Tag: Blockonomi

Ethereum Futures ETF Approval Is Close, According to Bloomberg Analyst – Blockonomi

Blockonomi

According to a recent statement by James Seyffart, a Bloomberg Intelligence analyst with expertise in asset management, including cryptocurrency, the U.S. Securities and Exchange Commission (SEC) is considering approving the launch of Ethereum futures exchange-traded funds (ETFs) next week. Approval Read More

Radix Babylon Upgrade Marks New Era for Web3 User and Developer Experience – Blockonomi

Blockonomi

London, England, September 28th, 2023, Chainwire Decentralized ledger platform Radix Publishing has celebrated the successful completion of its long-anticipated Babylon mainnet upgrade. The Babylon upgrade represents the end of the Olympia era and has been hailed by Radix as a Read More

Binance Japan Teams up with Mitsubishi to Explore and Develop a Stablecoin – Blockonomi

Blockonomi

Binance Japan and Mitsubishi UFJ Trust and Banking Corporation (MUTB) have partnered to explore and develop “a new stablecoin pegged to fiat currencies, including the Japanese yen and other foreign currencies,” such as the US dollar. Despite ongoing regulatory challenges Read More

Binance Japan Teams up with Mitsubishi to Explore and Develop a Stablecoin – Blockonomi

Blockonomi

Binance Japan and Mitsubishi UFJ Trust and Banking Corporation (MUTB) have partnered to explore and develop “a new stablecoin pegged to fiat currencies, including the Japanese yen and other foreign currencies,” such as the US dollar. Despite ongoing regulatory challenges Read More

Frontend Attack Targets DeFi Platform Balancer, Over $240,000 Hacked – Blockonomi

Blockonomi

Balancer Protocol, a prominent decentralized finance platform on Ethereum, was reportedly hacked through a front-end attack, resulting in the loss of over $240,000. The exploit came into alert on Tuesday after Balancer issued a warning to its users. “The balancer Read More

The Open Network (TON) Foundation engages Chainbase and Tencent Cloud for Web3 development and adoption – Blockonomi

Blockonomi

Zug, Switzerland, September 21st, 2023, Chainwire The partnership entails an enterprise node deployment service offered by Chainbase The Open Network (TON) Foundation has partnered with Chainbase and Tencent Cloud to simplify blockchain development as the Foundation ushers in the next Read More

Hong Kong Will Issue Stablecoin Regulations By Mid-2024 – Blockonomi

Blockonomi

Duncan Chiu, a member of the Legislative Council of the Hong Kong Special Administrative Region (HKSAR), revealed that the Hong Kong Parliament is currently conducting a second round of consultations regarding stablecoin regulations, with plans to unveil these regulatory conditions Read More

OKX Achieves SOC 2 Type II Certification, Demonstrating its Industry-Leading User Safety, Security and Compliance Standards – Blockonomi

Blockonomi

Hong Kong, Hong Kong, September 20th, 2023, Chainwire OKX, a leading crypto exchange and Web3 technology company, today announced that it has successfully completed the Service Organization Control (SOC) 2 Type II audit, demonstrating that the company’s processes for governing Read More

Ethereum Gas Consumption Is Down 99.99% Since The Merge – Blockonomi

Blockonomi

Ethereum gas consumption has plummeted 99.99% since The Merge, transforming the network into a more environmentally friendly platform. One year after the major upgrade, The Merge, which marked the transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus, Ethereum has achieved Read More

Binance.US Faces Accusations of Discovery Failures – Blockonomi

Blockonomi

In a Court Filing, the U.S. Securities and Exchange Commission (SEC) pointed to Binance’s document production, regulatory violations, concerns about asset control, inconsistent statements, uncooperative responses, and limited cooperation in providing witness testimonies. The securities regulator alleged that Binance.US’s holding Read More

OKX Switch McLaren MCL60 Race Car To Stealth Mode For The Singapore Grand Prix – Blockonomi

Blockonomi

SINGAPORE, SINGAPORE, September 14th, 2023, Chainwire McLaren Racing and OKX, a leading Web3 technology company and Official Primary Partner of the McLaren Formula 1 Team, today revealed a limited-edition Stealth Mode livery design to be carried on the McLaren MCL60 Read More

PayPal Launches Off-Ramp Service to Streamline Web3 Payments – Blockonomi

Blockonomi

PayPal’s cash-out option, available on wallets, DApps, and NFT marketplaces, debuted on MetaMask. PayPal rolled out its new off-ramp service to simplify Web3 payment transactions, and thus make digital assets more accessible to customers. According to the company’s press release, Read More

Oasys Integrates KDDI’s αU Wallet and αU Market into Its Ecosystem – Blockonomi

Blockonomi

Oasys, a game-focused blockchain has announced its partnership with KDDI Corp, one of the top three telecom companies in Japan, which will propel the mass adoption of blockchain gaming to new heights. The blockchain-based game development platform has elevated its Read More

Coinbase Rolls Out Crypto Lending Service For Institutional Investors – Blockonomi

Blockonomi

Coinbase, the US leading cryptocurrency exchange, has reportedly launched a crypto lending service targeting institutional investors. The new product was first reported on CoinDesk, citing a U.S. Securities and Exchange Commission filing and a source familiar with the matter. According Read More

Visa Boosts Stablecoin Settlement on Solana Blockchain – Blockonomi

Blockonomi

Visa, the world’s payment giant, announced the pilot programs in partnership with payment processors Worldpay and Nuvei. The goal is to enhance cross-border payment efficiency through stablecoin settlement expansion, particularly USDC, and Solana integration. The move was first published on Read More