BlackRock’s BUIDL goes multichain

Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting. 231 Total views 1 Total shares Decentralized liquid staking protocol Lido Finance has announced a decision to cease operations on the Solana blockchain following a community vote in Lido’s decentralized autonomous organization.The proposal to sunset Lido

The Swedish CBDC is now technically ready for integration with banks and payment service providers, according to a report from Riksbank. 94 Total views 1 Total shares The Swedish central bank’s digital currency project, a proposed CBDC, known as the e-krona has successfully finished its second phase of trials. According to Riksbank, the nation's central…

Binance is now an official blockchain advocate in Europe alongside Ripple. Blockchain for Europe, a major European association advocating for the balanced regulation of the blockchain industry, has welcomed the world’s largest cryptocurrency exchange.Binance, the biggest exchange by daily trading volume globally, has joined Blockchain for Europe, the association announced on Sept. 3.By entering the…

Blockchain-based solution may help to contain the growing cases of COVID-19 across the UAE. 1732 Total views 36 Total shares UAE-based startup incubator, in5, is helping to design blockchain-based methods to contain the COVID-19 pandemic in the country and thus flatten the curve.According to a report published on May 20, Liber Health, supported by in5,…

The application included a Nasdaq-Coinbase agreement “intended to supplement the exchange’s market surveillance program” following the SEC reportedly saying the filing was unclear. The most recent filing involving asset manager BlackRock’s attempt to launch a spot Bitcoin exchange-traded fund (ETF) included a “surveillance-sharing agreement” with cryptocurrency exchange Coinbase.According to a June 29 filing with the…

Late last week, the United Kingdom’s Financial Conduct Authority issued temporary licenses to applicant companies looking to become licensed crypto-asset firms. However, with the publication of this list of temporarily authorized firms has come a large amount of confusion for those that applied or were thinking of applying.The deadline for companies to have acquired this…

The National Bank of Cambodia’s new digital currency is called Bakong. It’s effectively a central bank digital currency (CBDC) that was launched on a trial basis throughout Cambodia in July. Chea Serey, director-general of the National Bank of Cambodia, said the system will be operational within the present fiscal quarter. Serey described Bakong as “the national…

Each company has its own special plans for the Quest mixed-reality device.