In recent years, blockchain technology has become a buzzword in the business world. Many enterprises have embraced the technology’s ability to provide a decentralized, transparent and secure platform for digital transactions. However, the current landscape of blockchain technology remains somewhat fragmented, with numerous blockchains operating independently with limited interoperability capabilities. Interoperability refers to the ability […]
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BIS Completes Successful Pilot Study of Central Bank Digital Currencies for Cross-Border Payments
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Mar
Mar
The Bank for International Settlements (BIS) has collaborated with central banks in Israel, Norway, and Sweden to carry out a pilot study on cross-border payments using central bank digital currencies (CBDCs). The pilot study, known as Project Icebreaker, aimed to examine the technical feasibility of cross-border transfers involving distinct CBDCs and analyze key technical and […]
The world of decentralized finance (DeFi) is evolving at an incredible pace, and one of its fastest-growing sectors is DAOs, or decentralized autonomous organizations. These digital financial platforms represent the next step in the code-driven revolution, and they stand to transform the way we engage with financial services. A DAO is a community-owned and operated […]
As blockchain technology continues to gain traction and adoption, the issue of scalability has become one of the most pressing concerns. Theoretically, a blockchain could handle an infinite number of transactions, but in practice, this isn’t the case. The more transactions that are executed on a blockchain, the slower and more expensive the process becomes. […]
With the world’s growing consciousness towards achieving a sustainable future, a new concept – green crypto, has emerged as the perfect solution that aligns digital currencies with environmental friendliness. Digital currencies such as Bitcoin and Ethereum, known as cryptocurrencies, have gained popularity over the years due to their decentralized structure, where transactions can be carried […]
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Mar
Mar
The recent inactivity and underperformance of the cryptocurrency market has been attributed to US regulators targeting crypto companies and fiat onramps and offramps being disrupted. Additionally, comments by Jerome Powell regarding the economy and interest rate policy have caused the crypto and other risk asset markets to respond. As investors and traders eagerly watch for […]
NFTs, or non-fungible tokens, are the latest buzzword in the world of digital assets and the art industry. These are unique digital assets that give owners proof of ownership and authenticity of a particular digital asset. The use of NFTs for digital assets is a game-changer in a world where digital art and other digital […]
The emergence of blockchain technology has brought forth a revolution that promises to disrupt traditional finance as we know it. Decentralized Finance (DeFi) platforms have emerged as the predominant aspect of this great transformation, allowing users to access a plethora of financial services in a trustless and decentralized manner. The advent of DeFi platforms like […]
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Pro-Russian & Neo-Nazi Militia Groups Promoting Digital Wallets for Crowdfunding on Telegram, Crypto Scams in Hong Kong up 67%, Thailand to Offer Tax Breaks for Investment Tokens Issuers
07
Mar
Mar
The article discusses various crypto-related news stories that may have flown under the radar of mainstream media. Firstly, the reports detail how Russia-backed interest groups are utilizing their digital wallets to crowdfund their expenses through a network of Telegram channels. Secondly, the number of crypto-related scams in Hong Kong has surged causing financial losses to […]
Central Bank Digital Currencies or CBDCs were once a topic only discussed at academic conferences and research papers. However, with the rising popularity of cryptocurrencies, many countries are now exploring the possibility of issuing their own digital currency. A CBDC is simply a digital version of a government-issued currency that is backed by the central […]