Mon, October 5

Zimbabwe Tech Institute Developing Central Bank Digital Currency

The RBZ’s most recent announcement on the CBDC is similar to its prior updates. CBDC may assist the central bank cut down on the price of printing currency. According to HIT vice chancellor Quinton Kanhukamwe, the Harare Institute of Technology (HIT) in Zimbabwe is working on a central bank digital

October 16, 2022 1 min read

Masters of the Universe NFT Collection Launched by Mattel

The collection was released this week to coincide with MOTU’s 40th anniversary. Each MOTU drop, as stated by Cryptoys, will include 10,000 toys for each character. Cryptoys, a new non-fungible token (NFT) platform, and Mattel, Inc., a toy and game manufacturer, announced on Wednesday their intention to release a digital

October 16, 2022 2 mins read

Former Morgan Stanley CEO John Mack on Cryptocurrency

John Mack, a former CEO of Morgan Stanley, discussed cryptocurrencies in an interview. From June 2005 to January 2010, Mack served as the global investment bank’s chief executive.  The former Morgan Stanley executive also talked about whether Wall Street will eventually be all digital. “You’ve got to make sure it’s

October 16, 2022 1 min read

MetaMask Now Supports Instant Crypto Purchase Via Bank

The parent company of the popular cryptocurrency wallet MetaMask, ConsenSys, has announced an integration with the fintech business Sardine that would make it simpler for customers to convert cash into cryptocurrency. Instead of waiting for their funds to clear, MetaMask users may now quickly fund their cryptocurrency wallets with bank

October 15, 2022 2 mins read

Actor Anthony Hopkins NFT Collection Sold in 7 Minutes

The first NFT art collection by Academy Award-winning actor Anthony Hopkins, named “The Eternal Collection,” sold out on NFT marketplace OpenSea in under seven minutes. The collection is a series of over a thousand original artworks commemorating the actor’s decades-long Hollywood career, with visual references to his roles in films

October 15, 2022 1 min read

Transactions in Chinese Digital Currency Exceed 100 Billion Yuan

The central bank stated that 360 million transactions were involved in the outlay. 5.6 million businesses across 15 provinces and municipalities now accept digital Yuan. The People’s Bank of China (PBOC) said on Wednesday that the number of transactions conducted using China’s central bank digital currency (CBDC) had surpassed 100

October 15, 2022 1 min read

Roche Freedman Dropped by Court in Tether, Bitfinex Lawsuit

Roche is a crypto lawyer and founding partner at Roche Freedman. Both Tether and Bitfinex team have expressed their delight after the decision. According to a Bloomberg article from Thursday, the law firm Roche Freedman was dropped as counsel for the plaintiffs in the market manipulation class action case against

October 15, 2022 2 mins read

Chainalysis Reports Crypto Activity Surge in Russia and Ukraine

High inflation has affected people in both nations as a result of the war’s economic toll. Ukrainian hryvnia-denominated trade volume increased by 121% to $307 million in March. There was a spike in crypto transactions between Russia and Ukraine shortly after hostilities broke out in late February. While Russian transactions

October 15, 2022 2 mins read

NYDIG Lays Off Around 110 Employees Amid Crypto Winter

A number of big crypto firms have already announced layoffs this year. New leadership at NYDIG includes Tejas Shah as CEO. NYDIG announced in January that it had secured $1 billion at a valuation of over $7 billion. With the intention of expanding its institutional-grade Bitcoin platform to include Lightning

October 15, 2022 2 mins read

Cardano (ADA) Price Plummets Amid Sluggish Market Conditions

Cardano’s supporters, though, are confident in the long-term viability of digital money. Crypto analyst says this is a great time for long-term investors to buy $ADA. Unfavorable macroeconomic circumstances have put a damper on the crypto market. Cardano in particular has been quite volatile during this whole crypto crisis. For

October 15, 2022 2 mins read