Category: Blockchain Technology

On Monday, the Hong Kong Monetary Authority (HKMA) launched an legitimate white paper exploring the capacity of a retail-targeted primary financial institution virtual currency (CBDC), the virtual Hong Kong dollar (e-HKD). According to the document, the HKMA will are seeking for to recognize the “capacity architectures and layout options”...

Decentralized finance (DeFi) is converting the manner that human beings everywhere in the international reflect onconsideration on cash quicker than any preceding economic revolution. Banks, that have monopolized the manner we’ve accessed cash considering that antiquity, are subsequently seeing their reputation being challenged. Now, it’s DeFi that is beginning...

The Nigerian Federal High Court joins the developing listing of regulators throughout the globe to approve the rollout of a principal financial institution virtual foreign money (CBDC) as a prison tender. Named eNaira, the virtual foreign money might be issued via way of means of the principal financial institution...

There has been a whole lot of communicate approximately how blockchain unlocks limitless business enterprise opportunities. And despite the fact that all this buzz has now no longer completely translated to tangible results, the explosion of the decentralized finance and nonfungible token (NFT) markets has laid down markers on...

On Oct. 1, the cryptocurrency marketplace skilled a 9.5% pump that drove Bitcoin (BTC) and Ether (ETH) to their maximum stages in 12 days. A sort of motives were attributed to the fee circulate, such as the U.S. patron fee index, exchanges’ diminishing supply, and a “cup and handle”...

As the nonfungible tokens craze took off on the begin of the year, many weather-aware artists vocalized their disapproval of Ethereum’s strength intake. In May, Elon Musk then derailed Bitcoin (BTC), mentioning the strength fed on via way of means of Bitcoin as purpose for Tesla to withdraw its...

In September the push that propelled the nonfungible token (NFT) region quieted down however a burst of sparkling electricity emerged because the layer- region heated after the a success release of Ethereum (ETH) scaling answers like Arbitrum and Optimism. Another task that has benefited from the region’s transition to...

Soldex is a third-era crypto change and one of the first decentralized exchanges (DEXs), to be constructed on Solana. What units it aside from centralized exchanges, or even different DEXs, is its particular device getting to know algorithms for automatic buying and selling that may be advanced and deployed...

Singapore’s most important economic regulator, the Monetary Authority of Singapore (MAS), has formally authorized corporations to provide cryptocurrency offerings withinside the country. MAS issued Oct. 1 licenses to Australian crypto alternate Independent Reserve and DBS Bank’s brokerage arm, DBS Vickers (DBSV), permitting them to offer virtual fee token offerings...

Cardano founder Charles Hoskinson has teamed up with mythical digital dance tune (EDM) DJ Paul Oakenfold to release a tokenized album on Cardano. Oakenfold is a 3-time Grammy Award nominee and his profession withinside the tune enterprise spans returned to the early 1980s. His upcoming album dubbed “Zombie Lobster”...