Bank of Jamaica successfully completes CBDC Pilot Project
As reported by Jamaica Information Service, the Bank of Jamaica has successfully completed the CBDC pilot project which began in March 2021. The Bank of Jamaica stated in March 2021 that it was developing a prototype central bank digital currency in its Fintech Regulatory Sandbox with vendor eCurrency Mint Inc. This was followed by the […]
Upbit sister firm Lambda256 raises $60M
Dunamu, the major operator of South Korean cryptocurrency exchange Upbit, is making strides in blockchain development thanks to new funding for its blockchain branch Lambda256. Lambda256 raised 70 billion Korean won ($60 million) in a Series B financing, valuing the company at over $300 million, according to a Dec. 15 release. The company focuses on […]
Chainlink Labs hires ex Google chief as a strategic advisor
Former Google CEO Eric Schmidt has joined Chainlink Labs as a strategic advisor. Eric Schmidt has joined oracle solutions supplier Chainlink Labs as a strategic advisor. Schmidt was the chief executive officer of Google until 2011 and then served as executive chair at the internet company and its parent company Alphabet. Schmidt will lead Chainlink’s scaling strategy in its use of oracle networks to activate smart contracts, […]
Coinbase announces the launch of crypto library Kryptology
Kryptology, according to Coinbase, allows and empowers developers to build new crypto innovations using cutting-edge encryption. On Monday, Coinbase , the world’s fourth-largest cryptocurrency exchange by trading volume, announced the launch of Kryptology, a new cryptography library that would serve as a toolkit for blockchain developers. These include APIs that are safe, audited, and simple […]
Hollywood insider Ben McKenzie has a message for celebrities who shill token projects
Ben McKenzie, a well-known actor who has been in programs such as Gotham and The OC, is speaking out against celebrities backing crypto ventures without seeming to disparage the technology. Blockchain technology, according to Ben McKenzie , may still play a significant role in the future of finance, but “rich and famous people pushing these […]