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Shibarium surpasses 2 million transactions; Bullish for SHIB price?

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The trend of Shibarium consistently achieving peak levels and surpassing previous records persists, therefore establishing new all-time highs.  In a very short span of time following the resumption of this Layer-2 blockchain,the transaction count has hit a new all-time high (ATH).  According to the data obtained from the Shibariumscan explorer, it is evident that the total number of transactions has exceeded two million , specifically reaching a current count of 2,328,690, as the user base continues to grow. Shibarium total transactions. Source: Shibariumscan explorer Currently, the total count of interconnected wallets amounts to 1,155,622. The quantity of extracted blocks, subsequent to achieving a significant threshold of 500,000, persists in ascending, now amounting to 606,826.  Shibarium relaunch Cryptocurrency Movement Labs raises over $3m in pre-seed round and releases movement SDK for Web3 Cryptocurrency Bitcoin price for...

Australia marks first FX transaction using a CBDC as eAUD pilot continues

The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain. Australia has successfully made its first foreign exchange transaction using eAUD as part of a live pilot for the country’s potential central bank digital currency (CBDC). It comes amid a rising interest from countries around the world to learn about or launch central bank-issued digital currencies. In a statement, blockchain infrastructure provider Canvas said on May 17 local time, crypto fund managers DigitalX and TAF Capital traded eAUD against the stablecoin USD Coin (USDC). Canvas reported the transaction was settled instantly and touted it as a success over what it called the “slow, expensive and prone to errors” traditional FX and remittance networks. The FX trade was part of a series of tests currently underway as the country explores possible use cases for a CBDC. The pilot program was launched by the Reserve Bank of Australia (RBA) in conjunction with the fin...