Cryptocurrency Analysis and News Portal
This is why our organization, Fight for the Future, has released a letter signed by 40+ open-source, decentralized and/or privacy-preserving projects that asks lawmakers to protect a pro-privacy future. Signatories on this letter include Tor, The Blockchain Association, Nym, Protocol Labs, Proton, Zcash, Tutanota and Mysterium. Source
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Bank of America says “digital currencies appear inevitable,” adding that central bank digital currencies (CBDCs) and stablecoins are “a natural evolution of today’s monetary and payment systems.” The bank expects “private sector beneficiaries to emerge in all phases of CBDC implementation.” Bank of America on Future of Money and Payments Bank of
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The small Nordic country of Norway may not be particularly notable on the global crypto map. With its 22 blockchain solution providers, the nation doesn’t stand out even at the regional level. However, as the race to test and implement central bank digital currencies (CBDCs) accelerates every day, the Scandinavian nation
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It looks as if the bear cycle is going to claim another high-profile crypto company. On Jan. 19, Digital Currency Group’s (DCG’s) lending subsidiary, Genesis, filed for Chapter 11 bankruptcy. Here we have yet another industry giant with a tale of incestuous lending, little risk management to speak of
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The crypto finance firm filed for Chapter 11 bankruptcy yesterday, with debts around $3.5 billion. Source
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The rate and reach of cryptocurrency adoption in recent years signals the dire need for modern regulations that simultaneously safeguards investors and enables innovation to flourish. As it stands, most crypto tokens fall within a regulatory gray area as they don’t fit within the confines of the traditional financial system
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The Chinese central bank has launched smart contract functionality for its digital yuan amid new use cases.China recently launched smart contract functionality on its digital yuan via one of its prominent indigenous e-commerce apps, Meituan. Through this newly-enabled smart contract, users could win part of a daily monetary price ($1,312)
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The smart contracts used by Meituan are used to divide up a daily prize of 8,888 RMB ($1,312), according to local media outlet 8btc, which is focused on cryptocurrency and Web3 reports, and other mainstream internet media outlets in China. When a user places an order with the app and
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According to the filing, Candy Digital had raised $38,449,997 from 14 investors in an equity offering, more than half of the $68,188,480 overall that the company is seeking to raise in the sale. The offering opened on Jan. 3 – the day before CNBC reported that Fanatics was selling its
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According to local news outlet News1, Busan, South Korea will establish a decentralized digital commodities exchange. Officials said the platform is scheduled to start operations this year and will support local cultural content via digital assets.“Taking advantage of the strengths of Busan, such as the Busan International Film Festival, G-Star;
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