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The Bitcoin (BTC) price rebound to a multi-month high has also positively affected mining stocks. Many crypto-mining stocks recorded their best monthly performance in a year. The surge in mining stocks also relieved the troubled miners who had to sell a significant chunk of their mined coins to boost liquidity in 2022. Bitfarms — one of the top BTC mining firms — registered a 140% surge in the first two weeks of January 2023, followed by Marathon Digital Holdings with a 120% surge. Hive Blockchain Technologies saw its stock value…
In its discussions, the Eurogroup observed that the digital euro should complement and not replace cash, be assigned a legal tender status, and ensure a high level of privacy. The group also added that the CDBC should be widely accessible to the public, guarantee access to central bank money for euro area users, and its design should consider environmental implications. Source
Andrew Bailey, the Bank of England (BoE) governor, expressed skepticism on the need for a digital pound shortly after finance ministers from eurozone countries backed further work on a digital euro. The BoE governor recently questioned the need for a wholesale central bank digital currency (CBDC) citing that there already is a “wholesale central bank money settlement system with a major upgrade.” In addition, Bailey also expressed that there are no plans to abolish cash when it comes to retail use. The BoE governor does not believe that retail payments…
After months of research, the Tanzanian central bank announced recently that it had chosen a more cautious and risk-based approach towards the adoption of its central bank digital currency (CBDC). During the research phase, the central bank said it paid particular attention “to risks and controls associated with issuance, distribution, counterfeit and usage of currencies.” Finding the Right CBDC Technology The Bank of Tanzania (BOT) announced on Jan. 14 that it had “adopted a phased, cautious and risk-based approach to adoption of CBDC [central bank digital currency].” The bank also…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io La polémica entorno a Ethereum y a su actualización a Ethereum 2.0. continúa… ETH 2.0 es una de las actualizaciones más esperadas por la comunidad, que lleva varios años posponiéndose y que podría suponer un antes y un después no solo para el proyecto sino para la comunidad Crypto en general. Ya que muchos analistas e Inversores piensan que Ethereum podría llegar a destronar a Bitcoin en capitalización de mercado convirtiéndose de esta manera en la Criptomoneda de mayor referencia. En el…
Gate US, a blockchain and digital asset infrastructure provider has received licenses to operate its exchange platform in several US states. Gate US has set its sights on becoming the leading blockchain and digital asset infrastructure provider in the US and will provide digital asset trading services to retail and institutional clients. Dr. Lin Han, Founder and President of Gate US as well as Gate Group, says that “Gate US is committed to regulatory compliance. In alignment with such commitments, Gate US has proactively registered as a money services business…
Simply trading carbon credits, on the blockchain or otherwise, won’t solve a lot for the environment as companies must understand why they’re using them and how to make a real impact, carbon blockchain executives argue. During a panel session in Davos, Switzerland, moderated by Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr on Jan. 16, several executives from carbon blockchain platforms spoke about the increasing interest from companies in carbon trading. Karen Zapata, the COO of carbon blockchain platform ClimateTrade, said that sustainability had been a “trending topic” with many companies keen to…
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SkyBridge Capital managing partner Anthony Scaramucci has opened up about the “betrayal” he felt over the actions of FTX founder Sam Bankman-Fried, who he said he once considered a “friend.” Speaking at Casper Lab’s Blockchain Hub event in Davos, Switzerland on Jan. 16, Scaramucci emphasized that in the aftermath of the FTX debacle, he felt “betrayed” by Bankman-Fried given that he had a close friendship with both him and his family. “I have to tell you that the betrayal and the fraud, its bad on a lot of different levels,…