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Layer-1 blockchain Tenet is set to see its liquid staking derivatives platfrom plug into a cross-chain decentralized finance (DeFi) ecosystem through a partnership with omnichain messaging protocol LayerZero.Tenet has plugged into LayerZero’s cross-chain protocol to access the wider DeFi ecosystem across a number of different blockchains. The Cosmos-based blockchain is
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Leading chipmakers MediaTek and Nvidia recently combined resources to “offer a truly unique” in-cabin AI experience in automobiles. Taiwan’s MediaTek Inc has partnered with US chip-manufacturing giant NVIDIA (NASDAQ: NVDA) to bring enhanced AI tech to automobiles. The partnership seeks to revamp in-car experiences with software-defined, smart cabin solutions using Nvidia’s GPU chiplets. The joint
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Bitpanda’s crypto connectivity is already in place with a number of banks, neo-banks and fintech platforms such as Austrian traditional lender Raiffeisenlandesbank, European mobile bank N26, French money app Lydia, U.K. fintech Plum and the Italian mobile bank Hype. Source
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The "third party payments provider" for Binance Australia, Cuscal hinted toward the impact of “scams and fraud" as it relates to "account fraud, ID takeover and crypto activity" after being questioned why it offboarded the firm on May 18.The payments provider did not specifically address Binance or crypto exchanges in
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A new blockchain network aimed at financial institutions is in the works from a conglomerate of participants in the finance and tech space, including the likes of Microsoft and Goldman Sachs.According to the announcement on May 9, the Canton Network will be a privacy-enabled interoperable blockchain network aimed at those
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Leading Web3 project NFT Inspect recently undertook some shakeups amid activity geared toward increased adoption of decentralized technology. NFT Inspect has made key announcements regarding its ongoing project activity, including onboarding new team members and a strategic investment infusion. The one-stop-shop Web3 support app has been active lately alongside its Community
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Choosing the right banking partner can be a particularly tricky process for a crypto or blockchain company. While there are many options in the market, only a few will possess the experience, commitment and risk tolerance companies in a young and tech-forward industry need. And simply making a choice won’t
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U.S. regulators like the SEC and CFTC have always engaged in an “arms race” to reign in the cryptocurrency industry. However, the multi-billion-dollar collapse of crypto exchange FTX has triggered a particularly “tough” wave of crypto regulatory crackdowns, including those on prominent crypto exchanges like Kraken and Coinbase, Weinstein told
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The Franklin On-chain US government Money fund leverages the power of blockchain to offer improved security, operational efficiencies, faster transaction processing, and reduced costs to its customers. One of the world’s largest fund managers Franklin Templeton, with over $1.4 trillion in assets under management, announced that it would be expanding its
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The partners assured customers they could reach their financial ambitions starting with as little as €1. A unit of Raiffeisen Bank in Vienna has partnered with crypto company Bitpanda to offer cryptocurrencies to banking customers. As the Vienna-based unit of Raiffeisen Bank and Bitpanda came together to provide crypto to the
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