Deutsche Bank and Standard Chartered pilot SWIFT alternative for digital currencies

Deutsche Bank and Standard Chartered test Universal Digital Payments Network (UDPN) for digital currency transactions. UDPN connects blockchain networks, facilitating seamless transactions between stablecoins and CBDCs.

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Chainalysis report debunks crypto’s role in terrorism financing

Terrorism financing is chiefly reliant on fiat currency, not cryptocurrencies, as revealed by the latest Chainalysis report. On Oct. 18, Chainalysis, a blockchain analytics firm, published a report that sheds light on the cryptocurrency’s minimal role in funding terrorism. The…

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Mastercard creates tech to tokenize CBDCs on multiple blockchains

Mastercard announced the successful demonstration of a central bank digital currency (CBDC) technology designed to integrate CBDCs with multiple blockchain networks, according to a press release. The technology aims to facilitate the tokenization, or “wrapping,” of CBDCs onto different blockchain networks to enhance consumer convenience and transactional security.

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Lucky Star Currency drops 97% with $1.11m drained

Lucky Star Currency (LSC), a newly launched token on the Binance Smart Chain (BSC), has rugpulled its users of $1.11 million. Its value crashed by 97%. AegisWeb3, a security protocol developed by blockchain security firm PeckShield, called attention to the…

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Circle’s USDC to become primary currency on XION blockchain

As part of the strategic agreement with Circle Ventures, XION will use USDC as its primary transactional currency

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MoneyGram Will Soon Let Customers Swap Fiat and USDC Stablecoins Via New Crypto Wallet

MoneyGram is launching a non-custodial wallet powered by Stellar blockchain, allowing users to swap between fiat currency and USDC stablecoin, aiming to improve cross-border payments. The post MoneyGram Will Soon Let Customers Swap Fiat and USDC Stablecoins Via New Crypto Wallet appeared first on BeInCrypto.

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Massive development for VeChain (VET) as self-custody wallet goes live

VeChain has officially launched VeWorld, its self-custody wallet. VeWorld supports features such VIP-180 tokens, currency conversion and fee delegation. VeChain has announced the official launch of VeWorld, the enterprise-focused L1 blockchain’s new self-custody wallet.

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Stellar To Release Protocol 20 Testnet Upgrade, Will XLM Rally?

On September 20, Stellar, a blockchain platform designed to facilitate fast and low-cost cross-border transactions using its native currency, XLM, will release the testnet upgrade of Protocol 20. With this launch, the protocol prepares for the eventual mainnet activation of the Soroban smart contracts platform.

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Tonya Evans, blockchain expert, joins DCG’s board of directors

Digital Currency Group (DCG) has added Tonya Evans, a tenured professor at Penn State Dickinson Law with expertise in intellectual property, blockchains, and distributed ledger technology, to its board of directors.

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75% Of All Binance Fiat Trading Volume Is In Turkish Lira

75% of all fiat volume in Binance, the largest cryptocurrency exchange by client count, is dominated by the Turkish Lira (TRY). At this rate, Kaiko, a blockchain analytics firm, confirms that the Turkish Lira is the most preferred currency, pointing to a shift in the global dynamics, especially regarding crypto adoption.

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CAIZcoin Announces Next Steps towards the listing on International Cryptocurrency Exchanges

CAIZcoin, a prominent blockchain and digital currency pioneer, prepares to launch on over 30 major cryptocurrency exchanges around the world, reaching a significant milestone in the cryptocurrency ecosystem.

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VISA’s Stablecoin Payments On Solana Propel SOL To 5% Gain, Bulls Eye Price Breakout

Payment giant VISA has significantly moved in the digital currency space by expanding its stablecoin settlement services to the Solana (SOL) blockchain.   According to recent announcements, the company aims to enhance the capabilities of traditional payment systems through this pilot program, which is currently in the testing phase.

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AVAX Dump Continues Despite Puma/Roc Nation Sneaker Launch On Avalanche

AVAX, the native currency of the Avalanche blockchain, is trading at new 2023 lows at the time of writing on August 26. Trading at $10, the coin is down 55% from 2023 highs and roughly 25% alone in August 2023.

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How Bitcoin Spark is Redefining Cryptocurrency Norms

Bitcoin stormed the blockchain technology, bringing a lot of hype to media platforms. The Bitcoin bull run happened in 2013 when the virtual currency surged 6000%. The Cryptocurrency has the potential for massive development.

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Mastercard forges blockchain alliances to power future of CBDCs

Mastercard is partnering with Ripple, Consensys, and other blockchain companies on a central bank digital currency program. On Aug. 17, the payments giant announced its CBDC Partner Program, including other inaugural partners like tokenized assets company Fluency, digital assets platform Fireblock, Consult Hyperion, and Idemia.

