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Ethereum-Based ‘Cryptoruble’ Token Under Development in Russia


Developers are working on a “cryptoruble” that, as they say, can improve Russians’ access to global exchanges and be used for cross-border payments. Defi platform Indefibank, which is behind the project, says the token will be pegged to the national fiat but independent from...

L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration


The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement...

Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700


New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is to improve the fight against organized crime, money laundering, and tax evasion. Critics doubt the law will...

Siren Integrates Chainlink Services to Improve User Experience


Siren recently announced equipping multiple Chainlink services to improve its DeFi user experience. Chainlink Keepers and Chainlink Price Feeds are among the equipped services. With Chainlink Keepers, the DeFi protocol will improve the functionality and reliability of Siren vaults. Similarly...

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