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Polygon PoS Now Supported By Amazon Managed Blockchain Access


Source: AdobeStock / gguy Amazon Managed Blockchain (AMB) Access now supports the Polygon proof-of-stake (PoS) mainnet and the Mumbai testnet in public preview. AMB is a fully managed service that provides access to public and private blockchains. Polygon is a scaling solution leveraging...

Solomon Islands and Soramitsu Unveil Partnership To Launch CBDC Pilot 


Source: Pixabay The Central Bank of Solomon Islands has revealed a partnership with Japanese blockchain Soramitsu to launch a proof-of-concept for a CBDC named Bokolo Cash. In a Keynote speech on Tuesday, Solomon Islands Prime Minister Manasseh Sogavare said his country was embarking on the CBDC...

Hedera boosts proof of concept to automate RECs for its partners


Hedera has announced that it will assist EDF, REDEX, and Rekursive Labs in leveraging its potential pertaining to proof of concept, further helping them to automate the issuance and redemption of RECs, Renewable Energy Certificates which represent one’s power consumption. RECs work on...

Gate.io Implements Zero-Knowledge Tech in New Proof of Reserves Method


Nov. 23rd – Gate.io, a leading cryptocurrency exchange and Web3 innovator, has announced upgrades to its Proof of Reserves (PoR) process, which includes a new open-source method utilizing zero-knowledge technology. Following the upgrade, the PoR process will now cover the top 100 digital...

Verasity Announces the Launch of VeraAds


PRESS RELEASE. London, November 23rd 2023 – Verasity, a leading advertising ecosystem built on open-ledger principles and creators of internationally patented Proof of View technology for preventing ad fraud, today announces the launch of VeraAds. A new service from Verasity, VeraAds...

Tencent, Huawei Make Bold Moves in Web3 Amid China’s Crypto Constraints


Source: LT/Adobe Tencent and Huawei, two major Chinese tech giants, are making notable strides in the Web3 space despite the country’s stringent regulations on cryptocurrency trading. At the Staking Summit in Istanbul, a two-day conference featuring top minds in proof-of-stake (PoS)...

JPMorgan Explores Fund Tokenization for Personalized Portfolio Management


Source: Pixabay JPMorgan and Apollo have collaborated with several blockchain firms to showcase a “proof of concept”, demonstrating how asset managers can tokenize funds using the blockchain of their preference. According to a press release issued on Wednesday, the companies said that blockchain...

StablR integrates Chainlink Proof of Reserve on Ethereum


StablR has gone in for incorporating Chainlink Proof of Reserve (PoR) on Ethereum to carry out improvements related to clarity issues for EURR-StablR’s collateralized and euro-supported stablecoin. By utilizing Chainlink PoR, users can monitor both the total amount of StablR Euro in circulation...

Investment Firm Proof Group Eyes Revival of Bankrupt Crypto Exchange FTX


Source: AdobeStock / Rafael Henrique Proof Group is one of three bidders eyeing a potential acquisition of the fallen crypto exchange FTX according to multiple sources familiar with the matter. The investment firm is already familiar with the crypto sector. As part of the Fahrenheit Consortium,...

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