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The crypto company LayerZero has forged a partnership with Conflux to roll out a blockchain-based SIM card (BSIM), co-developed by China Telecom. This partnership aims to simplify cross-chain fund transfers, leveraging LayerZero's innovative exchange mechanisms. While it's uncertain whether they can attract China Telecom's 390 million users, the LayerZero CEO remains optimistic. An Interview with Illia Polosukhin of Near Protocol
Illia Polosukhin is the driving force behind Near Protocol, a project within the top 40 on CoinMarketCap. In this conversation, the Co-founder, CTO, and ideologist of Near unveils the internal processes of the company, shares his vision, and provides insights into blockchain, cryptocurrency, Ukraine, and much more.
A few months after Multichain lost approximately $125 million in assets and ceased to exist, the remaining team members have announced the launch of a new project.
It was named ValueRouter, and its functionality entirely mirrors the previous application, as if nothing had changed.
This provoked skepticism and dissatisfaction within the cryptocurrency community.
ZachXBT, a famous blockchain detective, advised the team to take care of the lacking $125 million before taking on another questionable project.
Bridging the gap between fiat and the stablecoin USDC, MoneyGram has unveiled its non-custodial crypto wallet.
The payment solution ensures compliance with all KYC norms and maintains adherence to sanction regulations.
“We’re turning MoneyGram into a global ATM concept using blockchain,” shared CEO Alex Holmes. Citi's Token Service and the Future of Banking
Traditional Finance (TradFi) is experiencing a surge of transformative trends. Following the footsteps of other major entities in the sector, Citibank is embracing blockchain technology. With the innovative Citi Token Service and smart contracts, this banking behemoth is aiming to enhance the transparency and efficiency of its services.
Crypto analytics platform Nansen revealed a security breach stemming from a compromised third-party vendor. This breach led to the exposure of emails, password hashes, and some blockchain addresses for 6.8% of its users. The attacker gained admin access to an account used for customer platform access. Nansen has reached out to affected users, urging password changes and caution against phishing attacks.
The blockchain platform, founded by Bram Cohen, the creator of BitTorrent, has downsized its workforce, reducing it by 26 out of 70 employees. This development follows Chia’s 5 months filing with the SEC for its public listing, which faced setbacks due to the collapse of its banking partner, Credit Suisse. The company is also considering its first-ever token sale. Guatemala Uses Bitcoin Blockchain for Presidential Elections
Guatemala has become the world's first nation to utilize the BTC blockchain for presidential election vote tallying. Remarkably, the Bitcoin network was not employed for cryptocurrency transactions; instead, it played a pivotal role in guaranteeing transparency and upholding democratic principles in the voting process.
Binance has agreed to sell its entire russian assets to CommEX, marking a full exit from the country. The transition will take up to a year, ensuring a smooth migration for existing russian users. Notably, CommEX is a newly launched exchange, just one day into its official journey. Alex Bornyakov, the Deputy Minister of Digital Transformation of Ukraine, reflects on Binance's exit from the russian market: “There’s no longer room for any business to stay “neutral”. Blockchain technology is neutral but people leading crypto businesses should not be.” Check out our exclusive interview with Alex Bornyakov, where we delve into Ukrainian blockchain projects and digital education on the Diia.Digital platform. 









