English News

(Crypto News)-07/03/2024BRICS nations are set to create an independent blockchain-based payment system, incorporating digital currencies to enable smoother and cost-effective global transactions.The announcement, made by Kremlin aide Yury Ushakov in an interview with the Russian News Agency TASS, highlighted the coalition’s objective to enhance financial autonomy from the US dollar through cutting-edge digital and blockchain technologies.Blockchain-Based Payment System“We […]

(Coin Telegraph)-28/02/2024Inflows to crypto investment products nearly topped $600 million and reflect traders’ growing interest in Bitcoin and altcoins.Crypto investment products saw inflows totaling $598 million from institutional Bitcoin investment products over the past seven days, according to the latest report by CoinShares. Crypto exchange-traded products (ETPs) have now witnessed their fourth consecutive week of […]

(Coin Telegraph)-28/02/2024The proposed reporting format is part of the international agency’s support for the G20 crypto asset roadmap adopted last year.The outlook for global financial stability remains challenging, Financial Stability Board (FSB) chair Klaas Knot told G20 finance ministers and central bankers in a letter. The FSB has a plan though, which it outlined ahead of a […]

(Coin Telegraph)-28/02/2024The Saudi government’s Cultural Universe metaverse initiative takes a user through the long history of Saudi Arabia dating back to 1727.The Saudi Arabian Ministry of Culture launched a metaverse dedicated to showcasing and preserving the nation’s cultural heritage on the occasion of its founding day.The Saudi government’s Cultural Universe metaverse initiative, which takes a user […]

(Coin Telegraph)-28/02/2024The platform will host major cryptocurrency pairings with the Turkish lira, such as USDT, BTC and ETH, along with “sophisticated crypto functionalities.”The second biggest global cryptocurrency exchange, OKX, has officially launched OKX TR for users in Turkey. The company revealed the launch on Feb. 27. OKX TR features a Turkish lira fiat on-ramp and a deposit option […]

(Coin Telegraph)-28/02/2024The Federal Reserve’s plan for digital dollar issuance in the United States was met with a roadblock after five senators filed legislation demanding a ban on CBDCs.Five United States senators have joined hands to fight the Biden administration’s plans to issue a “digital dollar” by co-signing legislation demanding a ban on central bank digital […]

(Coin Telegraph)-22/02/2024Bitcoin holdings on Coinbase crypto exchange have fallen to their lowest level in nine years as users move a significant chunk of their holdings off the exchange.According to a report from CryptoQuant, whales moved 18,000 Bitcoin worth nearly $1 billion off Coinbase over the weekend, with transfer values ranging from $45 million to $171 million. Coinbase’s public […]

(Coin Telegraph)-22/02/20242024 has everything to be the biggest year in the history of the Ethereum blockchain.In addition to the possible approval of an Ether spot exchange-traded fund (ETF) in the United States, this year will also mark the network’s first bull cycle since the Merge in 2022.This update makes ETH deflationary during periods of high network use.Since the […]

(Coin Telegraph)-22/02/2024The launch of spot Bitcoin exchange-traded funds (ETFs) in the United States is having a knock-on effect in Europe, but investors on the continent remain cautious of investing in the cryptocurrency space. VanEck Europe CEO Martijn Rozemuller spoke exclusively to Cointelegraph about the rising wave of institutional investor interest in spot Bitcoin  ETFs in the U.S., […]

(Crypto News)-22/02/2024Switzerland’s PostFinance has partnered with the crypto bank Sygnum to launch a new retail cryptocurrency for its 2.5 million customers on Wednesday, as digital assets become an “integral part” of the financial world.In an announcement, PostFinance said is the “first systemically important Swiss bank” to launch regulated trading and custody for eleven cryptocurrencies including Bitcoin and […]

(Coin Telegraph)-22/02/2024The European Central Bank (ECB) has been producing plenty of informational material about the digital euro lately, much of it in the form of brochures, FAQs and other accessible formats. As they do so, the bankers’ frustration with overblown fears and the cold reception the innovation has been given are beginning to show.ECB executives, […]

(Coin Telegraph)-07/02/2024Artificial intelligence (AI) and decentralized finance (DeFi) have been marketed as technologies that could change the world, and according to experts, combining the two would likely create unparalleled opportunities in both industries.DeFi is financial services built on blockchain tech that primarily involves peer-to-peer transactions using smart contracts, removing intermediaries such as banks and giving […]

(Coin Telegraph)-07/02/2024Bitcoin spiked past $43,500 into the Feb. 5 Wall Street open as United States markets reacted to Chinese stock turmoil.China’s losses spark talk of recessionData from Cointelegraph Markets Pro and TradingView showed local highs of $43,515 on Bitstamp — a new February BTC price record.Bitcoin had heated up into the week’s first Asia trading session as China’s CSI 1000 […]

(Coin Telegraph)-07/02/2024Vast Bank, an entity claiming to be the first United States banking institution to allow its customers to buy, sell and hold cryptocurrencies “alongside a traditional checking account,” has shuttered its mobile crypto banking app and declared its intent to exit the cryptocurrency industry.In an FAQ posted on the bank’s website, first spotted by American Banker, Vast Bank […]

(Coin Telegraph)-07/02/2024Investors have started to move from gold to Bitcoin after the launch of spot Bitcoin exchange-traded funds (ETFs), according to the CEO of ARK Invest. “Relative to gold, Bitcoin has been rising. There’s now a substitution into Bitcoin and we think that is going to continue now that there is a less friction-filled way to access […]

(Coin Telegraph)-07/02/2024A new service claiming to use artificial intelligence (AI) “neural networks” and “generators” to create fake driver licenses and passports has reportedly succeeded in passing Know Your Customer (KYC) checks on multiple crypto exchanges.The cost? Only $15 a pop.The site, OnlyFake, generates realistic fake driver’s licenses and passports from 26 countries, including the United […]