Cardano and Nervos to launch cross-chain bridge
Input Output Hong Kong and Nervos announced today that they will be launching a cross-chain bridge to connect the two networks.
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Is India’s central bank greenlighting crypto? Bitcoin fees fall to new lows. Cardano rolls out Alonzo upgrade for DeFi.
Other top blockchain and crypto news: Thailand’s SEC tries to rein in DeFi via regulation. Will China’s future DCEP digital yuan offer smart contracts?
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China to give away digital yuan worth US$6.3M in latest e-CNY test
China is set to hand out 200,000 virtual red envelopes, each containing 200 yuan (US$31.30) of the country’s prototype digital currency, to Beijing residents.
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Ethereum investment products hit market-share high of 27%, report says
Ethereum has hit a market-share high of 27% of all digital asset investment fund products following recent price corrections.
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What’s up with Taproot, the biggest proposed change to Bitcoin since 2017?
Bitcoin’s proposed Taproot update for smart contracts and privacy has wide verbal support from miners, but will they put their crypto where their mouth is?
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Robinhood’s Chinese rivals to launch crypto services abroad
China-based trading apps Futu and Tiger Brokers have announced plans to move into crypto to compete outside China with apps such as Robinhood and eToro.
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How blockchain technology is revolutionizing KYC in financial services
‘Know your customer’ is key to anti-money laundering efforts. Isabelle Corbett of R3 explains why blockchain is uniquely suited for KYC/AML.
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Singapore’s DBS Bank launches its first digital bond
Singapore’s DBS Bank has announced its first security token offering on the DBS Digital Exchange.
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Indian central bank in climbdown over crypto ban
India’s central bank has said that banks and other finance sector businesses should not adhere to a prohibition it imposed on lenders dealing in cryptocurrencies.
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Gold vs. Bitcoin: Which one is better as a safe-haven asset?
Gold prices are rising again and at a three-month high. How does gold — a store of value for over 2,500 years — compare to Bitcoin as a refuge from market turmoil?