How would mass-scale CBDC issuance impact the crypto space?
Synthetic dreams: Wrapped crypto assets gain traction amid surging market
Synthetic crypto assets offer vast potential to shake up the crypto and traditional financial markets, but what’s behind the current growth?
DeFi bull run: Why Aave and SUSHI are surging despite Bitcoin price uncertainty
Aave, SushiSwap, and other major DeFi bluechips are rallying hard despite Bitcoin’s consolidation.
Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization
Russia is now holding more gold than U.S. dollars in its reserves for the first time, according to the latest report by Russia’s central bank. Russian President Vladimir Putin has made de-dollarization his country’s key policy to reduce the Russian economy’s exposure to the U.S. dollar amid heavy sanctions. Russia Now Has More Gold in…
Algorithmic asset experiments continue to entice traders & developers
On the frontiers of algorithmic assets, trading isn’t the only activity that will raise your heartrate
Swiss Stock Exchange’s Crypto Trading Volume Soars — Hits Record $1.2 Billion
Switzerland’s principal stock exchange has revealed that its crypto trading volume hit a record high of CHF 1.1 billion ($1.23 billion) in 2020. The exchange now offers 34 exchange-traded products, allowing investors “access to 100 different crypto products trading on our platform,” said the exchange’s head of markets. Crypto Trading Volume on Switzerland’s Stock Exchange…
IMF Says Only 23% of Central Banks Can Legally Issue Digital Currencies
Researchers at the International Monetary Fund (IMF) have examined the central bank laws of 174 IMF members to answer the question of whether a digital currency is really money. They found that of all the central banks studied, only about 23%, or 40 central banks, “are legally allowed to issue digital currencies.” IMF Explores if…
Stacks announces major partnerships following mainnet launch
Foundry Digital and Blockdaemon are backing the launch of Stacks 2.0.
A Russian Operation Is Mining Bitcoin in the Arctic Circle for Cheap Electricity
A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the firm’s activities after launching the facility in late 2020. According to the company’s website, the datacenter is getting electricity rates as low as…
Mt Gox Creditors Asked to Approve a Settlement Proposal Drafted by Coinlab
On January 15, the public was made aware of a deal between the firm Coinlab Inc., the Mt Gox bankruptcy trustee, Nobuaki Kobayashi, alongside MGIFLP, a subsidiary of Fortress Investment Group. According to the proposal, Mt Gox creditors will be able to claim as much as 90% of the bitcoin held by Kobayashi and the…