Monthly Archives: December 2021

HSBC and IBM create successful multi-ledger CBDC demo

The two firms successfully executed cross-realm and end-to-end digital asset transactions with the pilot test, which can also settle securities and forex. On Thursday, HSBC and IBM announced the successful test of an advanced token and digital wallet settlement between two central bank digital currencies, or CBDCs, in a cloud environment. The experiment consisted of transactions between CBDCs, eBonds, and forex. IBM’s Hyperledger Fabric and enterprise technology provider R3’s Corda served as the basis of the distributed ledger facilitating the transactions. The project was overseen by central […]

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Tony Hawk Launches ‘Last Trick’ NFT Collection to Commemorate Career and Signature Moves

Following the American professional skateboarder Tony Hawk’s first non-fungible token (NFT) sale on the NFT marketplace Autograph, Hawk is commemorating his career with a new series of NFTs called the “Last Trick” collection. The popular skateboarder’s latest digital collectibles showcase his most memorable tricks like the “Frontside Cab,” “Gymnast Plant,” and “Finger Flip” in animated NFT form. Birdman Launches 16,600 ‘Last Trick’ NFTs The professional skateboarder Tony Hawk is considered one of the best in the world, and invented many different tricks in his youth, continuing to […]

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ADALend: Protocol Efficiency on Cardano in Handling Interest Rates

Crypto traders turn to fixed-income instruments like bonds and stocks to diversify their portfolios. The cryptocurrency market is a legitimate source of debt securities that are no less reputable than their equivalents and is a substantial economic force to reckon. With interest rate derivative products, the creditors in the cryptocurrency market, mostly compromised of lenders and borrowers, hope to stabilize their revenue and reduce their risk. There are two types of interest rate derivatives in the crypto market: one that lets you extend the length of your […]

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Bitcoin And The Commodity Of Time

An economic system built upon a decentralized time stamp server does more than just solve the double spend, it commodifies time itself. Image source “I’m having a hard time, living the good life, well I know I was losing time …”“High Time” – Grateful Dead I had a long drive ahead of me. Nine hours down the coast, with a few stretches of time I knew I’d be out of streaming service range, and perhaps even out of AM/FM. Knowing this, I took a moment and dropped […]

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Circle and Endaoment to create USDC-based disaster relief fund for communities impacted by deadly tornado

Yet another stablecoin philanthropy initiative launched by Circle during the past year. Circle, the company that created the USDC stablecoin, announced a partnership with public charity Endaoment to create a disaster relief fund. The fund will help mid-western American communities impacted by last week’s deadly tornadoes. The two entities hope to raise $1 million in grants to support the American Red Cross and local non-profits. Via Endaoment, blockchain enthusiasts will be able to directly contribute USDC or other cryptos using connected wallets with a minimum donation of […]

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Crypto Biz: All I want for Christmas is Bitcoin, Dec. 9–16

As the Federal Reserve keeps inflating asset bubbles this holiday season, gifting your loved ones some BTC doesn’t sound like a bad idea. On Wednesday, the United States Federal Reserve wrapped up its final policy meeting of 2021 by voting to keep interest rates at record lows. In doing so, the Fed set the stage for a series of interest rate hikes beginning in the spring, which will be accompanied by a more accelerated taper of its bond-buying program. While the Fed’s decision to reduce market liquidity […]

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NBA Legend Kevin Durant Joins Coinbase to Help Promote the Crypto Exchange’s Brand

American professional basketball player for the National Basketball Association (NBA) Kevin Durant, is joining Coinbase according to a recent report from Bloomberg. According to the report, Durant will appear as “a face of the brand” and will help promote the exchange’s advertising content. Kevin Durant Joins Coinbase NBA legend Kevin Durant, otherwise known as “KD,” has joined Coinbase in an advertising deal that will feature Durant as a Coinbase spokesperson. Durant plays for the Brooklyn Nets as a power forward and is widely considered one of the […]

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Valkyrie’s latest ETF offering has exposure to Bitcoin

The filing specifies that Valkyrie’s ETF may invest up to 10% of its net assets in securities of Bitcoin mining firms, as well as up to 5% in the securities of pooled investment vehicles in the U.S. that hold BTC. Crypto asset manager Valkyrie has launched an exchange-traded fund with exposure to Bitcoin on the Nasdaq Stock Market. In a Wednesday SEC filing, Valkyrie said its Balance Sheet Opportunities ETF will not invest directly in Bitcoin (BTC) but 80% of its net assets would offer exposure to […]

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Russia to decide between blanket crypto ban and legalizing exchanges in 2022

The world’s biggest country will reach a crossroads on crypto regulation as it enters 2022. On Thursday, conflicting reports emerged in Russia on the state of crypto regulatory affairs. First, a report by Reuters indicated that the Central Bank of Russia is seeking a ban on cryptocurrencies, citing risks to financial stability and the exploding volume of transactions. If enacted, the move would align with remarks made by Russian President Vladimir Putin last month, who stated that cryptocurrencies “bear high risks” at an investment forum in Moscow. The […]

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YouHodler CEO Ilya Volkov Explains Why He Thinks CeDeFi Is the Future

YouHodler is a fintech platform that helps people access the benefits of the crypto economy. It allows users to get instant cash and cryptocurrency loans, exchange crypto, and earn up to 13% APY by depositing crypto in their reward account. Ilya Volkov is the CEO and Founder of YouHodler. He recently joined the Bitcoin.com News Podcast to talk about the business: Ilya has more than 15 years experience in the fintech industry. Prior to his entry into the cryptocurrency and DLT industry, he got his expertise in […]

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