Linea Network Invites Users to Join Liquidity Mining Event
Linea Network, a Layer2 network developed by ConsenSys, has announced its latest initiative – Voyage Event Wave 5, a liquidity-focused event that will run until December 18th. The event aims to attract more users and transactions to the network as well as reward participants for contributing to liquidity pools. Linea Network is powered by ConsenSys, […]
Societe Generale Issues €10m Digits Green Bond on Blockchain
Societe Generale, a global financial corporation based in France, launched its inaugural digital green bond on a blockchain network. The Paris-based banking business reportedly possesses senior preferred unsecured notes with a three-year maturity valued at close to $11 million on the Ethereum (ETH) blockchain. Generali Investments and AXA Investment Managers “fully subscribed the related security […]
Crypto.com Secures FCA Nod for E-Money Offerings in UK
Crypto.com has secured authorization as an Electronic Money Institution (EMI) from the UK’s Financial Conduct Authority (FCA). Currently, European central banks regulate and accept electronic money as a digital replacement for fiat money. E-money, like conventional bank-issued currencies, is intended to make transactions easier and serve as a means of payment. The most recent event […]
Circle Proposes Recoverable Token Standard to Address Crypto Theft
According to the stablecoin startup, irreversible cryptocurrency transactions have resulted in significant losses for millions, making a new digital asset with more flexibility necessary. The CEO of Circle, the company that issues USD Coin (USDC), Jeremy Allaire, announced the introduction of two new on-chain solutions designed to thwart asset theft and other illegal activities. According […]
Bukele to Bitcoin Critics: Apologize or Retract
El Salvador President Nayib Bukele has called on the critics of his country’s bitcoin strategy to apologize, as the nation’s portfolio is now in the green. Bukele claims that El Salvador has made more than $3 million in profit from its bitcoin holdings and has no intention of selling. El Salvador made history in September […]