BIS Drops Mbridge Project Participation: It Was ‘Not Created to Serve the BRICS’
The BIS announced it was abandoning Mbridge, a project aimed at using CBDCs to interconnect the financial systems of several countries, due to its potential to help BRICS nations sidestep economic sanctions. BIS Abandons...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Crypto Hacks: Three Projects Hacked in One Day as Losses Hit Over $11M
Three crypto projects were attacked on September 24, suffering combined losses of more than $11M. Attackers drained around $1.8M f...
The NFT party is over and everybody now owes storage rent
In 2021, Christie's sold a Beeple NFT for $69.35 million, and Sotheby's took another $24.40 million for 101 Bored Ape Yacht Club N...
Washington has $114 billion reasons to want Tether around
Not that long ago, Washington fined Tether for misleading people about the dollars behind its tokens. Today, the company's insatia...
Bitcoin dominance falls below 60%, signaling potential altcoin season
The shift in Bitcoin dominance may indicate a changing crypto landscape, potentially limiting altcoin growth due to ETF-driven cap...
Over a third of top 20 global banks now using Coinbase infrastructure
The integration of major banks with Coinbase could accelerate the mainstream adoption of digital assets, reshaping global financia...
Quant Crypto Blasts 3x in a Week Following Huge US Bank Deal
Quant crypto has exploded roughly +178% over the last seven days, including an extraordinary +72% daily surge. Quant is quickly be...