Day: July 11, 2022

KPMG to audit new pound-backed stablecoin GBPT

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Fintech firm blackfridge has launched a new stablecoin that is fully backed by the British pound (GBP), potentially opening the door to wider adoption of digital assets in the United Kingdom and its Crown Dependencies.  The newly launched “poundtoken,” which trades under the ticker “GBPT,” will be available for trading on Gate.io, Bittrex Global and Unisawp, blackfridge announced Monday. GBPT is said to be fully backed by the British pound, which means that every token issued will have an equivalent value held in reserves. GBPT’s reserve status is regulated by…

Banco de Pagos Internacionales pide una colaboración global en el diseño de CBDCs

Cada uno de los modelos de acceso a las CBDCs tiene diferentes implicaciones en cuanto a riesgos, eficiencia, resistencia e interoperabilidad, continuó el informe, señalando que no hay una solución única para todos. Por ejemplo, aunque la compatibilidad puede ser la forma menos costosa de interoperabilidad, es posible que no logre beneficios de eficiencia similares a los de la interconexión de varios sistemas o el desarrollo de un sistema único. Source

Kevin O'Leary: Bitcoin Miners Should Adopt Nuclear Power

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Ethereum Liquidations Ramp Up As Price Struggles To Hold $1,100

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As the market ushers in another week of trading, the price of Ethereum has been struggling to hold above $1,100. This coveted point which it had broken last week remains an important technical level, which is why bulls continue to fight to hold it. However, with the decline of the digital asset’s price below $$1,200, its liquidations have been ramping up and in the last four hours, it had briefly surpassed bitcoin as more traders lose their positions. Over $30 Million Ethereum Liquidated Ethereum liquidations shot past bitcoin liquidations as…

Binance Failed to Deliver on Money Laundering Prevention Promises: Report

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BIS Calls for Global Collaboration with CBDC Designs

Each of the CBDC access models has different implications around risks, efficiency, resilience and interoperability, the report continued, noting there is no “one size fits all” solution. For example, while compatibility might be the least costly form of interoperability, it may not achieve similar efficiency benefits to interlinking multiple systems or developing a single system, the report said. Source BIScallsCBDCCollaborationDesignsGlobal CryptoX Portal

Behind the screens: ICO calls for review into use of private email and messaging apps within government

The Information Commissioner’s Office (ICO) has today called for a government review into the systemic risks and areas for improvement around the use of private correspondence channels – including private email, WhatsApp and other similar messaging apps. The ICO report – Behind the screens – maintaining government transparency and data security in the age of messaging apps – details a yearlong investigation, launched in 2021 by Commissioner Elizabeth Denham, into the use of these channels by Ministers and officials at the Department of Health and Social Care (DHSC) during the…

All 3 NEW Shiny Secret Pets & New CRAZY Ticket Method in Mining Simulator 2

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