News and views from and about the Business Ethereum ecosystem
CoinDesk – June 14, 2023
Ethereum Ecosystem Is Getting Busier, Not Quieter, Amid Layer 2 Shift
Many transactions are getting offloaded onto layer-2 blockchains, and those should be included in any analysis of the Ethereum ecosystem.
Cointelegraph – June 12, 2023
Bank of China issues $28M in digital structured notes on Ethereum blockchain
On June 12, Bank of China’s investment bank subsidiary BOCI announced the issuance of 200 million Chinese yuan ($28 million) worth of digital structured notes minted on the Ethereum blockchain.
Decrypt – June 9, 2023
‘Ethereum Fails’ Without These 3 Changes, Says Vitalik Buterin
If Ethereum is to expand how it’s used, it will need to undergo three major transitions or risk undermining its own future, said Ethereum co-founder Vitalik Buterin.
Ledger Insights – June 8, 2023
Nayms goes live as a regulated insurance platform on Ethereum blockchain
Blockchain startup Nayms is planning to mimic a Lloyds syndicate on the public Ethereum blockchain.
Optimisus – June 7, 2023
Defactor Lending Protocol Raises $100M in Bond Tokenization for Small Businesses
Decentralized finance (DeFi) lending platform Defactor Labs announced on June 6 that it has achieved a significant milestone by tokenizing $100 million worth of Alpha Bonds. These bonds, which have been tokenized using the ERC-3643 token standard, will be utilized to provide loans to small- and medium-sized enterprises (SMEs), backed by real-world assets like receivables.
Swift – June 6, 2023
Swift explores blockchain interoperability to remove friction from tokenised asset settlement
We’re collaborating with the Swift community globally to test how institutions can use their Swift connection to seamlessly interoperate with the multitude of blockchain networks emerging around the world.
Ledger Insights – June 2, 2023
MUFG plans bank-backed stablecoin issuance on public blockchains
Today Japan’s largest bank MUFG announced that its Progmat Coin solution would be used to issue native bank-backed stablecoins on multiple public blockchains, including Ethereum, Avalanche, Cosmos and Polygon.
Decrypt – June 1, 2023
Circle’s USDC Stablecoin Headed for Ethereum Scaling Network Arbitrum
Crypto payments company Circle will launch their US Dollar backed stablecoin (USDC) natively on the Arbitrum network.
Ledger Insights – May 31, 2023
State Street Global eyes tokenizing ETFs
At a recent ETF conference, State Street Global Advisors (SSGA) expressed an interest in tokenizing exchange traded funds (ETFs). That carries weight because State Street manages the single largest ETF, the SPDR S&P 500 ETF Trust, with a market capitalization of almost $400 billion.
The Defiant – May 31, 2023
Polygon To Onboard Deutsche Telekom As Validator
Polygon, a top Ethereum scaling team, announced that Deutsche Telekom, Europe’s largest telecommunications provider by revenue, will join its PoS Chain as a validator.
Forge – April 20, 2023
Societe Generale–Forge Launches “Coinvertible”: The First Institutional Stablecoin Deployed On A Public Blockchain
Societe Generale–FORGE (SG-FORGE), a fully integrated and regulated subsidiary of Societe Generale group dedicated to digital assets, launches the EUR CoinVertible, a digital asset that purports to maintain a stable value (stablecoin).
Ledger Insights – April 19, 2023
Will MiCA stifle stablecoins?
With the EU’s Markets in Crypto Assets Regulations (MiCAR) receiving a final vote tomorrow, some have wondered about the impact on stablecoins.
Coindesk – April 13, 2023
Ethereum’s Shanghai Upgrade Is Complete, Starting New Era of Staking Withdrawals
The upgrade on the blockchain, also known as “Shapella,” was triggered at 22:27 UTC, and the network is now processing withdrawal requests.
Tokeny – April 11, 2023
Cofund Partners With Tokeny To Tokenize Real World Assets In Bali
CoFund, a pioneering marketplace in the field of real estate tokenization, has announced its partnership with Tokeny, the leading tokenization platform.
US Department of the Treasury – April 6, 2023
Treasury Releases 2023 DeFi Illicit Finance Risk Assessment
Today the U.S. Department of the Treasury published the 2023 DeFi Illicit Finance Risk Assessment, the first illicit finance risk assessment conducted on decentralized finance (DeFi) in the world.
Blockworks – March 22, 2023
Atlanta Home Tokenized on Ethereum, Nets $214,882 in Under 3 Minutes
In the latest instance, fintech and single family-focused sales company Roofstock has sold off a Georgia home to RealT via a tokenized Ethereum-based NFT, representatives for both companies told Blockworks on Tuesday. It marked the first collaboration between the two companies.
Coindesk – March 20, 2023
Ethereum’s Shanghai Hard Fork Now Has Official Target Date
Developers agreed to April 12 for the long-awaited upgrade that will enable staked ETH withdrawals.
Bitcoinist – March 17, 2023
United Kingdom Creates Category For Crypto Assets
The increasing crypto adoption globally has opened up different jurisdictional classifications and regulations for digital assets. Regulatory agencies and authorities determine the extent of transactions and the class of crypto tokens based on their legislative rules.
Ethereum Foundation – March 16, 2023
Next Billion Fellowship Cohort 3 – Call for applications
The Next Billion Fellowship at the Ethereum Foundation is a search for stories: Stories that inspire us to focus on the important things, to find balance and fairness in the way we go about solving our problems, and to push deeper into the mysteries of human cooperation.
The Defiant – March 15, 2023
Filecoin Launches Ethereum-compatible Smart Contracts
Filecoin, a blockchain built to store data, has enabled Ethereum-style smart contracts, the final step in its “master plan” to disrupt Amazon Web Services and other legacy cloud computing and data storage platforms.