ai
eToro’s AI Copy Portfolio Trades on Sentiment
The eToro trading platform launched its latest user copy portfolio on Tuesday, an artificial intelligence (AI) tool that trades on the sentiments of 850,000,000 daily tweets.
Blockshow 2019: Todalarity Decentralizing the Global AI Synergy
At the Blockshow 2019, Dr Ben Goertzel and Toufi Saliba discuss the union of SingularityNET and the Toda.Network—Todalarity—which will be at the core of the emerging global brain. Todalarity is essentially a product accelerator that aims to help new AI startups to integrate their products into the TODA and SingularityNET blockchain ecosystems.
Exclusive: Talent Shortage is The Key Pain Point in the AI Industry
Artificial intelligence is one of the emerging fintech trends in Hong Kong. While there are some great minds and AI companies in Hong Kong, they can’t survive without sufficient funding and technical support from government and industry leaders. We had the opportunity to invite Timothy Leung, Executive Director of HKAI Lab, to share his thoughts on how HKAI Lab facilitates the growth of AI ecosystem in Hong Kong. He also identified talent shortage is the key pain point in AI industry which hinders integration of AI and blockchain.
Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund
The European Commission and European Investment Fund (EIF) have launched a €2B fund to be invested in fundamental technologies. Nearly €300-€400M will be invested in blockchain and artificial intelligence (AI) amid fears that China and the US are setting a precedent in these areas.
US National Lab Computer Scientists Deploy Artificial Intelligence (AI) to Thwart Illegal Crypto Mining
Los Alamos National Laboratory has created an artificial intelligence (AI) system capable of identifying malicious codes that mine cryptos such as Bitcoin.
Indian Government Deploys Blockchain and AI to Enhance Supply Chain
The Indian government has deployed high-end technologies like blockchain and artificial intelligence (AI) in its public procurement portal (GeM) to enhance trade.
Consol Freight CEO talks crypto, fiat investments and protestors at Malta AI and Blockchain Summit
Ernesto Vila, CEO of Consol Freight, presented at the November 2019 Malta AI and Blockchain Summit where he was tasked with commenting on the statup investor landscape and questioned if the blockchain sector was different from traditional tech.
Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions
The Russian agency’s plan involves using artificial intelligence (AI) for its software, as the agency sees an “urgent need to create effective opportunities for state control over the circulation of virtual assets.”
South Korean Hospitals to Usher in New Healthcare Era Using Blockchain Technology, AI and Big Data
South Korean hospitals intend to set the ball rolling in ushering in a new healthcare era using industry 4.0 technology like blockchain, artificial intelligence (AI), and big data.
AI and 5G Integration with Blockchain Infrastructure form Foundation of China's New Deal To Combat 2nd Great Depression
AI and 5G integration with Blockchain Infrastructure will form the foundation of China's New Deal To Combat the Second Great Depression
Chinese Smart Courts Leveraging Blockchain and AI
Smart courts in China are reportedly leveraging a range of innovative technologies to settle legal cases. The online judiciary courts utilize big data, cloud computing, artificial intelligence, and blockchain.
Dr. Ben Goertzel—Creating an AI Marketplace for Paypal’s 286 Million Users
In this second part, we discuss SingularityNET recent projects and collaborations with Toda Network, PICC Services and PayPal.
US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft
Two Chinese nationals, Tian YinYin and Li Jiadong were sanctioned yesterday by the US Government yesterday for their alleged involvement in laundering stolen cryptocurrency from a 2018 cyberattack. The pair have been charged with stealing nearly $250 million in virtual assets and laundering the money through converting BTC to USD and Chinese Yuan as well as through iTunes gift cards.
Marathon Digital Generated 184 BTC in Aug, Total Holding 10,311 BTC
Marathon Digital stated that as of August 31, 2022, it holds 10,311 BTC, with a total value of $206.7 million, and produced 184 BTC in that month.
US SEC Signs Contracts with Blockchain Analytics Firm Anchain.Ai to Monitor DeFi Sector
The US SEC has awarded contracts to monitor unwanted movements across the DeFi sector. The SEC has tapped Anchain.AI artificial intelligence and blockchain company to help the regulator to analyze and trace smart contracts with the technology.
S. Korean Regulators Oppose Busan's Regulatory Measures for Foreign Crypto Exchanges
South Korean financial authorities expressed their opposite stance against Busan City to provide special regulatory support for partners to establish digital asset exchanges.
CEO Jack Dorsey On Why the Future of Twitter Lies in Blockchain
Twitter CEO Jack Dorsey discussed Bitcoin and how blockchain technology can be leveraged to counter security breaches in an increasingly digital world.
Over 81% Helium Community Approves Migration to Solana Blockchain
Helium developers proposed the migration to help scale the blockchain through more efficient transactions and interoperability.
Binance Completes 21st Quarterly BNB Burn With $548M BNB Destroyed
Following its quarterly burn, the Binance (BNB) Chain has successfully eliminated $548 million worth of BNB; however, the market remains unaffected.
Russian PM Considers Digital Assets for Cross Border Payment
Mikhail Mishustin, the Prime Minister of Russia, has hinted at the need to incorporate digital assets into the country’s economy as a way to ensure sustainable payment for goods and services in international trade.
Stablecoin USDC Issuer Circle Launches Verit-based Institutional Digital Identity System
On October 1, Circle, the US dollar stablecoin USDC issuer, announced the launch of an institutional digital identity system based on Verit, an open source framework for the issuance, custody and verification of decentralized identity credentials.
Shiba Inu Rises 13% as Robinhood Petition Passes 300,000
Shiba Inu rose 13% following an uproar for Robinhood Markets Inc to add the token to its platform. The token has gained more than 40 million % over the past year.
Messari Wins the Heart of Steve Cohen as it Raised $21M From Investors
Messari now has $21 million of investors funds pulled from a Series A funding round led by Point72 Ventures.
Ethereum 2.0’s Launch Is 2 Weeks Away, but Only 18% of ETH Has Been Staked
With Ethereum 2.0’s first phase (Phase 0) set to launch on December 1, it appears that there is still a lot of Ether (ETH) missing for the upgrade to happen.
Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO
One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports.
Aptos Labs Raises $150m Co-Led by FTX Ventures & Jump Crypto
Aptos plans to use the latest capital to bring the now-defunct Diem project back to life.
Krafton Partners with Solana Labs to Develop blockchain-based Games
Game developer for PC and mobile devices Krafton partners with Solana Labs to develop blockchain-based games and services in the Metaverse world.
South African Reserve Bank to Strictly Regulate Cryptocurrency in 2020
The South African Reserve Bank (SARB) is planning on introducing new regulations on cryptocurrency, which according to Kuben Naidoo, SARB deputy governor, will be fully implemented and enforced in the first quarter of 2020 and it brings to an end a deliberation that started since 2014.
Singapore Exchange Launches SGX iEdge Bitcoin Index and iEdge Ethereum Index with CryptoCompare
Singapore Exchange (SGX) will launch crypto indices—the iEdge Bitcoin Index and iEdge Ethereum Index.
Ethereum Releases Validator Launchpad for ETH 2.0 Testnet
Ethereum software developers finally released the validator launchpad for ETH 2.0, which enabled users to participate in the testnet’s Proof-of-Stake.
Exploring the Boundaries of AI in Creative Domains: Can Machines Match Human Ingenuity?
We delves into the evolving capabilities of AI in creative domains, analyzing whether artificial intelligence can achieve a level of creativity comparable to humans.
Rwanda’s Central Bank is Planning to Issue Its Own Digital Currency
Rwanda’s Central Bank, the National Bank of Rwanda is researching ways to issue its own digital currency.
Digital Asset Management Market Speculated to Generate $9.32B in Revenue by 2028
The digital asset management market is expected to generate revenue worth $9.32 billion by 2028 based on soaring demand, according to a report by SkyQuest Technology Consulting.
Ukraine Parliament Passes Legislation by Legalizing Crypto
The Ukrainian Parliament has passed a bill draft in the second reading Wednesday concerning legalising and regulating cryptocurrency and other virtual assets, such as tokens.
Investors Flock to the DEX dYdx with its Token with Rising by 50% after the Clampdown from China
Since last Friday, the People's Bank of China began to crack down on cryptocurrency trading, a large number of Chinese traders seem to have turned their trading venues to dYdX- a decentralized leveraged trading exchange.
Worldcoin (WLD) Advances Privacy with Personal Custody for Iris-Scanned IDs
Worldcoin introduces Personal Custody, enhancing user control over biometric data generated via iris-scanning orbs for secure ID verification.
Hedera Hashgraph Chief Scientist Dr. Leemon Baird—Defeating the Byzantine Generals and Bringing a Layer of Trust to the Internet
In our exclusive interview with Hedera’s Chief Scientist and Co-Founder Dr. Leemon Baird, Blockchain.News gets the details on how Hedera Hashgraph achieves Asynchronous Byzantine Fault Tolerance, the growing Hedera Governing Council and the use of the Hedera Hashgraph DLT to prevent coupon fraud.
Blockchain.News is now available on Dow Jones Factiva Database
Industry insights, analysis, and exclusive interviews from Blockchain.News are now available on Dow Jones Factiva—a database that aggregates more than 33,000 trusted, high-quality news and content sources from across the globe.
Why Did Venezuela Block Citizens’ Access to Coinbase Crypto Exchange?
Venezuela has blocked access to Coinbase crypto exchange and MercaDolar fiat remittance platform, but why?
How Will Litecoin Perform in 2021?
Litecoin has gained momentum since March 2020 but it is also trading significantly below its all-time high making the cryptocurrency a solid contrarian bet right now.
P2E Games Need To Emphasize Their Narrative And Artwork Over Quick Monetization Efforts
The first generation of play-to-earn blockchain games has sparked global excitement. But unfortunately, one can't turn a blind eye to their glaring weaknesses and oversights either. For example, building a sustainable game requires a substantial focus on story, artwork, and content rather than monetization.
Australian Companies Signed Deal to Develop Blockchain-Driven Virtual Power Plants
Power Ledger, a Perth-based energy trading software company, and Powerclub, an Australian electricity wholesaler, have signed a deal to offer households unparalleled authority over their energy usage via a blockchain-based virtual power plant.
May 11: If You Can't Handle Me at My Worst, then You Don't Deserve Me at My Best...
What a volatile Sunday for Bitcoin as it plunged from $9,800 to $8,100 in a single hour, a very large outsized move for a weekend trading session that even Coinbase suffered an outage. There was no news/catalyst, instead I think it was a planned outsized sale that happened. A likely scenario is that a coordinated selling or take-profit via OTC and exchanges.
Cisco Partners with SingularityNET to Decentralize Artificial Intelligence with Blockchain
Tech conglomerate Cisco and decentralized artificial intelligence (AI) firm SingularityNET have reached a partnership to develop a decentralized Artificial General Intelligence (AGI) project. The ambitious project aims to create more advanced AI technologies that will soon be able to exceed human abilities to learn and perform new tasks.
Two Chinese Agents Charged for Bribing US Law Enforcement Officer with Bitcoin
The US has charged two Chinese intelligence officers with obstruction of justice for bribing a US government employee with $61,0000 in Bitcoin.
Gemini Enters Europe through Ireland
Gemini has entered the Irish market. The company is now providing crypto exchange and custody services to individuals and institutions.
Coinbase Going Public Might Not Benefit Cryptocurrency Market After All
Coinbase has allegedly started moving towards a stock market listing that could reportedly occur as early as this year—but would that necessarily enhance exposure for mainstream investors to the crypto market?
China’s President Xi Jinping Asks ASEAN Countries to Join Hands in Building A ‘Digital Silk Road’
China’s President Xi Jinping is calling for greater collaboration among ASEAN member states and has asked them to promote a ‘Digital Silk Road’ in the region.
Binance Launches Incentive Campaign for USDC-M Perpetual Contracts
Binance launches a dual-incentive promotional campaign for USDC-margined perpetual contracts, targeting deposits and trading activities to stimulate market engagement and diversify trading options in the crypto futures market.
Digihost Plans to Move Mining Rigs from NY to Alabama, Expand Energy to 55 MW in 2023
U.S.-based crypto miner Digihost Technology Inc. plans to move drilling rigs from New York to Alabama, expanding energy capacity to 55 MW in the second quarter of 2023.
Grayscale Launches Bitcoin Mining-Centered Investment Entity
Crypto asset management firm Grayscale plans to launch a new private co-investment opportunity in mining hardware that enriches the bitcoin ecosystem.
Hut 8 Achieves Record High Annual Revenue of $173.8m
A prominent Canadian cryptocurrency mining company, Hut 8, achieves a record high annual revenue of $173.8 million. Bitcoin holdings will increase by 100% to 5,518 by the end of 2021, with a market cap of $323.9 million.
May 20: Be patient, some breakouts take time
BTC's open interest is holding steady while volume for the past few sessions has been slightly lower than the last two week's average that it feels to me we are likely to head into somewhat of a short-term inflection point where we make a decisive break to the up or downside. Just look at the doji candlestick closed yesterday, so here are two scenarios how I think what can pan out over the next few days:
Bitcoin Can’t Drive Financial Inclusion for Unbanked But CBDC Can says Mastercard CEO
Ajay Banga, the CEO of Mastercard believes Bitcoin is unable to function as an inclusive currency for the world’s unbanked due to volatility, CBDCs are a different story.
Upland and FIFA Officially Launch the FIFA World Cup Qatar 2022™ Experience in The Upland Metaverse
Upland and FIFA have today announced a multi-year partnership that allows the Upland community and football fans worldwide to collect, trade, and own FIFA digital assets and game video highlights, pursuing a joint mission to help fans get a better understanding of how the metaverse and web3 work.
DelMonte Adopts Blockchain-Powered Traceability Solutions for Quality Assurance
To render innovative and best-in-class solutions to its products and services, Fresh Del Monte Produce has invested in Jordanian and UK-based startup Decapolis for blockchain-enabled traceability solutions.
McAfee's Ghostcoin Gets Backing as Payment in Hong Kong
John McAfee's Ghostcoin gets backing for use as a payment coin in Hong Kong across 60 vending machines including Disneyland.
NFT Lender Omni Hacked for 1,300 ETH
NFT platform, Omni was hacked for 1,300 ETH ($1.43 million) as the hacker exploited the firm's reentrancy vulnerability protocol, according to PeckShield.
Opinion: Why the Ethereum Merge will be a game-changer for DeFi?
Ethereum’s upgrade from proof-of-work to proof-of-stake is about long-term value creation, not short-term price movement, argues Coins.ph CEO Wei Zhou.
Sushi Announces Final Steps for Trident Pools Deprecation, Urges Liquidity Withdrawal
Sushi has begun the final deprecation phase of Trident Pools, advising users to withdraw liquidity before March 15, 2024, to ensure a smooth transition.
Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020
All banks in the eurozone could share the instant payment system at the end of 2020, as reported by Reuters on 26 June.
TempleDAO Hacker Moves Stolen Funds to Sanctioned Crypto Mixer Tornado Cash
According to data from block explorer, Etherscan, the attacker of the TempleDAO hack, has moved the funds stolen via the recently sanctioned crypto mixer, Tornado Cash.
QiSwap DEX Will Airdrop QI and Implement Pioneer Programs to Fuel Growth
Decentralized exchange protocol, QiSwap, a QTUM-based dApp, will be conducting an airdrop and rewarding early adopters through its new Pioneer Programs.
China Continues to Influence Crypto Activities Worldwide, Study says
Blockchain data platform Chainalysis published a report Wednesday, indicating China remains one of the largest cryptocurrency markets worldwide and continues to influence crypto activities worldwide.
B Squared Network Announces Seed Investments by HashKey Capital, OKX Ventures, IDG Capital
B² Network secures significant seed investments from top venture capitals for its innovative Bitcoin Layer 2 solutions, aiming to transform Bitcoin's utility and adoption in the crypto ecosystem.
WeMade Dismisses Coin Over-Issuance Fraud Claims Amid Investigation
South Korean game developer WeMade counters fraud allegations by the Seoul Southern District Prosecutors, asserting compliance exemptions for its digital asset systems and Phoenix DEX amidst regulatory investigations.
UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System
Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.
Commissioner Hester Peirce Agrees with Telegram CEO Pavel Durov’s Criticism of SEC
Commissioner Hester Peirce, affectionately knowns as ‘CryptoMom’, believes the SEC’s court victory over Telegram was inappropriately reached and has further stifled innovation for the United States.
Are Cryptocurrency HODLers Ready to Create A Will?
Research estimates about 3.8 million Bitcoin, worth about $30 billion US today has been lost, with most having gone to the grave with crypto holders who failed to tell anyone how to retrieve them.
MicroStrategy Plans to Increase BTC Holding by Selling Class A Shares Worth $500m
MicroStrategy Inc is planning to increase its bitcoin holdings through the net proceeds of its sale of up to $500 million worth of its class A shares.
Blockchain Security Firm Files Patent for Ransomware Solution EB Drive
Blockchain networking company Everything Blockchain, Inc. applies for a patent for its Blockchain drive (EB Drive).
UK Could Be The Next Crypto-Friendly Nation As Rishi Sunak Becomes Next PM
Will Rishi Sunak's appointment as the next UK PM spell good fortune for the crypto industry?
Argo Mining Crypto Production Rose to 219 BTCs in July
Argo not only mined more Bitcoins in July, but also generated higher revenues than the previous month. The crypto mining firm faced challenges of electricity costs and its 17 series machines during the month of July.
Binance Introduces New Fan Engagement Platform for Ukrainian Football Team FC Shakhtar
Binance has announced that it will introduce a new fan programme for Ukraine football team FC Shakhtar.
Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis
Canada-based cryptocurrency exchange CoinSmart announced it would donate aid for the emergency humanitarian crisis in Ukraine to help Ukrainian refugees.
Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong
Cryptocurrency exchange Huobi has reportedly been planning a reverse initial public offering (IPO) according to a document revealed by the Hong Kong Stock Exchange (HKEX).
Blockchain Infrastructure Firm Chain Completes Acquisition of MDT for $100m
Chain announced that the $100 million deal will provide the company with assets, including MDT, cash-back application RewardMe and financial data protocol MeFi.
Block.one Launches EOSIO for Business as PwC Makes $1.76T 2030 Blockchain GDP Prediction
Block.one has launched a new suite of enterprise service offerings designed to help organizations integrate blockchain-based solutions into their operations.
Binance to Phase Out Deposits on BNB Beacon Chain (BEP2)
Binance, one of the leading cryptocurrency exchanges, has announced its plan to gradually cease support for deposits on the BNB Beacon Chain (BEP2). The sunset of the BNB Beacon Chain is expected to be completed by June 2024. Binance will no longer process deposit requests for all BEP2 tokens, except for BEP2 Binance-pegged tokens (B-tokens), starting from May 15, 2024.
Reasons Why Bitcoin May Fall to the $40,000 Level
According to Glassnode, institutions and investors holding a large amount of Bitcoin reduced their holdings by 140,000 Bitcoins in February, which is equivalent to a reduction of 67.2 tenths since the beginning of this month.
Iran Government Offers Up To 20% Reward To Anyone Who Exposes Illicit Cryptocurrency Mining In The Country
Iran just offered a reward to anyone who exposes illicit cryptocurrency mining in the country.
BlockFi Triumphs Over Bankruptcy, Initiates Creditor Reimbursements
BlockFi, a cryptocurrency company, emerged from bankruptcy in October 2023 and has since implemented a plan to repay creditors and return digital assets to clients. The company is now focusing on asset recoveries from entities like FTX and 3AC, processing claims for fair distributions, and Wallet customers can withdraw assets.
Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC
Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).
Animoca Brands Reached Agreement to Acquire Game Developer WePlay Media
On September 16, according to the official announcement, Blockchain gaming, and investment company, Animoca Brands announced that it has acquired WePlay Media, the developer of MotoGP Championship Quest, and reached a membership rights purchase agreement.
Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case
Taiwanese singer Chen Lingjiu faces fraud case involving JPEX, highlighting potential pitfalls of celebrity endorsements in cryptocurrency investments and the need for robust regulatory measures.
South Korea’s Jeju Island Leverages Blockchain to Curb Depleted Electric Vehicle Batteries
Jeju Island’s government representatives have revealed that a blockchain-powered electric vehicle waste-battery distribution management system has been implemented based on a multi-year support. It will track the history of receipts of waste-batteries acquired at the Jeju Technopark Electric Vehicle Battery Industrialization Center that opened in June 2019.
Blockchain Enhances Traceability of Organic Cotton from Farm to Consumer
Fashion for Good, PVH Corp, C&A Foundation & Organic Cotton Accelerator, Bext 360, and Zalando have successfully collaborated on a blockchain pilot project that traces organic cotton from farm to consumer.
Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco
Senator Brown compared Facebook's Libra to the subprime mortgage scenario. His sentiments show the divided debate facing the Libra project.
Machi Big Brother's recent NFT sell-off
Machi Big Brother, the NFT whale, discharged 90 BAYC, 191 MAYC, and 308 Otherdeed NFTs, among others.
Jim Rogers Predicts Economic Bailout Meltdown, Wall Street Investors will turn to Bitcoin Safe Haven
Chairman of Roger Holdings and prolific American investor Jim Rogers warns that the trillion-dollar bailout will lead to an economic meltdown.
Flare Networks Clarifies on Launched Spark Token Airdrop, Ripple XRP Shows No Signs of Bullish Revival
Flare Networks’ Spark token airdrop program launched officially on December 12, but there may be some misconceptions surrounding the official debut.
Argo Bitcoin Miner Sells 637 BTC to Offset Costs & Outstanding Loans
Despite the market plunge, Argo Blockchain recorded increased Bitcoin mining revenues in June. Argo said the success has been attributed to the increased Bitcoin mining produced by S19J Pro machines.
Top Tips for New Bitcoin Investors
Investing in Bitcoin can be a complex and daunting process for beginners. That's why you should learn tips for investing in Bitcoin. Although you've heard stories of people making money from Bitcoin investments, you should be careful when starting.
Insurance Firms in China and Hong Kong Count on Blockchain to Fast Track Coronavirus Claims Amid Outbreak
Xiang Hu Bao, an online mutual aid platform, a subsidiary of Ant Financial, is a “collective claims-sharing mechanism built on blockchain that offers basic health plans to its 104 million participants.” Most of its users are Chinese citizens from lower-tier cities, and in rural areas. By utilizing blockchain technology, settlements have been made more efficient, and fraudulent claims have been reduced.
Digital ETP issuer 21Shares Cooperates with German Bank Comdirect to Provide Crypto ETPs to Savings Accounts
21Shares, a well-known cryptocurrency ETP issuer, announced a partnership with the German online financial services bank Comdirect to diversify more options by providing cryptocurrency ETPs to their customer savings accounts.
Australian Farmer Teams Up with FreshChain for Watermelon Traceability via Blockchain
Andrew Martens, an Australian owning Marto Farms, has joined hands with Fresh Chain Systems, a local tech firm, in deploying blockchain technology on his watermelon labels to propel traceability. Buyers across Australia will, therefore, be able to trace the originality of the fruit.
Government of India to Deploy Blockchain Technology at a National Level
The Indian government is eyeing the blockchain technology since it has a huge potential of being applied in various sectors such as banking, cybersecurity, education, and governance: securing the future of their economic development and growth. This strategic plan was made known in response to a question in the Lok Sabha as reported by the Indian Times on Nov. 27.
Cryptos in Space: The Future of Blockchain in the Final Frontier
People began hearing the word blockchain circa 2008. Over ten years ago now, but barely a drop in the boundless stream of time. This nascent technology soon planted its terrestrial roots and spread around many industrial sectors.
Snowtrace to End Etherscan-Powered Service by Nov 30
Snowtrace.io, a blockchain explorer for Avalanche C-Chain, will discontinue its Etherscan-powered explorer on November 30, 2023, due to high EaaS service costs. Users are advised to backup data and Ava Labs suggests a better solution transition.
