News and views from and about the Business Ethereum ecosystem
Ledger Insights – November 21, 2023
SEC sues Kraken crypto exchange alleging commingling, securities violations
The SEC sues Kraken for commingling customer and corporate funds, alleging securities violations in its cryptocurrency exchange operations.
Decrypt – November 20, 2023
Nike Unveils New RTFKT Sneakers with Integrated NFTs
Nike and RTFKT’s new sneaker launch integrates NFTs without requiring ownership for purchase, blending physical fashion with digital collectibles.
CoinDesk – November 20, 2023
Santander Private Bank Introduces Bitcoin, Ethereum Trading for Clients in Switzerland
Santander Private Banking International is offering buy, sell and hold services with bitcoin and ether to clients with accounts in Switzerland.
Ledger Insights – November 16, 2023
KBC bank supports tokenized bonds in blockchain crowdfunding platform
KBC Bank enhances its Bolero crowdfunding platform with Ethereum-compatible blockchain for tokenized SME bonds.
Ledger Insights – November 16, 2023
Singapore green lights 3 stablecoins. To settle on private blockchains?
Paxos responded to Ledger Insights saying the Singapore stablecoins will be issued on Ethereum and operate similarly to existing tokens.
CoinDesk – October 26, 2023
Deutsche Bank and Standard Chartered Test SWIFT Killer for Stablecoins and CBDCs
The Universal Digital Payments Network instructs and allows transactions, ranging from stablecoins on public blockchains to central bank digital currencies.
Cointelegraph – October 12, 2023
Mastercard announces successful wrapped CBDC trial results
Mastercard, in collaboration with the Reserve Bank of Australia, successfully trialed wrapping CBDCs to enable CBDC owners to purchase Ethereum-based NFTs, showcasing a controlled interoperability between CBDC platforms and public blockchains.
Ledger Insights – October 10, 2023
Pirum tests DLT for securities lending
Securities finance firm Pirum tests DLT extension for its lending and repo solutions; trials on Enterprise Ethereum highlight DLT’s potential in creating a “golden record” of trades amidst coordination and cost challenges.
Ledger Insights – October 2, 2023
UBS pilots tokenized money market fund on public blockchain
UBS Asset Management pilots tokenized money market fund on Ethereum blockchain under Singapore’s Project Guardian, eyeing enhanced liquidity and broader investor access.
CoinDesk – September 29, 2023
OpenTrade Unveils Tokenized U.S. Treasuries Offering as Tokenization Race Gains Steam
OpenTrade’s tokenized Treasuries pool was developed using Circle’s Perimeter Protocol, an open-source codebase for on-chain credit facilitation, and is powered by the USDC stablecoin.
CoinDesk – September 29, 2023
Circle Rolls Out Open-Source Protocol to Help Build Tokenized Credit Markets
Perimeter Protocol is the first development of Circle Research, the company’s new open-source development division.
CoinDesk – September 26, 2023
NFT Brand Pudgy Penguins Debuts Toy Collection in 2,000 Walmart Stores
Each toy provides access to Pudgy World, a multiplayer digital social experience, which could help improve visibility and users of the Pudgy Penguin brand.
CoinDesk – September 18, 2023
Canto, Astar blockchains plan expansion to Ethereum ecosystem as layer 2s
By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs said.
CoinDesk – September 14, 2023
Superapp Grab, Stablecoin Issuer Circle to Start Web3 Wallets Trial in Singapore
The Grab Web3 Wallet will be available to users of the ride hailing, food delivery and digital payments app to use vouchers in non-fungible token (NFT) form and earn rewards.
The Tokenizer – September 5, 2023
Industry Leaders Announce Groundbreaking Tokenized Asset Coalition
Aave Companies, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch and RWA.xyz aim to drive adoption of tokenized real-world assets through education, advocacy and innovation
Ledger Insights – September 5, 2023
Visa extends stablecoin usage from issuers to acquirers
Visa expands the use of stablecoins like USDC for settlement beyond card issuers to web3 merchants.
Cointelegraph – September 4, 2023
Crypto is in ‘arms race’ against AI-powered scams: Quantstamp co-founder
The advancement of AI isn’t solely beneficial; it has a darker aspect that’s increasingly threatening Web3 security. Specifically, AI’s role in amplifying social engineering scams is evolving rapidly, making these attacks more sophisticated, widespread, and harder to detect.
Ledger Insights – August 24, 2023
Europe To Explore Using Blockchain for Aircraft Parts Safety
The European Union Aviation Safety Agency (EASA) initiates the VIRTUA project with SkyThread and FPT Software, exploring blockchain for managing approved aircraft parts, in collaboration with IATA and PwC France.
Ledger Insights – August 23, 2023
Citi Survey Finds Significant Jump in Institutional Adoption of DLT, Crypto
Citi Securities Services’ latest survey reveals a jump from 47% to 74% in institutional engagement with digital assets or DLT within a year.
The Tokenizer – August 16, 2023
Banco Galicia Will Use Agrotokens as Collateral to Offer Credits to Agricultural Producers
Agrotoken, a tokenization platform for agro-assets on Ethereum and Polygon, has partnered with Banco Galicia to use agrotokens as collateral for more favorable loans to Argentine agricultural producers