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🐻 De-Dollarization: China, Brazil Can Be Instrumental in Building Less Centralized World With No Hegemony, Says Lula’s Adviser
Brazil’s President Luiz Inacio Lula da Silva’s chief adviser on foreign policy, Celso Amorim, says China and Brazil “are coming closer together” and they could play important roles in building a less centralized world with no hegemony. Commenting on de-dollarization, he stressed: “I think it’s very important that we are free from the dominance of one single currency because sometimes it is used politically.”
China and Brazil have agreed to conduct trade in their respective currencies, rather than using the U.S. dollar. Additionally, both countries are part of the BRICS group that is reportedly working to create a new form of currency that will further shift them away from USD reliance.
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Millix is a novel open-source cryptocurrency project. Millix is fully decentralized, designed for simplicity, energy efficiency, and low cost.
Unlike blockchain cryptocurrencies, millix is built on the logic of Directed Acyclic Graph (DAG) to transact at very high speed and very large scale. The millix ecosystem is powered by MLX token. Wrapped MLX (WMLX) bridges the millix ecosystem with the ethereum network.
Millix is original work and was not built on a copied code base of existing work. It has no points of centralization, no designed bottlenecks, or a hierarchy of participants of capabilities. millix data is natively sharded.
Wrapped Millix to be listed on the P2B exchange on March 28, 2023.
For more information about this impressive project, visit the website https://millix.org/ and https://twitter.com/MillixOrg
👑 UAE Hospitality Brand Stella Stays Now Accepts Crypto
A hospitality brand from the United Arab Emirates(UAE), Stella Stays, has announced that its clients can now pay for services with cryptocurrencies. Clients can pay with bitcoin, ethereum, and 35 more digital assets.
The UAE-based hospitality brand Stella Stays now accepts cryptocurrencies via its e-commerce platform, a report has said. According to the report, the company’s guests can now pay with bitcoin, ethereum, and 35 other cryptocurrencies.
Following the announcement, the company’s CEO and co-founder, Mohannad Zikra, is quoted in one report explaining why Stella Stays has decided to accept digital currencies.
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🐃 Sorare: latest news about NBA NFTs
Recently Sorare launched Fantasy Basketball and signed a partnership with NBA and NBPA for American basketball fans.
So, after entering the world of football and baseball, it has now arrived in the world of basketball with its digital trading cards.
Below are some of the latest news from the famous gaming platform and some of the most popular cards.
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🦁 Jinan, China: All Our Buses Accept Digital Yuan – And CBDC Customers Get Discounts
Jinan, China, says all of its bus routes now accept digital yuan pay, and will incentivize adoption by granting discounts to central bank digital currency (CBDC)-paying passengers.
Per the news outlet Shunwang-Jinan Daily (via e23), the city said that all of its bus routes’ software and card readers had been updated to allow all buses to accept payments in the Chinese CBDC.
Jinan is the capital of Shandong, a province in Eastern China, and has a population of over 9.2 million. The city had initially piloted digital yuan payments on two of its busiest bus lines, B52 and BRT5.
But after the success of these pilots, the city has decided to deploy digital yuan pay options across its entire bus network. And in a bid to boost adoption, Jinan has announced that passengers can receive discounts if they pay on buses using the CBDC.
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🚀 Exciting News for SOEX! 🚀
Big things are coming! Over 70 top influencers and signal groups are joining the major promotional campaign for SOEX. This shows the increasing momentum and excitement around the project!
🎮 What's Next?
New games are launching soon, adding even more value to SOEX.
The app will be available on Google Play and the App Store in Q3 2025, offering a major upgrade that will rival popular games like Idle Heroes.
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I’m feeling confident in SOEX’s potential and have set a target of $0.15+ before the end of this year. 🔥
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🌴 Proof Launches Exclusive NFT Collection for Moonbirds Holders
Proof, the Web3 startup behind the smash hit Moonbirds NFT collection, is launching its next digital art series—favoring its existing collectors.
The new collection—"Moonbirds: Diamond Exhibition"—will feature 10,000 digital artworks created by 22 artists, including Beeple, Daniel Isles (aka Dirty Robot), Terrell Jones, Summer Wagner, and Michael Sidofsky. Those works will only be available, however, to Moonbirds holders who have achieved Diamond Nest status by staking their NFTs with the company for a certain period of time.
Moonbirds feature a nesting function that encourages holders to lock up their NFTs instead of listing or selling them. The longer a Moonbird is nested in a holder’s wallet, the more perks and rewards—such as the "Diamond Exhibition"—are made available to that holder.
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🌴 US university gets $20M to create new AI institute
According to a report from a local news publication, Carnegie Mellon University in Pittsburgh, Pennsylvania received the funding for its new AI Institute for Societal Decision Making.
The institute will foster the improvement of AI tools to assist in decision-making procedures in social circumstances, such as natural disasters and public health events. Aarti Singh, a professor at the university’s machine learning department, will serve as the institute’s director.
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Mastercard has launched a tool to protect against crypto-fraud
Mastercard has launched a new product that allows banks to detect and prevent fraud on platforms designed to trade cryptocurrency assets within their own network. The financial services provider, announced a tool related to risk management.
The product is called Crypto Secure and combines the use of artificial intelligence technology, blockchain data and publicly available records of cryptocurrency transactions. All of this will help in identifying the risks of virtual currency transactions on Mastercard's network related to criminal activity.