Chainalysis Adds Compliance Support to Track Privacy Coins Dash and Zcash
Chainalysis has just launched support for two of the most popular privacy coins, Dash and Zcash. Privacy coins are cryptocurrencies with privacy-enhancing features that allow users to gain total anonymity when making blockchain transactions. Privacy coins protect the identity of the users and the origins of the transactions, taking the anonymous and private nature of Bitcoin to the next level. Comparatively, Bitcoin protects some information, hence remaining pseudo-anonymous. The rest of the information, including transactions, addresses, and balances, is recorded in a public and permanently available ledger.
Global Investors Prioritize Crypto as Russia-Ukraine War Continues
International investors are throwing in money on cryptocurrency funds and companies as the Russia-Ukraine war has escalated, believing that the sector could provide security from the fallout of the war, according to Reuters.
Switzerland to Freeze Crypto Assets Linked to Russians
Switzerland will join the UK, the US, and western allies in strengthening sanctions against Russia after its invasion of Ukraine.
Argo Blockchain Increases Daily Bitcoin Production Despite Network Difficulty Spike
Argo Blockchain increased its daily Bitcoin production to 5.7 BTC per day in February, up from 5.4 BTC per day in January, despite a 10% increase in network difficulty.
China's DCEP Will Not Compete With WeChat and AliPay
China’s digital currency also known as the Digital Currency Electronic Payment (DCEP) will not be competing with WeChat and AliPay says Research head.
Blockchain Village at Medini (BVAM) Gets Underway
i2M Ventures has established a Blockchain Village at Medini (BVAM) intended at boosting the blockchain ecosystem in Malaysia.
Compound Protocol Halts Supply of Four Tokens Due To Low Liquidity
Decentralized lending protocol Compound has decided to pause the supply of four tokens used as lending assets for collateral on the platform, including ncZRX, cBAT, cMKR, and cYFI.
Instagram Influencers Sued by Investors for Falsely Promoting Crypto Tokens
Instagram influencers Kim Kardashian and American boxer Floyd Mayweather have been sued by investors accusing celebrities of falsely promoting crypto tokens to mislead investors.
May 8: Are you betting on the fastest horse?
What a day to usher into the weekend. BTC traded past $10k for a bit and now over 7% higher in the past 24 hours. The clear catalyst was Paul Tudor Jones announcing that his $22 billion fund will be investing in BTC a low single digit % of assets because it's a great hedge against a "great monetary inflation". It also reminded him of gold in the 70s, and I thought this was the highlight "At the end of the day, the best profit-maximizing strategy is to own the fastest horse. Just own the best performer and not get wed to an intellectual side that might leave you weeping in the performance dust because you thought you were smarter than the market. If I am forced to forecast, my bet is it will be Bitcoin.” It is also important to note this will largely remove much career risk of any hedge fund manager who wants to allocate into BTC today. Next wave of institutional buyers coming soon? Is that why CME listed futures open interest hit a record high yesterday?
Ripple (XRP) Price Analysis - May 4,2021
A number of significant events has led to XRP rebounding higher at the end of April. However, it may be difficult for XRP to maintain this momentum due to the weakening of the crypto market.
UK to Accept Stablecoins as Form of Payment, Plans to Mint NFT by this Summer
The UK announced to accept stablecoins as a valid form of payment and has set plans to make Britain a global hub for cryptoasset technology and investment.
Ripple XRP’s Skyrocketing Price Performance Is Attributed to One Key Factor, Says Blockchain Analytics
XRP is all the rage lately, making headlines due to its relentless surge. Now, its price has pulled back slightly, but Ripple has made its mark. Here's why.
Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin
Mike Novogratz, the CEO and founder of Galaxy Digital asset management company, explains why he still loves cryptocurrencies.
$3.6B Worth Bitcoins Scam, Founders of South African Crypto Exchange Africrypt Are Missing
The total value of $3.6 billion Bitcoins disappeared while the founders of South African cryptocurrency exchange AfriCrypt are missing.
Stronghold Digital Mining Collects Coal Waste to Power Cryptocurrency Mining
Stronghold Digital Mining, based in western Pennsylvania, has found a new, environmentally friendly way to mine cryptocurrency, Reuters reports.
Institutional Trade-at-Settlement Product for Spot Bitcoin to be Developed by Blockfills and Tassat
Tassat and Blockfills partner with eachother to create an institutional Trade-at-Settlement (TAS) product for spot bitcoin (XBT/USD), which will expectedly to be open in the market for traders in mid-December.
FTX and Busan Reaches Deal to Accelerate Blockchain Businesses
The City of Busan and the cryptocurrency exchange FTX signed a business agreement to support the establishment of the Busan Digital Asset Exchange.
Chainlink (LINK) Hits $20 ATH as Developer Activity Goes Through the Roof, DeFi-ing Expectations—What’s Next?
Chainlink has had its year in 2020, reaching multiple all-time highs, at hitting $20 on Aug.16. Chainlink’s developer activity has seen a surge as well.
Circle CEO Expects Yuan-Backed Stablecoins Despite China's Crypto Ban
According to SCMP, despite the stringent ban on cryptocurrencies in mainland China, Jeremy Allaire, the co-founder and CEO of Circle, a leading operator of the USDC stablecoin, foresees a significant role for yuan-backed stablecoins in the global crypto market.
Binance to Launche Pixels (PIXEL) on Launchpool
Binance announces the launch of Pixels (PIXEL) on its Launchpool, a social web3 game on the Ronin Network, offering BNB and FDUSD holders a unique opportunity to farm PIXEL tokens before its trading debut.
StarkWare partners with Chainlink
StarkWare integrates Chainlink oracle services and data feeds into its blockchain scaling platform.
Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027
Fortune Business Insights, a leading publisher of market research reports, has revealed that the blockchain-as-a-service (BaaS) sector will escalate to $24.94 billion by 2027 from $1.9 billion recorded in 2019, representing a compound annual growth rate (CAGR) of 39.5%. This uptrend will be fueled by small and medium enterprises (SMEs) as they are viewing blockchain technology as an optimal solution for the numerous challenges they face, like access to bank loans, trade financing, and cash flow difficulties.
Enabling Innovation in Asset Management: SFC's Approach
Christina Choi of the SFC spoke at the Bloomberg Buy-Side Forum Hong Kong 2023, emphasizing the importance of balancing innovation with regulation in the asset management industry. She highlighted the SFC's ongoing work on guidelines for tokenization of investment products.
Saros Cryptocurrency (SAROS) will be listed on Bybit
Saros raises $3.75M in funding and gets listed on Bybit with a 50,000 USDT prize pool, marking significant strides in expanding its reach and enhancing its offerings in the DeFi space.
Unstoppable Domains Partners with Fantom to Make Crypto Transactions Easier
To eliminate the pain points associated with crypto like misunderstanding, trepidation, and fear, Unstoppable Domains has collaborated with Fantom to make transactions simpler and easier.
Argentina Believes in Bitcoin and Cryptocurrency as Most Effective Hedge Against Inflation, Paxful Survey
Over 70% of Argentines see cryptocurrency, particularly Bitcoin as the most effective way to hedge against inflation and store financial value
PIGEON: Predicting Your Location with Images
PIGEON and PIGEOTTO are groundbreaking AI models in image geolocalization, predicting locations from images with remarkable accuracy. PIGEON excels with Street View data, while PIGEOTTO thrives on diverse global imagery, both significantly reducing median distance errors in geolocalization.
Texas Man Charged for Using COVID-19 Small Business Relief Funds to Buy Crypto
Texas resident Joshua Thomas Argires has been charged for investing COVID-19 relief funds in cryptocurrencies
Secret Network Announces Partnership with Modular Settlement Layer dYmension
Secret Network announced a partnership with dYmension, which will provide the tools and infrastructure to network and aggregate Cosmos ecosystem layer 2 data, reducing the pressure on on-site traffic and expanding derivability.
Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde
Christine Lagarde, the president of the European Central Bank (ECB), has highlighted that stablecoins could pose a serious threat to monetary sovereignty and financial stability.
Exclusive: How to Achieve Interoperability Between Polkadot and Bitcoin?
Claimed as the candidate of Decentralized Web 3.0 Blockchain interoperability platform, what makes Polkadot so popular? We are glad to speak with Jack Platts, Head of Collaborations of Web3 Foundation to share with us how Polkadot is interoperable with Bitcoin! He also explains the GRANDPA protocol of Polkadot and how Polkadot can interact with Ethereum!
Dubai’s Blockchain Market to Surpass $118 Million by 2025
Smart Dubai, a government entity established in 2013 to make Dubai a smart city, has revealed that the application of blockchain technologies in the city will increase to Dh437 million, around $118M USD, by 2025 from Dh 35 million, approximately $95M USD, recorded in 2018
Twitter CEO Endorses Bitcoin For Black America
According to his tweet on February 23rd, while promoting the book discussing Bitcoin’s huge potential benefits to the African-American community, Jack Dorsey, CEO of Twitter who is no stranger to controversies in the media, used the fanbase of his Twitter platform for this cause.
What Happens When AI Meets Bitcoin and Crypto: Insights from Arthur Hayes
Arthur Hayes discusses the potential impact of AI on society, predicting that AI and robotics will eliminate tedious work, leading to a renaissance of art and culture. He believes AI could overtake humans and change the course of humanity overnight. Hayes believes Bitcoin will be the currency of choice for AI due to its digital nature, censorship resistance, and energy purchasing power.
Defiance ETFs' NFT-Linked ETF Soon to Launch in the U.S.
Defiance ETFs' Defiance Digital Revolution ETF (ticker NFTZ) is launching on Thursday and will track blockchain-related firms and the NFT index.
Binance to Delist BETH Trading Pairs, Shifts Focus to WBETH: What You Need to Know
Binance is delisting BETH trading pairs and adding WBETH to Simple Earn Flexible Products and Loans to improve staking services and user utility. Users are advised to update trading bots, modify Auto-Invest plans, and consider WBETH as collateral.
AI bias: how blockchain can ensure its safety
Blockchain technology can combat bias in AI systems through decentralized, transparent smart contracts, but challenges like scalability, interoperability, and regulatory compliance need to be addressed.
H.E. Justin Sun Spoke at TOKEN2049
H.E. Justin Sun, founder of TRON and the Permanent Representative of Grenada to the World Trade Organization, attended TOKEN2049 in Singapore. It took place on 28-29 September. Sun was invited to share his insights on the decade ahead in the panel session titled "The Future of Crypto: Navigating the Decade Ahead.”
KPMG Launches Patent Pending Crypto Analytics Suite KPMG Chain Fusion for Institutions
KPMG has announced its launch of KPMG Chain Fusion, its patent-pending crypto analytics platform to streamline crypto-related services for financial services and FinTech companies.
PayPal Expands Talent Hunting in Ireland to Speed up Crypto Development
Global Payment Platform PayPal speeds up to develop its crypto business. The company is seeking more crypto talent to join its team in Ireland, according to local media coverage Sunday.
Helium Farm's New Mining Plans Promise Lucrative HNT Returns in 2024
Helium Farm unveils three innovative mining plans in 2024, promising attractive returns on HNT. Offering robust services and global reach, the plans are a blend of profitability and security for investors
Is Blockchain’s Immutability the Holy Grail for Logistics?
The logistics industry can leverage on blockchain’s immutability in propelling order tracking, administrative efficiency, and dispute resolution.
WILL BITCOIN BECOME A GLOBAL LEGAL TENDER?
Bitcoin may be a sufficiently stable currency for El Salvador and its economy to rely upon. But this is a very small country from the point of view of the size of the economy, which will unlikely offset the global adoption of Bitcoin.
Exclusive: What are Top 5 FinTech Career Advice for Graduates?
Prof. Aris Stouraitis presents how Master of Science in Finance (FinTech and Financial Analytics) offered by Hong Kong Baptist University strives to nurture interdisciplinary talents and he offers the top 5 career advice for graduates who wish to work in FinTech and blockchain industry!
Ex-Binance CEO Zhao Unveils Education-Driven Crypto Initiative
Zhao, Binance's former CEO, reveals a new education-centric blockchain project, excluding token offerings, with details to follow.
Moneygram Partners with Stellar Blockchain Network to Enable Instant Crypto-To-Fiat Settlements Using USDC Stablecoin
MoneyGram has partnered with Stellar Development Foundation to enable customers to make settlements in different fiat currencies including cryptocurrencies using USDC stablecoin.
German Government to Revamp its Energy Sector with Blockchain-Based Strategy
The German government intends to propel efficiency and productivity in its energy sector. As a result, it intends to use blockchain technology to attain this objective as stated by the country's Federal Minister of Economics, Peter Altmaier.
Bank of America Initiates Research on Digital Assets & Crypto
Bank of America (BoA) follows the trend of cryptocurrency in response to the increasing user transaction demand and institutions' interest. Bank of America announced to initiate research on this powerful digital asset system.
Is Cryptocurrency the Answer? Egypt’s Central Bank Limits Daily Cash Withdrawals Amid Coronavirus Crisis
Egypt is facing a severe cash crunch as the country is feeling the economic pressure of the coronavirus outbreak. The central bank of Egypt has instructed local banks to begin restricting daily withdrawals and has instructed citizens not to withdraw so much money.
Google Cloud Introduces Threat Detection System against Crypto-mining Malware
Google has announced the release of a new threat detection system for Google Cloud Platform customers against crypto-mining malware.
Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa
Ripple and Onafriq are collaborating to introduce blockchain-powered cross-border payments, aiming to improve transaction efficiency and financial inclusion in Africa, the GCC, the UK, and Australia.
Which Cryptocurrency Was Most Correlated to Rest of the Crypto Market In 2019?
Find out which cryptocurrency was most correlated to the majority of the crypto market in 2019.
Italy Taxes Cryptocurrency Capital Gains 26%
Italy's Senate authorized a 26% capital gains tax on crypto-asset transactions above 2,000 euros (roughly $2,13 at publishing). Crypto assets may be transferred and kept digitally. Crypto assets were taxed less as foreign currency in the nation.
Sahara Secures $6M Seed Funding to Revolutionize Knowledge Sharing with AI and Blockchain
Sahara, a decentralized AI network, has raised $6 million in a seed funding round led by Polychain Capital to transform knowledge sharing and monetization using AI and blockchain technologies.
UAE Central Bank Pioneers Digital Dirham Transfer to China via mBridge
The UAE Central Bank achieved a significant milestone by executing its first cross-border digital dirham transfer worth 50 million dirhams ($13.6 million) to China using the mBridge platform on January 29, marking a new era in digital currency transactions.
Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency
Visa has filed a patent application to create a blockchain-based digital currency on a centralized computer, according to a publication by the US Patent and Trademark Office (USPTO). The patent was originally filed in November 2019, and was described as “Digital Fiat Currency.” The US dollar was mentioned as one of the fiat currencies to be used potentially, although the patent could also apply to other central bank digital currencies including the pound, yen, and the euro.
PayPal to Launch Crypto Trading Next Month in the U.K.
Payment provider PayPal Holdings Inc. revealed the company is planning to develop the next market in The United Kingdom to provide its crypto trading services.
Crypto.com Airdrops LeBron James NFT Series
Crypto.com airdrops the LeBron James NFT series to fans by placing QR codes in Big Game ads.
Property or Not? Bitcoin Thieves Released Because “Bitcoin is Not Property”
A Russian Court recently ruled a Bitcoin theft case as innocent, stating that Bitcoin was not considered a property. The victim sought restitution, after being robbed of 100 Bitcoins.
HK-Based Hardware Wallet Maker OneKey Raises $20m in Series A Funding
Hong Kong-based crypto hardware wallet maker OneKey has raised around $20 million in a Series A funding round.
Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product
SINGAPORE - On 18th May 2020, Matrixport will introduce the Fixed Income Investment Product and the Flexi-Term Investment product, where asset security is protected by a risk control mechanism by real crypto assets guaranteed by excess pledge.
US DOJ Announces Leader for New FBI Crypto Unit
The new national cryptocurrency enforcement team will be led by a prosecutor who led the case against a Russian hacker, the U.S. Department of Justice said, adding that the FBI will launch a unit for blockchain analysis and virtual asset seizure.
COVID-19 Relief Spurs Federal Reserve Towards Digital Payments with FEDNow
The Federal Reserve is accelerating towards digital payments technology as the COVID-19 pandemic has highlighted the need to provide faster methods of relief. The United States central bank has announced the development of its own platform—FedNow.
Coinbase and Circle Add Algorand Blockchain to Multi-Chain USDC Stablecoin Framework—Faster than Ethereum
Coinbase and Circle Centre Consortium have expanded USDC from Ethereum to Algorand’s blockchain as part of its multi-chain USDC framework.
Switzerland’s New Regulations for Blockchain And DLT Trading Facilities Usher In A New Era Of Clearer And Lighter Regulatory Regimes
A short article piece submitted by Christoph Besmer, Trade Commissioner, Investment Promotion Switzerland.
Gumi Cryptos Capital Launches $110m gCC Fund II, Investing in Crypto Startups
Crypto venture capital firm Gumi Cryptos Capital(gCC) has launched a $110 million second fund, gCC Fund II, to invest in about 50 cryptocurrency companies through equity and tokens.
Nous Launches World's 1st Decentralised Hedge Fund
Blockchain start-up Nous Systems has announced the launch of the world's first decentralised hedge fund built on blockchain technology.
Binance Boosts Web3 Wallet with New Features and $1M Airdrop Campaign
Binance enhances its Web3 Wallet with ERC-404 token support, an Inscriptions Marketplace, and announces a $1M airdrop to engage users.
Ethereum 2.0 Deposit Contract Hits ATH as Investments Heightens
More investments continue trickling into Ethereum 2.0 deposit contract, given that the number of staked ETH is scaling the heights.
Already Driving Real-World Crypto Usage, Gleec Team Launches New Exchange
The global crypto ecosystem only expands as users realize the real-world applicability of digital assets and distributed ledger technology. Alone, the worldwide blockchain market size projects to grow to $23.3 billion by 2023 hinged on an 80.2% compound annual growth rate. Market size totaled $1.2 billion in 2018.
HK-based Coinsuper Under Scrutiny after Failed Transactions Since Nov 2021
Customers of Hong Kong-based Coinsuper have been unable to withdraw money or tokens from the bourse since late November, review from messages on the firm’s official Telegram chat showed.
Dubai Police to Release Second Bunch of NFTs
The Dubai Police plans to roll out the second collection of NFTs after the first bunch attracted approximately 23 million people globally.
Cardano Scoop: ADA/BTC Flirts with Support as Selling Pressure Increases
Cardano price at 818 satoshis, trading later at -3.67% at 789 satoshis. Around 29.45 million of the volume was generated during the trading session on Monday.
Arizona State University Offers Blockchain Technology, Enhancing Student’s Academic Journey
Arizona State University (ASU) is going a notch by deploying a blockchain-based technical stack enterprise infrastructure for its students.
Crypto Intermediaries Must Register with the SEC in Some Capacity: Gensler
US Securities and Exchange Commission (SEC) Chairman Gary Gensler said crypto intermediaries should be registered under the SEC.
Crypto Bank Anchorage Digital To Make Entry into Asia
Crypto Bank Anchorage Digital is making an entry into Asia with five new partnerships, including crypto exchange Bitkub, asset management firm Dream Trade, blockchain investment firm FBG Capital, venture firm IOSG Ventures and digital assets financial services provider Antalpha.
Seoul Court Issues Arrest Warrant for Do Kwon and 5 Others
Do Kwon and five others have allegedly violated the nation's capital markets law and have been issued a warrant from the court in Seoul. LUNA and LUNC both collapsed after the arrest warrant was issued.
Messari Raises $35M in Series B Round
Blockchain-based data analytics platform, Messari has announced the successful completion of its Series B funding round in which it pulled $35 million.
TRON DAO Announces New Grants Program to Foster Growth of Overall Ecosystem
TRON DAO is thrilled to announce its Developer, Community Ambassador, and Influencer Grant Programs to BUIDLers on the TRON network. As one of the largest DAOs, TRON is always looking for new opportunities to grow its ecosystem and further engage its vibrant global community. The Community Ambassador Grant Program will encourage a gateway between the DAO and multiple dedicated TRON friends and families to expand the TRON ecosystem. With a quarterly grant allocation of $30,000, the program will cultivate relationships between the DAO and established Ambassadors actively engaged within the TRON Community.
Aave Outpaces Market with 9% Growth in Q2 2023, Launches GHO Stablecoin
ave's Q2 2023 report shows a 9% growth in total value supplied, outpacing the market. Key developments include the launch of GHO stablecoin, a rise in stETH deposits, and the anticipated release of Portals.
“VISION 20/21” – Finding Clarity in Uncertainty at Business of Design Week (BODW) 2020
The change and uncertainty of 2020 has shown how vulnerable we all are. However, as we look forward to 2021 and beyond, we have the power to change how we view these times, find fresh impetus and imagine new possibilities based on our real needs and what truly matters.
South Korea to Pump In a Whopping $12.8 Million into Blockchain Industry
The adoption of blockchain technology is set to reach unprecedented levels in major countries, as recently announced by China’s President Xi Jinping. South Korea intends to follow suit based on the revelation made by the Ministry of Science and ICT that USD 12.8 million will be channeled to blockchain projects in 2020.
Polygon NFT Gaming Firm Cross the Ages Secures $12m in Seed Round, Backed by Ubisoft, Animoca
Blockchain game "Cross the Ages" (CTA) has received a $12 million seed round from gaming crypto investment firm Animoca Brands, video game developer Ubisoft, and Sebastian Borget, co-founder and COO of The Sandbox.
Dubai regulator grants Crypto.com MVP preliminary license
Crypto.com has obtained a minimal viable product (MVP) preparatory license from Dubai's Virtual Asset Regulatory Authority (VARA) to offer spot and derivatives instruments of virtual assets.
Next Generation On-chain DEX Aggregator 3Route Launches on Tezos
3Route, a decentralized exchange protocol launches a next generation on-chain DEX aggregator powered by the energy-efficient blockchain, Tezos. The leading-edge automated routing engine atomically optimizes trades across multiple liquidity sources. 3Route is positioned to provide users with the best rates and low slippages without any service fees.
Bybit Now Supports Crypto Purchases with Credit or Debit Cards
Bybit users can directly buy crypto with their credit or debit cards using fiat currencies, the cryptocurrency exchange company announced.
Spain’s Tarragona Port Seeks to be Blockchain-Powered
Spain's Tarragona port wants to be among the pioneers to be blockchain-enabled as blockchain technology will save time, reduce costs, increase trust, and present advantages such as transparency, immutability, traceability, efficiency. This will be instrumental in lowering the percentage of errors.
BTC's Average Transaction Fee Drops below $1 for the First Time within 2 Years
The average transaction fee for Bitcoin fell below $1 due to falling market prices and lower mining difficulty.
Chinese Police Put MicroBT CEO Under Microscope Over Alleged Dispute With Bitmain
Chinese Police have just resumed its investigation of intellectual property infringement involving Yang Zuoxing, CEO of Shenzhen Bit Microelectronics Technology and Bitmain.
Chainlink (LINK) Massive Bull Run Rallies to Another New All-Time High, Up 700 percent in 2020
Chainlink (LINK) has surged by 52 percent in the past 24 hours, reaching its new all-time-high a $13.8799. Chainlink’s LINK price declined and showed a correction on Aug. 5, however, the current uptrend has proved to be strong. While LINK has attempted to reach $14, and most other altcoins are in the green.
UAE Markets Regulator Approves Trading of Canadian-Based Bitcoin Fund on Nasdaq Dubai Stock Exchange
The Dubai Financial Services Authority (DFSA) has cleared the launch and trading of Canadian-based Bitcoin fund on Nasdaq Dubai Stock Exchange as part of the effort to provide investors based in the Middle East access to the cryptocurrency investment services.
Bitcoin Halving: Everything You Need to Know in 5 Minutes
In May 2020, Bitcoin is expected to experience its third halving in history. Bitcoin halving refers to the halving of Bitcoin block rewards, which occurs once every 210,000 blocks created (approximately every 4 years).
UAE to Strive for Virtual Service Provider Licenses before Q2
In a bid to become a global crypto hub, the United Arab Emirates (UAE) is gearing up to issue federal licenses to virtual asset service providers (VASPs) by the end of Q1 2022.
