Cointelegraph By Zhiyuan Sun
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Volvo’s parent company establishes blockchain joint venture headquarters in Wuxi, China
Cointelegraph By Zhiyuan Sun - 0
On Tuesday, privacy blockchain Concordium and Geely Holding, a Chinese multinational automotive car company that owns brands such as Volvo, announced the creation of a joint blockchain venture with headquarters in Wuxi, China. The project aims to develop blockchain technologies and improve blockchain standards, mainly in the automotive...
Euroclear invests in Fnality to advance digital ledger technology strategy
Cointelegraph By Zhiyuan Sun - 0
On Monday, Euroclear, a securities clearing firm that claims it has over 37.6 trillion euros in assets under custody, announced an investment into Fnality, a consortium of financial institutions focused on the regulated adoption of tokenized assets and marketplaces, for an undisclosed amount. Meanwhile, Euroclear is also focusing...
Central Bank of Russia issues digital asset license to Sberbank in apparent policy reversal
Cointelegraph By Zhiyuan Sun - 0
Less than two weeks after the Central Bank of Russia, or CBR, reiterated its position proposing to ban the issuance, mining and circulation of cryptocurrencies in Russia, it appears to have reevaluated its policy. In a press release published on Thursday, the CBR added the country’s biggest lender, Sberbank,...
RBI seemingly wants to ban cryptocurrencies, but not for the reasons you might think
Cointelegraph By Zhiyuan Sun - 0
It appears the root cause of concern is the potential for digital assets to disrupt the rise of India as a global power.
By: Cointelegraph By Zhiyuan Sun
cointelegraph.com
According to a recent job posting, Visa is inviting new college graduates to join its 18-month rotational Crypto Development Program. Applicants will alternate between the three departments of Visa's current crypto ecosystem: crypto product, crypto solutions and digital partnership, where they are given training, development, mentoring, networking and...
Ethereum Merge testing on Kiln mostly successful, save for one minor bug
Cointelegraph By Zhiyuan Sun - 0
On Tuesday, Ethereum (ETH) developer Tim Beiko tweeted that Kiln successfully passed the Ethereum Merge, with validators producing post-merge blocks containing transactions. Kiln will be the last Merge testnet (formerly Ethereum 2.0) before existing public testnets are upgraded. "Merge" involves taking Ethereum's Execution Layer from the existing Proof...
ConsenSys raises $450M in Series D funding, doubles valuation in four months
Cointelegraph By Zhiyuan Sun - 0
On Tuesday, ConsenSys, the leading Ethereum and decentralized protocols software company with product suites such as MetaMask, Infura and Truffle, announced the close of a $450-million Series D funding round led by ParaFi Capital. Notable new investors included Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures and...
On Friday, Do Kwon, founder and CEO of Terraform Labs (TFL), which develops the blockchain ecosystem consisting of Terra Luna (LUNA) and the TerraUSD stablecoin (UST), announced that TFL had donated 12 million LUNA ($1.1 billion at the time of publication) to the Luna Foundation Guard (LFG). LFG...
Fantom Foundation issues clarification statement about departure of Andre Cronje and Anton Nell
Cointelegraph By Zhiyuan Sun - 0
Recently, media outlet Rekt.news made striking accusations about Fantom Opera, a layer-1 blockchain, after the foundation’s technical adviser Andre Cronje and senior solutions architect Anton Nell announced they were leaving the crypto space entirely. Almost immediately, concerns from the community arose after Nell tweeted, “There are around ~25 apps and...
Tracked crypto donations to Ukraine surge to $108M as Kraken, Bored Ape joins in
Cointelegraph By Zhiyuan Sun - 0
On Wednesday, total crypto donations across Ukrainian government wallet addresses, charities, and relief efforts tracked by Cointelegraph has reached $108 million. The top three recipients of such funds included the official Bitcoin (BTC) and Ethereum(ETH) wallet addresses of the Ukrainian government, and a BTC donations address for Come...