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BRICS Nations to Encourage Use of Local Currencies in Trade
3.6.2023
Countries in the BRICS bloc intend to encourage the use of local currencies in cross-border trade, their foreign ministers revealed. The top diplomats, who met in South Africa, also emphasized the importance of financial inclusion, welcoming new technologies that support it. BRICS to Stimulate...
Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted
2.6.2023
The bridges that are essential to our multi-chain cryptoverse are vulnerable to hacks. But an analysis of some of the biggest exploits of the past year reveals that applying multiple security measures in combination could have blocked the attacks, writes Gnosis co-founder Martin Koppelmann
Russian Businesses Ask Putin to Help Legalize Crypto
1.6.2023
A body representing the interests of Russian businesses has called on president Putin to help with crypto legalization. Their proposals, including on the use of cryptocurrencies in foreign trade settlements, have been included in a report to Russia’s head of state. Companies Urge President Putin...
Kenyan President William Ruto Urges African Countries to Commence Process to Ditch the Dollar
1.6.2023
Kenyan President William Ruto recently urged his counterparts on the African continent to kickstart the process of ditching the U.S. dollar and replacing it with a pan-African settlement system. Ruto said the Pan-African Payments and Settlement System (PAPSS) allows business people to focus...
LSD for DeFi: Tenet, LayerZero partner to drive cross-chain liquid staking adoption
30.5.2023
Cross-chain interoperability protocol LayerZero’s infrastructure aims to drive liquid staking adoption across the DeFi ecosystem
Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000, as ‘Death Cross’ Approaches
30.5.2023
Bitcoin was once again trading above $28,000 on Tuesday, as the 10-day and 25-day moving averages neared a death cross. The two trend lines have moved closer to one another, with an upwards bullish crossover somewhat imminent. Ethereum was also marginally higher today. Bitcoin Bitcoin (BTC) jumped...
Herencia Artifex’s Cross-Genre NFT Project Achieves First NFT Sale Milestone
25.5.2023
PRESS RELEASE. Tokyo, Japan, May 25th 2023, Chainwire. Herencia Artifex promotes collaboration across art world boundaries and provides a venue for artists of different backgrounds and styles to come together and produce creative works. The project name “Herencia Artifex” (abbreviated...
Russia and China Carry Out Most Settlements in Yuan and Ruble, Russian PM Mikhail Mishustin Says
24.5.2023
The larger portion of payments between Russia and China are now processed using the currencies of the two countries, Prime Minister Mikhail Mishustin revealed. Moscow and Beijing intend to increase mutual trade beyond the $200-billion target this year, added the head of the Russian government....
Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool
24.5.2023
The Fantom Foundation – the team developing the Fantom blockchain – removed millions of dollars in liquidity from a trading pool for the native token of Multichain on Wednesday, compounding concerns over the cross-chain bridging protocol’s stability
NFT marketplace enables cross-chain purchases on multiple networks
23.5.2023
Nonfungible token marketplace NFTrade now supports cross-chain purchases on Ethereum, Polygon, Avalanche and BNB Chain
Expert Claims Proposed BRICS Common Currency Poised to Undermine US Dollar Dominance
20.5.2023
A recent report from China’s Global Times reveals that Zhou Yu, an international finance research director at the Shanghai Academy of Social Sciences, believes that the proposed BRICS cross-border currency is a significant step in challenging the dominance of the U.S. dollar. Zhou asserts...
NY Fed and MAS publish joint CBDC cross-border payment project results
19.5.2023
The researchers built on their separate projects to demonstrate cross-border payments using illiquid currencies with an intermediate “vehicle” currency
Blockchain developers launch $50M fund to increase Wormhole adoption
18.5.2023
Wormhole is a cross-chain messaging protocol often used to transfer assets from one blockchain to another
Borderless Capital Leads Wormhole-Powered $50M Cross-Chain Fund
18.5.2023
Among the other investors are Jump Crypto, Arrington Capital, the Solana Foundation and Aptos Labs
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says
14.5.2023
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets in cross-border settlements, the official noted. Russian Legislature...
BTC price risks $27K loss as Bitcoin trend lines brew 'bullish cross'
11.5.2023
BTC price action offers little relief to Bitcoin bulls despite U.S. macro data releases showing inflation subsiding
deBridge delivers DLN API & boosts cross-chain performance in dApps
10.5.2023
deBrige, which is basically a framework for superior functioning cross-chain interoperability, has gone ahead and successfully delivered the DLN API. This will provide the opportunity for decentralized applications to be able to make it possible to carry out quick and deep liquid cross-chain...
DeFi Broker Prime Protocol Introduces Bridgeless Cross-Chain Token Transfers
9.5.2023
The protocol aims to eliminate the need for token bridges, wraps and swaps to make moving crypto tokens between blockchains safer
Iran Sets Up Platform to Facilitate Crypto Payments for Imports
3.5.2023
Authorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated platform has been established to allow local businesses to transfer cryptocurrency for the purpose of cross-border settlements. Iran to Use Cryptocurrencies...
PLEXUS joins Chainlink BUILD to boost cross-chain adoption
3.5.2023
PLEXUS is ecstatic to announce that it has decided to integrate successfully with the Chainlink Build program. Through this, they intend to accelerate the process of the ecosystem’s overall development as well as the future acceptance of their cross-chain DEX aggregator. This will...