A number of emerging markets and developing economies (EMDEs) have been looking at stablecoins and central bank digital currencies (CBDC) to address weaknesses in their financial systems. But according to a paper released Friday by the Bank for International Settlements (BIS), these digital currencies may create daunting issues in these markets and not address problems […]

More investment managers are trading digital assets as interest in cryptocurrencies continues to grow. AIMA’s Global Crypto Report, released over the summer, showed that around 20% of hedge funds are now investing in the space. As a fund manager, protecting intellectual property, the complex algorithms, systems and data that allow them to generate returns, is […]

The price of SQUID, a play-to-earn crypto token, has shot up 35,000% since Oct. 26, according to CoinMarketCap data. The token buys entry to an online game inspired by hit Korean Netflix show Squid Game, one of the streaming platform’s most successful shows of all time, according to the white paper. SQUID was at $0.012 […]

Red Date Technology, the firm behind the Blockchain Services Network, will launch infrastructure to support the deployment of non-fungible tokens in China. The project, dubbed the BSN-Distributed Digital Certificate (DDC), was announced at the BSN Open Permissioned Summit on Friday. Red Date CEO Yifan He said that NFTs will be widely used in China in […]