Taiwan central bank says no rush for CBDC launch

The company's stock has dropped by more than 60% after topping out at $1,135 in early February. 1334 Total views 3 Total shares A lackluster balance sheet, excessive debt load and over-leveraged exposure to Bitcoin have crashed MicroStrategy stock by more than 63% since February already. Nevertheless, the business intelligence company has ignored the risks of…

When we talk about financial inclusion, we have to think about inclusion for whom, in what context, and what inclusion itself means. One of the common answers when thinking about who needs to be “financially included” is “most currently unbanked people, who should ideally have access to commercial banking systems.” But it’s not as simple as…

The current crypto bear market has induced panic, fear and uncertainty in investors. The dire situation started when the global crypto market capitalization dropped below the $2 trillion mark in January 2022. Since then, the price of Bitcoin (BTC) has decreased by over 70% from its all time-high of $69,044.77 it reached on November 10,…

Coinbase, a leading U.S. cryptocurrency exchange, shared its 2Q results on August 3. Despite showing a net loss, some positives emerged, like a 13% cut in operating expenses from the last quarter and a 3% boost in its cash reserves to $5.5 billion. Coinbase key financial metrics, USD million. Source: CoinbaseHowever, the exchange took a hit…

Pudgy Penguins minted in July 2021, but quickly saw high drama after its former founder came under suspicion he was going to rug the project.  A few months later Luca Schnetzler stepped in. With an entrepreneurial streak since his early teens he had a history of building internet businesses and bought the project and its

Despite the Chinese central bank's proposal to monitor the Metaverse and NFTs, companies such as Tencent and Huawei are pursuing metaverse-related trademarks. 1517 Total views 16 Total shares Even though the People’s Bank of China’s (PBOC) warning on metaverse and nonfungible tokens (NFTs) in November, more than a thousand Chinese companies have submitted thousands of…

In August of 2019, both the United States and Thailand announced their plans to test blockchain applications for tracking and managing shipments. The U.S. Customs and Border Protection (CBP) is planning to test a blockchain application against their current system to determine how distributed ledger technology (DLT) can improve its existing processes. Thailand, on the…

The Twitter user who originally registered the @X handle had their profile forcibly changed after Elon Musk rebranded the social media platform to X. 400 Total views 1 Total shares Twitter is currently undergoing a rebrand to X, after owner Elon Musk grabbed headlines when he announced that the 17 year old social media platform he…

BTC price action reminds traders of the initial dip in May as rejections characterize attempts to break higher. 988 Total views 2 Total shares Bitcoin (BTC) fell precipitously on June 25 after a rejection above $35,000 sparked a rout toward familiar support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin heads back towards $30,000Data from Cointelegraph Markets…