Tag: Platform

Unleashes New Open-Source Disbursement Platform

Blockchain-based payment network Stellar has introduced the open-source “Stellar Disbursement Platform,” aimed at facilitating faster, cost-effective, and transparent digital disbursements worldwide.  Developed by the Stellar Development Foundation (SDF) over the past year, the platform enables individuals and organizations to execute bulk disbursements using digital assets for various purposes, including gig worker payments and digital aid delivery.  Initially deployed for digital aid disbursements in Ukraine, the turnkey payment solution is now open-source and available for use and further development by anyone. Revolutionizing Global Payments? According to the announcement made on Wednesday,…

Dinari Raises $7.5M for Decentralized Stock Trading Platform

Founded in 2021, Dinari wants to provide blockchain-backed access to corporate equity through its dShare platform. The dShare platform offers access to securities such as Apple or Tesla stock using a wallet on the Arbitrum network for users outside the United States due to regulatory reasons, said Jake Timothy, Dinari co-founder and chief technology officer, in an email to CoinDesk. Each dShare token is 1-1 backed similar to stablecoins like USDC or Tether. Source

Top Crypto Exchange Binance Sinks $5,000,000 Into Curve (CRV) Following Massive Hack on the DeFi Platform

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The venture capital arm of crypto exchange Binance just announced that it is putting money into the native token of the decentralized finance (DeFi) platform Curve. In a statement, Binance Labs says that its $5 million investment in the Curve DAO Token (CRV) signifies its commitment to join forces with the largest stableswap and second-largest decentralized exchange (DEX). The announcement comes as the price of CRV dipped following a massive hack on the platform in late July. Says Binance Labs head Yi He, “Given the recent events that have impacted…

Metaverse Platform Sandbox Transferred Out 60M SAND Ahead of Monday’s $133M Token Unlock

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MIT Digital Currency Initiative introduces at-scale, programmable CBDC platform

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The Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI) has introduced the experimental PArSEC platform. PArSEC — short for “parallelized architecture for scalably executing smart contracts” — is open source and developed with central bank digital currency (CBDC) in mind.  The developers highlighted the platform’s speed. It performed 118,000 ERC-20 transactions per second on 128 hosts — exceeding public permissionless blockchains, they said. The platform was thus capable of handling cross-border contracting and could be used to innovate supply chains and compliance checks as well. PArSEC logo. Source: MIT…

DeFi Platform Term Finance Brings Fixed Rate Lending to Ethereum

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Defunct Crypto Exchange FTX Plans to Restart Platform for Non-U.S. Customers

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The filing, posted Monday night U.S. time, delineates the claimants into various groups. The first group is claimants of FTX.com offshore exchange, which it calls “dotcom customers”, next is customers of the U.S. exchange (“U.S. customers”), after, customers of its NFT exchange, then general unsecured claims, secured claims, and subordinated claims. Included in general claims are those from Alameda’s lenders or trading partners, while subordinated claims are taxes and fines from penalties. Source