Designed to operate on top of the Bitcoin blockchain, layer-2s are emerging rapidly, fueled by years of innovation in the Ethereum ecosystem. Now, they promise to bring decentralized finance (DeFi) solutions to the original blockchain. Despite locking millions in value onchain in a few months, Bitcoin layer-2s are still in their infancy. As with any…
Slovenia has issued the first digital sovereign bond in the European Union. The bond was issued and placed by BNP Paribas. It had a nominal size of 30 million euros ($32.5 million) with a 3.65% coupon and maturity date of Nov. 25, according to the Slovenian Finance Ministry. BNP Paribas used its Neobonds platform for the July…
The Netherlands-based digital asset exchange One Trading has received an Organized Trading Facility license from the Dutch Financial Markets Authority (AFM). With that license, the exchange will be able to introduce several new financial products to Europe, including onshore crypto futures trading. In addition, One Trading will become the only perpetual futures trading platform in…
The University of Wyoming is launching the UW Bitcoin Research Institute in August. The new institute aims to provide “high-quality peer-reviewed” studies about Bitcoin. Bradley Rettler, a Bitcoin activist and Associate Professor at the University of Wyoming, announced the new institute on X on July 28. He will serve as the institute’s director. Rettler described the current…
In a move aimed at bolstering regulatory oversight and mitigating financial risks, the Swiss Financial Market Supervisory Authority (FINMA) has proposed new guidelines for stablecoin issuers. The proposal comes amid growing concerns over the potential impact of stablecoins on regulated institutions and the broader financial ecosystem. According to a recent guidance document, FINMA seeks to classify…
Casper Network, a blockchain platform recognized for its approach to decentralized applications, experienced a security breach, resulting in a temporary halt of all operations to address and contain the issue. The Casper Network team discovered the breach and promptly collaborated with validators to suspend the network. This measure was implemented to reduce the impact of the security…