Abra settles with SEC over unregistered securities charges
The SEC announced securities charges against the lending platform over its Abra Earn service but also said the firm had settled with pending civil penalties and an injunction.
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Gate.io denies liquidity problems after Multichain CEO goes missing
Some Twitter users posted transactions showing large inflows of MULTI and FTM to Gate.io, leading them to perceive a connection between the two organizations. 357 Total views 4 Total shares Centralized crypto exchange Gate.io denied rumors of illiquidity on May 31, stating that “there are no issues with our operations or withdrawals as rumored.” The…
Bakkt Begins Testing Bitcoin Futures Platform Following Hype and Delays
Bakkt, the long-awaited Bitcoin (BTC) futures platform from the Intercontinental Exchange (ICE), has begun testing the delivery of BTC futures, according to an official tweet on July 22.Per the tweet, user acceptance testing for Bitcoin daily and monthly futures began today with participants from around the world.The platform initially announced the launch of futures testing…
Aussie banks ANZ and NAB won’t ‘endorse’ retail speculation on crypto
Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ adding its happy it didn’t “go head long” into a cryptocurrency offering. 199 Total views 22 Total shares Executives at two of Australia’s “big four” banks have ruled out allowing retail customers to trade…
Polygon launches POL token contract on Ethereum to eventually replace MATIC
The team migrated the POL token contract to the Ethereum network, paving the way for it to replace MATIC in the future. 637 Total views 7 Total shares Polygon Labs has launched the Ethereum contract for the new Polygon token, POL, according to an October 25 announcement. The new token is intended to replace the
Hyperledger announced new members at commencement of global forum
The group said the addition of its newest members will introduce a diversity of innovations and accelerate the development of decentralized technologies. 276 Total views 18 Total shares Hyperledger Foundation, a global open source collaboration of enterprise blockchain technologies, has commenced its largest annual event, the Hyperledger Global Forum 2022. Ahead of the event on Monday,…
Singapore central bank reports on tokenized asset network models after trials
Three trial use cases have been completed as part of the project, and the report uses them as a “framework for consideration” of financial market infrastructure. As asset tokenization continues at a rapid pace, the Monetary Authority of Singapore (MAS) and 11 financial institutions examined infrastructure models to facilitate tokenized asset trading. The key to…
Crypto wallets will evolve into 'filing cabinets' by 2030: Crypto exec
Reown CEO Jess Houlgrave believes crypto wallets will transition into a “collection of wallets and accounts that can interact with each other.”
How Blockchain Tech Is Revolutionizing Traditional Lotteries
In today’s evolving business world, industry leaders across the globe are turning to blockchain technology to revolutionize their respective industries. Although blockchain is still a relatively new concept, a growing number of companies are now investing in it. Blockchain has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency and…