U.S. Federal Reserve Chairman Jerome Powell has clarified the outlook on how a U.S. central bank digital currency (CBDC) or digital dollar might be issued in the near future. Citing that the coming years are focused on research and building public confidence in CBDC as more important priorities for now.
El Salvador, the first country to make Bitcoin (BTC) legal tender, will be hosting the “Adopting Bitcoin” conference in order to promote financial freedom. The ...
Do Kwon, co-founder of Terraform Labs and the subject of South Korean allegations related to a $60 billion crypto wipeout, refuted reports that he was hiding after Interpol issued a red alert for his arrest.
Bitwage, the world’s pioneer and leading provider of cryptocurrency and stablecoin payroll services, has partnered with Argentinian Ultimate Fighting Championship (UFC) fighter Guido Cannetti. Following the partnership, Canneti will become the first argentine athlete to receive a stablecoin salary in USDC.
The world's top central bankers, Jerome Powell of the United States Federal Reserve Chairman, Christine Lagarde the President of the European Central Bank (ECB), and Agustín Carstens, the General Manager of the Bank for International Settlements (BIS) are looking into regulating decentralized finance (DeFi). During a panel discussion on digital finance hosted by Banque de France, the attendees shared and tackled their views on DeFi. They acknowledged and urge that broader DeFi regulation is essentially needed
Bitcoin (BTC) might have lost 72% of its value over the past ten months; however, the digital currency remains strong compared to other major currencies that dictate the world economy.
The mix of energy sources powering Bitcoin mining has shifted considerably in the past three years, moving away from coal and hydropower, and towards nuclear energy and natural gas, data from the Cambridge Centre for Alternative Finance (CCAF) shows.
Alex Mashinsky, the CEO of Celcius Network, resigned, pushing the price of CEL lower on Tuesday 27th. Investors sold a large portion of their holdings ...
Binance, which is one of the biggest cryptocurrency platforms in the world, announced its plan to limit the supply of Luna classic (LUNC) tokens, prompting a surge in the token’s prizes.
As the growing multibillion-dollar crypto thefts raise concerns in the crypto space, a group of researchers at Stanford University have initiated a proposal that would mitigate the exploitation of crypto funds. They have introduced Ethereum token standards ERC-20R and ERC-721R that would support reversing malicious transactions.
Today’s sports industry has taken a craze on non-fungible tokens or NFTs as multiple sports teams rush on this new phenomenon for fear of missing out. The Italian football giant, AC Milan has announced a new collaboration with Web3 e-sports platform MonkeyLeague. To maximize the potential of both parties, they formed a strategic partnership in the NFT space that will cover NFT games, collectibles, and merchandise.
Non-fungible tokens or NFTs have been making waves and making their way into mainstream culture. One of the biggest tech companies in the world, Apple, will reportedly allow NFT sales on the Apple App Store. However, the company will be entitled to a 30% commission despite the fact that it won't play any role in the sale
A draft stablecoin bill in the United States House of Representatives is in progress that focuses on regulating stablecoins that would impact its issuers and collateralization. However, it is unlikely that the United States House of Representatives could pass the bill to regulate stablecoins by year-end.
