Zimbabwe to issue gold-backed digital currency to save local currency
The Zimbabwe dollar has been depreciating against the US dollar. The country has been struggling with inflation for more than a decade now. The Reserve Bank of Zimbabwe (RBZ) has…
Marathon Digital mined a record 2,195 bitcoin in Q1 2023
Marathon Digital mined 2,195 bitcoin in Q1, with 41% of that (825 BTC) mined in March. The company also grew its total hashrate by 64% from 7 exahashes t0 11.5…
Nickel Digital calls for increased use of off-exchange settlements in crypto
Nickel Digital is advocating for increased integration of off-exchange settlements in crypto, noting that OES solutions can dramatically reduce fraud and bankruptcy risks Analysis shows 63% of crypto daily trading…
HeartX Launches Web3 Marketplace and Community Aim to Revolutionize Digital Art Industry
Central, Singapore, 20th March, 2023, Chainwire HeartX, previously known as ArteX, a trailblazer in the digital art industry, has recently rebranded and unveiled a groundbreaking web3 marketplace and community that…
AllianceBlock partners with ABO Digital for structured crypto projects financing
AllianceBlock builds seamless gateways between TradFi and DeFi through its decentralized and trustless infrastructure. ABO Digital is the private digital asset investment arm of Alpha Blue Ocean. The two companies…
Candy Digital and Getty Images to release ’70s music and photos NFTs
NFT Startup Candy Digital has tapped Getty Images for ’70s Music and Photos. The two firms will sell rare photos and music as NFTs. The NFTs will include several iconic…
Japan set to launch its digital yen pilot
Japan has been conducting proof-of-concept (PoC) experiments on its CBDC for the last two years. The Japan central bank now says that the project is now set for a pilot…
Nomura’s Laser Digital invests in DeFi protocol Infinity
Laser Digital’s investment follows Infinity’s seed funding raised in September, backed by top VCs in the space. Infinity is an Ethereum-based protocol designed to advance institutional DeFi or what’s called…
UK’s digital pound project shows future of money is digital, says HANetf co-founder
HANetf co-founder & co-CEO Hector McNeil was commenting on the UK Treasury and Bank of England’s recent announcement regarding a digital pound. McNeil says “cash is on decline” and that…
Bitcoin vs. Ethereum: Digital Gold vs. Decentralized Computer
Key Takeaways: The idea of blockchain technology as the bedrock of a decentralized payment solution was initiated via Bitcoin by Satoshi Nakamoto. Ethereum was introduced lat...