In light of an executive order<\/a> signed by President Biden in September - ensuring responsible development of digital assets \u2013 the U.S. Congress is treading cautiously on the matter. The Members of the House Committee on Financial Services have asked the Fed to clarify their role in CBDC and the impact on the private sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> Mexico Central Bank To Issue A CBDC By 2025<\/a><\/p>\n","post_title":"US Banks Partner With NY Fed For CBDC Blockchain Pilot","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-banks-partner-with-ny-fed-for-cbdc-blockchain-pilot","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/","post_modified":"2023-04-10 18:38:51","post_modified_gmt":"2023-04-10 08:38:51","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8379","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8357,"post_author":"2","post_date":"2022-11-14 18:52:21","post_date_gmt":"2022-11-14 07:52:21","post_content":"\n Seoul, South Korea, 14th November, 2022, Chainwire<\/strong><\/span><\/p> ARGOS<\/a> ID is delighted to introduce the world\u2019s first Travel Rule solution for crypto wallets. The service brings full coverage on verifying unhosted wallets which virtual asset service providers(VASPs) find challenging in the current stage.<\/p>\n As of the FATF guidance on verifying the originator and beneficiary information on virtual asset transactions, knowing the identities of the crypto wallet holders have been required. In order to comply with the FATF\u2019s guidance regarding unhosted wallets, jurisdictions have started applying enforcement and supervisory measures to local VASPs.<\/p>\n To jurisdictions looking for a simplified Travel Rule solution, especially for personal crypto wallets, ARGOS ID plays a key role. ARGOS ID brings the following benefits to VASPs:<\/p>\n Easy connection to unhosted wallets<\/b><\/p>\n With ARGOS ID, crypto wallet holders can easily verify the information of their multiple crypto wallets. Creating a crypto wallet is done without submitting any personal information. In order to verify the holder of the crypto wallet, it is necessary to verify the identity information of the wallet holder. ARGOS ID helps on identifying the unhosted wallet users to both the originator and the beneficiary.<\/p>\n After the creation of the ARGOS ID users can connect to multiple crypto wallets such as MetaMask, Phantom, WalletConnect, and more with just a one-time identity verification process(KYC).<\/p>\n Digital ID suitable for Web 3 environment<\/b><\/p>\n ARGOS ID provides an ideal environment where individuals can manage information by themselves. It is suitable for the Web 3 environment as ARGOS ID users can decide which information to delete or revise after completing crypto wallet verification. Information includes SNS login, verified crypto wallet, and photos submitted for ID and selfie during the KYC. The owner of the wallet can manage his or her personal information as ARGOS ID is a self-sovereign digital ID.<\/p>\n Simplified procedure for verifying multiple personal wallets<\/b><\/p>\n Connect multiple crypto wallets with one-time KYC (Know Your Customer). The KYC process must be completed after creating ARGOS ID. Currently, ARGOS ID supports 5 blockchain networks - Ethereum, Solana, Binance Smart Chain, Polygon, and Klaytn - and more will be added in the future.<\/p>\n Post creating ARGOS ID with social login, KYC is performed. Once KYC is completed, multiple crypto wallets such as MetaMask, Phantom, and WalletConnect can get connected and verified through ARGOS ID.<\/p>\n ARGOS ID lets virtual asset transactions be possible for a third party, which means sending the virtual asset to non-VASP customers is also possible. For example, when a VASP customer wishes to send virtual assets to a third party, a person who is not a VASP customer, ARGOS ID can also be applied. Crypto wallet verification is available with ARGOS ID to both VASP customers and non-customers.<\/p>\n Once both crypto wallets are verified, exchanging virtual assets between customers and non-customers becomes possible. As both the sender's crypto wallet and the receiver\u2019s wallet have been verified including KYC, it is expected to alleviate the inconvenience of numerous virtual asset exchanges in the current stage.<\/p>\n ARGOS ID is a digital ID suitable for the Web 3 environment. Apply ARGOS ID solutions to your service as it supports you in meeting regulatory compliance on sending and receiving virtual assets. Safely secure the necessary sender's and receiver\u2019s information with ARGOS ID. With simple API and Web SDK, get ARGOS ID in your service ready without any delay. Experience the simple, fast, and easy integration.