Ashok Venkateswaran, head of blockchain and digital assets for Asia Pacific at Mastercard, said the difficulty with central bank digital currencies is adoption. Consumers "are very accustomed to using today's currencies and there's not enough reason to have a CBDC right now. But if this is a country where the domestic payments network is not as strong, then it might make sense to have a CBDC."

Ashok Venkateswaran, head of blockchain and digital assets for Asia Pacific at Mastercard, said the difficulty with central bank digital currencies is adoption. Consumers "are very accustomed to using today's currencies and there's not enough reason to have a CBDC right now. But if this is a country where the domestic payments network is not as strong, then it might make sense to have a CBDC."

Optimism announced that the Canyon hard fork has been successfully activated on the testnet. It is reported that the Canyon upgrade includes Shanghai and Capella hard fork support and the repair of some minor bugs. Canyon also made some specific adjustments to the OP Stack. This upgrade will increase the denominator of EIP-1559 from 50 to 250 to reduce the rate at which the block basefee rises when the gas target is exceeded. Users will not be affected by this testnet upgrade. Node operators ...

Optimism announced that the Canyon hard fork has been successfully activated on the testnet. It is reported that the Canyon upgrade includes Shanghai and Capella hard fork support and the repair of some minor bugs. Canyon also made some specific adjustments to the OP Stack. This upgrade will increase the denominator of EIP-1559 from 50 to 250 to reduce the rate at which the block basefee rises when the gas target is exceeded. Users will not be affected by this testnet upgrade. Node operators ...

InfStones, the key node operator of ido Finance, will temporarily withdraw its Ethereum validators from the liquidity staking protocol and implement key rotation in response to a major vulnerability disclosed by dWallet Labs security researchers. The vulnerability, related to the open source library Tailon, was reported to InfStones in July 2023 and has now been resolved. Nonetheless, the incident resulted in preventive safety measures being taken.

InfStones, the key node operator of ido Finance, will temporarily withdraw its Ethereum validators from the liquidity staking protocol and implement key rotation in response to a major vulnerability disclosed by dWallet Labs security researchers. The vulnerability, related to the open source library Tailon, was reported to InfStones in July 2023 and has now been resolved. Nonetheless, the incident resulted in preventive safety measures being taken.

According to the Wall Street Journal, citing people familiar with the matter, Binance CEO Changpeng Zhao is scheduled to appear in federal court in Seattle on Tuesday afternoon local time. He plans to resign and plead guilty to criminal charges including violating U.S. anti-money laundering requirements, a move that could allow Binance to continue operating. At the same time, Binance will also plead guilty to criminal charges and agree to pay a total of $4.3 billion in fines, including $3.4 b...

According to the Wall Street Journal, citing people familiar with the matter, Binance CEO Changpeng Zhao is scheduled to appear in federal court in Seattle on Tuesday afternoon local time. He plans to resign and plead guilty to criminal charges including violating U.S. anti-money laundering requirements, a move that could allow Binance to continue operating. At the same time, Binance will also plead guilty to criminal charges and agree to pay a total of $4.3 billion in fines, including $3.4 b...

Kyber Network tweeted that on November 22, hackers used a series of complex operations to attack the KyberSwap Elastic smart contract and withdraw user funds to the attacker's wallet. Approximately $54.7 million in user funds were stolen. In response, we have suspended deposits, launched an investigation, contacted relevant parties, and started negotiations with the attackers to help users recover their funds as much as possible, including offering a 10% bounty to the hackers. This hack ...

Kyber Network tweeted that on November 22, hackers used a series of complex operations to attack the KyberSwap Elastic smart contract and withdraw user funds to the attacker's wallet. Approximately $54.7 million in user funds were stolen. In response, we have suspended deposits, launched an investigation, contacted relevant parties, and started negotiations with the attackers to help users recover their funds as much as possible, including offering a 10% bounty to the hackers. This hack ...

The U.S. Securities and Exchange Commission (SEC) said in a filing in federal court in San Francisco on Thursday that Musk should testify in the SEC's investigation into his $44 billion acquisition of Twitter. The SEC said last month it was investigating Musk's purchase of Twitter stock in 2022, but Musk declined to participate in an investigative interview in September. Musk and his lawyers asked the judge to reject the SEC's motion to require Musk to testify on November 2, sa...

The U.S. Securities and Exchange Commission (SEC) said in a filing in federal court in San Francisco on Thursday that Musk should testify in the SEC's investigation into his $44 billion acquisition of Twitter. The SEC said last month it was investigating Musk's purchase of Twitter stock in 2022, but Musk declined to participate in an investigative interview in September. Musk and his lawyers asked the judge to reject the SEC's motion to require Musk to testify on November 2, sa...

