Vitalik Buterin backs proposed ERC-7683 for cross-chain trade standards
ERC-7683 aims to standardize cross-chain trade execution, enhancing interoperability between decentralized networks.
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BIS releases full report on mBridge wholesale CBDC platform after successful pilot
The Bank for International Settlements is on a roll with its third publication within days detailing how commercial banks in four jurisdictions transferred funds using CBDC. 193 Total views 3 Total shares The Bank for International Settlements (BIS) has released the full details of its mBridge pilot project to use central bank digital currencies (CBDCs)…
Transit Swap ‘hacker’ returns 70% of $23M in stolen funds
The funds returned so far has come in the form of Ether (ETH), Binance-pegged ETH and BNB ($14.2 million). 139 Total views 3 Total shares A quick response from a number of blockchain security companies has helped facilitate the return of around 70% of the $23 million exploit of decentralized exchange (DEX) aggregator Transit Swap.The…
Polychain, Franklin Templeton back Bitlayer’s $9M Series A extension
The Bitcoin layer-2 startup has raised more capital for its upcoming Bitlayer v2, bringing its total funding to $25 million to date.
China: Shenzhen Identifies 39 Crypto Exchanges Defying Trading Ban
Cryptocurrency exchanges operating illegally in one city in China will face the wrath of a joint government effort to oust them, reports claim.On Nov. 22, authorities in Shenzhen have identified a total of 39 exchanges falling foul of China’s cryptocurrency trading ban, according to local news outlet Sanyan Finance. PBoC highlights Bitcoin and Ethereum in probeThe…
Ecosystem developers bring Bitcoin to Cosmos network
nBTC will be usable across more than 50 app-chains connected to Cosmos IBC. 172 Total views 7 Total shares Osmosis, the largest decentralized exchange (DEX) on Cosmos, will be bringing Bitcoin (BTC) to the namesake inter-blockchain communications (IBC) protocol together with Nomic and Kujira.According to an October 3 announcement during the Cosmoverse 2023 Conference, users
Congress Weighs Digital Dollars for Aid After Stalled COVID-19 Stimulus Payments
On June 11, the Congressional Fintech Task Force held a hearing examining FedAccounts and a digital dollar as ways of expanding financial inclusion in the United States.Particularly in the aftermath of greatly delayed $1200 stimulus payments directly to U.S. citizens, the digital dollar has gotten much more attention. A number of bills appeared in the…
Kyrgyzstan’s acting president claims blockchain can ensure fair elections
Can a technological fix really combat a corruption-ridden political order? 1101 Total views 20 Total shares Kyrgyzstan's acting President and Prime Minister Sadyr Japarov has proposed introducing a blockchain-based system to ensure fair elections in the near future and restore public faith in the democratic process. On Oct. 20, Japarov reportedly told Al-Jazeera television channel…
Ethernity Chain to collaborate with Kenetic to further NFT ecosystem
The partnership is seemingly another bullish sign for a growing NFT market. 1832 Total views 18 Total shares Community-oriented non-fungible token platform Ethernity Chain is partnering with Hong Kong-based crypto investment firm Kenetic Capital to expand its ecosystem.According to an announcement today, Kenetic will support the Etherenity Chain network by expanding the development and adoption…