Cointime

Cointime

Download App
iOS & Android

Crypto Evening Briefing: Russia to Work With Digital Currencies of Other Nations

Cointime Official

Top Stories

Russia to Work With Digital Currencies of Other Nations

The digital ruble platform being developed by the Bank of Russia will have the capability to interact with other state-issued digital currencies, according to the central bank. The bank is working on mechanisms to facilitate interaction with digital coins issued by other countries' central banks, potentially through two-way integration or an international digital platform.

Multi-Chain Lending Protocol FilDA Suffers $700K Loss in Cyber Attack

FilDA, a multi-chain lending protocol, was attacked earlier today on the Elastos Smart Chain (ESC) and REI Network, resulting in a loss of approximately 700K USD. No other FilDA deployments have been affected.

Chinese City Public Servants to Receive Digital RMB Salaries From May

All civil servants in the Chinese city of Changshu will receive their full salaries in digital RMB or digital yuan starting from May 2023, according to a notice issued by local authorities. This includes public service personnel, public institution personnel, and personnel of state-owned units at all levels in the city. Employees will be able to opt for digital yuan settlements through self-service terminals.

Biden’s Comms Director Barred From Former Crypto Clients: Report

President Joe Biden will prohibit his communications director, Ben LaBolt, from handling any legal matters or contracts related to cryptocurrency or technology firms he previously represented, according to an April 22 report by Bloomberg Law.

BUSD Drives 19% Slump in Stablecoin Transfer Volumes

Stablecoin transfer volumes have fallen by 19.2% in the past week, led by a major slowdown in the use of Binance's BUSD, which fell by 353.3% over the course of the week. The market cap of BUSD and other major dollar-pegged stablecoins, such as USDC and TUSD, has also been declining. 

Market Watch 

As of press time, according to Cointime data:

BTC 's live price is $27,660.51 USD, jumped by 1.43% in the last 24 hours;

ETH’s live price is $1,876.37 USD, jumped by 1.43% in the last 24 hours;

BNB’s live price is $331.34 USD, jumped by 1.18% in the last 24 hours;

XRP's live price is $0.4686 USD, jumped by 1.88% in the last 24 hours.

Fundraising News

VEGA Has Completed a $2 Million Seed Funding Round Led by Arcane Group

VEGA has completed a $2 million seed funding round led by Arcane Group with participation from notable investors such as New Wheel Capital. Committed to bring out more talented young people and turn them into idols, Vega will continue to provide a more equitable, valuable and decentralized platform to help these young talents get a fairer chance to show themselves.

Bitcoin Bitcoin $82,946.40
+0.01%
China CBDCs Crypto Russia
Comments

All Comments

Recommended for you

  • BTC Surpasses $83,000

    Market data shows that BTC has surpassed $83,000, currently priced at $83,020.19, with a 24-hour decline of 0.2%. The market is experiencing significant fluctuations, so please ensure proper risk management.

  • ETH Surpasses $2500

    Market data shows that ETH has surpassed $2500, currently priced at $2500.03, with a 24-hour increase of 0.33%. The market is experiencing significant fluctuations, so please ensure proper risk management.

  • Houthi Forces Claim Saudi Airstrikes on Sana'a Airport in Yemen

    On October 10, according to information released by the Houthi forces in Yemen, on the afternoon of the same day local time, the Saudi-led coalition conducted airstrikes on Sana'a International Airport, which is under the control of the Houthi forces, dropping four bombs. Additionally, the Saudi coalition also targeted a communication facility in Hajjah Province, controlled by the Houthi forces, dropping three bombs. There has been no response from the Saudi side regarding these incidents. (Jinshi)

  • French Finance Committee Approves Amendments on Stablecoin Exchange Tax and Crypto Exit Tax

    On October 10, Decrypt reported that the Finance Committee of the French National Assembly approved two amendments related to cryptocurrency taxation this week: starting January 1, 2027, exchanges of stablecoins regulated under MiCA will be considered taxable sales; and an exit tax will be imposed on taxpayers who have been French tax residents for at least six of the past ten years and have moved abroad with crypto assets totaling over 800,000 euros. On October 9, the committee voted 31 to 3 to reject the budget revenue portion, and the full National Assembly will review based on the government's original text. The amendments will not be automatically included; supporters must reintroduce them during the debate starting on October 13, with a formal vote scheduled for October 20. The related measures have not yet become law. The stablecoin amendment was proposed by Nicolas Sansu, a member of the left-wing GDR party group, along with 16 co-signers, and does not set a new tax rate but aims to include the revenue under France's existing 31.4% flat tax system. The committee also passed an amendment allowing crypto asset losses to be carried forward for ten years to offset future gains.

