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Joined: November 21, 2023
Articles: 845

Press Releases

ETH Liquid Restaking Protocol YieldNest Raises $5.2M in Contribution Round

YieldNest simplifies and enhances ETH yields for EigenLayer restakers through curated AVS Baskets and specific AVS categories, reducing risk and operational complexity. Industry veterans-led liquid restaking protocol YieldNest is gearing up for its first product release, ynETH, later this month. This liquid restaking token boosts and auto-compounds ETH yields from a custom-curated AVS basket. YieldNest … Continued The post ETH Liquid Restaking...

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April 17, 2024

News

UK Finance launches experimental phase for Regulated Liability Network.

UK Finance, a key entity in the UK banking and finance industry, has launched an experimental phase that will explore the capabilities and benefits offered by the UK Regulated Liability Network. This phase of innovation involves a partnership between eleven member organizations to unlock new opportunities in digital transactions and financial management.

The experiments conducted under this initiative will scrutinize three distinct use cases: payment-upon-delivery for physical products, improvements in the homebuying process, and digital bond settlement. These cases were chosen to address challenges within the current financial system, from fraud in online transactions to inefficiencies with property transactions and bonds settlements.

Payment-upon-Delivery for Physical Products

This use case was designed to combat online fraud by ensuring payments are only made when the product has been successfully delivered. This approach leverages the capabilities of RLN to boost security and trust for e-commerce. It offers a more reliable experience for customers.

Homebuying Process Improvements

This use case, which focuses on the real estate industry, aims to increase transparency for customers, and reduce conveyance fraud. Conveyance fraud is a common issue, where deception is used to avoid creditor claims. This application of the RLN is expected to offer a safe and transparent platform for real estate transactions, reducing risks associated with dealings in property.

Digital Bond Settlement

The third use-case explores the use digital money to settle digital bonds. This initiative aims to streamline settlement processes by incorporating the RLN. It could reduce costs and improve operational efficiency on financial markets.

Alignment of Project Rosalind

The experimental phase of RLN is closely aligned to Project Rosalind, a collaboration initiative between Bank for International Settlements (BIS) and Bank of England. Project Rosalind focuses on the development of an application programming interface for a possible digital pound. The RLN experiment is designed to test foundational capabilities for future digital currency initiatives.

The collaboration between UK Finance, its member organisations and the RLN experiment marks a major step in modernizing the UK's financial landscape. The initiative promises to improve operational efficiency and position the UK as a leader in financial innovation by addressing critical issues with tailored use cases, aligning them with larger digital currency projects such as Project Rosalind.

The results of these experiments are expected to have a significant impact on the future development of a more efficient, transparent and safe financial system.

Image source: Shutterstock

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New Crypto Listings Recently | Where to Buy 2024-04-17

SROC (SROC)------------Today5

shork (SHORK)$0.006917 3.73% 3.29 % -- $489,673
7.73BTC--Today6

Safe (SAFE)----------427,000,000 SAFEToday7

Rug World Assets (RWA)$2 1.78% 9.82 % $17,030,472 $2,437,471
38.48BTC8,499,512 RWAToday8

Ready To Fight (RTF)------------Today9

NeuroWeb (NEURO)------------Today10

Monku (MONKU)$0.000995 8.35% 17.87 % -- $1,960,688
30.96BTC--Today11

MeowGangs (MEOWG)$0.001137 3.08% 9.22 % -- $1,618,615
25.56BTC--Today12

Mahabibi Bin Solman (MBS)$0.001708 4.42% 14.40 % -- $321,772
5.08BTC--Today13

Kweek Coin (KWK)----------300,000,000 KWKToday14

Jupiter Staked SOL (JupSOL)------------Today15

HULVIN (HULVIN)$0.0114 1.23% 2.69 % -- $3,251,151
51.33BTC--Today16

Drift Protocol (DRIFT)------------Today17

Diment Dollar (DD)$0.9999 0.03% 0.01 % -- $627,298
9.91BTC--Today18

Crypto Valley Exchange (CVEX)------------Today19

Book of Solana (BOSOL)$0.000828 0.15% 5.81 % -- $265,512
4.19BTC--Today20

BitMin Wallet (BMN)------------Today21

ARQx (ARQX)------------Today22

World Bank (WORLD)$22.29 20.58% 24.27 % -- $355,403
5.61BTC--1 Day Ago23

Wolf Of Solana (WOS)$0.001544 6.59% 16.63 % -- $94,770
1.5BTC--1 Day Ago24

Verifiable Oracle Protocol (OLM)$0.0532 2.67% 71.58 % -- $5,382,861
84.97BTC--1 Day Ago25

