Authorities in two Chinese cities are promoting the digital yuan as a payment method in the public transportation system. Commuters on the subway of Ningbo and those taking the bus in Guangzhou will be able to purchase their tickets using the state-issued digital currency.
Popular cryptocurrency influencer Ben Armstrong, also known as “BitBoy Crypto,” has recently sued fellow YouTuber Erling Mengshoel Jr., also known as Atozy. The community doesn’t believe the former’s assertions that Atozy’s eight-month-old video titled “This Youtuber Scams His Fans… Bitboy Crypto” caused him major pain and harm to his business and reputation, in addition to causing emotional distress.
Cardano ranks first over Bitcoin and others in brand intimacy.
Alexey Pertsev, the developer of sanctioned crypto mixer Tornado Cash, was reportedly linked to Russia’s security agency FSB, the latest report from intelligence firm Kharon states.
The global blockchain technology market reached $5.9 billion in 2021 and is projected to snowball at an annual growth rate of 85.9% until 2030.
RBI Governor Shaktikanta Das has warned that the crypto market may crash and small investors will lose money. He added that the central bank believes that its warnings have deterred many people from investing in cryptocurrencies.