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Hodlnaut trims workforce by 80% as it attempts to resolve financial woes
Embattled digital currency lender Hodlnaut laid off 80% of its workforce amid its current financial plight brought about by the...
HUSD stablecoin recovers—what caused it to depeg?
Huobi explains that the depeg was caused by a decision to close market maker accounts in several regions to comply...
FTX US, several others get cease-and-desist orders over deposit insurance claims
Several digital asset entities were served cease-and-desist letters for falsely claiming that the FDIC insures a number of their crypto-related...
FedNow is a better alternative to a CBDC, Federal Reserve governor says
Governor Michelle Bowman says that FedNow will address the issues that many Fedcoin fans have raised, reiterating her long-held anti-CBDC...
BitConnect co-founder wanted in India, faces mega scam probe anew
Satish Kumbhani, co-founder of BitConnect, plunged into deeper trouble as Indian police put him under investigation over a $2.4 billion...
CBDCs key to maintaining monetary system in digital age: ECB research
Despite disadvantages, consumers are willing to adopt CBDCs in exchange for small rewards, according to an ECB paper, which also...
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