Now in Crypto, the European Central Bank has chosen technology partners for the digital euro project. Plasma founder Paul Faecks refused the seller of allegations after the XPL token had dropped more than 50%, and Swedish lawmakers suggested to explore a national bitcoin reserve.
European Central Bank selectively tech partners for digital euro
The European Central Bank (ECB), as part of its preparation stage for a potential launch of the digital euro, Outline agreements have been revealed to technology providers It is responsible for the components of the Central Bank Digital Currency (CBDC).
In a notice on Thursday, the ECB Says It comes to agreements with the seven creatures – and at least one more expected to be announced – to provide services related to fraud and risk management, a safe exchange of payment information, and software development for a possible digital euro. Among the companies are Feedzai, which uses AI to see the fraud and the security technology company Giesecke+Devrient.
“Following the conclusion of the Framework Agreement, the G+D and other successful tenderers will work with the ECB to finish planning and time -time,” Dr. Ralf Wintergerst, CEO of Giesecke+Devrient. “Under the guide of the ECB Governing Council and in accordance with the law of the EU, this work covers the design, integration, and development of the digital euro service platform.”
The other components and services that technology companies will provide include the “alias lookup,” which allows digital euro users to send or receive funds “without having to know the service providers of the payment service of other end-users.”
GIESECKE+DEVRIENT is also responsible for engineering and development of allowing users to make or receive payments with digital euro while offline.
Plasma founder refused sale after sale after XPL token plunges over 50%
Founder of plasma paul faecks Declined the accusations of the insider seller After the native token of the project, XPL, dropped more than half its value over the weekend.
On Thursday, the faecks declined The speculation that the team offloads tokens to the market, emphasizing that investor and team allocations will remain locked for three years with a cliff. “No team members sell any XPL,” he said.
Official plasma launched Mainnet Beta with the token of native plasma (XPL) this Sept.
Following the launch, the XPL rose to nearly $ 1.70 on the week before the collapse of $ 0.83 on Wednesday, eliminating more than 50% of its value, According to In tradingview data.
Due to the dramatic collapse, many community members suspected the team could be engaged in the average price seller (TWAP) seller. In this approach of the algorithm, a large sale order is damaged in smaller, equal size orders, each conducted at regular time intervals.
Community members quickly turned to the Onchain review to investigate XPL flows following the dump.
Independent Sleuth Manamoon Taught In movements from the plasma team vault. Community members said the purse sent more than 600 million XPL tokens to replace on the days leading to the launch.
Sweden’s eyes entering the “digital arm race”
Two members of Sweden’s Parliament, Riksdag, suggested that the country investigate Establishment of a strategic bitcoin reserve To deal with inflation and varying -its holdings are different.
In their riksdag proposal on Wednesday, Swedish democratic Dennis Dioukarev and David Perez Says That, because other countries like the US are in process of creating a reserveSweden should “participate in this digital arm race and join a growing group of countries that have accepted and recognizes the potential of Bitcoin.”
Similar to the US, Dioukarev and Perez floated in the idea of funding the reserve by seized Bitcoin, but said the decision of which authority the government Bitcoin (BTC) was an “open question,” so far.
