The UAE central bank signs deal for CBDC strategy
The CBDC strategy was first unveiled in February as part of the central bank’s program to position the UAE as a global financial hub. Go to Source Powered by WPeMatico
Month: March 2023
Crypto reform coming to US in 2023, says former White House chief of staff
SVB’s epic failure occurred “at a bank that happened to deal with crypto customers” but “was not a crypto-induced problem,” said Mick Mulvaney. Go to Source Powered by WPeMatico
SEC promotes self-custody and DeFi staking
By taking control of one’s own digital assets and private keys, individuals and institutions can ensure the security and flexibility of their assets. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Below $28,000, ETH Falls Under $1,800 Following Fed Rate Hike
Bitcoin moved below $28,000 on Thursday, as markets reacted to the latest Federal Reserve interest rate hike. The Fed opted to increase rates by 25 basis points (bps) as many had anticipated, and signal one more hike this year. Ethereum was also lower on the news, falling below $1,800. Bitcoin Bitcoin (BTC) dropped below $28,000 … Read more
The complicated relationship of ethics in Web3: PBW 2023
A group of Web3 professionals took the stage at Paris Blockchain Week 2023 to discuss how current innovations will shape the future of ethics in Web3. Go to Source Powered by WPeMatico
NFT Craze Cools Down, But TMS Network (TMSN), Decentraland (MANA), and Axie Infinity (AXS) Continue to Attract Attention
The Non-Fungible Tokens (NFTs) craze may have slowed down, but it has left a lasting impact on the crypto industry. While some NFT projects have lost momentum, others continue to thrive and attract attention. Decentraland (MANA), Axie Infinity (AXS), and the new blockchain platform TMS Network (TMSN) are among the projects that have managed to … Read more
1inch Network co-founder to crypto newbies: ‘Don’t trust anyone, verify’ | PBW 2023
1inch Network co-founder Sergej Kunz highlighted that mass adoption means people understand “the noncustodial way.“ Go to Source Powered by WPeMatico
How blockchain can help reimagine a new state in Africa
Eche Emole, the co-founder of Afropolitan, explains how the nation-state experiment has failed, especially in Africa, and how blockchain can be used to reimagine a new state. Go to Source Powered by WPeMatico
Sushi DAO to Set up Defense Legal Defense Fund; Project Receives Unspecified US SEC Subpoena
Sushi, the Web3 exchange that pivoted into a decentralized autonomous organization (DAO), is seeking to organize a legal defense fund. If approved, the proposal, which already is available for voting, will put $3 million USDT as part of a fund to defend itself from legal actions against the organization and its members. The organization disclosed … Read more
Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi
On Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at strengthening the links between decentralized finance (defi) and centralized finance (cefi). Bitget Invests $30 Million in Bitkeep; Wallet Firm Is Now Valued at $300M Crypto … Read more