Mastercard's head of cyber and intelligence, Ajay Bhalla, said a similar service for fiat currency transfers helps the company's partners comply with financial regulators' anti-fraud rules. This capability is now available in the cryptocurrency space as well.
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🦁 9 Asian Countries Discuss De-Dollarization Measures in Meeting Hosted by Iran
Top officials from nine Asian countries, members of the Asian Clearing Union (ACU), have gathered in Tehran for their annual meeting, where de-dollarization takes center stage.
In addition to the officials from Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Nepal, Pakistan, and Sri Lanka, Russia’s central bank governor and officials from Belarus and Afghanistan also attended the meeting.
Commenting on the role of the U.S. dollar in the world economy and a growing number of countries shifting away from using the USD in trade settlement.
Mokhber noted that over the past few decades, the “Weaponization of the dollar” has compelled countries to distance themselves from reliance on the USD in order to mitigate the potential impact of possible future sanctions.
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🐻 FCA charges man for operating crypto ATMs that handled $3.4m
The FCA has charged a London man for illegally operating multiple crypto ATMs without registration, processing millions in transactions.
The U.K.’s Financial Conduct Authority has charged a London man, Olumide Osunkoya, with unlawfully operating crypto ATMs without the necessary registration, marking the regulator’s first criminal prosecution involving unregistered crypto activity.
In a Sept. 10 press release, the financial watchdog accused Osunkoya of running multiple crypto ATMs across various locations that processed £2.6 million ($3.4 million) in transactions between December 2021 and September 2023.
The FCA says the case falls under the Money Laundering, Terrorist Financing, and Transfer of Funds Regulations 2017, making Osunkoya the first person to be charged for running a network of unregistered crypto ATMs in the U.K.
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CertiK says SMS is the 'most vulnerable' form of 2FA in use.
The level of security provided by SMS pales in comparison to authenticators or physical security keys, CertiK's Jesse Leclere says in an interview.
Using SMS as a form of two-factor authentication has always been popular among crypto enthusiasts.
After all, many users are already trading their cryptos or managing social pages on their phones, so why not simply use SMS to verify when accessing sensitive financial content?
Unfortunately, con artists have lately caught on to exploiting the wealth buried under this layer of security via SIM-swapping, or the process of rerouting a person's SIM card to a phone that is in possession of a hacker.
In many jurisdictions worldwide, telecom employees won't ask for government ID, facial identification, or social security numbers to handle a simple porting request.
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🦁 DeFi Exchange Mango Markets Will Soon Start Refunding Users for $114M Exploit
Mango Markets, the decentralized crypto exchange (DEX) that suffered an exploit earlier this month, will soon start refunding users for the $114 million exploit.
The DEX had earlier said that its decentralized autonomous organization (DAO), entities that are owned and governed by their members without any central leadership, would vote on how to refund users.
"The program for depositors to recover funds is in audit and should be ready to go by tomorrow morning.
Much thanks to all the Mango contributors working tirelessly to make this happen," Mango Labs co-founder Daffy Durairaj said in a tweet.
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🐃 Louis Vuitton’s Soulbound Luxury NFTs, Apple’s Expensive Vision
This week, Louis Vuitton announced a new collection of physical-backed NFTs linked to exclusive products and experiences. The pricey tokens are soulbound and cannot be sold once purchased.
Meanwhile, Apple announced its new Vision Pro headset with a hefty price tag and not a single use of the word metaverse. Plus, NFT lending platforms are on the rise, but who really stands to benefit from this practice?
C’est bon, Louis Vuitton: French luxury fashion house Louis Vuitton will soon release a new collection of physical-backed NFTs called Via Treasure Trunks, which will be linked to exclusive experiences and products down the line.
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🌴 European banks launch ‘sustainable’ blockchain platform for digital bonds
The platform makes the first use case of a so-called “Proof of Climate” blockchain protocol.
Two banks from Sweden and France announced the launch of a new digital bond platform built on blockchain technology. The platform will enable institutional clients to issue, trade and settle bonds digitally, providing a more efficient and secure process than traditional methods.
The platform is a joint project of Skandinaviska Enskilda Banken (SEB) and Credit Agricole Bank, called “so|bond.“ According to the announcement from April 3, the blockchain network will be using a validation protocol, “Proof of Climate awaReness,” and minimizing its environmental footprint.
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🔥Nimbus is the most attractive Staking opportunity in DeFi!🔥
Here's why we say that:
💠Rated by NewsBTC as one of the top 3 staking APYs in DeFi
💠Staking rewards up to 80% APY
💠Extreme Flexibility - Pick your Staking Conditions with six different options
💠Enjoy 15X gas optimization with Nimbus now on Binance Smart Chain
💠Stake and Swap in one single platform!
What are you waiting for – Nimbus Staking 2X ultra boosted rewards valid ONLY until August 25, 2023!
Make your assets work for you!😎
Get your NBU or GNBU tokens👉 Here!
Stake👉 Here!
👑 UAE Hospitality Brand Stella Stays Now Accepts Crypto
A hospitality brand from the United Arab Emirates(UAE), Stella Stays, has announced that its clients can now pay for services with cryptocurrencies. Clients can pay with bitcoin, ethereum, and 35 more digital assets.
The UAE-based hospitality brand Stella Stays now accepts cryptocurrencies via its e-commerce platform, a report has said. According to the report, the company’s guests can now pay with bitcoin, ethereum, and 35 other cryptocurrencies.
Following the announcement, the company’s CEO and co-founder, Mohannad Zikra, is quoted in one report explaining why Stella Stays has decided to accept digital currencies.
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