Sweden has beaten all other major economies to the Central Bank Digital Currency (CBDC) punch, with testing of the e-krona underway.
Riksbank Begins CBDC PilotSweden’s central bank, Riksbank, is the world’s oldest central bank.
Italian football club Juventus is launching digital collectibles of players, starting with Cristiano Ronaldo, in partnership with blockchain-enabled fantasy football startup Sorare.
The deal will enable Juventus to offer digitally collectible cards, which will be joining the likes of Roma, Napoli, and West Ham as Sorare’s partners.
Block.one’s beta launch of Voice has raised privacy alarms. Home addresses, government identification, and personal photos are required merely to use the platform. More concerning, the service tasked with verifying this information may use it to collect debts and help law enforcement.
Decentraland has gone live on the Ethereum, opening its blockchain-based virtual world to the public for the first time after raising $24 million in its 2017 ICO.
VeChain community engagement metrics have exploded over the past month. Nevertheless, VET trading indicators show price weakness.
VeChain’s Community Overwhelmingly EngagedVeChain’s social engagement has been skyrocketing over the past month, according to crypto insights provider LunarCRUSH. The firm reported that VET saw the first significant spike on Jan. 29, with over 1.16 million engagements on that day alone. However, the month of February has seen even greater engagement.
Decentralized finance offers some genuinely revolutionary potential. However, given the relative immaturity of the DeFi sector, vulnerabilities are commonplace. The recent incidents with bZx provide a stark illustration of how attackers are finding these weaknesses and exploiting them for personal gain.
It’s thus a worthwhile exercise for users to take the time to understand these vulnerabilities to make an informed decision about the relative risks.
Ripple’s XRP went through a steep bull rally since the beginning of 2020 that saw its price surge by nearly 90%. Now, it seems the token has reached exhaustion and one of the most prominent technical analysts in the industry estimates that it could face a steep correction.
Mike Bloomberg’s disastrous performance at last night’s Democratic debate saw his FTX futures contract for a presidential win plummet.
FTX Crypto Derivative TradingFTX has developed futures contracts for Donald Trump and five of the remaining Democratic candidates.
Kyber Network’s native coin, KNC, saw its price surge 17 percent after the company announced that it will be listing the token on Coinbase Pro. While inbound transfers of KNC to Coinbase Pro won’t begin until Feb. 24, the coin saw its price rise from $0.46 to $0.54 in two hours.
Coinbase has announced that it is now a Visa principal member, the first crypto company to gain membership. The exchange can now offer more services to current Coinbase Card customers, as well as extend service to a larger number of countries.
Though Coinbase has not announced any concrete plans for the immediate future, its options have opened up, according to an announcement published by the crypto exchange company on Wednesday, Feb. 19.
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