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Showing posts with label Cryptocurrency. Show all posts

BIS Survey: 94% of Central Banks Exploring Digital Currency

BIS Survey: 94% of Central Banks Exploring Digital Currency


The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs).  Bitcoin.com reportd 


There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors for retail CBDCs, including holding limits and offline functionality.


BIS eleased a report on June 14, titled “Embracing diversity, advancing together – results of the 2023 BIS survey on central bank digital currencies and crypto.” The survey gathered insights from 86 central banks regarding their involvement in CBDC projects and cryptocurrency initiatives.


According to the report:


Ninety-four percent of surveyed central banks are exploring a central bank digital currency (CBDC). The survey suggests that central banks are proceeding at their own speed, taking diverse approaches and considering different design features.


The report highlights that there has been a significant increase in experiments and pilot projects involving wholesale CBDCs, particularly in advanced economies, with some emerging markets and developing economies also intensifying their efforts in this area.


“Overall, the likelihood that central banks will issue a wholesale CBDC within the next six years now exceeds the likelihood that they will issue a retail CBDC,” the report

 notes.

Central banks have also enhanced their engagement with stakeholders to inform CBDC design, with many still undecided on specific features, the BIS report details. Interoperability and programmability are frequently considered for wholesale CBDCs, while retail CBDCs are being evaluated for holding limits, interoperability, offline capabilities, and zero remuneration.


Regarding cryptocurrencies, the report states:


On crypto, the survey indicates that, to date, stablecoins are rarely used for payments outside the crypto ecosystem. Moreover, about two out of three responding jurisdictions have or are working on a framework to regulate stablecoins and other cryptoassets.


The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs).  Bitcoin.com reportd 


There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors for retail CBDCs, including holding limits and offline functionality.


BIS eleased a report on June 14, titled “Embracing diversity, advancing together – results of the 2023 BIS survey on central bank digital currencies and crypto.” The survey gathered insights from 86 central banks regarding their involvement in CBDC projects and cryptocurrency initiatives.


According to the report:


Ninety-four percent of surveyed central banks are exploring a central bank digital currency (CBDC). The survey suggests that central banks are proceeding at their own speed, taking diverse approaches and considering different design features.


The report highlights that there has been a significant increase in experiments and pilot projects involving wholesale CBDCs, particularly in advanced economies, with some emerging markets and developing economies also intensifying their efforts in this area.


“Overall, the likelihood that central banks will issue a wholesale CBDC within the next six years now exceeds the likelihood that they will issue a retail CBDC,” the report

 notes.

Central banks have also enhanced their engagement with stakeholders to inform CBDC design, with many still undecided on specific features, the BIS report details. Interoperability and programmability are frequently considered for wholesale CBDCs, while retail CBDCs are being evaluated for holding limits, interoperability, offline capabilities, and zero remuneration.


Regarding cryptocurrencies, the report states:


On crypto, the survey indicates that, to date, stablecoins are rarely used for payments outside the crypto ecosystem. Moreover, about two out of three responding jurisdictions have or are working on a framework to regulate stablecoins and other cryptoassets.

COMMAND YOUR DAY PRAYER POINTS FOR TODAY WEDNESDAY 29TH, 2024 (+YORUBA EDITION)

COMMAND YOUR DAY PRAYER POINTS FOR TODAY WEDNESDAY 29TH, 2024 (+YORUBA EDITION)


BY OLUSEGUN TIMOTHY O.



READ: PSALM 3 




1 My Father I thank you for the salvation of my soul.


2 this week my goog news, I am available come to me in Jesus name.


3 Heaven of mercy, open over my destiny in Jesus name.


4 Anointing of success and fruitfulness posseis me in Jesus name.


5 Satanic roadblock clear off in my way in Jesus name.


6 Every satanic embargo placed on my work brake in Jesus name. Amen.


                 YORUBA EDITION


1 Oluwa modupe fun igbala okan mi.


2 Ni ose yi, iroyin Ayo mi wamiri ni Oruko Jesu 


3 Orun Anu si sori ayanmo mi ni Oruko Jesu 


4 Ifami ororoyan si ise rere ati ileso gbe mi wo loruko Jesu


5 Idaabu okunkun, e fi ona sile fun mi loruko Jesu.


6 Gbogbo ifowosowopo okunkun lori ise mi tuka loruko Jesu. Amin.


     Jesus is Lord no controversy.


