The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypto regulations to “better mitigate the risks posed by crypto assets...
Bitcoin sees minor sell-off in response to worse-than-expected PPI data
The Bureau of Labor Statistics has released Producer Price Index (PPI) data for November showing a month-over-month increase of 0.3%. Expectations were for a 0.2% increase, giving a worse-than-expected result and further signs inflation is not under control. PPI shows...
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IMF Board Offers Guidance for Developing Effective Crypto Policies
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Bitcoin market cap ‘flips’ payments giant Visa for the 3rd time
A 48% Bitcoin (BTC) price surge since the start of the year has pushed BTC's market cap past that of payment processing giant Visa once again. With the BTC price currently at ,365, its market cap of 0.16 billion is now marginally above that of Visa with a market cap...
Ethereum found massive bug, Shanghai upgrade may be delayed – Report
Ethereum core developer Tim Beiko noted that the indicated Shapella bug should not impact the timeline for the Sepolia upgrade scheduled for February 28. With the Shapella test run results out, Beiko noted that some parameters are not pleasing, and the developers are...
Report: Former FTX Director of Engineering Nishad Singh Negotiating Plea Deal with Prosecutors
Another member of Sam Bankman-Fried’s inner circle allegedly plans to plead guilty to criminal charges for his role in the alleged fraud that occurred at the cryptocurrency exchange FTX. According to unnamed sources familiar with the matter, Nishad Singh, FTX’s former...
