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Blockchain
Moonpay and Upbit Parent Dunamu Take Aim at Global Finance
Moonpay and Dunamu—the parent company of Upbit, South Korea’s largest cryptocurrency exchange by trading volume and the world’s third-largest by volume—announced a strategic collaboration on Wednesday. The companies plan to…
Blockchain.com Brings $5 Crypto Options With a 7-Day Catch
Blockchain.com launched cryptocurrency options trading on Tuesday, allowing eligible users to wager on price movements across seven digital assets with premiums starting at just $5. The simplified contracts expire within one week and cap…
Sophon Set to Pull Plug on Layer 2 Network After $70M Funding Push
Sophon Chain is officially winding down its standalone Ethereum Layer 2 network, with the final mainnet shutdown scheduled for Nov. 30. Any assets left onchain past Nov. 25 risk becoming permanently inaccessible. Urgent Action Required for…
XRP Ledger Nears Oct. 23 Upgrade as Lending Votes Fall Short
The XRP Ledger is heading toward an Oct. 23 software upgrade that fixes a peculiar security flaw, one that could let certain authorized accounts create tokens instead of destroying them. Meanwhile, its long-awaited native lending system…
Dow Jones Indices, DRW and Marex Bring Wall Street Swaps to Canton
S&P Dow Jones Indices, Kaiko, and Derivnex have completed what they describe as the first privately negotiated financial swap on Canton Network, a blockchain designed for large financial institutions. Trading firms DRW and Marex…
IMF Warns $65 Billion Tokenization Market Has a Dangerous Catch
Tokenized assets have climbed to $65 billion, but the technology promising to make Wall Street faster and cheaper carries an uncomfortable twist. The same instant settlement, automated trading and interconnected markets that eliminate…
Ontology Halts L1 Blockchain for 41 Hours Over an Unknown Threat
Ontology pulled the emergency brake on its blockchain for nearly two days, freezing block production after a security warning involving an unnamed ecosystem project. By Monday, Oct. 12, the network was running again, with operators…
Chinese Communist Party Calls for a National Blockchain Network
The Central Committee of the Chinese Communist Party (CCP) has called for the creation of a national blockchain network to foster a deeper integration of the country’s real and digital economies. The proposal follows earlier programs…
Pudgy Penguins Team to Shutter Ethereum Layer 2 Network Abstract
Another Ethereum Layer 2 chain bites the dust: Just days after the creators of the once-hyped Blast said they’re shutting down the scaler, Abstract is about to follow suit. On Tuesday, Igloo Inc.—the company behind the crypto-native Pudgy…
Quantum-Safe Quantus Launches QTC Token Trading via Near Intents
Quantum-focused blockchain Quantus has launched trading for its QTC token through near.com and Near Intents, giving users access to more than 180 assets across over 30 chains without first sending funds to a centralized exchange. …