CURRENT AFFAIRS

Detailed explanation-1: -At this time it was known as “GlobalCoin” or “Facebook Coin". The project was formally announced on June 18, 2019, under the name Libra. The creators of the coin are listed as Morgan Beller, David Marcus and Kevin Weil (Novi’s VP of Product). The first release was planned for 2020.

Detailed explanation-2: -Union Finance Minister Nirmala Sitharaman had earlier announced that the RBI will launch a CBDC in 2022-23, which is the first official statement from the Union government on the much-anticipated digital currency’s launch.

Detailed explanation-3: -Co-founded in 2020 by former Y Combinator chief Sam Altman, Worldcoin aims to photograph the irises of everyone on earth in order to identify them so it can distribute its new digital money fairly. So far, the company has collected images of the eyes of hundreds of thousands of people in about 20 countries.

Detailed explanation-4: -8 New Cryptocurrency Launches Calvaria – Best Crypto with the Highest P2E Potential. IMPT – Best Environmental Friendly Crypto to Buy Today in 2022. Tamadoge – New Crypto with Huge Price Increase Following Listings. WeSendit – Best Crypto for Decentralized Networks.

Detailed explanation-5: -Global Coin Ltd, an investment holding company, activities of its principal subsidiaries consist of design, manufacturing and distribution of printed circuit boards, plastic moulding products, LCD and intelligent battery chargers.