BIS consultative group proposes retail CBDC architecture

IBM, CSIRO’s Data61 and law firm Herbert Smith Freehills have partnered on a new Australian consortium to build a cross-industry blockchain-based smart contracts platform for enterprises, according to a press release published August 29.Data61 is a digital innovation center that forms part of the Commonwealth Scientific and Industrial Research Organisation (CSIRO) – an Australian government…

On July 22, 2020, the United States Office of the Comptroller of the Currency published a letter clarifying that national banks and federal savings associations can indeed take custody of cryptocurrency assets. In the letter, Bitcoin was also acknowledged as “the first widely-adopted cryptocurrency.” On the same date, VISA, one of the largest payment companies with…

Originally set to unlock over three years, the tokens will now become accessible for early contributors and investors over five years, beginning on July 24, 2024.

As Litecoin (LTC) celebrated its eighth birthday on Oct. 13, its founder Charlie Lee had to fend off crypto Twitter’s FUD — fear, uncertainty and doubt — about the altcoin.Lee’s original post was the exuberant announcement that:“Litecoin network has been up and running continuously for the past 8 years with zero downtime. And in that…

After completing the latest purchase, Metaplanet holds a total of 203,734 BTC bought at the average price of around $62,000 per BTC.

Eddie Alvarez has been convinced to buy into Bitcoin by fellow former MMA champion Ben Askren, saying that he “can’t sit on the sidelines any longer.” American mixed martial artist and former UFC lightweight champion, Eddie Alvarez, has bought one Bitcoin (BTC). In a tweet, May 7, he claimed he “can’t sit on the sidelines…

China’s room-temperature time crystals could radically affect the timeline for the arrival of useful quantum computers.

The Galaxy CEO seems unfazed by the carnage in the BTC mining sector this year, and outlined that the firm is looking to significantly ramp up its mining initiatives. 162 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTGalaxy Digital Holdings CEO Mike Novogratz has called the Helios mining…

The global decentralized finance (DeFi) market size was valued at $11.78 billion in 2021. This number is expected to increase as DeFi advances, yet it is still in its infancy. Therefore, a number of banks and traditional financial institutions still tend to be unaware of DeFi’s potential. While this may be, industry experts within the crypto…