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Bitcoins and Pieces: Surge-Day Edition

Exchanges News

  • The Cryptowatch platform, a subsidiary of crypto exchange Kraken, has announced the release of its desktop-based trading app. Cryptowatch Desktop is an application for Windows, macOS, and Linux and was designed to build “something perfectly suited for all-day, full-screen market monitoring.”
  • The South Korean crypto exchange Coinone may shift to the nation’s latest trading platform to enter the decentralized finance (DeFi) sphere. According to iNews24, Coinone said it wants to ensure that its DeFi operations are carried out under official guidelines, with “greater accessibility” solutions already in the pipelines. The firm’s CEO pledged to “create the safest exchange” on the domestic scene – and indicated that it was prepared to retake its place as the country’s market leader, a position it occupied until 2018.

CBDCs News

  • Over 47,000 consumers in the Luohu district of Shenzhen spent CNY 8.8m (USD 1.3m) throughout a week-long trial of China’s central bank digital currency (CBDC), published the South China Morning Post. A total of 1.9m people had applied for 50,000 digital ‘red packets,’ with the Shenzhen government validating 47,573 people had received a packet, each holding 200 yuan (USD 30), following in 62,000 transactions overall.

Privacy News

  • Privacy-focused coin Zcoin (XZC) announced the testnet launch of its network reported the Lelantus protocol, meant to give XZC users improved privacy features. The testnet will allow users to try out the new technology and contribute their feedback while the project gear up for the mainnet launch by the end of this year.

Blockchain News

  • The South Korean telecoms giant SK Telecom has distributed a digital wallet for blockchain-powered digital certificate storage and management, reported NewsTomato. SK’s wallet is compatible with decentralized ID (DID) answers and has the Ministry of Public Administration and Security’s approval and is constant with the ministry’s own Government24 digital certificate initiative. The wallet is initially compatible with 13 types of certificates, comprising a digital version of resident registration cards. By the end of the year, SK stated, “a total of 100 types” of certificates will be combined, including National Health Insurance Serviceand tax-related records.
  • Waves Association, a non-profit organization promoting the development of technologies on Waves.protoco (WAVES)l, has announced a grant program of 1 million WAVES tokens (USD 3m) to magnify interoperability in the blockchain ecosystem. In the primary stages, Waves Association will announce specific foundational assignments, giving developer teams a chance to apply, and grants of up to WAVES 300,000 will be given to the groups “that are best prepared and suited to deliver on the mandate.”
  • The Kyrgyz Prime Minister and acting President Sadyr Japarov stated blockchain voting might be used in the next general election. Per Sputnik, Japarov indicated that he has “consulted” with the Central Election Commission (CEC) on the matter and “proposed the introduction of blockchain technology-powered voting” himself. Japarov added that the processes required to set up a relevant platform “can be completed in three to six months,” and would “ensure the transparency and openness of elections” in Kyrgyzstan.
  • Blockchain company ConsenSys has advertised its collaboration with Protocol Labs, the open-source software laboratory behind projects like InterPlanetary File System (IPFS), Filecoin (FIL), and libp2p. According to the emailed press release, with ConsenSys’ product suite features, Filecoin miners, developers, and users can access Ethereum (ETH) tools and integrate with Ethereum’s decentralized finance (DeFi) ecosystem. Codefi Activate launched Filecoin Storage and is also launching Filecoin DeFi Bridge.
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