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SWIFT Takes Another Shot at Cryptos, Refers to Them as "Useless and Unsteady"

SWIFT Takes Another Shot at Cryptos, Refers to Them as "Useless and Unsteady"

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has dropped another hammer on proponents of Bitcoin and cryptocurrencies, referring to Cryptos as “useless and unstable.”

Is Ripple’s Blockchain-Powered XRP Ledger Superior to SWIFT for Cross-Border Payments?

Is Ripple’s Blockchain-Powered XRP Ledger Superior to SWIFT for Cross-Border Payments?

Ripple, compared to SWIFT payments network, may be a cheaper, more transparent, and more secure alternative for the future of payments and online banking.

Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance

Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance

In an effort to break economic ties with the United States and escape the US Dollar dominance of the global markets, Turkey is adopting blockchain and cryptocurrency at a greatly accelerated rate.

CodeQL 2.22.0 Enhances Go Coverage and Supports Swift 6.1.2

CodeQL 2.22.0 Enhances Go Coverage and Supports Swift 6.1.2

CodeQL 2.22.0, GitHub's static analysis tool, extends Go coverage and introduces support for Swift 6.1.2, improving security scanning capabilities.

Swift Partners with Chainlink for Blockchain Fund Processing

Swift Partners with Chainlink for Blockchain Fund Processing

The financial services industry witnessed a seismic shift today as Swift, the global banking messaging network that processes over $5 trillion in daily transactions, announced a groundbreaking integration with Chainlink to enable traditional funds to execute transactions directly on blockchain networks.

US Senate Introduces DEFIANCE Act to Combat AI-Generated Nonconsensual Deepfakes

US Senate Introduces DEFIANCE Act to Combat AI-Generated Nonconsensual Deepfakes

The US Senate has proposed the DEFIANCE Act in response to the increasing spread of AI-created, nonconsensual explicit imagery, exemplified by recent deepfake incidents involving Taylor Swift. This bill aims to provide legal recourse for victims and criminalize the production and distribution of such content.

US, EU Regulators Vow to Remove Russian Banks from SWIFT Network

US, EU Regulators Vow to Remove Russian Banks from SWIFT Network

One of the latest sanctions from the western camp seeks to ban specific Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) in response to the Russian invasion of Ukraine.

Swift's CBDC Connector Enters Beta Testing with Global Central Banks

Swift's CBDC Connector Enters Beta Testing with Global Central Banks

Swift, a leading provider of secure financial messaging services, has announced beta testing of its Central Bank Digital Currency (CBDC) interoperability solution. The initiative aims to bridge the gap between digital and fiat-based currencies, with three central banks and over 30 financial institutions participating in the second phase of sandbox experiments. Swift's CBDC initiative aims to ensure digital currencies and tokenized assets seamlessly integrate into the financial ecosystem, preventing "digital islands" and facilitating global value transfer.

SWIFT Works with Chainlink Labs to Develop Cross-chain Interoperability Protocol

SWIFT Works with Chainlink Labs to Develop Cross-chain Interoperability Protocol

Society for Worldwide Interbank Financial Telecommunication (SWIFT) has called for a partnership with the Chainlink Labs Cross-Chain Interoperability Protocol (CCIP) to improve the efficiency of traditional finance (TradFi) on the blockchain.

ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge

ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge

Central Banks are planning their own payments revolution which could eliminate most cryptos from the cross-border payments conversation - all except Ripple (XRP).

Celebrities, Crypto, and Controversy: The Fallout of FTX's Bankruptcy

Celebrities, Crypto, and Controversy: The Fallout of FTX's Bankruptcy

Tom Brady, the quarterback for the New England Patriots and winner of seven Super Bowls, served as an ambassador for the FTX bitcoin and crypto exchange, According to New York Times.

Exclusive: Why are Independent Third Party Crypto Custodians so Important?

Exclusive: Why are Independent Third Party Crypto Custodians so Important?

Alexandre Kech, CEO of Onchain Custodian shares with us the importance of independent third party custodian solutions. He identified three grey areas for assets under custody by the exchange and how Onchain Custodian identifies the custodial needs for crypto players and traditional financial giants!

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