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Namibian Central Bank Announces Plan to Launch CBDC


Johannes Gawaxab, the governor of the Bank of Namibia (BON), has said his organization is planning to launch a central bank digital currency (CBDC). The governor, however, warns the launch might have implications for financial stability. BON Researching CBDCs The BON governor, Johannes Gawaxab...

Celer Network & Flow Enter Partnership to Support NFT & Digital Asset Bridging


Flow recently entered a partnership with Celer Network, a multichain OS (operating system.) The two recently joined hands to support NFT and digital asset bridging to 20+ chains connected to Celer’s cBridge.  The integration will establish seamless multichain interoperability between the platforms....

South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats


The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity...

RegTech Africa Conference to Drive Growth and Shape the Digital Economy


Inaugural Advisory Council to promote innovation, diversity, and growth across the Continent LAGOS, NIGERIA, The maiden edition of the annual Regtech Africa Conference has been slated to hold on Wednesday 25th of May, 2022. The RegTech Africa Conference is the premier gathering of regulators...

Bolt Acquires Wyre for $1.5 Billion, Firm Aims to ‘Decentralize Commerce’


On Thursday, the payments and checkout and shopper network, Bolt has announced the firm plans to acquire the digital currency provider Wyre in a $1.5 billion deal. Bolt has explained the acquisition is aimed at bolstering cryptocurrency services and “the opportunity of Web3.” Payments...

Gran Turismo 7 Update Eases Up On The Grind After Fan Outrage


Last month Gran Turismo 7 director Kazunori Yamauchi apologised to fans angry at the state of the game’s microtransactions, announcing a credits handout and a promise to “dramatically change GT7’s car economy to help make amends” in the wake of some disastrous downtime. The first of those changes...

Report: Facebook Eyes ‘Zuck Bucks’ And NFTs As It Loses Users To TikTok


Facebook parent company Meta reportedly has plans to launch a new digital currency for the metaverse. Internally, employees at Meta are calling the unannounced currency “Zuck Bucks.” These new digital dollars won’t likely be connected to any kind of blockchain, but don’t worry; Meta, led by...

MMA Entertainment Giant UFC to Pay Fighters Bitcoin Bonuses


On April 7, the digital currency exchange Crypto.com announced that fighters from the mixed martial arts (MMA) promotion company, Ultimate Fighting Championship (UFC), will be able to win Fight Night bonuses that will be paid in bitcoin. Fight Night bonus payouts will vary depending on placement...

Hollywood Has Future in Blockchain, NFTs Says Outgoing Warner Media CEO


Jason Kilar, the outgoing CEO of Warner Media, has touted blockchain as a technology that could transform the entertainment industry. He also said the tech could bring about new forms of financing. Transforming the Entertainment Industry The outgoing CEO of Warner Media, Jason Kilar, has said...

Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions


The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such transactions. Employing Bitcoin to Evade...

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