Tagged: dlt

July 29, 2023 @ 12:23 pm By Omar Faridi  |  

Deloitte and Chainalysis, the blockchain data platform, announced a new strategic alliance to help the organizations’ mutual clients address digital asset ecosystem compliance challenges. Through the alliance, Chainalysis’ and Deloitte’s shared clients will be able “to leverage Chainalysis’ proprietary blockchain dataset and analytics software and… Read More

July 29, 2023 @ 10:13 am By Omar Faridi  |  

PARSIQ is pleased to introduce their SDK, a toolkit “to harness the potential of Data Lakes for comprehensive blockchain data processing.” Data Lakes serve as “a custom, application-specific data layer for filtering, aggregation, and analysis of blockchain-scale data contained in the Tsunami data store.” This… Read More

July 28, 2023 @ 8:45 am By Omar Faridi  |  

The Republic of Palau and Ripple have launched a limited stablecoin pilot. Palau and Ripple, the leader in enterprise blockchain and crypto solutions, started collaborating on exploring potential use cases in 2021. The U.S. Dollar-backed Palau Stablecoin (PSC) will be “issued on the XRP Ledger… Read More

July 28, 2023 @ 7:41 am By Omar Faridi  |  

Concluding the first half of 2023, and the Stellar Development Foundation made significant strides on its roadmap to further its strategy: utility is the growth exponent. To that end, SDF delivered “on the three building blocks: make innovation easy and scalable, win over builders, and… Read More

July 27, 2023 @ 8:11 am By Omar Faridi  |  

Commerzbank is reportedly the first German bank to have completed a blockchain-based Letter of Credit (LC) transaction for its client, Ascentex Exim LLP, a Singapore-based textile trader, on Contour, a digital trade finance platform. The LC was issued for “a shipment of rubber threads from… Read More

July 27, 2023 @ 8:07 am By Omar Faridi  |  

The IOTA Foundation and Shimmer teams have been working diligently on various aspects of their respective projects to enhance functionality, research new possibilities, and engage with the community. These advancements and collaborations demonstrate “the commitment of the IOTA ecosystem to drive innovation, foster community engagement,… Read More

July 26, 2023 @ 10:30 pm By Omar Faridi  |  

CertiK has successfully completed the formal verification of HyperEnclave, an innovative open and cross-platform Trusted Execution Environment (TEE) from Ant Group’s Trust Native Technology team. This marks the first time in the industry that such “an in-depth formal verification process has been completed for a… Read More

July 26, 2023 @ 10:27 am By Omar Faridi  |  

Mithril is nearing its mainnet release. Currently in its final testing stages, Mithril is preparing “for a mainnet launch.” As noted in a blog post, Mithril is a stake-based signature scheme and “a protocol that improves the speed and efficiency of nodes’ syncing times.” Mithril… Read More

July 26, 2023 @ 9:55 am By Omar Faridi  |  

Catalyze Research, the Web3 and blockchain consulting group, and Ripple, which claims to be the “leader” in enterprise blockchain and crypto solutions, announced their partnership to bolster the presence of the XRP Ledger (XRPL) in South Korea. This collaboration aims to tap into the robust… Read More

July 25, 2023 @ 10:17 am By Omar Faridi  |  

Neon EVM, an Ethereum Virtual Machine operating as a smart contract on Solana, announced its integration with Covalent, marking a significant step forward for both platforms. Neon EVM’s recently launched platform “allows developers to use EVM developer tools and Ethereum’s compute layer to transact on… Read More

July 24, 2023 @ 7:50 am By Omar Faridi  |  

Elliptic – which claims to be the global leader in cryptoasset risk management – is proud to announce that it has been selected by Current Consulting Group as the trusted blockchain analytics provider to fulfil its crypto compliance requirements. Current Consulting Group is “an independent… Read More

July 23, 2023 @ 2:34 pm By Omar Faridi  |  

The Banque de France recently shared key lessons from its wholesale CBDC experiments using distributed ledger technologies (DLTs). Following the publication of an initial report in 20211, the Banque de France is now “releasing a new set of conclusions and lessons learned, covering the first… Read More

July 20, 2023 @ 4:52 pm By Omar Faridi  |  

WisdomTree, Inc. (NYSE: WT), a global financial innovator, announced that WisdomTree Prime is now available, “granting investors access to the blockchain-enabled financial app built to save, spend, and invest in digital assets and WisdomTree Digital Funds.” The personal finance app is “available in the Apple… Read More

July 18, 2023 @ 10:40 pm By Omar Faridi  |  

The DFINITY Foundation, a not-for-profit science and technology organization and major contributor to the Internet Computer blockchain (ICP), announced the launch of a $5 million decentralized artificial intelligence (DeAI) grant to support projects leveraging AI on ICP. The Internet Computer blockchain is reportedly “the only… Read More

July 18, 2023 @ 5:33 pm By Omar Faridi  |  

NEAR Foundation, the non-profit that supports and funds ecosystem development on NEAR Protocol, an open-source and climate-neutral blockchain, has announced it signed up to the Ethereum Climate Platform. The move demonstrates the foundation’s commitment “to sustainability in Web3 – and to working collaboratively with globally… Read More

July 18, 2023 @ 1:45 pm By Omar Faridi  |  

The Chainlink Cross-Chain Interoperability Protocol (CCIP) has entered the Mainnet Early Access phase on the Avalanche, Ethereum, Optimism, and Polygon blockchains. DeFi protocols in derivatives and lending are “adopting CCIP, including Synthetix, which is live on CCIP mainnet, as well as Aave, with BGD Labs… Read More

July 16, 2023 @ 1:58 pm By Omar Faridi  |  

The Hex Trust Group, an institutional-grade digital asset custodian licensed across global financial hubs, has announced Ether (ETH) staking services have now been relaunched following the Shapella upgrades on the Ethereum blockchain. Hex Trust has an Ethereum Validator Node and “plays a vital role in… Read More

July 14, 2023 @ 9:21 am By Omar Faridi  |  

On May 21, 2023, Multichain CEO Zhaojun was taken away by the Chinese police from his home and has been out of contact with the global Multichain team ever since. As noted via social media, the team claims they contacted the MPC node operators and… Read More

July 13, 2023 @ 12:30 pm By Omar Faridi  |  

Brazil’s CBDC (or central bank digital currency) codebase could potentially freeze or even reduce funds. This, according to an analysis by a blockchain developer. According to a reports, a blockchain/DLT developer found certain functions that could potentially allow a centralized entity to freeze payments or… Read More

July 13, 2023 @ 9:10 am By Omar Faridi  |  

The Multichain hack could potentially be a “rug pull,” as an additional $103 million in funds were recently drained. Multichain, which is described as a cross-chain bridge protocol, reportedly saw another $103 million transferred to other blockchain addresses. This, according to security company Beosin. This… Read More