Matter Labs pitches zkSync V2 as the “first” network of its kind to launch on Ethereum, but its competitors aren’t buying the hype. Source
Tag: Platform
Embattled Crypto Platform Freeway’s ‘Billion-Dollar Man’ Isn’t the Insurance Titan He Claims to Be
Joel Krueger, a Freeway adviser, called himself the “Global Chief Investment Officer” of Aon — but the British insurance giant told CoinDesk that is not true. Source
Crowdfunding Platform StartEngine to Acquire Rival SeedInvest From Circle
“SeedInvest was acquired by Circle a few years ago, and it’s one of the largest players in equity crowdfunding. We are one of the top firms in the field. By acquiring SeedInvest, it puts us in a leadership position in the marketplace by having more investors than anyone and a lot more customers, companies that need to raise capital,” StartEngine CEO Howard Marks told CoinDesk. Source
BIS releases full report on mBridge wholesale CBDC platform after successful pilot
The Bank for International Settlements (BIS) has released the full details of its mBridge pilot project to use central bank digital currencies (CBDCs) for foreign exchange. Commercial banks in four jurisdictions made cross-border transfers using CBDCs and distributed ledger (blockchain) technology in the project, which was heralded as a success. Twenty commercial banks in Hong Kong, China, the United Arab Emirates and Thailand used the custom-made mBridge Ledger platform and CBDCs issued by their respective central banks to conduct payment and foreign exchange payment-versus-payment transactions on behalf of their corporate…
Tel Aviv Stock Exchange to Launch a Crypto Trading Platform
The Tel Aviv Stock Exchange (TASE) has published its five-year strategic plan between 2023 and 2027, aiming to develop a blockchain-based platform for facilitating cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchange’s core function is to permit and encourage the buying and selling of cryptos.This is accomplished by producing a stable trading environment suitable for traders nested through different locations around the world. Sometimes a crypto…
Polygon-Based DeFi Platform QuickSwap Closes Lending Service Following Exploit
The attack comes as October looks set to be the worst month for exploits and attacks in the history of cryptocurrencies. Source
Israel’s Stock Exchange Unveils Plan to Create Digital Asset Platform and Venture Into Crypto – Exchanges Bitcoin News
The Tel-Aviv Stock Exchange, the only public stock exchange in Israel, has announced that it is entering the crypto space and creating a platform for digital assets. “The next five years are a critical window of opportunity for TASE to play an active role in the technological revolution of the global capital markets,” said the CEO of the Tel-Aviv Stock Exchange. Tel-Aviv Stock Exchange Entering Crypto Space The Tel-Aviv Stock Exchange (TASE: TASE), the only public stock exchange in Israel, announced Monday its new strategic plan for the years 2023-2027.…
Tel Aviv Stock Exchange to create crypto platform
The Tel Aviv Stock Exchange (TASE) disclosed on Oct. 24 the creation of a blockchain-based platform to expand its trading services to cryptocurrencies and other digital assets as part of the new strategic plan for the years 2023 to 2027. The exchange stated about its venture into crypto and the creation of a digital asset platform: “TASE will promote the implementation of innovative technologies, including DLT, tokenizing of various classes of digital assets and smart contracts. TASE intends to examine multiple potential action plans, including conversion of existing infrastructure to…
A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’ – Bitcoin News
A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are unable to withdraw funds from the platform, and the Freeway team explained that amid the reallocation process, the team could not comment further. Crypto Rewards Platform Freeway.io Pauses Withdrawals, Project Accused of Being a Ponzi Scheme The crypto community is dealing with another rewards platform that has decided to halt withdrawals amid a decision to reallocate funds. On October…
Robinhood Adds Aave and Tezos to Platform
Robinhood Adds Aave and Tezos to Platform Source