Crypto Biz: Axelar’s new interoperability stack goes live
With dozens of layer-1 blockchains on the market, communication between networks has become a significant pain point for the broader adoption of Web3-based applications.
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This Chinese City Is Launching a Blockchain Notary Program
Suzhou wants to implement a blockchain-based pilot program to use real-time notarial tracing functions across the country. 3874 Total views 73 Total shares Local media outlets are reporting that a blockchain-powered pilot program will provide a wide range of notary services in Suzhou, China.According to China Quality News, authorities of Suzhou announced on June 5…
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XRP holders ask court to stop the SEC from calling their holdings securities
XRP investors don't want to have their holdings lumped in with Ripple's. 1033 Total views 9 Total shares Several investors in XRP have filed with a Rhode Island court, looking to change the course of the Securities and Exchange Commission's case against Ripple. In response to what it calls "the most significant SEC enforcement action in…
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China’s Digital Yuan to Reportedly Target Dominance of Alibaba and Tencent
China’s central bank may be planning to use its digital currency to curb the dominance of Alibaba and Tencent in the digital payments sector. The People’s Bank of China is purportedly planning to use its digital currency electronic system (DCEP) — another moniker for its central bank digital currency — to target the dominance of…
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NFTs will be ‘even bigger’ than they were in 2021 — Animoca’s Yat Siu
Animoca Brands’ Yat Siu told Cointelegraph that NFTs can be considered an investment in one’s reputation, similar to a Picasso artwork.
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Taurus enhances Zand Bank’s crypto, tokenization services in UAE
The Swiss crypto platform is expanding its stable of large financial institutions.
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Facebook Sources Say That Stablecoin White Paper Will Come on June 18
Multiple sources are expecting Facebook to launch its stablecoin on June 18, IT and fintech magazine TechCrunch reported on June 6.Citing people familiar with the plans, the publication added strength to existing suggestions from both within and outside the company that its secretive cryptocurrency project would appear this month.Previously, rumors had suggested it would be…
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Ticketmaster to Enhance Ticketing System with Blockchain in New Partnership
Global ticketing giant Ticketmaster has acquired blockchain-focused live events firm Upgraded, according to an Oct. 18 press release.Ticketmaster, a division of the world’s largest live-entertainment business Live Nation, plans to use blockchain technology through the partnership as a way to provide more transparency and better control ticket distribution.Additionally, the company hopes it will protect clients…
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Argentina Settles Export Deal With Paraguay Using Bitcoin
Argentina has settled an export deal with Paraguay in Bitcoin (BTC), Cointelegraph en Español reported on Thursday, Feb. 14.In a reported first for both countries, Paraguay has bought pesticides and fumigation products worth $7,100 from Argentina, using cryptocurrency to settle the deal. The purchase was paid for in BTC and then converted into Argentine peso…