The Importance of Focusing on Utility in AI Projects Over Tokens In the realm of artificial intelligence (AI), the debate over utility versus tokens has been gaining momentum. Zhao, a prominent figure in the industry, has recently urged AI projects to prioritize utility over tokens. This call to action comes at a time when experts […]
Kyrgyzstan introduces USDKG, a gold-backed stablecoin
Kyrgyzstan Introduces USDKG: A Gold-Backed Stablecoin Kyrgyzstan has recently made waves in the world of digital currencies by introducing USDKG, a stablecoin fully backed by the Kyrgyz government’s gold reserves. This innovative move aims to create a more stable digital currency that can provide a secure and reliable alternative to traditional fiat currencies. The concept […]
Singapore and Vietnam strengthen ties with digital asset agreement
Singapore and Vietnam Strengthen Ties with Digital Asset Agreement In a move that underscores the ever-increasing economic cooperation between Singapore and Vietnam, the two nations have solidified their partnership with a groundbreaking agreement focusing on digital assets. This agreement not only reflects the deepening relationship between the countries but also signifies a significant step towards […]
ECB plans digital euro launch by 2028
ECB Plans Digital Euro Launch by 2028 The European Central Bank (ECB) is gearing up to revolutionize the way we perceive and utilize currency with its ambitious plan to launch a digital euro by 2028. This strategic move comes in response to the shifting financial landscape and the increasing popularity of digital currencies worldwide. The […]
FIFA could create a FIFA token
FIFA Considers Launching FIFA Token to Revolutionize Fan Engagement As the world of digital currencies continues to expand, FIFA, the international governing body of football, is contemplating the creation of its own cryptocurrency – the FIFA token. The idea was brought to light by Gianni Infantino, FIFA’s president, during his speech at President Trump’s White […]
Swiss Central Bank rejects Bitcoin for reserves
Swiss Central Bank Rejects Bitcoin for Reserves The Swiss National Bank (SNB) has made a decisive move by rejecting Bitcoin as part of its reserves. The decision comes as SNB President Martin Schlegel argues that the extreme price fluctuations of the cryptocurrency make it unsuitable for Switzerland’s monetary policy needs. Bitcoin, known for its volatility, […]
BioReCer: Driving the EU bioeconomy through smarter certification
BioReCer: Driving the EU Bioeconomy through Smarter Certification In today’s fast-paced world, sustainability and circularity have become crucial aspects of any industry, especially in the realm of biological resources. The European Union (EU) has been a frontrunner in promoting a bioeconomy that is not only efficient but also environmentally friendly. One of the key players […]
Japan proposes changing digital assets to financial products
Japan Proposes Regulating Digital Assets as Financial Products In a groundbreaking move, Japan is considering redefining digital assets as financial products. The proposal, put forward by the Financial Services Agency (FSA), seeks to bring digital assets under the purview of the Financial Instruments and Exchange Act. This shift would introduce stringent regulations akin to those […]
Crypto exchange Bybit loses $6 billion in two days
Crypto Exchange Bybit Faces Major Setback: Loses $6 Billion in Two Days Crypto exchange Bybit recently experienced a significant loss of $6 billion in just two days, sending shockwaves through the digital currency market. This turn of events has once again brought to the forefront the concerns surrounding security and liquidity in the volatile world […]
Hackers target Trump-linked crypto project with fake Barron meme coin
Hackers Target Trump-Linked Crypto Project with Fake Barron Meme Coin In the ever-evolving world of cryptocurrency, scams and hacks are unfortunately not uncommon. Recently, a Trump-linked crypto project, World Liberty Financial, fell victim to a malicious attack by hackers. The perpetrators created a fake coin named Barron meme coin, aiming to deceive users and potentially […]