Philippines to launch CBDC within 2 years to counter rising crypto use

The Philippines central bank, or Bangko Sentral ng Pilipinas, is preparing to launch a Central Bank Digital Currency (CBDC) in the next two years to counter the rising use of crypto in... Read more »

Why Grayscale says this one’s different

The countdown to Bitcoin’s highly anticipated halving event is on, with fewer than 10,000 blocks left as of Feb. 12. According to the Bitcoin Halving Clock, approximately 9,843 blocks remain before the... Read more »

Should security be immutable?

Blockchains were created with immutability as one of its fundamental principles and to many the thought of introducing limited mutability contradicts the very foundations on which blockchains were first created. While the... Read more »

California’s 8.2 million crypto owners poised to influence 2024 elections – Coinbase

A recent study conducted by Toluna for Coinbase reveals that crypto users in California are poised to significantly influence the state’s political direction in the 2024 elections. With an estimated 27% of... Read more »

Hong Kong authorities issue public alert about fraudulent crypto exchange masquerading as MEXC Global

Hong Kong’s Securities and Futures Commission (SFC) and local law enforcement have jointly issued a public warning against an entity masquerading as crypto exchange MEXC Global. The scammers are reportedly pretending to... Read more »

Solana outage was caused by infinite loop bug previously seen on devnet

Solana Labs said that the recent outage that halted blockchain transactions for five hours on Feb. 6 was caused by a bug developers caught a week earlier. Solana Labs published a detailed... Read more »

NYAG raises DCG, Genesis lawsuit to $3B amid conflicting settlement reports

The New York Attorney General’s Office (NYAG) raised its fraud claims against Digital Currency Group (DCG) and related parties on Feb. 9. The NYAG’s lawsuit originally alleged over $1 billion in losses;... Read more »

Janet Yellen continues to call for legislation to beef up crypto, AI regulation

Treasury Secretary Janet Yellen called on Congress to enact stricter regulatory measures for cryptocurrencies and to maintain vigilance on deploying artificial intelligence (AI) in financial services during her latest testimony before the... Read more »

Bakkt says it is ‘confident’ about continuing operations after disclosing liquidity issues in SEC filing

Bakkt Holdings said in a press release on Feb. 8 that it is “confident” it will continue operating despite expressing concerns earlier over its liquidity in a regulatory filing. Bakkt wrote that... Read more »

Montenegro appellate court blocks Do Kwon’s extradition

In a significant legal turnaround, the Appellate Court of Montenegro issued a decision on Feb. 7, 2024, overturning the previous ruling of the High Court in Podgorica concerning the extradition of Terraform... Read more »