UXLINK (UXLINK)------------1 Day Ago26

Tradeleaf (TLF)$0.002214 2.98% 19.78 % -- $469,639
7.41BTC--1 Day Ago27

toby (TOBY)$0.0000000293 5.45% 5.58 % -- $160,226
2.53BTC--1 Day Ago28

Solana Kit (SOLKIT)$0.0226 5.13% 9.10 % -- $3,512,873
55.46BTC--1 Day Ago29

Pepewifhat (PEPEWIFHAT)$0.001205 0.84% 23.59 % -- $240,922
3.8BTC--1 Day Ago30

Katy Perry Fans (KATYCAT)------------1 Day Ago

admin
April 17, 2024

Press Releases

ETH Liquid Restaking Protocol YieldNest Raises $5.2M in Contribution Round

admin
April 16, 2024

Press Releases

Condo Launches on Base Chain: World’s First RWA Meme Token with Innovative Treasury Strategy

Condo, the world’s first real-world asset (RWA) meme token, was recently launched on the Base chain, marking a significant shift in the meme token landscape. Condo integrates real-world asset investments through an actively managed treasury, setting itself apart from conventional meme tokens focused solely on social media trends. Inspired by Nathan, the visionary leader behind … Continued The post Condo Launches on...

admin
April 16, 2024

Press Releases

Cove Partners with Bazaar for COVE Token Auction to Decentralize and Bootstrap Protocol Liquidity

Cove, the first onchain portfolio manager that eliminates loss-versus-rebalancing, has announced a strategic partnership with Bazaar, the decentralized and chain-agnostic launchpad. This collaboration is set to revolutionize the way Cove engages with its community by offering a fair and accessible opportunity to participate in the COVE token launch. COVE is at the heart of the … Continued The post Cove Partners with...

admin
April 16, 2024

Newly Listed Cryptocurrency Tokens

New Crypto Listings Recently | Price 2024-04-16

World Bank (WORLD)$18.94 2.20% 2.23 % -- $13,300
0.2102BTC--Today2

Wolf Of Solana (WOS)$0.00192 4.67% 4.67 % -- $342,357
5.41BTC--Today3

Verifiable Oracle Protocol (OLM)$0.0337 14.97% 15.65 % -- $6,851,434
108.29BTC--Today4

