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

The financial services giant has filed paperwork with the SEC to launch a debt instrument linked to 11 crypto-focused firms. 2014 Total views 15 Total shares JPMorgan Chase has designed a new debt instrument that provides investors direct exposure to a basket of crypto-focused companies, according to a new filing with the United States Securities…

Bitcoin (BTC) Bitcoin price closed the week at $7,126 with highs of $7,306 and lows of $7,472. This represented a gain of 3.16% and a fifth consecutive week of buying pressure since the sharp drop into $3,000s, which was quickly rejected.Bitcoin has begun the week with a sell-off, with prices pushing below $7,000, following traditional…

The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency. South Korea's central bank, the Bank of Korea, has formed a legal advisory group to evaluate issues surrounding a potential central bank-issued digital currency (CBDC) launch.According to a press release the central bank…

Users imply that the unnamed VC firm’s actions had revealed its significant influence, which could be seen as a mistake, undermining the decentralized values.

Adam Dell, brother of the billionaire Michael Dell, has pinched an impressive team to help get the project started. 1061 Total views 6 Total shares The former Head of Product for “Marcus by Goldman Sachs” has launched a crypto investing app, “Domain Ventures,” raising $33 million from investors on Jan 25. Adam Dell, brother of…

People are living longer in the 21st Century, but what's less recognized is that, despite our increasing longevity, we're also getting sicker. According to research, the number of people over 65 afflicted with at least four medical conditions is on course to rise by 100 percent by 2035. As can be imagined, such a jump…

Brainard says if crypto remains unregulated as it is integrated into the larger financial system, it will bring risks of instability of the type currently being seen. 138 Total views 16 Total shares Regulate now or regret it later, United States Federal Reserve Board vice chairperson Lael Brainard told an audience at a Bank of…

The price of Bitcoin (BTC) surpassed $14,000 on Oct. 31, the day Satoshi Nakamoto released the Bitcoin whitepaper in 2008. Since then, the world's biggest cryptocurrency has seen remarkable and exponential growth across various areas.The daily price chart of Bitcoin. Source: TradingView.comFast forward 12 years, since the October 31, 2008 release of the whitepaper, Bitcoin…