PRESS RELEASE. In the competitive cryptocurrency market, innovation has emerged as a critical driver for the evolution of exchange ecosystems. Leading exchange HTX, through its decentralized governance framework, HTX DAO, has introduced groundbreaking proposals: the launch of a “Multiple Farming” model and the pivot from liquidity pledge to burning. These initiatives seek to enhance user […]
Bitcoin Rises as China Stimulus and Multiple Bullish News Fuel Crypto Gains
China’s unclear fiscal stimulus measures have fueled a surge in bitcoin, pushing the cryptocurrency to a two-week high and sparking speculation that investors may shift to cryptocurrencies over Chinese equities. The uncertainty surrounding the scale of China’s economic efforts has prompted capital rotation into alternative assets like BTC. Adding to the momentum, rising odds for […]
CFTC Warns of Follow-on Frauds Targeting Victims Multiple Times
The Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same criminals. Common fraud types include relationship crypto frauds, also known as “pig butchering,” where scammers form online relationships, encourage investments in bogus crypto trading schemes, and then steal funds. Victims often face additional scams, such as fraud-recovery […]
Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments
The recently completed proof of concept by the Bank of Ghana and the Monetary Authority of Singapore demonstrated that the latter’s central bank digital currency enables cross-border payments, excluding many intermediaries and associated costs. Giesecke+Devrient (G+D) stated that the proof of concept (POC) demonstrated the effectiveness of utilizing digital credentials for international trade and cross-border […]
Canada Crypto Week Set For Aug 11-17, 2024: Anchor Event Blockchain Futurist Conference Hosts Multiple Sub-Events Onsite
Toronto, July 22, 2024 – Canada Crypto Week, a week-long series of Web3 and AI events, is set to take place from August 11-17, 2024 in Toronto, Canada. Blockchain Futurist Conference serves as the anchor event for Canada Crypto Week, providing a central hub for the majority of the week’s activities. Many of the 20+ […]