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Big banks rush in to test ECB’s wholesale distributed ledger tech
24.6.2024
The new participants in the European Central Bank’s DLT tests include major financial institutions
Ethereum’s Pectra upgrade: Key risks identified in Report
16.6.2024
According to a new report by Liquid Collective and Obol, Ethereum’s Pectra upgrade in 2025 poses significant risks, including concerns over client, operator, and cloud diversity
European Commission selects Iota Web3 ID for blockchain sandbox
13.6.2024
The European Commission’s selection of Iota’s Web3 ID solution highlights the solution’s potential to revolutionize KYC processes using distributed ledger technology and tokenization on a mass scale
Every Layer of Animal Well (And How To Solve It), Explained
11.6.2024
Animal Well, Shared Memory’s excellent metroidvania, is a natural conversation starter, thanks in no small part to its “layers” of progression. The term at least partially stems from this list of tips from the game’s developer Billy Basso, in which Basso discloses that “Animal Well is designed with...
Qatar Central Bank launches first phase of CBDC project
3.6.2024
The small country on the Arabian Peninsula sees CBDC as part of its national development strategy
Marketnode Secures Series A Funding Led by Financial Services Giant HSBC
30.5.2024
On Thursday, Singapore’s Marketnode, a digital market infrastructure operator, secured funding for its Series A financing round led by HSBC, the British multinational universal bank and financial services group. The exact amount raised during the Series A funding was not disclosed. HSBC Joins...
Genesis Returns $2.2B in Crypto Assets to Lending Program Participants
30.5.2024
Defunct crypto lender Genesis distributed $2.18b worth of crypto to 232,000 users enrolled in Gemini Earn, an interest-accruing lending program. The distribution followed a New York bankruptcy judge approving the Chapter 11 plan last week.
The post Genesis Returns $2.2B in Crypto Assets to Lending...
World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency
19.5.2024
The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($219 million) bond is the largest CHF issuance by the World Bank since 2009. It utilizes distributed ledger technology and settles using Swiss Franc wholesale central bank digital...
US Banks and Mastercard Test Ledger Tech for Settling Tokenized Assets – Institutional Adoption on the Rise?
8.5.2024
The largest American banks are jointly experimenting with distributed ledgers to discover the potential of tokenized assets.
The post US Banks and Mastercard Test Ledger Tech for Settling Tokenized Assets – Institutional Adoption on the Rise? appeared first on Cryptonews
Mastercard joins forces with US banking titans for tokenized settlement trials
8.5.2024
The partnership between the significant banking giants in the US and Mastercard is aimed at streamlining multiple asset-class settlements on a shared ledger platform
Crypto Scam Update: Stolen $71M WBTC Loot Distributed Among Multiple Wallets
8.5.2024
Stolen crypto funds tied to a recent $71 million wallet impersonation scam have started moving after six days.
The post Crypto Scam Update: Stolen $71M WBTC Loot Distributed Among Multiple Wallets appeared first on Cryptonews
White House Policy Group Finds Digital Assets, DLT Vital for US National Security
14.2.2024
A White House policy group highlighted critical emerging technologies for US national security in an updated report on Monday. The Fast Track Action Subcommittee’s report categorized distributed ledger technologies (DLT), digital assets, and digital payment technologies under “data...
Scorpion Casino (SCORP): $100K Paid Out – Why Holders Are Smiling with Passive Income
12.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scorpion Casino’s SCORP token stands out as a beacon of innovation. With a groundbreaking reward system, SCORP has already distributed $100K in passive income to its holders, marking...
Solana Foundation Teams Up with Abu Dhabi Free Zone for Web3 Push
8.2.2024
Abu Dhabi Global Market (ADGM) and Solana Foundation announced Wednesday an agreement to explore blockchain ecosystem development. The collaboration aims to improve Distributed Ledger Technology solutions and drive forward blockchain innovation, a press release said. “We are excited to partner with...
Will the Tokenization of Debt Trend Gain Momentum in 2024?
6.2.2024
The tokenization trend continues to gain momentum in 2024 with the primary focus being on digital assets and payment systems. The tokenization of debt, derivatives, and structured products requires converting these instruments into digital tokens on the blockchain or distributed ledgers and remains...
Celsius Emerges From Bankruptcy, Begins to Distribute $3 Billion to Creditors
1.2.2024
Celsius has concluded its Chapter 11 bankruptcy process and is embarking on a new journey with the launch of Ionic Digital, Inc., a bitcoin mining company managed by Hut 8 Corp. This development follows a complex legal and financial restructuring, which will include over $3 billion distributed...
Jupiter’s JUP Token Makes a Grand Entry With $700M Airdrop on Solana Blockchain
1.2.2024
Jupiter successfully launched its JUP token. The airdrop, one of the largest in crypto history, distributed an astounding $700 million worth of JUP tokens to almost a million wallet holders. Jupiter’s JUP Token Airdrop Distributes to Nearly a Million Users The cryptocurrency world witnessed...
How and Why Decentralized Education (DeEd) is Driving the Next Major Shift in Learning
30.1.2024
  ‘DeEd’, or decentralized education, applies the benefits of decentralized technologies to the learning process, creating distributed access to educational resources across a network of learners, teachers and institutions, without reliance on centralized authorities, and regardless...
Solana Unleashes Token Extensions to Enhance SPL Token Standard
25.1.2024
On Wednesday, Solana Labs unveiled the launch of token extensions, marking a noteworthy advancement in the SPL Token standard. The blockchain network’s token extensions aim to provide a suite of solutions for businesses transitioning to distributed ledger technology, emphasizing security...
70% of Crypto Asset-Related Communications Violate Rules: FINRA
24.1.2024
The U.S. Financial Industry Regulatory Authority (FINRA) has reported that approximately 70% of crypto asset-related communications reviewed in a recent targeted exam have failed to comply with its rules. According to a recent report by the FINRA, the examination launched in November 2022 involved...