Day: 5 December 2022

Swingby has announced a partnership with Chainlink for the integration of Chainlink Proof-of-Reserve with Skybridge on the Ethereum mainnet. The partnership's goal is to enhance security for the Swingby Skybridge, which connects the Bitcoin blockchain to the Ethereum network and allows the adoption of BTC.  According to Swingby, Skybridge can ...

KuCoin, a cryptocurrency exchange, has hired Mazars, an international accounting firm, to perform a third-party audit of its Proof-of-Reserves.  According to the announcement on KuCoin's official blog, the company will provide information on whether KuCoin's in-scope assets are collateralized. Mazars would fully audit and disclose KuCoin's asset reserves and customer ...

Early this morning, cyn dogelover, a Twitter user, raised the alarm about the reactivation of previously suspended Dogecoin-related Twitter accounts. The user tagged Twitter and Elon Musk to bring the incident to their attention. Billy Markus, the creator of Dogecoin, commented, saying those accounts were wrongfully suspended as they only ...

Crypto organizations have reacted in one way or another to the most recent developments in the crypto industry. The implosion of the now-defunct crypto giant FTX is largely attributed as one of the causes of the current bearish market condition.  This unprecedented turn of events has precipitated the collapse of ...

The State Bank of Pakistan (SBP) has established new legislation for Electronic Money Institutions (EMIs), non-bank organizations that provide digital payment instruments, in order to ensure the prompt issuance of a CBDC over the next three years.  According to Arab News, the World Bank assisted Pakistan in developing the new ...

In the race to onboard more people and make blockchain usable, a team of blockchain developers launched Sui, a Layer 1 blockchain solution poised to unlock the freedom to build powerful on-chain assets. The Sui blockchain launched on May 3, 2023. It's a smart contract platform that prioritizes speed and ...

Magic Eden, a Solana-based non fungible token (NFT) marketplace, has released a tool that enables creators to enforce royalties on their collections, joining the growing list of platforms that have done so. ???? Today's a big day! We’re excited to launch Open Creator Protocol, an open source, free, feature-rich tool ...

Swyftx, an Australian cryptocurrency exchange, has laid off 90 employees, accounting for 40% of its workforce. Swyftx announced the development via a press release this morning. The decision was made in response to the decline of the crypto market and anticipation of future "black swan" events. Swyftx co-founder Alex Harper ...