Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into user data.Source
Kamino is the latest Solana-based DeFi protocol to airdrop a token.Source
Kwon successfully appealed a previous decision by the same court to send him to the U.S. instead.Source
Adoption of the central bank digital currency pales in comparison to the use of cash in the country.Source
Chief marketing officer Michal Ferguson joins from cybersecurity platform Snyk, following the appointment of new CFO Michael Levine, and chief customer officer Madan Gadde.Source
Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency.Source
The latest price moves in bitcoin (BTC) and crypto markets in context for March 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Data from CoinGecko shows the AI token category was up 25% on average in the past 24 hours, compared to bitcoin’s 0.3% increase.Source
Nigeria’s government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.Source
Prices of Solana’s SOL are up nearly 600% over the past year, CoinGecko data shows.Source