2021-12-01

Daily Digest – December 1st

• ETH gains 530% in 2021, Grayscale launches Solana Trust, XRP nodes fall out of sync.

• MicroStrategy has bought 28% of all Bitcoin since its first purchase.

• Expect a CBDC report doon – Powell, Yellen believe Stablecoins need more regulation.

• Thai crypto exchange hopes to become “Coinbase of Southeast Asia.”

• Movie director to make NFT-funded movie, sport-related NFT sales will double in 2022.

Cardano: Is It a Good Buy or Should It Be Goodbye?

Cardano (ADA) has had an amazing run. A year ago it was trading at $0.15 per coin and within 10 months it hit an all-time high of $2.96 per unit – representing a nearly 20x multiple. Cardano has been around since 2017 and is the brainchild of Ethereum (ETH) co-founder, Charles Hoskinson. Hoskinson had some philosophical differences with other Ethereum founders, specifically Vitalik Buterin. Despite those differences, when Hoskinson left the ETH team he copied the best attributes of Ethereum, and found fixes for its weaknesses, and used those elements as the DNA he wanted for ADA...

The Head of Meta/Facebook’s Crypto Wallet – Novi – Resigns

Less than 24 hours after Jack Dorsey stepped down as Twitter’s CEO, another major crypto shakeup has occurred. Late Tuesday, David Marcus who ran Meta/Facebook’s cryptocurrency wallet division, called Novi, announced his resignation via Twitter...

Successful South Korean Blockchain Company Launches a New Metaverse

The company recently launched a metaverse platform called “2ndblock” which offers various virtual activities, hosts lectures, and more.

Bank Indonesia to Issue Its Own CBDC to ‘Fight’ Cryptocurrencies

Following the Indonesian Islamic authority’s decision to ban all cryptocurrency operations, the Indonesian central bank has made plans to issue a digital rupee to “fight” private cryptocurrencies, a senior bank official stated.Central bank Assistant Governor Juda Agung explained on Tuesday, November 30th, that crypto assets are currently traded alongside commodity futures, which are regulated by the commerce ministry...

We chat to Carnomaly, a new project utilising blockchain technology and cryptocurrency to benefit every car owner and potential car owner out there. The new service will assist in finding auto loans, selling your car and more, with all the perks of blockchain solutions. 

Baltic Fintech Summit Started Crowded and Finished with Crypto Discussion Between Bitcoin Maxis and Boomers

Several important questions were raised, such as around security issues for payments and transactions from Iran and select African countries.

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,Tadas