Crypto Biz: Consolidation ramps up among crypto firms
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.
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Google Expert Developer Joins Ripple to Lead Crypto-Powered Payments Network RippleNet
Ripple has recently hired a former senior developer at Google’s new wireless messaging service as vice president of products, Reuters reports Friday, Oct. 26.The U.S. tech company that backs the third top cryptocurrency by market cap, Ripple (XRP), has confirmed to Reuters that Amir Sarhangi is leaving his position at Google to lead Ripple’s global…
Thailand’s national airdrop, Delio users screwed, Vietnam top crypto country: Asia Express
Thailand set to budget $16B for a crypto universal basic income scheme, Binance Japan to list 100 digital assets, Delio users' holdings slashed in half, and more. by Zhiyuan Sun 4 min August 31, 2023 Share Tweet Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments. Thailand’s crypto
Bug bounty quadruples for Ethereum network — Up to $1M payouts ahead of Merge
According to the Ethereum Foundation, identifying “critical bugs” — those that have a high impact or likelihood of a high impact on the blockchain — will be worth up to $1 million. 265 Total views 20 Total shares The Ethereum Foundation has announced it will be increasing the network’s bug bounty payouts fourfold ahead of…
‘Terra hit us incredibly hard’: Sunny Aggarwal of Osmosis Labs
Sunny Aggarwal has vivid memories of some of the worst days of his life earlier this year. The blockchain co-founder and his Osmosis protocol were hit hard by the Terra–LUNA collapse and are still recovering from its fallout today. “The Terra crash hit us incredibly hard because we were one of the biggest DEXs for…
Law Decoded, Sept. 26–Oct. 3: New episode of Do Kwon saga
Terra’s co-founder continues his adventures, writing code in his living room, posting on Twitter and hiding from Interpol all at once. 77 Total views 9 Total shares Terra co-founder Do Kwon, wanted by South Korean authorities, seems to live in a digital-era James Bond movie. The businessman, whose whereabouts are currently unknown, reacted via Twitter…
Synthetix (SNX) rallies in anticipation of L2 Curve Wars and Optimism airdrop announcement
Layer-2 (L2) solutions for the Ethereum (ETH) network have grown in prominence over the last year because of the need for scalable networks that offer low-fee transactions and led to numerous projects that built cross-chain bridges with competing blockchain networks. One project that has benefitted from the growth of the L2 scaling solutions is Synthetix (SNX),…
Vietnamese bank issues its first letters of credit on the blockchain
HDBank has processed its first L/C transactions since joining the Contour platform for international trade. 1796 Total views 8 Total shares Major Vietnamese bank HDBank has now become the first bank in the country to issue letters of credit, or L/C, using blockchain technology.According to a Jan. 6 report by local media outlet Việt Nam…
The €1M Bitcoin retirement plan reaches 200K: ‘It’s not too late to invest’
How a blogger who buys €500 of Bitcoin every month since 2017 plans to retire early, and the lessons he learned along the way. 547 Total views 14 Total shares Motivations for buying Bitcoin (BTC) are numerous: a hedge against inflation, financial independence or even hopes for a Lamborghini and life in the sun. For “Mr.…