Georgia to Pilot Digital Currency in Retail Commerce Next Year
The central bank of Georgia is advancing its digital currency project. The monetary authority is preparing to launch the CBDC as early as next year and plans to use the…
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IMF Head Says Central Bank Digital Currencies Are Reliable, Hard to Think of Bitcoin as Money
Digital currencies backed by central banks are the most reliable form of digital money, according to IMF managing director Kristalina Georgieva. At the same time, to think of cryptocurrencies such…
Grayscale Adds Solana and Uniswap to Crypto Investment Fund
Grayscale Investments has added solana and uniswap to its large-cap investment fund. This is the first time solana has been added to a Grayscale fund. The company now offers 15…
DeFi platform Vee Finance exploited for $35M on Avalanche blockchain
Vee Finance says it suffered a $35 million attack just a few days after launching the mainnet on Avalanche last week.
State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform
State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank’s UPI for crypto…
Global Investment Bank Morgan Stanley Launches Dedicated Cryptocurrency Research Team
Global investment bank Morgan Stanley is establishing a new cryptocurrency research team. “The launch of dedicated crypto research is in recognition of the growing significance of cryptocurrencies and other digital…
Hedge Fund Brevan Howard Expands Crypto Business — Expert Hired to Lead New Digital Asset Unit
Brevan Howard, a European hedge fund management company, has said it will be expanding its crypto business. BH Digital, which is the hedge fund’s recently created unit, is expected to…
Microstrategy Buys 5,050 More Bitcoins, Now Hodls 114,042 BTC
Nasdaq-listed Microstrategy has purchased 5,050 more bitcoins for $243 million, raising its total bitcoin holdings to 114,042 coins. Microstrategy Continues to Grow Its Bitcoin Stash The pro-bitcoin software company Microstrategy…
Finance Redefined: DeFi’s $4M lobsters and Solana gaming, Sept. 6–10
Lobsters support DeFi’s endeavours amid regulatory clampdowns — all that and more, only in Finance Redefined.
Payments Giant Mastercard Acquires Blockchain Intelligence Firm Ciphertrace
Mastercard, the American multinational financial services corporation, announced the company is dipping further into the digital asset ecosystem by acquiring the blockchain intelligence firm Ciphertrace. The partnership announcement says the…