RedStone Set to Improve Connectivity Between Blockchains
With its new product suite, Redstone wants to make it easier and cheaper for blockchains and other data sources to work together. RedStone, a DeFi oracle platform, has raised almost $7 million to build a faster and cheaper cross-chain oracle for decentralized finance protocols. A press release from Monday said that Coinbase Ventures, Blockchain Capital, […]
Digital Asset Set To Be Explored By Australian Research
Stephen Jones, who is the Assistant Treasurer and Minister for Financial Services, started the digital asset program at the Australian Securities Exchange on Monday. Twenty-five of Australia’s most important institutions has joined forces to start a research program that will take advantage of the opportunities that come with the digital asset. The Digital Finance Cooperative […]
Elon Musk Maintains Position On Terminating Twitter Acquisition
A filing says that the letter from Elon Musk follows one that was sent in July in case the first one is found to be invalid. According to a filing with the U.S. Securities and Exchange Commission on Tuesday, Elon Musk, the CEO of Tesla (TSLA), sent a second letter to cancel his $44 billion […]
Fireblocks Adds Support for Solana Blockchain’s DeFi, NFT, Gaming Apps
Fireblocks CEO Michael Shaulov said that the integration will also spread support for the WalletConnect2 protocol across the Solana ecosystem. The companies said on Tuesday that cryptocurrency custody company Fireblocks has started to help the Solana blockchain’s ecosystem of decentralized finance (DeFi) developers, non-fungible token (NFT) apps, and other Web3 activities. Even though crypto markets […]
Mario Abdo Benitez rejects crypto regulation law
On Monday, Mario Abdo Benitez, the president of Paraguay, rejected a bill that attempted to classify bitcoin mining as an economic endeavor. According to Mario Abdo Benitez, the development of a national industry that is sustainable may be hampered by mining’s high power use. As the country’s mining industry continues to grow as a result […]