The Bahamas will launch a digital Central Bank ‘Sand Dollar’ in October
The Central Bank of The Bahamas is planning to launch a national cryptocurrency across its entire archipelago next month. Go to Source Powered by WPeMatico
DIGIT
Bakkt Bitcoin futures smashes daily volume record by 36%
Despite the milestone, Bakkt’s future volumes pale in comparison to those of top crypto exchanges Binance and Huobi. Go to Source Powered by WPeMatico
Philippines SEC warns of ‘cloud mining’ Ponzi related to Bitcoin Vault
The Philippines SEC has identified ‘Mining City’ as a Ponzi scheme and warned promoters of the scam that they could face up to 21 years imprisonment. Go to Source Powered by WPeMatico
Suspended ePayments platform will relaunch without crypto
ePayments is preparing to relaunch but there will be no crypto or peer-to-peer payments. Go to Source Powered by WPeMatico
Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year
The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50% during the time period. A newly published report written by … Read more
Yam Finance readies for less-disastrous relaunch
Yam is gearing up for its V3 release later this week after undergoing a security audit from PeckShield. Go to Source Powered by WPeMatico
Regulatory risks grow for DeFi as a ‘money laundering haven’
DeFi could fall under regulatory pressure if it is seen as a haven for money laundering. Go to Source Powered by WPeMatico
Privacy coins ‘pose less risk of money laundering than other coins’
Privacy coins aren’t a major money laundering risk a new white paper argues. Go to Source Powered by WPeMatico
Record $113M BUSD stablecoin inflow shows Binance is serious about DeFi
The rapidly growing market cap of Binance’s BUSD stablecoin shows the exchange is taking serious steps to become a major DeFi contender. Go to Source Powered by WPeMatico
Russian star transfers song rights on blockchain as major labels watch
Russian musician Oleg Kenzov transferred the digital rights to one of his songs through a government-backed blockchain platform. Go to Source Powered by WPeMatico
