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? The Dinarian on Locals brings you the latest in news, interviews, in-depth conversations, and stories from across the blockchain and global communities—within and beyond cryptocurrency ?. Experts delve into how blockchain technology is reshaping industries, enhancing business networks ?, transforming transaction workflows, and advancing distributed ledger systems ??. We also explore intriguing topics that may venture into the realm of conspiracies—and so much more!
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Hong Kong Government To Track Citizens With Next-Level CCP-Type COVID Smartphone App

Since the new chief executive, John Lee Ka-chiu took office; he has been ready to do whatever it takes to please the CCP.

The Hong Kong government (HKgov) has been proactively seeking ways to reopen cross-borders with China.

Hkgov plans to enforce the CCP’s Health Code tracking into Hongkongers’ pandemic life. Commentators and netizens are nervous about losing personal freedom and privacy under the regime.

HKgov has plans to add the COVID-19 Color Code system to the current LeaveHomeSafe App. Doing so will further restrict citizens’ movements. This app is a HKgov-made mobile vaccine passport for tracing and tracking COVID-19 patients and their public visits.

Lo Chung-mau, Secretary for Health Authority (HA), said the Information, Technology and Industry Bureau (ITIB) and HA had concluded an evaluation of LeaveHomeSafe just half a month after the new government took office on July 1.

Lo claimed that Hong Kong must mirror the CCP’s Dynamic-Zero Policy to ease pandemic cases, as it is a good policy. “Any policy which eliminates high-risk patients’ public visits is a good policy we should learn from.” His comments confirmed citizens’ concern about real-identity-based registration on the app.

Limitation of Movement or Under Surveillance

Hong Kong has been quietly running a similar system since 2021. Nevertheless, the Hong Kong code had only been applied to those who cross the borders of Guangdong Province, China, or Macau under quarantine exemptions. The color code allowed both cities to watch their Covid-19 cases.

Hong Kong Code is essentially based on the PCR Test Pass, with PCR short for polymerase chain reaction-based nucleic acid test for COVID-19.

Unlike the current Hong Kong Code, which only traces a small group of exempted visitors, HKgov is now discussing tracking everyone in Hong Kong.

Three color indicators will be added to the existing vaccine pass by bracketing media reports, and standards of both PCR and Hong Kong vaccine passes.

Code Red represents COVID-19 confirmed patients, close-contact persons, any coronavirus-positive patients within 14 days upon discharge, persons who are undergoing compulsory COVID-19 test, and anyone who had reported symptoms of the virus within the past 14 days.

Code Yellow symbolizes anyone who has visited or is currently living in the high-risk areas, those who are waiting to be tested. Public places such as restaurants and gyms will not grant entry to anyone with Code Yellow.

As for Code Green, anyone is tested negative—but the green code is only valid for one day.

Lo claimed that the new rule “has nothing to do with wanting to reopen cross borders with China.”

Hongkongers and critics are worried about Hong Kong becoming another CCP surveillance city.

Public Opinions Are Loud and Clear

As soon as the news broke, Hongkongers’ criticism and queries buzzed.

Some said that the new code could ban them from dining in restaurants even if they had been vaccinated. Other citizens criticized HKgov for being ignorant. One of the netizens expressed, “Does HKgov realize how many people still don’t own or know how to work a smartphone? Asking them to learn how to use your app sends them to their graves.”

The general public is also wondering: Why would Hong Kong copy a failed policy of Dynamic-Zero from the CCP?

One of the netizens raised a worrying question. “Will the government turn our Health Code to Code Red one day as they did in Henan Province? Will our banks ban us from withdrawing our money?”

A Blow to Personal Privacy

Sam Ng Chi-sum, the former RTHK host of Headliners, commented during his online program that HKgov had never been able to eliminate privacy concerns of LeaveHomeSafe.

Ng continued, “Many Hongkongers are still hesitant to install LeaveHomeSafe. If HKgov pushes for the real-identity registration policy, Hongkongers will have zero privacy.”

Ng emphasized the Beijing regime has been using the Health Code to control and track the people of China around the clock. Ng said, “The CCP has been using Code Red against human rights and political activists. Who can explain that?”

