The People’s Bank of China (POBC) recently released pilot versions of digital yuan wallets for both Android and iOS smartphones, Reuters reported. Meanwhile, researchers from Cornell University and the University in Chicago outlined what all the rush is about, and how will the arrival of digital yuan, also known as e-CNY or DCEP, affect the …
Tag archives: Bitcoin
OpenSea is reportedly eyeing a $13 billion valuation
NFT marketplace OpenSea is reportedly in talks for another funding round that would value the company at $13 billion. According to Eric Newcomer, a former Bloomberg journalist and author of the Newcomer newsletter, the deal will be led by Coatue and include participation from Kathryn Haun’s new crypto fund. NFT craze pushes OpenSea past the …
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Vitalik Buterin gives an estimate on Ethereum 2.0’s completion status
Vitalik Buterin gave a guesstimate on the completion of Ethereum 2.0. Sadly, the impatient among us will likely be disappointed with what he said. Speaking on the Bankless YouTube channel, Buterin covered various topics, including what makes him happy, maximalism, and layers 1s. But the main theme of the interview centered around the development of …
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Polymarket to shut noncompliant markets, pay $1.4 million fine
The Commodity Futures Trading Commission (CFTC) has fined popular crypto prediction market service provider, Polymarket, $1.4 million whilst also ordering it to shut markets that are not in compliance with regulations of the federal agency. Polymarket to pay $1.4 million fine According to a press release issued by the foremost financial regulator, Blockratize, the parent …
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Work X – Tokenizing Your Skills
press release PRESS RELEASE. Zug, Switzerland, 5 Jan 2022: For many years, getting a diploma from a university or other institution was the only way to prove you possess specific skills for a job. However, the question arises to what extent a diploma proves that a candidate is able to perform in a job. With …
India’s Monetary Policy Committee Member: Total Crypto Ban Is Difficult to Implement, Crypto Assets Should Be Regulated
A renowned economist who is a member of India’s Monetary Policy Committee says that a total cryptocurrency ban is difficult to implement and “would only increase illegal activities and participation in the darknet.” She believes that crypto assets should be regulated. Monetary Policy Committee Member Says a Complete Crypto Ban Is Difficult to Implement Ashima …
Bitcoin’s Price Will Hit $100K by Mid-Year, Nexo Founder Predicts
The co-founder and managing partner of Nexo, a major cryptocurrency lender, has predicted that the price of bitcoin will be $100K by mid-2022. He highlighted “two simple reasons” why he is bullish about the price of bitcoin this year. Bitcoin Expected to Reach $100K by Mid-Year Antoni Trenchev, the co-founder and managing partner of Nexo, …
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China’s Digital Yuan Wallet App Now in iOS and Android App Stores
China’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as e-CNY, can now be downloaded from the iOS and Android app stores in the country. Digital Yuan Wallet App Now Downloadable From iOS and Android App Stores China’s central bank, …
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Polymarket to shut services, pay $1.4 million fine
The Commodity Futures Trading Commission (CFTC) has fined popular crypto prediction market service provider, Polymarket, $1.4 million whilst also ordering it to shut markets that are not in compliance with regulations of the federal agency. Polymarket to pay $1.4 million fine According to a press release issued by the foremost financial regulator, Blockratize, the parent …
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13 NFT games to look out for in 2022
Call it GameFi, Play-to-Earn or NFT gaming, a new breed of games are coming, riding the tidal wave created by the success of pioneer games like Axie Infinity. In 2021, Axie went from basically zero to 2.3 million daily active players at the end of the year. During the same one-year period, the Axie Infinity’s …
Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading
The government of Estonia has approved legislation tailored to improve oversight of its crypto sector which expanded rapidly due to favorable regulations and business climate. The new law, which is yet to be adopted, will introduce stricter requirements for service providers without preventing their clients from owning or exchanging cryptocurrencies. Authorities in Tallinn Draft Stricter …
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Defi TVL Jumps 12% Since Mid-December, Close to $25B in Bridges, Convex Gains on Curve’s Dominance
The total value locked (TVL) in decentralized finance (defi) has risen 4% during the first four days of the new year from $245 billion on January 1, to $255.84 billion three days later. While the defi protocol Curve Finance dominates with a TVL of $24.44 billion, Convex Finance is closing in on the dominance with …
Adidas Originals NFT Compilation Enters Top 50 Collections by Volume, Close to $60M in Sales in 18 Days
Less than 20 days ago, the German multinational sneaker and sportswear corporation Adidas launched the company’s Adidas Originals non-fungible token (NFT) collection and since then the NFT compilation has surged into the top 50 NFT collections in terms of sales. Adidas NFT Collection Sees Significant Demand in Less Than 20 Days At the end of …
Melania Trump acknowledges Bitcoin anniversary despite Donald’s disdain
Peter Schiff and his son, Spencer Shiff, are quite popular in the crypto space due to the kind of relationship they share with crypto. While Peter Schiff has been a vocal critic of Bitcoin and the digital asset industry generally, his son has been the opposite as he is one of the leading proponents of …
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Cosmos-based DEX Osmosis breaks above $1 billion in locked value
The total value locked (TVL) on decentralized exchange (DEX) Osmosis, which is part of the Cosmos (ATOM) ecosystem, surpassed $1 billion today, according to decentralized finance metrics platform DeFi Llama. This comes as a result of rapid growth the DEX has been seeing over the past seven days. At press time, the TVL on Osmosis …
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