Sat, December 6

AliPay Integrates Digital Yuan For Instant Payments Boosting Adoption

AliPay has integrated the Digital Yuan to enable instant payments across all of Alibaba Group Holding’s e-commerce platforms, including Taobao and Tmall, in an effort to promote China’s digital currency, e-CNY. The Ant Group operates AliPay, the dominant digital payment system in China. Tuesday, December 13th was the formal announcement

December 13, 2022 1 min read

Chinese Officials Unearth $1.7B Money Laundering in Crypto

Chinese police in the Mongolian city of Tonglio have reported the arrest of 63 persons. For their role in a $1.7 billion cryptocurrency money laundering scheme that used the Tether stablecoin. According to the official statement released by law enforcement. The probe was initiated when a local bank saw a

December 13, 2022 1 min read

Tron’s Native Stablecoin USDD Depegs, Now Trading at $0.97

Early on Monday, Justin Sun said on Twitter that he had swapped over $773,000 worth of Tron’s native stablecoin USDD. Sun said that he has converted over $200,000 worth of USDC. And $570,000 worth of USDT to the stable currency USDD. Although it is supposed to be pegged to the

December 12, 2022 1 min read

Bank of England Seeks Proof of Concept Wallet For CBDC

Proof-of-concept for a wallet that may store a Central Bank Digital Currency (CBDC) is being sought by the Bank of England (BOE). The Bank of England (BOE) advertised a call for proposals on the Digital Marketplace. A platform for government agencies to offer digital project work, on the 9th of

December 12, 2022 2 mins read

Crucial Week For Terra Classic as Proposal 11030 Under Voting

The Terra Rebels’ official Proposal 11030 for Terra Classic has been submitted to the community for a vote. The plan will allow Terra Rebels to withdraw 937,500,000 LUNC tokens from the community pool, at a value of $150,000, to use in the creation of Rebel Station. Moreover, the LUNC group

December 9, 2022 1 min read

Tether Launching New Stablecoin on Tron Ecosystem

Tether, the major blockchain-enabled platform, has announced the release of an offshore Chinese Yuan (CNH) to the Tron blockchain. Bitfinex will be the first exchange to allow the user to deposit and withdraw CNH. Which is utilizing the Tron blockchain transport layer from the platform when it launches. #Tether Launches

December 7, 2022 2 mins read

Dogecoin (DOGE) Continues to Plunge! A Sign of Bearish Future

Dogecoin (DOGE) is a popular memecoin with a large user base holding a wide investors community. The main pillar for the coin to emerge and grow in the market is Elon Musk who is known as “Father of DOGE”. In the past few months, Dogecoin continues to plummet marking a

December 6, 2022 2 mins read

Axie Infinity (AXS) Price Rallies 33% In a Week, Will It Continue?

AXS, the governance token of the Ethereum-based P2E NFT game platform, Axie Infinity, is continuously witnessing a significant price surge in the global crypto market. According to statistics provided by CoinGecko, Axie Infinity (AXS) has attained a sudden price rise of 33.1% over the past week. At the time of

December 6, 2022 2 mins read

Indonesia’s Upcoming CBDC Can Be Used in Metaverse

Beginning with domestic bank-to-bank transactions, Indonesia is advancing its “Project Garuda” plans for a central bank digital currency (CBDC) called Digital Rupiah. The official introduction of the Digital Rupiah design happened last week by the Bank of Indonesia. In the meanwhile, other large economies like India have been trying out

December 6, 2022 2 mins read

Cardano’s Founding Member Launches New Social Platform

EMURGO, a founding member Cardano (ADA), has just announced the establishment of a new social media network named the Cardano Spot. To bring together in one place all of the Cardano supporters, admirers, and token holders spread out around the world. Cardano Spot is a user-generated, interactive platform intended to

December 5, 2022 1 min read
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