Eric Adams, mayor of New York City and a known crypto proponent, revealed his stance on the state’s BitLicense system during the FT Crypto and Digital Assets Summit held by the Financial Times on April 26-27. Several major establishments, as well as politicians, took the stage at the summit hosted in London, England. However, Eric […]
San Francisco, United States, 28th April, 2022, Chainwire Portal, a self-hosted wallet and true cross-chain Layer-2 DEX built on Bitcoin, officially announces its collaboration with Mintlayer, a Bitcoin sidechain protocol that aims to bring decentralized financial markets to the masses. The partnership will bring Portal’s uncensorable cross-chain DEX functionality to Mintlayer, giving new impetus to
Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, announced Wednesday that it will launch a wholesale central bank digital currency (CBDC) pilot program to advance the country’s payment system. Called Project CBDCPh, the program will include trials conducted by a limited number of financial institutions transacting large sums of payment 24 hours
0x Labs, a decentralized exchange infrastructure provider, has secured a substantial $70 million funding in a Series B funding round led by Greylock Partners, Forbes reported Tuesday, as the source of the news. Per the report, participants in the round included NFT marketplace OpenSea, Pantera Capital, Jump Crypto, and Jared Leto. The present valuation of
Fabio Panetta, Managing Director of the European Central Bank (ECB), compared cryptocurrencies to the ‘Wild West’ as well as a ‘Ponzi Scheme’ during a speech at the University of Columbia held on April 25. Harshly criticizing the current rise of the cryptocurrency market, Panetta compared the emerging industry to the archetypal era of the United
Fidelity Investments, one of the world’s renowned asset managers, has decided to allow its clients to include a certain amount of Bitcoin into their 401(k) plans. In an announcement made Tuesday, Fidelity said its clients can invest a portion of their retirement savings in bitcoin as early as the middle of this year. 401(k) plan
The popular NFT collection Bored Ape Yacht Club is making headlines again, not for good reasons though. Bored Ape NFTs, allegedly worth $3 million, were stolen after hackers gained access to the collection’s Instagram and Discord accounts. “This morning, the official BAYC Instagram account was hacked. The hacker posted a fraudulent link to a copycat
Lugano, Switzerland, 26th April, 2022, Jelurida, the team behind the Nxt, Ardor, and IGNIS blockchain ecosystem is pleased to announce its partnership with the Ticino Blockchain Technologies Association. The think tank, located in Lugano, Switzerland, will bring Jelurida’s technology and expertise to local crypto organizations and universities. Jelurida continues to turn heads in the field
The United States Department of Justice announced Monday that it has indicted two Europeans on grounds that they were, along with Ethereum developer Virgil Griffith, helping North Korea in evading sanctions using crypto assets. Per the press release issued by the Office of Public Affairs, Spanish citizen Alejandro Cao de Benos (Aged 47), and British
Banking on the latest popularity of non-fungible tokens (NFTs), Li Ning, a popular Chinese sports apparel brand, has announced that it plans to release a Bored Ape Yacht Club-themed apparel line that would boast Bored Ape #4102 on its merchandise. The company announced the new strategy on China’s social media platform Weibo where it revealed
After making a very public business proposal, the world’s biggest billionaire Elon Musk may actually acquire social media giant Twitter, several media outlets reported Monday. Citing two sources familiar with the matter, The New York Times reported that both parties have been negotiating the $46.5 billion buyout Musk offered Twitter in exchange for buying 100%
Lakewood, United States, 25th April, 2022, Chainwire The decentralized social media landscape is changing rapidly as Elon Musk closes in on his bid to buy Twitter. More and more people are looking for a change as they are tired of 5 companies owning the world’s information. These big tech incumbents dictate what content we consume,
