UAE stablecoin issuer gets nod from central bank
With Tether waiting in the wings, AED Stablecoin becomes the front-runner to launch the United Arab Emirates’ first regulated dirham-pegged token.
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CBDCs can “kill” private crypto: India’s RBI deputy governor to IMF
“One of the reasons it is so successful is because it's simple,” he added while comparing the Unified Payments Interface's (UPI) growth with blockchain technology. 104 Total views 67 Total shares In discussion with the International Monetary Fund (IMF), T Rabi Sankar, the deputy governor of the Reserve Bank of India (RBI), reflected an anti-crypto…

Social token platform Rally announces shutdown of sidechain
Rally cited a "challenging year" for the crypto industry in its decision to “begin to sunset” the platform's sidechain after Jan. 31. 598 Total views 1 Total shares Own this piece of history Collect this article as an NFTRally, a social token platform, has announced nonfungible tokens (NFTs) on its sidechain will no longer be…

Elrond Mainnet Launches Today After Testnet Hits 260,000 Transactions per Second
The Elrond mainnet is launching today with a new DeFi app and staking opportunities. 1273 Total views 22 Total shares High performance blockchain project Elrond is launching its mainnet today, July 30, along with a new DeFi app, staking and a raft of new features. Its ERD token has been on fire this month in…

Top blockchain mentors join forces to advise on ‘groundbreaking’ Solana projects
Solverse Accelerator was established to support high-potential projects building on Solana. It’s also a way to incentivize further development on the blockchain network, which has grown rapidly this year. 3590 Total views 1 Total shares Solverse, a Solana-focused accelerator program, has tapped 21 subject matter experts to advise on up-and-coming Solana projects, setting the stage…

Researcher: Satoshi Nakamoto Apparently Didn’t Mine Bitcoin for First 5 Minutes
According to the latest research from Sergio Demian Lerner, Satoshi likely restrained himself from mining Bitcoin in the first five minutes of the block interval. 2008 Total views 20 Total shares Sergio Demian Lerner, a researcher known for his work on the mining patterns of the original Bitcoin (BTC) miner whom he identified as Patoshi,…

Japanese bank Sumitomo Mitsui launches the country’s first ‘a-1’ rated security token
Sumitomo Mitsui has partnered with Securitize to launch Japan’s first security token that complies with the country’s Financial Instruments and Exchange Act. 2784 Total views 18 Total shares Japan-based bank Sumitomo Mitsui Trust Bank, or SMTB, has launched its first asset-backed securities token in partnership with Securitize on March 29. The instrument is the first…

Stellar Node Outage Causes Two-Hour Complete Transaction Freeze
Blockchain network Stellar (XLM) stopped confirming transactions for two hours on May 15, executives confirmed following a user post on social media.Stellar, whose lumens token is currently the eighth-largest cryptocurrency by market cap, went down entirely for around 110 minutes Wednesday.The cause, it appears, was a mass offlining of Stellar Development Foundation (SDF) nodes, which…

Animoca Drives into Crypto Racing Games With Latest Acquisition
The NFT and Metaverse investment firm plans to continue building out its REVV Motorsport ecosystem with a Metaverse-first approach. 428 Total views 18 Total shares Gaming and venture capital firm Animoca Brands has completed its landmark acquisition of Eden Games, publishers of the Gear.Club, Test Drive series, and other popular racing games.Eden Games is a…