Archived Posts

In a recent court case in Hong Kong, the question of whether cryptocurrencies can be considered property and held in trust has been officially answered. The case, Re Gatecoin Ltd HKCFI 914, involved Gatecoin, a Hong Kong company that operated a cryptocurrency exchange platform. During its liquidation process, the court-appointed liquidators sought clarification on   Read more...

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) disclosed that SWIFT and blockchain data provider Chainlink would be conducting a trial to explore the utilization of SWIFT’s current infrastructure for transferring tokenized assets across both public and private blockchain networks. SWIFT and Chainlink are utilized by a number of prominent financial institutions, including Citi, BNY   Read more...

The Bedrock upgrade of Optimism, a scaling solution for Ethereum’s layer 2, has been successfully implemented, thereby advancing the blockchain’s goal of transforming into a “Superchain” composed of numerous interconnected mini-blockchains. According to Karl Floersch, the CEO and co-founder of OP Labs, the organization in charge of the blockchain, this represents a significant advancement for   Read more...

The digital landscape is constantly evolving, pushing the boundaries of technological innovation. In this dynamic era, Stem Metaverse, co-founded by Ritika Amit Kumar, is leading the charge by harnessing the power of blockchain technology to ensure the security, ownership, and authenticity of digital assets.Stem Metaverse recognizes the growing importance of the metaverse, a virtual space   Read more...

æLabs, a team of contributors to the æternity blockchain, which is an open-source smart contract platform combining the strengths of PoW and PoS for improved security and scalability, is delighted to announce the launch of the next-generation blockchain explorer for the æternity blockchain: æScan. This latest addition to the æternity ecosystem introduces a fresh approach   Read more...

The successful conclusion of the Proof-of-Concept (PoC) phase for Project Eden has been announced by the Tel Aviv Stock Exchange (TASE) and the Israeli Ministry of Finance (MOF). Project Eden is a blockchain-based digital bond system that has been developed as part of the Israeli government’s initiative to modernize the country’s financial markets. The initiative,   Read more...

Dubai Multi Commodities Centre (DMCC), the free zone and Government of Dubai Authority for commodity trade and business, has entered into a partnership with Bybit, a global cryptocurrency company. As part of this collaboration, Bybit will contribute Dhs500,000 in financial support to assist new crypto ventures in establishing themselves within the DMCC Crypto Centre, the   Read more...

In a recent collaboration, SushiSwap, a well-known decentralized exchange platform, has partnered with ThunderCore, a prominent Layer-1 blockchain network, with the aim of driving innovation within the gaming sector in the Web3 world. This strategic integration seeks to empower liquidity providers (LPs) by offering them the ability to anticipate enhanced Annual Percentage Rates (APRs). SushiSwap   Read more...

Archax, a digital assets company, is set to launch prototypes of digital versions of FTSE100 shares and UK government bonds on the blockchain. This development will enable investors to trade these assets in the near future. The pilot of the London-based company, which has received funding from the asset management giant Abrdn, is scheduled to   Read more...