Crypto Crusade ??: Chainlink's Mega Move, Ledger Lifesaver, Google's Metaverse Dive, Digital Yuan in Oil, Mastercard x MoonPay Magic, and Much More!

Welcome Crusaders! ??

Gear up for another electrifying journey through the ever-evolving world of crypto in this week's edition of the Crypto Weekly Digest ??.?

From massive tech collaborations to seismic shifts in traditional banking, we've curated the hottest and most impactful news bites from the digital realm for you.?

Ready to launch into the blockchain universe? Let's dive in!?

Chainlink & Vodafone: A Blockchain Evolution! ??

Vodafone 's Digital Asset Broker (DAB) and Chainlink Labs are teaming up to revolutionize the world of trade document transfer, targeting the whopping $32 trillion global trade industry. ??

They've successfully trialed devices that autonomously create computer-ready information for seamless trade processes. Plus, Vodafone jumps on board as a Chainlink node operator, emphasizing their growing bond. ???? With such tech giants partnering, the future of trade just got a whole lot brighter!?

Digital Yuan Makes Oil Splash! ???

For the first time ever, the digital yuan (China's CBDC) was used to settle an oil deal, marking a significant move towards global de-dollarization ????. This 1-million-barrel transaction on the Shanghai Petroleum and Natural Gas Exchange showcases China's push for the digital yuan in international trade ????.?

Not just that, with yuan usage in cross-border settlements surging by 35%, and new collaborations like that with Abu Dhabi, the e-CNY is rapidly cementing its place in the global financial landscape. ????

????? Rise, Crash, Repeat: The FTX Story ??

彭博资讯 has just dropped a gripping feature documentary titled "RUIN", charting the meteoric rise and dramatic fall of Sam Bankman-Fried's cryptocurrency exchange, FTX ????.?

Narrated by Bloomberg's top journalists and key players in the crypto world, it's a deep dive into the tumultuous world of digital assets. Dive into this cinematic exploration of business, technology, and finance right here. Grab your popcorn, folks! ????.

?? Ledger Recovery: Never Lose Access Again! ??

Ledger , in collaboration with CoinCover , unveiled the Ledger Recovery service on October 24th. Now, wallet users can breathe easy, knowing they can recover access if they ever lose their passes.?? Surprisingly, the market has been hush-hush about it, especially considering the debates when Ledger first proposed this idea.?

However, it's important to note that by opting for this solution, users are ceding some control over their assets, which seems to contradict the fundamental idea of cryptocurrencies. With Ledger Recovery, it's not just about securing your crypto, but also ensuring you always have access to your treasures, even if it means compromising a bit on the decentralized ethos.???

????? India's Oil Giant Taps Blockchain!?

Hindustan Petroleum Corporation Limited , a major oil player in India, is blazing a trail by launching a blockchain system for hassle-free verification of purchase orders (POs) ???. Joining forces with Zupple Labs , they're integrating the LegitDoc tech, ensuring seamless digital PO dispatches without manual headaches.?

The unique twist? They're running on two blockchains ??: the public Near blockchain (a rare choice indeed!) and the private Hyperledger Fabric. With 3,000 POs already issued, this is blockchain in big business like we've rarely seen! ??.

??? UniPass Wallet's Close Call! ????

Fireblocks ' eagle-eyed research squad uncovered a sneaky ERC-4337 Account Abstraction vulnerability in UniPassWallet's smart contract ????. But fear not, they teamed up in superhero style with UniPass Tech to patch up the security loophole in a whitehat operation, ensuring all funds stay snug and secure ????.?

For those with a knack for tech, the vulnerability involved some crafty smart contract loopholes, proving the importance of robust security checks in the ever-evolving world of blockchain! ????.

?? Google Cloud Meets Blockchain & Metaverse! ??

Injective's blockchain data is making waves by joining Google Cloud 's BigQuery! ?? This not only makes the Injective network data more accessible but also places it alongside giants like Bitcoin and Ethereum. But that's just part of the story!?

Google Cloud is also diving deep into the metaverse by partnering with MultiversX Labs . ????? Through this alliance, developers get powerful tools to analyze metaverse data, ensuring an immersive and secure experience for all users. It's truly a new dawn for the digital universe! ?

