Australian Politician Wants The Economy to Be Prepared for China’s Digital Yuan
The proposal sets out disclosure requirements for banks that may make China’s central bank digital money available for use in Australia.
Crypto Mining Firms Should Be Incentivized to Use Renewable Energy
Marathon CEO Fred Thiel stated that regulators should encourage bitcoin miners to use renewable energies following the White House report.
Warnings Coming From Goldman Sachs Put Bitcoin at Risk of Crashing Further
Data from Bitcoin derivatives also indicates that sentiment is shifting in favor a huge crash below $20,000, which is the current psychological support.
Trading Volumes on Crypto Exchanges Have Risen Post Merge
Since the beginning of this month, trading volumes on crypto exchanges have risen dramatically. Nearly 43% of exchange volume was accounted for by ETH trades on FTX.US.
Luna Classic Bounces Back 5%, XRP Also Rallies
Terra classic rose as high as 20% today’s session. This comes after a bearish streak. Today’s rally comes after Thursday’s fall to a critical support level
Office of Science and Technology Policy Layout 18 CBDC Designs for White House
Six broad categories were used to analyze the technical aspects of the 18 CBDC design options: participants, governance and security; transactions, data, and adjustments.
Investment Firm Two Sigma Raised $400 Million, Allocates 15% For Crypto
Two Sigma Ventures announced Wednesday plans to invest $400,000,000 across two new venture capital fund, confirming to CoinDesk the inclusion of crypto investments.
The EU Will Launch a Regulation Program for the Metaverse in 2023
In 2023, the European Union (EU), will launch an initiative to address the metaverse. It will also include all interactions and activities that occur in it.
Binance to Facilitate Crypto Payments in Ukrainian Grocery Chain Varus
Varus, a retailer that has over 100 stores in Ukraine, has partnered up with Binance to offer cryptocurrency payments.
GPU Miners Hunt for Alternative Crypto to Mine After The Merge
The intense competition among GPU miners leaves Ethereum leaving little profit for other blockchains. As many as 20%-30% of miners have stopped operating altogether, it is believed.
