Beijing is getting bullish about the cross-border use of the digital yuan – with Chinese experts now talking about BRI/“new Silk Road” CBDC integration.Per the Chinese Securities Journal, Li Jianjun, the Vice President of the Central University of Finance and Economics, spoke about the e-CNY’s role in BRI “financial cooperation”…

Binance US, the American subsidiary of the well-known cryptocurrency exchange, is experiencing a series of high-profile departures. Today, Sidney Majalya, the Chief Risk Officer, and Krishna Juvvadi, the head of legal, resigned according to a report by Wall Street Journal. Their exits followed the recent resignation of Brian Shroder, the firm’s…

The new Ethereum scaling network Layer N has raised $5 million in a seed funding round led by PayPal co-founder Peter Thiel’s Founders Fund and investment collective dao5.The funding round, announced by Layer N on Wednesday this week, also saw participation from several other notable crypto investment firms, including Kraken…

Bitcoin hard-fork project Bitcoin SV (BSV) continues to be embroiled in a tight-fought struggle with the 20DMA as price action pushes down following death cross, rejection could spell disaster – is Bitcoin SV going to zero?This comes in the aftermath of an impressive push by BSV bulls, which shot up…

Digital asset exchange Bybit mulls a potential exit from the UK as new rules from the Financial Conduct Authority (FCA) swing into effect on Oct 8. Bybit CEO Ben Zhou explained that the new marketing rules set to be enforced in a few weeks will tighten the market, possibly forcing the…

The company behind Stoner Cats non-fungible tokens (NFTs) has to pay a $1 million fine and destroy all its NFTs per a settlement with the US Securities and Exchange Commission (SEC).According to the Wednesday press release, the SEC charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of…

Web3 games platform Tamadoge launches its 3D NFT presale on the afternoon of Thursday September 14th, a fortnight since announcing the introduction of staking, and then a week ago a new burn program.Tamadoge’s $TAMA coin has witnessed bullish price action as a result of the impressive news flow, with the…

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.There are a wide range of crypto projects in the market. But if we look at the number of crypto projects that provide a tangible use case, we are left with few examples. Only cryptocurrencies underpinned by real-world…

Circle Internet Financial, global payments firm behind the USDC stablecoin, has announced a partnership with ride-hailing giant Grab to pilot a Web3 blockchain-based wallet in Singapore. Grab’s Singapore-based users can create a blockchain-enabled wallet named the “Grab Web3 Wallet” to earn rewards and collect non-fungible token (NFT) vouchers, ushering them into…

The Japanese electronics and entertainment giant Sony will develop a blockchain network, making it the latest company from the nation to move into the Web3 space.The company’s IT subsidiary Sony Network Communications will work on the project, alongside a Singapore-based firm named Startale Labs.Per Nikkei and an official Startale Labs…