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The World Might See CBDCs Sooner Than Expected


The “central bank of central banks” and multiple analysts think that the fear of the coronavirus transmission via cash and banking cards may shorten the road to central bank digital currencies (CBDCs). People are afraid of using cash, says the Bank for International Settlements (BIS) in their...

Ripple Co-Founder Says He Recovered from COVID-19 + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Ripple & XRP news Nik Bougalis, a Ripple engineer responsible for XRP's server software, said in a GitHub submission that...

Maker Foundation To Start Its Dissolution in Two Years


The Maker Foundation will start transferring the governance power and risk management capacity to the community in the next few years. As the first step, it will release an initial draft of the new governance paradigm for the community to vote on. Following the delivery of multi-collateral...

Prosecutors Charge Two Men over Coincheck Hack, But Not For Hacking


Tokyo prosecutors have formally charged two men with handling stolen cryptoassets as part of the investigation into the January 2018 hack on crypto exchange Coincheck – still the biggest crypto heist in human history. Per media outlet Nikkei, the two men, an Osaka-based 39-year-old and a doctor...

Will New P2P Legislation Hurt South Korean DeFi Industry?


South Korean decentralized finance (DeFi) players have called for calm after some experts claimed that forthcoming legislation could effectively hamstring the nation’s fledgling DeFi market. Many industry insiders have expressed alarm over a recent amendment made to a digital finance act pertaining...

Coin Race: Top Winners & Losers of March and 1st Quarter of 2020


Though the month of March, the last of the year's first quarter, started promising, it witnessed a major plunge of the market. The number one coin by market capitalization, bitcoin (BTC), took a swift dive to the USD 4,000 level and despite it recovered around 50% of its losses it dropped for...

Litecoin Under Pressure Again as "Death Cross" Appears in Chart


Source: iStock/Albert_Karimov Litecoin (LTC) is again facing pressure from traders who wonder if the price will be able to pick up the momentum necessary to recover the losses from the major market crash on March 12. As of press time on Wednesday (10:22 UTC), litecoin was down almost 1% over...

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