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China Pushes Digital Yuan for Wage Payments in Changshu

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Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the…

US-Gericht verurteilt russischen Krypto-Lösegeldwäscher zu Bewährung und Geldstrafe

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A Russian crypto entrepreneur, charged with laundering money from ransomware attacks, has been sentenced to probation and fined in the U.S. after pleading guilty. Founder of two coin trading platforms, Denis Dubnikov, was arrested in the Netherlands and extradited to the…

Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain

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According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected for the tests, will allow the…

Crypto Groups on Russian Social Media Hit by Bots Discrediting Bitcoin

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Social media groups devoted to cryptocurrencies in Russia have been attacked by bots in what looks like a campaign against bitcoin and the like. Their comments on Russia’s largest social media platform are triggered by certain keywords like crypto and blockchain,…

Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This Year

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Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digital currency as…

Georgia bereitet den Start des Digital-Lari-Pilotprojekts im ersten Halbjahr vor 2023

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Die Zentralbank Georgiens beabsichtigt, in den kommenden Monaten ein Dokument zu veröffentlichen, in dem das Konzept einer nationalen digitalen Währung detailliert beschrieben wird. Andere teilnehmende Parteien werden es nutzen, um ihre Vorschläge für das von der Währungsbehörde geplante Pilotprojekt fertigzustellen…

Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices

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After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that the company held 133,263 bitcoin on…

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

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The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. jedoch, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue….

CoinEx: To Embrace a New Crypto Future by Making Crypto Trading Easier in the Next Five Years

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PRESSEMITTEILUNG. In December 2022, CoinEx will celebrate its fifth birthday. Since its inception, the crypto exchange has gone through bulls and bears and attracted over four million users across more than 200 countries and regions worldwide. For both CoinEx and…

Don’t Forget the Importance of Censorship Resistance

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Since people are once again talking about self-custody as one of crypto’s unique strengths, I would like to remind everyone about an equally important fundamental value proposition of crypto that, in the early days, was touted as the killer feature. ich’m…