Inflation is killing us; cryptocurrency alone cannot beat it
Traditional currencies are failing, and research has shown that cryptocurrencies may be susceptible to the same shortcomings. Go to Source Powered by WPeMatico
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‘Atomic Settlement’ — New York Fed Completes First Phase of Digital Dollar Experiment Called ‘Project Cedar’
The Federal Reserve Bank of New York has published findings stemming from an experiment dubbed “Project Cedar,” a protocol that uses a wholesale digital dollar in order to improve financial transactions. Michelle Neal, head of the bank’s Markets Group remarked on Friday that the research “indicated that settlement could occur in fewer than 10 seconds … Read more
Mark Cuban-Backed Multichain Wallet Launches $3 Million Aptos Ecosystem Fund to Onboard New Users
Blocto, a multichain wallet has announced the launch of a $3 million Aptos Ecosystem Fund whose objective is to help onboard new users to Aptos. Besides financially supporting projects, the Aptos fund will be used to back standout projects when they get to the “user acquisition phase.” Access to Aptos’ in-House and External Investor Base … Read more
Traditional firms likely won’t be leading the charge in the next generation of Web3 games — WAX CEO
“I actually think the first big games that have multimillion persistent users daily — those will come from new startup studios,” said William Quigley. Go to Source Powered by WPeMatico
What will Crypto Twitter look like post-acquisition? Blockchain executives share their insights
Many stakeholders expressed a desire to see more decentralization on the quintessential social media platform for the blockchain industry. Go to Source Powered by WPeMatico
Report: Zimbabwe Proceeding With Digital Currency Plans, Central Bank Undeterred By Slow Adoption of Nigerian CBDC
Undeterred by the reported slow adoption of the Nigerian central bank digital currency, the deputy governor of the Reserve Bank of Zimbabwe, Innocent Matshe recently said his institution will proceed with plans to launch its own digital currency. In addition to sending a team to learn from the Central Bank of Nigeria’s experiences, Zimbabwe has … Read more
Crypto executives discuss the emergence of Web 3.0 tech hubs around the world
While the San Francisco Bay Area and Miami are the traditional top picks, Singapore or the choice of just about anywhere in the world with stable internet have also been gaining in popularity. Go to Source Powered by WPeMatico
Gamestop NFT Marketplace Is Now Live on Immutable X, Market Features Web3 Games
After announcing the non-fungible token (NFT) marketplace seven months ago, the American consumer electronics and gaming merchandise retailer, Gamestop, has officially launched the company’s NFT market on Immutable X. In addition to NFTs, Gamestop’s marketplace also features Web3 gaming with games like “Gods Unchained,” and the DC Comics NFT trading card game “Hro.” Gamestop Reveals … Read more
5,000 miles apart: Thailand and Hungary to jointly explore blockchain tech
The pact between the two nations’ financial technology associations will see cooperation on technology, including blockchain, to power their respective financial industries. Go to Source Powered by WPeMatico
The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales
While non-fungible token (NFT) sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than $40 billion. Moreover, the NFT marketplace platform Opensea captured over $32 billion worth of sales as the NFT market platform currently dominates the top five … Read more