Bitcoin miner Greenidge Generation Holdings has sold a 22-acre, 44-megawatt (MW) Bitcoin mining farm in South Carolina to NYDIG, paying off $21.8 million in secured debt. The company detailed that the move enhances Greenidge's financial stability and liquidity. In December last year, it was reported that Bitcoin mining company Greenidge Generation (GREE) and its lender NYDIG signed a non-binding term sheet to restructure $74.7 million in debt. According to the agreement, NYDIG will purch...

Bitcoin miner Greenidge Generation Holdings has sold a 22-acre, 44-megawatt (MW) Bitcoin mining farm in South Carolina to NYDIG, paying off $21.8 million in secured debt. The company detailed that the move enhances Greenidge's financial stability and liquidity. In December last year, it was reported that Bitcoin mining company Greenidge Generation (GREE) and its lender NYDIG signed a non-binding term sheet to restructure $74.7 million in debt. According to the agreement, NYDIG will purch...

Cardano founder Charles Hoskinson has extended an invitation to ousted OpenAI CEO Sam Altman, hoping to work with him to build a decentralized large-scale language model on the Cardano blockchain. Decentralizing large-scale language models represents a paradigm shift in the current development and utilization of artificial intelligence (AI). By leveraging blockchain technology, this model can enhance security, transparency, and accessibility.

Cardano founder Charles Hoskinson has extended an invitation to ousted OpenAI CEO Sam Altman, hoping to work with him to build a decentralized large-scale language model on the Cardano blockchain. Decentralizing large-scale language models represents a paradigm shift in the current development and utilization of artificial intelligence (AI). By leveraging blockchain technology, this model can enhance security, transparency, and accessibility.

Dune data shows that 181,078,617 PYTH have been claimed, equivalent to 72.39% of the total airdrop amount. There are currently 24,541 wallet addresses to apply for. It is reported that those who are eligible for the airdrop have 90 days to claim their PYTH tokens, which will be used for on-chain governance voting. At 22:00 this evening, Pyth Network announced that its retroactive airdrop is open for applications. The market situation shows that the price of PYTH is now around $0.34.

Dune data shows that 181,078,617 PYTH have been claimed, equivalent to 72.39% of the total airdrop amount. There are currently 24,541 wallet addresses to apply for. It is reported that those who are eligible for the airdrop have 90 days to claim their PYTH tokens, which will be used for on-chain governance voting. At 22:00 this evening, Pyth Network announced that its retroactive airdrop is open for applications. The market situation shows that the price of PYTH is now around $0.34.

Victory Securities (8540.HK), a long-established securities firm in Hong Kong, announced that it has officially become the first securities company in Hong Kong to obtain approval from the Hong Kong Securities and Futures Commission (SFC) to provide virtual asset trading and consulting services to retail investors. Earlier this year, Victory Securities took the lead in collecting licenses No. 1, 4 and 9 in the virtual asset license category of the Hong Kong Securities and Futures Commission, ...

Victory Securities (8540.HK), a long-established securities firm in Hong Kong, announced that it has officially become the first securities company in Hong Kong to obtain approval from the Hong Kong Securities and Futures Commission (SFC) to provide virtual asset trading and consulting services to retail investors. Earlier this year, Victory Securities took the lead in collecting licenses No. 1, 4 and 9 in the virtual asset license category of the Hong Kong Securities and Futures Commission, ...

Dana Hou, head of business strategy and operations at Binance Labs, said the department is currently engaging more actively with crypto project founders. Dana Hou said that Biannce Labs and other venture investors are now more focused on supporting startups that already have actual products and revenue. There was a time when projects would be hyped just because they received venture capital investment, but recently in In the crypto industry, hype is no longer so worrisome. Dana Hou said that ...

Dana Hou, head of business strategy and operations at Binance Labs, said the department is currently engaging more actively with crypto project founders. Dana Hou said that Biannce Labs and other venture investors are now more focused on supporting startups that already have actual products and revenue. There was a time when projects would be hyped just because they received venture capital investment, but recently in In the crypto industry, hype is no longer so worrisome. Dana Hou said that ...

The mini-budget released by the UK Treasury on Wednesday included an initiative to boost growth in the digital asset industry. The UK government will pass legislation to implement the Digital Securities Sandbox (DSS), which aims to promote the adoption of digital assets in financial markets. The budget statement said: “The government will develop administrative regulations to implement the digital securities sandbox and deliver on the Edinburgh Reform Proclamation to implement the financial m...

The mini-budget released by the UK Treasury on Wednesday included an initiative to boost growth in the digital asset industry. The UK government will pass legislation to implement the Digital Securities Sandbox (DSS), which aims to promote the adoption of digital assets in financial markets. The budget statement said: “The government will develop administrative regulations to implement the digital securities sandbox and deliver on the Edinburgh Reform Proclamation to implement the financial m...