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Privacy and CBDCs: Digital Euro Assoc. Publishes Whitepaper

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• The Digital Euro Association (DEA) released a white paper examining the importance of privacy in Central Bank Digital Currencies. • Ripple Director of CBDC Product Management Anthony Ralphs contributed to the paper, which recommends minimum privacy standards for global CBDC implementations. • Blockchain technology is seen as an optimal solution for providing enhanced security […]

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BlockFi Bankruptcy Reveals $227M Silicon Valley Bank Funds Uninsured

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BlockFi Bankruptcy Case Filing Reveals Money In SVB: BlockFi filed its Chapter 11 Bankruptcy action due to the FTX collapse, and revealed that they had $227 million in the Silicon Valley Bank’s money market mutual fund (MMMF). Silicon Valley Bank MMMF: The US Securities and Exchange Commission regulates these funds, and the FDIC’s federal deposit […]