LATEST NEWS

National Australia Bank Joins the Stablecoin Movement

National Australia Bank (NAB) is developing its own stablecoin, becoming the second bank in Australia to do so after Commonwealth Bank of Australia. The stablecoin will be built on a blockchain platform and will be linked to the Australian dollar. The move is aimed at allowing customers to make real-time payments and reducing costs associated with international transfers. NAB's stablecoin is part of a broader effort to modernise its payment system and improve financial inclusion.

Bitcoin Price Soars 43% in January 2023

Bitcoin's price rose 43% in January 2023, due to growing institutional adoption and increasing investor confidence. Experts predict continued growth in February, but caution that the market is volatile and subject to sudden fluctuations. It is important to keep a close eye on market developments and consider factors such as regulation, adoption, and macroeconomic events.

New Testnet to Lets Ethereum Stakers Access Their Funds and Earn Rewards

Ethereum is launching a new testnet, Zhejiang, on February 1st that allows stakers to access their rewards and locked-up funds. This testnet is a key step towards the roll-out of Ethereum 2.0 and provides a real-world setting for testing the staking and withdrawal process. With this launch, Ethereum stakers will finally be able to earn rewards and access their funds.

The Zhejiang public testnet is going live tomorrow (1st of Feb 15:00 UTC, 2023). Shanghai+Capella will be triggered 6 days later (at epoch 1350). You will be able to deposit validators, practice BLS change and exit without risk. All links are here: https://t.co/XNlsDIG0cm pic.twitter.com/sKKDJmolt2

— Barnabas Busa (@BarnabasBusa) January 31, 2023

UK Stablecoin Available at 18,000 ATMs Nationwide

A UK-based stablecoin has integrated into 18,000 ATMs nationwide, making it more accessible and easier to use for consumers. This integration provides a new way for individuals to buy, sell and hold the stablecoin, offering more flexibility and convenience. The move towards wider ATM integration is part of a broader effort to increase the usage and adoption of stablecoins and digital currencies in the UK.

Premier League Teams to Use Ethereum-Based Digital Cards

The Premier League has partnered with Sorare to bring Ethereum-based digital cards to its teams. Sorare creates unique digital cards for top football players and teams, which can be collected, traded, and owned by fans. This partnership will bring a new level of interactivity and engagement between fans and their favorite teams and players. Sorare's use of blockchain technology will ensure the authenticity and scarcity of the digital cards, making them valuable collectibles.

BlockFi Allowed to Sell Mining Assets

BlockFi has received court approval to sell its crypto mining assets. The court's decision clears the way for BlockFi to liquidate its mining assets, allowing the company to focus on its core business of providing investment and lending services to its clients. The sale of BlockFi's mining assets will also allow the company to reduce its exposure to the highly competitive and volatile crypto mining industry. This move is in line with BlockFi's ongoing effort to streamline its operations and improve its bottom line.

Alameda Research Files $446 Million Lawsuit Against Voyager Digital for Market Manipulation

Alameda Research, a sister company of cryptocurrency exchange FTX, has filed a lawsuit against Voyager Digital for $446 million. The lawsuit alleges that Voyager engaged in insider trading and market manipulation, leading to harm to Alameda's business and reputation. The lawsuit also claims that Voyager used confidential information to gain an advantage in the market. This legal dispute highlights the growing importance of transparency and integrity in the cryptocurrency industry and the need for stricter regulation to protect both businesses and consumers.

Elon Musk Calls for Twitter Payment System Using Cryptocurrency

Elon Musk has expressed his desire for Twitter to build a payments system that is designed with cryptocurrency in mind. Musk, who is a well-known supporter of cryptocurrencies, sees the integration of cryptocurrency into social media as the next logical step in their evolution. He believes that a crypto-based payments system on Twitter could provide users with a convenient and secure way to transact on the platform. While there are still many challenges and uncertainties to be addressed, Musk's proposal is a strong indication of the growing interest and potential of cryptocurrencies as a means of payment.

AI Model ChatGPT Predicts End of Central Banking and Fiat Currency with Bitcoin

A recent report details how AI language model ChatGPT has been trained to predict the eventual downfall of traditional central banking and fiat currency systems, with the rise of Bitcoin playing a significant role. The model has been fed information about Bitcoin's history and its current usage, as well as arguments for and against it. ChatGPT's predictions about the future of the financial industry highlight the growing recognition of the potential impact of cryptocurrencies on traditional financial systems. However, it is important to note that these predictions are not necessarily indicative of a definite outcome and should be taken with caution.

You're not going to believe this, but I just Orange Pilled #ChapGPT. It is now a Bitcoiner. See this conversation, it's incredible. (Thread) pic.twitter.com/HJOqezmjlG

— Parman (public account) Bitcoin Pub Key Whisperer (@Parman_Public) January 26, 2023