cdtv
Ripple Exec on CBDC Platform, Metaco Acquisition
Blockchain firm Ripple is launching a central bank digital currency (CBDC) platform that allows central banks, governments, and financial institutions to issue their own digital currency. James Wallis, Ripple Vice President of Central Bank Engagements and CBDCs, joins "First Mover" to discuss the platform's services and the firm's recent acquisition of Swiss-based crypto custody provider Metaco for $250 million.
Rep French Hill on Stablecoin Regulation: ‘We’re Not Starting from Scratch’
Rep. French Hill (R-Ark.) addressed the House Subcommittee on Digital Assets, Financial Technology and Inclusion during Thursday’s hearing entitled: Putting the ‘Stable’ in ‘Stablecoins:’ How Legislation Will Help Stablecoins Achieve Their Promise. “We're not starting from scratch,” Hill said. “The similarities between the two proposals are strong, and that's why we're not that far apart.”
NFT Trading Volume on Pace to Drop Below $1B: DappRadar
A new report from DappRadar reveals that NFT trading volume for the month of May has reached $333 million so far, putting it on track to fall below $1 billion for the first time this year. CoinDesk's Jenn Sanasie presents "The Chart of the Day."
Absence of Retail Investors Could Hinder Pepecoin's Rise to Top Meme Coin: Santiment
A new report by on-chain analytics firm Santiment comparing the liquidity and trading metrics for pepecoin (PEPE) against shiba inu (SHIB) and dogecoin (DOGE) suggests PEPE could face challenges amid a generally bleak trading environment. "The Hash" panel discusses the latest on the meme coin economy.
DeFi Must Get Easier to Use to Win Over Retail Customers: Uniswap Survey
The many pains of using decentralized finance (DeFi) protocols may be stopping occasional crypto users from experimenting with on-chain services, according to a survey conducted by Uniswap Labs. "The Hash" panel discusses the findings and the potential hurdles ahead on the path to mainstream DeFi adoption.
Ripple Launches Platform for Central Banks to Issue Their CBDCs
Ripple is starting a central bank digital currency (CBDC) platform which allows central banks, governments, and financial institutions to issue their own digital currency. The firm will also showcase a real estate tokenization product as part of Hong Kong Monetary Authority's e-HKD pilot. "The Hash" panel discusses what this means for Ripple amid a global race to digital money.
Crypto Wallet Maker Ledger Continues to Defend Recovery System
Crypto wallet maker Ledger continued to defend its "Recover" service, which was met with consternation from the crypto community earlier this week on grounds that it undermines the firm's brief of privacy and security. In a now-deleted tweet, the support team said "it is and always has been possible" for the firm to extract its users' keys. "The Hash" panel weighs in.
How Web3 Can Help Charitable Fundraising Efforts
On-chain charitable funding platform Endaoment is partnering with Global Giving to grow its directory of nonprofits that will accept cryptocurrency. "Lots of nonprofits around the world don't have wallets and don't really have the infrastructure to set up wallets for themselves," said Robbie Heeger, president and CEO of Endaoment.
How Crypto Markets Are Responding to Odds of an Interest Rate Hike
"If inflation continues to remain sticky, [Federal Reserve Chair Jerome Powell] is going to push us into a deeper recession than anyone wants to admit," Tactive Wealth Advisor Eddy Gifford said. Gifford also discusses the crypto market's reaction to recent U.S. monetary policy.
MakerDAO Founder Explains How AI and Crypto Intersect
MakerDAO founder, Rune Christensen recently laid out plans to introduce a new stablecoin and governance token as part of the platform’s on-going revamp. Christensen joins "First Mover" to discuss how AI-assisted governance tools will be implemented, allowing token holders to summarize and verify governance rules and processes. "Ideally, it should almost feel like playing a game," Christensen said. "Participating in governance in a DAO should be sort of something that you want to do because it rewards you."