Israel launches digital shekel CBDC experiment for payments

Automated market makers are a true public good in crypto, enabling genuinely decentralized trading 24/7 and supporting the wider DeFi ecosystems. But they’re not without a host of problems, writes digital economist and academic Christos A. Makridis.The decentralized finance (DeFi) market has surged since 2021, growing from just over $20 billion to nearly $160 billion…

Neal Stevenson’s Snow Crash, a techno-dystopian science-fiction novel that has become a legend among Silicon Valley tech bros, predicted the rise of a future Metaverse all the way back in 1992. Despite Stephenson saying that he was “just making sh*t up”, the eerily accurate predictions and worldbuilding of Snow Crash have been long-revered by tech entrepreneurs…

Multichain has suspended its operations after an unexplained transfer of crypto assets worth millions of dollars took place on July 6. Stablecoin issuers Circle and Tether have frozen over $65 million in assets tied to the suspected exploit of cross-chain router protocol Multichain. The move follows unexplained large outflows from the Multichain MPC bridge on…

With so many blockchain networks appearing all the time, new or even experienced crypto enthusiasts may feel overwhelmed when it comes to deciding which are the best to invest in.In this guide, we’ll outline the most important aspects of any blockchain project, and why one should pay close attention to such details when assessing the…

Bitfury is planning to launch a Bitcoin mining fund in Japan following a rollout of the offering in North America last month. 478 Total views 12 Total shares Bitfury, a cryptocurrency mining and blockchain development firm, is planning to launch a Bitcoin (BTC) mining fund in Japan in July. Katsuya Konno, the head of  Bitfury…

The Ethereum DApps ecosystem is thriving, and the potential for decentralized applications (DApps) is immense. Who wouldn’t want to participate? Developers can now build applications with their own native coins or nonfungible tokens (NFTs) on secure blockchain networks to serve any purpose — from financial and industrial use cases to social media sites and, of course

Jihan Wu, the co-CEO of crypto mining hardware giant Bitmain, is reportedly planning to conduct an overseas initial private offering (IPO), Fortune’s crypto-focused section The Ledger reports July 30. Bloomberg had reported in June that Wu was “open” to holding an IPO in a market with U.S. dollar denominated shares — like Hong Kong —…

The DeFi market continues to heat up, with Alameda Research identifying Southeast Asia as a potential growth hub. 2313 Total views 18 Total shares Alameda Research has expanded its investment portfolio by allocating $4 million to Coin98 Finance, an up-and-coming decentralized finance platform from Vietnam, according to Chinese fintech outlet ChainNews.Coin98 Ventures, the venture capital…

There are four primary ways to track whale activities, which include monitoring known whale addresses, order books, sudden changes in market capitalization and trades on crypto exchanges. 2046 Total views 59 Total shares Whales are held responsible for sudden price fluctuations in the crypto and traditional markets every so often. Given their capability to manipulate…