Ripple and Onafriq to Open New Payment Corridors
Working in conjunction with Onafriq partners, the agreement seeks to facilitate quicker, more affordable transactions among African nations. Per an agreement with African mobile payments provider Onafriq, Ripple will power new payment corridors connecting Australia, the United Kingdom, and the Gulf Cooperation Council (GCC) with 27 African countries. In addition to Ripple Payments, three collaborating […]
Ava Labs Lays Off 12% Workforce to Fund Growth
Ava Labs CEO Emin Gün Sirer emphasized that the company is well-positioned with ample runway and resources at its disposal. The developer of the Avalanche Blockchain, Ava Labs, has verified that in a recent round of staff reductions, it terminated 12% of its workforce, citing the need to reallocate resources. Emin Gün Sirer, the company’s […]
Spot Bitcoin ETF Craze Spurs Blockchain Games
The surge in the value of numerous cryptocurrencies rekindled investor confidence in the Web3 gaming sector and incited a new surge of on-chain activity associated with the industry. The anticipation of a potential spot Bitcoin exchange traded fund (ETF), according to Yat Siu, founder of Animoca Brands, has not only pushed up the price of […]
dYdX Deploys Layer-1 Blockchain
The creation of the genesis block by chain validators marks the successful launch of dYdX’s layer-1 proof-of-stake blockchain. dYdX, a decentralized cryptocurrency exchange, has inaugurated its layer-1 blockchain with the creation of its genesis block, which will utilize DYDX tokens. The dYdX Chain is configured to pay all validator and staker fees in USD Coin. […]
Bitfinex Securities Introduces Tokenized Bond in November
Paolo Ardoino, chief technology officer of Bitfinex and incoming CEO of Tether, stated that the “exciting” initiative signals the beginning of a new era in capital raising. Bitfinex Securities, a platform specializing in the listing of real-world tokenized securities, has announced that it will list its first tokenized bond in November. The new tokenized bond, […]