Israeli central bank official says CBDC competition with banks is good for economy

In contrast to the general apprehension regarding how central bank digital currency (CBDC) may affect commercial banks, Bank of Israel deputy governor Andrew Abir expressed an opposing perspective in a speech posted on the central bank’s website. Instead of worrying, he encouraged commercial banks to strive for competition. After decades of striving to boost competition … Read more

Tokenholders approve $7.5B AI merger

The merged entities of SingularityNet, Fetch.ai, and Ocean Protocol – with the approval of their token holders – are moving forward with a $7.5 billion union. This alliance will be known as the Artificial Superintelligence Alliance (ASI). According to the April 16 announcement, the Fetch.AI (FET) token will become the ASI token with a total … Read more

Reversing layoffs of 2022? Crypto exchanges are adding staff members

According to reports, the CEO of Crypto.com, Kris Marszalek, announced that the company is hiring around 1,400 new employees, expanding its workforce significantly. Based on a Bloomberg article from April 16, it has been revealed that companies such as Crypto.com, Binance, Coinbase, Gemini, and Kraken have been adding staff members. This comes as cryptocurrencies like … Read more

Iraq commitment to capture flare gas sparks crypto mining speculation

Recently, Deputy Prime Minister of Iraq, Muhammad Ali Tamim, held a joint session as co-chair with U.S. Secretary of State Antony Blinken, in the U.S.-Iraq Higher Coordinating Committee, to deliberate on the forthcoming collaboration between their countries. At the meeting, Deputy Prime Minister Tamim made it plain that Iraq aimed to decrease its reliance on … Read more

‘Stake Solana with native teams,’ exec suggests – Here’s why

Helius Labs’ exec raises concerns about big corporations being top Solana validators.  However, one of Solana’s native validators is amongst the super minority group.   Coinbase and Binance (BNB) are two major players in the Solana (SOL) validator community, collectively managing around one-third (33%) of the staked Solana coins (SOL). With over 1700 validators in total, … Read more

GameFi ecosystem makes a comeback amid surging crypto prices

In a quieter 2022 and a more subdued 2023, GameFi projects have regained momentum with the surge of the current cryptocurrency market boom. This week, StepN’s move-to-earn protocol announced a partnership with Adidas for the release of 1,000 unique NFTs (Non-Fungible Tokens) on Solana. As part of a year-long collaboration between the companies, this is … Read more