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✨DISCIPLINA is a project from the golden age of crypto, made by a relatively anonymous team✨
🤓It stores verified personal profiles based on academic and professional achievements. It is backed by Cardano founders, who invested in the project.
👉DISCIPLINA's blockchain is quite compact, just like Mina's. It also has a testnet and a Mac wallet.
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👑 Red Bull Doodle Art and Burnt Toast collaborate to help student artists mint NFTs
Red Bull Doodle Art is a global competition that challenges students to create original doodles that showcase their creativity and artistic abilities.
Crossmint is a leading NFT infrastructure provider.
Burnt Toast is the Co-Founder of the Doodles.
Crossmint, Red Bull Doodle Art, and Burnt Toast have joined forces to help student artists with an opportunity to create and mint their own NFTs.
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👑 Taiwan’s Financial Supervisory Commission Set to Regulate Country’s Virtual Assets Industry
Taiwan’s Financial Supervisory Commission is set to be announced as the body that will oversee and regulate the virtual asset industry. According to a report, the collapse of crypto exchanges like FTX prompted Taiwanese officials to seek ways of protecting users against similar events should they recur.
According to Taiwanese government officials, the country’s financial sector regulator — the Financial Supervisory Commission (FSC) — is set to become the body overseeing and regulating the country’s virtual currency industry. As per a CNA report, an announcement to this effect is set to be made in late March or early April.
Explaining the rationale behind the government’s decision to appoint FSC as the body that oversees virtual assets in Taiwan, the report suggested that FTX’s collapse played a part in convincing officials to look for ways of protecting users in the event of another major collapse.
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🌴 Kenyan President William Ruto Urges African Countries to Commence Process to Ditch the Dollar
Kenyan President William Ruto recently urged his counterparts on the African continent to kickstart the process of ditching the U.S. dollar and replacing it with a pan-African settlement system. Ruto said the Pan-African Payments and Settlement System (PAPSS) allows business people to focus on moving goods and services.
The Kenyan leader, who spoke at a forum of government and private sector officials, suggested that African countries can commence the process of ditching the dollar by encouraging central banks and commercial banks to join PAPSS.
As explained in an East African report, the alternative payment system, which is backed by central banks on the African continent, was developed by African Export-Import Bank (Afreximbank) and the African Continental Free Trade Area (AFCFTA) Secretariat.
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👑 UAE Hospitality Brand Stella Stays Now Accepts Crypto
A hospitality brand from the United Arab Emirates(UAE), Stella Stays, has announced that its clients can now pay for services with cryptocurrencies. Clients can pay with bitcoin, ethereum, and 35 more digital assets.
The UAE-based hospitality brand Stella Stays now accepts cryptocurrencies via its e-commerce platform, a report has said. According to the report, the company’s guests can now pay with bitcoin, ethereum, and 35 other cryptocurrencies.
Following the announcement, the company’s CEO and co-founder, Mohannad Zikra, is quoted in one report explaining why Stella Stays has decided to accept digital currencies.
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🦁 Amazon NFT Marketplace Could Feature Beeple, Pudgy Penguins
Amazon is putting the finishing touches to its in-house NFT initiative, according to sources directly familiar with the matter. And at least one document suggests that Amazon is set to feature digital collectibles from top crypto-native creators including Beeple and Pudgy Penguins.
The Amazon NFT marketplace will run on a private and permissioned blockchain controlled by the e-commerce giant, according to a confidential terms of service agreement reviewed by Blockworks.
A separate confidential Amazon deck reviewed by Blockworks confirmed the private blockchain, adding that Amazon Web Services (AWS) has been a major contributor to its formation. Neither document could be confirmed as presenting the most current version of Amazon’s plans.
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🐃 Blockchain Security Firm CertiK Reveals Vulnerability in Worldcoin Protocol Allowing Unverified Orb Operator Access
Blockchain security firm CertiK has disclosed a vulnerability in the Worldcoin protocol that allowed unauthorized access for an Orb operator.
In a recent Twitter thread, CertiK explained that the vulnerability allowed anyone to bypass the verification requirements to become an Orb operator without meeting the necessary criteria, such as being a legitimate company or passing a vetting interview.
"Through this security vulnerability, a malicious attacker could bypass the verification and strict participation criteria of the Worldcoin Operator acceptance process," the company wrote.
The usual process allows only legitimate businesses that pass strict identification verification to run an Orb operation, which collects users' iris information.
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🦁 9 Asian Countries Discuss De-Dollarization Measures in Meeting Hosted by Iran
Top officials from nine Asian countries, members of the Asian Clearing Union (ACU), have gathered in Tehran for their annual meeting, where de-dollarization takes center stage.
