BIS compares projects to transfer central bank digital currencies across borders
[ad_1] The Bank of International Settlements (BIS) Innovation Hub released a report Tuesday looking at four projects that examined wholesale central bank digital currency (CBDC)...
Avalanche (AVAX) price drops 45% in a month and data points to further downside
[ad_1] Avalanche (AVAX) is down 45% in 30 days and in the same time the cryptocurrencies' total market capitalization shrank by 29%. Despite the recent...
Colombia’s new president seems to be a fan of Bitcoin
[ad_1] Gustavo Petro, who recently won the 2022 Colombian presidential election, has previously made statements in favor of cryptocurrencies.Petro will replace Iván Duque Márquez as...
Bank of Israel experiments with central bank digital currency smart contracts and privacy
[ad_1] On Monday, the Bank of Israel released the results of a lab experiment that examined user privacy and the use of smart contracts in...
Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?
[ad_1] There is good reason to be afraid. Previous down markets have seen declines in excess of 80%. While tightfisted hodling might hold wisdom among...
Aave jumps 20% in a steady bullish reversal
[ad_1] Aave has had its ups and downs over the last two months. However, during this period, the price action has largely remained below $50....
Elrond gears up for a bull run in the coming weeks
[ad_1] Like so many other cryptocurrencies in the market, Elrond has reported steady gains at the start of the week. The coin in fact appears...
VeChain surges modestly despite major chain update
[ad_1] VeChain announced today that its long-awaited VIP-220 feature has finally gone live. The feature is seen as a huge step in VeChain’s effort to...
FTX advances $250 million credit facility to crypto lender BlockFi
[ad_1] Crypto lending platform BlockFi has secured $250 million in revolving credit from Sam Bankman-Fried’s FTX, the firm said in a press release on Tuesday....
BIS: 90% of Central Banks are researching the utility of CBDCs
[ad_1] In a new annual economic report published by the Bank of International Settlements (BIS), the financial institution revealed that approximately 90% of central banks...