The country’s central bank will begin studying two possible cross-border CBDC settlement models this quarter. Russia’s central bank is reportedly set to begin developing a cross-border settlement system using its Central Bank Digital Currency (CBDC) amid ongoing sanctions in response to its invasion of Ukraine. The plans to move forward with Russia’s digital ruble are...Continue Reading

The investigation was prompted by a report from Culper Research, which alleged that Core Scientific had “wildly oversold” its mining and hosting businesses. A New York-based law firm says it has begun an investigation into whether Bitcoin miner Core Scientific and its leadership potentially engaged in “securities fraud and other unlawful business practices” which led to its...Continue Reading

Layer 1 EVM blockchain Flare goes online, aimed at providing developers a platform to build decentralized interoperability applications. Flare, a new layer-1 Ethereum Virtual Machine blockchain platform, has gone live with the launch of two core protocols aimed at powering decentralized interoperability applications. The platform serves as an oracle network that allows developers to build...Continue Reading