Source: Adobe/sommersby In the industry where memes can dictate the value of a cryptoaset, wars of narratives are intensifying amid fresh capital entering the nascent crypto space. While the never-ending Ethereum (ETH) vs. Bitcoin (BTC) debate is nothing new, the BTC camp is now opening a new front against the fast-growing decentralized finance (DeFi) industry, […]
Source: Adobe/Belkin & Co South Korean business giant Hanhwa Group has made its first direct investment in a crypto-related firm – stumping up over USD 3.3 million in Series A investment in Xangle, an information-sharing platform for crypto companies. Per Fn News, the injection of funds has come from the group’s Hanwha Investment & Securities […]
Jack Dorsey. Source: a video screenshot Twitter CEO Jack Dorsey-led payments company Square confirmed it aims to build a bitcoin (BTC) first hardware wallet "to make bitcoin custody more mainstream." "We have a lot of questions and issues to reconcile and we’ll start with this product direction: bitcoin first, global distribution, multisig to achieve “assisted-self-custody,” […]
Source: iStock/NatanaelGinting More Argentinian provincial governors are considering the issuance of locally issued digital tokens or stablecoins. As previously reported on Cryptonews.com, Josefina Canale, the provincial deputy of Mendoza, in the northern-central part of the country, has already gone public this week with claims that she is “studying” stablecoin proposals. But per La Politica, provincial […]
Source: Adobe/S.Gvozd Social media users believe they have captured screenshots of a beta version of China’s much-awaited central bank digital currency (CBDC). (Updated at 13:53 UTC: updates in bold). WeChat users are believed to have gained access to the screenshots on Tuesday this week. Images have since been shared to Twitter in a series of […]