Blockchain News: SWIFT Adopts Blockchain, Unveils New Ledger for Global Banks

The post NEC Signs MOU With Ava Labs to Build Face-Recognition AVAX Payments appeared on BitcoinEthereumNews.com. Avalanche News NEC has signed a memorandum of understanding with Ava Labs, the developer behind Avalanche (AVAX), to jointly explore next-generation on-chain services built on the network. Announced on July 10, 2026, the deal pairs NEC’s biometric technology with the Avalanche blockchain to prototype a digital payments platform that uses facial recognition to authorize stablecoin transactions. The company’s official disclosure frames the collaboration around decentralized identity and verifiable credentials (DID/VC), aiming to balance security with user convenience. It marks one of the more concrete enterprise commitments to Avalanche this year, targeting real-world settlement rather than speculative use cases. The accompanying white paper details an initial service aimed at inbound tourists visiting Japan. Under the design, a visitor would receive a digital ID before arriv

The post Tangem Says Ledger-Discovered Security Flaw Poses Minimal Risk to Most Users appeared on BitcoinEthereumNews.com. Key highlights: Tangem has addressed a security flaw recently disclosed by rival hardware wallet maker Ledger The company says the issue poses almost no practical risk to ordinary users Tangem maintains that exploiting the vulnerability would require highly sophisticated equipment, physical access, and advanced technical expertise Tangem has downplayed concerns surrounding a recently disclosed security issue identified by hardware wallet competitor Ledger, arguing that the flaw presents little real-world danger to the vast majority of users. The wallet provider said the vulnerability is largely theoretical and would require an attacker to overcome several significant barriers before gaining access to a target’s assets. The response comes after Ledger’s security research team published findings detailing a potential attack vector affecting Tangem cards, reigniting d

The post XRP News: Former SWIFT Exec Denies Integration Rumors, XRPL’s Independent Path Still Bullish? appeared on BitcoinEthereumNews.com. The long-running rumor of a SWIFT-XRP integration just hit a wall. On July 10, 2026, Tom Zschach, former chief innovation officer at SWIFT, publicly dismissed claims that the global bank messaging network would back or integrate XRP or the XRP Ledger. SWIFT Moves Toward Tokenized Bank Deposits, Not Public Crypto Zschach explained that SWIFT is developing its own shared ledger for the blockchain system. It aims to address tokenized commercial bank deposits and interoperability between traditional finance and distributed ledgers, 24/7. His response on X was direct: “Not happening.” The statement came at a moment when XRPL is recording its strongest institutional milestones yet, without any SWIFT endorsement. Not happening — Tom Zschach (@TomZschach) July 10, 2026 First live transactions are planned for later in 2026. That ledger is built around regul

The post Can hackers drain Tangem cards? Ledger reveals laser attack appeared on BitcoinEthereumNews.com. Ledger’s Donjon security team has disclosed a hardware attack that can reset the password on a Tangem wallet card.  Summary Ledger researchers reset Tangem card passwords using a targeted laser pulse against secure element firmware. The attack requires physical possession, specialist skills, invasive preparation and laboratory equipment costing around $250,000. Tangem called everyday risk virtually nonexistent but advised users to keep their wallet cards physically secure. The method could allow an attacker to sign transactions and move funds linked to the card. However, the attack requires physical possession of the wallet, specialist knowledge and laboratory equipment worth about $250,000. Tangem said those conditions make the risk to ordinary users “virtually non-existent.” Laser attack bypasses Tangem password check According to Ledger Donjon’s technical report, researchers use

Ledger researchers found an unpatchable Tangem card flaw, but exploiting it requires physical access, specialist skills and a $250K lab.

Robinhood Chain hit $100M TVL in week one, with $90M locked in Morpho lending — here's what the data signals about its TradFi-to-DeFi potential. The post Robinhood New Blockchain Hit $100 Million in TVL in 7 Days, But 90% of It Came From One Source appeared first on 99Bitcoins.

The post SWIFT Opens New Chapter in Blockchain Payment Tech appeared on BitcoinEthereumNews.com. SWIFT has concluded its extensive nine-month development phase on a blockchain-centric shared ledger platform and is ready to commence initial rollout. The global leader in financial messaging infrastructure is transitioning to a pilot phase alongside several major banking institutions, poised to revolutionize tokenized international payments across the banking landscape. Continue Reading:SWIFT Opens New Chapter in Blockchain Payment Tech Source: https://en.bitcoinhaber.net/swift-opens-new-chapter-in-blockchain-payment-tech

The post The Rise of Utility-Driven Crypto: How Africa Is Redefining What Digital Assets Are For appeared on BitcoinEthereumNews.com. JOHANNESBURG, South Africa, July 10, 2026/ –&nbspAcross Africa, cryptocurrency is shedding its reputation as a speculative asset and becoming an everyday tool for moving money, running businesses and bridging gaps left by traditional finance. Binance (www.Binance.com), the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, says this shift toward utility-driven adoption is positioning the continent as a global blueprint for how digital assets create real economic value. Unlike markets driven largely by investment appetite, African adoption is anchored in practical need. With roughly 1.3 billion adults globally still unbanked (https://apo-opa.co/4aKV78i) and a young, mobile-first population coming online at speed, digital assets are solving tangible problems. Stablecoins help freelancers receive cross-border payments, allow sm