Chainlink’s CCIP protocol has launched on Ethereum layer 2 Arbitrum One to help developers build cross-chain decentralized applications. Blockchain oracle network Chainlink has tapped into Ethereum (ETH) layer 2 scaling protocol Arbitrum to drive cross-chain decentralized application development. The two protocols announced the mainnet launch of the Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One...Continue Reading

A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid out by MiCA. An executive at the cryptocurrency exchange Binance said in a public hearing with the European Banking Authority (EBA) that it plans to delist stablecoins for the European...Continue Reading

According to eToro deputy CEO Hedva Ber, Europe is “hugely important” for the firm as the majority of eToro users are based in the region. Cryptocurrency-friendly brokerage firm eToro is expanding its crypto services worldwide after securing new regulatory approval in Europe. EToro has received a Crypto Asset Service Provider (CASP) registration from the Cyprus...Continue Reading

Bitcoin traders get none of the volatility they hoped for, and BTC price slowly drifts back to intraday lows. Bitcoin (BTC) slipped from $27,000 on Sep. 21 as the dust settled on the latest United States macroeconomic events. BTC/USD 1-hour chart. Source: TradingView Bitcoin: “Rangebound until proven otherwise” Data from Cointelegraph Markets Pro and TradingView...Continue Reading

A new social token network called Alpha has emerged, rivaling the popular Friend.tech platform but built on top of the Bitcoin blockchain. The Bitcoin network got its own community-based social token ecosystem after a new project called Alpha emerged overnight.  As a decentralized social network protocol, Alpha is similar to the widely-known Ethereum-based platform Friend.tech. It allows...Continue Reading

An electronics design manager who made his own Trezor One has assessed the difficulty of building a DIY crypto wallet from scratch. The open-source nature of many hardware cryptocurrency wallets allows anyone to build a do-it-yourself (DIY) wallet like a Trezor from scratch, but it requires certain skills. Florin Cocos, an electronics design manager from...Continue Reading

Tether said the new loans were made on request of some of their long-standing partners and they plan to cut it down to zero by 2024. Tether, the largest stablecoin issuer in the crypto market has seen a rise in its stablecoin lending, aka secured loans, in 2023, despite the firm having announced it will...Continue Reading

Over the years, Mt. Gox has repeatedly backtracked on plans to reimburse the funds that the crypto exchange had barred its users from withdrawing — effective from Feb 25, 2014. Mt. Gox’s infamous 2014 security breach — that lost 850,000 Bitcoin (BTC) of investors’ funds — resulted in its users embarking on a seemingly never-ending,...Continue Reading

Alchemy Pay has joined the ranks of crypto firms like Coinbase and Jack Dorsey’s Block in securing a Money Transmitter License in Arkansas. Cryptocurrency payment gateway Alchemy Pay is expanding its global presence after securing a major payment license in the United States. Alchemy Pay has obtained a Money Transmitter License in the state of...Continue Reading

The city administration behind the project aims to make Busan a blockchain city and has launched a $75-million development plan to realize the goal. South Korea’s second-largest city, Busan, is developing a public blockchain network compatible with mainstream blockchain platforms, such as Ethereum and Cosmos. The aim is to integrate blockchain-based services from various blockchain mainnets...Continue Reading