Montenegro Central Bank Teams Up with Ripple to Develop CBDC
Ripple and Montenegro’s Central Bank agreed on developing a pilot project for a national digital currency. However, the specifics of the upcoming project are not yet known.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
Ripple and Montenegro’s Central Bank agreed on developing a pilot project for a national digital currency. However, the specifics of the upcoming project are not yet known.
Harmony’s Horizon Bridge facilitates transfer between Harmony and the Ethereum network, Binance Chain and Bitcoin. The Lazarus hacking group exploited a system weakness on the multichain network, thus siphoning about $100 million.
With the proposed Moody’s stablecoin scoring system, the shift to the stablecoin regulations can be fast-tracked.
Before his latest move to push for crypto payments at Capitol Hill, Cruz has always supported crypto assets.
It remains unclear which regulator will have jurisdiction and control over different types of assets.
In the case of SushiSwap and the Sei Network, the benefit for both firms is quite clear and besides growing its influence, the former will use the partnership to generate a new revenue stream for the protocol.
Aptos led the rally in altcoin space jumping by more than 40% in a day amid huge whale accumulation.
According to Makhlouf, cryptocurrencies present a minimal risk to financial stability, but they can significantly affect retail customers. As most of the coins are not backed by any fiat currencies or other assets, a ban should be imposed on crypto advertisements.
As a top-traded coin, over $31.43 million has been liquidated from the Aptos market in the past 24 hours.
The wallet linked to receiving money from the scam was hosted on the Binance exchange. According to a Binance Smart Chain scan shared by internet sleuth ZackXBT, the hackers were able to make off with 26.95 BNB tokens, which is about $8,200.
Luno will be discarding 330 people out of about 960 employees.
GGC has given Ver 20 days to respond to the complaints filed against him.
Embattled crypto lender Celsius plans to use a new bankruptcy digital currency token to pay off its creditors.
After a strong community backlash over very high minting prices and lack of communication, Porsche decided to backpedal its NFT plans.
The successful launch of testnet means Ethereum is still on schedule to deliver the withdrawal features five to eight weeks from now.