ECB wants final say on the legal status of private stablecoins in the EU

The European Central Bank has demanded veto power from lawmakers in the European Union over private stablecoin projects like Diem. The European Central Bank has finally sent its formal opinion on crypto regulations to the European Commission. According to Reuters, the ECB has asked EU lawmakers for veto powers concerning private stablecoin projects like the Facebook-backed Diem. An excerpt from the ECB opinion document reads: “Where an asset-reference arrangement is tantamount to a payment system or scheme, the assessment of the potential threat to the conduct of monetary policy, and to the smooth operation of payment systems, should fall within the exclusive competence of the ECB.” As part of the demand for veto powers on stablecoins, the ECB has urged the EU to ensure that its ruling should be binding on all national authorities in the Euro Zone.

Exclusive: Google's Former Artist-in-Residence Will Mint an NFT for Every New Piece

He showed the museum and gallery world what a machine thinking looks like.

Cointelegraph commemorates Bitcoin hitting $50K with an exclusive NFT

Celebrate this historic point in BTC's history by treating yourself to one of our limited run of 50 NFT artworks. By now it probably hasn’t escaped your attention that earlier this week the original (and many would argue, still the best) cryptocurrency, Bitcoin, broke through the $50,000 price point for the first time in its history. Whether you are a newcomer to the party, or fondly remember mining BTC with a GPU rig a decade ago, it can’t help but feel like a pretty momentous occasion.

Akoin rolled out in $2B medical metropolis in Kenya

Akon’s Akoin cryptocurrency is set to become the exclusive cryptocurrency of the Mwale Medical and Technology City in Kenya. Akoin (AKN), the crypto project developed by Senegalese-American singer Akon, has completed the pilot rollout stage of its deployment in the Mwale Medical and Technology City complex in Kenya. As previously reported by Cointelegraph, the trial phase was launched back in November 2020 at the time of the AKN listing on the Bittrex crypto exchange. Following the success of the initial pilot, the Akoin crypto is now ready for full deployment in the $2 billion complex in July. Commenting on the success of the pilot program, Akoin President and co-founder Jon Karas revealed that the roll-out was received with “great enthusiasm.” Once fully deployed, AKN will reportedly be available for adoption among 5,000 hospital workers, 2,000 merchants, and over 35,000 residents of the MMTC.

Bitcoin Games Releases ‘The Angry Banker’, Hosts a $12,000 Tournament

Bitcoin Games releases its first exclusive slot game The Angry Banker with a $12,000 tournament! First Exclusive Slot Game Since Launch Our very own premium gaming portal Bitcoin Games has been bringing some of the most popular online casino games to crypto savvy gamers all around the world ever since its inception a few years […]

DeFi Trilemma Solution and Layer-0 Network Layer Marlin to Debut on ProBit Exclusive February 16

The text below is an advertorial article that was not written by Cryptonews.com journalists. Layer-0 scaling solution Marlin has solidified its partnerships network with ProBit Exchange to launch a 3-day subscription period starting on February 16 and enable participants to accumulate POND at 50% off market price. ProBit Exclusive is a proven platform that showcases some of the most trending and

Bitcoin is a 'masterpiece of monetary engineering' Michael Saylor tells Austin Davis

Michael Saylor, CEO of MicroStrategy, applies his training in thermodynamics to Bitcoin in an exclusive interview with Bitcoin pioneer and futurist Austin Davis The financial and economic narratives surrounding Bitcoin (BTC) barely scratch the surface of what makes the digital asset so unique, according to Michael Saylor, CEO of MicroStrategy.  In an exclusive interview with Austin Davis for Cointelegraph, Saylor calls Bitcoin “a masterpiece of monetary engineering,” and one that will likely go down in history as the world’s “first engineered monetary network.” “Once you understand money is monetary energy and you understand Bitcoin is a monetary energy network, then you start to appreciate the fact that it either does or does not respect the laws of thermodynamics.

EasyFi Showcases Digital ID-Based Credit Solution for DeFi; Upcoming ProBit Exclusive On February 3

The text below is an advertorial article that was not written by Cryptonews.com journalists. Following the partnership between ProBit Exchange and EasyFi to consolidate the current divide between centralized and decentralized finance, EASY will now be featured on the upcoming ProBit Exclusive Lite-on February 3 following their listing in January.

Sick of yield farming? Your liquidity could save Earth from the Daleks

A new scheme from Reality Gaming Group is offering NFT trading cards from Doctor Who: Worlds Apart as an incentive to liquidity providers. The decentralized finance craze has provided endless opportunities for token holders to farm yield through staking their assets in a wide variety of liquidity pools. But for those who yearn for something a little more tangible than yet another “worthless” token in return for locking up theirs, Reality Gaming Group has another option. The Doctor Who: World’s Apart and Reality Clash developer is offering a liquidity boost and rewards program featuring NFTs from its portfolio of games. The scheme has launched alongside an RCC/ETH liquidity pool on Uniswap and offers rewards to those who stake a minimum of $200 worth of RCC tokens into the pool. The rewards comprise of three elements: a percentage of the Uniwap fees, a 100,000 RCC per month drop distributed between pool participants, and exclusive NFTs worth hundreds of dollars. The amount of NFTs that stakers can receive depends on the amount of time that liquidity is deposited in the pool. Rewards will be randomly chosen from across all four of the games in the RGG stable, and over a six-month period may comprise five Doctor Who: Worlds Apart trading cards, along with ten or more from the other three games.

Retail Investors Find an Equalizer with ProBit Exchange's 50% Discounted BTC Exclusive Offer

Disclaimer: The text below is a press release that was not written by Cryptonews.com. ProBit Exchange turned heads in the crypto community following a special BTC holiday edition of its Exclusive subscription model featuring 50% off market price offers for many premium tokens in the space.

Ethereum bursts into list of top 100 assets in the world by market cap

Ethereum’s recent gains saw it join Bitcoin on an exclusive list among the world’s biggest movers and shakers.

Economics Professor Tyler Cowen Says Cryptos Useful as Hedges or Forms of Payments – ‘Not Both’

Tyler Cowen, an economist and professor at George Mason University, has suggested that the key use cases of cryptocurrencies are mutually exclusive.

The Legacy System Vs. The NFT Metaverse

This is an intermediate to an expert level article on NFTs.