Montenegrin PM among early investors in Do Kwon’s Terraform Labs: Report
Prime Minister Spajic was among the early investors who invested in Terraform Labs just days before it was registered in Singapore on April 23, 2018.
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AI may lead to inflationary pressures: Bank of Canada
Bank of Canada Governor Tiff Macklem highlighted the potential risks AI poses to inflation and financial stability in the short term.

South Korea’s NH Bank Forms Blockchain Financial Services Consortium
The South Korean NH NongHyup Bank has announced a memorandum of understanding to research and develop blockchain-based financial services through a new consortium. 1332 Total views 37 Total shares South Korea’s NH NongHyup Bank has announced a new consortium with a local law firm and a blockchain laboratory to jointly develop digital asset-based financial services.According…

Market Continues to Trade Sideways as Bitcoin Price Dips Below $10,300
Tuesday, Sept. 10 — Cryptocurrency markets continue to largely trade sideways with Huobi (HT) token being the only top-20 coin that is showing above-average gains.Market visualization. Source: Coin360Bitcoin (BTC) saw an intraday high of around $10,390, while slowly trading downwards up to its current trading price of $10,204 according to data from Coin360. The world’s…

Bank of France settles $2.4M fund in central bank digital currency pilot
The Bank of France processed $2.4 million worth of fund units using a CBDC in December as part of ongoing experiments into blockchain and stablecoin technology. 417 Total views 1 Total shares The Bank of France successfully piloted a central bank digital currency — or CBDC — experiment in December, using the technology to settle…

European digital asset manager CoinShares’ revenue up 33% in Q2
Proprietary trading activities contributed heavily to the revenue increase. 170 Total views 2 Total shares CoinShares, a manager of Bitcoin (BTC), Ether (ETH) and various altcoin crypto exchange-traded products (ETPs) in Europe, reported total revenue of 20.3 million pounds ($25.9 million) in the second quarter of 2023, a 33% increase compared wit the prior year’s…

Bitnomial Has New Permission To Trade BTC Derivatives
US traders have one more place where they can place bets on the future price of BTC. 1634 Total views 39 Total shares It’s becoming a little more common for exchanges to have the government’s blessing to trade BTC derivatives.Bitnomial Exchange is the latest to join this mostly private party, having received a so-called “order…

Africa: The next hub for Bitcoin, crypto adoption and venture capital?
The cryptocurrency space has no shortage of skeptics. While many people criticize the environmental impact of proof-of-work blockchains or the proliferation of scams, one particular argument against crypto often stands out: Blockchain has no real use cases. Every two weeks, Cointelegraph’s The Agenda podcast breaks down this critique and explores the various ways blockchain and crypto…

NFT marketplace X2Y2 shuts down after 3 years, pivots to AI
NFT exchange X2Y2 will shut down after three years to pivot toward an AI-driven crypto project aimed at sustainable, utility-based value generation. 177 Total views 1 Total shares Non-fungible token (NFT) marketplace X2Y2 announced it is shutting down after three years of operation. According to a March 31 announcement, X2Y2 will shut down on April