EigenLayer’s EigenDA to support layer-2 native token restaking
Users will be able to earn restaking yield from layer-2 tokens on EigenDA.
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Walmart Requires Certain Produce Suppliers to Deploy Blockchain Technology
U.S. retail giant Walmart and its division Sam’s Club, a membership-only retail warehouse club, will require suppliers of leafy greens to implement a farm-to-store tracking system based on blockchain tech, Reuters reported September 24.The end-to-end traceability system is based on distributed ledger technology (DLT) developed by computing giant IBM. According to the report, Walmart will…
Dutch central bank approves first crypto service under AMLD5 regulations
The Netherlands has imposed tight regulations related to EU anti-money laundering laws. 975 Total views 21 Total shares The central bank of the Netherlands, De Nederlandsche Bank NV (DNB), has granted AMDAX BV the ability to operate under its jurisdiction. This marks the first time a digital asset company has been approved in the country following…
200 smart contracts launch on Cardano … but there’s a catch
A raft of smart contracts have launched on Cardano, but they are in a timelock and cannot be used yet. 3862 Total views 15 Total shares More than 200 smart contracts have been listed on the Cardano blockchain explorer following the Alonzo upgrade on September 13 — but there’s a catch. As of now, the smart…
Arbitrum-based Jimbos Protocol hacked, losing $7.5M in Ether
The attacker used the lack of slippage control over tokens to steal the funds. 227 Total views 1 Total shares Adding to the growing number of decentralized finance (DeFi) protocol hacks in the crypto industry, Jimbos Protocol is the latest to suffer an attack resulting in a significant loss of funds.According to blockchain security firm…
Tether fires back against report it is using reserves for investments and making crypto-backed loans
"If those loans fail, even a small percentage of them, one Tether would become worth less than $1," said Bloomberg reporter Zeke Faux. 466 Total views 2 Total shares Tether (USDT), the largest stablecoin issuer by market capitalization, has refuted the details of a Bloomberg story on its reserves holdings.In a Thursday report, Bloomberg journalist…
Fiat-Backed Stablecoins — Attempt to Take the Best of Both Worlds
Stablecoins attempt to be fiat currencies among cryptos. They can be a medium of exchange, a means of storing value and a unit of account. Unlike other digital coins, stablecoins are tied to some kind of stable asset — such as the United States dollar, euro or even gold. Linking to such assets confirms the…
Hamster Kombat user drop ‘expected’ but team plans to ‘re-engage’
Hamster Kombat is planning its comeback as Telegram Mini Apps Paws and Blum surge in popularity.
Russian Railways to Consider Blockchain Use for Users of Discounted Transport Services
Russia’s national pension fund is settling an agreement with Russian Railways to use blockchain for tracking transport passengers that qualify for discounted services, Moscow-based news agency Rambler News Service (RNS) reports on March 1.Anton Drozdov, the head of the Pension Fund of the Russian Federation, revealed that the state-owned fund is expected to close the…