Bank of Korea Launches Pilot Program for its CBDC. A total of $4.4 million allocated for the trial. Deciding about an offer for the pilot program is expected from Samsung. The Bank of Korea launches a Pilot program for its central bank digital currency (CBDC). But issuing it is a
The major IT company Globant reveals its purchase of $500,000 worth Bitcoin during the first quarter of 2021. An official announcement was released today morning. Globant, an IT and software development firm, becomes the latest institutional investor of Bitcoin. The purchase of the crypto asset is worth $500K BTC in
BSCPad, the first decentralized IDO platform, TRON, largest blockchain-based operating system in the world, announced a smart partnership for the great launch of “TRONPAD.” TRON launches decentralized tokensales platform TRON‘s official release conveys the launch of its own platform for decentralized tokensales, “TRONPAD”. The first-ever platform for initial DEX offerings.
BSC’s DeFi experienced a flash loan exploit for the second time in a week. A new attack drained $3 million from DeFi platform Bogged Finance. PancakeBunny suffered following a $200M major exploit. Binance Smart Chain decentralized finance ecosystem experienced a flash loan exploit for the second time in a week
The Iranian Government announces to plug-out the power for cryptocurrency miners due to over consumption of power. Illegal crypto mining affects the licensed digital currency miners. Unauthorized Crypto Miners consumes more power Iran worries about crypto mining centers consuming more power. This results in the shortage of electricity faced by
Brooklyn Nets will allow their fans to buy tickets using digital assets in future. The CEO of Brooklyn Nets has not disclosed the name of crypto exchange. Several sports teams are embracing crypto space. The NBA’s Brooklyn Nets, a professional basketball team, makes its big step into the crypto market
Cryptocurrency reaches its highest level of search volume in Google trends. The search interest peaked during the week of May 9th- May 15th, due to the fluctuations of bitcoin value. Google Trends tweeted a report showing that cryptocurrency holds more search quantity in recent times and reaches its all-time high
Bragg affirms Australia to develop comprehensive crypto regulations. Andrew Bragg appeared on the news channel, Sky News Bragg said everything is open to market manipulation. Andrew Bragg, an Australian senator affirms regulators to develop clear and comprehensive crypto regulations, to encourage crypto innovation and ensure global competitiveness Australia must introduce
XinFin Network partnered with booking platform Travala.com. The partnership allows XDC holders to book over 2.2M hotels and homes. Over 600 airlines, and more than 40k activities in over 230 countries. XDC holds 100th place on CoinMarketCap. On May 20, 2021, a global open-source hybrid blockchain platform XinFin partnered with
BSC PancakeBunny suffers a flash loan exploit. Due to the attack BUNNY value reduced to Zero Binance loss greater than $40 million in a significant attack. PancakeBunny, the most popular Binance Smart Chain (BSC)-based decentralized finance (DeFi) protocol. It has suffered a major exploit that allowed hackers to make off
