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“# Lebanon to launch digital currency in face of economic and financial turmoil ” Lebanon’s central bank plans to launch a new digital currency in 2021 as part of a broader effort to combat a parallel economic and financial crisis that has engulfed the country. Central bank governor Riad Salameh told a gathering of officials Monday…
“# Zebpay is launching a nonfungible token marketplace in India ” Cryptocurrency exchange Zebpay, which claims to have a user base of over 3 million users in India, is now exploring broader crypto market opportunities, such as digital collectibles. With its launch of a new marketplace called Dazzle, Zebpay has chosen to expand into the non-fungible…
“# Bayern Munich taps the trend for blockchain-based fantasy soccer ” German soccer club FC Bayern Munich, which plays in the country’s Bundesliga, is entering the world of blockchain-based fantasy soccer. The Ethereum blockchain-based fantasy soccer game Sorare, which Bayern joined this week, already counts over 100 participant clubs, including high-profile names such as Paris Saint-German, Juventus, PSG,…
“# Blockchain-based agri-commodity trading to tap world’s largest wheat market ” Following two years of pilot testing, a blockchain trade and financing platform for global agricultural trading has seen its commercial rollout from Swiss developer Cerealia SA. The launch follows extensive pre-launch trial implementation with firms from Algeria, Brazil, Dubai, Japan and Ukraine. In November…
“# Investors are back into Bitcoin but DEXs are still the future of crypto ” Bitcoin’s long-waited bull run and the recent wave of corporate and institutional investors allocating significant portions of their reserves to Bitcoin (BTC) are all signs that the pace of crypto’s mainstreaming is rapidly accelerating: But has the path to mass…
“# US Fed economists are exploring the “intrinsic” value drivers of CBDCs ” The Federal Reserve has broadened its research on central bank digital currencies, or CBDCs, in a new review that was posted to its website Monday. In a report titled, “Central Bank Digital Currency: A Literature Review,” Fed economists Francesca Carapella and Jean…
“# As US election dust settles, crypto traders and analysts eye new administration ” While some in the community continue to question the outcome of the US Presidential election, mainstream media outlets and the Associated Press have definitively called the race for former Vice President and current President-Elect Joe Biden. But with uncertainty out of…
“# Japanese firm Layer X Labs develops blockchain-based e-voting protocol ” Japanese firm Layer X has announced the development of an electronic voting system based on a blockchain protocol as part of a wider “smart city” initiative being pursued by Tsukuba City. The Tokyo-based company said that the new system will meet the technical needs…
“# DeFi won’t last long without unlocking Bitcoin’s $250B treasure chest ” Decentralized finance is a fairly new, nuanced concept for mainstream audiences. At its core, DeFi promises a revamped global financial system equipped with savings, loans and inventive yield-earning opportunities that enable innovative financial products without centralized gatekeepers. Since Jan. 1, this promise has…
“# Real estate markets look to blockchain as COVID-19 pressures industry ” A number of industries are being negatively impacted by the COVID-19 pandemic, including the United States housing market, which is valued at $33.6 trillion. Recent findings from Zillow, an American online real-estate database company, show that despite low mortgage rates, the coronavirus has slowed…