China’s e-CNY rollout enters ‘sprint stage’ for Beijing Winter Olympics
Digital yuan expected to undergo its first crucial international test despite concerns it can be used as a surveillance tool.
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U.S. Treasury prepares to recommend stricter regulation on stablecoins
The U.S. Treasury is preparing a raft of recommendations for stricter oversight of Tether and other stablecoins, as unnamed insiders say the department has identified the greatest risks posed by the tokens, according to a recent Bloomberg report. Fast facts Making sure investors are able to transfer money in and out of tokens is a…
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El Salvador’s Bitcoin adoption, one week on
It’s hot on Bitcoin Beach and the Twitterverse, but the new legal tender doesn’t have uptake elsewhere in the Central American country.
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Crypto exchange Binance wants centralized headquarters amid regulatory heat
Under scrutiny around the world, the largest cryptocurrency exchange wants to do a better job engaging with regulators.
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Avalanche’s AVAX token surges to all-time high after $230M fundraise
AVAX — the native token of the Avalanche blockchain — today surged to a new all-time high of US$68.34, according to CoinGecko data, boosted by news of a US$230 million investment into the Avalanche ecosystem. AVAX has increased by 60% over the past seven days. Fast facts Launched in September 2020, Avalanche is an open,…
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Institutional DeFi poised to become a $1 trillion industry, Blockdata says
Blockchain research firm sees explosive growth in smart contract-based products that can replace existing financial services.
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How quadratic funding promotes projects for the common good
What is quadratic funding, and why is this mathematical method ideal for allocating capital for a community? Pranav Sharma of Woodstock Fund explains.
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Hong Kong-based crypto lender Babel Finance expands to Singapore
Babel Finance, a Hong Kong-based crypto lender and asset manager, today announced it is opening a business headquarters in Singapore named Babel Asia, as the company looks to serve more clients globally. Fast facts Babel Asia plans to serve as a base for future merger and acquisition activities, together with Babel Finance to drive mainstream…
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Logging each step in tea production on a blockchain — from farm to cup
With the ease of counterfeiting products like premium tea, keeping a tamper-proof digital paper trail can record each step along the way.
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Canaan sees strongest ever quarterly sales results
Leading Chinese crypto mining hardware manufacturer attributes robust revenue to ‘substantial increase in total computing power sold.’