Circle, Uniswap Research Says DeFi Can Solve $2 Trillion FX Risk Problem
19.1.2023
Every day, about $2.2 trillion in foreign-exchange (FX) transactions carry a risk that the yet-to-be settled side of an agreement won’t meet obligations. But a new paper from Circle Internet Financial and decentralized exchange Uniswap Labs finds that a distributed ledger could solve that problem...
World Leaders Warmed to Blockchain at Davos This Year, Despite Crypto Winter
18.1.2023
Crypto advertising has dropped at Davos in 2023, but discussions and panels from industry leaders are in full swing
Nearly $1 Billion Poured Into Egypt’s Forex Market — Local Currency Now World’s Worst Performing Currency in 2023
18.1.2023
The Egyptian central bank recently claimed that its decision to devalue the local currency has been vindicated by foreign investors’ return to the country’s foreign market where they reportedly poured in $925 million in just three days. The surge in the sales of Egyptian treasury bills...
Crypto Markets Today: Bitcoin Falls Below $21K; Genesis Nears Bankruptcy Filing; Bitzlato Founder Arrested
18.1.2023
Bitcoin fell 2% to trade at the $20,700 level, while ether was trading down 3% to the $1,530 level. Equities closed down
SBF says Sullivan & Cromwell contradicted itself with insolvency claims
18.1.2023
The former FTX CEO says the exchange’s new attorneys are not taking into account customer bank balances
Digital Dollar Project urges US to take action on CBDC development
18.1.2023
The foundation set up by “Crypto Dad” Christopher Giancarlo released a new version of its CBDC white paper with new warnings about maintaining U.S. leadership
FTX profited from Sam Bankman-Fried's inflated coins: Report
18.1.2023
Former FTX CEO allegedly used his popularity to lure developers, and Alameda Research to inflate the price of certain coins
Media startup says it will buy back $10 million SBF stake: Report
18.1.2023
The company had disclosed the investment on Dec. 2, but had previously not committed to returning the funds
Crypto Technology’s Impact Goes Beyond Crypto Technology
18.1.2023
Token-based fundraising can help more than underserved markets, projects and entrepreneurs, says CoinDesk columnist Noelle Acheson. It can also help other new technologies evolve
Davos Day 3 Shows Conflicting Visions for the Metaverse, CBDCs
18.1.2023
Whether it’s trading state-backed virtual currencies or jumping between virtual worlds, common standards for digital economies are still hotly contested in global forums
Bitzlato kept a low profile, but did not go entirely unnoticed before DOJ action
18.1.2023
The Hong Kong crypto exchange with strong ties to Russia was a blip on Chainalysis’ radar last year; its takedown was seen as anticlimactic by many in the crypto community
MakerDAO Favors Holding GUSD Stablecoin as Part of Reserve in Early Voting
18.1.2023
MakerDAO voters so far favor keeping the $500 million Gemini USD stablecoin ceiling in Maker’s PSM reserve over decreasing its role or phasing it out