Tag: Blockchain

dYdX launches layer 1 blockchain, validators and stakers set to receive all fees

Decentralized cryptocurrency exchange dYdX has launched its layer 1 blockchain with the creation of its genesis block which will operate using native DYDX tokens. The dYdX Chain is set to distribute all fees to validators and stakers in USD Coin (USDC). This includes trading fees denominated in USDC as well as gas fees for DYDX-denominated transactions or USDC-denominated transactions. The proof-of-stake (PoS) blockchain network was built using Cosmos’ software development kit and makes use of CometBFT as its consensus protocol. Validators stake DYDX in order to secure the blockchain and…

Protocol Village: IoTeX Blockchain to Integrate With Solana for ‘IoT-Connected Projects’

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World Bank Blockchain Bond Debut

The World Bank International Bank for Reconstruction and Development (IBRD) has taken a pioneering stride in the realm of blockchain and digital finance, spearheading a groundbreaking €100 million digitally native note (DNN) issuance.  Facilitated by Euroclear’s cutting-edge distributed ledger technology (DLT) issuance platform, this monumental event has garnered significant attention across the global financial landscape. The announcement of the listing of the blockchain bond on the Luxembourg Stock Exchange has marked a significant milestone in the financial industry. Notably, Citi played a pivotal role as the issuing and paying agent,…

Vodafone DAB and Chainlink Labs Unveil Blockchain Solution to Streamline Global Trade

Vodafone’s Digital Asset Broker (DAB) and Chainlink (LINK) Labs have unveiled a proof of concept (PoC) in collaboration with Sumitomo Corporation and InnoWave. This initiative aims to tackle the inefficiencies entrenched in the mammoth $32 trillion global trade arena. The core of the demonstration lay in the fluid exchange of pivotal trade documents across varied platforms and blockchains, a process often hampered by disjointed systems. The prevalent use of inconsistent paper or digital platforms with subpar interoperability has been a major bottleneck across different sectors in global commerce. By leveraging…

Bitcoin’s Rally to $35,200 Fueled by Optimism for Spot ETFs and Upcoming Halving Event – Blockchain News, Opinion, TV and Jobs

Bitcoin (BTC) experienced a remarkable surge last night, briefly hitting $35,200. This surge can be attributed to several compelling factors. Among these factors are the eagerly anticipated halving event and the growing confidence among investors regarding the approval of BTC Spot ETFs. This surge not only marks a significant price movement but also underscores Bitcoin’s current momentum relative to the broader digital asset market. The cryptocurrency market is no stranger to volatility, but Bitcoin’s recent ascent to $35,200 has captured the attention of investors and enthusiasts alike. Matteo Greco, a…

Chainlink (LINK) Price Tops $10 Amid Profit-Taking Signal From Rising Inflows to Crypto Exchanges, Blockchain Data Suggests

The token’s price rallied about 9% in the past 24 hours, hitting $11 after trading sideways within roughly $5 and $9 range since May 2022. It has since given up some of its gains but has still managed to advance 43% over the past month, making it one of the best gainers among the large-cap digital assets, CoinDesk data shows. Source link

Blockchain Association director of government relations recaps speaker candidates’ records on cryptocurrency

Since Oct. 3, when lawmakers removed then-Speaker of the House of Representatives Kevin McCarthy, no legislation has made significant progress through the United States Congress. In an Oct. 23 post, The Blockchain Association’s director of government relations, Ron Hammond, provided an update on the tangential elements on crypto-related issues. Lack of stablecoin regulation As part of the thread, Hammond shares that the race for the Speaker position has attracted numerous candidates who are notably pro-crypto.  1) This week in Congress and crypto: Another week of House Speaker drama and intense…

CipherBlade Founder Says Blockchain Sleuthing Firm ‘Hijacked’

The Pennsylvania firm claims that a group of employees executed a “hostile takeover” of the company earlier this year while founder Richard Sanders was volunteering in war-torn Ukraine assisting local police with crypto investigations, according to a lawsuit. In his absence, the firm’s clients and some staff were transferred to new CipherBlade entities in Alaska and Singapore, effectively emptying his business, Sanders told CoinDesk. Source link