UBS Pilots Blockchain-Based Payment System
UBS has successfully piloted its blockchain-based payment system to improve the effectiveness of international transactions. In an effort to increase the effectiveness of cross-border transactions, multinational financial firm UBS has finished a trial of its blockchain-based payment system, known as “UBS Digital Cash.” The Zurich-based bank said in a news release on Nov. 7 that […]
Spark Launches First On-chain Orderbook on Ethereum
Spark has launched a fully on-chain orderbook for Ethereum using layer-2 chain Fuel Network technology. A press statement states that as decentralized finance sees a comeback, Spark has introduced its on-chain order book for the Ethereum ecosystem to offer quick execution for advanced retail, institutional, and professional traders. An order book is a digital list […]
HashKey Announces New Launch Date for HSK Native Token
HashKey stated that its native token, HSK, will be open for deposits on November 7 and that spot trading in HSK/USDT will begin on November 26. The HashKey statement states that the token of the digital asset exchange would be listed on the HashKey Global Innovation Zone. All HashKey operations will use the HSK token, […]
Router Chain Partners with Symbiotic for Cross-Chain Security
Symbiotic and Router Chain, a web3 chain abstraction platform supported by venture finance, are collaborating to improve shared security across decentralized networks. The partnership seeks to satisfy security requirements for users interacting with various ecosystems. Router Chain, which announced the collaboration on November 7, claims that Symbiotic’s permissionless shared security network will be essential to […]
Gary Gensler Urged to Resign as SEC Chair
The ASA called for SEC Chair Gary Gensler’s resignation, citing overregulation and harm to small businesses. Recently, the American Securities Association (ASA) issued a plea for Gary Gensler, the chair of the Securities and Exchange Commission, to resign immediately. He emphasized that such a change in the SEC’s management would align with the voters’ recent […]