Web3 is about solving business problems, not token prices: Google Cloud exec

    While TradFi is the main source of demand for blockchain tech, digital identity and supply chain are exciting areas too, according to Google Cloud Head of Web3 James Tromans. The crypto industry is far too focused on token prices, rather than figuring out how smart contracts can be used to solve real-world business problems, according…

    Aave, Circle, Base become founding members of Tokenized Asset Coalition

    It’s a big day for asset tokenization, as many of the biggest names in the field announced the formation of an association to further its development. Seven leaders in decentralized finance (DeFi) have banded together to form the Tokenized Asset Coalition (TAC). The new advocacy group will work toward the adoption of public blockchains, asset…

    India G20 confirms ‘active discussions’ around global crypto framework

    Sitharaman said crypto was a “threat as well as an opportunity” while confirming that G20 members are working toward establishing a global crypto framework. Under India’s Group of 20 (G20) presidency, active discussions around establishing a global framework for cryptocurrencies are underway, India’s Minister of Finance, Nirmala Sitharaman, said. On Aug. 28, Indian Prime Minister…

    Matter Labs co-founder proposes ‘Ethereum Supreme Court’ for on-chain disputes

    The crypto entrepreneur believes it would scare off bad actors and strengthen the state of the Ethereum network. Matter Labs co-founder and CEO Alex Gluchowski has proposed an Ethereum court system resembling a hierarchical court system similar to the real world. In a Sept. 2 post on X (Twitter), Gluchowski floated the idea for an “Ethereum Supreme Court” —…

    IBM offers guidance for successful implementation of digital euro

    Five members of IBM Consulting created a list of points that the European Commission could consider to optimize its proposed digital euro legislation. IBM has some ideas about what it will take to make the digital euro a success, which it shared in a recent blog post. It suggested five items for designers to help…

    Shibarium wallets surpass 100K after SHIB devs relaunch bridge

    Shytoshi Kusama, the co-founder of the SHIB token, said the bridge was fixed with the help of Polygon Labs co-founder Sandeep Nailwal. Shibarium, a new layer-2 blockchain for Shiba Inu, has surpassed 100,000 wallets on its platform, with 35,000 coming within 24 hours of Shibarium’s relaunch on Aug. 28. Shytoshi Kusama, the lead developer and co-founder…