Celo’s inclusion with Opera’s MiniPay wallet augurs well for Africa’s expanding digital finance sector. Opera, the well-known web services provider, has announced intentions to integrate a non-custodial stablecoin wallet built on the Celo blockchain into its mobile web browser. This product, dubbed “MiniPay”, is intended to empower Opera’s enormous user base across the African continent by giving an easy and safe means of accessing and dealing with stablecoins. MiniPay seeks to make...
Read More »Coinbase to Integrate Bitcoin Lightning Network
In a matter of weeks, Coinbase constituted a team to dig into the protocol and assess the feasibility of its integration. Coinbase CEO Brian Armstrong has announced the exchange’s plans to integrate the Bitcoin Lightning Network (LN) into its infrastructure. LN is a layer 2 payment protocol that was created to improve the scalability of Bitcoin and allow cheaper and faster Bitcoin transactions. Joseph Poon and Thaddeus Dryja proposed the protocol in a whitepaper published in January 2016....
Read More »Deutschland: Blockchain Report 2023
CV VC German Blockchain Report 2023 is out now! CV Labs published the German Blockchain Report 2023: We’re excited to announce that the highly anticipated German Blockchain Report 2023 is now available for download! This comprehensive report provides invaluable insights into German blockchain-related activities and the region’s blockchain landscape. In addition, topics covered include the global funding landscape, regulatory updates, and industry...
Read More »Nasdaq Files Application for Hashdex Ethereum ETF with SEC
Hashdex’s rivals, such as Ark Invest and 21Shares, have also approached the SEC with their separate applications for spot Ether ETFs. Popular US-based stock exchange Nasdaq has formally filed an application with the Securities and Exchange Commission (SEC) seeking approval to list an Ethereum (Ether) Exchange-Traded Fund (ETF). This innovative investment vehicle is crafted to combine spot ether holdings and futures contracts within its portfolio, paving the way for a novel approach to...
Read More »First Time in 8 Months: Ethereum (ETH) Addresses in Profit Plunge to 53%
According to the blockchain intelligence platform Glassnode, the percentage of Ethereum addresses currently in profit has dropped to approximately 53.5%. The downtrend is attributed to Ether’s market performance, whose price has fallen by approximately 13% in the past 30 days. Glassnode estimated that the last time Ethereum addresses in profit dipped below 54% was on January 12, 2023. The percentage was even less towards the end of 2022 and the first few days of the ongoing...
Read More »Klaytn Foundation Aims to Deliver Positive Social Change through Financial Accessibility and Tokenization
Klaytn is expanding its offerings to focus on the tokenization of real-world assets like jewelry and real estate on its blockchain. Klaytn Foundation, the entity responsible for the enterprise blockchain platform Klaytn, has announced its intention to use blockchain technology to drive positive social change. The Foundation aims to improve financial penetration in Asia and other parts of the world by facilitating the development and deployment of new and related projects built on the...
Read More »Crypto Exchange CoinEx Hacked For $29 Million
Global cryptocurrency exchange CoinEx has been hacked for at least $29 million, with blockchain sleuths identifying a series of suspicious transactions leaving the firm’s hot wallets. Crypto security platform Cyvers reported the breach on Tuesday, calling on CoinEx to halt all deposits and withdrawals immediately. The hack occurred across three different blockchains, involving a wide variety of tokens. In total, thieves stole $18.12 million in assets on Ethereum, $8.5 million...
Read More »Web3 Pioneer, Dan Wasyluk, Joins Jurat Blockchains as Chief Technology Officer
[PRESS RELEASE – Chicago, IL, September 12th, 2023] Jurat Blockchains, a regulatory technology company bridging blockchains to the U.S. court system, is pleased to welcome industry veteran Dan Wasyluk as its new Chief Technology Officer. Mr. Wasyluk will oversee Jurat’s suite of on-chain legal enforcement products including the JTC blockchain ($JTC), the JTC Ordinals digital asset tokenization platform, and its fraud-fighting payments app project, called Zabbo. “We are lucky...
Read More »New Project Uses Blockchain to Find Stolen Artifacts
The world is rife with artifacts and treasures of immeasurable value. The problem is that with these items come thieves that are always trying to steal or run off with them. That’s where blockchain can come in handy, according to some analysts. Blockchain Can Help Track Stolen Items The idea of using blockchain to tokenize items or to transact in real-time is nothing new. The blockchain contains a degree of verifiability that one can’t often find in today’s modern...
Read More »Hong Kong and Israel Partner with BIS to Test CBDCs That Settle on Central Bank Balance Sheet
According to BIS research, 93% of central banks across the world are investigating the feasibility of issuing CBDCs. The Hong Kong Monetary Authority (HKMA) and the Bank of Israel (BOI) have partnered to address the privacy concerns associated with central bank digital currencies (CBDCs). This is according to a joint report titled “Project Sela – An Accessible and Secure Retail CBDC Ecosystem” released by the two central banks and the Bank for International Settlements Innovation Hub...
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