Achieving interoperability between different layer-1 networks is crucial for the growth and adoption of blockchain technology.
According to the Bitcoin custodian, utilizing the USDC stablecoin will allow members to deposit and withdraw funds without fees.
Australia’s prudential regulator has purportedly told banks to improve reporting on crypto assets and provide daily updates.
Chances that the hacker will return the entire loot of $197 million remain slim, as no more outbound transactions — other than the 3,000 ETH — were recorded at the time of writing.
The bank concluded that a “hub-and-spoke” model between CBDC domestic systems could “reduce settlement and counterparty risk” and complete cross-border transactions in seconds.
Xapo Bank members will now be able to instantly pay for small purchases of up to $100 at any vendor accepting Lightning payments.
Solana Labs founder and CEO Anatoly Yakovenko said claims that Solana’s network outages were caused by on-chain voting were born out of “pure ignorance.”
Florida-based lawyer Drew Hinkes described the bill as “the most unworkable state law” related to blockchain and cryptocurrency that he has ever seen.
Back in November, the percentage of Ethereum blocks complying with orders from the Office of Foreign Asset Control peaked at 79%.
Glassnode noted that this is the first time in Bitcoin history that the network has been used for purposes other than monetary.