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The Nigerian High Court that is presiding over the e-naira trademark infringement case brought against the Central Bank of Nigeria (CBN), has ruled that Central Bank Digital Currency (CBDC) “may proceed on national interest” considerations. The ruling clears a crucial legal hurdle for CBN’s yet to be rolled out digital
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According to the World Bank’s report from 2017, approximately 1.7 billion people worldwide don’t have a bank account today.Not having access to this fundamental financial instrument is the main factor that stops them from realizing certain everyday functions. However, decentralized finance (DeFi) was created to meet all the requirements and
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The Cboe is known to be backing VanEck’s Bitcoin ETF move, which is similarly under consideration by the SEC.The Cboe BZX Exchange has backed the Fidelity-linked Bitcoin Exchange Trade Fund (ETF) application dubbed Wise Origin Bitcoin Trust. The move was confirmed in a 19b-4 form filed by the exchange and
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Every significant transformation comes with a new toolset, one that is always surprising at the time and obvious in hindsight. Bitcoin (BTC), climate change and GameStop are all examples of ways in which mass action is pushing for dramatic, not evolutionary, action. We can also see that these are individual
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Recent events surrounding the launch of Compound’s token seem to have been noticed by many other projects in the decentralized finance, or DeFi, ecosystem.In an interview with Cryptox, Framework Ventures’s co-founder Michael Anderson said that the token’s success may provide an example to follow for other DeFi projects who may
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The Sonic the Hedgehog movie scored a strong opening weekend. After raking in $100 million internationally, the film is on track to break records for video game movies. Combine this with the success of The Witcher on Netflix, and we’re on the cusp of a new era of game adaptations. Sonic the Hedgehog
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According to an all-new report released earlier this week, banking giant JP Morgan is currently in the process of facilitating a merger of its in-house blockchain unit called Quorum with Ethereum-based software developer ConsenSys. The deal is currently under negotiation and is likely to be finalized by the end
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