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“# Bitcoin miner Rhodium set for IPO, valued at $1.7 billion ” The first IPO for the crypto industry in 2022 comes from a Texas-based Bitcoin (BTC) mining company, Rhodium Enterprises. In an SEC filing made last week, Rhodium plans to offer 7.69 million shares at $12-$14 each in an initial public offering (IPO). Trading…
“# Malaysia’s Central Bank actively assessing CBDC options ” Malaysia has joined the growing cadre of nations that are exploring the value of researching and developing a central bank digital currency (CBDC). Malaysia’s central bank, Bank Negara Malaysia, stated to Bloomberg on Jan. 17 that while a decision about exactly how to move forward with…
“# Panther protocol co-founder Oliver Gale discusses bringing zero-knowledge technology to multi-chain ” Privacy coins and zero-knowledge technology, which some use to obfuscate the identity of sends/receivers and transaction amounts, have gained enormous popularity in recent years due to mounting regulatory surveillance against the crypto sector. But despite their rapid rise in market cap, critics…
“# Down, but not out: Here’s why Theta could be a breakout star in 2022 ” 2021 was a rollercoaster ride for many projects in the cryptocurrency market but as is the nature of crypto, many tokens hit new all-time highs and then spent the following months drifting lower as the hype surrounding the project…
“# Crypto job posts on LinkedIn rocketed 395% in 2021 ” It wasn’t just a bull run for prices last year. Careers in crypto outstripped price action in 2021, as crypto job searches soared by 395% in the United States alone according to LinkedIn. Crucially, the crypto industry outpaced the wider tech industry, which also…
“# UK 3rd for ETH ownership as crypto adoption grows 1% in December: Survey ” British crypto enthusiasts were busy consolidating and rebalancing during the last gasp of 2021. Finder.com surveyed 2,013 Internet users in the United Kingdom in December 2021 with varying results. Since the last survey conducted in October 2021, U.K. crypto ownership…
“# 70% of Jamaica population to adopt CBDC in 5 years, prime minister says ” Central bank digital currency (CBDC) evolved into a hot topic in Jamaica when the country’s central bank successfully completed the first pilot test in early January. Following the tests, the country’s prime minister, Andrew Holness, has spoken confidently about CBDC…
“# CBDCs and stablecoins: EY advises banks to ‘prepare for what’s coming’ ” Big Four accounting firm Ernst & Young has recommended that banks should change their regulatory perimeter to address the oncoming launches of state-backed central bank digital currencies (CBDC) and private stablecoins. EY’s “2022 Global Regulatory Outlook” highlighted the need for a policy…
“# Bitcoin payments decline as other cryptocurrencies grow ” BitPay Inc., one of the world’s most well-known crypto payment processors, has seen a shift in the type of digital assets used for purchases over the last year, according to a Bloomberg report. According to Bitpay, Bitcoin’s (BTC) usage at businesses that use its payment system…
“# Is Walmart gearing up to enter the Metaverse? ” It appears that retail giant Walmart Inc. is getting ready to enter the Metaverse with patent filings indicating that it plans to create its own cryptocurrency and NFT collection. The multinational retailer filed several new trademarks with the U.S. Patent and Trademark Office on Dec….