Bank of England Releases Paper on Digital Pound CBDC
The central bank of Britain is pushing forward with its CBDC (central bank digital currency) plans with the release of a new consultation paper on the digital pound.On Feb. 7,…
Hut 8 Mining Corp Merge With US Bitcoin Corp officially.
The merged business would be headquartered in the United States. Shares of Hut 8 Mining (HUT) finished the day up 7% at $2.38.In an all-stock transaction, Hut 8 Mining Corp.…
About 50% of USDT is Stored on the Tron blockchain.
More than half of the stablecoin Tether (USDT) is now held on the Tron blockchain. Why is USDT shifting towards Tron? According to recent data from DeFi Llama, more than…
WeTransfer Goes Into NFT Sector by Partnering With Minima.
This partnership would provide Minima with an early footing in the digital art sector.WeTransfer enables users to download huge files without registering for an account.The freemium model file-sharing platform WeTransfer…
Visa Testing USDC Payments on Ethereum
Visa experimenting USDC stablecoin on Ethereum.Visa will have access to smart contract-based payment options.The credit card giant Visa aims to integrate Ethereum blockchain-powered solutions into its services. According to the…
$4 Million Crypto Scam in a Hotel Lobby exposed
Months later
Webaverse, a metaverse project, went through this scam in late November 2022. Technical investigation of how $4M USDC was swept is not concluded yet.Crypto hacks and scams of recent times…
Binance Reports Temporary Suspension of USD Bank Transfers.
The suspension is expected to affect only a tiny fraction of Binance’s user base. Binance – the world’s largest crypto exchange – announced on Monday that it will pause all…
Google announces ‘Bard’ ChatGPT rival, to be available coming weeks.
The ‘experimental conversational AI service’ is called Bard and is only being tested by a limited group. “Introducing Bard, an experimental conversational AI service powered by LaMDA. You can use…
Binance Smart Chain Boom with Daily Active Addresses
BNB Chain daily active addresses surged by 30% in QoQ. BNB Smart Chain unique addresses reached an all-time high of 250 million.Despite the last year’s bearish momentum, Binance native blockchain…
Gate.io Experienced its Second Largest Bitcoin Withdrawal
Bitcoin worth $120,000,000 has been withdrawn from Gate.ioCrypto exchange Gate.ion recorded the second-largest withdrawal in history.While the cryptocurrency community attempts many ways to recover the market, a single entity withdrew…