Neo and SpoonOS have launched Spoon-Fed Ideas, a unique way that ecosystem members can contribute to the multi-stop, multi-month Scoop AI Hackathon. Spoon-Fed Ideas is an initiative designed to connect non-developers with builders in the Web3 and AI space. If a Spoon-Fed Idea wins one of the various hackathon “Bowls,” then both the individual who
The European Central Bank is reportedly aiming to launch its digital euro in 2029, provided a legal framework can be hammered out. Officials working on the central bank digital currency will continue to lay the groundwork after the current preparation phase concludes this month, Bloomberg reported on Wednesday, citing people familiar with the matter. ECB
US President Donald Trump and Chinese Communist Party leader Xi Jinping have met face-to-face in South Korea to stabilize relations and resolve tariff tensions. Before the bilateral meeting, Trump indicated that the parties are showing signs of alignment, stating: “We’ve already agreed to a lot of things and we will agree to some more right
Concerns that crypto stablecoins will harm US banks by cannibalizing banking deposits are ill-placed and don’t consider the real-world uses of the tokens, according to Coinbase researchers. “The ‘stablecoins will destroy bank lending’ narrative ignores reality,” Coinbase policy chief Faryar Shirzad said on Wednesday. “Most stablecoin demand comes from outside the US, expanding dollar dominance
FairsquareLab announced today that it has signed a strategic Memorandum of Understanding with Chainlink to push forward cross-border stablecoin interoperability. The agreement names Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as a key technology partner for Phase 2 of Project PAX, a FairsquareLab-led initiative that brings together major financial institutions in South Korea and Japan to pilot
Lamborghini and TON Blockchain Foundation collaborate with Motorverse to propel the next stage of digital culture of the cars and automotive industry. The collaboration is a combination of an actual car company and an expandable blockchain technology that forms a seamless bridge between the physical car ownership and ownership in the online metaverse. The new
Uphold to launch digital asset-backed loans starting December U.S.-based crypto firm Uphold has proposed crypto loans in XRP, ETH, USDC and BTC. Service rollout. Uphold announced plans to introduce digital asset-backed loans in December, beginning with a Florida launch. On October 28, Uphold revealed plans to launch digital asset-backed loan services beginning in December, starting
Jamaicans have rushed to download Jack Dorsey’s decentralized peer-to-peer messaging app Bitchat as the fatal Hurricane Melissa continues to rip through the Caribbean. Bitchat — which uses Bluetooth mesh networks for internet-free, encrypted communication — is now the second-most downloaded app on the Apple App Store and Google Play in Jamaica, offering a lifeline for
Asian and Pacific(APAC) jurisdictions chart divergent digital currency development paths. Some are advancing central bank digital currencies while others embrace private stablecoins. Hong Kong completed its e-HKD pilot program on October 28, while Japan’s JPYC stablecoin surpassed 50 million yen within 48 hours. South Korea warned about depegging risks, and Australia clarified stablecoin regulatory requirements