Tag: launching
Blockchain Gaming Ecosystem GG DApp is Rewarding Investors and Developers
Will This Perpetual Limitation Take Solana’s Sol Down To $100 This Alt Season?
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The global crypto market is now an address to a host of potential protocols, which have turned tables for the industry. The protocols have also managed to uplift the diverse sectors of the industry, with robust and lucrative fundamentals. While legacy protocols have been imperative in widespread publicity of the industry. It is the courtesy …
Curve Boosts Layer 2s with Launch on Optimism
Malaysia’s Central Bank Exploring the Potential Launch of a CBDC
The Central Bank of Malaysia, also known as the Bank Negara Malaysia (BNM) is exploring the possibility of launching its own central bank digital currency (CBDC). At the moment, the project is still in a “research mode” as the Asian nation is only looking towards “assessing the value proposition” of digital currencies. In an email written to Bloomberg, BNM stated: “BNM is actively assessing the value proposition of CBDC to Malaysia.” adding, “While a decision has not been made to issue CBDC, we have focused our research on CBDC via proof-of-concept and experimentation to enhance our technical and policy capabilities, should the need to issue CBDC arise in the future.” Earlier last year, Malaysia allied with the Bank for International Settlements, South Africa, Australia, and Singapore to develop a proof-of-concept CBDC pilot. Dubbed Project Dunbar, the pilot utilized the Corda and Quorum blockchain platforms from r3 and ConsenSys, to demonstrate the capabilities of blockchain-based cross-border remittances. The goal behind this includes developing a multi-CBDC platform to bring together central banks and commercial banks from over the world for cross-border payments solutions. Several countries have been testing the use of central bank-issued digital currencies. For instance, Thailand’s central bank has planned to test its retail CBDC for the public this year. Similarly, Cambodia has already rolled out its tokenized version of Cambodian riel, a blockchain-based CBDC called Project Bakong, and is recognized as one of the world’s first CBDCs. The Indonesian and Philippine central banks have both been racing towards developing their own digital currency. Indonesia, for instance, said that it’s developing a CBDC to counter the increased cryptocurrency usage in the country. Meanwhile, China has been testing and developing its e-CNY digital currency and wants to officially introduce it during the 2022 Winter Olympics.
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Ava Labs President Says Total Crypto Market Cap Will Go to $5 Trillion in 2022
20% of the Chinese population has set up wallets for the country’s CBDC.
Chinese local media outlets report that approximately a fifth of the country’s population, some 261 million people, have set up wallets for the country’s central bank digital currency (CBDC), the digital renminbi (RMB). The information was revealed at a press conference held by the State Council Information Office on Jan 18. The reports also mentioned […]
Read full post 20% of the Chinese population has set up wallets for the country’s CBDC. on Chaintimes.com.
PlotX Secures a $5 Million Funding Round Led by Polygon and Hashed; Launches Staking Program
5 Best Penny Cryptocurrency to Buy January 2022
Bithumb NFT Marketplace Set To Launch This Year
Industry chatter suggests that major Korean exchange Bithumb is developing its own NFT marketplace under a partnership with LG subsidiary, LG CNS. Bithumb, a global cryptocurrency exchange with its headquarters in South Korea, announced today that its NFT marketplace is currently in the early stages of development. The launch is scheduled for 2022, but the [...]
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DDoS IRC Bot Malware Spreading Through Korean WebHard Platforms
BNY Mellon Sees Meaningful Revenue In Crypto by 2023 Post Clear Regulations
Bank of New York Mellon is optimistic about a meaningful revenue ticking from its crypto services. On Tuesday, January 18, the bank’s chief financial officer Emily Portney said that the bank is collaborating with Fireblocks, a unicorn FinTech that allows financial institutions to store crypto assets. Portney said that the U.S. regulators should provide more
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Vesper Finance Delivers New DeFi Yield Opportunities for LINK Holders
With Vesper Earn, users can deposit LINK and earn yield in the DAI stablecoin (and vice-versa) CHICAGO–(BUSINESS WIRE)–#DeFi—Vesper Finance, an easy-to-use decentralized finance (DeFi) platform for digital asset growth, announced that Vesper Earn now supports LINK, the token that powers the Chainlink decentralized oracle network. This enables users to deposit LINK, earn yield in the […]
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