Bank of China: Digital yuan transactions volume crossed $14B mark
The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong.
Bitcoin price threatens $19K support ahead of ‘most hyped’ CPI print
Nerves are showing on the market after several days of Bitcoin “stuck” in a tiny trading range.
Crypto markets to see ‘explosive volatility’ soon: Arcane Research
Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term.
Binance exchange burns $547M worth of BNB tokens
Binance permanently destroyed $547 million worth of BNB in its 21st quarterly burning event, but the markets remain steady.
DappRadar explains why it counted less than 40 active users on Decentraland
DappRadar only tracks users directly interacting with blockchain, a new blog post explains. For example, Axie Infinity’s daily user count is over 100,000, but DappRadar measures it only at 20,000.
Hodlers prefer centralized exchanges over DeFi for security: Chainalysis
Security remains a perennial concern for DeFi protocols, but DeFi will still inevitably “grow and flourish,” Bitfinex chief technology officer Paolo Ardoino believes.
Meta’s Web3 hopes face challenge of decentralization and market headwinds
Meta’s metaverse aspirations haven’t fared well for the tech giant, as the firm wiped out nearly five years’ worth of market cap in just 10 months of 2022.
Samsung uses blockchain-based security for devices in its network
Samsung’s Knox Matrix uses blockchain technology backing to increase security for all personal smart devices of a user connected to the network.
Bitcoin to become ‘trusted means of exchange’ in EU: Bitcoin Amsterdam 2022
Cointelegraph reporter Gareth Jenkinson interviewed Nigel Farage, a former member of the European Parliament, at the Bitcoin Amsterdam 2022 event.
NFTs and crypto provide fundraising options for breast cancer awareness
Organizations are partnering with NFT projects and accepting crypto donations to draw attention to Breast Cancer Awareness Month.