<\/p>\n ARGOS has started the business aiming to provide seamless KYC. With the advent of Web 3 and the rise in the crypto industry, ARGOS has expanded its business into ARGOS ID. ARGOS ID aims at providing a Travel Rule solution for verifying unhosted wallets. Make Unhosted Wallets Compliant.<\/p>\n For more information, visit:<\/b> Website<\/a> | Twitter<\/a> \u00a0| LinkedIn<\/a> \u00a0| Medium<\/a>\u00a0<\/p>\n https:\/\/www.argosid.one<\/a><\/p> Lausanne, Switzerland, 9th November, 2022, Chainwire<\/strong><\/span><\/p> KuCoin has announced it will list AirDAO's $AMB token with a USDT pair on November 9th.<\/b><\/p>\n The announcement gives KuCoin's 25 million global users the opportunity to participate in AirDAO's up-and-coming DeFi ecosystem, boosting its rapidly growing international community and marking another exciting exchange listing for AirDAO<\/a>. KuCoin is running a Net Holding competition as part of the events surrounding the listing, with $30,000 in $AMB tokens up for grabs for participants. Also, KuCoin will launch a Twitter airdrop and a participation reward campaign to promote the listing. AirDAO's multichain capabilities have expanded with the recent release of the Ethereum Bridge, complementing the BNB Smart Chain Bridge and enabling users to transfer crypto assets from Ethereum to AMB-NET. The Ethereum Bridge marks a giant leap towards AirDAO being an all-in-one, multichain DeFi dashboard and is a landmark update for the nascent ecosystem.<\/p> About KuCoin\u00a0<\/p>\n Since its founding in 2017, KuCoin has rapidly expanded from its original seven co-founders to a global team of over 1,000 employees. Along with the fast growth in the number of users and the team, the cumulative trading volume of the KuCoin platform has exceeded $2 trillion, with the highest single-day trading volume exceeding $30 billion. Kucoin leverages cutting-edge technologies to create useful services to improve accessibility to the blockchain revolution \u2014 an alignment of interests with AirDAO's vision for a user-friendly, powerful crypto dashboard that opens Web3 to the world.<\/p> For more information::<\/p>\n airdao.io<\/a>\u00a0<\/p>\n Telegram<\/a>\u00a0<\/p>\n Twitter <\/a>\u00a0<\/p> Grand Cayman, Cayman Islands, 8th November, 2022, Chainwire<\/strong><\/span><\/p> MarginX<\/a>, the world\u2019s first community-based decentralized exchange (DEX), launches on the Function X blockchain today. It runs on a first-of-its-kind multi-chain and on-chain infrastructure that allows investors to trade with close to zero gas fees, ultra-high throughput and liquidity, and full ownership and transparency. <\/p> During its beta test in August this year, the DEX accumulated a total transaction volume of more than 45 billion USDT. Currently, with a small group of invited users, the number of transactions on MarginX continues to steadily climb past 48 million, with the most updated numbers found on the Function X StarScan (https:\/\/starscan.io\/<\/u><\/a>).<\/p> MarginX: A Truly Decentralized DEX for the Community<\/b><\/p>\n As the world\u2019s first community-based DEX, MarginX is committed to being a contributor-driven, fully decentralized blockchain infrastructure. To further elaborate, the DEX can be defined by the following key features:<\/p>\n In addition, in never-before-seen DEX style, MarginX offers a paper trading platform (https:\/\/demo.marginx.io<\/u><\/a>) that runs parallel to its live trading platform. This is to allow new users to learn with ease using test tokens, in order to trade confidently in the real world.<\/p>\n Currently, MarginX facilitates the trading of cryptocurrency-based perpetual contracts for BTC, ETH and FX. In keeping consistent with the values of community and ownership, MarginX will not involve any ICO, IEO, token sale or NFT sale<\/b>, so as to level the playing field for all.<\/p> For more information, please refer to our media kit (<\/i>https:\/\/bit.ly\/mxmedia<\/i><\/u><\/a>) or our website (<\/i>https:\/\/marginx.io<\/i><\/u><\/a>). <\/i> MarginX is the world\u2019s first community-based decentralized exchange built on the Function X network, and running via a multi-chain and on-chain infrastructure. It aims to bridge the traditional financial markets and cryptocurrency world by providing a platform where investors can buy, sell and create derivative products of any financial asset, and where every stakeholder has a say in the future of the platform.