Central banks must revise business model, embrace CBDCs — ECB member
Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit.
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US lawmakers advance legislation blocking the digital dollar
On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States. 459 Total views 10 Total shares The United States House Financial Services Committee is moving forward with legislation aimed at preventing the issuance of a central bank digital currency. According to an announcement from

Smart Contracts Is Too Limiting a Name, Says Blockstack CEO
The potential benefits and applications of smart contracts go well beyond what their name suggests, the co-founder and CEO of blockchain software firm Blockstack has argued.In an interview with Cointelegraph on June 12, Dr. Muneeb Ali, who holds a Ph.D in computer science from Princeton University, said:“Just like cloud computing had implications for a broad…

Hyperbitcoinization is underway, RFK seeks Bitcoin donations and other news: Hodler’s Digest, May 14-20
Top Stories This Week Hyperbitcoinization coming, says Bitcoin OG as ‘wholecoiners’ hit 1 million Bitcoin has crossed a significant threshold this month — there are over 1 million addresses that hold at least 1 BTC. Data from Glassnode shows an escalating pattern with regard to the amount of so-called Bitcoin “wholecoiners.” If the trend continues,…

Bitcoin will hit new high ‘in near term’ as Buffett exits USD — Keiser
The Sage of Omaha is getting out of the world’s reserve currency, Max Keiser claims, and that’s a prelude to Bitcoin hitting a new record. The U.S. dollar is getting so weak that even Warren Buffett is getting out and Bitcoin (BTC) will see all-time highs, says Max Keiser.In his latest forecast for macro, the…

Allbridge offers bounty to exploiter who stole $573K in flashloan attack
The attacker behind a $573,000 exploit on the multi-chain token bridge, Allbridge, has been offered a chance by the firm to come forward as a white hat and claim a bounty.Blockchain security firm Peckshield first identified the attack on April 1, warning Allbridge in a tweet that its BNB Chain pools swap price was being…

Examining the Status of Stablecoin Minting and Burning Activities
As of June 4, six stablecoins — Tether (USDT), Gemini Dollar (GUSD), HUSD (HUSD), PAX Gold (PAXG), TrueUSD (TUSD) and USD Coin (USDC) — have had a total of more than 10,000 minting transactions so far in 2020, totaling $8 billion, with USDT issued on the Ethereum blockchain dominating the stablecoin landscape. The major stablecoin…

The blockchain revolution is already here, say Alex and Don Tapscott
Tech evangelists Alex and Don Tapscott believe blockchain will “rewrite the economic power grid and the old social order.” 698 Total views 16 Total shares According to tech evangelists Don and Alex Tapscott, blockchain technology will prove itself the most disruptive technology of the next decade.“We now have an Internet of value that can give…

Taiwan central bank says no rush for CBDC launch
The Central Bank of the Republic of China mentioned handling government tenders through special purpose tokens to improve operational efficiency using smart contracts for bids and performance bonds.