Payments company American Express has launched blockchain-based stamps for customers as a digital keepsake of their travels. Each travel stamp will be stored as an ERC-721 non-fungible token on the Ethereum layer-2 Base to preserve their travel history and their favorite overseas memories, according to the company’s website. “Part of the magic of travel is reminiscing about…
The London Stock Exchange Group (LSEG) launched a blockchain-based infrastructure platform for private funds, making it the first major global stock exchange to use such a system. The platform, called Digital Markets Infrastructure (DMI), supports the full lifecycle of digital assets, from issuance and tokenization to post-trade settlement. It was developed with Microsoft and runs…
Pakistan has opened the door to international crypto businesses, inviting leading exchanges and virtual asset service providers (VASPs) to apply for licenses under a new federal regime. On Saturday, the Pakistan Virtual Asset Regulatory Authority (PVARA) called on major crypto firms to submit Expressions of Interest (EoIs) to enter the country’s digital asset market, according to a…
Ethereum co-founder Vitalik Buterin has warned against crypto projects using artificial intelligence for their governance process, as malicious actors could exploit the technology. “If you use an AI to allocate funding for contributions, people WILL put a jailbreak plus ‘gimme all the money’ in as many places as they can,” Buterin said in a Saturday X post….
Fabian Dori, the chief investment officer at digital asset bank Sygnum, says that banks offering crypto-backed loans prefer crypto collateral in the form of onchain assets rather than exchange-traded funds (ETFs), and using onchain collateral can benefit borrowers. Dori said that onchain assets are more liquid, allowing lenders to execute margin calls for crypto-backed loans on demand…
Dollar-pegged stablecoins will eventually lose their price tickers, as exchanges abstract away the differently denominated stable tokens on the backend, presenting only a “USD” option to the user, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius. The bidding war for the Hyperliquid USD stablecoin (USDH), and proposals from several firms promising to…
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