The European Parliamentary Research Service (EPRS) has, in its Thursday, September 21 publication, called for heightened oversight of the global digital assets market. The report supports formulating a European regulatory framework aligned…
Category: Blockchain
Who is Vitalik Buterin? – Everything You Need to Know About the Ethereum Creator
As of Septermber 21, 2023, Ethereum is ranked as the world’s second-largest crypto asset by market capitalization ($228.89 billion). Although the token’s value is far less than that of Bitcoin, there has…
PayPal Avails PYUSD Stablecoin to Venmo Payment Application
The American multinational PayPal Inc. revealed in a Wednesday, September 20 statement availing the PayPal USD (PYUSD) stablecoin to Venmo users. The financial technology company indicated that integration will allow the mobile-based…
Crypto Exchange JPEX Receives Hong Kong Regulator’s License Warning
Crypto exchange JPEX responded to Hong Kong’s Securities and Futures Commission (SFC) warning for operating without obtaining a requisite license. The Wednesday, September 13 statement indicated that JPEX never submitted a bid…
TON Foundation Secures Non-profit Registration in Switzerland
The Open Network(TON) Foundation confirmed finding a new residence in Switzerland following its spin-off from the Telegram. The entity developing and managing the TON blockchain affirmed its official unveiling as a Swiss…
MakerDAO Co-Founder Hints at Adopting the Solana Codebase for His Project’s Native Blockchain
After months of updates on the MakerDAO protocol, the process is almost coming to an end, according to the project’s co-founder, Rune Christensen. He says the last step involves building a native…
Chainlink and Swift Conclude Tokenization Tests With BNY Mellon and Citi Bank
Chainlink, Swift, and ten banks partnered to experiment with the capability to transfer financial assets across blockchain platforms and traditional rails. Today, Swift announced that it had fruitfully carried out several blockchain…
Solana Co-Founder Wants FTX to Distribute Its SOL Holding to Customers
Bankrupt cryptocurrency exchange FTX may be planning to dump its massive Solana holding based on the recent token transfers from its various wallets. Data on Solscan, a blockchain explorer, indicates that the…
What Are Altchains? – A Comprehensive Guide to Alternative Blockchains
Bitcoin is the most popular blockchain, followed by Ethereum. But other blockchains (altchains) have also seen significant adoption in recent years. This guide dives deep into altchains. We will discuss their relationship…
Circle Acquires Latin American Footing as MercadoPago Adds USDC
Dante Disparte, Circle’s chief strategy officer and international policy head, revealed that Chile is the initial flag owing to its lively technological environment. Circle, a stablecoin issuer, is partnering with Mercado Pago,…
Balancer Loses $1M in Latest Exploit as Developers Urge Users to Remove Funds
On Monday, well-known decentralized exchange (DEX) Balancer announced it had been targeted the previous day, losing nearly $1 million. The hack came five days after the developers behind the project revealed a…