Australian bank joins Project Guardian to explore RWA tokenization
Major Australian bank ANZ is interested in exploring how it can move its Australian dollar-backed A$DC stablecoin between blockchains.
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Isaiah Stone won $100,000 worth of Bitcoin in a Voyager Digital-sponsored NBA shootout event. 1127 Total views 7 Total shares A Dallas Mavericks fan won $100,000 in Bitcoin (BTC) after making a series of shots in a National Basketball Association (NBA) shootout event sponsored by crypto brokerage firm Voyager Digital. Isaiah Stone, the winner of the…
Bitcoin price and energy use for mining highly correlated: UN Report
A recent study conducted by the United Nations (UN) suggested a direct correlation between the price of Bitcoin (BTC) and the energy needed for mining operations.The UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global Bitcoin mining network consumed 173.42 Terawatt hours of electricity. During
South Korean financial watchdog seeks to ban privacy coins within the country
Virtual asset service providers in the country will not be allowed to handle “dark coins.” 875 Total views 14 Total shares According to a Nov. 3 announcement from South Korea’s Financial Services Commission, or FSC, virtual asset service providers within the country will no longer be able to handle any digital assets that present a…
Sahara AI secures $43M to develop collaborative, decentralized AI platform
Sahara AI’s funding round was led by Pantera Capital, Binance Labs and Polychain Capital, with participation from Samsung and Matrix Partners, among other investors.
Could NFTs and crypto help Japan’s ‘Cool Japan’ strategy?
Japan has consistently been a leader in the tech industry, so it’s a logical step forward that, given current trends in the space, the Cool Japan movement might incorporate Web3 to strengthen its initiative. Bringing Web3 into the mix alongside the popular culture aspects of the movement could prove a boon for the mission, but…
Australian prudential regulator releases roadmap for cryptocurrency policy
The Australian Prudential Regulation Authority foresees enacting requirements for bank exposure, operational risk and stablecoins by 2025. 327 Total views 4 Total shares The Australian Prudential Regulation Authority, or APRA, published a letter to regulated entities Thursday setting out risk management expectations and a policy roadmap for the regulation of crypto-assets through 2025. “While activities…
Green Policy and Crypto Energy Consumption in the EU
Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electricity, currently produced predominantly using coal and fossil fuels that adversely impact the environment. A global shift toward green energy will require the removal of the existing regulatory barriers on technology, infrastructure,…
Tap-to-pay Bitcoin Lightning Bolt cards strike El Salvador
CoinCorner, a Bitcoin Lightning-based card payment service provider, is looking to install NFC card readers across El Salvador to offer a seamless retail BTC experience. 294 Total views 25 Total shares