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State-owned German Bank Set to Introduce Blockchain-Backed Digital Bonds


On May 6, the state-owned German bank KfW declared that it would issue its first digital bonds based on blockchain technology. This action represents a significant advancement in Germany's traditional banking institutions' adoption of blockchain technology. The post State-owned German Bank Set...

LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop


LayerZero Labs, a renowned cross-chain interoperability protocol, has vowed to tackle the issue of sybil farmers ahead of its highly anticipated airdrop.  The post LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop appeared first on Cryptonews

Stepn Partners With Adidas to Issue Genesis Sneakers NFTs


Stepn, a lifestyle and move-to-earn application, partnered with Germany-based apparel company Adidas to issue the Genesis Sneakers NFT collection. The collection, which marks the start of a one-year collaboration between these organizations, comprises 1,000 NFTs inspired by Adidas’...

Polygon CEO’s statement on Ethereum #1 issue


Polygon CEO Marc Boiron has released another Ethereum statement, claiming that competition between Layer 2 chains poses a serious danger to Ethereum. Marc Boiron, known for his outspokenness, points out that competition among Layer 2 solutions is a significant challenge for Ethereum.  According...

dYdX Investigates Block Production Halt During Scheduled Upgrade


dYdX has confirmed an outage on its mainnet, and ecosystem engineers are currently debugging the issue. The outage has been ongoing since 6:50 a.m. UTC, with no fix expected for several hours, according to an incident report. The post dYdX Investigates Block Production Halt During Scheduled Upgrade...

South American Gold Miner Nilam Resources Plans to Buy 24,800 Bitcoin


Nilam Resources enters a letter of intent with Xyberdata to acquire MindWave, securing 24,800 Bitcoin and expanding its digital assets holdings to issue a new stock. The post South American Gold Miner Nilam Resources Plans to Buy 24,800 Bitcoin appeared first on Cryptonews

Lingo Introduces a Reward Token Backed by Real-World Assets


With Bitcoin pushing through all-time highs, the demand for cryptocurrencies has steadily increased. However, most crypto projects historically have failed to reward their communities in the long run. That’s because they were either built on ponzinomics, lack of real value generation, or real-world...

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