13 banks to participate in Russia’s CBDC pilot program
The pilot program will start on August 15, 2023. 13 Russian banks will participate in the pilot program being conducted...
Technology
PayPal launches a US Dollar stablecoin on the Ethereum blockchain
Key takeaways PayPal joins the stablecoin train Silicon Valley-based payments firm PayPal announced on Monday, August 7th, that it had...
What is Base? 5 Key Features of Coinbase’s New L2 Blockchain
With the Base Mainnet set to launch on August 9, excitement is building around Coinbase’s Ethereum Layer 2 (L2) blockchain....
Alchemix and JPEG’d Recoup Losses After Stolen Funds Returned
A crypto wallet labeled “Alchemix/CurveFinance Exploiter” has returned funds that were stolen from Alchemex earlier in the week. The NFT...
Bank of Italy leverage Polygon to help institutions experiment with DeFi
Key takeaways The Bank of Italy will use the Polygon blockchain to help institutions experiment with DeFi and asset tokenisation....
Caldera announces integration with Espresso Systems
Caldera developers can leverage Espresso Sequencer for greater scaling and decentralisation. The rollup-as-a-service (RaaS) platform recently partnered with Manta Network...
Worldcoin to launch its WLD token and mainnet today
Key takeaways Worldcoin’s protocol launch is slated for today, July 24th. The project will also launch its WLD token today,...
Solana Labs unveils Solang to enhance Ethereum compatibility
Key takeaways Solana Labs has unveiled its Solang compiler. Solang will make it easier for Ethereum Virtual Machine (EVM) developers...
UK’s FCA launches a permanent digital sandbox
Key takeaways UK’s financial regulator launches a digital sandbox The U.K. Financial Conduct Authority (FCA) announced on Thursday, July 20th,...
Federal Reserve launches ‘FedNow’ instant payment system
The newly launched FedNow Service aims to empower banks and credit unions. FedNow will allow for the execution of transactions...
These African Nations Make Significant Strides to Adopt CBDCs
A financial revolution quietly unfolds in the heart of the world’s second-largest continent. Central Bank Digital Currencies (CBDCs) have become...
SOL Staking Service by Marinade Finance Now Live
Share this article Marinade Finance, the project with the highest total value locked (TVL) in the Solana ecosystem, has introduced...
Latin America at the Forefront of CBDC Adoption: IMF Report 2023
As digital currencies continue to rise in global interest, Latin America and the Caribbean (LAC) have emerged as leaders in...
BNB Chain to undergo major hard fork to address blockchain exploit risks
Key takeaways BNB Chain is set to undergo its ZhangHeng upgrade later this month. The upgrade will address blockchain exploit...
Aave DAO to decide on GHO Stablecoin on Ethereum
Key takeaways Aave DAO to vote on GHO’s deployment on Ethereum The Aave DAO community members are set to start...
This is How Singapore Plans to Fix CBDC Interoperability
The Monetary Authority of Singapore (MAS) is pioneering a revolutionary solution, Purpose Bound Money (PBM), to address the problem of...
As Worldcoin’s World ID Grows, So Do Privacy Concerns
Spain is leading Europe’s adoption of Worldcoin’s proof-of-personhood (PoP) protocol. Dubbed World ID, it has already amassed a staggering 150,000...
Kraken Enlists YouTuber to Help Bust Crypto Scam Operation
The YouTuber and streamer Kitboga recently joined forces with Kraken to take down fraudsters operating a call center crypto scam....
ChatGPT Traffic Dwindles as Interest in AI Levels Off
OpenAI’s chatbot, ChatGPT, is no longer poised to grow into the world’s most frequented website. Its traffic has notably declined...
Meta Threads Will Collect All Your Data: Decentralized Alternatives
The tech giant Meta has unveiled Threads, its newest microblogging app designed to rival Twitter. However, its attempt to enter...
TON blockchain introduces an on-chain encrypted messaging feature
Key takeaways TON releases an on-chain messaging feature The Open Network (TON) announced the release of its on-chain encrypted messaging...
European CBDC Prototype, the Digital Euro, Slated for October
Digitization of finance is sweeping across Europe like a swift gust of wind, with the idea of Central Bank Digital...
