The United Kingdom is a step closer to launching a central bank digital currency (CBDC) after releasing a consultation paper explaining the proposed digital pound, which the public has nicknamed “Britcoin.” The 116-page consultation paper was jointly released on Feb. 7 by the Bank of England (BoE) and the U.K. Treasury. A technology working paper was also released delving into […]

From beer breweries on opposite ends of the globe to aircraft technicians in isolated airports, telecoms infrastructure firm Nokia has been looking for ways to use the Metaverse to aid remotely-located workers. Nokia, who many remember as a manufacturer of consumer mobile devices, has since pivoted into developing technology and equipment that “delivers the internet.” Robert Joyce, CTO of Nokia […]

2023 is off to a tepid start for crypto venture capital, as the industry continues to emerge from a prolonged bear market. But that doesn’t mean there aren’t deals. In January, Cointelegraph reported a $125 million raise from Blockstream, a $60 million allocation to QuickNode and pair of ecosystem funds from Injective and SSV worth $150 million and $50 million, […]

A former product manager at Coinbase has pleaded guilty to crypto insider trading charges. Ishan Wahi, 32, admitted to sharing confidential information about cryptocurrencies the San Francisco-based exchange would be listing in a scheme that generated approximately $1.1 million in profits. First Of Its Kind Guilty Plea In one of the first such pleas in a U.S. federal court by […]

Three financial watchdogs in the United States have issued a warning to investors considering certain individual retirement accounts with exposure to cryptocurrencies. In a Feb. 7 notice, the United States Securities and Exchange Commission’s Office of Investor Education and Advocacy, the North American Securities Administrators Association, and Financial Industry Regulatory Authority said self-directed individual retirement accounts, or IRAs, may include […]

Los Angeles, United States, 7th February, 2023, Chainwire DeSo is excited to announce the launch of MegaSwap – a revolutionary, cross-chain smart service that enables users to securely and easily swap coins between different blockchains with a frictionless zero-login. MegaSwap solves various critical pain points, including onboarding new users and liquidity to any web3 application across any blockchain ecosystem.  In its limited release, […]

A federal judge has denied a joint agreement between Sam “SBF” Bankman-Fried’s legal team and prosecutors that would have allowed the former FTX CEO to use certain messaging apps. In a Feb. 7 filing for the United States District Court for the Southern District of New York, Judge Lewis Kaplan denied a motion proposing Bankman-Fried be allowed to use messaging […]

Coil, a content monetization platform founded by Ripple’s former chief technology officer Stefan Thomas, is sunsetting. According to Thomas, the blockchain project which supported XRP micropayments in real-time is only bidding farewell but not goodbye. Coil Bids Farewell In an open letter to the community, which Stefan Thomas shared on Twitter on Feb. 2, he explained why the project is […]

Future Fintech Group Inc. – a developer of blockchain applications and a fintech services provider – has just finished building a new crypto mining center in the South American nation of Paraguay. Future Fintech Group Gives Way to Paraguay Crypto Mining Facility Xu Kai – the vice president of the Future Fintech blockchain division – expressed in an interview: I […]