The Bank for International Settlements has put forth its most compelling case to date for the adoption of unified ledger technology in a jointly authored paper with BIS head Agustin Carstens. This document outlines a new financial system, referred to as the Finternet, which relies on unified ledgers as a fundamental component. it’s more adaptable … Read more
The Filecoin Foundation, a non-profit organization that supports the growth of the Filecoin project – a Web3 storage protocol, announced via a social media post by senior fellow Danny O’Brien on April 13, that they have a legal representative in China and are currently looking into reports regarding the detention of members from the Filecoin … Read more
At the Blockchain Life Dubai conference on April 15, the Blockchain for Good Alliance (BGA) made their formal debut. The BGA, described as a “network of organizations, projects, and people working together to use blockchain technology to address worldwide social, environmental, and economic issues,” has formed partnerships with almost every type of organization utilizing blockchain … Read more
The token’s value increased, and so did ETH. RNDR’s popularity grew among traders, suggesting a significant price hike in the long term. In the past 24 hours, the value of RNDR, the native token for the Ethereum-based decentralized GPU rendering platform, increased remarkably by a total of 18.85%. After a market downturn, RNDR distinguished itself … Read more
According to reports, the Hong Kong Securities and Futures Commission (SFC) has given its approval for the launch of three Bitcoin spot exchange-traded funds (ETFs). The following is a list with investments from Harvest Global Investments, China Asset Management, and a collaboration between HashKey and Bosera Asset Management included. After getting the green light, it … Read more
According to the most recent data from CoinShares, institutional crypto investment funds experienced slight reductions in assets over the last week. Based on the latest weekly report from CoinShares’ “Digital Asset Fund Flows,” which was released on April 15, institutional investors have decreased their holdings in digital assets. A total of $126 million was withdrawn … Read more