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The Central Bank of the Republic of Turkey (CBRT) has conducted the first payment transactions on the test network of the digital lira. The monetary authority intends to proceed with more testing in 2023 and plans to invite banks and fintech companies to join the trials. Turkey to Widen Participation in Digital Lira Project, Focus on Studying Economic and Legal Aspects Turkey’s monetary authority has successfully carried out the first payment transactions on the Digital Turkish Lira Network, according to an announcement on Thursday. The operations were executed as part of studies during the first phase of the central bank digital currency (CBDC) project. The CBRT also said it will continue to perform pilot tests with technology stakeholders in the first quarter of next year, on a limited scale and in a closed-circuit environment. The findings from these tests will be revealed to the public in a comprehensive evaluation report, it promised. Also in 2023, the Turkish central ...

ETH price bulls struggle as futures remain trading below its fair value, signaling excessive demand for shorts. Ether (ETH) has been ranging near $1,200 since Dec. 17, but an ascending trend has been quietly gaining strength after 50 consecutive days. The pattern points to $1,330 or higher by March 2023, making it essential for bulls to defend the current $1,180 support. Ether/USD 1-day candle chart. Source: TradingView The anxiously awaited migration to a Proof of Stake in September 2022 paved the way for additional layer-2 integration and lower transaction costs overall. Layer-2 technologies such as Optimistic Rollups have the potential to improve Ethereum scalability by 100x and provide off-chain network storage. Developers anticipate that the network upgrades scheduled for 2023 introducing large portable data bundles can boost the capacity of rollups by up to 100x. Moreover, in December 2021, Vitalik Buterin shared that the end game was for Ethereum to act as a base layer, with...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com New crypto project C+Charge is the first platform in the EV charging payments ecosystem that uses carbon credits to reward EV owners for charging their vehicles. Its crypto token is now on presale and can give investors a 10x return. Charge Your EV & Earn The Electric Vehicle (EV) sector is undergoing a huge transformation as people acquire these new vehicles that do not require fuel. However, despite the enormous promise of EVs, there is still the issue of optimal charging. So far, charging stations aren't always evenly distributed, and charging automobiles is expensive and complicated. C+ Charge is a new platform that employs blockchain technology to assist EV owners in charging their cars effectively and earning possible profits. Built on the BNB Smart Chain, C+ Charge is looking to make it easier and more profit...

Join Our Telegram channel to stay up to date on breaking news coverage As the year 2022 approaches its end, selling pressure has become a common theme in the cryptocurrency market. If your goal is to make large returns from the crypto market in a short time, it is best to find promising new cryptos with pioneering visions and ambitious roadmaps. To help you navigate the murky waters of the crypto winter, we present the biggest crypto gainers today with respect price and presale performances. Biggest Crypto Gainers Today Beefy Finance (BIFI) Beefy Finance (BIFI) passes as the first amongst the biggest crypto gainers today flashing a long green candlestick, having gone up 16% in the past 24 hours to trade at $367 at the time of writing. It currently records a market cap of $28.89 million, positioning it at #431 on CoinMarketCap. The yield optimizer takes advantage of the low fees offered by the Binance Smart Chain (BSC) and programmatically automates actions to deliver bet...

KeplerHomes Integrates Chainlink VRF, KeplerHomes is a 3D MMORPG game that combines real-time PVE/PVP, NFT customization and trading, player socialization, and other great features.  By integrating the industry-leading decentralized oracle network. They now have access to a tamper-proof and auditable source of randomness. Needed to select 100 lucky users from the 2,000 users. Who participated in the presale event to receive a $100 bonus. Ultimately this creates a more exciting and transparent user experience, as users now have cryptographic proof of randomness that everyone had a fair chance of winning. As KeplerHomes Integrates Chainlink VRF. In order to thank the community for their support, they have developed a presale participation draw to give back to our users. When the number of participants in the presale reaches 2000, they will randomly select 100 lucky users, each of whom will receive a bonus of $100, totaling $10,000. Users can query the winning status on this page, and the...

