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Blockchain
Amazon Collaborating in Pilot Program for New CBDC Proposed by IMF and Central Banks
The Monetary Authority of Singapore (MAS) has published a whitepaper that proposes conditions for the use of central bank digital currencies (CBDCs), tokenized bank deposits and stablecoins.
The whitepaper was produced in collaboration with…
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Privacy Protocols Have Not Gained Traction Because ‘User Experience Hasn’t Been up to Par’ — Namada…
According to Christopher Goes, the co-founder of privacy-focused blockchain Namada, many privacy protocols have not gained traction primarily because “the user experience hasn’t been up to par.” Part of the reason for this is…
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BNB Chain Rolls Out Testnet for New Ethereum Compatible Layer-2 Solution
Binance’s BNB Chain (BNB) is launching a testnet for an Ethereum (ETH)-compatible layer-2 solution called opBNB.
According to a new BNB Chain announcement, opBNB’s testnet, which is based on the Optimism OP Stack, is launching…
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VC Company A16z Expands to London to Take Advantage of Friendly Web3 Regulation
A16z, a tech-focused venture capital company, has announced that it will open its first office in London to take advantage of the friendly regulatory environment in the U.K. Prime Minister Rishi Sunak stated he was thrilled about this…
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Classifying Crypto Tokens as Securities Will Hamper Some Blockchains’ Decentralization Efforts,…
The core issue is whether countries should use securities law framed decades ago to categorize crypto tokens, without realizing the efforts of blockchain networks’ to transform existing financial systems, the report said.
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Sturdy Finance Falls Victim to Exploit, Losing 442 ETH in Latest Defi Hack
Decentralized finance (defi) platform Sturdy Finance was exploited on Sunday evening, losing 442 ether to an attacker. The team behind the project stated that it is aware of the reported exploit and paused markets at 10:19 p.m. ET.
…
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Report: Pan-African Crypto Exchange Mara Lays Off Majority of Employees
African crypto exchange Mara has not only parted ways with a reported 85% of its staff but has cut the salaries of workers that have remained. Although Mara has cast the layoffs as an exercise which aims to remove redundant roles, former…
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Here’s the Bull Case for Ethereum Rival Solana (SOL), According to InvestAnswers
A widely-followed analyst is giving a bullish outlook on the blockchain development of the Ethereum (ETH) competitor Solana (SOL).
In a new interview with Paul Barron, the pseudonymous host of InvestAnswers says that the Solana ecosystem is…
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Polygon Spinoff Avail Network Starts Phase 2 of Its Testnet
This second phase will include a more thorough testing environment to encourage validator participation.
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Swift Using Chainlink (LINK) in New Experiment With Citi, BNY Mellon, BNP Paribas and Others
Payments giant Swift is teaming up with Chainlink (LINK) and several financial giants for a blockchain interoperability settlement experiment.
According to a new announcement from Swift, the payments company says it is testing blockchain…
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