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Tag: Digital
Zimbabwe Proceeding With Digital Currency Plans, Central Bank Undeterred By Slow Adoption of Nigerian CBDC – Africa Bitcoin News
Undeterred by the reported slow adoption of the Nigerian central bank digital currency, the deputy governor of the Reserve Bank of Zimbabwe, Innocent Matshe recently said his institution will proceed with plans to launch its own digital currency. In addition to sending a team to learn from the Central Bank of Nigeria’s experiences, Zimbabwe has also reportedly sent teams with a similar mission to countries like China and Ghana. ‘Jury Is Still Out’ on CBDCs The reported slow embrace of Nigeria’s central bank digital currency (CBDC) or the e-naira will…
Arbitrum transaction activity rockets 550% since August: Delphi Digital
Ethereum layer-2 scaling solution Arbitrum has seen a massive surge in activity since its Nitro update in August, having just clocked around 62% as many transactions as the Ethereum base layer. In a Nov. 1 report, crypto research firm Delphi Digital noted that as of the week ended Oct. 24, Arbitrum’s number of total transactions has increased by 550% since August, citing data from Dune Analytics. This week, @arbitrum had ~62% as many transactions as Ethereum L1. pic.twitter.com/DyuDNAjRGz — Delphi Digital (@Delphi_Digital) November 3, 2022 In an earlier Tweet, Delphi…
Crypto Miner Marathon Digital Mines Record 615 Bitcoin in October
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
CoinDesk Market Index Adds Convex, Serum, 12 Other Digital Assets
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
TradFi Firm Marex Makes Crypto Hires to Lead Digital Assets Push
Solot was the former partner at crypto fund Tagus Capital and has also worked at private investment bank Brown Brothers Harriman and has also worked with the International Monetary Fund. Arasaratnam, a 17-year financial services veteran, has recently worked at food startup M-EAT and online shopping platform The Chapar. Original Source AssetsCryptoDigitalFirmHiresLeadMarexPushTradFi CryptoX Portal
Digital Currency Group Promotes Mark Murphy to President, Cuts Nearly 13% Staff: Report
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
Bitcoin Miner Stronghold Digital Completes Debt Restructuring
“We are executing on the strategy we outlined during our second-quarter earnings announcement in August – to rapidly delever our balance sheet and enhance liquidity, and we are actively pursuing acquisitions of bitcoin miners at attractive prices to take advantage of the current distressed market while continuing to manage liquidity carefully,” said Stronghold CEO Greg Beard. Source
DeFi Debt Marketplace Credix to Open a $150M Stablecoin Credit Pool to Digital Lender Clave
Clave’s debt from the Credix credit pool is collateralized by the receivables from the borrowers who take out loans, Finizola said. Technically, however, the debt is unsecured, meaning the debtor secures the loan with its reputation and its good financial situation and does not pledge any assets whose value would backstop the loan in case of a default. Source
Crypto Finance Firm Galaxy Digital to Cut One-Fifth of Workforce: Sources
“While our industry continues to face macroeconomic headwinds, Galaxy remains focused on building for the future state of institutional adoption, and on enhancing long-term shareholder value. We are always considering optimal team structure and strategy and will share future plans when finalized,” a Galaxy spokesman told CoinDesk via email. Source