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Navigating the Wrapped Bitcoin Landscape: 86,000 WBTC Exit Circulation in One Year
29.7.2023
Data reveals that since the start of the year, the count of circulating wrapped bitcoins (WBTC) has diminished, plunging by more than 22,000 WBTC. Notably, a year-long assessment reflects an even more significant contraction, with over 86,000 WBTC evaporating from circulation since last July....
Over 10,000 South African Retail Outlets Now Accept Momint Crypto Vouchers
27.7.2023
Momint, a Web3 marketplace app, has said South African residents can now use cryptocurrency to purchase shopping vouchers which are accepted by over 10,000 retailers. The Momint app can also be used to send cross-border remittances at a fraction of the fees charged by regular money transfer...
Ethereum death cross threatens more downside as ETH price trades at a key support level
25.7.2023
ETH’s technical and on-chain indicators point toward further downside, but there is a silver lining
Bridge Protocol LayerZero Passes 50M Cross-Chain Messages
25.7.2023
The milestone highlights the demand for crypto users to transfer liquidity between chains and conduct cross-chain token swaps
Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
24.7.2023
The two protocols will implement a standard for issuers to control the "canonical" minting of tokens, helping to reduce losses from unofficial bridges
Central Bank of Russia Discusses Digital Ruble Integration With Other Countries
22.7.2023
The Central Bank of Russia (CBR) is already discussing the integration of its central bank digital currency (CBDC), the digital ruble, with other countries’ payment systems. Elvira Nabiullina, Governor of the CBR, declared the bank was exploring different possibilities of integration with...
Binance Labs Pours $10 Million into Cross-Chain DeFi Lender, Radiant Capital
21.7.2023
Crypto exchange Binance’s venture capital arm – Binance Labs – has invested $10 million in Radiant Capital, a marketplace for providing liquidity and borrowing cross-chain assets.
Announced Thursday, the strategic funding round will help Radiant build new technologies and product development...
Wholesale CBDC Would Improve Cross-Border Payments, French Central Bank Tests Show
21.7.2023
The French Central Bank has determined that its wholesale central bank digital currency (wCBDC) would improve cross-border payments, it announced on Friday
Wormhole Launches New Bridge Connecting to any Cosmos Appchain
21.7.2023
The Wormhole Gateway is designed to make it easier for developers and users to on-ramp liquidity into the Cosmos ecosystem
Biggest Movers: XLM, LINK 20% Higher on Thursday
20.7.2023
Chainlink rose by as much as 20% earlier in today’s session, as markets reacted to the release of its Chainlink Cross-Chain Interoperability Protocol (CCIP). Traders were buoyed by the news, pushing the token to its highest level since April in the process. Stellar rose to a one-week high...
Egyptian and Nigerian Central Banks Sign Agreement to Deepen Cross-Border Regulation
20.7.2023
The central banks of Egypt and Nigeria have signed a fintech agreement to deepen the two institutions’ “cross-border regulatory collaboration” and information sharing. The London Institute of Banking & Finance, which also signed an MOU, will offer training programs, workshops...
200+ Hong Kong Stores Accept Digital Yuan – China’s CBDC Goes Cross-border
20.7.2023
Over 200 Hong Kong stores now accept digital yuan payments, banks have claimed, as China looks to take its CBDC into the cross-border space.
The list of e-CNY-accepting vendors includes stores and outlets that cater predominantly to Mainland Chinese tourists.
Per Wen Wei Po Hong Kong,...
China’s digital yuan nears $250B transaction volume: Central bank governor
20.7.2023
While the adoption and use cases of China’s e-CNY are expanding, the digital yuan still only represents 0.16% of China’s monetary supply
Chainlink launches cross-chain protocol bridging blockchain to TradFi
18.7.2023
Several top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol
Dig It: You Can Still Play Xbox 360 Shadowrun On Xbox Live
17.7.2023
Remember Shadowrun? No, not the tabletop RPG with incomprehensible rules. Nope, not the very good 1993 SNES game either. And no, not Shadowrun Returns. Rather, I’m talking about the oft-ignored, largely forgotten Xbox 360 multiplayer FPS. It wasn’t a very good competitive first-person shooter,...
A New Uniswap Feature Aims to Eliminate DeFi Pain Points
17.7.2023
UniswapX, announced at EthCC in Paris, offers better prices by aggregating liquidity sources, gas-free swaps, and protection against MEV
Central Banks Controlling Money Is Not Democracy, Balaji Srinivasan Says
12.7.2023
If central banks control all uses of money, this is not democracy, Coinbase’s ex-tech chief Balaji Srinivasan is convinced. The entrepreneur commented on statements by the head of the Bank of International Settlements during an IMF meeting devoted to cross-border payments. Balaji Srinivasan Speaks...
Cross-Chain Protocol Axelar to Develop Web3 Services With Microsoft Azure
11.7.2023
Axelar said further plans with Microsoft include connecting private and public blockchains that use OpenAI services to create Web3 products
Bitcoin NFTs Back in Spotlight as Ordinals Cross 350K Daily Inscriptions
11.7.2023
Bitcoin Ordinals, a method of generating non-fungible tokens (NFT) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain
Multichain's ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis
11.7.2023
Chainalysis told Cointelegraph that they were “describing it as a possible rug pull,” based on an analysis of Multichain’s spurious transactions and internal problems