Project Mariana, an initiative whose goal was to explore the application of central bank digital currencies (CBDCs) in enhancing the efficiency and security of cross-border payments, has been successfully concluded, the Bank of France has confirmed. Even as this pilot comes to an end, one developer notes that the Bank of International Settlements (BIS) reportedly utilized the public Ethereum Sepolia testnet and Curve …
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Coinbase, the renowned cryptocurrency trading platform, has announced that its Bermuda-based entity, Coinbase International Exchange, has received regulatory approval from the Bermuda Monetary Authority (BAM) to offer perpetual futures to retail customers outside the United States. The move marks Coinbase’s entry into the rapidly growing market for perpetual futures, which have become dominant in cryptocurrency trading abroad. According to Barron’s …
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Prominent investment manager VanEck has revealed plans to launch an Ethereum Futures exchange-traded fund (ETF). Interestingly, this development comes a few hours following news that the US Securities and Exchange Commission (SEC) was looking to fast-track the approval of some Ether futures ETF applications ahead of a US government shutdown. VanEcK Set To Launch Ethereum Futures ETF On CME According …
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One word to describe the current state of the community when it comes to the XRP price is ‘bullish’. This extreme state of bullishness is spurred on by crypto analysts far and wide presenting various bullish scenarios, with some expecting the XRP price to reach as high as $10,000. Once again, crypto analysts are seeing a rally in the future …
Read More »Sam Bankman-Fried (SBF), former CEO of the now-defunct FTX exchange, will attend his trial from behind bars after the latest court decision on Thursday. Why Sam-Bankman Fried Will Remain In Jail Until Trial According to various reports, on September 28, US District Judge Lewis Kaplan denied a request from SBF’s lawyers asking for the FTX co-founder to be temporarily released …
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Ripple’s Chief Technology Officer (CTO) David Schwartz has further clarified the actual use case of his company’s XRP Ledger and its utility token XRP following comments that put the network’s reputation in question. XRP’s Actual Utility A particular X page (@EthereumThaila1), which seems to be a pro-Ethereum user, had ignited this particular X thread following a comment about Ripple’s centralized …
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Binance, the world’s largest crypto exchange, recently made headlines with its decision to exit the Russian market. But the aftershocks of this have led to further revelations, particularly concerning the involvement of the platform’s former employees in the new exchange, CommEX. Changpeng Zhao (CZ), the founder and CEO of the world’s largest crypto exchange, took to X (formerly Twitter) to …
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In a surprising turn of events, Ripple CEO Brad Garlinghouse announced that the company has decided to abandon its direct acquisition of financial institution Fortress Trust. The decision marks a significant departure from Ripple’s earlier intention to acquire the firm, as they had signed a letter of intent just a few weeks ago. However, Garlinghouse emphasized that Ripple will continue …
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Data shows the social dominance of Dogecoin has dropped to the lowest value since 2020, implying that interest in the meme coin has disappeared. Dogecoin And Other Meme Coins Have Seen Declining Interest Recently According to data from the on-chain analytics firm Santiment, meme coins have been occupying a smaller part of the trader interest in the cryptocurrency sector recently. …
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The Shiba Inu price is one that is poised for upside as momentum picks up. The fundamentals that point to this increase are a culmination of the surge in the meme coin’s trading volume coupled with an absolutely massive jump in the amount of SHIB that is being burned on a daily basis. SHIB Burn Rate Picks Up Over 1,300% …
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On Wednesday, September 27, Roberto Campos Neto, Brazil’s central bank governor, announced his intention to tighten crypto regulation. During his speech on Finance and Taxation at a Congress hearing, Campos Neto said virtual assets brokerages should be subject to strict supervision. Given Brazil’s significant increase in crypto adoption, the governor emphasized the need to heighten scrutiny on crypto and related …
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In the ever-expanding landscape of blockchain technology, the concept of cross-chain bridges has emerged as a critical component. These bridges serve as the vital connectors between various blockchain networks, enabling seamless interoperability and the transfer of assets and data across different chains. However, as the crypto industry continues to invest heavily in these bridges, Chainlink’s co-founder, Sergey Nazarov, has raised …
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