Swift to beta test CBDC interlinking solution with central banks

Swift says it will test CBDC interoperability alongside three central banks to explore further use cases. Interbank messaging company Swift has entered the second phase of its sandbox experiments with a central bank digital currency (CBDC) as “interest in interoperability… дальше »

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Superapp Grab, Stablecoin Issuer Circle to Start Web3 Wallets Trial in Singapore

The Grab Web3 Wallet will be available to users of the ride hailing, food delivery and digital payments app to use vouchers in non-fungible token (NFT) form and earn rewards. дальше »

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Alibaba launches its ChatGPT-like AI model for public use amid loosening restrictions in China

The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems.

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XRP Price Explosion Now In The Cards As Ripple Prepares for Institutional Use of XRP Following Fortress Buy

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Injective and Conflux Have Shown Over 400% Returns in 2023; Borroe.Finance Passes $900K Mark

Aside from the use cases, another thing that makes a crypto project come across as successful is how happy it makes investors. Injective Protocol (INJ) and Conflux (CFX) have seen over a 400% rise in price this year, as Borroe. дальше »

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Metamask Now Supports BTC, LTC, DOGE, and These Cryptos: Guide on How to Use It

Based on the extensive thread by TCB (@THORmaximalist), MetaMask’s new feature, Snaps, has just upped the game in decentralized finance (DeFi). Developed in collaboration with ShapeShift, MetaMask now supports a variety of cryptocurrencies besides Ethereum, including Bitcoin, Litecoin, Dogecoin, Cosmos, Bitcoin Cash, and Thorchain, with more to be added soon. дальше »

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Coinbase’s L2 Base Gets Undercollateralized Lending with Seamless Protocol

Seamless unveils undercollateralized borrowing on Coinbase's layer-2 Base, unlocking optimal capital use. дальше »

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Gary Gensler confirms SEC’s use of AI for financial surveillance

The chair’s comments came in response to a query from Sen. Catherine Cortez Masto during a Senate oversight hearing.

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BIS, Hong Kong, Israeli Central Bank join forces to launch retail CBDC

A collaborative initiative dubbed Project Sela sought to test and develop a central bank digital currency (CBDC) suited for mass retail use. дальше »

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‘Another Currency That Is Worth Absolutely Nothing’: Shiba Inu Trader Sees Through the Hype As Price Sinks

A Shiba Inu trader recently posted on Reddit about his experience with the coin. He said the cryptocurrency doesn’t have a real use or any solid updates. He warned people not to get too caught up in the hype and to stay realistic. дальше »

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Criminals Are Deterred From Using Cryptocurrency for Illicit Transactions: Europol

Europol's report reveals that criminals are deterred from using cryptocurrencies for money laundering due to successful law enforcement seizures, with illicit crypto use representing less than 1% of overall transactions. дальше »

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CFTC Commissioner Proposes National Fraud Registry to Mitigate Financial Crime Damage

Christy Goldsmith Romero has proposed a national fraud registry to modernize investor protection and ensure responsible use of AI, aligning with fellow CFTC Commissioner Caroline Pham's call for tighter controls on innovation. дальше »

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Trade Cardano on Kraken with ease!

Today's market is flooded with popular cryptocurrency exchanges, so choosing one can be confusing. Users want a platform that is renowned, easy to use, and secure, offers advanced trading options, andThe post Trade Cardano on Kraken with ease! appeared first on AMBCrypto. дальше »

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USDT vs Tradecurve Markets: Understanding the Future of Stablecoins

Stablecoins play a pivotal role in providing stability and addressing the notorious price volatility often associated with digital assets. USDT is perhaps the most well-known stablecoin, but it has faced many issues in the past, leading investors to use alternatives. дальше »

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Web3 investor Animoca Brands raises $20M to advance the Mocaverse project

CMCC Global led the fund round that saw Web3 investor Animoca Brands raising $20 million. The company will use the funds to advance the Mocaverse, a project for developing state-of-the-art tools for entertainment and gaming services. дальше »

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G20 nations reaffirm responsible use and development of AI technology

