Revealed exclusively to CoinDesk, Cordite, an open-source community that’s independent from R3, but building solely on the code it pioneered, is about to come out of stealth mode.
Cordite promises to do for enterprise blockchains what the ERC-20 standard did for ethereum: allow the creation of different tokens representing various kinds of assets on the same network.
Founded in 2014, R3 was designed to be the regulation-friendly shared-ledger provider, one that drew a contrast to cryptocurrency chains and their “anarchic” approach to governance.
Rather, Cordite is being positioned as an answer to a range of challenges facing the developers of distributed ledger technology (DLT) inside banks and corporate entities.
For example, the equity and debt trading desks of banks could start to look at the issuance of debt or equity in the form of digital assets.
One of the most notable on-chain crypto traders, known as 0xFC78, has had his fortunes crucially reversed due to suffering his two recent high-leverage trades.
In the crypto market, the ability to earn and withdraw should be basic expectations—yet many exchanges fail to deliver. A recent experience by a Zoomex user challenges this norm, and his story deserves to be shared.
Shiba Inu price is holding its yearly low while recording a sudden 1,000% surge in burn rate, raising the possibility of a reversal forming at a major support level.
Ethereum price continues to show weak momentum as bearish candles strengthen, increasing the likelihood of a deeper correction toward key lower support levels.
Bitcoin bounced off $85,000 over the weekend and stayed within the $87k to $89. 6k decision zone. The move keeps price pinned between nearby liquidity shelves on the attached 30-minute map, with the first overhead cap clustered at $92.
