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Google Cloud Introduces Threat Detection System against Crypto-mining Malware
Google has announced the release of a new threat detection system for Google Cloud Platform customers against crypto-mining malware.
Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa
Ripple and Onafriq are collaborating to introduce blockchain-powered cross-border payments, aiming to improve transaction efficiency and financial inclusion in Africa, the GCC, the UK, and Australia.
China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan
In the race to be the first country to launch a functional CBDC, China appears to be in the lead, as it has begun experimenting with its digital currency.
Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency
Visa has filed a patent application to create a blockchain-based digital currency on a centralized computer, according to a publication by the US Patent and Trademark Office (USPTO). The patent was originally filed in November 2019, and was described as “Digital Fiat Currency.” The US dollar was mentioned as one of the fiat currencies to be used potentially, although the patent could also apply to other central bank digital currencies including the pound, yen, and the euro.
Long-Term Bitcoin Holders Unfazed by Recent SEC Accusations Against Binance and Coinbase
Data provided by Glassnode reveals that the percentage of Bitcoin supply sent to trading platforms by long-term holders accounts for a mere 0.004% of the total. This figure underscores the significant inactivity of long-term Bitcoin holders amid intensifying market pressures, demonstrating an apparent indifference to the regulatory accusations faced by leading cryptocurrency exchanges, Binance and Coinbase.
Federal Reserve Chair Powell Affirms There Is Ongoing Research for a Digital Dollar
The Federal Reserve Bank is involved in a large-scale research and development regarding digital dollar, says Chairman Jerome Powell.
5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”
About 60 employees have left Coinbase cryptocurrency exchange because of the firm’s new controversial policy.
Nous Launches World's 1st Decentralised Hedge Fund
Blockchain start-up Nous Systems has announced the launch of the world's first decentralised hedge fund built on blockchain technology.
NHL Partners with Sweet for Digital Collectibles NFTs Marketplace
NHL is looking to invest in NFTs to boost the sports league's growth. The NTF marketplace is expected this upcoming season.
$136M Inflow into Crypto Assets, Bitcoin Remains Preferred Choice
In the latest update from CoinShares, digital asset investment products have seen a significant inflow of $136 million in the past week. This surge marks the third consecutive week of inflows, totaling $470 million, effectively offsetting the outflows observed in the preceding nine weeks.
Already Driving Real-World Crypto Usage, Gleec Team Launches New Exchange
The global crypto ecosystem only expands as users realize the real-world applicability of digital assets and distributed ledger technology. Alone, the worldwide blockchain market size projects to grow to $23.3 billion by 2023 hinged on an 80.2% compound annual growth rate. Market size totaled $1.2 billion in 2018.
Dubai Police to Release Second Bunch of NFTs
The Dubai Police plans to roll out the second collection of NFTs after the first bunch attracted approximately 23 million people globally.