Tagged: dlt

DLT Adoption: Société Générale Issues Digital Green Bond on a Public Blockchain

On November 30, 2023, Société Générale issued its first digital green bond in the form of a “ Security Token ” directly recorded by SG-FORGE on the Ethereum blockchain with transparency and traceability of ESG data. The tokens were fully subscribed “by two leading institutional… Read More

Ethereum Adoption: Movement Labs Unveils Move Virtual Machine L2 for ETH Network

Movement Labs has announced its plans to launch M2, the first Move Virtual Machine L2 for Ethereum, scaled with Celestia as modular DA. Starting with M2, Movement is building an ecosystem of Modular Move-Based Blockchains, with M2 made possible “by Celestia’s Blobstream and the modular… Read More

Fintech Firm Fnality International Secures £77.7M via Series B

Fnality – the Fintech bringing together the safety and institutional quality of central bank money with the innovative functionality and resilience of blockchain technology – announced a £77.7m Series B funding round. This investment round was reportedly led “by Goldman Sachs and BNP Paribas, with… Read More

Blockchain Adoption: IOG Founder Charles Hoskinson Outlines New Framework for Cardano Devs, Validators

IOG founder & CEO Charles Hoskinson recently outlined a new framework that will offer new ways for developers and validators to utilize Cardano’s core strengths – and some new Cardano technologies in order “to build their own optimized partner chains.” Partner chains will aim to… Read More

Fintech Ripple Streamlines Payments Experience to Enable Enterprise Crypto Adoption

Ripple, the firm enabling enterprise blockchain and crypto solutions, debuted the evolution of its crypto-enabled cross-border payments solution, Ripple Payments, formerly known as RippleNet. Ripple Payments provides the enterprise-grade infrastructure “required for businesses to leverage blockchain easily for faster, cheaper, more efficient cross-border payments without… Read More

Moflix Group to Enable Web3 Adoption with Funding from The Hashgraph Association

Moflix Group, a telecommunications industry pioneer providing next-generation digital solutions, announced that it has raised a $3.1 million seed funding round with the participation from The Hashgraph Association (THA) – the Swiss-based non-profit organization accelerating the adoption of the Hedera network globally, “alongside other strategic… Read More

Blockchain Adoption: Lightspeed Faction Launches $285M Venture Fund for DLT Startups

Lightspeed Faction, a blockchain-focused venture capital firm, announced the launch of its inaugural $285 million venture fund. Faction will primarily invest “in early stage blockchain projects and serve as a long-term capital partner as these projects scale.” In addition to providing capital, the fund will… Read More

CBDCs: Ripple Selected by National Bank of Georgia as Partner for Digital Lari Pilot Project

The partnership will see the National Bank of Georgia and Ripple jointly plan the execution and delivery of the pilot program using the Ripple CBDC Platform. The National Bank of Georgia (NBG) has chosen Ripple, the enterprise blockchain and crypto solutions provider, as the official… Read More

Blockchain Tech Adoption: NEAR Foundation and Berklee College of Music to Launch New Initiative

NEAR Foundation, the non-profit that supports the growth and development of the NEAR ecosystem, announced a partnership with Berklee College of Music, the largest independent college of contemporary music and performing arts in the world. Under the terms of the agreement, Berklee has “selected NEAR… Read More

Chainalysis Examines Bitcoin Addresses Included in OFAC’s Designation that Were Reportedly Used to Facilitate Illicit Activities

On November 3, 2023, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian national Ekaterina Zhdanova for using cryptocurrency “to launder money on behalf of Russian elites, ransomware groups, and other bad actors.” Chainalysis has examined the three Bitcoin… Read More

Blockchain Adoption: dYdX Chain has Launched, Bridging and Digital Assets Staking Now Supported

The dYdX Foundation is pleased to announce the open-sourcing of software for a Bridge User Interface that, if deployed, could “facilitate the conversion by users of ethDYDX to DYDX, the layer 1 (L1) token of the dYdX Chain.” Three significant developments have happened in the… Read More

OneSpan Introduces Quantum-Safe Blockchain Storage to Secure Firms’ Digital Agreements

OneSpan (NASDAQ: OSPN), the digital agreements security company, announced a unique new capability to its market-leading e-signature solution, OneSpan Sign, to give organizations a better way “to safeguard the provenance of a document against emerging security threats.” The newest addition to OneSpan’s portfolio, Trust Vault,… Read More

Blockchain Intelligence Group Expands Operations with Foreign Government, Law Enforcement Partnerships

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of Netcoins, and Blockchain Intelligence Group and TerraZero is pleased to announce a significant milestone in Blockchain Intelligence Group’s growth and global expansion strategy. Blockchain Intelligence Group has signed 1… Read More

Blockchain Firm Figure Announces Lending as a Service Offering

Figure Lending LLC and Figure Technologies, Inc., a key player focused on transforming financial services through the power of blockchain technology, announced it has expanded its Partnership business to “include an increased offering under the Lending-as-a-Service (LaaS) platform, in addition to the previously launched Wholesale… Read More

Milan Velev of Nexo: Blockchain Professional Explains Importance of Security for Crypto Investors, Traders

We recently connected with Milan Velev, Nexo’s Chief Security Officer, who shared key insights with CI regarding the importance of setting standards for crypto platform security. Milan Velev from Nexo explained why crypto investors and traders need to prioritize security. He also commented on their… Read More

Injective DeFi Report: Majority of Crypto Trading Activity Focused on Long-Term Holding Strategy

Injective, the blockchain built for finance, published its DeFi Trader Survey 2023. The research draws from various cryptocurrency trading communities, “aiming to provide a comprehensive understanding of how professionals and amateurs approach cryptocurrency trading, their motivations, and valuable lessons for the wider trading community.” Most… Read More

DeFi Adoption: Neo Unveils Ethereum Virtual Machine (EVM) Compatible Sidechain

Neo, the open-source, community-driven blockchain platform, revealed that development is underway on a new EVM-compatible sidechain that will enable developers “to deploy smart contracts, and open the Neo ecosystem up to a wide range of trading-specific use cases such as DeFi.” As a separate blockchain… Read More

Chainlink Proof of Reserve Now Active for Backed’s Tokenized Real-World Assets

Backed is pleased to announce that they have integrated Chainlink Proof of Reserve (PoR). This development provides users “with a transparent and trust-minimized means to confirm the collateralization of our tokenized assets.” Backed’s implementation represents a significant step forward in “how users can gain assurance… Read More

Worldcoin Update to Help Create Bridge for Ethereum Virtual Machine (EVM) Compatible Chain

Contributing Worldcoin developers recently updated the project’s state bridges to use a new architecture that saves gas and enables anyone to easily “create a bridge for any Ethereum Virtual Machine (EVM) compatible chain.” With the revised architecture, teams can now “develop and operate their own… Read More

Fintech Ripple and Uphold to Enhance Crypto Liquidity Infrastructure

Ripple, the firm focused on enterprise blockchain and crypto solutions, has announced a new partnership with Uphold, the global Web3 financial platform. The partnership will see Uphold provide Ripple “with enhanced crypto liquidity capabilities to underpin and enhance its cross-border payments infrastructure.” Known for its… Read More

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