The UAE’s Central Bank (CBUAE) has announced the completion of “the world’s largest pilot” of central bank digital currency (CBDC) in collaboration with the central banks of four countries. Central banks from Thailand, Hong Kong, and China, with more than 20 commercial banks from these countries, took part in the pilot, recording over $21 million…
How do the pros spend their time? Jeff Wilser of CoinDesk asks two of the best. Charts, charts, and more charts. Then more charts. If it’s a day that ends in a Y, a crypto trader is looking at charts. “I have to be on top of things at all times,” says Adrian Zdunczyk, a…
Breaking crypto news from the last week (Oct. 22 – 28, 2022): Oct. 22: OpenSea revises its NFT rarity ranking protocol OpenRarity, launched after community controversial feedback. Some community members argued that the new rarity ranking protocol disrupts the market-driven rarity structure for some NFT collections. Meanwhile, CoinShares launch its own experimental AI bot to…
Top investment deals across the crypto sector over the last week (Oct. 22–28, 2022): MakerDAO plans to move 1.1 billion USDC into Coinbase custody MakerDAO, the issuer of DAI stablecoin, is reportedly moving forward with a proposal to onboard an account to Coinbase prime and transfer about $1.1 billion (33% of its USDC) into custody….
The crypto industry can provide novel opportunities to generate value, but some of those avenues can’t all be found in traditional finance, writes Tongtong Gong on CoinDesk. Crypto is a $900 billion global market that institutional investors are sizing up. Despite the inherent risks involved in participating in any nascent sphere, institutional financial players are…
Twitter will let users display NFT marketplace listings from some platforms, as well as let them buy and sell digital collectibles. The integration could come in handy in Elon Musk’s plan for Twitter to be sustainable. The social media platform announced on Oct. 27 that it will let users buy, sell, and display NFTs from…