Public blockchain ledgers ‘not fit for purpose,’ says JPMorgan
Despite the criticism, TradFi institutions still prefer using public blockchains for real-world asset tokenization.
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Bitget exec says KYC is useful to filter out illegitimate users
Bitget managing director Gracy Chen said that if users are not doing illegitimate activities like money laundering, they should be "pretty comfortable" with the KYC process. 98 Total views 2 Total shares Crypto exchange Bitget has grown significantly despite the challenges brought by the bear market. In 2023, the exchange announced two $100 million funds—one

What are the chances BTC is actually overtaken by another crypto?
When the famous Satoshi Nakamoto first designed his masterpiece, few could possibly have imagined the almost $63,500 peak that sent investors into a frenzy. Even these days, the first-ever cryptocurrency’s price feels hard to believe at times and investors might be pinching themselves every now and then. Taking a seat alongside Bitcoin (BTC) on the…

Japan recommends against algorithmic backing in stablecoins
The potential legal status of the Japanese Financial Service Agency’s recommendation is not clear as the current legislation is silent on algorithmic stablecoins. Own this piece of crypto history Collect this article as NFTAfter passing its landmark legislation on stablecoins in June, Japanese regulators are considering complementing it by restricting the algorithmic backing of stablecoins.…

NFT project y00ts to return $3M grant as it ditches Polygon for Ethereum
DeLabs has promised to return the $3 million grant initially provided by Polygon Labs to support y00ts from Solana to Polygon. 362 Total views 30 Total shares Non-fungible token project y00ts is again switching blockchain networks, only four months after bridging the majority of its NFTs from Solana to Polygon. DeLabs, the NFT firm behind…

Chainlink ditches Ethereum PoW forks for PoS after The Merge
The Chainlink protocol will continue operations on Ethereum after the upcoming Merge to the proof-of-stake consensus layer. 308 Total views 3 Total shares Chainlink is aligning itself with the decision of the Ethereum Foundation and its community. Therefore forked versions of the Ethereum (ETH) blockchain, which includes PoW forks, will no longer be supported by…

Big jump in investors who favor crypto over stocks: Survey
The amount of respondents who said they would be more likely to invest their money in crypto than traditional stocks increased 140% in just five months. 61 Total views 12 Total shares New research by consumer data aggregator CivicScience has found that a growing number of investors are selling their shares to purchase more crypto.…

Opera Releases New Browser With Built-In Crypto Wallet and Web 3.0 Explorer
Major web browser Opera is releasing a new browser with a built-in cryptocurrency wallet. The development was announced in a press release shared with Cointelegraph on April 9.Opera’s new browser Opera 60 (codenamed Reborn 3) features a native cryptocurrency dubbed Opera Wallet and a Web 3 explorer, which enables users to conduct transactions and interact…

Unstoppable Domains adds .eth domains through Ethereum Name Service partnership
Unstoppable Domains and Ethereum Name Service have dominated the decentralized domain name space as competitors — until now. 432 Total views 1 Total shares Two of the biggest platforms powering Web3 decentralized domains have partnered up after Unstoppable Domains announced support for .eth domain names from the Ethereum Name Service (ENS).The two service providers have been…