Bank of Russia Considers Issuing Digital Ruble, Starts Public Consultations

Not since Facebook/Meta’s failed digital currency Libra/Diem has a crypto project elicited as much angst and hyperbole as Worldcoin, the biometrics proof-of-human project co-founded by Open AI founder Sam Altman.Clearly, many people are enthusiastic about this project, which Worldcoin posits as a way to empower humanity in the face of artificial intelligence’s rapid expansion, with…

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated . CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial

Decentralized finance (DeFi) protocol ether.fi has rolled out a liquid staking token (LST) that allows users to generate rewards by staking ether (ETH).Decentralized finance refers to financial activities, like lending and borrowing, carried out on the blockchain without traditional intermediaries. The sector emerged in early 2020, in a period which was dubbed DeFi summer, and

The number of bitcoin ATMs installed worldwide sank to a two-year low this month, according to data from AltIndex.Since the end of last year, the number installed has dropped 7,000, or 17%, to 32,500, AltIndex said on Wednesday. That follows an increase from 34,500 at end-2021.The U.S., which hosts the largest number of machines, saw

Jun 24, 2020 at 16:05 UTCUpdated Jun 24, 2020 at 16:22 UTCPaxos CEO Chad Cascarilla said his company's BitLicense application was 1,000 pages long. (CoinDesk archives)BitLicense at 5: For Startups Regulated Overseas, New York Isn’t So ToughWhen the BitLicense was introduced in 2015, 15 crypto firms including international players like Hong Kong’s Bitfinex and Swiss…

news The NBA’s Sacramento Kings are the first U.S. professional sports team to develop a crypto token for fan rewards. “Fans can get those points and put them in their wallets and experience it all on the blockchain platform,” Kings CTO Ryan Montoya told CoinDesk. Further, Montoya said the token, called Kings Token, will pair…

There has been much consternation in traditional markets of late, with a variety of reasons to blame. First, the Bank of Japan raised interest rates to combat the falling yen, causing traders to unwind yen-carry trade positions. Second, worries around U.S. economic growth came to the fore after a series of disappointing releases, especially the

news Blockchain-based mobile voting platform Voatz has raised $7 million in a Series A round led by Overstock’s Medici Ventures and Techstars. Urban Innovation Fund and Oakhouse Partners also participated in the funding, according to an announcement provided to CoinDesk Thursday. Voatz said it will use the investment to develop the accessibility and usability of its…