Ripple, National Bank of Georgia Partner on Digital Lari CBDC Pilot
National Bank of Georgia (NBG) has appointed leading blockchain payments platform Ripple Labs Inc. as its official technology partner to advance its Central Bank Digital Currency (CBDC) Digital Lari pilot. As per an official declaration from Ripple, the partnership will utilize the Ripple CBDC Platform for the implementation and distribution of the Digital Lari pilot […]
Worldcoin Claims 1 Million Active Users, 4 Million App Downloads
Worldcoin has attained a new milestone as its ‘World App’ for iOS and Android has now been downloaded 4 million times with about 1 million active users. Iris-scanning project Worldcoin has attained a new milestone, as its mobile World App has been downloaded more than four million times, according to a blog post published by […]
Tether Reserve Attestation Shows 86% Cash and Cash Equivalents
Tether’s newest reserve attestation consisted of approximately 86% cash and cash equivalents, according to a new attestation report from accounting firm BDO. This is the highest proportion of cash and cash equivalents that Tether’s reserves have ever contained. The report indicates that $56.6 billion in reserves consist of U.S. Treasury notes with a maturity date […]
Avalanche Blockchain Explorer SnowTrace Sets to Shut Down
On November 30, SnowTrace, a popular blockchain explorer for Avalanche, will close down its website, powered by Etherscan’s Explorer-as-a-Service (EaaS) toolkit, as the platform fees reportedly grow to $2 million per year Snowtrace users must save their backup information, including private name badges and contact verification details, by November 30. Some have pointed to Etherscan’s […]
Kraken to Halt USDT, DAI, WBTC, WETH, WAXL Trading in Canada
According to multiple client emails, Kraken exchange will halt all transactions involving USDT, DAI, WBTC, WETH, and WAXL in Canada between November and December, with changes going into effect starting Nov. 30 In response to Cointelegraph’s request for comment, a Kraken spokesperson stated via email, “We constantly monitor the assets on our platform to ensure […]