Provenance Blockchain Foundation Names Morgan McKenney as CEO
McKenney brings over 20 years of professional experience to the Provenance Blockchain Foundation. The appointment of the banking executive is aimed to enable Provenance to expand its business among financial businesses that need blockchain services.
Mintology Announces The Launch of New Brand Centric Claimable NFT Platform
Founded in 2021, Mintology is launching a new concept to the market this year, allowing brands of any size to connect with customers, fans and prospects by giving away NFTs at no cost. The NFTs are used as a claimable and marketing tool.
New Money Theory Research: Blockchain to Usher in the New Age of Monetary and Financial Freedom
New Money Theory Research: Blockchain to Usher in the New Age of Monetary and Financial Freedom
Bank of Korea Speeds up Digital Currency Research, States Central Banks are Driven towards DLT
The Bank of Korea (BoK), South Korea’s central bank and monetary issuer, has released its research on the use of digital currencies and blockchain technology for the banking industry.
ZachXBT's Defamation Lawsuit Receives Over $1 Million in Donations as Prominent Figures Rally Support
In a surprising turn of events, renowned on-chain analyst ZachXBT has exceeded his initial fundraising target, amassing a staggering $1,055,233 in donations, according to Nansen data. This remarkable achievement has been made possible through contributions from various entities and influential figures within the crypto industry.
End of Chainlink’s Bull Run? LINK Developers and Whales Dump Tokens
Chainlink (LINK) recently hit $20 on Binance and has surpassed Bitcoin Cash (BCH) by market capitalization before taking a dive.
Messari Releases Research Reports on the TRON Ecosystem and the Stablecoin USDD
Messari, the leading provider of crypto market intelligence, released two quarterly analysis reports related to the TRON ecosystem – State of TRON Q3 2022 and State of USDD Q3 2022. The two most significant highlights in the comparison of Q3 with Q2 2022 were the 480.4% increase in the number of holders of USDD and the 71% increase in the Total Value Locked of TRX. Both reports indicated positive conclusions about the stability and secure strength of USDD and the TRON network as a whole.
What is ChatGPT 5?
OpenAI's ChatGPT 5 is set to revolutionize AI-driven chatbots and language processing, with potential features including multimodal understanding, an enhanced knowledge database, and Artificial General Intelligence (AGI), expected to be released around 2025.
Monero: Deep Dive
Monero (XMR) was the first cryptocurrency of its kind to offer advancements in privacy and fungibility.
World Economic Forum Blockchain Lead Explains: To What Extent Can Blockchain Solve Supply Chain Issues?
Blockchain.News exclusively interviewed the World Economic Forum’s blockchain project lead, Nadia Hewett, to get to know more about the Forum’s current blockchain development in the supply chain, and the organization’s future roadmap. The World Economic Forum (WEF) recently published a new blockchain deployment toolkit aimed to help governments, major institutions, and companies of any size to be able to maximize the benefits of integrating blockchain technology in the supply chain sector. The Forum also highlighted the importance of blockchain for addressing the disruption of supply chain caused by the COVID-19 pandemic.
BinaryX Introduces Cyber Incubation Fund to Support Blockchain Games
BinaryX launches a new 220,000 BNX Cyber Incubation Fund, aimed at driving the growth and adoption of Web3 games.
What is Ethereum Founder Vitalik Buterin’s Net Worth?
Ethereum founder Vitalik Buterin’s net worth must be growing as the eth price continues to surge gaining more than 7% in the last 24 hours.
Britain Eyes Becoming a Crypto Hub, Upgrading the Market by Adopting DLT
In pursuit of becoming a global crypto hub, Britain seeks to revamp the traditional financial market using distributed ledger technology (DLT), according to the finance ministry.
Largest Gathering of Global Blockchain Innovators in Tokyo - Meet the people behind Cosmos, OmiseGO, MakerDAO, Harmony, Ontology, Blockstack, RSK, Dapp.com...
BINARYSTAR and Asia Blockchain Review are organizing Unblock Tokyo: Ecosystem Fast Track on October 5th, in a major gathering of all-star developers to shed light on the latest developments in the industry and exclusive project updates for the blockchain and crypto community.
DeFi Hack Linked to North Korea
The $197 million DeFi hack on Euler Finance has been linked to North Korea after blockchain investigator Chainalysis identified that 100 ETH from the stolen funds was transferred to an address associated with North Korea-linked actors. While Chainalysis suspected the involvement of North Korea, it highlighted the possibility of misdirection by other hackers. Euler Labs CEO expressed disappointment in the hack, revealing that ten separate audits over two years assured its security.
Hackers Steal Cryptos from General Bytes Bitcoin ATM via Zero-day Bug
Crypto ATM manufacturer General Bytes has confirmed that its infrastructures have been hacked using a zero-day vulnerability in server ports to steal cryptocurrencies from customers.
Ethereum, Cardano and Other Altcoins Slandered by Blockstream CEO as Ponzi Schemes
Blockstream CEO Adam Back publicly stated that Ethereum and other altcoins were Ponzi schemes, angering Ethereum co-founders Vitalik Buterin and Charles Hoskinson.
How Can Blockchain Technology End Labour Market Woes?
In its usual bid to take over the technology ecosystem, blockchain technology can be instrumental in the fight against unemployment through a creative aggregation of data for easy verification. This is revealed in a research report published on June 8 and sponsored by the American Council on Education.
Binance Faces Scrutiny Over Switzerland-Based Sigma Chain in Latest SEC Filing
In the latest court filing by the US Securities and Exchange Commission (SEC) against Binance, the Switzerland-registered crypto-asset trading company, Sigma Chain, is under scrutiny.
Dubai Educational Institution Accepts Bitcoin and Ethereum Payments
Dubai Educational Institution Citizens School accepts Bitcoin and Ethereum payments for tuition.
What Gives C10 (Crypto10 Hedged) So Much Value?
Within the first quarter of 2021, the cryptocurrency market has seen a surge in the retail and institutional sectors and their adoption of cryptocurrency. Bitcoin, the world's most valuable and widely traded cryptocurrency, reached an all time high of $56 445 per bitcoin, on the 22nd of February 2021.
Verida Collaborates with Nimble to Implement Decentralized Insurance Protocol
Nimble is partnering with Verida to build a decentralized insurance protocol.
China’s Central Bank to Develop Blockchain-Based Trade Finance Platform for the Greater Bay Area
China’s Central Bank, the People’s Bank of China (PBoC) announced its development plans for outlining a blockchain-based trade finance platform for the Greater Bay Area that links Hong Kong, Guangdong, and Macao. Governing entities in China, including the PBoC, China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau came together to issue the official document for the proposal. The entities submitted their suggestions on financing the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, focusing on global trade and finance.
Digital Asset Gateway Fasset Launches Peer-to-peer Trading Platform in Pakistan
Digital asset-based fintech startup Fasset Technologies has launched a peer-to-peer trading platform in Pakistan to drive financial inclusion in Pakistan.
Fujitsu and Ricex Reveals World’s First Blockchain-Enabled Rice Trading Platform
Fujitsu has revealed its collaboration with Rice Exchange (Ricex), a Switzerland-based startup, for the first-ever blockchain-powered rice trading platform. This move seeks to offer unparalleled traceability, efficiency, transparency, and security to the worldwide rice market worth a whopping $450 billion.
ChatGPT Ban Lifted in Italy
Italy's data protection agency banned OpenAI's ChatGPT chatbot in March 2023 for allegedly violating GDPR. The ban was lifted in April after the company complied with the regulator's transparency demands and implemented age-gating measures.
Visa Blockchain Payments Will Help Promote Bank CBDC Integration
Visa is enhancing its blockchain payment drives among its merchants through research while forming partnerships with central banks for CBDC issuance
QuickSwap Breaches $1,000 for the First Time amid Increasing Adoption of Polygon
QuickSwap is a decentralized trading platform leveraging Polygon's Layer 2 network. Its native token QUICK achieved a new record-high today, breaching $1,000.
Binance to Delist Multiple Trading Pairs Including ANKR, IOTA, LRC, Effective September 1, 2023
Binance has announced the discontinuation of several spot trading pairs, including ANKR/BNB, CVC/BUSD, EPX/BUSD, HIVE/BUSD, IOTA/BNB, KLAY/BUSD, LRC/BNB, MBL/BUSD, MTL/ETH, and UMA/BUSD, on September 1, 2023. The removal could impact liquidity and trading strategies, particularly for automated trading systems.
Global Supply Chain Financing: A New Era of Resilience and Diversification
Citi's 2024 report on supply chain financing highlights a shift towards resilience and diversification in global trade, emphasizing technological innovations and the adoption of the China Plus One strategy.
Crypto Industry Key Topics to be Explored at Blockchain Fest Singapore
There are a number of talks on True Digital Ownership with DeFi & NFTs, Tokenomics, and Insurance in the Crypto Industry that will be part of Blockchain Fest Singapore 2023.
7,500 Ether Stolen from Uniswap in Phishing Attack
The hacker stole 7,500 ether from a wallet said to be a liquidity provider on the Uniswap decentralized exchange.
Crypto Price Index Predicted to Revolutionize the Cryptocurrency Market
The Crypto Price Index (CPI) is touted to be an ideal crypto market indicator which will include over 200 of the top traded cryptocurrencies based on market capitalization. Expressly, it is expected to function like the Dow Jones Industrial Average by offering insights about the trading history of the major blockchain projects.
Crypto Whales Taking Wait-and-See Approach
Based on hiked interest rates and the ongoing Russia-Ukraine war, crypto whales have shown signs of caution, given that their transaction volumes have been dwindling.
Hidden Road Partners in Big Talks With Top Firms to Provide Access to Trade or Hedge Crypto Risks
Hidden Road Partners is in talks with hedge funds and many of the top 20 global banks about providing access to trade or hedging their crypto risks, Bloomberg reported citing executives at the firm.
Biswap DEX Unveils Improved AMM as Part of Its Ambitious 2023 Roadmap
BNB Chain decentralized exchange Biswap has published its 2023 roadmap which includes a number of proposed improvements and upgrades. It includes details of a new AMM, route optimization, and perpetual trading.
BNB Chain: Driving the Next Billion User Revolution in Web3, NFTs, and the Metaverse – An Exclusive Interview
Discover BNB Chain's strategy for onboarding 1 billion Web3 users, bridging the decentralized tech gap, managing transaction costs, and future platform developments in our exclusive interview.
BinaryX Releases Concept Art for World Building MMO CyberLand
BinaryX has confirmed that it is working on a new free-to-play, play-to-own game, CyberLand, an open-world MMO powered by blockchain technology. The team just released the concept video which gives a first look of the terrains and features of the game.
Oscar Actor Anthony Hopkins's New Production "Zero Contact" to Premiere on New NFT Platform Vuele
The famous Oscar actor Anthony Hopkins' new film called "Zero Touch" will premiere on the new platform Vuele in the form of Non-Fungible Tokens (NFTs). It will be the first feature-length movie sold in the form of NFT.
Gate.io Launches First Country-Specific Site at Blockchain Economy Summit Türkiye
Gate.io, one of the world's largest cryptocurrency exchanges, has officially launched its first country-specific site, Gate Türkiye, during Blockchain Economy Summit Istanbul, currently underway in Türkiye. The company is a Diamond Sponsor of the event, which is one of Eurasia's largest blockchain events.
Top 10 Dapps on Ethereum Network Surpass 1 Million Daily Users
The top 10 decentralized applications on the Ethereum network have hit 1,017,760 daily active wallet users, according to data analytics company DappRadar.
Twitter and Alibaba Enter Global AI Race
Twitter and Alibaba are reportedly integrating artificial intelligence (AI) into their businesses. Meanwhile, Gemini co-founders Tyler and Cameron Winklevoss have funded their business with a $100 million personal loan. This week’s Crypto Biz also covers MetaMask's new feature for purchasing cryptocurrency and Alibaba's new chatbot assistant.
Chinese E-Commerce Giant JD.com Launches Enterprise-Level Blockchain-Based Smart Contracts
Chinese e-commerce giant JD.com, also known as Jingdong, has successfully launched two enterprise-level applications, including blockchain-based smart contracts, and the protection of commercially confidential information. These two applications were launched on JD’s independently-developed proprietary blockchain, JD Chain. The JD Chain blockchain framework was made open sourced around a year ago, five months after the company launched the JD Blockchain Open Platform enabling companies to use JD’s platform using pre-built APIs. The blockchain protocol has been opened up to allow enterprises to built custom solutions.
Ukraine to Record War Against Russia in NFTs
The Ukrainian government has planned to launch non-fungible tokens (NFTs) featuring unique digital artwork illustrating stories from its war with Russia.
China Targets Overseas Telecom Fraud Leveraging Blockchain, Crypto, Metaverse, and AI
China's crackdown on overseas telecom fraud emphasizes legal action against crimes using blockchain, crypto, metaverse, and AI, aiming to protect public interests.
Hamilton Lane Tokenizes Funds to Offer Individual Investors Access Private Markets
Hamilton Lane is making three investment funds available to individual investors by tokenizing part of its $835 billion funds via a partnership with Securitize.
KODW 2020 Goes Virtual Meeting Global Experts to Explore the New Normal
Hong Kong Design Centre’s (HKDC) major annual event, Knowledge of Design Week (KODW), will make its debut as a virtual event for international audiences this year. With Create Hong Kong (CreateHK) of the Government of the Hong Kong Special Administrative Region (HKSAR Government) as the Lead Sponsor, and under the theme “Designing Digital Futures”, KODW 2020 will be held from 26 to 29 August 2020 to explore how digital transformation and human-centric design can help us navigate uncertainty and thrive in the pandemic world.
SWIFT Takes Another Shot at Cryptos, Refers to Them as "Useless and Unsteady"
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has dropped another hammer on proponents of Bitcoin and cryptocurrencies, referring to Cryptos as “useless and unstable.”
Billionaire Mark Cuban Reveals that He Has Invested in Bitcoin
Billionaire Mark Cuban revealed in a past interview that his team, Dallas Mavericks, is accepting Bitcoins for tickets and merchandise. Cuban has been a sharp critic of crypto in the past but it seems like his view has changed.
Minerva's Circle launches at DCENTRAL Miami 2022
DCENTRAL Miami, one of the world's most anticipated Web3 conferences of the year, is proud to announce its new Minerva's Circle gender equality and diversity initiative. Named after the Roman goddess of wisdom, arts, strategy and justice, the dedicated women's community created by DCENTRAL pushes for greater crypto and Web3 education for women worldwide.
Worldcoin's Global Identity Protocol Hits 2 Million Sign-ups
Worldcoin, aiming to be largest identity and financial network, led by chatgpt owner OpenAI CEO Sam Altman, as a public utilityan innovative global identity protocol, has announced a significant milestone, reaching 2 million World ID sign-ups during its beta phase
Tencent Report: Leading AI Innovation with Responsible Safety and Ethical Practices
Tencent's report emphasizes its commitment to responsible AI, emphasizing safety and ethical practices in large models, highlighting strategies for model security, value alignment, and ethical considerations.
BlockFi Total Loan Tops $1.8B With a $600M Net Risk Exposure in Q2
BlockFi, a major crypto lending firm based in New Jersey, officially disclosed a total loan of $1.8 billion and a net unsecured exposure of $600 million by the end of the second quarter of 2022.
Thailand SEC Considers Ban on Crypto Staking and Lending
Thailand's SEC is seeking public comments on a draft regulation that would ban virtual asset service providers from offering or engaging in any crypto staking or lending activities.
State Street: Most Asset Managers are Bullish on Blockchain and Crypto
Boston-based asset manager State Street published a report on industry trends in 2020, highlighting the growth of cryptocurrencies and blockchain in the financial services industry.
CFTC Files First Lawsuit Against DAO
The Commodity Futures Trading Commission (CFTC) has filed its first lawsuit against a decentralized autonomous organization (DAO).
El Salvador to Elevate Bitcoin Status by Issuing Bonds
El Salvador is planning to issues its first bitcoin bond next month, the Central American country's Finance Minister Alejandro Zelaya announced.
EU Parliament Passes Cybersecurity Legislation for Crypto and Fintech Firms
The European Parliament has passed a bill titled Digital Operational Resilience Act (DORA) addressing the cybersecurity of crypto and fintech companies.
Decentralized Perpetual Exchange PairEx Announces Beta Trading Competition with Up to 8,888 USD ARB & PEX Tokens
PairEx.io, a decentralized perpetual exchange built on the Arbitrum network, is excited to announce its beta trading competition with a prize pool of up to 8,888 USD equivalent in ARB and PEX tokens. The competition, which is now live, offers traders the opportunity to showcase their trading skills and win lucrative rewards.
Digital Asset Venture Dragonfly Acquires Crypto Fund MetaStable Capital for Rebranding
Digital asset venture capital firm Dragonfly has acquired cryptocurrency investment fund MetaStable Capital, according to Bloomberg.
Bitcoin Price Surges to 2020 High of $15,960, MicroStrategy Sees $182 Million Increase
The Bitcoin price reached a new high for 2020 gaining over 12% in the last 24 hrs to reach $15,960. MicroStrategy has reported a $182 million gain in their BTC reserve value.
Chinese Bank Partially Owned by the Government Invests in Nervos STO
The Nervos Network security token offering (STO) has aimed to start on Oct. 16, to raise an undisclosed amount within two weeks via the CoinList platform.
Microsoft Takes Down COVID-19 Cyber Criminals to Eliminate "Business Email Compromise" Attacks
Scammers have been taking advantage of COVID-19 and the worldwide economic crisis revolving around it to retrieve personal information and phish data from Microsoft users.
The Birth of the Coronavirus-Backed CoronaCoin Amid Quarantining Banknotes in China
The novel coronavirus, also known as COVID-19 has spread to at least 25 other countries and caused 5 deaths outside of mainland China. Restrictions in Hubei, of the epicenter province of the outbreak, have been imposed further on its citizens. In Wuhan, the city where the coronavirus originated, has been banning its citizens from leaving their homes.
Bank of Jamaica Collaborates with Local Government to Expand CBDC Adoption
In a recent update, it was reported that the Bank of Jamaica is set to partner with the Government to boost the adoption of its central bank digital currency, JamDex, as a payment method.
Future of Index Funds
Inspired by traditional index funds' success, Crypto20 (C20) was designed to reinvent how investors gain exposure to the broader crypto market. With cryptocurrencies long-term growth potential, an index fund is the perfect entry point for investors looking to generate exceptional returns without taking on excessive risk.
Spain’s Regulator Clashes with Popular Football Star Andres Iniesta Over Binance’s Tweet
Spain’s market regulator has confronted Andres Iniesta over his public acknowledgement he is getting started trading cryptocurrency on Binance platform.
Holiday Rental Platform Seeks Blockchain Technology to Minimize Costs
EzyStayz, an Australian-based international vacation rental platform, is using blockchain technology to minimize costs, as well as enhance the home rental services it offers. It also seeks to revamp the duopoly witnessed in the home rental market via blockchain.
Kraken Passes Reserve Audit Proof, Allowing Customers to Verify Crypto Balances
Kraken exchange has passed a crypto audit by Armanino LLP, allowing customers to verify cryptocurrency balances.
Circle CEO Tells US Treasury Department to Provide a "Meaningful Safe Harbor" for the Crypto Industry
Circle CEO wants the US Treasury Department to provide improved regulation that can offer a “meaningful safe harbor” for players within the cryptocurrency.
Maker (MKR) Token Hits a New High as MakerDAO's First Financing Proposal Gets Approved
The market value of altcoins broke through $1 trillion for the first time, and MAKER successfully attracted the attention of investors.
Polygon Labs Critiques SEC Proposed Rulemaking That Threatens Permissionless Blockchain Networks
Polygon Labs, the leading blockchain technology firm, issued a response today to a proposed rule from the Securities and Exchange Commission (SEC) that redefines the term "exchange."
Musk's Halloween Tweet Leads to DOGE, SHIB Uptrend
DOGE shot up 14% within minutes following his tweet. However, the crypto shrank down to 12% at press time. While Shiba Inu also went up by around 5% to create a local high of $0.00001032.
Liechtenstein's Ground-Breaking Blockchain Business Law At a Glance
Liechtenstein's introduction of the world’s first blockchain business law represents an important milestone in the evolution of legal frameworks to support blockchain business.
Bitcoin Supply is Moving to Strong Hands amid BTC On-Chain Analysis Going Mainstream
The current Bitcoin correction has not dampened the spirits of strong hands, investors who hold for future purposes because they are accumulating more coins.
Fidelity Investments Experiments With Crypto Salary Payments
Fidelity Investments experiments with paying employees in cryptocurrency
What Are The Key Takeaways from Block Live Asia?
What Are The Key Takeaways from Block Live Asia? The Block Live Asia in Singapore was a great success! Held in Marina Bay Sands Expo & Convention Centre 18 – 19 April, the event gathered over hundreds of crypto professionals on the latest blockchain development and the emergence of initial exchange offerings (IEO).
Dr. Ben Goertzel—Striving towards an Autonomous Decentralized and Compassionate Artificial Super Intelligence
Dr Ben Goertzel is the founder and CEO of SingularityNET a blockchain-based Artificial Intelligence marketplace project. He has described the project as a medium for the creation and the emergence of the global super brain–an autonomous decentralized democratically governed artificial super intelligent network that must be biased toward compassion for the betterment of humanity.
Central Banks to Cross-Examine Libra’s Founders in Switzerland
The European Central Bank (ECB) officials and 25 global central banks will be meeting with Libra’s founders to assess the project.
Pakistan Banks Develop Blockchain-based KYC Platform
The Pakistan Banks’ Association has signed a contract to develop Pakistan’s first blockchain-based national eKYC banking platform aimed at strengthening anti-money laundering capabilities while countering terror financing. The blockchain platform will also improve operational efficiencies, mainly focused on improving customer experience during onboarding.
Walmart Hires Digital Currency and Cryptocurrency Product Lead
The multinational retail giant in the United States, Walmart, is hiring managing position in charge of cryptocurrency and digital products.
VeChain Releases New Official Block Explorer and Sync Ledger Wallet Interface
The VeChain Foundation has announced the release of a new official block explorer and sync ledger wallet interface, which are in-house developed solutions maintained by the major development team.
Meta's Digital Assets Expansion: A Scrutiny by Maxine Waters
Congresswoman Maxine Waters scrutinizes Meta's trademark applications, filed in March 2022, suggesting the company's continued involvement in the digital assets ecosystem, despite previous assurances of no ongoing projects in this area.
Venezuela’s Main Airport to Accept Cryptos as Payment for Flight Tickets & Services
Freddy Borges, a director at Simon Bolivar International Airport, said that the airport would accept Dash, Petro alongside Bitcoin for ticket purchases and for other flight services.
EIB Bemoans the Underinvestment in Blockchain and AI, Foresees a $12B Shortfall
The EIB says Blockchain technology and AI has a shortfall in funding to the tune of $12 billion.
Wormhole Announces W Token Airdrop
Wormhole, a leading interoperability protocol, has unveiled its native token W and an airdrop to decentralize its network, reinforcing its commitment to the Web3 vision.
Binance Gets the Green Light to Operate in Bahrain
Binance makes a new milestone after being granted a crypto-asset service provider license approved by the Central Bank of Bahrain (CBB).
President Xi Urges Expedition of Blockchain Development in China
On Oct. 25, China’s President Xi Jinping said at the study session of the Politburo held on Thursday that the nation should accelerate the development of blockchain technology.
Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality
Blockchain.News sat down with Peter Mok, Head of Incubation and Acceleration Programmes, HKSTP to gain further insight into the incubation initiative and the custom-made programs, that have been designed to support technology startups, and specifically how they could be utilized by blockchain startups.
Bitcoin is 57,000 Times Less Environmentally Friendly Than the "Green Cryptocurrency" XRP, Says Ripple
Ripple claims that its cryptocurrency, XRP, is 57,000 times more environmentally friendly than the largest cryptocurrency, Bitcoin. According to Ripple’s blog post, the firm criticizes Bitcoin’s consensus mechanism, proof-of-work (PoW), as a major issue contributing to the vast amounts of energy consumed for validating and processing transactions on the network.
Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT
COSIMO Ventures, an investment firm situated in Boston and Dublin, recently announced that the Rochester Institute of Technology (RIT) has endorsed them with a seven-figure investment.
Judge Denies Telegram's Appeal to Issue Grams to Non-US Entities, Says it's Too Late to Question SEC Jurisdiction
US Federal Judge P. Kevin Castel has denied Telegram’s request to issue its Gram tokens to overseas investors.
Nepal to Shut Down Crypto Trading Mediums
The crypto industry in Nepal is about to witness further setbacks as the government has started to ban trading mediums for digital assets.
Bank of Japan to Launch CBDC Proof-of-Concept in 2021
The Bank of Japan (BOJ) has revealed its plan to kick start an early proof-of-concept on the issuance of its central bank digital currency (CBDC) next year.
The Bank of Ghana Cooperates with German Giesecke+Devrient to Conduct its CBDC Pilot
The Bank of Ghana has launched cooperation with Giesecke+Devrient to conduct a pilot project for its Central Bank Digital Currency (CBDC) in West Africa Ghana.
Celsius Repays Compound Finance $10m Worth of DAI
Crypto lender Celsius Network has repaid interest-yielding DeFi service Compound Finance with $10 million worth of the DAI algorithmic stablecoin, according to a report from Crypto Briefing.
DeFi Protocol Wonderland Involves Cybercrime, Associated with Canadian Crypto Exchange Quadriga
A decentralized finance project called Wonderland involves a cybercrime associated with Canadian crypto exchange Quadriga, turning DeFi into a financial felon’s wonderland.
Lemonade to Offer Blockchain-Powered Climate Insurance for Farmers in Emerging Markets
American insurance company Lemonade has revealed the formation of Lemonade Crypto Climate Coalition which will offer blockchain-enabled climate insurance to the most vulnerable farmers across the globe.
Helium and Dish Network Collaborate to Expand its Blockchain-based Distributed 5G Platform
The decentralized peer-to-peer (P2P) 5G wireless network Helium announced to establish a new partnership with Dish Network.
Zharta Raises $4.3 M to Speed Growth in Instant NFT Lending
DeFi company Zharta, has secured seed funding from leading Web3 VCs and strategic investors to accelerate its growth to meet customer demand and go to market. Zharta, creator of a lending protocol for instant NFT collateralized loans, has closed a seed round of 4 million dollars in new capital to fuel the company's next phase of growth. The company had initially raised an acceleration round of $300,000 from angel investors.
CSOP to List First Metaverse Concept ETF on HKEX
CSOP Asset Management Limited is set to launch Hong Kong's first Metaverse exchange-traded fund on February 21, 2022, according to the company's disclosure document.
BOCI and UBS Partner to Issue First Tokenized Security in Hong Kong
BOCI, a leading Chinese financial institution, has issued the first tokenized security in Hong Kong, reaching a milestone in digital finance.
Thai Central Bank Issues Stern Warning about Thai Baht Digital (THT) Stablecoin
The Bank of Thailand is warning citizens against using the illegal THT stablecoin.
Taiwan's Financial Supervisory Commission Drafts New Crypto Regulations
Taiwan's Financial Supervisory Commission drafts crypto regulations for 2023, focusing on anti-money laundering, token issuance, asset segregation, and transparent trading. Overseas platforms face advertising restrictions.
Singapore Employs Blockchain-Enabled Digital Health Passport for Enhanced Medical Data Management
The Singaporean administration teamed up with a local startup to establish a blockchain-powered digital health passport to boost medical records management.
Could IBM’s Blockchain Platform be the Solution to Disrupted Healthcare Supply Chains Caused by the Coronavirus Pandemic?
IBM’s Rapid Supplier Connect leverages the existing IBM’s blockchain platform, Trust Your Supplier, which is a blockchain-based trusted digital identity and supplier information that simplifies the supplier onboarding and supplier management processes while reducing risks. IBM is allowing qualifying suppliers to use Rapid Supplier Connect free of charge until August 31. New York’s largest nonprofit healthcare group, Northwell Health recently joined IBM’s Rapid Supplier Connect Network, a blockchain project that aims to tackle the disrupted healthcare supply chains caused by the coronavirus pandemic.
Axie Infinity Dominates Crypto Games Sector: Crypto Head
The Crypto Head report added that Axie Infinity has a diluted market cap of almost $16 million - which is more than $10 million than third-placed Decentraland.
Ethereum Classic Receives $10m Capital Boost from AntPool
Layer-1 blockchain protocol, Ethereum Classic has received a new $10 million capital boost for its ecosystem as announced by AntPool, the mining pool offshoot of Bitmain.
Former US Treasurer Joins Ripple Board
Rosa Rosie Gumataotao Rios, the 43rd US Treasurer, is joining the Ripple Board amid the ongoing court duel with the SEC
Morpheus.Network Integrates with Polygon to Simplify Supply Chain Activities
Supply chain SaaS platform Morpheus.Network Y integrates with Polygon, a decentralised Ethereum scaling network to simplify supply chain operations.
June 1: Sell in May Postponed to Sell in June?
For the past few weeks, there have been quite a bit of talk/shill/promoting of ETH and I think largely driven by a combination of factors that I've described earlier (i.e. growing daily active addresses, more than 60 bil gas being used, $7bn in stablecoins and Greyscale's ETH demand). Other protocol tokens such as Cardano, Zilliqa and NEO also followed the ETH move, albeit less exaggerated.
RealFevr Raises €10 Million to Build the Ultimate Web3 GameFi Sports Ecosystem
RealFevr, one of Portugal’s fastest-growing startups, announced that it has raised a €10 Million funding round. The round is led by global sports investor ADvantage, with participation from Semapa Next, Shilling Capital Partners, APEX Capital, and the professional football player Sérgio Oliveira.
Tesla Records $51 Million Impairment Loss on its Bitcoin Holdings in Q3
Tesla has announced that it experienced an impairment loss of $51 million on its Bitcoin investments in Q3. The company’s investment in Bitcoin fell, driven by relative instability in the crypto’s price experienced during that period.
Cobo Argus Boosts DeFi Strategies Security via Chainlink Price Feeds Integration
Cobo Argus has integrated Chainlink Price Feeds on Arbitrum mainnet to bolster its automated DeFi strategies, enhancing security and facilitating swift fund withdrawals during token depegs. This collaboration with Chainlink also underscores Cobo Argus's commitment to providing fortified, efficient on-chain DeFi management solutions.
New South Wales Treasury Proposes Flexible Regulatory Reform For Blockchain
Australia’s New South Wales is proposing a flexible regulatory reform to accommodate the thriving blockchain and cryptocurrency ecosystem
Greyp Teams Up with Blockchain Entities for Automated Payment System
Greyp, a Croatian mobility tech startup and electric bike manufacturer, has partnered with two blockchain firms, the Energy Web Foundation (EWF) and slock.it, to establish an automated payment structure for IoT vehicles.
Robinhood's Shares Tumble 15%, Posts $423M Net Loss
Robinhood Markets Inc's shares tumbled 15% in after-hours trade as the commission-free brokerage firm saw a $423 million net loss in the last quarter.
Here's Why GPT-4 Becomes 'Stupid': Unpacking Performance Degradation
The performance degradation of GPT-4, often labeled as 'stupidity', is a pressing issue in AI, highlighting the model's inability to adapt to new data and the necessity for continuous learning in AI development.
Hong Kong's K11 MUSEA Launches Large-scale Showcase of NFTs
Hong Kong's K11 MUSEA is launching a large-scale showcase of non-fungible token (NFT) art from April 29 to June 19, 2022, along with educational workshops and talks for all ages.
Mysten Labs Partners with Alibaba Cloud to Bolster Sui Blockchain Ecosystem
Mysten Labs collaborates with Alibaba Cloud to enhance the Sui blockchain ecosystem, introducing AI-assisted development tools, educational programs, and global infrastructural support.
Cryptocurrency Firms Starting to See Singapore as Unhospitable, Nikkei Says
Cryptocurrency companies that were attracted to Singapore for their crypto-friendly stance have begun to realise the difficulty of legally operating in the city-state, Nikkei Asia reported.
Why Blockchain Voting Is Fundamentally Important for Democracy and Trust
Blockchain's unique tamper-proof feature can simplify the voting process and remove reliance on third-party intermediaries through shared consensus.
Coinbase Quarterly Trading Volumes Jump 67% to $547B
U.S. cryptocurrency exchange Coinbase Global Inc said that it saw a surge in quarterly trading volumes with a jump of over 67% to $547 billion in the quarter ended December 31.
Cryptoassets Use in Ukraine War under Scrutiny by Global Regulators: Reuters
The use of crypto assets is being closely watched by global financial regulators amid the war in Ukraine after worry about its use to evade Western sanctions on Russia, according to Reuters.
Institutional Investors Regain Confidence towards Crypto while Retail Investors Remain Hesitant: Analysis
Analysis suggests institutional investors have an increasingly optimistic stance on the cryptocurrency ecosystem, and then retail investors are still hesitant to return to the market.
Coinbase Acquires FairX, Creating Room for Crypto Derivatives Market
Coinbase is launching a cryptocurrency derivatives service for its clients by announcing the acquisition of derivatives exchange FairX.
Cozy Web3 Movement: Cozies announces minting of Cozies NFTs for October 10th
Cozies, an immersive community-driven movement promoting a "Cozy" culture of living, has announced its first-ever Cozies NFT release is minting for October 10th at 10 am EST on its Cozies.io website. Inspired by lo-fi anime aesthetics, sci-fi, and streetwear culture, the Cozies collection is made up of ERC721A 10,000 NFTs, each intentionally crafted to reflect a Cozy futuristic reality.
Vladimir Putin’s Next Presidential Term Will Depend on Blockchain-Powered Constitutional Amendment Voting
Russia’s upcoming e-voting on Vladimir Putin’s Constitutional amendments will be implemented using blockchain technology. Citizens in Moscow will be able to cast their votes online using blockchain-powered e-voting, according to the Moscow government’s official website. Starting on June 5, Moscow citizens can sign up for the upcoming voting scheduled from June 25 to June 30.
NBA champion Andre Iguodala to Accept Salary Payment in Bitcoin
American basketball player Andre Iguodala, who plays for the NBA's Golden State Warriors, tweeted Monday that he will accept bitcoin as a salary.
Tech Mahindra Developing India’s Blockchain Education with Idealabs Partnership
Tech Mahindra, an Indian multinational IT company, has inked a partnership with Idealabs, an education technology firm, to boost Indian students and aspiring tech professionals with notable blockchain skillsets. Through the strategic collaboration, curated blockchain professional certification courses will be offered made up of live online classes and expert sessions by gurus in the industry.
India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?
India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not it is not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes.
Solana Introduces Web3 Mobile Phone Saga
Solana Labs subsidiary Solana Mobile has announced the launch of the mobile phone "Saga" set for launch in 2023.
U.S. Justice Department Seizes $9M in Crypto from Romance Scam Ring
The U.S. Justice Department successfully seizes $9M in crypto from a scam ring targeting over 70 victims, showcasing the government's commitment to combating cyber-enabled financial fraud.
Tom Emmer Accuses SEC Chair of Exceeding Authority, Detrimental to Americans, Citing Ripple Case
House Majority Whip Tom Emmer has criticized SEC Chair Gary Gensler for expanding authority negatively impacting Americans. Emmer emphasized Congress's need to use appropriations process to check Gensler's misuse of taxpayer resources, highlighting the ongoing debate on crypto regulation in the U.S.
Binance Adds Its Sixth Fiat-To-Crypto: The Turkish Lira
The Turkish fiat currency has been listed to trade against bitcoin, ethereum and XRP on the Binance web platform.
Lark Davis Escapes Celsius Network Bankruptcy With $2.5Million
According to crypto sleuth ZachXBT, Lark Davis withdrew $2.5 million from Celsius long before the company crashed.
Animoca Brands to Cover Losses of Recent Scam Victims
Hong Kong-based Animoca Brands released a statement saying that the company will cover the losses of those who fell victim to an online scam on November 19.
FTX Issues Fresh Warning on Phishing Emails and Scam Sites
FTX issues a fresh warning about phishing emails and scam sites mimicking its Debtors' portal. The alert, dated October 5, 2023, comes amid industry-wide concerns about phishing attacks, including a recent warning from Binance CEO Changpeng Zhao.
SupraOracles Goes Live on Ethereum, Polygon, Aptos and Four Other L1 Blockchain Testnets
Have a blockchain dApp ready to integrate the most state-of-the-art Oracle? Sign up for Supra’s Network Activation Program (SNAP) for the opportunity to receive free oracle and VRF/RNG credits before the list is full.
Hollywood Agencies Join Forces with AI Firm Loti to Tackle Deepfake Threats
Top Hollywood talent agencies collaborate with AI company Loti in a groundbreaking effort to safeguard celebrities from the perils of deepfakes.
Spain Bank BBVA Launches Bitcoin Trading Service in Switzerland
Spanish bank BBVA launches a new Bitcoin trading service for its customers based in Switzerland.
Facebook Considers Fiat-pegged Stablecoins for Libra
Despite facing constant criticism, Libra continues to stead on, with consideration of using Fiat – Pegged Stable coins for the project to replace its initial proposal of having a synthetic unit.
Etherscan Acquired Solana to Enhance Services and Ensure Fair Blockchain Data Access
Etherscan's acquisition of Solscan marks a strategic expansion in blockchain exploration, promising enhanced services, innovation, and industry growth.
The End of Bitcoin: Which Cryptocurrencies will survive a future crash?
During the Covid crisis, casual investors started to swap stocks and shares and even golf for investment in cryptocurrency, with Bitcoin and other altcoins like Ethereum proving to be hugely popular.
Bitcoin Back to Positive Territory Following Rally at $46,000
Bitcoin went past the level of $46,000 over the past two weeks which has put the world's top cryptocurrency back on track to positive territory for the year, according to Bloomberg.
Kazakhstan-Based Crypto Miners Face Unprecedented Situation
Kazakhstan-based crypto miners have been witnessing an unprecedented situation as they find themselves surrounded by uncertainty due to political forces.
Forum Blockchain Life 2021
Sixth biggest offline event on blockchain,cryptocurrencies and mining - Blockchain Life 2021 - takes place on April 21-22 in Moscow
Hong Kong Customs Arrests Four Men in Alleged $155M Crypto Laundering
Hong Kong Customs announced Thursday that the authority had dismantled a local cryptocurrency money-laundering syndicate involving HK$1.2 billion ($US 155 million). The operation is considered the first case for the same kind in the city.
Google DeepMind Introduces SynthID to Combat Deepfakes and AI-Generated Imagery
Google DeepMind introduces SynthID, a watermarking technology for AI-generated images, allowing detection through specialized tools, initially available to Google Cloud customers using Vertex AI and Imagen image generator.
FTX Launches FTX Access to Provide Institutional Products and Services
Cryptocurrency exchange FTX launched FTX Access, which focuses on serving institutional investors in digital assets.
U.S. Intends to Impose Tax on Crypto to Support Infrastructure Construction Amid Musk and Dorsey Express Strong Dissatisfaction
As the bipartisan Senate began to vote on President Joe Biden's infrastructure package, the taxation of cryptocurrency transactions in this infrastructure plan cited Tesla CEO Elon Musk, Jack Dorsey, Senator Criticism by Ted Cruz, and others.
Binance "Investing Heavily in DeFi", Tweets CEO CZ
Earlier, CZ announced that the company will be spending more than $1 billion on potential investments and acquisitions this year. According to Binance, DeFi and NFT projects are among the good options.
Apple Faces Major Complaint for Tracking Code that Allegedly Violates EU Privacy Regulations
A complaint that alleges that Apple’s Identifier for Advertisers code (IDFA) is a privacy breach going against European laws has been filed.
What Is Balancer?
Released in March 2020, Balancer is an Ethereum-based automated market maker (AMM) that enables users to earn fees by providing liquidity and trading.
First Crypto-Native Bank to be Launched in the United States by Former Wall Street Executive
Former Wall Street executive and blockchain laws advocate Caitlin Long has seized the opportunity to establish the first crypto-native bank in the United States. This opportunity came as an advantage as the Wyoming legislature has been progressive, and Long previously helped Wyoming to enact thirteen blockchain-enabling laws.
FTX Sees Native Token FTT Tumble by 15% Following Binance Selloff
Popular crypto exchange FTX has witnessed a massive dip in the price of their native token, which has come about after an increase in withdrawals kickstarted by another top crypto exchange Binance, who planned to sell off all their FTX tokens.
PlexCoin Founder Indicted by US Grand Jury for 2017 ICO Securities Fraud
A United States grand jury indictment has been delivered to Plexcoin founder, Dominic Lacroix, as well as Yan Ouellet and Sabrina Paradis-Royer for securities and wire fraud, and conspiracy to launder money, according to the DOJ.
Gamers Invest Just Over 1 Million USD In Blockchain for Virtual Real Estate
Investing in real estate is what many call a sound investment, however, does this also apply to virtual seaside views and luxury apartments in the gaming worlds as well?
Goldman Sachs Starts Trading on JPMorgan’s Repo Blockchain Platform Onyx
Goldman Sachs Group has joined Onyx, an online trading platform based on the Ethereum blockchain created by JPMorgan Chase. It will use the platform to conduct smart contracts and a digital version of the dollar repurchase agreement.
May 31: Everyone Wants to be the Broker in Crypto
BTC has managed to get into my sell zone with ETH clearly leading the charts with the triangle breakout getting quite a few technical guys excited. Contrary to this spike, 20k+ ETH Dec 120 puts traded at $8.4 yesterday. So who's gonna be right?
Blockchain Technology Implemented into Indonesia's Digital Economy
Bank Central Asia (BCA) is campaigning for Indonesian financial businesses to innovate and adopt blockchain technology to support its digital economy amidst rapid technological revolution.
BTC Mining Firm Griid to be Listed on NYSE, valued at $3.3B
Bitcoin mining company Griid announced that it will merge with Adit EdTech Acquisition Corp through a special purpose acquisition company (SPAC) to be listed on the New York Stock Exchange under the stock code "GRDI".
Iconic Funds Launches Fourth Crypto Offering with ApeCoin ETP
Listed on the Boerse Stuttgart, the ApeCoin ETP underscores the company's long-term confidence in the digital assets theme, joining existing products including the Bitcoin ETP, Carbon offset Bitcoin ETP, and Ethereum ETP.
Chinese-based BSN to Launch First International Expansion in August: CNBC
Chinese state-backed blockchain company Blockchain-based Service Network (BSN) is reportedly to launch an international project overseas within serval months, according to CNBC citing people with the matter.
Italy's Garante Sets Mandates for OpenAI's ChatGPT Service
Italy's data protection agency, Garante, has issued mandates for OpenAI's ChatGPT service, requiring the company to increase transparency and implement age-gating measures to prevent minors from accessing its technology. OpenAI must also specify the legal grounds for processing data and allow users to exercise their rights regarding their personal data. The deadline for compliance is April 30, with an extension until May 31 for implementing age verification technology.
BaaS to Boost Blockchain Adoption in the Healthcare Market, Study Shows
The enhanced adoption of blockchain as a service (BaaS) is anticipated to boost the blockchain in the healthcare market, according to a report by Research and Markets.
Polkadot Developer Parity Technologies Reportedly Cuts Over 300 Staff This Week
Parity Technologies lays off over 300 employees amidst a strategic shift towards community-driven operations. The move comes as Polkadot faces ecosystem challenges, including a large upcoming supply event and a seeming lack of demand in parachain auctions. Community members have expressed mixed reactions, and concerns are rising on Polkadot's ability to maintain its market valuation in the medium term.
Is Bitcoin in India about to Boom? Paxful Survey Projection
Paxful, the peer-to-peer bitcoin marketplace, has released a survey that indicates India’s enthusiasm for Bitcoin has been reignited following the landmark decision to lift the ban on crypto trading.
Bitwise Bitcoin ETF (BITB): 0.20% Management Fee, Pledges 10% Profits for Bitcoin Development
Bitwise Bitcoin ETF (BITB) is a low-cost, regulated ETF for U.S. investors, offering a traditional route to investing in bitcoin. With a 0% management fee for the first six months, BITB could pave the way for more cryptocurrency-based investment products.
Coinbase NFT Marketplace is Open to All
Coinbase NFT marketplace is still in beta version and its focus is on creating a social platform for community members of buyers and sellers who can test it and build a larger community.
Biden's Budget Proposal Includes Crackdown on Crypto Wash Sales and Doubling of Capital Gains Tax for Certain Investors
U.S. President Joe Biden's fiscal 2024 budget plan proposes a crackdown on crypto wash sales and a doubling of the capital gains tax for certain investors, which could raise $24 billion. The proposed changes to crypto tax treatment aim to reduce the deficit by nearly $3 trillion over the next decade. The budget proposal seeks to eliminate the tax-loss harvesting strategy used by crypto traders, which allows them to sell assets at a loss for tax purposes before immediately repurchasing them. The proposal also aims to raise the capital gains tax rate for investors making at least $1 million to 39.6%.
India’s Telangana State to Stamp Out Fake Academic Certificates via Blockchain
Following concerns raised by the US Embassy that some employees and students were applying for visas using fake academic certificates, the Indian state of Telangana has made a broad move of addressing this menace through blockchain technology.
Accelerating Financial Inclusion surfing the Wave of Digital Innovation - Accra, Ghana to host the 6th Edition Connected Banking
The West African financial sector has been witnessing a wave of digital innovation that has fuelled services and applications that had the potential to really shake up the banking sector. Banks, Fintechs, and financial institutions have been harnessing digital solutions designed to serve touchless and remote banking, which has unlocked opportunities for the millions of digitally connected diaspora that remains formally unbanked but economically active.
Privacy-centric Startup Nym Technologies Secures $300m in Funding
Privacy-centric startup Nym Technologies secured $300 million in financing. The new funding would create the Nym Foundation, support research on hybrid networks and privacy-enhancing technologies, and issue grants to developers.
Coinbase Invests $500M in Cash and Cash Equivalents and to Allocate 10% of Quarterly Net Income in Crypto
Cryptocurrency exchange Coinbase said it has committed $500 million in cash and cash equivalents and 10% of its quarterly net income which is worth $160 million will be invested in a portfolio of crypto assets.
BlackStar Seeks SEC Registration for On-Chain Stock Trading
BlackStar Enterprise Group plans to conduct over-the-counter stock trading on-chain and has sought registration with the SEC after two years of development and regulatory communication.
FV Bank Partners with Circle for Instant USDC Deposits and Conversion
FV Bank, a global digital bank, has partnered with Circle to enable instant and automatic conversion of USD Coin (USDC) into USD upon deposit for a seamless experience.
KPMG: Fintech Funding Fades in 2023
The global fintech market experienced its most challenging year since 2017, with investments dropping to $113.7 billion. Singapore's AI fintech sector saw a 77% increase in funding.
Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP
Goldman Sachs is looking for a new Vice President for its Digital Assets team to helps define and execute the investment firm’s global blockchain strategy.
PIMCO Begins to Step into the Field of Crypto amid the Fad of Bitcoin
A Fix-income investment management giant PIMCO began to get involved in the cryptocurrency field and gradually increased the amount of investment.
Blockchain, Bitcoin, Libra, Facebook
What’s Bull___, Brilliant and Big Brother? Deep diving & examining where the real value is.
Crypto Exchange Blockchain.Com Joins Exchanges in Italy
Blockchain.com said the registration is an important part of its global plans to provide services across Europe and across the world, as the exchange just get approval from the Italian regulator.
Blockchain, Our Growing Global Population, and Food Resources
With an evergrowing population, can blockchain aid in fighting against food shortages and supply chain problems?
Shardeum Seeking to Raise $20m-$30M Seed Fund at $200m Valuation
Nischal Shetty, the co-founder of Indian cryptocurrency exchange WazirX, is seeking a $20 million to $30 million funding round for his blockchain startup Shardeum at a $200 million valuation.
