Coingeek: South Korea: Fintech giant Dunamu plans to invest $385M to create 10,000 Web3 jobs
Sunday, 17 July 2022 03:00
The South Korean fintech giant expects the investment to create 10,000 jobs in the Web3 space and says it will strengthen the competitiveness of the domestic industry. [...] Read More... The post South Korea: Fintech giant Dunamu plans to invest $385M to create 10,000 Web3 jobs appeared…
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Coingeek: Russia: Lawmaker proposes adding digital assets exchange division to MOEX
Sunday, 17 July 2022 05:00
The head of Russia's State Duma Committee on financial markets, Anatoly Aksakov, has introduced the proposal to launch a regulated digital assets exchange for the Russian market. [...] Read More... The post Russia: Lawmaker proposes adding digital assets exchange division to MOEX appeared first on CoinGeek.
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Coingeek: Sri Lanka central bank warns against digital assets investments amidst political unrest
Sunday, 17 July 2022 07:00
The Central Bank of Sri Lanka said citizens could invest in virtual currencies but at their own risk since the assets are not unregulated in the country. [...] Read More... The post Sri Lanka central bank warns against digital assets investments amidst political unrest appeared first on…
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Coingeek: G20 financial watchdog to propose digital asset regulations in October
Friday, 15 July 2022 05:00
The Financial Stability Board has stayed away from the industry but says the recent Terra debacle has made it rethink its stand as it called for strict oversight over Bitcoin. [...] Read More... The post G20 financial watchdog to propose digital asset regulations in October appeared first…
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Coingeek: Enterprises can opt for Solana but will come back to BSV, Patrick Prinz tells Women of BSV
Friday, 15 July 2022 07:00
With an extensive background in fintech, including working in a leadership role at a hedge fund, Patrick Prinz started testing the BSV blockchain technology after seeing a lot of promotions. [...] Read More... The post Enterprises can opt for Solana but will come back to BSV, Patrick…
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Coingeek: The CoinGeek Pulse Episode 95: 3AC founders missing, US Treasury digital assets framework, blockchain games investments
Friday, 15 July 2022 11:01
Founders of Three Arrows Capital (3AC), a ‘crypto’ hedge fund, appeared to have gone missing after filing for bankruptcy. [...] Read More... The post The CoinGeek Pulse Episode 95: 3AC founders missing, US Treasury digital assets framework, blockchain games investments appeared first on CoinGeek.
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Coingeek: BIS: CBDCs could solve cross border friction, but interoperability still major challenge
Saturday, 16 July 2022 01:00
BIS and IMF say that using CBDCs could solve many challenges with cross-border movement of funds, but question whether central banks will work together. [...] Read More... The post BIS: CBDCs could solve cross border friction, but interoperability still major challenge appeared first on CoinGeek.
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Coingeek: Bank of France governor announces phase 2 of digital euro development
Saturday, 16 July 2022 03:00
François Villeroy de Galhau, governor of the Banque de France, said the second phase would see four or five experiments carried out on the digital euro platform. [...] Read More... The post Bank of France governor announces phase 2 of digital euro development appeared first on CoinGeek.
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Coingeek: Russia’s central bank opposes ‘overly risky’ private stablecoins
Saturday, 16 July 2022 05:00
The Bank of Russia says that stablecoins are risky because the underlying pool of assets doesn’t belong to the user, and there’s no guarantee of redemption. [...] Read More... The post Russia’s central bank opposes ‘overly risky’ private stablecoins appeared first on CoinGeek.
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Coingeek: Samsung begins production of 3nm process chips that can be used for block reward mining
Saturday, 16 July 2022 07:00
Samsung said the Gen 1 3nm GAA process offers a 45% reduction in power consumption, 23% increase in performance, and takes up 16% less area compared to the previous 5nm process chip. [...] Read More... The post Samsung begins production of 3nm process chips that can be…
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