FTX US purchases Embed Financial Technologies for its stock offering
FTX US subsidiary as part of a deal aimed at “improving” the company’s stock offering has purchased Embed Financial Technologies. FTX US said in a statement on Tuesday that it will buy Embed Financial Technologies and its subsidiary, clearing firm Embed Clearing, for an undisclosed sum “subject to usual closing conditions and regulatory approval.” FTX […]
Cardano developers postpone long-awaited Vasil hard fork by a month
The blockchain engineering group behind the Cardano network, Input Output Hong Kong (IOHK), has published some “disappointing news,” citing a one-month delay to the long-awaited Vasil upgrade. According to Cardano co-founder Charles Hoskinson, the Vasil upgrade would give a “huge performance gain to Cardano” and its smart contract capabilities. It was originally scheduled to close […]
Israeli central bank experiments with CBDC, smart contracts, privacy
The Israeli central bank published the findings of a lab experiment that looked at user privacy and the usage of smart contracts in payments. as part of its first technology attempt with a central bank digital currency (CBDC). The experiment’s initial stage simulated a car sale in a two-tier structure with an intermediary payment service […]
President of Colombia shows support for Bitcoin
Gustavo Petro, the newly elected president of Colombia, has previously expressed support for cryptocurrency following his comment “Virtual currency is pure information and therefore energy,” as regards mining crypto in Colombia. After winning the second round of a run-off election on Sunday, Petro will succeed Iván Duque Márquez as president of Colombia for the next […]
Uniswap buys NFT marketplace aggregator Genie
On June 21st, Uniswap exchange announced the acquisition of Genie, an NFT marketplace aggregator. This move is part of Uniswap’s objective to enable universal ownership and trade on its platform. Uniswap is now integrating NFTs into its product line, starting with the Uniswap web app and progressing to developer APIs and widgets in the future. […]