Britcoin launch inches closer as Rosalind CBDC tests prove successful
Brits are set to receive Britcoin, a Central Bank Controlled Digital Currency (CBDC), as the Bank of England gets wowed by the potential of digital currencies. Following a successful trial study called Project Rosalind, BoE is more confident than ever in the functionality of Britcoin.
Do Kwon denies forging legal documents, blames Chinese agency
Do Kwon, the former CEO of the collapsed crypto empire Terra Ecosystem has told a court in Montenegro that he is innocent of using forged documents. Kwon expressed that he was unaware of his travel documents being fake.
Binance woes increase as it is forced to exit Dutch market
Binance has assured investors and regulators worldwide that it’s working hard to comply with new regulations like MiCA after being forced to leave the Dutch market. It says that it’s working hard to ensure that its business is fully MiCA compliant
BlackRock Bitcoin ETF attracts controversy
A BlackRock Bitcoin ETF has sparked controversy among the crypto community as they determine if the $10T asset manager is their savior or doom. BlackRock is known to own large amounts of shares in most public companies.
US government agencies hit by a global cyberattack
The US government is investigating the impacts of a massive countrywide cyber attack that has targeted several of its official agencies. The US Cybersecurity and Infrastructure Security Agency says it is supporting several federal agencies that have experienced intrusions affecting their MOVEit applications.
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Hot Stories
U.S. Senate passes debt ceiling bill; Markets and community reacts
The U.S. Senate has passed the debt ceiling bill preventing the U.S. from defaulting on its debt which would have been the first event of its kind.
Rocket Pool deploys on zkSync Era
Rocket Pool announces that it’s deploying on zkSync Era. Users to stake ETH on zkSync Era by holding rETH in their wallets.
U.K. economy check: Eurozone inflation falls, easing cost of living; Brexit remains a historic economic error
Eurozone inflation has fallen faster than anticipated a month ago, easing living costs.
U.K. house prices are falling at the fastest annual rates since 2009
Former U.S. Treasury Secretary Larry Summers says Brexit was a “historic economic error” that has hurt the U.K. economy, driving up inflation.
Elon Musk becomes the richest person in the world again
Tesla CEO Elon Musk has regained his status as the world’s richest man once again as he overtakes Bernard Arnault. Elon Musk is touring China for the first time in three years on May 31, 2023, meeting China’s foreign minister Qin Gang.
Debt ceiling bill passes in the House; Senate to have the last laugh
The House passed a debt ceiling bill on Wednesday night, days before the U.S. Treasury runs out of money to pay its bills.
Treasury Yields fall as investors anticipate debt ceiling vote
U.S. Treasury Yields have fallen as investors wait for a crucial debt ceiling vote to be held in the House of Representatives later in the day.