Blockchain

The MAS will collaborate with local banks during the pilot, allowing them to issue tokenized bank liabilities on blockchain technology, streamlining the clearing and settlement processes. Singapore is gearing up for a groundbreaking move into the era of Central Bank Digital Currencies (CBDCs), with plans to pilot the live issuance and use of wholesale CBDCs in 2024. As reported by CNBC, Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), announced the plans at...

[PRESS RELEASE – Tulum, Mexico, November 17th, 2023] CKB, the blockchain of the Nervos Network, is set to mark a significant milestone with its first halving on November 19th. This event will cut CKB’s hard-capped base issuance rate in half, bringing real inflation down from 7.92% to 3.77%, among the lowest across major Layer 1 blockchains. In nominal terms, the base issuance will drop from 4.2 billion to 2.1 billion CKB per year, whereas the secondary issuance, which is...

Crypto startup investment company Republic has selected Avalanche as the blockchain to launch its native token, the Republic Note, as part of its mission to democratize private market investing. According to an announcement seen by CryptoPotato, Republic chose Avalanche for the launch due to the network’s scale, speed, and customizability, with intentions to expand its footprint to a subnetwork next year. Republic Picks Avalanche for Token Launch The Republic Note has...

Strike initially rolled out the BTC purchase feature for customers in the United States, allowing only users in the country to buy the crypto asset at no cost. Crypto payment company Strike has expanded its global services, allowing users in 36 countries, including El Salvador, Australia, and some African nations, to purchase Bitcoin (BTC) directly on the platform using their debit cards. In a recent announcement, the firm revealed plans to extend these services to over 65 countries in the...

Taproot Wizards seeks to bring together developers to build different applications and solutions on top of the Bitcoin Base layer that will maximize the potential of the Taproot upgrade carried out in 2021 To strengthen the innovations in the world of Bitcoin, Taproot Wizards secured new funding to further develop the BTC ecosystem. The successful raise shows increasing momentum and interest in expanding Bitcoin’s capabilities beyond being only a store of value. HOLD ON TO YOUR WIZARD...

The platform includes a Coinbase Commerce button which allows merchants to easily accept payments for goods, services, and donations. In a groundbreaking move towards enhancing the user experience in onchain payments, Coinbase Commerce has unveiled a comprehensive set of product updates. This development, announced in a recent blog post, is set to address the challenges posed by cryptocurrency volatility, making onchain payments more accessible and seamless for thousands of global...

As part of the Stage 2 testnet launch, operators can now register to the network and commence validation for the first App-Verified State (AVS) – EigenDA. EigenLayer, a leading blockchain protocol, has officially launched the Goerli testnet for EigenDA, signaling a significant advancement in its development journey toward the complete EigenLayer vision. The release of Stage 2 follows the successful introduction of restaking on the mainnet Ethereum in June, which saw a robust response from...

The Flare Reputation Score, born out of the collaboration between Flare and Bloxico, stands as a testament to the commitment to transparency, trust, and community empowerment within the blockchain realm.  Flare Network, the blockchain for data, has recently unveiled a groundbreaking partnership with Bloxico, a pioneering blockchain technology company to introduce a novel metric, the Flare Reputation Score. The Flare Reputation Score As highlighted in a press release shared with...

Amazon users will be able to find and buy Hyundai vehicles of choice from different US local dealers beginning next year with the Alexa built-in expected to be integrated into the company’s next-generation vehicles. Leading online retail shopping company Amazon.com Inc (NASDAQ: AMZN) has announced a broad and strategic partnership with South Korea-based automotive manufacturer Hyundai Motor Co. Ltd (KRX: 005380) to ensure sustainable growth and innovative customer experiences. According to...

This acquisition will prepare CoinShares to position itself in the US markets ahead of the upcoming launch of spot Bitcoin ETFs. Europe-based crypto asset management firm CoinShares has obtained an exclusive option to acquire the ETF unit of Valkyrie Investments. This will help CoinShares strategically position itself in the US market amid expectations of the Securities and Exchange Commission approving a spot bitcoin ETF. The option, valid until March 31, offers CoinShares the...