The Bank for International Settlements (BIS) and four European central banks have rolled out a Proof-of-Concept (PoC) system to track the global flow of cryptocurrency assets. The partnership with the BIS was struck with the European Central Bank, Banque de France, Deutsche Bundesbank and Nederlandsche Bank to monitor on-chain and off-chain…

Polygon (MATIC) is bouncing back amid major proposal progress towards Polygon 2.0 and a surge in whale MATIC transactions – leaving some asking ‘is it too late to buy Polygon?’.The dramatic resurgence comes as number of PIP governance proposals (PIP-24 and PIP-25) have been unveiled, with both proposals aiming to…

Denis Beau, the first deputy governor of Banque de France has referred to Central Bank Digital Currencies (CBDCs) as a foundation for a new global monetary system.According to him, CBDCs should be developed to implement cross-border payments rather than for local financial settlements alone and being a double for fiat. “(CBDCs)…

As Uptober continues to fuel dramatic on-chain moves, Big DOGE token (BDOGE) has skyrocketed +1,000 – but could it be too good to be true?Recent weeks have seen a huge trend in explosive DEX launched tokens, with countless pump-and-dump moon-shots including APX, FTX, Thing, Jinbe and шайлушай.Launched at just 15:00…

As the trial against Sam Bankman-Fried, the disgraced former CEO of bankrupt crypto exchange FTX, begins, the complexity of the world of crypto is emerging as a significant challenge for both the prosecution and the defense.In the case, the prosecution faces the formidable task of simplifying and clarifying the complex…

Argentina’s presidential candidate, Sergio Massa has touted a Central Bank Digital Currency (CBDC) to solve the country’s worsening inflation crisis.In the nation’s first Presidential debate, Massa who currently serves as Economy Minister wants a digital currency to put the economy at the same pace with others globally.“We are going to…

Major NFT marketplace OpenSea has introduced OpenSea Studio, a comprehensive platform designed to assist creators in launching and managing their NFT projects. The company unveiled the new initiative in a Tuesday blog post, saying that OpenSea Studio aims to streamline the operational aspects so that creators can focus on their artistic endeavors.”We’re launching OpenSea Studio,…

FTX’s $500 million investment in Anthropic in 2022 could potentially become a game-changer for creditors after OpenAI rival revealed its intention to raise another $2 billion from Google and other firms.According to The Information report, Anthropic is currently in discussions with various investors, including tech giant Google, to initiate a…

On Wednesday, Bitcoin faced a modest decline of nearly 0.50%, with its trading price settling at $27,412. However, this slight dip belies the cryptocurrency’s resilient performance over the past week, witnessing an impressive surge of nearly 4%. This uptrend is particularly noteworthy given the recent challenges faced by the digital currency…

Three individuals involved in a global fraud and money laundering operation linked to the cryptocurrency scheme, AirBit Club, have received prison sentence, Department of Justice revealed in a press release. Scott Hughes, an attorney who played a key role in laundering approximately $18 million in fraudulent AirBit Club proceeds, has been…