Shenzhen’s latest $3m digital yuan test sees nearly 140k transactions
Residents in Shenzhen have proceeded nearly 140,000 transactions in digital yuan during a 10-day city-wide test of China's central bank digital currency, known as DC/EP. The city of Shenzhen conducted a second run of the digital yuan test starting from January 7 by giving away $3 million worth-of di...
UK fund manager Ruffer: we are in the “foothills” of institutional adoption of bitcoin
Ruffer Investment Company, the British fund manager which recently revealed it had bet £550m on bitcoin, has published more details about the headline-grabbing move. In a review covering the six months to December 31, 2020, Ruffer said it has a history of using “unconventional protections” and that ...
Offline mapping app Maps.me raises $50m led by Alameda Research to enter DeFi
Maps.me, an offline mapping app that boasts 140 million users worldwide, has raised $50 million in a funding round led by Alameda Research in an effort to build a decentralized finance ecosystem inside the map app. Other investors including Genesis Capital and CMS Holdings also participated in the r...

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