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Largest Japanese Banks to Use SWIFT-Linked Stablecoin System for Cross-Border Payments
7.9.2024
The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The initiative, Project Pax, replaces correspondent banks with blockchain technology, linking it to SWIFT to allow users to initiate payments conventionally...
Vaneck Reveals Plans to Close Ethereum Futures ETF
7.9.2024
On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that shareholders will have until September 16, 2024, to sell...
Atari founder’s new firm partners with Skale Labs for gasless blockchain gaming
6.9.2024
According to Web3 gaming firm Moxy, the deal will save the company around $3.5 million in gas fees annually
New Synthetix app chain aims for cross-chain liquidity for SNX staking, perps
6.9.2024
Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July
Uniswap settles CFTC charges, Polygon’s new ‘hyperproductive’ POL token: Finance Redefined
6.9.2024
The CFTC’s director warned that other DeFi ecosystems may also be fined for offering illegal trading services, while Polygon’s native token executed a key technical upgrade
'Blurt' Developer Thinks Crypto Makes for Better Donations to Twitch Streamers
6.9.2024
An inside look at the big and small projects being developed at the mtnDAO hacker house in Salt Lake City
Legacy Payment Processors Charge Adult Sites a Fortune; MyPeach.AI Found a Crypto Solution
6.9.2024
Adult entertainment websites usually pay credit card companies through the nose. MyPeach.AI has found a stablecoin-powered workaround
Bitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows
6.9.2024
Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $211.15 million, while ethereum ETFs faced a much smaller decline of $152,720. $211 Million Exits Bitcoin ETFs, Ethereum Funds Slip by $152K On Sept. 5, bitcoin and ethereum ETFs both took...
Fractal Bitcoin Set to Launch Sidechain With Unique Merged-Mining Mechanism
6.9.2024
Fractal Bitcoin, a sidechain of Bitcoin created by the Unisat wallet team, is gearing up for its debut on Sept. 9, introducing a fresh twist on mining called “Cadence Mining.” This process plans to enable bitcoin miners to merge-mine with Fractal Bitcoin every three blocks, offering...
Sonic SVM, Gaming Project on Solana Blockchain, Plans $12.8M Node Sale
6.9.2024
The project is taking advantage of an increasingly popular fundraising method known as "node sales" just months after a traditional $12 million fundraise
Japan’s major banks back new stablecoin project for global trade
6.9.2024
Project Pax, backed by Japan’s top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20
Crypto venture capital funding surges to $633M in August rebound
6.9.2024
Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development
Magic Eden faces backlash over US service segregation
6.9.2024
Magic Eden’s US-exclusive domain introduces service restrictions, sparking frustration over feature limitations like airdrops
Hacker praised after $27M crypto heist from Penpie DeFi protocol
6.9.2024
The $27 million Penpie hack caught the attention of the notorious Euler Finance hacker, who sent an onchain message to a fellow criminal
The Role of Blockchain in Supply Chain Management: Transforming Transparency and Efficiency
6.9.2024
In the evolving landscape of global commerce, supply chain management stands as a pivotal element in ensuring the smooth operation […]
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Telegram Revamps Rules to Allow Moderation of Private Chats Following CEO Pavel Durov's Arrest
6.9.2024
‘First fast’ Ethereum scaler Movement peaks at 12K TPS on testnet
6.9.2024
Movement Labs co-founder Rushi Manche claims his Ethereum scaling blockchain is peaking at 12,000 transactions a second on testnet
Blockchain experiment results in swarm of decentralized learning robots
5.9.2024
The research focused on securing the machines against physical and cyber-attack while maintaining their decentralized learning capabilities
86 Million Tokens Set for Distribution in Eigenlayer’s Season 2 Stakedrop
5.9.2024
The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who contributed to the Eigenlayer network. Token claims will open on or before September 17, 2024, with rewards based on participation in staking, contributions...
A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records
5.9.2024
In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This year, Bitcoin and Ethereum, the two biggest L1 chains, hit all-time highs in daily confirmed transactions. Yet, despite...