Silicon Valley investment giant Greylock also backed Pinata’s $3.5 million seed round last year. Author: Brandy Betz
Reserve Bank of Australia Starts New Pilot to Explore CBDC Use Cases
The Reserve Bank of Australia (RBA) is to explore use cases for a central bank digital currency (CBDC) in “limited-scale” pilot alongside the Digital Finance Cooperative Research Centre (DFCRC). Author: Jamie Crawley
First Mover Asia: BTC Holds Near $24K; Why Do We Need Ethereum PoW When We Have Ethereum Classic?
Crypto mega-entrepreneurs Vitalik Buterin and Justin Sun are clashing over Ethereum’s future; ether hovers over $1.7K. Author: James Rubin, Sam Reynolds
Genesis Global Issued $2.36B in Undercollateralized Loans to Three Arrows Capital
Crypto lender Genesis lent $2.36 billion in loans to the now insolvent Singapore-based fund Three Arrows Capital. Author: Oliver Knight
First Mover Americas: Bitcoin Passes $24K for First Time in August; Ethereum’s Buterin Shrugs Off Fork Talk
The latest price moves in bitcoin (BTC) and crypto markets in context for August 8, 2022. Author: Lyllah Ledesma, Omkar Godbole, Shaurya Malwa
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