Blockchain

Turkish Finance Minister noted that work related to the crypto assets regulations is the final outstanding matter in order to achieve full compliance with FATF standards. Turkey’s finance minister has revealed the country’s intentions to introduce new crypto regulations, aiming to secure removal from the Financial Action Task Force’s “grey list” of nations lacking sufficient anti-money laundering measures. Back in 2021, the FATF had put Turkey on the grey list. As per the Reuters report...

The rise of TON began gaining momentum in September, coinciding with the introduction of the TON wallet within the Telegram messenger platform. The Open Network (TON) has taken the blockchain world by storm as it became the world’s fastest blockchain. With a remarkable achievement in speed during recent public testing, the TON development team reported that in a 12-minute experiment, an astounding 42 million transactions were conducted, setting a new record of 104,715 Transactions Per...

The new developments come after a court-mandated phased liquidation process, enabling FTX to sell digital assets worth a total of $3 billion on a weekly basis.  A flurry of activity in the crypto space last night grabbed the attention of industry watchers as the wallets associated with bankrupt crypto exchange FTX and its sister company Alameda Research transferred around $13.1 million in various digital assets to multiple exchanges overnight. Data from Spotonchain revealed that the...

BitGo confirms that it is delighted that its efforts to secure the new license have finally paid off. Crypto custody firm BitGo is now fully licensed to carry out its custody business in Germany, according to a recent CoinDesk report. This follows after the United States-regulated firm recently secured the appropriate license from the German Federal Financial Supervisory Authority (BaFin). The new license may make it official, however, BitGo confirms, in a press release, that it already...

The creator of the second largest stablecoin USDC with a market cap of about $24.7 billion announced that it will support only business institutional accounts. In a strategic move to review its relations with customers, Circle, a leading and regulated stablecoin issuer, informed its individual account holders that they will not be serviced by the end of this month. Circle wrote an email to its individual customers informing them to redeem their coins before November 30, as only...

The AWS Blockchain Node Runners has so far integrated Ethereum (ETH) and Solana (SOL), thus making it a major step for the latter to become a Web 3.0 hub that supports scalable smart contracts. Solana (SOL), a leading smart contract blockchain with a smartphone in the market dubbed Saga mobile, has announced that infrastructure nodes are now available on the Amazon Web Services (AWS) Blockchain Node Runners repository for easy access by Web 3.0 developers. The Solana team announced the...

The deployment brings DAS technology into play, which offers an innovative scaling approach. It allows blockchain nodes to verify data availability for specific blocks without the need to download the entire datase In the latest development, modular network Celestia successfully deployed its mainnet beta, known as “Lemon Mint”, which brings data availability sampling (DAS) technology into play. DAS offers an innovative scaling approach that allows blockchain nodes to verify data...

Sygnum and Swiss Tennis announce an NFT (Non-Fungible Token) collection to fund training and development for future tennis champions in Switzerland. The Swiss national team launches the collection at a press conference today to continue in the spirit of their win at the 2022 world championship. With its Swiss Tennis World Champion NFT art collection, Swiss Tennis explores new ways to engage with international tennis fans and give them unique fan experiences. Proceeds raised by the NFT...

Die Mining Difficulty (Mining-Schwierigkeit) ist eine Maßeinheit, die beim Mining einer Kryptowährung wie Bitcoin verwendet wird und sich auf die Schwierigkeit und den Zeitaufwand bezieht, den richtigen Hash für jeden Block zu finden. In der Welt von Bitcoin und anderen Kryptowährungen gibt es viele technische Konzepte, die Anfängern vielleicht nicht sofort verständlich sind. Eines dieser Konzepte ist die „Difficulty“ (auf Deutsch: Schwierigkeit)....

The Starknet Foundation has announced its intention to allocate approximately 50 million STRK tokens as part of its Early Community Member Program (ECMP). This initiative, unveiled on October 30, is designed to reward and motivate the individuals who played a pivotal role in developing the Starknet ecosystem. Straknet Foundation’s ECMP Program In a significant move to reward and motivate early contributors to the ecosystem, the Starknet Foundation has announced the...