Japanese crypto exchange DMM Bitcoin announced on Friday that over $300 million worth of Bitcoin was stolen from its primary wallet, in …
Latest in Global Adoption
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Global Adoption
Israel’s Central Bank Initiates Digital Shekel Payment Challenge
by Terron Goldby Terron GoldThe Bank of Israel is launching the Digital Shequel Challenge as it continues its consideration of a digital currency issued …
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Global Adoption
Panasonic Explores Using DCJPY Digital Currency For NFT Tourist Passes
by Terron Goldby Terron GoldLast week Panasonic announced a project to explore using the DCJPY digital currency for tourist passes. DCJPY is the tokenized deposit initiative backed by Japan’s largest firms, …
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Global Adoption
Ghana Executes Cross Border CBDC Project with Singapore
by Terron Goldby Terron GoldThis week the Bank of Ghana hosted its fintech conference, the 3i Africa Summit, where the Monetary Authority of Singapore (MAS) played a …
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On May 17, the Hong Kong Monetary Authority (HKMA) announced an expansion of its role in the pilots for China’s central …
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Global Adoption
Deutsche Bank Joins Singapore’s Asset Tokenization Project
by Terron Goldby Terron GoldDeutsche Bank, a German multinational investment bank, is collaborating with Singapore’s central bank on asset tokenization. Deutsche Bank has joined the Monetary …
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Global Adoption
North Korea-Linked Group Used Tornado Cash to Launder $147 Million in Crypto
by Terron Goldby Terron GoldNorth Korea laundered nearly $150 million in stolen cryptocurrencies with Tornado Cash in March, Reuters reported, citing United Nations sanctions monitors. North …
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Global Adoption
El Salvador Mined 474 Bitcoin Since 2021 Using Volcanic Geothermal Power, Bringing Total BTC to 5,750
by Terron Goldby Terron GoldEl Salvador has mined 474 bitcoin since 2021 using geothermal power fueled by the Tecapa volcano. The mined coins bring the …
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Global Adoption
Nigeria Poised to Outlaw P2P Crypto Trading Over National Security Concerns
by Terron Goldby Terron GoldNigeria’s National Security Adviser (NSA) is set to label crypto trading as a national security threat, signaling an impending crackdown …
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Global Adoption
Venezuela Turns to Crypto for Oil Sales Amid U.S. Sanctions
by Terron Goldby Terron GoldAccording to Reuters, Venezuela now depends on cryptocurrency for oil sales after the U.S. imposed new sanctions, which concerns many. The …