The European Central Bank (ECB) has published the results of the public consultation on the CBDC for the digital euro, while VanEck launches ETF of cryptocurrency companies on the Nasdaq Stock Exchange. These and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
CBDC and Central Banks
📍The European Central Bank (ECB) published on Wednesday the results of the public consultation on its CBDC for the digital euro. release The entity's research indicates that; the privacy of users is the most important element for citizens and professionals who consider the possible issuance of a digital euro. Also, the results indicate that the majority expects the CBDC be integrated as a complement to existing banking and payment systems.
Development and Technology
📍VanEck is launching a crypto-related ETF on Nasdaq, but it does not invest in digital assets. According to the release The company's new investment fund is focused on companies in the digital industry, including digital asset exchanges, miners, payment gateways, hardware and technology providers.
This fund, called DAPP, provides investors with pure exposure to innovative companies related to the world of cryptocurrencies, driving the digital transformation of markets and the economy worldwide.
📍Crypto Square, Square's investment arm, provided a grant of $9.000 a month to fund the work of developers Mempool.space, an open source block explorer. The grant provided by Square Crypto will be for 12 months, Indian the company on its Twitter account. The two developers funded with this grant are known as Wiz y Softsimon.
Bitcoin and Blockchain Adoption
📍In Dubai, the Department of Economic Development is using technology blockchain to extend its Know Your Customer (KYC) platform to all financial institutions in the country. The department is working in conjunction with the Dubai International Financial Centre, who published a release where he explains the advantages and benefits of unifying your corporate platforms in e-KYC.
The new blockchain-powered platform will help streamline processes for both entities, and as the release explains, will make customer onboarding much faster, safer and more streamlined, while also allowing for verified e-KYC data to be shared between licensing authorities and financial institutions. This is the first blockchain-powered KYC platform in the region.
📍On the other hand, in Colombia, the National Hydrocarbons Agency of Colombia (ANH), is also making use of blockchain technology to optimize oil exploitation processes. The blockchain solution that implements ANH allows you to streamline applications and the allocation of zones to the different oil exploitation companies to carry out this activity.
NFT and DeFi Markets
📍The ecosystem of decentralized finance (DeFi) brings together more than $116.000 billion in liquidity, show the data of DeFi LlamaThe provider notes that around $88.000 billion of total DeFi liquidity is concentrated in decentralized protocols running on the Ethereum blockchain, while the rest is concentrated in alternative networks such as BSC, Solana, and Avalanche. BSC projects follow Ethereum's with nearly $20.000 billion in liquidity.
📍NFT Meme launches its v2 version to improve its functions and optimize farming with non-fungible tokens. The platform developers shared the achievement on Twitter, and reported that the new version was a necessary evolution of the platform to meet growing demand.
📍Artist Kevin Abosch wears the NFT to a new level, using satellite images to turn them into works of art on the blockchain. Abosch will use images captured by the “1111 KOSMOS” satellite, which will be launched in the fourth quarter of 2021, to create its next digital art collection.
Pools and Miners
📍The company ePIC Blockchain ePIC Blockchain has held a $7,5 million investment round to boost the manufacturing of Bitcoin mining equipment in North America. According to the company's statement, the goal is to finance the manufacturing of ASIC equipment in the region, which can meet the growing demand for this equipment at more affordable costs. ePIC Blockchain says that with the new ASIC production line it will cover the lack of supply in the area and allow new players to benefit from this profitable activity.
Cybersecurity
📍Whale Alert The blockchain analytics provider reports that nearly 10.000 bitcoins stolen during the 2016 Bitfinex cryptocurrency hack are currently being moved to different wallets. On Twitter, the blockchain analytics provider points out each of the movements being made with the stolen cryptocurrencies. The latest batch reported by this provider is 16,6 BTC, just over $1 million, which was moved to an unknown wallet. Other batches have been 200 BTC, 400 BTC, 600 BTC and up to 1.246 BTC.
https://twitter.com/whale_alert/status/1382386472419012611
Continue reading: Bitcoin: A decentralized financial system “too important to ignore”
