# ICON commits 0M to interoperability incentive fund

# ICON commits $200M to interoperability incentive fund

“# ICON commits $200M to interoperability incentive fund ” The ICON Foundation announced plans to launch an interoperability incentive program for 200 million ICX, or approximately $200 million at the time of publication. The foundation supports the development of the ICON network, South Korea’s largest public aggregator chain. The foundation said that it hopes this program…

Read More
# NEAR Protocol raises 0M to promote Web3 adoption

# NEAR Protocol raises $150M to promote Web3 adoption

“# NEAR Protocol raises $150M to promote Web3 adoption ” Proof-of-stake blockchain NEAR Protocol has raised $150 million in seed investments to accelerate the adoption of Web3 technologies. The team announced that the fund would be used to develop regional hubs and raise awareness for blockchain and decentralized tech. NEAR Protocol aims to use the…

Read More
# Tether freezes 0 million in USDT

# Tether freezes $150 million in USDT

“# Tether freezes $150 million in USDT ” Tether has added three more Ethereum addresses, holding more $150 million worth of the USDT stablecoin between them, to its blacklist. As a centralized company, Tether is able to blacklist addresses it believes are involved in crime, money laundering — or for any other reason it chooses….

Read More
# Iota selected for Phase 2A of EU blockchain initiative

# Iota selected for Phase 2A of EU blockchain initiative

“# Iota selected for Phase 2A of EU blockchain initiative ” On Thursday, the Iota Foundation, which oversees developments in the namesake Internet-of-Things transactions blockchain (IOTA), announced that it had been selected as one of five contractors by the European Commission to develop blockchain and distributed ledger technology in the region. According to the announcement,…

Read More
# Industry players respond to Vitalik Buterin’s thoughts on cross-chain ecosystems

# Industry players respond to Vitalik Buterin’s thoughts on cross-chain ecosystems

“# Industry players respond to Vitalik Buterin’s thoughts on cross-chain ecosystems ” Last week, Vitalik Buterin, Ethereum (ETH)’s co-founder, voiced his disapproval regarding the emergence of cross-chain bridges, citing security vulnerabilities due to their interdependency. In the days that followed, however, developers working on cross-chain technologies largely dismissed his skepticism. In a statement to Cointelegraph,…

Read More
# Swiss central bank tests wholesale CBDC with commercial partners

# Swiss central bank tests wholesale CBDC with commercial partners

“# Swiss central bank tests wholesale CBDC with commercial partners ” Switzerland took another step to clarify the roadmap for integrating central bank digital currencies (CBDC) into the current financial system.  The Swiss National Bank (SNB), the country’s central bank, completed the second phase of Project Helvetia with its partners by integrating wholesale CBDC into the…

Read More
# UK Economic Affairs Committee unconvinced by prospect of retail CBDC

# UK Economic Affairs Committee unconvinced by prospect of retail CBDC

“# UK Economic Affairs Committee unconvinced by prospect of retail CBDC ” The House of Lords Economic Affairs Committee — an investigative governing body representing the economic interests of the United Kingdom — has released an official report assessing the pertinence of a government-issued central bank digital currency (CDBC). Titled “Central bank digital currencies: a…

Read More