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Jam-Dex: Jamaica’s CBDC to Transform the Transportation Sector

Jam-Dex: Jamaica’s CBDC to Transform the Transportation Sector

Jamaica’s central bank digital currency, Jam-Dex, is set to revolutionize how people pay for public transportation in the island nation. Local bus and taxi operators are eager to integrate Jam-Dex into their operations, as it offers convenience, security, and cost-efficiency. Jam-Dex is the name of Jamaica’s central bank digital currency (CBDC), launched by the Bank […]

Delio Admits to Losing Millions After Suspending $67.95M Deposits

Delio Admits to Losing Millions After Suspending $67.95M Deposits

Delio, a South Korean crypto-finance platform, has disclosed its deposit figures and loss projections for the first time since it halted withdrawal services in June. The company faces a challenging situation as it tries to recover from the losses and compensate its users. According to a statement from Delio, the platform’s deposits stand at approximately […]

Ethereum Client Nethermindv Prepares for Holesky Testnet Launch

Ethereum Client Nethermindv Prepares for Holesky Testnet Launch

Nethermindv, a leading Ethereum client, has announced the release of its new version, v1.20.2, which is ready to support the upcoming Holesky testnet. Holesky is a new public testnet that will replace Goerli as the main platform for Ethereum staking, infrastructure, and protocol development. The testnet is expected to launch on September 15, 2023, at […]

Grayscale Bitcoin Trust Surges After Court Victory Over SEC

Grayscale Bitcoin Trust Surges After Court Victory Over SEC

Grayscale Bitcoin Trust (GBTC), the largest bitcoin investment vehicle in the world, saw its share prices soar by 17% after a favorable court ruling against the U.S. Securities and Exchange Commission (SEC) over its bid to convert to a spot bitcoin ETF. This is the latest development in the long-awaited quest for a bitcoin ETF […]

Echooo Wallet Reaches 10K Accounts on zkSync Chain

Echooo Wallet Reaches 10K Accounts on zkSync Chain

Echooo wallet, a smart contract wallet for arbitral-compatible applications, has achieved two milestones: surpassing 10,000 accounts on the zkSync chain and raising $15 million in funding from Skyview and other investors. Echooo wallet, a smart contract wallet that allows users to access various arbitral-compatible applications (AA) on the blockchain, has announced two major achievements. The […]