Brad Garlinghouse, the head of Ripple, shared his plans for an IPO this year. At the World Economic Forum in Davos, Garlinghouse admitted that Ripple's public offering of securities would be a natural continuation of the company's development.
The startup Bcoin turned the Tesla electric car into a node of the Bitcoin blockchain using the on-board computer of the machine. True, critics noted that this could lead to crashes or failure of the node due to overload of the Tesla processor.
The administration of the World Economic Forum (WEF) presented the structural basis for the issuance of digital currencies of central banks (CBDC). The framework is a guide for regulators, according to which they will be able to decide on the feasibility of issuing any virtual assets or optimize this process.
Tether will release a real-gold stablecoin. The coin was called XAU ₮. It is the equivalent of one troy ounce of gold in a particular gold bar stored in Switzerland. The token will be issued on the Ethereum and TRON blockchains.
Members of the US Senate from the State of Hawaii have developed a bill through which local banks will be able to store and manage cryptocurrency and other digital assets.
The inventor and head of Tesla, Elon Musk, discussing cryptocurrencies on the Third Row Tesla podcast, admitted that he is neither a proponent nor an opponent of cryptocurrencies. He expressed the opinion that cryptocurrencies are gaining popularity where it is difficult to use cash, but, in his opinion, bitcoin will not be able to completely replace fiat.
The developer, Diderik Loerakker from the team working on Ethereum 2.0, said that the zero-update phase ー the Beacon Chain, which will start the network update, ー went through the stabilization process. Now developers will expand specifications and improve the practicality of Ethereum 2.0.
The LocalBitcoins platform has blocked the user accounts of some countries in Africa in accordance with the requirements of the European Commission. These users need to go through an extended verification process in order to access the site again.
A businessman from Lipetsk named Alexander, with whom customers pay with cryptocurrency, told local television how he used his bitcoins to build a house. At the same time, the man in simple words explained to reporters what cryptocurrency and mining are.