Day: 17 July 2023

Dfinity Foundation has announced the launch of a $5 million grant program aimed at advancing artificial intelligence applications using blockchain and smart contracts. With a focus on decentralized AI projects, the program seeks to support developers, researchers, and entrepreneurs in this field, with particular attention given to the Internet Computer ...

The zkSync Era team has announced that the Ethereum Layer 2 scaling solution will be transitioning to a new proof system called Boojum in order to improve efficiency on consumer-grade general processing units (GPUs).  According to the team, the Boojum proof system is based on the Scalable Transparent Argument of ...

Users will be able to conduct real-world transactions using their cryptocurrency funds thanks to two new product offerings from Gnosis. Gnosis announced these products—the Gnosis Card, a self-custodial debit card supported by Visa, and Gnosis Pay, a decentralized payment platform—via a tweet on July 17, 2023. Payments are d̶u̶e̶ ̶ ...

Unstoppable Domains has partnered with Ethereum Name Service (ENS) to extend support for .eth domain names on its platform. In a blog post published on Jul 17, 2023, the web3 domain provider notified its users that it had made substantial improvements to its payment options and management tools for ENS ...

National Australia Bank (NAB) has taken proactive steps to restrict payments to certain crypto exchanges categorized as "high-risk."  Though NAB has chosen not to disclose the specific platforms affected by these restrictions, it cited the prevalence of scams within the crypto industry as the driving force behind this decision. NAB ...

The Financial Stability Board (FSB) of the G20 has recommended a global regulatory framework for crypto-asset activities. This framework is a response to the G20's request for an effective regulatory, supervisory, and oversight framework for cryptoassets like Bitcoin.  In their recent publication on July 17, 2023, FSB noted that strong ...

The Indonesian government is making progress in its efforts to establish a national cryptocurrency exchange.  According to a local report, Indonesia's Commodity Futures Trading Supervisory Agency (CoFTRA), also known as Bappebti, is set to establish the country's inaugural cryptocurrency exchange in July 2023. Didid Noordiatmoko, the head of Bappebti, stated ...

Binance has announced the successful integration of the Bitcoin Lightning Network into its platform. Its users now have access to the layer-2 scaling solution for seamless BTC withdrawals and deposits. #Binance has completed the integration of Bitcoin ( #BTC ) on the Lightning Network and deposits and withdrawals are now ...