Central Bank of Brazil: CBDC Privacy Problem Still Unresolved

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In a report detailing the outcome of the first phase of drex, the national CBDC pilot, the Central Bank of Brazil acknowledged that none of the anonymity and privacy solutions tested met the project’s needs. Central Bank of Brazil Still in Search of Privacy Solution for CBDC The pilot of the Brazilian central bank digital […]

XRP Whales Eye XRPTurbo Token Launch As Analysts Predict $XRT As The Next Virtuals Of The Ripple Ecosystem

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This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. PRESS RELEASE. Ripple’s native token XRP is at a crucial crossroad as XRP whales are scanning the market for new opportunities to amplify returns. One project capturing these whales’ attention is XRPTurbo, an AI […]

‘Anti-American’ Stablecoin Regulation Push Sparks Outrage Among Crypto Industry Leaders

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A U.S.-based venture capitalist has spoken out against proposals that would restrict international stablecoin issuers from accessing the U.S. treasury market. Stablecoin Regulatory Battle Emerges in Washington Vance Spencer, co-founder of Framework Ventures, has criticized attempts to “shut off access to the treasury market for centralized international stablecoin issuers.” According to Spencer, blocking these issuers […]

MEXC Backs Ethena’s USDe With $20 Million Investment, Launches $1 Million Rewards

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MEXC has invested $20 million in USDe, Ethena’s synthetic dollar, to drive stablecoin adoption and expand DeFi innovation. The exchange also launched a $1 million rewards campaign to incentivize participation in the growing stablecoin market. $20 Million Investment in USDe to Boost Stablecoin Adoption MEXC, a global crypto exchange has announced a $20 million investment […]

US Charges Gotbit Founder Aleksei Andriunin With Wire Fraud and Market Manipulation

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A Russian founder of cryptocurrency exchange Gotbit has been extradited to the U.S. to face charges of wire fraud and conspiracy to commit market manipulation. Code for Wash Trading Crypto Transactions Aleksei Andriunin, 26, founder of cryptocurrency exchange Gotbit, has been extradited to the United States to face charges of manipulating cryptocurrency markets on behalf […]

FBI Arrests Three in Pig Butchering Crypto Scam Tied to $13M Fraud Scheme

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Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic Location Trading and Stone Water Trading—to operate unregistered money service businesses that funneled funds […]