Chainlink introduces the ‘Chainlink Runtime Environment’ framework
    17 Nov 2024
    266 Views

    Oracle provider Chainlink has revealed the “Chainlink Runtime Environment” — a standard framework for connecting traditional financial architecture, payment systems, and legacy institutions with blockchain protocols and smart contracts within a single, unified ecosystem. According to Chainlink, the unified Chainlink Runtime Environment will encompass the runtime framework previously established by the Common Business-Oriented Language (COBOL)…

    ‘There is a global race underway for Bitcoin’ — Anthony Pompliano
    17 Nov 2024
    305 Views

    Asset manager and investor Anthony Pompliano recently stated that the global Bitcoin arms race between sovereign nations and governments has already started. In an appearance on Yahoo Finance, Pompliano argued that market participants believe President-elect Trump will keep his campaign promises and establish a Bitcoin strategic reserve, and that doing so would be in the best interest…

    Tether mints $1 billion USDt on Tron, pays zero fees — Arkham
    16 Nov 2024
    281 Views

    Tether minted $1 billion in USDt stablecoins on the Tron network and paid no fees for the large transaction, according to data from onchain analytics firm Arkham Intelligence. The analytics platform highlighted the Nov. 14 transaction from a “black hole address” on Tron to Tether’s multisignature wallet beginning with the characters “TBPxh.” Onchain records also show that…

    Financial institutions will drive RWA tokenization’s trillion-dollar growth
    16 Nov 2024
    381 Views

    Financial institutions will be the main drivers of the growing tokenization industry leading up to 2030, which could potentially see more than 50-fold growth. Real-world asset (RWA) tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities around these assets. Large financial institutions will be the…

    EU regulator sets restrictive measure guidelines for crypto providers
    16 Nov 2024
    296 Views

    The European Banking Authority (EBA), Europe’s regulatory agency in charge of addressing weaknesses in the banking sector, published two sets of guidelines, including a specific guide for payment service providers (PSPs) and crypto-asset service providers (CASPs). On Nov. 14, the EBA released guidelines that specify what PSPs and CASPs must do to comply with the European Union’s…

    How to build a cryptocurrency mining rig
    15 Nov 2024
    275 Views

    Key takeaways Building a Bitcoin mining rig in 2024 requires a significant upfront investment and ongoing electricity costs. Joining a mining pool can help offset costs and provide stabler monthly returns compared to solo mining. The type of cryptocurrency you choose to mine will determine your hardware and software requirements, with Bitcoin requiring ASICs, while…