Bank of Korea and BIS Prepare Wholesale CBDC Pilot


The Bank of Korea and the Bank for International Settlements (BIS) have announced a new pilot that will test the functionality of a Korean wholesale central bank digital currency (CBDC), which will serve as a tool for banks to settle interbank transactions and issue CBDC-backed digital currencies...

Quitting your job without fear is only possible with the shrewdest investment


The digital world, through cryptocurrencies, has provided a gateway for digital nomads to thrive. The crypto ecosystem has grown and evolved to allow enthusiasts to quit their 9-5 jobs and pursue careers in crypto, allowing them to live the lives of their dreams with freedom. While the ecosystem...

ProShares Launches Six Ether Futures ETFs, Expanding Crypto ETF Market


Investment management firm ProShares Advisors has introduced six new futures products for Ether, marking the cryptocurrency's debut in the ETF market.  The newly launched ETFs, released on Monday, offer investors exposure to Ether through futures contracts rather than direct investment in...

Chainalysis Lays Off More Staff in New Round of Crypto Job Cuts


Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop of a persistent bear market and increased regulatory...

Hong Kong Looks to Curb Retail Stablecoin Trading Amid Crypto Adoption


Hong Kong is considering measures to restrict retail stablecoin trading for individual investors in response to the increasing adoption of cryptocurrencies, as stated by a local official. It is important to note that retail stablecoin trading is currently not permitted in Hong Kong.... Read More:...

What Is ADA? A Brief History of the Proof-of-Stake Blockchain Network Cardano


On October 6, 2023, the cryptocurrency Cardano, known by its ticker ADA, is ranked as the eighth-largest in market capitalization, valued at just over $9 billion, or 0.817% of the $1.08 trillion cryptocurrency market. As the digital currency landscape evolves, ADA has emerged as a key contender....

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