Bloomberg’s analysts have put forward new plans for Bitcoin and Ethereum ETFs in Hong Kong. They predict that the assets under management (AUM) for these funds could potentially reach $1 billion within the next two years. Eric Balchunas, a senior ETF analyst at Bloomberg, previously forecasted $500 million, but now the predicted amount is notably … Read more
According to Pavel Durov, the creator of Telegram, there will likely be more use of unconventional gadgets acting as cryptocurrency wallets for their heightened security. This prediction comes at a time when privacy activists are voicing worries about increased surveillance following recent legislation. During an interview with Tucker Carlson, Durov expressed his worries about governments … Read more
The Deutsche Bundesbank and MIT’s Digital Currency Initiative have teamed up to explore the security and privacy aspects of central bank digital currencies (CBDCs). Their collaboration aims to address the challenges of safeguarding customer data during digital transactions. Joachim Nagel, President of the Bundesbank, stressed the importance of preserving privacy while creating Central Bank Digital … Read more
The Terra Luna Classic (LUNC) community has declined a suggestion for establishing a paid development team, as proposed in Proposal #12093. Instead of creating a new system akin to the Layer-1 Joint Task Force (JLTF), which was previously discarded due to concerns over centralization and affordability. In the #LUNC proposal 12093, I cast a “NO” … Read more
Ernst & Young, a renowned accounting company, now offers a business contract management system powered by blockchain innovation. With the use of OpsChain Contract Manager, clients can securely put contracts onto a publicly accessible blockchain while maintaining the privacy of their business data through zero-knowledge circuits. Notably, this service functions on Polygon‘s proof-of-stake (PoS) blockchain, … Read more