Crypto

None Trading, a trading tool catering to cryptocurrencies and non-fungible tokens on Discord will close its doors to customers.The company attributed this decision to a security exploit in an official statement posted on X (formerly Twitter) on September 20. None Trading revealed that this security breach resulted in a substantial loss…

Hong Kong lawmaker Duncan Chiu has announced the launch of the second round of consultations aimed at formulating stablecoin issuance guidelines.Speaking on Tuesday, Chiu said he hopes for the city to release regulatory guidelines for stablecoin issuers by mid-2024, as reported by local media.Stablecoins are cryptocurrencies value-pegged to relatively value…

The U.S. House Financial Services Committee is currently a battleground for discussions concerning the possible launch of a Central Bank Digital Currency (CBDC) by the Federal Reserve. Today, Maxine Waters, a Democratic representative from California, sharply criticized a bill reintroduced by Republican Rep. Tom Emmer of Minnesota. The bill is looking…

As expected, the Federal Reserve (Fed) left benchmark interest rates in the US unchanged at 5.25-5.5% on Wednesday.Bitcoin (BTC) fell just over 1% and was last trading just under $27,000, though still remains fairly close to monthly highs.Despite the pause, Fed Chairman Jerome Powell said in his post-policy announcement remarks…

Cryptocurrency exchange CoinEx, that fell victim to a hack last week, is set to start its deposit and withdrawal services for major cryptocurrencies including Bitcoin (BTC), Ether (ETH), Tether (USDT) and USD Coin (USDC), from September 21.Per an official update on Wednesday, CoinEx said that it is working to complete…

2023 is witnessing the confluence of blockchain and artificial intelligence (AI), two transformative technologies reshaping multiple sectors. Blockchain technology provides a secure and transparent way to store data. On the other hand, AI mimics the problem-solving abilities of the human brain. When used in tandem, blockchain enhances the reliability of the data…

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