2d atrás
Pact Swap’s cross-chain DeFi model and $PACT token explained by co-founder Toby Gilbert
In a 2025 interview, Pact Swap co-founder Toby Gilbert explains how the platform aims to reduce custody-related risks that have cost the crypto industry billions. Pact Swap uses collateralized smart contracts on Coinweb and relies on native blockchain consensus to offer cross-chain swaps that can be up to 90% cheaper than many existing solutions. The discussion also covers the $PACT governance and utility token, which manages value capture and ecosystem incentives without being used directly for transaction fees.
2d atrás
2d atrás
China to roll out digital yuan oversight framework on January 1, 2025 as usage hits RMB 14.2 trillion
China's central bank, the People's Bank of China, announced on December 29 that a new action plan for managing the digital yuan will take effect on January 1. The framework aims to strengthen monitoring and measurement of e-CNY as it moves into full-scale domestic and cross-border use, with transaction volumes reaching RMB 14.2 trillion by September 2025. Governor Pan Gongsheng also outlined measures to expand bank participation, enhance international operations centers, and maintain strict enforcement against domestic virtual currency speculation.
2d atrás
2d atrás
Ubisoft halts Rainbow Six Siege after $13.33M R6 Credits breach and MongoBleed link
Over the weekend, Ubisoft suspended Rainbow Six Siege's live services after attackers allegedly exploited a vulnerability to distribute around 2 billion R6 Credits and rare items, valued at roughly $13.33 million, to player accounts. The company initiated a rollback of all affected transactions after 11:00 AM UTC on December 27, has reopened servers following live tests, and says players will not be banned for spending the unauthorized credits while the in-game Marketplace remains closed during ongoing investigations.
2d atrás
2d atrás
China's Digital RMB to Introduce Interest and Partial Reserves from January 2026
From January 1, 2026, China's digital RMB will shift to an interest-bearing model with partial reserve management, as outlined in new regulations. Bank-operated institutions will move digital RMB balances onto their balance sheets, allowing interest payments and extending deposit insurance protection. These changes mark a notable adjustment in asset-liability management and bring the e-CNY closer to traditional banking products.
2d atrás