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Blockchain
What Are Smart Contracts? Unpacking Today’s Digital Agreements
In the digital currency realm, smart contracts have enhanced the financial industry through tokenization, decentralized finance (defi) and other agreements in the form of self-executing code. But how exactly do they work? What benefits do…
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JPMorgan Mulls Blockchain-Based Deposit Token, Report
America’s biggest bank by assets, JPMorgan Chase, is exploring a blockchain-based deposit token for cross-border payments and interbank transfers. If approved by regulators, the banking giant may create the digital asset, which would be…
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Fourth Consecutive Week of Decline: NFT Sales Dip 6.75%
Non-fungible token (NFT) sales took yet another dip this week, marking the fourth consecutive week of decline, albeit a slight one, with a decrease of 6.75%. From September 2, 2023, to September 9, the total sales for this week amounted to…
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JP Morgan Explores Blockchain-Based Deposit Token for Faster Cross-Border Settlements: Report
American financial services giant JP Morgan is exploring a new type of token that will speed up its cross-border payments and settlements.
People familiar with the matter told Bloomberg that the multinational financial services firm has…
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Ripple Acquires Crypto Financial Services Company Fortress Trust
Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to…
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LBRY Gears Up to Contest US Securities Law Violation Ruling
In a recently filed court document, blockchain-based publishing company LBRY has signaled its intent to challenge a New Hampshire district court’s verdict. This ruling, made in November 2022, concurred with the U.S. Securities and…
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Bitcoin Witnesses Second-Highest Daily Ordinal Inscription Count as Inscriptions Near 30 Million
While Bitcoin-based nonfungible token (NFT) sales have declined, and the network has dropped to seventh out of 23 blockchains in sales this past month, Ordinal inscriptions continue unabated. The number of inscriptions linked to the Bitcoin…
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Ark Invest, 21shares, and Vaneck Forge Ahead With Spot Ethereum ETF Applications
The U.S. Securities and Exchange Commission (SEC) has temporarily postponed its ruling on seven bitcoin exchange-traded fund (ETF) applications. Meanwhile, a fresh wave of applications has emerged, with Ark Invest and 21shares, in addition…
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Blockchain and AI Are Set to Transform Financial Markets: Moody’s
Incorporating AI and DLT into business models may require "substantial investment" at first – but could help lower expenses and improve market liquidity over time, a new report said.
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Bitcoin’s 21 Million Supply Cap: Immutable Truth or Future Flexibility?
This week, the crypto community is abuzz with discussions about Bitcoin’s 21 million supply cap and the potential for its alteration. On September 4, in a social media exchange, software developer and Bitcoin Core contributor Peter…
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