India amasses 5M central bank digital currency users
India has taken a cautious approach to introducing a CBDC, while local authorities have also refused to regulate crypto transactions.
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World Economic Forum Teams Up With 100 Logistics Firms, 20 Gov’ts in New DLT Project
The World Economic Forum (WEF) has teamed up with over 100 global supply chain and logistics leaders to standardize blockchain apps in the industry, the organization announced on May 1.The WEF, a Switzerland-based organization whose motto is commitment to “improving the state of the world,” has announced a new project called “Redesigning Trust: Blockchain for…
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Bitcoin Price Falls Under $9.5K as Keiser Gives Ethereum $90 Target
Bitcoin (BTC) price fell below $9,500 on Aug. 29 as the largest cryptocurrency’s sudden bearish move continued to bite. Market visualization. Source: Coin360Bitcoin price must finish week above $9,533Data from Coin360 painted a gloomy picture for day traders Thursday, BTC/USD having lost 8% in the past 24 hours. The turbulence began late on Wednesday, Bitcoin markets shedding…
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Bug in Ethereum client leads to split — EVM-compatible chains at risk
“Stay away from doing [transactions] for a while till confirmed, unless you are sure you are submitting to latest Geth,” advised Andre Cronje. A major consensus bug has affected more than half the Ethereum network’s nodes, causing those running older versions of Geth to split from the main network.According to Ethereum software developer Marius van…
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Mythical Games raises $75M to speed up NFT gaming
The blockchain-based game developer is currently working on an open-world multiplayer game with playable NFTs. 1159 Total views 2 Total shares Los Angeles-based NFT games developer Mythical Games announced a $75 million Series B financing with new and existing investors. The company plans to use the fund to popularize ownership in games through playable nonfungible…
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Binance Futures delists coin-margined LUNA perpetual contracts
Binance suspended withdrawals for LUNA and UST amid the UST stablecoin losing its peg to the U.S. dollar on Tuesday. Amid collapsing Terra network’s cryptocurrencies Luna (LUNA) and TerraUSD (UST), crypto exchange Binance continues deactivating related trading services.Binance’s derivatives arm Binance Futures has delisted coin-margined LUNA perpetual contracts, the firm officially announced on May 12.“Users…
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$50M reportedly stolen from BSC-based Uranium Finance
Uranium Finance, an automated market maker platform on the Binance Smart Chain, has reported a security incident that resulted in a loss of about $50 million.Tweeting on Wednesday, Uranium revealed that the exploit targeted its v2.1 token migration event and that the team was in contact with the Binance security team to mitigate the situation.(1/2)‼️…
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Binance’s native stablecoin — Binance USD (BUSD) — was the third-largest stablecoin pegged to the United States dollar, minted by blockchain infrastructure platform, the Paxos Trust Company, through a transfer of technology agreement between the two firms. However, on Feb. 13, the New York Department of Financial Services ordered Paxos to stop minting any new BUSD…
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Does a stronger dollar mean Bitcoin price is destined to lose $30K?
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