Welcome to the 94th edition of fresh revamped Daily Leo!
The newest, hottest news will be delivered to you every day, so that you will always be up-to-date with the whatabouts on the Finance and Crypto world!
Don't forget to subscribe to The Daily Leo Newsletter & follow @leofinance for the latest information from the finance world and the cryptoverse.
Bank of Ghana to foster financial inclusion through CBDC project
More countries make progress in terms of developing and implementing central bank digital currencies (CBDCs) and Ghana’s central bank is not left out. According to Kwame Oppong, the head of fintech and innovation at the Bank of Ghana, a CBDC could give their citizens the opportunity to use a "decent form of payment." Ghana's apex bank aims to keep up and complete its research on CBDCs with the goal of ...
Bank Of England Quells Market Chaos After U.K. Government Spooks Investors
The Bank of England on Wednesday took steps to arrest pound's 1.7% decline against the dollar. This was a response to castigation attempts by leading financial institutions against the British government for tax cuts they claim could worsen inequality and hamper economic growth. Treasury chief Kwasi Kwarteng announced plans to...
The Push for Reversible Ethereum Transactions Divides Crypto Community
A sect of Stanford University blockchain researchers have proposed the possibility of creating reversible transactions on Ethereum but this doesn't sit well with all in the crypto community. Implicit in the proposal was a question: In an industry where the next $100 million theft is an inevitability, does protecting users require compromising on core principles? The other sect holds the view that...
Steve Cohen-Backed Firm Invests $10M in Web3 Game Marketplace AQUA
DIGITAL, an investment firm backed by Steve Cohen, has announced a $10 million investment in AQUA which will be a Web3 community platform for gamers. The flagship marketplace for trading in-game assets will provide a community-driven place for players to buy and sell those assets. The hedge fund billionaire owns the New York Mets, oversees Point72 Asset Management and has invested in crypto since 2018. The AQUA marketplace will...
Australia Issues White Paper for Central Bank Digital Currency
The Reserve Bank of Australia (RBA) has set out to explore use cases for a digital version of the Australian dollar. There is an ongoing research the potential benefits of launching a central bank digital currency. The monetary authority released a white paper outlining its goals and invited interested parties to participate with proposals and suggest pilot projects. Already, the lead Australia Bank has collaborating with the Digital Finance Cooperative Research Centre (DFCRC) ...
Bitcoin Network's Mining Difficulty Slides 2.14%, the First Time in 2 Months
Following four consecutive Bitcoin mining difficulty increases, the network’s difficulty dropped for the first time in 68 days, sliding 2.14% at block height 756,000 on Tuesday. The change means it’s currently 2.14% easier to find a bitcoin block reward following the mining difficulty’s all-time high (ATH) that took place on September 13. Bitcoin miners caught a break this week after the network’s mining difficulty slid by 2.14% on Tuesday evening. The difficulty is now 31.36 trillion ...
New Sports related Play2Earn game & NFTs comes to Hive
It is obvious that Hive is leading the growing sports sector to crypto adoption. Barely a 3 weeks after a record sell out of Card NFTs worth over $4 million in a low point in a very mean bear market in just two weeks, Splinterlands will again pre-sale hundreds of thousands of its Soccer based NFTs to be issued via its flagship sports related blockchain-based, play2earn gaming platform known as Genesis League Sports on Hive blockchain. The said pre-sale will go live on...
More Incentives to Stake $LEO as Gamification begins!
So far, hundreds of members of the LeoFinance community are powering up almost one million $LEO tokens. That's more than 7% of the total $LEO supply and in case you are not familiar with tokenomics, that is huge for just a single initiative in the whole LeoVerse of initiatives. Hence the marketing arm of LeoFinance takes its first step of gamifying the amount of skin in the game our Lions have in the LeoVerse. This now adds to the list of uscase for ....
LeoFinance is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Subscribe to The Daily Leo and start being up to date with the crypto & finance world!
This edition of The Daily Leo was published by Creativevoice on Leo Finance, read the original article here
Posted Using LeoFinance Beta