The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDCs) to compete with initiatives in the private sector, including cryptocurrencies. “CBDCs will take years to be rolled out, while … crypto assets are already here,” he said.

BIS Says […]
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Arbitrum Surpasses $1.5 Billion in TVL Following Rumors of a Possible Token Airdrop
https://digitalarticle.in/cryptocurrency/arbitrum-surpasses-1-5-billion-in-tvl-following-rumors-of-a-possible-token-airdrop/

Arbitrum, a second layer expansion rollup for Ethereum, has breached the $1.5 billion of total value locked (TVL) in protocols using its services. The smart contract recorded an influx of more than 1 billion just today after a rumor started in social media that the protocol might be planning to issue its own token in […]
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Cross-Chain Bridges That Connect 5 Different Blockchains to Ethereum
https://digitalarticle.in/cryptocurrency/cross-chain-bridges-that-connect-5-different-blockchains-to-ethereum/

During the last few months, cross-chain bridge technology has grown a great deal and users can now swap assets between a myriad of networks. Today, between eight different bridges there’s $7.6 billion total-value locked across these platforms.

Cross-Chain Bridges

There’s a decent quantity of cross-chain blockchain bridges these days and it has allowed […]
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Russian Court Confirms Arrest Warrants for 3 Finiko Founders
https://digitalarticle.in/cryptocurrency/russian-court-confirms-arrest-warrants-for-3-finiko-founders/

Tatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of the notorious Finiko crypto pyramid. The top representatives of the Ponzi scheme, accused of large-scale fraud in Russia, are still hiding abroad, media reports reveal.

Three Finiko Ponzi Scheme Members Still Wanted

The Supreme Court of Tatarstan, a republic […]
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JPMorgan Strategist Estimates Ether’s Fair Value at $1,500 Amid Competition From ‘Ethereum Killers’
https://digitalarticle.in/cryptocurrency/jpmorgan-strategist-estimates-ethers-fair-value-at-1500-amid-competition-from-ethereum-killers/

A strategist at JPMorgan stated that ether’s fair value is way lower than its current price. According to a set of measurements based on network activity, he calculated ether’s value at $1,500, 55% lower than its market price. One of the reasons argued for this assessment, is that Ethereum is not so unique anymore, and […]
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Cryptocurrency Is Picking up Steam in Small Cities in India: Report
https://digitalarticle.in/cryptocurrency/cryptocurrency-is-picking-up-steam-in-small-cities-in-india-report/

Cryptocurrency usage and trading are experiencing a boom in India, and most of this growth is coming from small cities. According to reports from local exchanges, the growth has been exponential. The profile of these new participants has also been interesting, as they are highly educated, not only focused just on bitcoin, and are open […]
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Bitcoin.com Doubles Down on Non-Custodial Model
https://digitalarticle.in/cryptocurrency/bitcoin-com-doubles-down-on-non-custodial-model/

Bitcoin.com, in line with its vision to support ‘economic freedom,’ is refocusing its efforts on non-custodial, or ‘self hosted,’ crypto products, including exchange. Therefore, the Bitcoin.com Wallet, which is fully non-custodial and provides users with direct access to public blockchains like Bitcoin, Bitcoin Cash, and Ethereum will be the company’s flagship product going forward. What’s […]
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Crypto Investor Sues Apple Over Malicious App That Stole Cryptocurrencies
https://digitalarticle.in/cryptocurrency/crypto-investor-sues-apple-over-malicious-app-that-stole-cryptocurrencies/