First Digital to ‘Pursue Legal Action’ Over Justin Sun Allegations as FDUSD Price Drops

First Digital to ‘Pursue Legal Action’ Over Justin Sun Allegations as FDUSD Price Drops

FDUSD, the stablecoin issued by Hong Kong-based First Digital, has wobbled from its $1 price peg as investor concerns mounted over its reserves, though the company said Wednesday that it was “completely solvent.” FDUSD has dropped to 0.87 against Tether’s USDT stablecoin and 0.76 against Circle’s USDC on Binance, the main exchange where FDUSD is … Read more

7-Eleven Begins Accepting Bank of Korea’s Digital Currency in CBDC Trial

7-Eleven Begins Accepting Bank of Korea’s Digital Currency in CBDC Trial

South Korea’s 7-Eleven stores are now accepting the Bank of Korea’s central bank digital currency (CBDC) as part of a limited-time test that runs through June. The company is participating in the “Hangang Project” pilot of the CBDC. Customers with accounts at one of seven partner banks — including Kookmin, Shinhan and Woori — can … Read more

Digital Archivists: Protecting Public Data from Erasure

Digital Archivists: Protecting Public Data from Erasure

In the three decades since Brewster Kahle spun up the nonprofit Internet Archive’s Wayback Machine, it has scaled up to include government websites and datasets—many of which are essential to the engineering and scientific communities. U.S. government agencies like the National Science Foundation, Department of Energy, and NASA are critical sources of research data, technical … Read more

Lack of Disclosure on LUNA Costs Galaxy Digital $200 Million

Lack of Disclosure on LUNA Costs Galaxy Digital 0 Million

Galaxy Digital, founded by Michael Novogratz, has agreed to pay $200 million in penalties to resolve allegations that it violated New York laws by promoting the cryptocurrency LUNA without disclosing its financial interests. Galaxy’s LUNA Disclosure Failure Violated NY Laws Michael Novogratz’s Galaxy Digital recently agreed to pay $200 million in penalties to resolve allegations … Read more

EVM-Compatible Vana Blockchain Introduces New Token Standard For Data-Backed Digital Assets

EVM-Compatible Vana Blockchain Introduces New Token Standard For Data-Backed Digital Assets

Crypto enthusiasts might have heard of the ERC-20 token standard, which provides guidelines to ensure that tokens created on the Ethereum smart contract blockchain are compatible and can interact with other tokens and applications within the network. A similar standard for data-backed tokens, called VRC-20, has now emerged. Vana, an EVM-compatible Layer 1 blockchain that … Read more

Doulos Digital Elevates Conroe Businesses with Comprehensive Digital Marketing Services – Blockchain News Site

Doulos Digital Elevates Conroe Businesses with Comprehensive Digital Marketing Services – Blockchain News Site

Doulos Digital announces its comprehensive digital marketing services tailored for Conroe, TX businesses, offering expertise in SEO, PPC, and social media marketing to drive growth and enhance online presence. Montgomery, Texas, United States, 1st Apr 2025 – Doulos Digital, a leading digital marketing agency, is proud to announce its tailored suite of services designed to … Read more

Reshaping the Future of Global Digital Assets – Blockchain News Site

Reshaping the Future of Global Digital Assets – Blockchain News Site

In recent years, the rapid rise of cryptocurrencies has not only profoundly changed the global financial system, but also led to a new round of breakthroughs in the field of technology. From the popularity of digital assets such as Bitcoin to Dogecoin, the mining industry has become the key to the development of this trend. … Read more

Guarding the Digital Casino: The Reality of Cybersecurity in Gambling

Guarding the Digital Casino: The Reality of Cybersecurity in Gambling

The rapid expansion of digital gambling has enabled anyone with a reliable internet connection to place bets on their favorite games at any hour. Users often prefer the convenience of playing from their homes on their own terms. At the same time, operators can serve customers thousands of miles away from the four walls of … Read more

Digital Assets Bill Lets Californians Use BTC Like Cash

Digital Assets Bill Lets Californians Use BTC Like Cash

Enjoyed this article? Share it with your friends! California is updating Assembly Bill 1052 to give residents more control over their digital assets, including Bitcoin BTC $83,011.45 . A new version of the bill, first introduced in February, includes added protections for people who hold or use cryptocurrencies. The AB 1052 bill, originally called the … Read more

California’s AB-1052 Proposes Key Protections for Bitcoin and Digital Asset Users

California’s AB-1052 Proposes Key Protections for Bitcoin and Digital Asset Users

California’s Assembly has taken major steps toward regulating cryptocurrency with the introduction of AB-1052, initially known as the Money Transmission Act. The bill – led by California Democrat Avelino Valencia, who chairs the Banking and Finance Committee – focuses on protecting cryptocurrency users, particularly those seeking to maintain control over their digital assets. AB-1052 According … Read more