September 2023

Project Mariana, The Bank of International Settlements & CBDCs

Leave a Comment / Web3 /

BIS and Central Banks Explore Cross-Border CBDCs with DeFi Technologies The Bank for International Settlements (BIS), in collaboration with the central banks of France, Singapore, and Switzerland, has unveiled the successful execution of a pioneering test for cross-border trading and settlement using wholesale central bank digital currencies (wCBDCs). This groundbreaking initiative, named Project Mariana, leveraged […]

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Crypto.com, PayPal, & Paxos in Strategic Partnership for PYUSD Integration

2 Comments / Cryptocurrency /

Crypto.com, a prominent cryptocurrency exchange, is fortifying its relationship with PayPal and Paxos, aiming to enhance the global adoption of crypto, particularly focusing on the integration of PayPal USD (PYUSD). This collaboration is set to position Crypto.com as a preferred exchange for the stablecoin, PYUSD. Aiming for Global Crypto Adoption The partnership, announced on Thursday,

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Curve Founder Settles Significant Debt, Fuelling Speculations of a $CRV Bull Run

2 Comments / Cryptocurrency /

Michael Egorov, the visionary behind the decentralized finance (DeFi) protocol Curve, has successfully cleared his debt on the Aave lending protocol, leaving a residual debt of $42.7 million scattered across four other DeFi platforms. This development has sparked discussions about the potential bullish trajectory for $CRV. Strategic Debt Settlement Egorov leveraged 68 million CRV, translating

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Coinbase Gains Regulatory Nod for Perpetual Futures Trading

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Coinbase, the leading US-based cryptocurrency exchange, announced on Thursday that it has secured regulatory approval from the Bermuda Monetary Authority (BMA) to extend its perpetual futures trading services to non-US retail customers. The announcement came via a blog post, revealing that the service will be available to eligible customers on Coinbase Advanced in the coming

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Genslers Ineptitude Slated by US Congress

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U.S. SEC Chair, Gary Gensler, found himself under intense scrutiny during a recent congressional hearing, facing accusations and probing questions regarding his agency’s regulatory stance on various matters, including Bitcoin and Pokemon trading cards. Here are five notable moments from his evasive testimony: I cross-examined @SECGov Chair Gary Gensler about the term 'investment contract', which

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UK Politicians Embrace Metaverse to Unveil Web3 Vision

Leave a Comment / Web3 /

  In a groundbreaking move, a cohort of UK politicians, including eight British Lords, embraced the metaverse to share the United Kingdom’s roadmap for blockchain and Web3 industries with global leaders from 51 nations on September 20. The metaverse assembly highlighted the transformative potential of Web3 technology and the challenges it brings. A Paradigm Shift

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HSBC Embraces Cryptocurrency: Accepts XRP, SHIB, and More for Mortgage Settlement

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  In a groundbreaking move, HSBC, one of the world’s leading traditional banks, has embraced blockchain technology, allowing customers to settle mortgage payments using various cryptocurrencies. This integration is facilitated by FCF Pay, a blockchain-centric payment processor, enabling HSBC clients to use Bitcoin ($BTC), Shiba Inu ($SHIB), Dogecoin ($DOGE), Ripple ($XRP), and Binance Coin ($BNB)

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Revolutionizing the Financial Market in Latin America

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  The financial landscape is undergoing a radical transformation, driven by the rise of financial technologies (fintech) and insurance technologies (insurtech). In Latin America, these innovations are democratizing access to financial and insurance services, offering more inclusive, competitive solutions adapted to the needs of the region. Democratization of Financial Services Fintech is allowing millions of

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  • ethereumEthereum (ETH) $ 4,275.87 2.51%
  • xrpXRP (XRP) $ 2.91 0.48%
  • tetherTether (USDT) $ 1.00 0%
  • bnbBNB (BNB) $ 845.35 1.53%
  • solanaSolana (SOL) $ 182.98 2.54%
  • usd-coinUSDC (USDC) $ 0.999807 0%
  • staked-etherLido Staked Ether (STETH) $ 4,263.11 2.5%
  • tronTRON (TRX) $ 0.349909 0.1%
  • dogecoinDogecoin (DOGE) $ 0.216231 1.05%
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