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The recruitment phase of the 12-week program commenced Sept. 4 to coincide with the start of Korea Blockchain Week, which runs until Sept. 10, and has a particular focus on artificial intelligence, according to an announcement shared with CryptoX on Tuesday. Source
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The Brazil Central Bank Digital Currency will initially focus on wholesale interbank transaction payment solutions. Banco Central do Brasil (the Central Bank of Brazil) plans to include more participants in its digital currency scheme. The list, released by the bank on May 24, includes the names of all the participants with
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In total, the bank received 36 interest proposals from over 100 institutions from a number of different financial sectors, including payment institutions, cooperatives, public banks, crypto companies, financial market infrastructure operators, and payment settlement institutes. Original Source
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The digital asset ecosystem is broader and deeper than in the past, Tapiero said, and assets have lower correlations to bitcoin itself. Despite asserting that “I’m not hearing anyone say that Bitcoin is going to zero,” he said the existence of uncorrelated digital assets gives institutions the opportunity to expand
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According to metaverse platform, Metajuice, almost three out of four of the nonfungible token (NFT) collectors on its platform purchase NFTs for status, uniqueness and aesthetics.While current NFT sales are not as high as during the peak in 2021, the space still holds on, with users giving various reasons for
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The Global Crypto Classification Standard, for example, categorizes assets on three levels. The first deals with networks and protocols, be they cryptocurrencies (Bitcoin, Monero, etc), smart contract platforms (for example, Ethereum, Solana), decentralized apps (such as Aave, Uniswap) and so on. The second groups assets by industry and sector, including
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“That culture is not solely part of what’s happening in the subsidiary but it's often influenced by what’s happening in the parents,” Johnson said. She pointed out the CFTC lacked the oversight power to investigate FTX, which was based in the Bahamas at the time it sought Chapter 11 bankruptcy
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In an evidence inquiry session on crypto held by the Treasury Committee, the industry addressed negative questions, with some calling for more regulatory clarity. Source
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Ethereum’s Shanghai upgrade, the next major upgrade post Merge, is slated for the second half of 2023. The upgrade would be a key milestone as it would allow holders who have staked their Ether (ETH) for years to withdraw them systematically and make the network more scalable.Apart from some of
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