Tagged: dlt

September 6, 2023 @ 11:31 am By Omar Faridi  |  

In a weekly update, SlowMist reveals that there were approximately $830,000 that were lost in Web3 security incidents. According to statistics from SlowMist’s Blockchain Hacking Archive, from August 28 to September 3, 2023, there were “a total of 7 security incidents, resulting in an estimated… Read More

September 6, 2023 @ 11:11 am By Omar Faridi  |  

Travis Kling, a former L/S Equities Portfolio Manager that fell down the “Crypto rabbit hole” who’s now running the Ikigai fund, notes that as summer officially draws to a close, you may have been “away from the screens over the last few months.” Travis has… Read More

September 5, 2023 @ 6:22 pm By Omar Faridi  |  

Tokeny and Klaytn Foundation unite for “massive” RWA tokenization adoption in Asia Tokeny, the global tokenization platform, announces its strategic alliance with Klaytn Foundation, an EVM-compatible public blockchain “developed by the renowned Korean IT giant, Kakao.” This strategic alliance is set “to catalyze the widespread… Read More

September 5, 2023 @ 12:45 pm By Omar Faridi  |  

For VCs, the negative impact of Bitcoin’s (BTC) disappointing 2022 run has had long-term adverse effects on the larger crypto and blockchain ecosystem. Although the flagship cryptocurrency has recovered to some extent, surging around 55% during 2023, investments in crypto-related startups have declined for the… Read More

September 5, 2023 @ 2:51 am By Omar Faridi  |  

The London Stock Exchange (LSEG) is reportedly working on a new digital marketplace that will leverage blockchain technology. Murray Roos, head of capital markets at the LSE Group, told the FT that the company had made the decision to move forward with the initiative after… Read More

September 1, 2023 @ 3:59 pm By Omar Faridi  |  

This strategic partnership showcases Copper‘s continued commitment to providing secure and reliable custody services “for innovative blockchain projects and protocols and promoting sustainability.” Copper, a digital asset infrastructure provider, is has officially integrated custody support for Sustainable Bitcoin Protocol‘s new asset, the Sustainable Bitcoin Certificate… Read More

September 1, 2023 @ 9:21 am By Omar Faridi  |  

docStribute announced that it is partnering with Pegasystems, the low-code platform provider that is reportedly empowering the world’s enterprises to Build for Change®, to help financial services firms comply with the new Consumer Duty Regulation. Consumer Duty came into effect 31 July 2023 and is… Read More

August 31, 2023 @ 9:05 am By Omar Faridi  |  

Brian Armstrong, CEO at Coinbase (NASDAQ:COIN), has shared several ideas that he claims to be most excited about in crypto right now. The Coinbase Chief Executive says that if you’re building something in crypto or thinking about doing so – check it out. They are… Read More

August 29, 2023 @ 9:53 pm By Omar Faridi  |  

Staking is a core initiative of Chainlink Economics 2.0 that reportedly aims to “bring a new layer of cryptoeconomic security” to the Chainlink Network. Staking enables ecosystem participants, “such as node operators and community members, to back the performance of oracle services with staked LINK… Read More

August 29, 2023 @ 4:50 pm By Omar Faridi  |  

One of the first decisions made when building Soroban, the Stellar network‘s smart contract platform, was “choosing a platform for it to run on.” The developers say they decided “to build on WebAssembly (Wasm) in April of 2022.” As noted in a blog post, Wasm… Read More

August 28, 2023 @ 6:02 pm By Omar Faridi  |  

Many investors are eager to embrace cryptocurrency, but don’t feel they “have the data to do so safely,” according to an update from Chainalysis. With traditional assets, there are established providers “for a variety of metrics that investors can use to assess opportunity and risk:… Read More

August 28, 2023 @ 8:22 am By Omar Faridi  |  

Haven1, an EVM-compatible layer 1 blockchain network, has announced a strategic alliance with the team at Coinbag, an institutional-grade asset management solution. The alliance will bring the founding members and the highly-skilled team of developers from Coinbag over to Haven1, “bolstering the network’s development in… Read More

August 27, 2023 @ 4:41 pm By Omar Faridi  |  

The expansion to this new Coinbase-incubated blockchain is set to offer 1inch users access to deeper liquidity, lower transaction costs and higher speeds. Continuing its expansion across the DeFi space, the 1inch Network is glad to share that the 1inch Aggregation Protocol and the 1inch… Read More

August 24, 2023 @ 7:12 pm By Omar Faridi  |  

The team at Unstoppable Domains announced that they’re partnering with multi-chain protocol Rarimo in order to enable seamless cross-chain identity usage. Now, your Unstoppable domain serves “as proof of humanity within -dApps across 3 additional chains.” The partnership will allow Unstoppable domain holders “to use… Read More

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