Crypto News
Ethereum DeFi Project Ondo Aims to Take on Robinhood With Jump Into Tokenized Stocks
The decentralized finance platform is one of several entrants in the crowded tokenized real-world assets market, which is projected to be worth a few trillion dollars by 2030. Source link
Bank of Canada Identifies Technical Path for Retail CBDC in New Research Paper
The Bank of Canada took a significant step in exploring the technical feasibility of a digital Canadian dollar, proposing a specific system designed for a retail central bank digital currency (CBDC) focused on simple, everyday payments, according to a new research paper. The central bank’s research team examined OpenCBDC 2PC, a model developed in collaboration with the Massachusetts Institute of Technology's Digital Currency Initiative. This design prioritizes privacy, speed and decentralization by allowing users to hold digital funds directly, much like digital cash.The new research comes after the Bank of Canada said it is shifting its focus away from a retail CBDC last year, saying that it was prepared if the people of the nation decide such a product...
Mysterious Bitcoin Whale Moves $8 Billion in ‘Largest Daily’ Transfer of Old BTC in History
The sudden movements of the crypto fortune left analysts befuddled.Source link
Bitcoin ETFs See $602 Million Surge as Inflow Momentum Builds
Bitcoin exchange-traded funds (ETFs) continued their red-hot streak with a $602 million inflow, led by heavy activity in Fidelity’s and Blackrock’s funds. Ether ETFs also bounced back with $148.57 million in net inflows, riding high on renewed investor confidence. Bitcoin and Ether Funds Rack Up $750 Million in Inflows on Strong Institutional Demand Momentum doesn’tSource link
Cheaper NFTs Mean Sales Are Surging, But Trading Volume is Plummeting: DappRadar
A huge jump in NFT transactions may be linked to OpenSea's upcoming airdrop of the $SEA token, a new DappRadar report suggests.Source link