Hut 8 pays off $38M Anchorage Digital loan as it looks at AI expansion
Anchorage Digital converted the debt into common stock at a 51% premium.
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COVID-19 Crisis to Boost CBDC Development Worldwide: Report
The Bank for International Settlements (BIS) expects the COVID-19 crisis’ impact on retail payments to have a knock-on effect on the development of central bank digital currencies (CBDC).The BIS is an organization based in Switzerland made up of 60 of the world’s central banks, and has previously released a number of major reports focused on…
Games need decentralized randomness to be fair
Quantum mechanics tells us that what looks like a highly predictable and orderly universe is built on a world of unpredictability and mere probability. While the quantum world looks bizarre, it can be understood and even harnessed for technology like semiconductors, LEDs, and quantum cryptography. Something similar can be said about randomness in the metaverse.
FLOW faces 20% crash risk after intraday pump-and-dump
FLOW prices slipped on Thursday as traders unwind their bullish bets from the lately bullish digital assets.The FLOW/USDT exchange rate lost up to 15.22% New York morning, a sharp reversal from Wednesday when the pair closed at a one-month high of $16.99 following a 43.87% rally. However, it continued its upside momentum in the early…
Kevin O’Leary says sacrificing Tornado Cash worth it for institutional adoption
Mr. Wonderful thinks that crypto needs more regulation and less “crypto cowboys” like Tornado Cash creator Alexey Pertsev, who he suggested was a necessary sacrifice to create stability for institutional inflows. 216 Total views 2 Total shares Clamping down on crypto applications that “mess with the primal forces of regulation” is necessary, says Shark Tank…
Chinese provincial official expelled for violating crypto mining ban
A former CCP official from Jiangxi province allegedly abused his administrative powers to undermine the political principle of “two maintenance,” which relates to the notion of firmly maintaining the authority of the party. 558 Total views 26 Total shares The Central Committee of the Chinese Communist Party (CCP) expels a top provincial official after investigations…
‘No Wallet Needed’: Mobile Cryptopunk Game Announces a New Approach to Non-Fungible Tokens
Estonian game developer Ether Dale is ready to implement its new system — dubbed “Side-chain 2.0” — to its multi-blockchain mobile game Glitch Goons. The company says its aim is to build a platform on which people who are not familiar with blockchain can easily create, trade and exchange non-fungible tokens (NFTs).Easy way to non-fungible…
CBDCs not worth the costs and risks, says former BoE advisor
Tony Yates, the former senior advisor of the Bank of England, argues that CBDCs are not worth the headache. 580 Total views 2 Total shares Own this piece of history Collect this article as an NFTCentral banks worldwide are pushing forward with digital asset projects despite the various crypto industry implosions over the past 12…
Bitcoin price drops to near $61K shortly after COIN lists on Nasdaq
A volatility-filled listing for Coinbase’s COIN stock coincided with a 5% drop in the price of Bitcoin. 10238 Total views 26 Total shares Following months of build-up and speculation, Coinbase (COIN) listed on the Nasdaq and in true cryptocurrency fashion, opening day trading was a volatile affair that may have had a widespread effect on…