The National Bank of Georgia is exploring the possibility of issuing a state cryptocurrency to improve the efficiency of the internal payment system and the availability of financial services. According to the statement of the Central Bank of Georgia, the country plans to join the growing number of states preparing the release of the state cryptocurrency. The regulator encourages technology companies, the fintech industry and interested financial institutions to cooperate with the Central Bank to

The National Bank of the Republic of Kazakhstan began a public discussion of the benefits and possible risks of switching to the digital Kazakhstani tenge. According to information from the Bank of Kazakhstan, digital tenge will be backed by the state currency in cash and non-cash form in a 1: 1 ratio. It will have a two-tier structure: financial institutions will be able to provide services to the population and businesses using this asset, and

Polars, a decentralized platform developing the concept of polar tokens for the prediction market, has launched a beta version of the protocol on the Ethereum Rinkeby testnet. The Polars beta testing process is fun and practical. The developers have broken down the testing into several sequential stages, which users are encouraged to complete step by step. As a result, in the process, all smart contracts of the Polars ecosystem will be tested, and users will

NYDIG has partnered with Fidelity National Information Services to create a system that allows US banks to offer cryptocurrency trading services to customers. Patrick Sells, head of banking solutions at New Digital Investment Group (NYDIG), said the companies will join forces to create a dedicated infrastructure. With its help, clients of American banks will be able to trade cryptocurrencies directly using their existing bank accounts. Several banks and financial institutions have already expressed their readiness

Thailand’s Anti-Money Laundering Office (AMLO) intends to tighten requirements for cryptocurrency platforms – from July, users of such platforms will have to undergo KYC procedures. New users can now verify their identity by submitting documents online. However, if the requirements are tightened, Thai citizens will have to scan a chip embedded in their ID card, which will require customers to be physically present for the verification process. Residents of Thailand who are not citizens of

The Digital Dollar Foundation will partner with Fortune 500 consulting firm Accenture to launch five pilot projects this year to test the digital dollar. This was announced by Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC) and co-founder of the Digital Dollar Foundation. He said that over the next two months, the Digital Dollar Project will launch three pilot programs to explore the features and benefits of the digital US dollar. Giancarlo

If for Ethereum miners each of the last months has been marked by a record profit, then for Bitcoin miners April was a plateau – their profit showed a slight decrease to $ 1.7 billion. In March, Bitcoin miners received $ 1.75 billion in profit, and in April they earned $ 50 million less. At the same time, if we take into account that there are 30 days in April, and 31 in March, the

The developers of the popular Ethereum wallet MetaMask have sent out a notification about a new phishing attack. Hackers ask for a secret phrase (seed) under the guise of an official survey. According to the developers, the hackers have launched a special bot that writes to MetaMask users with a link to the “support portal”. Under the guise of this portal, a poll service on Google Docs is used. Users are asked about the problem

Cryptocurrency exchange Hotbit suspended operations for maintenance after the cyber attack and reported a possible data breach. User funds are safe. Hotbit underwent a serious attack by cybercriminals, which began on April 29 at about 23:00 Moscow time. This paralyzed the work of the exchange services. As a result, the trading platform was forced to leave for maintenance, which will last at least seven days. The investigation and system update can take up to two

Ethereum developers launched the Steklo testnet to demonstrate one method of merging two iterations of the network and explore a new way to execute and complete transactions. As part of the ETH Global Scaling Hackathon project called Rayonism, developers from several Ethereum software labs have launched a testnet with ETH1 and ETH2 clients. One researcher called this network “the post-merger ETH1-ETH2 super experimental testnet.” The Steklo testnet aims to explore a new way of executing