The G20 member nations recommended addressing existing concerns around data protection, biases, appropriate human oversight and ethics to ensure the responsible use and development of AI. дальше »

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The rise of CBDCs is inevitable but not risk-free | Opinion

To make CBDCs successful, global and local financial institutions need to invest in digital currency education, analyze various use cases, and create their digital currency strategy. дальше »

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FBI links crypto betting platform's theft to North Korea

FBI stated that it would continue to “expose and combat” the North Korean regime's criminal use of cryptos. Big names in the crypto industry expressed concerns on the growing number of inciThe post FBI links crypto betting platform's theft to North Korea appeared first on AMBCrypto. дальше »

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G20 calls for ‘swift’ creation of crypto tax reporting rules and info exchange

G20 leaders are moving rapidly toward a Crypto Asset Reporting Framework, according to a report from The Times of India on Sept. 9. That framework would see G20 member countries collect and share information about the use of cryptocurrency and digital assets. дальше »

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Bitcoin miners cash in as network fees surge by 38%

The transaction fees paid to use the Bitcoin network increased by double digits. This has been due to a spike in daily inscriptions on the network. Bitcoin's [BTC] network fees climbed by 38The post Bitcoin miners cash in as network fees surge by 38% appeared first on AMBCrypto. дальше »

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Fed Official Cautious About Unregulated Stablecoins Like USDC, USDT

Michael Barr, a high-ranking official at the US Federal Reserve, expressed concern over the growing use of “unregulated” stablecoins pegged to the dollar. Many popular stablecoins are designed to mirror the value of the USD. дальше »

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BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined

Binance CEO Changpeng Zhao says DeFi will outpace CeFi in the next bull run, but the Bank for International Settlements is skeptical. дальше »

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JPMorgan reportedly considers a payment token as Shiba Memu raises $2.58 million

JPMorgan is said to be launching a blockchain-powered token to revolutionise its global payments. Shiba Memu takes on meme tokens with an AI application amid the hunt for new crypto use cases. Shiba Memu could increase by up to 50x, given the historic price moves of meme cryptocurrencies. дальше »

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AI usage on social media has potential to impact voter sentiment

The U.S. presidential election is nearing, and with it comes the use of tech like AI on social media platforms to manipulate voter sentiment. дальше »

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‘Pure’ DeFi has little chance for real-world use because of need for oracles: BIS

According to the BIS researchers, a centralized oracle based on trust is the only option for DeFi, and variations of that model do exist. дальше »

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Cardano Announces Warp Transactions, ADA Remains Stuck In Ranging Market

Strica, a company working on solutions and use cases for the Cardano blockchain, unveiled a new feature for the smart contract platform via their wallet, Warp Transactions.   According to an official press release, described as a “game changer for token transfers,” Warp Transactions were created to ease the burden of transaction fees paid when sending assets on this network. дальше »

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Tencent unveils ChatGPT rival in China amid continuing US AI chip ban

Despite heavy government regulations and ongoing struggles with hardware sourcing, Tencent’s large language model has been released for business use in China. дальше »

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Tokenization Advocacy Group Wants to Bring the 'Next Trillion' of Assets to Blockchain

Founding members such as Coinbase, Circle and Aave Companies aim to foster the use of blockchain technology for traditional assets. дальше »

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Does Ethereum’s utility make it better than Bitcoin?

Ethereum's numerous use cases may have made it a better project than Bitcoin, according to a market player. Regardless, activity on the Bitcoin network outshone Ethereum. The debate about whThe post Does Ethereum’s utility make it better than Bitcoin? appeared first on AMBCrypto. дальше »

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New Thailand Govt Turns to Blockchain and Crypto Wallets for National Airdrop 

Thailand's new government plans to use blockchain and crypto wallets to distribute a cash handout of around $280 to citizens in a bid to stimulate the economy and promote digital finance. The post New Thailand Govt Turns to Blockchain and Crypto Wallets for National Airdrop  appeared first on BeInCrypto. дальше »

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FASB Says Crypto Assets Should Be Marked at Current Values

The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for in the markets, according to the Financial Accounting Standards Board (FASB). дальше »

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Japan’s SBI Group partners with Ripple, but XRP price remains unaffected

