Bank of Canada just says no to retail CBDC in reshuffling of priorities
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.
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There’s no denying that over the past couple of years, the narrative that Bitcoin (BTC) consumes too much power has continued to garner an increasing amount of mainstream traction. However, what sometimes gets ignored is that in recent months, an increasing number of Bitcoin miners have moved toward the use of power sources driven primarily…
BitGo patches critical vulnerability first discovered by Fireblocks
BitGo has patched a vulnerability that threatened to expose the private keys of retail and institutional users. 514 Total views 6 Total shares Own this piece of history Collect this article as an NFTCryptocurrency wallet BitGo has patched a critical vulnerability that could have exposed the private keys of retail and institutional users.Cryptography research team…
Decentralized Platform Qtum Introduces Bitcoin Atomic Swaps to Its Mainnet
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SEC Commissioner Peirce Asks ‘Who Did We Protect?’ in Telegram Shutdown
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Main Barrier to CBDC Is Philosophy Not Tech, Says European Central Bank Rep
European Central Bank executive board member Yves Mersch believes that the main impediment for CBDC is philosophical rather than technological. A number of countries such as China and Sweden are already experimenting with central bank digital currencies, which are also referred to as CBDCs. The implementation of this new type of money requires a number of aspects…
‘No Capitulation’ — Bitcoin Miners Completely Unfazed by Price Drop
Bitcoin (BTC) is not seeing capitulation among miners despite its price dipping over 15% in the past week, new data suggests.According to estimates of Bitcoin’s hash rate from monitoring resource Coin Dance, participation remains as strong now as before the price drop. Hash rate refers to the amount of computing power dedicated to maintaining the…
Nvidia Expects to Finish Selling Leftover Inventory From Crypto Bear Market by Q1 2019
Major global chip maker Nvidia expects to complete sales of remaining inventory built up in expectation of crypto mining demand, according to a Bloomberg report on March 19.The company is now working on selling the crypto-oriented inventory that remained unsold as the crypto bear market continues. The firm predicted that it would be able to…
Celsius reportedly seeks advice from lawyers on restructuring
Celsius reportedly onboarded attorneys to find different solutions to the current financial challenges that the company is facing. 962 Total views 6 Total shares Crypto lending platform Celsius Network (CEL) has onboarded restructuring lawyers from Akin Gump Strauss Hauer & Feld to find potential solutions to the firm's financial woes. The firm is reportedly looking for…