Taiwanese Court Convicts Spies Paid in Crypto by China
In one of the most high-profile spying cases, Taiwan’s top court convicted eight Chinese espionage suspects using crypto to make payments. According to Bloomberg, which cites Taiwan’s Ministry of Justice’s Investigation Bureau, Taiwanese military troops engaged in a significant espionage case were paid with Bitcoin by Chinese intelligence. In what the newspaper refers to as […]
Aptos Teases NFT Collaboration with Rarible
Layer-1 blockchain ecosystem Aptos is preparing to partner with NFT marketplace Rarible as network transactions rise. The layer-1 blockchain network Aptos, which uses the proof-of-stake consensus method, will partner with the non-fungible token marketplace Rarible to accomplish a goal that the blockchain refers to as a “game-changer” for both platforms. A worldwide community manager for […]
DBS Tests Blockchain-Based Government Grant Disbursements
DBS has unveiled a blockchain-powered system that makes use of smart contracts to expedite the distribution of government funds. A report from the local media claims that DBS, in association with Enterprise Singapore and the Singapore Fintech Association, successfully completed the trial. Twenty-seven regional fintech businesses participated in the trial program, and the SFA […]
PayPal Partners with Anchorage Digital to Offer PYUSD Rewards
PayPal has teamed with Anchorage Digital to promote PYUSD despite legal and regulatory issues with stablecoin interest payments. Thanks to this partnership—which Fortune first announced—incentives for institutional investors to hold PayPal’s PYUSD will be provided. Unlike other cryptocurrency organizations that operate under state licenses or as uncontrolled enterprises, Anchorage Digital is the only U.S. crypto […]
Aave Launches on Era Mainnet Powered by Zksync
The ZKSync Era mainnet now supports Aave V3 to provide liquidity and yield for zero-knowledge blockchain ecosystem users. In a blog post, Aave Labs stated that with the launch of Aave V3 on Era, the community could take advantage of cutting-edge ZK technology to gain more access to decentralized finance. Additional institutional use cases, such […]