Web3 Archives - Page 34 of 49

A graph showing sharp declines in digital asset investments, reflecting the largest outflows since March.

Digital Asset Products Face Largest Outflows Since March, Reaching $726 Million

September 9, 2024 Dan K

Digital assets see $726M in outflows, the largest since March. Bitcoin and Ethereum lead losses, while Solana shines with $6.2M inflows amid market volatility.

Sonic Blockchain Reaches Record 720ms Finality in Testnet Phase

September 8, 2024 Dan K

Sonic blockchain achieves 720ms finality in its testnet phase, positioning itself as the fastest EVM chain under the guidance of DeFi pioneer Andre Cronje.

Ripple co-founder Chris Larsen alongside Kamala Harris 2024 presidential endorsement

Ripple Co-Founder Chris Larsen Endorses Kamala Harris For President

September 8, 2024 Dan K

Ripple co-founder Chris Larsen endorses Kamala Harris for the 2024 U.S. election, joining 88 corporate leaders in support of her pro-business policies.

Three Japanese banks test cross-border stablecoin transfers using SWIFT API as part of Project Pax.

Japanese Banks to Test Cross-Border Stablecoin Transfers via SWIFT

September 7, 2024 Dan K

Japan’s top banks MUFG, Mizuho, and SMBC begin testing cross-border stablecoin transfers using SWIFT’s API, a first step in revolutionizing remittances.

Crypto exchanges Bybit and Binance secure authorization for regulatory licenses in Kazakhstan.

Binance and Bybit Closer to Becoming Kazakhstan’s First Regulated DATFs

September 7, 2024 Dan K

Binance and Bybit gain key authorizations in Kazakhstan, bringing them closer to becoming the nation’s first regulated Digital Asset Trading Facilities (DATFs).

Image of Japan’s three megabanks: MUFG, SMBC, and Mizuho launching Project Pax for cross-border stablecoin transfers

Japan’s Three Megabanks to Pilot Cross-Border Stablecoin Transfers for Faster Settlements

September 6, 2024 Dan K

Japan’s three megabanks—MUFG, SMBC, and Mizuho—launch a stablecoin pilot project to enhance cross-border payments with blockchain and SWIFT integration.

A visual representation of cryptocurrency with India’s flag in the background symbolizing the country’s evolving crypto regulations.

India’s FIU Considers Approving Two More Foreign Crypto Exchanges by 2025

September 5, 2024 Dan K

India’s FIU may approve two foreign crypto exchanges by March 2025, following Binance and KuCoin’s lead in complying with India’s AML regulations.

Chart showing LUCE meme coin spike following Pope Francis’ confirmed death

Anchorage Announces Custody Support for Bitcoin L2 Stacks

September 4, 2024 Dan K

Anchorage Digital partners with Stacks, a Bitcoin L2 solution, to offer custody services for STX, marking its entry into Bitcoin’s expanding Layer-2 ecosystem.

SGraph showcasing Cardano blockchain project distribution across traceability, authenticity, and sustainability.

Siemens Issues €300m Digital Bond via Blockchain for Instant Settlement

September 4, 2024 Dan K

Siemens issues €300M digital bond via blockchain, enabling instant settlement under Germany’s electronic securities act. Read more on this innovation!

Japanese flag next to digital cryptocurrency coin, symbolizing proposed changes in Japan's crypto tax code

Japan Considers Lowering Crypto Tax Rate to Unified 20%

September 4, 2024 Dan K

Japan may reduce its crypto tax rate from 55% to 20%, aligning it with traditional financial assets under a new proposal by the Financial Services Agency.