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Article by Steve Kaaru

70% of Jamaicans will be using CBDC within five years, prime minister says
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21 January, 2022

70% of Jamaicans will be using CBDC within five years, prime minister says

Prime Minister Andrew Holness believes that the CBDC, expected to debut in Q1 2022, will reduce banking costs and boost...
8 arrested in China over $8M DeFi rug pull
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21 January, 2022

8 arrested in China over $8M DeFi rug pull

Police from Chizhou arrested the eight people from different provinces in China, seizing about $950,000 in digital assets, cars, villas,...
Bitfinex to leave Ontario as regulatory pressure piles up
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20 January, 2022

Bitfinex to leave Ontario as regulatory pressure piles up

Bitfinex didn’t reveal the reason for the sudden departure, but it advised Ontario users to withdraw their assets by March...
North Korean hackers stole $400M from digital currency platforms: Chainalysis
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20 January, 2022

North Korean hackers stole $400M from digital currency platforms: Chainalysis

The hackers launched at least seven attacks targeting exchanges and investment firms and laundered the money through an intricate web...
Swiss central bank completes pilot for CBDC settlement with commercial banks
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20 January, 2022

Swiss central bank completes pilot for CBDC settlement with commercial banks

The Swiss bank partnered with the BIS, SIX stock exchange and five commercial banks, including UBS, Citi, and Credit Suisse,...
Hong Kong’s Amber Group to reportedly acquire DeCurret exchange in Japan
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20 January, 2022

Hong Kong’s Amber Group to reportedly acquire DeCurret exchange in Japan

Nikkei reports that DeCurret has been unable to compete with major players like bitFlyer and that the holding company will...

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