Tagged: dlt

August 22, 2023 @ 9:35 pm By Omar Faridi  |  

USDC is launching on six new blockchains, and Coinbase (NASDAQ:COIN) says that it is increasing its support for stablecoins with an investment in Circle. Circle will reportedly “take full control over USDC issuance and governance.” Meanwhile, Coinbase and Circle will also “maintain a commercial relationship.”… Read More

August 20, 2023 @ 10:03 pm By Omar Faridi  |  

ZetaChain, the layer-one blockchain that brings universal interoperability to crypto, has closed a $27 million equity funding round from a range of top participants. The participants in the equity round “include Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation… Read More

August 20, 2023 @ 4:55 pm By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the largest digital financial services platforms in the world, announces the start of practical tests as part of its integration into the pilot project of Drex, the Brazilian digital currency formerly known as Real Digital. The start… Read More

August 14, 2023 @ 4:56 pm By Omar Faridi  |  

Jeremy Allaire, CEO at Circle Internet Financial, says that the next major pillar of the Fintech firm’s strategy is Web3 services. Last year, Circle made an acquisition of a crypto infra platform called Cybavo. This week, the company has launched the first new product milestone… Read More

August 14, 2023 @ 12:52 pm By Omar Faridi  |  

Telos announces its partnership with Open Ocean, which claims to be one of the widest reaching decentralized exchange (DEX) aggregators in Web3. From swaps and gas-free limit orders to its powerful v3 API, OpenOcean is “an ‘all-in-one’ crypto-companion every crypto user and platform needs.” Through… Read More

August 14, 2023 @ 10:10 am By Omar Faridi  |  

Digital asset firm Gemini is pleased to announce support for XRP Ledger (XRP), adding a new blockchain to Gemini’s growing list of supported networks. XRP is now “available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile… Read More

August 9, 2023 @ 12:15 pm By Omar Faridi  |  

On July 30th, 2015, the Genesis block of Ethereum was created. Eight years later, today Ethereum is the dominant blockchain network “with growing developer interest, lower transaction fees, and faster settlement times.” Yet, fewer than 0.5% of the 100 million developers worldwide “are actively building… Read More

August 9, 2023 @ 11:09 am By Omar Faridi  |  

Chainlink Price Feeds are live on Base—a fast and “highly scalable” layer-2 blockchain incubated by Coinbase and secured by Ethereum. With this integration, developers building on Base can “have access to industry-standard Chainlink Data Feeds and other web3 services.” The native integration of Chainlink Price… Read More

August 8, 2023 @ 9:55 pm By Omar Faridi  |  

Coinbase, one of the largest and most established cryptocurrency exchanges in the US and other jurisdictions, is stepping into the Layer 2 market with the launch of Base. As a key blockchain industry move, deBridge has integrated Base “to bring high performance cross-chain trading and… Read More

August 8, 2023 @ 8:12 pm By Omar Faridi  |  

The Tel Aviv Stock Exchange has signed a strategic agreement with Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. This strategic partnership empowers TASE “to offer a comprehensive range of innovative and secure digital asset products and… Read More

August 8, 2023 @ 11:21 am By Omar Faridi  |  

The last couple of months have been anything but “dull” for the digital asset industry – enforcement actions, regulatory proposals, the first ever SPBD approval and, of course, the landmark Ripple decision, the team at tZERO recently noted. tZERO Group, Inc., which claims to be… Read More

August 8, 2023 @ 8:47 am By Omar Faridi  |  

Celo Foundation announced that Google Cloud is running a validator on the Celo network, which is helping to strengthen the overall security of the network. This initiative builds on Google Cloud and the Celo Foundation’s April announcement to support sustainability-focused startups “in the Celo ecosystem… Read More

August 8, 2023 @ 6:12 am By Omar Faridi  |  

Vodafone’s ‘Economy of Things’ Digital Asset Broker (DAB) business is connecting with Aventus, which helps enterprises adopt Web3 – the new blockchain-based decentralised world wide web. The two companies will “use their collective strengths to help more businesses and strategic partners take advantage of Web3’s… Read More

August 6, 2023 @ 2:34 pm By Omar Faridi  |  

The researchers at Coin Metrics have shared an update, titled, “Decoding the Digital Dollar: Unraveling the Risks of Stablecoins.” Lucas Nuzzi and Kyle Waters from Coin Metrics have noted that earlier this month, the U.S. House Committee on Financial Services convened “to discuss proposed legislation,… Read More

August 5, 2023 @ 2:08 pm By Omar Faridi  |  

LongHashX, which claims to be one of the world’s leading Web3 accelerators with the strong network in Asia, is continuing its partnership with Protocol Labs, the creator of Filecoin and IPFS, in order “to launch the Filecoin Virtual Machine (FVM) Genesis Accelerator.” The 12-week program,… Read More

August 4, 2023 @ 5:14 pm By Omar Faridi  |  

Onfido, which claims to be the global leader in automated digital identity verification, today announced that they have partnered with 0xKYC, an innovative startup bringing zero-knowledge proof identity solutions to Decentralized Autonomous Organizations (DAOs). 0xKYC, which is currently in its seed round of investment, is… Read More

August 4, 2023 @ 7:45 am By Omar Faridi  |  

Orbital, the London, Tallinn and Gibraltar-based traditional finance and crypto payments platform for global enterprises, has raised £5M ($6.4M) in “an oversubscribed growth round led by Golden Record Ventures, at an attractive valuation in which the founders are maintaining a large majority.” Participants in the… Read More

August 2, 2023 @ 9:14 am By Omar Faridi  |  

On-chain fund platform Solv Protocol has announced that it has secured $6 million in new funding. The platform received investments from “a variety of institutions, including Laser Digital, a subsidiary of Japanese banking firm Nomura Securities, UOB Venture Management, Mirana Ventures, Emirates Consortium, Matrix Partners,… Read More

August 1, 2023 @ 7:27 pm By Omar Faridi  |  

Lifty, a Web3 gaming platform, has joined forces with IOST in order “to propel the adoption of blockchain technologies among the general public.” This partnership aims “to leverage Lifty’s transparent blockchain analytics and innovative Web3 marketing tools to empower gamers and enhance the gaming experience… Read More

July 31, 2023 @ 8:15 am By Omar Faridi  |  

Christian Niedermueller, CEO of Blocktrade, has commented on the evolving European crypto landscape during a recent interview with CI and shared his experience leading Blocktrade through this turbulent period in the industry. For context, Blocktrade is a gamified asset marketplace that raised 5.6 million EUR… Read More