News

Grand Mufti Of Egypt Issues Fatwā Against Cryptocurrency

The highest ranking Islamic official in Egypt has stated that virtual currencies are incompatible with Sharia Law.Local sources in Cairo are reporting that Egypt's...

No Ban On Cryptocurrency, Says Malaysian Official

Malaysia’s deputy finance minister has clarified the country’s position on cryptocurrencies. There will not be a blanket ban against crypto.Local media is reporting that...

Convergence Of Bitcoin And Financial Market Threatens Stability, Says ECB Board Member

Yves Mersch is worried that bitcoin may threaten financial stability as “market infrastructures such as stock exchanges enter this business.”The ex-governor of the Luxembourg...

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BRICS Energy Agenda Under Pressure as Hormuz Crisis Fuels Oil Spike

The Strait of Hormuz closure has pushed global oil prices to a 19.5-month high, severely disrupting BRICS oil flows.China...

Solv Protocol Loses $2.7M in Exploit; Offers Bounty

Solv Protocol, a Bitcoin DeFi platform, was exploited for $2.7 million on Thursday.The attacker, who exploited a smart contract...

OKX Launches ‘Orbit’ Social Trading Feature in App

OKX has launched a social trading feature called Orbit, allowing users to discuss markets and execute trades from within...

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China Mulls Stablecoin Strategy to Counter US Dollar Dominance in Digital Currency Space

Chinese economic authority proposes three-pronged strategy to counter...

Crypto.com Cuts 20% of Global Workforce Amid Industry Slump

Crypto.com, the digital asset platform, is reducing its global...

Distributed Digest: Friday, January 25, 2019

MyCrypto acquires Ambo, Etherisc releases its Generic Insurance Framework,...