BNB Chain will enable native liquid staking on BSC
The BNB Chain core development team said the move aims to streamline the network and improve efficiency.
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Overstock expanding blockchain arm tZero in Ireland
The Emerald Isle is now a hotspot for talent in tech and a corporate tax haven. 705 Total views 18 Total shares United States’ retail giant Overstock is reportedly expanding its blockchain wing tZero with new hires in Ireland.The Utah-based e-commerce company is seeking to hire software and devops engineers to work on its blockchain…
Waves DEX Shuts Down and Relaunches as Hybrid Cryptocurrency Exchange
Decentralized exchange (DEX) Waves DEX shut down to resume operations as a hybrid exchange, Waves announced in a press release shared with Cointelegraph on Dec. 2.Per the release, the exchange has already ceased operations on the old domain and the process of moving its activities to Waves.Exchange has already started. The company announced:“From this point…
PayPal crypto services to go global early 2021, support for CBDCs coming
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Lightning Labs launches rebranded ‘Taro’ amid Bitcoin’s BRC-20 bottleneck
Lightning Labs have unveiled a new solution to the clunky process for minting new assets on the Bitcoin network. 414 Total views 2 Total shares Bitcoin (BTC) users have been given a possibly more efficient way to mint new assets on the blockchain aft an updated edition of the recently-rebranded Taproot Assets Protocol was released…
QuadrigaCX CEO Used Personal Money to Fund Exchange During Litigation With Bank in 2018
The late founder of Canadian crypto exchange QuadrigaCX, Gerry Cotten, was purportedly funding the exchange with his own money while it was in litigation with a major Canadian bank. Cotten’s widow Jennifer Robertson revealed details about the exchange’s financial situation in a statement published on March 13.The statement reads that Cotten was putting his own…
State-backed digital currencies can disrupt financial systems: Report
While CBDCs could help central banks address the decline in cash payments, some risk factors remain. 3860 Total views 17 Total shares Central bank digital currencies, or CBDCs, could pose a threat to financial systems if related risks are not managed, Big Three credit agency Fitch Ratings has warned.Fitch Ratings released a report on Monday entitled…
European Commission aims for universal acceptance with digital euro proposal
With this move, the European Commission aims to open up the payments market controlled by banks, Visa and Mastercard. On June 28, the European Commission announced it had proposed a legislative plan for a digital euro, aiming to make it a widely accepted and easily accessible form of payment.The announcement emphasized that allowing individuals to obtain…