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“# Blockchain not suitable for CBDC, says Swiss national bank economist ” Blockchain, the underlying technology of cryptocurrencies like Bitcoin (BTC), is not the right solution for a central bank digital currency, according to an economist at Switzerland’s central bank. Carlos Lenz, chief economist at the Swiss National Bank, argued that blockchain-based decentralization features are…
“# DAOs prepare to face off: Would vigorous IP battles be good for DeFi? ” Curve Finance, a decentralized exchange for stablecoin trading, is one of the world’s largest decentralized autonomous organizations (DAO), with $6.5 billion in deposits, but last week, one of its token holders made an unusual proposal: The Ethereum-based DAO should “engage…
“# The radical need for updating blockchain security protocols ” Decentralized finance (DeFi) is here to stay with over $100 billion in total value locked (TVL), highlighting the evidence of faith in these new financial tools. This investment will continue to increase, but it appears that with each new record in TVL, there is another…
“# Colombian capital supports blockchain and emerging tech with $2.3M fund ” Colombia’s capital of Bogotá is funding blockchain development as part of the city’s broader investment in innovative technologies. According to a Monday announcement on the city of Bogotá’s official website, the municipal government will provide 8.8 billion Colombian pesos ($2.3 million) to local…
“# Better, faster, cheaper: How DeFi will kill the retail bank ” The world runs on consumer spending and consumer saving. It is everyday people who actually power the most important parts of the global economy and the global financial system. For consumers, this system runs through their retail bank. It is where most people…
“# Ethereum London upgrade launches on testnet as 100K staked in a day on Eth2 ” Ethereum’s forthcoming London upgrade, containing the highly-anticipated Ethereum Improvement Proposal (EIP) 1559, has been deployed on the Ropsten testnet. Following the June 24 launch on Ropsten, London is now expected to progress through Ethereum’s Goerli, Rinkeby, and Kovan testnets…
“# Shanghai Man: China retains mining control? Alipay’s ancient NFTs and Amber’s big raise ” This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. So low you’ve got to reach up to…
“#Chilean scientists repurpose CO2 monitors to stop COVID spread indoors” SANTIAGO, June 23 – Chilean researchers have repurposed a carbon dioxide detector model to warn of the risk of contracting COVID-19 in enclosed spaces. The prototype measures air pollution which, in a room with people, would include the coronavirus if anyone was infected since it…
“# Blockchain.com introduces username-based crypto transactions ” Major crypto wallet provider Blockchain.com is integrating with Unstoppable Domains to simplify sending crypto funds for its customers. Unstoppable Domains announced Thursday that it had integrated native support for Blockchain.com, enabling that latter’s 32 million verified users to send funds with a username instead of a full-length crypto…
“# Nigeria’s comms minister links blockchain to national digital innovation efforts ” Speaking during Wednesday’s annual Digital Africa Conference, Isa Pantami, Nigeria’s Minister of Communications and Digital Economy, identified blockchain as part of the government’s focus on emerging technologies, according to a report by Voice of Nigeria. Highlighting the conference theme — “Building a New…