UXLINK (UXLINK)------------Today5

Tradeleaf (TLF)------------Today6

toby (TOBY)$0.0000000303 0.09% 0.01 % -- $237,542
3.75BTC--Today7

Solana Kit (SOLKIT)$0.0212 13.74% 13.74 % -- $7,665,429
121.11BTC--Today8

Pepewifhat (PEPEWIFHAT)$0.00195 7.50% 7.50 % -- $723,882
11.44BTC--Today9

Katy Perry Fans (KATYCAT)------------Today10

KAARIGAR Connect (KARCON)------------Today11

GENOME (GENOME)$0.0152 0.12% 0.44 % -- $1,426.85
0.0225BTC--Today12

Eric the Goldfish (ERIC)$0.002457 0.73% 21.75 % -- $1,099,772
17.38BTC--Today13

Colle AI (COLLE)------------Today14

CeDeFiAi (CDFI)$0.3603 0.33% 0.56 % -- $3,905.54
0.0617BTC--Today15

AIBOT (AIBOT)------------Today16

1INTRO (INTRO)------------Today17

Yaoyao's Cat (YAOYAO)$0.0000338 5.14% 11.82 % -- $26,941
0.4258BTC--1 Day Ago18

Wuffi (WUF)$0.0000002096 0.30% 5.49 % -- $430,649
6.8BTC--1 Day Ago19

Wally The Whale (WALLY)$0.0000011 2.65% 28.57 % -- $299,524
4.73BTC--1 Day Ago20

Vatra INU (VATR)$0.00971 4.97% 40.72 % -- $92,766
1.47BTC--1 Day Ago21

Streamlining AI (SMAI)------------1 Day Ago22

SOLOK (OK)------------1 Day Ago23

Soiler (SLR)$0.119 775.00% 35.54 % -- $7,689.64
0.1215BTC--1 Day Ago24

SedraCoin (SDR)$0.000732 15.43% 24.69 % -- $82,749
1.31BTC--1 Day Ago25

Ordinal Doge (ODOGE)$0.0065 18.42% 70.91 % -- $14,374
0.2272BTC--1 Day Ago26

LuluOasis (LULU)------------1 Day Ago27

KARASOU (INTELLIQUE)$58.2 0.08% 4.59 % -- $35,189
0.5561BTC--1 Day Ago28

KittenWifHat (KITTENWIF)$0.006047 2.01% 38.53 % -- $2,010,123
31.76BTC--1 Day Ago29

Keyboard Cat (KEYCAT)$0.003521 1.95% 33.47 % -- $1,487,308
23.51BTC--1 Day Ago30

Jump (JUMP)$0.0007 22.22% 99.92 % -- $23,187
0.3665BTC--1 Day Ago

admin
April 16, 2024

Press Releases

Ledger and Stader Strengthen Collaboration, Stader Offers Highest Rewards for One-Click Eth Liquid Staking on Ledger Live.

Ledger and Stader Labs’ collaboration has grown stronger, ushering in an era of one-click ETH staking for Ledger users with highest rewards. With standard staking rewards at 3.5%, Stader is offering more than double staking rewards on Ledger. ETHx users on Ledger can now earn 10% staking rewards for the first month and 6% for … Continued The post Ledger and Stader...

admin
April 15, 2024

Press Releases

Exploring the Super-charged Layer 1 Omni Network – Binance’s Latest Launchpool Project

Omni Network, a groundbreaking layer 1 blockchain, has come with the needed solutions to scalability and interoperability issues. The primary keyword for its solution is “unification,” which brings all Ethereum rollups to an interconnected environment. The project kicked off an opportunity for users to participate in the Binance Launchpool and farm OMNI tokens. The farming … Continued The post Exploring the Super-charged...

admin
April 15, 2024

News

Ethereum’s Pectra upgrade will enhance wallet functionality and user experience

Ethereum's Pectra update, due in 2024, could enhance the functionality of crypto wallets, including smart contracts. However, it will also raise security concerns.

Ethereum's Pectra update, due in 2024 or 2025, will add new features to cryptocurrency wallets and improve user experience. Ethereum Improvement Proposal 3074 is one of the main suggestions of the update. It would allow regular cryptocurrency wallets, such as transaction bundling, to function like smart contracts.

Improved Crypto Wallet Functionality and Usability

The Pectra update will bring a number of improvements for cryptocurrency wallets, allowing consumers to have a more efficient and effective experience. With the addition of EIP 30,74, users will be able to benefit from transaction bundles. This allows multiple transactions to be bundled and processed as one transaction. This feature can reduce transaction costs and increase productivity.

This update will allow users to use wallets not based on Ethereum, but still gain access to Ethereum's network features. This functionality will allow users to interact with dApps, and benefit from Ethereum's ecosystem, without needing to own Ether.

Important Security Points

Even though Pectra's update contains several new and interesting features, users must remain vigilant about any security issues. Users must take precautions to protect their wallets and valuables, as there is always the risk of financial loss when completing financial transactions.

It is essential to use a trusted wallet and adhere to the recommended security procedures. These include creating strong passwords, activating two-factor authentication and updating your hardware and software. Users should also be cautious when using dApps that are not identified or participating in sponsored transaction, as these activities can pose additional dangers.

The Ethereum Pectra upgrade is expected to be deployed in late 2024, or early 2025. It will enhance cryptocurrency wallets significantly by adding new features and improving the user experience. Standard cryptocurrency wallets can now perform smart contract functions, such as sponsored transactions and transaction bundles, with the addition of EIP 3074. Users should prioritize wallet security and be cautious to reduce the risk of any harm.

Source: Shutterstock

admin
April 15, 2024

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