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Soros CIO: Central Bank Digital Currencies a Real Threat to Crypto but Won’t Permanently Destabilize Bitcoin
29.3.2021
Soros Fund Management’s chief investment officer (CIO) says that central bank digital currencies are a potential threat to bitcoin and other cryptocurrencies but it will only be temporary. She also says that bitcoin is taking some of gold’s buyer base away. Crypto’s...
Payment Giant Visa Integrates USDC Stablecoin Support for Settlement
29.3.2021
On Monday, the American multinational financial services corporation Visa announced that digital currency payments have arrived on Visa’s settlement platform. The payment giant revealed that the company will leverage USD coin (USDC), the regulated token built on top of the Ethereum network....
New Zealand Fund Invests 5% in Bitcoin— CIO Says You ‘Can’t Really Discount Bitcoin’
29.3.2021
A New Zealand hedge fund, NZ Funds Management, which had $350 million worth of assets under management at the end of December 2020, says five percent of its money is invested in bitcoin. According to the firm’s CIO James Grigor, ​bitcoin is also set to be featured in more of...
Boomers Next to Adopt Crypto, a Trillion Dollars Could Flow Into Bitcoin Over the Next Year, Says Novogratz
29.3.2021
Galaxy Digital CEO Mike Novogratz has predicted that as much as a trillion dollars could flow into bitcoin over the next year as wealthy baby boomers get into cryptocurrency. With the example of Morgan Stanley, he says that more banks will start offering bitcoin exposure to their customers....
The Fed Plans to Unveil Digital Dollar Prototypes in July
28.3.2021
The Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) plan to unveil two prototypes of a digital dollar as early as July. Digital Dollar Prototypes...
Smells like NFT spirit? Look Labs launches first digital fragrance
28.3.2021
An NFT version of Cyber Eau De Parfume is now available for auction on Rarible. The NFT was designed in collaboration with Montreal-based artist Sean Caruso
Interest from China, Co-Mining and a Grayscale Trust Gives Filecoin’s Market Cap a Valuation Lift
28.3.2021
Over the last seven days the project filecoin, a cryptocurrency, and blockchain-based cooperative digital storage network climbed 61% in value and 493% during the last three months. Regional reports from China also show that the computer hardware giant based in Shenzhen, Xinyuan Technology Co.,...
'Shop Contest: National Something On A Stick Day
28.3.2021
Oh hey, you probably expected something about a boat or a canal. Nah. We doing food on a stick! To celebrate National Food On A Stick Day! Read more
Sunday Comics: The Ultimate Life-Form
28.3.2021
Hello! It’s time for Kotaku’s Sunday Comics, your weekly roundup of the best webcomics. The images enlarge if you click on the magnifying glass icon.Read more
Russian Anti-Money Laundering Body Will Monitor Crypto to Fiat Transactions, Says Official
28.3.2021
Herman Neglyad, the deputy of the Russian anti-money laundering body, Rosfinmonitoring, has said his organization will monitor cryptocurrency transactions that involve the conversion from crypto to fiat. Neglyad made this revelation during a recent meeting of the State Duma Committee on financial...
Skrill Continues Its American Crypto Market Expansion by Partnering Up With Coinbase
26.3.2021
By embedding Coinbase-powered solutions in its platform, Skrill adds 11 more American states to its service list, enabling more users to buy and sell cryptocurrencies easily. Integration Opens Doors for Paysafe’s Skrill Users to Instantly Buy and Sell Cryptocurrencies In another strategic...
Persistence Listing and Integration on AscendEX
26.3.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of Persistence tokens (XPRT) under the pair USDT/XPRT on Apr 1 at 9:00 a.m. EDT. There will be an auction on Mar 31 at 9:00 a.m. EDT....
First Brick & Mortar NFT Art Exhibition Debuts In Beijing
26.3.2021
In an industry first, a physical exhibition for digital art in the form of non-fungible tokens (NFT) is set to launch in China, showcasing notable works from leading artists in the NFT space and the winning entries from a global digital artwork competition. Initiative Designed to Forge Greater...
Chinese Citizens Can Now Apply for the Digital Yuan Wallet Through 6 State-Owned Banks
26.3.2021
Following the interview with Ma Changchun, the head of the People’s Bank of China-run Digital Currency Research Institute, a recent report indicates that residents from Beijing and Shanghai can now apply for a digital yuan wallet. According to the report, six different Chinese banks will...
Former OCC official says crypto has backing but dollar ‘may not’
26.3.2021
Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.”
Catalytic event or unbridled optimism? Coinbase approaches public listing
26.3.2021
Is a $100-billion valuation justified? Profit margins could tighten with increased competition
China’s digital yuan os backup to AliPay and WeChat Pay, says official
26.3.2021
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China
RBI Governor Says Government and Central Bank Agree on Cryptocurrency Approach
26.3.2021
RBI Governor Shaktikanta Das says that there is no difference of opinion between the Reserve Bank of India (RBI) and the finance ministry on cryptocurrencies. While the finance minister said that the government will not shut off all options and will take a calibrated position regarding crypto...
Our Man in Shanghai: Digital yuan tests, ‘bear market’ and ‘NFT’ searches spike
26.3.2021
Digital RMB testing for cross border payments and electric vehicles continues, sentiment takes a dive and blockchain events return to meatspace
Jamaica's central bank taps Irish tech outfit for CBDC project
26.3.2021
The Bank of Jamaica has partnered with an Ireland-based tech firm for its central bank digital currency project scheduled to begin in May