Ex-Google exec to bring Web3 to masses as new Aptos Labs adviser

David Lawee, former vice president of corporate development at Google, will use his Web2 consumer experience to promote blockchain to the mainstream with Aptos.

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24K+ Holders Cant Be WrongWhy Qubetics Leads Aprils Best Altcoins to Invest in Now Alongside Mantra and Arbitrum

Explore why Qubetics, Mantra, and Arbitrum are the best altcoins to invest in now. Discover April 2025 updates, interoperability, and strategic growth insights.

The post 24K+ Holders Cant Be WrongWhy Qubetics Leads Aprils Best Altcoins to Invest in Now Alongside Mantra and Arbitrum appeared first on Kanalcoin.

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DASH Price Looking For A Breakout Above Upper Boundary Of Ascending Channel After Successful Bounce: Buy Now?

DASH has witnessed a bull market from as early as January 1, soaring 62% year to date as investors showed an increased appetite for the [...]

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Wall Street giant DTCC launches private blockchain platform for faster trades

According to a press release made today, the New York-based post-trade financial services company, The Depository Trust & Clearing Corp. (DTCC), which processes all trades in the US stock market, has launched a private blockchain project called Project Ion aimed at settling trades more quickly for clients.

The DTCC acts as the counterparty for the majority of trades in the US and it supports the entire public securities market.

Project Ion was first created as a pilot program in 2020 before moving to the development phase in September of the same year.

As of now, Project Ion processes an average of more than 100,000 bilateral equity transactions per day in a parallel processing environment using distributed ledger technology. On a peak day, the transactions processed by the blockchain can go to as high as 160,000 transactions per day.

Project Ion is designed to support end-of-day (T+0) settlement cycles leveraging blockchain technology.

At the moment, stock market trades across the stock markets take an average of two days to settle. The Securities and Exchange Commission (SEC) has however proposed speeding the transactions up in February in the wake of the highly volatile meme stock market.

Last year, Robinhood (HOOD) CEO Vlad Tenev said that the introduction of the T+0 settlement would go a long way in preventing volatile markets like AMC Entertainment Holdings Inc (NYSE:AMC) and GameStop Corp (NYSE:GME),.

The DTCC’s blockchain project is however private and permissioned unlike many popular blockchain networks like Ethereum and Bitcoin. DTCC is developing the project in collaboration with the likes of Citi (C), Charles Schwab (SCHW), Barclays (LON:BARC), Citadel Securities, Credit Suisse (CS), BNY Mellon (BK), and software provider R3.

The software provider R3 provided Project Ion with Corda distributed ledger technology (DLT) software.

The post Wall Street giant DTCC launches private blockchain platform for faster trades appeared first on Invezz.

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Bank of Russia Expects Significant Growth in Digital Assets Market

The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the prospects for its further development. Russia’s Central Bank Issues Report on Market for Digital Assets The Central Bank [...]

The post Bank of Russia Expects Significant Growth in Digital Assets Market appeared first on Crypto Breaking News.

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Russia’s Largest Bank to Allow Retail Investors to Trade Digital Assets

Majority state-owned lender Sberbank is preparing to allow Russian citizens to buy and sell digital assets. Private individuals will be provided access to its proprietary blockchain platform as early as this month, a top executive of the bank announced. Sberbank to Open Digital Assets Platform to Private Individuals Retail investors will be able to transact [...]

The post Russia’s Largest Bank to Allow Retail Investors to Trade Digital Assets appeared first on Crypto Breaking News.

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