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Is Cryptocurrency the Answer? Egypt’s Central Bank Limits Daily Cash Withdrawals Amid Coronavirus Crisis

Is Cryptocurrency the Answer? Egypt’s Central Bank Limits Daily Cash Withdrawals Amid Coronavirus Crisis

Egypt is facing a severe cash crunch as the country is feeling the economic pressure of the coronavirus outbreak. The central bank of Egypt has instructed local banks to begin restricting daily withdrawals and has instructed citizens not to withdraw so much money.

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

The Guangzhou Housing Provident Fund Management Center has successfully implemented the usage of the Chinese version of the Central Bank Digital Currency (CBDC), commonly known as the digital Yuan, for housing provident fund loans.

Yuga Labs Acquires Roar Studios to Expand Metaverse Vision

Yuga Labs Acquires Roar Studios to Expand Metaverse Vision

Yuga Labs, known for Bored Ape Yacht Club, has agreed to acquire Roar Studios, enhancing its metaverse vision.

Kraken Halts ACH Deposits and Withdrawals via Silvergate

Kraken Halts ACH Deposits and Withdrawals via Silvergate

Kraken has notified its users that it will no longer support ACH deposits and withdrawals via Silvergate starting from March 27, citing difficulties with the automated clearing house. Kraken has advised its users to use alternative funding options until ACH funding is available again.

Hong Kong's Green Bond Revolution: $10B in Tokenised Carbon Credits on Public Blockchain

Hong Kong's Green Bond Revolution: $10B in Tokenised Carbon Credits on Public Blockchain

Hong Kong leads in green finance with tokenized green bonds and is exploring $10B in tokenized carbon credits. Current projects indicate strong potential for growth.

Fujitsu and Ricex Reveals World’s First Blockchain-Enabled Rice Trading Platform

Fujitsu and Ricex Reveals World’s First Blockchain-Enabled Rice Trading Platform

Fujitsu has revealed its collaboration with Rice Exchange (Ricex), a Switzerland-based startup, for the first-ever blockchain-powered rice trading platform. This move seeks to offer unparalleled traceability, efficiency, transparency, and security to the worldwide rice market worth a whopping $450 billion.

Bitcoin Hodlers Experience Profits on Majority of Trading Days

Bitcoin Hodlers Experience Profits on Majority of Trading Days

Bitcoin's profitability challenges the narrative of depreciating volatility. 88.50% of Bitcoin's tradable days were profitable for hodlers, with just 11.56% being unprofitable. Understanding market cycles is crucial for investors, while some prefer daily trades. General Bytes shut down its cloud services due to a discovered security vulnerability.

Robinhood to Acquire Bitstamp in $200M Deal to Bolster Global Crypto Presence

Robinhood to Acquire Bitstamp in $200M Deal to Bolster Global Crypto Presence

Robinhood's acquisition of Bitstamp aims to expand its crypto offerings and global footprint.

Leveraging YOLOv8 and NVIDIA JetPack 6.0 for Enhanced Traffic Insights

Leveraging YOLOv8 and NVIDIA JetPack 6.0 for Enhanced Traffic Insights

Explore how YOLOv8 and NVIDIA JetPack 6.0 can optimize traffic flow, enhance safety, and promote sustainability in urban environments through Intelligent Transportation Systems.

Hong Kong Monetary Authority Reports 1.1% Increase in May 2024 Deposits

Hong Kong Monetary Authority Reports 1.1% Increase in May 2024 Deposits

The Hong Kong Monetary Authority reported a 1.1% increase in total deposits for May 2024, with notable rises in both Hong Kong dollar and foreign currency deposits.

NVIDIA Kaolin Library Integrates Advanced Elastic Simulation Techniques

NVIDIA Kaolin Library Integrates Advanced Elastic Simulation Techniques

NVIDIA Kaolin Library's latest release introduces Simplicits, enabling advanced elastic simulations on diverse 3D models, enhancing applications in AR/VR, robotics, and more.

Understanding Token Compensation: A Comprehensive Guide

Understanding Token Compensation: A Comprehensive Guide

Explore how tokens fit into compensation strategies, with insights on structuring grants, vesting schedules, and tax considerations.

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