BIS is looking for a blockchain engineer to take a lead on its digital currency initiatives, which includes CBDC and digital security research.
Bahamas to Roll Out ‘Sand Dollar’ Digital Currency Next Month
The Bahamas’ “Sand Dollar” will likely be the world’s first live central bank digital currency when it launches in October.
Dapper Labs–USDC Integration Helps NBA Collectibles Game Clear $2M in Revenue Since June
Gamemaker Dapper Labs is using Circle’s dollar-backed stablecoin, USDC, as a global settlement solution for its non-fungible tokens (NFTs).
Galaxy Digital Leads $1.2M Raise for Startup Creating Automated Ethereum Services
Gelato said the seed round will fund further development of its bot network that will provide automated smart contract execution.
MicroStrategy Buys $175M More in Bitcoin, Upping BTC Holdings to $425M
Michael Saylor, the founder of Microstrategy, said Tuesday his company has acquired an additional $175 million in bitcoin (BTC) in a single purchase.
US State Regulators Agree to Single Set of Rules for Fintech, Crypto Firm Licensing
Agencies from 48 states are expected to unveil a new framework today that will simplify and consolidate regulation for crypto companies.
Nigeria’s SEC Says All Crypto Assets Are Securities by Default
The Securities and Exchange Commission of Africa’s most populous country said all crypto assets will fall under the regulation that covers securities exchanges and transactions.
DeFi Lender bZx Reclaims $8M Stolen in Sunday’s Attack
Decentralized finance (DeFi) lending project bZx has been able to recover about $8 million in cryptocurrency from an attacker who stole the funds after exploiting a code bug over the weekend. See also: Hacker Drains $500K From DeFi Liquidity Provider Balancer
Chainlink to Start Supplying Data for Crypto.com’s DeFi Wallet
The new integration will provide users of Crypto.com’s DeFi wallet with access to accurate and untampered price data, ChainLink said.
User Profiling Can Help Regulators Identify Illegal Crypto Activity, Says FATF
The international watchdog has recommended comparing users’ age and wealth with their crypto transactions to identify possible criminal activity.
DeFi Lender bZx Loses $8M in Third Attack This Year
An attacker found a way to mint unbacked iTokens that they could then redeem against other cryptos held in lending pools for DeFi lender bZx.
European Ministers Call on EU Commission to Regulate Stablecoins
Finance ministers from five European countries have called on the EU Commission to introduce tough regulation for stablecoins.
Crypto.com Follows Binance With Launch of Liquid Swap DeFi Product
Crypto.com’s new Defi Swap product will provide yet another platform on which users can token swap and yield farm .
French Central Bank Chief Eyes Public-Private Partnership for Possible Digital Euro
The governor of the Banque de France said private sector involvement could benefit a future digital euro initiative.
Coinbase Effect Hits DeFi as yEarn’s YFI Token Surges 10% On Pro Listing News
The already highly priced YFI governance token for yEarn.Finance has jumped an additional $6,000 on the news it’ll be listed on Coinbase Pro.
Square Forms Group to Stop Patent Hoarding From Stifling Crypto Innovation
Square said the Cryptocurrency Open Patent Alliance (COPA) will allow companies to access and share tech innovations with one another.
Blockchain Proposals Move to US House in Consumer Tech Bill
The Consumer Safety Technology Act will now be debated in the House of Representatives.
YouTube Ignored Warnings About XRP ‘Giveaway’ Scams, Ripple Says
Ripple has disputed Youtube’s claims it knew nothing about XRP scams on its site, saying it alerted the video platform hundreds of times.
Argo’s H1 Revenue Soars but Profits Drop as Bitcoin’s Halving Boosts Mining Costs
Argo Blockchain has reported a near quadrupling in revenue even as capital depreciation led pre-tax profits to slide by 45%.
Judge Dismisses $200M Damages Claim in AT&T Crypto Hack Lawsuit
AT&T has won a motion to dismiss a $200 million punitive damages claim from Mike Terpin, who lost $24 million in crypto via SIM hack