The African country is eyeing a tokenized retail CBDC with offline transfer capabilities as it heads toward a cashless economy. Source: https://cointelegraph.com/news/rwanda-bnr-retail-cbdc-feasibility-study
Month: May 2024
Inside Manhattan’s Newest NFT Fashion Store: 9dcc
At NFT NYC, Decrypt’s Sander Lutz explored the on-chain fashion brand’s latest pop-up, and spoke to its founder Gmoney about 9dcc’s future expansion plans. Source: https://decrypt.co/videos/live-events/Oyjyb2JX/inside-manhattans-newest-nft-fashion-store-9dcc
Shark Cat Solana Meme Coin Fight Ends Without Legal Battle
After a rough start to their working relationship, the Nala Cat brand and current team behind Solana meme coin Shark Cat (SC) have come to an agreement—giving Shark Cat an official license to the IP. Following a contentious dispute that spilled out onto Twitter, the owner of famed social media feline Nala announced last week that she has reached a…
ECB’s Joachim Nagel Urges Central Banks to Evolve: ‘We Need to Work on Our Business Model’
Joachim Nagel, President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank (ECB), has raised concerns about central banks’ business model. “If part of your core product is loosening attractiveness then you have to think about another new core product,” he stressed. ‘We Need to Speed up on All […] Source: https://news.bitcoin.com/ecbs-joachim-nagel-urges-central-banks-to-evolve-we-need-to-work-on-our-business-model/
Why Bitcoin ETF Investors Are Suddenly Buying Back Into Grayscale
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The Grayscale Bitcoin Trust bled for 78 straight days, drained of over $17 billion in Bitcoin as investors pulled out their cash. Then suddenly, and seemingly inexplicably,…
Ethereum Is No Longer ‘Ultrasound Money’ After Dencun Upgrade: Analysts
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Ethereum’s latest upgrade may have worked a bit too well, bringing unwelcome consequences for long-term Ethereum (ETH) investors. As advertised, the Dencun hard fork slashed transaction…
President Biden says he would veto resolution countermanding SEC crypto rule
After the U.S. House of Representatives postponed proceedings on a resolution overturning an SEC policy affecting crypto, President Joe Biden said he would veto the measure. Source: https://cointelegraph.com/news/president-biden-veto-resolution-sec-accounting-crypto
Injective Expands with Layer-3 Blockchain Launch on Arbitrum
Injective, a blockchain platform originally built on Cosmos technology, experienced a meteoric rise with its INJ token escalating thirty-three times in value during 2023, only to face a sharp decline this year. In a strategic pivot, Injective is now set to broaden its scope by launching a layer-3 network within the Ethereum ecosystem, leveraging Arbitrum’s technology. The new layer, named…
Will Using AI Like ChatGPT Make You Dumber? Scientists Weigh In
The potent combination of the internet and ubiquitous smartphones led us to ask whether we should bother remembering anything if the world’s knowledge is readily available anywhere we go. With the rapid mainstream adoption of AI, people are naturally discovering ways to minimize—or avoid—work. But what could that mean for our brains? Among college students, at least, excessive use of…
Vaneck Introduces Meme Coin Tracking With ‘MEMECOIN’ Index
The investment management firm Vaneck has expanded into the meme coin sector with the launch of its new Marketvector meme coin index, “MEMECOIN.” This index, available through Marketvector Indexes—a company focused on digital assets and various other sectors—monitors the performance of the leading six meme coins. MEMECOIN primarily operates as a modified market cap-weighted index, […] Source: https://news.bitcoin.com/vaneck-introduces-meme-coin-tracking-with-memecoin-index/