Valkyrie Bitcoin Mining ETF to List on Nasdaq
American asset and index fund manager Valkyrie will list on the Nasdaq on Tuesday, February 8, under the ticker symbol "WGMI."
Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group
Multinational cybersecurity provider Kaspersky has announced that the notorious North Korean crypto criminal group, Lazarus, is planning on releasing a new ransomware.
Metaverse will change the world in 2022
After Facebook has announced to change its name to "Meta" last summer, the whole world has focused on a term called "Metaverse". The word "Metaverse" has been searched in Google and Youtube every day. However, Meta is not a decentralized organization that is not a Decentralized Autonomous Organization (DAO), a Web.30 concept, and GameFi players may not like it.
Sparks Fly: Bitcoin and Ethereum Debate on ETH’s Total Supply Goes Viral
Over the past few days, a central debate has been ongoing on crypto Twitter, fueled by Bitcoin and Ethereum advocates. Both Bitcoiners and Ethereans disagree on which cryptocurrency is better for use.
IBM Joins Trade Finance Blockchain Platform We.Trade As New Shareholder
IBM has announced a new collaboration with blockchain-based trade finance platform, we.trade to enhance network capabilities and accelerate the global growth of the platform. We.trade was designed to connect buyers, sellers, banks, insurers, and other organizations in a network, simplifying cross-border trading. Built on the latest version of the IBM Blockchain Platform, IBM has been the platform’s technology partner since the beginning. We.trade was also the first enterprise blockchain consortium to go live, back in early 2018.
Binance Secures Registration in New Zealand, to Open Local Office
Binance has gained access to open up a local office soon in New Zealand as the crypto exchange platform successfully registered with the country's Ministry of Businesses Innovation and Employment.
Chainlink (LINK) Price Analysis - March 30, 2021
Chainlink's liquidity is showing a downward trend. However, there is still a possibility of LINK touching its all-time high of $36.89 in the short term. Here's why.
DeFi Investing Platform Zerion Raises $8.2M in Series A Funding Led by Mosaic Ventures
San Francisco -based Decentralized finance (DeFi) investing app -Zerion announced to complete a Series A funding with a total value of $8.2 million Wednesday.
Revive Elvis Presley with AI: A Next-Generation Tribute
Elvis Presley returns in a virtual concert "Elvis Evolution," using AI and holographic technology. The immersive show by Layered Reality recreates his life and music, set to open in London and tour globally.
Coinbase Custody Leads in Digital Asset Safety Amid ETF Adoption Surge
As crypto ETFs gain SEC approval, Coinbase Custody emerges as the trusted custodian for digital assets, leveraging advanced security and regulatory compliance.
Manchester United Selects Blockchain Firm Tezos as Technical Partner
Manchester United has inked a multi-year deal with Tezos as its training kit sponsor, indicating it is one of the sustainable, reliable, and advanced blockchains providers.
Bitcoin Mixer - Shuffling Your Bitcoin For Anonymity and Privacy
Bitcoin Mixer offers a solution to the many risks posed by transacting Bitcoins online through a process known as Bitcoin shuffling.
Blockchain Experts Discuss: Will Blockchain Be the Missing Piece to Financial Inclusion?
The Singapore Fintech Festival rounded up blockchain discussions on the last day of the festival, focusing on one of the main themes of the event, financial inclusion.
Animoca Brands subsidiary Darewise Entertainment Secures US$3.5M for Bitcoin Metaverse Ecosystem Token
Darewise Entertainment raised US$3.5 million via a token pre-sale on 17 October 2023, ahead of its Bitcoin metaverse ecosystem token launch, aimed at enhancing the development of its game Life Beyond. With significant backing from notable investors and strategic support from Horizen Labs for a 2024 token release, the project marks a substantial stride toward creating a Bitcoin-powered gaming metaverse.
Japan Rural Dwellers to Experience the Use of Blockchain in Property Acquisitions
A new platform has shown through trial methods that Japanese real estate fund was more efficient, transparent, and compliant with the use of digital securities and blockchain technology.
Tripling of Bitcoin Millionaire Wallets in 2023: A Deep Dive into the Crypto Wealth Explosion
In 2023, the number of Bitcoin wallets with over $1 million increased by 237%, indicating a significant shift in cryptocurrency wealth and market dynamics.
Buy Us Out: Majority of Chinese Blockchain Companies Don't Develop or Even Use Blockchain Technology
Blockchain companies have become a hot property in China over the last few years, and the rise in company registrations really surged following Chinese Leader Xi Jinping announcment last October that the country must strive to become the global blockchain leader.
China PBOC Views CBDC Race as "New Battlefied" Between Sovereign Nations
China through its apex bank, the People’s Bank of China (PBOC) has reiterated its desire to be the first nation to issue a Central Bank Digital Currency (CBDC)
Australian Senator Bragg Releases New Draft on Digitial Assets
Australian Liberal Senator Andrew Bragg proposed a new draft of the titled Digital Assets (Market Regulation) Bill 2022, aimed at regulating digital asset exchanges.
Ava Labs to Raise New Funding Round at $5B valuation
Ava Labs, the team behind the development and management of Avalanche public blockchain, is raising a new funding round at a valuation of $5 billion, according to Bloomberg.
Philippine Crypto Exchange Raised $50M from Series B Round, Led by Tiger Global
Philippine Cryptocurrency Exchange (PDAX) has raised $50 million from a Series B round, led by Tiger Global management.
Grayscale's Parent Company DCG Plans to Purchase $50M Shares of Ethereum Classic Trust
Digital Currency Group (DCG), the parent company of the cryptocurrency asset management company Grayscale, announced the firm will buy Grayscale Ethereum Classic Trust shares with a total value of $50 million.
Solana Launches Real-Time Carbon Emissions Tracking Dashboard
The Solana Foundation has launched a real-time tracking dashboard to measure carbon emissions on its blockchain, making it the first "major smart-contract blockchain" to do so. The dashboard, available on the Solana Climate website, aims to set a new standard for measuring emissions in the blockchain industry and encourages transparency. The data used to power the dashboard is open-source and modeled on the estimated carbon footprint of the Dell PowerEdge R940. The move comes as global efforts are being made to utilize blockchain technology to monitor carbon emissions.
Mastercard Unveils Interoperable CBDC in Australia
Mastercard, in association with the RBA and DFCRC, has demonstrated a groundbreaking interoperable CBDC solution to enhance Web3 commerce in Australia and beyond. The live demonstration showcased a pilot CBDC holder purchasing an NFT on Ethereum, utilizing Mastercard’s Multi Token Network, emphasizing the potential of blockchain interoperability in fostering secure and efficient digital commerce.
Binance Introduces New BOME/USDC, JTO/USDC, and WIF/USDC Trading Pairs and Trading Bots Services
Starting April 5, 2024, Binance introduces new trading pairs and Spot Algo Orders Trading Bots to enhance trading efficiency and diversify portfolios.
PwC Hong Kong and TerraZero Partner to Explore Metaverse Products
PricewaterhouseCoopers (PwC) Hong Kong and Metaverse Technology Company TerraZero Enter into Collaboration to Explore Metaverse Products and Services.
South Korean Shared Workspace Company Turns to a Blockchain-Powered Real Estate Platform
Sparkplus, a South Korean office sharing company, has announced a partnership with tech startup Kasa Korea for a blockchain-enabled real estate funding platform. Through the strategic collaboration, Sparkplus seeks to revolutionize Seoul’s sharing economy through a decentralized network that would enable people without much money to collectively and indirectly fund real estate.
Airdrop Hunters Consolidate Millions Worth of ARB Tokens
A blockchain analysis platform revealed that two "super airdrop hunters" consolidated tokens worth $3.3 million from 1,496 wallets into two wallets. One wallet received 1.4 million ARB from 866 addresses, adding all the tokens to Uniswap, while the other received 933,375 ARB from 630 addresses. Community members speculated about the identities behind the wallets, with some praising their efforts and others expressing negative sentiments.
Scholar Disagrees BTC as the medium of Legal Tender
Roger Svensson, Associate Professor of the Institute of Industrial Economics, suggests that Bitcoin (BTC) is unsuitable as a medium of flat money for international currency.
Companies among S. American Nations are Optimistic Accepting Crypto, Study Shows
Companies permitting Bitcoin and other crypto payments have a more positive outlook in Brazil, Columbia, and Argentina, according to a study by financial payments processing firm CoinsPaid.
Memecoins Dominate Q1 2024 Crypto Market Returns, Followed by DeFi and DePIN
In Q1 2024, crypto narratives experienced impressive returns, with memecoins leading the pack with an average return of 1312.6%, followed by RWA and AI.
A Number of Renowned Speakers are Expected to Take Part in Blockchain Fest Singapore 2023
A Number of Renowned Speakers are Expected to Take Part in Blockchain Fest Singapore 2023
MasRelic - DeFi and Synthetic Real Estate Platform Launched Its New Relic Token on the Ethereum Blockchain
MasRelic, a small cap start-up located 7 miles from one of the seven blockchain hubs of the world, New York City, has launched its new RELIC token on the Ethereum Blockchain on UniSwap.
Choise.com Invites Investors to Become Crypto Company Co-Owners
Crypto-banking innovator Choise.com is preparing a major assault on the $250B crypto earnings sector and is opening its equity book for those who want to be part of the journey. Via the Seedrs crowdinvesting platform, Choise.com is offering a limited supply of equity to Seedrs and its own platform users.
Israeli Authorities Disrupt Hezbollah and Iran Quds Force Terrorism Financing Crypto Infrastructure, Seize $1.7 Million
On June 27, 2023, Israeli Defense Minister Yoav Gallant announced that Israel's National Bureau for Counter Terror Financing (NBCTF) successfully disrupted the cryptocurrency infrastructure used by Hezbollah, a heavily sanctioned terrorist group based in Lebanon, and Iran's Quds Force, known for its extensive funding and collaboration with Hezbollah.
Know Your Bitcoin Address: Differences between Legacy, Nested SegWit and Native SegWit formats
There are currently three types of Bitcoin address formats: Legacy, Nested SegWit and Native SegWit. Do you know the difference between the three formats?
JPMorgan Partners with DBS Group and Temasek to Develop Blockchain-Powered Trade Platform
JPMorgan has partnered with DBS Group Holdings and Singapore-based investment company Temasek to create a blockchain-enabled foreign exchange platform.
NexChange Interview Series: Dr. Patrice Poujol, Part 1
Dr. Patrice Poujol is an EnTech research expert and a film practitioner. He has 8-year experience in the financial sector and movie finance and 12-year experience as a creative consultant and producer in the movie industry. In 2018, he obtained the first PhD worldwide on the integration of blockchain technology in Creative Media (CityU Hong Kong) through an academic exchange with UCLA and a participation in the MEFTI programme organised by MIT.
ESPN and Autograph Sign First Multi-year NFT Deal
Multinational multimedia sports entertainment brand ESPN Inc. and Tom Brady-founded Web3 brand Autograph signed their first multi-year NFT agreement on Wednesday.
FCH Network Develops the Next-Generation Blockchain Alternative to Solve Current Problems of DLT
Since 2008 when the Bitcoin blockchain was founded by Satoshi Nakamoto, the distributed ledger technology has undergone comprehensive progress. Most significantly, the establishment of smart contracts to the Ethereum blockchain created an entirely new technological setting. But most of these development efforts face significant roadblocks that limit wide applications of blockchain technology in various industries. With this regard, FCH develops the next-generation blockchain alternative to fix current issues of the distributed ledger technology.
Combating Deforestation with Blockchain in Africa: Everything You Need to Know
Have you ever thought of how blockchain can fight deforestation? Surprisingly, this application works. MIPAD startup demonstrates how blockchain is useful in tackling the deforestation crisis in Africa.
First Crypto MasterCard CoinJar Card Launches in Australia
Australian cryptocurrency exchange CoinJar cooperated with the global payment giant MasterCard to launch Australia's first cryptocurrency MasterCard CoinJar Card.
More Crypto Firm Tenants Settle in Hong Kong Central CBD Offices
Hong Kong Land Holdings Ltd announced Wednesday that the real estate firm has signed a lease contract with a crypto firm, embracing the first crypto company to use their offices in the city's cbd.
Argo Shares Plunges 72% After Fundraising Fails to Go Through
Shares of Bitcoin miner Argo fell 72% on Monday after a strategic investor failed to participate in the company's fundraising event
Bank of Korea Completes 2nd Phase of CBDC Simulation Test
The Bank of Korea said that it has completed a 10-month CBDC simulation experiment research work on the 10-month central bank digital currency.
Chiliz (CHZ) Chain Announces Tokenomics 2.0 with Inflation Model and Burn Mechanism
Chiliz Chain introduces Tokenomics 2.0, enhancing utility and blockchain longevity with an 8.80% base rate and token burn mechanism, aiming for a minimum annual yield of 5.72% APY.
Kava Launches Liquid Staking With Successful Mainnet Upgrade
The Kava Network, an open-source, EVM and Cosmos IBC compatible, Layer-1 blockchain ecosystem, successfully implemented its Kava 11 mainnet upgrade on October 26th.
RISC Zero Announces Open Sourcing of Key Technological Innovations
RISC Zero's latest announcement reinforces open-source development ethos and vision for a secure digital world, transforming zero-knowledge cryptography and blockchain technology, enabling developers to create unprecedented solutions.
Binance to Consider Buying Banks with $1 Billion , CEO CZ Discloses
Binance is considering buying banks with $ 1 billion to bridge the gap between the worlds of traditional finance and cryptocurrency, founder and CEO Changpeng Zhao said in an interview with Bloomberg.
Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’
Taking a page from North Korea, Venezuela is looking to skirt U.S. sanctions by using crypto. According to Bloomberg, Venezuelan President Nicolas Maduro announced a crypto payment method that they will activate “very soon.”
Bitwells Exchange Launches 777 BTC Giveaway for Derivatives Traders
Bitwells, the leading crypto derivatives exchange, has launched a 100% deposit match for new signups. The programme will reward traders who deposit up to 10 BTC with a corresponding bonus amount. A total of 777 BTC has been set aside in a funding pool and allocated for the promotion.
South African Exchange VALR Raises $50M Series B, Embrace the Largest Funding Round in Africa
Johannesburg, South Africa-based crypto exchange VALR, has secured a $50 million (over 750 million Rand) Series B round led by Pantera Capital.
Bank of Japan Testing Digital Yen CBDC
The Bank of Japan (BoJ) has just announced that it will begin experimenting with a Digital Yen, its own Central Bank Digital Currency (CBDC) to test its technical application and feasibility.
Bitcoin Ordinals Create Stir Within Crypto Community
Luxor CEO Nick Hansen stated Bitcoin Ordinals might produce "synergies" between the mining pool and OridinalHub.
Caitlin Long's Avanti Crypto Bank Raises $5 Million Funding Round, Inches Closer to Banking Charter Approval
Avanti Financial Group, the crypto-focused bank, led by the Caitlin Long University of Wyoming Alumna, has taken another important step towards becoming a chartered crypto bank in the country. Caitlin Long is the founder and CEO of Avanti bank. The crypto bank has raised an angel round worth $5 million from several popular investors in cryptocurrency. The University of Wyoming Foundation led the funding round with partnerships from Malex Enterprises, Lemniscap, Antony Pompliano, Morgan Creek Digital, Blockchain Capital, Madison Paige Ventures, Gary Gigot, Digital Currency Group, Susan B. Anthony, and many others.
Visa's Head of Crypto Products Leaves Visa to Pursue Personal Payments Startup
Daniel Mottice, head of crypto products at payment giant Visa, announced his decision to leave Visa on Wednesday.
ZipmexX Suspends Withdrawals, Citing Celsius and Babel Risk Exposure
Asia's leading digital asset exchange ZipmexX has suspended users' cryptocurrency withdrawals, citing the move as the exchange's assets could be swallowed up by the financial crisis facing the Celsius Network and cryptocurrency lender Babel Finance.
AI-Driven "Audio-Jacking": IBM Uncovers New Cybersecurity Threat
IBM Security researchers have identified a new cybersecurity threat called "audio-jacking," where AI can manipulate live conversations with deepfake voices, raising concerns about financial fraud and misinformation.
Fed Chairman Powell Says Central Bank Digital Currency Would Need to Coexist with Traditional Cash
While speaking at a virtual payments conference hosted by the Basel Committee on banking supervision, Federal Reserve Chairman Jerome Powell said that central bank digital currencies would need to be complementary to physical cash.
Kaspersky’s Expert Take on KYC and AML: Stock vs Crypto Exchanges
In Part 2 of our interview, Yeo Siang Tiong, General Manager for Southeast Asia, Kaspersky shared how Kaspersky provides cybersecurity solutions for stock and crypto exchanges to address KYC and AML concerns. He also walked us through the Kaspersky Application Security Assessment and explained its significance in safeguarding assets in crypto exchanges.
Japan Asks Crypto Exchanges to Cancel Russian Sanction Related Transactions
Following concerns from the G7 nations, Japan has requested crypto exchanges to suspend transactions of crypto assets that are subject to asset-freeze sanctions against Russia and Belarus, Reuters reported.
Bitcoin Falls as Crypto Market Crashes Again
Crypto markets recoiled Wednesday with most major cryptocurrencies spending much of the day in the red. Lending arm of Genesis Global Trading temporarily suspended redemptions and new loan originations. Bitcoin down 1.4%, Ether down 3.7%, CEL, UNI, and FTX off more than 5%. Genesis Global Capital (DCG) has temporarily suspended redemptions and new loan originations in the wake of the FTX collapse. DCG's announcement is the latest entanglement to FTX's liquidity crisis and subsequent filing for bankruptcy protection last week.
The Federal Council of Switzerland Opts For Better and Fair Blockchain Regulations
The Federal Council of Switzerland has opted for better and fair regulations for blockchain and distributed ledger technology (DLT) in the country, which is believed will minimize risk, increase legal certainty and abort blockages, which will prevent the possible applications of blockchain/distributed ledger technology.
Cardano (ADA) and NEM(XEM) Price Analysis – March 10,2021
Despite the crypto market being generally bullish at the moment, altcoins have differed in their performances. Cardano (ADA) and NEM (XEM) for example, have had completely different trajectories.
Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs
In the recent conversation with CoinMarketCap, Proof-of-Stake Founder Sunny King revealed how his crypto journey is inspired by Steve Jobs and Elon Musk! He also debunked the myth that energy consumption contributes to the intrinsic value of cryptocurrencies.
Ethereum Suffers from Chain Splits Due to Technical Issue, over 54% Network Affected
Ethereum largest client has suffered a chain split in which some miners are cut off from the main network
10,000 Ukrainian Flags Minted as NFTs to be Sold on The Sandbox
In a recent move, up to 10,000 Ukrainian flags, modelled as Non-Fungible Tokens (NFTs), are up for sale on the Mauer website.
Google Cloud Says Running Validator on Solana Blockchain
Google Cloud is running a validator on the Solana blockchain. The validator will soon add new features that will allow integration for Solana (SOL) developers and node runners.
Polkadot(DOT) Price Analysis – Feb 23,2021
Over the last 24 hours, DOT has dropped by 21.73% and is trading at $29.92 at the time of writing. What's next for DOT?
Global Energy Sector: Blockchain Application to hit $6.29 Billion by 2024
BIS Research has presented a new market intelligence report dubbed ‘Global Blockchain in Energy Market - Analysis and Forecast, 2018-2024.’ It reveals that blockchain application in the energy market was worth $518.6 million in 2018 and its value will reach $6.29 billion in 2024.
Nigeria's Foreign Investment and Crypto Adoption Dilemma
Foreign direct investment (FDI) in Nigeria fell by 33% in 2021 due to a shortage of dollars, which has also discouraged foreign crypto investment. Despite the exponential growth of crypto adoption in Nigeria, with active adult traders and high usage rates, the country has a problem attracting foreign investors.
Arbitrum DAO Approves Additional Funding for STIP Proposals
Arbitrum Decentralized Autonomous Organization approves $23.4 million budget increase for STIP, supporting emerging builders and creating welcoming environment for new projects, raising total budget to 71.4 million ARB tokens.
Twitter CEO: Bitcoin is a Prime “Currency of the Internet” Candidate
The founder and CEO of Twitter, Jack Dorsey has said that he has not considered creating a native coin for his own social media platforms like the Libra which Facebook had expressed intentions of unveiling as a "new global currency" in June targeting a launch in Q1 of the year 2020.
Exclusive: Why is Everipedia Built on EOS, not on Ethereum?
Wikipedia Co-Founder Larry Sanger is happy to embrace the changes in the online encyclopedia with blockchain. Joined in Everipedia as Chief Information Officer (CIO) Dec 2017, Larry shares to our readers why Everipedia is built on EOS instead of Ethereum! He also mentioned 4 advantages of blockchain on the encyclopedia, yet efficiencies are not the main advantage!
Metacade's Community-Driven GameFi Platform Raises Over $10M in Presale
Play-to-earn favorite Metacade continues to draw investor attention after raising more than $10m, as it now enters the penultimate stage of the presale. With confirmed listings on Bitmart and Uniswap due after the presale ends on the 30th of March, there are only 16 days left before the token goes public.
TMRW DUBAI ANNOUNCES ITS PROGRAM AND REVEALS MORE SPEAKERS
After last year’s epic premier edition in Belgrade, TMRW conference powered by 2142, the largest emerging tech event, is set to make a sensational debut in Dubai, from February 8th till 10th 2023 at Dubai Festival City.
117 Smuggled Crypto Mining Machines Seized by Iranian Police
The Iranian provincial police had apprehended an individual who was said to be smuggling in cryptocurrency mining machines. This was reported by the local news agency Fars News, on July 31.
Microsoft Develops Secret AI Chips to Reduce Development Costs
Microsoft has been developing its own AI chips since 2019 to reduce reliance on Nvidia’s GPUs due to rising costs. The project, called “Athena,” is already being tested by Microsoft’s machine-learning staff and OpenAI developers.
Accenture Partners with R3 and SAP to Improve Settlement Systems by Using Blockchain
Consultancy firm Accenture has partnered with blockchain technology firm R3 and multinational software firm SAP to produce a prototype that uses distributed ledger technology to allow real-time gross settlements.
Bosch and Fetch.ai to Create Foundation to Fund Development of Web3
Bosch establishes Fetch.ai Foundation and commits $100 million in funding to create Web3, AI, and IoT products.
CFTC Sues Ohio Resident Rathnakishore Giri Fraudster Involving in a $12M Ponzi Scheme
The U.S. Commodity Futures Trading Commission (CFTC) has charged Ohio resident cryptocurrency scammer Rathnakishore Giri and his company with illegally defrauding up to $12 million in a Ponzi-like scheme.
Marathon Digital and Zero Two Partner for Abu Dhabi Bitcoin-Mining Facility
Marathon Digital Holdings and Zero Two have partnered to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi. The joint venture, based in Mina Zayed and Masdar City, will comprise two mining sites with a combined 250-megawatt capacity. Marathon and Zero Two plan to power the facilities with excess energy from Abu Dhabi’s grid.
Optimism (OP) Conducts Private Sale of 19.5M OP Tokens
Optimism Foundation announces a private sale of 19.5 million OP tokens, initiating a two-year lockup period for governance participation, amid a positive market trajectory.
Zilliqa declares the establishment of the Zilliqa Group.
Zilliqa Research Pte. Ltd. has formed the Zilliqa Group, a conglomerate focusing on Web3 and blockchain-based products, including gaming and decentralized finance, with a restructured board overseeing the transition.
InfiniteWorld Attains Super Bit Machine for Best-In-Class Gaming, Web3 Experiences
Web3 and metaverse infrastructure firm InfiniteWorld has acquired Super Bit Machine to provide best-in-class experiences in the metaverse world by incorporating multiplayer and real-time game development abilities.
What is Chatgot? Everything You Should Know
Chatgot is an AI-powered communication tool that improves digital interactions, enhancing customer service, e-commerce, and personal assistance. Its effectiveness is measured by user experience and security, with future developments focusing on AI algorithms and user expectations.
