Italy and South Korea central banks agree on CBDC cooperation
Banca d’Italia — Italy’s central bank — announced on Dec. 5 through its official channels that it has entered into a...
Business
Web3 firm detects major security flaw in common smart contracts
Smart contract development firm Thirdweb reported a security vulnerability that potentially “impacts a variety of smart contracts across the Web3...
Hashdex tips spot Bitcoin ETFs to trade by Q2, followed by Ethereum
Hashdex, one of the 13 asset managers vying for spot Bitcoin (BTC) exchange-traded fund, expects to see the first spot...
Coinbase, Marathon stocks surge as Bitcoin lights ‘fire in the cauldron’
Publicly traded crypto firms have notched triple-digit percentage returns this year and closed up in green on Dec. 4, as...
IBM says it will have hit a quantum computing ‘inflection point’ by 2029
IBM announced the unveiling of its 1,121-qubit “Condor” quantum computing processor on Dec. 4. This is the company’s largest by...
Bybit sees BTC, ETH ‘flight’ of institutional investors to stablecoins, but not for long
The cryptocurrency exchange Bybit released its fourth quarter report on Dec. 4, highlighting and comparing trends between its institutional and...
AstraZeneca partners with AI company to find cure for cancer
The pharmaceutical company that developed one of the vaccines for COVID-19, AstraZeneca, will partner with a United States-based Artificial Intelligence...
South Korean financial authorities solicit reports on unlicensed crypto exchanges
Financial regulators in South Korea released an update on Dec. 4 asking users to report any unlicensed cryptocurrency exchanges offering...
Bitcoin is of ‘national strategic importance’ says US Space Force officer
The United States needs to formally investigate using proof-of-work networks such as Bitcoin (BTC) to protect the country from cyber-inflicted warfare,...
Arbitrum DAO passes $23M extra budget to fund all grant applicants
The Arbitrum DAO has confirmed the disbursement of millions in extra tokens to fund all projects approved on its latest...
Binance’s explosive growth led to compliance failures
“As part of the settlement, CZ cannot be involved in the day-to-day running of the company’s operations,” Richard Teng explains.Despite...
Elon Musk to advertisers trying to ‘blackmail’ X — ‘Go fuck yourself’
Billionaire entrepreneur Elon Musk is making the headlines again, this time for an expletive-laden outburst on live TV at an...
Robinhood to roll out US stock trading in British market
In another attempt to expand its business internationally, online trading platform Robinhood has announced plans to launch its stock exchange...
Crypto investment platform Fasset granted operational license in Dubai
Digital asset investment platform Fasset was granted an operational license on Nov. 29, according to a listing on the Dubai...
Crypto payment firm Alchemy Pay adds SEPA deposits in Europe
Cryptocurrency payment platform Alchemy Pay is scaling its payment options by integrating new on-ramps — new ways to buy crypto...
Cathie Wood’s ARK capitalizes on SoFi’s crypto exit, investing $1.5M in SOFI shares
ARK Invest, a cryptocurrency investment firm founded by Bitcoin (BTC) advocate Cathie Wood, bought about $1.5 million of SoFi Technologies...
Bitcoin for Christmas: MicroStrategy buys another $600M
Business intelligence firm MicroStrategy purchased 16,130 Bitcoin (BTC) in November, bringing its total holdings to more than $6 billion.In a...
Tether moving into infrastructure, energy production, CEO Ardoino says
Paolo Ardoino became CEO of Tether on Dec. 1, moving up from the position of chief technology officer, which he...
Binance VIP traders got sneak peek of US settlement: Report
Executives of cryptocurrency exchange Binance reportedly gave a heads-up to its top market makers regarding a potential $4.3-billion settlement with...
Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift
Celsius Network, a cryptocurrency lending platform, might need to secure a fresh vote from creditors for its planned shift to...
Hut8 Mining operates as U.S.-domiciled entity following USBTC merger
Crypto mining companies Hut 8 Mining Corp. and US Bitcoin Corp (USBTC) have combined operations in an all-stock merger of...
SBF was almost extorted for ‘protection’ in Brooklyn jail, recalls ex-inmate
Sam Bankman-Fried was reportedly worried for his safety during his pre-trial detention time at the Brooklyn Metropolitan Detention Center and...
