Tag: Blockchain

WisdomTree Expands Tokenized Funds To Solana Blockchain

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American asset management company WisdomTree said on Wednesday that it is expanding its tokenized funds onto the Solana network as part of its “multi-chain deployment strategy.” The exchange-traded product issuer said the strategic expansion enables both institutional and retail users to “mint, trade, and hold WisdomTree’s full suite of tokenized funds on Solana, supporting the growth of on-chain offerings.” All of the company’s tokenized funds — including money market, equities, fixed income, alternatives, and asset allocation — can now be traded on Solana. WisdomTree already has a range of tokenized…

Ripple Partners With Saudi Bank Unit on Blockchain Infrastructure

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Ripple has partnered with the innovation arm of Riyad Bank, a major Saudi financial institution, to explore the use of blockchain technology within the country’s financial system, signaling growing interest in blockchain-based infrastructure at the institutional level. The partnership was announced Monday by Reece Merrick, Ripple’s senior executive officer and managing director for the Middle East and Africa. Merrick said Ripple is working with Jeel, Riyad Bank’s innovation unit, as part of an agreement to study potential applications of blockchain technology. Source: Reece Merrick The arrangement will take the form…

Coinbase Forms Advisory Board to Study Quantum Computing and Blockchain

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Coinbase has formed an independent advisory board to assess how advances in quantum computing could affect the cryptography used by major blockchain networks, including Bitcoin and Ethereum. In a Wednesday blog post, Coinbase introduced the advisory board formed by experts in quantum computing, cryptography, distributed systems and blockchain security from academia and industry, including senior researchers from major universities, the Ethereum ecosystem and Coinbase. The board will publish public papers assessing the state of quantum computing and its implications for blockchain systems, issue guidance for developers, organizations and users and…

Trade Finance Is The Biggest Opportunity In Blockchain

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Opinion by: Billy Sebell, executive director at XDC Foundation In just over a decade, blockchain technology has rewritten the rulebook for global finance, bringing transparency, speed and access to financial markets. It has clearly established its worth in digital assets, decentralized finance (DeFi) and cross-border payments, among other effective use cases. Perhaps the greatest unrealized potential for blockchain lies in one of the world’s most vital sectors: global trade finance. Trade finance, the capital and credit that enable goods and services to move across borders, forms the backbone of the…

Noble Stablecoin Blockchain Migrates From Cosmos To Ethereum

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Noble, a stablecoin blockchain, has announced it is moving from the Cosmos ecosystem to Ethereum, citing the need to access a better tech stack and wider developer community. Noble announced on Tuesday that it will be migrating its Cosmos SDK-based blockchain to a standalone EVM (Ethereum Virtual Machine) layer 1, planning to launch on March 18. Noble is a venture capital-backed blockchain originally designed as a neutral liquidity hub for stablecoin and tokenized real-world asset issuance.  Due to its evolution into a network supporting real end-user stablecoin applications and DeFi,…

Trump Media Announces Blockchain Token Airdrop Record Date

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US President Donald Trump’s media company has advanced plans for its “first-of-its-kind” shareholder token airdrop, setting Feb. 2 as the record date used to determine eligibility. The record date, or “snapshot” date, means that anyone with at least one share in Trump Media and is a “beneficial owner” or “registered holder” as of Feb. 2 is eligible for the non-tradable digital rewards token, the company announced on Tuesday.  Following the record date, Trump Media will use crypto exchange Crypto.com to mint the tokens, display them on the blockchain, and custody…

Sui Blockchain Recovers From 6-Hour Network Outage

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Despite a fix from Sui core developers, the Sui Foundation has not provided details on what triggered the network outage. The layer-1 Sui blockchain is back online and “fully operational” after a six-hour network outage stalled transactions on the high-speed network. “Transactions are flowing normally. If you are still seeing issues, please refresh your app or browser window,” the Sui Foundation posted to X on Wednesday. Source: Sui The Sui Foundation confirmed the outage on Wednesday at 3:24pm UTC, informing its 1.1 million X followers that Sui core developers were…

Algorand Foundation returns to the US, appoints new board for strategic blockchain initiatives

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Key Takeaways Algorand Foundation has re-established its headquarters in Delaware. A new board of directors has been appointed, led by Bill Barhydt as chair. Share this article Algorand Foundation has announced its return to the US, re-establishing its headquarters in Delaware and appointing a new board to drive its strategic goals. The move underscores the Foundation’s commitment to US leadership in blockchain innovation and financial empowerment. The new board is composed of finance, technology, and policy leaders, focusing on initiatives such as global payments, asset tokenization, and other financial empowerment…

Senators Lummis and Wyden push bill to exempt non-custodial blockchain developers from money transmitter laws

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Key Takeaways Senators Cynthia Lummis and Ron Wyden introduced a bill to exempt non-custodial blockchain developers from being classified as money transmitters. The bill clarifies that developers who do not have control over user funds should not fall under federal money transmitter laws. Share this article US Senators Cynthia Lummis and Ron Wyden on Monday unveiled the Blockchain Regulatory Certainty Act, bipartisan legislation that would exempt non-custodial blockchain developers and infrastructure providers from federal money transmitter rules. The bill aims to protect innovation, maintain consistency with federal guidance, and prevent…

CFTC Forms Panel Regulating Blockchain, AI Innovation

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US Commodity Futures Trading Commission chair Mike Selig has unveiled the agency’s new innovation committee, aimed at guiding the regulation of emerging technologies like blockchain and AI, which are transforming financial markets. The Innovation Advisory Committee replaces the Technology Advisory Committee and is looking to bring top crypto voices into the CFTC’s process to shape practical, forward-looking market regulations, Selig said on Monday. The new committee will advise the CFTC on the “commercial, economic, and practical considerations of emerging products, platforms, and business models in the financial markets so that…