Blockchian network congestion results in delayed transaction confirmations, increased costs and a slower user experience.
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How CBDCs and stablecoins can coexist: FIS panel discussion
Eetu Kuneinen argued against CBDCs, as they are “centralized by nature,” saying that certain dangers come with government control.
Stars Arena recovers 90% of exploited funds after onchain negotiations
Stars Arena negotiated with the attacker over the course of four days, eventually recovering 90% of funds in exchange for an agreement not to prosecute.
Trader swaps 131k stablecoins for $0 during USDR depeg
An attempt to withdraw USDR stablecoins amid a liquidity crunch appears to have gone horribly wrong.
Indonesia to conduct blockchain trials for public services
Tuhu Nugraha, who works with the Indonesian government, said the country will soon conduct trials on applying blockchain technology in public service use cases.
Mastercard announces successful wrapped CBDC trial results
The experiment demonstrated that CBDCs could be wrapped to purchase NFTs on blockchains such as Ethereum.
Crypto lending invalidated by Chinese court in second landmark ruling
The plaintiff, Mr. Ming, will have no judicial relief to recoup his 80,000 Tether loan after its borrower defaulted.
Platypus DeFi loses $2.2M in another flash loan exploit
The attack marks the third time Platypus has been exploited in 2023, with one incident taking $8.5 million in February and another taking $157,000 in […]
Coinbase spot trading volume falls by 52% compared to 2022: Report
Coinbase recorded around $76 billion in spot trading volume, sharply declining compared to the same quarter in 2022.
First Abu Dhabi Bank completes cross-border payments testing on JPMorgan Onyx
The FAB pilot follows Bank ABC’s in Bahrain. JPMorgan also just launched its Tokenization Collateral Network on Onyx.