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Blockchain technology has been used to pilot Brazil's digital real. Execution took place on the Stellar infrastructure of the local Mercado Bitcoin exchange.
The experiment included a KYC procedure, a fraud protection check using decentralized identity identification, and direct fund transfers.
All worked well, no violations of the country's laws were detected (thankfully, the tests had not yet been banned), though Mercado's head teased that the Central Bank's real motive was to see how things would unfold if it lost its direct control over money. 
The Coinbase exchange presented its own "second layer", which will be called Base. The network is built in cooperation with Optimism.
Welcome to the testnet, where you can test the development of new dexes, wallets, NFTs, landings, and more.
The project's goal is ambitious: to push the industry to 1 billion users. 
Yesterday, the U.S. Securities and Exchange Commission demanded that Kraken shut down its staking service. And today, SEC Commissioner Hester Peirce lashed out at her fellow regulators over their decision on the crypto exchange.
According to Peirce, the SEC should develop transparent registration rules, instead of banning a program that served both investors and companies well.
"Using enforcement actions to tell people what the law is in an emerging industry is not an efficient or fair way of regulating," the commissioner said.
What title is after commissioner? Start a petition! 
Citizenship through the crypto exchange: myth or reality?
Cooperation between cryptocurrency exchanges and some countries has progressed to the point where passing KYC on top trading platforms with a high reputation serves as a guarantee of obtaining digital citizenship. And this is not a joke, but reality. 
Justin Sun, co-founder of the Huobi exchange, expressed his delight at China's decision to levy a tax on cryptocurrency transactions. He believes that this is a sure sign that China is ready to accept the existence of digital assets and ease the pressure on crypto projects.
Even the fact that fiscal authorities require crypto-markets to register users who invest in cryptocurrencies did not dim his joy.
At the same time, he claims that Huobi is registered in the Seychelles and thus is not required to provide customer information.
And Justin Sun dreams that the TRON blockchain will be adopted in China at the national level.
What else is there to say? Justin Sun is like Jean-Claude Van Damme, but for crypto. 
Aave announced the freezing of reserves of the exchange's sole stablecoin BUSD in light of Paxos' move.
Mark Zeller claims that the coin has no chance of developing and that it may harm the project's arbitrage opportunities.
The 26th of February is predicted to be the Doomsday for BUSD on Ave. Which stablecoin will take the place of the coin is yet to be determined. Advantages of demo trading on a crypto exchange
It is psychologically difficult for any novice trader to begin trading on the real market with their first deposit right away. Even if they received training from a very skilled mentor and had the opportunity to put something into practice. Thus, exchanges provide demo trading so that beginners can start trading easily. 
Markus Thielen, Head of Research at Matrixport, believes that the SEC is not targeting stablecoins. The charge against Paxos is indirect. The regulators are planning an attack on Binance, which stored customer funds in the same wallet with its collateral for some in-house tokens.
The regulations require that exchanges' corporate assets must be recorded in separate accounts and cannot form part of the proof-of-reserves calculations.
That's simple: Binance cannot confirm its BUSD reserves. Paxos Trust Company, which is the only issuer of the exchange's stablecoin, serves as a witness in this case, not a defendant.
Has CZ fallen into curly-haired Sam’s trap by mixing up customers' wallets with his own? We find it hard to believe. Hopefully, his accounting skills are way better. 
This time the SEC hits the crypto exchange Kraken over a possible violation of the Securities Act. Incoming CEO Dave Ripley has refused to delist tokens determined as securities under the Howey test and is now having troubles with the SEC.
This case may be settled in the coming days and will make a decisive difference for the entire crypto community. It is also rumored that the SEC intends to ban retail staking.
Genesis and Gemini keep their fingers crossed, as they have already stepped into Kraken's shoes once before. 
Justin Sun, the hype man of the century, is on it again. His Huobi exchange announced the listing of a provocative coin FUD (FTX Users Debt). The developers promise to buy back all the tokens in the future and use these funds to cover FTX's debts.
Amid the announcement, the price of FUD soared by several hundred percent, but it rolled back quickly. There is a probability that the FUD token may become popular. 
Over the last day, Voyager Digital transferred assets worth approximately $9.6 million to Coinbase, Binance US, and Kraken, including 4.9 million VGX, 221,000 LINK, 3,050 ETH, and 270 billion SHIB.
Another interesting fact: one of the addresses has 6.8 trillion SHIB, putting it in 18th place among the largest owners of the meme coins after the transfer.
We've got a riddle for you: you're broke, you need money, the enemy is nearby, so you transfer 270 billion coins to the exchange. Is it for a far-off journey or an inheritance? 
FTX’s lawyers prepared a $445.8 million suit against Voyager Digital, for loan repayments that Alameda made shortly before Voyager went bankrupt.
We have extensively covered this story of "unlove" earlier.
The comedy of the situation is that bankrupt Alameda accuses bankrupt Voyager Digital of using the money of creditor's clients, i.e. Alameda.
But the key point is that Alameda itself granted the loan from the FTX funds, which actually belonged to the customers of the curly-haired swindler's exchange.
Like a drowning swimmer, Sam is dragging everyone down with them. Does he really believe that would help them climb up to the top? 
Aptos development team wallet transferred over 1 million APT (~$20 million) from the main wallet to the Binance exchange. More than 1/3 of the total APT supply ($985 million) remains in the wallet.
If these coins will hit the market, the APT price may undergo a significant correction.
Although APT attracted a lot of attention with a sharp price increase of more than 450% in a month, one should always keep in mind the project is too centralized: 97% of the total supply is held by only 20 wallets. Thus, the price can be easily manipulated.