IBM Takes Majority Control of Hyperledger Blockchain Steering Board
IBM has doubled the number of its employees on the technical steering committee (TSC) of Hyperledger according to an announcement by the TSC last week. IBM now holds six out of the eleven committee seats which has raised concerns about the tech giant’s new found influence on the enterprise blockchain consortium.
Chainlink Is Rallying Bullishly, Up 15% in The Last 7 Hours
New data by on-chain metrics provider Santiment reveals that Chainlink (LINK) is back to its winning ways because it is up by nearly 15% in the last 7 hours.
Two Suspects Uncovered by Binance in Connection to KyberSwap Frontend Attack
Binance might have successfully uncovered the brains behind the KyberSwap frontend hack, which was perpetrated last Thursday.
Crypto.com to Integrate with Google Pay
Cryptocurrency exchange Crypto.com announced that it will add Google Pay for Android users to buy crypto assets on its exchange.
Animoca Brands Reports US$402 Million Bookings for 2022
Animoca Brands, a leading digital entertainment and blockchain technology company, reported strong financial performance in 2022, with bookings reaching A$594 million and a strong liquidity position, despite expanding its business portfolio.
HKD.com Announces M+A with Technicorum Holdings, Creating $100m Valuation in Singapore
Hong Kong Digital Asset Exchange Limited (HKD.com), a leading digital asset exchange in Hong Kong, today announced that the company has entered a joint strategic partnership and merger and acquisition with Technicorum Holdings (www.technicorum.com), diving further into the $163 billion annual global blockchain market.
TRON Welcomes NFT Collectors into the MegaCryptoPolis Metaverse
It’s no secret that TRON has been eyeing a foray into NFTs and digital collectibles for some time; only last week, Justin Sun was pipped to the punch to purchase Beeple’s NFT art collection at Christie’s. The TRON founder placed a last-minute bid that fell just short of the $69 million the work eventually went for.
Public Companies Now Hold Almost $7 Billion Worth Of Bitcoin
At the time of writing, there is almost $7 billion of Bitcoin currently held by 13 publicly listed companies, notably MicroStrategy, Square, Galaxy Digital and Grayscale.
Only1 Launches First Web3.0 Social NFT Platform Built on Solana
Only1, a decentralized web3 social platform, is set to revolutionize how consumers use the social media landscape. Only1 pivots into a creator economy solution to eliminate intermediaries and allow creators to monetise their content easily.
GameFi Industry Expected to Reach $2.8B by 2028
A study shows the growth and adoption of the crypto GameFi business are expected to make the game-earning NFT gaming industry reach $2.8 billion by 2028.
Leading Asian Fintech Company WeLab Completes the Largest Ever Fintech Fundraising in China
Leading fintech company, WeLab announced on Dec. 12 that it has raised US$156 million in Series C of strategic financing, becoming the largest fintech fundraising in China so far. WeLab was one of the first virtual banks established in Hong Kong, after receiving a virtual banking license from Hong Kong’s de facto central bank, the Hong Kong Monetary Authority (HKMA) in April 2019.
China’s Central Bank Reveals First Cohort of its FinTech Regulatory Sandbox Pilot
The Chinese central bank’s Shanghai headquarters has recently revealed the Shanghai FinTech Innovation regulatory sandbox application list. The People’s Bank of China’s (PBoC) Shanghai branch is currently soliciting opinions from the public on eight applications to be included in the FinTech innovation supervision pilot.
Infosys Stock Reacts to $1.5 Billion AI Contract Termination with 2.5% Drop
Infosys' $1.5B AI deal termination leads to a 2.5% stock price drop, signaling changes in IT sector demands and budgets.
a16Z to Establish Crypto Research Lab
Wallet Street Venture Capital firm, Andreessen Horowitz (a16Z) established its own crypto research lab to conduct blockchain-related academic research.
Tennis Star Naomi Osaka Becomes FTX's Global Ambassador
Four-time tennis grand slam singles champion Naomi Osaka becomes FTX's global ambassador, becoming one of the first major female professional athletes to partner with FTX.
Crypto.com Receives Regulatory Approval from Cyprus Securities and Exchange Commission (CySEC)
Cyprus, July 22, 2022 - Crypto.com, the world’s fastest growing cryptocurrency platform, announced today that it has received regulatory approval from the Cyprus Securities and Exchange Commission (CySEC). This approval will enable Crypto.com to offer a suite of products and services to customers in Cyprus in compliance with local regulations.
South Korean Telecom Operator SK Telecom to Develop Web3 Wallet
SK Telecom cooperates with AhnLab Blockchain Company (ABC) and blockchain company Atomix Lab to develop a Web3 digital asset.
Citi Partners with World Bank on Euroclear's DLT Platform for Digitally Native Note Issuance
Citi's Issuer Services acted as the Issuing and Paying Agent for the first Digitally Native Note (DNN) issuance via Euroclear's D-FMI distributed ledger technology platform, marking a significant step in digital bond issuance and showcasing a scalable model for blockchain integration within existing capital market structures.
Mango Markets DEX Raises $70M through MNGO Tokens Sale
Mango Markets decentralized exchange (DEX) has raised around $70 million through its MNGO tokens sale.
It is not just Liquidity, Huobi on Two Fair Metrics to Rank Crypto Exchanges
Ciara Sun, Head of Global Business Development & Partnerships at Huobi Group, has a wealth of experience in financial analysis, strategic consulting and corporate management from her previous roles with prestigious enterprises such as Boston Consulting Group, Deloitte Consulting and Ernst & Young. Sun sat down with Blockchain.News at the Blockshow Asia 2019 to discuss Huobi’s rising profile, China’s decentralized economy and what she considers fair metrics for ranking exchanges.
Chinese Telecommunications Giant ZTE Collaborates with China Mobile to Publish Blockchain and Edge Computing White Paper
Chinese multinational telecommunications giant ZTE has partnered with China Mobile, along with the Chinese Ministry of Industry and Information Technology Laboratory, and Peking University to publish a “blockchain and edge computing whitepaper.”
Ethereum and EOS Blockchain Used by Associated Press to Publish US Presidential Election Results
Associated Press (AP) has used Ethereum and EOS blockchains to publish voting results for the United States Presidential Election.
The Sale of Perth Glory FC Seems Dead in the Water Based on the Crypto Firm’s Dark Past
The proposed sale of Perth Glory FC, an Australian soccer club, has been thrown into disarray following allegations that the potential buyers have an ongoing fraudulent misrepresentation case in the UK High Court. The claims point out that London Football Exchange (LFE), a London-based cryptocurrency company, and its owner Jim Aylward were facing a $2.2 million USD lawsuit brought forth by a Turkmenistan oil trader.
PayPal CEO: "The Time is Now" For Bitcoin To Go Mainstream
PayPal CEO Dan Schulman believes the time for cryptocurrencies like Bitcoin to go mainstream is here, he is bullish on the future potential of digital currency,
Dogecoin: Not All Cryptos Are Created Equal
What do Elon Musk, Snoop Dogg, and Gene Simmons have in common? They've all come out as proponents of Dogecoin, the one-time joke cryptocurrency. While Doge might be spiking, it's important to remember that no all cryptos are created equal.
Microstrategy CEO Reveals BTC Purchase is Corporate Strategy to Adopt Bitcoin Standard
CEO Michael Saylor revealed that MicroStrategy’s $425 million Bitcoin investment was part of its corporate 100-year outlook and strategy to adopt the Bitcoin Standard.
Mongolia’s Oldest Bank Will Soon Offer Comprehensive Crypto Services
Mongolia’s Trade & Development Bank (TDB Bank), one of the oldest and largest banks in the nation, has announced plans to enter the crypto space.
Texas City Fort Worth Becomes First Government to Mine Bitcoin in the US
Fort Worth, a City in Texas State, announced Tuesday to become the first city government to mine Bitcoin in the United States.
Crypto Miner Bitdeer Buys Storage Facility Le Freeport for $28M
Crypto miner Bitdeer spent about $28.4 million in July to acquire Le Freeport, the highest-security storage facility in Singapore.
Blockchain Security Startup BlockSec Pulls $8m in Seed+ Funding Round
Blockchain security startup, BlockSec has announced it has completed a new seed plus funding round where it pulled the sum of $8 million from top investors.
Voyager reportedly sells assets on Coinbase exchange
Lookonchain showed Voyager using 23 tokens worth over $100 million.
Crypto Ads to Pop up in Super Bowl
Cryptocurrencies may dominate this Super Bowl ad and emerge as the winner. Coinbase, FTX, Crypto. com, Bitbuy will all be involved during Super Bowl ads.
Binance Clarifies Users Assets Safe on Accounting System Vulnerability Incident
Binance clarified that the "Binance Accounting System Vulnerability" incident occurred on Binance.US only, and Binance.com found no related problems, emphasising that user assets are safe.
Ethereum Classic (ETC) Price Analysis - April 7, 2021
Ethereum Classic (ETC) has experienced a substantial price increase of 55.52% in the past week. Currently, ETC is suffering from strong selling Pressure.
Hacker Steals $1m from Multi-Chain Crypto Wallet BitKeep
BitKeep was robbed of $1 million in crypto tokens. The users who were robbed had approved their tokens on BitKeep's swap service - called a swap router - on the BNB Chain and Polygon.
Crypto Exchange Bitso Lays off Over 10% Employees
South American trading platform Bitso announced the decision to lay off 80 employees in consideration of its long-term business strategy.
UNI, LINK, VET Price Analysis-March 9,2021
With Bitcoin breaking above its psychological barrier of 54K, altcoins have also rallied higher. Here is a more in-depth look at what's in store for Uniswap (UNI), Chainlink (LINK), and VeChain (VET) this week.
Metaverse Technology Company Peer Inc. Partners with Fresh Consulting to Bring the AR Metaverse to Market
Peer Inc., a metaverse technology company, has entered a new partnership with Seattle-based innovation agency Fresh Consulting. Peer will be working with Fresh to deliver on its vision of a gamified digital layer on top of the world, and support its mission to bring people and content into the metaverse. Fresh will provide an elite team of engineers, developers, designers, and strategists who build innovative end-to-end solutions for some of the world’s largest tech companies.
Oasys Gaming Protocol Unveils Plans for Mainnet Launch in Three Phases
Oasys gaming protocol has unveiled the three phases for its mainnet launch
Goldman CEO "Big Believer" in Blockchain
David Solomon, the Chief Executive Officer of Goldman Sachs, has said he is a big believer in the technology that underpins cryptocurrencies.
InvestHK Reveals Details of Virtual StartmeupHK Festival 2021
Invest Hong Kong is the department of the Hong Kong Special Administrative Region Government responsible for attracting foreign direct investment and supporting overseas and Mainland businesses to set up or expand in Hong Kong.
Blockchain Identity Management Market to Hit $17.81B by 2030
The urge for digitization is expected to push the blockchain identity management market to $17.81 billion by 2030, according to a report by Market Research Future (MRFR).
US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling
The US Securities and Exchange Commission (SEC) has rejected yet another bid for a bitcoin-based exchange-traded fund (ETF), this time from New York-based Wilshire Phoenix.
Solana to Replace Ethereum in Blockchain Gaming, Paradox Studios Founder Says
Compared to Ethereum’s Solidity language when developing play-to-earn (P2E) games, the ease of use of Solana’s building language- Rust will give Solana a competitive edge, according to AmioTalio.
Binance Launches New Virtual Crypto Debit Card Issued by Visa, with Physical Version to be Rolled Out Shortly
Leading crypto exchange Binance announced the launch of its new product 'Binance Card' which aims to provide crypto payment services anywhere in the world.
Virtual Assets Investment Opens Opportunity to H.K. Residents, While Adrian Cheng Invests in Sandbox
As residents in Hong Kong struggle to purchase physical property, The Sandbox's virtual assets could be a lucrative investment opportunity for many.
Crypto Leaders' Stance on DCCPA Bill Polarised, Not Everyone Buying It
After much criticism following his support of the uploaded DCCPA bill, FTX CEO Sam Bankman-Fried has again taken to Twitter to explain further on the bill.
Crypto Alert: Revolutionary DGT Token Community Presale
Tallinn, Estonia, 8 January 2021 DGBLabs OÜ, announces it Community Presale of the DataGrid Token (DGT) for 22nd- 26th January offering a 5% bonus, which is reduced 1% a each day during the sale, on a minimum of one quarter ETH at the price of $.005. Higher Bonus levels available for purchases over 80 ETH. Participants will be required to complete WhiteListing on Blockpass prior to the sale date.
Robinhood's Crypto Wallet Goes Live, Allowing Crypto Withdrawals for First 1,000 Users
Robinhood’s crypto wallet is officially live, allowing the first 1,000 users to make crypto withdrawals.
StanChart and UnionBank of the Philippines Collaborate on PoC of $187 Million Blockchain-Powered Bond
The UnionBank of the Philippines and Standard Chartered have created a proof of concept required in the issuance of a blockchain-powered retail bond.
Walmart Installing Bitcoin ATMs in its Retail Stores
Some Walmart customers are now able to purchase Bitcoin in its stores. Walmart's spokesperson said serval pilot tests conducted by Coinstar started earlier this month, including 200 kiosks in Walmart stores.
1INCH Sets New All-Time High as Token Launches on Coinbase Pro
With the decentralized finance boom, many projects have emerged in the DeFi market. 1INCH stands out among them.
Blockchain Tech Expected to Facilitate Logistics Market Growth to $71.96B by 2026
Blockchain technology is expected to be a major trend fueling the logistics market growth, according to a report by Technavio, a global technology research and advisory company.
FTC Settles with Voyager Digital Over Misleading FDIC Claims, Former CEO Charged
The FTC settles with Voyager Digital, barring it from handling consumer assets post allegations of misleading FDIC insurance claims. The settlement highlights regulatory efforts to ensure transparency in the crypto industry amid a broader crackdown on deceptive practices.
TOFU: How AI Can Forget Your Privacy Data
TOFU, a AI model, tackles the challenge of machine unlearning, aiming to make AI systems forget specific, unwanted data while retaining overall knowledge.
CortexDAO Listed on MEXC Global
CortexDAO, a DeFi index platform, announced today it has listed its CXD token on the MEXC Exchange. CXD is now available in a USDT trading pair to MEXC’s over 6 million users, with the launch of CortexDAO’s Convex Index right around the corner.
Greenidge Secures $100m Fund, Aims to Enlarge Operations in U.S.
Greenidge Generation Holdings has secured $100 million in funds to help in enlarging its operations in the US.
UAE’s Ministry of Health and Prevention Instigates First-Ever Blockchain Network
The Ministry of Health and Prevention in the UAE has launched a blockchain-based system aiming to boost productivity among health practitioners by reducing time and costs.
US Business Giants Bet Big on Generative AI Despite Data Security Concerns
Nearly all US companies with revenues over $1B are set to invest in generative AI, eyeing major ROI while weighing risks like data security and workforce readiness.
Binance Rolls Out Crypto Education Tour in 5 French-Speaking African Nations
To propel blockchain adoption and financial accessibility on African soil, crypto exchange Binance has launched a crypto education tour in five french-speaking countries.
South Korea Passes Comprehensive Law Officially Legalizing Cryptocurrency Trading And Holding
A day after India’s Supreme Court lifted the ban on cryptocurrencies, South Korea has followed in their footsteps as the nation’s National Assembly has amended the Act on Reporting and Use of Specific Financial Information. This move fully legalizes cryptocurrencies in South Korea.
Hex Trust Announces Integration of Polkadot Blockchain Network
Hong Kong-based digital asset custody provider Hex Trust announced the integration of Polkadot blockchain network into Hex Safe.
Philippines Spearheads ASEAN AI Regulatory Framework
Philippines' Congress Speaker Martin Romualdez plans to introduce an AI regulatory framework to ASEAN during its chairmanship in 2026, focusing on digitization, cybersecurity, and managing generative AI in economic policies.
Telegram to Launch TON Network Later This Month
Telegram Open Network (TON) announced that the original investors had been informed that the blockchain network would launch in late October.
5G Wireless Network Helium Proposes Migration to Solana Blockchain
Decentralized peer-to-peer (P2P) 5G wireless network Helium is proposing to migrate its own network, officially known as HIP 70, to Solana in search of more efficient operations.
US won't Follow China’s Ban on Crypto and ‘Up to Congress’: SEC Chairman Gary Gensler
At a hearing held on Tuesday, Gary Gensler, chairman of the US Securities and Exchange Commission, said that the United States will not follow China's ban on cryptocurrencies.
BNB Smart Chain's Remarkable 85% Security Triumph in 2023
BNB Smart Chain's security enhancements in 2023 led to an 85% reduction in financial losses from security incidents, a striking contrast to the previous year's $1.1 billion losses.
Hong Kong Embraces Virtual Asset Spot ETFs
Hong Kong is set to become the first market in Asia to allow Virtual Asset Spot ETFs, with around ten fund companies preparing for launch. This move signifies a major shift in the region's approach to virtual assets.
India’s Apex Court Postpones Cryptocurrencies Ban Hearing to November
Back in April 2018, the Reserve Bank of India released a press release prohibiting banks from providing financial services to individuals and corporate bodies dealing in cryptocurrencies. This move by the Reserve Bank of India has received many criticisms from several individuals and the High Court of Delhi as the ban clearly violates the constitution.
Trump Signs TikTok Executive Order and Seeks to Clean the Free World's Networks of China State Tech Espionage
United States President Trump has issued two executive orders against Chinese social media apps TikTok and WeChat, which are suspected of sharing US citizens’ data with the Chinese Communist Party.
Blockchain: Everything You Need to Know
Blockchain, the underlying technology of bitcoin, was once just a buzzword but is now an irreversible trend that has the potential to reshape human society.
EigenLayer Restaking Protocol Launches on Ethereum Mainnet, Unlocking Delegation and Security Expansion
EigenLayer, an Ethereum restaking protocol, has launched, enabling restakers to delegate stakes to operators, promoting decentralized innovation and lowering entry barriers for new blockchain projects.
Sortium Blockchain Studio Launches 1st 3D Living NFT "Kymera"
Web3 technology provider Sortium Blockchain Studio has launched the first 3D living NFT called "Kymera" based on-chain DNA.
Lightning Labs and Tari Labs agree to halt Taro protocol development
Lightning Labs and Tari Labs agreed to halt the development of the Taro protocol, after a temporary restraining order was converted into a preliminary injunction by the courts. The order was issued due to Tari Labs' claims that the name Taro infringed on its trademark rights. Lightning Labs is now unable to update or announce any milestones of the protocol until a court decision is reached.
American Premium Water Corporation Acquires Crypto Mining Company CloudX
American Premium Water Corporation announced the acquisition of cryptocurrency mining and staking company CloudXchange DataCentre Inc. (“CloudX”) for $45.6 million.
Bitcoin Price Bull Run Intact Despite $1700 Price Dive on Sunday
The Bitcoin price went on a wild ride over the weekend, the bulls pushing the Bitcoin price up to $12,100, before the world’s biggest cryptocurrency plunged back to $10,640 within a matter of minutes.
Singapore FinTech Association Enabling the Shift Towards Innovation & Entrepreneurship in Southeast Asia
The Singapore FinTech Association (SFA) was founded in November 2016 by the founding president, Chia Hock Lai. The association is a cross-industry nonprofit initiative, aiming to facilitate collaboration in the ecosystem between market participants and stakeholders in the FinTech industry. Blockchain.News interviewed Chia Hock Lai to find out more about the leading association in Singapore.
Ansible Labs Completes $7M Seed Funding Led by Archetype
Blockchain payments platform Ansible Labs on Wednesday announced the completion of a $7 million seed round of funding led by crypto venture capital firm Archetype.
G20 Leaders Demand Digital Tax By End of 2020, US Minister Maintains Current Proposal is Discriminatory
The Group of 20 met in Riyadh last weekend with senior officials expressing alarm at the delay in plans to implement new digital taxes on American technology companies. The New York Times reported on Feb 22, that after two years of economic fallout from a trade war, leaders of the G20 feel that if a deal is not made in the coming months, European countries will begin collecting levies on the US tech giants, which could lead to US retaliation.
NFT OASIS Receives $4.4M in Financing to Integrate DeFi and VR for NFT Creators
California-based NFT decentralized platform NFT Oasis announced that it has received the first round of funding from $4.4M, aiming to combine VR and DeFi to art creators with more creative freedom, commercial control, and financial success.
CoinShares to Acquire the ETF Index of Elwood Technologies, Owned by Ellen Howard for $17M
Elwood Technologies, a cryptocurrency company of hedge fund giant Allen Howard, sold its ETF index to CoinShares for $17 million.
Grayscale Investments Opens Trading for Grayscale Bitcoin Cash and Litecoin Trusts
Grayscale Investments, the world’s largest digital currency asset manager has opened public trading for two prominent altcoins, Bitcoin Cash and Litecoin.
OpenAI’s Robotic Hand Can Now Solve a Rubik’s Cube One-Handed
OpenAI, the San Francisco-based artificial intelligence research organization, has hit a new milestone this week.
Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors
Hong Kong retail traders may be prohibited from trading cryptocurrencies if the city’s Financial Services and the Treasury Bureau’s proposed rule is approved.
Singapore Regulator MAS is Exploring Use of Cases in Digital Assets
The Monetary Authority of Singapore (MAS) has launched Project Guardian, a sandbox initiative that is set to explore a number of defined use cases with respect to asset tokenization on the blockchain.
Crypto Art Sales are Soaring as Non-Fungible Token (NFT) Market Gains Traction
Crypto art being bought and sold as ERC-721 non-fungible tokens (NFT) has been making headlines based on the record-breaking sales being witnessed.
Argentina Adopts Blockchain Technology for Traceability in the Citrus Industry
The citrus supply chain is one of the most fragmented and complex of all supply chains. The production is found all over the world, thus making several intermediaries and producers difficult to identify and trace. The Argentine Citrus Federation (Federcitrus) incorporated blockchain into the agency’s informatics system to provide traceability of fruit export products.
Netherlands CBD Producers Harness Blockchain Technology for Enhanced Traceability
A consortium of Netherlands CBD producers called the Cannabinoid Association of the Netherlands (CAN) is leveraging blockchain technology to enhance traceability, accountability, and transparency in the CBD market.
Stellar (XLM) Development Foundation Delays Protocol 20 Upgrade Due to Core Bug
The Stellar Development Foundation has postponed the vote on Protocol 20, initially set for January 30, following the discovery of a bug in Stellar Core v20.1.0. The decision was made to ensure ecosystem readiness and broad consensus, with the new vote date to be determined after the bug fix release, expected within the next two weeks.
Celebrity Kim Kardashian West Posts a Crypto Related Paid Story on Instagram
Celebrity Kim Kardashian West posted an Ethereum Max project on her Instagram story with 228 million followers, who might earn between $300,000 and $500,000 by a single posting on her Instagram account.
Celestia's Core Values: Bridging Off-chain Governance with User-centric Network
Mustafa Al-Bassam delineates five core values for Celestia's social layer aimed at enhancing trust-minimization and user-centric network functionalities. These values include the primacy of off-chain governance, user elevation, credible neutrality towards execution environments, economic sustainability, and minimizing overhead and state bloat. The discourse provides a profound insight into Celestia's commitment to fostering a user-driven, trust-minimized blockchain network.
Peertec Joins Hands with Penta Security for Blockchain-Enabled Infrastructural Security
Peertec, a leading blockchain-focused fintech firm, has revealed its strategic collaboration with Penta Security, a highly valued web and data security company. The partnership is expected to boost Peertec’s infrastructure security using blockchain technology. The safety of its GDAC cryptocurrency exchange and services is also expected to be strengthened.
Trump's National Security Council Sees DLT as Critical Weapon in US-China Tech War
The United States National Security Council has named distributed ledger technology (DLT) as one the most critical focus areas in its tech war with China and Russia.
Elon Musk Criticizes Bitcoin Mining for Being Highly Centralized in China, Hinting that Tesla May Dump Bitcoin
Elon Musk’s tweets have served to create headwind for Bitcoin, sending the cryptocurrency on a steep plunge.
