Swift, BNY Mellon, and Deutsche Bank are collaborating on a project to improve commercial efficiency by digitizing freight invoices using blockchain technology. The initiative aims to reduce fraud and costs associated with paper-based invoices. As part of this effort, BNY Mellon and Deutsche Bank recently participated in a trial led by Swift, focusing on the […]
German development bank KfW is set to introduce a tokenized bond by 2024, following the successful issuance of a €20 million digital bond. This milestone was achieved through the use of Deutsche Börse’s Clearstream platform, which utilizes a centralized data storage system on its D7 platform.The upcoming tokenized bond falls under the German regulation on […]
Liquidium, a startup in the lending sector of Bitcoin, has successfully raised $1.25 million in pre-seed funding. This funding round is a significant milestone for the company as it aims to pioneer a new lending framework using Bitcoin’s ordinal technology.The funding round received support from prominent investors such as Bitcoin Frontier Fund, Side Door Ventures, […]
In a groundbreaking move in the world of decentralized finance (DeFi), the Jito protocol on the Solana blockchain has launched an airdrop that is revolutionizing the DeFi landscape. The JTO token, which debuted at a price of $6.01, has garnered significant attention and value, despite experiencing an initial drop. What sets this airdrop apart is […]
In a groundbreaking move in the world of decentralized finance (DeFi), the Jito protocol on the Solana blockchain has launched an airdrop that is revolutionizing the DeFi landscape. The JTO token, which debuted at a price of $6.01, has garnered significant attention and value, despite experiencing an initial drop. What sets this airdrop apart is […]
LayerZero, a blockchain interoperability protocol, has announced plans to launch its native token in the first half of 2024. The protocol, known for its innovative technology, will reward users through an airdrop, generating renewed interest in its ecosystem projects. The registration for the token’s distribution is now open until December 15th, with the distribution amount […]
LayerZero, a blockchain interoperability protocol, has announced plans to launch its native token in the first half of 2024. The protocol, known for its innovative technology, will reward users through an airdrop, generating renewed interest in its ecosystem projects. The registration for the token’s distribution is now open until December 15th, with the distribution amount […]
BBVA Switzerland, the Swiss branch of a major Spanish bank, has announced its partnership with Ripple-owned tech firm Metaco. The bank will be using Metaco’s Harmonize platform for its cryptocurrency custody operations with institutional investors. This move comes after BBVA has been providing custody services for Bitcoin and Ether since 2021.The migration to Harmonize will […]
BBVA Switzerland, the Swiss branch of a major Spanish bank, has announced its partnership with Ripple-owned tech firm Metaco. The bank will be using Metaco’s Harmonize platform for its cryptocurrency custody operations with institutional investors. This move comes after BBVA has been providing custody services for Bitcoin and Ether since 2021.The migration to Harmonize will […]
Uphold, a crypto platform, has announced the beta launch of its self-custody wallet called Vault. This wallet aims to simplify the secure storage of digital assets while offering users the convenience of centralized financial applications and the on-chain security of complete self-custody. Uphold CEO, Simon McLoughlin, stated that the goal is to redefine self-custody for […]
