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Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing
19.4.2022
The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no intention to delay the trials despite not all invited banks being ready to participate yet. Bank of Russia...
Beanstalk Hacker Drains USD 182M from Project, But Nets Only USD 80M
18.4.2022
Beanstalk, a decentralized credit-based stablecoin protocol, fell victim to a flash-loan attack over the weekend that saw the protocol exploited for USD 182m worth of crypto. However, the attacker managed to cash out 'only' USD 80m.
According to blockchain security firm PeckShield, the attacker...
Nifty News: Hyundai partners with Meta Kongz, Activision surveys on NFTs, and more
18.4.2022
Hyundai also gave cryptic clues to a possible Metaverse in line with its earlier concept for robots to bridge the real and virtual worlds to enhance mobility
ETH Mixer Tornado Cash Reveals Blocking OFAC Sanctioned Ethereum Addresses via Chainalysis Oracle Contract
16.4.2022
According to the project’s official Twitter account, Tornado Cash, the ethereum mixing service that allows participants to shuffle ether, is blocking flagged ethereum addresses listed on the Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals And Blocked Persons...
Brazilian Congress Aims to Pass Unified Crypto Framework in Coming Months
16.4.2022
The Brazilian Congress is trying to approve a cryptocurrency legal framework before the end of Q2. According to reports from local media, The proponents of the different law projects presented in the Senate and the Congress have stated they will seek the unification of the projects due to their...
Project: Pigeon Merges with ChainLink VRF
15.4.2022
Project: Pigeon announced integration with the popular oracle solution ChainLink. The deal was signed exclusively for the new Verifiable Randomness Function (VRF) developed by the oracle solution. The new addition will help do the Project: Pigeon ecosystem transparent and auditable while bringing...
Meta Opens Monetization Options to Users of Horizon Worlds
13.4.2022
Meta, the company formerly known as Facebook, is now launching a pilot project that will let users in Horizon Worlds, its VR metaverse platform, monetize their creations. This pilot will allow a number of users to collect payments for access to their created environments, or for virtual items sold...
Delivery App Rappi Launches Pilot Project to Accept Crypto Payments in Mexico
13.4.2022
Rappi, one of the biggest delivery companies in Latam, has launched a pilot project with the objective of accepting cryptocurrencies as a payment method. Users will be able to buy Rappi credits with cryptocurrency to spend later on various services offered by the app. This functionality will only...
‘Natural extension’: Sega's Super Game project looking to add NFTs
13.4.2022
“It is a natural extension for the future of gaming that it will expand to involve new areas such as cloud gaming and NFTs” said Sega producer Masayoshi Kikuchi
Financial Services Company DTCC Working With Digital Dollar Project on CBDC Prototype
12.4.2022
“Project Lithium” is particularly focused on how a central bank digital currency (CBDC) could benefit the financial services industry
Uniswap launches venture capital wing for Web3 investments
12.4.2022
The firm says it has already invested in 11 companies and Web3 protocols such as Aave, MakerDAO, LayerZero, and others, with plans to participate in the governance systems of some projects
DAO Maker Gears Up to Release Maradona D10S NFT, This April 2022
12.4.2022
PRESS RELEASE. GREENSBORO, April 11, 2022 — DAO Maker, a leading launchpad for cryptocurrency projects, is launching an NFT collection celebrating the late Argentinian football hero Diego Maradona this month. It is the first official Maradona-licensed NFT project and has the backing of...
Coinbase Is Creating a Film Trilogy Featuring Bore Ape Yacht Club NFT Characters
12.4.2022
The digital currency trading platform Coinbase is producing a three-part film series with the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC). The films will be crafted by Coinbase Entertainment and feature select BAYC NFT characters that will be crowdsourced from the Bored...
A New Super PAC Aims to Elect BTC Advocates and ‘Vote out Anti-Bitcoin Politicians Like Brad Sherman, Elizabeth Warren’
10.4.2022
On Friday, Grant McCarty, the director of policy and public affairs at Bitcoin Magazine, announced the launch of three political efforts aimed at bolstering bitcoin public policy at the Bitcoin 22 conference in Miami. McCarty revealed the Bitcoin Advocacy Project (BAP), the Bitcoin Policy Institute...
Terra’s Luna Foundation Scoops up 4,130 Bitcoin Worth $176 Million
10.4.2022
On Sunday, April 10, 2022, the Terra (LUNA) project and Luna Foundation Gaurd (LFG) acquired 4,130 bitcoin worth $176.1 million at the time of settlement. Using today’s bitcoin exchange rates, LFG now has a total of 39,897.98 bitcoin worth $1.7 billion. Luna Foundation Gaurd Obtains $176...
Shiba Inu Burn Rate Hits 26,000% in the Last Day, 1.4 Billion SHIB Destroyed in 24 Hours
9.4.2022
On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen a lot of tokens burned during the last 24 hours. According to statistics, the network’s burn rate has increased by 26,592% as 1.4 billion SHIB has been destroyed. Shiba Inu Burn Rate Increases Significantly...
South African Central Bank Governor: Regulators and Policymakers Must Be Involved in Shaping Potential Move to DLT Markets
9.4.2022
The head of the South African central bank has insisted that regulators and policymakers should be involved in directing any potential move to markets that are based on distributed ledger technology (DLT). Pondering the Implications of Innovation The governor of the South African Reserve Bank...
Cardano/IOHK Plans to Launch the Ethiopia Student Blockchain Project in ‘Next Two Months’
8.4.2022
A project the team behind Cardano (ADA) to equip students in Ethiopia with digital identities and credentials is moving forward, with a planned launch of the first phase set to happen “in the next two months.”
John O'Connor, Director of African Operation at Cardano development firm Input Output...
South Africa finishes technical PoC for wholesale CBDC settlement system
8.4.2022
The South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses to DLT and CBDCs
Greenidge's Seneca Lake Crypto Project Wins NY Supreme Court Ruling to Continue Operations
8.4.2022
Judge Daniel J. Doyle ruled Greenidge's project "would not impact the air or water of Seneca Lake," in dismissing a stop petition filed by The Sierra Club and the Seneca Lake Guardian