IMF Assesses CBDC Design in Islamic Banking, Uncovers Magnified Risks
A recent study published by the International Monetary Fund (IMF) suggests that a central bank digital currency (CBDC) can have significant impacts on the monetary
Article written by Rachel Aaron
Taiwanese Officials to Monitor Crypto Activities
Taiwan is taking steps to strengthen its cryptocurrency regulations, with the Financial Supervisory Commission (FSC) set to become the central authority for overseeing the sector.
Bithumb Executive Suspected of Taking Bribes in South Korean Crypto Listing Investigation
South Korean authorities are investigating Bithumb’s CEO, Lee Sang-jun, for alleged bribery in connection with the listing of certain cryptocurrencies on the exchange, according to
Crypto Investment Firm 21Shares Halts Several Offerings as Interest Wanes
Swiss-based cryptocurrency ETP issuer, 21Shares, will be closing five of its funds and delisting another due to low demand from investors. The company will terminate
Avalanche Network to Add Uniswap V3: Will TVL Surge as a Result?
Uniswap V3 is set to join Avalanche, and the effects of this could be significant for both protocols. Uniswap is one of the most prominent
Crypto Adoption Soars in Vietnam as 16.6 Million People Invest in Digital Assets, Report Shows
Vietnam is quickly becoming a hotbed for cryptocurrency, with a recent report revealing that 16.6 million Vietnamese citizens own digital currencies, making up around 17%
Playboy’s Ethereum NFT Misstep: $4.9M Down the Drain
The parent company of Playboy, PLBY Group, has reported an impairment loss of $4.9 million on Ethereum it held last year. The loss occurred during
Euler Finance CEO Acknowledges Hack Despite 10 Audits in 24 Months
Euler Finance, an Ethereum-based lending protocol, suffered a $196 million flash loan attack on March 13 despite undergoing ten separate audits from six different blockchain
$100 Million Worth of Stablecoins Sent by Alameda-Linked Wallet to Trading Firms Following USDC Depreciation
A wallet associated with Alameda Research’s liquidators has made a massive transaction in the crypto market, sending $100 million worth of stablecoins to Cumberland and
India’s Crypto Industry Receives Attention from Lawmakers, Hinting at Possible Regulation
On Saturday, India’s crypto industry achieved a major milestone by hosting a successful conference on Web3, with the participation of lawmakers and members of India’s
Regulators Shut Down Signature Bank in Wake of SVB Collapse: Crypto Industry Hit Hard
In the wake of the banking meltdown, regulators have shut down yet another crypto-friendly bank – Signature Bank, based in New York – delivering a
Uniswap and Curve Reach Record High Trading Volumes as Traders Rush to Exchange USDC
Decentralized exchanges (DEX) Uniswap and Curve reached lifetime high trading volumes over the weekend as traders hurried to exchange their token holdings, particularly USD Coin
South Korea Aims to Fast-track National Programs with Metaverse Fund Launch
While the global economy continues to grapple with crypto price instability and ecosystem collapses, South Korea is forging ahead with its vision of the metaverse
Bank of England shuts down Silicon Valley Bank’s UK branch over regulatory concerns
Silicon Valley Bank’s (SVB) United Kingdom (UK) branch has been ordered to halt its operations by the Bank of England (BoE) due to its “limited
Economist Claims Corporate Greed Is Outpacing the Federal Reserve’s Attempts to Curb It
Corbu LLC’s Chief Economist Samuel Rines has warned that companies driving inflation by testing consumer tolerance to price increases could render hawkish Federal Reserve policy
Hedera Hashgraph Confirms Smart Contract Exploit Leading to Theft of Liquidity Pool Tokens
Hedera, the team behind the distributed ledger Hedera Hashgraph, has confirmed a smart contract exploit on the Hedera Mainnet that has resulted in the theft