Project Sela, a CBDC venture, combines private sector agility with central bank oversight. The introduction of “Access Enablers” promises heightened competition and reinforced security. In a cutting-edge collaboration, the Hong Kong Monetary Authority (HKMA), the Bank for International Settlements (BIS) Hong Kong Centre, and the Bank of Israel (BOI) have embarked on a pioneering journey to explore the potential of Central Bank Digital Currencies (CBDC). Dubbed “Project Sela,” this initiative aims to craft an advanced CBDC ecosystem that seamlessly integrates privacy, security, and decentrali ..read more

Binance’s Aid: $3 million BNB airdrop for Moroccan earthquake victims Donation: Global donation appeal for all those effected by the earthquake Binance, the leading global cryptocurrency exchange, has emerged as a beacon of hope with its sizable humanitarian initiative in the wake of the devastating earthquake that has left Morocco reeling from extensive devastation. Direct Aid for Binance Users In a rare show of solidarity, Binance Charity will donate $3 million in BNB (Binance Coin) to earthquake-stricken Moroccan users. Users with verified POAs before September 9, 2023, will receive $100 ..read more

India’s Finance Minister announces plans for global crypto framework during the G20 summit. PM Narendra Modi champions a synchronized worldwide approach to regulate cryptocurrencies at the B20 Summit India 2023. India’s Finance Minister Nirmala Sitharaman recently revealed the possibility of a centralized crypto regulatory framework during the G20 summit. Major international organizations like the IMF and FSB support the framework, which will be unveiled during India’s G20 presidency. Global Cryptocurrency Decision Looms Sitharaman refrained from delving into a debate on the future status of ..read more

Vitalik Buterin’s Twitter account was compromised by a suspicious phishing link. The recent surge in high-profile hacks targeting the cryptocurrency community. In an alarming turn of events, Vitalik Buterin, Ethereum’s co-founder, found his official Twitter account under siege. When a suspicious link popped up in one of his tweets, it immediately raised alarms, indicating a potential phishing attempt. Buterin’s Father Showed His Concern Dmitry Buterin, the father of the crypto pioneer, took to the social media platform on September 9 to alert the community about the unauthorized access to Vi ..read more

Brian Armstrong introduces a Web3 version of LinkedIn, leveraging NFTs for credential verification. Coinbase’s CEO envisions a global marketplace for crypto-centric job opportunities. Armstrong’s Visionary Proposals Brian Armstrong, the dynamic CEO of Coinbase, the renowned crypto exchange, recently brought forward a flurry of new ideas that are set to redefine the crypto landscape. Armstrong laid out ten innovative proposals on August 30, which have since garnered immense attention from the community. Immediately following this revelation, Armstrong was flooded with more than 150 project ap ..read more

Huobi gears up to introduce PayPal’s PYUSD stablecoin to its trading platform on September 7th. PayPal’s PYUSD stablecoin launch signals a potential shift towards mainstream stablecoin adoption. Huobi Embraces PYUSD Stablecoin In a recent announcement, Huobi, the global cryptocurrency exchange, shared plans to integrate the recently launched PYUSD stablecoin by PayPal. Trading enthusiasts will appreciate that Huobi will include the stablecoin in its digital offering from September 7th. As per the details, users can start making PYUSD deposits from 03:30 (UTC) today. Following this, spot trad ..read more

Despite the downturn, Solana’s recent collaborations, including a significant one with Visa, propel its value. While its price surges, Solana’s active user base hits a two-year low, signaling a potential area of focus. SOL’s partnership with Shopify could redefine USDC payments. While the cryptocurrency market faces turbulence, Solana (SOL) takes an unexpected upswing, becoming a point of focus in the crypto arena. With its recent alliances and strategic movements, SOL paints a distinct picture compared to its contemporaries. Solana’s Decline in Active Users Although the cryptocurrency chart ..read more

Despite the downturn, Solana’s recent collaborations, including a significant one with Visa, propel its value. While its price surges, Solana’s active user base hits a two-year low, signaling a potential area of focus. SOL’s partnership with Shopify could redefine USDC payments. Shiba Inu Developers Set Their Sights on Shibarium Growth In the rapidly evolving cryptocurrency world, the Shiba Inu stands out, not merely because of its meme origins but due to its robust developmental strides. The Shiba Inu development team has recently provided insights into their next steps for Shibarium, their ..read more

Despite the downturn, Solana’s recent collaborations, including a significant one with Visa, propel its value. While its price surges, Solana’s active user base hits a two-year low, signaling a potential area of focus. SOL’s partnership with Shopify could redefine USDC payments. Ministry of Education in El Salvador Ventures into Cryptocurrency Instruction El Salvador’s education system is gearing up to introduce a new subject: Bitcoin. By 2024, students might be discussing Satoshi Nakamoto alongside Shakespeare, thanks to a collaboration between the country’s Ministry of Education and the no ..read more

Tether’s hold on $72.5 billion in US Treasury bonds catapults it ahead of nations like Australia and Spain, ranking it 22nd globally. Amid China’s diminishing hold on US Treasury bonds, Tether amplifies its financial foothold, underlining its position as a stablecoin magnate. Tether, the stablecoin, holds $72.5 billion in US Treasury bonds. This impressive portfolio puts Tether ahead of the UAE, Mexico, Australia, and Spain in treasury holdings. The crypto giant’s rise to 22nd among global Treasury bond holders signals a financial and cryptocurrency paradigm shift. China Reduces US Treasury ..read more