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0 CommentsThe UAE’s Central Bank (CBUAE) has announced the completion of “the world’s largest pilot” of central bank digital currency (CBDC) in collaboration with the central banks of four countries. Central banks from Thailand, Hong Kong, and China, with more than 20 commercial banks from these countries, took part in the pilot, recording over $21 million…
Breaking crypto news from the last week (Oct. 22 – 28, 2022): Oct. 22: OpenSea revises its NFT rarity ranking protocol OpenRarity, launched after community controversial feedback. Some community members argued that the new rarity ranking protocol disrupts the market-driven rarity structure for some NFT collections. Meanwhile, CoinShares launch its own experimental AI bot to…
Top investment deals across the crypto sector over the last week (Oct. 22–28, 2022): MakerDAO plans to move 1.1 billion USDC into Coinbase custody MakerDAO, the issuer of DAI stablecoin, is reportedly moving forward with a proposal to onboard an account to Coinbase prime and transfer about $1.1 billion (33% of its USDC) into custody….
Twitter will let users display NFT marketplace listings from some platforms, as well as let them buy and sell digital collectibles. The integration could come in handy in Elon Musk’s plan for Twitter to be sustainable. The social media platform announced on Oct. 27 that it will let users buy, sell, and display NFTs from…
Transnational payment giant Visa has filed several crypto-related trademark applications, including crypto auditing software, NFTs, the metaverse, and its own cryptocurrency wallet. The financial corporation seemingly intends to dive deeper into the crypto world, even though CEO Al Kelly recently questioned its utility. According to trademark attorney Mike Kondoudis, the applications indicate that Visa intends…
FTX plans to issue its own stablecoin at some point, CEO Sam Bankman-Fried said without providing further details. He also hinted at a potential acquisition of the crypto exchange Coinbase. Meanwhile, crypto exchange Huobi said it would delist the stablecoin HUSD. Crypto exchange FTX is reportedly working on creating a stablecoin. In an interview with…