Please Share with others! Thanks!



BY OLUSEGUN TIMOTHY O.



READ: PSALM 3 




1 My Father I thank you for the salvation of my soul.


2 this week my goog news, I am available come to me in Jesus name.


3 Heaven of mercy, open over my destiny in Jesus name.


4 Anointing of success and fruitfulness posseis me in Jesus name.


5 Satanic roadblock clear off in my way in Jesus name.


6 Every satanic embargo placed on my work brake in Jesus name. Amen.


                 YORUBA EDITION


1 Oluwa modupe fun igbala okan mi.


2 Ni ose yi, iroyin Ayo mi wamiri ni Oruko Jesu 


3 Orun Anu si sori ayanmo mi ni Oruko Jesu 


4 Ifami ororoyan si ise rere ati ileso gbe mi wo loruko Jesu


5 Idaabu okunkun, e fi ona sile fun mi loruko Jesu.


6 Gbogbo ifowosowopo okunkun lori ise mi tuka loruko Jesu. Amin.


     Jesus is Lord no controversy.


Please Share with others! Thanks!


EFCC Denies Stopping Service of Charges on Binance Chief

EFCC Denies Stopping Service of Charges on Binance Chief


The Economic and Financial Crimes Commission, EFCC, wishes to react to a news report in a leading national newspaper entitled: “EFCC Stopped Service of Charges on Binance Chief, FIRS Alleges”. The report is untrue, misleading and removed from the facts before the court.


At no time did the court bailiff approach the EFCC to serve any of the Binance executives in its custody with a charge. At the last sitting of the court, counsel to the Federal Inland Revenue Service, FIRS, Moses Ideh, did not lodge such a complaint before the court. He only told the court that the Service was yet to serve the defendants.  


The Commission, therefore, finds the news item preposterous and embarrassing. The public is enjoined to ignore it entirely.

 



Source: EFCC


The Economic and Financial Crimes Commission, EFCC, wishes to react to a news report in a leading national newspaper entitled: “EFCC Stopped Service of Charges on Binance Chief, FIRS Alleges”. The report is untrue, misleading and removed from the facts before the court.


At no time did the court bailiff approach the EFCC to serve any of the Binance executives in its custody with a charge. At the last sitting of the court, counsel to the Federal Inland Revenue Service, FIRS, Moses Ideh, did not lodge such a complaint before the court. He only told the court that the Service was yet to serve the defendants.  


The Commission, therefore, finds the news item preposterous and embarrassing. The public is enjoined to ignore it entirely.

 



Source: EFCC

What is DeSo (Decentralized Social)?

What is DeSo (Decentralized Social)?

It’s like Facebook. But decentralized.


• A Layer-1 blockchain built to decentralize social media applications at scale

• A token supporting BitClout, the crypto social network that allows each creator to have their own tokens that can be bought and sold by followers


Join DeSO now and have your profile set-up

Use cases of DeSo

• Decentralizes the normally centralized data collected by social media applications.
• Puts content and intellectual property ownership back into the hands of creators on social.
• Creates a way for creators to have direct relationships with followers without intermediaries, unlocking new ways to engage and monetize audiences without ads.
Why is DeSo getting attention?

• October 4th, 2021 saw the longest Facebook outage in the company’s history, sparking discussions of more resilient technologies.



History of DeSo

• The DeSo blockchain was created by Nader Al-Naji, who started work on the project in early 2019.
• Al-Naji worked in high-frequency trading at D. E. Shaw and as an engineer on Google Search prior to raising $133 million for Basis, his previous company, which was building a decentralized dollar.
• Al-Naji is also the creator of BitClout, a high-profile social app built on the DeSo blockchain.


Join DeSO now to open your profile



Source: blockchain.com

It’s like Facebook. But decentralized.


• A Layer-1 blockchain built to decentralize social media applications at scale

• A token supporting BitClout, the crypto social network that allows each creator to have their own tokens that can be bought and sold by followers


Join DeSO now and have your profile set-up

Use cases of DeSo

• Decentralizes the normally centralized data collected by social media applications.
• Puts content and intellectual property ownership back into the hands of creators on social.
• Creates a way for creators to have direct relationships with followers without intermediaries, unlocking new ways to engage and monetize audiences without ads.
Why is DeSo getting attention?

