Banks May Face Competition From CBDCs, Study Suggests

Profit-driven banks may be more interested in seeking wealthy clients, rather than ensuring access to the financial system for the 1.7 billion people who don’t have access, the FSI argued. By allowing new kinds of private payment providers into the market, โ€œCBDCs could introduce more vibrancy and innovation, leading to more tailored and compelling value propositions for both payers and payees,โ€ the report says. Source

CoinFund, Galaxy Digital Lead $3.5M Round for Dapp Cloud Computing Startup

โ€œCloud computing allowed new companies to exist where they couldnโ€™t before. It created a new market by offering infrastructure as a service,โ€ said CoinFund CEO and founder Jake Brukhman in a press release. โ€œSocket Supply brings cheaper, more secure, and more usable tooling based on Web 3 decentralization technology to the mass market of developers.โ€ Source

RociFi Labs Raises $2.7M to Enable On-Chain Credit Scoring for DeFi

โ€œThe biggest thing is being able to get the protocol to mainnet, but do it in a safe manner,โ€ RociFi Labs CEO Christopher Brookins told CoinDesk in an interview. โ€œWeโ€™re allocating the appropriate resources to make sure weโ€™re not just spinning up a new protocol as fast as possible, which requires capital.โ€ Source

US Inflation Jumps to Fresh 4-Decade High of 8.5% in March

“Inflation likely peaked in March, with the biggest contributions coming from gasoline and food prices, which could stabilize in the next few months,” Navy Federal Credit Union’s corporate economist Robert Frick said. “But high inflation will be with us at least through the summer because increases in other prices, especially shelter and services, will be sticky.” Source

Financial Services Company DTCC Working With Digital Dollar Project on CBDC Prototype

While a CBDC can serve multiple purposes, Project Lithium is particularly focused on the needs of the financial services industry, such as how a CBDC could benefit the clearing and settlement of securities. For example, the project aims to demonstrate direct, bilateral settlement of cash tokens in real-time delivery-versus-payment (DVP) settlement. Source CBDCCompanyDigitalDollarDTCCFinancialProjectPrototypeServicesWorking CryptoX Portal

Applied Blockchain Adjusts $60M Nasdaq IPO

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Build Tinder Blockchain Web 3.0 App with Moralis | Solidity | Next.js | Sanity.io

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io In this tutorial, you’re gonna be building the Tinder Blockchain Web 3.0 App using Moralis, Solidity, Next JS, Sanity.io, Tailwind CSS, and Vercel ๐Ÿ”ฅ ๐Ÿš€ Register at buildspace to claim your FREE NFT for building this project ๐Ÿ‘‰ โœ… Create your account on Moralis to mint your own NFT’s ๐Ÿ‘‰ ๐Ÿ”ฅ Get the free boosted plan with Sanity ๐Ÿ‘‰ ๐Ÿ”— GitHub Repo: ๐Ÿค‘ Get FREE test Rinkeby Ethereum here: You’ll be learning about: ๐Ÿ‘‰ Building a Web 3.0 Application with Next JS…

Ariana Grandeโ€™s fundraiser for trans visibility adds crypto option

Pledge, a fundraising platform, has created “PledgeCrypto,2/51” which allows non-profits to accept crypto donations in more than 130 cryptocurrencies, including Bitcoin, Ethereum, and Tether, and then turn them into fiat money. Fundraising platform Pledge has launched PledgeCrypto to allow nonprofits to accept crypto donations in more than 130 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH) and Tether (USDT), and then turn them into fiat money. Famous music artist and prominent advocate for transgender rights Ariana Grande, who is also the founder of her own charity, Protect and Defend Trans Youth Fund,…