By Tom Westbrook SINGAPORE - The dollar lurked just below recent highs on Tuesday as traders waited for U.S. inflation data due later in the week, which could take pressure off the Federal...
SYDNEY - Australia's central bank on Tuesday said it was launching a one-year research programme into the case for a central bank digital currency (CBDC) in Australia, focusing on what potential...
Australia's central bank on Tuesday said it was launching a one-year research programme into the case for a central bank digital currency (CBDC) in Australia, focusing on what potential economic...
Fabio Araujo, Director of the Central Bank of Brazil, has praised the properties of Bitcoin. He said that Bitcoin was the catalyst for what is today known as Web3. He also commented about the...
Binance announced on Friday that its Binance Card now supports three new altcoins. Card users can now access their holdings of Ripple , Shiba Inu (SHIB) and Avalanche (AVAX). The Binance Card...
Nomad announced a bounty of up to 10% for the return of the stolen funds from the Nomad bridge. In a website announcement and tweet, the company publicly provided a wallet address for sending the...
Blockchain auditing firms are still trying to figure out how hackers gained access to about 8,000 private keys used to drain Solana-based wallets. Investigations are ongoing after attackers...
Klex Finance, the sophomore project to be incubated by Krew DeFi, has deployed its testnet ahead of an imminent mainnet launch. The testnet went live on August 2, with Klex Finance inviting...
Excellent John K. Kumi is a cryptocurrency and fintech enthusiast, operations manager of a fintech platform, writer, researcher, and a huge fan of creative writing. With an Economics background,...
The announcement noted how central banks across the world were seeing "the potential of retail CBDC as being the foundation of the future financial system."
The Bank of Thailand said that it will begin testing its CBDC in a retail capacity later this year and will include 10,000 retail users and three companies. The post Thailand CBDC Pilot Could...
Government-backed digital assets, CBDCs, have been put forward by different countries to implement crypto payments in the country as opposed to using decentralized currencies such as Bitcoin. It...
The Sango Initiative is something that many crypto investors have heard of but have wrongfully dismissed as just another CBDC. The fact that it is government-backed seems to have cemented this...
Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the “holy grail,” according to the European Central Bank (ECB). In a...
A report by the European Central Bank (ECB) has found that central bank digital currencies (CBDC) could be the “holy grail” of cross-border payments. The post European Central Bank Hails CBDC...
How Technocommunism Will Institute The CBDC: The Central Bank Game Plan In Under 3 Minutes Via '2nd Smartest Guy In The World' Substack, The entire global financial system is now...
Having raised a mammoth $380 million funding at a $1.5 billion valuation in June, French cryptocurrency hardware wallet maker Ledger is looking to raise an extra $100 million, according to a...
Many blockchain companies now believe that regulation is inevitable, but theres a growing debate over where to draw the line between protecting users and strangling the lifeblood out of the...
The Bank of Japan has announced the cancelation of its central bank digital currency (CBDC) project due to lack of interest from the public. Japan Scraps CBDC Plans The BOJ, which began testing...
Despite testing the technical feasibility of the issuance of a central bank digital currency (CBDC) since 2021, and starting the... Continue reading The post Japan’s central bank shelves plans...
The Bank of Japan (BoJ) has concluded that it is not technically feasible for the government to release a central bank digital currency (CBDC) at the moment. The post Japan’s central bank scraps...
As of last week, 3,276 cryptocurrency and blockchain jobs have been lost in the cryptocurrency industry. A new semiconductor bill called the ‘CHIPS Act of 2022’ that just passed both the House and...
The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital...
Last week was hot as hell for Coinbase, as the company had to deal with first-ever crypto insider case, as Ishan Wahi exploited information to make millions in silence. Today, The U.S. Securities...
Following a year of intense highs and lows in the crypto market, March 2022 saw speculation intensify around a White House Executive Order (EO) that was supposedly imminent. President Biden signed...
The heavy involvement of the sports ecosystem is what expedited nonfungible tokens’ mainstream adoption as the teams and players leveraged the technology for fan engagement. However, sports fans...
British, multinational, universal bank Barclays has acquired a stake in Copper, a $2 billion crypto firm that provides institutional investors with a gateway into the crypto asset space. Barclays...
Ethereum-based digital assets played a significant role in the DeFi boom that occurred in 2020. While being valued highly for its transaction security, scalability and interoperability, the...
African nations could face challenges due to the introduction of CBDC and crypto. A common digital currency for all Central ...Read More...