The European Central Bank (ECB) is already experimenting with the digital euro and is expected to begin working on a prototype by the end of next year. The digital euro is expected to be ready by 2025 if the European Union makes a decision on issuance.
MakerDAO Launches Biggest Ever Bug Bounty with $10M Reward
MakerDAO has announced that it will begin offering a bounty of up to $10 million to hackers and cybersecurity specialists who report legitimate security threats in its smart contracts.
Samsung Unveils Crypto-Compatible Wallet At Metaverse Event
The event, dubbed "Unpacked 2022" was held in the metaverse, with audiences participating in a virtual space held at the Decentraland metaverse, with the venue reserved at Samsung 837X. Over 100,000 people signed up for the metaverse event, which featured lottery-style draws for the audience to be able to pre-order the new flagship phones.
Fitch Ratings Downgrades El Salvador Deeper Into Junk Status Citing Bitcoin Risks
Fitch Ratings, one of the largest rating agencies in the US, downgraded El Salvador's long-term default rating even more, citing the risks of adopting Bitcoin as legal tender as the main reason. “The adoption of Bitcoin as legal tender has increased uncertainty about the potential for an IMF program to unlock financing for 2022-2023,” Fitch detailed.
Algorand Foundation Appoints Ex-JP Morgan Executive as CEO
Today, the Algorand Foundation announced the appointment of Staci Warden as their CEO. Warden, who has been on the foundation's board of directors since September 2021, will take on responsibilities as leader, according to a press release.
21Shares Lists Decentraland ETP at BX Swiss
Exchange-traded products (ETPs) will provide investors and institutions with exposure without direct ownership of the asset. 21Shares the Decentraland ETP (Mana) will be listed on BX Swiss exchange.
Bloomberg Analysts Predict Ethereum Price May Fall to $1,7000 In the Short-Term
Bloomberg has stated its bearish views on Ethereum (ETH). In the latest Intelligence report, Bloomberg analysts predict that Ethereum could fall as low as $1,700. However, an upside correction may follow after the decline.
US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens Experience Little Wage Increase
The year-over-year U.S. inflation rate, or to be precise, the Consumer Price Index for All Urban Consumers (CPI-U), rose 0.6 percent in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported yesterday. In the last 12 months, the all items index has increased by 7.5% before seasonally adjusted.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.