  • Luxshare Precision: Company and Luxshare Technology Involved in 337 Investigation, Currently in Initial Filing Stage

    On October 10, Luxshare Precision announced that the company and its holding subsidiary, Dongguan Luxshare Technology Co., Ltd., have been listed as respondents in a 337 investigation by the U.S. International Trade Commission (ITC), involving U.S. Patent US 10,903,700. The ITC officially launched the investigation on October 9, 2026, with investigation number 337-TA-1526. The case is currently in the initial filing stage, and no substantial determination has been made regarding the relevant infringement claims. The products involved are in the customer verification stage and have not yet entered mass production.

  • South Korea's Financial Commission: Shareholding Restrictions for Exchange Major Shareholders Not Targeting Specific Companies

    On October 10, Lee Ik-yeon, chairman of the Financial Services Commission of South Korea, stated that the provisions regarding shareholding restrictions for major shareholders of virtual asset exchanges in the ongoing 'Basic Law on Digital Assets' are not aimed at specific individuals or companies. Instead, they are designed to ensure that exchanges, once institutionalized, bear a higher level of public responsibility. Currently, South Korean virtual asset exchanges operate under a system that requires updates every three years, but this will transition to a licensing system after the implementation of the 'Basic Law on Digital Assets.' Lee emphasized that exchanges have infrastructure attributes and must possess public accountability and responsibility commensurate with their status.

  • SVRN Acquires Infrastructure Platform FastNEAR

    On October 10, it was officially announced that NEAR Treasury Company SVRN has acquired the NEAR infrastructure platform FastNEAR. FastNEAR will join SVRN as a wholly-owned subsidiary, with its co-founders Evgeny (Eugene) Kuzyakov and Mike Purvis also joining the SVRN team. The announcement stated that FastNEAR is a high-performance RPC infrastructure provider behind NEAR applications and supports most of the data layer for NEAR, including server clusters for handling network read and write operations, archival infrastructure for storing complete transaction histories, and NEARDATA, a data source for developers to process these historical records.

  • Entropy Acquires Xiaomi Code for 569.98 HYPE, Perpetual Contract Launch Imminent

    On October 10, HIP-3 market deployer Entropy spent 569.98 HYPE to acquire the Xiaomi code, and Entropy may soon launch its perpetual contract.

  • Trump Calls It Incredible Not to Win Nobel Peace Prize

    On October 10, Trump posted on the Truth platform stating that he had "resolved eight wars, with two more about to end or be resolved," and rescued all Israeli hostages, including the last 28 survivors and victims, as well as releasing hundreds of hostages from around the world and sending them home. He also claimed to have "won the Venezuela war, capturing the brutal dictator ruling the country," and prevented Iran, the "number one state sponsor of terrorism," from obtaining nuclear weapons. He wrote that despite doing so much, he did not receive the Nobel Peace Prize, which is "truly incredible."

  • Bernstein Analyzes AI Infrastructure Costs: Up to $39.5 Billion Investment per Gigawatt

    On October 10, Bernstein's research report revealed that the capital expenditure required to build a 1GW data center using different AI accelerator architectures ranges from approximately $34.6 billion to $39.5 billion. Among these, the construction cost of NVIDIA's Vera Rubin architecture is the highest, while OpenAI's self-developed ASIC architecture, Jalapeno, is relatively lower. Bernstein significantly revised its cost expectation for NVIDIA's Rubin NVL72 single rack from $9.1 million to $7.52 million, a reduction of about 17%, primarily reflecting adjustments in expectations for HBM prices and NAND storage capacity. The report also pointed out that the main economic burden of AI data centers is not electricity costs, but rather the substantial capital expenditures and the depreciation they generate.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company