The Monetary Authority of Singapore (MAS) is pioneering a revolutionary solution, Purpose Bound Money (PBM), to address the problem of central bank digital currencies (CBDCs) interoperability. Under the MAS’s Project Orchid, PBM has been proposed […]
Bitcoin mining difficulty reached an all-time high of 53.91 trillion units after the latest difficulty adjustment on July 12. It is a measure of how difficult it is to mine Bitcoin (BTC) blocks. The blockchain adjusts its […]
A cryptocurrency wallet associated with the United States Department of Justice (DOJ) moved approximately 9,825.25 Bitcoin worth around $299 million in a series of transactions on July 12. It’s unclear at this time whether the transactions, […]
In this week’s newsletter, read about Ethereum nonfungible token (NFT) royalties hitting their lowest point in two years. Check out Bitcoin Ordinals trading volume, which hit $210 million in the second quarter of 2023, and […]
Cryptocurrency scams have fallen a massive 77% from $3.3 billion to $1.1 billion over the first six months of 2023, according to a recent report by blockchain intelligence firm Chainalysis. The catch, though, is that […]
The enduring ambiguity of crypto regulation in the United States is poised to witness a defining moment. Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) prepare to unveil their revamped crypto regulation proposal. The controversial […]
Blockchain gaming startup Spielworks has partnered with the Web3 platform Mycelium Network to launch a program that allows full refunds for nonfungible token (NFT) purchases. In an announcement sent to Cointelegraph, the team explained that […]
Source: Alexey Novikov/Adobe The Chinese central bank has unveiled an offline SIM card-based digital yuan “hard” wallet solution that lets users pay with the central bank digital currency (CBDC) with powered-down phones. The innovation could […]
Jay Clayton shared his opinion during an interview with CNBC on Monday. The former SEC chair says if applicants demonstrate efficacy and have surveillance, it would be hard for the SEC to deny a spot […]
Key takeaways Aave DAO to vote on GHO’s deployment on Ethereum The Aave DAO community members are set to start voting on whether to deploy the GHO stablecoin on the Ethereum blockchain. The members will […]
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