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2024-05-12

Popular crypto exchanges(2023 Update) 2024-05-12
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Source: Vladimir/AdobeMore Russian banks will join the digital ruble pilot, with Center-invest Bank, which mainly operates in the nation’s south, set to trial the CBDC next year.Per Rostov Gazeta, Center-invest Bank has “signed a digital ruble [partnership] agreement with the [CBDC’s] operator, the Central Bank.”The move will see the Rostov-on-Don-based bank join a “second group of banks” that will let clients use the coin in real-world scenarios.Rostov-on-Don, Russia. (Source: Alexxx1979 [CC BY-SA 4.0])This group, the media outlet wrote, is now “preparing systems and protocols” to “test operations with the digital ruble.”A “first batch” of Russian banks, including heavyweights like VTB, began piloting the coin with 600 of their clients and employees in 11 cities nationwide in August.Since then, the Moscow Metro has begun accepting digital ruble payments.The “first batch” of 13 banks also includes the likes of Rosbank.But – crucially – the Cental Bank was dealt a blow when Sberbank pulled out just prior to the CBDC pilot launch.Sberbank is arguably Russia’s biggest bank, and its parent company is one of the nation’s most powerful and lucrative firms.There are currently no indications that Sberbank will request to join the second group of banks, with the financial institution remaining tight-lipped about its CBDC intentions.Russian Digital Ruble: New Influx of Banks to Join PilotThe Center-Bank move is significant due to the bank’s nature.A branch of the Russian bank Center-Bank in Volgograd, Russia. (Source: Redboston [CC BY-SA 4.0])While Center-Bank is not strictly a regional bank, it is headquartered outside the Russian capital.The financial institution caters mostly to Southern Russian customers and firms.This could be an indication that Russia may look to follow the Chinese CBDC playbook.In China, larger state-run banks were the first to join the digital yuan pilot, followed at a later date by regional banks.The identity of the rest of the second batch of banks is still yet to be officially confirmed.But the Central Bank has previously confirmed that this second group will join the pilot sometime in 2024, and will be comprised of 16 banks.A senior Center-Bank executive stated:“The introduction of a [Russian] digital currency is a qualitative shift in the field of global payments. By taking part in the digital ruble pilot, we will get the opportunity to be one of the first banks to experience all the advantages of using digital currencies.”The executive added:“[Joining the pilot] will help us [improve] our future payment infrastructure and offer our clients new products and services.”The bank was founded in 1992 by a group of then-recently privatized Southern Russian companies.Sam Bankman-Fried Wrote a Draft Twitter Thread For Alameda Closure Two Months Before FTX Collapse Cryptocurrency is also one such category where many words or phrases are used to express the crypto stories. Some of the crypto slang words are also applicable outside the crypto context. How to Buy Ethereum and Best Exchange RatingsBinance told Cointelegraph that it “remained committed” to collaborating with the committee and local law enforcement in Brazil. High Scam Potential: Scammers would abuse its advantage due to low transaction costs. This makes it more lucrative for scammers.

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However, one could say the same about the modern Internet, which mirrors DeFi’s evolutionary trajectory from both a developmental and regulatory perspective. 🔹 16,000,000+ Solana transactions🔹 15% of daily @solana transactions 🤯🔹 2,000,000+ DAILY transactions🔹 8,577 profiles created🔹 37,640 fleets created trade cryptocurrenciesIt is popularly believed that non-interactive proofs opened the doors to a new world of innovative technologies. Here’s what happened in crypto today

Table of Content Since the beginning of the war that started on Saturday, over 800 Israelis have died and more than 2,600 people are wounded, with over 100 people kidnapped into Gaza.Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens 18 Crypto Trading Platforms to Know“In the short term, what we are seeing is that clubs are further embracing the tool as they become more familiar with its nature and understand its potential, integrating it as part of their membership [or] loyalty offering and adding many more benefits to it,” Newman said. Yet, there’s a silver lining. The BRC20 token market has experienced a modest uptick of about 3% this week, reaching a value of $180.31 million. However, the lot of BRC20s today have lost 0.6% in 24 hours. The ORDI token boasts the most substantial market cap at $71 million, followed by DFUK at $46 million, and MOON securing the third spot with $23 million. But it’s worth noting that ORDI has plummeted by 87.81% from its peak on May 08, 2023, while MOON has dipped by 71.20%. Over the last day, BRC20 tokens have seen approximately $9.2 million in global trading activity.

