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[ad_1] The introduction of a central bank digital currency (CBDC) may increase the stability of a banking system, according to a paper released Tuesday by the United States Treasury Office of Financial Research.  This finding counters concerns that a CBDC may encourage runs on weaker banks. According to the July 12 paper, researchers often claim […]

[ad_1] Key Takeaways An emergency hearing was held today concerning Three Arrows Capital (3AC) and its recent bankruptcy filing. Judge Glenn Martin froze the firm’s funds; he also gave liquidators the ability to claim assets and issue subpoenas. Three Arrows Capital’s co-founders are not cooperating with proceedings, and their location is unknown. Share this article

[ad_1] KuCoin, a major  cryptocurrency exchange  Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchange’s core function is to permit and encourage the buying and selling of cryptos.This is accomplished by producing a stable

[ad_1] The non-fungible token and blockchain gaming company Animoca Brands has announced the firm has raised $75 million from investors such as Kingsway Capital, Liberty City Ventures, and others. The capital injection of $75 million brings Animoca’s overall pre-money valuation to $5.9 billion. Animoca Brands Secures $75 Million to Bolster Digital Property Rights The Hong

[ad_1] CoinLoin, an EU-licensed crypto lending platform, announced it has integrated security protocols from Elliptic, a blockchain analytics provider. This integration benefits all CoinLoan users as it protects them from a spectrum of cyber threats. Currently, 66% of the crypto volume runs through exchanges using Elliptic. It covers over 98% of global trading volume, providing

[ad_1] Regarding cryptocurrency cybercrimes and attacks, North Korea is a notable region with increased activities. Many groups are posing high threats through their attack on some crypto protocols. Also, a report in June disclosed that North Korea has 7 million active hackers. Many stolen funds running into millions of dollars have been traced back to

[ad_1] Many crypto miners have shut down operations due to a heatwave in Texas. With temperatures well above 100 degrees Fahrenheit already in most areas, the Electric Reliability Commission of Texas (ERCOT) on Sunday urged  Texas residents and businesses to save electricity. Crypto miners have stopped mining operations, fearing that the state’s electrical energy may

[ad_1] Pocket Network, a Web3 app blockchain data ecosystem, has launched an initiative to sustain blockchain community growth called TriForce.  It gives communities an incentive to fortify ties and be a part of Pocket Network’s growth trajectory, Coin Journal learned from a press release.  The initiative will enable community members to sustain and grow blockchain

[ad_1] Amid economic and political turmoil, the Central Bank of Sri Lanka, or CBSL, has warned the public against crypto purchases due to the lack of regulatory oversight. In a Tuesday notice, the CBSL said it has not authorized or licensed any company in Sri Lanka to offer crypto-related services, including exchanges, initial coin offerings

[ad_1] Key Takeaways The governor of the Bank of France announced today that the country’s national bank could introduce a CBDC by 2023. The proposed asset is a wholesale CBDC for use by central banks and financial institutions, not the general public. France’s proposed CBDC would incorporate a permissioned DLT and automated market maker (AMM)