The European Central Bank expects to complete the investigation phase of its digital euro project in the autumn of 2023. Only a digital euro that is widely accepted by European users could be considered a success, according to the European Central Bank (ECB). The ECB published key objectives for the digital euro in a blog post authored […]
Digital Euro Would Be a Success Only if Widely Used, ECB Says Read More »
U.S. legislators suspect cryptomining is “problematic” for energy use and emissions, while Paraguay is ready to give the crypto industry, including miners, incentives. Democratic legislators from both houses of the United States Congress have sent a letter to the Environmental Protection Agency (EPA) and Energy Department (DOE) to inform them of their findings on the
Three months ago, Funko Inc., disclosed that it was entering the non-fungible token (NFT) industry when it announced it acquired a majority ownership stake in the NFT startup Tokenwave. At the time, Funko’s CEO Brian Mariotti explained that “Funko Pop digital NFTs” have the potential to be a “game-changer.” On Friday, Funko announced the company
MATIC rose to its highest level in over two months on Friday, as crypto markets were mostly green in today’s session. SOL was one of the tokens in the green, as the price climbed for a third straight session heading into the weekend. Solana (SOL) SOL saw its value climb for a third straight session
Biggest Movers: SOL up by Over 10% on Friday, as MATIC Hits 2-Month High Read More »
CEO Devin Finzer cited an “unprecedented combination of crypto winter and broad macroeconomic instability.” NFT (non-fungible token) marketplace OpenSea has laid off about 20% of its staff, CEO Devin Finzer announced in a tweet on Thursday. “The reality is that we have entered an unprecedented combination of crypto winter and broad macroeconomic instability, and we need to
OpenSea Lays Off Roughly 20% of Its Staff Read More »
Otherdeed land owners, known as Voyagers, will be able to participate in the experience via a token-gated asset confirmation. The Otherside, a gamified metaverse project associated with the Bored Ape Yacht Club, is scheduled to deploy a technical demonstration of the first stage of the Otherside roadmap on July 17th at 4pm UTC. The First Trip
Community anticipation builds for Otherside’s First Trip demo run Read More »
Digital assets-based fintech startup Fasset Technologies has partnered with payments giant Mastercard to drive financial inclusion in Indonesia. This move comes off as one of Fasset’s international expansion moves since it raised $22 million in a Series A back in April. As detailed, Fasset will bring its custom technologies to digitize banking services for Indonesians, drawing on
Fasset to Drive Financial Inclusion in Indonesia with Mastercard Read More »
KEY POINTS On the one hand, Dimon said the U.S. “economy continues to grow and both the job market and consumer spending, and their ability to spend, remain healthy.” “But geopolitical tension, high inflation, waning consumer confidence, the uncertainty about how high rates have to go and the never-before-seen quantitative tightening and their effects on
JPMorgan CEO Dimon sums up U.S. economy in one paragraph — and it sounds bad Read More »
President Vladimir Putin of Russia has signed into law a bill banning payments with digital financial assets. The legislation obliges exchange operators to refuse to process transactions facilitating the use of DFAs, a legal category currently covering cryptocurrencies, as “monetary surrogates.” President Putin Approves Legislation Banning Digital Asset Payments in Russian Federation Russian President Vladimir
Putin Signs Law Prohibiting Payments With Digital Assets in Russia Read More »
The New York Yankees will leverage Bitcoin fintech NYDIG’s platform to allow its employees to convert part of their salary into bitcoin. The New York Yankees MLB team has partnered with NYDIG to enable its employees to be paid in bitcoin. NYDIG offers a benefits plan which allows employees to choose any portion of their
NEW YORK YANKEES STARTS PAYING EMPLOYEES IN BITCOIN Read More »
