As the country is considered for EU membership, the digital lari is seen as providing interoperability with a digital euro while preserving monetary freedom. The National Bank of Georgia (NBG) has announced that it will advance its research on a digital lari central bank digital currency (CBDC) in a limited-access live pilot environment. Nine companies, […]

Mixin Network has offered a $20 million bug bounty to the exploiter behind a $200 million hack to return the remaining funds. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi […]

Quick Take Bucking a precedent that dates back to 2016, Bitcoin ended September on a positive note, marking an approximately 4% increase. Historically, September has been a challenging month for Bitcoin, renowned for its adverse market conditions. However, this shift in trend rekindles interest and presents a fresh perspective on the cryptocurrency’s performance. This turnaround […]

Gemini has confirmed it withdrew $282 million of its Earn users funds from the bankrupt crypto lender Genesis in August last year into its liquidity reserve, according to a Sept. 28 statement. The exchange made this statement in response to a New York Post report alleging that the crypto platform’s co-founders, Tyler and Cameron Winklevoss, […]

Investment firms Invesco and Galaxy Digital allegedly filed for a spot Ethereum ETF with the U.S. SEC on Sept. 29. Asset managers keep pursuing digital asset products, with Invesco and Galaxy Digital allegedly filing for a spot Ether (ETH) exchange-traded fund (ETF) on Sept. 29.  Bloomberg ETF analyst James Seyffart disclosed the filing on X […]

Amid the soaring network difficulty, Bitcoin’s hashrate remains resilient, firmly holding above the 400 exahash per second (EH/s) frontier. A total of 43 mining pools channel their hashpower at the Bitcoin blockchain, yet, it’s Foundry USA’s pool that ruled the roost this month, seizing a 29.36% share of the total hashrate over the past 30 […]

Do We Need CBDCs? Bitcoin Backstage with Cynthia Lummis In the world of digital currencies, two terms frequently come up for discussion – Central Bank Digital Currencies (CBDCs) and Bitcoin. Both have gained significant attention in recent years, with proponents and critics presenting their arguments. To shed light on this topic, we dive backstage with […]

Polygon and ApeCoin are two well-established projects in the crypto space. However, these tokens continue to face resistance at key levels, with experts predicting possible paths for them. Meanwhile, Everlodge has sparked excitement in the timeshares market, promising to bring new liquidity levels to the industry. Join the Everlodge presale and win a luxury holiday […]

We have asked Google Bard, the popular AI chatbot, about its price prediction for Hedera (HBAR), dYdX (DYDX) , and Kangamoon (KANG) In 2023. Here are the results. Don’t Miss Out On The Kangamoon (KANG) Presale – Reserve Your Spot! Google Bard Predicts Price Surge for Hedera (HBAR) The Hedera network is a decentralized and […]

According to Polygon, “the same infrastructure used to power YouTube and Gmail” will help secure its network. Polygon Labs announced on Sep. 29 that Google Cloud has joined the Polygon PoS network as a validator.  Google Cloud joins more than 100 other validators verifying transactions on its L2 Ethereum network. This month, @GoogleCloud became part […]