Canto, a layer-1 blockchain initially focused on decentralized finance (DeFi), is migrating to a zero-knowledge Layer 2 solution on Ethereum using Polygon Chain Development Kit (CDK). This move is part of Canto’s plans to build a blockchain dedicated to real-world assets. The development comes amidst a significant shift in the Ethereum layer-2 space.Canto, which was […]
Citigroup, a financial services and banking giant, has reportedly launched a private blockchain for its clients. The product, called Citi Token Services, is designed to tokenize client deposits and improve cash management and trade-finance capabilities. According to Citigroup’s global head of services, Shahmir Khaliq, the development of Citi Token Services is part of the company’s […]
Citigroup Inc. has announced the launch of a new pilot program, Citi Token Services, that will allow institutional clients to use blockchain technology and smart contracts for cross-border payments and trade finance transactions. The service will give Citi’s institutional customers access to the bank’s private blockchain network from their existing accounts without needing to create […]
PayPal’s venture into the digital currency market has the potential to initiate groundbreaking innovations in crypto services, from hosting crypto wallets to providing advanced trading tools. As PayPal navigates through the complex terrain of regulatory compliance, it paves the path for other fintech companies to follow suit, promoting widespread acceptance of digital currencies in everyday […]
German financial giant Deutsche Bank has announced a global partnership with Swiss startup Taurus to provide digital asset custody and tokenization services for its clients. The bank, which has total assets of over $1.4 trillion, will use Taurus’ technology to manage cryptocurrencies, tokenized assets, and digital currencies. Taurus co-founder Lamine Brahimi said the partnership is […]
Visa, a global financial services giant, has recently embraced Solana (SOL), a blockchain-based altcoin, due to its standout qualities in payments. Solana stands out from Bitcoin and Ethereum with its low and consistently predictable transaction fees, often below the $0.001 mark. It also boasts impressive transaction processing capabilities and a resilient node infrastructure.Visa has extended […]
InQubeta ($QUBE) and Shiba Inu ($SHIB) are two of the most talked-about projects in the cryptocurrency space. InQubeta is a unique investment model that seeks to revolutionize the way AI startups are funded and supported, with the goal of becoming one of the top 50 cryptocurrencies by 2024. The project’s innovative investment approach has garnered […]
Neutron and Axelar have been selected by Lido, the leading liquid staking provider, as the preferred technology bridging partners to launch Lido’s wrapped liquid staked ETH (wstETH) on Cosmos. The collaboration aims to enhance cross-chain interoperability and support the expansion of wstETH and other assets in the Cosmos ecosystem. Neutron and Axelar have each committed […]
Premia Blue, the first-of-its-kind DeFi options exchange, is now live on Arbitrum. It is designed for traders and liquidity providers of all experience levels, offering unparalleled capital efficiency, user functionality, and composability in the DeFi space. Traders can access fully customizable European-style crypto options with market-driven pricing and dual trading modes—AMM and Orderbook. Liquidity providers […]
Premia Blue, the first-of-its-kind DeFi options exchange, is now live on Arbitrum. It is designed for traders and liquidity providers of all experience levels, offering unparalleled capital efficiency, user functionality, and composability in the DeFi space. Traders can access fully customizable European-style crypto options with market-driven pricing and dual trading modes—AMM and Orderbook. Liquidity providers […]
