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How Public Blockchains Will Catalyze Institutional DeFi Adoption
30.10.2024
Public blockchains — with their open architecture and unrestricted participation — are set to drive the next wave of financial innovation just as the internet did for communication and commerce, says Markus Infanger
Academic paper suggests governments should attack public blockchains
6.10.2024
Crypto exchange Kraken has announced the delisting of Monero in the European Economic Area to maintain compliance with EU regulations
Public blockchains too ‘fragile’ for tokenization: Professor tells Congress
6.6.2024
Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise
Software Engineer: Anchoring AI on Public Blockchains Aids in Establishing a ‘Permanent Provenance Trail’
2.6.2024
With artificial intelligence (AI) seemingly destined to become central to everyday digital applications and services, anchoring AI models on public blockchains potentially helps to “establish a permanent provenance trail,” asserted Michael Heinrich, CEO of 0G Labs. According...
Public blockchain ledgers ‘not fit for purpose,’ says JPMorgan
8.5.2024
Despite the criticism, TradFi institutions still prefer using public blockchains for real-world asset tokenization
BlackRock, JPMorgan lead shift to asset tokenization on public blockchains
2.4.2024
Big-time players such as BlackRock, JPMorgan, and an entire gamut of investors are inclined towards tokenizing assets through the incorporation of public blockchains. This is partly due to their standards of safety and upgradability. They attract much attention because of increased liquidity...
Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains
29.3.2024
This week, 21.co’s onchain data analyst Tom Wan presented figures revealing that tokenized U.S. Treasury bonds on public blockchains have surpassed the $1 billion mark. The analyst highlighted that Blackrock’s BUIDL experienced significant growth of 400%, escalating from $40 million...
Over $1B in U.S. Treasury Notes Has Been Tokenized on Public Blockchains
28.3.2024
Tokenized Treasuries are digital representations of U.S. government bonds that can be traded as digital tokens on the blockchain
Tether Criticizes UN Report for Ignoring USDT’s Role in Helping Developing Economies
17.1.2024
Tether, the issuer of the stablecoin USDT, has blasted the findings of a United Nations Office on Drugs and Crime study which ignore the stablecoin’s “role in helping developing economies in emerging markets.” According to Tether, the stablecoin’s use of public...
Arkham CEO Defends ‘DOX-to-Earn’ Program, Says Public Blockchains ‘Worst’ for Privacy
11.7.2023
“Publicly available blockchains are probably the worst possible way of keeping one’s private information private,” said Arkham CEO Miguel Morel
U.S. Banking Watchdog Makes Case for Tokenization, Just Not on Public Blockchains
16.6.2023
Self-styled crypto skeptic Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), said tokenization of assets is a serious advance into the future of finance, but decentralized blockchains may be too problematic to handle that movement
Cumberland Labs unveils SaaS API for public blockchains and DeFi protocols
8.6.2023
When Cumberland Labs looked for a gateway between blockchains and DeFi protocols, it came up with its own universal API service
Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains
6.6.2023
Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on different public blockchains. The Japanese bank has partnered with Datachain, a blockchain interoperability company, and Toki, a cross-chain bridge, to allow...
Brazilian Digital Real Passes Public Blockchain Pilot Test With Flying Colors
27.2.2023
A tokenized version of the digital real, the Brazilian central bank digital currency (CBDC), has passed a public blockchain pilot test successfully. The test, which was carried out by Mercado Bitcoin, a local exchange, using the Stellar network, shows that the digital real token can be used...
Bitcoin.com Doubles Down on Non-Custodial Model
20.9.2021
Bitcoin.com, in line with its vision to support ‘economic freedom,’ is refocusing its efforts on non-custodial, or ‘self hosted,’ crypto products, including exchange. Therefore, the Bitcoin.com Wallet, which is fully non-custodial and provides users with direct access...
ABEYCHAIN 2.0: Driving the Next Generation Blockchain Ecosystem
26.5.2021
Scalability is one of the problems facing public blockchains like Bitcoin and Ethereum. This is because their architecture is not sufficient to handle the increased number of users. Ethereum, in particular, has been plagued with slow confirmation times and high transaction fees leading many...
IOST in the First Batch of Blockchains to Support HUSD Stablecoin
13.1.2021
PRESS RELEASE. IOST, an enterprise-grade, decentralized, and ultra-fast network oiled with the Proof-of Believability consensus algorithm, is integrating the HUSD stablecoin, according to an announcement on 13 Jan 2021. HUSD is a safe and secure dollar-pegged stablecoin issued by Stable Universal...
Shanghai Government Invests $5M in Blockchain Startup Conflux
12.1.2021
The Shanghai government has invested over $5M in public permissionless blockchain startup Conflux while putting the project in the list of 57 companies that focus on emerging technologies such as 5G and aerospace
Most Important Crypto Regulation Yet? Banks Can Treat Public Blockchains Like SWIFT and ACH
5.1.2021
A new interpretive letter from the Office of the Comptroller of the Currency paves the way for stablecoins and public blockchains to be fully integrated in the financial infrastructure
Top US Banking Regulator: Banks Are Authorized to Use Public Blockchains and Stablecoins for Payment Activities
5.1.2021
The top banking regulator in the U.S. has announced that national banks and savings associations in the country can use public blockchains and stablecoins for payment activities. Experts say this is good for bitcoin and its importance should not be understated. Banks Can Use Public Blockchains...