11 potential impacts on crypto and the market from the rise of CBDCs
16 Aug 2023
203 Views

The ultimate impacts of CBDCs on the crypto industry may be a mixed bag of positives and negatives, and insiders need to monitor developments. In June 2023, the Atlantic Council, based in the United States, announced the results of a study on global nations’ interest in and progress toward creating their own central bank digital currencies. Eleven…

Stellar dips into treasury to buy minority stake in MoneyGram
16 Aug 2023
238 Views

The financial details weren’t disclosed, but the investment gave the Stellar Development Foundation a seat on MoneyGram’s board of directors. The Stellar Development Foundation (SDF) has become a minority investor in payments provider MoneyGram International. In an Aug. 15 X post, Stellar Development Foundation CEO and Executive Director Denelle Dixon announced the new investment saying…

Illuvium’s collapsing token represents the problems with GameFi
16 Aug 2023
346 Views

GameFi developers have been focused on raking in money — and they’ve forgotten that they need to make games fun in order to win over players. Blockchain games began as a means to effectively test technology’s true potential. However, making sure they reach that potential remains a challenge. While Illuvium was one of the most highly anticipated…

Sei token valued at $1.8B after beta launch, exchange listings
16 Aug 2023
302 Views

Layer 1 trading blockchain Sei Network has reached a fully diluted valuation of $1.8 billion on the initial day of token listing. On Aug. 15, major exchanges such as Binance, Bybit and Bitget jointly listed the network’s native Sei (SEI) token. On Binance, the token opened at $0.064 a piece before surging as high as…