Bahamians didn't want CBDCs — So now they're being forced to use them
Regulators in the Bahamas are sick of their citizens’ reluctance to adopt a CBDC, so they’re forcing commercial banks to get on board.
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Terra money website frozen to prevent more phishing scams
The freeze comes shortly after Terra’s website was compromised over the weekend by hackers who attempted to scam users via phishing attacks. 185 Total views 6 Total shares Layer-1 blockchain Terra has temporarily shut down its website in order to protect users from ongoing phishing scams on the platform.“The terra(dot) money domains have successfully been…

Berkeley Blockchain Xcelerator Reveals Projects for 2020 Cohort
The Berkeley Blockchain Xcelerator announced the selection of 17 startups for its third cohort, scheduled to take place in the spring of 2020. The accelerator is a joint venture between organizations on the California-based UC Berkeley campus.The venture, made up of the Sutardja Center for Entrepreneurship & Technology, Berkeley Engineering, the Berkeley Haas School of…

ApeCoin rebounds after APE price crashes 80% in two weeks: dead cat bounce or bottom?
APE risks crashing into unchartered price territory as it follows Bitcoin and the rest of the crypto market. 636 Total views 6 Total shares ApeCoin (APE) has undergone a sharp recovery after falling to its lowest level in two months. But its strong correlation with Bitcoin (BTC) and U.S. equities amid macro risks suggests more…

BONK, PEPE and SHIB are a menace to crypto
In 2013, the launch of a dog-themed crypto token as a private joke between a couple of software developers was a harmless piece of fun. The fact that Dogecoin (DOGE) has since amassed a market capitalization greater than $13 billion (as of Dec. 13) is beyond the understanding of most investors, but it seems like

Top-5 Crypto Performers: XLM, MIOTA, ETH,TRX, XRP
Bakkt Daily and Monthly Bitcoin Futures will launch on Sept. 22 at 8 p.m. EDT. This is likely to increase volatility in Bitcoin, which has been stuck in a tight range for the past few weeks. Expectations are that Bitcoin-settled contracts and the backing of the New York Stock Exchange will attract institutional players, who…

As the Old Dai Shuts Down, Maker Must Deal With Centralized Collateral Risk
The original MakerDAO (MKR) protocol shut down on May 12 at 4 PM UTC after an expedited shutdown procedure was initiated as a result of the Black Thursday events.With Single Collateral DAI, or Sai, only Ethereum (ETH) was usable as collateral for the lending platform. The upgrade to Multi Collateral DAI, which was launched in…

Courts Will Seize BTC With Miners’ Help: Self-Proclaimed Satoshi Craig Wright
Self-proclaimed Bitcoin (BTC) creator Craig Wright claims that Bitcoin can and will be seized to accommodate court orders.On Feb. 26, Bitcoin influencer Peter McCormack published screenshots showing Wright claiming that the first seizure of Bitcoin by courts will happen this year and won’t require private keys.Bitcoin seizure through miner coordinationInstead, it will supposedly happen through…

Adoption and nerves — Crypto pumps amid banking crisis
On March 19, the United States Federal Reserve announced that it had entered a joint program with several major central banks — including the European Central Bank, the Bank of Canada, the Bank of England, the Bank of Japan and the Swiss National Bank — to support U.S. dollar cash flow and alleviate strains in…