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Another Fantom project winds down citing Multichain exposure

SpiritSwap, a decentralized exchange (DEX) built on smart contract platform Fantom, will wind down operations from Sept. 1, citing exposure to troubled Chinese cross-chain protocol Multichain.In the Aug. 9 announcement via Discord, developers revealed that the Multichain hack left SpiritSwap's entire treasury drained and, therefore, "without the means to finance

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Worldcoin Launched Before a German Data Regulator Finished Assessing the Crypto Project

At the moment, the European data authorities are investigating Worldcoin's data flows, the pseudonymization of personal data, such as the biometric iris scans, as well as the transparency and fairness around users' consent, said Will. Worldcoin is expected to respond to the authorities' latest information request by September, at which

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Digital Dollar Project completes CBDC retail remittance pilot with Western Union

The Digital Dollar Project (DDP) announced the completion of a pilot study of remittance payments to the Philippines using a simulated retail central bank digital currency (rCBDC). Western Union and BDO Unibank were partners in the project.The project used a version of the DDP’s Champion Model. In it, a simulated

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