Henry Ndubuisi (henry648)

According to local media reports, the Brazilian central bank had to abandon the decentralized element of the CBDC to deliver a solution in 2026, in part due to the immaturity of the privacy solutions presented. Brazilian CBDC to Ditch Blockchain in Effort to Launch in 2026 The Central Bank of Brazil aims to accelerate the development of a central bank digital currency to deliver a working solution as soon as possible. According to local media reports, drex, the Brazilian Central Bank Digital Currency (CBDC), will abandon most of its tokenization and blockchain elements, targeting a launch date in 2026. Fabio Araujo, coordinator of the drex project at the central bank, confirmed this change, stating that the new proposal will be delivered in two phases: the first phase will not include a decentralized aspect, with an expected launch next year, and the second phase will continue to implement and mature blockchain technologies.

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Economist Henrik Zeberg has expressed concerns about bitcoin, labeling it a “highly risk-prone asset” and linking its price movements to the Nasdaq. He warns that a downturn in the Nasdaq could lead to a significant decline in bitcoin’s value. Bitcoin Labeled a ‘Risk-Prone Asset’ In a recent analysis, economist Henrik Zeberg raised concerns about the future of bitcoin (BTC), labeling it a “highly risk-prone asset” rather than a unique investment opportunity. Zeberg argues that bitcoin’s price movements are closely aligned with those of the Nasdaq, suggesting both are part of a developing phenomenon he calls “TechBubble2.” The term reflects his belief that current market conditions mirror previous tech bubbles, which ultimately led to substantial crashes. According to Zeberg, a downturn in the Nasdaq could have dire consequences for bitcoin, potentially triggering a significant decline in its value.

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From $2,265 to $47 Million: 2012 Bitcoin Stash Jumps Back Into Action This weekend, btcparser.com data shows that, between blocks 909302 and 909427, four Pay-to-Public-Key-Hash (P2PKH) wallets from 2012 released 400 BTC back into circulation.his weekend, with bitcoin trading 4.2% higher than last week, a quartet of long-forgotten wallets from June and July 2012 sprang to life, shifting 400 BTC valued at $47.45 million — their first move in more than 13 years. TVintage Bitcoin Revival: 400 Coins From 2012 Reemerge Although August hasn’t yet matched July’s streak of activity, a steady stream of dormant wallets has been stirring. Just three days ago, Bitcoin.com News reported on the movement of 3,000 BTC from 30 separate 2015 wallets — each sending coins for the first time since their creation.

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