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The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks to enhance payment efficiency and reduce costs, with retailers also … Read more
Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether. Go to Source
The automakers led the field in blockchain technology patent filings for Q2 2024. Go to Source
This week’s Crypto Biz explores several regulatory developments targeting crypto firms, including charges against Uniswap, a delay in a decision on an eco Bitcoin ETF, and a potential challenge to FTX’s repayment plan. Go to Source
Explore the risks of centralization in cloud computing and AI and discover how decentralized models are changing the landscape for innovation and independence. Go to Source
Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 Bitcoin. Go to Source
South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a fake cryptocurrency mining business. The scam resulted in individual losses ranging from 1.2 million … Read more
Even artificial workers can’t escape the bureaucracy. Go to Source
The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues. Go to Source
The stablecoin issuer said there was a risk of a “respective loss for the holders of AEUR tokens” due to FlowBank’s bankruptcy in June. Go to Source