• October 4th, 2021 saw the longest Facebook outage in the company’s history, sparking discussions of more resilient technologies.



History of DeSo

• The DeSo blockchain was created by Nader Al-Naji, who started work on the project in early 2019.
• Al-Naji worked in high-frequency trading at D. E. Shaw and as an engineer on Google Search prior to raising $133 million for Basis, his previous company, which was building a decentralized dollar.
• Al-Naji is also the creator of BitClout, a high-profile social app built on the DeSo blockchain.


Join DeSO now to open your profile



Source: blockchain.com

Octane $50m developers fund: How to Apply for Funding

Octane $50m developers fund: How to Apply for Funding






The Octane Fund is a $50 million fund to fuel the already-thriving Decentralized Social developer ecosystem, according to the deso.org.


Learn how to apply for funding today!


Now, armed with $50 million in cash, the Octane Fund will focus on the following initiatives:


Backing founders who are in "idea" stage at very favorable terms. To be considered for this funding, you must ideally build a demo that uses the DeSo blockchain in some way and submit your info to this very short form here.

Backing existing companies that are considering integrating DeSo features into their product. To be considered for this funding, please apply here.

Running multiple global hackathons focused on building out key components of the DeSo ecosystem, with large non-dilutive cash prizes and even larger equity investments for winning projects.

And the Octane Fund is only the beginning. In the coming weeks, we are excited to announce separate initiatives geared toward funding NFT artists on the DeSo blockchain as well as smaller creators via their social tokens. Stay tuned!







The Octane Fund is a $50 million fund to fuel the already-thriving Decentralized Social developer ecosystem, according to the deso.org.


Learn how to apply for funding today!


Now, armed with $50 million in cash, the Octane Fund will focus on the following initiatives:


Backing founders who are in "idea" stage at very favorable terms. To be considered for this funding, you must ideally build a demo that uses the DeSo blockchain in some way and submit your info to this very short form here.

Backing existing companies that are considering integrating DeSo features into their product. To be considered for this funding, please apply here.

Running multiple global hackathons focused on building out key components of the DeSo ecosystem, with large non-dilutive cash prizes and even larger equity investments for winning projects.

And the Octane Fund is only the beginning. In the coming weeks, we are excited to announce separate initiatives geared toward funding NFT artists on the DeSo blockchain as well as smaller creators via their social tokens. Stay tuned!


#DESO: The Octane Fund dedicates $50M to devs building on DeSo, Apply today - @Nader

#DESO: The Octane Fund dedicates $50M to devs building on DeSo, Apply today - @Nader

The big announcement has been made and indeed DeSO is on track of history.

The Octane Fund is a $50 million fund to fuel the already-thriving Decentralized Social developer ecosystem.

 According to deso.org , the DeSo Foundation is committed to supporting the decentralization of social media, with a strong focus on supporting the DeSo blockchain, the first blockchain custom-built to scale social applications to one billion users.

To support its mission, the DeSo Foundation has over $200 million in backing from Sequoia, Social Capital, Andreessen Horowitz, and many others. Now, as our first major initiative, we are proud to announce that we are launching a $50 million developer fund that we're calling The Octane Fund.

Why Octane? Because this fund is all about fueling and accelerating the already-rapid growth of the DeSo developer ecosystem. Even though the DeSo blockchain has only been in beta for six months, there are already over 100 apps building on DeSo, including Flick, created by Nigel Eccles, co-founder and former-CEO of FanDuel, Pulse, backed by Social Capital, and Polygram.cc, a first-class NFT marketplace

Listen to @Nader Sl-Nani, head of DeSO foundation: 








"Until today, there was only one way to run a social network: One company controlling everything. Now there's a new model: Thousands of independent devs building on the DeSo blockchain."

The Octane Fund dedicates $50M to devs building on DeSo. Apply today!

deso.org/blog/a-50-million-fund-to-fuel-the-decentralized-social-developer-ecosystem

Before DeSo, you had to be a cog in the machine to develop new social products, and there were only three apps to work on.

DeSo presents a new model where YOU control your destiny, and where you can build a future that we can't even imagine today.

Let's break free of the machine.

