Proof of funds technology seeks to replace exchanges’ reserves reports
Data lake provider TRES is introducing a new mechanism to track exchange and custodian reserves, joining Chainlink and other solutions catering to institutional demand.
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China launches blockchain-powered data exchange
The platform will facilitate the buying and selling of Web3 data among enterprises; Alibaba Cloud and Huawei are among the companies to participate. 399 Total views 25 Total shares During the 2023 Hangzhou Summit held in Hangzhou, China, a new data exchange powered by blockchain technology was unveiled by government officials. Over 300 enterprises, including…

Solana-to-Bitcoin cross-chain bridge aims for Q3 2024 launch
The ZPL-powered zBTC token will allow Bitcoin holders to engage with the Solana DeFi ecosystem.

Fidelity doubles down on Hong Kong crypto operator
The mutual fund giant now owns 6.29% of BC Technology Group following the latest cash injection. 787 Total views 5 Total shares Fidelity Investments, one of the world’s largest asset managers, has poured more capital into a Hong Kong-based cryptocurrency operator — offering yet another bullish indicator for the evolution of digital-asset markets worldwide. An exchange…

Wharton accepts crypto payments for blockchain program tuition fees
The six-week program costs $3,800 and the Ivy League university expects to attract thousands of students each year. 63 Total views 20 Total shares Crypto adoption scores another win with the Ivy League University of Pennsylvania, but there’s a catch.The Wharton School, one of the premier business schools in the United States, will accept Bitcoin (BTC) and…

$33.5 billion worth of ETH ‘trapped’ in largest Ethereum contract
The largest Beacon chain staking contract worth $33.5 billion is awaiting the Ethereum mainnet merger to unlock. 915 Total views 8 Total shares The single largest Ethereum contract containing 8,641,954 Ether (ETH) worth $33.5 billion is sitting idle because it cannot be spent or sent.A Twitter user highlighted the Beacon chain contract claiming it to…

Tap and Pay crypto coming to Coinbase Wallet, L2 interoperability in months
Jesse Pollak, the creator of the Ethereum layer-2 network Base, expects the Coinbase Wallet feature to be available for users in 50 countries by the end of 2025.

The total market cap of public crypto stocks has quadrupled since January
The combined capitalization of publicly-traded crypto stocks surged from roughly $25 billion in January to around $100B today. 16 Total views 1 Total shares The combined market cap of publicly-listed crypto firms has roughly quadrupled this year while the number of public digital asset firms has increased by 28% over the same period.A new report…

A Birthday Look: 5 Years of Ethereum Network Updates, Delays and Changes
Five years ago to the month, a massive crypto project launched, forever changing the landscape of the crypto and blockchain space. Since its 2015 opening day in July, Ethereum has undergone a number of planned changes. The project’s recent move into proof-of-stake, or PoS, has faced a number of delays. Ethereum launches in 2015On July 28,…