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The United States Bankruptcy Court for the Southern District of New York has approved bankrupt crypto lender Celsius Network’s plan to convert its altcoins into Bitcoin (BTC) and Ether (ETH).The order was issued by Judge Martin Glenn, and the liquidations will pave the way for the distribution of the funds to
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Global payments processor Mastercard has launched its Multi-Token Network (MTN) platform, a solution to foster interoperability within the blockchain ecosystem. Raj Dhamodharan, the head of crypto and blockchain at Mastercard, expressed the company’s vision for MTN as
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Fintech firm Six Clovers has introduced the Versal Network, a platform built on the Sui blockchain, to enhance the speed, security, and cost-effectiveness of cross-border payments. With a move towards modernizing cross-border payments, fintech newcomer Six Clovers
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Base, a new layer 2 application-focused protocol by Coinbase has just one criteria left to fulfil before being ready for mainnet launch.On June 29, the team said the Optimism-powered, Ethereum-secured network has been subject to six months of rigorous security audits — both internally and externally — its second-last criteria
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"Our vision of unlocking the power of on-chain digital assets for the next billion users is being made possible on Sui," said Jim Nguyen, co-founder and CEO of San Francisco-based Six Clovers. "The way to do this is to close the gap between established e-commerce and Web3 commerce, by abstracting
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Ledger launched an institutional-grade trading network to meet the risk management and regulatory requirements of institutions. On June 28th, crypto custody company Ledger announced the launch of “Ledger Enterprise TRADELINK”, a custodial trading network for institutions aiming to revolutionize this segment. According to Ledger, the crypto wallet company has signed contracts
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Rollups like Optimism, Arbitrum and zkSync have profilerated atop Ethereum, notorious for its sometimes exorbitant fees, as a means of avoiding congestion. Bitcoin (BTC) is the original and largest blockchain and is considered the most secure, but lacks Ethereum’s programmability via smart contracts. Source
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The network has a range of partner firms, including Crypto.com, Bitstamp, Huobi, Wintermute and Komainu. Original Source
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"I am excited to strengthen further our collaboration with Startale Labs, a company with advanced Web3 technologies and expertise. We have already been cooperating with Startale Labs by jointly hosting incubation programs, aiming to promote the development of Web3,” Jun Watanabe, President and Executive Officer of Sony Network Communications, said
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Sony continues to make its mark in the emerging technologies space with its recent announcement of a new investment in building a global infrastructure to support Web3. On June 28, Sony Network Communications — a subsidiary of Sony — and Japanese Web3 infrastructure tech company Startale Labs revealed a new business
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