In addition to the officials from Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Nepal, Pakistan, and Sri Lanka, Russia’s central bank governor and officials from Belarus and Afghanistan also attended the meeting.
Commenting on the role of the U.S. dollar in the world economy and a growing number of countries shifting away from using the USD in trade settlement.
Mokhber noted that over the past few decades, the “Weaponization of the dollar” has compelled countries to distance themselves from reliance on the USD in order to mitigate the potential impact of possible future sanctions.
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👑 Stablecoin Bill's Failure Reflects Deepening Political Divide in Crypto
The passing of a much-discussed stablecoin bill last week in the House Financial Services Committee revealed just how deep the political divide in Washington has become, a recent Fortune Crypto newsletter said.
The bill, which was close to getting bipartisan support after negotiations between Republicans and Democrats earlier this year, was eventually passed in the committee with the votes of Republican representatives plus five Democrats.
Reporting on the passing of the bill, Fortune Crypto’s Leo Schwatz wrote in his latest newsletter that the bill, despite being passed by the Committee, is still seen as “a failure” due to the breakdown in cooperation between Republicans and Democrats.
“It’s hard to see the stablecoin bill as anything but a failure,” Schwatz wrote, while pointing out that the Democratic representative Maxine Waters and Republican representative Patrick McHenry were close to reaching a deal on the bill last year.
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Burger King installed cryptocurrency-accepting machines to rent external batteries
The machines are connected to the cryptocurrency payment services Alchemy Pay and Binance Pay.
"The installation of such a vending machine by Burger King in Paris marks a big step in the adoption of cryptocurrency to pay for real goods and services," Alchemy Pay said in a press release.
Yann Phu, CEO of Flash Development, a distributor of Instpower vending machines in Europe, said the availability of such systems in Paris is an important development for the European market.
"In Asia, these machines are widely used, but in Europe the market is just starting to get to grips with them. With Alchemy Pay helping users pay with cryptocurrency through Binance Pay, we are offering advanced payment methods to Europeans," he said.
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🦁 DeFi Exchange Mango Markets Will Soon Start Refunding Users for $114M Exploit
Mango Markets, the decentralized crypto exchange (DEX) that suffered an exploit earlier this month, will soon start refunding users for the $114 million exploit.
The DEX had earlier said that its decentralized autonomous organization (DAO), entities that are owned and governed by their members without any central leadership, would vote on how to refund users.
"The program for depositors to recover funds is in audit and should be ready to go by tomorrow morning.
Much thanks to all the Mango contributors working tirelessly to make this happen," Mango Labs co-founder Daffy Durairaj said in a tweet.
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🌴 Crypto Startups Secure $201.4M in Funding: Futureverse and RISC Zero Lead the Way
Last week, venture capital and investment firms invested $201.4 million in crypto projects, with metaverse startup Futureverse and RISC Zero receiving the largest fundraises.
Eleven companies recently announced funding rounds, with two standout raises. Metaverse startup Futureverse secured an impressive $54 million from its Series A funding round, led by 10T Holdings and Ripple Labs.
At the same time, RISC Zero, a provider of zero-knowledge-proof tools for developers, raised $40 million in a Series A round.
Futureverse has a clear mission: to empower developers and users by providing a collaborative ecosystem that consolidates 11 metaverse infrastructure and content companies.
Futureverse intends to use the funds from the funding round to enhance its comprehensive technology, which includes the Futureverse Platform and The Root Network, its blockchain.
Apart from RISC Zero, the funding round featured five other infrastructure sector companies: Cosmic Wire, Manta Network, Echooo Wallet, Side Protocol, and Over Protocol.
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🌴 European banks launch ‘sustainable’ blockchain platform for digital bonds
The platform makes the first use case of a so-called “Proof of Climate” blockchain protocol.
Two banks from Sweden and France announced the launch of a new digital bond platform built on blockchain technology. The platform will enable institutional clients to issue, trade and settle bonds digitally, providing a more efficient and secure process than traditional methods.
The platform is a joint project of Skandinaviska Enskilda Banken (SEB) and Credit Agricole Bank, called “so|bond.“ According to the announcement from April 3, the blockchain network will be using a validation protocol, “Proof of Climate awaReness,” and minimizing its environmental footprint.
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📈 Vodka token appeared on PancakeSwap just yesterday, and has already made х10 (even up to х28!)
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🐃 Louis Vuitton’s Soulbound Luxury NFTs, Apple’s Expensive Vision
This week, Louis Vuitton announced a new collection of physical-backed NFTs linked to exclusive products and experiences. The pricey tokens are soulbound and cannot be sold once purchased.
