Tokyo-listed gaming studio Gumi acquires 1 billion yen worth of Bitcoin
The BTC purchase is part of Gumi’s broader expansion into the blockchain sector, which includes acquiring and managing “high-quality tokens.”
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Australian central bank to launch ‘live pilot’ of CBDC in coming months
The use cases for the CBDC ranged from offline payments to "trusted Web3 commerce" and financial industry participants were invited to undertake a live pilot. 42 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Reserve Bank of Australia (RBA), the country's central bank, has released a report…

Money Legos keep stacking! Finance Redefined 4/21-4/28
Happy Wednesday fellow DeFi degens! I was expecting to spend a large portion of this edition of Finance Redefined analyzing Aave's liquidity mining program. There was some anxiety from investors that the emission of 2,200 $AAVE per day (which would translate to roughly 5% of the ecosystem reserve fund of 2.8 million AAVE per year) might…

Analyst eyes Ether 'major push' to $3.5K, traders bet against dip
A crypto analyst says Ether could make a "major push" to $3,500 if it holds a $2,800 weekly close. Meanwhile, futures traders are betting on an upward move.

Bitcoin developer who lost Bitmain funding wins Coinbase’s first-ever developer grant
The Coinbase Crypto Community Fund was awarded to João Barbosa and another pseudonymous developer. 1538 Total views 7 Total shares Digital currency exchange Coinbase has awarded its first-ever Bitcoin Core developer grants, and a familiar name is among the recipients.João Barbosa and 0xB10C, the alias of a pseudonymous developer, were selected winners earlier this week.…

Examiner finds customer deception, ‘very Ponzi-like’ use of funds at Celsius
Court-appointed examiner Shoba Pillay submitted her final report on select aspects of operations at bankrupt cryptocurrency Celsius on Jan. 31. The document was commissioned on Sept. 29 and is 470 pages long, not counting the 31 appendices.Pillay is a former federal prosecutor and partner at law firm Jenner & Block. She looked at how customer…

Altcoin Roundup: Stablecoin pools could be the next frontier for DeFi
In times like these, when the entire cryptocurrency market is down and there is nary a sector-wide runup to be found, traders have to dig into data to see how the market dynamics may have changed to pinpoint signs of new growth. Stablecoins are the newest trend to emerge in the decentralized finance (DeFi) arena due…

How do blockchain forensics and asset tracking work?
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$5 Trln FX Settlement Giant CLS to Launch Blockchain-Based Netting Service ‘Within Days’
Forex exchange (FX) settlement giant CLS will launch its IBM blockchain-powered netting service within “a matter of days,” according to Chief Strategy Officer (CSO) Alan Manquard. The CSO made the announcement at the IBM Think Tank conference in London Nov. 14, as reported by tech news source Computer Business Review (CBR).CLS Group, which reportedly settles…