Tuesday, March 18, 2025

Shenzhen Special Economic Zone to Include Digital Currency Research

On Aug. 18, the Central Committee of the Communist Party of China outlined the plans for the future development of the Shenzhen Special Economic Zone, including the research and promotion of digital funds and the national cryptocurrency based on the renminbi.According to Chinese news agency STCN:“Mutual recognition of fund

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Bakkt’s Long-Awaited Bitcoin Futures Get a September Launch Date

Bakkt, a subsidiary of Intercontinental Exchange (ICE), announced this Friday that a launch date for its long-awaited Bitcoin futures has finally been decided: September 23.Bakkt also revealed that it has acquired a New York state trust charter through the New York State Department of Financial Services (NYDFS). The approval is

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Coinbase Custody acquired crypto wallet provider Xapo

Coinbase Custody, the U.S.-based crypto exchange Coinbase’s crypto custody service for institutional investors, acquired crypto wallet provider Xapo’s institutional custody business. The transaction value was not disclosed by Coinbase. But Fortune, quoting a person familiar with the matter, said Coinbase paid $55 million, higher than what Fidelity had proposed. The acquisition has grown

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Monetization Platform Coil Receives 1 Billion XRP Grant from Ripple Xpring

Coil, a platform that enables publishers to monetize their content, has recently announced that the company has received a grant of 1 billion Ripple (XRP)trade digital coins from Ripple’s project Xpring. This grant’s initial aim is to increase the use cases of XRP as micropayments on Coil’s platform; in addition,

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Allegation: Plus Token Crypto Ponzi Scam Stole $3.2 Billion in Bitcoin & Ethereum

A little-known Chinese cryptocurrency Ponzi scheme might be cashing out billions of dollars, which was looted through a scam called “Plus Token” from people from China, Japan and South Korea.Another crypto scam has recently come into the limelight when the venture capitalist Dovey Wan tweeted about Plus Token, a failed

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US Court Finds Craig Wright Untrustworthy; Kleiman’s Case to Continue

Self-proclaimed Bitcoin inventor, Craig Wright, just hit the rock with his recent case with David Kleiman’s estate. The ongoing drama between Wright and his late business partner, David Kleiman, seems to have taken another turn after the presiding judge found Wright’s testimonies wanting.The case, which was filed about a year

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