Fidelity International tokenises money market fund on JPMorgan’s blockchain

Fidelity International tokenises money market fund on JPMorgan's blockchain

Fidelity International, a London-based fund management firm, has tokenised shares in a money market fund for the first time through JPMorgan's Ethereum-based private blockchain network, Onyx Digital Assets.

As reported by CoinDesk, tokenisation was completed in near real-time through the integration of the fund's transfer agent (JPMorgan's transfer agency business) with the Tokenised Collateral Network (TCN), an application that links collateral receivers and providers using...

Lightning Labs successfully tests stablecoin integration on Bitcoin blockchain

Lightning Labs successfully tests stablecoin integration on Bitcoin Blockchain

Lightning Labs, a developer of software that powers the Lightning Network, has successfully tested Taproot Assets, a new system designed to issue stablecoins on the Bitcoin blockchain.

Thanks to the Lightning Network, this system can handle instant transactions with lots of volume and minimal fees, marking a major step forward in blockchain tech.The new protocol is a clever twist on Taproot, the latest upgrade to hit Bitcoin. Taproot enhances how the blockchain works by...

TapNation and Immutable partner for Web3 gaming expansion

Web3 gaming

French mobile gaming publishing company TapNation has partnered with Immutable, a developer platform for building & scaling web3 games on Ethereum.

TapNation’s strategic alliance with Immutable will see the French publisher leverage Immutable’s scaling solution for games that offers EVM compatibility, low cost, massive scale, and Ethereum security, while also transitioning TapNation’s sizable player base into the Web3 era.

Philippe Lenormand, head of Web3 at...

OKX DEX Integrates with Linea Bridge and Orbiter

Vitalik Buterin calls Craig Wright a fraud

OKX has integrated Linea Bridge and Orbiter to provide better cross-chain trading for users.

By automatically finding the best trading route and cross-chain bridge, this integration allows OKX to provide industry-leading low prices and ease of use when swapping ETH to Linea.

Linea is a network that scales the experience of Ethereum. Its out-of-the-box compatibility with the Ethereum Virtual Machine enables the deployment of already-existing applications, as well as the...

Chainlink CCIP launches on Mainnet

The Space Shuttle Challenger launching from Complex 39.

Chainlink, the industry-standard Web3 services platform, has revealed that the Cross-Chain Interoperability Protocol (CCIP) has entered the Mainnet Early Access phase on the Ethereum, Optimism, Polygon and  Avalanche blockchains.

Leading DeFi protocols are adopting CCIP to power cross-chain smart contracts, including Synthetix, which is live on CCIP mainnet, as well as Aave, with BGD Labs now integrating CCIP on mainnet into the protocol. On July 20, CCIP will become...

Coinbase wants inflation-pegged flatcoins on layer-2 ‘Base’ network

Inflation

US crypto exchange Coinbase wants inflation-pegged “flatcoins” to be one of four “critical” innovations it hopes to see on its newly launched layer-2 network, Base.

The company also wants developers to explore an on-chain reputation system, an on-chain limit order book (LOB) exchange, and tools to improve safety in decentralised finance (DeFi).

Coinbase announced the four areas in a ‘Request for Builders’ post, published a month after launching Base – a...

Ethereum Shanghai hard fork set to launch 12 April

Ethereum

Ethereum’s much anticipated Shanghai hard fork is set to go live on 12 April, bringing several upgrades that complete the network’s transition to a proof-of-stake consensus.

The mainnet upgrade includes five Ethereum Improvement Proposals, most notable of which is EIP-4985, enabling staked Ether to be withdrawn on the Beacon Chain.

This will finalise Ethereum’s transition from proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism.

Ethereum...

Lido Finance adds staking limit after 150k ETH staked in one day

Liquid

Liquidity staking protocol Lido Finance activated safety features to limit staking after more than 150,000 Ether was staked on the platform in a single day.

The decentralised finance (DeFi) protocol is popular amongst the crypto community as a tool to stake digital assets like Ether (ETH) without having to lock them away.

When Lido users deposit Ether, the tool issues a liquid version of their tokens back to them called staked Ether (stETH), rewarding users for each day...

Coinbase is launching its own layer-2 network, called ‘Base’

Ethereum

US crypto exchange Coinbase is launching its own Ethereum layer-2 network, called Base.

The NASDAQ-listed company says the new network will provide a low-cost and developer-friendly environment for creating decentralised apps (DApps).

Base has been designed as a bridge to onboard users into the crypto economy, providing access to other layer-1 blockchains like Solana and making it interoperable with other...

Ethereum decreased its annual CO2 emissions by over 21M tons

Over 109M more trees would have been needed to offset Ethereum’s CO2 emissions prior to its switch to a more efficient consensus.

Ethereum switched to a Proof-of-Stake (PoS) consensus last year in an event called The Merge. Regardless of personal views on Ethereum and the wider blockchain and web3 space, The Merge was broadly seen as an incredible feat of open-source engineering.

The Merge is the first major step on the road to Ethereum 2.0 which aims to tackle the...