The Bank for International Settlements has released the Project Mariana report, exploring challenges and solutions in a wholesale CBDC pilot for cross-border FX transactions using blockchain. […] Read More… The post BIS concludes wholesale CBDC experiment for FX, cross-border payments appeared first on CoinGeek.
Kraken Sees Record Inflow of 14,924 Bitcoin – What’s Going On?
In Summary Bitcoin deposits into Kraken exchange highest seen since 2018. Hundreds of millions of dollars could move markets. Analysts are starting to see signs of a potential bull market. A historic inflow of Bitcoin (BTC) into Kraken deserves a closer look. The inflow of 14,924 Bitcoin, worth US $415.3 million ($656.5 million) marks the […]
Offchain: Meta? I Hardly Knew Her!
Meta’s photorealistic avatars reminded the world that the metaverse still exists. But will it ever actually come to fruition? One thing crypto could never be accused of lacking is hubris. Founders never simply launched a protocol or coin: they launched an entirely new way of understanding money. They launched a revolution in the way that […]
MATIC reverses September losses — Are more gains likely?
MATIC consolidated gains above $0.55 in the past two days. If the range-formation extends, buyers can re-enter at these levels.
Time to ‘pull the brakes’ on Ethereum and rotate back to Bitcoin: K33 report
The relatively lackluster performance of nine new Ethereum futures exchange traded funds (ETFs) has prompted analysts at K33 Research to urge a “rotate back” into Bitcoin BTC $27,733 . In an Oct. 3 market report, analysts Anders Helseth and Vetle Lunde said that it’s “time to pull the brakes on ETH and rotate back into […]
Time to ‘pull the brakes’ on Ethereum and rotate back to Bitcoin: K33 report
“The gravitational pull in crypto for the time being stays in BTC,” said K33 senior analyst Vetle Lunde.
Celsius Commits To Massive Crypto Repayment: $2 Billion To Creditors By 2023’s End
Celsius Network, a bankrupt digital asset lender, has revealed plans to begin repaying creditors using billions of dollars in crypto assets before the year’s end. The company presented a restructuring plan, outlined in a recent filing to a US bankruptcy court, which aims to generate funds for a new corporate spinoff known as “NewCo” and […]
Key Points on First Day of Trial for SBF As Defence Claims He Was Just a Math Nerd
In Summary SBF has completed first day of trial. His defence claims SBF acted in good faith. Former girlfriend and CEO of Alameda Research, Caroline Ellison to play key role. Trial will likely be about if SBF knowingly committed fraud. In the multi-billion-dollar fraud case that caused thousands of FTX customers to lose their funds, […]
Hong Kong police, regulator form crypto task force as JPEX saga unfolds
The Hong Kong Police Force (HKPF) and the Securities and Futures Commission (SFC) have set up a crypto-focused working group to deal with illicit crypto exchange activities. In an Oct. 4 statement, the SFC said the group was formed after a meeting with the HKPF on Sept. 28 amid continuing arrests and developments in connection […]