Wednesday, April 23, 2025
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Citigroup Helping World Governments Build Digital Currencies, CEO Says

Citigroup Chief Executive Michael Corbat said his bank is helping governments “around the world” in creating sovereign digital currencies, otherwise known as central bank digital currencies, or CBDC.Speaking to David Rubenstein at a Friday Bloomberg event, Corbat made clear CBDCs are an “inevitable” development in the future of money. Citigroup,

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Ethereum 2.0 Beacon Chain Goes Live as ‘World Computer’ Begins Long-Awaited Overhaul

The first stage of the next-generation proof-of-stake (PoS) Ethereum 2.0 is now live as of 12:00 UTC Tuesday, according to Beaconcha.in.A generalized blockchain for decentralizing computer-based applications – from iPhone games to government bonds – Eth 2.0 has been under construction since the genesis of the current proof-of-work (PoW) network

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World Economic Forum calls blockchain key to sustainable digital finance

The World Economic Forum, or WEF, believes that blockchain represents a core element of sustainable digital finance — a new paradigm that combines emerging technology with environmentally conscious business models.In a new report published Wednesday, UBS executive Karin Oertli lists blockchain technology along with artificial intelligence, mobile platforms and the

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How Defi Open Finance Development Is Transforming Economies All Over The World

There are so many DeFi projects and tokens starting now changing how funds are managed. It is an open-source, permissionless, transparent, and trust-less system without any intermediaries. Some of the famous DeFi projects are Uniswap, Compound, Aave, and MakerDAO. Though DeFi Open finance development is at an early stage, it

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