Uniswap Labs, a major player in the decentralized finance (DeFi) ecosystem, has launched a new Layer-2 network called Unichain, which leverages Optimism’s OP Stack technology. The network aims to provide faster, cheaper, and more liquid transactions for blockchain users, addressing some of Ethereum’s long-standing challenges. Unichain and Its Role in DeFi Unichain is designed to …
Uniswap Labs Introduces Unichain: Built on Optimism Read More »
FilterAI has officially launched early access to its highly anticipated tool, FilterGPT, offering a limited group of whitelisted users the chance to test the platform before its wider release. According to the FilterAI team, this early access period aims to gather valuable feedback and data that will help the team refine the platform and deliver …
According to an article on the Bangkok Post, Thailand is envisioning itself as a crypto hub in the coming years. It is surely possible provided strategic policies are put in place to foster development. According to the Thai Digital Asset Association, clearer regulations and increasing institutional investments are propelling the cryptocurrency market to new levels …
In a decisive vote, Ronin Validators have chosen Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to serve as the network’s official cross-chain infrastructure, enhancing the security of the Ronin Bridge. After a comprehensive three-phase selection process, Chainlink’s CCIP was selected over alternative proposals from LayerZero and Axelar. The integration of Chainlink’s CCIP will initially support bridge transfers …
Ronin Validators Select Chainlink’s CCIP as Official Cross-Chain Infrastructure Read More »
The FBI launched “Operation Token Mirrors,” an unprecedented sting operation using a fake cryptocurrency, NexFundAI, in a bid to expose fraudulent activity in the crypto market. Designed as an Ethereum-based token, NexFundAI helped law enforcement identify 18 individuals and companies involved in crypto fraud schemes, including “pump-and-dump tactics” and “wash trading”. Major firms like Gotbit, …
FBI Launches Fake Cryptocurrency Token, NexFundAi Read More »
In a major development for the payments industry, Stripe has officially announced its return to cryptocurrency, now supporting USD Coin (USDC) for transactions. This move marks Stripe’s first foray back into crypto since discontinuing Bitcoin payments in 2018, citing issues with volatility and efficiency at the time. With a 1.5% transaction fee and limits set …
Mantle, a prominent player in the crypto space, has announced the launch of the “Most Nuts Team” Buildathon, running from October 9 to November 12, 2024. The hackathon invites both aspiring and experienced builders to create innovative applications, with the opportunity to win up to $150,000 in prizes. This buildathon, supported by sponsors like Eigenlayer, …
Crypto.com has taken bold action, suing the U.S. Securities and Exchange Commission (SEC) over its broad classification of cryptocurrency transactions. This lawsuit follows a Wells notice from the SEC, which warned of potential legal action for alleged securities violations. Crypto.com argues that the SEC is overreaching by labeling most crypto transactions as securities while exempting …
Visa recently announced the launch of its Visa Tokenized Asset Platform (VTAP), a groundbreaking initiative that leverages blockchain technology to enable banks and financial institutions to issue and manage fiat-backed tokens such as stablecoins and Central Bank Digital Currencies (CBDCs). This platform is poised to revolutionize financial transactions by bridging traditional fiat currencies with blockchain …
VTAP: Visa Introduces Platform for Fiat-Backed Digital Tokens Read More »
In an exciting development for the Realio Network, $LMX has been officially introduced as the latest Real-World Asset (RWA) staking token. This addition, enabled by the passing of Proposals #7 and #10 by Network validators, marks a significant step in the evolution of the platform’s multistaking capabilities. $LMX, which provides tokenized access to Bitcoin mining, …
Realio Network Expands Staking Ecosystem with $LMX Integration Read More »
