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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
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