BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
Stripe Unveils Platform Letting Firms Create Custom Stablecoins
Stripe's "Open Issuance" allows companies to create dollar-pegged stablecoins, using new technology to simplify the issuance process. It provides token management and compliance tools across various blockchains, targeting Fortune 500 companies and competing with Tether and USDC.
Ethereum's Fusaka Upgrade Nears Completion with Testnet Launch
Ethereum's Fusaka upgrade is set to launch its first testnet, marking a significant step towards its mainnet release. The upgrade promises enhancements in scalability and security.
Swift Partners with Chainlink for Blockchain Fund Processing
The financial services industry witnessed a seismic shift today as Swift, the global banking messaging network that processes over $5 trillion in daily transactions, announced a groundbreaking integration with Chainlink to enable traditional funds to execute transactions directly on blockchain networks.
Congressional Republicans Target Former SEC Chief's Lost Messages
A bombshell congressional investigation has erupted over nearly a year of mysteriously vanished text messages from former Securities and Exchange Commis...
Ripple's Tech Chief Transitions to Board Role After 13 Years
A seismic shift is underway at one of cryptocurrency's most influential companies as Ripple Labs' Chief Technology Officer David Schwartz announced his ...
SEC, CFTC Chiefs Quash Merger Speculation, Combat Market Anxiety
The nation's top financial regulators delivered a resounding rejection of consolidation rumors Monday, as Securities and Exchange Commission Chair Paul Atkins and acting Commodity Futures Trading Commission Chair Caroline Pham sought to calm mounting speculation about a potential agency merger that has rattled cryptocurrency markets for weeks.
KEYWORDS
Japanese investment firm Metaplanet has become one of the largest corporate Bitcoin holders by acquiring 5,268 BTC for $623 million, raising its total to 30,823 BTC worth about $3.6 billion.
EigenCloud Introduces Verifiable AI Solutions with EigenAI and EigenCompute
EigenCloud launches EigenAI and EigenCompute on mainnet alpha, promising verifiable AI infrastructure to address AI's trust issues and provide cryptoeconomic incentives.
Lead Bank Enhances Compliance with Blockchain Solutions
Lead Bank partners with Chainalysis to revolutionize its compliance framework using advanced blockchain solutions, enhancing risk management and regulatory adherence in the digital finance arena.
Cronos (CRO) Partners with AWS to Enhance Institutional Tokenization Efforts
Cronos (CRO) collaborates with AWS to facilitate the institutional adoption of tokenization and real-world assets, offering developers enhanced access to blockchain data and AI tools.