-@TH3WH17ERABB17- -Q- Questions ---ASCENSION--- -Part- --43--

Tether (USDT) Replaces SWIFT for USD Operations of Xapo Bank: Details

Following the integration of USD Coin (USDC), Gibraltar's Xapo Bank becomes the first-ever fintech in the world to employ U.S. Dollar Tether (USDT) infrastructure for moving U.S. dollars between its accounts. The integration is compatible with MiCA requirements, the team highlights

According to the official announcement shared by the team of Xapo Bank, it starts using USDT for the transfers of its USD accounts. This statement was shared by VanEck's Gabor Gurbacs, who is also an advisor in Tether Limited.

As such, Xapo Bank becomes the first regulated banking entity to replace the SWIFT system of information sharing by "stablecoin rails" for faster, transparent and more resource-efficient operations.

u.today...


Swift and Chainlink Will Test Connecting Over a Dozen Financial Institutions to Blockchain Networks

SWIFT the interbank messaging system and Chainlink (LINK), a provider of real world data to blockchains, will be collaborating with dozens of financial institutions to test how they can connect with multiple blockchain networks, according to a press release on Tuesday.

In  a new set of experiments, Swift will partner with major TradFi institutions like the Depository Trust and Clearing Operation (DTCC), Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear and Lloyds Banking Group. The goal is to test how these institutions can use the Swift's infrastructure to instruct the transfer of tokenized assets across blockchains, the press release said.

www.coindesk.com... putType=amp


Traders turn to stablecoins as regulatory pressure in the US ramps up

Traders have been ditching BTC and ETH, as increased regulatory pressure in the U.S. pushes them toward Tether's USDT.

Regulatory pressures in the U.S. crypto market are causing a significant shift in trading behaviors, with traders gravitating towards the safety of stablecoins. Tether's USDT supply may have reached an all-time high, but its trading volume tells a different story. With USDC and BUSD experiencing multi-year lows, an intriguing trend emerges in exchange inflows.

cryptoslate.com...


Cardano Founder Warns Of “CBDC Agenda” In Binance SEC Complaint

The recent Securities and Exchange Commission (SEC) complaint against Binance has raised concerns among supporters of the cryptocurrency industry, with some fearing that it is part of a larger plan to implement “operation chokepoint 2.0” in the United States.

Some see this as an attempt to gain end-to-end control over every aspect of people’s financial lives, with the ultimate goal being a central bank digital currency (CBDC) partnered with a handful of massive banks.

bitcoinist.com...

a reply to: socialmediaclown

The Russian Defense Minister has a few thoughts about the biolabs in Ukraine.
Russian Defense Minister Reveals Findings on Alleged Military/ Biological Activity in Ukraine

"The Russian Defense Minister expressed concern about the U.S.'s reluctance to commit to the safety of research conducted in biolabs under its control. It cited a review of the NIH it cited a review of the NIH revealing safety violations and incidents that risked the spread of dangerous pathogens." They may have a point when they bring up Fort Deitrich.

We have something new. The Electronic Integrated Disease Surveillance System.
Electronic Integrated Disease Surveillance System
Hmmm country specific.

"CDC also supports country implementation of surveillance systems and the integration of lab results, capacity building, and response activities."

a reply to: FlyingFox

Maybe it was changed for them?

a reply to: CrazyFox

The timing of this release is very mysterious. The USPS has just released their final report about the mail truck with the missing ballots.
Postaal Service Releases Final Report

What do you think about this?
Attorney General Barr, however, instructed me not to make any public statements or put out any press releases regarding possible election irregularities."

Kari Lake's new song. Lol
81 Million Votes My A

originally posted by: Thoughtful2
a reply to: CrazyFox

The timing of this release is very mysterious. The USPS has just released their final report about the mail truck with the missing ballots.
Postaal Service Releases Final Report

What do you think about this?
Attorney General Barr, however, instructed me not to make any public statements or put out any press releases regarding possible election irregularities."

Kari Lake's new song. Lol
81 Million Votes My A

The question to ask is if BARR was running cover for an OP that's on another level. You could practically flip a coin to decide at this point, but something definitely is afoot.

a reply to: Thoughtful2

Biolabs... segue to bioengineering. More Crispr edited food on the horizon

Genomic Innovation in Rice: Transforming Black, Brown, and Red Varieties With CRISPR

KAUST researchers are working to improve the agronomic traits of pigmented rice varieties using genomic studies and CRISPR technology. Their focus is on improving nutrient-rich varieties like the black Indonesian rice Cempo Ireng, transforming it into a shorter, earlier maturing variety to enhance its appeal to farmers. Their next project is to enhance the productivity of Hassawi rice, a culturally significant red rice variety native to Saudi Arabia.

scitechdaily.com...

