Chinese workers paid in CBDC are cashing it out for real money: Report
    13 May 2024
    139 Views

    China’s digital currency project reportedly still has teething problems, with a report suggesting some state Chinese workers being paid in “e-CNY,” or digital yuan, seldom use it and have been converting it to physical cash. According to a May 13 report from South China Morning Post, some Chinese cities have begun paying state employees in the country’s…

    It’s ‘clear’ the US government is going after Tether: Ripple CEO
    13 May 2024
    141 Views

    Ripple CEO Brad Garlinghouse says it is “clear” that the United States government is “going after” stablecoin issuer Tether — which could have an unpredictable impact on the crypto markets. Garlinghouse said on a May 10 episode of the World Class podcast there would “100%” be another crypto-related black swan event such as the collapse and subsequent uncovering…

    Bitcoin sats the ‘most valuable digital canvas ever’ — Ordinals artist
    13 May 2024
    143 Views

    The lead artist behind the Bitcoin art community “Nurorealm” said it was a “dream come true” to inscribe their 3D art on an “epic sat” — which he won in a recent auction. “[The artwork is now inscribed on] one of the most valuable digital assets in existence and is the most valuable digital canvas…