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Fed chair and US senator agree on core principles — and limits — for a potential digital dollar

Fed chair and US senator agree on core principles — and limits — for a potential digital dollar

Senator Pat Toomey is adamant on establishing limits on a potential central bank digital currency, though he has not yet ruled out supporting one.

The post Fed chair and US senator agree on core principles — and limits — for a potential digital dollar appeared first on The Block.

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A look into tokenised securities

Quick Take

  • Tokenised securities first launched in December 2020 but are still struggling to gain traction with users.
  • Mirror Protocol historically dominates the competition regarding user activity and trading volumes.
  • The market for tokenised securities makes up a relatively small fraction of the equivalent equities markets.

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GSR co-founder says the crypto market maker will enter the NFT space this year

Quick Take

  • GSR’s co-founder and president Richard Rosenblum says the company is developing software to algorithmically trade NFTs.

  • The advent of larger, more sophisticated NFT collections — in particular, the generative art peddled by Art Blocks — is what persuaded the firm to expand.

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South African police investigating alleged Africrypt bitcoin scam

The victims of the alleged Africrypt bitcoin scam want the police in South Africa to investigate the central figures in the case.

The post South African police investigating alleged Africrypt bitcoin scam appeared first on The Block.

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Bitcoin miner beats 1 in 1.3 million odds to mine a BTC block

One lucky bitcoin miner with a 1-in-1.36 million chance of mining a BTC block on their own has overcome the odds to secure the 6.25 BTC block reward.

The post Bitcoin miner beats 1 in 1.3 million odds to mine a BTC block appeared first on The Block.

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Powell says delayed Fed report on digital currencies will be released ‘within weeks’

The Federal Reserve’s report is ready to go, according to Chairman Jerome Powell.

The post Powell says delayed Fed report on digital currencies will be released ‘within weeks’ appeared first on The Block.

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Macro-driven crypto plunge spares NFT floor prices

Fears about the impact of more hawkish Fed policy has hit crypto token prices hard — but NFT floor prices have been spared.

The post Macro-driven crypto plunge spares NFT floor prices appeared first on The Block.

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TaxBit launches network in collaboration with major exchanges and DEXs

TaxBit has launched a network allowing users to connect accounts across the crypto ecosystem when filing their taxes.

The post TaxBit launches network in collaboration with major exchanges and DEXs appeared first on The Block.

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TaxBit launches network in partnership with major exchanges and DEXs

TaxBit has launched a network allowing users to connect accounts across the crypto ecosystem when filing their taxes.

The post TaxBit launches network in partnership with major exchanges and DEXs appeared first on The Block.

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NYDIG-backed mining firm Luxor launches new service for buying, selling hardware

Bitcoin mining company Luxor launches a new service for buying and selling Bitcoin mining hardware.

The post NYDIG-backed mining firm Luxor launches new service for buying, selling hardware appeared first on The Block.

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