[ad_2][ad_1] With the rally in the cryptocurrency market finally taking hold in recent months, many are expecting the likes of Ripple to take the next step. A similar thought process was recently shared by RippleNet GM Asheesh Birla after appearing in the latest edition of the Lend Academy podcast to …
Read More »Blockchain Bites: $ 8M stolen from Aussie Hedge Fund; China pushes CBDCs; Gaming Blockchain Boost; Repression of Hong Kong’s digital exchange
[ad_2][ad_1] Monday, the Australian Financial Review reported that Levitas Capital, a Sydney-based hedge find, was the target of a fake Zoom invitation opened by one of the fund’s co-founders Michael Fagan or Michael Brookes. After sending the fake invitation to Zoom on September 10, 2020, the hacker was able to …
Read More »Privacy, power, fiscal policy, the poor: 4 reasons to worry about CBDCs
[ad_2][ad_1] It is now clear that central bank digital currencies, or CBDCs, will be in our future and technology will fundamentally change the use of money and the economic system as a whole. The world’s largest economies and their central banks have announced they are working on CBDCs: The US …
Read More »Head of BIS Innovation Hub: Wholesale CBDCs likely to use blockchain – Ledger Insights
[ad_2][ad_1] On Monday, Benoît Cœuré, the head of the BIS Innovation Hub, said that “when it comes to wholesale CBDC it is very likely that blockchains will be involved.” Many of the world’s central banks are collaborating on CBDC research with the BIS Innovation Hub, which recently released a CBDC …
Read More »Kenya’s central bank is exploring CBDCs due to the “proliferation” of private cryptocurrencies
[ad_2][ad_1] The Central Bank of Kenya, or CBK, has reportedly initiated discussions with international central banks to explore the possibility of entering the central bank’s digital currency space. CBK Governor Dr Patrick Njoroge told reporters during Georgetown’s DC Fintech Week that: “”We [the CBK] they are already discussing with other …
Read More »XRP, XRPL will be the “bridge” between CBDCs, says the Ripple executive
[ad_2][ad_1] David Schwartz, CTO of Ripple, recently gave a lecture in Berkeley, a conference where he shared his views on how he sees XRP and XRPL fit into the bigger picture of a world with CBDC. CBDCs have been very much in vogue recently, especially since US Fed Chairman Powell …
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