The technical analysis of the 18 CBDC design choices was made across six broad categories — participants, governance, security, transactions, data and adjustments. As directed by the President of the United States, Joe Biden, the Office of Science and Technology Policy (OSTP) submitted a report analyzing the design choices for 18 central bank digital currency...Continue Reading

Most wallets feel like they were created for developers. That’s becoming a bigger problem in terms of both practicality and security as crypto adoption increases. After Ethereum’s long-awaited Merge, it’s an ideal time to think about how we can also improve smart contracts. Essentially apps that run on blockchains, smart contracts are a vital component...Continue Reading

The U.S. Justice Department has published another report on crypto crime with detailed recommendations for legal reform; it has also formed a network of experts to advise offices. The United States Department of Justice (DOJ) published its latest report in response to President Joe Biden’s March executive order (EO) on the development of digital assets...Continue Reading

The company said the funds will support the building of virtual sports cities around the world. Sports Metaverse startup LootMogul secured a $200 million investment commitment from Gem Global Yield, providing the company a share subscription facility of up to $200 million for a 36-month term following an equity exchange listing.  The company said that...Continue Reading

The Treasury Department was downbeat on crypto in two publications produced in response to the president’s executive order on digital asset development issued in March. The United States Treasury Department released three publications related to digital assets Friday, in response to U.S. President Joe Biden’s Executive rder “Ensuring Responsible Development of Digital Assets.” One of...Continue Reading

Analysts and traders strongly adhere to the “Bitcoin is inversely correlated to the strength of the U.S. dollar index” thesis, but a closer look at the data suggests otherwise. Presently, there seems to be a general assumption that when the U.S. dollar value increases against other global major currencies, as measured by the DXY index,...Continue Reading

A classic bearish reversal pattern suggests pain ahead for the ETH/BTC pair despite Ethereum’s milestone Merge event. Ethereum’s native token Ether (ETH) has been forming an inverse-cup-and-handle pattern since May 2021 on the weekly chart, which hints at a potential decline against Bitcoin (BTC).  ETH/BTC weekly price chart featuring inverse cup-and-handle breakdown setup. Source: TradingView An...Continue Reading

Here’s a review of the possible new trends that will drive the crypto market in the post-Merge era. The Ethereum Merge came and went, leaving investors to ponder what the next trending development in the market could look like. In a Cointelegraph Twitter Space with Capriole founder Charles Edwards, the analyst mentioned that excitement over...Continue Reading

Customers who use the Binance Pay Wallet to pay for their orders will be eligible to enter a rewards program. Binance announced Friday that it has partnered with the Ukrainian supermarket chain VARUS, saying it will enable cryptocurrency payments for grocery purchases through its Binance Pay Wallet.  The grocery store is one of the largest companies...Continue Reading

Equities markets are witnessing aggressive selling due to increasingly bearish macroeconomic factors, and this is adding sell pressure to Bitcoin and altcoin prices. The World Bank has warned of a possible global recession in 2023. In a press release on Sept. 15, the bank said that the current pace of rate hikes and policy decisions is...Continue Reading