Central Bank of Brazil Dismisses Strategic Bitcoin Reserve Implementation
During the first congressional public hearing on a Strategic Bitcoin Reserve proposal in Brazil, Luís Guilherme Siciliano, head of the International Reserves Department at the central bank, said that adopting the bill would increase risks to the nation’s reserve portfolio. Central Bank of Brazil Argues Holding Bitcoin Would Increase Foreign Reserve Risks The Central Bank […] Powered by...
AI Expert: Truth Protocols Could Become the SSL of the Information Age
AI-generated content, including deepfakes and fake audio, blurred the lines between reality and fabrication, leading to widespread confusion and manipulation. Experts like Yannick Myson advocate embedding verification at the content creation stage and implementing decentralized verification systems to ensure authenticity. Disinformation and Its Dangers The year 2024 served as a stark warning about the dangers […] Powered by...
AUSTRAC Orders Binance Australia to Appoint Auditor Over AML Failings
An Australian financial intelligence agency has ordered Binance Australia to appoint an external auditor within 28 days due to “serious concerns” over the crypto exchange’s anti-money laundering and counter-terrorism financing (AML/CTF) controls. A Warning to Global Exchanges Australia’s financial intelligence and anti-money laundering agency, AUSTRAC, has ordered Binance Australia to appoint an external auditor after […] Powered by...
What Is a Crypto Sniper? Inside the High-Speed Traders Dominating Meme Coin Launches
In the high-stakes world of cryptocurrency launches, “snipers” use automated bots to buy new tokens within milliseconds of their debut, aiming to secure massive profits before most investors even know a token exists. Inside a Crypto Sniper’s Playbook In the frenetic arena of cryptocurrency, a new type of player operates at speeds imperceptible to the […] Powered by...
Dune: Stablecoins Constitute the Backbone of Latam’s Decentralized Economy
In its latest Latam report, Dune found that stablecoins have taken root in the region, growing to become one of the financial backbones of the crypto economy. Latam has an appetite for stablecoins, be it in implementation by companies and institutions or in adoption by users. Dune Report Shows Stablecoins Reign Supreme in Latam Stablecoins […] Powered by...
Federal Judge Unfreezes $58M in Libra-Linked Funds
Federal Judge Jennifer Rochon lifted a temporary restraining order on nearly $58 million in USDC that were linked to the proceedings of the sale of Libra, a token made prominent by Argentina’s President Javier Milei promoting it on social media. Libra Funds Unlocked: Federal Judge Opens $58M for Transacting The class-action lawsuit by affected entities […] Powered by...