<\/p> Sibiu, Romania, 4th November, 2022, Chainwire<\/strong><\/span><\/p> Elrond, the startup building internet scale blockchain technology, announces its transformation into MultiversX. The company thus expands its mission of building the new internet economy to include the digital meta-space frontier.<\/p>\n The metaverse-forward company introduces three new products as the pillars for its evolution.<\/p>\n \u201cIncredible amounts of creative energy are being poured into multiple compelling metaverse visions.\u201d <\/i>said Beniamin Mincu, CEO and founder of MultiversX <\/b>(formerly Elrond Network). \u201cMultiversX is building the collaborative framework and composable toolkit to set up the stage for a positive sum game of enormous stakes. For reimagining the entire spectrum of human experience and for reinventing the frontend of every business vertical.\u201d<\/i><\/p> MultiversX will continue to build on the remarkable success of the Elrond Network, technology, community and ecosystem. It will continue to advance the groundbreaking scalable blockchain protocol and tools on the mission of proliferating Web3 technology. <\/p> Furthermore, it will expand and broaden the original scope and create the unique opportunity for its millions of users and vibrant ecosystem to lead the once-in-a-generation societal shift towards the metaverse.<\/p> The momentous transformation will unfold over a 3 day event at the Brongniart palace in Paris, where Jean-Noel Barrot, French Minister for Digital Transition and Telecommunications, \u00a0Sebastian Burduja, Romanian Minister of Research, Innovation, and Digitalization<\/b>, and important Industry leaders from finance, blockchain, Web3 and the Metaverse, will be introduced to the broadened MultiversX scope, products and path forward. Vilnius, Lithuania, 4th November, 2022, Chainwire<\/strong><\/span><\/p> Web3 app WeSleep has launched with the promise of daily rewards for users who pursue a healthy and active lifestyle. Dubbed a sleep-to-earn app, WeSleep utilizes clever tokenomics to incentivize positive behaviors.<\/p>\n WeSleep is a sleep-to-earn Web3 app that incentivizes users to pursue a healthy and active lifestyle on a daily basis.<\/i><\/p>\n \u2022 A Sleepie is a unique NFT that can be bought to allow rewards, in the form of $ZZZ tokens, to be passively generated while asleep. These tokens can be swapped to $BUSD using the in-app swap system. Or a user may choose to invest his earnings inside a staking pool to generate additional rewards.<\/p> \u2022 Users can augment their earnings by leveling up their Sleepies or their profile itself. To level up a profile, a certain amount of Moons will be required which can be collected by completing daily tasks such as \u201cwalk 1000 steps\u201d. Additionally, leveling up a Sleepie can increase its attributes. Each Sleepie has different attributes such as \u201cLuck - chance of getting a mystery box after sleep\u201d. In addition to physical fitness, WeSleep also focuses on improving a person\u2019s mental health just as well. These three core NFTs act as the engine behind the WeSleep P2E economy. About WeSleep<\/b><\/p>\n WeSleep is a Web3 app with inbuilt Game-Fi elements rewarding users for their sleep time as well as healthy and active lifestyle on a daily basis, setting the foundation for an exciting Sleep to Earn approach.<\/p>\n As people continue to become increasingly health-conscious, WeSleep aims to place itself at the forefront of all health & lifestyle mobile apps.<\/p>\n For more information, visit: \u00a0\u00a0<\/p>\nVirtual asset transactions available to the Third Party<\/b><\/h3>\n
About ARGOS<\/b><\/h3>\n
Contact<\/h5>Marketing Manager<\/strong>
<\/span>Jieun Lina Kim<\/strong>
<\/span>Fullstack Inc.<\/strong>
<\/span>[email protected]<\/strong>
<\/span>82-10-6480-3423<\/strong>
<\/span>\n","post_title":"ARGOS ID presents the World\u2019s First Travel Rule Solution for Unhosted Wallets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"argos-id-presents-the-worlds-first-travel-rule-solution-for-unhosted-wallets","to_ping":"","pinged":"","post_modified":"2022-11-14 18:52:21","post_modified_gmt":"2022-11-14 07:52:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8357","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8226,"post_author":"2","post_date":"2022-11-09 21:04:24","post_date_gmt":"2022-11-09 10:04:24","post_content":"\n
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\nPreviously known as Ambrosus, AirDAO<\/a> is the first DAO to govern a layer-one blockchain. The flagship AirDAO Dashboard simplifies the complexity of DeFi trading into a single intuitive interface of cutting-edge Decentralized Applications (dApps) running on the Ambrosus Network (AMB-NET) \u2014 a fast, ultra-secure, layer-one blockchain with low-cost transactions.<\/p>
