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” Taiwan central bank governor considers interest-free CBDC design to prevent fiat deposit flight “ As reported by local news outlet bnext.com on Wednesday, Chin-long Yang, governor of the Central Bank of the Republic of China (Taiwan), recommended a no-interest design for the country’s central bank digital currency, or CBDC, pilot. In explaining the decision,…
” Lending network enables transparent credit history in Africa via blockchain partnership “ African mobile banking platform Aella has partnered with Creditcoin Network to make credit histories transparent cby integrating all its transactions into Creditcoin’s public blockchain. In an announcement sent to Cointelegraph, Creditcoin said that all Aella’s credit transactions will be recorded on the…
” Bitcoin Lightning Network developer updates node software with Taproot support “ Lightning Labs, a developer of the Bitcoin (BTC) Lightning Network (LN), released a beta version of the Lightning Network Daemon (lnd) — a complete implementation of the LN node — with added support to the latest protocol upgrades including Taproot and Musig2 among…
” Trader puts faith in crypto despite the failed first investment “ From the highs of feeling like a total genius to the lows of downward price movements, crypto investing has taken Dubai-based trader JC Enriquez on a roller coaster ride. In an interview with Cointelegraph, Enriquez shared his crypto trading journey, starting from his…
” Bear market will last until crypto apps are actually useful: Mark Cuban “ Mark Cuban, the billionaire entrepreneur known for his role as one of the main investors on the reality television show Shark Tank, said the crypto bear market won’t be over until there’s a better focus on applications with utility. He also…
” Bitcoin miner Mawson to defer all major capital expenditures until market conditions normalize “ On Tuesday, Bitcoin (BTC) mining company Mawson Infrastructure Group said that it was suspending major capital expenditures until market conditions normalize. In addition, the firm is voluntarily reducing its energy use, also called demand response, in light of the market…
” Are custodied crypto funds at risk? Industry veterans explain “ With rumors of insolvency flying high among crypto firms such as Celsius and Three Arrows Capital, investors couldn’t help but ask a simple question: What happened to all the funds that were supposedly under “safe custody?” As it turns out, a small fraction of…
” Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K “ Bitcoin (BTC) visiting the $20,000 range after one and a half years made mining — the most important job of the ecosystem — a costly affair. However, if history were to repeat itself, BTC investors may witness another epic bull run that…
” CoinFLEX recovery plan includes tokenized bad debt and more yields “ Crypto investment platform CoinFLEX aims to rectify its liquidity shortage and restart user withdrawals by selling off bad debt through a new $47 million token offering. The new token is known as Recovery Value USD (rvUSD) and will be worth $1 each. It…
” Harmony hacker sends stolen funds to Tornado Cash mixer “ The funds from Harmony’s Horizon Bridge have begun to move into the Tornado Cash Ethererum mixer, signaling that the attacker has no intention of accepting the $1 million bounty offered. The decision to obfuscate the ill-gotten gains answers questions about whether the Harmony team’s…