digital currencies

This Week in Web3: Wells Notices, Crypto Payments and Usability
This Week in Web3: Wells Notices, Crypto Payments and Usability
May 08, 2024  |  Cryptocurrency

Crypto goes up, and crypto goes down. Then, often, crypto goes back up. It can be a dizzying and volatile cycle. Just collapsed cryptocurrency exchange...

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ECB Official: Central Banks Must ‘Speed Up’ CBDC Adoption
ECB Official: Central Banks Must ‘Speed Up’ CBDC Adoption
May 06, 2024  |  CBDC

Bundesbank’s president said central banks must speed the adoption of digital currency to remain viable. “If you would have asked me 20 years ago if...

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Fed’s Jerome Powell Says ‘Nowhere Near’ Moving Forward With CBDC
Fed’s Jerome Powell Says ‘Nowhere Near’ Moving Forward With CBDC
March 07, 2024  |  CBDC

In testimony before Congress, Federal Reserve Chairman Jerome Powell said that the idea of the United States adopting a central bank digital currency (CBDC) is far from being...

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Hong Kong Kicks Off Wholesale CBDC Project
Hong Kong Kicks Off Wholesale CBDC Project
March 07, 2024  |  CBDC

Hong Kong’s central bank has launched a wholesale central bank digital currency (wCBDC) project. The effort, dubbed “Project Ensemble,” is designed to support a new...

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JPM Coin Programmable Payments Goes Live With Siemens
JPM Coin Programmable Payments Goes Live With Siemens
November 10, 2023  |  Blockchain

Onyx by J.P. Morgan has recently launched programmable payments through its blockchain-based digital currency, JPM Coin. This innovative solution allows users to program their transactions...

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Unable to Hold Their Pegs, Stablecoins Prove Anything but Stable
Unable to Hold Their Pegs, Stablecoins Prove Anything but Stable
November 09, 2023  |  Cryptocurrency

The hallmark of stablecoins has been instability. In a paper published this week by the Bank of International Settlements (BIS), the analysis shows that with a...

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Switzerland’s Central Bank Plans December CBDC Pilot
Switzerland’s Central Bank Plans December CBDC Pilot
November 02, 2023  |  CBDC

The Swiss National Bank (SNB) is set to begin piloting a wholesale digital franc next month. The bank, along with six other lenders from Switzerland, Germany and...

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Report: Hamas Received $41 Million in Crypto Since 2021
Report: Hamas Received $41 Million in Crypto Since 2021
October 10, 2023  |  Cryptocurrency

The recent attack on Israel by Hamas reportedly may have been funded in part by cryptocurrency.  A review of Israeli government seizure orders and blockchain...

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Report: Blockchain Company R3 Lays Off 20% of Staff
Report: Blockchain Company R3 Lays Off 20% of Staff
September 14, 2023  |  Blockchain

R3, a prominent blockchain company in the finance industry, has reportedly laid off one-fifth of its workforce. The company eliminated positions across different functions and...

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