On the Ethereum blockchain at block 12,244,000, the planned hard fork of Berlin took place. The update includes four proposals to improve the current Ethereum network and reduce fees. Berlin’s goal is to reduce transaction fees on the network. Considering that Ethereum is in high demand among projects working with decentralized finance (DeFi) and non-fungible tokens (NFT), this network lacks the ability to quickly process transactions. As a result, users are forced to pay high

French bank Société Générale is launching stock tokens based on the Tezos blockchain to integrate with banking systems and interact with institutional clients. Société Générale will present its own tokenized shares with the participation of Forge subsidiary. The launch of stock tokens will expand the list of services provided to institutional investors. This step could bring the bank closer to the cryptocurrency market by 2022. The investment giant called it a new experiment in line

The European Central Bank has published a report on the results of the public discussion related to the launch of the digital euro. The survey participants expressed what they want to see this digital currency. Public consultations on the potential launch of the state cryptocurrency were held from October 12, 2020 to January 12, 2021. The European Central Bank (ECB) received over 8,200 comments. The overwhelming majority of respondents (94%) were private individuals. Banks, payment

India’s finance minister said the new regulation will protect investors from crypto asset volatility. According to experts, the government may propose an emergency stop mechanism for trading. Anurag Thakur said in an interview with Times Now that the government intends to protect investors from cryptocurrency market volatility. However, how the legislators plan to do this, the Indian finance minister did not specify. “The price volatility of cryptocurrencies is so high – unlike fiat currencies –

The New York Stock Exchange (NYSE) has not escaped the NFT craze. The exchange will create six non-fungible tokens (NFT) dedicated to the first trading of shares of some companies. The NYSE has unveiled a set of NFTs, symbolizing the issuance of shares of six companies: Coupang, DoorDash, Roblox, Snowflake, Spotify and Unity. Collectible tokens called “First trades” are designed to “preserve for posterity” the listing of these shares, selected according to unknown criteria. Each

The Linux Foundation Technology Consortium and the American Association of Insurance Services (AAIS) have launched a blockchain-based Open Insurance Data Link platform for insurance companies. The Open Insurance Data Link (OpenIDL) project is an open source platform. According to the developers, the use of distributed ledger technology (DLT) will automate business processes in the insurance industry and ensure transparent data exchange between stakeholders. OpenIDL can help you reduce costs and save time in property and

The Electric Coin Company (ECC) developers have revealed details about Halo Arc, a set of updates for the confidential cryptocurrency Zcash. Its launch is scheduled for October 1, 2021. Halo Arc includes updates to Zcashd (Zcash Consensus Node), a prototype ECC wallet, and a development kit (SDK). The wallet will allow you to conduct anonymous transactions by default. Today, users use this Zcash feature at their own discretion. Halo Arc was originally slated to launch

Binance cryptocurrency exchange is launching fractional tokenized Tesla shares to expand access to traditional assets without having to buy them in full. Tesla, an electric vehicle company, will be the first tokenized stock from the stock market to be traded on Binance. As of today, Tesla’s share price is about $ 677. However, Binance users do not have to buy a “whole” share – the minimum purchase size is only one hundredth of a Tesla

Analyst firm CipherTrace has announced the DeFi Compli tool. It will exclude the interaction of DeFi projects with cryptocurrency addresses from the OFAC sanctions list. DeFi Compli will monitor that addresses used for trading on Decentralized Exchanges (DEX) are not blacklisted by the Office of Foreign Assets Control (OFAC). This list includes cryptocurrency addresses related to drug trafficking, terrorist financing, “election interference”, cybercrimes and other illegal activities according to the US government. CipherTrace has launched

According to a survey by investment bank Piper Sandler, 9% of teens in the US were trading cryptocurrencies. Experts consider it dangerous that young people are trading in “high-risk assets”. Piper Sandler’s Taking Stock With Teens survey surveyed 7,000 teens and about 630 of those surveyed said they had traded cryptocurrencies. However, the survey did not collect any additional information about which cryptocurrencies were at the disposal of young people, the respondents kept the cryptocurrency