Fidelity launches an Ethereum-based share class called “OnChain”

1 min read

Fidelity Investments is introducing a new share class called ‘OnChain’ for its Treasury money market fund. This initiative is based on the Ethereum blockchain and was announced in a recent filing with the U.S. Securities and Exchange Commission (SEC). Fidelity, which manages about $5.9 trillion in assets, will issue shares of its Fidelity Treasury Digital Fund (FYHXX) that will be recorded on the Ethereum blockchain. The OnChain share class aims

Coinbase introduces Verified Pools

1 min read

Coinbase has launched Verified Pools, a new service aimed at institutional traders. This service provides a secure and efficient on-chain liquidity solution. Verified Pools offer high liquidity while ensuring strict identity verification, including KYC and sanctions screening. This compliance is crucial for addressing common concerns of institutional investors, such as counterparty risk and regulatory issues. Unlike traditional liquidity pools, which may lack security for large investors, Coinbase’s Verified Pools require

Cardano Foundation partners with Brazil’s SERPRO

2 mins read

The Cardano Foundation is teaming up with Brazil’s state-owned IT company, SERPRO, to introduce blockchain technology into the country’s public sector. This partnership aims to modernize Brazil’s digital infrastructure. SERPRO handles 90% of Brazil’s federal public administration and processes around 33 billion transactions each year. This collaboration is a big step towards improving digital governance and promoting blockchain use in government. Brazil is recognized for its digital governance, ranking second

Orderly Integrates Monad, the EVM Layer 1 blockchain

1 min read

Orderly has integrated its omnichain liquidity infrastructure with Monad, a high-performance EVM Layer 1 blockchain. This integration allows projects within the Monad ecosystem, such as decentralized exchanges, to access deep liquidity easily. Developers can utilize a unified order book that connects cross-chain liquidity and a sophisticated SDK provided by Orderly. Orderly’s architecture is supported by over 20 expert market makers, including Wintermute, Selini, and Riverside. This support leads to narrower

Polkadot Launches JAM Course to Train Web3 Developers

2 mins read

Polkadot Blockchain Academy has launched the JAM Course, aimed at educating talented developers about Polkadot‘s new architecture. This course is a follow-up to the PBA Campus and JAM Tour, focusing specifically on the Join-Accumulate Machine (JAM) technology created by Dr. Gavin Wood. The JAM Course is designed for experienced Web3 developers who want to learn about cutting-edge blockchain innovations. It includes detailed lessons, hands-on workshops, and opportunities for discussion and

Arweave launches the mainnet of its computing platform

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Arweave has launched the mainnet of its computing platform, AO, after a year of testing. This launch allows the native tokens, previously given to AR holders and testnet users, to be transferred. AO is described as a “hyperparallel computer,” which means it can process tasks simultaneously in a distributed computing environment. The operations of AO rely on Arweave’s permanent data storage, ensuring that data remains unchanged and always accessible. Sam

DarkFi launches anonymous app in alpha

1 min read

Recently, DarKFi released an alpha version of their app, which has been in development by a community of coders, artists, and technologists for years. DarkFi is a new privacy-focused crypto project led by Amir Taaki, an early Bitcoin developer. The app is a fully anonymous Internet relay chat (IRC) but Taaki envisions it evolving into a broader product suite. Taaki mentioned that the app has many features already in place,

Arbitrum’s Balancer V3 is now live

2 mins read

Balancer V3 is a new automated market maker (AMM) that enhances capital efficiency and reduces transaction costs. It has recently launched on Arbitrum, improving decentralized finance (DeFi) on this Layer 2 blockchain. This integration makes Arbitrum a more effective DeFi hub by utilizing features like Hooks, 100% Boosted Pools, and customizable AMMs. Balancer is a permissionless platform that allows developers to create advanced trading and liquidity strategies. It automates crypto

ChainGPT and Binance Pay Join Forces on Rewards Giveaway

5 mins read

ChainGPT, a pioneer in blockchain AI solutions is delighted to announce its collaboration with Binance Pay, a secure and seamless cryptocurrency payment solution designed by Binance,. Kickstarting on February 1, 2025 this collaboration integrates CGPT into Binance Pay, expanding its usability while offering Binance Pay users additional token utility through a seamless integration into Binance Pay’s payment infrastructure and new campaigns. The partnership will explore impactful campaigns to strengthen CGPT’s adoption

Binance Pay partners with web3 payments provider xMoney

1 min read

Binance Pay, a payment solution from the well-known crypto exchange Binance, has partnered with xMoney, a web3 payments platform. This partnership aims to boost the use of cryptocurrency for payments across Europe. The announcement was made on February 3, 2025. Through this collaboration, Binance Pay will utilize xMoney’s regulatory approval as a licensed platform under the Markets in Crypto Assets (MiCA) framework. This will help bring crypto payment options to

Telcoin receives approval for its Digital Asset Depository Bank Charter

2 mins read

The Nebraska Department of Banking and Finance has approved Telcoin, Inc. to become one of the first federally regulated digital asset depository banks in the U.S. This decision follows a public hearing in December 2024 and is a major step in integrating digital assets into traditional banking. Telcoin submitted a comprehensive business plan with hundreds of pages and 29 appendices. This plan outlined how Telcoin intends to issue US dollar-backed

Swiss bank UBS tests blockchain-based gold trading on Ethereum’s ZKSync

2 mins read

UBS, a major Swiss bank, has tested its blockchain-based gold investment product called UBS Key4 Gold on the Ethereum Layer-2 network, ZKSync. This trial used ZKSync’s Validium mode, which allows for secure and private transactions while enabling fractional gold purchases. This step shows how traditional financial institutions are increasingly adopting blockchain for asset tokenization. On January 31, ZKSync announced that UBS, which manages $5.7 trillion in assets, is looking into