The Central Bank of Colombia is studying the launch of a digital currency, according to statements made by its manager, Leonardo Villar. The organization is evaluating the launch of this instrument as a means of unifying the different digital wallets in the country, making them interoperable and easier to use for customers. Central Bank of Colombia Studies Digital Currency…
An attack in April 2022, which drained off nearly $80 million from various Rari Fuse pools, required the decentralized finance (DeFi) platform Fei Protocol to come up with a solution that minimizes damage to the ecosystem. Fei Labs’ latest proposal, which partly recommends revoking participation from Tribe DAO, received mixed sentiments from the community. Fei Protocol founder Joey Santoro announced…
While the broader crypto market remains in the doldrums following this week’s sell-off, some cryptocurrencies are defying the bearish trend. Among them is meme coin Shiba Inu (SHIB), which is up by around 4.5% on the day and over 7% on the week, and is currently trading at $0.0000135, per CoinMarketCap. SHIB’s upwards price action follows a spike in the…
Mercado Libre, a leading Latam-based e-tailer, has announced the launch of its own token, called “Mercadocoin,” for Brazilian customers. The token will be the main reward of a loyalty program on Mercado Libre’s platform and will be awarded to customers that purchase certain items linked with the token. The token will have an initial value of $0.10. Mercado Libre…
The Bitcoin Standard has many formations. For some, selling all possessions and living off magic internet money is key; for others, it’s about sweeping every spare penny into Satoshis. For popular podcaster Peter McCormack–an avid football fan–it meant buying his local club and signing Bitcoin (BTC) onto the team sheet. Bitcoin advocate McCormack acquired his hometown football club in December…
This is an opinion editorial by Macro Jack, a Bitcoiner with a background in traditional financial services spanning investment research, investor relations and business development. Environmental, social and governance (ESG) is an approach to evaluate companies or countries based on their alignment with these three factors. Growing in popularity in recent years, ESG has become a globally adopted framework and…
The CEO of crypto exchange Binance, Changpeng ‘CZ’ Zhao, raised concern for traders after learning about the infamous phenomenon of trade jitters on other crypto exchanges. Jitters in crypto trading relate to a trade event wherein an investor’s buy or sell order gets stuck and moves down in the list, allowing newer trade orders to go through. Just learned a…
The Indian police have launched an investigation into Bitconnect and booked its founder after a bitcoin investor reported being defrauded by the global crypto “Ponzi scheme.” According to U.S. authorities, the scheme reached a market capitalization of $3.4 billion at its peak. The founder and his co-conspirators allegedly obtained about $2.4 billion from investors. Bitconnect’s Founder Wanted by Indian Police…
The below is a direct excerpt of Marty’s Bent Issue #1253: “Channel jamming research you should read.” Sign up for the newsletter here. Channel jamming makes forwarding payments near impossible from Antoine Riard and Gleb Naumenko Here’s a great website from Antoine Riard and Gleb Naumenko that breaks down the channel jamming problem on the Lightning Network. I highly recommend…
This is an opinion editorial by Stefan Dzeparoski, an award-winning international director and creative producer. This article owes its inspiration to the essay “A Quest for Social Truth” from “Bitcoin is Venice” by Allen Farrington and Sacha Meyers. “You have to understand, most of these people are not ready to be unplugged. And many of them are so inert, so…
