Tagged: distributed ledger technology

CFTC Recommends Expansion of Non-Cash Collateral via Distributed Ledger Technology (DLT)

The Commodity Futures Trading Commission’s (CFTC) Global Markets Advisory Committee, sponsored by Commissioner Caroline D. Pham, advanced a recommendation to expand the use of non-cash collateral through the use of distributed ledger technology. The GMAC’s Digital Asset Markets Subcommittee presented on the progress of its… Read More

Binance Labs Invests in Brevis to Enable Use Cases with Off-Chain, Verifiable Computation Solutions

Binance Labs has reportedly invested in Brevis, a ZK-coprocessor platform that unlocks new use cases for apps by allowing verifiable, trust-free computations on historical on-chain data. Brevis’ product, the ZK-coprocessor, empowers smart contracts to trustlessly access and run arbitrary computations on historical on-chain data, such… Read More

Prague Stock Exchange Introduces Distributed Ledger Tech (DLT) enabled Setttlement System

CSD Prague reportedly received its first European DLT register approval. The Central Securities Depository (CSD) claims that is focused on leading innovation in the European capital market with the introduction of DLT (Distributed Ledger Technology). This technology has the potential to significantly enhance the financial… Read More

Utila Integrates with TRM Labs to Enhance AML for Institutional Digital Assets Operations

Utila, an institutional MPC wallet platform, and TRM Labs, a provider of blockchain intelligence, announced a strategic integration to empower institutional clients to integrate AML compliance into their crypto operations workflows, improving risk management capabilities. Via this latest integration, Utila users will reportedly be able… Read More

European Central Bank (ECB) to Conduct Distributed Ledger Tech (DLT) Trials

The European Central Bank (ECB) is focused on carrying out DLT or distributed ledger technology trials, which are currently underway. The Eurosystem is currently testing distributed ledger technology (DLT) for wholesale transactions in central bank money. During these trials, 16 private firms as well as… Read More

91M Transactions Per Day Processed By Fastest Blockchain – Research Report

The fastest blockchain has reportedly processed 91M transactions in a day, according to an update shared by CoinGecko. CoinkGecko recently shared a detailed report that examines which network support the fastest blockchain in the fast-evolving Web3 space. According to the report from CoinGecko, Solana has… Read More

Nordic Blockchain Association Welcomes Taurus to Expand Digital Asset Adoption Among Financial Institutions

Taurus SA is pleased to announce its new membership with the Nordic Blockchain Association (NBA), a non-profit organization dedicated to the advancement of blockchain technology in the Nordic countries. This partnership highlights Taurus‘ commitment “to supporting digital assets growth with traditional financial institutions in the… Read More

Fintech Truflation Integrates Chainlink CCIP to Tap Cross-Chain TRUF Transfers

Truflation are pleased to announce Truflation integrated Chainlink CCIP, the industry standard for secure cross-chain interoperability, across the Arbitrum, Base, and Ethereum mainnets. They are leveraging CCIP’s Simplified Token Transfer capabilities “to facilitate cross-chain transfers of our native token TRUF, enabling  cross-chain payments for node… Read More

Stablecoin Transactions Across Tron, Ethereum, Solana Serve As Crucial Proxy for L1 Blockchain Usage – Report

Innovation once more appears to be heating up in the digital asset space as old paradigms are set aside and new horizons become realized, the team at Coin Metrics noted. Coin Metrics also mentioned that Bitcoin is evolving “from a specialized chain whose primary purpose… Read More

Blockchain and Web3 Platform Avalanche Integrates with Fintech Stripe for Crypto Onramping

Stripe, a financial infrastructure platform for businesses with a fiat-to-crypto onramp, now supports the Avalanche C-Chain. Retail users can purchase AVAX directly through Stripe, “removing the need to go through an exchange.” Available to U.S. Stripe’s fiat-to-crypto onramp is “a customizable widget embedded into Avalanche… Read More

Digital Assets: VASPs Are Reportedly Leveraging SkyInsights for Crypto Compliance Requirements

CertiK notes that for about a decade, Chainalysis has been at the forefront of blockchain analytics and crypto compliance, “providing comprehensive coverage across a range of blockchains and tokens, and setting industry benchmarks with its data attribution and labeling capabilities.” However, CertiK claims that leading… Read More

Digital Assets Platform OKX Partners with Web3 focused Immutable

OKX is working with Immutable, a Web3 gaming platform. This partnership is expected to include the introduction of “a GameFi NFT launchpad and the integration of Immutable’s gaming-focused zkEVM chain into our OKX Marketplace and OKX Wallet.” OKX says that they aim “to transform how… Read More

Blockchain Adoption: Nansen and Mantle to Provide Insights into Their Ecosystem

Nansen has recently announced a new partnership with Mantle in order to deliver key insights into their ecosystem. In a blog post, Nansen confirmed their latest collaboration with Mantle Network, to deliver informative insights into the Mantle Ecosystem. Nansen said they are pleased to unveil… Read More

Ethereum (ETH) Equivalent ZK Rollup Project Taiko Reports New Funding Round

Taiko has acquired $15 million via a Series A round, bringing its total outside investments to $37 million. The initiative’s developers claim to be working on an Ethereum-equivalent ZK rollup with “based sequencing” – both described as being technological innovations. However, Taiko currently faces an… Read More

Web3 Adoption: Tenzro Launches AI Enhanced Platform for Creatives on Avalanche

Tenzro is launching its AI content platform on Avalanche, aiming to serve as an open, composable platform for any developer to be able to easily launch AI-powered creative content capabilities. By enabling dApp builders with robust AI capabilities, Tenzro believes that “all content creators, such… Read More

UBS Expands Digital Asset Capabilities with Hong Kong’s Tokenized Warrant on Ethereum Network

UBS AG (NYSE:UBS) announced the launch of Hong Kong’s investment-grade tokenized warrant on the Ethereum public blockchain network. This innovative product utilizes the on-chain issuance product framework “offered by UBS Tokenize, the bank’s in-house tokenization service.” The product is a call warrant with Xiaomi Corporation… Read More

Wormhole Foundation, which Focuses on Cross-Blockchain Communication, Announces Contributor Grant to Lurk Lab

The Wormhole Foundation, a research and development organization dedicated to cross-blockchain communication, is pleased to announce a Contributor Grant to Lurk Lab. This marks a pivotal advancement in the evolution of the Wormhole platform, which, in collaboration with Lurk’s engineering team, will be “incorporating trustless… Read More

Web3 Adoption: Open Campus ID, a Decentralized Identifier, to Connect Learners from Network of Partners to Access Web 3 Education

Open Campus announced that Open Campus ID, its decentralized identifier (DID), will launch on 23 January to “connect potentially millions of learners from Open Campus’ network of partners to Web3 education through the Open Campus Alliance.” The Open Campus Alliance is described as “an ecosystem… Read More

Chainalysis Appoints Omesh Agam as Chief Information Security Officer

Chainalysis is announcing that Omesh Agam has joined the company as the Chief Information Security Officer (CISO). Omesh reportedly brings to Chainalysis “more than 20 years of experience in cybersecurity, having served in leadership positions for global security operations, security engineering, and all facets of… Read More

Digital Assets and Blockchain Report: AI, GameFi, Solana Attract Significant Investments As Crypto Market Matures

The most notable crypto narratives in 2023 were focused on initiatives around artificial intelligence (AI), GameFi, and meme coins, which captured “one-third of investor interest,” according to an update shared by CoinGecko. CoinGecko noted in its report that the Solana ecosystem, BRC-20 tokens, and real-world… Read More

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