In November 2021, Chinese human rights lawyer Xie Yang was about to fly to Shanghai to visit the mother of the citizen journalist Zhang Zhan. When he arrived at the airport, Xie was unexpectedly banned from flying as his PCR Test Pass turned red. Once he got home, the code became green again.

The public’s concerns are not groundless.

Ng mentioned, “If the regime is turning Hong Kong into a surveillance city, LegCo will not stop that from happening.”

Health Tools Become Surveillance Tools.

The Beijing government launched the Health Code nationwide in early 2020 in response to the COVID-19 pandemic. Only those with Code Green can get a pass. Compulsory PCR tests or self-quarantine are required for everyone else, and they must remain home until Code Green is signaled.

Many other cases have proven that the authorities use the Health Code to restrict personal freedom.

In Henan Province, certain banks in rural areas have frozen customers’ assets since April 2022. Villagers could not withdraw their savings.

In June 2022, when hundreds of frustrated villagers planned to partake in a protest in Zhengzhou, everyone‘s original health code turned from green to red. No one could attend the rally as everyone had to stay home.

Other bank account holders also said they encountered the same issue despite their negative PCR Test.

Mainland media outlet Caixin reported that these customers’ Health Code going red is not pandemic-related.

Those customers were the victims of frozen savings accounts by Henan banks.

The Supervisory Committee of Zhengzhou Municipal Commission for Discipline Inspection later announced that the involved officials had been penalized, demoted, or dismissed from their positions in the CCP.

In the Henan village bank incident, 1317 villages were red-coded and blocked from withdrawing their savings by the banks.

On June 24, 2022, the Disease Control Bureau of the National Health Commission of China announced that any change in Health Code’s colors except for COVID-19 will be forbidden.

Face Recognition Revealed by Hong Kong Media

So when people under the Beijing regime had no control over their money or personal freedom, the public’s concerns about being watched were not groundless.

In May 2022, FactWire, a Hong Kong investigative news agency, reported that the Android version of LeaveHomeSafe had a built-in face recognition module.

The Office of the Government Chief Information Center admitted that the app development contractor had included a pre-existing facial recognition module during the development stage of LeaveHomeSafe. The office also claimed that the facial recognition function was “never activated.”

Freedom Has limits

Secretary for Health Authority Lo Chung-mau justified this in response to movement restrictions. “Freedom would be limited for the uninfected if sick people were allowed the freedom to roam.” Lo also claimed, “Freedom has limits. At risk, people should not be allowed to go out and endanger others.”

https://www.zerohedge.com/markets/hong-kong-government-track-citizens-next-level-ccp-type-covid-smartphone-app

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Have you noticed a Personality Change in those who took the experimental Covid Vaccines?

If so, here’s the theory as to why this has happened, and it makes perfect sense as to why the elites would do this. THEY do not want you to be able to step into your power. With this destroyed, THEY win.

00:01:10
Stargate: Establishing the Physical Foundations of the AI Revolution 🛰️🌎

The Stargate initiative represents the most substantial investment in artificial intelligence infrastructure to date, as it begins to materialize on a global scale. While many perceive AI as an ethereal technology—simply accessed via applications like ChatGPT 🤖—each digital interaction is, in fact, powered by extensive physical resources: vast data centers 🏢, thousands of cutting-edge GPUs 💾, sophisticated cooling systems 💧, dedicated power grids ⚡, and essential water pipelines 🚰. AI does not reside on personal devices; it is anchored on Earth and demands significant resources.

As artificial intelligence continues to advance, its infrastructure needs only intensify. Regardless of improvements in model efficiency, the explosive growth in usage—billions of queries, ongoing model training, and worldwide deployment—necessitates ever-greater computing power, land, electricity, and semiconductors. This expansion is not plateauing; it is accelerating 📈.

Stargate stands ...

00:01:55
🚨 A Senior UAE Official Has Forecasted...👀

🇦🇪 The United Arab Emirates has taken a decisive step that the United States has been reluctant to pursue.

👉 “Within the next two years, cryptocurrency will be used more frequently than traditional currencies like the dollar or dirham, even for everyday purchases such as coffee and groceries.” 🏦☕🛒

It is worth noting which cryptocurrencies offer transaction fees that are virtually negligible. 😏

The official further stated: “Mark my words, I believe in actions, not just words.”