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Japanese fintech to launch cross-border CBDC in Asia

Japanese fintech firm, Soramitsu, is developing a cross-border payment system in Asia, utilizing CBDCs and blockchain. Soramitsu, a Japanese fintech firm, is working on developing a cross-border payment framework for Asian countries, incorporating the central bank digital currency (CBDC) of…

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Palau Stablecoin Advances to Next Phase on XRPL, Transitioning from Island Paradise to Blockchain Frontier

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Texas Blockchain Council director announces run for State House

The director of Bitcoin mining analytics at the TBC said he was opposed to the Fed’s exploration of a central bank digital currency and planned to push for “digital freedom.”

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JPMorgan Enables Euro Blockchain Payments With JPM Coin – Report

American investment bank JPMorgan Chase & Co has enabled Euro-denominated payments via the JPM Coin, the native currency for their blockchain. Thus expanding the use of one of the projects known to promote the application of blockchain technology in traditional banking.

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Crypto app Oobit integrates Fireblocks ahead of Tap-to-Pay launch in Europe

Crypto payment app Oobit has declared integration with enterprise-grade infrastructure, Fireblocks. The collaboration aims to launch new blockchain products and handle daily digital currency undertakings.

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18 ltalian Banks Forge Partnership For Blockchain-Based Wholesale CBDC Project

A collaborative effort between the Associazione Bancaria Italiana (ABI) and the Bank of Italy has brought together a group of banks in a pilot program for a central bank digital currency (CBDC). Referred to as Project Leonidas, this initiative involves 18 commercial banks leveraging blockchain technology.

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Cardano developer, IOG, insists ADA is not a security, token down 36% in 5 days

ADA, the native currency of Cardano, a blockchain smart contracts platform and Ethereum competitor, is not a security, the lead developer of the network, Input Output Global (IOG) insists

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Avorak AI Deep Scan Technology Reveals Over 960,000 Active Bitcoin Addresses

Avorak AI, a renowned artificial intelligence startup, used deep scan technologies to discover an astonishing amount of live Bitcoin addresses. The project’s powerful algorithms explored the Bitcoin blockchain’s vast network, showcasing the digital currency’s constant growth.

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Crypto Analysts Predict XRP Price Rally Against BTC

Market analysts are watching Ripple’s XRP for a potential price surge against the world’s leading digital currency, Bitcoin. XRP, known for its lightning-fast transaction speed and secure blockchain technology, has recently experienced a rollercoaster ride due to its lawsuit with the US Securities and Exchange Commission.

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Top VC Claims XRP Is a Security

Top venture capitalist Jason Calacanis has stirred controversy on Twitter by claiming that XRP, the digital currency tied to blockchain company Ripple, is "obviously a security," adding fuel to Ripple's ongoing legal battle with the U.S. Securities and Ex

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Ripple and SEC: How Much Did Legal Battle Cost for Defendants?

Ongoing legal battle between Ripple, blockchain company closely associated with digital currency XRP

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Unleashing the Potential: Tools and Apps on the Ethereum Blockchain

The Ethereum blockchain has emerged as a versatile platform for the development of various tools and applications, far surpassing its initial purpose as a digital currency. With its decentralized nature, smart contract capabilities, and expansive ecosystem, Ethereum has become an attractive option for developers and innovators alike.

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Hong Kong's Central Bank Digital Currency Could Be on Permissioned Blockchain: Source

At least one bank is leaning towards developing it on a permissioned blockchain.

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Conflux Reveals Plans To Deploy Uniswap v3 And Curve, To Grow The Asian Blockchain Space

Conflux, a permissionless Layer 1 blockchain, is elated to announce its proposal of deploying Uniswapv3 on its network alongside CNH (offshore Chine Yuan) stable currency. The proposal also suggests joining the Curve with its mainnet token CFX bridged to the Ethereum mainnet known as eCFX.

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Conflux to Bring Uniswap v3 and Curve to China’s Public Blockchain

Toronto, Canada, April 14th, 2023, Chainwire Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve Wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX.

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Conflux to Bring Uniswap v3 and Curve to China’s Public Blockchain

Toronto, Canada, April 14th, 2023, Chainwire Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve Wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX.

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Crypto Faces Banking Woes, This Non-Profit Presses Government for Answers

The U. S. -based non-profit Blockchain Association (BA) requested information from regulators in the country about an alleged de-banking of crypto companies. Over the past months, the sector has seen some of its most prominent actors lose access to accounts, the ability to process transfers in fiat currency, and more.

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Sam's Club Goes Digital: Walmart Files Trademarks for NFTs and More

Sam's Club, Walmart subsidiary, has taken major step into world of blockchain by filing trademarks for range of services, including virtual currency and financial services involving cryptocurrencies and NFTs

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Justin Sun spoke about regulation of cryptocurrencies in China

Justin Sun, a well-known entrepreneur and founder of the Tron (TRX) blockchain, expressed his opinion on regulation of cryptocurrencies in China. He noted that the Chinese authorities have taken a huge step towards controlling the virtual currency market, thanks to the introduction of a special tax on all transactions related to this asset class.