World Bank offers dim outlook for the global economy in face of higher interest rates

World Bank Chief Economist Indermit Gill put a gloomy spin on the new forecasts, saying that 2023 would still mark one of the slowest growth years for advanced economies in the last five decades.

Two-thirds of developing economies will see lower growth than in 2022, dealing a major setback to coronavirus pandemic recovery and poverty reduction and increasing sovereign debt distress, he added.

www.aljazeera.com...


Deutsche Bank says the U.S. is headed for a ‘policy led’ recession—it’s the unavoidable ‘boom-bust cycle’

In April of last year, just a month after Russia’s invasion of Ukraine, Deutsche Bank became the first major investment bank to predict a U.S. recession. Less than a month later, its economists upped the ante on their forecast, arguing that a “major recession” would hit by the end of 2023 or the first quarter of 2024 due to rising interest rates and stubborn inflation.

fortune.com...


Top economist David Rosenberg sounds the recession alarm, pointing to 2 key indicators that are flashing red

The US economy is barreling toward an inevitable recession, David Rosenberg says.
The Rosenberg Research chief pointed to two key economic indicators that are flashing red.
Rosenberg ruled out a "soft landing" where the Fed reins in inflation without causing a recession.

The credit crunch will result in a wave of defaults hitting different sectors of the economy, BofA said.
Strategists said a "rolling blackout" of defaults had already started in some sectors.
If the US enters a full-blown recession, the defaults could rise to $1 trillion, the bank previously said.
[url]https://markets.businessinsider.com/news/stocks/credit-crunch-corporate-defaults-rolling-blackout-rates-bank-of-america-2023-6?amp" target="_blank" class="postlink" rel="nofollow">markets.businessinsider.com...[/ur l]


The credit crunch will bring a 'rolling blackout' of defaults as companies feel the pressure of tighter financial conditions, Bank of America says

The credit crunch will result in a wave of defaults hitting different sectors of the economy, BofA said.
Strategists said a "rolling blackout" of defaults had already started in some sectors.
If the US enters a full-blown recession, the defaults could rise to $1 trillion, the bank previously said.

[url]https://markets.businessinsider.com/news/stocks/credit-crunch-corporate-defaults-rolling-blackout-rates-bank-of-america-2023-6?amp


The Fed’s man-made housing market recession hit so hard that 4 real estate titans just lost their Fortune 500 status

The Fed’s man-made housing market downturn has been so sharp that when the Fortune 500 list was unveiled on Monday, it was missing four major real estate companies, which had been on the list last year. That includes Rocket Companies (which was No. 282 on the Fortune 500 list unveiled in June 2022), Zillow (No. 424 last year), Anywhere Real Estate (No. 427 last year), and Compass (No. 495 last year).

fortune.com...


Japan's yen is weakening again, prompting talk of another intervention worth billions of dollars

HSBC's head of Asian foreign exchange research, Joey Chew, said the yen's recent movement will prompt questions about whether the government will intervene to support the currency.

www.cnbc.com...

a reply to: socialmediaclown
When oh when will mad, egotistical, megalomaniacs stop trying to play God?????
Rainbows
Jane

Oil prices jump after Saudi Arabia vows to cut production again

Oil prices rose Monday after Saudi Arabia said it would slash output by another one million barrels per day for at least a month starting in July as part of an effort by OPEC+ producers to shore up crude prices.

www.google.com...


US Banking System Will Lose Massive Chunks of Wealth From American Businesses Seeking Yield: Arthur Hayes

BitMEX founder Arthur Hayes says that US banks are about to take another hit, this time from businesses looking to outperform low interest rates.

Writing in a new essay, Hayes says that the recent “exodus” out of the US banking system will likely get worse.

According to statistics compiled by the Federal Reserve Economic Data (FRED) system, depositors yanked $30 billion out of American bank accounts from May 10th through May 17th.

The numbers represent an increase of more than $4 billion over the previous week.