00:01:00
👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

👉 Coinbase just launched an AI agent for Crypto Trading
‼️MAJOR CONFIRMATION DIRECTLY FROM SWIFT

‼️MAJOR CONFIRMATION DIRECTLY FROM SWIFT: “No more delays — THE NOVEMBER 2025 DEADLINE FOR ISO 20022 MIGRATION IS FINAL AND WILL NOT MOVE.”‼️

OP: @Smqkedqg

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The Vatican's Control Runs Deep 👀

The Vatican has been the subject of countless theories throughout history. From secret archives to alleged world domination schemes. Let's explore the most common Vatican theories, their origins, and what we actually know.

The Major Vatican Theories:

The Illuminati Connection: The Vatican secretly controls or collaborates with the Illuminati to establish a New World Order.

Secret Archives Control: The Vatican Secret Archives contain proof of alien contact, suppressed scientific discoveries, or evidence of historical cover-ups.

The P2 Masonic Lodge Scandal: The Vatican Bank was involved in a massive conspiracy involving the P2 Masonic lodge, political corruption, and murder.

Suppression of Scientific Knowledge: The Vatican has systematically suppressed scientific discoveries that contradict Church doctrine.

The Third Secret of Fatima: The Vatican is hiding apocalyptic prophecies revealed at Fatima that would cause global panic if disclosed.

Financial Scandals: Legitimate concerns about ...

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Veritaseum Hodlers, Are You Ready For Chaos? 🚀 👩‍🚀

What would happen if Veritaseum was "Resurrected" from the Land of Dead Cryptos? Would Clif High's prediction of Veri trading 1 to 1 with Bitcoin actually come TRUE?! We may just find out SOONER than you think!!

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Stellar's Ecosystem Surges Forward: Smart Contracts, Lightning Speed, and Real-World Impact in 2025

The Stellar blockchain ecosystem is experiencing remarkable momentum in 2025, with groundbreaking technical achievements and expanding real-world adoption that position it as a major player in the decentralized finance landscape. From lightning-fast transaction speeds to innovative smart contract capabilities, Stellar is demonstrating that blockchain technology can deliver both performance and practical utility.

Technical Breakthroughs Drive Performance

The Stellar Development Foundation's Q1 2025 quarterly report reveals impressive technical milestones that showcase the network's maturation. The platform now processes an astounding 5,000 transactions per second with remarkably fast 2.5-second block times, putting it among the fastest blockchain networks in operation today.

This performance leap isn't just about raw numbers—it represents Stellar's commitment to creating infrastructure that can handle real-world demand. Whether it's cross-border payments, asset tokenization, or decentralized applications, the network's enhanced capabilities provide the foundation for scalable blockchain solutions.

Smart Contracts Get Smarter with Soroban

One of the most significant developments has been the launch and continued evolution of Soroban, Stellar's smart contract platform. The introduction of Contract Copilot represents a major advancement in developer experience, enabling faster and safer smart contract development through enhanced tooling and guidance.

This focus on developer experience is crucial for ecosystem growth. By lowering barriers to entry and improving the development process, Stellar is positioning itself to attract innovative projects and talented developers who might otherwise choose competing platforms.

New Token Standards Meet Market Needs

The Stellar Development Foundation has introduced new token standards developed specifically based on feedback from developers and institutional users. This responsive approach to platform development demonstrates Stellar's commitment to building technology that meets actual market needs rather than theoretical requirements.

These standards are particularly important as institutional adoption continues to grow, with organizations requiring robust, compliant, and flexible token frameworks for their blockchain initiatives.

Global USDC Integration Expands Utility

The integration of USDC across Stellar's global network represents a significant milestone for practical cryptocurrency adoption. Stablecoins like USDC provide the price stability necessary for everyday transactions and business operations, making them crucial for blockchain platforms seeking real-world utility.

This integration is particularly impactful in emerging markets, where access to stable digital currencies can provide financial services to underbanked populations and facilitate more efficient cross-border transactions.

Industry Events Build Community Momentum

The Stellar ecosystem's growing influence is evident in its presence at major industry events. The foundation's participation as a sponsor at Consensus 2025 in Toronto and Digital Assets Week in New York demonstrates its commitment to engaging with builders, investors, and institutional leaders across the blockchain space.