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\nContact<\/h5>Marketing Manager<\/strong>
<\/span>Lena Kail<\/strong>
<\/span>AirDAO<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"KuCoin lists AirDAO's $AMB token with a $USDT pair","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"kucoin-lists-airdaos-amb-token-with-a-usdt-pair","to_ping":"","pinged":"","post_modified":"2022-11-09 21:04:24","post_modified_gmt":"2022-11-09 10:04:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8226","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8187,"post_author":"2","post_date":"2022-11-09 03:05:36","post_date_gmt":"2022-11-08 16:05:36","post_content":"\n
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\n\u201cToday marks a milestone for not just MarginX but the DeFi ecosystem, as we push forth the notion of true decentralization, and uphold the values of community and ownership through our unique DEX infrastructure,\u201d said Dr. Danny Lim, Core Contributor of MarginX. \u201cWe are thrilled to be building on the Function X blockchain, as it provides us with the multi-chain architecture and EVM compatibility that sets the right DeFi environment for MarginX and its future DeFi protocols.\u201d<\/blockquote>\n
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\nMarginX runs on a multi-chain, cross-chain and para-chain infrastructure that allows the platform to handle a throughput of 2,000\u201320,000 transactions per block, while reducing congestion in the blockchain \u2014 thereby maintaining gas fees as low as 0.003 USDT and transaction fees as low as 0.04%.
\n<\/li>\n
\nFunds are traded through non-custodial wallets, and all transactions take place on-chain so they are secure, verifiable and transparent. Currently, MarginX supports f(x)Wallet and is designed to support all decentralized wallets (i.e. MetaMask, Trust Wallet) through WalletConnect in the near future.
\n<\/li>\n
\n<\/b>All transactions run on-chain and are recorded on the blockchain. These include not just order matching, creation and cancellation, but also funding rate settlement, liquidation, and governance. Anybody can track and scrutinize these records, forming a fair system of checks and balances.
\n<\/li>\n
\nMarginX lays the foundation for where other DeFi products can be built upon, including stock-based derivatives or traditional financial assets. The DEX allows anyone to design and build their own DeFi products on the blockchain, and offers tools that bridge the old and new traders of the financial world.
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\nAt MarginX, every stakeholder, whether a developer, community manager, or trader, has a say through its governance framework. The MarginX utility NFT system also determines each user\u2019s voting rights, trading rebates and referral fees, which builds a sense of community, and offers users an additional and perpetual source of yield.<\/li>\n<\/ol>\n
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\n\u201cOur goal is to have people think about MarginX as more than just a DEX \u2014 it is an entire infrastructure on which DeFi protocols can be built upon,\u201d said Dr. Shin Liang Chin, Core Contributor of MarginX. \u201cThe sky is the limit when it comes to future partnerships and developments, and we are excited to be at the helm of such a direction for the industry. We hope to make finance more accessible, more transparent and more secure for everyone through the use of blockchain technologies.\u201d<\/blockquote>\n
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\nAbout MarginX<\/b><\/p>\nContact<\/h5>Marketing & Communications Lead<\/strong>
<\/span>Dione Chen<\/strong>
<\/span>MarginX<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"MarginX, World's First Community-Based Decentralized Exchange, Launches on Function X Blockchain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"marginx-worlds-first-community-based-decentralized-exchange-launches-on-function-x-blockchain","to_ping":"","pinged":"","post_modified":"2022-11-09 03:05:36","post_modified_gmt":"2022-11-08 16:05:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8187","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8129,"post_author":"2","post_date":"2022-11-05 03:31:13","post_date_gmt":"2022-11-04 16:31:13","post_content":"\n
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\nhttps:\/\/multiversx.com<\/u><\/a><\/p>Contact<\/h5>Head of Marketing<\/strong>
<\/span>Dan Voicu<\/strong>
<\/span>MultiversX<\/strong>
<\/span>[email protected]<\/strong>
<\/span>+40 (742) 684 900<\/strong>
