One of the largest distribution channels for cryptocurrency has just been added to Robinhood’s vision for on-chain financing. With the integration of Robinhood Chain, Trust Wallet’s over 220 million users may now access the new Ethereum-compatible Layer 2 from inside a self-custodial wallet. Assets issued on the Robinhood Chain, such as cryptocurrencies,
Sony Bank has secured conditional approval from the U.S. Office of the Comptroller of the Currency to establish Connectia Trust, a national trust bank focused on digital assets. The approval moves Sony Financial Group closer to launching a U.S. dollar-backed stablecoin through its planned American subsidiary. Sony Bank announced that
Today, Telebiz announced the release of a platform that lets teams handle follow-ups, collaborations, sales, and client interactions all inside Telegram. With corporate capabilities added on top, it is designed to completely replace Telegram, allowing teams to maintain the same account, chats, and interface. More than ten teams, including venture
Arbitrum has generated a new stream of revenue post-launch of the public mainnet of the Robinhood Chain using their Layer-2 blockchain technology. Co-founder of Offchain Labs, Steven Goldfeder, clarified that Robinhood Chain and other qualified Layer-2 networks using Arbitrum technology will be receiving protocol revenue. Ten percent of the protocol’s
CertiK, the largest provider of Web3 security services, made the announcement today that it has been chosen to be an official vendor for Hub71, a global technology ecosystem that is headquartered in Abu Dhabi Global Market (ADGM). As a result of the relationship, firms who are part of the Hub71 portfolio
01 Exchange is a decentralized derivatives platform that was created on top of N1’s trading infrastructure. N1, a Layer 1 blockchain that is backed by Founders Fund, has reached an agreement to buy 01 Exchange. 01 Exchange, which was first developed inside the N1 ecosystem, has successfully handled more than three
India is currently evaluating its crypto policy in the long run. While the regulatory bodies adopt a cautious stance towards digital assets. According to recent internal government papers, the RBI has reiterated its recommendation regarding restrictions on cryptocurrencies and stablecoins. Reuters reported any cryptocurrencies. Also, keeping themselves free from direct
Russia’s State Duma Financial Markets Committee adopted a revised cryptocurrency regulation bill ahead of its second parliamentary reading. The move was communicated by the Committee Chairman Anatoly Aksakov via the official Telegram channel. Lawmakers discussed several amendments to the previous version of the bill. The new proposal scraps one of
The U.S. Commodity Futures Trading Commission has commenced a civil action in federal court against Trevor Vernon and Argent Capital Management LLC. According to regulators, the defendants operated an illegal commodity pool engaged in the trading of cryptocurrencies, futures, and options. As mentioned in the complaint, nearly 60 individuals have
The goal of the cooperative sandbox initiative was to investigate how developing technology may someday be used to solve these issues. AEREDIUM is testing payment-agnostic settlement technology in the sandbox, which is intended to streamline the acquisition of tokenized real estate while eliminating operational complexity for developers. Along with the
