Big banks rush in to test ECB’s wholesale distributed ledger tech

Decentralized liquidity network Bancor announced it had completed its partnership with EOS to provide cross-blockchain token swaps in a press release shared with Cointelegraph Nov. 5.Originally announced in September, Bancor has now expanded to the EOS blockchain, using its decentralized application (DApp) BancorX to allow users to convert between Ethereum and EOS-based tokens, without exchanges.The move…

Blockchain firm Nebula Genomics has announced a collaboration with EMD Serono, the North American biopharmaceutical business of Merck KGaA — the world’s oldest operating pharmaceutical firm. The news was announced in a press release shared with Cointelegraph on June 11.As previously reported, Nebula is a blockchain-powered platform for genome-sequencing data, co-founded in 2017 by renowned…

Private key manager Casa has launched a transaction relay feature to offer Ethereum users more privacy when transacting from their personal vaults. 353 Total views 15 Total shares Cryptocurrency self-custody platform Casa has rolled out new functionality for its recently launched Ether (ETH) vaults, allowing users to transact via a relay for added privacy.Casa added a

This development follows the company's previous disclosure of a security breach resulting in fund losses in May 2023. Patricia, a Nigerian cryptocurrency exchange, has revealed the introduction of its own native token named Patricia token (PTK). However, this launch has generated more doubt than applause within the local cryptocurrency community.Native tokens are digital assets that…

Public authorities across the globe continue to press the developers of Libra, Facebook’s proposed stablecoin-like digital asset. On Sept. 16, Libra representatives met with the Committee on Payments and Market Infrastructure (CPMI), a part of the Bank for International Settlements (BIS) — an umbrella group for 60 central banks and monetary authorities — to discuss the…

Elon Musk and COVID-19 have something in common: They have both panicked investors — at least once — into dumping their Bitcoin (BTC) holdings.The similarities notched up higher in the previous six days as Musk doubled down on his chaos-inducing perspective toward Bitcoin. The billionaire entrepreneur engaged in a Twitter spat with top cryptocurrency advocates…

In previous bull market cycles, there has been a measurable correction before a rally at the end of the year — and if history rhymes it could be on the cards again.We’ve certainly experienced the correction: Bitcoin hit an all-time high of around $69K on Nov. 10 and has retreated around 17% to current levels.Some…

The global asset manager HashKey Capital closed the funding round for its FinTech Investment Fund III, with which it plans to invest in startups and projects in the space perpetuating mass adoption. 186 Total views 5 Total shares Own this piece of history Collect this article as an NFTDespite the ongoing crypto winter, which has…

Leading Ethereum-based DEX Uniswap has now crossed the $50 billion mark in lifetime volume, although some are skeptical about the sources of the platform’s liquidity. 1452 Total views 11 Total shares Leading decentralized exchange Uniswap has surpassed $50 billion in all-time trade volume, a major milestone for the DEX sector.On Dec. 15, Uniswap creator Hayden…