Canadians wary of adopting digital dollar, Bank of Canada finds
The Bank of Canada’s research revealed mixed views on the digital Canadian dollar and highlighted Canadians’ enduring trust in cash and card payments.
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Here’s how OpenSea NFT hacks hurt owners, buyers and even entire collections
The nonfungible token (NFT) market has been booming since the summer of 2021 and as NFT prices skyrocketed, so too did the number of hacks targeting NFTs. The most recent high-profile hack siphoned approximately 600 Ether (ETH) worth of NFTs from Arthur0x, the founder of DeFiance Capital, which were then sold on OpenSea.A 2022 Crypto Crime…

US DOC agency NIST explores security, safety, trust of stablecoins
The National Institute of Standards and Technology (NIST) found that the top five coins that retained their peg represented 87 % of the total top 20 market capitalization. 387 Total views 6 Total shares

High priced $80K Bitcoin options signal pro traders expect more upside
Bitcoin's recent price action and the increasing pace of institutional adoption suggest that traders betting on the June $80,000 Bitcoin call option will be handsomely rewarded. 2760 Total views 10 Total shares Betting on an $80,000 Bitcoin call options for June doesn't seem outrageous given BTC's bullish performance over the past few weeks. This was…

Apple co-founder Steve Wozniak loses Bitcoin scam case against YouTube
After filing a Bitcoin scam-related lawsuit against YouTube last year, Steve Wozniak now has 30 days to revise his complaint. A recent court ruling said that video hosting giant YouTube is not responsible for cryptocurrency-related scams posted on its platform.Apple co-founder Steve Wozniak failed to support his lawsuit against YouTube over an advert using his…

Meta dissolves responsible AI division amid restructuring
The restructuring comes as the parent company of Facebook nears the end of its “year of efficiency.” 281 Total views 1 Total shares Social media giant Meta has reportedly disbanded its division responsible for regulating its artificial intelligence (AI) ventures as they are developed and deployed.According to a report, many team members of Meta’s responsible

Double-digit crypto gains and trading volume — what’s the connection?
While the crypto markets are clearly led by the swings of Bitcoin and Ethereum, outliers are frequent — and identifying them is often what separates the average traders from the great ones.Compared to the gains-fest of the first few months of 2021, June has been a rather bleak time for crypto investors. Digital asset prices…

Critics can’t stop NFTs from becoming a mainstay of daily life
Nonfungible tokens are about more than Bored Apes. They fulfill a host of functions better than existing systems. 16 Total views 1 Total shares

Tether discontinues support for euro-pegged stablecoin EUR₮
Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin.