Infinex Selects Wormhole as Primary Interoperability Solution
Decentralized finance platform Infinex will utilize Wormhole’s interoperability technology to strengthen its multichain application. As per the most recent statement from Infinex, Wormhole’s integration enables Infinex users to make in-app token transfers. Thanks to Wormhole Connect, the DeFi platform will be able to get rid of the obstacles and difficulties that come with having different […]
FTX Approved to Repay Customers Fully by Bankruptcy Judge
A Delaware judge accepted FTX’s bankruptcy plan, which calls for paying consumers back with interest and cash, despite a demand for in-kind payments. The U.S. District of Delaware Bankruptcy Court’s Judge John Dorsey decided to support FTX’s repayment, which could disburse assets valued up to $16 billion. Ninety-eight percent of creditors had their requests for […]
21.co Teams up with Crypto.com to Enhance Bitcoin Liquidity
The partnership will improve 21.co’s wrapped tokens’ custody and liquidity options, beginning with wrapped Bitcoin (BTC). With wrapped tokens like 21BTC, users can “wrap” the original asset in a smart contract to use Bitcoin on other blockchains, like Ethereum. This enables users to engage with decentralized finance applications and profit from Bitcoin’s value. DeFi is […]
21Shares Urges European Regulator to Bring Regulatory Clarity
21Shares has urged the European Securities and Markets Authority to give institutional and individual crypto investors “much-needed clarity.” In an effort to resolve regulatory disparities around Europe, cryptocurrency investment firm 21Shares is putting pressure on the European Securities and Markets Authority to create more precise rules for cryptocurrency assets in Undertakings for Collective Investment in […]
Worldcoin Deprioritizes Europe Amid GDPR Challenges
Worldcoin is shifting its focus from Europe to Asia to find nations that will be more open to its biometric technology. Sam Altman’s co-founded cryptocurrency biometrics effort, Worldcoin, is moving its focus from Europe to Asia in an attempt to find countries that are more receptive to cutting-edge technologies. The managing director of Worldcoin’s European […]