Brazil’s Central Bank Launch CBDC Named DREX.
Brazil’s central bank has named its upcoming central bank digital currency (CBDC) as “DREX.”DREX aims to enhance and boost financial services in the country.DREX will utilize distributed ledger technology to…
FBI Cautions Against NFT Scammers Impersonating Project Creators.
The FBI has published a PSA alerting consumers against non-fungible token (NFT) scams in which fraudsters pretend to be the creators of well-known projects. It was noted that the criminals…
PayPal Built A Digital Currency Dollar Equivalent PYUSD Stablecoin.
Global payments giant PayPal (PYPL) has officially stepped into the cryptocurrency arena by launching its very own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD). The announcement, made on Monday, marks a…
More Than $40 Million Worth SHIB Transferred To Unknown Wallet
The whale has amassed 4.41 trillion SHIB tokens, putting it in the 27th position.SHIB was able to break over the key psychological barrier of $0.00001 recently.A new whale has come…
Google Pays Apple and Others $123k For Hacking Chrome Security. You need to update your Google Chrome Browser Now to Patch Vulnerability.
Google has confirmed that a high-severity security vulnerability in the Chrome web browser was found by Apple’s Security Engineering and Architecture team. Moreover, the SEAR team was awarded a bug…
Will Elon Musk Tweet About Pomerdoge Next?
Musk’s tweets have been known to sway the crypto market, and now, the question arises: Will Pomerdoge be his next target for a tweet? As investors from Solana and Ethereum…
UK Plans Expanding Team to Combat Crypto-Related Crimes
The team will collaborate with the London police and a surveillance unit. Compensation starts at $44,145 (£34,672) and goes up to $48,782 (£38,314).The National Crime Agency (NCA) of the UK…
Justin Sun Addresses Huobi Exchange’s Bankruptcy Rumors.
There have been rumors that the cryptocurrency exchange is having financial difficulties.The top management of the exchange was allegedly detained in China on August 4.Fears of bankruptcy and reports that…
Elon Musk’s Favorite Coin Will be on X.
Elon Musk confirmed that X will not be issuing its own token, but chances are that cryptocurrencies will be involved in the platform one way or another. Responding to a…
