> The 'RouterProcessor2' contract, responsible for trade routing on the SushiSwap exchange, was specifically affected. SushiSwapSushiSwap Smart Contract Exploit: DeFi Protocol Suffers $3.3M LossAn early Sunday exploit of a smart contract on the decentralized finance (DeFi) protocol Sushi's exchange services was announced by developers in a tweet. > Recently, the bank's career page posted job listings for a Digital Pound Security Architect and Digital Pound Solutions Architect, both offering salaries of up to £80,000 ($99,000). > While the media has referred to the project as 'Britcoin,' the bank has clarified that no decision has been made regarding the use of distributed ledger technology for a digital pound.

> Earlier this year, the UK's central bank and finance ministry initiated further research and development into creating a digital version of the pound sterling, inviting public input on the proposal. More here.īank of EnglandBank of England Explores Digital Pound: Assembling a 30-Member CBDC Dream TeamThe Bank of England is reportedly assembling a team of up to 30 individuals to explore the development of a central bank digital currency (CBDC) according to a report, though the source of this information was not disclosed. > This decentralized, secure, and transparent technology provides a more efficient and cost-effective method for processing transactions, controlling currency supply, and ensuring the stability of the financial system. > Blockchain technology, the foundation of cryptocurrencies like Bitcoin and Ethereum, could play a crucial role in the design and execution of the BRICS' novel global currency. > Blockchain and Digital Currencies: The Backbone of the BRICS Currency > As these countries collaborate to create a currency with the potential to transform the international financial landscape, the technological components of this project are essential for its success.

Big StoryBRICS Nations' Bold Vision: New Global Currency Powered by Blockchain TechnologyThe bold initiative by the BRICS nations-Brazil, Russia, India, China, and South Africa-to develop a new global currency is not only an economic undertaking but also a technological one.

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