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Deutsche Bank and SC Ventures have successfully executed the first stablecoin swaps within the Universal Digital Payments Network (UDPN). This platform was established to facilitate transactions using stablecoins and Central Bank Digital Currencies (CBDC).
ThorChain's transaction volume has surged to a record $355 million. An influx of hacker activity on the network has led to total transactions topping $1 billion in just five days. Over the past four months, over 50% of the funds swapped from ETH to BTC on ThorSwap have been stolen.
OP Labs, backing the Optimism network, launched a testnet version of its novel fault-proof system aimed at bolstering both efficiency and decentralization. At present, OP Stack employs centralized sequencers to bundle and send transactions to Ethereum. However, this method prohibits users from challenging the process in case of fraudulent transactions.
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.
Ethereum has just launched the Holesky test network, albeit on the second attempt.
During a live broadcast on the EthStaker YouTube channel, one of the developers announced, 'It seems the launch has gone smoothly.' Meanwhile, another developer smiled and noted, 'It looks like we won't have to do this a third time.'" 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. 