These events serve as crucial networking opportunities and platforms for showcasing innovative projects within the Stellar ecosystem. Recent Meridian events have highlighted creative projects like Skyhitz and HoneyCoin, illustrating the collaborative spirit and diverse applications being built on the platform.

Real-World Impact in Emerging Markets

Perhaps most importantly, Stellar's growth isn't just about technical metrics—it's about real-world impact. The platform's focus on emerging markets addresses genuine financial inclusion challenges, providing efficient payment rails and access to digital financial services where traditional banking infrastructure may be limited.

This practical approach to blockchain implementation sets Stellar apart from projects that focus primarily on speculative trading or theoretical use cases. By solving actual problems for real users, Stellar is building sustainable demand for its technology.

Looking Ahead: Enterprise-Grade Infrastructure

Stellar positions itself as offering enterprise-grade asset tokenization alongside its DeFi capabilities and payment infrastructure. This comprehensive approach makes it attractive to institutions looking for a single platform that can handle multiple blockchain use cases.

The combination of fast transactions, low costs, smart contract capabilities, and regulatory-conscious development creates a compelling value proposition for enterprises considering blockchain adoption.

The Road Forward

As 2025 progresses, Stellar's ecosystem appears well-positioned for continued growth. The technical infrastructure improvements, developer-focused enhancements, and real-world adoption initiatives create a strong foundation for expanding use cases and user adoption.

The blockchain industry has seen many projects promise revolutionary capabilities, but Stellar's focus on delivering measurable performance improvements and practical solutions suggests a mature approach to blockchain development. With transaction speeds that rival traditional payment systems and growing institutional adoption, Stellar is demonstrating that blockchain technology can move beyond experimental phases into mainstream utility.

For developers, institutions, and users looking for blockchain solutions that prioritize both performance and practical applicability, Stellar's 2025 developments represent significant progress toward a more accessible and useful decentralized financial ecosystem.

Source: The Dinarian ⚡ Claude AI

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Soroban Security Audit Bank: Raising the Standard for Smart Contract Security

The Stellar Development Foundation (SDF) is deeply committed to helping ensure that the highest security standards are available for projects building on the Stellar network. Last year SDF launched the Soroban Security Audit Bank, an initiative to provide projects access to auditing experts and tooling that are proven to help prevent hacks by catching potential bugs, inefficiencies, and security flaws before contracts go live. Through the Soroban Security Audit Bank, we’re empowering teams building on Soroban with comprehensive security audits from leading audit firms, enhanced readiness support, and robust tooling, significantly elevating the ecosystem’s safety and efficiency.

Since launch, the Soroban Security Audit Bank has successfully conducted over 40 essential audits, deploying over $3 million to support security of the smart contracts on Stellar. Check it out!

 

Ecosystem Success Stories: How the Soroban Audit Bank Drives Security Forward

By making automated formal verification available to developers, in addition to allocating significant budget for securing many of the top DeFi protocols built on top of Stellar, SDF has established a new security standard in the Web3 ecosystem. Mooly Sagiv, Co-Founder of Certora
SDF has been a strong partner as we’ve worked with teams across the Stellar ecosystem. SDF’s Audit Bank initiative allows for a smooth and streamlined review process, and is a clear reflection of the Stellar ecosystem’s enhanced commitment to security. Robert Chen, CEO of OtterSec
 

Leading projects within the Soroban ecosystem have highlighted the impact of the Audit Bank

Finding a good auditor is difficult, expensive, and high-stakes. The Audit Bank streamlines the process and supports ecosystem projects with security review at critical growth milestones. Markus Paulson, Co-Founder of Script3
The audit firms we worked with deeply understood the full ecosystem and the underlying protocols used. Their expertise and the tools from the Audit Bank strengthened our security and supported user and investor trust. Esteban Iglesias Manríquez, Co-Founder of Palta.Labs

What's New in 2025: Enhanced Audit Support for Soroban Builders

Teams building financial protocols, high-dependency data services, high-traction dApps funded by the Stellar Community Fund are able to request an audit and will typically be matched with a reputable audit firm within two weeks. We recently restructured the program for this year to enhance audit efficiency and incentivize accountability, and rapid and complete vulnerability remediation:

