SBI Holdings and TradeFinex will look to drive trade finance adoption of the Ethereum Virtual Machine-compatible enterprise blockchain XDC Network through a new joint venture in Japan. United Arab Emirates-based firm TradeFinex operates its own decentralized platform on the XDC Network for trade finance originators to connect to a variety of banks and lending institutions. Aimed
Cryptocurrency
Polygon Labs announced on Sep. 29 that Google Cloud has joined the Polygon PoS network as a validator. Google Cloud joins more than 100 other validators verifying transactions on its L2 Ethereum network. This month, @GoogleCloud became part of the decentralized validator set for Polygon PoS. The same infrastructure used to power @YouTube and @gmail
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi was dominated by developments in some of the OG DeFi protocols, with Uniswap Foundation announcing plans to raise $62 million in new
Terraform Labs co-founder Do Kwon has contested the significance of exposed Slack messages presented as evidence. The chat involved discussing manipulating transactions to attract investors with co-founder Daniel Shin. The United States Securities and Exchange Commission (SEC) included the Slack conversation between the co-founders, which dates back to September 2019, in a recent court filing
Venture capital firm Paradigm has criticized the United States Securities and Exchange Commission (SEC) for bypassing the standard rulemaking procedures in its current legal action against the cryptocurrency exchange Binance. In a statement released on Friday, Sept. 29, Paradigm stated the SEC is attempting to use the allegations in its complaint to alter the law
Data stored within these digital wallets grants citizens the power to oversee the distribution of their credentials. Both the Argentine government and the city of Buenos Aires view this digital identity framework as a public good. Buenos Aires, the capital city of Argentina, embarked on a journey to merge its administrative processes with cutting-edge blockchain
A bill aimed at regulating certain internet services in the United Kingdom, including activities in the metaverse, has passed through Parliament and awaits King Charles’ approval to become law. In a Sept. 19 announcement, the U.K. government said the Online Safety Bill had passed through a final debate in Parliament and will become law in
Legal frameworks ensuring user privacy and the freedom to choose between central bank digital currencies (CBDCs) and other forms of money will be key in driving CBDC adoption, according to the head of the Bank of International Settlements. Speaking at the BIS Innovation Hub conference in Switzerland on Sept. 27, BIS general manager Agustín Carstens
In the latest Cointelegraph Report, we sought to find out the real value AI brings to the crypto industry beyond the hype surrounding the technology. To do so, we looked into three main areas where AI is impacting crypto: trading, data analytics, and user experience. For many years, trading bots have allowed users to execute
Hong Kong crypto exchange Hashkey, the first to receive a retail crypto license in the Special Administrative Region (SAR), will open Avalanche (AVAX) trading on its platform. However, there is a catch. According to the September 27 announcement, only professional investors, or individuals possessing an investment portfolio with a value exceeding 8 million Hong Kong
IBM Quantum and Microsoft have formed a coalition to tackle post-quantum cryptography alongside not-for-profit research tank MITRE, U.K.-based cryptography firm PQShield, Google sibling company SandboxAQ, and the University of Waterloo. We’re proud to be a part of a new community of cybersecurity organizations to accelerate adoption of post-quantum cryptography in commercial & open-source technologies. Learn
Decentralized exchange (DEX) Uniswap is seeking an on-chain vote to approve the second tranche of the $74 million funding for its developer Uniswap Foundation. According to the September 27 announcement, the second tranche of funding, with a buffer of 10% for price volatility, is worth an estimated $62 million and will be decided via an
Akashnath S Journalist Posted: September 27, 2023 Share this article Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion DOGE slipped below $0.063, a support level that stretched back to March Failure to defend the bullish OB from June could send DOGE tumbling
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In a recent X-thread (formerly Twitter) on Bitcoin’s environmental, social and governance (ESG) impact, Daniel Batten, a leading BTC environmentalist and co-founder of CH4 Capital, presented a compelling case for the cryptocurrency. With the help of four distinctive charts, Batten highlighted Bitcoin’s sustainability compared to other major industries. “4 charts, 4 tweets, 4 reasons Bitcoin
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