“From a central bank perspective, they’re interested in financial stability and the links between a fiat traditional financial system and the crypto system,” Gordon told The Australian. “The Treasury in Australia is more interested and involved in setting the framework and we believe the RBA will increasingly get more involved as we move forward.” Source
“This investment in CNHC is part of KuCoin Ventures’ broader strategy of investing in the Web3 infrastructure in the APAC region,” Justin Chou, chief investment officer of KuCoin and lead at KuCoin Ventures, said in a statement. “Hong Kong has a well-established traditional finance ecosystem. With the regulation and new policy for next-generation digital assets, Hong Kong has a real opportunity at becoming the new crypto center of the world.” Source
The investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a Chinese yuan-pegged stablecoin issuer. KuCoin Ventures has led a $10 million investment into stablecoin issuer and blockchain-based payment service provider known as CNHC. Announcing the news on March 16, KuCoin Ventures said that the funding round included some prominent industry investors, including KuCoin’s investor IDG Capital and Circle Ventures, the investment arm of the USD Coin (USDC) issuer, Circle. KuCoin chief investment officer and KuCoin Ventures lead Justin Chou told Cointelegraph that…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Charles Hoskinson, founder of Cardano, points out the limitations of Ethereum’s and Bitcoin’s protocols. 0:00 Intro 0:48 What is your argument against post-Merge Ethereum? 4:43 Why do you think Bitcoin should abandon proof-of-work mining? 9:23 Why isn’t Cardano moving fast and breaking things? 11:25 Outro Subscribe to Cointelegraph Markets Pro: Check out the latest crypto merch at the Cointelegraph Store: Want to join the Cointelegraph team? Check out #Cointelegraph #Bitcoin #CryptoMarkets Subscribe to Cointelegraph: Follow COINTELEGRAPH: Website: Telegram: Facebook: Twitter: Cointelegraph covers…
With the use cases of NFTs constantly multiplying, there are many speculations as to what Amazon will focus on. Top players in the NFT space have adjudged the rumors of an Amazon NFT platform to be a potential game changer. The rumors started swirling about the platform after Amazon CEO Andy Jassy noted the e-commerce giant may sell NFTs. Since then, different reports have emerged outlining how the company could move forward with the initiative. One report even suggested that the e-commerce giant will be ready to launch the platform…
The Amazon Project Kuiper aims to offer high-speed internet to every part of the world. As Amazon (NASDAQ: AMZN) prepares to contend with Elon Musk’s SpaceX with Project Kuiper, the tech company plans to launch its first internet satellites into space before mid-2024. In its quest to provide broadband internet to global consumers, the company also intends to offer initial commercial tests of the satellite internet shortly after launching into space. Senior vice president of Amazon devices, Dave Limp, stated that the company will “definitely be beta testing with commercial…
The Pokemon Company, a corporation in charge of the development of the Pokemon brand, might be preparing to make some moves regarding the franchise and the metaverse. The company has opened a job opportunity that includes experience and knowledge of fields like blockchain, Web3, and the metaverse as a requirement, including connections with investors in these areas. The Pokemon Franchise Might Be Coming to the Metaverse The Pokemon franchise might be taking its brand to the metaverse. Fans of the franchise believe that the opening of a new job position…
The collapse of Silicon Valley Bank is unprecedented and the reverberations in the broader tech and financial ecosystem are notably very resounding. Silicon Valley Bank (SVB), dubbed as the biggest bank failure since the 2008 financial crisis has revealed that the buyer of the investment portfolio where it recorded a loss of $1.8 billion was the American banking giant, Goldman Sachs Group Inc (NYSE: GS). As reported by Reuters, the company sold the bond portfolio for a book value of $23.97 billion on March 8. Following the sale of the…
The Sewer Pass non-fungible token (NFT) collection, created by Yuga Labs, has seen a notable rise in sales volume over the past 24 hours. According to data provided by CryptoSlam, Sewer Pass sales are up by over 61% in the past 24 hours, reaching $1.88 million in 319 transactions. This movement has helped the NFT collection reach the top of the 24-hour trading list on the data aggregator platform. Top 3 NFT collections in the past 24 hours | Source: CryptoSlam However, the number of Sewer Pass holders has not…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Coinbase Instant Live Payment $11 Optimism OP Token|| Live Withdraw Binance|| Don’t Miss instant|| Ans: join our Telegram: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version