Binance-owned Indian Crypto exchange WazirX has partnered with Matic in a Defi project. They chose the Matic network over Ethereum because of Ethereum’s lack of scaling and were not willing to wait around for Ethereum 2.0.
IBM to help banks get into DEFI
IBM is planning to help banks get into DEFI with blockchain. Its kind of strange because IBM mainly deals in private blockchains which are not decentralized. It probably has to do with integration via hyperledger fabric.
Chainlink surpasses BTC trading volume on coinbase
Chainlink has surpassed Bitcoin’s trading volume on Coinbase. Although most likely temporary, Chainlink’s interest is huge and the coin may continue to rise into the $15-$20 range.
Vechain partners with Mastercard and Alibaba
Vechain through APAC is partnering with Mastercard and Alibaba on a new system for authentication of goods in the Asia-Pacific region.
Mandatory MCO/CRO Swap
There is a mandatory, MCO/CRO swap going on and you need to swap before Nov 2 or your coins will become useless. There is a bonus if you swap before Sept 2.
Bank of England adding CBDC onto the Settlement system
The Bank of England has contracted Accenture to revamp their current RTGS settlement system. The system will go live in 2022.
Cardano Shelley launches
Cardano’s Shelley hardfork has finally happened, moving Cardano from the Byron Era to the Shelley Era. There will be more announcements coming soon and Gogen, Voltaire, and partnerships will soon be coming within the next 6 months, as well as an ERC-20 converter. Stayed tuned.
Vechain adopted by ITC hotels
Vechain via DNVGL is being adopted by ITC hotels, the 3rd largest hotel chain in India. ITC hotels will use its MyCare technology to ensure health and Safety standards for employees as well as customers.
Cardano and Chainlink Possible partnership
The CEOs of Chainlink and Cardano have met with each other and although nothing solid has been announced, Charles Hoskinson has already said there will be an announcement in due time. This raises the possibility that after Gogen, Chainlink could possible move to Cardano due to the Non-scaling issues of Ethereum. This could be a win for both parties.
Banks can now be Custodians of Crypto
A regular from the OCC announced today that Banks can now be custodians for crypto. This is a giant step for crypto as this will allow trusted institutions to hold and secure crypto for large institutional investors and may start pouring another round of money into the cryptocurrency market.