'Privacy-minded' CBDCs are a wolf in sheep’s clothing

Dubai International Financial Centre (DIFC) and Mashreq bank announced the launch of their new blockchain data-sharing platform on March 1st.This platform will allow licensed businesses and corporations to open digital bank accounts instantly by verifying their identities via an internal blockchain.Mashreq accomplishes this by removing the existing paper-based KYC procedure and replacing it with a…

Huobi exchange will expand its operations to Turkey, planning to have a crypto-to-fiat onramp for Turkish users by the end of 2019, according to a press release on June 26.The Singapore-based crypto exchange will be “moving aggressively” to the Turkish market over the next 12 months, since the country has a “very important and promising…

Over the last 48 hours, Bitcoin (BTC) price climbed from $31,000 to $34,800 before reversing course and dropping the majority of these gains. While this $3,800 shift to the downside might not seem significant, the 12% oscillation liquidated $660 million worth of futures contracts.While it’s unlikely that there will ever be a definitive answer behind…

SushiSwap, an upcoming DeFi protocol forked from Uniswap's decentralized exchange, has grabbed numerous headlines in recent days. One such story pointed out that the project's pseudonymous head, known only as Chef Nomi, maintains access to $27 million in Sushi tokens.Cointelegraph reached out to SushiSwap’s founder for further clarification in an attempt to ensure fair reporting,…

As artificial intelligence (AI) rapidly works its complex magic on one sector of the economy after another, there is an increasingly pressing need for compute resources to power all this machine intelligence. Training a model like ChatGPT costs more than $5 million, and running the early ChatGPT demo, even before usage increased to its current level,…

A new round of documents have been filed in the lengthy dispute between the United States Securities and Exchange Commission, or SEC, and Kik Interactive Inc. over the messaging company’s 2017 initial coin offering, or ICO.Both parties are seeking summary judgment, with the SEC submitting a proposed order that it hopes the court will sign.However,…

Crypto traders faced significant losses as major cryptocurrencies, including Bitcoin and Ether, experienced a sharp decline, resulting in over $1 billion in liquidations.

While Indian AML agencies have given Binance the green light to resume operations, authorities are still seeking $86 million in tax liabilities from the firm.

Update March 7, 11:32 am UTC: This article has been updated to add Jan3 CEO Samson Mow’s X post. As the United States moves forward with its Strategic Bitcoin Reserve, speculation is growing over whether China will respond with its own national crypto strategy. On March 7, US President Donald Trump signed an executive order