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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SBF and FTX fraud ‘aided and abetted’ by Silvergate Bank, alleges lawsuit
The filing is the latest proposed class action in a string of lawsuits aimed at Silvergate over the last two months about its links with Sam Bankman-Fried and defunct crypto exchange FTX. 146 Total views 3 Total shares Own this piece of history Collect this article as an NFTSilvergate Bank and its CEO Alan Lane…
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Shiba Inu founder deletes social media posts, steps down from community
Pseudonymous Shiba Inu (SHIB) founder ‘Ryoshi’ has walked away from the community after deleting all of their Tweets and blog posts this week. Much like Bitcoin (BTC) founder Satoshi Nakamoto, Ryoshi’s identity has remained unknown since the project launched in August 2020. Additionally, they have also held a hands-off approach to the memecoin much like…
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Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Dear JK Rowling: Bitcoin is Magic
As part of a recent tweet calling all novelists to message her with their questions on Bitcoin, journalist Leigh Cuen publicized a tweeted response from none other than beloved Harry Potter author, J.K. Rowling. "I don’t understand Bitcoin," Rowling said, adding, "Please explain it to me."Dear JK Rowling:The first thing you need to understand is…
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The singularity: How AI could become the final boss whale of crypto
World-renowned futurist Ray Kurtzweil says the singularity is coming sooner than expected.
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DForce Loses 99.95% of Funds in Latest Test of DeFi’ Resilience
Leading Chinese DeFi protocol has lost 99.95% of locked funds in a nearly $25 million hack. 1345 Total views 52 Total shares Chinese decentralized finance, or DeFi, protocol dForce has been exploited in a $24.95 million hack that has resulted in its Lendf.Me lending platform going offline.According to DeFi data aggregator DeFi Pulse, the total…
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DeFi plummets: 3 reasons for the 46% correction from YFI, UNI, DEX tokens
After outperforming Bitcoin (BTC) and Ether (ETH) strongly in August, Decentralized Finance (DeFi) tokens are now plummeting as many registered losses of up to 50%. Cryptocurrency daily market performance snapshot. Source: Coin360At the moment, the two coins garnering the most attention are Yearn.finance (YFI) and Uniswap (UNI) as both have dropped by 46% and 48% since…
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GPT-4 apps BabyAGI and AutoGPT could have disruptive implications for crypto
Crypto users are getting excited over the prospect of automating their trades with future-facing technologies built with the GPT-4 API. 778 Total views 2 Total shares Own this piece of history Collect this article as an NFTA recent spate of applications built on OpenAI’s GPT-4 API has the crypto community buzzing with designs toward the…