Category: News
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Absa Launches Digital Asset Custody in Africa Using Ripple Technology
Absa Launches Digital Asset Custody in Africa Using Ripple Technology Absa Corporate and Investment Banking has launched Absa Digital Asset Custody, introducing institutional custody infrastructure for digital assets in what the bank describes as a first for Africa. The service is being delivered with technology from Ripple, which has been expanding its institutional custody business…
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ECB Launches Pontes as Banks Gain Access to Central Bank Money for Tokenized Assets
The European Central Bank is moving deeper into blockchain-based financial infrastructure with the launch of Pontes, a new system designed to connect distributed ledger technology platforms with the Eurosystem’s TARGET Services. Pontes allows eligible market participants to settle DLT-based wholesale transactions using central bank money. The ECB describes the system as a bridge between market…
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Polygon Targets 100 Million POL Burn From Fee Collector in New Supply Strategy
Polygon Prepares 100 Million POL Burn as Deflationary Plan Moves Toward Mainnet Polygon is preparing to permanently remove 100 million POL tokens from circulation as the network moves forward with a new mechanism designed to connect transaction fees with recurring token burns. Polygon Foundation CEO Sandeep Nailwal said the contracts are already deployed on testnet…
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Cardano Ecosystem Gains Momentum With Leios, Mastercard and Plutus Updates
Cardano Leios Hits 1,000 TPS as Mastercard Partnership and Plutus Shift Advance Cardano is entering another important development phase with progress on three fronts: Ouroboros Leios has demonstrated roughly 1,000 simple transactions per second in testing, the Cardano Foundation has joined Mastercard’s Crypto Partner Program, and Plutus engineering is moving to Midgard Labs. The three…
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Apple and Google Hire Stablecoin Experts as Big Tech Explores Blockchain Payments
Apple and Google are recruiting senior professionals with experience in stablecoins, blockchain and tokenized finance, providing another indication that major technology companies are examining how digital-asset infrastructure could fit into existing financial services. Apple is seeking a Financial Product Strategy Lead for Apple Pay in the United States. The company’s job posting lists knowledge of…
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Chainlink Reports 16 New Integrations Across 7 Chains as LINK Adoption Expands
Chainlink is reporting another expansion of its infrastructure footprint, with 16 integrations of the Chainlink standard recently added across six services and seven different blockchain networks. The update highlights how the protocol is being used across a growing range of blockchain infrastructure and applications. According to Chainlink, the latest group includes ADI Chain, Arc, Bottomline…
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Canary Capital Files Second Staked SEI ETF Amendment With 90% of SEI Targeted for Staking
Canary Capital has submitted a second amendment to the registration statement for its proposed Canary Staked SEI ETF, updating how the fund intends to manage its SEI holdings. The latest filing puts a specific figure on the staking strategy, with approximately 90% of the fund’s SEI expected to participate in staking. The filing, signed on…
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Avalanche Social Activity Hits One-Month High as 1,448 Accounts Post About AVAX
Avalanche is seeing a sharp increase in social activity around AVAX, with LunarCrush reporting that 1,448 accounts posted about the project in a single day. According to the analytics platform, that was the highest daily figure recorded over the past month. The increase is notable because it represents a substantial jump from the previous day.…
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Polkadot Pushes Privacy-First Blockchain Design as Digital Rights Gain Ground
Polkadot is putting privacy at the center of its blockchain strategy, arguing that protection of personal information should extend from the physical world into digital environments. The network pointed to legal protections in India, the UK and the European Union as evidence that privacy is increasingly treated as a fundamental right. Polkadot Makes Privacy a…
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New York Life’s $807B Asset Manager Brings First Tokenized Fund to Avalanche
New York Life’s $807B Asset Manager Brings First Tokenized Fund to Avalanche New York Life Investment Management, which manages approximately $807 billion in assets, has brought its first tokenized investment fund onchain through Centrifuge, with Avalanche selected as the underlying blockchain infrastructure. The product is based on NYLIM’s U.S. High Yield Corporate Bond Strategy and…
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