According to a report from October 19, the Israel Ministry of Finance has teamed up with VMware and Fireblocks to carry out a proof of concept for issuing government bonds through blockchain in order to lower costs and shorten the…
Aptos: Much-awaited Silicon Valley Blockchain Flops Amid Transparency Concerns
The much-awaited Silicon Valley blockchain startup Aptos, which includes former workers of Meta Platforms Inc. (NASDAQ: META), started logging transactions on Tuesday. But is the buzz justified? The Solana data throughput and Ethereum’s popularity are the targets of the contracts/dApps…
India’s Finance Minister Questions the Blockchain’s Suitability For Use In Tradeable Assets
Nirmala Sitharaman, India’s finance minister, is uncertain about the application of blockchain technology for tradable assets. The nation is advancing its digital rupee CBDC while also exploring international regulatory collaboration. Sitharaman expressed this sentiment while on a visit in the…
China’s Digital Is Now the World’s Most Adopted CBDC
According to a statement from the People’s Bank of China (PBoC), since the pilot program’s start in 2020, transaction volumes for the central bank digital currency (CBDC) have surpassed $14 billion. Through its official WeChat channel, the central bank made…
Coinbase CEO to Sell Part of His Stake to Fund Science Research
Brian Armstrong, the CEO of Coinbase, has stated that he intends to sell 2% of his holdings in the cryptocurrency exchange over the course of the upcoming year in order to fund scientific research. Armstrong announced late Friday on Twitter…
Crypto Twitter Reacts to NFT Platform Moving Towards Optional Royalties Model
Solana-based Magic Eden has, albeit reluctantly, become the most recent NFT marketplace to switch to an optional royalties model, following in the footsteps of X2Y2 in August. Customers Can Choose Royalty Amounts The optional royalties model allows customers to choose…
North Korea’s Lazarus Responsible For Major Crypto Hacks In Japan
Japan’s national police have identified the entity responsible for several years’ worth of cyberattacks, including cryptography, as Lazarus, a North Korean hacking ring. Japan Issues Crypto Hack PSA On October 14, the National Police Agency (NPA) and Financial Services Agency…
Mango Markets $100 Million Exploiter Reveals Identity
The exploiter of the DeFi loan portal Mango Markets in Solana has identified himself and described his behavior as “a highly profitable trading strategy.” According to Avraham Eisenberg, who describes himself as a “digital art dealer,” he was responsible for…
Dubai Mall Store Creates A Virtual Store In the Metaverse
The Dubai Mall’s Etisalat showroom will replicate itself in the metaverse. The prototype was on display at the Gitex conference, which is currently taking place at the Dubai World Trade Center. Digital Shopping In the Metaverse The opening of a…
EU Sanctions Get Russian Journalists and Activists Kicked Off Crypto Exchanges
Russian users of the cryptocurrency exchanges LocalBitcoins, Crypto.com, and Blockchain.com have been advised to withdraw money from their accounts as services will soon be halted for them. Fresh Set Of Sanctions The European Commission last week issued a fresh set…