The post Swift Readies Ledger for 24/7 Token Transfers—Though True Settlement Is Stuck on Old Rails appeared on BitcoinEthereumNews.com.
In brief Swift’s pilot allows 17 global banks to transfer tokenized deposits on weekends, but ultimate settlement still relies on legacy, business-hour systems. Participating institutions include major Global Systemically Important Banks such as Citi, HSBC, BNY, and Wells Fargo. Though built with Ethereum-compatible architecture, the blockchain-based ledger remains a largely centralized network. Swift, the financial gatekeeper connecting thousands of banks across the globe, said on Thursday that a dozen-plus institutions are preparing to use its “blockchain-based ledger.” The member-owned cooperative, which has functioned as the traditional financial system’s backbone for decades, expects 17 banks across six continents to participate in a pilot program involving the exchange of tokens that represent deposits, according to an announcement. Highlighting
The post Ethereum Foundation Turns AI Loose on ETH Network to Find Bugs Before Hackers Do appeared on BitcoinEthereumNews.com.
In brief Ethereum Foundation researchers are using AI agents to red-team critical network infrastructure. The agents helped uncover a peer-to-peer software vulnerability that was later disclosed. AI-assisted audits have already surfaced bugs in blockchain projects, including Zcash. The Ethereum Foundation is using swarms of AI agents to attack Ethereum—before someone else does. In a blog post on Thursday, Ethereum Foundation researchers on the Protocol Security team said they have deployed a series of AI agents against the software Ethereum relies on, hunting for vulnerabilities in cryptographic systems, protocol code, and smart contracts. “We’ve been running coordinated AI agents against the kinds of systems the network depends on, like systems software, cryptographic code, and contracts that have to be right,” the researchers wrote. “The agents found real bug
The post SWIFT Bridges TradFi and Distributed Ledger Technology With 17 Banks SWIFT Bridges TradFi and Distributed Ledger Technology With 17 Banks appeared on BitcoinEthereumNews.com.
SWIFT has introduced its own blockchain-based shared ledger after nine months of development. The pilot project is moving into operational use with 17 major banks set to pioneer tokenised cross-border payments. The banks are ANZ, BNP Paribas, BNY, Citi, DBS, First Abu Dhabi Bank, FirstRand Bank, HSBC, Itaú Unibanco, Lloyds Bank, Mashreq, MUFG Bank, OCBC, Standard Chartered, UBS, UOB, and Wells Fargo. It combines distributed ledger technology and the existing secure messaging network used by SWIFT, which covers more than 200 markets. The goals of this project are simple: improved liquidity transparency of cash flows ability to seamlessly enable token recognition This is NOT an alternative to SWIFT. It’s an extension of it. Carl Slabicki, head of commercial, global payments & trade at BNY, said: “We are ple
The post Visa breaks higher after completing A-B-C correction, wave five targets new highs appeared on BitcoinEthereumNews.com.
Visa has delivered a very clean and almost textbook retracement from the 2025 highs. The decline unfolded as a clear three-wave A-B-C correction, reaching the 293–300 support zone, where we were looking for the completion of the pullback and a reaction from the previous gap area. Since then, price has developed a series of higher swing lows and has broken above the corrective channel resistance near 345, providing further confirmation that bullish momentum is returning. This suggests that wave five could now be underway, with the potential to push toward new yearly highs and possibly extend toward the 400 area. VISA Daily Chart In the short term, a temporary pullback would not be surprising. The broken corrective channel could now act as support around 342, while the Elliott Wave Oscillator may retrace toward the zero line, creating a potential setup for the n
The post Arbitrum fee sharing Expands Revenue Model with Robinhood Chain appeared on BitcoinEthereumNews.com.
Arbitrum’s fee-sharing arrangement with Robinhood Chain is more than a billing detail — it’s a structural shift in how the Ethereum scaling network plans to monetize the growing wave of enterprise chains being built on its technology. Key takeaways Arbitrum collects 10% of fees generated on Robinhood Chain and every other Layer 2 built on its Orbit framework. Of that 10%, 8% flows to the ARB tokenholder-controlled treasury and 2% is directed toward development. Arbitrum One, the flagship rollup, sends 100% of its own fees to the treasury — a separate arrangement from the Orbit chain model. Robinhood Chain launched its mainnet on July 1 with tokenized stocks, onchain lending, and agentic trading built into Robinhood’s app. The fee-sharing model applies to any Orbit-based Layer 2, not solely Robinhood Chain, broadening the revenue scope for ARB holders. Arbitrum Fee Sharing on Ro
The post US Dollar: Tariff passthrough keeps inflation pressure alive – BNY appeared on BitcoinEthereumNews.com.
BNY’s Geoff Yu reports that the New York Fed’s latest Liberty Street Economics analysis warns many United States (US) firms still plan tariff-related price increases, implying persistent inflation pressures that matter for the US Dollar (USD) and Federal Reserve (Fed) policy. Nearly half of tariff-paying companies expect further hikes, with gradual pricing and fixed contracts extending adjustment and complicating disinflation. Tariffs extend U.S. inflation timeline “The New York Fed said in its July 8 Liberty Street Economics post that more tariff passthrough still lies ahead for many U.S. firms. Drawing on regional business surveys, the institution reported that nearly half of firms that pay tariffs directly are still planning further price increases, with some expecting to raise prices six months or more from now.” “It said roughly 47% of service firms and 44% of manufactu
SWIFT tests blockchain ledger with 17 banks as XRP Ledger’s 14-year settlement record returns to market focus. SWIFT has announced a blockchain-based ledger for tokenized cross-border payments. Seventeen banks are preparing to test tokenized deposits through the pilot. The ledger was built in nine months and is now ready for bank testing. It aims to […]
The post SWIFT Tests Blockchain Ledger as XRP Ledger Claims 14 Years of Live Proof Now appeared first on Live Bitcoin News.
The post Ethereum’s newest nonprofit wants to become Wall Street’s guide to crypto appeared on BitcoinEthereumNews.com.
For Ethereum Institutional’s founders, becoming an independent nonprofit rather than remaining within the foundation was a deliberate choice. “The EF has always been quite vocal about its principle of subtraction,” Dawson said, referring to the organization diving up responsibilities for the network to other organizations . “This is an example of that increasing decentralization, and the number of nodes participating in representing Ethereum.” Operating outside the foundation also gives the organization greater freedom, Walsh said. “We feel like we have a lot more autonomy and freedom to work as an independent entity,” he said. “We can get a bit more opinionated, and a bit more aggressive, in terms of being able to support these teams.” For years, the Ethereum Foundation has walked a careful line in how much influence it exerts over the ecosystem. Its mandate has larg