<\/span>\n","post_title":"Elrond Transforms Into MultiversX, Launches 3 New Metaverse Products","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"elrond-transforms-into-multiversx-launches-3-new-metaverse-products","to_ping":"","pinged":"","post_modified":"2022-11-05 03:31:13","post_modified_gmt":"2022-11-04 16:31:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8129","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8125,"post_author":"2","post_date":"2022-11-05 03:01:16","post_date_gmt":"2022-11-04 16:01:16","post_content":"\n
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\n\u2022 Several features have been implemented to incentivize a healthier lifestyle such as increased rewards for keeping a regular sleeping schedule throughout the week. <\/p>
\n\u201cSleep plays a crucial role in an individual\u2019s overall health and well-being. A lack of it can cause countless health problems. What we\u2019re doing with WeSleep is encouraging people to track their sleep habits and earn rewards for getting enough rest\u201d , said <\/i>Vaibhav, Co-Founder of WeSleep\u00a0<\/blockquote>\n
\n![\"\"](\"https:\/\/www.thedistributed.co\/wp-content\/uploads\/2022\/11\/test_1667501834U1gL0daG6O.jpg\")
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\nSleeping has numerous psychological benefits. But recent studies have now proven that adhering to a daily routine can significantly reduce procrastination and depression. For that reason, WeSleep aims to send their users daily tasks and surprise mystery boxes which can add to an entertaining, game-like experience.
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\nMystery boxes are NFTs that can include sleeping pills (another NFT), $ZZZ, and\/or $WEZ. Once sleeping pills have been activated, the attribute of a Sleepie NFT can be temporarily or permanently boosted so that Sleepers can monetize their sleep more efficiently and make the most out of the dual token system.
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\nAnd if a Sleeper is unwilling to use any of their three NFTs, there is an option to list the NFTs for sale on the internal NFT marketplace. Or instead of selling their NFTs on the marketplace, sleepers can also buy sleeping pills to improve attributes, Sleepies to increase sleeping rewards, and mystery boxes to unlock a new item.<\/p>\n
\n![\"\"](\"https:\/\/www.thedistributed.co\/wp-content\/uploads\/2022\/11\/test_1667492870uJappXwX80.jpg\")
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\nWith creativity, users can devise sophisticated strategies that not only maximize sleeping rewards but also leverage the marketplace to its full extent. For example, a user may choose to have their Sleepies breed with one another and produce a new Sleepie NFT.
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\nThis Sleepie will help fill up and monetize all unused inventory slots. Using all these nuanced features, a player can potentially do a lot more than just sleep and earn.
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\nRecently, WeSleep launched its Private Sale<\/u><\/a> program and is currently accepting requests from investors who wish to be allotted governance tokens in the form of $WEZ.<\/p>\n
\n\u201cWe have a lot of people on board to bring this project to fruition, a full development team including applications, smart contracts, backend and frontend, a TOP 7 NFT artist (Voted on Inspect), co-founders who successfully launched previous crypto projects as well as experienced advisors who are guiding WeSleep into the right direction. We\u2019ve collaborated to bring something innovative and exciting to the forefront, ultimately providing people with a way to collect and earn rewards from something as simple as getting enough rest at night and following a healthy lifestyle. It\u2019s a fun, distinctive opportunity that anyone can get involved in and experience firsthand\u201d, said <\/i>Povilas Motiejunas, Co-Founder of WeSleep<\/blockquote>\n
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\nTwitter<\/u><\/a> | Facebook<\/u><\/a> | Medium<\/u><\/a> | Discord<\/u><\/a> | Telegram<\/u><\/a><\/p>\nContact<\/h5>Co-Founder<\/strong>
<\/span>Povilas Motiejunas<\/strong>
<\/span>WeSleep<\/strong>
<\/span>[email protected]<\/strong>
<\/span>+370 686 45593<\/strong>
<\/span>\n","post_title":"WeSleep Unveils its 'Sleepie' NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"wesleep-unveils-its-sleepie-nfts","to_ping":"","pinged":"","post_modified":"2022-11-05 03:01:16","post_modified_gmt":"2022-11-04 16:01:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8098,"post_author":"2","post_date":"2022-11-03 03:43:39","post_date_gmt":"2022-11-02 16:43:39","post_content":"\n
