South Korea Budgets $880 Million for Tech Including Blockchain

The company used the permissioned, private blockchain of fintech firm SWIAT and the Bundesbank's trigger solution for settlement. The issuance was part of a European Central Bank's trial to settle central bank money on blockchains. 02:15 Inside Trump's Crypto Project; Ripple's Upcoming Stablecoin To Launch in 'Weeks': Garlinghouse 01:03 Crypto Saw Lowest Monthly Losses to

news The U.S. Securities and Exchange Commission (SEC) is seeking to hire a “crypto specialist” attorney advisor. According to a job posting on USAJobs, an official government jobs portal, the SEC’s Division of Trading and Markets plans to hire the new legal expert in order to help develop a “comprehensive plan” to address crypto and…

DeFi today is where the internet was in the 1990s, and DeFi has a lot to learn from its growth. DeFi and CeFi both have different roles to play, and the market needs both he argues. 01:49 Mega ETF Inflows and Bitcoin Wallet Activity Signal Further Bullishness 03:12 MicroStrategy Plans to Raise $42B to Buy

Some of the best-known “blue-chip” non-fungible tokens (NFTs) have seen their floor prices decline by more than 25% in the last month, according to Nansen.ai data.NFTs are a special type of crypto asset that provide its holder ownership over a real or digital asset. The floor price in NFTs refers to the minimum price a…

Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies. Urbit isn’t a blockchain, but it was started seven years before bitcoin, with a similar idea of attempting to create a peer-to-peer network that is free from the influence of big companies or the…

May 12, 2020 at 01:11 UTCUpdated May 12, 2020 at 01:42 UTCProviding a provably random string of numbers is not as easy as you may think. (Credit: Shutterstock)Trust No Dapp: Chainlink Launches Oracle for Provable RandomnessChainlink may be solving part of the problem that first drove Ethereum co-founder Vitalik Buterin’s interest in decentralized applications.“One day…

Coinbase has introduced its version of wrapped bitcoin, cbBTC, on the Ethereum and Base networks, allowing users to use bitcoin in DeFi applications. cbBTC is supported by various DeFi services for trading, lending, and as collateral, with automatic conversion features for Coinbase users transferring bitcoin to or from these networks. This launch follows Coinbase's hint

Aug 31, 2020 at 13:21 UTCUpdated Aug 31, 2020 at 13:36 UTCBank of Korea (Chintung Lee/Shutterstock)The Bank of Korea is moving to a more technical phase of its accelerated push to develop a central bank digital currency, or CBDC. The Korea Times reported Monday that the Bank of Korea (BoK) is now seeking a consulting…

Jan 8, 2021 at 1:05 p.m. UTCWhy Joe Biden’s $3T Stimulus Package Could Add Fuel to Bitcoin’s RallyThe Democratic party narrowly triumphed in Georgia elections held earlier this week, wresting control of the U.S. Senate from the Republicans. As such, the Democratic-controlled House of Representatives now has more freedom to implement its policies. Analysts at…