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The Blog

Welcome to our little corner of the Internet. Kick your feet up and stay a while.

Circle’s USDC stablecoin to launch on Sui network

Flyhightechno September 17, 2024News

The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol. Source link

Blockchain could help UK’s $14.5T payments sector, says trade group

Flyhightechno September 17, 2024News

Trade group UK Finance hailed experiments on the Regulated Liability Network as a success but called for further talks with regulators to develop the system. Source link

Base DeFi project disappears after rug pull

Flyhightechno September 17, 2024News

BaseBros Fi, a DeFi protocol on the Base blockchain, vanishes after stealing user funds via an unaudited contract. Source link

Bybit bags provisional crypto license from Dubai regulator

Flyhightechno September 17, 2024News

The Virtual Asset Regulatory Authority (VARA) has granted Bybit a non-operational license to serve retail and institutional crypto investors in Dubai. Source link

Crypto firms airdrop tokens to support Vietnam typhoon victims

Flyhightechno September 17, 2024News

Binance will start sending tokens on Sept. 16, while KuCoin will start delivering their token donations on Sept. 18. Source link

Tether USDT’s market share rises 20%, reaching 75% in two years

Flyhightechno September 17, 2024News

The world’s largest stablecoin issuer generated around $400 million worth of revenue during the past 30 days. Source link

Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded

Flyhightechno September 17, 2024News

Kraken rejects the SEC’s securities allegations, Brazil lifts the freeze on Starlink’s bank account, the UK clarifies crypto property rights, and Coinbase backs NFT’s legal defense. Source link

VC Roundup: Asylum Ventures launches $55M fund to back startup “artists,” not assets

Flyhightechno September 16, 2024News

This edition of Cointelegraph’s VC Roundup features Asylum Ventures’ new fund, as well as startups Puffpaw, Permissionless Labs, Infinit, DRiP, IN1 and DeFi.Gold. Source link

41 firms join BIS Project Agora to advance unified ledger applications

Flyhightechno September 16, 2024News

The large private companies will work with seven central banks on improving structural inefficiencies in international transfers. Source link

Risc Zero aims to bring blockchain security to ‘any’ off-chain app

Flyhightechno September 16, 2024News

Next-gen zero-knowledge proofs are “orders of magnitude” cheaper than existing options, Risc said. Source link

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