Increasing tradFi partnerships open door to retail access for tokenized securities

Deutsche Bank-backed Taurus recently received approval from FINMA to offer tokenized securities to retail investors through the TDX marketplace. Lamine Brahimi, Co-Founder and Managing Partner at Swiss-based Taurus discussed the regulatory challenges faced and the navigation process with CryptoSlate. Since April 2018, Taurus has concentrated on developing institutional-grade technology and processes. Demonstrating compliance, anti-money laundering The post Increasing tradFi partnerships open door to retail access for tokenized securities appeared first on CryptoSlate.

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Pyth Network introduces Express Relay, aiming to reduce MEV in DeFi

Pyth Network has launched Express Relay on mainnet, introducing a decentralized solution to the issue of Miner Extractable Value (MEV) in DeFi transactions. The Pyth Network provides real-time market data for blockchain applications, focusing on securely and inexpensively bringing latency-sensitive financial data on-chain. This new product connects DeFi protocols directly with a network of established The post Pyth Network introduces Express Relay, aiming to reduce MEV in DeFi appeared first on CryptoSlate.

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Compound Finance confirms website hack redirecting users to phishing site

DeFi platform Compound Finance has suffered a significant security breach that has affected its official website. The protocol’s domain has been hijacked and is currently hosting a phishing site, posing a severe user risk. Per Compound Labs’ official X account, the company issued an urgent warning at 10:15 A.M. on July 11, stating, “The Compound The post Compound Finance confirms website hack redirecting users to phishing site appeared first on CryptoSlate.

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Core Scientific to add 15 EH/s through Block’s 3nm Bitcoin mining ASICs

Block Inc. and Core Scientific have announced an agreement to supply Core Scientific with Block’s new 3-nanometer mining ASICs. Core Scientific will be the first to integrate these advanced chips into its large-scale mining operations. This collaboration is part of an ongoing effort to decentralize Bitcoin mining hardware and foster innovation in the mining ecosystem. The post Core Scientific to add 15 EH/s through Block’s 3nm Bitcoin mining ASICs appeared first on CryptoSlate.

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Nomic and Osmosis waive BTC bridging fees in landmark DAO-to-DAO partnership

Following a successful DAO vote with 99.6% approval, Nomic, which offers a decentralized, non-custodial Bitcoin bridge to IBC-enabled chains like Osmosis, aims to enhance Bitcoin liquidity on the Osmosis platform. This proposal involves waiving Bitcoin bridging fees for transactions originating or terminating on Osmosis. In exchange, a portion of the taker fees from trading nBTC The post Nomic and Osmosis waive BTC bridging fees in landmark DAO-to-DAO partnership appeared first on CryptoSlate.

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