News and views from and about the Business Ethereum ecosystem
Gitcoin – August 14, 2023
Gitcoin and Shell Unite to Drive Global Climate Solutions through Blockchain Technology
With this collaboration, Shell will help develop “open-source climate solutions” through donations to Gitcoin’s grants program and a Q4 hackathon focused on renewable energy adoption.
Cointelegraph – August 11, 2023
Visa Explores Crypto Gas Fees Payments Through Cards
Visa’s innovative solution employs Ethereum’s ERC-4337 standard and the “Paymaster” smart contract, enabling off-chain gas fee settlement.
Ledger Insights – August 10, 2023
MUFG and NTT Data Form Partnership to Develop Blockchain Infrastructure for Japanese Corporate Bond Market
MUFG and NTT Data are collaborating to enhance the Japanese digital corporate bond market through blockchain technology, leveraging MUFG’s Progmat infrastructure and NTT Data’s vast experience in bond issuance to reduce costs, facilitate smaller issuances, and broaden the investor pool.
Cointelegraph – August 9, 2023
Base network has officially launched: Here’s how it can be used
Coinbase’s Base network completed its phased launch on Aug. 9 and is officially open to end-users.
Ledger Insights – August 7, 2023
PayPal Launches US Dollar Stablecoin, Issued on the Ethereum Network
PayPal USD, a stablecoin backed by U.S. dollar deposits and short-term U.S Treasuries, will be issued by Paxos Trust Co and gradually made available to U.S. customers.
Cointelegraph – August 7, 2023
Singapore Red Cross Starts Accepting Crypto Donations
The country’s Red Cross Society plans to capitalize on crypto adoptions through a partnership with Triple-A, the first crypto payment gateway licensed by the Monetary Authority of Singapore (MAS).
Ledger Insights – August 1, 2023
Credit Agricole Italy Planning to Launch Bond Tokenization Platform
Crédit Agricole Italia is working with BlockInvest on a tokenized bond solution as part of the Bank of Italy’s DLT trials.
CoinDesk – July 31, 2023
Celo Proposal to Migrate to Ethereum Layer 2 Passes
The change seeks to simplify liquidity sharing between Celo and Ethereum while boosting security.
Crypto Briefing – July 27, 2023
Fireblocks, Astar Network Pair Up to Drive Institutional Crypto Access
Fireblocks, an institutional-grade platform for adopting digital assets, has partnered with Astar Network, an EVM and WebAssembly (Wasm)-compatible platform. Through this partnership, digital assets and DeFi could open up to more than 650 banking and institutional entities worldwide.
Ledger Insights – July 26, 2023
Saudi Aramco’s SABIC to Use Circularise Blockchain Product Passports to Track Emissions
Saudi Aramco-run chemicals entity, SABIC, with a market cap of $69 billion, is set to pilot the digital product passport solution offered by blockchain startup, Circularise.
Cointelegraph – July 21, 2023
McDonald’s debuts McNuggets Land in The Sandbox
McDonald’s Hong Kong has picked The Sandbox to build its first Web3 experience, McNuggets Land.
Worldcoin – July 20, 2023
Worldcoin Completes Migration of App to Optimism
Worldcoin’s World ID and World App have completed the transition to the OP Mainnet.
The Block – July 19, 2023
Starknet unveils ‘appchains’ framework, eyeing multi-chain ecosystem
This step is consistent with the broader evolution of the Layer 2 ecosystem, where projects such as Optimism, Polygon, zkSync, and Arbitrum have already set the stage for similar modular networks.
CoinDesk – July 19, 2023
Societe Generale Becomes First Company to Win French Crypto License
The crypto division of France’s third-largest bank by market cap, SG Forge, is licensed by the Autorité des Marchés Financiers (AMF) to provide buying and selling, exchange and custody of digital assets.
CoinDesk – July 18, 2023
Tokenize Everything: Institutions Bet That Crypto’s Future Lies in the Real World
Tokenization of real-world assets (RWAs) is gaining traction.
The Block – July 17, 2023
Ethereum Layer 2 Mantle Network unveils mainnet alpha at EthCC
Mantle Network revealed its mainnet alpha and a $200 million ecosystem fund, underscoring its modular, rollup-designed blockchain that promises increased transaction speeds, reduced fees, and Ethereum’s security.
Ledger Insights – July 14, 2023
BNY Mellon, HSBC, Siemens share lessons learned from digital securities issuances
Banks highlight interoperability challenges in digital securities.
The Block – July 13, 2023
Safe wallet adds ‘ERC-4337’ to boost account abstraction features | The Block
Safe (formerly Gnosis Safe), one of the largest institutional wallet providers, has integrated “ERC-4337,” an Ethereum feature that allows for account abstraction.
CoinDesk – July 12, 2023
Google Play Allows Apps, Games to Offer NFTs and Blockchain-Based Content
The company is opening up the ability for developers to let users buy, sell or earn digital assets in apps as long as they maintain transparency and adhere to other rules.
Ledger Insights – June 26, 2023
StanChart, HSBC, Citi, UBS in Singapore tokenization trials on public blockchain
Today the Monetary Authority of Singapore (MAS) unveiled its latest public blockchain tokenization trials.