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Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, XTZ, AXS

The sentiment withinside the crypto markets can extrade speedy as visible from the Crypto Fear and Greed Index, which has risen from stages of severe worry on Sept. 30 to impartial today. The sentiment may also enhance similarly if Bitcoin (BTC) breaks out and sustains above the psychologically crucial...

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IMF recommends CBDC and global crypto standards for financial stability

The International Monetary Fund (IMF) launched a fixed of rules for the rising markets and growing economies to make certain monetary balance amid worldwide crypto adoption. The IMF believes withinside the capacity of crypto belongings as a device for quicker and less expensive pass-border bills, bringing up the dramatic...

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Actions speak: China’s crypto ban may reveal digital yuan CBDC goals

Chinese regulatory government gave but every other surprise to the cryptoverse with the aid of using implementing a ban on all cryptocurrency transactions on Sept. 24. This degree got here simply because the marketplace became starting to get over the authorities’s June prohibition on cryptocurrency mining sports. The fear,...

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NFT for the win: Grandmaster Magnus Carlsen chases a nonfungible trophy

An worldwide chess event, Meltwater Champions Chess Tour (MCCT), has introduced it’ll mint nonfungible token (NFT) trophies and collectibles to keep the game‘s maximum defining moments forever. The winner of the MCCT can be offered an NFT trophy, marking mainstream crypto involvement from the worldwide chess network. The event’s...

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Grayscale adds SOL and UNI to Digital Large Cap Fund portfolio

Grayscale Investments, a New-York primarily based totally crypto asset manager, consists of Solana (SOL) and Uniswap (UNI) after rebalancing its basket of Grayscale Digital Large Cap Fund (GDLC) portfolio. The quarterly rebalancing of GDLC is carried out via way of means of promoting current additives of the portfolio for...

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Biden admin weighing bank-like regulation for stablecoin issuers

The Biden management is reportedly thinking about a brand new prison framework for stablecoin issuers that might placed them withinside the equal class as banks, elevating questions on the destiny of crypto law withinside the country. Citing humans acquainted with the matter, The Wall Street Journal said Friday that...

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Hackers exploit MFA flaw to steal from 6,000 Coinbase customers — Report

Cryptocurrency alternate Coinbase has reportedly suffered any other safety breach after attackers have been capable of pass the organisation’s multi-aspect authentication, or MFA, characteristic in a coordinated marketing campaign in advance this year. The attackers stole cryptocurrency from 6,000 money owed, aleven though the economic fee of the robbery...

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