?? Banking Meets Blockchain: A Digital Leap Forward!????

When giants move, they make waves! Standard Chartered and 德意志银行 teamed up for a groundbreaking test on the Universal Digital Payments Network (UDPN) ????.?

Their mission? To smoothly connect payments across various CBDCs and blockchains with high-tech messaging, much like Swift , but with a blockchain twist! ????. And the cherry on top? This innovative system ensures tight security with regulated tokens and decentralized identities, paving the way for a safer and more efficient digital banking future! ?????.

??? Mastercard x MoonPay: Crypto Meets Cards! ????

萬事達卡 and crypto payment giant MoonPay are joining forces in a major collaboration! ?? MoonPay will tap into Mastercard's Crypto Credential system, ensuring secure and regulation-compliant transactions, and will also integrate cutting-edge payment technologies like Mastercard Send and Click to Pay ??.

This partnership aims to bridge the Web3 blockchain world with consumer loyalty, as both giants dive deeper into the realm of NFTs and the digital economy. ?????

?? Fashion Meets Blockchain: Maison Margiela's Digital Couture! ??

Fashion-forward Maison Margiela is diving into the digital realm of Web3 with a unique, gamified minting twist! ????. Drawing inspiration from their iconic garment tagging system, they're offering 24 exclusive digital collectibles, each tagged from 0 to 23, where rarity increases with the number ???.?

Join the adrenaline-packed mint race, with the fastest fingers securing the limited-edition tokens - all gas-free and intimately linked to the owner for true individuality in the digital age! ????.

?? BlackRock's Bitcoin ETF Buzz: What's It All About? ??

BlackRock jumped into the Bitcoin ETF scene, getting listed on clearing house DTCC's eligibility file ????. But, hang on! This addition doesn't mean it's gotten the green light from regulators ???.?

The crypto world is abuzz as Bitcoin's value surged, partly driven by hopes for such ETF approvals. Will this be the ticket to ushering more investors into the crypto space? Stay tuned! ????.

??? Taiwan's Loyalty Points Go Crypto! ??

Taiwan's loyalty game is leveling up! ?? Circle, a fintech giant, has teamed up with 幣託國際 BitoGroupInternational , Taiwan’s top crypto champ, and Taiwan FamilyMart, a major convenience store chain, to launch a slick 'Points-to-Crypto' service.

?Now, folks can effortlessly swap their FamilyMart Co.,Ltd. loyalty points, FamiPoints, for digital currencies like USDC right on their apps! ??? So, next time you grab a snack from FamilyMart, remember, you're just a few taps away from diving into the digital currency world! ????????.

?? JPM Coin's Billion-Dollar Days! ????

JPM Coin, J.P. 摩根 's digital asset, is on a roll, handling a whopping $1 billion in daily transactions ????! From the words of Takis Georgakopoulos, JPMorgan's global head of payments, the coin tackles major payment inefficiencies like slow cross-border transactions and tracking issues.?

This leap from just $300 million since its 2020 launch till June 2023 to now $1B daily shows that blockchain tech is making its mark in traditional finance, even if it's not on the public chain. ??????

Turkey's Crypto Tax Takeoff! ????????

Gobble gobble! Turkey's gearing up to take a bite out of the crypto pie! ???? The government is diving deep into research, setting its sights on taxing cryptocurrencies by next year. ??

Plus, they're laying down the law, figuring out the legal status of these digital dazzlers, and setting rules for crypto exchanges. Get ready, Turkey's crypto scene is about to get a tad more official! ????.

SportFi Slam Dunk: Chiliz Goes Geek! ??????

Chiliz is switching gears and diving deep into the tech lane! ???? The mega SportFi platform is now opening its doors wide for developers, eliminating those pesky governance speed bumps. Get ready, sports and tech worlds - it's game time as Chiliz merges play with programming! ?????.

And that's a wrap for this week's Crypto Weekly Digest! As the boundaries of blockchain innovation stretch, so does our excitement to bring you these transformative tales from the digital frontier.?

Remember, in the fast-paced world of crypto, staying informed is your superpower. Till our next cosmic rendezvous, keep your rockets ready and your spirits high! ?? Safe trades, and see you soon! ??