The British bank will provide e-CNY CBDC services to clients and explore its future use in China’s financial system. British multinational bank Standard Chartered will partake in trials of China’s digital yuan central bank digital currency (e-CNY CBDC), one of the first foreign banks to do so in the country. According to the Nov. 27...Continue Reading
The recent JPEX and Hounax exchange scandals have resulted in losses exceeding $100 million. A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite recent scandals. According to local news reports on Nov. 27, Julia Leung, Hong Kong’s Under Secretary for Financial Services and the Treasury, stated, “Even if...Continue Reading
No bullsh*t, hype-free use cases for AI and crypto: Crypto is the currency of choice for autonomous AI agents, says Jeremy Alliare & ChatGPT. For every genuine blockchain project harnessing artificial intelligence in an attempt to create a better world like Dr Ben Goertzels Singularity.net there are 100 coins like AI Doge that have simply...Continue Reading
Three gaming executives believe mainstream audiences will play a factor in the overall success and future of Web3 games. Web3 game developers have been battling to gain the attention of mainstream audiences for years, and according to three former gaming executives, that market is essential for the industry’s future. Video games have become a favorite...Continue Reading
HKVAEX and VAEXC are different crypto platforms in Hong Kong and have nothing to do with each other, a HKVAEX representative said. Hong Kong cryptocurrency exchange HKVAEX has not applied for a virtual asset trading platform license with Hong Kong’s Securities and Futures Commission (SFC), a spokesperson for HKVAEX has said. Amid multiple reports erroneously...Continue Reading
The global cryptocurrency exchange and Web3 service provider launched a local exchange and Web3 wallet in Brazil as the country continues its competitive crypto streak. The cryptocurrency exchange and Web3 developer OKX announced the expansion of its services for users in the Brazilian market with a local crypto exchange and Web3 wallet platform. On Nov. 27,...Continue Reading
DYdX, Optimism, 1inch and Aptos are expected to release over $750 million in locked tokens by December, according to data tracker Token Unlocks. Around $750 million of vested digital assets are scheduled to be unlocked and released into the markets in December. Among the projects releasing locked tokens, the decentralized exchange dYdX will unlock the...Continue Reading
The number of tax evasion cases featuring crypto assets rose 35% in 2022. According to Japan’s tax authorities, the average value of undeclared income in crypto fell by 19% in 2022. On Nov. 24, the Japanese National Tax Agency (NTA) released its yearly summary of tax investigations. The 13-page document also contains data on the...Continue Reading
The co-founders of crypto media Bankless are seeking to separate their brand from BanklessDAO some two years after the launch of DAO. Amid the ongoing controversy around cryptocurrency media Bankless and the associated decentralized autonomous organization (DAO), BanklessDAO, the founders of Bankless have suggested separating the brand from the DAO. Bankless co-founders David Hoffman and...Continue Reading
Hive Digital Technologies has acquired land and a data center to expand its operations in Sweden, house the incoming generation of ASIC servers and increase Bitcoin production. The cryptocurrency mining company Hive Digital Technologies has revealed plans to expand its global presence through a new acquisition of property and a data center in Boden, Sweden....Continue Reading
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