Huobi announced a strategic partnership with Justlend DAO to support stUSDT staking services. This cooperation aims to promote the cooperation between the two parties in the field of cryptocurrency, deepen the RWA track layout, and provide a safer and more credible path for the development and innovation of virtual assets. It is understood that the stUSDT platform provides users with pledge services on Tron (wave field) to pledge USDT to obtain RWA (Real World Assets) rewards. As the first pr...

Huobi announced a strategic partnership with Justlend DAO to support stUSDT staking services. This cooperation aims to promote the cooperation between the two parties in the field of cryptocurrency, deepen the RWA track layout, and provide a safer and more credible path for the development and innovation of virtual assets. It is understood that the stUSDT platform provides users with pledge services on Tron (wave field) to pledge USDT to obtain RWA (Real World Assets) rewards. As the first pr...

Ethereum Layer 2 network Starknet said on Twitter that it will launch Starknet V0.12.0 on the testnet next week. According to previous news, the upcoming Starknet v0.12.0 release focuses on increasing the throughput of the network to improve scale and transaction latency. To achieve this, a new Rust implementation of Sequencer will be introduced. The Sequencer contains more efficient local storage and critical path logic designed to significantly reduce transaction confirmation wait times and...

Ethereum Layer 2 network Starknet said on Twitter that it will launch Starknet V0.12.0 on the testnet next week. According to previous news, the upcoming Starknet v0.12.0 release focuses on increasing the throughput of the network to improve scale and transaction latency. To achieve this, a new Rust implementation of Sequencer will be introduced. The Sequencer contains more efficient local storage and critical path logic designed to significantly reduce transaction confirmation wait times and...

The TON Foundation announced the launch of the on-chain encrypted messaging function. The new feature allows sending private messages between TON users. It is reported that TON is forked from the code created by the Telegram instant messaging application team. Telegram abandoned the project before the mainnet launch in July 2020. However, leaving TON open sourced the code, allowing others to continue to build on the work it has done.

The TON Foundation announced the launch of the on-chain encrypted messaging function. The new feature allows sending private messages between TON users. It is reported that TON is forked from the code created by the Telegram instant messaging application team. Telegram abandoned the project before the mainnet launch in July 2020. However, leaving TON open sourced the code, allowing others to continue to build on the work it has done.

The European Commission has announced the first 20 use cases of the European Blockchain Regulatory Sandbox. The sandbox will enable regulators to enhance their understanding of cutting-edge technologies involving DLT. Participating regulators will share lessons learned and help the European Commission identify best practice. The sandbox establishes a pan-European regulatory dialogue framework to increase legal certainty for innovative blockchain solutions. Funded by the Digital Europe Initiat...

The European Commission has announced the first 20 use cases of the European Blockchain Regulatory Sandbox. The sandbox will enable regulators to enhance their understanding of cutting-edge technologies involving DLT. Participating regulators will share lessons learned and help the European Commission identify best practice. The sandbox establishes a pan-European regulatory dialogue framework to increase legal certainty for innovative blockchain solutions. Funded by the Digital Europe Initiat...

Crypto.com announced that Steve Humenik, Head of Derivatives Law, has been appointed to the Digital Asset Markets Subcommittee of the U.S. CFTC Global Markets Advisory Committee. As a subcommittee member, Humenik will focus on providing guidance and advice to GMAC on key issues affecting the U.S. market and the integrity and competitiveness of U.S. companies doing business globally, such as regulatory challenges in global markets and the multinational nature of business, including spin-offs. ...

Crypto.com announced that Steve Humenik, Head of Derivatives Law, has been appointed to the Digital Asset Markets Subcommittee of the U.S. CFTC Global Markets Advisory Committee. As a subcommittee member, Humenik will focus on providing guidance and advice to GMAC on key issues affecting the U.S. market and the integrity and competitiveness of U.S. companies doing business globally, such as regulatory challenges in global markets and the multinational nature of business, including spin-offs. ...

South Africa will require cryptocurrency exchanges in the country to obtain licenses to operate by the end of the year, the Financial Sector Conduct Authority (FSCA) said. FSCA Commissioner Unathi Kamlana said in an interview that since the licenses opened a few weeks ago, the Financial Sector Conduct Authority has received about 20 applications and expects to receive more before the November 30 deadline. The regulator plans to take "enforcement actions" that could shut down or fine the compa...

South Africa will require cryptocurrency exchanges in the country to obtain licenses to operate by the end of the year, the Financial Sector Conduct Authority (FSCA) said. FSCA Commissioner Unathi Kamlana said in an interview that since the licenses opened a few weeks ago, the Financial Sector Conduct Authority has received about 20 applications and expects to receive more before the November 30 deadline. The regulator plans to take "enforcement actions" that could shut down or fine the compa...

