US bank JPMorgan rolls out a new settlement feature for automatic blockchain payments triggered by certain conditions. The post JPMorgan Blockchain Now Allows Automatic Cash Swaps appeared first on BeInCrypto.
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JPMorgan has executed its first over-the-counter derivatives trade using blockchain technology. The bank's Tokenized Collateral Network transformed BlackRock shares into digital tokens, marking a significant step towards commercializing blockchain applications in finance. The post BlackRock & Barclays First to Tap JPMorgan Blockchain for Collateral Settlements appeared first on BeInCrypto.
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Ethereum Layer 1 and Tron account for 88% of total blockchain transaction fees, according to Bloomberg analyst Jamie Coutts. He also highlighted challenges for other blockchains such as oversupply of blockspace. The post These 2 Blockchains Dominated Fees over Past 12 Months: Bloomberg Analyst appeared first on BeInCrypto.
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PwC has highlighted the use of blockchain technology to address financial inclusion, noting the rise of stablecoins and the need for alternatives to traditional financial institutions. The post PwC Urges Blockchain in Developing Nations, 43% Lack Digital Payment Access appeared first on BeInCrypto.
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Visa is expanding its capabilities for digital currency settlement using Solana and USDC. The post Solana and USDC Transaction Speeds Open the Door to Wider Adoption appeared first on BeInCrypto.
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Layer 2 blockchains like Base, which has been the fastest ever L2 to reach a million, have embraced a tokenless design to create a more Ethereum-like experience. The post New Layer 2s Are Growing Fast — Is Tokenless the Future? appeared first on BeInCrypto.
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A new Ethereum testnet named Holesky is set for a September debut, while the Goerli testnet will retire next year. The post Ethereum Testnet “Holesky” to Launch in September Ahead of Goerli Deprecation appeared first on BeInCrypto.
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In the week of its launch, Base has emerged as one of the top-three chains for NFT transfers, beating established peers such as Arbitrum, Avalanche, and Optimism. The post Base Emerges as Top NFT Platform: Ranks Third for Transfers appeared first on BeInCrypto.