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Montenegro Central Bank Partners with Ripple to Develop CBDC

Montenegro’s Prime Minister, Dritran Abazonic, has announced that the country’s central bank is partnering with Ripple to develop a central bank digital currency (CBDC). The country’s Prime Minister had reportedly met with Ripple CEO Brad Garlinghouse and Vice President James Wallis while in Davos, Switzerland for the recent World Economic Forum. The country currently has no national currency of […]

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FTX: SBF’s $250M Bond Guarantors Ordered to Be Made Public

FTX’s demise caused massive disruption and a severe impact on the entire market. Justice was partially served after Sam Bankman-Fried was arrested. Yet, he was granted a whopping $250 million bail and is currently under house arrest. While his parents were part of this bond, the other two guarantors remained under wraps. However, that might change soon going forward. According […]

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Minister of trade: Some of Bappebti’s Duties on Crypto Issues Are Transferred to OJK

The task of monitoring crypto assets by the Commodity Trading Supervisory Agency (Bappebti) will later be mostly transferred to the Financial Services Aithority (OJK). This is related to the existence of Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (PPSK Law). “This transfer is an effort by the government […]

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National Australia Bank to Launch Stablecoin on Ethereum Network, Algorand Blockchain

After the collapse of Terra’s UST, people from the space have become skeptical about stablecoins. Nevertheless, the space has seen major developments on this front lately. Market participants, for instance, have been accumulating it as dry powder in anticipation of a bull run. Entities, on the other hand, have been launching their own variants. The Australian Financial […]

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How to Read Crypto Transactions on Etherscan? Explained!

Etherscan is a block explorer and crypto analysis platform. The tool allows users to monitor and examine the crypto assets, balances, and transactions on the Ethereum network. Etherscan makes it simple to engage with smart contracts and check gas prices. The Ethereum foundation does not provide funding for Etherscan, which is an independent organization. The Ethereum blockchain is mostly […]

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2022 Saw $20 Billion in Cryptocurrency Crimes

A new report from American analytics firm Chainalysis has revealed that 2022 saw over $20 billion in cryptocurrency crimes. The data showed the massive increase in illegal cryptocurrency transactions occurring this past year, coinciding with 2022’s increase in crypto-related legal actions taken in 2022. The data continues by noting that the official number of $20.1 billion is a 40% […]

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Shiba Inu is Now Listed by Centralized Crypto Exchange, TeraExchange

In a Twitter post today, it was announced that Shiba Inu is now listed on the centralized crypto exchange, TeraExchange. The post highlighted the platform’s excitement about one of the most popular meme coins now being available for trading on the centralized platform. The announcement specified that SHIB will be available for trading against the Tether (USDT) stablecoin beginning […]

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