Blame game rages over ASX’s failed CHESS system blockchain upgrade
Digital Asset blames the ASX for not providing it with crucial information while the ASX says these claims are misleading.
Digital Asset blames the ASX for not providing it with crucial information while the ASX says these claims are misleading.
The acquisition was called off two weeks after BitGo publicly disclosed its non-binding letter of intent to acquire Prime Trust.
The Monetary Authority of Singapore, with input from major tech giants, released a whitepaper on the standards for digital money usage such as CBDCs and stablecoins.
Like the IMF’s single ledger proposal released a day earlier, BIS' unified ledger uses familiar concepts, such as tokenization, without the blockchain.
Meanwhile, the altcoin price crash triggered inflows for XRP, Cardano and Polygon.
Proposed measures include restricting Binance Holdings officials' access to private keys and disclosing business expenses.
According to CoinShares, digital asset investment product outflows amounted to $88 million last week.
Taurus raised $65 million in a funding round three months ago. Its clients can now issue digital securities automatically.
Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media.
ASX abandons blockchain rebuild to explore conventional options to achieve the desired business outcomes as it sends RFP to potential software vendors.