Blockchain News

The whole global cryptocommuinity held its breath while following the development of the conflict between the SEC and Pavel Durov’s TON. Few people believed that such an ambitious undertaking, backed by such a strong effort and vast financial resources, could be simply abandoned because of the regulatory pressure from the United States.

Ernst & Young (EY), a UK-based audit and consulting firm, is one of the world's four largest audit firms. Consulting firm Ernst & Young has launched a test beta version of its token and smart contract analysis service. The purpose of the test is to identify various risks, check the quality of the code and the effectiveness of the functionality of the code.

UMI Blockchain Ecosystem: Launched major payment systems such as VISA and MasterCard. Instant transfers, multifunctional smart contracts, profitable staking.

Ripple has launched a loan product called: Credit Line. The product is developed based on XRP. This product enables on-demand liquidity (ODL) users to use working capital loans for cross-border transactions using the XRP Ripple cryptocurrency.

According to Google Trends, user interest in Bitcoin, as well as interest in DeFi, is waning. Interest in the number of requests is usually related to price changes.

Matter Labs launched the zkSynca Layer 2 smart contract testnet and used Curve as the first resident dApp, Matter Labs' Layer 2 solution will use ZK to implement smart contract functionality in Ethereum. So far, Optimistic is the leading DeFi implementation.

Following rock star Gene Simmons, it was French DJ David Guetta's turn to join the blockchain space. DJ has just signed a deal with Sensorium Galaxy's virtual reality platform, which will launch in 2021. Sensorium has its own ERC-20 SENSO token.

The Switcheo team announced on their blog that they have created and launched Zilswap, a decentralized cryptocurrency exchange (DEX) powered by Zilliqa that will allow users to trade digital assets on the Zilliqa blockchain for the first time.

Charles Hoskinson, the founder of Cardano and former co-founder of BitShares, Ethereum and Ethereum Classic, told the AMA that the third phase of Cardano's network upgrade, "Goguen," is continuing as planned. Despite the fact that the company has postponed the release date of the roadmap.

The Algorand Foundation has partnered with cryptocurrency FinTech company Circle to launch the USDC stablecoin on the latter's blockchain. This will allow USDC to leverage Algorand's infrastructure to improve transaction efficiency and promotion opportunities.