tl;dr

• Visa and Santander Selected by Brazil's Central Bank for Second Phase of CBDC Pilot: Brazil's Central Bank has chosen Visa and Santander to participate in the second phase of its digital real (CBDC) pilot, advancing its efforts to integrate a central bank digital currency.• Bybit Launches First Ex...

• Visa and Santander Selected by Brazil's Central Bank for Second Phase of CBDC Pilot: Brazil's Central Bank has chosen Visa and Santander to participate in the second phase of its digital real (CBDC) pilot, advancing its efforts to integrate a central bank digital currency.
• Bybit Launches First Exchange-Backed Liquidity Staking Token bBSOL on Solana: Bybit has introduced bBSOL, the first liquidity staking token backed by an exchange, enabling users to stake Solana (SOL) and receive rewards through the platform's staking service.
• DWF Labs to Launch Synthetic Stablecoin: DWF Labs has announced plans to release a synthetic stablecoin, which will be backed by a basket of assets and designed to maintain price stability across multiple markets.
• Russia Quietly Mines $3 Billion in Bitcoin: Russia has reportedly mined $3 billion worth of Bitcoin as part of a strategic move to capitalize on cryptocurrency mining, despite international sanctions and regulatory scrutiny.
• Helium (HNT) Decouples from Market with Consistent Gains—Here's Why: Helium (HNT) has shown sustained price gains, diverging from broader market trends, due to its unique decentralized wireless network model and growing ecosystem.
• Crypto’s Banking Access Shrinks as United Texas Bank Becomes Latest Casualty: United Texas Bank has ceased providing banking services to cryptocurrency firms, marking another setback in the shrinking access of crypto businesses to traditional financial institutions.
• Christensen's Sky Governance Model Spurs Debate Over Freeze Function: MakerDAO founder Rune Christensen's Sky governance model, which includes a proposed freeze function for governance, has sparked debate within the decentralized finance (DeFi) community.
• Shiba Inu Partner K9 Announces 9/18/2024 Launch Date of Its Staking Solution: K9, a partner of the Shiba Inu ecosystem, has announced the official launch date for its staking solution, offering users a new way to earn rewards through staking SHIB tokens.
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 17 Oct 24
 17 Oct 24
 17 Oct 24