This week, Ethereum staking services have agreed to a 22% limit on all validators to ensure fair markets. August proved to be a costly month for DeFi as several protocols were collectively exploited for $16 million. Balancer protocol lost nearly $900,000 due to a vulnerability flagged months ago. Shibarium’s second launch proved more stable as […]
Dwayne Johnson (The Rock) and Oprah Winfrey have launched an initiative to help those affected by the devastating wildfires in Maui, Hawaii. The People’s Fund of Maui is open to contributors from all over the world and accepts donations in cryptocurrencies. Every adult resident of Lahaina and Kula is eligible to receive $1,200 per month […]
The United Kingdom has implemented the Travel Rule for crypto, which requires virtual asset service providers (VASPs) to collect, verify and share information relating to crypto-asset transfers. This rule applies to both inbound and outbound payments, and VASPs must make a risk-based assessment as to whether to make the cryptoassets available to the beneficiary. The […]
Swift, the global financial messaging giant, has partnered with Chainlink (LINK) to tackle the challenge of interoperability. This collaboration marks a significant milestone in the world of blockchain and tokenization, as it aims to streamline connections between different networks involved in a tokenization trial. In June, Chainlink and Swift unveiled a collaborative effort involving numerous […]
New York Judge Katherine Failla recently ruled that Ethereum (ETH) is a commodity, rejecting a class action lawsuit against the leading decentralized exchange Uniswap. Judge Failla is also in charge of the SEC’s ongoing case against Coinbase. In her ruling, she stated that the smart contracts involved in the exchange of ETH and Bitcoin were […]
Kava Chain, a decentralized Cosmos-Ethereum interoperable layer one blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. This integration will enable safe and secure access for Fireblocks customers to the expanding Cosmos DeFi ecosystem via the Kava Chain.Idan Ofrat, co-founder and chief product […]
Radix DLT has launched RCnet v3, a crucial preparatory step for the upcoming Babylon mainnet upgrade. This release follows its predecessor, v2, with a focus on behind-the-scenes improvements aimed at enhancing platform stability. It introduces fresh preview editions of the Radix Wallet alongside RCnet v3-compatible versions of essential developer tools like the Radix dApp Toolkit, […]
ZkPass is an advanced privacy-preserving protocol for private data verification that allows users to securely and selectively validate their data from any HTTPS website. It is the ideal solution whenever trust and privacy are essential. The pre-alpha testnet of zkPass is now open for public testing, allowing users to experience firsthand the power of private […]
Veloce Media Group, a multi-pillared gaming and sports media group based in London, is launching its utility and governance token, VEXT, exclusively on ByBit, a top three global crypto exchange, on September 4, 2023. The token will empower holders to become part of the Veloce ecosystem, which will have substantial influence over decentralized assets within […]
Borroe ($ROE) is an innovative AI-driven funding platform that provides content creators and Web3 users with a unique approach to quickly generate liquidity. It enables users to sell their upcoming earnings sourced from royalties, subscriptions, and invoices to their active and supportive communities. Borroe ($ROE) integrates AI risk evaluation, blockchain technology, and efficient payment solutions […]