Crypto Scams Took in More Than $30 Million in Taiwan in 2019
Blockchain and cryptocurrency investment scams have risen and have reached $900 million New Taiwan dollars ($30 million) in Taiwan last year, according to Gao Hongan, a political figure in the country.
artèQ (ARTEQ) Announces First Centralized Exchange Listing on BitMart
Exciting news for crypto enthusiasts seeking to invest in NFT as an alternative asset class, artèQ token is getting its first listing on CEX. The artèQ NFT Investment Capital today announced its centralized exchange listing on BitMart. artèQ’s native utility token, $ARTEQ, will get listed for trading on BitMart, a leading crypto exchange with millions of users globally. As the first centralized exchange to list artèQ, BitMart lets users trade the ARTEQ/USDT pair. BitMart users can trade cryptocurrency instantly with an advanced security system and user-friendly interface.
Thailand Tightens Crypto Advertising Rules after Crypto Zipmex Bankrupted
Thailand has announced new measures to regulate cryptocurrency advertising in order to protect investors from being misled into buying risky crypto products.
ZetaChain and Curve Finance Collaborate to Revolutionize DeFi with Native BTC Support
ZetaChain and Curve Finance have partnered to introduce native Bitcoin support for cross-chain swaps and omnichain asset pools, enhancing asset management efficiency across blockchains.
Sygnum Bank Becomes the First Bank to Provide ETH 2.0 Pledge Service
The world's first digital asset bank Sygnum Bank announced to be the first bank to accept the pledge of Ethereum 2.0 from its customers.
MintDice Bitcoin Casino—Bringing Trust to the World of Online Gambling
Online gambling is one of the fastest-growing markets in the world since the mass adoption of smartphone technology and increased global internet access. The industry is very divisive however and its opponents cite the high levels of fraudulent sites and scams.
Russian Crypto Startup InDeFi to Launch Ruble Stablecoin following DAI Model
The new stablecoin project has no connection with the Bank of Russia’s digital ruble. The stablecoin will be pegged to ruble fiat currency.
CoinMarketCap Users Says Exchange Rankings Make No Sense
CoinMarketCap is a renowned cryptocurrency and exchange data aggregator. Recently purchased by Binance, the site is currently under fire from users who claim that exchange rankings are being manipulated.
Coca-Cola Vendors Accept Bitcoin in Australia and New Zealand
Amatil, the Coca-Cola company's biggest distributor in Australia and New Zealand has partnered with Centrapay, a payment startup to enable customers to pay with Bitcoin and other digital currencies.
DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?
US government officials want to bypass encryption on websites, under allegations that child sexual exploitation runs unmonitored on strongly encrypted platforms.
Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate
Reebonz, the biggest luxury e-commerce company in Asia Pacific and Southeast Asia, has incorporated blockchain technology into its ecosystem to determine the provenance of its products.
China Updates Smart City Infrastructure with Blockchain-Based City Identification System
China Updates Smart City Infrastructure with Blockchain-Based City Identification System
Virginia Tech Study Reveals Geographic Biases in ChatGPT's Environmental Justice Information
Virginia Tech study reveals ChatGPT's limitations in providing local-specific info on environmental justice, highlighting geographic biases.
BIGG Digital Assets Inc.Releases Q1 Result, Revenue Hits up to $2.5m
Canada-based cryptocurrency company BIGG Digital Assets Inc. announced its financial results for the first quarter of 2022, with total quarterly revenue of $2.5 million.
Chainlink Unveils Constellation: A Grand Hackathon Event
Chainlink announces its largest hackathon, Constellation, from November 8 to December 10, 2023, with a $350,000 prize pool across seven core tracks. This event follows the trajectory of growth from Chainlink's inaugural hackathon in 2020. The hackathon is open to Web3 engineers of all experience levels and covers a broad spectrum of blockchain applications. It not only serves as a competition but a learning platform offering extensive educational resources and technical support to participants.
McDonald's in Swiss Town Accepts Crypto Payments in BTC & USDT
Multinational fast food giant McDonald's accepts Bitcoin and USDT as payment methods in the southern Swiss city of Lugano (Lugano).
No-Kill Animal Organization PAWS Chicago Launches "Dogenations", Accepting Crypto Donations
PAWS Chicago, a large-scale No-Kill animal rescue organization in the Midwestern United States, and Leo Burnett, a creative solutions company, launched a cryptocurrency donation event called "Dogenations".
Japan Concerned About AI Chatbots
A new survey in Japan reveals that 69.4% of the population wants stricter regulation in the development of AI chatbots. This comes as Japanese officials consider integrating AI into their systems.
Bitcoin Regains $25,000 since June, Bearish Tone Remains
The largest cryptocurrency, bitcoin, regained $25,000 since June, with data on Bitstamp’s exchange hitting $25,050, the highest level since June 13.
DeFi Platform Space and Time Pulls $10m in Series A Funding
DeFi startup Space and Time has secured $10 million in a Series A funding round as the firm seeks to develop its one-in-a-kind cryptographic protocol called proof-of-SQL.
Launch of First Blockchain School Sets to Bring New Hope for Rwanda
Rwanda is poised to become the next Silicon Valley of Africa. This is demonstrated by many tech businesses launching their operations in the country. Due to Rwanda’s rapid rise to become Africa’s tech hub, a new blockchain training school intends to set its foot in the country. The establishment of the school is expected to introduce new innovative ways to create new African blockchain technology-based products.
California's Crypto Voters: A Pivot in the 2024 Elections
Coinbase's data indicates that California's 8.2 million crypto owners could significantly influence the 2024 elections, with a strong preference for candidates who support innovative and crypto-friendly policies.
Polkadot Price to Continue its Consolidation with Imminent Breakout
Just like the rest of the entire crypto market, Polkadot has been in a period of consolidation while making attempts to break out from its current levels.
UK FCA Warns of FTX Unauthorised Provision of Financial Services to Investors
The U.K.’s Financial Conduct Authority (FCA) issued a warning on its official website (FCA) that cryptocurrency exchange FTX may be providing financial services or products in the country without authorization.
UK Court Rules Against Craig Wright's Claims of Being Satoshi Nakamoto
A UK judge has ruled that Craig Wright, who claimed to have written the Bitcoin whitepaper, is not the elusive Satoshi Nakamoto.
The ReserveBlock Protocol Launches Mainnet Beta with Web-Wallet for over 2,300 Validators
ReserveBlock RBX, the first open-source decentralized NFT Centric Blockchain that enables true peer-to-peer operability for the validating, minting, and trading of NFTs with or without the need of a centralized authority, announced that the protocol has achieved mainnet beta after seven months of testnet and achieving consistent stability amongst the validators on the network.
Canada should 'plant a flag' in crypto, Says Wealthsimple Co-founder
The head of Crypto and stock trading platform Wealthsimple said the Canadian government should work on growing cryptocurrency and blockchain companies in the country.
Opinion: What Is Driving the ‘Crypto Winter’?
Winter has hung over the crypto industry, with 2.25 trillion lost across the entire market in the past few months alone. What are the underlying reasons we find ourselves in this crypto winter?
Gaming Giant Square Enix Joins Oasys in Developing Blockchain Games
On September 12, Square Enix, a Japanese game development company, announced that it has joined the game blockchain Oasys to jointly explore the feasibility of using user contributions to develop new games on the Oasys blockchain.
Hack VC Closes $150M Fund I, Increases Assets Under Management to $425M
Crypto venture firm Hack VC has closed a $150 million maiden fund, bringing total assets under management to $425 million. Hack VC is a long-time web3 investor, having backed over 100 projects since 2014. The firm remains firmly bullish on web3's future potential and will deploy its new capital to seed critical infrastructure startups.
Wyoming lawmakers pass bill prohibiting courts from forcing disclosure of digital asset
Wyoming, a crypto-friendly state, enacted a measure banning private key disclosure. If Governor Mark Gordon approves, it will take effect July 1.
Bitcoin Accelerates the Development of Renewable Energy for Bitcoin Mining
The use of volcano power to mine Bitcoin (BTC) in El Salvador was propelling the leading cryptocurrency’s quest to accelerate renewable energy development.
Circle Launches Native USDC on Polygon
Circle has natively integrated USDC on the Polygon PoS network, enabling direct access for users and developers. This move phases out the need for bridged USDC.e, providing a more stable and straightforward means for transactions on the network. The development is anticipated to foster numerous use cases, enhancing the overall ecosystem.
Former CEO of Hong Kong Listed Company Joins Worldmoney as Shareholder
Worldmoney Financial Blockchain Co., Ltd, the parent company of Blockchain.News, announced the addition of Mr. Chau Cheuk Wah as company shareholder.
China Establishes First-Ever Blockchain Zone in Central Province of Hunan
The first provincial blockchain zone has been established in China, in the central Chinese province of Hunan. The “Wanbao” blockchain zone is located in the city of Loudi, marking the first blockchain zone in China, according to a local Chinese report.
Paolo Ardoino: Tether Ranks 22nd in US Treasury Holdings, Surpassing Mexico, Australia, and Spain
Tether, the world's leading stablecoin, now holds $72.5 billion in U.S. Treasury bills, despite China's divestment from U.S. debt. Mixed reactions arise, questioning long-term stability in emerging markets.
Mastercard Files for 15 Crypto & Metaverse Related Trademarks
Mastercard has filed for 15 trademarks related to NFTs, crypto and metaverse.
Gold Price Hits New Six-Year High But Fake Bars May Benefit Bitcoin
There seems to be no slowing down behind the sentiments driving the Increase in the price of the precious metal. Recently Goldbug Peter Schiff has been seen to be making headlines on the news, shilling his baby and expressing his admiration for his virtue of hedging against Central Banks.
Regulator Offers Conditional Approval to SoFi Bank, despite Crypto Asset Activities
American online personal finance company Social Finance has obtained conditional approval from the Office of the Comptroller of the Currency to establish SoFi Bank, National Association.
New Bitcoin Tax Plan Stifles Blockchain Technology
After a fierce debate exploded over how to tax cryptocurrency, a bid to pass an infrastructure bill worth approximately $1 trillion has stalled in the US senate.
BNY Mellon Joins the Marco Polo Network to Develop a More Open and Connected Trade Finance Network
The Marco Polo Network announced a new strategic partnership with the Bank of New York Mellon (BNY Mellon) to create a vast financial atmosphere that will ensure economic as well as trade growth, making BNY Mellon a member of the top network of financial institutions which leverage blockchain technology for trade finance.
Colombian Ministry of Information Technology Prioritize Public Sector Blockchain and Crypto Payment Solutions
The Colombian Ministry of Information Technology and Communications (MinTIC) believes blockchain and DLT solutions could benefit its public sector.
Binance Enables Support for Naira, But is Cryptocurrency Legal in Yet in Nigeria?
Binance, one of the top cryptocurrency exchange has opened support for the Nigerian National currency (Naira) on its trading platform.
Hong Kong's MaiCapital Wins SFC Approval to Fully Manage Virtual Asset Portfolios
Hong Kong's MaiCapital Limited announced that it has secured approval from the Hong Kong Securities and Futures Commission (SFC) to fully manage virtual assets portfolios.
Tencent Unveils Top Ten Tech Trends for 2024
Tencent Research Institute's report on 2024's top technology trends highlights quantum computing, high-performance chips, AI-driven industry development, sustainable computing, IoT, cloud computing, and more, signifying transformative impacts across industries.
Animoca Brands' Japanese Unit Raises $45m
Animoca Brands' Japanese unit raised $45 million in financing at a $500 million pre-money valuation.
United States Congress Will Vote on American COMPETE Act to ‘Beat China’ in Blockchain Technology
United States Congress will vote today on a bill that specifically aims to ensure the US remains competitive with China in the race for blockchain supremacy.
UK Financial Watchdog Increased Crypto Investigations by 74% in 2019
The Financial Conduct Authority (FCA), the primary financial regulatory body in the United Kingdom, has seen a sharp rise of 74% in crypto-related investigations in 2019.
AI in Emergency Medicine: Evaluating ChatGPT and Google Bard
A study reveals ChatGPT and Google Bard's performance in mass casualty incident triage is significantly different, with Google Bard outperforming ChatGPT with a 60% accuracy rate, highlighting the need for continued advancement and human supervision in AI's healthcare integration.
Japan’s Double Jump.Tokyo Raises $24m to Scale Blockchain Gaming Products
Double Jump.Tokyo is targeting to partner with major game developers. The Japanese blockchain company has raised $24 million in a Series C funding round.
DOGE Slightly Increases after Elon Musk Supports Dogecoin's Proposed Changes
The price of dogecoin (DOGE) experienced a slight increase from $0.242 to $0.266 after Tesla CEO founder Elon Musk tweeted and supported an update to the proposed average transaction fee for dogecoin.
Shapeshift Migrate Users to Open-Source Mobile App Boosting Decentralization
Shapeshift has now created a new open-source app to which users will have to migrate, to take additional steps into complete decentralization.
Sofi Launches Into Cryptocurrency Trading with Sofi Trading
The existence and relevance of Bitcoin and other cryptocurrencies have stirred interest from different businesses across various sectors. This is accompanied by the launch of Sofi's exchange platform which offers to make the process of trading more seamless
A group of nine banks has invested $45 million in Carbonplace
The independent UK Carbonplace organization will start later this year under CEO Scott Eaton.
Hong Kong Blockchain Ecosystem Feb 2020 - New Members
Hong Kong Blockchain Ecosystem Feb 2020 - New Members
How Likely Will Bitcoin's Price Decouple from the Stock Market?
In times of economic uncertainty, Bitcoin has strongly correlated with the stock market.
El Salvador Delays the Issuance of Bitcoin Bonds
El Salvador will delay the issuance of bitcoin bonds originally scheduled for March 15-20, possibly until September, according to Reuters.
Will Facebook Ever Be Able to Launch Libra?
In recent speculation, Facebook has acknowledged that there are several regulatory issues that are preventing the progress of launching Libra globally.
Ether Soars to All-time-high Above $4.4K, Gains Reach up to 3.5%
Ether soared to a record to all-time-high above $4,400, gaining as much as 3.5% to $4,403.93, topping the previous record of $4,379.62 reached in May.
Is Bitcoin Going To Experience Its Biggest Weekly Loss Of 2019 This Week?
For the first time in over six months, Bitcoin’s acceptance has been below key support. Yesterday, the prices plummeted below a four-month low of $7800 and this phase of price volatility lingers.
Hong Kong-based Startup Animoca Brands Increases Shares in Kikitrade to Deepen Partnership
Following Kikitrade's plan to widen its participation in the blockchain gaming and non-fungible token market, Hong Kong-based startup firm Animoca Brands has increased its shareholding to become the second-largest shareholder.
LINE Messaging App Launches Digital Asset Wallet and Blockchain Platform to Run Dapps and Tokens
LINE communications app recently launched a new blockchain digital wallet that can be used to manage various crypto assets.
CipherTrace Life Hack for Criminal Investigations: How to Know if Cryptocurrency Was Utilized
CipherTrace blockchain analytics firm has revealed guidelines that could help law enforcement identify that cryptocurrency was used for illicit activities.
United States Moves Forward With Crypto Regulation
Two new crypto-related bills were discussed among the House Agriculture Committee this week as the United States moves forward with crypto regulation.
Indonesia’s Pintu Crypto Exchange Raises $35M in Extended Series A, Led by Lightspeed Venture
Indonesia-based cryptocurrency exchange Pintu announced the company has completed an extended Series A funding round by raising $35 million dollars, led by Lightspeed Venture Partners, citing multiple sources.
Blockchain Technology Powers Brazil's National Identity Card Issuance
Brazil has commenced the use of blockchain technology for issuing the National Identity Card (CIN) to enhance security and data integrity in the new identity issuance process. The initial phase begins in three states with a nationwide deadline set for November 6, 2023. This move is part of Brazil's broader initiative towards leveraging blockchain for public service improvement, aligning with global trends of digital identity verification.
KPMG Study Confirms US Consumers Are Ready to Use Blockchain Digital Tokens
Data don’t lie. New research from KPMG investigated how consumers feel about the application of blockchain digital tokens. It turned out that consumers believe that the blockchain-baked tokenization could significantly transform the way businesses interact with the public. But it emerged that most businesses have not embraced the new technology. Now, you can guess the implications.
UK Aims to Implement Crypto Regulation Soon
The UK plans to establish digital asset regulation within a year to take advantage of blockchain's benefits for the private sector and the economy, according to Andrew Griffith, the economic secretary to the UK Treasury.
ChatGPT Founder's Worldcoin Sees Unprecedented Growth in Spain with AI Boom
Spain has become Worldcoin's biggest operating market in Europe, according to a recent tweet of Worldcoin. The tweet claimed that more than 20,000 individuals join up for World ID, Worldcoin's proof-of-personhood mechanism that protects anonymity, each month.
Maker Hits a New All-Time High Close to the $5,000 Mark
Maker has grown nearly eight-fold since the beginning of this year. It hit a record high of $4,995 today, breaking the $4,500 mark in one clean swoop.
Cryptex Finance to Launch NFT Index Token JPEGz in Q4
Cryptex Finance is set to launch a new JPEGz token powered by Chainlink and Coinbase Cloud.
Crypto Firm Elwood Technologies Raises $70M in Series A Round
American investment banking giant, Goldman Sachs, and Barclays invest in global fintech crypto company Elwood Technologies. The company is valued at up to $500 million after the financing, according to the report from Financial Times.
COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency
Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.
Chainalysis Launches Program to Help Law Enforcement with Monitoring and Storing Seized Crypto Assets
Chainalysis has launched an asset realization program intended to assist government agencies with monitoring and storing seized crypto assets.
List of Blockchain Projects, People and ICOs the SEC Charged
A list of some of the blockchain projects and crypto figures who have been charged by the United States Securities and Exchange Commission over the years.
The Story Behind Kakao and Klaytn's Blockchain Dominance in Korea
During Hong Kong Fintech Week 2019 held on Nov. 4-8, Zachary Keats, the Director of Corporate Development at Klaytn and Ground X, shared his insights on blockchain adoption initiatives in Korea. Kakao, a South Korean internet company offering a platform of services including messaging, cab-hailing, and payments, has developed Klaytn, the blockchain business arm of the company.
How Blockchain Is Creating 5 Fintech Disruption Opportunities
Fintech blockchain acquisition is not only about testing and watching. It’s also about proactively taking action and applying the technology.
Will Bitcoin Ever Get Widespread Adoption in the iGaming Industry?
Bitcoin is now over a decade old, although it has only been known and talked about among the general public for the last few years. During the Bitcoin boom of late 2017, we saw endless reports of the ever-growing value of the token and much speculation of how it would continue to rise to tremendously as time goes on.
HDAO soared +1469% immediately after listing!
Earlier, the most influential Hong Kong Digital Asset Exchange HKD.com launched its platform token HKD.com DAO (HDAO), sold out in 5 seconds.
Sushi Launches on Filecoin, Expanding Decentralized Exchange Services
Sushi, a prominent decentralized exchange, is now integrated on Filecoin, enhancing its cross-chain capabilities and launching a special NFT to commemorate the collaboration.
5 Places to Learn About Crypto Investing
While there is certainly an aspect of the ‘gold rush’ mentality to the current crypto buzz and surging market caps, it is undeniable that we have passed a legitimate turning point in the history of this revolutionary technology and asset class.
Another Major Crypto Hack in Less a Week, $100M Stolen
Mango Markets was exploited after manipulation in the price of the crypto exchange's native MANGO token via an oracle price manipulation attack.
BTCS Crypto Portfolio Expands Over 280% in Q2 2020 Amid COVID-19 Pandemic
While many institutions struggled to recover from the market downturn experienced in March, publicly-traded, blockchain-focused firm BTCS Inc. (OTCQB: BTCS) has increased its portfolio by 285 percent in Q2 2020, through well-timed investments in both bitcoin (BTC) and ether (ETH), and crossed the $1 million mark for cryptocurrency assets under management (AUM).
Integration of Credit Card with Digital Currencies, Bringing Crypto from Hype to Mainstream
Financial giants MasterCard and Visa are expanding at a fast pace and beginning to explore Bitcoin and other cryptocurrencies.
India Should Ban Cryptocurrencies, Says RBI Deputy
India should ban cryptocurrencies as they are related to Ponzi schemes or worse and they pose a threat to financial and macroeconomic stability, a deputy governor at the Reserve Bank of India (RBI) said.
Crypto Exchange Bybit and E-sports Organization Astralis Reach a Three-year Cooperation Agreement
The cryptocurrency exchange Bybit announced a three-year cooperation agreement with the e-sports organization Astralis, aiming to expand the connection of cryptocurrency in the e-sports industry.
Sygnum Pioneers Treasury Tokenization with USD 50M Fidelity MMF Investment
Sygnum Bank breaks new ground by tokenizing USD 50M of Matter Labs' treasury reserves into the Fidelity Institutional Liquidity Fund, enhancing the synergy between traditional finance and crypto.
Animoca Brands Cuts Metaverse Fund Target to $800M
Animoca Brands, a Hong Kong-based developer of blockchain gaming technology, has reduced its target for its metaverse fund by 20% to $800 million due to volatility in the crypto sector. The company's market capitalization has also fallen from $6 billion to below $2 billion, signaling a change in sentiment in the crypto industry.
Bloconomic Expo: Bridging the Gap Between the Malaysian Government and Global Investors
Kuala Lumpur: Bloconomic Expo 2019 is set to be the biggest blockchain event in Malaysia with over 3000 attendees coming from around the world including investors, venture capitalist and tech enthusiasts.
Ethereum Continues to Grow in Use and Price in 2020, But Why?
If Ethereum can continue to dominate gaming spaces and build on its marketplace, fighting off other platforms in the market, then 2020 could be a significant year for the cryptocurrency. Learn more about why below.
CoinGecko Hit by Phishing Scam
CoinGecko, a cryptocurrency data aggregator, experienced a security breach in January 2024, exposing its vulnerability to phishing scams and highlighting the need for robust security measures.
Maker’s Dai Stablecoin Could Reach $2 Billion in Market Cap by the End of 2021—Here’s Why
Messari boldly suggests that after Dai’s market cap surged by 15x this year, due to DeFi, the stablecoin’s market cap could double by the end of next year
OKEx Delves Deeper Into Indian Crypto Space with CoinDCX Partnership
OKEx, a leading Malta-based crypto exchange, has shown its resilience to penetrate the Indian crypto market despite the roaming uncertainties based on its partnership with CoinDCX, the nation’s biggest crypto trading platform.
Bank of China Achieves Groundbreaking $14 Million e-CNY CBDC Settlement in Gold
The Bank of China's Shanghai branch successfully settled a $14 million e-CNY CBDC for gold, marking a significant advancement in digital currency's role in international trade.
CoinFLEX Announces Restructuring Proposal, Allocating 65% Shares to Creditors
CoinFLEX said that creditors will own 65% of the company. While, the company's team will be allocated 15% of the remaining shares, to vest over time in an employee share option program (ESOP).
Metis Launches Decentralized Liquid Staking in Layer 2 Revolution
Metis is launching the Liquid Staking Blitz, a decentralized sequencer initiative, to boost the growth of Liquid Staking Derivatives within its ecosystem, enhancing network security and governance.
ISIS Is Not Hoarding $300M in Bitcoin War-Chest, Reports Chainalysis
Over the past week, the comments of a counter-terrorism think tank Director have indicated that ISIS has been using cryptocurrency platforms to conceal donations and bypass financial security measures and could be hoarding close to 300 million in Bitcoin. Experts initially made the revelation after identifying an increase in advertising for donations. However, a recent report from Chainalysis suggests that there is no evidence of ISIS's 300million BTC war-chest.
Bitcoin Sinks to $18.5K Due to Regulatory, Interest Hike Concerns
Bitcoin fell to a three-month low as cryptocurrencies took a dip ahead of global monetary tightening concerns and amid regulatory concerns.
