Tag: Digital

Marathon Digital ‘Cautiously Optimistic’ About Meeting Early-2023 Hashrate Guidance as Delays Continue

About 4,200 Marathon miners were successfully installed in containers at one of Compute North’s new facilities in Texas, the company said in a statement. However, these mining rigs are now expected to come online in May, as opposed to its original schedule of April 17, as the company’s energy provider required additional consent from a third party. Currently, it does not expect this process to impact future deployments of miners, the firm said in the statement. Source

Proposed digital euro designs lack privacy options, ECB presentation shows

boss

Next to the fears of government overreach that the European Union’s ambitious digital euro project stirred, the main concern of the public is the prospective currency’s privacy framework. It appears that this worry might not be overblown after all: as the European Central Bank’s (ECB) latest presentation hints, user anonymity is not a desirable design option. On May 3, crypto venture advisor and European digital asset regulation whistleblower Patrick Hansen drew public attention to the ECB’s presentation titled “Digital Euro Privacy options”. The document is relatively short and contains 9…

CI Global Asset Management Partners with Galaxy Digital, Launching Blockchain and Metaverse ETFs

CI Global Asset Management (“CI GAM”), a major Canadian asset management firm, has partnered with Galaxy Digital to launch ETFs focused on blockchain technology and Metaverse. The two ETFs, named CI Galaxy Blockchain ETF and CI Galaxy Metaverse ETF, are officially traded on the Toronto Stock Exchange (“TSX”) under the ticker symbols CBCX and CMVX, respectively. The ETF will charge users an annual management fee of 0.50%. Roy Ratnavel, executive vice president at CI GAM, said that through CBCX and CMVX, the company’s capabilities in cryptocurrencies and thematic ETFs would…

Millennium Hires Former Bitstamp Exec Merghart to Lead Digital Asset Strategy

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 in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

CI Global, Galaxy Digital Expand ETF Suite With Blockchain and Metaverse Offerings

“Blockchain and the metaverse are two extraordinarily powerful trends that are set to dramatically change our society and how we do business,” Roy Ratnavel, CI GAM’s executive vice-president and head of distribution for CI GAM said. “Our ETFs provide investors with low-cost, convenient and diversified exposure to the growth potential of these rapidly developing, leading-edge sectors.” Source

Are Bitcoin Mining Stocks A Better Buy Than Bitcoin Itself?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io “All About Bitcoin” fill-in host Galen Moore speaks to Noelle Acheson, Head of Market Insights at Genesis Global Trading for her analysis on bitcoin’s price movement. Plus, Anita Posch, Bitcoin for Fairness Association Founder shares her plan after receiving 0.5 bitcoin grant from the Human Rights Foundation. Site: Twitter: LinkedIn: Instagram: Facebook: Newsletters: CoinDesk Podcast Network: Markets Daily Crypto Roundup: CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. ▶ Coinbase Website:…

Eurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro – Finance Bitcoin News

boss

Eurozone’s monetary authority, the Eurosystem, is looking to enlist financial companies willing to develop front-end solutions for the digital euro. The plan is to carry out a “prototyping exercise” this year to test transactions to the back-end developed by the regulator. Eurosystem to Select Front-End Providers for Digital Euro Project Within the ongoing investigation into the possible issuance of a digital euro currency, the Eurosystem intends to conduct an experiment which will, among other objectives, test end-to-end transactions with the central bank digital currency (CBDC), the European Central Bank (ECB)…

India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister – Regulation Bitcoin News

boss

The Indian government is exploring “several commercial use purposes and not just financial inclusion” for its central bank digital currency. India’s finance minister clarified that the aim is for the digital rupee, which will be backed by the Reserve Bank of India (RBI), to be issued by 2023. India’s Finance Minister on RBI-Backed Digital Currency Indian Finance Minister Nirmala Sitharaman talked about the country’s central bank digital currency (CBDC), the digital rupee, this week at a business roundtable on “Investing in India’s Digital Revolution” in San Francisco. The event was…

Understanding the environmental impact of digital collectibles

boss

NFTs have taken pop culture by storm over the past year. On a nearly daily basis, a new celebrity announces their interest in the emerging technology — usually by dropping an NFT collection. From Quentin Tarantino’s Pulp Fiction NFTs to Snoop Dogg’s NFT music label, a wide range of notable names are beginning to realize the creative value that NFTs offer. While celebrity involvement has played a key role in raising mainstream awareness about the array of NFT use cases and investment potential, it has also drawn the ire of…

ECB, Eurosystem begins experimental prototyping of digital euro customer interface

boss

Progress will continue on the development of the digital euro as the European Central Bank (ECB) and Eurosystem have begun looking for companies to participate in an exercise to prototype customer-facing payments services. Payment service providers, banks and other relevant companies were invited to express interest in the project in an announcement released Thursday. Eurosystem, which comprises the ECB and the national central banks of countries that use the euro, stated that it will select up to five front-end providers on the basis of their capabilities and the use cases…