Trader Joe’s Grocery Slaps Lawsuit On DEX Trading Platform
Trader Joe’s, a well-known supermarket chain in the United States, has taken legal action against a decentralized exchange (DEX) platform named Trader
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Real-World Asset Loan Worth $20M Sours on DeFi Platform Goldfinch, Bringing RWA Lending Under Scrutiny
The development follows the default of a $5 million loan on Goldfinch made to an African robotaxi company. Source
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NFT platform will launch for Chinese government-owned newspaper
China Daily, affiliated with the Publicity Department of the Chinese Communist Party, has announced plans to develop its own metaverse and NFT platform. China Daily, a prominent English-language newspaper under the ownership of the Publicity Department of the Chinese Communist Party, has expressed its intention to venture into the world of
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Chinese government-owned newspaper to launch NFT platform
China Daily, an English-language newspaper owned by the Publicity Department of the Chinese Communist Party, wants to create its very own metaverse and nonfungible tokens (NFTs) platform.According to a recent announcement, China Daily is awarding 2.813 million Yuan ($390,000) to a third-party contractor that can design the NFT platform within
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Elon Musk’s X platform faces backlash over XRP account suspension
X (formerly Twitter) executive chair and chief technical officer Elon Musk has faced criticism for the suspension of an XRP-related account.Crypto Eri, a well-known figure in the cryptocurrency community, directly reached out to Elon Musk on X, seeking clarification on whether the account suspension was an error.The account in question
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Web3 platform Galxe is hacked, multiple users report lost funds
Web3 platform Galxe experiences a security breach, as several users report losing access to their funds and wallets. Leading web3 community-building platform Galxe has suffered a security breach. Multiple users have reported being unable to access their funds and wallets on the platform. The Galxe website is also down. The platform has posted
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Crypto platform Nexo to Phase Out Cashback for Exchange and Card Transactions in the UK
"Nexo is committed to our U.K. community, and we regard our compliance responsibilities with the highest priority, reflecting our aim of nurturing a robust crypto ecosystem," a company spokesperson said. "Additionally, our enhanced interface epitomizes our dedication to a consistent user experience in the evolving financial advertising context." Source
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Blockchain-Based Settlement Platform Launches in Hong Kong
Synapse is able to simultaneously create settlement instructions for all parties along the settlement chain, facilitating concurrent processing, while also providing near-instantaneous status updates to all parties involved in the trade, a technical pamphlet explains, which is important when connecting traders in two different markets. Source
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Central Bank Group to Launch Data Platform ‘Project Atlas’ for Tracking Crypto Transfers
BIS continues to warn that crypto data can be “manipulated or distorted”. The Bank for International Settlements (BIS) has unveiled a new platform it calls “Project Atlas”. According to the Wednesday announcement, the decentralized finance data platform will play an important role in the future regulation of crypto market participants. In a
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BIS, EU central banks building data platform to track crypto, DeFi flows
The Bank of International Settlements (BIS) has developed a proof of concept (PoC) for a system tracking on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains including Bitcoin.Working with the Deutsche Bundesbank, De Nederlandsche Bank, European Central Bank and the Bank of France, BIS has announced a successful PoC
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