Backpack, a forthcoming project from Solana developer Coral, will give users ownership of application code. Source
FTX Ventures, Jump Crypto Lead $20M Fundraise for Executable NFT Wallet
Day: September 28, 2022
Cardano Price Misses Fireworks On Its Birthday, Will ADA Fall?
The Cardano price has followed the general sentiment across the market and traded to the downside over the past week. The cryptocurrency lost its spot as one of the valuables in the crypto top 10 by market capitalization and could be poised to see further losses. At the time of writing, the Cardano price trades at $0.43 with a 6% loss and 2% loss over the last 24 hours and 7 days, respectively. As ADA trades to the downside, some major cryptocurrencies have been able to score profits and are…
Crypto VC Pantera Capital Looks to Raise $1.25B for Second Blockchain Fund: Report
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India's Enforcement Directorate Freezes $1.5M in Bitcoin in Gaming App E-nuggets Case
The ED alleges the accused was transferring part of the money overseas by using “cryptocurrency exchange,” the ED said. One dummy account was opened in Indian exchange WazirX from where crypto purchased was transferred to an account in Binance. A balance of as many as 77.6 Bitcoins worth Rs 128 million ($1.5 million) approx. have been frozen in that Binance account. Original
Fantom Surprises With 5% Rally In Last 24 Hours – More Gains Ahead?
Fantom (FTM) bounces back with a 5% rally in over 24 hours after it hit a massive low yesterday. On-chain metrics hint at a bull run. Still, buyers are still advised to be extra cautious. FTM rallied 5% in the past 24 hours Fantom’s on-chain metrics hinting a bullish movement FTM experiencing strong selling pressure FTM bulls are still trying to push through the resistance. Evidently, the downward movement in the past couple of weeks highlights that the lower timeframe is generally bearish. Fantom Down Since August Judging by the…
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Algorithmic Stock Platform Delphia Debuts Digital Asset Component
“Integrating the Ecosystem into the Delphia asset management platform will enable us to further incentivize people to share their data and increase the overall value of the data for those investing with Delphia,” said company CEO Andrew Peek. “The Ecosystem, as well as PHI, provide our investors with what we think is the best way to leverage their proprietary data and increase their returns,” he added. Source
ECB Official Defends Amazon’s Role in ‘Autonomous’ Digital Euro
Amazon, which will look into the use of CBDC’s in e-commerce, is the only non-EU company included in the selection, which also comprises payment companies Nexi and Worldline, Spain’s CaixaBank (CABK), and the European Payments Initiative, a consortium of euro area banks. Source
Pro sports league Karate Combat to launch DAO for fan, athlete governance
Karate Combat, a prominent full-contact martial arts league, announced the decision to form a decentralized autonomous organization (DAO) to transition its governance to fans and athletes. Karate Combat’s DAO will be launched as part of a three-year sponsorship deal with Hedera’s HBAR Foundation, expected to go live in December 2022. Holders of Karate Combat’s in-house governance token, KARATE, will get to vote on various decisions, which include determining the league’s budget, resource allocation, supplier selection, marketing strategy and rule changes. In addition, the DAO will enable fans to vote on…
Australia Issues White Paper for Central Bank Digital Currency – Finance Bitcoin News
Reserve Bank of Australia is researching the potential benefits of launching a central bank digital currency. The monetary authority released a white paper outlining its goals and invited interested parties to participate with proposals and suggest pilot projects. Central Bank of Australia to Pilot CBDC Until Middle of 2023 The Reserve Bank of Australia (RBA) has set out to explore use cases for a digital version of the Australian dollar. It’s collaborating on the project with the Digital Finance Cooperative Research Centre (DFCRC), a research program funded by the government…