Category: Crypto

Brazil’s Central Bank has selected 13 themes for the second phase of its Central Bank Digital Currency (CBDC) pilot, Drex, focusing on testing financial services through smart contracts managed by third parties.
The post Brazil’s Central Bank Selects Visa, Santander for CBDC Pilot Phase 2 appeared first on Cryptonews. …

In his first public comments since his arrest, Telegram CEO Pavel Durov admitted the platform’s rapid growth to 950m users caused “growing pains” that facilitated criminal misuse.
The post Telegram CEO Addresses Platform Abuse In First Comments Since Arrest appeared first on Cryptonews. …

Former BitMEX CEO Arthur Hayes predicted Bitcoin will fall below $50,000 this weekend, revealing he has taken a short position to profit from the decline.
The post Arthur Hayes Sees Bitcoin Drop Below $50K Over Weekend, Places Short Bet appeared first on Cryptonews. …

Trump pledged that his administration would eliminate at least 10 old regulations for every one new regulation.
The post Trump Reiterates Promise to Make US the Global ‘Crypto Capital’ if Re-Elected appeared first on Cryptonews. …

Telegram has updated its policy to allow users to flag illegal content in private chats for moderator review.
The post Telegram Updates Policy to Allow Flagging of ‘Illegal Content’ in Private Chats for Moderator Review appeared first on Cryptonews. …

Crypto analysts predict a potential Bitcoin breakout to $120K, cautioning that selling now could lead to missing out on significant gains.
The post Bitcoin Price Forecast: Analyst Predicts $120K Breakout – Why Selling Now Could Be Risky appeared first on Cryptonews. …

The Trump family is launching World Liberty Financial (WLF) to strengthen the US dollar’s role in crypto, but experts warn of significant challenges that could hinder its success.
The post Trump Family’s Crypto Venture May Struggle Due to Critical Challenges, Experts Warn appeared first on Cryptonews. …

Bitcoin price drops to $56K as U.S.-listed Bitcoin ETFs witness $287 million in outflows, signaling reduced investor confidence and growing selling pressure.
The post Bitcoin Price Falls to $56K as ETFs See $287M Outflows Amid Rising Market Selling Pressure appeared first on Cryptonews. …

The number of companies advocating for crypto has increased dramatically as they try to design laws that will affect digital assets in the future.  
The post Crypto Lobbying Increases 1400% Since 2017: Data Shows appeared first on Cryptonews. …

Riot Platforms, Inc. has surpassed 10,000 Bitcoin in holdings as of August 2024, marking a significant milestone despite operational challenges from high temperatures and maintenance issues, while the company continues to expand its mining infrastructure.
The post Riot Surpasses 10,000 Bitcoin Held: August Production Update appeared first on Cryptonews. …