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Caribbean CBDC Remains Offline for More Than 2 Weeks Amid Technical Issues


  DCash, a central bank digital currency (CBDC) commissioned by the Eastern Caribbean Central Bank (ECCB), has been offline for more than two weeks amid technical issues that continue to affect the platform. “The DCash Team continues to resolve the technical issue that is impacting the ability...

Gift to Pope Francis Sold as NFT Raises $80,000 for Afghanistan


A carpet presented by the United Arab Emirates as a gift to the head of the Catholic Church a few years ago has been sold in the form of NFT. While the original remains in the Vatican, its digital representation has been successfully used to collect funds for the people of Afghanistan. NFT...

Illicit Activity’s Share in Crypto Shrinks, 'Significant Problem' Remains


  The growth of legitimate crypto usage is far higher than that of illicit usage, according to blockchain analysis company Chainalysis. However, illicit activity is still “a significant problem.”  “Transactions involving illicit addresses represented just 0.15% of cryptocurrency transaction...

Zimbabwe Central Bank Chief: ‘We Don’t Believe in Cryptocurrencies’


The Reserve Bank of Zimbabwe remains opposed to cryptocurrencies but is interested in developing its own digital currency, its governor has said. Central Bank Does Not Believe in Cryptos The governor of the Reserve Bank of Zimbabwe (RBZ), John Mangudya, has said his institution is interested...

Bitcoin Remains At Risk, Ethereum, Small Altcoins Try to Recover


Bitcoin price failed to gain pace above the USD 58,000 resistance zone. As a result, BTC started a fresh decline and traded below USD 56,500. It is currently (04:31 UTC) back above this level but still showing bearish signs and it could accelerate below USD 56,000.... Read More: Bitcoin Remains...

Dogecoin (DOGE) Surpasses Shiba Inu and Remains Bullish


The sudden rise of Shiba to a notch above Dogecoin was a shocking blow to the price action in the last month. The sudden development of buying sentiment at Shiba woke the Dogecoin lovers, and we witnessed a strong comeback of Dogecoin in October 2021. To this date, DOGE has delivered a return...

Coinbase Lets Customers Borrow up to $1 Million Using Bitcoin as Collateral


The Nasdaq-listed crypto exchange Coinbase is now letting customers borrow up to $1 million using bitcoin as collateral. The company charges 8% APR but there is no credit check. The exchange said that the bitcoin used as collateral “remains safely held by Coinbase,” emphasizing...

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