Canadaโs banking regulator has sent one of the strongest signals yet that blockchain-based bank money can fit into the current banking system.
However, this isnโt a free pass for every blockchain product, as OSFI said federally regulated banks still have to follow all relevant laws and rules, including its requirements around technology risk, cyber risk, and third-party risk.
Banks should also check in with their OSFI supervisor before launching anything new.
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๐ฅฝ Polish developer builds app that detects nearby Meta smart glasses
Polish software developer Paweล Szydลowski, developed an iPhone app called Zuckoff that detects nearby Meta smart glasses and estimates their distance after seeing videos of people using the devices to secretly film and identify unsuspecting strangers, amid growing privacy concerns.
The app scans Bluetooth signals from nearby devices and checks them for identifiers linked to known models of smart glasses. Its main scanning screen shows users the estimated distance of nearby smart glasses, while a paid version can run in the background and send notifications when compatible glasses are detected.
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Polish software developer Paweล Szydลowski, developed an iPhone app called Zuckoff that detects nearby Meta smart glasses and estimates their distance after seeing videos of people using the devices to secretly film and identify unsuspecting strangers, amid growing privacy concerns.
The app scans Bluetooth signals from nearby devices and checks them for identifiers linked to known models of smart glasses. Its main scanning screen shows users the estimated distance of nearby smart glasses, while a paid version can run in the background and send notifications when compatible glasses are detected.
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This proposal seeks approval to expand the protocol to the XRP Ledger and rebrand the token from CPOOL to CLEAR.
The existing CPOOL token will migrate to CLEAR on a 1:1 basis, while additional CLEAR will be issued to fuel this next chapter of growth. The protocol aims to become the Morpho for private credit on the XRP Ledger by capturing the institutional yield opportunity on XRPL and continuing to increase TVL and secure institutional adoption.
CPOOLโs rebrand to CLEAR reflects Clearpool's evolution from single-borrower liquidity pools into a multi-borrower settlement and risk-transparency layer for institutional credit. A new ticker that is a commitment as much as a label: terms, allocations, and risk made transparent and auditable, not buried in a black box.
"XRPL is one of the most established networks, with institutional credit still largely untapped. We're bringing real-world, institutional-ready lending infrastructure, built natively on XRPL. A massive opportunity, and we're going after it," โ Clearpool said.๐
#Stellar
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"When I say something, I mean it! The $5,000 Dividend will happen because the People of our Country deserve it," โ President Donald Trump said.
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๐ BRICS Financial Chiefs Issue Joint Call for Overhaul of Bretton Woods Institutions
BRICS finance chiefs and central bank governors reiterated calls for urgent reform of the International Monetary Fund and World Bank to give emerging and developing economies a greater say in the two institutions.
The Bretton Woods institutions, created in the aftermath of World War II, should better reflect shifts in the global economy, they said in a joint statement, calling for increased IMF quota and voting shares for emerging and developing countries. They also backed greater representation of those economies in the leadership of the IMF and World Bank.
โ๏ธ The call is not new. BRICS has long pushed for developing nations to have greater influence in global financial institutions, arguing that their representation should reflect their growing weight in the world economy.
On payments, BRICS agreed to continue exploring ways to make cross-border transactions between members faster and cheaper, including greater use of local currencies for trade and investment.
#BRICS
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BRICS finance chiefs and central bank governors reiterated calls for urgent reform of the International Monetary Fund and World Bank to give emerging and developing economies a greater say in the two institutions.
The Bretton Woods institutions, created in the aftermath of World War II, should better reflect shifts in the global economy, they said in a joint statement, calling for increased IMF quota and voting shares for emerging and developing countries. They also backed greater representation of those economies in the leadership of the IMF and World Bank.
โWe reiterate the urgent need to reform the Bretton Woods Institutions to make them more agile, effective, credible, inclusive, fit for purpose, unbiased, accountable, and representative,โ โ the finance chiefs and governors said in the statement.
On payments, BRICS agreed to continue exploring ways to make cross-border transactions between members faster and cheaper, including greater use of local currencies for trade and investment.
#BRICS
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The President of Russia held a meeting with President of the New Development Bank (NDB) Dilma Rousseff on the sidelines of the BRICS summit.
"We advocate the involvement of as many participants as possible in its work, and for its programmes to be broader in scope โ covering a greater number of economic sectors within the BRICS member countries.
You are also aware of our proposals regarding the creation of new platforms, including investment-oriented and digital ones, to expand the Bankโs capabilities and make them more versatile, enabling the Bank, together with its participants and shareholders, to achieve even greater results," โ Putin said.
The NDB was established by the BRICS countries in 2014 and began operations in 2015 to finance infrastructure and sustainable development projects in emerging economies.
#BRICS
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After more than a year of in-orbit testing, China has achieved a major breakthrough in its laser communication test between Earth and the Moon. Researchers have successfully established a two-way laser link across the roughly 400,000-kilometer distance between Earth and the Moon, marking the first time such high-speed laser communication has been conducted between the two celestial bodies.
