Central Reserve Bank of Peru Finalizes CBDC Research Stage, Three More Phases to Production 

The President of Central Reserve Bank of Peru (CBRP), Julio Velarde Flores, announced in November 2021 that the country would cooperate with India, Singapore and Hong Kong to develop a CBDC. The Central Reserve Bank of Peru (CBRP) has recently published a report on the need for a well planned Central Bank Digital Currency (CBDC) … Read more

Hindenburg Research Announces Another ‘Big’ Report Following Adani Exposé

Forensic research platform Hindenburg Research has teased another report amid the ongoing US banking crisis.  Following its Adani report, US short-seller Hindenburg Research says it will release a new report on another target soon. The New York-based research firm did not specify the next release and provided no details about timing or content. Nonetheless, speculation … Read more

Alameda Research to Sell Sequoia Interest to Abu Dhabi Sovereign Wealth Fund for $45M in Cash

FTX’s sister trading firm Alameda has agreed to sell its interest in Sequoia Capital to a UAE-based entity.  Alameda Research appears set to sell its interest in Sequoia Capital to Abu Dhabi for $45 million. According to a recent report, the FTX sister trading firm agreed to sell the Sequoia stake to the Abu Dhabi sovereign wealth fund in … Read more

China Launches Blockchain Research Center to Expedite National Adoption Trends

The government in China is planning a specialized blockchain research center in Beijing to aid the country’s digitization agenda.  China is reportedly launching a national blockchain research center to further facilitate blockchain technology adoption. The East Asian country seeks to speed up industrial use cases of blockchain technology despite its well-documented crackdown on cryptocurrencies. According to local … Read more