Tag: Live

EOS EVM v0.6.0 Goes Live Bringing USDT and More to Mainnet

The EOS Network Foundation has described v0.6.0 as a “game-changer” on account of it offering “a rejuvenated DeFi experience, robust technical upgrades, and trustless USDT bridging”. The EOS EVM, the virtual machine that allows Solidity dapps to run on EOS, has just had its biggest upgrade yet. v0.6.0 has been deployed on mainnet, and it brings the EOS EVM closer to providing the sort of DeFi experience its developers always envisioned. There’s a lot to unpack in the release notes for v0.6.0, but trustless bridging is a flagship improvement. The…

Japanese yen-backed digital currency, DCJPY, to go live in July 2024

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On Oct. 12, digital currency and electronic payments firm DeCurret Holdings published a white paper on its cryptocurrency project, the “DCJPY.“ The organization intends to launch the coin in July 2024. According to the white paper, the DCJPY network will consist of two areas: the Financial Zone and the Business Zone. The former will include banks, minting bank deposits as digital currency on the blockchain, while the latter will be reserved for transactions. The Business Zone will provide space for issuing non-fungible tokens (NFT), security tokens (ST), and governance tokens (GT).…

JPMorgan Goes Live With First Blockchain-Based Collateral Settlement

Caroline Ellison, former CEO of Alameda Research, testified that she committed fraud at the direction of her ex-boyfriend and former colleague, FTX exchange founder Sam Bankman-Fried. Ellison, 28, is the government’s highly anticipated star witness in the six-week trial of Bankman-Fried. She was the CEO of Alameda Research, the hedge fund prosecutors say stole billions of dollars from customers of its sister company, the cryptocurrency exchange FTX. (Read the government’s indictment here.) Prosecutors began their questioning of Ellison by asking her if she committed crimes and if so, who she…

JPMorgan Goes Live with Its Blockchain-Based Collateral Settlement

The move signals a major stride on the part of JPMorgan as it intensifies its efforts towards boosting the commercial applications of blockchain technology. United States’ largest bank by assets, JPMorgan Chase & Co may have started using its blockchain-based collateral settlement for customers. This follows after a recent transaction between BlackRock Inc and Barclays Plc saw the duo use JPMorgan’s Tokenized Collateral Network (TCN) to effect the trade. According to Tyrone Lobban, head of Onyx Digital Assets at JPMorgan, BlackRock had used TCN to turn some shares into digital…

Paris Hilton Signs Exclusive Content Deal with X Platform to Feature Live Shopping

The revenue-sharing deal will be beneficial for both Paris Hilton who has 16.6 million followers on X and the social media company whose experience of exclusive content agreement is the first of its kind. Elon Musk‘s social media platform X (formerly Twitter) has signed an exclusive content deal with Paris Hilton and her 11:11 Media company. Within their unique two-year agreement, the pop music star will create four original video programs for the X platform per year. The content will include live-shopping broadcasts, Spaces audio chats, and “a host of new activations…

Georgia preparing limited live CBDC pilot, considering Ripple among tech providers

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The National Bank of Georgia (NBG) has announced that it will advance its research on a digital lari central bank digital currency (CBDC) in a limited-access live pilot environment. Nine companies, including Ripple Labs, will take part in the project, and one of them will be selected to move forward to the next stage of testing. In a paper released in February, the NBG stated that it was considering a two-tier design for its CBDC, with wallets provided by a third party. It would be programmable and support asset tokenization.…

Crypto Influencer Ben ‘BitBoy’ Armstrong Arrested during Live YouTube Broadcast

The arrest follows a series of controversies surrounding Armstrong. In late August, Hit Network, the entity overseeing the “BitBoy Crypto” brand, severed ties with Armstrong due to concerns related to substance abuse and financial issues affecting employees. Crypto influencer Ben Armstrong, known as BitBoy Crypto, found himself in handcuffs on Monday evening as he attempted to confront a former business associate, Carlos Diaz, in a bizarre turn of events that played out during a live YouTube broadcast. Armstrong intended to reclaim his Lamborghini, which he alleged was in Diaz’s possession.…