The Bank for International Settlements (BIS) has collaborated with several central banks to showcase regulatory compliance in cross-border transactions through Project Mandala, according to an Oct. 28 statement. This initiative involves the BIS Innovation Hub Singapore Centre and the central banks of Australia, Korea, Malaysia, and Singapore. The project aims to tackle regulatory challenges associated […]
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One of the problems of Ethereum, or any blockchain, is that it grows in size over time. This means an increase in the complexity of its code and its storage requirements. A blockchain must retain all the data throughout its history which needs to be stored by all clients and downloaded by new clients. This […]
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The first interplanetary blockchain-based transaction could potentially happen in 2026.
One of the major breakout successes this year for the team behind layer-2 blockchain Polygon is Polymarket. But according to data, Polymarket has only brought in about $27,000 of transaction fees for Polygon PoS in 2024.
Cardano has integrated with the Bitcoin ecosystem through BitcoinOS’s Grail Bridge, unlocking the top digital asset’s substantial liquidity for its DeFi ecosystem. On Oct. 24, BitcoinOS explained that the move would expand Bitcoin’s reach and enable decentralized programmability on its network. The integration makes Cardano the first Layer 1 blockchain to use BitcoinOS infrastructure, tapping […]
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Improbable, the British metaverse technology company creating Yuga Labs’ Otherside platform, has said the Somnia blockchain will enter its DevNet phase in the coming weeks.
Miles Brundage says neither OpenAI nor the world are ready for artificial general intelligence.
Stablecoin issuer Tether has proposed a new initiative to Turkey: digital tokens backed by boron, a mineral in which the country holds over 70% of the global reserves, Bloomberg News reported on Oct. 24. Boron, essential in manufacturing ceramics, glass, and fertilizers, is a major asset for Turkey’s economy, with sales projected to reach $1.3 […]
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Chainlink's service is an integral part of many major blockchains but has not featured on Bitcoin until now.
"If Bitcoin breaks, then so does our industry as a whole, so we might as well use Bitcoin security for cross-chain DeFi," BOB co-founder Alexei Zamyatin, told CoinDesk.
The disclosure comes nearly a year after CoinDesk broke the news that Kraken was considering its own layer-2 network, following the runaway success enjoyed by Base after it launched in mid-2023.
Ethereum co-founder Vitalik Buterin has unveiled the latest roadmap phase, “The Verge,” which proposes a groundbreaking shift in blockchain technology to make transaction verification possible on devices as small as smartwatches — something previously unimaginable. In a detailed blog post on Oct. 23, Buterin explained that “The Verge” combines two key innovations: stateless clients and […]
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Analysts often claim China is winning the quantum race but available research indicates otherwise.
This week's issue could not be more chock-full of blockchain content. We clarify Tron founder Justin Sun's role in the WBTC project, bring you excerpts from the new crypto book "Lessons Learned" and highlight inspirational women of Web3 and AI. PLUS a photo from the stage at Cosmoverse.
The business plan for WBTC is to increase the outstanding amount by five to 10 times what is now, just under $10 billion – using a geographically diversified custodial setup that might be more appealing to buyers outside the U.S
The company says the feature is “still experimental—at times cumbersome and error-prone” but hopes developer feedback will accelerate its development.
The crypto-adjacent tech is meant to give the Argentine capital's 3.6 million residents greater control over their personal data.
Transak, which is used by platforms like Metamask, Binance and Trust Wallet, says the leak was limited to "names" and "basic identity information." A ransomware group says it has obtained more sensitive user data as well.
Musk’s rhetoric painted a dire picture of the US economy while pitching his own recovery plan.
Buterin’s roadmap aims to keep Layer 1 decentralized, ensure Layer 2s inherit Ethereum’s core values, and enhance seamless interoperability across chains.
The advent of small modular reactors should make on-site nuclear energy economically feasible at scale.
Tesla’s failure to demonstrate progress in the field of autonomous vehicles appears to be making investors skittish.
Elon Musk has promised a fully autonomous vehicle for nearly a decade but Tesla has yet to deliver.
The news is in line with the ongoing trend that's hit the Ethereum scaling world since the end of 2023: giant and familiar crypto exchanges launching their own layer-2 networks.
The artificial intelligence firm is seeking a dismissal of Musk’s lawsuit.
The Guillemot family and Tencent would likely take the company private if the deal happens.