Tornado Cash Emerges Strong After US Sanctions and Arrests, Handling $77.35 Million in Crypto Assets

Blockchain analysis firm Arkham Intelligence has reported that crypto mixing platform Tornado Cash has bounced back after facing sanctions from the US government and the arrest of its key figures. According to Arkham Intelligence, Tornado Cash remains the largest crypto mixer on the Ethereum network, with $77.35 million in assets flowing through its contracts in […]

VitaDAO Launches Matrix Biosciences, a Community-Funded Biotech Firm Backed by Pfizer Ventures

VitaDAO, a community-owned project focused on longevity research, has launched its first biotech company called Matrix Biosciences. The project, backed by Pfizer Ventures and Shine Capital, aims to develop groundbreaking treatments for cancer and aging-related disorders. Matrix Biosciences has received an initial funding of $300,000 from VitaDAO, with more funding expected through IP-NFT fractionalization in […]

TON Foundation Collaborates with Alibaba Cloud to Attempt Guinness World Record for Fastest Blockchain

The Open Network Foundation (TON Foundation) has announced its attempt to become the world’s fastest blockchain, as accredited by Guinness World Records. The foundation will conduct a public network performance test on October 31, 2023, to showcase the reliability, scalability, and speed of the TON blockchain. Collaborating with Alibaba Cloud and others, TON Foundation will […]

TON Foundation to Attempt Guinness World Record for Fastest Blockchain

The Open Network Foundation (TON Foundation) has announced its attempt to become the world’s fastest blockchain, as recognized by Guinness World Records. The foundation plans to conduct a public network performance test on October 31, 2023, to showcase the reliability, scalability, and speed of The Open Network (TON) blockchain. To facilitate the test, TON Foundation […]

BlackRock Utilizes JPMorgan’s Blockchain Tools for Instant Collateral Settlement with Barclays

BlackRock has utilized JPMorgan’s new blockchain tools to facilitate instant collateral settlement with Barclays. The transaction involved tokenized shares from one of BlackRock’s money market funds, leveraging JPMorgan’s Tokenized Collateral Network (TCN). This blockchain-driven platform allows for efficient and instantaneous transactions, eliminating the delays associated with traditional methods. JPMorgan plans to expand the supported assets […]

JPMorgan’s Tokenized Collateral Network (TCN) Revolutionizes Finance Industry with Instant Transactions

JPMorgan Chase & Co. has achieved a significant milestone in blockchain technology with the completion of its Tokenized Collateral Network (TCN) live transaction. This groundbreaking transaction involved major financial giants BlackRock Inc. and Barclays Plc, marking a pivotal moment in adopting blockchain technology for financial processes. The TCN, developed by JPMorgan, has proven its ability […]

ZK-Proofs: A Game-Changer for Authenticity and Financial Transparency

High-end cameras that digitally sign photos along with metadata like location and timestamp are already available, but the challenge lies in posting these large digital files on news websites. However, ZK-proofs offer a solution by significantly reducing the file size while preserving critical verification elements. This technology can prove the authenticity of a recording or […]

Decentralized Network io.net Revolutionizes GPU Computing for AI and Machine Learning Services

A decentralized network called io.net is aiming to provide a cost-effective solution for renting GPU computing power for AI and machine learning services. The project, which started as a quantitative trading system, aggregates GPU computational power from various sources such as data centers, cryptocurrency miners, and decentralized storage providers. By pooling these resources, io.net aims […]

Circle Partners with Coins.ph to Drive USDC Adoption in the Philippines

Circle, the issuer of the USDC stablecoin, has announced a strategic partnership with Coins.ph, a major cryptocurrency exchange and digital wallet provider in the Philippines. The aim of the partnership is to increase awareness of USDC payments and provide Filipinos with a more affordable and efficient way to make cross-border money transfers. Currently, the average […]

Swiss Central Bank Denies Rumors of Using XRP as Settlement Token

The XRP community has been buzzing with speculation about the Swiss central bank potentially using XRP as a settlement token. This speculation arose after Switzerland announced at a conference that live transactions with a Central Bank Digital Currency (CBDC) would take place by the end of the year. However, it has been revealed that this […]