Iran to begin ‘crypto rial’ CBDC trial despite possible lack of infrastructure: Report
The crypto rial has been in preparation for years; its introduction comes on the heels of the country’s introduction of...
Year: 2022
Jerome Powell is prolonging our economic agony
Jerome Powell is lengthening economic pain by refusing to raise interest rates at the necessary pace. It’s time to rip...
Japanese banking giant Nomura launches digital ecosystem VC arm
“Staying at the forefront of digital innovation is a key priority for Nomura,” said president and group CEO of Nomura...
Hong Kong Monetary Authority provides update on retail CBDC that may become DeFi onramp
The monetary authority is developing a wholesale CBDC separately and earlier; it is looking at prospective retail use cases despite...
As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’
Two days ago, U.S. president Joe Biden was criticized for claiming inflation in America hasn’t increased during the past few...
Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation
The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a percentage point. The central...
World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices
The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a...
Africa-Focused Crypto Exchange Yellow Card Raises $40 Million via Series B Round
Africa-focused crypto exchange Yellow Card recently revealed it has closed its $40 million Series B funding round. The exchange’s announcement...
Price analysis 9/21: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
Bitcoin and altcoins rallied ahead of the Fed’s rate hike decision, indicating that traders viewed the 0.75% rate hike as...
Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%
In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%,...
Kraken’s Jesse Powell will step down as CEO, move to board chair
Jesse Powell will be succeeded as CEO by chief operating officer Dave Ripley, who has been with the crypto exchange...
Bandai Namco, SEGA eyeing blockchain gaming: Nifty Newsletter, Sept. 14-20
Ryo Matsubara, representative director of Oasys, told Cointelegraph that Japanese gaming giants have a long-term vision for blockchain gaming. In...
Societe Generale launches custodial services for crypto fund managers
The firm is also in the process of testing a digital euro together with the European Central Bank. According to...
Tether says new court order to produce USDT reserve backing is a ‘routine discovery matter’
The issue deals with a lawsuit that has been ongoing since October 2019. On Wednesday, Tether (USDT), the issuer of...
Are noncustodial crypto wallets a practical option for the everyday hodler?
Noncustodial wallets are more secure than custodial wallets, but it may take time for everyday, non-technical users to get used...
