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Cryptocurrency-friendly bank DBS is cooperating with mainland China on the development of a new payment solution for the digital yuan, also known as e-CNY.DBS Bank China officially announced on July 5 the launch of the e-CNY merchant solution, allowing mainland businesses to receive payments in the central bank digital currency
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The dream of a completely secure, unhackable, absolutely private digital payment system could soon be realized thanks to new research out of the University of Vienna. In a paper published on July 4 titled “Demonstration of quantum-digital payments,” a team of researchers at the Vienna Center for Quantum Science and
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Jinan, the capital of Shandong Province in eastern China, has taken a proactive stance in promoting the use of China’s central bank digital currency (CBDC) by initiating digital yuan payments on all of its bus routes. Initially,
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New York-based law firm McDermott Will & Emery filed for compensation of $5.1 million from the creditors of bankrupt crypto brokerage firm Voyager Digital. The bill is for legal services offered between March 1 and May 13, 2023.In a July 3 court filing, the law firm billed the legal fees
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What: Generative artist Vera Molnár, who is credited by many scholars as the first female digital artist, is releasing her first-and-only on-chain generative art project through art auction house Sotheby’s. Her work, which began integrating computer art in the 1960s, is regularly cited as an influence for modern generative artists
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Applied Digital will be deploying HPE's Cray XD supercomputers in its AI cloud service. Source
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You see, unlike Olejnik, I think CBCDs, if done right, could bring real economic value. I see the smart contract capabilities enabled by true peer-to-peer monetary settlement bringing new, society-wide efficiencies that bank-intermediated IOU money simply cannot. I continue to prefer a private sector-led stablecoin model and believe bitcoin and
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Lightspark CEO David Marcus recently expressed concerns about the United States falling behind in digital asset development, further intensifying discussions on global cryptocurrency competitiveness. In a recent statement, David Marcus, CEO of Lightspark and former PayPal president,
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“We’re thrilled to bring together two teams that have been market leaders in innovation and fan engagement,” Lawin told CoinDesk. “Palm NFT Studio shares Candy’s excitement about the role that digital assets will play as the connective tissue between fans, brands and content in Web3, and we’re looking forward to
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On June 28, the European Commission unveiled its proposed legislative plan for a digital euro, with the intention of establishing it as a widely embraced and readily available payment method. The announcement emphasized the importance of enabling
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