Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper

July 27, 2018
The Last Cryptocurency
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Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada’s central bank.

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Binance Exec Tigran Gambaryan Denied Bail by Nigerian Court

Tigran Gambaryan’s bail was refused by a Nigerian court on Friday.Nigeria has taken Binance and its executives to court and is pursuing tax evasion and money laundering charges.Detained Binance executive Tigran Gambaryan’s bail application was denied by a Nigerian court on the grounds that there is a likelihood that he will manage to jump bail

Orthogonal Trading is “Effectively Insolvent,” According to Maple Finance

Blockchain-based capital marketplace Maple Finance has cut ties with digital asset hedge fund Orthogonal Trading on allegations that the latter misrepresented its financial statements. Maple said assets within the Orthogonal credit pool remain secure and is expected to close without issue in Q1 2023. The Truth About Orthogonal In a blog post on Monday, M11…

Amazon Prime Membership Should Have Been a Tokenized Asset

Jul 16, 2020 at 16:57 UTCAn Amazon Prime delivery truck, downtown New Orleans, Louisiana. (Tony Webster/Flickr)Jeff Dorman, a CoinDesk columnist, is chief investment officer at Arca where he leads the investment committee and is responsible for portfolio sizing and risk management. He has more than 17 years of trading and asset management experience at firms…

Pi Network Turns 6: Latest Developments, Milestones, and Future Plans

TL;DR Since its 2019 launch, Pi Network has grown its ecosystem, introduced KYC verification, and recently launched its Open Network. However, delays and shifting deadlines continue to frustrate its community. Happy Birthday, Pi Network The cryptocurrency project, launched by a group of Stanford graduates, saw the light of day on March 14, 2019. During its

From Criticizing to Buying Bitcoin in Weeks: Norwegian Billionaire Joins the Club

Earlier in March, he called bitcoin “nonsense” and criticized its energy consumption levels. A few weeks later, the Norwegian billionaire, Øystein Stray Spetalen, said he was wrong about the first-ever cryptocurrency and even bought some for himself. Early March: Bitcoin is Nonsense The 58-year-old Spetalen is the founder of SD Standard Drilling Plc and Standard…

Q3 Sees Lowest Crypto Hacks in 3 Years, but $440M Is Gone Forever

The number of hacks in Q3 2024 has dropped to its lowest point in three years, with only 28 incidents, across which a total of $463.6 million was stolen. However, the overall outlook remains concerning as there’s no chance of recovering over $440 million of the stolen funds. Worst Recovery Rates Ever According to the

Here’s Where Users Buy Solana (SOL) The Most in the Last 3 Weeks: Kaiko

Solana has taken center stage, surging from $21 in mid-October to almost $45 the last week. After the downfall of FTX, SOL briefly dipped below $10, the recovery, however, was partly driven by surging activity on the network. The past month has seen a notable improvement in what initially was a challenging year for altcoins

First Mover Americas: BlackRock Received $100K Seed Funding for Its Spot BTC ETF

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesBlackRock (BLK) received $100,000 as “seed capital” for its proposed spot bitcoin (BTC) exchange-traded fund, the investment giant disclosed in a fresh application with the U.S.

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