Ghana, Singapore conduct trade in semi-fungible token pilot project
Project DESFT is meant to encourage trade between small businesses using a CBDC and a stablecoin, with an emphasis on credentialing.
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Trader turns $1K into $750K trading Tron memecoin SunWukong
The anonymous trader’s Sun Wukong holdings surged to $750,000 at its peak, but he hasn’t sold a single token yet.

Wall Street Firms Advise Clients Against Investing in Crypto, Says Wealth Manager
Top U.S. banks JPMorgan Chase and Goldman Sachs could be talking their clients out of crypto, according to a wealth manager. 1049 Total views 26 Total shares JPMorgan Chase and Goldman Sachs are advising their clients against Bitcoin (BTC), according to one American wealth manager. Adam Pokornicky, chief operating officer at Digital Asset Investment Management (DAIM),…

Pomp’s Morgan Creek Raises $61M for Blockchain Fund, Targets $250M
Morgan Creek Digital has raised over $61 million for a blockchain fund to explore opportunities using distributed ledgers.On Oct. 18, the cryptocurrency asset management firm Morgan Creek submitted a filing for its second blockchain fund to the United States Securities and Exchange Commission (SEC) and has so far raised nearly $61 million from 11 investors.The…

Bank of Canada calls central bank digital currencies risky, especially storage
Is risk in the eye of the beholder? Canada's central bank, the Bank of Canada, recently put out a report on the risks and benefits of a central bank digital currency. "An anonymous token-based central bank digital currency (CBDC) would pose particular security risks," the Bank of Canada wrote in its Oct. 5 report. "These risks arise from how…

Collectibles giant Funko shares surge after acquiring NFT app Tokenwave
Among the first publicly-traded companies to jump on the NFT bandwagon, they won't be the last 2487 Total views 16 Total shares In a flurry of price action reminiscent of 2017 mania, shortly after announcing that they had acquired NFT display and tracking platform Tokenwave, pop-culture collectibles giant Funko’s stock (NYSE: FNKO) rallied over 20%. Unlike…

Binance to shut down crypto derivatives trading in Europe
Binance moves to suspend derivatives trading in Europe, starting with Germany, Italy and Netherlands. 2817 Total views 6 Total shares Troubled global cryptocurrency exchange Binance continues moving fast in curbing services to respond to the ongoing regulatory scrutiny worldwide, partly shutting down derivatives trading.Binance officially announced Friday that it would suspend its derivatives trading across…

New Malware Campaign Spreads Trojans Through Clone Crypto Trading Website
Twitter user and malware researcher Fumik0_ has discovered a new website that spreads cryptocurrency malware, according to a report by Bleeping Computer on June 5.According to the report, the host for transmitting these viruses is a website that imitates the website for Cryptohopper, a website where users can program tools to perform automatic cryptocurrency trading.When…

Bitmain Expands in South America as Its Market Share Drops to 66%
Bitmain, the world’s largest cryptocurrency mining firm, is expanding its distribution in South America by partnering with two crypto mining consulting firms.The Chinese mining mogul will extend its global exposure with Fastblock, which will be the primary distributor in Brazil, and Bit5ive, a Miami-based firm that will be distributing Antminers to over 30 countries in…