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Crypto Today - Bitcoin and Ethereum rise, XRP wins legal battle, FTX founder on trial

Crypto Today: Bitcoin and Ethereum rise, XRP wins legal battle, FTX founder on trial

Bitcoin and Ethereum’s rising adoption signifies Bitcoin and Ethereum, the two leading cryptocurrencies by market capitalization, are showing signs of bullish momentum as they close above the 20-day moving average. Their adoption is also increasing as more institutional investors and regulators embrace them. For example, several Bitcoin futures ETFs have been approved by the SEC in the U.S., and Ethereum is undergoing a major upgrade to im…
IMF Web3 economy

IMF Sounds Alarm on Web3’s Promise of a New Financial System

The IMF warns of the growing cyber threats to the global financial system. The global financial system is undergoing an unprecedented digital transformation, accelerated by the COVID-19 pandemic. Central banks around the globe are considering digital currencies and modernizing payment systems. Around 100 countries are exploring Central Bank Digital Currencies (CBDCs) at various levels. The Growing Cyber Threat  The I…
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