Citi Treasury and Trade Solutions (TTS) has introduced a new service called Citi Token Services, designed to enhance institutional clients’ cash management and trade finance capabilities. Utilizing blockchain and smart contract technologies, the service aims to integrate tokenized deposits and smart contracts into Citi’s global network. Citi is a leading […]
Blur has gained significant traction since its launch in October 2022, overtaking industry leader OpenSea. Its popularity skyrocketed after its token airdrop event on 14 February. Prior to the airdrop, Blur held 48% of the NFT transfer volume in the market. However, its share jumped to 78% a few days […]
Polygon partnered with web3 wallet Suku to launch an open edition NFT collection minted on Twitter. The crypto community on Twitter minted more than 50,000 NFTs within 48 hours. Suku leveraged Twitter for its user-centric approach to onboard newcomers into crypto. Polygon, the popular Ethereum layer 2 scaling solution, recently […]
On 12 July 2023, Joseph Mills, Group Product Manager at Google Play, announced a noteworthy policy update. The aim is to balance the growing demand for innovative blockchain-based applications and the platform’s commitment to user safety. This change in stance will lead to a significant upsurge in engaging digital experiences, […]
Polygon co-founder Mihailo Bjelic unveiled a new Polygon improvement proposal earlier today. The proposal seeks to upgrade Polygon’s proof of stake chain to zkEVM Validium. The proposal addresses several concerns, including security, gas spike issues, and reorg issues. If approved, the zk compatibility would bring scalability, faster transactions, and greater […]
Ripple, a leading enterprise in blockchain and crypto solutions, has announced a partnership with Colombia’s Central Bank, Banco de la República, to explore and implement use cases for blockchain technology. This collaboration is part of the third phase of blockchain experimentation led by The Ministry of Information and Communications Technologies […]
The crypto world is debating the SEC’s proposed amendments to exchange regulations, which could impose additional burdens on crypto platforms and hamper innovation, according to Commissioner Hester M. Peirce (aka “Crypto Mom”). The U.S. Securities and Exchange Commission (SEC) announced on April 14 that it is reopening the comment period […]
A16z’s “State of Crypto 2023” report sheds light on the optimistic future of the crypto space. Silicon Valley-based venture capital firm Andreessen Horowitz (“a16z”), founded by Marc Andreessen and Ben Horowitz in 2009, supports innovative entrepreneurs in various technology sectors. With $35B in assets under management, a16z invests across multiple […]
SEC To Hunt Down Crypto Staking In The US – Coinbase CEO, Brian Armstrong The staking economy in the United States could experience stiff opposition as rumors that the SEC plans to eliminate retail crypto staking swept crypto Twitter on Wednesday. Coinbase CEO Brian Armstrong hinted at the development, saying […]
Recently, Sandy Kaul, a Senior VP at Franklin Templeton, shared her thoughts on blockchain technology and crypto, and more specifically on institutional adoption. Franklin Resources, Inc. [NYSE: BEN) “is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment […]