The cryptocurrency market is a dynamic landscape of innovation, achievements, and transformative projects. Polygon (MATIC) has been making waves after the Dragon Fruit upgrade, Uniswap (UNI) achieved a significant milestone, and Everlodge (ELDG) continues to impress investors with its performance. Polygon (MATIC) has experienced a surge in demand following its Dragon Fruit upgrade. The Polygon […]
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is now live on the BNB blockchain network. This integration with Chainlink will enable developers to securely expand their applications across chains. CCIP provides users with the ability to transfer tokens from one blockchain to another, using the lock-and-mint or burn-and-mint mechanisms. It also allows users to carry out Cross-chain […]
The banking industry is increasingly adopting blockchain technology to tokenize real-world assets. Financial giants like JPMorgan and Citi are exploring the benefits of both public and private blockchains, merging innovation with security. Franklin Templeton is utilizing public blockchains for their potential cost-saving efficiencies, while Citi is focusing on the integration of digital offerings. However, the […]
Cardano is making significant strides in its blockchain ecosystem, as outlined in the weekly development report. The Lace Wallet has been upgraded to enable users to customize their delegation ratio among different stake pools, as well as to integrate portfolio persistence and rectify UI glitches. Additionally, the DApp connector has been enriched to facilitate governance […]
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, believes that certain assets, including Bitcoin, will become “priceless” as the Federal Reserve works on a controversial project. Kiyosaki has 2.4 million followers on the social media platform X, and he has warned them that the Fed’s central bank digital currency (CBDC) will make […]
FCF Pay has partnered with Honda and Mercedes, allowing customers to finance, lease, or purchase vehicles using various cryptocurrencies including Ripple (XRP), Bitcoin (BTC), and Shiba Inu (SHIB). This move marks an exciting phase of cryptocurrency acceptance in the automotive sector, and is a significant stride in the massive adoption wave of digital currencies.Through this […]
The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland have recently announced the successful completion of a new CBDC initiative called Project Mariana. This project tested cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs) between financial institutions.The project leverages the concepts of Decentralized Finance (DeFi) technology […]
Jenny Johnson, CEO of Franklin Templeton, one of the world’s largest asset managers, believes that securitization, a practice with over 50 years of history, is undergoing a dramatic transformation due to tokenization. Tokenization is the process of converting asset ownership rights into digital tokens on a blockchain. Johnson believes that tokenization is like “securitization done […]
Chainlink, a decentralized oracle service, has partnered with Australia and New Zealand Banking Group (ANZ) to conduct a case study involving its new Cross-Chain Interoperability Protocol (CCIP) technology. The study demonstrated that ANZ-issued stablecoins could be transferred cross-chain via CCIP to purchase nature-based assets. In a paper released by Chainlink Labs in collaboration with ANZ, […]
Honda Motor Co., a Tokyo-based manufacturer of automobiles, motorcycles, and power equipment, has partnered with the blockchain payment system FCF Pay to allow clients to lease or purchase company products in digital currencies instead of fiat. The accepted assets include Bitcoin (BTC), Ether (ETH), Ripple (XRP), Shiba Inu (SHIB), Binance Coin (BNB), Polkadot (DOT), Pepe […]
