Drex Brazilian CBDC pilot will work on privacy, DeFi in phase 2

On the eve of the 10th anniversary of the Bitcoin (BTC) white paper, Oct. 30, JPMorgan CEO Jamie Dimon found himself speaking yet again about the leading cryptocurrency, notwithstanding his track record of attempts to extricate himself from the debate.As CNBC reported Oct. 31, Dimon made his “reluctant” comments at the Axios conference in Los…

Jesse Powell is rethinking Kraken’s plan to go public which is set for late 2022, following the uninspiring performance of Coinbase stock (COIN) since its launch on April 14.Speaking with Fortune on June 11, Powell stated that in light of the performance on Coinbase’s direct public offering, the firm is now considering an initial public…

The celebrity was commissioned to record a promotional video for cryptocurrency, in which she forecast new all-time price highs for Bitcoin and Ether. 287 Total views 3 Total shares The crypto bull season — and the accompanying hype — is undoubtedly upon us. Recalling some of the celebrities who got in on crypto during the…

Crypto research and consulting Delphi Digital has launched a VC fund alongside an overhaul of its website. 496 Total views 12 Total shares Digital asset research and consulting firm Delphi Digital has launched a venture capital fund focused on emerging crypto asset projects.A July 30 announcement describes the move as allowing Delphi “to become more…

Institutional traders have locked $56 billion into Bitcoin investment products after inflows totaled $97.5 million last week. 3346 Total views 7 Total shares Institutional traders have locked a record sum of capital into Bitcoin investment products despite trade volume declining during the second half of 2021.According to CoinShares’ Nov. 15 “Digital Asset Fund Flows Weekly”…

As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar. 987 Total views 3 Total shares Stablecoin issuer Tether has announced it will be launching Bitcoin mining operations in Uruguay.In a May 30 announcement, Tether said it planned to start a…

Keith Gill, known for his role in the GameStop saga, surprises the market with a significant stake in Chewy, Inc.

The Libra Association, or which Facebook is a member, is seeking a payment system license under Switzerland’s Financial Market Supervisory Authority (FINMA) for its planned stablecoin project, Reuters reported on Sept. 11. “Regulated, low-friction, high-security” blockchain paymentsIn an official statement today, the Switzerland-registered Libra Association — a not-for-profit membership organization established to govern the Libra network…

Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether.