The Reserve Bank of India and the Central Bank of UAE have signed a memorandum of understanding (MOU) on collaboration and innovation in financial services, with a focus on central bank digital currency (CBDC) interoperability. The parties will develop a proof-of-concept and pilot program for a CBDC bridge to facilitate remittances and trade, which would … Continue reading RBI and Central Bank of UAE sign MOU on CBDC bridge
The Chief Executive Officer of the American investment firm BlackRock, Larry Fink, sent an annual letter to the board of directors in which he emphasized the possibilities of digital assets and tokenization for the asset management business. Fink made notice of the continued interest in these kinds of assets, notwithstanding the disaster that occurred with … Continue reading BlackRock CEO Highlights Digital Assets and Tokenization
A majority of members of the European Parliament voted in support of establishing a mandate for interinstitutional discussions to bring about a digital wallet that is applicable throughout the whole EU. The new European Digital Identification (eID) framework plans to develop what will be known as the European Digital Identity Wallet. This wallet will be … Continue reading EU Passes Vote for Digital Wallet
Scammers are targeting non-fungible token (NFT) users by promoting fake airdrop links to claim BLUR tokens on malicious websites. According to TrustCheck, scammers have stolen over $300,000 in Ether from unsuspecting users who linked their wallets to these fake websites. The BLUR platform is a newcomer to the NFT marketplace and has been gaining popularity … Continue reading Scammers Target NFT Users in BLUR Token Airdrop Scam
The United States District Court for the Southern District of New York has approved Binance.US’s acquisition of bankrupt brokerage company Voyager Digital, rejecting the US government’s motion to halt the deal. Judge Michael Wiles ruled that any delays in the acquisition would harm Voyager’s former clients who are waiting to return their funds. The court … Continue reading Court Approves Voyager Digital's Acquisition by Binance.US
A hacker responsible for a $196 million attack on Euler Finance has moved some of the stolen funds into the crypto mixer Tornado Cash, just hours after a $1 million bounty was launched to identify the perpetrator. The attack, carried out through a flash loan on the Ethereum noncustodial lending protocol, resulted in the theft … Continue reading Hacker moves stolen funds after bounty launch
The United States Securities and Exchange Commission (SEC) is now accepting applications for its Scholars Program for Fall 2023. The program offers internships for undergraduate and graduate students interested in business and legal programs. The traineeships are paid and range from $15.09 to $35.27 per hour. The SEC encourages students with an interest in blockchain, … Continue reading SEC Scholars Program Opens Applications for Fall 2023 Internship
Singapore, Singapore, 20th March, 2023, Chainwire DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, has announced the debut of the Euro-backed stablecoin Euro Coin (EUROC) on its native blockchain. DeFiChain is one of the first blockchains to fully integrate a Euro-backed stablecoin. On DeFiChain, … Continue reading DeFiChain Becomes One of the First Blockchains to Fully Integrate Euro Coin, a Euro-backed Stablecoin
In February 2023, the top six nonfungible token (NFT) marketplaces experienced a significant surge in NFT wash trading, with a total volume of $580 million, up 126% from the previous month. The six marketplaces included in the report were Magic Eden, OpenSea, Blur, X2Y2, CryptoPunks, and LooksRare. Of these, X2Y2, Blur, and LooksRare played the … Continue reading NFT Wash Trading Volume Surges to $580M Across Top Six Marketplaces
In recent news, Arbitrum, a layer-2 scaling solution for Ethereum, announced an airdrop of its ARB governance token, which has generated significant hype within the blockchain community. The airdrop is expected to reward eligible receivers with the token by March 23. The hype around the airdrop has helped another layer-2 scaling solution, zkSync, experience significant … Continue reading Arbitrum Airdrop Boosts zkSync Growth