Does India Have Room For Both Bitcoin and CBDC? - CoinDCX Co-founder
India has recently announced that the country is considering banning cryptocurrencies like Bitcoin and Ether in favor of its Central Bank Digital Currency (CBDC).
XingChiIndia has recently announced that the country is considering banning cryptocurrencies like Bitcoin and Ether in favor of its Central Bank Digital Currency (CBDC).
XingChiTether is biting back on The Wall Street Journal for speculating that the company is under investigation by the U.S federal government.
XingChiOver $20 million in cryptocurrency, linked to the 2016 Bitfinex hack and stored in a US government wallet, has been suspiciously transferred, raising concerns of a potential theft. Blockchain analysts are investigating the sudden movement, which includes funds like Ethereum and stablecoins, possibly tied to a hacker.
JoyEthereum co-founder Vitalik Buterin has announced "The Surge," a roadmap aimed at enabling the network to process over 100,000 transactions per second using layer-2 scaling solutions and sharding. The plan focuses on enhancing interoperability among various platforms while balancing scalability, decentralisation, and security, with the next major upgrade, Pectra, expected in early 2025.
WeatherlyDonald Trump has raised approximately $7.5 million in cryptocurrency donations for his 2024 presidential campaign, with major contributions coming from Bitcoin, Ether, and XRP. The influx of crypto donations reflects his shift from a critic to a pro-crypto candidate, gaining support from key figures in the industry.
AnaisRadiant Capital, a DeFi lending platform, was hit by a cyberattack, losing over $50 million in USDC, WBNB, and ETH on BSC and Arbitrum. Hackers took control of its Pool Provider contract, redirecting ownership to a malicious contract. Radiant has halted lending and urged users to revoke smart contract permissions.
KikyoVitalik Buterin proposes lowering Ethereum's validator threshold from 32 ETH to 1 ETH to enhance decentralisation and accessibility, introducing innovations to maintain efficiency amid increased participation.
HafizNorth Gyeongsang Province seized $890,000 in crypto from residents who failed to pay taxes. The province aims to recover $136 million in unpaid taxes by the end of the year, using aggressive measures against tax evaders.
AnaisGoogle has just left Bitcoin investors scratching their heads as to why the search engine has removed the live price charts for Bitcoin and other cryptocurrencies
XingChiEthereum founder Vitalik Buterin sold a large number of meme coins over the weekend and cashed in $2.23 million. He previously stated that all tokens sent to him without permission would be sold and donated to charity, and the market speculated that this would be the case this time as well.
WeiliangChina's Supreme People’s Procuratorate (SPP) is increasing efforts to combat cybercrimes, especially those exploiting blockchain and metaverse projects. The rise in online fraud and financial crimes necessitates stricter regulations and heightened vigilance among citizens and investors.
JoyChina's Blockchain-based Service Network (BSN) is set to introduce RealDID, a groundbreaking initiative led by the Ministry of Public Security, for its 1.4 billion citizens. The scheme aims to establish the world's first national-level decentralised identity system, impacting the identity verification landscape.
JoyExploring China's groundbreaking move towards blockchain-driven identity verification for its vast population of 1.4 billion citizens.
Hui XinUS introduces bills to limit China's role in blockchain and cryptocurrency, aiming to protect national security and data privacy.
Hui XinTaiwanese artist and JPEX former spokesperson Nine Chen is being shifted from witness to defendant.
OliveChina has unveiled new developments in their central bank digital currency project
ClementThe company is also known for its involvement in blockchain technology as a founding member of China's state-backed Blockchain-based Service Network.
BrianThe Chinese government continues to push blockchain development for industrial use, signalling a belief in the technology despite Beijing’s cryptocurrency ban
South China Morning PostChina is currently the country with the largest number of patent applications in this field, with about 33,000 applications, accounting for about 63%.
CointelegraphOn November 1st, at the 4th China International Import Expo, Bank of China will take multiple measures to popularize the knowledge of digital renminbi: place it in many eye-catching places in the venue, post digital currency single pages and posters, let the basic knowledge of digital currency, open channels, How to use it is clear at a glance.
Cointelegraph