Bank of Israel has launched “Digital Shekel Challenge” to develop CBDC payment solutions. Participants of the challenge will access a prototype system to create innovative digital shekel uses. Bank of Israel is scheduled to hold a webinar on June 9 for details. In a significant move towards digital currency adoption, the Bank of Israel (BoI)...

The Mastercard crypto pilot program uses aliases to simplify and secure transactions. The initiative involves partners like Bit2Me, Lirium, Mercado, and FoxBit. Concerns, however, persist about centralization and data security with Mastercard’s system. Mastercard, the global credit card company, has embarked on a groundbreaking journey into...

Hashdex withdraws ether ETF application after SEC approval of similar products. Hashdex’s Ethereum ETF application combined spot Ether with futures contracts. The withdrawal decision raises questions amid evolving regulatory landscape and market dynamics. According to documents filed with the U.S. SEC, Hashdex officially pulled its application...

Zilliqa (ZIL) recently hit 66 million network transactions. However, ZIL price was down 2.5% at the time of writing, trading near $0.024. Zilliqa (ZIL) price has traded in the $0.021-$0.026 range. Indeed, the downside pressure on the coin has hindered bulls since the sharp decline witnessed on April 12 and 13 when ZIL price fell more than 30%...

Sei v2 upgrade introduces sub-second transaction finality, enhancing scalability. Sei Foundation implements fairer eligibility criteria for token distribution event. SEI token price drops by 3.91% to $0.5185 amid distribution of 27M tokens post v2 upgrade. The SEI token has experienced a notable decline in price, dropping by 3.91% in the...

Gemini Earn users get $2.18 billion in digital assets back, which represents a 232% recovery. Users will receive 100% of their crypto back, with the initial distribution representing 97% of Earn users’ assets. Gemini has announced that its customers of its Gemini Earn program have received $2.18 billion worth of digital assets. The distribution...