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Can Wall Street Memes (WSM) Match PEPE's Stellar Performance?
The Wall Street Memes (WSM) meme token is slated for listing on OKX Exchange, happening today at 10:00 GMT. A similar event with PEPE saw the token's price soar with a 15x increase. But what exactly is Wall Street Memes? Originating from Reddit a few years back, this meme community has grown to nearly 800,000 members across different social media platforms, humorously dissecting crypto and financial news. Before rolling out the WSM token in May, they were renowned for their Wall Street Bulls NFT collection. Their token's presale has drawn to a close, amassing approximately $25 million with the token's cost fixed at $0.0337. 
Brazil and Stellar have completed CBDC testing
Blockchain technology has been used to pilot Brazil's digital real. Execution took place on the Stellar infrastructure of the local Mercado Bitcoin exchange.
The experiment included a KYC procedure, a fraud protection check using decentralized identity identification, and direct fund transfers.
All worked well, no violations of the country's laws were detected (thankfully, the tests had not yet been banned), though Mercado's head teased that the Central Bank's real motive was to see how things would unfold if it lost its direct control over money. Which companies have exposure to Genesis
Genesis filed for Chapter 11 bankruptcy protection on Thursday. Now the major creditors started to become known and ready to comment.
- The Gemini Exchange is the bankrupt's largest creditor. Its losses total more than $750 million.
- Investment fund Mirana. Genesis owes the fund (which invested in platforms like Bybit and BitDAO) $151.5 million.
- Decentraland. According to its representatives, it had a credit against Genesis of $7.8 million.
- Stellar Blockchain has a claim for $13 million against the bankrupt company.
- Coincident Cap confirmed that Genesis has $110 million in debt to them.
All the creditors claim that Genesis' troubled liabilities won't affect their current operations and that any potential losses will be covered. However, they don't specify at whose expense.
Genesis owes a total of $3.4 billion to its creditors. 
APT and XLM Price Analysis as of February 16, 2024
As Bitcoin's ascent moderates, settling at the $52,000 level, altcoins might seize the opportunity to showcase their growth potential. This analysis highlights the market dynamics for the alternative cryptocurrencies Aptos (APT) and Stellar (XLM) on Friday, February 16. Stellar Upgrade Postponed Due to Software Glitch
The Stellar Development Foundation has supported the decision to delay the network's update to add smart contracts due to a software bug. Initially, foundation representatives minimized the severity of this bug but revised their position in response to critiques from the developer community. 
WhiteBIT has announced its integration with MoneyGram!
The service is built on the Stellar blockchain and activated by the MoneyGram retail agent network, allowing the exchange's clients to convert digital currency into cash.
You can exchange USDC for hryvnias, dollars, and euros at respective MoneyGram branches throughout Ukraine.
Currently, the service is available only to users residing in Ukraine who have completed KYC verification with Ukrainian documents. There are no fees for this service until June 2024!
For the user, the entire process consists of several steps, which are thoroughly described in the comprehensive exchange instructions on the WhiteBIT website. 
Stellar gets voting rights at the CFTC
The Stellar Development Foundation has announced that it joins an advisory committee of the U.S. Commodity Futures Trading Commission.
Blockchain company Stellar will join representatives of traditional financial markets such as J.P. Morgan, Goldman Sachs, and BlackRock and get a say in institutional-level issues.
SDF representatives noted that they will primarily focus on the use of Layer 1 protocols in government agencies and bank transfers in stablecoins. 
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