Category Archives: Crypto News

The Israeli Shekel Struggles As Tensions Rise; Central Bank Steps in with a $30 Billion Solution The escalating conflict between Israel and Hamas brought about intense financial upset, resulting in the Israeli Shekel’s value decreasing to its lowest point in the past seven years. As an answer to the falling currency, the Bank of IsraelContinue reading “Central Bank Introduces $30B FX Intervention as Israeli Shekel Plunges to Seven-Year Low Amid Tensions”

Observations on Bitcoin and Ethereum’s Recent Market Performance The world of cryptocurrency has the attention of the globe, as market leaders Bitcoin and Ethereum take center stage. Particularly, Bitcoin’s performance has been under the spotlight, as it steadied following recent dips this Tuesday. Meanwhile, Ethereum has been unable to break the $1,700 mark thus far.Continue reading “Ethereum and Bitcoin Technical Analysis: BTC Stabilizes Under $28,000 Prior to Significant US Economic Updates”

Cryptocurrency and Cybercrime: A Growing Concern Cybercriminals have reportedly exploited cryptocurrencies, decentralized exchanges (Dexs) and blockchain cross-chain infrastructures to clean roughly $7 billion of compromised or high-risk capital, as discovered by a research conducted by Elliptic. A notorious digital crime group, rumoured to be funded by North Korea, named The Lazarus Group, is reportedly involvedContinue reading “Dexs and Crypto Cross-Chain Services: Tools for Cybercriminals to Launder $7 Billion, Reveals Elliptic”

Interconnection Feature Added to China’s Digital Currency With Hong Kong’s Banking Infrastructure With the roll-out of the digital version of yuan, China’s primary legal tender, an unprecedented integration has now been implemented between this new central bank digital currency (CBDC) and the financial systems of Hong Kong. This avant-garde integration, making its debut during theContinue reading “China Unveils Digital Yuan Interface with Hong Kong Payment System at the 19th Asian Games”

A Closer Look at the Impact of Central Bank Digital Currency (CBDC) on Financial Inclusion Unraveling the benefits of a Central Bank Digital Currency (CBDC), a recently conducted study by the Bank of Canada has shed light on how it can foster financial inclusion. The research indicated that even though Canada’s financial framework is inclusive,Continue reading “Inclusion Issues Can Be Overcome by CBDC, Reveals Bank of Canada Study”

The Intricate Connection Between Traditional Fiat Currencies and Global Conflicts Bitcoin, the brainchild of the enigmatic Satoshi Nakamoto, has been perceived by many as a remedy to the numerous shortcomings of traditional fiat money. Despite approximately 800 instances of fiat currencies ceasing to exist mainly due to failure, the real reasons behind the establishment ofContinue reading “Unraveling the Economic Impact of War: Decoding the Global Influence of Fiat Currency”

The Misuse of Liberal Licensing for Crypto Companies in Estonia: A Bleak Retrospect Estonia, known for its relaxed guidelines for crypto establishments wanting to deliver EU-licensed services, was drawn into a whirlpool of fiscal crimes, as per an investigative study by Vsquare, a collaborative platform of media agencies focusing on cross-border investigations in Central Europe.Continue reading “Crypto Firms Licensed in Estonia Accused of Causing Damages Worth €1 Billion”

US Dollar Could Disintegrate, Bitcoin Holders to Gain Advantage, according to Analyst Electronic money enthusiasts, notably Bitcoin investors, may indeed realize a significant upswing amid a potential US dollar collapse, as a high-level analysis from worldwide financial powerhouse Jefferies forecasts. The banking and investment firm suggests non-standard monetary stances in G7 nations’ central banks willContinue reading “US Dollar Collapse on the Horizon: Bitcoin Owners Set to Reap Benefits, Warns Analyst”

Britannia’s Watchdog ‘FCA’ Raises 146 Crypto Warnings Within a Single Day In a surprising move, the United Kingdom’s premier financial watchdog, the Financial Conduct Authority (FCA), declared the initiation of 146 crypto-related alerts all within the first 24 hours of its fresh crypto promotional guidelines. The regulator asserted its expectation that business entities like search engines,Continue reading “UK Regulator Cautions with 146 Crypto Alerts in Just 24 Hours”