Brazil’s Central Bank Selects 14 Participants for CBDC Pilot
Among those selected are the largest local banks, Visa and Microsoft.Source
Archive for month: May, 2023
Nvidia’s Blockbuster Outlook Reminds Bitcoin Miners to Give AI a Look
Bitcoin miners might find non-mining AI applications too tantalizing to pass up.Source
Pudgy Penguins NFT Project, Once Endangered, Proves Web3 Turnaround Is Possible
After Pudgy Toys debuted on Amazon on May 18, the floor price of the cute NFT project shot up over 6 ETH. Now, with the launch of Pudgy World and the addition of the collection to the NFT lending platform Blend, it is continuing to build momentum.Source
If Crypto Is the Future, Advisors Need to Embrace It Now
Skyrocketing debt, rising inflation and bank runs are contributing to an uncertain financial landscape. Crypto can help FAs navigate this future.Source
Norway Should Consider a National Strategy for Crypto Regulation: Norges Bank Report
The bank says lawmakers should take advantage of existing regulations that cater to systemic risk and enforcement action for example, as well as stresses the need for crypto specific ones.Source
Sam Altman’s Crypto Project Worldcoin Raises $115M Led By Blockchain Capital
Other investors in the Series C round included Bain Capital Crypto and Distributed Global.Source
Bitcoin’s Hot Ordinals Economy is Getting a Dollar-Backed Stablecoin
Stablecoin issuer Stably is launching a dollar-backed stablecoin for traders of Bitcoin NFTs and BRC-20 tokens.Source
Helium Expands IoT Coverage Through Amazon Sidewalk/Oxit Partnership
The partnership will enable IoT solution providers to benefit from Amazon Sidewalk’s network and Helium’s network.Source