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Fintech firm Ripple has launched its liquidity solution for businesses to bridge the gap between crypto and fiat. Ripple liquidity hub was launched on April 13 after a successful pilot last year.The service operates as a stand-alone solution in addition to Ripple’s popular cross-border payments service called on-demand liquidity (ODL). This
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press release PRESS RELEASE. The Build N Build (BNB) Chain is a decentralized blockchain network that allows developers and innovators to build decentralized applications (DApps) as part of the transition to Web3. The BNB Chain is capable of high-speed transaction processing and lower cost transactions than the Ethereum network. It also supports
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Users with funds stuck on the multi-chain token bridge provided by Allbridge are first in line to receive compensation under a recovery plan posted by the project following a recent exploit. In an April 5 statement, Allbridge said it has already started a compensation process for users despite only “partly recovering
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Gnosis, the team behind Gnosis Safe multi-sig and Gnosis Chain, has launched a hash oracle aggregator for blockchain bridges, according to an announcement from the company. In a conversation with Cryptox, Gnosis CEO Martin Köppelmann stated that the new aggregator should make bridges more secure by requiring more than one
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Crypto users that frequently interact with new and existing platforms will likely receive an airdrop at some stage – which has quickly spurred the narrative of “airdrop farming” in Crypto Twitter circles, as large airdrops can be valued at thousands of dollars in effectively free money at peak. Source
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The Reserve Bank of India (RBI) and the Central Bank of the United Arab Emirates announced on March 15 that they had signed a memorandum of understanding on collaboration and innovation in financial services.The parties will particularly concentrate on central bank digital currency interoperability and will develop a proof-of-concept and
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“The immense research invested into Aztec Connect will be usable and indeed critical to the development of our next-gen product," wrote the Aztec team in a Medium post. "Having an encrypted rollup live and in production gives us confidence in our shift to focusing on a fully programmable version." Source
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Loans and other services will resume on normal schedule Monday following a switch to a new bridge bank, the regulator said Original Source
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Web3 app developer Kresus has closed a $25 million funding round to support the development of its so-called SuperApp, potentially opening the door to broader consumer adoption of digital assets. The Series A funding round was led by Liberty City Ventures, with additional participation from JetBlue Ventures, Craft Ventures, Franklin Templeton,
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The retail-facing platform uses a non-custodial setup, CEO Philipp Zentner said. Source
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