UK Treasury Committee Expresses Concerns Over Retail Digital Pound’s Potential Impact on Banks and Economy

The UK Treasury Committee is expressing concerns about the potential introduction of a retail Central Bank Digital Currency (CBDC), or digital pound, due to the risks it may pose to the economy. Lawmakers are worried that allowing people to quickly switch large amounts of bank deposits into digital pounds during market turmoil could lead to […]

UK Treasury Committee Expresses Concerns Over Retail Digital Pound’s Potential Impact on Banks and Economy

The UK Treasury Committee is expressing concerns about the potential introduction of a retail Central Bank Digital Currency (CBDC), or digital pound, due to the risks it may pose to the economy. Lawmakers are worried that allowing people to quickly switch large amounts of bank deposits into digital pounds during market turmoil could lead to […]

Mantle Introduces Groundbreaking Liquid Staking Protocol on Ethereum Network

Decentralized autonomous organization Mantle has launched a liquid staking protocol on the Ethereum blockchain. This protocol allows users to deposit ETH and engage in network staking while receiving Mantle-staked ether (mETH) as a token reflecting their stake. The protocol aims to address the concentration of ether stakes within major providers by offering an alternative solution […]

Mantle Introduces Groundbreaking Liquid Staking Protocol on Ethereum Network

Decentralized autonomous organization Mantle has launched a liquid staking protocol on the Ethereum blockchain. This protocol allows users to deposit ETH and engage in network staking while receiving Mantle-staked ether (mETH) as a token reflecting their stake. The protocol aims to address the concentration of ether stakes within major providers by offering an alternative solution […]

French Court Clears Hackers Responsible for $8.5 Million DeFi Theft

Two brothers who were responsible for stealing $8.5 million from decentralized finance (DeFi) protocol Platypus have been allowed to walk free by a French court. The theft occurred on February 16 when hackers exploited a code error and withdrew all assets through an uncollateralized loan. The stolen funds were eventually tracked with the help of […]

French Court Clears Hackers Responsible for $8.5 Million DeFi Theft

Two brothers who were responsible for stealing $8.5 million from decentralized finance (DeFi) protocol Platypus have been allowed to walk free by a French court. The theft occurred on February 16 when hackers exploited a code error and withdrew all assets through an uncollateralized loan. The stolen funds were eventually tracked with the help of […]

Swiss Banks Collaborate with SDX and SNB to Issue First Digital Bonds in CHF

Swiss banks have made history by issuing the first digital bonds using real Swiss francs (CHF) on a regulated distributed ledger technology (DLT) platform. This achievement was made possible through a collaboration between Switzerland’s SDX and SNB. The successful CHF digital bond transactions with wCBDC mark a significant milestone in the world of finance. This […]

Swiss Banks Collaborate with SDX and SNB to Issue First Digital Bonds in CHF

Swiss banks have made history by issuing the first digital bonds using real Swiss francs (CHF) on a regulated distributed ledger technology (DLT) platform. This achievement was made possible through a collaboration between Switzerland’s SDX and SNB. The successful CHF digital bond transactions with wCBDC mark a significant milestone in the world of finance. This […]

Property Transfer Slows Down as Baby Boomers Hold on to Large Homes and Apartments

Switzerland, one of the wealthiest countries in the world, has a relatively low homeownership rate compared to the European Union and the United States. Only about 36% of the population owns their own home, with the majority being renters. However, this statistic varies significantly across age groups. Among individuals aged 25 to 64, only slightly […]

Property Transfer Slows Down as Baby Boomers Hold on to Large Homes and Apartments

Switzerland, one of the wealthiest countries in the world, has a relatively low homeownership rate compared to the European Union and the United States. Only about 36% of the population owns their own home, with the majority being renters. However, this statistic varies significantly across age groups. Among individuals aged 25 to 64, only slightly […]