Starknet Prepares for First Mainnet Inaugural Staking Vote
Starknet, a decentralised layer-2 scaling solution based on Ethereum, is preparing to conduct its inaugural staking vote on the mainnet for native STRK token holders. The network will implement a staking mechanism in September to enhance and decentralise its functionality. The date of the staking launch has yet to be established; however, it is anticipated […]
Status Becomes Linea’s First Contributor for Open-source L2 Rollup
Linea, a layer-2 solution that operates on the Ethereum blockchain, has announced Status as the first contributor to its open-source L2 roll-up initiative. Status, a global collective that builds a digital platform for inclusive communities, has partnered with Linea to establish the Status Network, according to a press release shared with Cointelegraph. “Status will be […]
State Street to Set up Digital Asset Platform for Institutional Clients
On August 20, State Street, a financial services and asset management firm with $4.4 million in assets under management, disclosed its intention to establish a digital asset platform for institutional clients. In partnership with Taurus, a digital asset infrastructure provider, the platform will provide institutional clients with tokenisation services, node administration, and custodial services. Lamine […]
Hong Kong Issues AI Guidelines for Consumer Protection
Hong Kong Monetary Authority (HKMA) introduced additional principles to address the growing adoption of GenAI. The Hong Kong Monetary Authority (HKMA) has established a set of guiding guidelines for the use of generative artificial intelligence in consumer-facing apps in order to protect end-users. The Hong Kong Monetary Authority (HKMA), which is Hong Kong’s central banking […]
Tether Mints $1B USDT on Tron Network
The new tokens were transferred to Tether’s Treasury wallet, likely for future issuance. The stablecoin issuer Tether has produced another one billion USDT tokens on the Tron network. This brings the total amount of USDT tokens minted over the past year to $33 billion. On August 20, blockchain data revealed that Tether had issued one […]