For more than a year, the Federal Reserve has been talking about a forthcoming paper on central bank digital currencies in the U.S. Now that the paper has finally been released, NLW walks us step by step through the Fed’s thinking and shares the initial commentary from the crypto community and Washington, D.C.
For 2022, it plans to launch its corporate trading desk, Ripio OTC, aimed at institutional investors and high-net-worth traders, Ripio Brazil’s country manager, Enrique Teixeira said. In parallel, the company is working on “various payment products” with Visa Brazil, including a crypto card and several projects with local fintech companies.
SundaeSwap, the first decentralized cryptocurrency exchange on the Cardano blockchain, went live this week, but users have complained that transactions are failing and they aren’t receiving their swapped tokens. Similar to Uniswap’s UNI token, which powers the automated liquidity provider, SundaeSwap has its own token, SUNDAE, but the data websites CoinMarketCap and CoinGecko don’t have […]
“Crypto payments in C2B [consumer-to-business] merchant acceptance are still nascent today,” according to a recent white paper from payments firm Nuvei. “Crypto merchant payments today represent an estimated annual volume of $6 billion, a tiny fraction of the $10 trillion C2B global eCommerce market.”
The world’s largest crypto exchange kept weak know-your-customer (KYC) checks and did not properly cooperate with authorities, despite its public promises about compliance, Reuters said in an investigative report published Friday. The report was based on interviews with dozens of former employees of Binance, advisers and business partners, as well as the review of hundreds […]
Australian crypto miner Iris Energy (IREN) secured a 600-megawatt connection for a new Texas crypto mining facility, the company said on Friday. The company said in a filing with the U.S. Securities and Exchange Commission (SEC) that it has executed a binding connection agreement with utility provider AEP Texas. Iris Energy paid $19 million for […]
“Pretend I’m running away from police with a bag of cash, and jumping over fences, trying to evade capture… that’s not money laundering,” he said. “If Tornado Cash knows who deposited the money, and who took it out, that’s not money laundering.”
In Rogozov’s view, Telegram is not just a messaging app: It’s a major content platform because its many channels function as media outlets. That means the current boom in content creation will benefit it and boost the development of crypto tools aimed at rewarding those creators – including Toncoin’s donation bot, Rogozov said.
The Graph supports indexing data from 26 different blockchain networks, including Ethereum, NEAR, Arbitrium, Optimism, Polygon, Avalanche, Celo, Fantom, Moonbeam and IPFS. So far, its subgraphs are used by Uniswap, Synthetix, KnownOrigin, Gnosis, Balancer, Livepeer, DAOstack, Audius and Decentraland, according to a press release.
India’s cryptocurrency ecosystem is eagerly hoping for a hint of regulation from the government come Feb. 1, 2022. India’s Finance Minister Nirmala Sitharaman will present the nation’s budget at the beginning of the month, considered the most important financial day of the year for the world’s largest democracy. The speech sets the financial tone for […]