
Circle CEO Advocates for Yuan-Backed Stablecoins Instead of CBDC in China
China has been at the forefront of CBDC development, with ongoing trials and pilot programs for the digital yuan.
China has been at the forefront of CBDC development, with ongoing trials and pilot programs for the digital yuan.
Exfinity is known for its work in revolutionalizing access to economic opportunities in developing countries in Asia, the Middle East, and Africa.
Daniel Shin, who co-founded Terraform Labs with Do Kwon, allegedly sold about $118 million in LUNA before the token crashed in May of 2022.
VARA is exercising its authority to supervise and monitor compliance, assure fulfillment of prescribed conditions, impose remedial measures, and take necessary enforcement actions, including but not limited to holding BitOasis’ License status as non-operational.
The drop in the floor price of the BAYC NFTs has a spillover effect into ApeCoin (APE), which is an important part of Yuga Labs’ virtual world called Otherside.
Brazil is one of several countries around the world in various phases of CBDC implementation and adoption.
The Bank of England’s governor reiterated that fiat currencies will not be replaced by crypto like Bitcoin since they are extremely speculative assets.
The security weakness in the Arkham protocol raises a lot of questions in the entire network.
The Arkham project is focused on deanonymizing blockchain technology through a decentralized token financial system to enable a safe adoption of the crypto market among other reasons.
While Coinbase executives have engaged in pre-planned and periodic stock sales, other major COIN holders have chosen a different approach.
According to the survey, progress in the global development of CBDCs has continued since last year, with a particular emphasis on emerging economies where CBDCs are viewed as a means of providing financial access to unbanked individuals.
Stablecoin issuers Circle and Tether have initiated action and blacklisted more than $67 million of stolen funds in USDC and USDT, which is around 50% of the stolen amount from the cross-chain protocol.
Flare Network will work with Ankr to provide high-performance RPC infrastructure for developers.
Apart from the investigation initiated by the Department of Justice, the SEC sued Binance one month ago for listing unregistered securities, commingling customers’ deposits, and flouting KYC rules.
Multichain has now warned that because of the exploit, all transactions will be stuck on source chains until further notice.