Updates on the Bank of Canada’s (BOC) website indicate that the central bank is halting development of CBDC for retail use. Although a wholesale CBDC was not mentioned in the statement, it was stressed that research was ongoing. Since the Bank of Canada has already spent a lot of time
September 21, 2024 2 mins read
SingularityDAO, a decentralized portfolio management protocol and Cogito Finance have teamed to include Real World Assets (RWA) into their forthcoming AI-driven v2 DynaVaults, which will merge DeFi and TradFi by developing both compliant and cutting-edge onchain solutions. Tokenized RWAs from Cogito are backed 1:1 by the underlying asset and are issued as ERC-20
September 18, 2024 3 mins read
The Mythos Foundation and the FSL have announced today that they would be working together on web3 gaming and esports initiatives. In order to give users better experiences, FSL, the company behind the popular web3 lifestyle apps STEPN and STEPN GO, intends to integrate Mythos Chain into its wallet FSLID
September 18, 2024 2 mins read
With a dozen ecosystem partners in place, confidential Layer 2 COTI launched its testnet. Among the partners supporting COTI’s scalable EVM network, which intends to provide web3 users with reasonably priced privacy solutions, are MyEtherWallet (MEW) and AnChain. Partnerships from a wide range of blockchain sectors, including those focused on DeFi, AI,
September 17, 2024 2 mins read
The Tokensoft Foundation has teamed up with two significant Stacks contributors, Stacks Foundation and Bitcoin Frontier Fund, only a few weeks after launching its “LegalZoom for crypto companies.” Together, they are creating a version of Tokensoft’s distinctive product that is suited to entrepreneurs that are developing on Bitcoin. Under the terms
September 16, 2024 3 mins read
Another decline in NFT market sales occurred during the last week, with a decline of 7.91% from the prior week. Both the number of buyers and sellers saw significant drops; the former fell by 73.46 percent and the latter by 61.18 percent from the previous week. According to DappRadar statistics,
September 14, 2024 1 min read
Fhenix, a Fully Homomorphic Encryption (FHE) Layer 2 has announced the integration of Celestia as its data availability solution. Through the provision of reliable and decentralized data streams, Fhenix will facilitate the development of robust onchain apps with integrated privacy features for developers. Transaction data is accessible for download by anyone via Celestia’s modular
September 12, 2024 1 min read
The newest Guardian to join layer 3 network Orbs’ ecosystem is Animoca Brands Japan, according to the company. To ensure the continued reliability and safety of Orbs’ L3, the Japanese arm of the worldwide gaming and web3 behemoth will operate a validator node there. Animoca Brands Japan is a powerful force in
September 11, 2024 2 mins read
Following a disappointing August employment report that hinted at the US economy’s continued vulnerability to a recession, Bitcoin’s (BTC) value fell below $54,000 over the weekend. However, it has since recovered and is again trading around $56,000. Crypto equities have also seen a significant recovery, similar to the price of
September 9, 2024 2 mins read
Over the last eight days, a total of $1.2 billion has been removed from eleven different spot bitcoin exchange-traded funds (ETFs) in the US. According to Bloomberg statistics released on September 9, investors pulled about $1.2 billion out of the eleven spot Bitcoin (BTC) exchange-traded funds (ETFs) from August 30
September 9, 2024 1 min read