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Donald Trump’s Crypto Firm Announces Strategic Token Reserve, Plans to Invest in DeFi
The US President Donald Trump-backed World Liberty Financial (WLF) has said that it will be maintaining a strategic token reserve and use funds from it to invest in promising DeFi projects. The organisation said its aim is to bridge the gap between traditional and decentralised finance.Â
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UAE Government Partners Shiba Inu to Bring Web3 Technology to Public Sector Services
Shiba Inu announced the development on February 4, saying that its decentralised ShibOS operating system can help the UAE government with solutions around sustainable energy, green infrastructure solutions, decentralised finance, smart governance, and AI automation.
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Birla Institute of Management Technology Launches Bimcoin, a Blockchain-Based Campus CurrencyÂ
BIMTECH has designed Bimcoin to facilitate secure and transparent transactions within the institute’s internal ecosystem for students, administrators, and vendors. Unlike conventional financial systems, Bimcoin leverages blockchain’s decentralised nature, ensuring transparency, and incorporating programmable features such as smart contracts, th...
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How Blockchain Fragmentation Can Limit the Compatibility and Scalability of Decentralised Technology
Blockchain fragmentation refers to a situation where the ecosystem of a blockchain is divided into multiple smaller on-chain networks, each designed to facilitate a different task efficiently.
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Tether Backs Arcanum Capital’s Web3 Fund With $2 Million InvestmentÂ
Tether has poured in $2 million (roughly Rs. 17 crore) into Arcanum Capital’s Emerging Technologies Fund II. Arcanum is a Web3-focussed asset management company that provides funding to emerging projects related to blockchain, cryptocurrency, and other Web3 sectors.
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Bluesky, A Platform That Looks And Feels A Lot Like Twitter
Created in 2019, the goal with Bluesky was to build a decentralised standard for social media that Twitter could eventually adopt.
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Millions Leave Musk's X After Trump Win, Shift To Jack Dorsey's Bluesky
With a similar colour scheme and logo, Bluesky is gaining traction as a decentralised alternative to X, attracting around one million new users daily
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UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
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WazirX's Nischal Shetty Aims to Build India's Largest Decentralised Exchange Within 12 Months
This week, WazirX hosted a virtual town hall where founder Nischal Shetty shared that he is considering launching a decentralised exchange (DEX) to complement the existing WazirX platform. According to Shetty, a DEX could help mitigate the risks associated with centralised exchanges.
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Argentina Rolls Out Blockchain-Based Digital IDs to Residents of Capital Buenos Aires: Details
Buenos Aires has officially become the first city in the world to have rolled out a blockchain-based digital identity system for its residents. The system is supported by Layer-2 blockchain called ZKsync.
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Wash Trading Remains ‘Widespread’ in DeFi, Researcher Kaiko Says
The wash trading strategy used to boost the FBI-created token NexFundAI remains a common practice on decentralised-finance exchanges (dexes), and can be encountered on certain centralised exchanges as well, according to researcher Kaiko.
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Google Search Now Supports Ethereum Name Service: Here’s What it Means
As per a fresh update, Google has fully completed the integratigration of Ethereum Name Service (ENS) into Search. Nalin Basu, product manager for Web3 at Google, was the first to confirm the development on X, explaining its utility.Â
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Binance Former Chief Changpeng Zhao Commits to Blockchain Funding Following Release from US Custody
In one of his first public statements posted on X following his release from US custody, Changpeng Zhao hinted that he is looking to fund projects related to blockchain, decentralised technologies, Artificial Intelligence (AI), and biotech.
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What Roles do Liquidity Pools Play in Decentralised Finance (DeFi): Explained
Liquidity pools are like reservoirs of cryptocurrencies locked within blockchain-based smart contracts. Anyone can become a "liquidity provider" for a DeFi protocol by depositing their crypto tokens into these smart contracts, pooling their assets alongside those of other participants.
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India Leads in Crypto Adoption for Second Straight Year, Report Shows
India led the way in global adoption of cryptocurrencies for the second straight year, a Chainalysis report has said. It showed India ranked high on usage of centralised exchange and decentralised finance assets from June 2023 to July 2024.
