Qatar’s central bank plans to digitalize most of its products, including studying and potentially developing and launching a CBDC. One of the other directives from the institution involves issuing digital bank licenses. Qatar Enters the CBDC Race Speaking to The Peninsula at the 8th Doha Islamic Finance Conference, QCB’s Head of FinTech – Alanood Abdullah...Read More
Jim Chanos, president and founder of Kynikos Associates, believes Coinbase (COIN) stocks are highly overpriced. As such, his NYC-registered investment entity has decided to short them, even though their value has declined by 50% since November. Ever since Coinbase became the largest cryptocurrency exchange to go live on Nasdaq as a publicly-traded company in April...Read More
The launch of APE coin has undoubtedly been the story of the week. The cryptocurrency hit the public markets on Thursday after being airdropped to holders of NFTs associated with the Bored Ape Yacht Club (BAYC). It appears that large Ethereum holders are betting big on the token as well. Two of the largest Ethereum...Read More
[PRESS RELEASE – Please Read Disclaimer] Phemex, one of the most efficient crypto trading platforms, is hosting another grand trading competition, Trading Rebate Rewards event, with a massive prize pool. You are invited to join the event to claim your slice of a whopping $2 million reward supply. The competition lasts four weeks, and you...Read More
The count of citizens leaving their homeland in Ukraine because of the ongoing war with Russia continues to increase. Estimates from various sources put the number anywhere between 2.5 and 4 million. Data from CBS News points at roughly 3 million people leaving Ukraine. Another report hints that Portugal is shaping as a preferred destination...Read More
Bored Ape Yacht Club NFT collection made headlines recently with several bombshell revelations – from the purchase of the iconic CryptoPunks to the release of the ApeCoin. The launch of the APE token was as volatile as one might expect as the cryptocurrency dropped to a low of around $6 and is currently trading around...Read More
The worldwide cryptocurrency market capitalization increased 0.16 percent to $1.88 trillion in the last 24 hours, but trading volumes declined 14.95 percent to $82.43 billion. The overall volume in DeFi is currently $14.37 billion, accounting for 17.43% of the entire 24-hour volume in the crypto market. The overall volume of all stablecoins is now $68.30...Read More
After being compared to Tom Brady (with a few modifications), Ethereum’s co-founder said he mistook the American football legend for Tom Cruise. Yet, Brady, who already has some connections with the cryptocurrency industry, answered that he is a big fan of Buterin. Brady Is a Fan of Buterin It became known in the past week...Read More
The Avalanche (AVAX) was the biggest gainer on Saturday, with a gain of nearly 17%. The AVAX token had a fantastic week, with a gain of nearly 25%. The fact that the coin managed to stay above the $80 barrier level is noteworthy. The coin has crossed the $80 level and is on the verge...Read More