Japan-based financial services company SBI Group has partnered with Ripple to use XRP to expand its international payment remittances to bank accounts in the Philippines, Vietnam, and Indonesia. In a Sept. дальше »

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Microsoft Unveils AI Tools to Improve Computational Efficiency and Memory Use

Microsoft Research has developed a set of four AI compilers aimed at radically improving computational efficiency, memory usage, and control flow in AI models, potentially reshaping AI compilation. дальше »

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SBI expands Ripple remittance tech to banks in Vietnam, Indonesia, Philippines

SBI Remit will use XRP as a bridge currency to enable faster and more cost-effective remittances to several Southeast Asian countries. дальше »

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Circle recommends EU crypto guidelines to be MiCA-centred

Circle recommended that the regulator use the MiCA-defined term “crypto-asset service provider” instead of “providers of services in the crypto-assets ecosystem.” The USDC issuer also sThe post Circle recommends EU crypto guidelines to be MiCA-centred appeared first on AMBCrypto. дальше »

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Sam Bankman-Fried's Laptop Has a New Battery Now, DOJ Says

Prosecutors filed a letter Tuesday detailing the amount of access FTX founder Sam Bankman-Fried has to materials he may use in his defense. дальше »

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Regulated Liability Network identifies proof-of-concept use case with digital pound

The RLN, which places tokenized assets and liabilities on the same ledger, was tested with simulated cross-border CBDC transactions in a previous project. дальше »

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Swing trading in crypto: what it is, how it works, tips, and strategies

This article looks at swing trading in crypto. It discusses tips, strategies, and how traders can use this technique дальше »

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Visa Taps Solana and USDC Stablecoin to Boost Cross-Border Payments

The company said it is one of the first major payment institutions to use directly the Solana network for settlements. дальше »

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Shibarium Crashed SHIB But Massively Lifted Top Utility Token, QUBE

The much-anticipated Shibarium, an Ethereum layer-2 blockchain developed by Shiba Inu developers, failed to meet expectations after its initial launch. This was meant to be Shiba Inu’s transition from a meme to a blockchain-based project with several use cases. дальше »

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Making real-world blockchain solutions possible — Solana co-founder Raj Gokal

Web3 has had its ups and downs over the last few years, but does it have any real-world use cases?

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Steve Cohen’s Point72 Ventures Leads $15M Fundraising in Swiss Fintech GenTwo

The firm plans to use the funding to grow internationally and develop the company’s financial engineering platform. дальше »

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Cardano Djed Stablecoin Receives Big Code Upgrade: Details

Upgrade aims to incentivize more users to use protocol дальше »

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Western Union Exploring XRPL Use Cases: Details

XRPL might hit new breakthrough with Western Union дальше »

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Bitcoin's Use as Margin Collateral in Crypto Futures Trading Is Growing

Using BTC as collateral for a derivative is effectively a double whammy, according to analysts. дальше »

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Colorado Now Accepts Crypto for Driver’s License and Vehicle Registration Renewals

Colorado residents can now use cryptocurrency to pay for online renewals of driver licenses and vehicle registrations. Payments will be processed through PayPal, with a service fee of $1 plus 1. 83%. дальше »

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Mysterious Shiba Inu Whales Moving Trillions Of SHIB As Activity On Shibarium Blows Up Heavily

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MKR reacts as Vitalik Buterin sells his Maker holdings

Ethereum co-founder Vitalik Buterin's significant MKR token sale raised questions about market sentiment. Rune Christensen's proposal to use Solana's codebase for MakerDAO's NewChain marked a pThe post MKR reacts as Vitalik Buterin sells his Maker holdings appeared first on AMBCrypto. дальше »

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MakerDAO Should Use Solana’s Code to Build Its New Blockchain, Co-Founder Says

Some community members have already pushed back against the idea. дальше »

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Hong Kong’s first licensed crypto exchange HashKey launches fund

HashKey Capital, the first licensed crypto exchange in Hong Kong, has announced the launch of a new secondary market crypto fund. The fund will use a significant portion of its assets to invest in the cryptocurrency industry, targeting different cryptocurrencies.… дальше »

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