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Musk continues Twitter overhaul, Instagram to host NFT tools and JPMorgan makes public blockchain trade: Hodler’s Digest, Oct. 30-Nov. 5

Published 11/05/2022, 04:30 PM
Updated 11/05/2022, 04:40 PM
Musk continues Twitter overhaul, Instagram to host NFT tools and JPMorgan makes public blockchain trade: Hodler’s Digest, Oct. 30-Nov. 5
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Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.

JPMorgan (NYSE:JPM) executes first DeFi trade on public blockchain

A cross-border currency swap was carried out on a public blockchain by JPMorgan as part of a pilot program involving the Monetary Authority of Singapores (MAS) Project Guardian, SBI Digital Asset Holdings, Oliver Wyman Forum and DBS Bank. The Polygon blockchain hosted the swap between tokenized deposits of the Japanese yen and the Singapore dollar, helped by smart contract technology from Aave.

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