A European Central Bank (ECB) official has said the forthcoming central bank digital currency (CBDC) tests at the ECB do not guarantee the eventual launch of a digital euro, in a statement that will dampen rampant speculation around the bank’s proposals. Central banks across countries are actively working on digital currencies to ward off competition for private and decentralized cryptocurrencies.
Over the past year, NFT (non-fungible token) sales have exploded. But what is a non-fungible token and why are people suddenly so into them?
Binance’s troubles with regulators grow as U.S. authorities are now reportedly investigating the exchange for possible insider trading and market manipulation. The investigation involves the Commodity Futures Trading Commission (CFTC). The Justice Department (DOJ) and the Internal Revenue Service (IRS) have also been investigating Binance on a separate issue.
Cardano (ADA) is now on a weekly bounce from the $1.90 level, with a high of $3.16 for the year. Weekly price movement is smack in the midst of this range, but bulls have a few things working in their favour to keep their positions and drive prices back up to $3.16.
Paypal has completed the first international expansion of its cryptocurrency offering outside of the U.S. Paypal Crypto is now available to customers in the U.K. allowing them to buy, hold, and sell four kinds of cryptocurrencies.
Cryptocurrency trader and YouTube influencer Lark Davis says Ethereum (ETH) is poised for a 190% rally en route to hitting a five-figure price.
In a filing sent to the federal court in Maryland, plaintiffs argue that Apple participated or allowed “hacking and breach of financial account information and actual theft of personal financial assets.” According to the filing, Apple did this by “authorizing a malicious application in the App store”, in the name of Toast Plus.