Author: Michael | Page 7108 | Crypto500 News | Cryptocurrencies

Biggest Movers: AXS Falls Lower Following Hacks, While ZIL Climbs by Over 50%

Biggest Movers: AXS Falls Lower Following Hacks, While ZIL Climbs by Over 50%

AXS was trading lower on Wednesday, after it was reported that the Axie Infinity network Ronin suffered a breach, leading to hackers stealing over $620 million from the blockchain-based trading and battling game. This came as ZIL was trading by over 50% higher during...

ECB is open to ‘simplified AML/CFT checks’ for small digital euro payments, official says

ECB is open to ‘simplified AML/CFT checks’ for small digital euro payments, official says

ECB Executive Board Member Fabio Panetta’s remarks come just a day to an EU vote likely to introduce KYC/AML checks for all crypto transactions. The European Central Bank is still considering a central bank digital currency (CBDC) – a digital euro. There...

Eldridge, a16z Lead $620M Financing Round for Fintech Cross River Bank

Eldridge, a16z Lead $620M Financing Round for Fintech Cross River Bank

Coinbase, Stripe, Affirm, and Rock Loans among Cross River’s clients. Source

A Digital Dollar May Help the Poor, but It’s Far From a Done Deal

A Digital Dollar May Help the Poor, but It’s Far From a Done Deal

Financial inclusion is a big driver behind looking into a possible U.S. central bank digital currency, but whether or not it would solve the problem has yet to be determined. Source

Inside the Ukrainian Crypto Startup Waging Cyberwar on Russia

Inside the Ukrainian Crypto Startup Waging Cyberwar on Russia

Hacken helps crypto businesses with cybersecurity. Now, with the war at home, it’s also leading a guerilla offensive against the Russian internet. Source

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