Andréa Maechler, a member of the governing board for the Swiss National Bank, or SNB, has reportedly altered her position on the central bank issuing a digital franc. According to a Tuesday report from Reuters journalist John Revill, Maechler said officials at the country’s central bank “believe the risks outweigh the benefits” when it comes to CBDCs. The governing board…
In brief Animoca Brands, an investor in metaverse startups, has raised nearly $359 million. The firm is now valued above $5 billion, up from $2.2 billion in October. Animoca Brands, a leading investor in NFT games and metaverse startups, announced today that it has raised nearly $359 million at a valuation of more than $5 billion. The $358,888,888 round was…
Cardano (ADA) traded within striking distance of its three-week high this at the start of this week, leading some investors to suggest that a trend reversal was in order. In reality, the bullish momentum is primarily connected to anticipation of the upcoming decentralized exchange (DEX) called SundaeSwap. ADA price rose by nearly 12% on Jan.17 to reach an intraday high…
Fostering sustainable development has never been more urgent; according to recent research, the COVID pandemic has had a negative impact on 17 sustainable development goals, while nearly four in ten experts believe that a likely effect of the COVID pandemic will be to increase poverty and inequality. The Organization for Economic Co-operation and Development (OECD) estimates that $2.5 trillion is…
NFT marketplace OpenSea will buy Ethereum wallet company Dharma Labs. Devin Finzer, OpenSea’s CEO and co-founder, today said in a statement that the acquisition would help the marketplace grow in 2022 and improve the “technical reliability” of its products, which are currently prone to outages. Dharma Labs’ co-founder and CEO, Nadav Hollander, will become OpenSea’s new chief technology officer. Dharma…
One of the central reasons for Bitcoin’s success is that lawyers never touched the Bitcoin white paper. Watching now how legal professionals are trying to identify themselves as “crypto lawyers” and to offer legal support to blockchain startups, I came up with a thought: How would these same “services” have changed the original Bitcoin white paper? There are many legends…
While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week. At the time of writing, the rebase token economy is valued at over $3.2 billion but has lost more than 10% in value during the last…
Real estate fintech Milo will launch the first U.S. bitcoin mortgage offering, enabling customers to leverage their BTC holdings to purchase properties in the country, the company said in a statement Tuesday. Instead of selling bitcoin for a down payment to qualify for a mortgage, Milo now lets Americans and foreigners use their bitcoin stack as collateral for purchasing real…
We’re thrilled to announce that Kraken now supports staking for MINA holders! Head into the Earn section of your account to put your MINA to work today. Note: Staking is not available to residents of the USA, Canada, Australia and Japan. What is Mina? Mina’s blockchain is built to maintain its size, regardless of the number of people accessing it,…
The global supply chain has become an area of intense focus over the past couple of years and pressures from the pandemic and backlogged ports have led to a massive range of shortages for everyday items. One protocol that is focusing on optimizing supply chain management and building strength based on data from Cointelegraph Markets Pro is Morpheus.Network (MNW), a…
