European Central Bank Moves Forward on CBDC Project After Concluding 2-Year Research Phase

European Central Bank Moves Forward on CBDC Project After Concluding 2-Year Research Phase

On October 18, the ECB Governing Council stated that it had decided to move to the next phase of the digital euro project. The move into the preparation phase for a potential European CBDC follows the completion of a two-year investigation phase. The preparation stage will start on November 1 and will initially last two […]

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Calgary Residents Lose Over $22 Million to Crypto Scams Amid Bear Market

Calgary Residents Lose Over $22 Million to Crypto Scams Amid Bear Market

The Calgary Police Service issued a warning to residents to beware of fraudsters who promise high returns on crypto investments, noting that Calgary victims have lost more than $22 million mostly to investment scams so far in 2023. Meanwhile, authorities believe crypto scams are still underreported despite huge losses. Calgary Police Receive More Crypto Scam

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Meitu Focuses on AI Growth, Moves Away from BTC, ETH Investments

Meitu Focuses on AI Growth, Moves Away from BTC, ETH Investments

Meitu (1357), the pioneering Hong Kong-listed company known for its ventures into cryptocurrencies, has recently announced a strategic shift away from digital assets like Bitcoin and Ethereum. The company, which made headlines in 2021 for investing around $100 million in cryptocurrencies, has revealed that its growth is now driven primarily by its artificial intelligence (AI)

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Not Long Before Next Stage Of TUK Token – Get Involved With EV-Focused eTukTuk Now

Not Long Before Next Stage Of TUK Token – Get Involved With EV-Focused eTukTuk Now

A pressing concern we face today is climate change, and this requires a comprehensive array of solutions to tackle. eTukTuk (TUK), powered by crypto and blockchain technology, steps up to this challenge by presenting an innovative solution aimed at the electric tuktuk market. eTukTuk (TUK) been making significant strides in its niche, and it won’t

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Rise in Number of French Stores Accepting Bitcoin

Rise in Number of French Stores Accepting Bitcoin

Source: Richard Villalon/Adobe A growing number of French stores are accepting Bitcoin as a form of payment – ranging from large shopping malls to traditional restaurants. The fast-growing group now includes Bouchon-comptoir Brunet, a Lyon-based bouchon – a type of eatery specific to the Lyon area. The restaurant became the first in the city to

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Security Concerns Prompt Bitcoin Core Developer to Leave Lightning Network

Security Concerns Prompt Bitcoin Core Developer to Leave Lightning Network

Source: AdobeStock / 24K-Production Antoine Riard, a security researcher and developer, has announced his departure from the Lightning Network’s development team, citing security issues and challenges that pose a threat to the Bitcoin (BTC) ecosystem.  In a discussion on the Linux Foundation‘s public mailing list, Riard expressed concerns about a new class of replacement cycling attacks, which have put the

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Bitcoin Dominance Reaches Over 49%, Highest in 2 Years – What’s Going On?

Bitcoin Dominance Reaches Over 49%, Highest in 2 Years – What’s Going On?

Source: Adobe Stock Bitcoin (BTC)‘s dominance in the cryptocurrency market has surpassed 49%, reaching its highest level in more than two years. According to data from CoinGecko, Bitcoin’s dominance currently stands at 49.58%, almost three times the dominance of Ethereum (ETH), the second-largest crypto by market cap, which sits at around 16.7%. This steady increase in

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Bitcoin Price Prediction as $10 Billion Sends BTC Above $30,000 Resistance – New Bull Market Officially Starting?

Bitcoin Price Prediction as $10 Billion Sends BTC Above $30,000 Resistance – New Bull Market Officially Starting?

Bitcoin, the pioneering digital asset, has once again captured global attention as it surges past the formidable $30,000 resistance level. A colossal inflow of $10 billion has catalyzed this rally, signifying renewed confidence from institutional and retail investors alike.  With this significant breach of resistance, market analysis is heralding the onset of a fresh bull

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Hong Kong’s SFC Moves to Update Crypto Market Regulations Following New Market Developments

Hong Kong’s SFC Moves to Update Crypto Market Regulations Following New Market Developments

Source: Securities and Futures Commission (SFC) Hong Kong’s Securities and Futures Commission (SFC) has announced plans to update its framework on cryptocurrency sales and requirements amid the evolving market development of the digital asset industry.  In the regulator’s upcoming amendment notice published on October 20, five major parts were addressed with respect to the crypto

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Solana’s Strong Recovery in 2023: SOL vs ETH Ratio Hits Yearly Highs

Solana’s Strong Recovery in 2023: SOL vs ETH Ratio Hits Yearly Highs

Solana had a strong association with FTX, and the latter’s collapse last year had significant repercussions for the SOL token. However, the seventh-largest crypto-asset has pursued a strong recovery this year. According to Nansen’s latest analysis, SOL has been trending positively since the summer. In fact, the SOL vs ETH ratio was found to have

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