Read More: Ripple (XRP) Price PredictionPaul Tudor Jones concerned U.S. is in 'untenable fiscal position' as it faces greatest challenges since WWII BlackRock CEO Says ‘Next Generation for Markets’ Is Tokenization Digital Currency News by CointelegraphBoston, USA — Vechain, a prominent L1 public blockchain, has unveiled the winners of its sustainability-themed hackathon, a 36-hour marathon hosted at Harvard University in partnership with Web3 educational app, EasyA, and global consulting firm, Boston Consulting Group (BCG). — Vechain Track Winner: Movelo, creators of a "move-to-earn" application that allows companies to sponsor and reward users for sustainable transportation choices such as walking, biking, or ride-sharing. BCG Track Winner: FiTag, developers of a luxury fashion tracking iOS app promoting supply chain transparency through blockchain and NFC tags, digital twins, loyalty-program NFTs, and AR shopping. 'Shark Tank' Pitchathon Track Winner: PropelPixel, the brains behind an eco-friendly travel solution incentivizing ride-sharing and sustainable travel through a bespoke metaverse environment powered by NFTs. These visionary projects collectively earned a share of $46,000 in prize money, with additional funding opportunities announced at the event. Movelo, built on VechainThor, the sustainable public network by Vechain, uses blockchain to verify distances traveled through walking or cycling, calculates carbon offsets, and directly rewards individuals based on carbon emissions saved. It gamifies the experience with NFTs and leaderboards, offering companies a new way to incentivize sustainable travel options for their employees. FiTag, the winner in BCG's track, is a luxury fashion tracking app ensuring brand supply chain transparency through Vechain's blockchain. Utilizing NFC tags, FiTag provides transparency from sourcing to sale, complies with sustainability regulations, and promotes a circular economy through a rental model. NFTs guarantee product authenticity and digital ownership. Sunny Lu, CEO of Vechain, emphasized the role of Web3 technologies in sustainable development. He noted that developers are crafting sustainable dApp ecosystems, leveraging tokenization and gamification to drive positive change. The Pitchathon category winner, PropelPixel, offers a platform where users share eco-friendly travel experiences, earning tokens and NFTs for documenting their journeys. It redefines carpooling, ridesharing, and public transportation with a secure platform for sharing experiences. A panel of industry experts judged the projects, assessing their ability to address sustainability applications, particularly 'X'-to-Earn sustainability solutions. “Over the weekend, we saw the development of truly innovative blockchain solutions for enterprises, and we now have the opportunity to see these winners enter the sector and reshape the way entities within it operate." Bernhard Kronfellner, Partner at BCG "The event further demonstrates how building on sustainable infrastructure like vechain’s network can make sustainability a by-product of business solutions, meaning companies can both streamline their processes and strengthen their carbon neutrality efforts all at once,” commented Bernhard Kronfellner, Partner and co-lead of the digital asset and blockchain group at BCG. The hackathon marked the conclusion of Vechain's #60daysofvechain event, attracting over 10,000 candidates and gathering 200 top developers from companies like Google, Meta, and Coinbase, as well as prestigious institutions including Harvard, MIT, Princeton, Yale, Wharton, and Stanford. — About Vechain Vechain, headquartered in San Marino, Europe, is the curator of VechainThor, a leading smart contract platform advancing the real-world adoption of blockchain technology. VechainThor's capabilities include trustless data, smart contracts, and IoT technologies, enabling solutions across various fields with a focus on sustainability and digital transformation at a global scale. About EasyA Founded by former Cambridge University and Wharton School alumni, Phil and Dom Kwok, EasyA is a leading Web3 learning app with a large developer community. It partners with over 250 blockchain clubs worldwide and ranks as one of the top apps on the App Store, receiving Apple's App of the Day award.Bitkeep unveils new partnership with Sunflower Land 3Commas users affected by the API leak called for refunds and an apology for being gaslighted.


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