At a session titled “Digital Rupee: A Way Forward.” Executive director of the Reserve Bank of India Ajay Kumar Choudhary said that adopting digital currency will greatly improve system operating efficiency and advance financial inclusion. Furthermore, Choudhary argues that transitioning to a digital rupee will provide new levels of stability.
December 23, 2022 1 min read
The Japan Blockchain Association’s 4th annual Blockchain Award presented the Product of the Year award to Astar Network, the multichain smart contract platform. At the same event, Sota Watanabe, the founder, and CEO of Astar Network, received Person of the Year for a second straight year. In a survey conducted
December 23, 2022 1 min read
The layer-3 blockchain infrastructure solution Orbs’ dTWAP advanced trading order feature is integrating into the SpiritSwap decentralized finance (DeFi) platform. After a thorough examination and due diligence procedure by the SpiritSwap team. Swap and limit orders now support the majority of DEX-AMMs. After this integration, SpiritSwap will be the first
December 22, 2022 2 mins read
Paxful, a cryptocurrency marketplace, said on Wednesday that it has removed Ethereum from its platform. Problems with the security of the blockchain network were mentioned by the firm. The CEO of the firm, Ray Youssef, has said that the move to delist ETH would have direct consequences for the platform.
December 21, 2022 1 min read
BlockFi, a defunct cryptocurrency lender, has filed a motion with the U.S. Bankruptcy Court seeking permission to release its customers’ cryptocurrency holdings in BlockFi Wallet Accounts. Withdrawals and transfers from BlockFi Interest Accounts will not be affected by this request, since they are currently suspended. The lender, which filed for
December 20, 2022 2 mins read
Authorities in South Korea and elsewhere continue to look for Do Kwon, the controversial creator of Terraform Labs. South Korean authorities have allegedly stated that Terra’s founder was seen in Serbia. After departing Singapore a while ago, as was reported earlier this month. According to The Korea Economics Daily, South
December 20, 2022 1 min read
DeFi protocol Fluidity has said it will launch on the Ethereum mainnet on December 19. The Fluid-wrapped asset on-chain transaction incentive layer, which pays users for swapping, trading, or carrying out any on-chain transaction, will first be made available on Ethereum, with Solana, Arbitrum, and Polygon to follow. Fluidity is
December 19, 2022 2 mins read
One of the original Proof of Stake blockchains, Tezos, has activated “Lima,” the 12th protocol upgrade that was chosen and accepted by the Tezos community. The new version increases throughput, adds a functionality that validators have been clamoring for, and lessens the possibility of smart contracts having problems. Due to
December 19, 2022 4 mins read
Blockchain of Sber, the biggest bank in Russia and one of the largest in the world will be technically compatible with Ethereum, the biggest decentralized finance (DeFi) ecosystem in the world. The bank made the news during a global conference attended by blockchain industry leaders. The bank said at the
December 19, 2022 2 mins read
According to Binance’s Director of Governmental Relations in the Commonwealth of Independent States (CIS), Olga Goncharova, Binance is willing to assist the Central Bank of Azerbaijan (CBA) in developing procedures for crypto regulation. The Binance spokesman told Azerbaijan’s Trend News Agency that regulatory issues were addressed during a recent meeting
December 18, 2022 1 min read
