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, โCBDCs could introduce more vibrancy and innovation, leading to more tailored and compelling value propositions for both payers and payees,โ the report says. Source
Day: April 12, 2022
CoinFund, Galaxy Digital Lead $3.5M Round for Dapp Cloud Computing Startup
โCloud computing allowed new companies to exist where they couldnโt before. It created a new market by offering infrastructure as a service,โ said CoinFund CEO and founder Jake Brukhman in a press release. โSocket 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
โThe 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. โWeโre allocating the appropriate resources to make sure weโre not just spinning up a new protocol as fast as possible, which requires capital.โ Source
First Mover Americas: Bitcoin Eyes Fastest US CPI in 40 Years, Monero Shines
The latest moves in crypto markets in context for April 12, 2022. Original
Circle Raises $400M as BlackRock Explores USDC
BlackRock and Fidelity headlined the stablecoin issuer’s latest funding round, which follows a $440 million raise from last May. 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
โถ Coinbase Website: Coinbase.com โถ 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 ๐ฅ ๐ Register at buildspace to claim your FREE NFT for building this project ๐ โ Create your account on Moralis to mint your own NFT’s ๐ ๐ฅ Get the free boosted plan with Sanity ๐ ๐ GitHub Repo: ๐ค Get FREE test Rinkeby Ethereum here: You’ll be learning about: ๐ Building a Web 3.0 Application with Next JS…
Ariana Grandeโs 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,…