According to News.bitcoin, Bank of India Governor Shaktikanta Das issued multiple warnings about cryptocurrencies at the World Economic Forum in Davos this week, saying: “Cryptocurrencies carry huge risks, especially for emerging market economies. Because it affects financial stability, monetary stability and the monetary system." “Cryptocurrency has no underlying layer, it’s not a currency, but it has the potential to become one, in which case it can take over part of the payment system, it can impact your banking system, so there’s a lot of risk involved”.
According to News.bitcoin, Bank of India Governor Shaktikanta Das issued multiple warnings about cryptocurrencies at the World Economic Forum in Davos this week, saying: “Cryptocurrencies carry huge risks, especially for emerging market economies. Because it affects financial stability, monetary stability and the monetary system." “Cryptocurrency has no underlying layer, it’s not a currency, but it has the potential to become one, in which case it can take over part of the payment system, it can impact your banking system, so there’s a lot of risk involved”.
IOST node partner Sigma launches cross-chain bridge Sigma-Bridge
IOST node partner Sigma officially launched the cross-chain bridge Sigma-Bridge today. It is reported that Sigma-Bridge is an asset cross-chain tool developed by Sigma for fast asset transactions and contract calls between major compatible networks. It was originally created to realize two-way conversion between IOST and ETH assets, and now it can realize asset transfer between other ecosystems (such as IOST and BSC). In the future, Sigma will gradually expand Sigma-Bridge to other high-perfo...
Bitwise Bitcoin custody address received 1036 Bitcoins from market maker Flow Traders 50 minutes ago
On-chain analyst Embers tweeted that the Bitwise BTC (BITB) custody address received 1,036 Bitcoin (BTC) from market maker Flow Traders 50 minutes ago, worth approximately $40.05 million. Accordingly, BITB’s net inflows on January 22 reached $41.56 million.
Lygon, a blockchain startup backed by IBM and others, will go into liquidation
According to Crypto.news, Lygon, a blockchain startup funded by IBM, will go into bankruptcy with debts of approximately $14.3 million. Lygon was founded only five years ago and is headquartered in Sydney with subsidiaries in New Zealand and Singapore. The company, a joint venture between ANZ, CBA, Westpac, IBM and Scentre Group, aims to revolutionize digital bank guarantees through blockchain technology.
IOST node partner Sigma launches cross-chain bridge Sigma-Bridge
IOST node partner Sigma officially launched the cross-chain bridge Sigma-Bridge today. It is reported that Sigma-Bridge is an asset cross-chain tool developed by Sigma for fast asset transactions and contract calls between major compatible networks. It was originally created to realize two-way conversion between IOST and ETH assets, and now it can realize asset transfer between other ecosystems (such as IOST and BSC). In the future, Sigma will gradually expand Sigma-Bridge to other high-perfo...
Bitwise Bitcoin custody address received 1036 Bitcoins from market maker Flow Traders 50 minutes ago
On-chain analyst Embers tweeted that the Bitwise BTC (BITB) custody address received 1,036 Bitcoin (BTC) from market maker Flow Traders 50 minutes ago, worth approximately $40.05 million. Accordingly, BITB’s net inflows on January 22 reached $41.56 million.
Lygon, a blockchain startup backed by IBM and others, will go into liquidation
According to Crypto.news, Lygon, a blockchain startup funded by IBM, will go into bankruptcy with debts of approximately $14.3 million. Lygon was founded only five years ago and is headquartered in Sydney with subsidiaries in New Zealand and Singapore. The company, a joint venture between ANZ, CBA, Westpac, IBM and Scentre Group, aims to revolutionize digital bank guarantees through blockchain technology.
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