Stablecoin competition heats up as MEXC invests $20M in Ethena’s USDe

The country's legislature has passed a law that would impose financial monitoring on crypto platforms. 64 Total views 3 Total shares According to new legislation passed by the upper house of the country's national parliament today, crypto businesses in Kazakhstan may soon be subjected to Anti-Money Laundering (AML) regulations, as reported by local news outlet Vlast. The…

Celestia will become an option for data availability within the Polygon CDK software. The Celestia network will integrate with Polygon’s chain development kit (CDK) sometime “early next year,” according to a Dec. 11 announcement. The integration will provide an “easily-pluggable component” for Polygon-based networks to use Celestia for data availability.Celestia block explorer “Celenium.” Source: CeleniumThe

Tornado.cash has launched complete immutability for its smart contracts, despite the potential security risks. 381 Total views 27 Total shares Fledgling Ethereum anonymization protocol Tornado.cash has launched completely immutable smart contracts — rendering the protocol “unstoppable” from May 21.While the project has extolled the virtues of immutability and declared that “code is law,” many within…

While there are inherent strengths to be found in both centralized finance and decentralized finance companies, there are certain areas in which DeFi shines, including user empowerment, transparency and reach. While customers may be drawn to CeFi’s perceived security and strength advantages, in an increasingly digital, global economy, if CeFi companies can’t keep up with…

The Bank of England is continuing to devote significant resources to researching digital money in both private and public forms. With an eye on both the domestic and international context, the central bank’s latest discussion paper, published June 7, outlines the role and possible developments of both in the ongoing evolution of money.Commenting on the paper’s…

Telegram founder Pavel Durov says Hamster Kombat’s viral success could onboard over 200 million people to blockchain technology.

The internet has reshaped society over the past 40 years, and experts are predicting that digital technologies and artificial intelligence will continue to transform how humans interact with data for the foreseeable future.One AI-focused cryptocurrency project that has seen tremendous growth since the beginning of 2021 is SingularityNET and its talented humanoid robot named Sophia.AI…

A new report on Japanese crypto regulation, an institutional crypto custody service, and more headlined news from Japan this past week. 367 Total views 22 Total shares This week’s headlines from Japan included research company Xangle releasing a report on Japanese crypto regulation, Binance supporting Japan's language but not its residents, SBI Holdings turning gift…