Nocturne Privacy Protocol Announces Shutdown
Nocturne’s privacy protocol closes and would allow withdrawals by month’s end. The withdrawal process is to transition to self-service via a GitHub repository afterward. Nocturne, a privacy protocol in which Vitalik had invested, has recently announced that it will progressively cease operations after halting the privacy protocol it established last year. The Privacy Protocol Nocturne […]
PayPal’s PYUSD Now Available on Solana Blockchain
PayPal has made its initial foray outside the Ethereum ecosystem by introducing its stablecoin PYUSD on the Solana Blockchain and targeting payment use cases. A statement published on May 28 states that including PYUSD in the Solana network enables users to conduct transactions at a reduced expense. The effort is to broaden the application of […]
Deutsche Bank To Use Blockchain to Reduce Margin Compression
With passive investment products influencing fee revenues, Deutsche Bank is looking to innovate and adapt to shifting market dynamics by leveraging blockchain technology. Deutsche Bank AG, a German banking giant, intends to implement blockchain technology to address margin compression issues throughout the financial services industry. Consequently, the bank has initiated testing of a platform that operates […]
Mainnet Mysticeti Upgrade Lifts Sui Network (SUI) 26%
Sui Network is on a bullish rampage today, having surged 23% in the past week in response to the Mysticeti test upgrade. The Sui Network’s overall bullish price trend has been extended following the announcement of a substantial upgrade that went live on its testnet. Implementing the Mysticeti enhancement on the mainnet, Sui Network announced on […]
Peaq Selected for Award-Winning Mastercard Program
Peaq, a blockchain that operates at the layer 1 level, has announced its participation in the Mastercard Start Path project. According to representatives of Peaq, a layer 1 blockchain for real-world assets (RWAs) and decentralized physical infrastructure networks (DePINs), the payment giant’s program is intended to assist promising advanced-stage projects across a range of fintech […]