The US banking system now has a total of $17.15 trillion in deposits, compared to $18.03 trillion one year ago.

dailyhodl.com...[/u rl]


A top Wall Street investment strategist breaks down why stocks are setting up for a 22% drop in the second half of the year — and shares 2 signs that show a recession is likely
[url]https://www.businessinsider.com/stock-market-crash-sp500-prediction-recession-inflation-unemployment-fed-kantrowitz-2023-5


Get Ready for the Full-Employment Recession

Job growth is soaring yet output is falling, by one measure. Blame a historic slump in productivity.

www.wsj.com...


US Dollar Will Lose Dominant Status, China and India Could Play Key Role in Currency Shift, Says Economist Lord O'Neill

Lord Jim O’Neill, the British economist credited with coining the acronym BRIC, has explained that the U.S. dollar will lose its dominant status. He expects the Chinese yuan and possibly the Indian rupee to become “much more important currencies for the world.”

news.bitcoin.com...[/u rl]


New BRICS Currency May Prevent Imposition of US Laws in Other Countries
[url]https://sputnikglobe.com/amp/20230602/new-brics-currency-may-prevent-imposition-of-us-laws-in-other-countries-1110864073.html

Binance lawsuit: 61 cryptocurrencies are now seen as securities by the SEC

The total number of cryptocurrencies the United States securities regulator has accused to be a “security” has now reached an estimated 61, after adding a few more from its lawsuit against crypto exchange Binance.

m.investing.com...


SEC files motion for restraining order to freeze Binance US assets

The U.S. Securities and Exchange Commission (SEC) asked a court to grant a temporary restraining order to freeze assets tied to Binance.US on Tuesday.

www.google.com...=am p


Coinbase, Robinhood testify before House committee on Republican crypto bill

The U.S. House Committee on Agriculture heard testimony on June 6 regarding a draft discussion bill on cryptocurrency recently advanced by Republican lawmakers.

www.google.com...=IwAR1mIm86b0_B vWrY9DMgtaCFPb5YMXc1BPY1sY9_82U8ph62a2jkhO5cKiU&=1


American Banker Highlights CBDC Development Endeavors By Ripple

A Manhattan-based publication American Banker focused on the financial industry, has revealed Ripple’s efforts in ensuring secure minting and distribution of Central Bank digital currencies and stablecoins.

The financial reporter noted that Ripple’s recent Central Bank Digital Currency (CBDC) platform launch is part of its preparation to bring these goals to fruition.

www.google.com...


Ripple and Stellar Shine as Crunchfish CEO Reveals Collaboration with Central Banks, Spotlight on Offline Payments Solutions – BIS Partnership Adds to the Momentum

Central banks across the world have been currently working on blockchain-based digital currencies aka CBDCs and blockchain platforms like Ripple and Stellar have been among the most-preferred platforms for launching these projects.

Besides, he added that Crunchfish and its solutions have also been under the radar of companies such as Ripple and Stellar. The good thing about Crunchfish is that it has already partnered with the Bank of International Settlements (BIS). Samuelsson also added that big players such as Ripple and Stellar could provide a bridge between Crunchfish and central banks. He said that they are well-positioned to deal with the technical requirements for CBDCs.

www.crypto-news-flash.com... ts-solutions-bis-partnership-adds-to-the-momentum/


First Ever Digital Asset-Denominated Life Insurance Provider, Meanwhile, Launches with $19M Funding from OpenAI CEO Sam Altman and Google-Backed Gradient Ventures

As one of the few innovations in money in the last century, Bitcoin is on track to become a global store of value and functional currency,” said Zac Townsend, Co-Founder and CEO of Meanwhile, who has been building projects at the intersection of tech, finance, and public policy for more than a decade. “When you combine that with artificial intelligence, we see the potential to build a full-stack life insurance company with the aim to reach over a billion people globally. To start, it makes perfect sense for long-term holders of BTC to invest in life insurance denominated in that asset and to enable a percentage of their BTC holdings to become active.”