If you have an idea for a new kind of social app, apply to the Octane Fund, and we'll help you start your own social media company.

If you've ever felt like the conglomerates have eaten everything, and there's no room left for a little entrepreneur to compete...

If you've been thinking about starting a company but not sure anyone would support you...

Now is the time.
We're here for you, and we can't wait to see what you build.

docs.deso.org
@Nader concluded.

This announcement is one of it's kind and very earthshaking fothe devs world! 

To put the records straight, it should be noted that before #DeSo emergence, it would be nearly impossible to find funding for a new social media platform/app. 

According to @Krassenstein in his words: "This was because every project would start with 0 data and need to attract users in order to start building data."

"What Deso does is providing every developer on the chain with a firehose of data, and lets them concentrate on the actual development, rather than user acquisition, to build out the data they would need to succeed."
The big announcement has been made and indeed DeSO is on track of history.

The Octane Fund is a $50 million fund to fuel the already-thriving Decentralized Social developer ecosystem.

 According to deso.org , the DeSo Foundation is committed to supporting the decentralization of social media, with a strong focus on supporting the DeSo blockchain, the first blockchain custom-built to scale social applications to one billion users.

To support its mission, the DeSo Foundation has over $200 million in backing from Sequoia, Social Capital, Andreessen Horowitz, and many others. Now, as our first major initiative, we are proud to announce that we are launching a $50 million developer fund that we're calling The Octane Fund.

Why Octane? Because this fund is all about fueling and accelerating the already-rapid growth of the DeSo developer ecosystem. Even though the DeSo blockchain has only been in beta for six months, there are already over 100 apps building on DeSo, including Flick, created by Nigel Eccles, co-founder and former-CEO of FanDuel, Pulse, backed by Social Capital, and Polygram.cc, a first-class NFT marketplace

Listen to @Nader Sl-Nani, head of DeSO foundation: 








"Until today, there was only one way to run a social network: One company controlling everything. Now there's a new model: Thousands of independent devs building on the DeSo blockchain."

The Octane Fund dedicates $50M to devs building on DeSo. Apply today!

deso.org/blog/a-50-million-fund-to-fuel-the-decentralized-social-developer-ecosystem

Before DeSo, you had to be a cog in the machine to develop new social products, and there were only three apps to work on.

DeSo presents a new model where YOU control your destiny, and where you can build a future that we can't even imagine today.

Let's break free of the machine.

If you have an idea for a new kind of social app, apply to the Octane Fund, and we'll help you start your own social media company.

If you've ever felt like the conglomerates have eaten everything, and there's no room left for a little entrepreneur to compete...

If you've been thinking about starting a company but not sure anyone would support you...

Now is the time.
We're here for you, and we can't wait to see what you build.

docs.deso.org
@Nader concluded.

This announcement is one of it's kind and very earthshaking fothe devs world! 

To put the records straight, it should be noted that before #DeSo emergence, it would be nearly impossible to find funding for a new social media platform/app. 

According to @Krassenstein in his words: "This was because every project would start with 0 data and need to attract users in order to start building data."

"What Deso does is providing every developer on the chain with a firehose of data, and lets them concentrate on the actual development, rather than user acquisition, to build out the data they would need to succeed."

Amazing, Native video is here on DeSo Chain

Amazing, Native video is here on DeSo Chain


As a big announcement is underway today for the Decentralized Social media, the future of native video has been added to the DeSO Blockchain.

It looks amazing as @maebeam uploaded the first of it's kind on the DeSo chain.

See the sample here.



As a big announcement is underway today for the Decentralized Social media, the future of native video has been added to the DeSO Blockchain.

It looks amazing as @maebeam uploaded the first of it's kind on the DeSo chain.

See the sample here.


#DESO: MAJOR announcement coming Tuesday October 5th

#DESO: MAJOR announcement coming Tuesday October 5th

@Nader said: A major DeSo announcement is coming Tuesday October 5th. Are you ready for some Octane?




The Decentralized Social Blockchain
DeSo is a new layer-1 blockchain built from the ground up to scale decentralized social applications to one billion users.

Read about clear VISION of DESO
@Nader said: A major DeSo announcement is coming Tuesday October 5th. Are you ready for some Octane?




The Decentralized Social Blockchain
DeSo is a new layer-1 blockchain built from the ground up to scale decentralized social applications to one billion users.

