One of the wallets available in The Open Network (TON) ecosystem announced that it would support crypto assets on the Tron blockchain. On Sept. 23, self-custodial wallet MyTonWallet said it would integrate Tron to support assets within its network. This includes the network’s native token, Tron, Tether’s USDt and other tokens using the TRC-20 standard….

As recent crypto hacks expose security vulnerabilities in cross-chain bridges, the community is exploring alternative approaches to achieving interoperability. One project has introduced an innovative feature called “tunneling,” designed to link the two largest networks in the crypto space. Jeff Garzik, an early core Bitcoin developer, founded the Hemi Network, a blockchain protocol that aims…

A number of emerging economies across Africa have the potential to become digital asset hubs. Simultaneously, the cost of compliance for crypto exchanges is increasing as regulatory clarity emerges, according to Ben Caselin, chief marketing officer of VALR, a crypto exchange based in Johannesburg, South Africa. “South Africa is the entryway to the rest of…

Despite the growing adoption of cryptocurrency, investors shouldn’t get too comfortable trusting marketing and should always do their own research, according to Amanda Cassatt, the founder of Web3 marketing firm Serotonin. “Marketing is a mechanism for perpetrating the fakery and the scams, and I think people should be very skeptical and do their own research,”…

International Monetary Fund (IMF) staff members have issued a guide for policymakers and banking institutions on ways to increase the uptake of central bank digital currencies (CBDCs) globally. The IMF issued the “Central Bank Digital Currency Adoption Inclusive Strategies for Intermediaries and Users” paper on Sept. 21. The paper recommended implementing inclusive strategies for intermediaries…

Crypto firms should never carelessly trust their engineers to upload code without an external review first, says JP Richardson, CEO of the self-custodial crypto platform Exodus. He argued that this is essential to stop bad actors, who are becoming more sophisticated in tricking crypto firms into giving them jobs, from uploading malicious code to the…

Australian energy tech company Powerledger has announced its expansion into the Solana ecosystem, claiming it shares common values with the blockchain network amid wider interest in Regenerative Finance (ReFi). “At the heart of both Powerledger and Solana is a shared vision of innovation, sustainability and transparency — values that are becoming increasingly critical as the…

Coinbase’s country director for Singapore, Hassan Ahmed, recently announced plans to bring Coinbase’s new “cbBTC” — a wrapped Bitcoin asset — to the Solana network at the Breakpoint 2024 event. No date was specified for the launch of the Bitcoin token during the announcement. Ahmed told the audience: “We recently launched cbBTC on base, but…

BingX — a popular cryptocurrency exchange — has announced that withdrawal services on the platform will resume on Sept. 21, 2024, for certain digital assets. According to the exchange’s announcement, withdrawals for Tether’s US dollar stablecoin, Circle’s US dollar stablecoin, Bitcoin, Ethereum, Tron, and Solana will resume first followed by withdrawal services for other tokens and…

Tether’s lack of third-party audits is raising investor concerns about a potential FTX-like liquidity crisis from the $118 billion stablecoin giant. Investor concerns are mounting around Tether, the issuer of the world’s largest stablecoin USD₮. Cyber Capital founder Justin Bons, who shared his concerns about Tether being a potentially bigger scam than FTX, catalyzed the…