New Web3 wallet rolls out decentralized crypto inheritance
DeTrust Wallet will enable the creation of complex inheritance plans, including designated spending funds.
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Ghana Exploring Digitized National Currency, Says Central Bank Exec
The Republic of Ghana is exploring the benefits of issuing a central bank digital currency (CBDC), the governor of the country’s central bank says.Ernest Addison, a Ghanaian economist currently serving as the governor of the Bank of Ghana (BoG), revealed that the bank is working with key stakeholders to explore a pilot CBDC project.In a…

Paxos’ Precious Metal-Backed Cryptocurrency to Launch This Year, CEO Says
Blockchain trust company Paxos’ digital token backed by precious metals will be launched "definitely this year," said Paxos CEO, Chad Cascarilla in an interview with Fortune’s Balancing the Ledger on March 11.During the interview, Cascarilla was asked whether Paxos is working on a gold-backed coin, wherein he replied that “it is something we will see…

Still too early to know if Bitcoin will remain top dog, Wall Street vet says
Will other crypto assets ever overtake Bitcoin in market cap? Daniel Strachman weighs in. 227 Total views 3 Total shares Bitcoin has thus far remained the largest crypto asset in terms of market capitalization since its launch in 2009. Given the thousands of other cryptocurrencies that have come into existence over the years, could any…

SEC crypto ‘overreach’ cost small investors $15B: John Deaton
According to a popular pro-crypto attorney and Senate candidate, the SEC's overreach into the crypto industry has cost retail investors over $15 billion in losses.

Tether CTO confirms no plans to rescue FTX
FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash injection despite the CEO reportedly reaching out to multiple firms for help. 493 Total views 5 Total shares Cryptocurrency exchange FTX has lost at least one potential rescuer as it battles to fill a reported multi-billion dollar hole…

Marshall Islands President Faces No Confidence Vote Due to National Crypto Plans
The President of the Republic of the Marshall Islands Hilda Heine faces a vote of no confidence due to her administration’s plans to introduce a national digital currency, Radio New Zealand News (RDZ) reported Nov. 5.The Marshallese parliament initially endorsed the creation of the national digital currency, which would be called the Sovereign (SOV), in…

Bitcoin Price ‘Will Struggle’ in Big Financial Crisis, Says Investor
Spencer Bogart, a general partner at venture capital firm Blockchain Capital, thinks that Bitcoin (BTC) will be a safe haven in the long term. However, he has a nuanced view of how BTC price will play out with respect to various economic events.Bogart shared his views during an interview with Bloomberg on Aug. 20. According…

Social media problems and solutions: ‘Centralization is not sustainable’
Over the past 15 years or so, social media has gained tremendous traction. Facebook, Twitter and YouTube have reached soaring heights as companies. Social media has its benefits, such as global connectivity and low barrier to entry. It also gives people a platform for expression. The sector has taken a dark turn in recent years,…