Australia is pushing ahead with central bank digital (CBDC) currency research. On Monday, Australia’s central bank said in a whitepaper that the country’s CBDC pilot should be completed by mid-2023. The plan, according to the Reserve Bank of Australia (RBA), is to research the use cases for a CBDC in Australia and try it out in an experiment using Quorum,…
Month: September 2022
Sorry Financial Times, Bitcoin Is Not Crypto – Bitcoin Magazine
This is an opinion editorial by Federico Rivi, an independent journalist and author of the Bitcoin Train newsletter. Would you say that soccer and baseball are part of the same industry because both playing fields are covered with grass and in both games a ball is involved? Would you say that Bitcoin and cryptocurrencies are part of the same industry…
Unix Gaming & Delysium Are Decentralising Games in Surprising New Ways – Sponsored Bitcoin News
sponsored One of the core principles of web3 gaming is the idea of decentralisation–more specifically, decentralised ownership of assets. But, the teams at Unix Gaming & Delysium believe that by limiting decentralisation to assets, developers have also been limiting themselves. What started as a desire to create a genuinely next-gen open-world title, even attracting investment from companies like Y Combinator,…
Pro-centralization Russian president grants citizenship to Edward Snowden: Report
Russian President Vladimir Putin reportedly granted citizenship to United States National Security Agency whistleblower Edward Snowden, who had been residing in the country since 2013. According to a Monday report from Reuters, Putin signed a decree effectively changing Snowden’s legal status in Russia from a permanent resident to citizen. The NSA whistleblower has been in exile from the U.S. following…
Traders brace for Bitcoin price volatility as DXY 2022 gains near 20%
Bitcoin (BTC) volatility edged higher during Sep. 26 as the Wall Street open avoided significant losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Monthly close tipped to shake up BTC price Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $19,000 on the day, with hourly candles of 1.5%-2% not uncommon. The pair was expected to break out of…
British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike – Bitcoin News
The world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time, the pound tapped 1.0327 nominal U.S. dollars per unit, but rebounded against the greenback to 1.0775 by 11 a.m. Monday morning. Pound Sinks Against Greenback to $1.0327 but Manages to…
Bitcoin Non-Profit Brink Funds 11 Bitcoin, Lightning Developers – Bitcoin Magazine
Brink, a non-profit dedicated to improving the Bitcoin protocol, now has 11 Bitcoin and Lightning developers supported by grants from the foundation, per a release sent to Bitcoin Magazine. The newest addition to the list of developers, Micheal Ford (fanquake), is a Bitcoin Core maintainer. Tadge Dryja, author of the Lightning and Discrete Log Contracts whitepaper has also joined the…
‘Apple Must Be Stopped’ as Web2 Firm Launches 30% NFT Tax: Epic Games CEO
Apple’s decision to let NFTs be bought and sold on App Store apps hasn’t received the kind of reception one might expect from Web3 proponents. That’s because the iPhone maker has decided to charge its standard 30% commission on in-app NFT sales, which industry leaders say is “grotesquely overpriced.” For context, the leading NFT marketplace OpenSea charges a 2.5% commission…
LUNC up 40% on Monday, as Do Kwon Faces Possible Arrest – Market Updates Bitcoin News
Terra classic rose by over 40% on Monday, as markets reacted to the news that founder Do Kwon was wanted by Interpol. Cosmos also traded higher, rebounding from recent declines. Terra Classic (LUNC) Terra classic was one of Monday’s most notable movers, as the token rose by over 40% to start the week. Following a low of $0.0001825 on Sunday,…
Hackers Nab Nearly $1 Million in Crypto From Ethereum ‘Vanity Adress’ Exploit
Roughly $950,000 worth of crypto has been stolen from an Ethereum “vanity address” generated with a tool called Profanity. The exploit leveraged a similar vulnerability related to the recent $160 million attack on market maker Wintermute. A “vanity address” is a type of crypto address that conforms to certain parameters laid out by the creator, often representing their brand or…