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United States Senators Lash Out At Signature’s Executives For Blaming Bank’s Collapse On Crypto After “Reckless” Management As investigations into Silvergate Banks ramp up, discoveries alongside the blame game from different sources come to light. ift.tt/YADHjqP
Study: 40% of Surveyed African Banks See Fintech and Telcos as 'High Threats' – Africa Bitcoin News According to the African Banker magazine, fintechs along with digital-first banks and mobile money have revolutionized the banking industry. ift.tt/1YfxHE0
'In Hindsight the Metaverse Will Be Obvious and Inevitable' Says Affyn CEO Lucaz Lee – Interview Bitcoin News Lee suggested that when this point is reached, entering and exiting the metaverse will be as easy "as ordering dinner from a takeaway app." ift.tt/UlzkNOg
US Expands 'Unprecedented Global Sanctions' on Russia With Over 300 New Targets – Economics Bitcoin News The U.S. has imposed new sanctions on Russia "in coordination with the G7 and other international partners." ift.tt/eahpP6c
Canada And Australia Continue Consultation And Research Into CBDCs According to a May 8, 2023 press release, the Bank of Canada has launched online public consultations to understand the features that ift.tt/MxtVAPK
Ripple's Brad Garlinghouse Blames Confusing U.S. Crypto Rules for Flow of Investment to Europe and Asia Regulations play a critical role in reshaping the global cryptocurrency business, which is undergoing considerable changes. In a recent ift.tt/eZQH8kf
Russia and Iran Phasing Out US Dollar in Bilateral Trade Settlements – Economics Bitcoin News The governments of Russia and Iran are starting to phase out the U.S. dollar for bilateral trade settlements according to PM Alexander Novak. ift.tt/tKUGajV
Hong Kong Launches Digital Currency Pilot With 16 Firms Including HSBC, Bank of China, Alipay – Regulation Bitcoin News Hong Kong has commenced its e-HKD CBDC pilot with 16 firms including HSBC, Bank of China, Standard Chartered, Alipay, Visa, and Master… ift.tt/pn50Cmw
Litecoin Network Surges With Activity as Ordinal Inscriptions Drive Transaction Volume – Altcoins Bitcoin News LTC has seen a substantial influx of Ordinal inscriptions, with Litecoin registering over 2.58 million inscriptions to date. ift.tt/iGAE9g1
Did Satoshi Nakamoto Envision the NFT Era? Early JPEG Sale Suggests So Despite still being fairly new, non-fungible tokens (NFTs) have taken the art and digital collectables market by storm. However, according ift.tt/eVYwQcN
Tradecurve (TCRV) Forecasted to Rise by Over 8000% While APE, DOT Hold Steady Tradecurve is redefining the trading landscape by enabling traders to trade a wide variety of assets, such as cryptocurrencies ift.tt/04Fu1nZ
Pakistan to Ban Online Services Related to Cryptocurrencies – Regulation Bitcoin News Authorities in Pakistan intend to prohibit all internet-based crypto services despite significant investments made by Pakistanis. ift.tt/caRzs2r
146 Top Executives Urge Biden to Prevent US Default — Warns of 'Disastrous Consequences' – Economics Bitcoin News 146 top executives have urged President Joe Biden and congressional leaders to act swiftly to prevent a U.S. default. ift.tt/94QWHTJ
Tether To Invest 15% Of Its Net Monthly Profits in Bitcoin Tether, the firm behind the world’s largest stablecoin USDT, has revealed plans to allocate 15% of its net monthly profits towards ift.tt/Nrpt83s
Young Adult Investors Choose Crypto Over Equity Investment - Norway Survey According to the Norwegian Crypto Adoption Survey 2023, conducted by K33 Research and EY, the number of Norwegian young ift.tt/V7Y6yeT
Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin – Bitcoin News Tether, the stablecoin enterprise and issuer, has revealed its intention to devote 15% of its profits to bitcoin. ift.tt/LlfrGve
Harvard Business Review: Alchemy Pay, Crypto Payment Ecosystem Pioneer – Sponsored Bitcoin News Introduction. When we discuss the future of the digital economy and real life in the next generation of the Internet, we are inevitably talking about Web ift.tt/ZzmyigV
What is Ecoterra? And How is it Similar to Big Eyes Coin? Big Eyes Coin (BIG) is a new cryptocurrency project concluding its presale on June 3rd, followed by the official launch on June 15th ift.tt/sHdnY8B
Groundbreaking Ripple Win In XRP Case Looking Likely As Court Rejects SEC’s Request To Keep Hinman Docs Hidden The ongoing legal tussle between the SEC and San Francisco-based payments firm Ripple has seen another twist as the presiding judge rules ift.tt/ZQ7cvbz
Tax Authority Slated to Become Main Crypto Regulator in Russia – Regulation Bitcoin News Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a government official has indicated. ift.tt/1tLkTE0
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