Browsing Category
Blockchain
56% of Fortune 500 Firms Pursue Onchain Projects: Coinbase
A majority of Fortune 500 firms are now developing onchain initiatives, with blockchain adoption also gaining momentum among small and midsize businesses, according to new data published by Coinbase. Blockchain Adoption Is Rising, According…
Franklin Templeton Debuts Second-by-Second ‘Intraday Yield’ on Blockchain Platform
Franklin Templeton has introduced a blockchain-based feature that calculates and distributes investment yield proportionally by the second when tokenized securities change hands. Franklin Templeton Aims to Set New Standard With…
Visa, Fidelity, China AMC Pilot Chainlink-Powered CBDC-Stablecoin Swap
Chainlink’s blockchain protocol facilitated a simulated exchange between Hong Kong’s prototype central bank digital currency (CBDC) and an Australian dollar stablecoin in Phase 2 of the e-HKD+ Pilot Programme. Chainlink Enables Direct e-HKD…
Bitcoin Core Reinforces Stance on Nonfinancial Transactions in Recent Statement
Bitcoin Core, the leading Bitcoin node software implementation, has published a statement on its policy regarding nonfinancial transactions. Over 30 collaborators signed the document, which highlights that, as a censorship-resistant system,…
Tether Brings Gold-Backed Omnichain Token XAUt0 to TON Blockchain
Tether has launched XAUt0, an omnichain version of its gold-backed token, on the TON blockchain. This strategic move enhances gold token mobility across blockchains and strengthens TON’s ecosystem amid surging demand for digital…
NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche
Based on the most recent figures, non-fungible tokens (NFTs) generated approximately $474 million in sales throughout May, marking a 21.25% decline compared to April’s total. NFT Market Declines in May NFT sales maintained their downward…
Cetus Protocol’s $223 Million Hack Puts Sui’s Decentralization in the Spotlight
While some of Cetus Protocol’s funds exited the Sui network via bridges to Ethereum, $162 million remains frozen in the network due to the joint action of validators. The actions stemming from this hack have affected the crypto…
Stacks Resumes Block Production Amid Warnings of ‘Occasional Degradation’
Bitcoin Layer 2 blockchain solution Stacks announced on May 24 the resumption of block production after resolving issues related to “misbehavior stemming from the stacks-node’s mempool syncing logic.” Stacks Warns of…
Wall Street 2.0: Tokenized Treasuries Top $7B as Blackrock’s BUIDL Nears $3B
Tokenized U.S. Treasury bonds have officially surpassed $7 billion in aggregate value, gaining an additional $54 million over the course of the past week. Several top-tier funds have been accelerating in growth, delivering double-digit…
Bitcoin’s ‘Existential’ Challenge: Core Developer Warns of a New Era of Internal Struggles
Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo. In a recent blog post, Corallo examines the ongoing struggles within the Bitcoin community that could determine the…