“Swiss fintech firm Taurus Group has integrated the decentralized finance (DeFi) Aave Protocol into its asset infrastructure, allowing banks and exchanges to deposit and borrow digital assets.
DeFi provides transparent, efficient and cost-effective solutions for banks to deploy their capital more effectively. We are excited to work with Taurus, who’s a leader in onboarding banks to DeFi through its secure custodian and smart contracts platforms.”
“Incumbent banks – like Goldman – could face pressure to increase their crypto business lines, with one obvious path being mergers and acquisitions.
This is a fast-evolving landscape where the crypto incumbents have certainly made huge progress over the last couple of years. There is an expectation from clients now that the incumbent banks will develop their offerings to satisfy that demand. And so, certainly anticipate a certain amount of consolidation across that space.”
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“Oslo stock exchange-listed Aker ASA has set up a new company dedicated to investing in bitcoin projects and companies. Seetee AS, will keep all its liquid investable assets in bitcoin and will also enter the bitcoin mining industry.
First, we will use bitcoin as our treasury asset and join the community. In Bitcoin speak, we will be hodlers.”
“The ETF is expected to begin trading on the Toronto Stock Exchange (TSX) on Tuesday under the ticker “BTCX.” BTCX will give investors exposure to bitcoin by investing directly in the cryptocurrency with holdings priced using the Bloomberg Galaxy Bitcoin Index.
In February, similar products from Evolve Funds Group and Purpose Investment both listed on the TSX.”
“The Atari-branded casino will be built in “Vegas City” – a gaming district in Ethereum-based Decentraland‘s metaverse and will be leased on an initial two-year term.
The new casino, based on Decentral Games’ tech, will feature Atari-themed games including an Atari Special game based on skill rather than luck. Players will be able to earn Decentral Games’ native token ($DG) by playing with MANA, DAI and Atari tokens.”
“Nine Chronicles, a fantasy role-playing game developed by startup Planetarium and backed by major publisher Ubisoft, offers the ability to freely mod and transform the game and publish it as a separate “fork” independent from the original experience.
Today, Planetarium announced that Nine Chronicles is now fully open source, letting users go wild with all of the code and assets to develop their own distinctive takes on the game. And to encourage just that, the Seoul-based studio has established a $2.5 million grant fund to reward top creators. All content in the PC game, from the artwork to the code, can be used by the community to create their own experiences, whether they are similar to the core Nine Chronicles game or significantly different in approach.
There have been open-source games before Nine Chronicles, but not many with an in-game economy to reward the contributors of the ecosystem. Many creators contribute hundreds of hours to their passion projects, yet do not reap the benefit when their creation becomes successful.”
“The investment comes as StakeWise approaches its mainnet release after a seven-month beta testing period with 1,400 participants.
We’ve made StakeWise into a protocol where users can earn elevated yields and gain unparalleled control over their staked capital.”
“A 44-page report commissioned by CPA Australia delves into the status of central bank digital currency development worldwide, while exploring viable blockchain candidates for hosting CBDCs in the coming years.
Bitcoin’s decentralized network and lack of oversight by banks or governments make it generally unsuitable for use in a national CBDC network, notes the report. Ethereum suffers from many of the same pitfalls as Bitcoin when it comes to hosting CBDCs, according to the report. Despite allowing for “programmable money” through the use of smart contracts, Ethereum’s decentralization and inability to be controlled by any state actor make it an unlikely candidate for hosting CBDCs.
Running contrary to Ethereum’s perceived inadequacy for use in government systems, the Reserve Bank of Australia used Ethereum-based technology in November 2020 when it sought to develop a proof-of-concept for a tokenized CBDC.
The Ripple Network and the XRP coin are looked on more favorably by banks and governments due to their centralized nature. The report claims that the centralized nature of Ripple’s operations makes it similar to central banks, due to how developers can control the “timing and quantity of supply” of its associated tokens.”
“Fast food chain Taco Bell has just sold its first batch of Taco-themed digital collectibles on NFT marketplace Rarible—and they were snapped up in a flash.
Our Spicy Potato Soft Tacos can now live in your hearts, stomachs and digital wallets.”