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Colombian Finance Firms Want to Take Part in Crypto Trials + More News

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Get your each day, bite-sized digest of cryptoasset and blockchain-related information – investigating the tales flying below the radar of at the moment’s crypto information.

Crypto adoption information

  • The Colombian authorities has opened functions for firms wishing to trial crypto transactions in a brand new regulatory sandbox, reported Criptonoticias. Corporations have till December 31 to register their curiosity in what guarantees to be a year-long pilot program. A monetary regulatory chief said that “4 Colombian monetary companies suppliers” have already expressed a willingness to take part within the venture – with a invoice on crypto utilization within the monetary sector set to emerge in 2022.

Blockchain information

  • South Korea’s prime college, Seoul Nationwide College, has joined forces with Hanwha Life, the insurance coverage arm of the home enterprise big Hanwha, for a blockchain collaboration deal. Per Vitality Kyungjae, the 2 events have cast an settlement that may see them practice new expertise and develop blockchain-powered functions for the insurance coverage sector. The deal may also enable Hanwha Life staff to attend blockchain-themed grasp’s diploma and doctoral research packages.
  • On October 7, in New York, Christie’s to public sale a part of “the biggest murals within the historical past of blockchain know-how,” reported AYO.NEWS. The paintings, Block 21 of Portrtaits of a Thoughts, was created by Robert Alice and consists of 12.3m digits of founding code behind Bitcoin (BTC), in 40 hand-painted, decentralized transcriptions, it added.

DeFi information

  • San Franciso-headquartered peer-to-peer commerce startup Origin stated it launched the Origin Greenback (OUSD) stablecoin. It routinely earns yields from DeFi protocols whereas it’s nonetheless sitting in a pockets, the corporate stated.
  • tBTC, which lets BTC holders entry Ethereum (ETH) DeFi apps, is dwell once more and can be utilized on tbtc.community. A venture of Hold, Summa and the Cross-Chain Group, tBTC now lets customers change BTC for TBTC, an ERC-20 token that can be utilized on DeFi platforms, at a price of 1:1.

Investments information

  • Ethereum analytics supplier Dune Analytics stated it raised a USD 2m seed spherical led by Dragonfly Capital to scale up the Dune Analytics crew and product. “We even have prime trade names like Multicoin Capital, Hashed, Coinbase Ventures, Digital Foreign money Group and extra onboard,” the startup stated.

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