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Central Bank Says CBDC Could Learn From Bitcoin, Rejects Decentralization


The move from fiat currencies to new central bank digital currencies appears to be gaining traction, as one of Europe’s biggest central banks admitted that (unspecified) parts of Bitcoin’s underlying technology could be used in creating a new type of currency. The paper, which was written by...

Consensys Cuts Hundreds of Jobs This Year – About 25% of Its Staff Slashed


Ethereum-based company Consensys has cut hundreds of jobs since January. In its latest action, the US-based blockchain development team confirmed it will slash more than 90 jobs – or 14% of its workforce – citing the global impact of Covid-19. The decision comes after a virtual town...

Central Bank of Argentina Tests Blockchain-powered System + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news The Central Bank of Argentina has started promoting a proof of concept based on blockchain. According to the emailed...

Federal Reserve Index: The US Is Already in Recession


The Federal Reserve Bank of Chicago’s monthly index has plunged, suggesting that the U.S. has entered a recession. The index is designed to gauge the overall U.S. economic activity and inflationary pressure. It is a weighted average of 85 monthly indicators. Fed Index Suggests the US Already...

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