  • Complimentary Initial Audit: Projects will need to contribute 5% of the audit cost upfront, but this co-payment amount is eligible for a full refund, provided that critical, high, and medium vulnerabilities identified are swiftly remediated within 20 business days of receiving the initial audit report (learn more).
  • Incentivized Security at Key Traction Milestones: Complimentary, extensive follow-up audits are available as projects achieve critical traction milestones (e.g., $10M and $100M TVL). These audits include deeper assessments such as formal verification or competitive audits, significantly boosting project security at pivotal stages.
  • Advanced Security Tooling: Projects can enhance their security self-serve through complimentary or discounted access to specialized tooling, which provide vulnerability detection and formal verification capabilities (see full list of available tooling). These tools are encouraged to capture ‘easy-to-spot’ issues prior to audit as well as a final check post-audit to increase the effectiveness and thoroughness of audits.
  • Enhanced Audit Readiness Support: Projects receive structured preparation support, including the implementation of best practices and security standards based on the STRIDE threat modeling framework. This ensures project teams are thoroughly prepared, optimizing audit efficiency and minimizing delays.

Get Started Today

If you're already funded through the Stellar Community Fund, meet the criteria and ready to secure your smart contracts, check your email for an invitation to submit an audit request–if you haven’t received one, contact [email protected].

If you haven't built on Stellar yet, we encourage you to start your journey with the Stellar Community Fund to become eligible for future security audits and ecosystem support. For any broader questions on the program, contact [email protected].

Also, we’re organizing an exciting series of workshops–join us for the kick-off on Soroban Security Best Practices on Friday, May 30, 2025 at 2 PM ET on @StellarOrg. Together, we're shaping a secure and resilient future for smart contracts on Stellar.

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If you find value in my content, consider showing your support via:

💳 PayPal: 
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Santander mulls stablecoin, crypto offering

Bloomberg reported that Banco Santander is mulling introducing euro and dollar stablecoins, or potentially making a third party coin available to clients, citing sources. This move aligns with broader crypto ambitions, as its digital bank, Openbank, has reportedly applied for a European cryptocurrency license under the Mica Regulations and may enable retail access to digital assets.

Systemically important banks embrace stablecoins?

Major banks are now moving from observers to participants in this expanding market. Should Santander confirm plans to launch a stablecoin, it will be the fourth global systemically important bank (G-SIB) to do so. Societe Generale’s FORGE subsidiary launched the EURCV euro coin in 2023. Deutsche Bank is a partner in ALLUnity, another stablecoin initiative with plans to launch this year, subject to regulatory approval. And Standard Chartered is part of a joint venture in Hong Kong that intends to introduce a stablecoin.

Santander’s involvement could extend beyond an individual initiative. The bank is a shareholder in The Clearing House, where the Wall Street Journal reported that US banks are exploring the potential to create a joint stablecoin. If a US initiative took that route it could involve nine more G-SIBs including Bank of America, Barclays, BMO, BNY Mellon, Citi, HSBC, JP Morgan, TD Bank and Wells Fargo.

Apart from these initiatives, our research shows that more than 20 other banks have been involved in stablecoin projects.

Until recently stablecoins were mainly used to settle cryptocurrency transactions and by residents in countries with volatile domestic currencies. During the last year stablecoin infrastructure has been expanding, especially for mainstream cross border payments. Plus, President Trump issued an executive order prioritizing stablecoins. One of the administration’s motivations is this increases demand for US Treasuries, lowering the interest rate the government pays on the Treasury bills.

Santander as an early digital assets mover

Santander’s stablecoin consideration builds on years of blockchain experience. The bank was an early Ripple investor and previously used Ripple’s permissioned network for payments (not XRP), while also embracing permissionless blockchain activities including issuing a digital bond on Ethereum in 2019. This dual approach led to collaborations with other major players – alongside Societe Generale FORGE and Goldman Sachs, Santander participated in the European Investment Bank’s first digital bond, also on Ethereum. Currently, the bank’s most significant digital money initiative involves Fnality, the wholesale blockchain-based settlement network, where Santander ranks among 20 institutional backers and is part of the early adopter group alongside Lloyds Bank and UBS.

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If you find value in my content, consider showing your support via:

💳 PayPal: 
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🔗 Crypto – Support via Coinbase Wallet to: [email protected]

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