As the Asian Games approach, China is witnessing a surge in the adoption of digital yuan payments, with host cities introducing various options for the central bank digital currency (CBDC) in transportation. As reported by Shanghai Securities News, Hangzhou, the host city in Zhejiang Province, is making significant progress in its preparations. Originally scheduled for September of the previous year, the games had to be postponed by a year due to the global impact of the coronavirus pandemic.To facilitate seamless transactions, the People’s Bank of China (PBoC) has recently enhanced its offic

 In a remarkable turnaround from the previous year’s market slump, XRP, the cryptocurrency at the center of a legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), has surged in value, adding nearly $3 billion to its market capitalization. This resurgence has attracted the attention of investors, especially considering the broader recovery of the crypto market.XRP Surpasses $0.5 Mark:Over the past week, the value of XRP has experienced a notable 11% increase, surpassing the significant milestone of $0.5. As of writing, the cryptocurrency is currently trading at $0.

Hayden Adams, the creator of the Uniswap protocol and CEO of Uniswap Labs, recently expressed his surprise on Twitter regarding a scam where individuals created a fake Uniswap website.In a tweet, Adams indicated his astonishment at the elaborate nature of the scam, emphasizing that it required a significant amount of effort. He further disclosed that the scammers had incorporated Chinese community content into their scheme and even included links directing users to the legitimate Uniswap app on their deceptive website.To add an extra layer of credibility to their scheme, the scammers went to g

In a noteworthy development for the cryptocurrency market, the trading volume of centralized exchanges experienced a substantial decline in May 2023, reaching its lowest point since October 2020. According to data from The Block, this decline amounted to a staggering $440 billion, reflecting a notable 27% decrease from the previous month. What is the reason? How is this going to impact you, the investor? We’ve covered it all. Read on!Growing Trust IssuesOne of the primary factors contributing to this decline is the mounting concern surrounding trust issues associated with centralized exchanges

The global cryptocurrency market cap now stands at $1.15T, up by 0.22% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $26,861 and $27,300 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $27,143, up by 0.08%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include AMB, JST, and LEVER, up by 60%, 22%, and 18%, respectively.Top stories of the day:Net Bitcoin ATMs Record an Increase After 4 Months of Global DowntrendMicrosoft Pens AI Cloud Computing Deal With Former Ethereum Miner CoreWeave: CNBCDemoc

Fear and Greed Index daily updateToday’s Fear & Greed Index is 53, the level is Neutral.  According to Alternative.me, the Crypto Fear and Greed Index stands at 53 (noon, UTC+0), landing in the “neutral” segment. This signifies a neutral level of optimism among the majority of cryptocurrency investors.Compared to yesterday, the level of Greed had a slight increase from 50 to 53. Throughout last week, the index fluctuated between 48 and 53 indicating an increase in the level of Greed.The Fear & Greed index is measured from 0 to 100, with 0 representing "Extreme Fear" and 100 representing "Extre

The Sweat Economy team has revealed that they would be launching their Minting Pause tokenomics approach to stop idle users from minting tokens.Sweat Economy, the brand behind the most popular health & fitness app Sweatcoin and top dApp Sweat Wallet, has announced the launching of its groundbreaking "Minting Pause" feature in the next few weeks.In a press release shared with Cryptowisser, the team said this latest development makes Sweat Economy the first move-to-earn project to stop idle users from minting tokens.The update is designed to motivate users to be more physically active, and more

 BLEND’s introduction catalyzed Blur’s unprecedented total value-locked (TVL) growth.BLEND’s rapid adoption underscores its value to the Blur ecosystem.Blur, a decentralized finance (DeFi) platform, recently announced via its official Twitter account that it had hit a new milestone. According to the tweet, the total value locked (TVL) in Blur has reached an unprecedented all-time high of $160.82 million.   Blur TVL has reached a new all time high of $160.82 million!Important announcements are coming soon.STAY TUNED — Blur (@blur_io)   June 2, 2023  This remarkable achievement has sparked ex

 Vitalik Buterin and StarkWare invest in Kakarot, an EVM implementation on Starknet.Kakarot zkEVM is built on CairoVM, enabling compatibility with Ethereum applications.Kakarot intends to leverage Ethereum's security while maintaining low costs through STARK proofs.Ethereum co-founder Vitalik Buterin and blockchain scaling enterprise StarkWare are championing a new entrant in the blockchain arena - Kakarot, an Ethereum Virtual Machine (EVM) on Starknet. The participation in Kakarot's pre-seed funding round signals a strong vote of confidence in this venture, the specifics of which remain undis

Breaking the year-long trend of declining Bitcoin (BTC) and crypto ATMs across the globe, May recorded a steep increase in net installations with nearly 1,400 machines.The total number of crypto ATMs witnessed a consistent decline for the first four months of 2023. During the timeframe, while major economies including the United States and Europe contributed to the dwindling numbers, Australia, Poland and Spain amped up crypto ATM installations in their respective regions.A histogram chart showing net change of cryptocurrency machines number installed and removed monthly. Source: Coin ATM Rada