Day: October 28, 2021

Central Bank of France Tests Blockchain-Backed CBDC Targeting Debt Market

As the adoption of digital assets is becoming more mainstream, some countries are awakening to join the flow. This has borne the desire to get a central bank digital currency, CBDC, by some countries. One of such countries is France. For some months, the Central Bank of France has explored a central bank digital currency (CBDC). Recently, the apex bank is rounding off a remarkable trial of a CBDC based on blockchain within the country’s debt market. According to the reports, there has been a 10-month testing experiment for a…

LinkedIn reports crypto and blockchain job listings have surged 615% since August 2020

Online employment-oriented platform LinkedIn has reported demand for employees with experience in crypto or blockchain is on the rise across many companies. According to a Wednesday report from LinkedIn editor Devin Banerjee, data from the platform’s Economic Graph team shows job postings in the United States that included terms like “blockchain” or “crypto” grew 615% compared to those in August 2020. The data shows that while many jobs with companies already focused on crypto and blockchain contributed to this rise, traditional financial institution J.P. Morgan was among the top employers…

The CFTC vs. the Truth

The U.S. Commodity Futures Trading Commission (CFTC) has neither confirmed nor denied a report that it’s investigating a popular Ethereum-based betting market. But you’re free to place bets on the likelihood of such a probe on the platform at the center of the kerfuffle, Polymarket. Founded in March 2020, Polymarket allows a wide range of individuals to place bets on the likelihood of real-world events. Still in beta testing mode, the so-called “truth market” has seen some $4 billion shares trade over its lifetime. This article is excerpted from The…

Facebook rebrands to Meta as focus expands beyond social media

Facebook Inc. announced Thursday that it has changed its company name to Meta — marking the first major rebrand for the social media giant.  The name change, which reflects the company’s growing ambitions beyond social media, was unveiled by CEO Mark Zuckerberg at the Facebook Connect conference. An accompanying news release laid out the company’s vision for creating a “metaverse” that connects online social experiences and the physical world. Facebook Connect is an annual conference that brings together virtual reality developers, content creators and marketers. This year’s event is heavily…

What $1000 In SHIB Is Worth Now

Shiba Inu’s latest rally has taken the coin to a profit of 1000% over the last month. Here’s how much money you would have made if you had invested $1000 during different points in SHIB’s history. Shiba Inu Is Up 1000% In The Last Thirty Days The entire crypto market has been rallying up this past month and many coins, including Bitcoin and Ethereum, have set new all-time highs (ATHs). But the most impressive of all has to be Shiba Inu’s rally that has taken the coin up 1000% over…

4 Reasons Not to Invest in Bitcoin Futures ETFs

Bitcoin futures exchange-traded funds (ETFs) have arrived in the U.S. with the Securities and Exchange Commission (SEC) approving ProShares’ Bitcoin Strategy ETF (BITO), and a string of others is expected to follow. Should you buy any of these? As I’ve told subscribers to my Crypto Capitalist Letter, the short answer is no. Mark E. Jeftovic is the CEO of easyDNS and author of The Crypto Capitalist Letter. Here’s why: We have better ways to gain our exposure to bitcoin, and here we’ll look at why a bitcoin futures ETF has…

Supply chain woes and the growth of Web 3.0 back OriginTrail’s fresh ATH

Supply chain management continues to be an important area of focus and concern for the global economy, especially with the current shipping backlog at major ports across the globe and the dwindling supply of items available on store shelves.  Interestingly, OriginTrail — a logistics and supply chain management-focused blockchain protocol — has been gaining traction over the past couple of months. And this week, the project’s TRAC token hit a new all-time high. Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $0.278 on Aug.…

Supply chain woes and the growth of Web 3 back OriginTrail’s fresh ATH

Supply chain management continues to be an important are of focus and concern for the global economy, especially with the current shipping backlog at major ports across the globe and the dwindling supply of items available on store shelves.  Interestingly, OriginTrail (TRAC), a logistics and supply-chain management-focused blockchain protocol, has been gaining traction over the past couple of months and this week the project’s TRAC token hit a new all-time high. Data from Cryptox Markets Pro and TradingView show after hitting a low of $0.278 on Aug. 29, the price…

Coinbase regains #1 position on Apple App Store as Crypto​.com jumps to third

Cryptocurrency exchanges Coinbase and Crypto.com are now two of the most downloaded apps for the United States Apple App Store, topping the charts at first and third place, respectively. According to the Top Charts list on the Apple App Store, Coinbase has regained its position as the most popular app in the United States ahead of TikTok. However, Crypto.com’s app surged in the number of downloads on Thursday to jump ahead of both YouTube and Instagram, moving from the fifth to the third position in a matter of hours. Robinhood’s…