China’s Digital Yuan Little Used, Former Central Bank Official Says
Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at...
Bitcoin
Central Bank Gold Demand Rose at the Fastest Pace in 55 Years, Analyst Says Silver Could Outperform Gold in 2023
According to a myriad of reports, the People’s Republic of China has been buying hoards of gold during the last...
Argentine Peso Breaks Historic Low Mark as Argentines Hedge Savings in Dollars
The U.S dollar-Argentine peso exchange rate escalated during December, with the Argentine fiat currency reaching new historic lows as citizens...
The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg
2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just...
Bitcoin Mining Pool Btc.com Suffers $3 Million Cyberattack
A major cryptocurrency mining pool has been hit by hackers earlier this month, the company who owns the pool revealed...
Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022
Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down...
Snowden to Musk: ‘I Take Payment in Bitcoin’; Big Short Investor Says Audits of Exchanges like Binance and FTX Are ‘Meaningless,’ and More — Week in Review
Ahead of the holidays and new year, the former U.S. National Security Agency (NSA) contractor known to the world as...
Biggest Movers: SOL Hits 1-Month Low on Saturday, as UNI Extends Recent Declines
Solana fell to a one-month low to start the weekend, as cryptocurrency markets moved lower ahead of Christmas Day. Today’s...
Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time High
As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per...
Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central...
Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11...
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world...
Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets
The Basel Committee, the organization in charge of setting global bank standards, has finalized its new rules related to banks...
Onecoin Co-Founder Pleads Guilty to Fraud Charges in US
Karl Sebastian Greenwood, a co-founder and operator of Onecoin, has pled guilty to his part in building the notorious crypto...
Biggest Movers: ADA Hits Fresh Record Low, BNB Down for Seventh Straight Day
Cardano fell to a fresh all-time low on Saturday, as prices plunged by over 10% to start the weekend. The...
