Deutsche Bank is building a layer-2 blockchain based on Ethereum to solve the regulatory hurdles financial institutions face using public blockchains, Bloomberg News reported on Dec. 17.   The platform, dubbed Project Dama 2, represents the German banking giant’s attempt to harness blockchain technology’s potential while minimizing risks associated with public ledgers, which can often inadvertently transact […]
The post Deutsche Bank to develop Ethereum layer-2 blockchain to tackle TradFi compliance issues appeared first on CryptoSlate.

Bitcoin (BTC) fell to a low of $100,300 following hawkish comments by Fed chair Jerome Powell during the Federal Open Market Committee’s (FOMC) Markets retreated lower despite the expected 25 basis point cut in the US interest rate, bringing the rate to the 4.5% to 4.75% range. Bitcoin was trading at $100,740 as of press time, […]
The post Bitcoin falls to $100,000 following hawkish FOMC despite 25bp rate cut appeared first on CryptoSlate.