HKMA Introduces Supervisory Incubator to Support Adoption of Distributed Ledger Technology (DLT) by Omar Faridi

Mantle Blockchain Ecosystem Expands with USDe and mETH Integrations on Compound

Mantle, the blockchain ecosystem behind Ethereum layer 2 (L2) Mantle Network and Ether liquid staking protocol mETH Protocol, announced the integration of Ethena’s USDe and Mantle’s mETH on Compound, one of the DeFi lending protocols. This integration supports Mantle’s commitment to fostering synergy within its… Read More

L1 Blockchain Kadena Teams Up with Ownera

Kadena, the “scalable” Layer 1 Proof of Work (PoW) blockchain, announces a strategic partnership with Ownera, a Fintech enabling distribution and trading of tokenized assets through their global interconnectivity network. This collab integrates Kadena’s blockchain tech with tokenization applications using Ownera’s FinP2P routers to “connect… Read More

ApeX Report Finds Increased Scams Come With Crypto Value Hikes

As Bitcoin’s price surges, it is attracting more thieves. According to the FBI, in 2022, crypto scams resulted in north of $2.57 billion in losses. The average victim lost $54,000. The increasing intersection of cryptocurrency popularity and evolving fraud tactics highlights the critical need for… Read More

Chainlink SmartData Adopted By M^0 to Bring NAV Data Onchain for $M Stablecoin

M^0 has adopted Chainlink infrastructure to deliver net asset value (NAV) data on Ethereum for their “decentralized” stablecoin, $M. ​​By leveraging Chainlink’s SmartData suite of asset servicing solutions, they are “improving the transparency” of $M. The core M^0 protocol is a coordination layer for “permissioned… Read More

Senate Banking Committee to Form First Crypto Subcommittee

The US Senate Banking Committee is reported set to establish its inaugural subcommittee focused on digital assets, marking a significant move just days after Republicans assumed control of the Senate following recent elections. According to reports, this initiative aligns with President-elect Donald Trump’s vision of… Read More

Tectum Claims to be “World’s Fastest Blockchain”

Dubai-based Tectum has issued a statement claiming to be the “world’s fastest blockchain.” According to the company the ledger technology has a “theoretical peak” of 3.5 million transactions per second (TPS). Of course, this is not something that is immediately verifiable. Alexander Guseff, Founder and… Read More

Pyth Network and Digital Bank Revolut are Focused on Enabling Future of Mainstream Finance

Pyth Network and digital banking plaform Revolut are focused on enabling the future of mainstream finance. As the boundaries between traditional and decentralized finance blur, Revolut—a global enabler of digital banking—has partnered with Pyth Network as a data publisher to contribute its “trusted price data”… Read More

EU: MiCA Predicted to Reshape Global Stablecoin Markets

While MiCA [Markets in Crypto Assets] rules in the EU do not regulate securities it does outline a path for stablecoin integration. Stablecoins may emerge as the next iteration of payments rails with immediate transfers and low cost services. Dary McGovern, Chief Operating Officer of… Read More

Former Head of Nasdaq Digital Assets Joins Offchain Labs

The team behind Arbitrum and Prysm has hired Ira Auerbach as Head of Tandem, the studio and VC arm of Offchain Labs. Auerbach was previously Senior Vice President and Head of Digital Assets at Nasdaq. Auerbach is expected to support projects building innovative blockchain applications… Read More

Digital Assets focused Custodia Bank Achieves SOC 2 Type II Compliance Certification

Custodia Bank is pleased to have achieved the System and Organization Controls (SOC) 2 Type II audit, showcasing their ongoing commitment to safeguarding data. According to the update shared by Custodia Bank, this certification reflects their dedication and sharp focus on maintaining the “highest standards… Read More

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