New Zealand's central bank, the Reserve Bank of New Zealand (RBNZ), director of currency and cash, Ian Woolford, said in a statement that the central bank agrees that regulatory action on cryptocurrencies is not needed at this time, but vigilance is needed. Woolford said the filing showed "significant risks and opportunities" in cryptocurrencies, as well as "uncertainty" about the industry's development, and therefore required extra attention. The RBNZ appears to be waiting to see h...

New Zealand's central bank, the Reserve Bank of New Zealand (RBNZ), director of currency and cash, Ian Woolford, said in a statement that the central bank agrees that regulatory action on cryptocurrencies is not needed at this time, but vigilance is needed. Woolford said the filing showed "significant risks and opportunities" in cryptocurrencies, as well as "uncertainty" about the industry's development, and therefore required extra attention. The RBNZ appears to be waiting to see h...

In the class action case Zakinov v. Ripple Labs Inc., federal judge Phyllis J. Hamilton of the U.S. District Court for the Northern District of California issued a class certification order on June 30 affirming that U.S. investors have the right to seek legal recourse. The lead plaintiff alleges that Ripple violated federal and state laws by failing to register its digital asset, XRP, as a security. The judge’s order enables tens of thousands of XRP buyers to file securities claims against Ri...

In the class action case Zakinov v. Ripple Labs Inc., federal judge Phyllis J. Hamilton of the U.S. District Court for the Northern District of California issued a class certification order on June 30 affirming that U.S. investors have the right to seek legal recourse. The lead plaintiff alleges that Ripple violated federal and state laws by failing to register its digital asset, XRP, as a security. The judge’s order enables tens of thousands of XRP buyers to file securities claims against Ri...

Binance Labs has opened applications for the sixth season of its Incubation Program, a program for founders launching innovative early-stage Web3 projects with customized courses and resources from across the Binance ecosystem. The deadline for applying for Binance Labs’ sixth-season incubation program is 14:59 on August 1, 2023, Beijing time (11:59 pm on July 31, 2023, Pacific time).

Binance Labs has opened applications for the sixth season of its Incubation Program, a program for founders launching innovative early-stage Web3 projects with customized courses and resources from across the Binance ecosystem. The deadline for applying for Binance Labs’ sixth-season incubation program is 14:59 on August 1, 2023, Beijing time (11:59 pm on July 31, 2023, Pacific time).

The Chicago Board Options Exchange (Cboe) website shows that the company resubmitted its 19b-4 bitcoin spot ETF application on Friday. The latest filings cover several funds including Invesco Galaxy Bitcoin ETF, VanEck Bitcoin Trust, WisdomTree Bitcoin Trust and Wise Origin Bitcoin Trust. In filings for the Fidelity Wise Origin Bitcoin Trust, Cboe said it expects to enter into a custody-sharing agreement with Coinbase, Inc. Similar language is included in the Invesco and WisdomTree filings. C...

The Chicago Board Options Exchange (Cboe) website shows that the company resubmitted its 19b-4 bitcoin spot ETF application on Friday. The latest filings cover several funds including Invesco Galaxy Bitcoin ETF, VanEck Bitcoin Trust, WisdomTree Bitcoin Trust and Wise Origin Bitcoin Trust. In filings for the Fidelity Wise Origin Bitcoin Trust, Cboe said it expects to enter into a custody-sharing agreement with Coinbase, Inc. Similar language is included in the Invesco and WisdomTree filings. C...

The Hong Kong Stock Exchange’s disclosure website shows that Lianlian Digital Technology Co., Ltd. (Lianlian Digital Technology Co., Ltd.), an independent digital payment solution provider, has submitted a listing application to the Hong Kong Stock Exchange. The joint sponsors are CICC and JP Morgan Chase. It is worth mentioning that Lianlian Digital mentioned in the prospectus that it is preparing to submit an application for a virtual asset service provider license to the Hong Kong Securiti...

The Hong Kong Stock Exchange’s disclosure website shows that Lianlian Digital Technology Co., Ltd. (Lianlian Digital Technology Co., Ltd.), an independent digital payment solution provider, has submitted a listing application to the Hong Kong Stock Exchange. The joint sponsors are CICC and JP Morgan Chase. It is worth mentioning that Lianlian Digital mentioned in the prospectus that it is preparing to submit an application for a virtual asset service provider license to the Hong Kong Securiti...