Bank of Japan: Central Bank-Issued Digital Currencies Are Not an Effective Economic Tool

The deputy governor of Japan’s central bank has said that central bank-issued digital currencies cannot be economic tools, since fiat currency is still popular. The Bank of Japan’s (BOJ) deputy governor Masayoshi Amamiya has recently reiterated his negative stance towards central bank-issued digital currencies (CBDC), the New York Times reports Oct. 20. Speaking on Saturday […]

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Bitfinex: The Rumors of “Insolvency”, Banking Partners’ Escape, and the Suspension of Fiat Deposits

Fiat deposits are available on Bitfinex, but rumors about its insolvency haven’t been fully dispelled. On October 8, Hong-Kong-based exchange Bitfinex has announced that it is not under the immediate threat of insolvency and the related rumors are unsubstantiated, as well as false. According to the company’s press release, all cryptocurrency and fiat withdrawals are […]

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Gibraltar Gov’t Launches Advisory Group to Develop Blockchain-Related Educational Courses

The government and University of Gibraltar have launched an advisory group to address the demand for blockchain-related skills. The Government of Gibraltar in collaboration with the University of Gibraltar have created an advisory group focused on the development of blockchain-related educational courses, national news outlet the Gibraltar Chronicle reported Oct. 19. The New Technologies in […]

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Report: North Korea-Sponsored Hacks Comprise 65 Percent of Total Crypto Stolen

Hacker group “Lazarus,” reportedly funded by North Korea, has stolen a staggering $571 million in cryptocurrencies since early 2017, a recent report reveals. Hacker group “Lazarus,” reportedly funded by North Korea, has stolen a staggering $571 million in cryptocurrencies since early 2017, a study conducted by cybercrime company Group-IB reveals. Key takeaways from the study […]

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