Bank of England Seeks Proof of Concept Wallet For CBDC
The Bank of England (BOE) advertised a call for proposals on the Digital Marketplace. The proof-of-concept was given a budget of £244,500 (around $244,500).Proof-of-concept for a wallet that may store…
Did Elon Musk’s Warning for Twitter Scammers affected the Fall in Crypto Bots?
Musk continues to halt Twitter scammers, and challenges Twitter bots to “attack” him. Billy Markus claims only fewer bots appeared on a test post he recently tweeted.Elon Musk, the CEO…
Russian Crypto Ponzi company Finiko’ important Member Arrested in UAE
Sabirov had been added to a worldwide wanted list in November.Marat Sabirov, one more of Finiko’s prominent representatives, is still at large.A key figure in the organization of Russia’s greatest…
Argentina Plans Incorporating Blockchain in Various Government Sectors
Argentina has just released guidelines for blockchain technology adoption. The Dec. 7 document also establishes a national blockchain committee.Some of the most distinguishing features of blockchain technology are its decentralization,…
Binance Clears Stance on Price surges in Alt-coins.
The team of the exchange has recognized the cryptocurrencies’ abnormal price swings. Binance has assured its users that their money is secure.While the recent large purchases on Binance are a…
European Union Regulators Sets Cap on Cash Transactions Along With Crypto Payments
On November 6th, the bloc agreed to allow cash transfers of up to €10,000 ($10,557). All forms of payment, not just cash, will be subject to the new regulations.EU member…
Chipper Cash Valuation crash to $1.25B as they sack workers
Chipper Cash has also laid off as many as 50 workers.The $35 million investment from FTX is reportedly the cause of the fintech’s value decline.The valuation of Chipper Cash, one…
Record volume of cryptos was withdrawn from crypto exchanges by Traders
Traders rush for exits alarmed at safety of their assets after FTX filed for bankruptcy Sam Bankman-Fried admitted to poor internal controls at FTX © BloombergInvestors are pulling record levels…
Brussels to draft Tough Tax Reforms For Crypto Sector
All crypto service providers will be subject to the reporting obligations. The proposal will be presented to the EU Council for review. Countries across the globe are stepping up regulations…
New FIFA World Cup 2022 Licensed Meta verse Game Launched
Reality+ and OTZ Sports have collaborated to release the Web3 game. Two of the eight on-field zones appear on the first match card free to the participant. Powered by its…