Category: Cryptocurrency

Sep 27
Russia aims to use CBDC for international settlements with China: Report

Russia is currently in the pilot phase of its CBDC development and is expected to complete the development by early next year. 2467 Total views 53 Total shares Russia is in the pilot phase of its central bank digital currency development (CBDC), and new reports indicate that the country could use its national digital currency […]

Sep 27
Galaxy Digital to provide market data to blockchains with Chainlink

Galaxy announced that they will provide market data so that smart contract developers can build better blockchain applications. 766 Total views 33 Total shares Despite the innovations brought about by blockchain technology, a blockchain by itself does not automatically come with market data. To fix this, the trading and asset management firm Galaxy Digital has […]

Sep 27
Bitcoin gains 5% to reclaim $20K, eyes first ‘green’ September since 2016

A classic snap of sideways trading action sees the Bitcoin price aim higher, but concerns remain over what happens next. 1191 Total views 51 Total shares Bitcoin (BTC) delivered long-anticipated volatility on Sep. 27 as a squeeze higher resulted in a push beyond $20,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price 9-day highs […]

Sep 27
Nuclear and gas fastest growing energy sources for Bitcoin mining: Data

The electricity mix of Bitcoin (BTC) has drastically changed over the past few years, with nuclear energy and natural gas becoming the fastest growing energy sources powering Bitcoin mining, according to new data. The Cambridge Centre for Alternative Finance (CCAF) on Tuesday released a major update to its Bitcoin mining-dedicated data source, the Cambridge Bitcoin […]

Sep 27
Yat Siu: Asia GameFi opportunity huge as gamers don’t hate NFTs

The Animoca Brands co-founder suggested that Asian gaming companies don’t have to deal with the same amount of pushback against NFTs that U.S companies have faced. 306 Total views 24 Total shares Animoca Brands co-founder Yat Siu thinks that GameFi has the biggest opportunity for growth in Asia, as gamers there don’t hold the same […]

Sep 27
FTX US wins auction for Voyager Digital’s assets

Voyager hints that its customers will eventually transition to the FTX platform after it finishes its chapter 11 bankruptcy proceedings. 609 Total views 16 Total shares Cryptocurrency exchange FTX US has secured the winning bid for the assets of crypto brokerage firm Voyager Digital with a bid valued at approximately $1.4 billion according to Voyager. […]

Sep 27
New Cosmos whitepaper repurposes ATOM token and refines vision

Interoperability-focused blockchain network Cosmos has dropped a new whitepaper proposing a revamped Cosmos Hub aimed at strengthening interoperability and security, along with key changes to its native ATOM token.  The new Cosmos whitepaper was released on Monday at the Cosmoverse conference in Medellin, Colombia. The upgrades outlined in the whitepaper are still technically in “proposal” […]

Sep 26
FTX, Binance and CrossTower are competing to buy Voyager Digital assets: Source

FTX and Binance reportedly seek to transition existing Voyager customers to their platforms whereas CrossTower has proposed to keep the existing Voyager platform and app. 406 Total views 33 Total shares Cryptocurrency exchanges FTX, Binance and CrossTower are competing to acquire beleaguered crypto lender Voyager Digital’s assets out of bankruptcy, according to insider sources.  According […]

Sep 26
Kraken’s incoming CEO: No plans to register with SEC

Dave Ripley says he doesn’t see a reason to register with the SEC as an exchange because Kraken does not offer securities to users. 2283 Total views 12 Total shares The newly appointed CEO of crypto exchange Kraken has stated that he has no plans to register the company with the United States Securities and […]

Sep 26
Australian pilot CBDC test for eAUD to commence mid-2023: RBA White Paper

The key objectives of the project are to identify and understand innovative business models, use cases, benefits, risks and operational models for a CBDC in Australia. 1916 Total views 48 Total shares Making it to the list of countries that intend to launch an in-house central bank digital currency (CBDC), the Reserve Bank of Australia […]