Category: cryptocurrencies

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PBoC governor says digital yuan to be more privacy-enhanced than payment apps

Making the e-CNY more privacy-orientated aside, the PBoC already has ambitions to bring the CBDC onto the world stage. During a virtual video session at the Bank of Finland Institute for Emerging Economies’ 30th Anniversary Conference, People’s Bank of China governor Gang Yi discussed recent developments regarding the country’s central bank digital currency, or CBDC,…
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Government Official Says Zimbabwe Currently Gathering Views on Cryptocurrencies

An official with the Zimbabwean government recently confirmed the country’s administration is currently gathering views about cryptocurrencies from knowledgeable persons. Government’s Lingering Concerns Charles Wekwete, who is the head of the e-government unit, suggested that the country will only adopt a formal position on cryptocurrencies once the consultation process is complete. According to a Sunday…
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Polkadot price moves higher as parachain auctions reduce DOT’s circulating supply

DOT price targets new highs and investors expect the ongoing Polkadot parachain auctions to send the price on a trajectory that mirrors Kusama’s 2020 breakout. This week, a number of contenders are set to participate in Polkadot’s first parachain auctions and this process tends to place buy pressure on DOT, while also giving aspiring blockchain…
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UK Government Survey Shows 45% of Britons Would Ban Cryptocurrencies for Environmental Reasons

Just before the 26th United Nations (UN) Climate Change Conference (COP-26), the UK government polled 3,071 adults from Britain to ask them their opinions on cryptocurrencies and the crypto industry’s effects on climate change. According to the survey, 45% of Britons would support banning crypto assets for environmental reasons and 18% would oppose a ban.…
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Tim Cook says he bought crypto, but rejects Apple adding it to its portfolio… for now

Apple is currently the second largest company by market cap behind Microsoft, with Cook personally worth more than $1 billion. Apple chief executive officer Tim Cook said he owns some crypto as “part of a diversified portfolio,” but is not planning for the tech company to follow Tesla’s example by investing in Bitcoin or other…
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Discord community splits as CEO unveils pre-released Ethereum integration

The new feature will allow Discord users to actively participate in upcoming crypto initiatives such as NFTs, Web 3.0 and token adoption. Instant messaging platform Discord may soon launch support for MetaMask and WalletConnect integrations as evidenced by a pre-release screenshot shared by the platform’s CEO, Jason Citron. However, a portion of the Discord community…
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Telos raises $8M funding before EVM launch to avoid token sales

The funding was supported by five investors who intend to help fast-track Telos’ exchange listings and DeFi initiatives. Blockchain platform Telos raised $8 million in funding led by ConsenSys and Polygon investor John Lilic. The funding was secured right before the launch of Telos’ Ethereum Virtual Machine (EVM) platform, ending the company’s ongoing streak of bootstrapped…
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Analysts expect parabolic Bitcoin price move after the ‘last’ resistance at $67K falls

Analysts say BTC price is set for a near parabolic price move once the “last” resistance at $67,000 is cleared. The bulls are on the march again and this time they’ve set their sights on a new all-time high for Bitcoin (BTC) price which is within striking distance of the $67,000 level. Data from Cointelegraph…
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OTOY’s Render Network plans to render the metaverse on Solana

Solana’s programmable and secure underlying infrastructure is critical for scalable and shareable dynamic metaverse content, according to OTOY CEO Jules Urbach. Jules Urbach, the CEO and founder of OTOY, wants to democratize content creation, specifically as it pertains to virtual assets. OTOY’s technology intends to fulfill the promise of an open cloud-based metaverse via the…
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ESG oriented blockchain wants on-chain ‘nutrition labels’ for every commodity exchanged

Representatives from the Watr Foundation said that they seek to bring ESG transparency to commodities industry. The Watr Foundation, in partnership with blockchain platform Algorand, recently launched a project to provide ESG scoring for different commodities with a special focus on climate change. While the project has a clear environmental focus, the platform will also include…
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