Binance releases urgent patch to fix the cross-chain infrastructure after attack

Binance developers have today announced the release of the temporary urgent patch v1.1.16. The patch will fix the cross-chain infrastructure between the BNB Beacon Chain and the BNB Smart Chain after the recent $100 million cross-chain exploit. The patch will re-enable cross-chain communication which had been temporarily hampered after the attack. The v1.1.16 patch is […]

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Coinbase gains regulatory approval to offer crypto services in Singapore

Crypto exchange Coinbase has announced in a press release that it has received preliminary regulatory approval from Singapore’s monetary authority (MAS) to offer crypto services in Singapore. Following the in-principle approval, Coinbase can now offer “regulated digital payment token products and services in Singapore.” Following the approval in Singapore, Coinbase has become one of the […]

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Ethereum could face a liquidity crisis soon, says Cardano’s Charles Hoskinson

Cardano founder Charles Hoskinson believes that the inability to unstake ETH tokens until the next major upgrade could lead to a liquidity crisis for Ethereum. Cardano founder Charles Hoskinson discussed some of the flaws affecting Bitcoin and Ethereum in a recent interview with Cointelegraph. The Ethereum network migrated to a proof of stake mechanism after the […]

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Ethereum Staking Popularity on the Rise, Ether (ETH) Loses Grip of $1,300 Price Mark

Ethereum mainnet successfully integrated with Beacon Chain last month, bringing the entire chain to a proof-of-stake consensus model that has made the new network iteration up to 99.9% energy efficient. The project’s co-inventor Vitalik Buterin confirmed that the next objective is addressing the scalability issue that is part of the blockchain trilemma. Speaking at Circle’s […]

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OECD Presents Crypto Reporting Framework for Upcoming G20 Summit

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Organisation for Economic Co-operation and Development announced this Monday it prepared a new Crypto Asset Reporting Framework (CARF). CARF is meant to provide guidance for the automatic exchange of information between countries and […]

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MakerDAO’s $500M US Treasuries and Bonds Investment a New DeFi-TradFi Pipeline?

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a surprising move, MakerDAO has voted to invest $500 million outside the DeFi ecosystem. As the issuer of the fourth largest stablecoin, Maker treasury is turning to US Treasuries and corporate bonds amid […]

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DeVenture: Bringing Transparency and Security to Startup Funding

<p>Blockchain technology is reshaping the world as we speak. From education to entertainment, finance, gaming, arts, retail, and media, almost every industry has experienced the benefits of blockchain. However, there is more to this groundbreaking technology than we usually notice – and one such case is how blockchain is rapidly changing the startup fundraising scene […]

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Digital Securities Platform Update – Blockstation, Tokeny, and Securitize

Interested in digital securities and wondering what developments have been taking place within the sector?  The following are a few recent announcements which flew under the radar. Blockstation – A New CEO Toronto based Blockstation has just announced a change in leadership.  Cofounder and CTO, Jai Waterman, has officially transitioned in to the role of […]

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