Tagged: ethereum

Ethereum Blockchain Used by NAB for Cross-Border Stablecoin Transaction

National Australia Bank (NAB) has completed an intra-bank cross-border transaction using NAB-issued stablecoin, which represents a “world-first” by a major financial institution on a layer-one public blockchain. This pilot transaction on the public and permissionless Ethereum blockchain “involved deployment of stablecoin smart contracts for seven… Read More

New York Attorney General James Continues Crackdown on Unregistered Crypto Platforms

New York Attorney General Letitia James continued her efforts to crack down on unregistered cryptocurrency platforms by filing a lawsuit against KuCoin for allegedly failing to register “as a securities and commodities broker-dealer and falsely representing itself as an exchange.” The Office of the Attorney… Read More

PancakeSwap Introduces Market Maker Integration on BNB Smart Chain

After the successful launch of Market Maker Integration on Ethereum, PancakeSwap have been listening to your feedback and are pleased to announce that they are “extending this feature to BNB Smart Chain.” You can now trade BNB and ETH “with reduced slippage and the best… Read More

Blockchain Adoption: Nym, Chainsafe Bring Enhanced Privacy to Ethereum Validators

Nym, a network layer privacy provider, has announced a Nym integration with Ethereum validators and even clients “to provide network-level privacy to the entire ecosystem.” A libp2p module “enables over half a million Ethereum validators worldwide to shield transactions via the Nym mixnet.” The module… Read More

Shanghai Allows Withdrawals of Staked ETH for the First Time. Stake Now to Optimize this Opportunity

The Shanghai hard fork is projected to unfold this spring around March or April, with the anticipated upgrade affording the capability to withdraw Ethereum from staking for the first time. Ethereum staking rewards participating in network consensus, and in order to participate, one needs to… Read More

Ethereum (ETH) Blockchain Development: Monad Secures $19M to Build Fundamentally Optimized EVM

Monad Labs is announcing their $19M seed round, “led by Dragonfly Capital and with participation from Lemniscap, Placeholder, Shima Capital, Finality Capital, and Credibly Neutral, as well as over 70 angels, including Cobie, Hasu, 0xMaki, and a number of other leaders in the space.” This… Read More

Bitcoin Trading Volume Increases 80% at DBS Digital Exchange in 2022, Client Base Doubles

DBS reported an 80% year-on-year growth in the number of Bitcoin (BTC) traded on the DBS Digital Exchange (DDEx) in 2022, and “a doubling in the number of BTC custodised with the bank’s digital asset custody solution.” The firm claims these business metrics “underscore the… Read More

Mike Taormina: Alluvial COO Explains Why Liquid Staking Is The Next Major DeFi Innovation

Crowdfund Insider recently connected with Mike Taormina, Alluvial’s Co-Founder Chief Operating Officer. As COO of Alluvial, he works with industry professionals to build Liquid Collective, an enterprise-grade liquid staking standard. Alluvial is the software development company supporting the implementation of the Liquid Collective protocol. Alluvial… Read More

Bitcoin to Ethereum Bridge: tBTC Minting Live in Partnership with Aave, Yearn.Finance, Others

Threshold Network, a provider of cryptography services to unlock greater utility of digital assets, announced the launch of tBTC, the industry’s “only” decentralized, permissionless, and scalable Bitcoin-to-Ethereum bridge. The launch will “allow users to wrap their BTC in exchange for tBTC tokens that can be… Read More

Fintech Firm Milo Launches Crypto Loans

Milo, a financial technology company that is reimagining the way crypto and global consumers access financial solutions, announced the launch of its new crypto loan product. This launch means that digital asset-holders will now have the opportunity “to use their cryptocurrency as collateral to access… Read More

Digital Assets Market Makes Remarkable Rebound, Metaverse, Smart Contract Sectors Performing Well: Coinmetrics Report

In a report titled, Monitoring the Currents of the Crypto Market, Matías Andrade and Kyle Waters from Coinmetrics noted that the digital asset market is “experiencing a surge in activity as we kick off the new year. The update from Coinmetrics points out that Bitcoin… Read More

Ethereum L2 Blockchain Scaling Solutions: PARSIQ Launches Tsunami API on Arbitrum One

PARSIQ has launched its “blazing” fast Tsunami API on Arbitrum One. The Layer-2 Ethereum scaling solution has already “attracted a strong community of users and developers — with Tsunami API, builders can access instant real-time and historical data providing advanced querying functionality and vital monitoring… Read More

Web3: Masa Ethereum Virtual Machine Compatible Soulbound Identity Protocol Mainnet Now Live

Masa, the first Ethereum Virtual Machine (EVM)-compatible Soulbound identity protocol, announced its mainnet launch on the Ethereum network. The mainnet launch of Masa Soulbound Identity “brings a standardized on-chain Soulbound Token protocol and infrastructure to power the web3 economy.” The mainnet launch “empowers users to… Read More

Bitcoin, Ethereum, Larger Crypto Market on Track to Grow Despite FTX Collapse, Global Recession Fears

  Bitcoin (BTC), the flagship cryptocurrency, has fallen from a high of nearly $70,000, which it reached in late 2022, to just over $20,000 at the time of writing. Meanwhile, Ethereum (ETH), the second-largest crypto-asset by market cap and the largest smart contract platform, has… Read More

Ethereum, BNB Chain Experienced the Most DeFi, Blockchain-related Security Incidents in 2022: Report

A new report from SlowMist takes a close look at the major events in the blockchain industry that took place in 2022. The report from SlowMist provides an overview of the security status of each area within the industry and delves into “common attack techniques.”… Read More

DeFi Tokens Market Cap Declined Due to Macroeconomic Uncertainty, Malinvestments within Crypto Sector: Report

The team at Coinmetrics has released the State of DeFi Tokens in 2023 Report. Authored by Matías Andrade and Kyle Waters, the Coinmetrics report reveals that decentralized finance (DeFi) is “a rapidly growing application of blockchain technology that aims to provide financial services, such as… Read More

Anchorage on Staking: Ethereum Goes Deflationary

Digital asset bank Anchorage Digital has posted its perspective on Ethereum – post Merge. Anchorage as a service provides Ethereum staking following the transition from Proof of Work to Proof of Stake. While touting its own services, Anchorage notes that Ethereum has gone deflationary for… Read More

Financial Privacy focused Crypto Protocol Beam Shares Key Updates from Past Year

Beam celebrated its 4th anniversary on January 3rd 2023. During that time, Beam claims it has “cemented its place as the top confidential cryptocurrency in terms of features, stability and confidentiality, constantly evolving and improving in all categories.” Launched in 2019, Beam is described as… Read More

Injective, an L1 Blockchain that Brings Cosmos and Ethereum Interoperability to Finance Apps, Shares Key Milestones from Past Year

To say that 2022 was a “monumental” year for Injective is an “understatement,” the developers claim. This past year, Injective not only “focused on continuing to expand its ecosystem while strengthening the layer one chain, but it also accelerated its reach within the broader Web3… Read More

The Bank of Spain Confirms Registration of Coinmotion as Cryptocurrency Operator

Coinmotion, a Finland-based cryptocurrency service provider, has obtained confirmation from the Bank of Spain as “a valid provider of virtual currency exchange services for fiat currency and custody of electronic wallets with the registration number D741.” This means that Coinmotion “reinforces its presence in the… Read More

Send this to a friend