The discussion around shortening local settlement cycles within the next five years has led to most securities firms looking into the potential of central bank digital currencies (CBDCs). CitiBank’s latest edition of the Securities Services Evolution whitepaper highlighted India’s recent move to T+1 settlements, which ensures all trade-related settlements conclude within 24 hours. The survey […]
Bitcoin miners appear to be unfazed by the 10% drop in BTC/USD last week, as difficulty and hash rate have both hit new all-time highs. Difficulty increased by 6.17% at its latest biweekly automated readjustment, and is expected to reach over 56 trillion at the next readjustment. Hash rate is also challenging existing all-time highs […]
The Jackson Hole meeting, an annual economic symposium attended by international central bankers and finance ministers, is set to take place from August 24 to 26 this year. Bloomberg Intelligence has constructed a comprehensive chart, put together by Markets & Mayhem, which reveals a consistent pattern of stock price increases in the week following the […]
Bitcoin Ordinals fees have dropped significantly in the last two weeks, mirroring the general performance of BTC prices which have been under pressure. According to Dune Analytics data, the average daily fees generated from Bitcoin Ordinals stood at $71,709 as of August 21, down from $94,910 on August 14. This is a 24% drop in […]
The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) have released a report detailing the findings of their pilot program exploring the use cases for a potential e-AUD, a central bank digital currency (CBDC). The pilot found four primary areas which could be improved by a CBDC, including enabling complex […]
Balancer, a DeFi lending pioneer, recently received a vulnerability report that found over 100 of its V2 pools were at risk. The team quickly secured over 80% of the funds, but roughly $10 million remains at risk. To protect users, Balancer created an Emergency SubDAO that paused the pools and allowed users to only withdraw […]
Wall Street Memes (WSM) is a funny picture token inspired by Meme stocks. It has raised more than $26 million in its presale and is close to reaching its goal of $30 million. The token’s price increases slightly in the last stage, from $0.033 to $0.0337.FOOM is a cryptocurrency that is powered by AI and […]
The CyberConnect token $CYBER has seen an impressive performance in the past weeks, with a listing on Binance on August 15 and a subsequent 80% increase. Despite a subsequent price drop, the coin is still up by over 100% in the last seven days, and its 24-hour trading volume has increased by 200%.The prominent South […]
Balancer Labs recently disclosed a vulnerability affecting several of its pools in a statement published on Aug. 22. The project reported that the vulnerability had not been exploited and that 80% of the issue had been mitigated. However, a small amount of funds, amounting to about 4% of its total value locked (TVL), remain at […]
An unknown Bitcoin whale has recently emerged, accumulating 118,300 Bitcoin worth over $3 billion at current market prices. The identity of the owner remains unknown, leading to speculation that it could be a centralized exchange such as Gemini or BlackRock, the largest asset management firm in the world.The wallet has become the third-largest holder of […]
