CBDC ‘may not be a compelling priority,’ says Kenya’s central bank
The central bank released its statement in response to comments on a CBDC discussion paper published in February 2022. Go to Source Powered by WPeMatico
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Mysten Labs’ Sui Network partners with F1 Red Bull racing team
The Red Bull team signed a $150-million sponsorship deal with crypto exchange Bybit in 2022 ahead of the market crash and major bankruptcies in the space. Go to Source Powered by WPeMatico
Crypto exchange Bybit exits Canada, citing ‘recent regulatory development’
Headquartered in Dubai, Bybit plans to leave Canada while exploring expansion into new markets like Kazakhstan. Go to Source Powered by WPeMatico
Tether moves into Bitcoin mining in Uruguay
As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar. Go to Source Powered by WPeMatico
Shaping the future of Web3 employment: Intropia joins Cointelegraph Accelerator
Intropia enables the development of a professional Web3 network with the help of on-chain profiles and introductions. Go to Source Powered by WPeMatico
NBCUniversal veteran will replace Elon Musk as Twitter CEO
Elon Musk announced his departure as Twitter CEO on May 11, suggesting his replacement would be a woman who would take over within roughly six weeks. Go to Source Powered by WPeMatico
Elon Musk announces he will step down as Twitter CEO
The soon-to-be former CEO will become Twitter’s executive chair and chief technology officer, overseeing product, software, and system operations. Go to Source Powered by WPeMatico
‘We screwed up’ — Coinbase CLO responds to outrage after exchange associated Pepe with hate groups
Paul Grewal said Coinbase was attempting “to provide a fact-based picture of a trending topic” to its users when saying Pepe “has been co-opted as a hate symbol” by certain groups. Go to Source Powered by WPeMatico
DCG settlement with Genesis still undecided as 30-day mediation period proceeds
The settlement plan proposed in February would give Genesis creditors 80% recovery of funds but many raised demands, leading to the mediation. Go to Source Powered by WPeMatico
Marathon Digital announces immersion crypto mining operations in Abu Dhabi
The mining firm expects the two facilities to be online by 2024 and produce a combined hash rate of roughly 7 EH/s. Go to Source Powered by WPeMatico