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European Central Bank President Christine Lagarde has categorically rejected the inclusion of Bitcoin in the reserves of any EU central bank. Speaking recently, Lagarde emphasized that Bitcoin lacks the essential attributes of a reserve asset, namely liquidity, security, and stability. Her comments

Ripple's recent introduction of the RLUSD stablecoin could significantly alter the landscape of both decentralized finance (DeFi) and traditional banking, according to Adam Cochran of Cinneamhain Ventures. In a compelling video analysis on YouTube, Cochran deemed this development a "Trojan Horse" po

Anchorage Digital has set a notable precedent by becoming the pioneer among U.S. federally chartered banks to facilitate liquid Ether staking. On December 5, the cryptocurrency bank revealed its support for Liquid Collective's Liquid Staked ETH (LsETH), a liquid staking token (LST) that signifies st

Decentralized finance (DeFi) is poised to offer financial solutions reminiscent of traditional banks, according to the CEO of payments infrastructure platform Mercuryo. Mercuryo recently initiated a groundbreaking program aimed at fostering innovation in the Web3 space by supporting 30 emerging sta

A Chinese national has been found guilty of money laundering more than $73 million from people through a crypto scam. The 41-year-old crypto scammer Daren Li pleaded guilty this week. The dual citizen holder and his co-conspirators amassed this huge sum of money from a wide range of crypto scams.