A new panel discussion in Paris revealed that big banks are hesitant to use public blockchains. The main reason, according to a top executive from a $1. 74 trillion asset manager, is that blockchain technology removes the need for banks to act as middlemen in transactions. When a smart contract can
The latest upgrade from Orbs, a Layer‑3 blockchain focused on trading, introduces a system called Committee Sync that helps verify trades across different blockchains without moving user funds. The update builds on Orbs’ existing execution layer, which powers various decentralized trading protocols
The ruling Liberal Democratic Party is pushing for a new legal framework that would let investors trade cryptocurrency exchange‑traded funds, or ETFs. The party’s blockchain technology panel sent the idea to Finance Minister Satsuki Katayama, urging the government to also support digital tokens that
Jefferies forecasts that the next two years could bring a surge of crypto‑related public offerings, potentially expanding into a $1 trillion market within five years. The bank’s outlook follows its first Digital Assets Investor Conference, where executives from 35 digital‑asset firms met about 15
SoFi has added its own dollar‑backed stablecoin, SoFiUSD, to the banking app used by almost 15 million people. It is the first U. S. national bank to hand a stablecoin directly to everyday customers on a public blockchain. The new token can be bought, sold, stored and swapped inside the app. It run
Stablecoins promise safety by staying tied to real-world money, but last weekend’s hack shows how easily that promise can break. A European issuer called StablR learned this the hard way when a thief walked away with $2. 8 million after creating $13. 5 million of unbacked tokens. The attack started
The Bank of England wants the money pipeline to run all week, every week. Right now, big UK payments and collateral swaps take weekends off, just like high-street banks. That gap traps capital, drives up safety buffers, and pushes overnight risk into piles of unmatched trades. The old rhythm worked
Nexon’s blockchain arm, NEXPACE, celebrated the first year of its global MMORPG MapleStory N by announcing a bold pivot. Instead of keeping the game as a standalone title, the company wants to turn its universe into an open platform where anyone can build new content with the help of AI tools. The
A crypto trading system called THORChain, known for letting people swap coins across different blockchains without wrapping tokens, hit the brakes over the weekend after hackers made off with about $11 million. A vault that holds coins for trading was cracked open, and money flowed out to unknown wa
A new team made up of a stablecoin company, a blockchain network, and an analytics firm has pulled more than $450 million in illegal crypto from the market since it started less than two years ago. The group, called the T3 Financial Crime Unit, works with police and regulators around the world to st
