British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated
According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting...
Bitcoin
FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption
The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s...
UNQ token sale closes with over $11 million in contributions from 7,900 supporters
Unique Network, the NFT chain built for Polkadot and Kusama, has raised over $11.2 million from 7,900 supporters in their...
Rio de Janeiro mayor to allocate 1% of the city treasury to Bitcoin
Rio de Janeiro is about to become a crypto hub and the first Brazilian city to buy Bitcoin as a...
The Rise of NFTs | Footprint Analytics Annual Report 2021
While the concept of NFTs has been around since 2014, they were mostly under the radar until last year, when...
Tether freezes three Ethereum addresses holding $150 million in USDT
World’s largest stablecoin issuer Tether has added three more Ethereum addresses to its blacklist that held nearly $150 million worth...
Elon Musk’s Tesla now support Dogecoin payment
Tesla is accepting crypto payments again. The leading electric car maker earlier today revealed that it is now supporting payment...
Jack Dorsey’s Block to build an open Bitcoin mining system
Jack Dorsey’s Block, formerly known as Square, is actively pursuing plans to build an open Bitcoin mining system. The news...
Kingdom of Tonga May Adopt Bitcoin as Legal Tender, Says Former Member of Parliament
The Kingdom of Tonga may adopt bitcoin as legal tender, according to a former member of Tonga’s parliament, Lord Fusitu’a,...
Tesla Begins Accepting Dogecoin Payments — Some Merchandise Can Only Be Purchased With DOGE
Tesla now accepts dogecoin for some merchandise on its website. CEO Elon Musk delivered on the promise he made in...
Swiss National Bank Trials CBDC in Transactions With Five Banks
The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority...
NYCB and Group of Banks Join to Launch USDF Stablecoin
A group of U.S.-based banks is launching their own stablecoin, USDF. The stablecoin will be issued by the USDF Consortium,...
Nervos ecosystem is expanding: Force Bridge to BSC is live, cross-chain bridge to Cardano is coming
Nervos is making moves to rapidly expand its DeFi ecosystem, as the network recently announced the launch of Force Bridge...
Here is the first restaurant open to NFT holders alone
Owning an NFT just got cooler as a restaurant in New York has revealed that prospective diners at its place...
Why China’s crackdown on mining is actually good for Bitcoin
China’s crackdown on Proof-of-Work mining last year tested the security of the Bitcoin network and showed that it was far...