Join Our Telegram channel to stay up to date on breaking news coverage RobotEra (TARO) is one of the greatest metaverse project for investors to look into in 2023 due to its low initial price and unique ecosystem. RobotEra is one of the prospective cryptocurrencies that could bring some short-term gains. It has several outstanding characteristics and is a metaverse planet that is reconstructing the robots’ world. The full presale update of RobotEra in the video above, follow his YouTube channel for more crypto presale updates. About RobotEra RobotEra is an interactive metaverse with a futuristic robot theme. As a virtual robot, you enter the RobotEra universe and work alongside other users to create the metaverse. In the metaverse, you can purchase virtual lots on which to construct buildings and then monetize them using the platform’s resources. Players can connect with other players, manage land, build structures, design and create games, collect rewards, ...

Source: AdobeStock / Montri Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Security news Major cryptocurrency mining pool BTC.com suffered a cyberattack on December 3, its parent company BIT Mining Limited announced today. It said that "certain digital assets were stolen," including approximately $700,000 in asset value owned by BTC.com's clients and $2.3 million in asset value owned by the parent company. It reported the incident to law enforcement authorities in Shenzhen, China, it added. Crypto wallet BitKeep confirmed that it was hacked, stating that “it is suspected that some APK package downloads have been hijacked by hackers and installed with code implanted by hackers. If your funds are stolen, the application you download or update may be an unknown version (unofficial release version) hijacked.” It urged the users to...

Bitcoin’s volatility could soon pick up and that may boost buying interest in ETH, TON, XMR, and OKB. Cryptocurrency Markets lack any signs of volatility going into the year-end holiday season. This suggests that both the bulls and the bears are playing it safe and are not waging large bets due to the uncertainty regarding the next directional move. This indecisive phase is unlikely to continue for long because periods of low volatility are generally followed by an increase in volatility. Willy Woo, creator of on-chain analytics resource Woobull, anticipates that the duration of the current bear market may “be longer than 2018 but shorter than 2015.” Crypto market data daily view. Source: Coin360 The crypto winter has resulted in a loss of more than $116 billion to the personal equity of 17 investors and founders in the cryptocurrency space, according to estimates by Forbes. The carnage has been so severe that the names of 10 investors were removed from the crypto billionaire list. ...

Pyongyang. Source: Adobe/Oleg Znamenskiy Hackers sponsored by the North Korean government have stolen over $1 billion worth of digital assets since 2017. South Korea’s main spy agency, the National Intelligence Service, has revealed that North Korean hackers have stolen an estimated 1.5 trillion won ($1.2 billion) in crypto assets over the past five years, according to an  AP News  report.  More than half of that tally, or about 800 billion won ($626 million), have been stolen so far this year. Moreover, more than 100 billion won ($78 million) of the total came from South Korea. The NIS has claimed that North Korea's focus on cybercrime has made the country among the best in the world when it comes to stealing crypto. The country has specifically turned to cybercrimes since 2017 after U.N. economic sanctions were toughened in response to its nuclear and missile tests. The AP report noted that North Korea is using the stolen crypto assets to fund ...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. London, UK, 22nd December, 2022, Chainwire Crypto firm and earn marketplace Choise.com is excited to announce the start of a new initiative, NFT Token Offering (NTO). By launching NTO Collection Choise.com sets out to introduce new mechanics that will fundamentally change the distribution market for tokens and NFTs. NTO is a new type of token distribution that introduces a new asset class concept - overcollateralized NFTs. Each NFT offered via Choise.com NTO is backed by the company’s native CHO tokens that are already actively traded on exchanges. This means that each NFT has actual value behind it. In addition to the tokens, a large number of gifts and prizes, whereby the prize pool is $5 million, are hidden in NFTs.  Choise.com is a leading earning marketplace that has been around since 2017. It offers a uni...

Join Our Telegram channel to stay up to date on breaking news coverage A New York federal judge decided on Thursday to release FTX founder Sam Bankman-Fried on a $250 million bond as he awaits trial on fraud and other criminal allegations. At 2:19 local time, Bankman-Fried left U.S. District Court in Manhattan accompanied by his parents, his legal counsel, and court security. Prosecutors and Bankman-attorneys Fried’s reached an understanding on the conditions of his personal recognizance bond. On January 3, the 30-year-old will appear before Judge Ronnie Abrams in New York City for his subsequent hearing, at which he will be arraigned and asked to enter a plea. A written promise from the accused to show up in court as needed is known as a recognizance bond. In exchange, Bankman-Fried’s team wouldn’t have to fulfill all of the bail’s collateral requirements. The equity in his family’s home plus the signatures of his parents and two other people wh...