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Jito Labs Executive: Banks Can Maintain Compliance on Public Blockchains
Rebecca Rettig, the Chief Operating Officer and Chief Legal Officer of Jito Labs, has challenged the prevailing notion that financial institutions must rely exclusively on private, permissioned networks to satisfy regul…
ZachXBT Links 7zarc to $11 Million Raidparty Rug Pull Following Long Hiatus
The prominent on-chain sleuth ZachXBT has published new evidence linking a well-known member of the sneaker resale community, known as 7zarc, to the infamous Raidparty rug pull. According to blockchain data, addresses c…
CZ Advocates for Blockchain Integration Within Traditional Banking
Changpeng Zhao (CZ), the founder of the global cryptocurrency exchange Binance, has addressed the perceived conflict between decentralized ledger technology and the traditional financial sector. In a recent public state…
SEC Grants Innovation Exemption for Tokenized NMS Stock Trading
The U.S. Securities and Exchange Commission (SEC) has officially approved a temporary, conditional "Innovation Exemption," marking a significant milestone for the integration of traditional finance and blockchain techno…
Tare Secures $3.25M Seed Funding to Advance On-Chain Lending Infrastructure
Fintech startup Tare has successfully closed a $3.25 million seed funding round to accelerate the development of its institutional-grade loan management software. The investment round was spearheaded by Blockchain Capit…
Polymarket Launches Rust Indexer to Slash Data Latency by 28 Seconds
Polymarket, the leading decentralized prediction market platform, has officially deployed a proprietary indexing system built on the Rust programming language. This infrastructure upgrade, supported by the open-source r…
Shanghai Boosts Tech Finance with Blockchain and AI Integration
The Shanghai Financial Regulatory Bureau has released a comprehensive set of guidelines aimed at accelerating the digitalization of the city’s banking and insurance sectors. According to the official document issued on …
SWIFT Tests Tokenized Deposit Transfers with 17 Global Banking Giants
The Society for Worldwide Interbank Financial Telecommunication, commonly known as SWIFT, has initiated a pilot project to facilitate cross-border payments using tokenized deposits. This ambitious trial involves a conso…
Robinhood CEO Defends Stock Tokenization Amid Tensions With AMC
Robinhood CEO Vlad Tenev has publicly advocated for the development of blockchain-based financial products linked to traditional equities, asserting that publicly traded companies should not possess the authority to blo…
Bank of Communications Launches Blockchain Solutions for Trade at CIFIT
The Bank of Communications has officially unveiled a new suite of cross-border trade service solutions powered by the CBETS blockchain infrastructure. Announced during the 26th China International Fair for Investment an…