Archive for October 2022
Vertu put up for sale a cryptophone for 41.5 thousand dollars.
Vertu, which manufactures luxury smartphones, has introduced and launched a series of new METAVERTU devices, calling them “the world’s first Web3 phones”. The line includes 10 models priced from $3.3 thousand to $41.5 thousand. The smartphone supports Web2 and Web3 systems, has a built-in crypto wallet and a marketplace of decentralized applications. The device also…
Tether has ceased to be backed by commercial promissory notes
Most of the reserves of the USDT stablecoin are now US Treasury securities. According to the company, these are the safest and most liquid assets on the market Tether has announced that it has completely withdrawn commercial securities (promissory notes, unsecured short-term debt instruments issued by private companies) from the security of the Tether (USDT)…
JPMorgan and Visa cross-border blockchain payments
Visa is working with JPMorgan in the field of blockchain connectivity. Visa B2B Connect will feature JPMorgan’s new Liink Confirm tool for verifying new accounts for cross-border payments and approving accounts during registration. Liink currently has more than 75 members worldwide live and has processed more than 60 million messages so far. Confirmation allows institutions…
India’s Central Bank Plans to Launch Digital Rupee CBDC
The Reserve Bank of India (RBI) aims to raise awareness of CBDCs, which are being developed by a number of central banks around the world, and to clearly define the goals and choices, as well as the potential positive and negative elements of the introduction of the digital rupee in India. The document summarizes the…