Ethereum L2 ecosystem processes a record 12.4M transactions in a day

Liquid’s operational halt comes five days after the exchange suspended all withdrawals due to FTX’s bankruptcy filing. 236 Total views 3 Total shares Liquid has suspended all trading operations on its platform in line with instructions from FTX Trading, the firm announced on Twitter on Nov. 20. The statement indicates that Liquid exchange paused “all…

A bottle of 52-year-old whisky made at Japan’s famous defunct Karuizawa distillery is being auctioned off as a nonfungible token (NFT).The starting price for the NFT and bottle of whisky is a dizzying $75,000, or about 62 Ether (ETH). Direct-to-Customer NFT wine and spirits marketplace BlockBar is handling the auction.To whisky collectors, the ultra-rare bottle…

Filecoin's mainnet is on pace, with its testnet competition possibly commencing in July. 1074 Total views 38 Total shares After releasing details of its testnet competition several days ago, Filecoin business development staff Angie Maguire said the project's mainnet is on pace for this summer."The Filecoin mainnet is on track for our launch window July…

IBM Quantum and Microsoft have formed a coalition to tackle post-quantum cryptography alongside not-for-profit research tank MITRE, U.K.-based cryptography firm PQShield, Google sibling company SandboxAQ, and the University of Waterloo.— University of Waterloo (@UWaterloo) September 26, 2023 Post-quantum cryptography (PQC) addresses the potential threat posed by quantum computers of the future. Current cryptography schemes rely

Some analysts are eying an Ether rally above $3,000, but traders may have to wait until October.

Tim Plakas has left the major United States crypto exchange Coinbase to join the cryptocurrency bank founded by Michael Novogratz, Galaxy Digital, an anonymous source purportedly told The Block on May 28.Plakas’ departure follows four senior executive departures from Coinbase in approximately the last seven months.Plakas reportedly held the position of over-the-counter (OTC) trading head…

Access to and use of financial services, known as financial inclusion, is crucial for economic growth and development. Unfortunately, a large portion of the population, particularly in developing nations, still lacks access to basic banking services. The World Bank estimates that 1.4 billion adults worldwide are without access to these services, which limits economic opportunities…

The Bank of Montreal and Ontario Teachers’ Pension Plan have tested a Canadian-dollar debt deal using blockchain, Bloomberg reports August 15. In the pilot transaction, the bank is said to have sold $250 million Canadian dollars (around $190 million) of one-year floating rate deposit notes to the teachers’ pension fund, implementing blockchain tech to mirror…

Circle will take on full operational and governance responsibility after five years, thanks to increased regulatory clarity. 347 Total views 3 Total shares Coinbase and Circle have redefined their relationship, according to identical announcements on the Coinbaseand Circle blogs on Aug. 21. The two organizations jointly launched the USD Coin (USDC) stablecoin and have until…