Ripple Rolls Out CBDC-Launching Platform for Governments, Financial Institutions
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Ripple Rolls Out CBDC-Launching Platform for Governments, Financial Institutions

Ripple is rolling out a proprietary platform for central bank digital currencies (CBDCs), enabling central banks, governments, and financial institutions to create their own digital currencies. Described as “a frictionless end-to-end solution,” the Ripple CBDC Platform builds on Ripple’s Private Ledger, which was first introduced in 2021 for CBDC issuance. It’s based on the same blockchain technology as the XRP Ledger…

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Coinbase Cloud plugs into Chainlink oracle network to improve smart contract reliability
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Coinbase Cloud plugs into Chainlink oracle network to improve smart contract reliability

Coinbase Cloud will leverage its global infrastructure and experience managing blockchain data to bolster the security and reliability of the Chainlink blockchain oracle network. The American cryptocurrency exchange’s cloud service will operate as a new node operator on the Chainlink network in a partnership that is set to improve decentralization of the Web3 ecosystem.  Coinbase Cloud’s infrastructure already services a number of leading…

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Binance Australia Loses Crypto Ramp PayID ‘With Immediate Effect’
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Binance Australia Loses Crypto Ramp PayID ‘With Immediate Effect’

Binance’s Australian branch today announced that it is “unable to facilitate PayID deposits” for its users. The crypto exchange attributed the loss of the onramp “to a decision made by our third-party payment service provider” and says bank transfer withdrawals have also been affected.  Cuscal is reportedly the service provider in question. Cuscal did not immediately respond to Decrypt’s request…

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Metaverse ETF ‘PUNK’ closing after betting against Meta’s vision
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Metaverse ETF ‘PUNK’ closing after betting against Meta’s vision

After a slightly over 15-month duration and suffering an approximate 30% loss, an exchange-traded fund (ETF) that aimed to oppose Meta’s perspective on the Metaverse is ceasing its operations. Subversive Capital Advisor is set to shut down and liquidate its Subversive Metaverse ETF, known by the ticker symbol PUNK, as the company shifts its focus towards artificial intelligence. In January…

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Bitcoin and proof-of-stake have natural ‘synergy’: Bitcoin Builders 2023
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Bitcoin and proof-of-stake have natural ‘synergy’: Bitcoin Builders 2023

Less than a year after proof-of-stake (PoS) became the consensus mechanism for the Ethereum blockchain — the industry’s largest blockchain network — researchers have found that PoS can complement Bitcoin.  Stanford University professor David Tsè spoke to Cointelegraph at the 2023 Bitcoin Builders conference in Miami, Florida, about his team’s findings on Bitcoin, PoS, security and energy consumption.  Cointelegraph reporter Joe…

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