Decentralized Exchange dYdX Launches Public Testnet on Cosmos dYdX, a decentralized exchange (DEX), has announced the launch of its public test network on Cosmos, marking a significant step towards transitioning away from its current Ethereum-based version. Users can now trade bitcoin and ethereum…
A Central Bank Digital Currency: Privacy and CBDCs A central bank digital currency (CBDC) doesn’t have to compromise privacy, according to Dea Markova. However, privacy remains a key concern for critics of CBDCs. The European Central Bank (ECB) has been exploring the possibility…
Crypto exchange 1inch tests new features with $21 million ETH sale Crypto exchange 1inch sold 11,000 ETH worth around $21 million to test out new features of a protocol upgrade. Users noticed the transfer on blockchain tracking tool Etherscan. 1inch founder Sergej Kunz…
The Rise of Storj: Doubling Market Value in a Week The decentralized cloud storage protocol, Storj, has experienced a significant increase in market value this week. Trading volumes for its native token have surged, resulting in a 43% rise on Tuesday and reaching…
Introduction The European Commission has introduced the first batch of blockchain use cases in Europe’s regulatory sandbox, bridging the regulatory gap between European nations and crypto companies. The initiative aims to foster dialogue between regulators, crypto projects, and public authorities, allowing use case…
South Africa Mandates Crypto Exchanges to Obtain Licences South Africa’s financial regulator has announced that all crypto exchanges operating in the country must obtain licences by the end of the year. Failure to comply will result in penalties, including fines or permanent closure.…
Key Points: The national ISM manufacturing survey fell to its weakest level since May 2020. The shortened U.S. holiday week means a compressed schedule of economic data that could affect inflation and interest rates, and thus cryptocurrencies. The minutes from the U.S. Federal…
The Partnership Between Choise.com and the Vienna Vikings Choise.com, a revolutionary crypto platform, has secured a sponsorship deal with the Vienna Vikings, the reigning champions of the European League of Football (ELF). This partnership aims to bridge the worlds of sport and crypto,…
Instant Cross-Border Networks and the Reality of Real-Time Payments Elon Musk and advocates of new technologies like blockchains, stablecoins, and central bank digital currency (CBDC) believe that these innovations will revolutionize cross-border payments and make them faster. However, the example of money transfer…