News

Samsung begins production of 3nm process chips that can be used for block reward mining
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16 July, 2022

Samsung begins production of 3nm process chips that can be used for block reward mining

Samsung said the Gen 1 3nm GAA process offers a 45% reduction in power consumption, 23% increase in performance, and...
Russia’s central bank opposes ‘overly risky’ private stablecoins
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16 July, 2022

Russia’s central bank opposes ‘overly risky’ private stablecoins

The Bank of Russia says that stablecoins are risky because the underlying pool of assets doesn’t belong to the user,...
Bank of France governor announces phase 2 of digital euro development
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16 July, 2022

Bank of France governor announces phase 2 of digital euro development

François Villeroy de Galhau, governor of the Banque de France, said the second phase would see four or five experiments...
BIS: CBDCs could solve cross border friction, but interoperability still major challenge
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16 July, 2022

BIS: CBDCs could solve cross border friction, but interoperability still major challenge

BIS and IMF say that using CBDCs could solve many challenges with cross-border movement of funds, but question whether central...
Celsius Network is bankrupt—this is getting ridiculous
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15 July, 2022

Celsius Network is bankrupt—this is getting ridiculous

Celsius Network has an estimated 100,000 creditors and has $12 billion under management as of May 2022, although it's unclear...
The CoinGeek Pulse Episode 95: 3AC founders missing, US Treasury digital assets framework, blockchain games investments
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15 July, 2022

The CoinGeek Pulse Episode 95: 3AC founders missing, US Treasury digital assets framework, blockchain games investments

Founders of Three Arrows Capital (3AC), a ‘crypto’ hedge fund, appeared to have gone missing after filing for bankruptcy.