-
Donald Trump’s Crypto Firm Announces Strategic Token Reserve, Plans to Invest in DeFi
The US President Donald Trump-backed World Liberty Financial (WLF) has said that it will be maintaining a strategic token reserve and use funds from it to invest in promising DeFi projects. The organisation said its aim is to bridge the gap between traditional and decentralised finance.Â
-
UAE Government Partners Shiba Inu to Bring Web3 Technology to Public Sector Services
Shiba Inu announced the development on February 4, saying that its decentralised ShibOS operating system can help the UAE government with solutions around sustainable energy, green infrastructure solutions, decentralised finance, smart governance, and AI automation.
-
Birla Institute of Management Technology Launches Bimcoin, a Blockchain-Based Campus CurrencyÂ
BIMTECH has designed Bimcoin to facilitate secure and transparent transactions within the institute’s internal ecosystem for students, administrators, and vendors. Unlike conventional financial systems, Bimcoin leverages blockchain’s decentralised nature, ensuring transparency, and incorporating programmable features such as smart contracts, th...
-
How Blockchain Fragmentation Can Limit the Compatibility and Scalability of Decentralised Technology
Blockchain fragmentation refers to a situation where the ecosystem of a blockchain is divided into multiple smaller on-chain networks, each designed to facilitate a different task efficiently.
-
Tether Backs Arcanum Capital’s Web3 Fund With $2 Million InvestmentÂ
Tether has poured in $2 million (roughly Rs. 17 crore) into Arcanum Capital’s Emerging Technologies Fund II. Arcanum is a Web3-focussed asset management company that provides funding to emerging projects related to blockchain, cryptocurrency, and other Web3 sectors.
-
Bluesky, A Platform That Looks And Feels A Lot Like Twitter
Created in 2019, the goal with Bluesky was to build a decentralised standard for social media that Twitter could eventually adopt.
-
Millions Leave Musk's X After Trump Win, Shift To Jack Dorsey's Bluesky
With a similar colour scheme and logo, Bluesky is gaining traction as a decentralised alternative to X, attracting around one million new users daily
-
UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
-
WazirX's Nischal Shetty Aims to Build India's Largest Decentralised Exchange Within 12 Months
This week, WazirX hosted a virtual town hall where founder Nischal Shetty shared that he is considering launching a decentralised exchange (DEX) to complement the existing WazirX platform. According to Shetty, a DEX could help mitigate the risks associated with centralised exchanges.
-
Argentina Rolls Out Blockchain-Based Digital IDs to Residents of Capital Buenos Aires: Details
Buenos Aires has officially become the first city in the world to have rolled out a blockchain-based digital identity system for its residents. The system is supported by Layer-2 blockchain called ZKsync.
-
Wash Trading Remains ‘Widespread’ in DeFi, Researcher Kaiko Says
The wash trading strategy used to boost the FBI-created token NexFundAI remains a common practice on decentralised-finance exchanges (dexes), and can be encountered on certain centralised exchanges as well, according to researcher Kaiko.
-
Google Search Now Supports Ethereum Name Service: Here’s What it Means
As per a fresh update, Google has fully completed the integratigration of Ethereum Name Service (ENS) into Search. Nalin Basu, product manager for Web3 at Google, was the first to confirm the development on X, explaining its utility.Â
-
Binance Former Chief Changpeng Zhao Commits to Blockchain Funding Following Release from US Custody
In one of his first public statements posted on X following his release from US custody, Changpeng Zhao hinted that he is looking to fund projects related to blockchain, decentralised technologies, Artificial Intelligence (AI), and biotech.
-
What Roles do Liquidity Pools Play in Decentralised Finance (DeFi): Explained
Liquidity pools are like reservoirs of cryptocurrencies locked within blockchain-based smart contracts. Anyone can become a "liquidity provider" for a DeFi protocol by depositing their crypto tokens into these smart contracts, pooling their assets alongside those of other participants.
-
India Leads in Crypto Adoption for Second Straight Year, Report Shows
India led the way in global adoption of cryptocurrencies for the second straight year, a Chainalysis report has said. It showed India ranked high on usage of centralised exchange and decentralised finance assets from June 2023 to July 2024.
