Solana Launches New Tool for Developers
Solang, the code compiler that will assist close the gap with Ethereum’s Solidity developers, has been released by the Solana protocol. The developers of the quick and scalable Solana blockchain, Solana Labs, have released Solang, a programming tool that complies with Solidity. Solana Labs hopes that the launch of Solang will increase developers’ access to […]
ASIC Cancels FTX Australia’s License Amid Crypto Regulation
The local affiliate of the defunct cryptocurrency exchange, FTX Australia, has had its banking license canceled by the Australian financial regulator. The revocation was notified on July 19 by the Australian Securities and Investments Commission (ASIC). It becomes effective on July 14.Until July 12, 2023, the exchange will be permitted to provide a limited range […]
Shinhan Bank Completes Stablecoin Remittance Pilot
South Korea’s Shinhan Bank has accomplished the second proof-of-concept using stablecoins for international remittances. The project also included participation from an unnamed Taiwanese financial institution and the SCB TechX division of Siam Commercial Bank. Real-time settlement and foreign exchange integration with the national currencies of the banks were carried out as part of the project […]
Celsius Estate Reaches Settlement with Series B Holders
The sale of cryptocurrency custodian GK8 will net $25 million for bankrupt cryptocurrency lender Celsius and its Series B investors. In a late-Monday filing, it was said that $24 million of the Settlement would be used to cover legal costs and that the remaining $1 million would be distributed among the holders of Series B. […]
Binance Announces Arkham Token Sale on Launchpad
Centralized crypto exchange Binance announced that Arkham (ARKM) will become its 32nd token sale project on its launchpad platform. The Arkham (ARKM) token sale officially began on July 17 on Binance’s launchpad, the 35th project on the platform and the largest cryptocurrency exchange in the world by trading volume. The debut of ARKM, however, will […]