Qatar Central Bank launches first phase of CBDC project
The small country on the Arabian Peninsula sees CBDC as part of its national development strategy.
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350 new ‘scam tokens’ were created every day this year: Solidus Labs
From September 2020 to Dec. 1 over 200,000 scam tokens were created with well over half of those deployed this year. 827 Total views 13 Total shares Own this piece of crypto history Collect this article as NFTMore than 350 fraudulent cryptocurrency tokens were created per day this year, defrauding millions of investors, according to…

Bitcoin SV Devs to Offer ‘Office Hours’ for Project Assistance, Consulting
Bitcoin SV blockchain developer and blockchain organization service Open Directory creator synfonaut has launched a consulting service called Office Hours. This service connects developers in need of assistance with experienced Bitcoin SV devs, for help on Bitcoin SV projects. Synfonaut announced the service’s launch in a Twitter post on Aug. 15. As per the platform’s website,…

DeFi Records ‘Exponential’ Growth in Assets
DeFi hits new heights with more than 1,000 new assets added in May and total user numbers reaching 550,000. Decentralized finance (DeFi) continues to grow at an exponential rate with the number of new DeFi assets increasing by almost ten fold over the same time last year. Zerion DeFi project founder Evgeny Yurtaev shared a graphic…

An ETF will bring a revolution for Bitcoin and other cryptocurrencies
But not everyone’s on board with the crypto ETF train. Critics argue that Bitcoin-linked ETFs could be even worse than centralized exchanges for the crypto market. Their main beef? There’s zero possibility of withdrawing the underlying instrument. This means the holders are never able to take advantage of the single most important feature of Bitcoin:…

Bitcoin hits $14.7K — 3 reasons this rally may see new all-time highs
From November to December in 2017, the price of Bitcoin (BTC) experienced a parabolic uptrend to a new all-time high at $20,000.There are three reasons Bitcoin might see a similar trend in the upcoming months. First, the post-halving cycle is coming into effect. Second, the relative strength index (RSI) shows room for a bigger rally.…

Block.one ICO damages ‘far beyond’ $22M, ENF founder says
The latest legal action against Block.one (B1), the creator and original seller of EOS (EOS), could potentially help plaintiffs get higher compensation, according to EOS Network Foundation (ENF) founder and CEO Yves La Rose.On July 25, La Rose officially announced that ENF is preparing a lawsuit against Block.one for its failure to follow through on…

Ethereum burning spikes to new high on Yuga Labs’ NFT hype
Otherdeed NFTs top the “burn leaderboard” over the past seven days at roughly 55,816 ETH or 56% of all burns during that period. 295 Total views 3 Total shares The burning rate of Ethereum (ETH) has spiked to new all-time high (ATH) levels following the heavily anticipated sale of tokenized land plots in Yuga Labs’…

Tesla’s $1.5B Bitcoin purchase leaves treasury experts scratching heads
Corporate treasury commentators are criticizing Tesla's $1.5 billion Bitcoin splurge, echoing the well-worn rhetoric of BTC’s volatility.Speaking to Financial Times, Jerry Klein, managing director at New York-based investment management firm Treasury Partners said that there was no use case for plowing corporate cash into Bitcoin.Another critic quoted by FT, Campbell Harvey of Duke University in…