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Cross-chain Bridging is Broken - But We Know How to Fix It


Kadan Stadelmann is the Chief Technology Officer (CTO) of Komodo (KMD), a decentralized, open-source blockchain and a major player in blockchain interoperability and atomic swap technology.__________ As of August 2022, there’s been $2 billion total in crypto losses, with 69% of stolen crypto funds...

Coinbase is Giving Away ENS Usernames to Make Crypto Wallet Transfer Easier


Major crypto exchange Coinbase has announced that it’s been working with decentralized identity infrastructure provider Ethereum Name Service (ENS) to offer Coinbase-managed web3 usernames free to users – enabling them to use that username instead of a traditional address to send and receive...

Trust Wallet Announces Integrating SWEAT Token


Sweat Economy recently announced that Trust Wallet had integrated its SWEAT token. The move-to-earn platform allows users to send and receive SWEAT ERC-20 tokens on Trust Wallet. The news came from the official Sweat Twitter shortly after the launch of its largest ever airdrop. It has only been...

Bitcoin-Embracing El Salvador President’s Re-Election Declaration Slammed


Just over a year after overseeing El Salvador’s adoption of bitcoin, the Central American country’s 41-year-old president, Nayib Bukele, recently declared his intention serve another five-year term. The announcement has been criticized by some who have been quick to remind Bukele that...

Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance Pay


Varus, a retailer with over 100 supermarket stores across Ukraine, has partnered with the world’s leading digital asset exchange, Binance, to launch cryptocurrency payments. Customers will now be able to order groceries online and cover the bill through a Binance Pay wallet. Ukrainians...

Web3 Wallet Omni Raises $11 Million With MEXC Ventures’ Partnership


According to media sources, Web3 wallet Omni announced that it had completed an equity financing of $11 million at a valuation of $50 million in May this year. The investors included MEXC Ventures, a fund under MEXC, as well as the Spartan Group, GSR Markets, Eden Block, OP Crypto, and more. What...

Central Bank of Argentina Issues New Compliance Rules for Digital Wallets


The Central Bank of Argentina has issued a new set of rules for operators of digital wallets in the country. Customers of companies like Uala, a wallet popular in Argentina, will now be qualified as financial users, having new protections similar to those offered by banks and other financial...

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