One of the pressing issues in education is fake credentials. On May 18, the Washington Post reported that there are about 2,800 people who purchased their credentials without attending the proper classes. They were able to pass the National Council Licensure Examination in the United States. Authorities are now trying to find these people.Continue Reading on Coin Telegraph More
In an effort to modernize its financial systems and expand lending options, banks in Zimbabwe are considering the use of the newly released gold-backed digital tokens as collateral for loans.This move comes as the country’s central bank aims to establish a digital currency that can be used for everyday transactions, prompting financial institutions to adapt their systems to accommodate this innovative form of payment.In a recent email response to Bloomberg, the Bankers Association of Zimbabwe expressed its support for adopting the gold-backed digital tokens. According to the association, lenders will need to incorporate a third currency into their existing systems to facilitate the acceptance of these tokens as a means of repayment.Also, the association said in the statement:Last week, Zimbabwe’s central bank received 135 applications for the purchase of the newly released tokens. This amounts to a total value of 14 billion Zimbabwe dollars, equivalent to 11 million US dollars.Furthermore, the tokens are backed by the country’s gold reserves, which currently stand at 140 kilograms or 309 pounds. In a subsequent auction held on Thursday, tokens worth over 71 kilograms of gold were sold.Notably, the Bahamas, Singapore, India, and Nigeria have already launched digital currencies backed by their respective central banks. On the other hand, the United Kingdom is seeking public input on a central bank digital currency (CBDC).The post Zimbabwe Banks Explore Gold-backed Digital Tokens as Loan Collateral appeared first on Coin Edition.See original on CoinEdition More
The latest and greatest games are built with players’ evolving needs in mind, taking into account the popular genres that captivate the public, such as stealth and battle royale. On top of those, Last Remains is also looking to throw a zombie twist into the Web3 gaming scene.Continue Reading on Coin Telegraph More
Yesterday, the Shiba Inu team took to Twitter to share the announcement about the upcoming pre-order availability of the SHIB-themed Tangem cold wallet on 29 May 2023. Lucie, a SHIB content marketing specialist, also chimed in with a separate tweet, emphasizing the affordability and ease of use of these wallets for SHIB holders.The Twitter user further highlighted the key advantages of the Tangem Wallet, showcasing its reliability and security as some of its standout features. With a robust Samsung (KS:005930) element, the wallet is designed to withstand extreme temperatures ranging from -35 to 50 degrees Celsius for an impressive 50-year duration. Its IP68 certification verifies its durability.In addition to this, Lucie highlighted the fact that security is a top priority with the Tangem Wallet, proven by its EAL6+ certification and NFC technology, which effectively safeguard users against cyber-attacks. For added peace of mind, the wallet offers a backup card option, ensuring that you won’t lose access to your crypto assets.SHIB price (Source: CoinMarketCap)Despite this exciting announcement for SHIB, CoinMarketCap indicated a slight 1.02% drop in the price of the meme coin over the past 24 hours. As a result, SHIB was trading hands at $0.000008689 at press time, positioning its price between its daily high of $0.00000882 and its daily low of $0.000008526.Despite the recent price drop, SHIB managed to maintain a positive weekly performance, with a 1% increase over the past seven days. However, in the hour leading up to press time, the crypto experienced a loss of 0.09%.Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.The post SHIB Team Announces New SHIB-Themed Tangem Cold Wallets appeared first on Coin Edition.See original on CoinEdition More
The digital Hong Kong dollar will start off with six potential uses cases; comprehensive payments, programmable payments, offline payments, tokenized deposits, Web 3.0 transaction settlements, and tokenized asset settlements. The CBDC is scheduled for a three-stage approach, with the novel pilot program being an important aspect of the second stage.Continue Reading on Coin Telegraph More
The eNaira was the world’s second CBDC, premiering in October 2021, after the Bahamian Sand Dollar. The paper found the eNaira’s retail side was intermediated, but had no problems with latency, as it has yet to make its breakthrough beyond its initial adopters. The Central Bank of Nigeria introduced a phased introduction, which put off two of the CBDC’s biggest goals, extending financial inclusion to the unbanked and facilitating remittances, according to IMF officials. Continue Reading on Coin Telegraph More
Ledger chief technology officer Charles Guillemet clarified in a new Twitter thread that the wallet’s operating system (OS) requires the consent of the user anytime “a private key is touched by the OS.” In other words, the OS shouldn’t be able to copy the device’s private key without the user’s consent — though Guillemet also said that using a Ledger does require “a minimal amount of trust.”Continue Reading on Coin Telegraph More
The bank will offer digital asset trading, custody and management among digital banking services. According to Bloomberg, the Central Bank of Bahrain has granted the bank “in principle approval” pending fulfillment of all requirements. Continue Reading on Coin Telegraph More
