South Korean Central Bank to ‘Speed up’ CBDC Project
The South Korean Central Bank is set to “speed up” its CBDC project, and will pilot its digital KRW with a group of 100,000 citizens later this year. According to Newsway, the Bank of Korea (BOK) will test digital KRW usability
EY Launches Ethereum-Based Blockchain Tool to Simplify Business Agreements
Accounting firm EY launched an Ethereum-based blockchain solution on Wednesday. It aims to help businesses execute complex agreements, reduce costs, and maintain security. Called the EY OpsChain Contract Manager (OCM), it is designed to tackle hurdles like managing business agreements spanning
Hut 8 Cuts Mining Costs By 30% At New Salt Creek Facility
Publicly traded Bitcoin mining firm Hut 8 Corp announced on April 16 the initialization of self-mining operations at its new Salt Creek facility, only 78 days after breaking ground in the area. The Texas-based facility boasts a favourable energy profile, which
Bitcoin Price Prediction as BTC Crashes Before Halving – Is The Bull Market Over?
Bitcoin Price Prediction As the cryptocurrency community anticipates the next Bitcoin halving event, expected around April 19 or 20, speculations about its impact on Bitcoin’s price are intensifying. This scheduled reduction in mining rewards, which decreases the supply of new Bitcoins entering
Best Crypto to Buy Now April 16 – Celestia, Pepe, Fantom
With cryptocurrency markets a sea of red on Tuesday, the market continues to trade heavily due to concerns about Middle Eastern geopolitical tensions and the diminishing likelihood of near-term Fed interest rate cuts; investors are turning to smaller and lesser-known
Binance.US Appoints Former NY Fed Compliance Chief Grant Martin To Board Amidst Crypto Regulation Crackdown
Grant Martin, the former Chief Compliance and Ethics Officer at the Federal Reserve Bank of New York, is joining the board of Binance.US, the crypto exchange announced in a Tuesday blog post. Former NY Fed Official Grant Martin Hired By Binance.US According
Trust Wallet Issues Warning About Zero-Day Exploit Targeting iOS Users
Popular crypto wallet provider Trust Wallet disclosed on April 15 that it received “credible intel” about a high-risk zero-day exploit being sold on the Dark Web to target iOS users. According to the software developer, this flaw could allow hackers to
Microsoft Invests $1.5 Billion Into AI Firm in the UAE
Microsoft invested $1.5 billion into G42, an artificial intelligence (AI) company based in the United Arab Emirates (UAE). This was disclosed on April 16 as part of the Microsoft AI investment plans to expand and strengthen its position in the
Bitcoin Supply On Exchanges Has Almost Depleted, Says Bybit
The available Bitcoin supply on exchanges is rapidly diminishing, potentially reaching depletion within the next nine months, according to a Monday analysis by Bybit. Citing data from CryptoQuant, Bybit wrote in a blog post that only 2 million BTC is present on centralized crypto trading platforms, representing less than 10% of the entire network’s supply. Cratering Bitcoin Exchange Supply Before Halving “If we assume
South Korean Police Raid Winnerz Offices Over ‘Scam Coin’ Allegations
South Korean police have raided the offices of the sports-themed blockchain platform Winnerz as part of a probe into claims its WNZ token is a “scam coin.” Per the newspaper Money Today, the Seoul Metropolitan Police Agency’s criminal task force announced