Paxos Introduces Global Dollar (USDG)
Built to power global stablecoin adoption
In addition to hiring Jiten Varu, who will be focused on strengthening global expansion, the company will also participate in the Singapore FinTech Festival as part of its international positioning strategy.
In a move to build the next era of financial innovation, Binance appoints seasoned Web2 and Web3 product leader and software engineer Jeff Li to head its global product and design teams
Glue Network, a user-centric blockchain ecosystem dedicated to making decentralized finance accessible to all, announced the integration of Avalanche’s BTC.b as its default Bitcoin representation. This integration, utilizing LayerZero’s Omnichain Fungible Token (OFT) standard, aims to enhance Bitcoin liquidity and provide users with seamless access to Bitcoin-pegged assets within the Glue ecosystem. BTC.b, developed by the Avalanche Foundation, offers a trustless implementation of Bitcoin on other blockchains. By selecting BTC.b as its primary Bitcoin-pegged asset,...
Seed funding of $6.9 million underscores critical need for a universal application for decentralized finance
Chainlink's novel CCIP Private Transactions capability, enabled by the new Chainlink Blockchain Privacy Manager, addresses long-standing compliance and confidentiality challenges around blockchain interoperability, paving the way for broader institutional blockchain adoption
Funds will be used to strengthen the economic viability of sovereign blockchain economies
UPCX, a high-speed blockchain system, is scheduled to officially launch its mainnet in mid-October. The UPCX mainnet is designed to enhance payments and financial services, marking a critical step towards democratizing global finance. By significantly reducing transaction costs and increasing transaction speeds, the system aims to transform the existing financial infrastructure, empowering users worldwide to take control of their financial future. The UPCX mainnet will be the core network responsible for handling all real transactions...
OKX, a global onchain technology company, announced it is operationally live and licensed in the UAE. With the announcement, the firm is now the first global crypto company in UAE to offer AED banking rails for its retail and institutional customers. OKX Middle East General Manager Rifad Mahasneh made the announcement at the company’s gala event at the Museum of the Future, entitled: A New Alternative for Dubai. The event also featured OKX CEO Star Xu, OKX CMO Haider Rafique, Manchester...