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Binance Successfully Completes SOC 2 Type II Compliance Audit


Source: DALL·E Binance has completed a comprehensive SOC 2 Type II compliance audit, aiming to further enhance cryptocurrency security. The crypto exchange Binance announced in a blog post that it had successfully undergone the System and Organization Controls (SOC) 2 Type II compliance audit. This...

GameSwift Introduces GS Pay To Bridge The Gap Between Web2 and Web3 Payments


PRESS RELEASE. The GameSwift team is proud to introduce GS Pay, a revolutionary payment system and bank card that seamlessly converts in-game treasures into real money, unlocking a world where gaming fuels real-life purchases. As the gaming sector continues its exponential growth, the lines between...

Xbox’s Biggest Flop Was A Decade Ahead Of Its Time


The Xbox One stumbled out of the gate when it launched back in 2013. But in the decade since, it’s become a bit easier to appreciate Microsoft’s ambitions and foresight with its third console. It combined a console, streaming device, and Blu-Ray player into the original all-in-one media player....

Lesotho’s Entire Payment System Reportedly Goes Offline After Cyberattack


The Central Bank of Lesotho recently confirmed that its payment system was attacked by unknown cybercriminals. The bank also acknowledged that the resulting downtime is making it “impossible for all local banks to honor inter-bank transactions in the country.” No Financial Loss Suffered...

S&P Global Ratings Introduces Stablecoin Stability Assessment Rankings


In a combination of both traditional and decentralized finance (defi) sectors, S&P Global Ratings has announced the launch of its stablecoin stability assessment. The latest tool aims to evaluate the ability of stablecoins to maintain their value relative to fiat currencies. New S&P...

City of Basel Settles Tokenized Bonds Using Wholesale CBDC


The Swiss city of Basel recently settled a series of tokenized bonds using a wholesale central bank digital currency (WCBDC) as part of Helvetia III, a WCBDC pilot program. The system is designed to prioritize efficiency, as having on-chain funds bypasses the need for reconciling transactions with...

Brazil to Discuss Digital Currency Usage for Financial Transactions in G20


Brazil will address the subject of digital currencies and how they can improve the financial system for the Group of Twenty (G20). Roberto Campos Neto, president of the Central Bank of Brazil, stated he wants the G20 to consider the benefits of using these currencies for making financial...

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