Zero-knowledge proofs vs. CBDCs: the fight for privacy amid central banks’ bid for control

Privacy preservation is becoming an increasingly important and scarce resource in the current ‘Information Age’ — particularly regarding financial transactions. The rise of central bank digital currencies (CBDCs) has been proposed to create more secure, accessible, and efficient methods for financial transactions. However, privacy concerns remain surrounding CBDCs — due to the underlying caveat that […]

Dogecoin is Not a Security – Cryptopolitan

The post Dogecoin is Not a Security – Cryptopolitan appeared on BitcoinEthereumNews.com. Dogecoin has gained massive popularity in recent years, thanks to its meme-like branding and its celebrity endorsements, particularly from Elon Musk, the CEO of Tesla and SpaceX. The meme coin…

Zimbabwe’s central bank to issue gold-backed digital currency: Report

The post Zimbabwe’s central bank to issue gold-backed digital currency: Report appeared on BitcoinEthereumNews.com. The Reserve Bank of Zimbabwe is set to introduce a gold-backed digital currency to serve as a legal tender in the country. The move is a government initiative to stabilize…

This Week on Crypto Twitter: Tom Emmer Grilling Gensler Goes Viral, US and EU Regulators Make Moves

This week, markets were at the mercy of macroeconomic factors as some at the Fed have indicated another rate hike is due next month. Crypto was also subjected to intense scrutiny by regulators in both the U.S. and EU. Bitcoin and Ethereum led the downturn, with similar seven-day losses of over 10% impacting many leading […]

This Week on Crypto Twitter: Tom Emmer Grilling Gensler Goes Viral, US and EU Regulators Make Moves

Soulja Boy’s history of shilling crypto scams was brought to light this week by one crypto sleuth. 

DigiToads Is Poised to Surpass Chainlink and Cardano in Market Cap

The post DigiToads Is Poised to Surpass Chainlink and Cardano in Market Cap appeared on BitcoinEthereumNews.com. While Chainlink (LINK) and Cardano (ADA) value sees a constant decline, experts predict DigiToads (TOADS) value to surpass these low-performing cryptos.  The end of 2020 was an ideal time for…

Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit

There has been a lot of commentary concerning the U.S. raising its debt limit, as Treasury secretary Janet Yellen said last month that a U.S. default would be “devastating,” and European Central Bank president Christine Lagarde warned it would be a “major disaster” if the U.S. defaulted on its obligations. It now appears that Republican […]

Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit

There has been a lot of commentary concerning the U.S. raising its debt limit, as Treasury secretary Janet Yellen said last month that a U.S. default would be “devastating,” and European Central Bank president Christine Lagarde warned it would be a “major disaster” if the U.S. defaulted on its obligations. It now appears that Republican […]

Shibarium Beta Surpasses 14 Million Wallet Milestone

The post Shibarium Beta Surpasses 14 Million Wallet Milestone appeared on BitcoinEthereumNews.com. The Shibarium beta network currently has 14,061,584 wallets. The network has processed a total of 4,552,506 transactions, for a daily average of 68,782. The Shiba Inu ecosystem’s layer-2 network solution,…

Turbulent Times: Unravelling the Unstablecoin Debate and Exploring the Impact of Regulatory Excess on Financial Stability

It’s a volatile time for the global financial system: cryptocurrency is gaining traction, financial institutions are collapsing, and stablecoin regulations remain elusive. With regulatory excess threatening financial stability, the debate over the regulation of stablecoins rages on, as U.S. lawmakers attempt to craft legislation that protects consumers and fosters a healthy financial ecosystem. Concern on […]