Australia’s Securities and Investment Commission (ASIC) has sued the country’s largest market operator, ASX Limited, for allegedly making misleading statements about how its blockchain project to replace its aged Clearing House Electronic Subregister System (CHESS) was progressing, before revealing that it had cancelled the project, the regulator announced on Wednesday. Source
Essential’s aim is to offer an “intent-centric, declarative approach.” This differs from traditional blockchain in that it leverages users’ “intents” for desired outcomes rather than usual transaction-based interactions where users must specify exact instructions, according to an emailed statement on Tuesday. Source
On-chain data platform Token Terminal has set the stage for a potential seismic shift in the crypto ecosystem. It predicts that $10 trillion asset management giant and exchange-traded fund (ETF) issuer BlackRock is preparing to unveil its blockchain platform. BlackRock’s Crypto Masterplan Recent research by Token Terminal delves into BlackRock’s strategic entry into the crypto space, outlining the firm’s approach to the emerging digital asset class. According to the platform’s findings, BlackRock has segmented the crypto asset class into three distinct categories: crypto assets, including Bitcoin, stablecoins, and Real World…
“Canto chain is currently experiencing an issue with consensus that has caused the chain to halt,” Canto said in an announcement on X. “An upgrade to address this issue will be carried out on Monday, August 12 UTC 12:00. All funds are safe. Once the chain resumes, users will be able to access all activities as usual.” Source
The Fantom blockchain saw mixed performance in the second quarter (Q2) of the year, with key financial metrics cooling amid the broader cryptocurrency market downturn and the Fantom Foundation’s announcement to rebrand as Sonic Labs, according to a new report from data intelligence firm Messari. FTM Market Cap, Revenue, And Token Economics After outperforming in Q1, Fantom’s circulating market cap decreased 41% quarter-over-quarter (QoQ) from $2.8 billion to $1.7 billion. However, the token’s market cap is still 94% higher year-over-year (YoY) compared to Q2 2023. Fantom’s market cap decrease. Source:…
Felix Pinkston Aug 09, 2024 14:56 Tether and Africa Blockchain Institute have teamed up to deliver blockchain education across universities in Ivory Coast, aiming to equip students with practical skills. Tether Operations Limited, a leading entity in the digital asset industry, has announced a strategic collaboration with the Africa Blockchain Institute to enhance blockchain education across universities in Ivory Coast. According to tether.io, this initiative aims to provide students with practical skills and a comprehensive understanding of blockchain technology. Educational Workshops in…
A blockchain developer is set to fork the BRC-20 token standard to introduce decentralized finance capabilities to the Bitcoin network. A blockchain developer under the alias Mikael.btc, best known as the creator of the BRC-100 token standard, wants to fork BRC-20 in an effort to roll out a new protocol designed to bring decentralized finance to the Bitcoin (BTC) network. In an Aug. 9 post on X, the developer outlined plans for the fork, emphasizing that the upgrade would address key limitations of the BRC-20 standard, including its “lack of…
Caroline Bishop Aug 08, 2024 16:31 Mysten Labs’ Chief Scientist, George Danezis, explains the development and impact of the Mysticeti consensus engine on the Sui blockchain. Mysten Labs’ Chief Scientist, George Danezis, has shed light on the development of the Mysticeti consensus engine, which is currently undergoing a phased rollout on the Sui Mainnet. According to The Sui Blog, this new technology aims to enhance the performance and capabilities of the Sui blockchain. Innovations Behind Mysticeti Mysticeti is designed to significantly reduce…
Timothy Morano Aug 08, 2024 15:58 Circle and Blockchain at Berkeley introduce TXT2TXN, an AI-driven tool using Large Language Models to simplify blockchain transactions through intent-based applications. Circle and Blockchain at Berkeley have unveiled TXT2TXN, an innovative open-source web application that leverages Large Language Models (LLMs) to streamline blockchain transactions by interpreting user intents from natural language inputs, according to circle.com. Introduction to TXT2TXN TXT2TXN, which stands for text-to-transaction, aims to simplify the user experience in crypto applications by using AI to…
Ethereum (ETH) whales are making headlines by investing heavily in a new cryptocurrency that has taken the digital finance world by storm—Mpeppe (MPEPE). Built on the Ethereum (ETH) blockchain, Mpeppe (MPEPE) represents a significant shift in the cryptocurrency landscape, combining the best of meme culture with the robust functionality of decentralized finance (DeFi). Here’s a detailed look at why Ethereum (ETH) investors are flocking to Mpeppe (MPEPE) and what makes this new cryptocurrency stand out. Why Ethereum (ETH) Whales Are Turning to Mpeppe (MPEPE) Mpeppe (MPEPE) is quickly becoming a…