The National Payments Corporation Of India (NPCI), an initiative led by the Reserve Bank of India (RBI) and 247 Indian banking companies, is on the look out for a seasoned blockchain technologist to head and investigate opportunities for blockchain in current-day payment systems. NPCI owns and operates the Unified Payments Interface (UPI), India’s home-grown instant payment system that facilitates inter-bank…
Month: September 2023
London Stock Exchange to create traditional assets trading platform on blockchain
The London Stock Exchange (LSE) Group is reportedly planning on creating a blockchain-based platform that will be offering traditional financial assets. According to a report by mainstream media outlet Financial Times, the company has been looking into the potential of a blockchain-based trading venue for a year. LSE Group’s head of capital markets Murray Roos said that the company’s efforts…
Shibarium hits 1M wallets amid meteoric growth, SHIB yet to catch up
The total number of wallets on Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has surpassed the 1 million mark in a meteoric rise since its relaunch. The milestone — announced in a Sept. 3 blog post by the official Shibarium team — means there were at least 900,000 wallets added since Shibarium’s relaunch on Aug. 28, and only…
Weekly close risks BTC price ‘double top’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) launches its first full week of September with BTC price action at a crossroads — can $26,000 return? After a quiet weekend, the dust has appeared to settle on last week’s volatility as crypto markets return to “business as usual.” Bitcoin finds itself lingering in familiar territory, but without a trend, traders and analysts remain undecided as to…
Digital yuan payment option must be offered in retail scenarios
While China’s central bank digital currency (CBDC) goes through technological and business model upgrades, the market should provide an opportunity to include it in all online retail payment options. The statement was made on Sept. 3 by Changchun Mu, the Director of the Digital Currency Research Institute of the People’s Bank of China. Giving a speech at the annual China…
Artbitrum founder says Stylus is a game changer for EVMs
A recently released tool for Arbitrum developers could onboard more devs to Ethereum Virtual Machines (EVM) and improve its code, says Offchain Labs co-founder Ed Felten. Speaking to Cointelegraph at Korea Blockchain Week, Felten spoke on Arbitrum Stylus which Offchain released on a testnet on Aug. 31 — allowing developers to use languages including Rust, C, and C++ to build…
Shibarium hits 1M wallets amid meteoric growth, SHIB yet to catch up
The total number of wallets on Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has surpassed the one million mark in a meteoric rise since its relaunch. The milestone — announced in a Sept. 3 blog post by the official Shibarium team — means there were at least 900,000 wallets added since Shibarium’s relaunch on Aug. 28, and only…
Court rules in favor of HelbizCoin investors, class lawsuit to go ahead
A United States District Court has allowed a nearly three-year-long class action lawsuit against the creators of HelbizCoin to go ahead, as per a court ruling filed on Sept. 1. The class action suit was first brought against Helbiz, its CEO Salvatore Palella, and its partners in 2020, with an amended complaint filed in March 2022. The case involves an…
FTX wallet shifts $10M in crypto, sparking fear of token dumps to come
The transfer of millions in altcoins has ignited concerns of FTX creating a potential dump across the crypto markets. Source: https://cointelegraph.com/public/index.php/news/ftx-wallet-transfers-crypto-sparks-fear-selloffs-amid-bankruptcy
Matter Labs co-founder proposes ‘Ethereum Supreme Court’ for on-chain disputes
The crypto entrepreneur believes it would scare off bad actors and strengthen the state of the Ethereum network. Source: https://cointelegraph.com/public/index.php/news/matter-labs-founder-proposes-ethereum-supreme-court-on-chain-disputes