Meanwhile, Apple announced its new Vision Pro headset with a hefty price tag and not a single use of the word metaverse. Plus, NFT lending platforms are on the rise, but who really stands to benefit from this practice?
C’est bon, Louis Vuitton: French luxury fashion house Louis Vuitton will soon release a new collection of physical-backed NFTs called Via Treasure Trunks, which will be linked to exclusive experiences and products down the line.
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🦁 Jinan, China: All Our Buses Accept Digital Yuan – And CBDC Customers Get Discounts
Jinan, China, says all of its bus routes now accept digital yuan pay, and will incentivize adoption by granting discounts to central bank digital currency (CBDC)-paying passengers.
Per the news outlet Shunwang-Jinan Daily (via e23), the city said that all of its bus routes’ software and card readers had been updated to allow all buses to accept payments in the Chinese CBDC.
Jinan is the capital of Shandong, a province in Eastern China, and has a population of over 9.2 million. The city had initially piloted digital yuan payments on two of its busiest bus lines, B52 and BRT5.
But after the success of these pilots, the city has decided to deploy digital yuan pay options across its entire bus network. And in a bid to boost adoption, Jinan has announced that passengers can receive discounts if they pay on buses using the CBDC.
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👑 Former Israeli Military Intel Personnel Launch New Crypto Firm Blockaid with $33 Million in Funding 📌
Web3 security company Blockaid said it has emerged from stealth with $33 million in funding to protect users from fraud, phishing, and hacks.
The company, founded in September 2022, concluded its series A funding round, bringing the total raised to $33 million, led by Ribbit Capital and Variant, with participation from Cyberstarts, Sequoia Capital, and Greylock Partners, it said.
Blockaid plans to use the funds to fuel the company's growth and scale the product, customer base, and team.
Per the press release:
"In under a year, Blockaid has not only secured a recent funding boost but has also come out of stealth, revealing some of its inaugural customers: Metamask, Opensea, Rainbow, and Zerion — with more to be announced soon."
Their common goal is to protect millions of users from malicious transactions before they occur. Blockaid enables users to trust using wallets, decentralized applications (dapps), and smart contracts by preemptively validating all transactions, it said.
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🐃 Sorare: latest news about NBA NFTs
Recently Sorare launched Fantasy Basketball and signed a partnership with NBA and NBPA for American basketball fans.
So, after entering the world of football and baseball, it has now arrived in the world of basketball with its digital trading cards.
Below are some of the latest news from the famous gaming platform and some of the most popular cards.
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🦁 Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling Dollar Reserves
The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports coming from China will be settled using the Chinese yuan. The agreement, which will allow the country to safeguard its dwindling dollar reserves, involves the disbursement of more than $1 billion in April.
China is currently Argentina’s international partner, and this move will ostensibly allow the country to lessen the weight of imports on the weakened state of Argentine reserves.
The Chinese concession given to Argentina by Chinese President Xi Jinping allows the central bank to focus its attention on the devaluation and inflation spiral Argentina is currently experiencing by injecting resources to stabilize its fiat exchange rate, which reached record lows last week against the U.S. dollar.
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🌴 Stablecoin Issuer Circle Keeping an Eye on Hong Kong's Crypto Policies Amid Asian Market Focus
US-based stablecoin issuer Circle is closely monitoring Hong Kong’s crypto policies as the government pushes for a friendly regulatory framework.
Hong Kong is looking to establish itself as a major hub for stablecoins and digital assets markets, Circle CEO Jeremy Allaire said in a recent interview with Bloomberg on the sidelines of the World Economic Forum in Tianjin, China.
He added that Asia is a huge area of focus for Circle, particularly since it received a license as a major payments institution in Singapore, which allows it to offer digital payment token services as well as domestic and cross-border money transfer services within the city-state.
The comments come as Hong Kong implemented its new regulatory framework for crypto earlier this month.
The new rulebook allows retail investors the ability to trade virtual assets, instead of restricting digital assets trading to professional investors and traders with at least $1 million in bankable assets.
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🦁 ConsenSys Layer 2 network Linea adds loyalty NFT campaign to drive adoption
ConsenSys-built Layer 2 network Linea is introducing a loyalty NFT campaign to boost activity on its testnet.
The program will reward users with NFTs for performing certain tasks related to using the testnet, according to a blog post. The plan aims to help stress the network and test activities at scale ahead of the network’s mainnet launch expected in the coming months.
The weekly challenges will involve using bridging protocols built on the Linea testnet including Hop Protocol, Celer Network, Multichain and Connext. Bridging refers to the transfer of digital assets across different networks.
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