Deutsche Bank has applied for a digital asset custody license with BaFin as traditional finance (TradFi) companies use asset tokenization to quietly takeover the crypto industry. The company seeks to diversify revenue streams while other crypto firms wait for Europe’s markets to take effect in the Crypto-Assets (MiCA) Bill. Wall Street Firm Explores Asset Tokenization...
Staking platform tokens rose in price after the announcement by Ethereum developers that the long-awaited Shapella update is scheduled on the main network on the night of April 12-13. The rates of management tokens of DeFi protocols that provide the liquid staking service (“liquid staking”) increased by more than 10% over the day. According to...
The Council of the European Union has supported the idea of disabling and suspending smart contracts – they will have to contain a “switch” in accordance with the revised data law (Data Act) of the European Union, reports CoinDesk. The text of the document was agreed upon by the Council of the European Union (one...
Bitcoin mining difficulty increased by 70% in a year. According to BTC.com, on March 24, 2022, BTC mining difficulty was 27.42 T. As a result of the next recalculation on March 24 this year, the indicator reached a new all-time high at 46.84 T. The previous record was set on March 11, when the difficulty...
The difficulty of mining bitcoin has reached a new record. As a result of the next recalculation, carried out on March 11, it updated its historical maximum, having increased by 1.16%, to 43.55 T, according to BTC.com. The previous record was set on February 25, when the difficulty reached 43.05 T. At that time, the...
The American mining company TeraWulf has announced the launch of the Bitcoin production site, which receives 100% energy from the nuclear power plant. A joint Nautilus object with Cumulus Coin with a capacity of 200 MW is connected to the Saskuekhanna nuclear power plant in Pennsylvania. The press release states that this is the first...
Staking Ethereum coins will not unlock until April at the earliest. During the discussion of the Shanghai hard fork on March 2, which was attended by all the main developers of the network, it was decided that the update, after which the withdrawal of locked tokens will become available, will occur at the earliest in...
Jack Dorsey, the co-founder of the social networking platform Twitter, is progressing with Bluesky — a decentralized Twitter alternative — as its mobile application enters private beta testing. Bluesky has hit the Apple app store as an invite-only app, allowing certain persons to try out the new social experience by creating an account via an...
DeFi platform Oasis seized assets related to the Wormhole cross-chain bridge hack that occurred in February 2022. The operation was authorized by a British court. To extract assets, the developers used a vulnerability in the multi-signature administrator access mechanism, which was previously discovered by an unnamed white hat hacker. According to the statement, in accordance...
Solana network faced a slowdown in block production on Feb. 25 following an upgrade in the validator software. The incident resulted in disruptions to transactions and led validators to downgrade the software in an attempt to restore network performance. The technical issue started around 6:00 am UTC, leading validators to downgrade to version 1.13 to...
