Chainlink Facilitates Cross-Border Trade; Ethereum Navigates MEV Trial and Reforms Grants
Chainlink Facilitates Cross-Border Trade; Ethereum Navigates MEV Trial and Reforms Grants
Recent developments across the crypto landscape showcase both technological advancement and ongoing challenges. Chainlink is playing a pivotal role in a landmark cross-border trade finance pilot between Brazil and Hong Kong, highlighting the potential for blockchain in global commerce. Concurrently, the Ethereum ecosystem is in focus as Coin Center files a brief in a significant MEV trial related to an alleged $25-million exploit, stirring discussions on validator ethics. Amidst this, the Ethereum Foundation is proactively restructuring its grants program to foster more targeted and strategic growth within its ecosystem.
Banco Inter and Chainlink test cross-border trade finance using Brazil’s Drex and Hong Kong’s Ensemble networks in landmark blockchain pilot.
The advocacy organization filed a brief opposing prosecutors’ arguments that two brothers presented themselves as “honest validators” to allegedly pull off a $25-million exploit.
Grants will now be distributed through a wishlist and requests for proposals, aligning funding with the Ethereum ecosystem’s goals.