Sun Nov 24 12:45 AM

Paxos CEO Mulls Increased Adoption for Tokenized Assets

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Cascarilla noted that the development of the PAXG gold-backed token came as a natural fit for Paxos’ vision.In a panel discussion organized by the London Bullion Market Association (LBMA) on November 5, Paxos CEO, Charles Cascarilla, mulls increased adoption for tokenized assets, an innovation...

Cross-chain Support: Game Changer for DEX Industry

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For the time being, the DEX industry is still in its infancy. Facilitating swaps of tokens on the same blockchain is possible, but the time has come to explore the next frontier in the form of cross-chain trading. Decentralized exchanges continue to make their mark...

Banco Santander and Other Spanish Banks Promote Blockchain-based Digital ID Technology

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Ten banks have joined to build a self-managed digital identity system using blockchain technology thereby giving users higher control over their data.On Thursday, November 5, Spanish banking giant Banco Santander along with top-ten leading banks unveiled a self-managed digital identity (ID) model based on...

Crypto mining is now drawing in the world’s top renewables producers

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En+ Group, the world’s top producer of low-carbon aluminum and the largest private-sector generator of hydropower, has entered its first crypto mining joint venture. The new venture, called Bit+, will focus on creating facilities that support crypto mining with a low carbon footprint. En+ Group’s...

Ethereum 2.0 Deposit Contracts Go Live

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Ethereum developers are inching closer to the launch of Ethereum 2.0 by starting the deposit contracts. The first leg of the launch i.e. the Beacon Chain will go live on December 1.On Wednesday, November 4, Ethereum chief developer Afri Schoedon announced the launch of...

Ripple CTO Says XRP Ledger Upgrade Is ‘Huge Game Changer’

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Ripple CTO said that the update would make it easier to find validators. Schwartz explained that performance is not the only criterion in the choosing process. The CTO at Ripple David Schwartz has announced that the new XRP Ledger upgrade will be a “game changer.”...

Bitcoin (BTC) Hits $14,500 Levels Registering Over 100% Gains in 2020

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Bitcoin makes swift moves as analysts expect the Fed to continue its money-printing in wake of more stimulus. This creates a more favorable position for Bitcoin as analysts hint at higher targets above $16,000.In a sudden surge, Bitcoin (BTC) has moved 5% north moving...

Anonymous User Moves 69,370 Bitcoin from Silk Road Wallet

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CipherTrace stated said that the user probably conducted the transactions to “stay up to date with the Bitcoin network.”  An anonymous crypto user recently moved Bitcoin worth $1 billion from the Silk Road wallet. In total, the user moved over 69,370 BTC through two transactions....

Binance could be behind over a dozen stake pools on the Cardano blockchain

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Binance, one of the world’s largest cryptocurrency exchanges, might be behind around a dozen stake pools on the Cardano network. The latest information from the Daedalus wallet shows that there are 18 stake pools whose metadata pages indicate that they may have been founded...

ECB’s Christine Lagarde is “prepared” for digital Euro as crypto interest rises

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Christine Lagarde — the former Managing Director of the International Monetary Fund and the current President of the European Central Bank (ECB) — invited public reactions and commentary on the topic of a potential Euro-backed digital currency via a Twitter post this weekend.Public opinions...