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BTC $67,458.28 -0.58%
ETH $1,984.83 +0.86%
BNB $615.70 -0.33%
XRP $1.47 +1.17%
SOL $83.20 -2.11%
TRX $0.2800 -0.36%
DOGE $0.1002 +1.46%
ADA $0.2812 +0.33%
BCH $559.62 +0.38%
LINK $8.80 +0.41%
HYPE $28.96 -1.12%
AAVE $127.36 +2.34%
SUI $0.9620 -0.72%
XLM $0.1661 +0.35%
ZEC $284.68 -2.87%

blockchain

The chairman of the U.S. CFTC appoints several executives from cryptocurrency companies to join the 35-member Innovation Advisory Committee

According to The Block, Michael S. Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced the establishment of an innovation advisory committee consisting of 35 members, with several executives from the cryptocurrency industry appointed.Selig stated that the committee will assist the CFTC in developing a regulatory framework regarding the role of "breakthrough technologies" such as artificial intelligence and blockchain in financial markets, ensuring that its decisions reflect market realities and establishing clear rules for "a golden age of American financial markets." The committee members include representatives from blockchain projects, such as Vivek Raman from Etherealize, Anatoly Yakovenko from Solana Labs, Brad Garlinghouse from Ripple, Sergey Nazarov, CEO of Chainlink Labs, and Hayden Adams, CEO of Uniswap Labs.In terms of centralized exchanges, executives from Bullish, Coinbase, Crypto.com, Gemini, Kraken, Bitnomial, and Robinhood are included. Shayne Coplan, founder of the prediction market platform Polymarket, and Tarek Mansour, founder of Kalshi, have also been appointed. Chris Dixon from a16z crypto, Vance Spencer from Framework Ventures, and Alana Palmedo from Paradigm are also on the list. The committee also includes representatives from traditional financial institutions such as Cboe, CME, DTCC, Nasdaq, and options clearing companies.

XION launched DKIM and ZK dual modules, becoming the first blockchain to store email authentication keys on-chain

XION recently published an article introducing its new infrastructure and application scenarios. XION announced the official launch of the DKIM module and the ZK module, becoming the first blockchain to directly store email authentication keys (DKIM) on-chain, as well as the first consumer-grade L1 public chain to implement zero-knowledge verification at the protocol level.XION pointed out that existing email verification solutions (including projects like zkEmail) rely on centralized DNS servers to obtain encryption keys. When email service providers rotate keys, the old verifications become invalid, and there are no historical records available. XION's DKIM module permanently stores these keys in the on-chain state, completely eliminating the reliance on centralized DNS infrastructure. Its ZK module implements zero-knowledge proof verification at the protocol level, achieving an efficiency that is 10 times that of smart contract solutions. The two work together, allowing users to prove any information in an email without exposing the email itself.XION stated that currently about 61% of employees who witness misconduct remain silent, as traditional options are often "anonymous but ignored" or "speak up but risk unemployment." With the above infrastructure, XION has realized various application scenarios, including:Anonymous reporting and workplace evaluations (proving employment status without exposing personal information)Wallet recovery without mnemonic phrases (using email as a backup key)Purchase behavior and certificate verification (without excessive sharing of personal information)Trust-based ticket resale and insurance claims, etc.It supports Gmail and Apple Mail from launch, covering approximately 3.8 billion email users globally (accounting for over 90% of the global email market). Currently, the XION platform has over 800,000 monthly active users, with more than 150 brands including Uber, Amazon, and BMW already onboarded. The official statement claims this is a verification infrastructure built for the existing internet, "capable of verifying anything while leaking zero information."

Nomura Holdings and Daiwa Securities in Japan are collaborating with the three major banks to promote a pilot program for securities trading based on stablecoins

According to Nikkei News, Japan's Nomura Holdings and Daiwa Securities Group are collaborating with Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group to jointly promote a pilot project for securities trading based on stablecoins, aiming to achieve 24-hour real-time settlement on the blockchain.The project plans to convert assets such as stocks, government bonds, corporate bonds, investment trusts, and ETFs into digital securities. After investors place orders through brokers, transactions will be settled in real-time using yen stablecoins jointly issued by the three major banks, with asset rights simultaneously transferred to the buyer. The experiment is expected to start as early as this month after notifying financial regulatory authorities, and may attract more financial institutions in the future.The project aims to support round-the-clock trading through the tamper-proof characteristics of blockchain, extending trading hours and shortening settlement cycles to invigorate the markets for stocks, bonds, and investment trusts. However, implementation still faces compliance and practical challenges related to broker order verification and other operational processes, and the pilot will focus on identifying and addressing related obstacles.
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