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UK Finance Launches Experimental Phase for Regulated Liability Network (RLN)

UK Finance, a pivotal entity in the banking and finance sector of the United Kingdom, has initiated an experimental phase to delve into the capabilities and benefits of the UK Regulated Liability Network (RLN). This innovative phase involves a strategic partnership with eleven member organizations, aiming to unlock new possibilities in digital transactions and finance … Continue reading UK Finance Launches Experimental Phase for Regulated Liability Network (RLN)

Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests

Binance, the largest cryptocurrency exchange, has recently announced the launch of Binance Megadrop, a new token launch platform that offers a unique combination of airdrops and Web3 quests. This platform allows users to subscribe BNB to Locked Products and complete tasks in their Web3 Wallet to gain early access to rewards from selected Web3 projects … Continue reading Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests

Binance Adds APT/USDC, GALA/USDC, NEO/USDC, OMNI/BRL, and STX/USDC Trading Pairs

Binance, a leading cryptocurrency exchange, has unveiled its latest update, which introduces new trading pairs and the availability of Trading Bots services on the Binance Spot platform. This move is in line with Binance’s commitment to delivering an exceptional trading experience to its users and expanding their trading options. Effective from April 19, 2024, Binance … Continue reading Binance Adds APT/USDC, GALA/USDC, NEO/USDC, OMNI/BRL, and STX/USDC Trading Pairs

Introducing Scroll Sessions: Native zkEVM Layer 2 for Ethereum

Scroll, a prominent player in the blockchain space, has recently announced the launch of Scroll Sessions, a native zkEVM Layer 2 solution designed specifically for the Ethereum network. This innovative technology aims to address the scalability and high transaction costs associated with the Ethereum blockchain. With the rapid growth of decentralized applications (dApps) and the … Continue reading Introducing Scroll Sessions: Native zkEVM Layer 2 for Ethereum

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

What happened recently with the Libra Association? Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14. … Continue reading Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?

India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes. Earlier this year, the Bank for International Settlements (BIS) … Continue reading India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?

Exclusive: Blockchain Trilemma Solved? Secrets Revealed by Turing Award Winner's Algorand

Blockchain trilemma was initially expressed by Vitalik Buterin, founder of Ethereum, which is claimed to be unfeasible in achieving scalability, decentralization, and security simultaneously in a blockchain. There are numerous blockchain project teams attempting to address the blockchain trilemma, and the Turing Award-winning team Algorand is one promising candidate. We have the pleasure to speak … Continue reading Exclusive: Blockchain Trilemma Solved? Secrets Revealed by Turing Award Winner's Algorand

Exclusive: How to Ensure Random Numbers in Public Blockchain?

Following Part 1 of our interview, Jing Chen of Algorand further teaches our readers on how to ensure the randomness of a number in public blockchain! She also evaluates the existing Proof-of-Stake (POS) protocols: Delegated VS Bonded VS Pure POS! Regarding the white paper “Digital Signatures for Consensus” published on March 9, 2019, it states … Continue reading Exclusive: How to Ensure Random Numbers in Public Blockchain?

US Senator Sherrod Brown: Facebook is delusional

“Mark Zuckerberg said that Facebook is more like a government than a company. That’s delusional.” US Senator Sherrod Brown said in a video tweet by NowThis News. The video was released a few hours after Facebook’s hearing with the Senate Banking Committee. In the video, Brown added “We have to protect our democracy. We should … Continue reading US Senator Sherrod Brown: Facebook is delusional

What are the 7 Key Takeaways from Facebook's Libra Hearings?

The debate on Facebook’s Libra continues with the hearing with the Senate Banking Committee (“Senate hearing”) on 16 July and the United States House Committee of Financial Services (“House hearing”) on 17 July. Here are the 7 key takeaways from the two hearings. Libra is centralized Regulators believed that the composition of the Libra Association … Continue reading What are the 7 Key Takeaways from Facebook's Libra Hearings?