Thu Nov 28 8:26 AM

Citigroup Partners with Central Banks to Build CBDCs, CEO Reveals

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Citigroup Inc (NYSE: C) CEO Michael Corbat recently revealed that the bank has been partnering with central banks globally to build Central Bank Digital Currencies.While CBDCs have gained wild popularity in the past two years, Citigroup CEO predicted their rise during Bitcoin’s 2017 epic...

German Bank Hauck & Aufhauser to Launch Cryptocurrency Fund in January 2021

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All professional and semi-professional can invest through the fund in a diversified crypto assets portfolio comprising of Bitcoin, Ether, and Stellar.While we have been hearing about financial institutions warming up to crypto this year in 2020, even traditional are following the cue. On Thursday,...

Polkadot Joins Hands with Chainlink to Overcome Decentralized Nature of Its Ecosystem 

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For people who are interested in running a Polkadot node, there is a “thousand validators” program in the pipeline that aims at boosting the number of validators by 1000.In a bid to help overcome the decentralized feature of its ecosystem, Polkadot has announced an...

Insiders Optimistic of How Fast Eth2 Will Unfold, Lubin Reveals

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Speaking at the Asia Pacific Conference 2020, Lubin hinted that the next phase of the Eth2 may be rolled out in 9-12 months from now. The upgrade of the Ethereum blockchain to enable the network to process more transactions and to improve on efficiency, speed,...

Coinbase Custody Announces Support for NuCypher, Ren and Other Tokens

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The listing of these new tokens is a testament to Coinbase Custody’s plans to provide support for more assets for the benefit of its over 300 institutional clients. Coinbase Custody, the subsidiary of the Coinbase cryptocurrency exchange, has announced the custody support for additional tokens....

Tokenized Carbon Credit MCO2 Allows Everyone to Help Reduce Carbon Emissions

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Moss is doing its part to help reduce global carbon emissions. Its MCO2 token represents tokenized carbon credit, which can be traded anywhere in the world. Global warming is a very relevant topic that direly warrants a clear course of action. One way through which...

Ripple CTO: 48B XRP to Be Burnt if Community Insists

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In order to support its price, Ripple decided to stop selling XRP and embark on buying back the tokens in the second and third quarters this year.David Schwartz, CTO of the company, has admitted that community votes could force Ripple to burn its entire...

Vitalik Buterin: What’s Next After Ethereum 2.0 Beacon Chain Launch

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Vitalik Buterin presented a detailed roadmap ahead for the transitions to the PoS Ethereum 2.0. He talked about sharding implementations and the use of scalability solutions like rollups.Earlier this week on Tuesday, December 1, the Ethereum 2.0 Beacon Chain finally went live as stakers...

Time for Crypto Is ‘Now’, Says PayPal CEO

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Schulman believes that users’ ability to buy, sell and hold crypto strengthens the value of the cryptocurrency. PayPal CEO and President Dan Schulman, at the digital event attended by approximately 100,000, said the time for crypto is “now”. Joining Schulman at the event were European...

Ripple Relocation Out of US on Hold, Firm Looks to Favorable Biden Presidency

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Ripple has oftentimes been embroiled in a regulatory impasse with US authorities particularly the Securities and Exchange Commission (SEC) as it relates with the XRP coin which is closely associated with the company.Ripple relocation plans for its headquarters out of the United States of America...