Bitcoin adoption won’t have any impact on IMF talks, says El Salvador’s top central banker
El Salvador’s central bank chief does not believe that the recent Bitcoin adoption action will have a negative impact on the country’s efforts to acquire an IMF loan. In an interview with Reuters, Douglas Rodriguez, the president of El Salvador’s Central Reserve Bank , downplayed concerns that the country’s adoption of Bitcoin (BTC) as legal […]
Manta Network, a privacy layer for the Polkadot ecosystem raises $5.5M
Manta Network will use the freshly generated cash to expand the scope of DeFi use cases by increasing blockchain privacy, according to the company. Polkadot ecosystem privacy layer project Manta Network has completed a new funding round to continue scaling decentralized finance (DeFi) use cases by enhancing blockchain privacy. The project is part of the […]
Blockchain Isn’t Fit For Central Bank Digital Currency, Says Former Boston Fed President
According to Rosengren, blockchain isn’t suitable for retail payments since it’s a sluggish technology with a fluctuating asset price. Based on studies conducted by the Boston Fed and MIT, former President of the Federal Reserve Bank of Boston Eric Rosengren gave some significant insights on what a central bank digital currency (CBDC) may look like. The […]
Bank of Russia to Evaluate Crypto Investment of Citizens
Russian President Vladimir Putin has expressed his willingness to accept cryptocurrencies such as Bitcoin as a means of moving payments. The head of the central bank’s financial stability section is now assessing how much Bitcoin is held by local investors. Elizaveta Danilova of the Bank of Russia is in the headlines today after revealing that […]
These blockchain games are more popular than Axie Infinity, according to DappRadar
While Axie Infinity may be the star of the show, DappRadar’s Q3 2021 blockchain gaming health report shows many other games ahead in terms of unique active wallets (UAW). As predicted, the research notes that play-to-earn (P2E) gaming, and to a lesser extent, non-fungible tokens (NFTs) , are propelling growth in the blockchain gaming market. […]