Ondo's USDY yield coin expands to Arbitrum

Celo is the latest blockchain network to strive for interoperability, with Chorus One receiving a grant to build a bridge between Cosmos and Celo. 1065 Total views 3 Total shares Celo has awarded a grant to staking service provider Chorus One to build a bridge facilitating interoperability between the Cosmos and Celo networks.The proof-based bridge…

South Korea’s crypto tax law continues to face significant opposition from cryptocurrency proponents in the county. 3402 Total views 21 Total shares Kim Boo-kyum, recently nominated as Prime Minister by South Korea’s President Moon Jae-in, has said he will look into the country’s crypto tax law.According to a report by KBS World, the Prime Minister…

Major European financial regulator, Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), has spotted another unregistered crypto company.The firm, Crypto Bull, operating under the url crypto-bull.io, claims to be based in Luxembourg while it does not have permission to provide crypto services in the country, the CSSF announced on Jan. 31.The warning notice reads:“The CSSF…

Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency, the Petro (PTR) at all of its branches, the country’s Finance Ministry tweeted on July 4.According to the tweet, Maduro gave “the express order to open Petro desks in all the branches of the Bank of Venezuela.” The…

Zurich-based Dfinity Foundation has announced a fund worth CHF 200 million, or around $223 million, to support development on the Internet Computer — a blockchain-based decentralized network with wildly ambitious plans to one day “replace” much of the internet. The non-profit scientific research organization announced “The Developer Ecosystem Program” on May 26, and is now…

The market for tokenized real-world assets (RWAs) is growing by the day, but contrary to belief, the biggest hurdle to broader adoption isn’t regulation, but a lack of dedicated secondary markets for buying and selling tokenized securities, according to Prometheum founder and co-CEO Aaron Kaplan.  In an interview with Cointelegraph, Kaplan drew attention to ARK

Iconic American boxer Mike Tyson is spearheading a new blockchain-powered cross-entertainment platform for a new generation of fighters.On Aug. 13, VentureBeat reported that the new venture — dubbed “Fight to Fame” — will use blockchain technology to underpin a new, multi-pronged platform that aims to catapult aspiring fighters to success via social media, reality TV,…

Now that Ether's (ETH) price broke the $2,000 level, hitting all-time highs this week, traders became excessively bullish and are expecting more upside in the short-term. Some analysts believe Visa's initial USD Coin (USDC) stablecoin transaction settlement on the Ethereum network kicked off the most recent rally. Others attribute the current Ether hike to a "triangle market structure"…

During the frenzied bull run, transaction fees were running rampant. Over on the Ethereum blockchain, they hit eye-watering highs of $196.638 back in May — rendering the network unusable for most everyday consumers.The Bitcoin blockchain suffered from a similar issue the year before, accelerating to a record-breaking $300.331. When demand is high, it's easy for…