CBDCs on the horizon: The current state of CBDC initiatives around the world

Developers pointed out the "monopolization of content and data" in centralized social media platforms as a need to create a decentralized alternative. 304 Total views 1 Total shares Via a July 6 announcement, decentralized social media protocol DeSo has issued a $1 million bounty for building a competitor to Reddit using its native blockchain. In…

The state financial regulator alleged that Celsius violated state security laws by offering high crypto interest rate accounts to customers and unethically using clients’ funds to invest in illiquid products. 238 Total views 42 Total shares Vermont's Department of Financial Regulation (DFR) issued a warning against troubled crypto lending firm Celsius on Tuesday, reminding users…

Ethereum co-founder Vitalik Buterin says the Ethereum blockchain is almost full. In an interview with The Star published Aug. 19, he said the hurdle that faces big organizations interested in the Ethereum ecosystem is the still-thorny matter of the blockchain’s scalability.“Scalability is a big bottleneck”Buterin’s stark comments were made as part of a discussion of…

Decentralized finance has quickly risen to prominence, largely driven by the fact that there is over $11 billion of total value locked in the sector. While it makes sense that DeFi — a space characterized by terms such as "yield farming" and "meme tokens" — has captured the majority of the cryptocurrency sector's attention, the…

Blockchain protocol EOS found itself at the center of fresh controversy Nov. 9 after evidence emerged on social media appearing to show a moderator reversing transactions which had already been confirmed.According to Reddit user u/auti9003, a dispute allegedly involving a phished EOS account was referred to one of the platform’s so-called “arbitrators” who decided to…

Bitcoin (BTC) hitting its highest in over a year was different from the 2019 bull run because exchange balances fell, a new report says.Published on Sep. 21 and seen by Cointelegraph, Delphi Digital’s Bitcoin Outlook highlights unique trends in BTC price action.Report: Bitcoin hodlers now have “longer time horizons”According to the three researchers who compiled…

Top cryptocurrency exchange Binance has partnered with public blockchain protocol Shyft Network as it readies itself to comply with Financial Action Task Force (FATF) regulations.The Shyft Network was designed to provide a decentralized solution for crypto industry players to fulfill global compliance standards, including the FATF’s “travel rule.”In a statement shared with Cointelegraph on Feb.…

The suspect has claimed over 40,000 STRK coins that belonged to victims, before converting them to over $90,000 USDT.