Monday, April 21, 2025
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Blame game rages over ASX’s failed CHESS system blockchain upgrade

Digital Asset — the New York firm responsible for Australian Securities Exchange’s now-abandoned blockchain-based clearing system — has blamed the securities exchange for dropping its blockchain plans. Meanwhile, representatives of the ASX have clapped back in statements to Cryptox, calling the claims misleading.For the last seven years, the ASX was

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Tether and Bitfinex pledge $100K grant for private operating system

On June 20, Tether Operations Limited, the firm behind United States dollar stablecoin Tether (USDT), along with cryptocurrency exchange Bitfinex announced the allocation of a 100,000 USDT grant to support open-source privacy operating system Qubes OS. Paolo Ardoino, chief technology officer of Tether and Bitfinex, commented: “We recognize the paramount importance of

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Unified Ledger for CBDCs, Tokenized Assets Could Enhance Global Financial System, BIS’ Hyun Song Shin Says

“I think the actual choice of technology will really have to be decided for that particular use case,” Shin said at a Monday press briefing on the report. “It could be decentralized, like in a permissioned blockchain, but it doesn't have to be. It could be a centralized system as

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Crypto Wallet Maker Ledger Continues to Defend Recovery System, Vexes Crypto Twitter

While answering queries about the firm's new wallet recovery service, Ledger Support sent a couple of bizarre tweets which would have done little to assuage its users' concerns, suggesting that it could make its customers' assets vulnerable in any way it wanted to, but has (thus far) not done so. Source

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Indonesia Introducing New National Payment System to Protect Against ‘Geopolitical Consequences’ – Economics Bitcoin News

Indonesia is introducing a new national payment system as the country furthers its de-dollarization efforts and protection against “possible geopolitical consequences.” The new payment system will replace Visa and Mastercard in state-owned institutions and companies, a top central bank official said. “We expect that very soon it will become widespread.” Indonesia

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