Citi Releases Report Saying CBDCs and Tokenization Will Drive Widespread Crypto Adoption
In a new report, Citi has stated that CBDCs and tokenization will be the driving force behind widespread crypto adoption. Moreover, Citi analysts noted the digital asset industry is nearing…
OpenAI Faces Complaint to FTC That Calls for Suspension and Investigation of ChatGPT Tech
The research firm behind the viral chatbot has come under scrutiny. Specifically, OpenAI is facing a complaint to the Federal Trade Commission (FTC) that is seeking the suspension and investigation…
Denmark Supreme Court rules that Bitcoin gains are taxable
Denmark’s Supreme Court has ruled that gains made from Bitcoin (BTC) sales are taxable. The apex court arrived at this ruling in two cases presented before it, giving judgment on…
Op-ed: Why Sam Bankman-Fried did us all a favor
The Wild West of crypto has had no shortage of scandals in its short history, but the recent collapse of FTX ranks highly among the worst to have afflicted the…
Terra’s LUNA Has Dropped 99.7% in Under a Week. That’s Good for UST
The price of LUNA tokens slid 96% in the past 24 hours alone, prompting more to be minted in a mechanism that helped lift the value of UST.
Shiba Inu Becomes Second-Most Held Cryptocurrency by Top-100 Ethereum Wallets
Shiba Inu (SHIB) has surpassed FTX Token (FTT) as the second-most held cryptocurrency after Ethereum (ETH) by the top-100 Ethereum wallet addresses. SHIB is the native asset of the Shiba…
Crypto Banking Platform BVNK Raises $40M to Drive Regulatory Push
BVNK, a banking and payments platform targeting businesses seeking crypto integration, has raised $40 million in Series A funding.