Space laser communication transmits information using laser beams. Compared with conventional microwave communication, it offers several advantages, including greater bandwidth, higher data rates, improved pointing accuracy, and enhanced security.
#BRICS
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India has started settling corporate bonds using blockchain technology and central-bank digital money, taking tokenization deeper into the countryโs traditional financial markets.
The Securities and Exchange Board of India this week launched Demat 2.0, a pilot built around the electronic accounts Indian investors already use to hold stocks and bonds. Under the program, corporate bonds can be issued as digital tokens on a distributed ledger run by regulated market institutions.
Demat 2.0 connects the tokenized bond ledger with the Reserve Bank of Indiaโs wholesale digital rupee through its Unified Market Interface. That allows the bond and the money used to pay for it to move together, cutting settlement risk between the two sides of a trade.
#BRICS
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What Really Happens When Thousands of People Come Together?
Quantum Stellar Initiative has now reached that
Thousands of people, one journey, and
Thank you to everyone who has given their time, knowledge, creativity, and care along the way.
Happy fifth anniversary, Quantum Stellar Initiative!
#Stellar #QSIMedia #Future
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What Really Happens When Thousands of People Come Together?
Five years is enough time for an idea to be tested by reality.
People come and go. Questions change. New information appears. What seemed important at the beginning can look completely different years later.
Quantum Stellar Initiative has now reached thatโฆ
People come and go. Questions change. New information appears. What seemed important at the beginning can look completely different years later.
Quantum Stellar Initiative has now reached thatโฆ
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Microsoft has finally solved one of the biggest pain points of Windows with the rollout of Cloud Rebuild. The new recovery feature can reinstall Windows 11 even when an existing Windows installation is corrupt or refuses to boot. Available as a beta through the newly released Windows 11 Insider Beta Preview Build 26220.9343, the feature is essentially a hassle-free alternative to creating a Windows installation USB drive when a PC needs to be recovered.
Cloud Rebuild is designed to restore a Windows 11 PC to a โclean, known-good stateโ by downloading a fresh image of Windows along with the required drivers directly through Windows Update. Unlike the existing Reset this PC functionality, it does not depend on the health of your existing Windows installation, nor does it require users to have a USB drive or custom recovery image available.
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Civic group NoCams Muskego has filed suit against Waukesha County and 11 individual municipalities, asserting Flock camera use violates the Fourth Amendment. They record images of all vehicles and license plates, which are uploaded to a searchable database using AI and marketed as a โvehicle fingerprint,โ according to the plaintiffs.
The group asks the court to require law enforcement to obtain a warrant before accessing the Flock location database, which keeps data on individualsโ past, present and even potential future movements captured by the cameras. They bring their suit against Waukesha County and the cities of Muskego, Oconomowoc, New Berlin, Waukesha, Delafield and Brookfield, as well as the villages of Mukwonago, Hartland, Menomonee Falls, Elm Grove and Pewaukee.
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US President Donald Trump arrived in Ireland for a two-day visit, set for meetings with the countryโs prime minister and president as well as plans to attend the Irish Open at his familyโs golf resort.
"Today, I'm proud to report that the United States of America is doing better, literally better than it's ever done before. We have $21 trillion being invested. Can you believe it?
And under the Trump administration, our people are prospering at all levels like never before. The stock market is one of a kind. Again, record after record," โ Trump on American success at the U.S. Embassy in Dublin.๐
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The BRICS group of emerging economies has agreed on a joint declaration, a significant diplomatic breakthrough as its leaders began summit talks in New Delhi, aiming to boost the bloc's global clout.
"The message of this BRICS Summit being held in India should be clear: If our future is shared, then the right to shape that future must also be shared,"โ Modi said.
#BRICS
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Finnish space company ICEYE and Polandโs state-run defense giant PGZ have signed a letter of intent to jointly develop a military satellite communications system. Polish Prime Minister Donald Tusk said the project will pave the way for the launch of a Starlink-like system for the nation.
โThe culmination of the process that began today can and will be a Polish Starlink,โ โ Tusk said.
The program is to be implemented from 2026 to 2030.
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President Donald Trump suggested he might be willing to allow a Chinese car company to build electric vehicles in the US if it did so with American workers, while pledging to maintain the effective US ban on imported vehicles from China.
โBut they're going to use our people to build it. Now, if China wanted to come in and open a plant to build their cars here, I'd be okay with that. Japan does it, but they hire our people. The big thing is they hire our people,โ โ Trump said.
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Roblox announced daily creator payouts through a new financial account, standalone game apps, browser-based play without installation, and an expanded suite of AI creation tools.
โOur vision is bigger than just faster payments,โ โ said Enrico DโAngelo, Robloxโs Chief Business Officer. โWallet is the foundation to help creators grow from small businesses run by individuals into thriving big companies.โ
The moves extend Robloxโs role beyond a platform where creators publish games into more of the business that surrounds those games, from development and distribution to financial management.
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