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” Russia to begin work on CBDC settlement system in Q1 as sanctions endure: Report “ Russia’s central bank is reportedly set to begin developing a cross-border settlement system using its Central Bank Digital Currency (CBDC) amid ongoing sanctions in response to its invasion of Ukraine. The plans to move forward with Russia’s digital ruble…
” The ‘Elon effect’ shows how opinion leaders shape the fintech market “ The power that influencers have in affecting public perception and therefore causing alterations in the value of a product, service, asset or currency has increased to the point where they can crash or uplift entire markets with their content and takes. The…
” How to keep your crypto safe in 2023: a few tips from an analyst “ There is no excuse for not putting a few hours of research into how to properly custody your crypto, according to lead on-chain analyst James Check. Joining the latest debate around self-custody, the analyst pushed back against the notion that…
” Belgian MP receives Bitcoin salary for a year: Here’s what he learned “ At the end of January 2022, member of the Belgian parliament Christophe De Beukelaer became the first European politician to convert his salary to Bitcoin (BTC). Celebrating the anniversary of this experiment, Cointelegraph reached out to a lawmaker to know more…
” Crypto layoffs mount as exchanges continue to be ravaged by the prevailing bear market. “ There’s no denying that the crypto market has been gripped by immense bearish pressure over the past year, as made evident by the fact that the total capitalization of this sector has continued to hover below the $900 billion…
” New York-based bank exits crypto after tumultuous year “ The last year proved to be another turbulent year for the crypto industry. From a lasting market downturn and exploits in decentralized finance (DeFi) to the FTX scandal, no area was left unscathed. For some, the happenings in the space proved unsustainable for business. The…
” Less than 100 Bitcoin ATMs added worldwide in the second half of 2022: Data “ While Bitcoin (BTC) ATMs were an afterthought to Satoshi Nakamoto’s vision of sound money, they are now considered one of the main pillars of Bitcoin’s mainstream adoption. However, the global Bitcoin ATM network, which used to add thousands of…
” Mexico’s digital peso delayed, unclear launch date “ Mexico’s central bank digital currency (CBDC) development is still in an initial phase, and it is unlikely to be ready for launch by 2024. According to local media reports, Mexico’s central bank, known as Banxico, is currently working on legal, administrative, and technological requirements for the…
” Ferrari cuts ties with crypto sponsor ahead of 2023 Formula One season “ Scuderia Ferrari, the racing division of luxury carmaker Ferrari, joined the growing list of Formula One racing teams to end partnerships with their cryptocurrency sponsors. Ferrari exited its multi-year partnership deals with Velas Blockchain and chip manufacturing giant Snapdragon, resulting in…
” Using blockchain technology to combat retail theft “ The retail industry is one of the most important sectors of the United States economy. Unfortunately, the COVID-19 pandemic has left the trillion-dollar retail sector vulnerable to in-store theft. Findings from the National Retail Federation’s 2022 Retail Security Survey show that retail losses from stolen goods…