Digital Financial News

The island of Hong Kong seems to have the veiled approval of mainland China for its recent move to attract crypto investors to establish itself as a crypto hub. Recent reports suggest that Beijing is onboard with the move, which has helped to encourage mainland Chinese firms to return to the city.

Lookonchain, in a 20 February tweet, revealed that the prices of Chinese coins were on the rise over the last few days. VeChain [VET] was one coin that experienced massive growth, with its price increasing by double digits. 

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

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RobotEra is a new blockchain-gaming project creating a vibrant metaverse world powered by its native token, TARO. Within the RobotEra metaverse ecosystem, users can seamlessly create and own virtual estates, play games, and earn economic incentives. 

After a slew of US enforcement actions against digital assets firms, the industry’s catchphrase is no longer “crypto winter”, it is “crypto crackdown”.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

In a new report, CoinShares, a digital asset investment firm, reported a significant shift in investor sentiment toward cryptocurrencies. After several weeks of price growth for many digital assets, negative sentiment has re-entered the market, resulting in two consecutive weeks of outflows from digital asset investment products. 

Cardano co-creator Charles Hoskinson has expressed his thoughts on recent regulatory actions against the crypto industry. The occasion for Hoskinson’s remarks was the introduction of the Digital Property Protection and Law Enforcement Act, a Senate bill in Illinois that has already been dubbed the most unworkable state law.

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Tim Berners-Lee, the man behind the internet as we know it today, is of the belief that crypto is “really dangerous.” The World Wide Web creator likened cryptocurrencies to gambling in a recent episode of CNBC’s Beyond the Valley podcast. 

RobotEra, a metaverse crypto project, is making waves in the gaming industry with its innovative approach to combining gaming and blockchain technology. The project is built on the Ethereum blockchain and aims to create a decentralized gaming ecosystem where players can earn rewards in the form of its native token, RobotEra.

Bitcoin 's price has been on the rise, with a trading volume of $40 billion entering the market. The BTC/USD pair has declined less than 1% within the past 24 hours, currently trading at $24,372.00. Despite this recent dip, its value has seen a notable increase of over 11% within the last seven days. 

In a new court filing , the unsecured creditors’ committee of Voyager Digital has issued subpoenas to top executives from FTX and Alameda Research. 

Crypto is at a crossroads. For months, the sector has lurched from one crisis to another.

The recent hostility shown in the crypto sector could be vital to Ripple’s [XRP] final result in its battle against the SEC .

According to data provided by Messari, the fees on DEXs have drastically reduced over time. This decline in fees would help DEXs such asUniswap, Curve, and SushiSwap attract more users to their respective protocols.

AVAX Daily recently posted weekly highlights of the Avalanche ecosystem, revealing AVAX’s performance on several fronts during the last seven days.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Announcing the pilot trial, BoJ executive Uchida Shinichi, states: "The aim of the pilot programme is twofold: first, to test the technical feasibility not fully covered by the PoCs, and second, to utilise the skills and insights of private businesses in terms of technology and operation for designing a CBDC ecosystem in the possible event of social implementation."Under the pilot programme, we plan to develop a system for experiments, where a central system, intermediary network systems, intermediary systems and endpoint devices would be configured in an integrated manner."The trials will entail simulated transactions with retailers and consumers alongside the establishment of a CBDC forum with private sector institutions in the payment space.Japanese card giant JCB has already joined forces with identity specialist Idemia and fintech Soft Space to investigate how any digital yen would work in retail stores.

Mance Harmon, the man behind the popular layer 1 DLT Hedera, recently appeared in an interview on Paul Barren Network. The interview saw Harmon discuss various aspects of his blockchain firm including decentralization, its growing governance council, and recent partnerships.