Thursday, November 14, 2024
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National Australia Bank Becomes Second Australian Bank to Build Stablecoin: Report

The purpose of AUDN would be to allow its customers to settle transactions on blockchain technology in real-time using Australian dollars, NAB said. AUDN could also be used for several other purposes including "carbon credit trading, overseas money transfers and repurchase agreements," NAB’s Chief Innovation officer Howard Silby told AFR. Source

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Crypto companies aim to build trust within future products and services

The cryptocurrency ecosystem underwent a turbulent year in 2022. Criticism inside and outside of the crypto industry was fueled following the collapse of FTX, Celsius, Three Arrows Capital and the Terra ecosystem. A number of losses have been recorded from these events. Blockchain analytics firm Chainalysis released a report in December

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Chinese Zhejiang Province Aims to Build a $28.7 Billion Metaverse Industry by 2025 – Metaverse Bitcoin News

Zhejiang, a coastal province of China, has presented a metaverse development plan that seeks to build a metaverse hub in its territory. The plan aims to entice the creation of a $28.7 billion metaverse industry and construct an ecosystem of several companies integrating this tech as part of its operations

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G20 Countries to Build Crypto Policy Consensus for Better Global Regulation – Regulation Bitcoin News

The G20 countries aim to build a policy consensus on crypto assets for better global regulation. “After the crypto meltdown which we have seen recently, it is clear that we need internationally agreed standards on regulation,” said the International Monetary Fund (IMF)’s deputy managing director, Gita Gopinath. G20 Nations Discuss Crypto

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Build on Bitcoin, ‘a better platform for Web3,’ says Lightning contest founder

Bear markets are for building Bitcoin (BTC) companies. At least, that’s what the Legends of Lightning, a nine-week contest for competing Bitcoin businesses, would indicate. The tournament-come-hackathon ran more than 65 events worldwide as 73 projects battled it out to win 3 BTC ($50,000) shared among contestants. The competition crowned Bitcoin

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Telegram founder wants to build new decentralized tools to combat power abuse

Telegram is set to build a set of decentralized tools, including noncustodial wallets and decentralized exchanges, according to founder Pavel Durov via his Telegram channel on Nov. 30.The initiative is a response to the recent FTX collapse, said Durov, as the industry ended up being concentrated in the "hands of a

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Bitcoin․com Joins Chainlink BUILD to Boost Adoption of VERSE Ecosystem dApps – Press release Bitcoin News

press release Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has joined the Chainlink BUILD program to help accelerate the adoption of VERSE ecosystem dApps and receive increased technical support for Chainlink’s time-tested Web3 services—which include verifiable randomness,

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