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South African Startup Neonomad to Launch Rand-Backed Stablecoin
24.7.2024
Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This innovative stablecoin epitomizes the seamless integration of regulatory safety with decentralized efficiency. Neonomad’s platform will also facilitate multiple...
Cross-Border Digital Ruble Payments May Become a Reality in 2026
22.7.2024
Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements from Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market. Aksakov stated that in 2025, authorities plan to expand the current pilot stage...
Caliza Raises $8.5 Million to Ease Cross Border Payments Using USDC in Latam
17.7.2024
Caliza, a fintech company headquartered in the U.S. but focused on Latam, has raised $8.5 million in a funding round led by Initialized, seeking to expand the reach of its foothold in Brazil. The company offers B2B solutions focusing on USDC, Circle’s regulated stablecoin, providing rails...
Crypto for good: Why blockchain can bring financial inclusion worldwide
10.7.2024
John Wingate of BankSocial and Azeem Khan of Morph tell The Agenda podcast how crypto and blockchain can make the world a better, more equitable place
Dubai Border Protection Agency Launches Blockchain Platform to Boost Efficiency
9.7.2024
Dubai’s border protection agency announced the launch of a secure and efficient blockchain network, which is expected to improve efficiency and transparency within the United Arab Emirates city. The blockchain platform will also strengthen Dubai’s position as a hub for entrepreneurship and global...
Multichain Foundation to pay $2.1M to Fantom for losses
9.7.2024
The High Court of Singapore ordered Multichain to compensate the Fantom Foundation after a $210 million hack, awarding $2.18 million in damages
Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements
5.7.2024
Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing cross-border payments. Alexey Guznov, Deputy Chairman of the Bank of Russia, declared that proposals have already been presented and the issue is now being discussed....
Russian Central Bank Suggests Using Crypto to Counter Western Sanctions
4.7.2024
Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions. Bank of Russia Governor Elvira Nabiullina highlighted that the central bank has softened...
Layerzero Integrates Flare, Enabling Connectivity to 75 Blockchains
3.7.2024
Layerzero has integrated with Flare, a layer one (L1) blockchain, to connect it with 75 other blockchains. This integration aims to broaden the scope of decentralized applications (dapps) and improve data sharing across networks. Flare and Layerzero Partnership Aims to Enhance Dapp Accessibility...
It Feels Like Sony Is Finally Leaving The PlayStation 4 Behind
3.7.2024
The long-tail on the PlayStation 4 has been incredible. The console still has 49 million active users according to Sony’s most recent estimate. But all good things must come to an end, and it feels more clear than ever that Sony is ready to leave the PS5's predecessor in the past, with Horizon Lego...
Aave DAO Launches GHO Stablecoin on Arbitrum Network
2.7.2024
Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched...
Banque de France, Hong Kong Monetary Authority explore CBDC, tokenization
28.6.2024
The HKMA set up Project Ensemble months ago. Now we know why
Layerzero’s ZRO Token Listed on Major Exchanges, Boosting Cross-Chain Communication Potential
21.6.2024
Layerzero’s native token, ZRO, has been listed on several major cryptocurrency exchanges, marking a significant milestone for the cross-chain communication protocol. Binance, Upbit, Okx, Bybit, Gate.io, Bitget, Kucoin, MEXC, and Woo X have all added ZRO to their platforms, offering various...
Monero's XMR Token Reverses February Slide With Golden Cross
20.6.2024
XMR briefly topped $180 last week, reversing the Binance-led February slide
Stablecoins to make up 10% of money in the next decade or so: Circle CEO
20.6.2024
Circle CEO Jeremy Allaire revealed four of the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before
BIS Survey: 94% of Central Banks Exploring Digital Currency
15.6.2024
The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs). There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors...
RealToken DAO integrates Chainlink CCIP for cross-chain token transfers
14.6.2024
RealToken DAO, specializing in real estate tokenization, has integrated CCIP, the global standard for cross-chain interoperability. They will be taking advantage of CCIP’s Simplified Token Transfer capacity to provide cross-chain REG transfer. It empowers users to move tokens faultlessly between...
Polkadot faces further declines as ‘Death Cross’ pattern signals bearish trend
10.6.2024
Polkadot’s value dropped considerably as reservations regarding its ecosystem persisted ahead of the JAM chain update. On Monday morning, the DOT token experienced a dramatic decrease to $6.42 at 6:48 a.m. GMT, representing a plunge of over 45% from its high this year. This occurred...
Zilliqa 2.0 upgrade enhances speed and cross-chain compatibility
7.6.2024
Block times can also be adjusted as desired. The root mainnet shard features an average block time of just 2 seconds
Cross Border CBDC Project Mbridge Enters MVP Stage
7.6.2024
Project Mbridge, the cross-border central bank digital currency (CBDC) project that seeks to integrate several currencies into a global network, has reached its minimum viable product stage. This means that each one of the participant central banks has deployed a validating node in the network...