Author: Crypto Flexs

Weekly Update #37January 31, 2024password trackingMark Collins & Demetrius TSEASregulation:BIS Innovation Hub announces first six projects for 2024 work program: On January 23, the BIS Innovation Hub announced the first batch of six new projects in its 2024 Innovation Hub work program. Three of these projects are: Next-generation quantum resistive communication channel experiment; CBDC privacy considerations and tokenization. Specifically, after successfully establishing a quantum-secure communication channel between the central banks of France and Germany in Phase 1, Project Leap is launching Phase 2, which aims to create a ‘quantum proof’ payment system. Project Aurum has entered a new phase of…

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join us telegram A channel to stay up to date on breaking news coverage Tamadoge kicks off the next era of the Play-to-Earn ecosystem with the announcement of accelerated launch of the $TAMA V2 token on the Polygon network. This strategic move comes after a recent hack targeted the project’s liquidity pool. This prompted a quick and decisive response from the Tamadoge team, soon revealing their secret plans to migrate to V2 tokens. This decision addresses immediate security concerns while hinting at a possible roadmap update. Huge benefits of upgrading to polygons Tamadoge’s transition to Polygon is a key moment…

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Users began transferring large amounts of DESK to collector wallets despite the terms of service prohibiting such transactions. A secondary market has emerged that adds value to DESK, which was not intended. This lack of control has been the risk of blockchain and decentralization. Ultimately, we decided that the product was not serving the community effectively, so we decided to discontinue it. This article originally appeared on www.coindesk.com. CoinDesk, a leading cryptocurrency and blockchain media platform, announced that it is discontinuing its DESK rewards token program. This decision came as a surprise to many in the cryptocurrency community, as it…

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In a recent introspective blog post, Ethereum co-founder Vitalik Buterin candidly described the complexities of his journey in the cryptocurrency world and its intersection with global politics. Buterin’s revelations, especially regarding Russian President Vladimir Putin’s ‘unintentional’ legalization and his observations on the volatility of the cryptocurrency industry, provide a rare glimpse into the mind of one of the most influential figures in the cryptocurrency world. provides. Buterin spoke about his experience meeting President Vladimir Putin in 2017. At first, he did not perceive the meeting as support for the Putin regime. But on reflection, he now sees this as an…

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Bankrupt cryptocurrency exchange FTX said it plans to repay former customers in full, despite abandoning plans to reopen the exchange. “We expect to have sufficient funds to pay in full all currently accepted customer and creditor claims.” FTX attorney Andrew Dietderich told the judge during Wednesday’s hearing.FTX, once led by former CEO Sam Bankman-Fried, filed for bankruptcy in late 2022. Bankman-Fried was discovered. feeling guilty A year later, FTX’s customers, lenders and investors were defrauded. Dietderich also said FTX has no plans to relaunch its platform. The companies FTX acquired for hundreds of millions of dollars turned out to be…

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Jupiter’s airdrop is scheduled for January 31, 2024. Expectations are quite high, considering that the DEX has a steady reputation on Solana and other platforms in the DeFi space. The community has been waiting for this for over a month, and with Airdrop finally hitting the market, it also brought with it the new Solana NFT standard. Memecoin was created utilizing Solana’s new token extension feature. It was also launched via Jupiter’s LFG launcher. WEN was airdropped to over a million wallets, fueling a $1 trillion increase. WEN Token The valuation is over $100 million. The wallets are the Genesis…

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The Swiss city of Lugano is open to a future where Bitcoin, stablecoins and central bank digital currencies (CBDCs) coexist, according to Paolo Bortolin, Deputy CFO of Lugano. Bortolin believes that these digital currencies can serve a variety of purposes for users. While wholesale CBDCs are expected to launch soon, the future of retail CBDCs is uncertain due to concerns such as privacy. Stablecoins issued by private companies are likely to become an important element of the digital financial ecosystem, potentially vying for dominance. Lugano recently expanded support for cryptocurrency payments, accepting Bitcoin and USDT with taxes and fees.

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Cryptocurrencies have become a popular investment option for many people looking to make money quickly. One cryptocurrency that has received attention is SyncCoin. In this article, we will take an in-depth look at what SyncCoin is, how to invest in it, and whether it is a viable option to get rich quick. What is SyncCoin? SyncCoin is a decentralized digital currency that uses blockchain technology to facilitate secure and anonymous transactions. It was created as an alternative to traditional fiat currencies and has gained popularity in recent years. SyncCoin’s primary goal is to provide a decentralized and secure way to…

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Jupiter, a Solana-based decentralized exchange (DEX) aggregator, has launched a new JUP token with a market capitalization of just under $1 billion. Jupiter is one of Solana’s main decentralized finance (DeFI) hubs and, at the time of this writing, is handling more trading volume around the clock than Uniswap, Ethereum’s largest DEX and the entire cryptocurrency ecosystem in general. Jupiter’s pseudonymous founder, known as Meow, said in a blog post that JUP will launch with a maximum circulating supply of 1.35 billion and team vesting will not begin until the second “Jupuary” (January). JUP’s token economics are as follows. 1B…

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