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Project mBridge may soon see significant expansion, according to Hong Kong Monetary Authority (HKMA) CEO Eddie Yue. He outlined the plans for the central bank digital currency (CBDC) project in a speech in Shanghai.Yue said tests have shown mBridge to provide faster, cheaper, more transparent cross-border payments. The project was
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PwC released its fifth annual global crypto hedge fund report on July 12 based on surveys of crypto-native and traditional hedge funds conducted in the first quarter of 2023. Against the backdrop of the recent crypto winter and continuing regulatory uncertainty in the United States and elsewhere, the report found
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There is a reason centralized exchanges have dominated despite being antithetical to crypto’s core tenets. The following opinion editorial was written by Bitcoin.com CEO Dennis Jarvis. The gross mismanagement and outright fraud in 2022 by many opaque centralized exchanges are driving people back to the core tenets of crypto, such as decentralization,
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Mining sites are currently being sold at an 85%-90% discount, he said. During the bull market, miners were selling facilities, without mining machines, for $1.5 million per megawatt. Today, the figure is closer to $100,000 to $150,000 per MW, he said. Source
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While censorship resistance and privacy are not the same thing, they are closely intertwined. When the government or another entity, such as an advertiser, can track everything you do, they can also sanction you for bad behavior. Instead of working backward to try and cover up seismic cracks in Web2
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Binance CEO Changpeng Zhao (CZ) says India is currently not a viable business environment for his cryptocurrency exchange, citing a strict tax regime. The executive explained: “Binance goes to countries where regulations are pro-crypto and pro-business.” Binance’s CEO on Indian Crypto Environment The CEO of cryptocurrency exchange Binance, Changpeng Zhao (CZ), does
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Popular podcaster Joe Rogan just gets Bitcoin (BTC). In his most recent podcast with Khalil Rountree, a renowned mixed martial (MMA) fighter, Rogan explained that BTC is something that the “government didn’t see coming.”“I think of Bitcoin the same way I think of the early internet. They [the government] didn’t
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Heroes of Mavia, the Binance-backed play-to-earn MMO strategy game, explore new opportunities in the eSports vertical. A new partnership with Tribe Gaming will position Mavia as the leading eSports-oriented title in the P2E blockchain gaming segment. Mobile gaming and eSports make for a potent mix. Numerous AAA games have mobile spin-offs
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Decent Labs has an opinion on what the future of DAOs should look like, and it’s baking it into a new set of tools. Original Source
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Smart-contract platform Avalanche’s ability to scale while remaining secure and decentralized makes it a credible alternative to Ethereum for DeFi projects, NFTs, gaming and other assets, Bank of America said in a research report.Avalanche’s subnet feature is increasing adoption, the bank said, with more than 380 projects built on the
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