A Chinese commercial bank has launched new digital yuan-powered recycling rewards programs, with citizens receiving CBDC tokens in exchange for recycling their waste.Per Danzong, via Xinhua, the Qingdao Branch of the Bank of Communications has launched a CBDC-powered rewards solution.The bank debuted its solution in conjunction with the city’s household…

Creditors of crypto lender Genesis and its parent company the Digital Currency Group (DCG) have opposed a proposed settlement deal leveling accusations of voter manipulation.According to a filing on Aug. 31, creditors including digital asset exchange Gemini have criticized the proposal as an attempt to “manipulate” the bankruptcy procedure to…

FTX debtors have disclosed a series of financial statements that show top executives used company funds to their own advantage shortly before the cryptocurrency exchange collapsed.In a recent court filing with the United States Bankruptcy Court for the District of Delaware, FTX debtors shed light on payments and property transfers directly benefiting senior…

Ethereum (ETH) co-founder Vitalik Buterin has offloaded his entire remaining stake in MakerDAO tokens after the project’s co-founder praised the Solana blockchain. According to blockchain data, the Ethereum mastermind has sold 500 MKR tokens on CoW Protocol, receiving 353 ETH (worth approximately $580,000) in return. The move was ostensibly in response to a blog post by MakerDAO co-founder and…

Amidst the dynamic cryptocurrency landscape, Litecoin (LTC) is garnering attention, not only for its appreciable price movement but also for its soaring trading volume, placing it among the top 10 most traded coins. Currently trading at $64.34, Litecoin has witnessed a positive shift of nearly 1.50% within the past 24 hours. A…

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.The presale for Scorpion Casino recently sailed past the $900,000 level as investors rush to get positioned in the revenue-based passive income potential.$SCORP has created an ecosystem that provides a passive income through revenue generated on the…

In the ever-evolving cryptocurrency landscape, Bitcoin price appears to be showcasing a resilient stance as bulls firmly clutch the $25,800 mark. As of today, Bitcoin is trading at a commendable $25,904.23, reflecting a modest uptick of nearly 0.50% over the past 24 hours.Backed by an impressive trading volume of $8.4 billion,…

Rollbit Coin (RLB) has been on an epic run since July, surging over 800% in a little over a month to post an all-time high of $0.2131 on August 2.However, after this parabolic ascent, gravity has taken hold as RLB has cooled off and entered a period of consolidation.For the…

Florida Governor Ron DeSantis, who had been planning to announce the acceptance of crypto contributions for his 2024 presidential campaign, was forced to delay the initiative due to the approach of Hurricane Idalia.The hurricane made landfall in Florida on August 30, prompting DeSantis to focus on emergency preparations and responses…

IOTA’s price landscape is becoming increasingly intriguing. As of today, IOTA stands at $0.162407, marking a modest increase of 0.63% within the past 24 hours. With a significant trading volume of $14,380,606, speculations about potential whale investments are rife.CoinMarketCap ranks IOTA at #71, and with a consistent circulating and maximum supply…