The Bank of Israel has reportedly already issued a central bank digital currency through a pilot test of a digital shekel. According to a Monday report from the Jerusalem Post, Bank of Israel deputy governor, Andrew Abir, said the financial institution
June 21, 2021
Developers of Polywhale Finance, a leading yield farm on the Polygon network, have abandoned the project in what appears to be an elaborate exit scam worth over $1 million, cryptocurrency news outlet Crypto Briefing reported Monday. Polywhale Finance’s founders are
The Ontario Securities Commission has issued a notice stating that it will be holding a hearing against Bybit regarding the crypto exchange allegedly “flouting” Canadian securities law. In a Monday notice from the Ontario Securities Commission, or OSC, the regulatory
Bitcoin (BTC) price dropped roughly 22% over the past 7 days, retesting the $31,700 area for the second time in June. The most pressing news for the negative performance has been China supposedly cracking down bank accounts of over-the-counter desks,
Institutional managers continued to take profits on their cryptocurrency holdings, with funds dedicated to Bitcoin (BTC) registering their sixth consecutive weekly outflows, according to CoinShares. Outflows from digital asset investment products totaled $79 million last week, marking the third consecutive
In a bearish environment, traders latch on to every bit of negative news and make that a an excuse to sell. Bitcoin (BTC) dropped over $1,000 within a few minutes as news hit the stands that the third-largest Chinese bank,
A platform that allows blockchain applications to be built using JavaScript has invited developers and entrepreneurs with bright ideas to take place in an online hackathon. HackOnLisk aims to support innovation on the Lisk network as it moves to the
A business unit within Malta’s Chamber of Commerce has struck down allegations that the country failed to uphold proper regulatory oversight of cryptocurrency businesses in its early embrace of the industry in 2017 and 2018. The Virtual Financial Assets Agents
A Canadian business has become the world’s first publicly listed company to be entirely focused on the Lightning Network. LQwD FinTech Corp. trades under the symbols TSXV:LQWD, OTCQB: LQWDF. In November 2020, it was announced that Interlapse planned to acquire
El Salvador recently added Bitcoin as legal tender. In barely over a decade, an open-source, cypherpunk, radically new money system, with no publicly known creator and open to participation in both using and building from anyone in the world, has
