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“# German federal bank runs successful blockchain system without a CBDC ” Germany’s federal bank, the Deutsche Bundesbank, has run successful tests on a project which bridges the traditional finance infrastructure with blockchain technology. Despite the current global rush by central banks to familiarise themselves with central bank digital currency technology, the testing carried out by the…
“# Wirex halts UK signups after consultation with financial regulator ” London-based cryptocurrency and fintech firm Wirex has announced that it will no longer take on new U.K.-based customers following discussions with the jurisdictional regulator, the Financial Conduct Authority. The decision to temporarily halt U.K. sign-ups was apparently voluntary, according to a press release posted…
“# Vitalik Buterin: NFTs can be a social good, not just a casino for rich celebrities ” Ethereum co-creator Vitalik Buterin believes NFTs can be applied to socially relevant causes such as charities and funding public goods, but not while the technology is still viewed as a “casino that largely benefits already-wealthy celebrities.” The author…
“# Hermez Network launches zk-rollups on Ethereum mainnet to process cheap payments ” Hermez Network has announced on Wednesday the launch of its zk-rollup mainnet release. This means that the network is now open for users, who can benefit from the rollup’s much lower transaction costs than Ethereum. Zk-rollups use zero knowledge proofs to verify…
“# Nifty News: NFT searches at ICO-mania levels, a robot and Snoop Dog drop NFTs, plus more ” Interest in non-fungible tokens, or NFTs, has surged to almost the level of searches for the term ‘ICO’ during the 2017 bull market mania, according to data from Google Trends. With eight days left in March, the…
“# No-collateral lending protocol Teller opens public alpha to NFT holders ” Teller Finance, a project building an undercollateralized lending protocol for decentralized finance, has announced the launch of its mainnet alpha stage. This will enable certain users to obtain credit without requiring to post collateral, which is the case for most other DeFi lending…
“# Brave browser to integrate dedicated Binance Smart Chain defi wallet ” The privacy-centric web browser Brave will soon integrate a dedicated Binance Smart Chain wallet, according to a recent announcement, opening up the browser’s users to BSC’s ecosystem of DeFi products. Although Brave can already be configured to jump onto Binance Smart Chain manually,…
“#Someone just bought a virtual ‘NFT’ house for $500,000” An artist has sold a house that no one can ever live in for $500,000. That’s because the house is virtual – it’s a digital file traded online just like Bitcoin. It sounds bizarre, but it’s part of a new online trading craze. Buyers are swapping…
“# China’s digital yuan will offer best privacy protection, says official ” Chinese authorities are willing to ensure maximum user privacy for the country’s central bank digital currency, or CBDC, according to an official at the People’s Bank of China. Mu Changchun, head of the People’s Bank of China’s digital currency research institute, spoke of…
“# William Shatner-backed firm teams up with Mattereum for NFT provenance tracking ” Blockchain authentication outfit Third Millenia — founded by science fiction icon William Shatner — has partnered with Mattereum, a London-based “digital twin” trading platform, to launch an initiative focused on nonfungible token provenance. “Digital twins” refer to real-world asset NFTs, or rwaNFTs…