Jerome Powell, chair of the Federal Reserve, shut down expectations for a U.S. central bank digital currency (CBDC) to be issued in the near future.  The central bank leader said that the U.S. has “not decided to proceed” with the issuance of a CBDC for the time being. "We do not see ourselves maki...
Payments firm Strike has raised $80 million in a Series B funding round led by Ten31, a venture capital firm that primarily invests in bitcoin-native companies.   Strike is focused on Bitcoin's Lightning network, a payments protocol intended to enable fast transactions that use smaller denominations...
Alex Mashinsky, the founder and CEO of failed crypto lender Celsius, has resigned.  "I will continue to maintain my focus on working to help the community unite behind a plan that will provide the best outcome for all creditors – which is what I have been doing since the Company filed for bankruptcy...
On Monday, a group of Cosmos contributors released a new whitepaper that outlines a plan to add two new functionalities to the central blockchain of the Cosmos ecosystem called the Cosmos Hub. Cosmos is a blockchain network consisting of interoperable, application-specific blockchains. These chains ...
The ongoing downturn in cryptocurrency markets is giving global regulators “more time” to identify the weaknesses and work that needs to be done, says Jerome Powell, Chair of the U.S. Federal Reserve. “Crypto winter did not have a significant effect on the broader banking system and financial stabil...
Two new reports by the International Monetary Fund (IMF) on regulating stablecoins and unbacked cryptoassets have called on the Financial Stability Board (FSB) to set and lead global efforts on crypto regulation. The reports, published on Monday, state that the watchdog is "well placed to take the l...
Harpie, an on-chain firewall provider, announced it has raised $4.5 million seed round to protect users from crypto theft.  Leading the round is Dragonfly Capital, joined by Coinbase Ventures and OpenSea, according to a company release on Monday.  The startup aims to protect Ethereum wallet users by...
Dubai, UAE, 27th September, 2022, ChainwireOkse CEO Tobias Graf has revealed more information about the company's crypto Visa card. The Okse founder has shared his vision of a decentralized future in which crypto and fiat interchange seamlessly. Graf founded Okse with the mandate of making financia...
Busan, South Korea, 27th September, 2022, ChainwireH.E. Justin Sun, Founder of TRON, attended the Upbit Developer Conference (UDC) on Friday morning, September 23, in Busan, South Korea. Sun delivered a keynote speech titled "TRON Leads the Way to Web 3.0" via video link, suggesting Web 3.0 makes u...
Singapore, Singapore, 27th September, 2022, ChainwireMagic Square announced today that it has secured funding from Huobi Ventures for its first-of-its-kind Web3 App Store solution. By partnering with Huobi Ventures, Magic Square will be able to continue to develop its platform, accelerate the adopti...

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