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

The Regulated Liability Network (RLN) has completed its United Kingdom discovery phase and is prepared to proceed to a use case with a retail central bank digital currency (CBDC), according to its latest report. The RLN project seeks to accommodate central bank, commercial bank and regulated non-bank transactions operating within “partitions” on a single network. The RLN is a regulated […]

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USD Coin officially expands to Base and Optimism networks

Circle’s USD Coin (USDC) has launched natively on both Base and Optimism networks, allowing Circle account holders to send USDC stablecoin from their accounts to Base or Optimism. Coinbase has also made USDC transfers to Base available, according to a Sept. 5 social media post. Circle claimed that it is working with “ecosystem partners” to develop a system for users […]

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Jack Dorsey’s ₿trust acquires African Bitcoin organization Qala

₿trust, a non-profit organization funded by Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey, is scaling up its programs in Africa with a new acquisition. The non-profit has acquired Qala, an organization dedicated to training Bitcoin and Lightning engineers in Africa. The acquisition will help ₿Trust succeed on its mission to drive the development and education of Bitcoin […]

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Ethereum Bears Gain Upper Hand With Escalating Sell-Off

The Ethereum (ETH) market has been gripped by escalating bearish sentiment as the taker buy-sell ratio, a critical indicator of market dynamics, plunged to a yearly low. This downward trajectory has sparked concerns among investors and traders, highlighting the prevailing pessimism in the Ethereum futures market. ETH’s taker buy-sell ratio, as revealed by a recent report from the anonymous CryptoQuant […]

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MetaMask scammers take over government websites to target crypto investors

Crypto scams targeting MetaMask users are using government-owned website URLs to con victims and access their crypto wallet holdings. Ethereum-based crypto wallet MetaMask has been a long-standing target for scammers — which involves redirecting unwary users to fabricated websites that request access to the MetaMask wallets. Cointelegraph’s investigation on the matter found numerous government-owned websites being used to perpetrate this […]

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