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Author: James Wilson
Interoperability, privacy, and infrastructure still pose hurdles to retail CBDC adoption, a survey by GlobalData reveals. Central bank digital currencies are still a tough sell, even where they’ve officially launched. GlobalData’s latest survey report reveals that for consumers in many countries, CBDCs just don’t offer enough to make the switch from familiar payment methods, as state-backed digital currencies struggle with a lack of user incentives, privacy concerns, and technological challenges. Blandina Szalay, banking and payments analyst at GlobalData, says the “very limited uptake of CBDC in countries where it fully launched — in the Bahamas, Jamaica, the Eastern Caribbean Currency…
Singapore High Court has accepted WazirX’s reorganization plan, which will allow the exchang to repay 75% to 80% of the stolen customer monies. Despite the court’s decision, many victims remain suspicious! A Singapore High Court has approved a payment restructuring plan for the victims affected by the WazirX crypto scam. The restructuring plan was approved on Jan. 23, 2025, under the Company’s Act. 1967, which regulates and sets guidelines on the operation of companies in India. The Singapore High Court also ruled that there was no foul play done by WazirX regarding the hack, as per Crowdfund Insider. On Jul. 18, 2024, WazirX lost over $234 million in multiple crypto assets. The attack was traced back to North Korea’s state-sponsored hacking group, the Lazarus Group. The same group…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With Bitcoin hitting new highs, altcoins like Dogecoin, Solana, and the promising Rollblock token are primed to outpace it, offering massive growth opportunities. Only a week ago, Bitcoin hit yet another ATH, and the bulls are lacing up their boots for a massive bull run. There isn’t a better time to get in this market cycle than right now. But altcoins always outpace Bitcoin. Bitcoin sets the direction but not the pace. Dogecoin, Solana, and the new GambleFi token…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As TRUMP token faces rising skepticism, Lightchain AI emerges as a credible contender with its utility-focused approach to blockchain and AI solutions. As the cryptocurrency market welcomes new entrants, scrutiny often intensifies around tokens with unclear utility. The TRUMP token has faced growing skepticism over its purpose and credibility, casting doubt on its long-term prospects. In contrast, Lightchain AI, currently in its presale at $0.005625 and having raised $12.3 million, is emerging as a credible project with a strong…
Spot Bitcoin exchange-traded funds in the United States shifted back to outflows for the first time since President Donald Trump’s inauguration, triggered by the global adoption of the Chinese AI app DeepSeek, which spooked investors and led to massive liquidations across the crypto market yesterday. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $457.48 million in outflows on Jan. 28, ending their seven-day inflow streak, during which over $4.2 billion entered the funds. Fidelity’s FBTC experienced the highest outflows of the day, shedding $268.59 million, while Grayscale’s GBTC followed with $108.47 million in outflows. Bitwise’s BITB and…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As the backbone of local economies across the United States, community banks’ futures lie with an unexpected ally: crypto policy. In rural and underserved areas, local financial institutions are facing enormous pressure to remain competitive as the technological and financial infrastructure quickly evolves around it. With blockchain technology becoming more mainstream, community banks are being presented with an opportunity to revitalize themselves. By laying blockchain rails and adopting “digital cash” stablecoins, they can improve how people participate…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Trump-backed meme coins grab headlines, Lightchain AI quietly emerges as the real game-changer, merging blockchain and AI for transformative, long-term growth. Donald and Melania Trump launched rival meme coins, tapping into the cultural and financial phenomenon of the cryptocurrency world. While these tokens aim to capture attention with their high-profile backing, Lightchain AI is quietly setting the stage for a technological revolution. With its presale raising $12.3 million at $0.005625 per token, Lightchain AI offers a stark contrast…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As SUI and ADA hold steady, the spotlight shifts to Catzilla, a rising meme coin capturing the attention of major investors, with Solana whales fueling its momentum. While SUI and ADA remain steady, interest shifts toward Catzilla, capturing the attention of major investors. With Solana whales diving in, this intriguing newcomer is making waves. The market buzz suggests significant potential, raising expectations for substantial gains. Crypto enthusiasts are closely watching to see if this promising trend will continue to…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance is gaining attention as a promising Solana alternative, with strong presale performance and significant growth potential in 2025. Investors are seeking the next great prospect. Many are searching for another cryptocurrency with comparable possibilities to Solana’s meteoric expansion over the previous few years. Currently trading at $0.20, Rexas Finance (RXS) tops the list. Let’s explore Rexas’ capabilities. Rexas Finance: The Solana alternative Currently trading at $0.20, Rexas Finance is fast becoming the top Solana substitute. Unlike most…
Theta Labs, a decentralized cloud infrastructure platform for artificial intelligence, media, and entertainment, has added Nanyang Technological University to its list of major integrations for the EdgeCloud product. NTU Singapore is the latest academic institution to adopt EdgeCloud AI, a hybrid cloud computing platform for AI, gaming, rendering, and video. Theta Labs, which also develops the Theta Network (THETA) project, announced this latest partnership on Jan. 27. NTU is one of Singapore’s top-ranked universities and recently placed 15th globally in the QS World University Rankings 2025. The institution joins the ranks of Stanford, MIT, and the University of Pennsylvania. According…