Avalanche (AVAX), which was created by Turkish computer scientist Emin Gün Sirer using an original consensus protocol, started to be traded on Icrypex. AVAX enables the development of decentralized applications (dApps) and decentralized finance (DeFi) protocols.
95% of Winners in China's CBDC Lottery Spend Digital Yuan Awards
Shenzhen launched a program to promote digital Yuan with a public gift on October 9. The raffle organizers have announced that if the winners do not spend by October 18, they will take back the unused digital Yuan packs. Some winners not only spent their digital Yuan but also purchased another 901,000 yuan ($ 134,000) to add to their wallets.
Important Digital Currency Statements by the President of the US Federal Reserve (Fed)
President Powell made statements that "the Libra project is encouraging central banks towards the digital currency system." On behalf of the Fed, he said that digital currencies can improve transfers, but they have not yet decided to issue a CBDC, and he said, "It is necessary to cooperate with the private sector in terms of CBDC."
"Digital Money" Warning from IMF
Powell warned that digital currencies may bring along some risks and difficulties as well as their benefits and that "it may reduce the ability of local governments to conduct monetary policy". In addition, it was mentioned that cross-border payments can be as easy as sending an e-mail.
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.