Tag: Blockchain

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American Bankers Association States a CBDC Is ‘Unnecessary’ and Presents ‘Unacceptable Risks’ to the US Financial System

September 16, 2023

The American Bankers Association (ABA), an organization that represents banks custodying $18 trillion in deposits and processing $11 trillion in loans, believes that issuing a central bank digital currency (CBDC) in the U.S. is “unnecessary” and would introduce “unacceptable risks” to the financial system, given that the dollar “is already digital.” ABA Opposes Idea of…
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Astar Partners With Polygon to Target Japan’s Web3 Boom With New Scaling Solution

September 16, 2023

At the Token2049 conference in Singapore, Astar Network revealed it is joining forces with Polygon Labs to launch Astar zkEVM, a new Ethereum layer two scaling solution utilizing zero-knowledge proof technology. The collaboration aims to drive greater adoption of Web3 applications in the Japanese market and beyond. Astar and Polygon Launch zkEVM for Japan’s Web3…
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Sony Announces Joint Initiative to Create Blockchain for Spearheading Its Web3 Strategy

September 16, 2023

Sony Network Communications, part of the Sony Group, entered into a joint initiative to create a blockchain project that aims to serve as the “backbone of global Web3 infrastructure.” The new company, created with Startale Labs, a Web3 development startup, aims to provide “value-added services” in different areas. Sony Network Announces Joint Blockchain Initiative Sony…
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Worldcoin’s Tools for Humanity Claims to Have Invested Nearly $4.8 Million in Kenya

September 16, 2023

Nearly $4.8 million has been used to fund cryptocurrency and blockchain education efforts in Kenya, the CEO of Tools for Humanity, Alex Blania, recently revealed. Blania also denied allegations that Worldcoin plans to sell users’ biometric data obtained via its eyeball-scanning orbs. More Funding on the Way Tools for Humanity (TFH), the organization supporting the…
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German Blockchain Sector Sees 3% YoY Growth with $355 Million Invested in 2023: Report

September 16, 2023

According to a report published by Crypto Valley Venture Capital (CV VC), the German blockchain sector demonstrated resilience, seeing a 3% YoY increase in funding, in contrast to the global blockchain ecosystem’s downturn of over 50%…. Read More: German Blockchain Sector Sees 3% YoY Growth with $355 Million Invested in 2023: Report  Read more »Sign…
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Today in Crypto: Polygon Launches Phase 0 Towards Polygon 2.0, Ripple Opens Up Liquidity Hub to Brazil & Australia

September 15, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Polygon Launches Phase 0 Towards Polygon 2.0, Ripple Opens Up Liquidity Hub to Brazil & Australia  Read more »Sign up for e-EUR – the progressive stablecoin

NFT Fantasy Soccer Games Coming to US and Canada Courtesy of LaLiga and GameOn

September 15, 2023

Fantasy sports platform GameOn has partnered with the Spanish football league LALIGA to develop Web3 games for players in the US and Canada. GameOn announced its deal with LALIGA North America on Wednesday. According to the press release, the tech company will launch fantasy games based on real-world LALIGA players and matches. GameOn CEO Matt…
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BNB Chain Layer 2 Goes Live

September 15, 2023

BNB Chain, the Binance-backed decentralized blockchain network, has announced the launch of Opbnb, its expansion layer built using the Optimism OP stack. The new network allows users to enjoy low-fee transactions in a high-throughput, high-speed transactional layer optimized for interactive applications such as games, with the BNB Chain chain serving as a settlement layer. …
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Lazarus Group Suspected in $54M Coinex Hack Following Recent Stake.com Breach

September 13, 2023

The North Korean hacking syndicate Lazarus Group was likely behind the recent Coinex hack on Tuesday, according to onchain analyst Zachxbt. He revealed that the hackers inadvertently connected the funds to the recent Stake.com breach. North Korean Hackers Potentially Net $95M in a Week On Tuesday, Coinex was hacked, losing about $54 million, which included…
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Today in Crypto: BNB Chain Developers Reveal Public Launch of opBNB’s Mainnet, Nansen Launches New AI-Powered Version, Ripple Will do 80% of Hiring This Year Outside the US

September 13, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: BNB Chain Developers Reveal Public Launch of opBNB’s Mainnet, Nansen Launches New AI-Powered Version, Ripple Will do 80% of Hiring This Year Outside the US  Read more »Sign…
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