Shanghai Unveils Ambitious Blockchain Goals
Shanghai has revealed a thorough action plan in an effort to hasten the city’s adoption of blockchain technology by 2025. In line with China’s continuous support for domestic blockchain solutions, despite the crypto prohibition enacted last year, this program is a part of Shanghai’s larger effort to foster web3 technologies. According to a statement from […]
Chainlink CCIP Goes Live on Base
Chainlink (LINK) has announced the adoption of its Cross-Chain Interoperability Protocol (CCIP) on Base, Coinbase’s layer-2 scaling solution for Ethereum. The capacity to send messages, manage token transfers, and execute other transactions across different blockchain systems is improved thanks to this advancement, which gives Base developers a way to create cross-chain services and apps. Chainlink’s […]
Crypto Exchange SDX Adds Regional Swiss Bank
Hypothekarbank Lenzburg, a local Swiss bank with over $7 billion in assets, joined Six Digital Exchange (SDX) as the sixth Swiss bank. Other Swiss banks, including Berner Kantonalbank, Credit Suisse, Kaiser Partner Privatbank , UBS, and Zürcher Kantonalbank, have been integrated into SDX’s parent company, Six Group. After joining SDX’s central securities repository, Hypothekarbank Lenzburg […]
Coinbase CEO Criticizes Chase UK Crypto Ban
Amidst escalating legal issues in the United States, Coinbase CEO Brian Armstrong has been pursuing the exchange’s expansion goals in the United Kingdom. The chief executive officer of major cryptocurrency exchange in the United States, Coinbase, Brian Armstrong, has criticized Chase UK’s decision to restrict crypto-related transactions. Brian Armstrong criticized Chase Bank on X (formerly […]
Curve Finance Founder Settles Aave Loan, Cutting Debt to $42.7M
Curve Finance founder Michael Egorov recently settled his loans on the lending platform Aave, reducing his debt to $42.7 million across other DeFi protocols. According to the on-chain analytics platform Lookonchain, the proprietor of Curve deposited 68 million CRV tokens, worth $35.5 million, to the lending protocol Silo and borrowed 10.77 million in crvUSD stablecoin […]