Blockchain

Cryptocurrency compliance and risk management firm TRM Labs has reportedly appointed former U.S. Treasury and Financial Crimes Enforcement Network (FinCEN) official Ari Redbord as the Labs’ head of legal and government affairs. In this role, at TRM, which is a PayPal backed firm, the official will help the platform build its risk-based anti-money laundering programs
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An official from the Russian Central Bank’s National Banking Council, Anatoly Aksakov said that Russia’s CBDC, the digital ruble, would be the “future” of all money circulation in the country, and that the CBDC will start being tested, “possibly” in 2021. This development follows an earlier announcement from the Central Bank regarding the possibility of
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 San Francisco-based software development firm O(1) Labs, that introduced a portable blockchain, Mina protocol has announced today that it has raised $10.9 million in a strategic investment round from Hong Kong-based Bixin Ventures, and Three Arrows Capital, with both firms co-leading the funding. Other participants that were involved from the Asian markets included SNZ, HashKey
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With several blockchains integrating the USDC stablecoin last week, crypto payments tech firm Circle announced today that it would now make the dollar-backed stablecoin available for the Solana blockchain, after partnering with the firm. According to Circle, Solana, the blockchain behind decentralized exchange Serum, supports up to 50,000 transactions per second (tps).  This surpasses Ethereum’s
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Sadyr Japarov, Acting President of the central Asian nation Kyrgyzstan, offered the nation’s election commission to use blockchain technology to streamline elections in the country. In an interview with Al-Jazeera, Japarov believed that only blockchain tech would make way for “fair” presidential and parliamentary elections. Until recently, the newly appointed President and Prime Minister was
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China-based public blockchain Conflux Network and the blockchain-focused artificial intelligence lab, Fetch.ai have today announced a partnership through which the blockchain platform would adopt AI and machine learning technologies to ease cross-chain interoperability and to build on the DeFi space. According to a release emailed to AMBCrypto, Fetch.ai’s integration would amp up transaction speeds for
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Cross-border payments solutions firm, Cambridge Global Payments today announced its partnership with crypto payments network Ripple, and that it would use RippleNet to expand its payment delivery system into the Asia-Pacific markets. Cambridge which is a FLEETCOR company said that it had already completed a pilot phase of the partnership which offered more “transparency and
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After European Central Bank announced that the central bank wanted to “hear the views of the public and interested stakeholders,” with regard to the Digital Euro, ECB launched a “public consultation” survey on its central bank digital currency. As mentioned earlier, the bank hoped that this “consultation” would help them understand whether European people at
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It looks like blockchain interoperability is trending again especially when several DeFi projects wanting to take advantage of Ethereum bridges to overcome high gas fees and network congestion. One such multi-chain liquidity mining, DeFi project, UniFi announced today that it has attracted several blockchain VCs like Consensus Labs, Chain Capital, and Signum Capital among others
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