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ConsenSys Sued For IP Theft by Blockchain Startup from its Own Incubator

ConsenSys Sued For IP Theft by Blockchain Startup from its Own Incubator

BlockCrushr, a Canadian blockchain firm has accused ConsenSys of stealing its intellectual property after it took part in a ConsenSys’ startup accelerator program.

Chainalysis Valued at Over $1 Billion after Raising $100 Million to Expand Regulatory Platform As Crypto Market Surges

Chainalysis Valued at Over $1 Billion after Raising $100 Million to Expand Regulatory Platform As Crypto Market Surges

Blockchain analytics firm, Chainalysis, announced yesterday that it has secured a $100 million Series C financing bringing the company’s valuation to over $1 billion.

Zcash Bug Could Leak Full Nodes with Shielded IP Addresses

Zcash Bug Could Leak Full Nodes with Shielded IP Addresses

Duke Leto, a core developer at Komodo (KMD), recently published a blog on his personal website revealing that, “A bug has existed for all shielded address since the inception of Zcash and Zcash Protocol.” Leto explained, “That is, Alice giving Bob a zaddr to be paid, could actually allow Bob to discover Alice’s IP address. This is drastically against the design of Zcash Protocol.”

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore and iTrust have collaborated in the first-ever successful blockchain trade financing transaction.

Mogul Productions Implements Chainlink Oracles to Optimize Film Financing

Mogul Productions Implements Chainlink Oracles to Optimize Film Financing

Some industries are reluctant to change because they benefit a small group of people or firms; film financing fits this category. Mainly restricted to established companies, funding and producing an independent movie can be extremely challenging without the right backers. One project looking to remedy that is Mogul Productions, a blockchain-based, decentralized film financing platform.

China’s First National Level Blockchain Cross-Border Financial System Goes Live

China’s First National Level Blockchain Cross-Border Financial System Goes Live

China Guangfa Bank (CGB), a major Chinese bank, has officially launched the blockchain-based cross-border financial service platform on June 15, with the guidance of the Guangdong Branch of the State Administration of Foreign Exchange.

How Blockchain Can Help with Vaccine Development Amid Coronavirus Pandemic

How Blockchain Can Help with Vaccine Development Amid Coronavirus Pandemic

The need of the hour to combat the pandemic is a potent vaccine which needs to be available in a short span of time, yet developed by following rigorous regulatory procedures and in a trustworthy manner. How can technologies like Blockchain help in such an accelerated vaccine development process?

With 245 Investments and Financing Deals in Blockchain, Will China Carry on Its Expenditure in the Future?

With 245 Investments and Financing Deals in Blockchain, Will China Carry on Its Expenditure in the Future?

Xinhua reports that there is a 40% decline in Chinese investment and financial deals within blockchain technology

With Recent $9.5 million Offering BTCS Gains Institutional Investor Interest

With Recent $9.5 million Offering BTCS Gains Institutional Investor Interest

BTCS, a digital asset blockchain technology-focused company, recently closed an institutional investor-backed $9.5 million financing comprised of 9,500,000 shares of its common stock and common stock warrants to purchase up to 7,125,000 shares of common stock at a combined purchase price of $1.00 per share in a registered direct offering.

Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology

Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology

The Financial Action Task Force (FATF) Travel Rule has been in the center of attention lately, which concerns crypto transactions above a certain amount must be accompanied by identifying information.The rule is an update to the existing FATF Recommendation 16, regarding cross-border and domestic wire transfers, and is intended to address the anti-money laundering (AML) and counter-terrorist financing (CFT) challenges as crypto adoption increases. The FATF Travel Rule could mean implications for virtual asset service providers (VASPs), including cryptocurrency exchanges, wallet providers, and custodians.

China Looking into the Application of Blockchain and AI for Cross-Border Financing

China Looking into the Application of Blockchain and AI for Cross-Border Financing

China is researching the application of blockchain technology and artificial intelligence in cross-border financing, focusing on risk management.

Algorand Blockchain Network Now Certified for Sharia Compliant Financing

Algorand Blockchain Network Now Certified for Sharia Compliant Financing

The Algorand Foundation announced that its blockchain network has now been certified as Sharia compliant for the inclusion of Islamic financial markets.

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