Friday, February 23, 2024
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Crypto exchange Bullish acquires CoinDesk from Digital Currency Group

Bullish acquires CryptoX, planning substantial investment in its global expansion, and appoints the former Chief Editor from the Wall Street Journal as Editorial Committee Chair. Bullish, a rapidly expanding regulated crypto exchange led by CEO Tom Farley, has acquired CryptoX from Digital Currency Group. Tom Farley emphasized the strategic importance of

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Ripple to power Georgia’s central bank digital currency, the digital lari

The National Bank of Georgia (NBG) has selected blockchain payments network Ripple Labs as the official technology partner for developing digital lari, its central bank digital currency (CBDC) project.In a statement, Ripple said the partnership would include implementing and deploying the digital lari pilot initiative through the Ripple CBDC Platform. The

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SNB Working With SIX Stock Exchange, 6 Banks on Wholesale Central Bank Digital Currency Pilot

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a

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Brazilian banks gear up for the country’s new digital currency 

Brazil’s top financial institutions are preparing for the nationwide rollout of the central bank’s digital currency, Drex.  As Brazil’s central bank gears up for the introduction of its digital currency, Drex, leading financial institutions like Itau Unibanco, BTG Pactual and Santander Brasil are escalating their efforts. These major banks are increasing

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Central Bank Digital Currency, or e-HKD, Could Add Unique Value, but Further Investigation Is Needed, HKMA Says

The report said the pilot found that an e-HKD could add value in three main areas – programmability, tokenization and atomic settlement – with the potential to facilitate faster, more cost-efficient and more inclusive transactions. However, the program's 14 pilots with 16 participating firms were conducted on a small scale

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Japanese yen-backed digital currency, DCJPY, to go live in July 2024

On Oct. 12, digital currency and electronic payments firm DeCurret Holdings published a white paper on its cryptocurrency project, the “DCJPY.“ The organization intends to launch the coin in July 2024.According to the white paper, the DCJPY Network will consist of the Financial Zone and the Business Zone. The former will

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Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m

The astrology-themed NFT project Lucky Star Currency (LSC) has performed an exit scam for over $1 million, according to an October 9 report from blockchain security firm Certik. The project’s deployer account called the ‘withdrawToken’ function on both the NFTMerge and AdwardCenter contracts, removing over $1 million in LSC from

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