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    Chinese Gang Arrested for Exploiting Digital Yuan

    Chinese Gang Arrested for Exploiting Digital Yuan

    In Zhejiang province, China, a criminal gang exploited digital yuan accounts to illegally cash out over 200,000 yuan ($27,566) within four days. The digital yuan, or e-CNY, is the People’s Bank of China’s (PBOC) central bank digital currency (CBDC), which has...
    Memeinator in focus as most meme coins beat Bitcoin in 2024

    Memeinator in focus as most meme coins beat Bitcoin in 2024

    Bitcoin and Ethereum have jumped by over 50% this year. Meme coins like Floki, Pepe, and Book of Meme have done much better. Memeinator is one of the fastest-growing names in the industry. Many meme coins are doing better than big cryptocurrencies like Bitcoin,...
    BIS Survey: 94% of Central Banks Exploring Digital Currency

    BIS Survey: 94% of Central Banks Exploring Digital Currency

    The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs). There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are...
    Nigeria Drops Tax Evasion Charges Against Binance Executives

    Nigeria Drops Tax Evasion Charges Against Binance Executives

    Nigerian authorities dropped tax evasion charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, after the cryptocurrency exchange appointed a local representative to represent it in ongoing court cases. Following the decision, Binance stated...
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