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Weekly News

US currency comptroller to up its game with new Office of Financial Technology in 2023

  • Post author:admin
  • Post published:October 28, 2022
  • Post category:Weekly overview

The OCC said it will incorporate its six-year-old Office of Innovation into a new agency that will help it deepen its understanding of fintech and promote responsible innovation. The United…

Continue ReadingUS currency comptroller to up its game with new Office of Financial Technology in 2023

Team Finance exploited for $14.5M during protocol migration despite contract audit

  • Post author:admin
  • Post published:October 28, 2022
  • Post category:Weekly overview

Hackers appear to have spent as little as 1.76 Ether to initiate the attack vector. On Oct. 27, decentralized finance (DeFi) lockup protocol Team Finance said that over $14.5 million worth…

Continue ReadingTeam Finance exploited for $14.5M during protocol migration despite contract audit

Fidelity report shows resilience to crypto winter, huge adoption gap among investors

  • Post author:admin
  • Post published:October 28, 2022
  • Post category:Weekly overview

Fidelity Digital Assets’ research paints a not-too-gloomy picture of the digital asset institutional investment scene, although it indicates that some segments are much more active than others. Fidelity Digital Assets…

Continue ReadingFidelity report shows resilience to crypto winter, huge adoption gap among investors

Celo ecosystem projects raise $77.3M in support of interoperability, ReFi

  • Post author:admin
  • Post published:October 28, 2022
  • Post category:Weekly overview

The Celo blockchain supports mobile-first DeFi payment infrastructure; several projects building on the platform have received venture funding. Projects building on the Celo blockchain have collectively raised $77.3 million in…

Continue ReadingCelo ecosystem projects raise $77.3M in support of interoperability, ReFi

Google launches blockchain node engine for Web3 developers

  • Post author:admin
  • Post published:October 28, 2022
  • Post category:Weekly overview

The service will simplify node infrastructure and onboarding for blockchain developers. According to an Oct. 27 announcement, tech-giant Google is launching an in-house Blockchain Node Engine (BNE) based on Google…

Continue ReadingGoogle launches blockchain node engine for Web3 developers

Telegram launches marketplace to auction rare username handles

  • Post author:admin
  • Post published:October 28, 2022
  • Post category:Weekly overview

The popular messaging app launched a new marketplace on the TON blockchain, on which it plans to auction off rare user handles. The popular messaging app Telegram announced on Oct.…

Continue ReadingTelegram launches marketplace to auction rare username handles

Why the battle for low or no transaction fees really matters

  • Post author:admin
  • Post published:October 28, 2022
  • Post category:Weekly overview

High transaction fees stand in the way of crypto achieving its full potential and being embraced by the masses — but it is possible to make transfers for free. During…

Continue ReadingWhy the battle for low or no transaction fees really matters
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