Crypto News

RBI Report Highlights India’s Central Bank Digital Currency Development

India’s central bank, the Reserve Bank of India (RBI), published its August bulletin on Monday. The report discusses several aspects of central bank digital currency (CBDC) and its implications. The RBI is actively involved in developing CBDC initiatives to enhance cross-border payments, improve financial inclusion, and mitigate risks posed by private digital instruments. The RBI’sSource link

Binance Hit With Fresh Class Action Lawsuit Over Money Laundering Allegations

The lawsuit alleges that Binance’s negligent compliance practices allowed bad actors to use the platform to launder stolen crypto.Source link

DeepBook Expands Sui’s Liquidity Layer with New Use Cases

DeepBook, Sui's native liquidity layer, explores new use cases including perpetual futures, lending, and payments, enhancing DeFi protocols on the platform. (Read More)Source link

Mt. Gox Moves $700M in Bitcoin, BTC Unmoved at $59K

According to Galaxy's Alex Thorn expects only 1,265 BTC, woth over $70 million, may be offloaded in the market.Source link

Arbitrum Nova Launches on Dune, Enhancing Web3 Gaming and Social Applications

Arbitrum Nova, the AnyTrust chain for Web3 gaming and social applications, is now live on Dune, according to dune.com. (Read More)Source link