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MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report

MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report

The Monetary Authority of Singapore (MAS) and government-owned conglomerate Temasek released the final report of the Singaporean CBDC project, Project Ubin. The report is the fifth and final phase of Project Ubin, Singapore’s blockchain-based multi-currency payments network prototype that was built for the financial industry and blockchain ecosystem.

Ahead of The Ripple (XRP) SEC Court Date, Flare Network Declares its Support

Ahead of The Ripple (XRP) SEC Court Date, Flare Network Declares its Support

The Flare Network has stated that it is not associated with Ripple, but believes XRP is a virtual currency and not a security despite the United States SEC alllegations.

DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda

DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda

Singapore’s biggest bank, DBS Bank joined R3-backed Contour Network known for digitalizing global trade processes. Previously known as Project Voltron, Contour is a blockchain-based trade finance platform, built over R3’s Corda blockchain and was founded by R3 and major global institutions, including HSBC, ING, Standard Chartered, Citi Ventures, BNP Paribas, and Bangkok Bank, Bain & Company, and CryptoBLK. DBS Bank became the first Singaporean bank to join the network.

China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

Hyperledger Fabric, Ethereum, EOS, ChainSQL, WeBank’s FISCO BCOS, and Baidu’s Xuperchain are also planned to be added to the “ecosystem play,” and “internet environment,” as explained by Zhiguang Shan, the Chairman of the BSN’s Development Association. This network of blockchains will be available for those who are interested to take part in it, including small to medium-sized businesses.

Ethereum 2.0 Testnet to Launch: Can the Blockchain Network Keep Up With the Surge in Demand?

Ethereum 2.0 Testnet to Launch: Can the Blockchain Network Keep Up With the Surge in Demand?

With the number of transactions on Ethereum recording an all-time high and shooting up over the past few months, crypto experts are speculating on whether the network can keep up with the high demand whether its scalability is reliable enough.

Cardano’s Shelley Hard Fork Successful, Network on its Way to Become the World’s Financial Operating System

Cardano’s Shelley Hard Fork Successful, Network on its Way to Become the World’s Financial Operating System

Cardano’s second developmental phase, Shelley has been successfully launched, the hard fork was successful in transforming Cardano into the Shelley era from Byron.The hard fork took Cardano from its Byron era to Shelley, to enable the network to become more decentralized and autonomous.

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

Russian citizen arrested and charged for trying to recruit an employee to plant malware on a company’s computer network in Nevada, US.

Bitcoin Network Breaks Record With 22.3 Million Unique BTC Addresses in January

Bitcoin Network Breaks Record With 22.3 Million Unique BTC Addresses in January

The Bitcoin network was busy in January with over 22.3 million active BTC addresses sending or receiving the cryptocurrency.

Top 10 Dapps on Ethereum Network Surpass 1 Million Daily Users

Top 10 Dapps on Ethereum Network Surpass 1 Million Daily Users

The top 10 decentralized applications on the Ethereum network have hit 1,017,760 daily active wallet users, according to data analytics company DappRadar.

Telegram to Launch TON Network Later This Month

Telegram to Launch TON Network Later This Month

Telegram Open Network (TON) announced that the original investors had been informed that the blockchain network would launch in late October.

BNY Mellon Joins the Marco Polo Network to Develop a More Open and Connected Trade Finance Network

BNY Mellon Joins the Marco Polo Network to Develop a More Open and Connected Trade Finance Network

The Marco Polo Network announced a new strategic partnership with the Bank of New York Mellon (BNY Mellon) to create a vast financial atmosphere that will ensure economic as well as trade growth, making BNY Mellon a member of the top network of financial institutions which leverage blockchain technology for trade finance.

Justin Sun: Tron Network is Holding 3000 Bitcoin

Justin Sun: Tron Network is Holding 3000 Bitcoin

Tron network, a blockchain-based decentralized operating system, is hosting 3,000 Bitcoin (BTC) configured as BTCTRON, according to its CEO and founder Justin Sun.

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