Israel launches digital shekel CBDC experiment for payments
The Bank of Israel launched the CBDC experiment taking inspiration from the Project Rosalind carried out by the BIS Innovation Hub.
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Hong Kong-based peer-to-peer (P2P) cryptocurrency exchange BitMEX has reported an influx of attacks on user account credentials, according to an official blog post on June 11.In addition to covering a litany of best practices for user security, the cryptocurrency exchange stressed the importance of using two-factor authentication (2FA) in particular. The report summarizes 2FA as…

Breaking: Polygon blockchain reportedly suffers network outage
The blockchain has not produced any new blocks or processed transactions for at least an hour and 40 minutes, leading some to believe its currently suffering an outage. Own this piece of history Collect this article as an NFTLayer-2 scaling solution Polygon (MATIC) has not processed a block in over an hour and a half,…

China’s blockchain service network announces Cosmos integration
Cosmos becomes the first public blockchain to be added to the China-only version of the Blockchain-based Service Network. 974 Total views 7 Total shares Tweeting on Monday, the Blockchain-based Service Network — China’s blockchain infrastructure project — announced that it had adapted Cosmos (ATOM) to its Chinese network. The Chinese BSN, unlike the international version,…

Easy-to-use DeFi protocols will become the new gatekeepers to crypto
It has arguably never been easier to participate in the crypto ecosystem. After centralized exchange powerhouse Coinbase recently began allowing its users to deposit part of their fiat paychecks into the exchange in the form of crypto, more people are beginning to realize the potential of the industry and participate in this ever-growing ecosystem. But, crypto…

Top 5 Crypto Performers: BTC, XEM, BSV, ETH, BNB
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Meta bans usage of generative AI ad creation tools for political advertisers
Meta updated its help center with a note explaining that political advertisers are prohibited from using its new generative AI ad campaign creation tools. 307 Total views 7 Total shares Meta, the parent company of Facebook and Instagram, is not allowing political campaigns and advertisers to use its generative artificial intelligence (AI) advertising tools, a

Don’t be delusional: Decentralization doesn’t compensate for regulation
DeFi needs regulation to build trust, attract institutional investment, and ensure long-term viability despite its decentralized nature.