Cryptocurrency news - Blockchain
Charles Hoskinson points to 2 major upgrades amid Cardano ‘dunking’
The Cardano co-founder is fighting FUD again following a BitBoy video claiming ADA is dead. Cardano co-founder Charles Hoskinson has his eye on two major upgrades — at least one of which is slated this year — for the Cardano network amid a recent flood of criticism over its nati...
Over $1B in US Treasurys have now been tokenized on-chain
The new milestone was reached shortly after the launch of BlackRock's first tokenized asset fund — BUIDL, which joined 16 other tokenized government securities funds last week. More than $1 billion worth of United States Treasurys now exist across Ethereum, Polygon, Solana, and...
Sygnum bank to tokenize $50M of Matter Labs’ reserves for transparency
The crypto-forward banking group is tokenizing funds in the Fidelity Institutional Liquidity Fund, the first time it has tokenized traditional assets. Swiss-based global digital asset banking group Sygnum will invest $50 million in the Fidelity Institutional Liquidity Fund on b...
‘Only a few’ Ethereum L2s will survive the next 5 years: Manta co-founder
Manta’s Kenny Li argues that only blockchains with a “modular” approach stand a chance of survival, but critics say the whole debate is just a marketing stunt. Of the 44 active Ethereum layer 2 blockchains in existence today, “only a few” will still be around in five years, says...
Hong Kong exchange licensing clarity attracts traditional brokerages
The SFC has granted multiple licenses since the city opened doors to retail crypto trading last August. Less than a year after Hong Kong regulators approved crypto exchanges, traditional financial institutions and brokerages alike have been keen to obtain their digital asset lic...
Nigeria urged to regulate cryptocurrency to tackle financial crimes
Adedeji Owonibi, the Co-founder of A&D Forensics, a blockchain intelligence service provider, pointed out that the lack of regulations in Nigeria’s crypto space permits various practices to go unmonitored. The Nigerian government would need to regulate cryptocurrency activit...
Assetization becomes key topic at Davos 2024: Here’s what it means
Penned by veteran finance experts, the book about assetization aims to bring awareness to a dormant $78 trillion market. The tokenization of real-world assets (RWAs) has become a hot topic in digital finance in 2023. Establishing an investable market out of illiquid assets throu...
Blackberry warns Mexican crypto exchanges of lurking cyberthreat
The threat pattern suggests that attackers mainly target large companies in Mexico with over $100 million in gross revenues. The research and intelligence arm of Blackberry, a tech giant previously dominating the cellphone market, identified and alerted about a financially motiv...
Dencun upgrade goes live on Ethereum’s Goerli testnet
The long-awaited Dencun upgrade has finally arrived for the Goerli testnet, although low participation resulted in it failing to be finalized in the expected time. The Dencun upgrade, which includes a major update known as “proto-danksharding” designed to help reduce layer-2 tra...
Crypto gateway CoinsPaid hacked for over $7.5M — Cyvers
CoinsPaid has experienced its second security breach in six months, according to Web3 security firm Cyvers. Crypto payment gateway CoinsPaid has experienced its second security breach in six months. Web3 security firm Cyvers reported detecting unauthorized transactions of nearly...