In the latest issue of Citibank’s Global Perspective and Solutions (Citi GPS) entitled Future of Money: Crypto, CBDCs and 21st Century Cash, the bank points its searchlight on MakerDAO (MKR) and the importance of decentralized finance (DeFi). Citibank is selling off its retail banking service in 12 countries and it appears the bank is looking
It is without a doubt that Bitcoin SV (BSV) is gaining ground when it comes to establishing itself as the token and technology of the future with its stable protocol, infinitely scalable blockchain and capacity for secure and low-cost microtransactions and big data. It is actually the only network in production that offers all of
With the Coinbase IPO just the other day, the platform is sending out invitations to customers on the waitlist to stake their Ethereum. Soon, the long wait will pay off as promised by the Coinbase team as waitlist registrations started mid-February and have been running since then. ETH 2.0 Staking on Coinbase Coinbase, based in
Brevan Howard is the latest asset management firm to delve into the booming crypto space. As per a Bloomberg report, the European hedge fund plans to invest 1.5% of its $5.6 bn assets under management into digital currencies. The firm will therefore buy about $84 million in cryptocurrencies for its clients. Brevan Howard Fund’s Position
The Central Bank of the Republic of Turkey (CBRT) stated that it would ban the use of cryptocurrency as a means of payment. The upcoming ban comes amid an ongoing inflation crisis in the country. Turkey Bans Crypto Payments The CBRT announced the new legislation via the Resmi Gazete, otherwise known as the Official Gazette,
Investing in cryptocurrencies always seems like a daunting task for users worldwide, more so when aiming to secure early-stage allocations in crypto startups. Stacker Ventures, a venture DAO, is transforming this narrative for the better, democratizing early-phase investments in emerging assets. Effective immediately, the DAO has also launched a line of what it calls “Active
The Governor of the Bank of Korea (BOK) Lee Ju-yeol opined that adopting cryptocurrency as a means of payment came with limitations. The statement comes as company behemoths are including crypto as a payment option on their platforms. BOK Governor Not Impressed With Crypto According to a report from local news outlet KBS on Thursday
Half of the Swedish population are bitcoin owners on account of shares owned by a government savings fund in companies that hold the flagship cryptocurrency. Swede Savers Gain Exposure to Bitcoin The Seventh AP Fund or AP7 is the government-based alternative on Sweden’s pension market. The AP7 provides a savings fund called AP7 Såfa, with
The indexing and query layer of the decentralized web, The Graph, is now integrated with Avalanche to expand querying and indexing on the platform. Developers building on Avalanche can easily query custom on-chain data requests without running a full node via subgraphs, which are indexes of specifically defined blockchain data. Building Towards the Future More