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Top 10 Crypto News, 27th October
Top 10 Articles For The Day. Trending News That You May Have Missed Out On. We Find The News So You Don't Have To!
Ankita K.
1:01 27th Oct, 2022

UAE's Central Bank Pilots CBDC Transactions

The Central Bank of the United Arab Emirates (CBUAE) said on Wednesday it has completed the world’s largest pilot of central bank digital currencies (CBDC) transactions.

FTX Very Likely To Launch It's Own Stablecoin, SBF Confirms

FTX could certainly launch its own stablecoin, CEO Bankman-Fried told The Big Whale. But the exchange giant will prefer launching a stablecoin via partnerships, according to Bankman-Fried.

Blockchain .com Partners With Visa To Offer Crypto Debit Card

Crypto exchange has partnered with Visa to launch a crypto card, available to only United States residents initially, which allows users to pay using their crypto or cash balance wherever Visa debit cards are accepted.

Phishing Scammer Monkey Drainer Has Pilfered As Much As $1M In ETH

An alleged phishing scammer going by the pseudonym Monkey Drainer has reportedly swiped around $1 million worth of Ether via dubious copycat nonfungible token (NFT) minting websites this week.

Kazakhstan To Build CBDC On BNB Chain

The Binance founder tweeted that the National Bank of Kazakhstan (NBK) will integrate its central bank digital currency (CBDC), the digital tenge, on the BNB Chain, the underlying blockchain of the Binance network.

ConsenSys Commits $2.4M Annually To Launch MetaMask Grants DAO

Blockchain technology firm ConsenSys will spend $2.4 million annually to fund its newly launched MetaMask Grants DAO aimed at driving further development of the Web3 ecosystem.

Metaverse Losses Top $3.6B For Meta With Spending Set To Increase

Big Five technology player Meta is still burning cash through its Metaverse research and development arm Reality Labs with a $3.67 billion loss posted for the third quarter of 2022, stating those losses will further deepen next year.

Google To Update Legal Compliance Following Lost Criminal Crypto Exchange Data

Alphabet Inc., operator of the search engine Google, has agreed to improve its legal compliance process in a first-of-its-kind settlement with the U.S. Department of Justice (DOJ) after failing to produce data on the now-defunct crypto exchange BTC-e in 2016.

Ethereum Can Be Used for Cancer Research

A medical team made the case in a paper this year that blockchains were useful for cancer researchers to share information with each other for their AI systems. The team specifically mentioned using smart contracts on Ethereum for that purpose.

Bitcoin, Ethereum, Synthetix, & eCash Daily Crypto Price Analysis

The crypto market has positively changed by adding 2.72% in 24 hours. Bitcoin showed growth as it added 2.80% over the last day. Ethereum has also enhanced as it added 5.30% in the past 24 hours. Synthetix and eCash are both bullish, as they have added 1.34% and 1.59%.

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