One of South Korea’s largest banks released a tokenization pilot project to improve the Goods and Services Tax (GST) refund process for retail purchases.  NongHyup Bank, one of South Korea’s…

Tether released a Wallet Development Kit (WDK) for developing a non-custodial cryptocurrency wallet. The product is open source and allows the wallet to be integrated into any application, website, or…

In October 2014, a team from Blockstream introduced the innovative concept of “pegged sidechains” in their paper, “Enabling Blockchain Innovations with Pegged Sidechains.” The aim was to improve Bitcoin’s functionality…

Digital Cash, or Dash for short, is one of the most popular privacy-oriented cryptocurrencies. Besides its emphasis on confidentiality, Dash is known for its fast transaction speeds, low fees, and…

In Germany, a mobile wallet for European Digital Identify (EUDI) is currently under development. The solution will allow EU citizens to securely use digital identification within the European Union and…

Circle, the issuer of the USDC stablecoin, launched a compliance platform for blockchain applications. The new product includes tools for transaction monitoring and KYC compliance. Jeremy Allaire, CEO of Circle,…

The Linux Foundation announced the creation of a dedicated fund to support tech innovations by open source projects in blockchain, digital identity, and cryptography. Participants include major software developers, IT…

SocialFi platforms represent the next evolution in social networking by merging traditional social interactions with decentralized finance (DeFi) opportunities. CP Media previously explained how these platforms operate and how content…

Monero is the largest and most popular cryptocurrency with enhanced privacy features. The name “Monero” comes from Esperanto, meaning “coin.” Its market ticker is XMR. Monero started trading on April…