Meanwhile is sitting at the confluence of the AI and digital assets transformation," said Anna Patterson, Managing Partner at Gradient Ventures. "The team has an opportunity to change how consumers use digital money and set a new standard for tech-enabled life insurance providers. We're excited to support Zac and Max on their mission."

www.businesswire.com... -Funding-from-OpenAI-CEO-Sam-Altman-and-Google-Backed-Gradient-Ventures

Thank you Dash! You are quite the unparalleled personality to provide us these pages as the passages peruse forwards. To friends we've had and all the friends we lost, long good Wood Burn in The Knight.

a reply to: Thoughtful2

Babies Breastfed by Mothers Who Took mRNA Vaccines Are Dropping Dead – Doctors Baffled

Adverse events in over 54% of cases of “maternal exposure” to vaccine

Thrombotic thrombocytopenic purpura (TTP) is a disorder characterized by the sudden formation of blood clots in small blood vessels that can block the flow of blood to vital organs like the brain, kidneys and heart.
[B]
Doctors have been warning against vaccinating pregnant and breastfeeding mothers since the beginning

Treasury Secretary Yellen says she wouldn't be surprised to see more bank consolidation

Given the overall environment in the industry, it's likely for some smaller banks to consolidate, Treasury Secretary Janet Yellen said Wednesday morning.

"There is motivation to see some consolidation and it wouldn't surprise me to see some of that going forward," Yellen said in an interview on CNBC's
"Squawk Box."

www.google.com...



US Will ‘Substantially’ Increase Taxes To Close $1,400,000,000,000 Budget Deficit, Says Ex-Treasury Secretary

The US government will impose “substantial” tax increases on its citizens to try and fix its $1.4 trillion deficit, according to former Treasury Secretary Larry Summers.

In a new speech covered by Bloomberg, Summers says that out of control inflation and debt will force the US government to continue raising taxes and lean towards higher interest rates.

Summers says US debt is so massive that simply reducing spending won’t be enough to significantly address the problem, and higher taxes will become imperative.

The threat of a commercial real estate market crash is hanging over the already fragile U.S. economy.

About $1.5 trillion in commercial mortgage debt is due by the end of 2025, but steeper borrowing costs, coupled with tighter credit conditions and a decline in property values brought on by remote work, have increased the risk of default.
[url]https://www.foxbusiness.com/economy/commercial-real-estate-crash-looming-us-economy.amp" target="_blank" class="postlink" rel="nofollow">dailyhodl.com...[/ url]


Commercial real estate crash still looming over US economy

The threat of a commercial real estate market crash is hanging over the already fragile U.S. economy.

About $1.5 trillion in commercial mortgage debt is due by the end of 2025, but steeper borrowing costs, coupled with tighter credit conditions and a decline in property values brought on by remote work, have increased the risk of default.

[url]https://www.foxbusiness.com/economy/commercial-real-estate-crash-looming-us-economy.amp

Australia’s Economy Cools as Aggressive Rate Hikes Take Toll

Australia’s economy slowed more than expected last quarter as aggressive policy tightening weighed on household spending and construction, while accelerating labor costs underlined the nation’s inflation challenge.

The currency edged lower after gross domestic product advanced 0.2% from the prior quarter, the weakest three-month expansion since September 2021 and below a forecast 0.3% gain, data showed Wednesday. From a year earlier, the economy grew 2.3%, slowing from a downwardly revised 2.6%.

www.bloomberg.com...


Recession now major risk in next 12 months, economist warns

Think of Australia's $2.2 trillion economy. Now flip a coin.

According to a leading economist, that is the 50 per cent risk the Australian economy falls into a damaging recession at some time in the next year, following 12 punishing rate hikes which have so far failed to substantially rein in inflation.

Millions of households are this morning trying to work out how they will afford their mortgage repayments after the Reserve Bank's decision to again lift rates yesterday.

www.google.com...


Australia's rental and housing crisis: why is it happening and what can we do about it?
www.theguardian.com... explainer

originally posted by: FlyingFox

originally posted by: Thoughtful2
a reply to: CrazyFox

The timing of this release is very mysterious. The USPS has just released their final report about the mail truck with the missing ballots.
Postaal Service Releases Final Report

What do you think about this?
Attorney General Barr, however, instructed me not to make any public statements or put out any press releases regarding possible election irregularities."

Kari Lake's new song. Lol
81 Million Votes My A

The question to ask is if BARR was running cover for an OP that's on another level. You could practically flip a coin to decide at this point, but something definitely is afoot.

Barr was (is) acting as "Protector" of all top-tier Republicans. Helping to get Trump out of office, and doing what he can now to keep Trump out of office, is one way of protecting Criminal Republican VIP's. (Bush Family? McConnell? Justice Roberts? and more.) Barr orchestrating the Jeffrey Epstein murdered was likely protecting the same people.

a reply to: socialmediaclown

The irony- Today is World Food Safety Day.[ Inversion is in order.]

