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NFT Sales Dip 14%, Yet Buyers Increase: Weekly Report Reveals $91 Million Traded
27.8.2023
According to the latest statistics, sales of non-fungible tokens (NFTs) have taken a 14% dip compared to the preceding week, tallying up to $91.86 million in the past seven days. Interestingly, the count of purchasers rose by 38%; however, NFT transactions witnessed a decline of over 30% during...
Digital Yuan ‘Spurs Rise in Mainland China-Hong Kong Cross-border Payments’
24.8.2023
The Chinese digital yuan pilot’s spread to Hong Kong may be playing a part in driving up cross-border payments, media outlets have suggested.
Per China Fund News, via the Securities Times, certain types of “cross-border payments” between Mainland China and Hong Kong, as well as the mainland...
Gold-backed BRICS currency will be 'very hard' to deliver: Lyn Alden
22.8.2023
A BRICS common currency will be challenging to initiate and maintain, though efforts to dethrone the US dollar could have an impact on Bitcoin, says investment strategist Lyn Alden
Latam Insights — Javier Milei’s Victory Divides Argentina; Bitso Launches Cross-Border Institutional Payment Service
21.8.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Javier Milei’s victory in Argentina causes a devaluation maelstrom, and Bitso launches a cross-border institutional payments service. Javier...
Biggest Movers: SOL, TON Move to Multi-Week Highs on Tuesday
15.8.2023
Solana was one of Tuesday’s big gainers, rising to a multi-week high following a ‘death cross’ of moving averages. The move came despite the global market cap falling marginally lower as of the time of writing. Toncoin was another notable mover, rising for a sixth-straight day. Solana (SOL) Solana...
Tron’s cross-border payments: Unlocking financial inclusion
14.8.2023
In blockchain technology, Tron stands out as a prominent platform renowned for its remarkable speed and scalability. This has earned it widespread recognition in diverse industries, including the ever-thriving online gambling sector. Among the various applications that Tron has offered,...
BRICS Expansion to Make West Recognize New World Order, De-Dollarization: UAE Professor
12.8.2023
The accession of new members will allow BRICS to push the West to accept changes in international relations, an expert from UAE has been quoted as stating. That’s valid in particular for cross-border trade and de-dollarization, said Mohamed El Yattioui, professor at the American University in...
Ripple and BIS Partner for Cross-Border Payments Interoperability Task Force
11.8.2023
Ripple has partnered with the Bank for International Settlements (BIS) to join its cross-border payments interoperability and extension (PIE) task force.
In a Wednesday tweet, the BIS shared a summary of its recent PIE task force meeting, which claimed that the members of the task force will work...
Cross-chain wallet BitKeep changes name to Bitget Wallet after acquisition
10.8.2023
The exchange follows the likes of Binance, KuCoin and OKX in running self-custody wallets parallel to CeFi operations
Ripple joins BIS cross-border payments task force
10.8.2023
The task force is a part of the Bank of International Settlements' Committee on Payments and Market Infrastructure
Singapore Red Cross Says It Now Accepts Crypto Donations
10.8.2023
Well-wishers who want to financially support the Singapore Red Cross can now do so via crypto donations. All donations are converted into fiat currency within 24 hours after the donation has been made. Benjamin William said his organization has enabled the crypto option for “donors who...
Wanchain adds Cardano to its cross-chain framework
9.8.2023
Wanchain, which provides decentralized blockchain interoperability solutions, has added Cardano to its cross-chain framework. Wanchain is also responsible for creating the first public decentralized cross-chain bridge. The Cardano bridges of Wanchain help in linking the Cardano mainnet to entities...
Canadian Police Unit Utilizes Chainalysis Blockchain Forensics for Cryptocurrency Investigations
9.8.2023
Officials in law enforcement from Lethbridge, situated in the province of Alberta, Canada, have unveiled that the Lethbridge Police Service (LPS) is now utilizing Chainalysis blockchain forensics software. According to local reports, LPS has acquired the capacity to trace cryptocurrency...
10 obstacles to cross-chain interoperability (and how they can be overcome)
8.8.2023
Cross-chain operability may only be achieved when there’s not only a way, but a will to move forward
Singapore Red Cross to accept donations in Bitcoin and Ethereum
8.8.2023
Singapore Red Cross recently announced its partnership with Triple-A. Now, the homegrown humanitarian organization will start accepting donations in Bitcoin and Ethereum. Triple-A is a renowned payment gateway that boasts a license from the MAS (Monetary Authority of Singapore). The announcement...
Belarus Prepares to Launch ‘Cross-Border’ CBDC – Russia’s Digital Ruble an Inspiration?
8.8.2023
Belarus is set to follow suit with Russia’s CBDC development plans – and plans to launch a digital version of the Belarusian ruble for use in “cross-border” payments.
Per Minsk-Novosti and Interfax, the National Bank of the Republic of Belarus (NBRB) has earmarked the launch of CBDC as one of...
Singapore Red Cross starts accepting crypto donations
7.8.2023
Humanitarian aid and community services charity, Red Cross Singapore, included cryptocurrency as a newly-accepted form of donation
SushiSwap furthers cross-chain functionality with Core integration
1.8.2023
SushiSwap brings liquidity pools, cross-chain swaps and its DEX aggregator to the Core blockchain ecosystem
Chainlink launches new cross-chain protocol, DigiToads ‘Killer’ attracts investor demand
30.7.2023
In the ever-evolving world of cryptocurrencies, interoperability has become a crucial element for unlocking the full potential of blockchain technology. As the crypto space seeks seamless connectivity between different networks, Chainlink has taken center stage by launching its highly anticipated...
Blockchain will save financial institutions $10B by 2030: Ripple
30.7.2023
Among the 300 payment leaders surveyed across 45 countries, 97% believe that blockchain will play a crucial role in faster payment systems within the next three years