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Hong Kong Uncertain on e-HKD Issuance, Says Retail CBDC Needs More Study


As financial institutions worldwide explore the adoption of digital currencies, Hong Kong’s stance on its own Central Bank Digital Currency (CBDC), known as e-HKD, remains cautious. A recently published report by the Hong Kong Monetary Authority (HKMA) highlights both the opportunities...

NFT Sales Spike 12.62% Higher Than Last Week, Breaking Two-Month Downturn


Parsed data from the week spanning October 14-21, 2023, reveals an upward trend in non-fungible token (NFT) sales, with a 12.62% surge from the previous week. Both buyer and seller participation swelled, by 15% and 17% respectively, resulting in approximately $70.51 million in NFT transactions....

Ferrari Starts Accepting Crypto Payments for Luxury Sports Cars


Ferrari has reportedly begun accepting payment in cryptocurrency. The Italian luxury sports car manufacturer cited requests from both the market and dealers as the primary motivation for this decision. “This will help us connect to people who are not necessarily our clients but might afford...

Hardware Wallet Firm Trezor Rolls Out New Safe 3 Model, Metal Seed Backup 


Trezor, a leading hardware wallet manufacturing company, unveiled three new products on Thursday aimed at both novice and experienced cryptocurrency users who want to securely self-custody their digital assets. The Prague-based firm launched the Trezor Safe 3, the firm’s latest generation hardware...

Analyst Warns of US Dollar Collapse, Predicts Bitcoin Owners to Benefit


Global financial services firm Jefferies has warned of “the collapse of the U.S.-dollar paper standard to the benefit of both gold bullion owners and also owners of bitcoin.” He explained that the Federal Reserve, and other G7 central banks, “will not be able to exit from...

The Rise and Retreat: Bitcoin’s Ordinal Inscription Wave Ebbs


Since September 25, 2023, the trend of Bitcoin-based Ordinal inscriptions has notably waned, hitting its most subdued levels since mid-April. On October 3 and 4, fewer than 17,000 inscriptions made their mark on Bitcoin’s distributed ledger, as both the volume of inscriptions and associated...

The Overwatch League Grand Finals Were Both Beautiful And Depressing


On Sunday, October 1, the Florida Mayhem defeated the Houston Outlaws in the 2023 Overwatch League Grand Finals in Toronto, Canada. It was the team’s very first championship, and it could very well be their last—as well as the last championship awarded in the once massively popular esports league...

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