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Bank of Japan to Launch Digital Yen CBDC Pilot Later This Year
22.2.2023
The Bank of Japan is preparing to launch a pilot test for a digital yen, its central bank digital currency (CBDC), later this year. Shinichi Uchida, executive director of the Bank of Japan, explained that the goals of this new pilot are to test the technical feasibility of the currency and...
LINE discloses its B-PLAN & vision for 2023
22.2.2023
LINE Blockchain has made a public declaration of its business plans for the year 2023. Along with that, there is also a mention of all of the past achievements and an overall vision statement of the company. In a broader sense, LINE plans to launch the public mainnet, along with introducing a...
Australian Crypto Gaming Firm Immutable Cuts Staff By 11%: Report
22.2.2023
Australian crypto gaming company Immutable is cutting 11% of its workforce, according to a report by The Sydney Morning Herald on Wednesday
Klaytn Foundation Proposes Burning 5.28B KLAY Tokens, Cutting Token Supply by Nearly 50%
22.2.2023
The proposal suggests an initial burning of 73% of the reserve supply, amounting to 5.28 billion KLAY tokens or approximately 48% of the total token supply
Hong Kong Backs Web3 With $6.4M in Annual Budget
22.2.2023
The city's Financial Secretary will lead a task force dedicated to development of virtual assets
Google Cloud to Become Validator on Tezos Network
22.2.2023
Google Cloud's corporate customers will be able to deploy Tezos nodes in order to build Web3 applications on the network
2022 Events Cast 'Serious Doubts' on Stablecoins as Money: BIS Chief
22.2.2023
Agustin Carstens, who has previously criticized stablecoins, said they do not benefit from the regulatory requirements and protections that apply to bank deposits
Lebanon Financial Crisis: Banks Torched After Pound Taps New Low Versus the US Dollar
22.2.2023
The Lebanese pound’s fall to its lowest ever versus the U.S. dollar, 80,000 to 1, has piled more misery on residents whose local currency-denominated savings have been decimated by inflation. The ongoing strike by banks demanding the passage of capital control legislation has compounded...
Layer 2 Network Arbitrum Surpasses Ethereum in Daily Transactions
22.2.2023
Arbitrum’s dominance among the layer 2 landscape continues to grow in quarter one of 2023, as the number of unique addresses on Arbitrum reaches an all-time high
Sam Bankman-Fried’s Lawyers Move to Squash Voyager Subpoena
22.2.2023
Counsel for the former exchange executive says the subpoena from Voyager is procedurally deficient, presents an undue burden, and potentially violates his fifth amendment rights
Kraken CEO: Regulators Let Bad Guys Get Big and Blow Up to Serve Their Agenda
22.2.2023
The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulators “let the bad guys get big and blow up because it serves their agenda.” The executive explained: “Bad guys operate with huge competitive advantages. They suck up users, revenue, and venture capital that would...
Solana-Themed Storefronts Close Shop, Ending Experiment in IRL Blockchain Evangelism
22.2.2023
Solana Spaces will close its New York City and Miami locations by the end of February
Kevin O’Leary Warns US Crypto Regulation Getting ‘Very Aggressive’ — ‘You’ve Got to Stay out of the Way of SEC’
22.2.2023
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned that U.S. crypto regulation is “getting very, very aggressive.” Noting that regulators are now “regulating by enforcement, penalties, and massive fines,” O’Leary emphasized the importance of staying...
First Mover Asia: Deconstructing Crypto's China Narrative
22.2.2023
US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’
22.2.2023
On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the United States. Additionally, the chief U.S. equity strategist at Morgan Stanley said...
Filecoin, Storj Tokens Outperform Bitcoin Amid Increased Use of Decentralized Storage Protocols
22.2.2023
The utility FIL token jumped 62% over the past week. Decentralized storage protocols recently gained attention as their use has increased, an analyst said
Caitlin Long Sees 'Coordinated Effort' Among Regulators for Custodia Rejection
21.2.2023
Custodia Bank’s CEO says crypto will find its way into the traditional banking system and regulators could be playing ‘whack-a-mole’ years down the road
Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower
21.2.2023
Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest...
Coinbase Q4 Revenue Beats Expectations, but Transaction Volume Falls 12% From Q3
21.2.2023
The crypto exchange reported its fourth-quarter earnings on Tuesday after the close
Cosmos Interchain Foundation allocates $40M for ecosystem development in 2023
21.2.2023
The ICF is also funding projects to drive Cosmos's adoption and use cases, including programs like the Interchain Developer Academy and Interchain Builders Program