EIB settles digital bond worth €100 million on private blockchain
The 100 million euro, two-year bond was issued, recorded and settled using private blockchain based technology, and represents the inaugural issuance on Goldman Sachs’ tokenisation platform. On Nov. 29, the European Investment Bank , or EIB, issued a first-ever $100 million digital bond denominated in euros on a platform supported by a private blockchain, with […]
BlockFi bankruptcy filing sparks wide range of community reactions
As BlockFi filed for bankruptcy, members of the crypto community reacted with mixed feedback as another platform fell. Podcaster Matt Odell offered a different explanation for BlockFi’s bankruptcy filing despite the company citing the FTX contagion as the cause. According to Odell, the lending platform failed because it lent customer money to risky traders who […]
Serum Exchange Declared Defunct
Serum exchange has been rendered ‘defunct’ following the collapse of the crypto trading platform, Alameda and crypto exchange FTX The Solana-based decentralized exchange (DEX) has informed its community that its program is now “defunct” due to the failure of its backers, FTX and Alameda.Despite ongoing difficulties, the project’s team expressed that “there is hope” due […]
FTX processed consumer funds through Alameda’s bank accounts
Former FTX CEO Sam Bankman-Fried, in a conversation with Vox, admitted to using Alameda’s banking facilities for FTX user deposits. Every each day, more information about the FTX contagion saga’s wrongdoing comes to light, and the most recent one confirms that the bankrupt cryptocurrency exchange and its sibling company Alameda Research have been working together […]
National Bank of Ukraine releases draft concept for digital hryvnia
The National Bank of Ukraine presented to representatives of banks, non-banking financial institutions, and the virtual assets market for discussion of the project of the concept of e-hryvnia. The National Bank of Ukraine (NBU) has unveiled a concept for its prospective digital hryvnia (e-hryvnia) central bank digital currency (CBDC). On November 28, the central bank […]