Central securities depository Clearstream, which is part of Deutsche Börse Group, will take part in the European Central Bank (ECB’s) experiments for a digital euro, also known as wholesale central bank digital currency (CBDC). Clearstream, which manages the D7 post-trade platform, is currently the only central securities depository (CSD) participating in the ECB’s early-stage preparation … Read more
In simple terms, El Salvador, known for making Bitcoin legitimate currency, introduces a new initiative to bring in talented professionals and strengthen its economy reliant on cryptocurrency. President Nayib Bukele announced plans to invest $5 billion in granting citizenship to approximately 5,000 foreigners with expertise in fields such as science, engineering, medicine, and arts. Upon … Read more
Primex Finance and CoinList have introduced a new rewards program called “Contribute and Earn” to motivate users and increase activity in lending and trading on their platform. This initiative distributes Early Primex Tokens (ePMX), which account for 2% of the total PMX token supply, to top contributors over a period of 12 weeks. The program … Read more
Former President Donald Trump’s cryptocurrency business has hit a roadblock. At first, his involvement in crypto transactions brought profits, but later market instability caused a significant loss in his investments. In his first year of involvement with cryptocurrencies, the business magnate derived most of his income from the royalties of his own NFT collection, named … Read more
The increased user activity and popularity on the Solana blockchain, which focuses on smart contracts, have put a heavy strain on its system. Some users contend that this issue has persisted since the beginning and thus choose to remain with the service. The founders assure customers that the developers have begun working on resolving the … Read more