Kazakhstan’s central bank to test CBDC on BNB chain
The National Bank of Kazakhstan [NKB] will be testing the integration of their central bank digital currency (CBDC) on the BNB Chain.
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UK High Court shuts down PGI Global for alleged crypto scam
The United Kingdom High Court has shut down PGI Global UK Ltd. for allegedly running a crypto scam and has appointed the official receiver as the company’s liquidator.
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World’s largest Bitcoin miner Core Scientific’s stock tumbles amid liquidity crisis
The Nasdaq-listed company expects to deplete its cash resources by the end of this year.
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Hong Kong mulls plans to legalize retail crypto trading: Bloomberg
Hong Kong is mulling plans to legalize retail crypto trading to regain its status as a global digital asset hub.
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Markets: Bitcoin, Ether rise; Dogecoin leads gains across most top 10 cryptos
Bitcoin extended its rally and rose nearly 2%, with top 10 cryptocurrencies by market capitalization, excluding stablecoins, mostly higher on the day, led by Dogecoin’s 18% gain as Elon Musk’s purchase of Twitter neared completion.
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Education is best protection measure in blockchain tech, says Binance chief CZ
Binance CEO Changpeng Zhao believes education is key to a wider, safer adoption of blockchain technology.
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FTX CEO Sam Bankman-Fried says action needed on global rules for cryptocurrencies
Bankman-Fried says the global crypto industry needs a “passporting” policy framework that lowers barriers for crypto businesses.
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Crypto a ‘better bet’ than gold, says Ethereum cofounder Vitalik Buterin
Ethereum founder Vitalik Buterin has called crypto “the better bet” over gold, and that “gold has less adoption than crypto.”
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SEC takes no position on two motions in support of Ripple in XRP lawsuit
The SEC is not taking a position on two motions, submitted by non-profit organization Investor Choice Advocates Network and crypto wallet provider SpendTheBits, which seek to weigh in on the lawsuit between the SEC and Ripple.
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Gaming and NFTs will drive Web3 growth: Crypto.com COO
The future of the burgeoning Web3 sector will be gaming and non-fungible tokens, said Eric Anziani of global digital asset exchange Crypto.com.