Boba Network, a multi-chain Layer 2 scaling project, has expanded to Avalanche. Boba will help meet scalability demands for Avalanche, a Layer 1 blockchain that presents itself as a faster Ethereum. Boba is Avalanche’s first Layer 2, according to a Wednesday announcement from Avalanche's core contri...
European Union officials have taken the next step in crafting a comprehensive framework to govern digital assets, with a major win for stablecoin advocates included in the latest version. A new draft of the markets in crypto-assets (MiCA) regulation, expected to be the final version of the rulemakin...
The EOS Network Foundation (ENF) today announced the release of the Antelope Leap 3.1 consensus update. “With the hardfork now activated, we will continue iterating with the community to optimize the user and developer experiences to best leverage the new features and functionality that Leap 3.1 ena...
Nomura, one of Japan's biggest investment banks, is launching a new venture capital unit to invest in the crypto space. Dubbed Laser Venture Capital, the unit will invest in companies in the digital ecosystem, with a focus on decentralized finance (DeFi), centralized finance (CeFi), web3 and blockch...
The "quick commerce" firm FastAF and Degenerate Ape Academy have partnered to facilitate NFT-gated commerce on mobile phones.  FastAF is a company that delivers beauty products, home goods and other items to customers within three hours if they’re based in New York City, Los Angeles or San Francisco...
On Tuesday, a New York judge ordered Tether and Bitfinex to produce documents showing the backing of the USDT stablecoin. The order comes as part of a three-year-old class action lawsuit from a group of investors against stablecoin issuer Tether Limited and its sister crypto exchange Bitfinex. The l...
Details emerged this morning of a vulnerability and bounty paid by Arbitrum. The patched exploit could have compromised more than $250 million. The vulnerability was discovered by pseudonymous solidity bounty hunter “0xriptide.” It could have affected any user who attempted to bridge funds from Ethe...
Draft legislation to create a U.S. federal framework around stablecoins would temporarily ban the types of payment coins that are not backed by outside assets — similar to TerraUSD, an algorithmic stablecoin that collapsed earlier this year.  Nonbank issuers of stablecoins backed by fiat currency wo...
The ink is dry on a five-year agreement that will see T-Mobile fill in service gaps on the blockchain-based Nova Labs’ Helium network to offer U.S. nationwide 5g powered by Nova Labs, reports CoinDesk. Though terms have not been disclosed, the agreement will allow Nova Labs to offer Helium subscribe...
Liquid staking startup Alluvial has added the cryptocurrency exchange platform Kraken to its independent industry consortium, announcing it will be known as Liquid Collective. Kraken joins a growing list of industry participants — such as Kiln, BENQI, Rome Blockchain Labs and Acala Foundation — help...

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