Radix Babylon Mainnet Upgrade Celebrated as Game-Changer for Web 3.0 and DeFi

Radix, a decentralized ledger platform, has celebrated the successful completion of its long-anticipated Babylon Mainnet upgrade. This upgrade marks the end of the Olympia era and is seen as a game-changing moment for Web 3.0 and the wider DeFi space. The Babylon upgrade brings with it five new products, including the Radix Mobile Wallet, Radix […]

Supra Unlocks Real Potential of Cross-Chain Liquidity with Oracle Solution and Web3 Performance Advancements

Supra is building an interoperability infrastructure to provide Web3 capabilities that traditional blockchain designs lack. It enables a shared security paradigm across a variety of oracle services, including securing external data on-chain, cross-chain consensus via their bridgeless HyperNova, automation, VRF, and more. It is positioned to set the gold standard as Web3’s first intralayer solution, […]

IOTA Unveils ShimmerEVM, Bridging Ethereum and IOTA Networks

IOTA has unveiled ShimmerEVM, a groundbreaking update that bridges the gap between Ethereum applications and the IOTA network. This integration allows assets to be transferred between EVM (Ethereum Virtual Machine) chains and the Shimmer network without the need for bridges, which have proven to be vulnerable in the past. The native token SMR ensures smooth […]

Coinbase Gains Regulatory Approval for Global Expansion

Coinbase, a leading cryptocurrency platform, has been granted regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures trading services to retail customers outside the United States. This move marks a strategic step towards Coinbase’s global expansion in the cryptocurrency market.The global futures market is a key component of the crypto industry, accounting […]

DLT Earth Launches Global ReFi Grant Program to Enhance Climate Market Transparency

DLT Earth, a global grant program spearheaded by the DLT Science Foundation (DSF) in partnership with The HBAR Foundation Sustainable Impact Fund, ALLCOT, and Envision Blockchain, has launched with the aim of fortifying the reporting and methodologies used to track and mitigate climate change. The initiative will focus on digitizing sustainability methodologies, formulating policies to […]

Congress Urges SEC to Approve Bitcoin Spot ETF

Lawmakers have recently sent a letter to the U.S. Securities and Exchange Commission (SEC) urging the regulator to hasten the approval of Bitcoin Exchange Traded Products (ETPs). The letter was signed by congress representatives Mike Flood, Tom Emmer, Ritchie Torres, and Wiley Nickel. The lawmakers acknowledged the significance that approval would hold in the market, […]

EU’s MiCA Regulation Spurs Institutional Crypto Adoption and NFT-Styled Debit Cards in Europe

The Blockchain Expo in Amsterdam has highlighted the potential of the cryptocurrency ecosystem in Europe, with prominent speakers discussing the importance of progressive regulation and the use of blockchain technology to power innovative products and solutions. Regulatory matters remain a key focus, with the European Union’s Markets in Crypto-Assets (MiCA) regulation seen as a positive […]

Stablecoin USDRIF Launched on Rootstock to Tackle Real-World Problems

A new stablecoin pegged to the US Dollar, RIF US Dollar (USDRIF), has been launched on Rootstock, the blockchain network that brings smart contract functionality to Bitcoin. USDRIF has been designed to tackle real problems faced by people in countries across the world such as hyperinflation, local currency volatility and the high cost of sending […]

Sam Bankman-Fried Fraud Trial: Political Donations, Token Manipulation, and Drug Use Alleged

Sam Bankman-Fried, the founder of FTX, is set to face a fraud trial on October 3. U.S. District Judge Lewis Kaplan has issued a 16-page pretrial order that outlines the boundaries of admissible evidence for the trial. Judge Kaplan has allowed prosecutors to introduce evidence related to Bankman-Fried’s political contributions, which could provide insight into […]