Corporate brands target NFTs and adoption continues to skyrocket
Apart from creating their own digital collectibles, major brands are also acquiring popular NFTs amid the growing popularity of nonfungible tokens. Go to Source Powered by WPeMatico
Month: August 2021
Dubai to benefit from expanding crypto market, Bittrex Global CEO says
The United Arab Emirates has been cementing its presence in the digital asset industry recently with multiple efforts to further adopt blockchain-based technologies. Go to Source Powered by WPeMatico
Betting on a Bitcoin bull run? Not in September, BTC price data says
Next month is a classic underperformer for BTC/USD, and judging by the current price action, 2021 is no exception. Go to Source Powered by WPeMatico
BCH Defi Project Detoken to Close Its Doors Over Regulatory Climate Toward Crypto Derivatives
On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing regulatory outlook on cryptocurrency derivatives.” Defi Project Detoken to Shut Down Operations … Read more
Bitcoin whales join ‘small fish’ in buying BTC as price holds above $47K
Bitcoin addresses holding 1,000 to 10,000 BTC have resumed accumulating coins. Go to Source Powered by WPeMatico
Singapore central bank shortlists 15 companies to develop retail CBDC
The 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.” Go to Source Powered by WPeMatico
Nigeria’s central bank issues draft guidelines on eNaira CBDC project
CBN says the proposed central bank digital currency will offer parity of value and will operate as a non-interest-bearing CBDC. Go to Source Powered by WPeMatico
Nigerian Central Bank Reveals CBDC Guidelines, Announces Plan to Launch E-Naira Wallet
The Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition, a limit on customer transactions and value-based transactions will be imposed. Five-Stage Launch According to a Nairametrics report, the new revelations concerning the e-naira’s design as well as the operational … Read more
Cream Finance DeFi platform loses $19M in a flash loan hack
The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17 transactions. Go to Source Powered by WPeMatico
Standard Chartered launches blockchain trade platorm with Chinese fintech
The joint venture operating the new blockchain-powered platform will be headquartered in Singapore and led by SC Ventures’ Amelia Ng as CEO. Go to Source Powered by WPeMatico
