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DTCC, Chainlink pilot accelerates fund tokenization with major banks on board; LINK soars 7%
17.5.2024
The Depository Trust and Clearing Corporation (DTCC), recognized as the world’s largest securities settlement system, has successfully completed a pilot project in collaboration with the blockchain oracle Chainlink and multiple major U.S. financial institutions. The term “Smart NAV” given...
Best Crypto to Buy Now May 17 – Arweave, Hedera, THORChain
17.5.2024
As major cryptocurrencies look to end the week on a strong footing, with Bitcoin (BTC) looking to push above a key short-term resistance zone, traders are parsing through their options in the altcoin market that might be the best crypto to buy now.
The post Best Crypto to Buy Now May 17 – Arweave...
Is onboarding too hard? Crypto adoption still faces major obstacles
17.5.2024
Progress has been made in streamlining the Web3 onboarding process, but the flood of mainstream users has not yet arrived
Tim Draper Champions Blockchain Startups: Announces Major Partnership With Stellar
17.5.2024
Renowned venture capitalist Tim Draper announced a significant collaboration between Draper University and Stellar. The partnership aims to accelerate and fund up to 80 startups over the next two years, with these startups set to build on the Stellar blockchain platform. The initiative includes...
DTCC and Chainlink Launch Pilot Program with US Banking Giants to Advance Tokenization in TradFi
17.5.2024
The Depository Trust and Clearing Corporation (DTCC) has partnered with blockchain oracle Chainlink to conclude a pilot program involving several major banking firms in the United States.
The post DTCC and Chainlink Launch Pilot Program with US Banking Giants to Advance Tokenization in TradFi...
Oklahoma Enacts Watershed Bitcoin Rights Law Protecting Self-Custody Wallets
16.5.2024
Oklahoma Governor Kevin Stitt delivered a major win to digital asset supporters Monday with the enactment of new law HB3594 focused on preserving fundamental Bitcoin rights. News of the state's new law comes amidst the U.S. government's crackdown on self-custody wallets, prompting outrage in...
Bitcoin Price Pumps Higher as Morgan Stanley Reveals Significant Holdings in US Spot Bitcoin ETFs – Here’s the Latest
16.5.2024
The Bitcoin (BTC) price has been pumping higher this week in wake of US CPI data that pointed at moderating price pressures, and as major financial institutions including Morgan Stanley reveal significant holdings in US spot Bitcoin ETFs.
The post Bitcoin Price Pumps Higher as Morgan Stanley...
ShibaSwap Upgrades to Shibarium Blockchain in Major Overhaul
16.5.2024
The Shiba Inu ecosystem's decentralized exchange, ShibaSwap, has successfully transitioned to the Shibarium blockchain, introducing many new features and enhancements, including improved SHIB burns.
The post ShibaSwap Upgrades to Shibarium Blockchain in Major Overhaul appeared first on Cryptonews
ShibaSwap rolls out major upgrade, moves to Shibarium
16.5.2024
Previously only available on the Ethereum blockchain, the DEX will now operate on both Shibarium and Ethereum
Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers
15.5.2024
Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne...
Fraudsters Partially Drain Assets from Crypto Investment Firm BlockTower’s Main Hedge Fund
15.5.2024
Digital asset investment firm BlockTower Capital faces a major setback after fraudsters compromised its main hedge fund. Bloomberg reported that the stolen funds remain unrecovered, and the hackers haven't been caught yet.
The post Fraudsters Partially Drain Assets from Crypto Investment Firm...
Canada’s Tax Agency Targets $40M in Uncollected Crypto Taxes as Trudeau Seeks Major Capital Gains Hike
14.5.2024
Based on a report by the National Post, Canada’s Revenue Agency (CRA) is actively searching for uncollected taxes on cryptocurrencies. The agency estimates that there is nearly $40 million in undeclared taxes related to digital currencies. Concurrently, Prime Minister Justin Trudeau...
Top Crypto Gainers Today on DEXScreener – SOLBET, KITTY, AMC
14.5.2024
With major cryptocurrencies seeing tentative gains at the start of the week, with Bitcoin (BTC) rising 2.5% to $63,000 as Ether (ETH) struggled but failed to rise above $3,000, the top crypto gainers today were all to be found in the on-chain token markets.
The post Top Crypto Gainers Today...
Final Fantasy Maker Promises 'Quality Over Quantity' And Fewer Exclusives In Major Strategy Reboot
13.5.2024
Square Enix has announced that it will be moving away from releasing games exclusively to select platforms, opting instead to pursue multiplatform launches in the near-future to amplify the sales of its flagging games. It’s all part of “aggressively pursuing” a new business strategy after a...
Michaël van de Poppe anticipates a major change in Ethereum (ETH)
13.5.2024
Michaël van de Poppe, a crypto analyst, predicts a major transformation in Ethereum (ETH) that will prevent the SEC from granting consent regarding applications for spot Ethereum Exchange Traded Funds (ETFs). He duly informs his 717,600 followers that, in his opinion, this will not happen soon. ...
Helldivers 2’s Latest Major Order Suggests Player Choices May Not Really Matter
10.5.2024
Helldivers 2’s major orders are supposed to be objectives that unite the community to work toward a common goal, one that often paves the way for momentous beats in its ongoing galactic war. Past major orders have led to incredible player-led stories like the liberation of Malevelon Creek and...
Crypto Exchange Trading Volume Declines in April as Bitcoin Retreats from Record High
10.5.2024
Trading volume on major cryptocurrency exchanges has experienced a significant decline in April, coinciding with Bitcoin's retreat from its all-time high.
The post Crypto Exchange Trading Volume Declines in April as Bitcoin Retreats from Record High appeared first on Cryptonews
Is BlockDAG poised to become the next major player in cryptocurrency with 30,000x ROI? Crossing Dogecoin and Bitcoin Cash in success
10.5.2024
In the dynamic world of cryptocurrencies, investors constantly search for the next big opportunity that promises substantial returns and introduces groundbreaking technologies. BlockDAG is quickly gaining attention as a formidable contender in the cryptocurrency arena due to its 30,000x...
Mastercard, Visa, JPMorgan, and Other Major Banks Explore Tokenized Asset Settlements
9.5.2024
Several major financial firms are collaborating to test the benefits of shared-ledger technology for jointly settling tokenized assets like commercial bank money and various securities. The initiative, known as the Regulated Settlement Network, is a proof-of-concept designed to expedite and secure...
Web3 Games in Focus: Nyan Heroes’ Epic Games Return, Shrapnel’s Card Integration, and The Sandbox’s Coach Battle
9.5.2024
Web3 gaming is having an excellent week, with The Sandbox, Nyan Heroes, and Shrapnel making major moves.
The post Web3 Games in Focus: Nyan Heroes’ Epic Games Return, Shrapnel’s Card Integration, and The Sandbox’s Coach Battle appeared first on Cryptonews