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• The US Treasury recently conducted a study on CBDCs, and found that its introduction could destabilize the banking sector while potentially increasing household welfare. • Before now, US lawmakers expressed dissatisfaction with developing central bank digital currencies (CBDCs). • The study also revealed that apart from banks’ destabilization and boost in household welfare, introducing […]

• The US Securities and Exchange Commission (SEC) case against Ripple Labs is still pending a ruling from the judge in charge of the Southern District Court of New York. • Bankrupt crypto lender Voyager Digital recently received approval from bankruptcy judge Michael Wiles to sell its assets and transfer its customers to Binance.US. • […]

What is Going On? The UK financial watchdog, the Financial Conduct Authority (FCA), has taken legal action against unregulated crypto ATMs in London. The FCA believes that unregistered crypto ATMs are “high risk” and could be used for illicit activities such as money laundering. The FCA is working with law enforcement partners to take action […]

• Exodus wallet suggests potential support for Shiba Inu’s Shibarium layer 2 network. • MetaMask launches SDK in Unity Asset Store that could massively benefit the Shiba Inu ecosystem. • Chief developer of Shiba Inu, Shytoshi Kusama, draws attention to the launch of the MetaMask SDK. Exodus Wallet Checks Shibarium Integration One of the oldest […]

• Jack Mallers, CEO of BTC payment provider Strike, compares the top cryptocurrency Bitcoin to a central bank. • The first block in the Bitcoin chain, called the Genesis block, contains a newspaper headline from 2008 about banks seeking emergency assistance. • Despite being created in protest to such policies as those implemented by central […]

• Shytoshi Kusama, lead developer of Shiba Inu, hinted that the highly anticipated Shibarium layer-2 blockchain could launch as soon as before May. • Despite the potential hint given by Kusama, tokens backing the soon-to-be-launched layer 2 networks are still in the red along with other altcoins in the market. • An influencer named Lucie […]

• Genesis Trading and Digital Currency Group (DCG) have reached an agreement over a debt dispute. • To raise capital to pay creditors, DCG is selling shares in Grayscale Bitcoin (GBTC) and Ethereum (ETHE) Trusts at a discount. • Selling these shares could have a massive impact on the discount to NAV of the trust, […]

• FTX crypto exchange recently collapsed, leading to intensified regulation of crypto-related activities and platforms like Binance. • Bitzlato is under investigation by the US DoJ for unlicensed money transfers, and Binance is the most significant Bitcoin counterparty. • Customers on Binance have complained about their accounts being blocked without warning. The collapse of the […]

– Elon Musk’s influence on the Dogecoin community and the price of the meme coin is still very prominent. – If Musk were to start promoting Dogecoin again, the price would quickly reach a new all-time high. – A 70,000% rally from Musk’s shilling in 2021 took the altcoin from $0.0011 to $0.78, and another […]

• South Africa has mandated new guidelines to protect consumers from unethical advertising related to cryptocurrency products and services. • These guidelines include that crypto adverts must “expressly and clearly state that investments may result in the loss of capital as the value is variable and can go up as well as down”. • Crypto […]