GeneralBeginnerThe central bank of France recently successfully completed a significant test run of a blockchain based CBDC (central bank digital currency) in the country’s debt market. As the Banque de France continues actively exploring CBDC, more than 500 institutions in France have participated in a 10 month…
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BitcoinBeginnerThe U.S. is now the world leader in Bitcoin mining, as per the latest data from the Cambridge Bitcoin Electricity Consumption Index (CBECI). CBECI tracks Bitcoin’s energy consumption by geography. As per the latest data from Index the US currently makes up 42.7% of the Bitcoin network’s hashrate.…
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GeneralBeginnerRecently, the Binance cryptocurrency exchange announced $1 billion fund to push the adoption of Binance Smart Chain as well as the whole blockchain industry. Binance said that this is the biggest growth fund in the history of crypto. The $1 Billion Growth Fund is categorized into 4 different…
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GeneralBeginnerRipple, the leading crypto firm announced a joint strategic ESG investment of $44 million with Nelnet Renewable Energy, a Nelnet business, into one of Nelnet's solar energy investment funds. The Environmental, Social, and Governance (ESG) investment will fund solar energy projects throughout the…
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GeneralBeginnerDerivatives exchange Bitget announced the launch of its annual trading competition King’s Cup Global Invitational (KCGI). The competition has set up a prize pool of 100 BTC and 500M BGB as well as other custom made prizes. "This contest aims to provide a level playing field for trade lovers. The…
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GeneralBeginnerRecently, Cross border payments giant MoneyGram announced its partnership with the Stellar Development Foundation, to enable instant money transfers using Circle’s USDC stablecoin. "MoneyGram’s network, integrated with the Stellar blockchain and facilitated through Circle’s USD Coin (USDC), will…
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GeneralBeginnerRecently, Bank of America launched its digital asset research with the release of a report entitled "Digital Assets Primer: Only the first inning,". BOA said that digital assets are an over $2 trillion market value with more than 200M users, and have the potential to remould every industry by…
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GeneralBeginnerCryptocurrency exchange CoinDCX has appointed Bollywood superstar Amitabh Bachchan as its first ever brand ambassador. Having launched his own NFT collection recently the actor will now raise crypto awareness across India. Big B will be the face of a new campaign, which will focus on popularizing…
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GeneralBeginnerThe Longevity Science Foundation, a Swiss consortium of biotech founders, clinicians, and leading longevity research institutions, announced that it will spend over $1 billion over the next 10 years for research to achieve a 120 year human lifespan. Led by Evelyne Bischof, the Foundation is…
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GeneralBeginnerRecently, Argo Blockchain announced that it is expanding its Bitcoin mining capacity through an acquisition of extra 20,000 mining machines for the data center the firm is building in West Texas. Argo Blockchain has executed a purchase agreement for 20,000 Bitmain Antminer S19J Pro machines which…
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GeneralBeginnerTogether Labs has partnered with Immutable X to enable nonfungible token (NFT) transactions in social avatar and commerce platform IMVU. Together Labs is the parent company of IMVU which is a leading friend discovery metaverse and top grossing social app that enables approx 1M daily active users…
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GeneralBeginnerRecently, Facebook announced a two year $50 million investment for developing its virtual metaverse. The Metaverse will enable people to interact with one another, digital objects and the physical world via their avatar in a virtual environment. Facebook said that as it focuses on building the…
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