Cyptocurrency

Taiwan central bank governor considers interest-free CBDC design to prevent fiat deposit flight

As reported by local news outlet bnext.com on Wednesday, Chin-long Yang, governor of the Central Bank of the Republic of China (Taiwan), recommended a no-interest design for the country's central…

Continue ReadingTaiwan central bank governor considers interest-free CBDC design to prevent fiat deposit flight

Taiwan central bank governor considers interest-free CBDC design to prevent fiat deposit flight

As reported by local news outlet bnext.com on Wednesday, Chin-long Yang, governor of the Central Bank of the Republic of China (Taiwan), recommended a no-interest design for the country's central…

Continue ReadingTaiwan central bank governor considers interest-free CBDC design to prevent fiat deposit flight

Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property

Investment banking giant Citigroup has released research on how property technology could affect the housing market, mentioning virtual estate in the metaverse and cryptocurrency-backed mortgages.In a report released Wednesday titled,…

Continue ReadingCiti calls out potential risks of crypto-backed mortgages and benefits of metaverse property

Polkadot's founder announces steps toward full decentralization with new governance model

Live from Polkadot Decoded in Buenos Aires on Wednesday, Polkadot (DOT) and Kusama founder Gavin Wood announced that the blockchain's governance model would undergo a new transformation. Dubbed Gov2, anyone…

Continue ReadingPolkadot's founder announces steps toward full decentralization with new governance model

Lending network enables transparent credit history in Africa via blockchain partnership

African mobile banking platform Aella has partnered with Creditcoin Network to make credit histories transparent by integrating all its transactions into Creditcoin’s public blockchain.In an announcement sent to Cointelegraph, Creditcoin…

Continue ReadingLending network enables transparent credit history in Africa via blockchain partnership

Lending network enables transparent credit history in Africa via blockchain partnership

African mobile banking platform Aella has partnered with Creditcoin Network to make credit histories transparent by integrating all its transactions into Creditcoin’s public blockchain.In an announcement sent to Cointelegraph, Creditcoin…

Continue ReadingLending network enables transparent credit history in Africa via blockchain partnership

Double bubble? Terra's defunct 'unstablecoin' suddenly climbs 800% in one week

Terra's $40-billion experiment to create a functional "algorithmic stablecoin" project has failed drastically following its collapse in May. Nonetheless, its native stablecoin TerraClassicUSD (USTC), earlier called TerraUSD (UST), has been…

Continue ReadingDouble bubble? Terra's defunct 'unstablecoin' suddenly climbs 800% in one week

Double bubble? Terra's defunct 'unstablecoin' suddenly climbs 800% in one week

Terra's $40-billion experiment to create a functional "algorithmic stablecoin" project has failed drastically following its collapse in May. Nonetheless, its native stablecoin TerraClassicUSD (USTC), earlier called TerraUSD (UST), has been…

Continue ReadingDouble bubble? Terra's defunct 'unstablecoin' suddenly climbs 800% in one week