Canada's First Legally-Delivered USD Stablecoin Launched by Blockchain Venture Capital - cyptoranking.com

2024-04-29

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China Daily Newspaper Mulls Metaverse and NFT Marketplace Launch - Here's The Latest Especially in an online or virtual environment, having a payment method that is secure, traceable, and transparent will be an integral part of how this space will evolve going forward. Canada's First Legally-Delivered USD Stablecoin Launched by Blockchain Venture CapitalRead more: The race begins: How ETH futures ETFs fared on day 1 Digital asset investment products experienced inflows for the first time in six weeks from Sept. 22 to 28, according to the latest Digital Asset Fund Flows Weekly Report from European digital assets management firm CoinShares.Bitcoin (BTC)-related investment products were the biggest gainers, with inflows in the amount of $20.4 million for the week. Good week, everyone. Here are the latest #FundFlows and observations by CoinShares Head of Research @JButterfill. This week inflows: US$21m (after 6 weeks of outflows) We believe these inflows are a reaction to a combination of positive price momentum, fears over US… pic.twitter.com/0VHHBh1n50— CoinShares (@CoinSharesCo) October 2, 2023

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The Role of Cryptocurrencies in Conflict Zones Chief Judge Michael Kaplan of the U.S. Bankruptcy Court in the District of New Jersey set up a mediation window for the two companies’ lawyers to work out a settlement in January, mostly over 3AC’s “preferential payments” to BlockFi. A timeline of cryptocurrency exchange FTX's historic collapseThe next month saw a decrease of roughly 191,240 users, leaving about 766,804 monthly users in July 2022. Since February 2023, Axie hasn’t surpassed the 400,000 mark nor dipped below 340,000, according to activeplayer.io figures. With an expansive distribution network that reaches over 600,000,000 households worldwide, the show has already captured the attention of viewers through its initial episodes on DistroTV and BeSpokeTV. However, the grand spectacle is yet to unfold, as the show is set to launch on October 2nd, featuring major distribution on platforms like PrimeVideo, DirectTV, InsightTV, and more, spanning 52 countries and available in 12 languages. The competition is fierce, with 16 teams competing for the coveted title and a grand prize of $150,000. But, in the crypto world, only one can emerge as “The Next Crypto Gem.”

In a recent development, Changpeng Zhao, the CEO of cryptocurrency exchange Binance, issued a stern warning to users about the rise in scam attempts targeting the Binance community. The warning comes after a customer shared a troubling experience, revealing that scammers attempted to exploit their personal information under the guise of being from Binance’s compliance team. Meanwhile, Uphold laid out specific eligibility criteria for the October XRP Sweepstakes. The exchange noted that the offer is open to all persons who are residents of the United States. However, New York and Florida residents cannot participate in the promo. Dogecoin to Pakistani Rupee on August 29, 2022Following this switch, in the current draft of the proposal ATOM will be the only governance token for Stride protocol, and all Stride rewards — $700,000 annualized — will be reallocated to ATOM stakers, according to Talasani. The Deloitte survey found 60% of fans likely to buy a fan token if a chance for free premium seats were offered.

The weekly timeframe technical analysis suggests that the increase could be the beginning of a long-term bullish trend reversal. Source: amazing studio/AdobeChinese officials say uptake for the digital yuan is rising among overseas visitors – while more citizens are receiving their salaries in CBDC wallets.Per the Hangzhou Daily, state-run banks in the Hangzhou Asian Games Village “welcomed delegations [athletes and coaches]” from across Asia at special digital yuan “demonstration” booths.The overseas “delegations” were shown how to use the digital yuan to “make purchases” at various stores in and around the Asian Games Village.Athletes and others were able to “experience the safety and convenience” of the coin “first-hand” at the games, which concluded on October 8.The event was the first major international showcase for the coin.And China marked the event by releasing a slew of new CBDC features aimed at foreign visitors.These include an English-language version of the central bank’s digital yuan app and a link to Hong Kong’s FPS payment platform.An excerpt from the Chinese central bank’s CBDC usage guide for foreign travelers. (Source: PBoC/Yicai/Screenshot)State-run banks, meanwhile, have begun promoting the coin to international students at Chinese universities.Per Xinhua (via the China Economic Daily), visitors to China can now “register and open a digital yuan wallet with an overseas mobile phone number.”They can also top up their wallets with overseas Visa and MasterCard bank cards.And non-Chinese residents can also use QR codes from Alipay and UnionPay to make payments in Mainland China “through some overseas wallets.”An Industrial and Commercial Bank of China spokesperson said:“Previously, foreigners coming to China could only ‘pay-as-they-go’ when using digital yuan wallets. But new functions let them ‘top up first, and use later.’ This will make the payment process shorter and make for simpler and more friction-free transactions.”But it appears that the CBDC is not the only Chinese payment system to have benefited from the games.The same media outlet quoted Alipay data as showing that “since the start of the Asian Games, the average number of daily payments made by inbound tourists on Alipay increased by 69%.”Dong Ximiao, the Chief Researcher at the China Merchants Union, stated:“Convenient and novel forms of cross-border payment can optimize the payment experience for overseas tourists coming to China. This will further drive the Chinese retail market.”A Weibo user shares a promotional image explaining how JD.com users can receive CBDC-related discounts. (Source: (年少轻狂最情深661/Weibo)Overseas Visitors’ Digital Yuan ‘Uptake Rising’ – and More Chinese Now Paid in CBDCMeanwhile, more Chinese state-operated firms are now paying their staff in digital yuan tokens.Last month, the state-run bureau that runs financial operations at the Zhongkai High-tech Industrial Development Zone in Huizhou, Guangdong Province, said it would begin paying its staff using the CBDC.And the Huizhou Daily reported that the bureau has now successfully carried out its plan.The media outlet reported that the bureau “paid digital yuan wages to 1,211 [Community Party-appointed officials] and employees in 25 district-level agencies and public institutions.”The move marks the first time workers in the province have received the entirety of their salaries in CBDC tokens.City officials claimed that 649,000 personal digital yuan wallets have been opened in Huizhou thus far.Some 55,000 corporate wallets have also been opened in the city.Earlier this year, the city of Changshu, in Jiangsu Province, said that “all public officials and employees of state-owned enterprises” would be paid in digital yuan starting in May 2023.Biggest Crypto Gainers Today on DEXTools – VS, OPOE, QLINDO OKX's third PoR shows $7.5 billion in BTC, ETH, and USDTRecently, Binance unveiled a program that enables holders to exchange their points for exclusive meet-and-greet opportunities with their favorite athletes. Ultimately, SAGE Labs transactions alone made up about 15% of all activity on the Solana network on October 8. But while SAGE Labs’ transaction tally may indicate a sizable player pool, digging into the data suggests otherwise.

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