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Crypto News Roundup for July 27, 2021
27.7.2021
With the crypto markets stabilizing after a recent short squeeze and a look at how crypto developers are spending more time optimizing than innovating, CoinDesk’s Markets Daily is back with the latest news roundup
Kirobo’s P2P Swap Button Introduces Slippage-Free, Direct Token Swaps to Crypto Market
27.7.2021
PRESS RELEASE. Tel Aviv – July 27, 2021 – Kirobo, a blockchain technology company, has launched its ‘P2P Swap Button’, a decentralized tool allowing cryptocurrency users to execute token swaps without having to use an exchange or custodial third party. By taking the swap...
Blockchain unicorn Fireblocks raises $310M
27.7.2021
The investment round was co-led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW VC and SCB 10X. Launched in 2020, SCB 10X is the venture capital arm of Siam Commercial Bank, Thailand’s oldest bank
India to use Ethereum blockchain to verify diploma certificates
27.7.2021
A new partnership with LegitDoc places India among early adopters to implement an e-governance system for higher education
Goldman Sach's new 'DeFi' ETF is anything but
27.7.2021
Goldman Sachs has filed for a “DeFi” ETF that will track major stocks including Nokia, Google, and Fujitsu
Thorchain Trolled by Hacker After Two Successful Seven-Figure Exploits
27.7.2021
Thorchain, a popular defi protocol, has been compromised twice in the last two weeks, resulting in losses of over $10,000,000. The hacker responsible for the latest exploit left behind a message detailing the measures that should be undertaken to protect users. Hacker Returns to the Scene...
Binance Smart Chain Creates a $10 Million Bug Bounty Fund to Tighten Protocol Security
26.7.2021
The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers. Binance Smart Chain Reveals...
How crypto can modernize the world of lending
26.7.2021
Crypto lending offers powerful advantages when compared with the status quo, including more competitive interest rates and flexible terms
Blockchain fail-safes in space: SpaceChain, Blockstream and Cryptosat
26.7.2021
Santo Blockchain and French Artist Jerome Peschard Release Cutting Edge XR-NFT Series
26.7.2021
PRESS RELEASE. Santo Blockchain Labs have joined forces with French artist Jerome Peschard to create an XR-NFT art series like nothing the crypto market has seen before. 26th July 2021, Ho Chi Minh City, Vietnam — Santo Blockchain Labs, a creative blockchain software development company...
DeFi projects face a painful dilemma right now as they seek ‘the holy grail’
26.7.2021
Many DeFi projects face a painful dilemma: Should their protocols be designed for professional traders, or everyday consumers yet to embrace crypto in their masses?
Kylin and Nftfy Partner Up to Bring DDMOs to Reality
26.7.2021
Kylin Network and Nftfy have partnered up recently. Nftfy is a decentralized platform that uses smart contracts to allow its users to fractionalize their NFTs (Non-Fungible Tokens). Users will be able to fractionalize their NFTs into multiple ERC-20 components backed up by the initial NFT. Kylin...
Blockchain Australia calls the state for crypto safe harbor
26.7.2021
The Australian crypto industry “cannot afford to wait years for regulatory clarity,” and consumers require confidence to access crypto services, the Australian blockchain association argued
DeFi cannot be fully regulated, Siam Commercial Bank president says
26.7.2021
Dr. Arak Sutivong, CEO of SCB 10X, believes DeFi requires a framework for long-term and sustainable interactions with traditional finance
Blockchain Nodes: Monetize Resources and Contribute to Crypto Growth
26.7.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Image Blockchain nodes are a fundamental part of the peer-to-peer infrastructure as they enable communication within the network. They are designed...
Crypto Companies Establish Presence, Hire Talent in Ireland
25.7.2021
With a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in the EU member state with some well-known players...
Amazon’s Payment Team Hiring Digital Currency Expert to Develop Cryptocurrency Strategy and Products
24.7.2021
Amazon’s Payments Acceptance & Experience team is hiring a digital currency and blockchain expert to develop the company’s digital currency and blockchain strategy and product roadmap, including a launch strategy. “We’re inspired by the innovation happening in...
Central Bank of Colombia Announces First Blockchain Bond Pilot Program
24.7.2021
The Central Bank of Colombia has announced its involvement in the first blockchain bond pilot program in the country, with the participation of the Interamerican Development Bank (IDB) and Davivienda, a private commercial bank. The proof of concept will use the Lacchain blockchain platform...
64% of Adults from 10 Different Countries Would Use a Central Bank Digital Currency: Report
24.7.2021
As central bank digital currencies (CBDCs) advance in testing, a number of countries have taken the lead in an effort to create a CBDC. The enterprise blockchain firm Guardtime recently conducted a survey that shows adults from ten different countries would likely use a CBDC. Nearly two out...
Report: Nigeria to Start Piloting Digital Currency in October
24.7.2021
The Central Bank of Nigeria (CBN) has reportedly set October 1 as the commencement date for the trial phase of its digital currency project. Dubbed project Giant, this digital currency project, or the “e-naira,” is expected to use the Hyperledger Fabric blockchain. CBDC Comes to Life...