1inch Unveils Cross-Chain Swap Feature
1inch has introduced a cross-chain swap feature called “Fusion+,” enabling users to trade assets while maintaining self-custody. A new feature that lets users trade their digital assets cross-chain while keeping self-custody of the assets was unveiled by Decentralized Exchange (DEX) 1inch. To deliver swaps, the “Fusion+” functionality combines offchain and onchain liquidity. According to the […]
Australia’s Central Bank Unveils 3-Year Wholesale CBDC Roadmap
The Reserve Bank of Australia has announced a three-year plan to develop a wholesale CBDC, focusing on digital money and infrastructure. A three-year proposal to establish a wholesale central bank digital currency (CBDC) has been unveiled by the Reserve Bank of Australia (RBA). Assistant Governor Brad Jones presented the bank’s priorities on September 18, 2024, […]
BitGo to Launch USDS Stablecoin with Liquidity Rewards
BitGo will launch the USDS stablecoin in January 2025, backed by Treasury bills, repos, and cash, aiming to enhance liquidity and reward institutional participants. With the USDS Stablecoin, BitGo plans to introduce a novel financial instrument that would reward institutions who support the stablecoin ecosystem, hence increasing market liquidity. With this novel strategy, USDS hopes […]
Binance Backs Terra Classic Upgrade to Improve User Experience
Binance will support the Terra Classic (LUNC) network upgrade, temporarily suspending deposits and withdrawals at 13:15 local time, while trading remains unaffected. Binance declared its support for the impending Terra Classic (LUNC) network upgrade, which is scheduled to take place at a block height of 19,850,000 at approximately 14:15 local time. Beginning at 13:15 on […]
Nigerian Think Tank Partners with Japanese Firm on Blockchain Research
The Nigerian Institute of Social and Economic Research (NISER) has partnered with Japanese firm Soramitsu to enhance blockchain expertise, focusing on SORA, CBDCs, and Hyperledger Iroha. Building a Blockchain Knowledge Base In order to improve the research faculty’s proficiency with blockchain technology, the Nigerian Institute of Social and Economic Research (NISER) has teamed with the […]