Bitcoin miner firm Ebang launches Ebonex crypto exchange
Cryptocurrency miner supplier Ebang has officially launched its own crypto exchange after an invite-only beta phase earlier this year. Go to Source Powered by WPeMatico
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Non-Fungible Token Sales Begin to Dive, NFT Interest Declines, Finance Author Highlights NFT Oversupply
Non-fungible token (NFT) assets and collectibles are starting to see sales decline and interest in NFTs is dropping as well. Additionally, it’s being said that an “oversupply of NFTs” may hurt the market, according to James Surowiecki the author of “The Wisdom of Crowds.” In 2021, non-fungible tokens have been all the rage and the … Read more
Bitcoin surge could be driving digital yuan interest, says People’s Bank of China
The central bank says strong interest in its CBDC project is partly being driven by Bitcoin’s recent surge, despite cryptocurrency still being banned in China. Go to Source Powered by WPeMatico
Nervos Network (CKB) gains 341% as DeFi and layer-2 development progress
Nervos Network rallied 341% in a month as plans to launch a DeFi platform and new layer-2 offerings bear fruit. Go to Source Powered by WPeMatico
China’s blockchain project BSN to integrate R3 Corda
Chinese banks will soon have access to a permissioned version of the Corda Enterprise infrastructure via the country’s Blockchain Service Network. Go to Source Powered by WPeMatico
Nic Carter takes aim at claims Bitcoin is an environmental disaster
Carter argues that mining is concentrated in areas where there is an excess of energy. Go to Source Powered by WPeMatico
First Brick & Mortar NFT Art Exhibition Debuts In Beijing
In an industry first, a physical exhibition for digital art in the form of non-fungible tokens (NFT) is set to launch in China, showcasing notable works from leading artists in the NFT space and the winning entries from a global digital artwork competition. Initiative Designed to Forge Greater Connections Between the Physical and Digital Art … Read more
Chinese Citizens Can Now Apply for the Digital Yuan Wallet Through 6 State-Owned Banks
Following the interview with Ma Changchun, the head of the People’s Bank of China-run Digital Currency Research Institute, a recent report indicates that residents from Beijing and Shanghai can now apply for a digital yuan wallet. According to the report, six different Chinese banks will participate in the process. Beijing and Shanghai Residents Can Apply … Read more
Bitcoin no longer a fringe asset due to US dollar debasement, says Soros Fund exec
Soros Fund Management’s CIO said that Bitcoin is no longer out on the fringes, thanks to the debasement of the U.S. dollar over the past year. Go to Source Powered by WPeMatico
China’s digital yuan os backup to AliPay and WeChat Pay, says official
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China. Go to Source Powered by WPeMatico