Crypto News

Standardization of Blockchain Data Format Enhances Interoperability Between Chains – Nick Yushkevich

According to Nick Yushkevich, standardization of blockchain data formats is crucial as it enhances the interoperability of distinct protocols and fosters broader adoption of the technology. Yushkevich, the director of product at blockchain infrastructure provider Quicknode, added that such standardization helps to improve communication between systems. Unlocking the Full Potential of Blockchain Data Yushkevich statedSource link

Galaxy Digital-Owned Crypto Custody Specialist GK8 Unveils Tokenization Wizard

The first client to use the tool will be a partnership between asset manager DWS, Flow Traders and Galaxy to manage a fully collateralized euro-denominated stablecoin, GK8 said.Source link

Crypto Exchange Deribit Moves Headquarters to Dubai after Oobtaining VASP License

Crypto exchange Deribit moves headquarters to Dubai after obtaining a VASP license, expanding crypto trading services in the region. (Read More)Source link

Byte Federal Launches Point of Sale System for Merchants Seeking to Accept Bitcoin

PRESS RELEASE. Byte Federal, a leading company in the global financial technologies space, is proud to announce the official launch of its point of sale (POS) system, ByteConnect. This product launch marks a significant expansion of Byte Federal’s “fintech focused” services, showcasing a commitment to building a full suite of financial tools for economic freedom.Source link

Ark Invest’s Bitcoin ETF Sees $87 Million Net Outflows, Overtaking GBTC

ARKB saw a second day of outflows as Bitcoin ETFs saw cumulative net inflows of $40.3 million, reversing the previous day's negative flows.Source link