Revolut delays ‘RevCoin’ crypto launch after FTX crisis
Revolut will reportedly suspend plans to launch its crypto token amid the sudden downfall of crypto exchange FTX. Revolut, a London-based financial technology startup, will reportedly postpone the launch of its cryptocurrency token in light of the abrupt collapse of crypto exchange FTX, which sent shockwaves across the sector. Anonymous sources told the Financial News […]
ENS DAO considers proposal to auction 10,000 ETH for USDC
A member of the Ethereum Name Service (ENS) DAO has suggested in a governance proposal that the organization liquidates 10,000 ether. In a governance proposal, a member of the Ethereum Name Service (ENS) DAO, which stands for decentralized autonomous organization, requested that the group sell 10,000 ether (ETH) to pay for operating expenses over the […]
Spain launched euro-pegged stablecoin trials
The Central Bank of Spain has issued EURM trial authorizations to Monei expected to last between six to twelve months. A six to twelve month experiment of a stablecoin (EURM) denominated in euros has been approved by the Central Bank of Spain. The ECB’s digital euro plan will be built on the results of the […]
DEX Aggregator 1inch Network Launches New Hardware Wallet
DEX aggregators, 1inch Network, has now released its own multi-coin hardware wallet, further diversifying its ecosystem. The project is nearing completion and is scheduled to debut later this year. With funding from the 1inch Network Foundation, the company’s autonomous and committed staff is developing the wallet. The release contains an example image and a thorough […]
Busan City To Launch Digital Commodities Exchange
Busan, South Korea’s second-largest city, announced that it would launch the world’s first decentralized digital commodity exchange. The world’s first decentralized digital commodity market, in which all goods are tokenized and sold based on blockchain, will debut in Busan, South Korea, by the second half of 2023. The exchange will begin by tokenizing intellectual properties […]