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Blockchain Entrepreneur Arrested in California on Fraud Charges

Rikesh Thapa is accused of bilking his start-up firm of over $1 million in U.S. currency, cryptocurrency and utility tokens.

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Why did Huobi Token surge at the news of this proposed token launch?

Justin Sun announced the proposed launch of the Dominican Currency on the Tron Blockchain. The price of HT saw an over 13% increase at the announcement of the news. On 29 November, Justin SuThe post Why did Huobi Token surge at the news of this proposed token launch? appeared first on AMBCrypto.

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Russia President Putin Calls For Blockchain-based International Payment System

Russia President Vladimir Putin has called for an international payment system that is based on digital currency and blockchain technology. The post Russia President Putin Calls For Blockchain-based International Payment System appeared first on BeInCrypto.

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Washington clutches hands on crypto laws over FTX’s demise

Washington lawmakers intend to stretch their hands into the crypto ecosphere amid the fall of virtual currency exchange FTX. The implementation is set to protect the know-how as they venture into blockchain technology.

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Binance Is The Primary Caretaker Of Crypto: Launches Free Online Courses

The world’s largest cryptocurrency exchange, Binance, is launching a series of free online courses to educate millions of people about blockchain technology, digital currency, and the web3. Binance’s Focus On Community Is Undeniable – First Recovery Fund, Now Free Eduction In response to concerns about the spread of FTX, Binance has established a fund to […] The post Binance Is The Primary Caretaker Of Crypto: Launches Free Online Courses appeared first on CaptainAltcoin.

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Best Place To Stake Shiba Inu – Where Can You Stake SHIB?

The Shiba Inu project began in February 2020 when a group of friends discussed blockchain technology. After some brainstorming, they came up with the idea of creating a digital currency called Shiba Coin.

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Fed Completes First Test With Digital Dollar, Releases Results

In its New York subsidiary, the U.S. Federal Reserve (Fed) completed the first test of Project Cedar, the initiative testing a central bank digital currency (CBDC). The New York Innovation Center (NYIC) carried out this first phase and highlighted the potential for digital assets and blockchain technology to improve legacy payment rails. Related Reading: Twitter […]

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Snowfall Protocol (SNW), Chain (XCN) & Klatyn (KLAY) – Determined to Soar Further

Introduction  Although cryptos originally aimed to create a new type of currency, many patrons now choose to use them as investments in blockchain technology or other assets. By providing more solidity, platforms like Snowfall (SNW), Chain (XCN), and Klatyn (KLAY) exist to assist in maximizing this potential.

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Galaxy Digital, BitMex, DCG announce staff cuts

Crypto companies Galaxy Digital, BitMex, and Digital Currency Group (DCG) announced staff cuts to deal with the adverse state of the market, according to crypto reporter Wu Blockchain. The post Galaxy Digital, BitMex, DCG announce staff cuts appeared first on CryptoSlate.

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Ascenda, One of the Top Exchange Points, Adopts Cryptocurrency

Ascenda today revealed that it had added cryptocurrency as the new currency category. This comes after several other firms also joined blockchain as the crypto business seems to grow more.

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Top 5 Gambling Tokens by Market Cap to Watch in October 2022

Gambling Tokens are in-game currency used to run decentralized gambling platforms, which can be exchanged for cash. Blockchain is also being employed to disrupt conventional gambling platforms. Top Gambling Tokens have a growing total market capitalization of $136,527,729 and a total trading volume of $5,440,435.

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China floats pan-Asian digital currency built on blockchain

China-backed researchers have called for establishing a pan-Asian digital currency to end the dominance of the United States dollar in the region, South China Morning Post reported on October 13. The post China floats pan-Asian digital currency built on blockchain appeared first on CryptoSlate.

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TRON becomes legal tender in Dominica

Leading blockchain network Tron has inked an agreement with the government of Dominica to make Tron-native tokens authorized digital currency in the Caribbean Island. The post TRON becomes legal tender in Dominica appeared first on CryptoSlate.

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dWallet Labs raises $5M in pre-seed round led by DCG and Node Capital

dWallet Labs, a blockchain security company  building protocols and projects on the decentralised layer1 platform Odsy Network, has raised $5 million in its pre-seed funding round. Digital Currency Group (DCG) and Node Capital led the round, with participation from multiple leading venture capital funds.

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Digital Currency Group and Node Capital Lead $5M Fundraise for Blockchain Security Firm dWallet Labs

The capital will help build projects on Odsy Network, a new layer 1 blockchain focused on decentralized wallet access.

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