The European Commission has formally opened a tender process to boost the development of its EBSI blockchain network, while German bank Bankhaus von der Heydt (BVDH) has issued its first stablecoin on Stellar. These and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
📍 In a release In a press release, the European Commission announced that a tendering process for the pre-commercial procurement (PCP) of the network has been officially launched. blockchain EBSI of the European Union. This process, which will be under the supervision of European Blockchain Partnership (EBP), one of the organizations responsible for developing the blockchain network, seeks to integrate new technical capabilities for the future version of EBSI that exceed the capabilities of blockchain networks that exist today.
The European Commission is committed to providing excellent and quality cross-border online public services to all citizens of the European Union.
📍The Bank House von der Heydt (BVDH), one of the oldest German-origin banks in Europe, has just launched its first stablecoinCalled EURB, which maintains parity with the euro. The new stablecoin is based on the blockchain Stellar and allows new products and services to be provided to the bank's customers and users.
In release published by Stellar, the company reveals that it is the first stablecoin issued directly by a banking institution on the Stellar network and The first of its kind in Europe's crypto market.
📍 A report de coinshares reveals that the exchanges and exchanges of cryptocurrencies, are seeing an incredible surge in their cryptocurrency inflows as gold market cap declines.
The report reveals that gold has suffered one of the largest outflows of investment products, with a record $9.200 billion in the last four weeks, while Bitcoin saw inflows totaling $1.400 billion in the same period. CoinShares also notes that investor interest in cryptocurrencies has Ethereum is also growing, with admissions worth $87 million this week.
📍 WOXZ, token native to the blockchain project EFFORCE by Steve Wozniak, has grown by more than 2.400% since its launch and since it was listed on the cryptocurrency exchange HBTC.comThe initial price of this token was $0,10 USD, and as of the date of this publication it has already reached a value of $3,18 USD per unit.
This token was also listing on the cryptocurrency exchange Bithumb starting yesterday, December 9th.
📍 Cain Warwick, CEO of the decentralized finance protocol (DeFi) Synthetix and also a network validator Ethereum 2.0, was penalized for “unplugging” his equipment. Warwick claimed that it may have been his young son who accidentally turned off his ETH 2.0 node in the last week, so he has lost ETH, although luckily it was a negligible amount.
Warwick posted the incident as a way to alert the rest of the network's validators to be aware of the risks of doing staking in Ethereum 2.0, as the network implements a mechanism known as "slashing"to penalize those who disconnect from the network and do not do their job properly.
(I.e. Elliptic, a leading company in blockchain analysis, published a recent report where it reveals that financial crimes are increasing due to the number of users who now choose to use wallets privacy for anti-money laundering and money laundering.
“Hundreds of millions of dollars in criminal proceeds have been sent through privacy wallets like Wasabi Wallet… making it difficult to track the flow of illicit funds through the blockchain.”
Elliptic's report also reveals that financial crimes involving Bitcoin have declined significantly compared to levels seen in 2012.
📍 Executives of JPMorgan They point out that clients and users of banking and financial services are increasingly demanding that institutions and banks demonstrate protection and cybersecurity measures to safeguard their funds.
David Leach, head of cybersecurity and technology control at JPMorgan Chase in Asia and the Pacific, said during a conference that entities that cannot demonstrate a solid cybersecurity capacity are at a disadvantage compared to others that do. It seems that users and clients of these services are increasingly aware of the potential danger that their funds on digital platforms or connected to the Internet may be at, so the level of cybersecurity demand is increasing and banking and financial entities must be prepared to meet this growing need.
Continue reading: New AML compliance certificate for Fintech companies
