Revealed exclusively to CoinDesk, Cordite, an open-source community that’s independent from R3, but building solely on the code it pioneered, is about to come out of stealth mode.
Cordite promises to do for enterprise blockchains what the ERC-20 standard did for ethereum: allow the creation of different tokens representing various kinds of assets on the same network.
Founded in 2014, R3 was designed to be the regulation-friendly shared-ledger provider, one that drew a contrast to cryptocurrency chains and their “anarchic” approach to governance.
Rather, Cordite is being positioned as an answer to a range of challenges facing the developers of distributed ledger technology (DLT) inside banks and corporate entities.
For example, the equity and debt trading desks of banks could start to look at the issuance of debt or equity in the form of digital assets.
Bitcoin Cash has traded higher in the past 24 hours, surging by more than 30% to lead top gainers among the largest coins by market capitalization. The price of Bitcoin Cash (BCH) rose to an intraday high of $391 during…
Trading volume on Pump.fun, a leading Solana-based token launchpad, plunged 63% in February following a string of high-profile memecoin scams that have eroded investor confidence. Pump.fun volume dropped from $119 billion in January to $44 billion in February, the lowest…
It’s another painful day for Litecoin’s traders and investors as the price plummets by 8% daily following a huge bloodbath overnight. LTC lost momentum and now looks highly bearish on the daily chart.
To comply with European regulations, Binance has stated that it will stop allowing users in the European Economic Area (EEA) to trade pairs involving stablecoins that do not comply with MiCA—basically, non-compliant stablecoins.
Bitcoin Suisse, an institutional-grade crypto services provider, is expanding its digital asset offerings with access to four new tokens. In a March 3 announcement Bitcoin Suisse stated that its clients can now trade and custody The Open Network (TON), Optimism…
ARB saw a little-to-no movement in the past week due to a serious volatility contraction. While this has caused lack of interest in the market, the price may explode massively when the volatility expands.
CME Group revealed the Solana (SOL) futures launch on Mar. 17, pending regulatory approval, citing increasing client demand. Nate Geraci, CEO of The ETF Store, noted that the development “definitely bodes well” for SOL exchange-traded fund (ETF) prospects.
