|
|
The Central Bank of the Bahamas has announced the launch of the country’s “Sand Dollar,” a state-backed virtual currency touted as being the world’s first central bank digital currency to launch.
As part of a week-long trial involving China’s soon-to-be-launched digital currency, the DCEP, people in the city of Shenzhen have spent 8.8 million yuan (about $1.3 million) with the digital currency.
Hackers from the Darkside ransomware group, which claims to have extorted millions of dollars from various companies, vowed to “make the world a better place” and donated some of the extorted BTC to charities.
Sponsored: Covesting allows its users to browse through hundreds of strategies provided by other traders, and automatically copy their trading activity. With Covesting, you can achieve the same returns as the leading traders on the platform. Top traders earn up to +1700% per month!
Top stories in the Crypto Roundup today:
- World’s First Central Bank Digital Currency Launched in The Bahamas
- Shenzhen Consumers Spend 8.8 Million Digital Yuan in Week-Long DCEP Trial
- Ransomware Hacking Group Donates Extorted Bitcoin to Charity
- WAVES, BTC, TRX Are Moving in the Crypto Market
- Sponsored: PrimeXBT - Discover Covesting and Trade like a Pro! Follow Leading Traders and Profit Together!
|
|
World’s First Central Bank Digital Currency Launched in The Bahamas
|
The Central Bank of the Bahamas has announced the launch of the country’s “Sand Dollar,” a state-backed virtual currency touted as being the world’s first central bank digital currency to launch.
In a Facebook post from Project Sand Dollar, it was detailed the CBDC is now available to all 393,000 residents of The Bahamas. Transactions using the Sand Dollar are made using mobile devices, and residents of the Bahamas can use the digital currency with a “Central Bank approved e-Wallet on their mobile device.” Transaction fees are reportedly “negligible.”
The digital currency is expected to drive greater financial inclusion within the country. It’s worth noting other central banks, including the People’s Bank of China, are currently testing their digital currencies before launching them.
|
Shenzhen Consumers Spend 8.8 Million Digital Yuan in Week-Long DCEP Trial
|
As part of a week-long trial involving China’s soon-to-be-launched digital currency, the DCEP, people in the city of Shenzhen have spent 8.8 million yuan (about $1.3 million) with the digital currency.
Citing information from Shenzhen’s government, the SCMP reports that about 1.9 million applicants sought to take part in the week-long trial, and that in the end it saw “over 47,000 consumers” participate in it. Each received packs of about 200 digital yuan ($30), and a total of 62,000 transactions were conducted.
A total of 901,000 yuan worth of additional credit were also transferred into the official Digital Renmibi app, which isn’t yet available to the public. Those in the wee-long trial are still able to spend any of the extra funds they received at designated shops, even though the trial has ended.
|
Ransomware Hacking Group Donates Extorted Bitcoin to Charity
|
Hackers from the Darkside ransomware group, which claims to have extorted millions of dollars from various companies, vowed to “make the world a better place” and donated some of the extorted BTC to charities.
In a post on the dark web, the group posted receipts of 0.88 BTC ($10,000) donations in bitcoin to two charities: The Water Project and Children International. A spokesperson for Children International, an organization that supports children, families and communities in various countries, revealed it has “no intention of keeping” the donation if the funds were stolen.
In their post, the ransomware group claimed they believed it’s “fair that some of the money the companies have paid will go to charity.” They added:
“No matter how bad you think our work is, we are pleased to know that we helped changed someone’s life. Today we sended (sic) the first donations.”
The funds were donated via The Giving Block. The organization is still trying to work out whether the donated funds were indeed stolen, and if they are it will “begin the work of returning them to the rightful owner.”
|
WAVES, BTC, TRX Are Moving in the Crypto Market
|
There are several tokens leading the charge in the last 24-hour period. Some of these are well-known cryptocurrencies with rather liquid trading pairs, so we’ll be focusing on these over low-cap cryptos who may have higher percentage changes.
Waves (WAVES) – Waves, an open platform for Web 3.0 applications and decentralized solutions, has seen its WAVES token jump 7.5% in the last 24 hours. The jump helped the token’s price surpass the $3 barrier.
Bitcoin (BTC) – The flagship cryptocurrency bitcoin is up 3.77% in the last 24 hours. The move up allowed it to break through the $12,000 mark. While its high was of $12,300 in the last 24-hour period, it’s still trading above $12,150.
TRON (TRX) – TRON’s TRX is up 3.41% in the last 24 hours, after the TRON Foundation and Justin Sun decided to give OKEx users access to unlimited withdrawals at a 1:! Rate of TRX from the exchange, which froze withdrawals this month after one of its private key holders got “out of touch” with the exchange while cooperating with authorities.
|
|
|
|
|
PrimeXBT - Discover Covesting and Trade like a Pro! Follow Leading Traders and Profit Together!
|
Covesting allows its users to browse through hundreds of strategies provided by other traders, and automatically copy their trading activity. With Covesting, you can achieve the same returns as the leading traders on the platform. Top traders earn up to +1700% per month!
Every trader can monetize their skills and earn second income by receiving success fees from their followers. The more followers they will acquire - the more money they’ll make from profitable trading. It's a unique win-win solution for all!
Get your free account today, and enjoy Bitcoin-based margin trading platform which offers access to over 50+ assets including Crypto (Bitcoin, Ethereum, Litecoin, Ripple, EOS), Forex, Commodities (Metals, Oil, Gas), and Indices from a single account. Benefit from privacy, security, liquidity, and 24/7 support!
|
|
|
|
|
State of the Crypto by Top Tier Exchange Volume
|
Build your project with CCDATA
|
|
|
|
Terms
| Privacy
13 Charles II St, SW1Y 4QU
London, UK
This email may include advertisements by third parties. None of the advertised or promoted products and services have been verified or approved by us and this email is not any endorsement by us of the third party or of their products or services.
|
|
|
|
|