Lol..."highlights the importance of maintaining food standards". The theme "Most people depend on the information in the packaging of consumable items to know that there food is safe."
I have to say this is the biggest fail ever. They play games with names of ingredients and then there is the issue of "other spices" and what about zee bugs? I could go on.

World Food Safety Day

We have another link to the plan. This food safety day just ...gasp..."December 20, 2018, World Food Safety Day was established by the UN." Probably not plan related that the first day celebrated was June 7, 2019.

Un Declaration Food Safety Day
This all merges in with the WEF plan for total global food control as per Goal 17.

I can't make this stuff up...
"A globaized world with annual of U.S.D 1.6 trillion and complex food delivery systems demands international cooperation across sectors to ensure the food is safe.
Food safety is a shared responsibility among governments, food industries, producers and consumers." I guess they were trying to be inclusive and throw us in there.

What about Apeel, that invisible non washable protective coating on fruit and vegetable? No packaging but still we eat that.

Update on my experiment...
Blueberries- mold quickly
Strawberries-mold quickly

Grapefruit and lemons going on 7 weeks with no sign of change.
Cucumbers seem to be struggling with this coating. They are super sticky when purchased so rather unappetizing.
Avocados maintaining appearance after 1 week.

I have to question why the grapefruit and lemons are being target. Probably nothing to do with their peels being used as a natural form of hydroxychloroquine.

Food Safety Day

Why Apple is diving headlong into the metaverse

A new report from Activate, a tech and media consulting firm, lays out the future of the metaverse, including which companies will benefit and what use cases will succeed. The study shows why Zuckerberg refuses to give up on his vision, despite more than a year of rising ridicule. It also shows why Apple is diving into the space too, with its new mixed reality headset.

The Metaverse has entered a new phase. Metaverse is beyond it's peak hype cycle. We are at an inflection point where AI will accelerate its realization.

There are already millions of people using the Metaverse. Today there are already 300m+ people spending significant time in major Metaverse video games and virtual world platforms enabled by generative AI. This will be 600m worldwide by 2026.

Video games are the bedrock of the Metaverse. The Metaverse is already here in video games, virtual worlds but Metaverse usage is beginning to spread beyond gaming.

Generative AI will accelerate the realization of the Metaverse. Generative AI will make everyone a developer.

You will build your own Metaverse.

More than 15 million AR devices will be sold in 2026.

www.businessinsider.com...-than-15-million-ar-devices-will-be-sold-in-2026-13


Apple’s Vision Pro headset uses iris scanning for logins with Optic ID

Apple introduced Touch ID and Face ID on the iPhone. Now, the company is introducing its first iris-scanning biometric on the new Vision Pro headset.

Apple is introducing Optic ID, its latest biometric security authentication technology and the first from the company to be based on the details of your iris. Optic ID will be used to unlock Apple’s new Vision Pro mixed reality headset that was introduced today at the WWDC 2023 event.

According to Apple, Optic ID works by analyzing a user’s iris through LED light exposure and then comparing it with an enrolled Optic ID stored on the device’s Secure Enclave. During the WWDC keynote, Apple’s VP of technology development group, Mike Rockwell, said the system could detect iris differences even with identical twins.

www.theverge.com...

a reply to: carewemust

We have a 'watch the water event" that you may find useful.

CNN LEAK-
Circling back to the stored classified documents "Special Counsel Jack Smith's prosecutors questioned at least one witness after an employee at Mar-a-Lago drained the Florida resorts pool in October and ended up flooding a room full of computer servers that maintained surveillance videos."

BTW what has happened to Biden's classified documents spread across China town?
Food at Mar-a-Lago

Drain the swamp comms?

a reply to: RelSciHistItSufi

Rel remember Pope Francis took that unexpected cellphone call in May. I wonder if it had something to do with his health, such as he received terrible news and that he was feeling very ill throughout May.

Pope Francis is to undergo abdominal surgery.
Pope Francis to Have Abdominal Surgery

CNN is bringing up the issue of the resignation letter. Maybe we should be placing this under keeping track of resignations.

#997
[Pope] will be having a terrible May.
Those who backed him will be pushed into the LIGHT>
Dark to LIGHT.
TRUTH.

a reply to: carewemust

I don't think we know one way or the other. He's playing a role that seems DS Friendly, as those people who rely on his patronage would expect. That gives him power and access for the moment.

We have Senator Graham similarly situated. Trump appointed him, then he recused himself from HRC issues...playing a role in a drama that would stretch out for years. White, Grey or Black....? All we know is that we don't know.