U.S Representative Josh Gottheimer (D-NJ) has introduced a bill that would establish government-backed insurance for stablecoins, according to a report by Politico. Source
The 2022 Winter Olympics, officially called the XXIV Olympic Winter Games, kicked off on Feb. 4 in Beijing with crypto being a major part of the event, partly because of the Chinese government’s digital currency ambitions. The cryptocurrency community hasn’t had strong ties to the Olympics over the last few years. The last major headline-grabbing interaction was when the Dogecoin (DOGE) community helped fund the Jamaican bobsled team in 2014 so they could attend the event in Sochi. The 2022 Winter Olympics, however, are making history due to the presence…
press release PRESS RELEASE. LONDON, February 15, 2022 – Independent video game studio and publisher Utopian Game Labs, has teamed up with alphabit fund, the crypto asset fund advancing the overall development of the sector by investing in the world’s most innovative blockchain projects, to bring you Time Raiders, a fast-paced shoot and loot NFT game in which players travel through time to fight enemies and take treasures and resources back to their own time. Joining the ranks of play-to-earn (P2E) NFT games such as Axie Infinity and Zed Run,…
Maverick, a decentralized crypto derivatives protocol, has raised $8 million in a recently concluded funding round led by Pantera Capital. Other prominent crypto VCs who participated in this strategic funding round include Circle Ventures, Altonomy, Coral Ventures, CMT Digital, GoldenTree Asset Management, Gemini Frontier Fund, Spartan Group, LedgerPrime, Jump Crypto, Taureon and the Tron Foundation. The funding will be used to launch Maverick’s mainnet (expected in mid-2022) and scale the underlying protocol. Unlike the existing DEXs which are built on the Automated Market Maker (AMM) infrastructure, Maverick leverages a Gaussian…
The unit is part of the Entrepreneurial and Technological Empowerment Program, which is supported in South Africa by the U.S. Department of State. Source
Amid more reports on the Bank of Russia rejecting the finance ministry’s proposal of cryptocurrency regulation, the central bank has kicked off trials of its own digital currency. The Russian central bank has officially launched the digital ruble trial, successfully completing the first central bank digital currency (CBDC) transfers among citizens, the Bank of Russia announced Tuesday. The launch aligns with the bank’s plans to debut the first digital ruble transactions in early 2022. Three banks out of 12 financial institutions in the digital ruble pilot group have already integrated…
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Fidelity International is to list its first bitcoin exchange-traded product (ETP) on the Deutsche Börse in Frankfurt and SIX Swiss Exchange in Zurich. Original
In the end, Quentin Tarantino ’s “Pulp Fiction” NFT Collection collapsed under its own weight. Did Miramax’s lawyers scare them off? Or was there not sufficient interest in the collection by the buyers? Did the Secret Network have any technical problem that they’re not telling us about? Sadly, we can’t answer those questions at the moment. Something happened, though. We will present the facts and nothing but the facts so that each one can arrive at their own conclusions. As a reminder, in the collection’s official site they now describe…