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Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues

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Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin withdrawals twice due to a…

Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1

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UNS. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early as June 1, if Congress does not raise or suspend the debt limit before that time.” Yellen also…

Russland wird sich im Energiehandel stärker auf nationale Währungen verlassen, Gelübde, sich vom US-Dollar zu entfernen

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Russia will increase its reliance on national currencies to settle payments for its energy resources, moving away from the US dollar, according to Russian Deputy Prime Minister Alexander Novak. Novak noted there is a great interest in acquiring Russian energy resources,…

French President Emmanuel Macron States Europe Must Reduce Its Dependence on the US Dollar to Avoid Becoming ‘Vassals’

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Emmanuel Macron, president of France, clarified his position on the future of Europe and its relations with China and the U.S. in the short term. Returning from his visit to Beijing, Macron believes that Europe should avoid getting caught up in…

Crypto Neobank Wallbit Leaves Venezuela Due to Sanctions

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Wallbit, a crypto-enabled neobank, announced it would stop serving users in Venezuela after its banking partner in the U.S. called on it to do so. The platform announced this move was the direct result of the economic sanctions that the country…

Der CEO von Kraken fordert den Kongress auf, die US-Kryptoindustrie nach einer Einigung mit der SEC über das Stake-Programm zu schützen

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Der CEO der Kryptobörse Kraken, Jesse Powell, hat den Kongress aufgefordert, ein Gesetz zum Schutz der USA zu verabschieden. Kryptoindustrie nach der Securities and Exchange Commission (SEK) ging gegen seine Handelsplattform wegen ihres Krypto-Absteckdienstes vor. Krakens…

Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts

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Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon…

Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong

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Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and traded on the Hong Kong stock exchange. It seeks “to provide economic exposure to the value of bitcoin,” Samsung detailed. Samsung’s…

Elon Musk verspricht, als Twitter-Chef zurückzutreten – Edward Snowden wirft seinen Namen in den Hut als CEO

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Tesla CEO and Twitter chief Elon Musk has promised to step down as head of Twitter. As the billionaire seeks a new CEO to run the social media platform, privacy advocate Edward Snowden threw his name in the hat, das aussagen…

RBI Begins First Retail Digital Rupee Pilot in 13 Indian Cities With 8 Banks

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India’s central bank, die Reservebank von Indien (RBI), is launching its first retail digital rupee pilot on Dec. 1 with the participation of eight banks. The pilot will start in four cities and then expand to cover nine more cities…