Crypto Biz: US dollar exposure via digital assets takes off

The rapid growth of the decentralized finance space, the rise in demand, the improvement of its protocols, and the breadth of offered services and opportunities will provide retail users with the options they are sorely lacking in the existing financial system. And it will enable institutions to move real-world assets onto the blockchain, generating untold…

Older Australian crypto investors outweigh the new generation in initial investment, but the younger crowd is more active in daily trading. 284 Total views 10 Total shares The average portfolio size on Australian cryptocurrency exchange BTC Markets has grown from $577.65 (795.5 Australian dollars) to $2,069.16 (2849.5 AUD) in the financial year 2021, signaling a…

Earlier this month, many blockchain media outlets, including Cointelegraph itself as well as Decrypt, Beincrypto and LedgerInsight, reported that Tunisia had become the first country to digitize its national currency on a blockchain platform. But that news was incorrect. The story was originally was broken on Nov. 7 by two Russian state-owned news agencies, Tass…

“Facebook seems to be the antithesis of what actual consumers want their digital futures to look like,” said Subversive Capital Advisor founder Michael Auerbach. 1104 Total views 9 Total shares An exchange-traded fund linked to companies involved with the Metaverse launched on the Cboe BZX Exchange — shorting shares of Facebook’s parent company, Meta.The Subversive…

GoodDollar believes that "digital basic income can work at scale, while effecting positive change on a global level.” 1070 Total views 10 Total shares A nonprofit initiative that leverages decentralized finance as a means to offer a digital income for its users has announced that people have now claimed more than 14 million of its…

A handful of government-backed financial institutions have been exploring tokenization use cases to revolutionize traditional financial systems. For instance, El Salvador’s Bitcoin Volcanic bond project has been in the works for over a year and aims to raise $1 billion from investors with tokenized bonds to build a Bitcoin city. The Central Bank of Russia has…

Multinational mining titan BHP Group expects to complete its first blockchain iron ore transaction with major Chinese steel producer Baosteel in the near future. 777 Total views 11 Total shares Multinational mining titan BHP Group expects to complete its first blockchain iron ore transaction with China’s Baowu Steel Group’s listed arm, Baosteel, in the near…

Colombia has positioned itself at the forefront of innovative ways to conduct legal proceedings after recently hosting a trial in the metaverse. 173 Total views 11 Total shares Own this piece of history Collect this article as an NFTA Colombian court recently hosted its first legal trial in the Metaverse, with the court magistrate saying…

Every four years in November, about halfway into each presidential term, voters in the US head to the polls to fill 36 state governor seats, all 435 seats in the U.S. House of Representatives, and about one-third of the 100 US Senate offices. Widely considered a referendum on a sitting president, midterm elections often produce…