Author: Yeek.io

Société Générale successfully executes collateralized market transaction with Banque de France, using digital securities and CBDC on blockchain. Société Générale, France‘s third largest bank by total assets after BNP Paribas and Crédit Agricole, has completed a blockchain-based repo transaction with the Banque de France, the national bank of France. In a Dec. 13 press release, the French bank said the deal involved bonds issued on the Ethereum (ETH) blockchain, which were used as collateral in exchange for central bank digital currency from the Banque de France. According to the announcement, this is the first repo transaction with a central bank…

AI platform Atua’s developer, KaJ Labs, announced a $100 million investment into building advanced AI solutions to the XRP ecosystem. According to the press release, KaJ’s investment is meant to be used for driving adoption of AI-driven solutions and adapt its capabilities to suit the landscape of decentralized finance and enterprise operations found in the Ripple (XRP) ecosystem. Atua AI is known as an on-chain enterprise platform that uses artificial intelligence-led technology to improve business operations. By integrating Atua’s AI-driven technology with XRP’s blockchain technology, the platform hopes to bridge the gap between blockchain and AI technology. The $100 million…

contributor Posted: December 13, 2024 Whales bought 210 million DOGE during the recent price correction.  The market structure saw multiple higher lows as it rebounded on 2-hour timeframe.  The cumulative holdings of whales holding between 10 million to 100 million Dogecoin [DOGE] rose noticeably in the recent weeks, correlating with significant buying activity during price dips. Dogecoin whales have indeed been active, as approximately 210 million DOGE were purchased by these large holders. This buying behavior often stabilizes or pushes the price up, as it reduces the available supply on the open market. So, DOGE is in a position to…

As the leading platform for crypto user acquisition, Layer3 sets itself apart from competitors with key features such as: Multi-wallet support, funneling, and tracking Multi-chain support spanning both EVM and non-EVM chains By determining which wallet explorers use for each Layer3 Quest, we are uniquely positioned to elevate user acquisition (and retention) for leading providers. As a core example, explore the Phantom Community Page spanning Quests on Ethereum, Polygon, and Solana: Our first Solana Collection catalyzed over 60,000 users to explore Solana through Phantom. By discovering leading Solana dapps such as Orca, Magic Eden, and Tensor – on-chain adventurers were…

SUI’s price soared to new highs on the charts, aided by robust DEX volumes The state of demand is worth assessing here, especially in the context of the potential for profit-taking Sui network has reportedly just noted a burst of on-chain activity, one that has pushed its DEX volumes to record highs. Its price action has also been extremely volatile this week, with the same hitting a new ATH on the charts. According to its official X handle, the Sui network’s total recorded DEX volume hit a new milestone of $35 billion. This was backed by a burst of daily…

If you’ve bought bitcoin, chances are that you want to self-custody. Without self-custody, you don’t really have bitcoin, so why wouldn’t you? Using a hardware device to set up an offline bitcoin wallet is generally recommended. But backing up your wallet is actually much more important than having a hardware wallet. Yet, bitcoin backups are often ignored as an afterthought. We’ll now be looking into why backing up your bitcoin wallet is crucial, but more importantly how to properly do it with the right products to secure your bitcoin holdings for multiple generations without trusted third parties. Backup FirstIf you…

Este artículo también está disponible en español. Ethereum (ETH) has seen a significant 4.7% recovery in the last 24 hours, reclaiming a crucial support zone. This performance has fueled a bullish sentiment among some market watchers, who consider the cryptocurrency to break above a key resistance level in the coming days. Related Reading Ethereum Reclaims Key Support Nearly a week ago, Ethereum jumped above $4,000 for the first time in nine months, nearing its march-high and the long-awaited $4,100 resistance level. However, the cryptocurrency’s rally was momentarily paused after the crypto market saw a significant pullback. Earlier this week, ETH…

The Special Contribution Period for the KZG Ceremony ran 01-16 April 2023. This allowed participants to contribute in ways that may not have been possible in the Open Contribution period. While the Ceremony only needs a single honest participant to provide a secure output, Special Contributions provide additional assurances beyond a standard entropy contribution: computing over the entropy in an isolated environment (eg. on an airgapped machine, wiping and physically destroying hardware) means that it’s unlikely for a malicious entity to have extracted the entropy at any point.detailed documentation (explore links below) attached to real reputations are unlikely to all…

Resolv, a decentralized stablecoin protocol, saw its total value locked (TVL) reach a new all-time high of $77 million, as per DefiLlama. The platform’s TVL has soared over 380% since the beginning of November, becoming one of the best-performing DeFi protocols on Ethereum. Resolv offers a decentralized stablecoin called USR, which is pegged to the US dollar and is fully backed by Ethereum. It borrows Ethena’s delta-neutral design to ensure price stability and is backed by an insurance pool to provide additional security and ensure overcollateralization. Resolv Liquidity Pool (RLP) holders receive an annual percentage yield (APY) ranging between 15%…

Homepage > News > Finance > RBI sets up expert committee for ethical AI framework The Reserve Bank of India (RBI) has announced its plans to set up a committee to develop a framework for the ethical enablement of artificial intelligence (AI) for the finance sector. The committee, comprising experts from diverse fields, will be tasked to recommend a robust, comprehensive, and adaptable AI framework for the financial sector.  “The financial sector landscape is witnessing rapid transformation, enabled by technologies such as AI, tokenization, cloud computing, etc.,” RBI Governor Shaktikanta Das said in his Monetary Policy statement. Monetary Policy refers to actions taken by a country’s central…