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MIT Digital Currency Initiative introduces at-scale, programmable CBDC platform
2.8.2023
PARSEC (Parallelized Architecture for Scalably Executing Smart Contracts) runs on the ERC-20 standard, so it could have other applications too
Avalanche Foundation introduces Avalanche Vista, a $50M initiative
26.7.2023
Avalanche Foundation is aiming to boost the segment of tokenization. For this purpose, it has introduced Avalanche Vista to the community. Avalanche Vista is an initiative that is worth approximately $50 million. The goal is to pioneer tokenization under the assumption that it will have...
Unidef Launches Revolutionary Initiative to Assist Crypto Community Affected by Centralized Platforms Misconduct
11.7.2023
PRESS RELEASE. Dubai, UAE — Jul 11, 2023 – In an unprecedented move, Unidef (unidef.org), a global organization advocating for decentralized empowerment, has taken an extraordinary step to safeguard the crypto community that has been negatively affected by the recent contentious financial...
Change the Code Blasts Wall Street for Propping Up Bitcoin Initiatives
30.6.2023
Change The Code, a Greenpeace-backed initiative that seeks to change Bitcoin’s consensus algorithm, has blasted Wall Street companies for the support they are showing to Bitcoin-related activities. On social media, it has called out companies like Fidelity, Blackrock, JPMorgan, and Goldman...
Russia to Trial Digital Asset Settlements in Foreign Trade
17.6.2023
Bank of Russia plans to pilot cross-border payments using digital assets and central bank digital currencies, according to a deputy governor. The top executive believes these alternative instruments could increase efficiency in foreign trade while such settlements will not be permitted inside...
BRICS Bank President Dilma Rousseff Calls for the Creation of a Global South Focused Financial System
14.6.2023
Dilma Rousseff, president of the New Development Bank — also known as the BRICS bank — and former Brazilian president, has called for establishing a financial architecture designed for the so-called Global South. In a keynote speech at the 14th Lujiazui Forum, Rousseff remarked on the importance...
China to gain most from restrictive US crypto regulations: Coinbase CEO
31.5.2023
The Coinbase CEO has been hugely critical of the U.S. failure to provide the crypto industry with regulatory clarity and has long argued it will push firms offshore
Bill Seeks to Oblige South Korean Lawmakers to Declare Crypto Assets
24.5.2023
A new bill requiring South Korean lawmakers to disclose their cryptocurrency holdings has been proposed in Seoul. The legislative initiative comes amid a snowballing scandal surrounding the crypto dealings of an opposition lawmaker whose case has been referred to the parliamentary ethics committee....
Polygon Labs X The Unbound: An initiative to expand the Metaverse!
23.5.2023
The Unbound was released in the grandest manner, and it recently announced the big news of officially starting a collaboration with Polygon Labs. The Unbound allows B2B partners and users to effortlessly develop virtual worlds, express themselves in digital Metaverse, and create uninterrupted brand...
Unidef Introduces Decemount to Expedite Global Shift to Decentralization
18.5.2023
PRESS RELEASE. Dubai, UAE — May 18, 2023 – Today, Unidef (unidef.org), a global network of organizations focused on hastening the global shift to a decentralized future, proudly unveils its latest initiative, Decemount. This ambitious project seeks to fund and empower talented individuals...
STAR Unveils Opportunity for Japanese SMEs to Gain International Prestige
9.5.2023
PRESS RELEASE. Tokyo, Japan, May 9th 2023, Chainwire. The STAR project is a new initiative to help Japanese SMEs gain international recognition and prestige. The project seeks to uncover the valuable products, technologies, and know-how of small-to-medium-sized businesses. With an advanced...
Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says
6.5.2023
Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according to Russian Foreign Minister Sergey Lavrov. During a meeting with his colleagues in India, Moscow’s top diplomat also discussed the similar initiative within...
VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High
5.5.2023
A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network...
China to expand CBDC use case for Belt and Road Initiative
24.4.2023
China was one of the first nations to start working on its CBDCs. However, despite the completion of its development, the government is yet to officially launch the CBDC
Brazil and China Deepen Trade Integration to Move Away From US Dollar, as First Yuan-Based Settlement Is Processed
15.4.2023
Brazil and China have reached a milestone in their economic integration, as the first bilateral settlement in Chinese yuan was completed ahead of the visit of President Luis Inacio “Lula” da Silva to China. The settlement, which was processed by the Industrial and Commercial Bank...
Avalanche launches initiative for digital artists, NFT creator protests Sotheby’s gender bias, and more
31.3.2023
The Avalanche Foundation has launched a new mentoring initiative for digital artists, and Ticketmaster has introduced a new feature allowing artists to reward NFT holders
Report: UAE Central Bank Implements Digital Currency Strategy
29.3.2023
The central bank in the United Arab Emirates said it has started implementing its digital currency strategy with partners G42 Cloud and R3. According to the central bank, the digital currency initiative is expected to “further position and solidify the UAE as a leading global financial...
OPEN HUB for Smart World: NTT.com’s digital human workplace initiative
20.3.2023
NTT group’s subsidiary, NTT Communications Corporation, a subsidiary of Nippon Telegraph & Telephone (NTT) group, expanded its co-creation program, “OPEN HUB for Smart World.” The company announced the launch of its initiatives, which include a blend of the metaverse and digital...
MultiversX X Tencent Cloud: An initiative to add value within Web3 & Metaverse
17.3.2023
MultiversX happens to be extremely pleased to make its official announcement of having formed a mutually beneficial partnership with Tencent Cloud. The entity happens to be a much-respected global technology company. With this joining up together, plans are afoot for the effective utilization...
India, UAE Collaborate to Boost Cross-Border Central Bank Digital Currency Transactions
16.3.2023
India’s central bank, the Reserve Bank of India (RBI), and the Central Bank of the United Arab Emirates (UAE) have agreed to collaborate on cross-border central bank digital currency (CBDC) transactions of remittances and trade. The initiative is “expected to reduce costs, increase efficiency...