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Russian Central Bank Suggests Using Crypto to Counter Western Sanctions

4.7.2024
Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions. Bank of Russia Governor Elvira Nabiullina highlighted that the central bank has softened...

Layerzero Integrates Flare, Enabling Connectivity to 75 Blockchains

3.7.2024
Layerzero has integrated with Flare, a layer one (L1) blockchain, to connect it with 75 other blockchains. This integration aims to broaden the scope of decentralized applications (dapps) and improve data sharing across networks. Flare and Layerzero Partnership Aims to Enhance Dapp Accessibility...

It Feels Like Sony Is Finally Leaving The PlayStation 4 Behind

3.7.2024
The long-tail on the PlayStation 4 has been incredible. The console still has 49 million active users according to Sony’s most recent estimate. But all good things must come to an end, and it feels more clear than ever that Sony is ready to leave the PS5's predecessor in the past, with Horizon Lego...

Aave DAO Launches GHO Stablecoin on Arbitrum Network

2.7.2024
Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched...

BIS Survey: 94% of Central Banks Exploring Digital Currency

15.6.2024
The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs). There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors...

RealToken DAO integrates Chainlink CCIP for cross-chain token transfers

14.6.2024
RealToken DAO, specializing in real estate tokenization, has integrated CCIP, the global standard for cross-chain interoperability. They will be taking advantage of CCIP’s Simplified Token Transfer capacity to provide cross-chain REG transfer. It empowers users to move tokens faultlessly between...

Cross Border CBDC Project Mbridge Enters MVP Stage

7.6.2024
Project Mbridge, the cross-border central bank digital currency (CBDC) project that seeks to integrate several currencies into a global network, has reached its minimum viable product stage. This means that each one of the participant central banks has deployed a validating node in the network...

Ripple partners with Clear Junction to improve cross-border payments

6.6.2024
Ripple has announced a partnership with Clear Junction. The objective is to enhance cross-border payments in the UK and the European Union. It will initially facilitate transactions backed by EUR and GBP. The partnership plans to list more currencies in the coming years. Both partners bring...

Animoca Brands and EVG solidify strategic partnership with cross-investments

4.6.2024
Animoca Brands has formed a collaboration with Everest Ventures Group to implement an investment exchange initiative, in which both parties contribute to the other. The two entities are both dedicated to the improvement of the Web3 ecosystem and its widespread adoption. With respect to investments...

BIS Plans Instant Cross-Border Payments Using Wholesale CBDC Settlement

4.6.2024
In a move to improve traditional cross-border payments, the Bank for International Settlements (BIS) has announced the launch of Project Rialto. This project aims to enhance instant cross-border payments by integrating a modular foreign exchange (FX) component with settlement in wholesale central...

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