China’s CBDC Enabled In AliPay And Bank Apps – May 11

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $55,975

Bitcoin price fell sharply toward the $54,000 mark last night, bouncing back strongly to around $56,000 to begin Monday.

Top-20 altcoins have mostly taken a hit over the last 24 hours, as XRP falls 7%, Ethereum drops less than 1%, but SHIB charges into the top-20 with an 18% gain.

Top Stories for May 11, 2021 πŸ”₯

πŸ‘‰ China’s CBDC Enabled In AliPay And Bank Apps

China’s central bank digital currency (CBDC) has been activated within the mobile app of one of the largest banks in the country, The Industrial and Commercial Bank of China (ICBC).

The banking giant is not the only company to embrace the new digital yuan, as AliPay also enables the digital currency for selected users in their own app.

πŸ‘‰ New Dog-Themed Crypto Listed On Multiple Exchanges

A new dog-themed cryptocurrency, Shiba Inu (SHIB) has been listed on major exchanges including Binance within the last 48 hours.

According to Binance CEO Changpeng Zhao, demand for trading the token was so high that the exchange ran out of deposit addresses for SHIB.

πŸ‘‰ New Crypto Ransomware Attack Targets Telegram & Discord

A new ransomware attack known as “Panda” is targeting crypto wallets and credentials for Telegram, Discord, NordVPN and Steam accounts.

The attack begins with spam messages containing malicious attachments, which downloads the software on victims’ computers.