Local Businesses in Cannes Embrace Digital Currencies for a Brighter Future The picturesque city of Cannes, known for its luxurious film festival and stunning beaches, is now making waves in the world of digital currencies. Thanks to the forward-thinking initiative of Mayor David Lisnard, local businesses in Cannes are set to start accepting digital currencies […]
### The Fall of WEX: Implications of the Detention of Its Former Head in Warsaw
The recent arrest of the former head of WEX, a platform linked to significant vulnerabilities in the crypto sector, has sent ripples through both the business and digital currencies landscape. This incident raises questions about the future of cryptocurrency platforms and investors’ trust within this volatile market. WEX emerged as a successor to BTC-e, a […]
Crypto Market Approaches $3.12 Trillion, Nearing France's GDP
The cryptocurrency market has reached a remarkable milestone with its total valuation soaring to $3.12 trillion, drawing close to surpassing the GDP of France. This impressive surge has been propelled largely by Bitcoin, which has made headlines with a recent jump of 11% within a single day, bringing its price to approximately $89,500. This increase […]
Countries Accelerate Development of Digital Currencies
In recent years, central bank digital currencies (CBDCs) have captured global attention as nations respond to technological advancements and changing economic behaviors. According to research from the Atlantic Council, a growing number of countries, representing a staggering 98% of the global economy, are actively exploring digital versions of their currencies. Notably, almost half of these […]