Read about clear VISION of DESO

Keep #DeSo Community safe: List of Authentic and fake #SCAMALERTS

Keep #DeSo Community safe: List of Authentic and fake #SCAMALERTS

 FAKE #SCAMALERT HANDLES


1. @Scam_Identified_DONT_BUY

2. @scam_alert








AUTHENTIC #SCAMALERT HANDLES


1. @SCAM_DETECTED









We will be updating this page as soon as we can confirmed a Scam Alert page to be authentic or fake. Members of the community can also tage @LatestNewsPlus for any suspicious or authentic page of scamer alert page.


Correctly, there are a lot of such pages on DeSO which can't just categorized either as authentic or fake.


But unlike the confirmed authentic page above, they are all out to make profit by destroying other creator coin via false flags without any due diligent search.

They too can and should be flagged and added up here for people to know which is which.



 FAKE #SCAMALERT HANDLES


1. @Scam_Identified_DONT_BUY

2. @scam_alert








AUTHENTIC #SCAMALERT HANDLES


1. @SCAM_DETECTED









We will be updating this page as soon as we can confirmed a Scam Alert page to be authentic or fake. Members of the community can also tage @LatestNewsPlus for any suspicious or authentic page of scamer alert page.


Correctly, there are a lot of such pages on DeSO which can't just categorized either as authentic or fake.


But unlike the confirmed authentic page above, they are all out to make profit by destroying other creator coin via false flags without any due diligent search.

They too can and should be flagged and added up here for people to know which is which.



@LatestNewsPlus on #DESO: @scam_alert apologized, removed the flag, see the messages

@LatestNewsPlus on #DESO: @scam_alert apologized, removed the flag, see the messages





@latestNewsplus: You have until next 60seconds for our conversations here to be published!

6:56 PM

That’ll be enough  

Sold  

Found your article, I haven’t received any notification with @…  

If you sent this article directly to me it would be faster  

Sorry for inconvenience, but there are lots of scammers, I had to check you out  

https://twitter.com/latestnewsplus 

Is this your Twitter?  

Any social media?  

Instagram? 


***"See the earliest conversations





@latestNewsplus: You have until next 60seconds for our conversations here to be published!

6:56 PM

That’ll be enough  

Sold  

Found your article, I haven’t received any notification with @…  

If you sent this article directly to me it would be faster  

Sorry for inconvenience, but there are lots of scammers, I had to check you out  

https://twitter.com/latestnewsplus 

Is this your Twitter?  

Any social media?  

Instagram? 


***"See the earliest conversations

Breaking: @scam_alert flags LatestNewsPlus on #DESO, see the conversations

Breaking: @scam_alert flags LatestNewsPlus on #DESO, see the conversations

 

Thanks for believing in Latest News News coin
Get all your articles published on the LatestNewsPlus and across all our social media platforms.
Visit: latestNewsPlus.com
5:47 PM
Prove that it’s your website
I wrote you a sentence on this email
6:01 PM
Ask for any prove of your choice or forward any of your article for publication
6:02 PM
Tell me what I wrote, that’ll prove that you are the owner of the website
Or better write something about BitClout
And you may delete it after I check it out
In description of your website
6:09 PM
I have published more than two updatea from both #
From both @Diamondhands and @nerda
Check your notification for a tag with @nader publication on LATEST NEWS PLUS now
Or I should just go ahead and published this our conversation?
No yet received any Mail at [email protected]
You have until next 60seconds for our conversations here to be published!

 

Thanks for believing in Latest News News coin
Get all your articles published on the LatestNewsPlus and across all our social media platforms.
Visit: latestNewsPlus.com
5:47 PM
Prove that it’s your website
I wrote you a sentence on this email
6:01 PM
Ask for any prove of your choice or forward any of your article for publication
6:02 PM
Tell me what I wrote, that’ll prove that you are the owner of the website
Or better write something about BitClout
And you may delete it after I check it out
In description of your website
6:09 PM
I have published more than two updatea from both #
From both @Diamondhands and @nerda
Check your notification for a tag with @nader publication on LATEST NEWS PLUS now
Or I should just go ahead and published this our conversation?
No yet received any Mail at [email protected]
You have until next 60seconds for our conversations here to be published!

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