“The European Union, acting on its two-year-old vision for a European blockchain services network (EBSI), has unveiled the minimum technical requirements for nodes participating in its bloc-wide testnet.
Nodes in ESBI version 1.0 must feature at least three computer hosts: a master for core services and two protocol hosts for the BESU and Hyperledger Fabric blockchains. Member states can stage their nodes physically or virtually.”
“What people are doing in the digital asset space is effectively building within a decade or less an entire economic system based on human incentives and trust … I just find that fascinating.
Tarbert said he is fascinated by decentralized finance (DeFi).
When you think about the idea that at some point a large part of our financial system could very well exist in blockchain format, that’s also revolutionary.”
“FiCAS AG will [actively] manage a Bitcoin Capital Active ETP’s portfolio of up to 15 altcoins as determined by market capitalization, liquidity and the rules of its host exchange, the SIX Swiss Exchange.
Product managers will trade bitcoin against ETH, XRP, BCH, LTC, BNB, EOS, ADA, XLM, XTZ, TRX and exit to Swiss francs, euros and U.S. dollars.”
See Also: Israel’s Stock Exchange Says It Is Launching a Blockchain Platform for Securities Lending
“Per local regulations, any encryption technology used in public applications in China must be developed in China and registered with Beijing. Hyperledger, for instance, is reportedly working on a government-approved “refined” version of its fabric with a China-developed encryption protocol for use inside the country.
With that in mind, it’s likely that one of the priorities of the Beijing Certificate Authority’s assessment process will be ensuring that government-approved encryption keys are used.”
“The milestone comes as the price of ETH increases and Ethereum 2.0 progress give investors confidence about the long-term potential of the decentralized protocol. Futures contracts are the domain of more sophisticated traders, indicating that the smart money is feeling good about where Ethereum may be headed next.
BTC futures open interest passed the $4 billion mark on July 21, but have increased at just half the rate of Ethereum futures interest since recent price jumps began.”
See Also: Soaring DeFi Usage Drives Ethereum Contract Calls to New Record
“Blockchain firm Mainframe has acquired Sablier, an Ethereum-based protocol for real-time finance. Mainframe plans to integrate Sablier’s money streaming technology into a fixed-rate lending protocol and create tokenized debt markets akin to digital bonds.
Crypto-backed loans often require collateralization rations of 150% or higher, and borrowers don’t fully actualize their spending power. With Mainframe’s novel Guarantor Pools providing protection for collateral vaults, collateralization ratios can be much lower without increasing risk to the system.”
“The Graph has launched the testnet version of its decentralized infrastructure that will make it easy for anyone to get data from a blockchain.
Founded in 2018, the Graph’s purpose is to give developers the ability to request specific blockchain data, which is typically hard to access. But rather than run a centralized service, it is based on its own blockchain. This enables it to be a decentralized part of the Web 3 stack.”
“The Fasset Enterprise Platform (FEP) enables hard-asset owners in sustainable infrastructure to tokenize their assets for fundraising purposes.
The system is intended to democratize investments in sustainable infrastructure, including the construction of solar power plants, wind farms and fiber optic networks, by tokenizing (creating digital representations of) those assets to make them accessible to a global pool of investors.
Infrastructure assets are some of the most resilient and long-yielding financial assets, continuing to provide dividends long after the project is complete.”
“Celsius lends out portions of the collateral borrowers hand over. Because of rehypothecation, which the trader said several crypto lending platforms are engaging in, he is seeing many clients pull out. The lender’s rehypothecation of loan collateral is also why crypto miners don’t take out loans from the firm – they don’t want to end up unable to access crypto they mined.
Anastasia Golovina, an external spokesperson for Celsius at the Ditto PR agency, confirmed the company also makes uncollateralized loans. Celsius has also at times invested deposits in perpetual swaps, futures-like contracts with no expiry date. This activity, one source said, increases Celsius’ vulnerability to brutal sell-offs.”
“The No More Ransom decryption tool repository, an initiative launched by Europol to combat ransomware attacks, has saved individuals $632 million in ransom demands since 2016.
The initiative’s website lists 100 different tools covering 140 different families of ransomware.”