Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital and traditional assets, addressing the challenges of disconnected platforms. The trials build on successful blockchain experiments, seeking…
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The Dubai Multi Commodities Centre (DMCC) Crypto Centre and the Swiss early-stage blockchain venture capital firm CVVC have partnered to support the Web3 ecosystems in Dubai and Switzerland. The partnership aims to foster collaboration, knowledge sharing, and innovation in blockchain technology. Both organizations believe this collaboration will accelerate Web3 adoption and drive business innovation globally.…
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Paypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD). This milestone highlights the role digital currencies can play in streamlining cross-border transactions, with Paypal partnering with Ernst & Young LLP. Paypal Completes First PYUSD Stablecoin Business Transaction Paypal Holdings Inc. has completed its first…
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Just recently, reports surfaced about an upcoming HBO documentary titled “Money Electric,” which promises to unmask the true identity of Bitcoin’s elusive creator, Satoshi Nakamoto. Over on Polymarket, bettors are wagering on who the film might unveil, and currently, Len Sassaman leads the pack as the most likely contender. Intrigued by this, we turned to…
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Hashkey Capital, one of Asia’s largest venture capital firms specializing in Web3 and cryptocurrency, has released its sector analysis for the first half of 2024. The report covers significant technological advancements across multiple blockchain sectors, with a strong focus on Ethereum, account abstraction, and developments in decentralized finance (defi). Hashkey Capital’s Report Warns of Block…
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Aptos (APT) soared over 10% in the last 24 hours following Aptos Labs’ acquisition of HashPallete. The token is leading the market after becoming the largest gainer among the top 100 cryptocurrencies by market capitalization. Aptos To Expand Its Presence In Asia On Thursday, Aptos Labs, the developer of the Aptos network, announced it had…
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In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest DAO treasury despite the decline. Decentralized Autonomous Organizations…
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Ripple is expanding its digital payments service in Brazil, partnering with Mercado Bitcoin to offer faster, cheaper cross-border transactions. This move positions Ripple Payments as a key player in the region’s crypto landscape, helping businesses move funds 24/7. With plans to streamline treasury operations between Brazil and Portugal, the service also aims to benefit corporate…
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Polymarket hit new milestones in September, with trading volume climbing to $533.51 million, exceeding August’s $472 million. The blockchain-based predictions platform also saw a rise in active users, reaching 90,037, up 26,421 from the prior month. Polymarket Booms Ahead of U.S. Election: $533M in Volume, 90K Users in September With 33 days until the 2024…
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A social media post by an X account named “Wicked” presents claims that Satoshi Nakamoto may have conducted 51% attacks on the Bitcoin blockchain in May 2009. Wicked speculated that Satoshi likely tested these attacks early on to understand their potential impact on the network. Claims Surface Suggesting Satoshi Nakamoto Tested 51% Attacks on Bitcoin…
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