England’s central bank moves ahead with CBDC with 7 job postings
The Bank of England’s CBDC-related job listings range from solution architect to senior manager. Go to Source Powered by WPeMatico
DIGIT
Biggest one day USDC print in history marks lowest Bitcoin dominance in years
The $3 billion USDC influx puts the total supply of the stablecoin at around $14,4 billion, reaching over a quarter of Tether’s market cap. Go to Source Powered by WPeMatico
Biden’s capital gains tax plan to pull crypto down to earth from the moon?
More taxes may cause short-term volatility, “but long term, you may see more demand for DeFi applications and other collateralized use cases.” Go to Source Powered by WPeMatico
Hotbit crypto exchange shuts down for maintenance after attempted hack
The Chinese crypto exchange says funds are “SAFU” and that the emergency maintenance could take up to two weeks. Go to Source Powered by WPeMatico
Interoperability May Be The Single Biggest Threat to Ethereum’s Dominance
While it may still be the primary network hub for defi activities, smart contracts, and NFTs, bridges built using competing networks like Tezos could pose a serious challenge to Ethereum’s market share in these areas. New Solutions to Old Problems Could Undermine Network’s Potency In the time since the network’s unveiling, Ethereum-killers have abounded with … Read more
Coinbase to acquire Skew crypto data analytics platform
Some of Skew’s institutional clients include One River Asset Management and Susquehanna International Group. Go to Source Powered by WPeMatico
Turkey jails 6 in probe into missing Thodex crypto exchange CEO
The arrested siblings of the missing Thodex CEO reportedly own millions of dollars worth of crypto. Go to Source Powered by WPeMatico
NFT Roundup: Drumpfs Hit the Market, Dole Takes A Bite Out of Hunger, Digitalax Introduces Fashion Hybrids, and Burgundy Wine Collectibles Arrive
The fever surrounding non-fungible tokens continues to spread as it penetrates new areas and industries. Political memes have now entered the NFT fray, Dole is fighting food insecurity with a humorous angle, Digitalax is bridging the physical and digital fashion divide, and even acclaimed wine is getting a taste for digital collectibles. Drumpfs Mint Trump’s … Read more
Uzbek presidential agency proposes legalizing domestic crypto trading
Uzbekistan wants to lift its ban on cryptocurrency purchases after barring residents from buying crypto in 2019. Go to Source Powered by WPeMatico
New Jersey County Liquidates Bitcoin Seized in 2018, Profiting Almost 300%
Individuals and companies are not the only ones who take advantage of the significant bitcoin prices surging across the board, despite recent pullbacks. In New Jersey, United States, a county yielded profits after liquidating seized cryptocurrencies during a drug investigation. Authorities Gained Control of the Cryptos in 2019 According to NBC New York, local authorities … Read more
