Tag: business

BNB Beacon Chain mainnet is set to undergo the “ZhangHeng” hard fork around July 19, which will bring new upgrades aimed at improving security. The Binance-operated BNB Beacon Chain mainnet is set to add a new feature in its upcoming hard fork, which will give the blockchain the ability to “halt” the production of new…

An innovative pilot program aims to enable users to tokenize real estate assets and utilize them as collateral for loans, leveraging Ripple’s CBDC platform. Digital payments and blockchain technology company Ripple Labs has announced an initiative to transform the real estate industry using tokenization. Antony Welfare, central bank digital currency (CBDC) adviser at Ripple, highlighted the…

According to a JPMorgan report, spot Bitcoin ETFs have been available in Canada and Europe without drawing large investor interest. A possible approval of a spot Bitcoin exchange-traded fund (ETF) won’t be a game changer for crypto markets, although it might benefit the leading cryptocurrency, according to a report by JPMorgan managing director Nikolaos Panigirtzoglou….

The institution cited rising exploits against DeFi as a need for more secure CBDCs. On July 7, the Bank for International Settlements (BIS), a financial institution owned by constituent central banks, published a framework for defending central bank digital currencies (CBDCs) against cybersecurity threats. The BIS wrote: “Recent examples of smart contract hacks, which have led to…

As an emerging technology, how can zero-knowledge proofs remedy many issues across the crypto space? Zero-knowledge proofs (ZK-proofs) are a key technology explored by many in the crypto industry. A zero-knowledge protocol is a cryptographic method that allows one party to prove to another party that something is true without revealing any information. The technology…

The CEO of the world’s largest asset management firm, Larry Fink, spoke on BlackRock’s spot Bitcoin ETF filing and the potential benefits of crypto. Larry Fink, the CEO of BlackRock, has delivered pro-crypto remarks amid the asset manager applying to list a spot Bitcoin exchange-traded fund (ETF) in the United States. Speaking on Fox Business…