Bank of Russia to Start Testing Digital Ruble With Real Users on April 1
Feb20

Bank of Russia to Start Testing Digital Ruble With Real Users on April 1

The Central Bank of Russia plans to launch test operations with digital ruble transactions between real customers at the beginning of April. More than a dozen banks will join the upcoming stage of the pilot project, a high-ranking representative of the bank announced to Russian media. Russia’s Monetary Authority to Trial Actual Settlements With Digital Ruble The Central Bank of the Russian Federation (CBR) is going to proceed to the...

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Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange
Feb20

Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange

The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that the market has decisively shifted its focus towards trust and stability, especially in the wake of multiple scandals that have rocked the industry,” a DBS executive described. DBS Sees Record Trading Volumes for Bitcoin and Ether DBS, the largest...

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Binance US Refutes Reports Comparing It to Fraudulent Crypto Exchanges
Feb20

Binance US Refutes Reports Comparing It to Fraudulent Crypto Exchanges

Binance US has refuted reports that draw parallels between it and “fraudulent exchanges that have gone bankrupt.” The U.S.-based crypto trading platform stressed that “only Binance.US employees” have access to its bank accounts, denying the allegation that global crypto exchange Binance has “secret access.” Clarifications by Binance US Binance US, a U.S.-based cryptocurrency trading platform affiliated with the global crypto exchange...

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Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days
Feb20

Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days

Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of the crypto economy’s $67.71 billion in global trade volume over the past 24 hours. BUSD Supply Shrinks by 17.77% in 6 Days Statistics show that a...

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GitHub: DMCA Repo Shutdowns Up 31% in 2022 But There’s No Need to Panic
Feb20

GitHub: DMCA Repo Shutdowns Up 31% in 2022 But There’s No Need to Panic

GitHub’s user search page currently reports a healthy 108 million users but that still means a few billion internet users are missing out. While notable alternatives exist, GitHub is a goldmine of information, ideas, and free education. That’s before considering the mountain of open source software available for download. From those building promising software from scratch to those who just love to tinker, GitHub has something for...

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