BlackRock Bitcoin Private Trust to Be Benchmarked by Kraken's CF Benchmarks Bitcoin Index
The world’s largest investment management firm BlackRock's Bitcoin Private Trust, will use the Kraken subsidiary CF Benchmarks Bitcoin Index as a benchmark for issuance, The Block reported.
LandX Achieves Carbon Neutrality with KlimaDAO
LandX, an upcoming DeFi protocol on Ethereum, is announcing a new partnership with KlimaDAO. LandX is joining the Klima Infinity program, which enables organizations to retire tokenized carbon credits and verifiably demonstrate that they have offset their carbon footprint. LandX is an agricultural commodity bond protocol bringing real-world production and yield to DeFi markets.
Financial Stability on The Brink of Instability Due to Bigtech Companies
FSB Worries that the development of BigTech Companies and their growing user community may cause the disintegration of banks amongst other mainstream financial systems.
Crypto Adoption in Sub-Saharan Africa Rises, Study Shows
Many young people in Sub-Saharan Africa are taking the cryptocurrency route to build and preserve wealth despite low economic opportunities.
Bitcoin Wallet Addresses At All Time High As Bitcoin Network Experiences Third Halving
New data from Glassnode reveals that the number of Bitcoin addresses containing less than 1 BTC has more than doubled since the second halving in July 2016, with wallets containing less than 0.1 BTC showing the highest increase.
“Warriors of Future” Set to Debut as Asia’s First NFT Blockbuster Movie
Warriors of Future, a multi-million-dollar Hong Kong sci-fi action movie by One Cool Group, seeks to be the first Asian blockbuster film to feature a non-fungible token (NFT) collection.
Donald Trump's NFT Trading Card Collection
On Dec. 15, 45,000 self-themed trading cards were released for $99 apiece. The collection has generated approximately $1.2 million in secondary sales. Sewer Pass NFT transactions on secondary markets are strong. #NoNeoNFT emerged when the company's Solana network NFT collection failed. NUS claims the HaptGlove simulates touch and grip more realistically than conventional gloves.
Understanding Generative AI and Future Directions with Google Gemini and OpenAI Q-Star
A critical examination of the latest AI innovations, Gemini and Q-Star, reveals a transformative journey in generative AI, from MoE architectures to advanced multimodal systems, paving the way for a new era in artificial intelligence.
Bitcoin May Tumble to $10K, Study Shows
According to Bloomberg, the latest survey by Bloomberg MLIV Pulse shows that Bitcoin may be heading towards the $10,000 mark.=
14,000 BTC Transferred as Record High since 2021 due to 'Miner Capitulation'
According to data from blockchain analytics firm CryptoQuant, bitcoin miners have transferred 14,000 bitcoins over the past few weeks, the highest number of bitcoins sold since January 2021.
Invictus Capital continues to offer exceptional returns despite the volatility in the markets
Invictus’ assets under management (AUM) blew past expectations, growing by 29.46% to $145 million over June.
Binance Ends Services for Nigerian Naira
Binance announces the discontinuation of all services tied to the Nigerian Naira (NGN) as it navigates the evolving regulatory landscape.
South Korean Telecom Giant and City Government Teams Up to Launch Major Digital Currency
KT, the largest telecom company in South Korea is planning to launch its blockchain-based digital currency in the second biggest city in the country, Busan.
Bitcoin Experiences the Second-Largest Drop in Mining Difficulty in History
The latest Bitcoin mining difficulty adjustment has experienced a major decline of 16%, representing the largest drop since late 2012.
Decentraland's Virtual Land Sells for a Record Value of $2.4m in Mana tokens
A piece of virtual real estate in Decentraland was sold for a record value of $2.4 million in cryptocurrency, according to Reuters.
Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto
Sberbank, Russia’s largest bank, is purchasing more contactless ATMs that are powered by blockchain. The banking giant is making such a move despite an upcoming bill that aims to penalize individuals and firms that use and trade cryptocurrencies in financial transactions. Sberbank’s ATMs have nothing to do with cryptocurrencies as they do not act as BTMs (Bitcoin ATMs). The banking institution just intends to cut the need for physical contact associated with the use of bank debit/credit cards amid the coronavirus pandemic. Throughout the COVID-19 epidemic, Sberbank has been preferring to cut down the use of plastic cards because of health concerns.
Brad Garlinghouse Stated that Ripple does not Lag behind Bitcoin's Energy Usage FUD
Ripple CEO Brad Garlinghouse recently responded to allegations related to the company's role in spreading the fear, uncertainty, and doubt (FUD) of Bitcoin's energy use.
Want a Masters in Blockchain? Look no further than the "Blockchain Island"
Malta has been deemed the “Blockchain Island” based on the incredible steps made by the administration. As a result, the University of Malta is offering a Masters of Blockchain and Distributed Ledger Technology with the first enrollment taking place this October.
Spain To Draft New Bill That Will Enforce Full Crypto Holding Disclosure From Citizens
Spain is drafting a bill that will make it mandatory for crypto asset holders to disclose the value of their assets for tax purposes.
Crypto Entrepreneur Sam Bankman-Fried Faces Judge Over Use of Encrypted Messaging Apps While on Bail
The lawyer representing crypto entrepreneur Sam Bankman-Fried will present a revised bail package to Judge Lewis Kaplan after Kaplan expressed concern about Bankman-Fried's use of encrypted messaging apps while out on bail. The entrepreneur had used Signal to contact former FTX and Alameda colleagues, which led Kaplan to forbid him from using such apps and threaten to revoke his bail privileges if he acted out of order.
OpenSea Acquires Crypto Wallet Dharma Labs for Undisclosed Amount
OpenSea, a leading marketplace for non-fungible tokens (NFTs), announced that it had bought cryptocurrencies digital wallet Dharma Labs for an undisclosed amount.
May 7: The Traders' War... New vs Seasoned...
Bitcoin is now up close to 3% past 24 hours as it spiked through $9400 for a bit even as U.S. equities traded poorly, leaving me with the thesis that BTC is starting to break away from moving in lockstep with S&P 500 until and after the havling event. In fact, the 1-year rolling correlation between Gold and Bitcoin is nearing all-time high, so we could start seeing it behave more like Digital Gold.
United Nations Development Programme to Conserve and Increase Kazakhstan’s Forestland Using Blockchain
BitFury, a blockchain development firm has been making plans to get into partnership with the United Nations Development Programme (UNDP) in an effort to help the country reduce its greenhouse emissions by more than 15 percent as this would conserve and boost Kazakhstan’s Forestland.
SolanaFM Secures a Seed Funding Round Worth $4.5M
World-class Blockchain explorer SolanaFM has secured a seed funding round worth $4.5 Million in partnership with various leading venture capital firms
Cyberport’s flagship VC event returns to guide investors and entrepreneurs in the new normal of tech venturing
Cyberport Venture Capital Forum (CVCF), Cyberport’s annual tech investment event, will return on 3-4 November. This year’s event will be held in a virtual and interactive format for the first time, covering how the tech venture ecosystem has been reshaped under the new normal for investors, enterprises and technopreneurs. The two-day virtual forum will gather more than 50 global venture capital (VC) experts to examine key silver linings through a plethora of illuminating keynotes and panel discussions. Furthermore, over 80 virtual booths will be set up for start-ups to showcase innovative tech solutions as part of a comprehensive platform to connect start-ups with investors for power pitching and provide extensive opportunities to explore tech venturing dynamics.
Top Brazilian Meat Processing Company Leverages Blockchain to Reduce Deforestation
JBS, a leading Brazilian meatpacker, has resorted to blockchain technology to leverage its traceability of tens of thousands of cattle it processes daily.
BNB Smart Chain (BSC) Advances with BEP 336: Introducing Blob Transactions for Enhanced Network Performance
BNB Smart Chain introduces BEP 336 upgrade, inspired by Ethereum's EIP 4844, to optimize data storage and reduce transaction costs, preparing for a network performance boost.
JP Morgan, Ciena and Toshiba Partner to Establish Quantum Key Distribution Network
JP Morgan Chase, Ciena, and Toshiba announced to research a Quantum Key Distribution (QKD) system in groundbreaking research for better protection for blockchain networks from eavesdropping and quantum computing attacks.
Justin Sun: Tron Network is Holding 3000 Bitcoin
Tron network, a blockchain-based decentralized operating system, is hosting 3,000 Bitcoin (BTC) configured as BTCTRON, according to its CEO and founder Justin Sun.
Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations
The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers in the country.
Beware of an Overseas Crypto Scam, Thai Regulator Stipulates
The Thai Securities and Exchange Commission (SEC) has discovered a crypto scam where overseas companies are involved.
Billionaire Steve Cohen Removes Investment from Crypto Startup Radkl
Billionaire Steve Cohen has removed his investment from cryptocurrency trading startup Radkl.
Roger Ver Owes CoinFlex $47 Million in USDC, Says CEO
CoinFlex CEO Mark Lamb has revealed through a Twitter thread that crypto investor Roger Ver owes the company $47 million in USDC.
Tether Launches Stablecoin Backed by Offshore Chinese Yuan
Reported in late August, Tether had made plans to add a new stablecoin pegged to the Chinese Yuan, named “CNHT.”
Thailand's SEC Eyes on Decentralized Finance
Thai financial authority turn their eyes to decentralized finance regulation by requesting future DeFi-related activities to get appropriate licenses.
Cardano Hits New ATH Over Weekend, How will the Mary Hard Fork Affect ADA Price?
Cardano’s price traded at a new all-time high over the weekend at $1.48 before correcting lower. What's next for the ADA price following the Mary hard fork?
NFT Marketplace Blur Raises $11m in Seed Fund
NFT marketplace Blur stated that it has raised $11 million in new seed funding led by venture capital firm Paradigm.
Vitalik Buterin Proposes a Quantum-Resistant Hard Fork for Ethereum
Vitalik Buterin proposes a hard fork strategy for Ethereum to protect funds against quantum computer attacks, sparking a community-wide discussion on quantum security.
US Investment Giant Charles Schwab Not Interested in Direct Trade of Crypto
Charles Schwab the US-based brokerage giant, which manages over $3.2 trillion in assets, are dismissing cryptocurrencies for the time being. This decision comes in spite of their competitors ‘Fidelity’ rushing to embrace this new market.
Core Scientific Partners with Foundry in Financing Deal up to $23 Million
The financing from Foundry will enable Core Scientific and its clients to continue shifting global mining operations to North America
Ripple Expands Global Regulatory Team and Joins Blockchain Association
Ripple, the San Francisco-based blockchain startup, just announced its inclusion of four new members into its global regulatory team in Washington D.C.
ZeroSync to Bring ZK-Proofs to Expedite Bitcoin Validation
Swiss-based nonprofit, ZeroSync Association, is developing open-source tooling that enables users to validate the state of the Bitcoin network using zero-knowledge proofs (ZK-proofs) without downloading the entire blockchain. ZeroSync uses StarkWare's proprietary Zero-Knowledge Scalable Transparent Argument of Knowledge (zk-STARK) validity proofs to generate succinct ZK-proofs for the Bitcoin blockchain, promising to overhaul the process of verifying the Bitcoin blockchain, which still requires node operators to download a large amount of data to synchronize the correct state of the Bitcoin network.
The UK is a step closer to launching a central bank digital currency
The Bank of England thinks crypto stablecoins and a central-bank-issued "digital pound" might coexist.
The Girles Token Project Successfully Raised Over $1.2 Million In Presale
Girles Token is a decentralized NFT GameFi token created on the Ethereum platform, which is available for presale right now for every investor. Early-stage investors have more attractive terms of up to 200% than later-stage inventors. Girles Token is the main product of Girles Metaverse, which consists of NFT Metaverse, P2E Alliance, and Staking Contracts.
Web3 users can now register .eth domains with fiat options
ENS has launched a fiat on-ramp for .eth domain registrations through MoonPay, allowing Web3 users to pay with fiat options such as Apple Pay and Google Pay instead of only Ether. ENS has also upgraded its platform to streamline sign-ups and expand its usability for hosting censorship-resistant websites.
AAG, Formerly AAG Ventures, Doubles Down on Metaverse Bet Amid Strategic Rebrand
AAG Ventures, the web3 infrastructure company, is expanding its bet on the Metaverse after a successful year of providing value to underprivileged people who used AAG to benefit from the Play2Earn revolution.
Binance Labs to Invest in 7 Startups from the MVB Accelerator Program
Binance Labs, the incubation and Venture Capital arm of Binance Exchange, has announced it will be making an investment in 7 startups from the Season 5 of The Most Valuable Builder (MVB) Accelerator Program.
Winklevoss Sees US Stimulus Negotiation Fail as a “Wakeup Call And an Endorsement of Bitcoin”
Bitcoin billionaire Cameron Winklevoss thinks that this is the perfect opportunity to invest in Bitcoin, as the dollar keep depreciating and US politicians are unable to reach a consensus on a stimulus package budget.
WhaleFin is being sued by Atletico Madrid for unpaid sponsorship
Atletico Madrid is suing WhaleFin for €20 million over a terminated €40 million sponsorship deal, claiming financial losses and potential reputational damage.
zkSync Parent Firm Sets to Launch Layer 3 Testnet ‘Pathfinder’ in Q1 2023
Matter Labs has announced a new layer 3 Ethereum scaling prototype called ‘Pathfinder,' which will be released in Q1 of 2023 and could turn out to be the first Layer 3 network built on the Ethereum blockchain.
Roole Locates Stolen Vehicles Globally via Nodle Network’s On-Chain Services
Vehicle theft is a common concern in Europe and Roole, a French automobile club, announced today their partnership with Nodle to help car owners trace and recover their cars. Nodle is a decentralized network of smartphones that work together to locate and connect smart objects, such as Bluetooth tags embedded within vehicles. Nodle users are rewarded with the NODL cryptocurrency in exchange for helping grow the mobile network and locating stolen vehicles.
Dapper Labs Raises $18M in Token Sale
The team responsible for the crypto-collectibles phenomenon “Crypto Kitties” has just secured an $18 million token sale.
Local Hong Kong Firms Raise Funds for NGOs Through NFTs
Three local Hong Kong companies are raising funds for NGOs through NFTs to support green initiatives and sustainability.
Another Major Crypto Hack as $100M BNB Stolen
Roughly $100 million of Binance Coin was stolen after an exploit occurred on a bridge between blockchains.
CoinFlex Issues New Token by Offering 20% Annual Return amid Halting Withdrawals
CoinFlex has announced plans to raise funds by issuing a new token that will offer a 20% annual return while the exchange is still halting their withdrawals service, according to a report from Bloomberg.
Robinhood's Top Crypto Executive Announces Departure
Crypto executive Christine Brown, who was overseeing Robinhood's cryptocurrency initiatives, is leaving the brokerage firm, she confirmed via her Twitter account.
Total Value Locked in DeFi on Ethereum Crosses $100 Billion as ETH Address Profitability Clocks 100%
The total value locked (TVL) in DeFi on the Ethereum network breached the $100 billion mark as demand continues to soar.
Venom Foundation and Hub71 Partner to Accelerate Growth and Adoption of Blockchain Technologies from Abu Dhabi
Venom Foundation, the first Layer-1 blockchain licensed by Abu Dhabi Global Market (ADGM), has teamed up with Hub71, Abu Dhabi’s global tech ecosystem, to provide startups with enterprise-grade solutions and simplify blockchain adoption for businesses.
FC Barcelona Fan Tokens Worth $1.3 Million Sold Out in Two Hours
FC Barcelona Fan Tokens (BAR) got sold out barely 2 hours after it went live on sale. With BAR, fans all over the world will be more engaged in the decision at the club.
Thailand Blockchain Community Partners with IBM to Expand $300M Electronic Letter of Guarantee Platform
Thailand Blockchain Community Initiative (BCI) has joined hands with IBM to extend the scope and reach of the blockchain-powered electronic letter of guarantee.
Binance sees surge in withdrawals amid spooked investors
Investors have pulled billions from Binance in the past day due to US Securities and Exchange Commission and New York Department of Financial Services action against BUSD and Paxos.
Bitcoin in 2021: From All-Time High to Where?
A few months ago, the idea of Bitcoin surpassing its all-time high (ATH) was not particularly outlandish. A week after, it hit $40K. Nothing, it seemed, would be the same again.
Japanese Exchange Liquid Exchange Hacked, $80M Cryptocurrency Assets Transferred for Safety
Online cryptocurrency exchange Liquid Exchange was attacked by hackers and transferred approximately $80 million worth of cryptocurrency, confirmed by the exchange.
Soccer NFT Trading Platform Sorare to Complete the Largest Round of Financing in French Tech with $530M
Football start-up NFT platform Sorare reportedly will raise 450 million euros in the financing, led by SoftBank.
InvestHK announces core events of extended StartmeupHK Festival 2020
Invest Hong Kong (InvestHK) today (January 20) announced details of next month’s StartmeupHK Festival, its influential annual showcase of what’s new and what’s next in the world of start-ups. Entering its fifth year, the StartmeupHK Festival this year has been extended to six days and features seven core events that will present the latest ideas, trends and innovation to an audience from around the world.
web3 gaming METAPIXEL Suspended Indefinitely
The METAPIXEL project has been suspended indefinitely due to a range of internal and external factors. Key team members, including Kate, Daniel, and Nathan, have announced their departure from the project. The development comes after 18 months of active work on the project, leaving both the team and the community in a state of uncertainty.
What Global Regulators Think of Libra: The Asia Pacific Edition
Libra, the new cryptocurrency by social media giant Facebook, has generated controversy with lawmakers and regulators globally since its announcement in June of this year. Concerns were mostly revolved around the stablecoin potentially disrupting the global financial system. The scrutiny towards Facebook aims at the fear that the new digital currency could possibly take power away from the governments.
DeSo Blockchain Users Exceeds 1.5 Million, Decentralized Social Token up Nearly 90% within 24 hrs
New type of blockchain designed to power Web 3.0 decentralized social networks. DeSo Blockchain announced that they have created over 1.5 million accounts on their network.
Christie’s Auction House Sells NFT Crypto Art ‘Block 21’ for Over $130K
One of the most prestigious auction houses in the world, Christie’s has sold a digital portrait of the Bitcoin (BTC) code “Block 21” for over $130,000.
The Top 10 Bitcoin Exchanges for Casino Players
Exploring the 10 best Bitcoin exchanges for online casino players, mostly looking for newcomer-friendly sites and a couple of more advanced propositions.
Ankr Unveils Its Biggest Upgrade, Ankr Network 2.0, to Truly Decentralize Web3’s Foundational Layer
Ankr, one of the world’s leading Web3 infrastructure providers, is delighted to introduce Ankr Network 2.0, described in the new whitepaper as a “Decentralized marketplace for Web3 infrastructure.” The upgrade brings a full suite of decentralized products and services that serve as the critical infrastructure behind Web3 growth.
Crypto and Blockchain YouTube Channels Blocked: Should Users Move to Dtube?
Many cryptocurrency and blockchain promoters who make use of the famous YouTube platform witnessed their channel being blocked for more than a week during the Christmas holiday period in a move that was seen as a possibility to silence cryptocurrency. Among the Youtuber’s affected are Ivan on Tech, Mr. Kristoff is otherwise known as Crypto Crown and some others.
US Senate Introduces DEFIANCE Act to Combat AI-Generated Nonconsensual Deepfakes
The US Senate has proposed the DEFIANCE Act in response to the increasing spread of AI-created, nonconsensual explicit imagery, exemplified by recent deepfake incidents involving Taylor Swift. This bill aims to provide legal recourse for victims and criminalize the production and distribution of such content.
UK's Tax Authority Ready to Invest Up to $130,000 in Blockchain Analytics Tool to Track Crypto Cybercriminals
The UK tax authority HM Revenue and Customs (HMRC), is looking for an analytics tool using blockchain to enhance the process of identifying criminals who are trading in cryptocurrencies online.
Tencent Cloud Launches Deepfake Generator
Tencent Cloud, the cloud services provider arm of Tencent, has released a new deepfake generator platform for creating fake videos of individuals using AI capabilities based on a three-minute video clip and 100 voice clips. The service costs approximately $145.
Cardano Launches Project Catalyst—One Step Closer to Fully Decentralized Era Voltaire
IOHK, the blockchain engineering company behind Cardano has launched “Project Catalyst” in part of the network’s transformation into a self-sustaining system. Cardano aims to build a set of governance tools and processes that puts the future of the network in every ADA holder.
The PLA Could Get Blockchained
The Chinese military could benefit from the blockchain, the Global Times reports citing the People’s Liberation Army (PLA) Daily.
What is Bitcoin Ordinals?
Bitcoin Ordinals, introduced in January 2023 by Casey Rodarmor, are a way to inscribe digital content on the Bitcoin blockchain.
Ethereum staking service Rocket Pool reaches $1 billion in total value
Decentralized network operators get 7.26% annually.
DeFiChain Becomes One of the First Blockchains to Fully Integrate Euro Coin, a Euro-backed Stablecoin
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, has announced the debut of the Euro-backed stablecoin Euro Coin (EUROC) on its native blockchain. DeFiChain is one of the first blockchains to fully integrate a Euro-backed stablecoin.
China Declares Bitcoin as Virtual Property with Monetary Value
China has taken a new step with an important legal precedent regarding Bitcoin in a property dispute case in Hangzhou. Read more about how this case affirmed the legal status of Bitcoin as a virtual property with protection under Chinese law.
DeFi’s Smart Contract Risks: Cream Finance’s Input Error Led to CREAM Token Plunging 25%
The DeFi sector has attracted millions to billions of dollars worth of crypto to the industry, however, some protocols have shown issues.
Coinbase and Binance.US Will Support Flare Network's Spark Token Airdrop, Ripple's XRP Price Could Dip
Crypto exchanges Coinbase and Binance US have lent support for the Flare Network's Spark Token airdrop sending XRP price slightly higher.
Blockchain Monitor Launched to Track Coronavirus-Free Safe Zones to Protect the Non-Infected Community During Pandemic
The coronavirus pandemic has currently reached countless countries and territories all over the world and has caused over 220,000 infections in the world population. With the global death rate climbing and almost reaching 9,000, the World Health Organization declared it as a pandemic on March 11.
Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets
Basel Committee on Banking Supervision publishes paper going over the design for prudential treatment for crypto assets. The paper goes over areas such as risks of crypto-asset exposures, capital, and liquidity requirements, and general considerations for the prudential treatment.
Thailand Considers Opening Crypto Payments for Russian and Ukrainian Tourists
Following Mastercard and Visa suspension of Russian credit cards abroad due to international sanctions imposed, Thailand, on the other hand, is looking at accepting crypto payments for transactions.
RhinoX Soulbound NFT Launches Roadmap Detailing New ‘Soul Breeding’ Mechanism on Web3
BinaryX, a GameFi development platform, today announced the launch of their official RhinoX roadmap which unlocks new and exciting use cases for soulbound tokens in the Web3 space. The roadmap reveals RhinoX’s ambitious plans to develop a ‘soul breeding’ mechanism that gives existing RhinoX token holders the ability to breed 2nd generation NFTs from their existing NFTs.
Kryptomon to Launch an Exclusive Physital NFT Collection on Binance NFT
The blockchain game Kryptomon, a living-NFT-powered Metaverse project combining Play-and-Earn gaming with nostalgic charm, announced today its official sale on Binance NFT, the NFT marketplace of Binance, the world’s leading blockchain ecosystem, and cryptocurrency infrastructure provider. This launch features one of the world's first “Physital NFT” collections.
Crypto Exchange ZipmexX Resumes Withdrawals for Trade Wallet
ZipmexX, Asia's leading digital asset exchange, said in an announcement Friday that it has resumed withdrawals on Trade Wallet in Thailand, and said it will resume withdrawals in other countries tonight.
Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption
The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.
UNODC: Surge in Cryptocurrency Misuse and Technology-Driven Crime in Southeast Asia
The UN Office on Drugs and Crime's latest report reveals an alarming increase in cryptocurrency misuse and advanced technological crime in East and Southeast Asia. The study focuses on the challenges faced by law enforcement against the backdrop of evolving online casinos, cyberfraud, and tech-driven underground banking networks.
CIA Eyes Blockchain Technology with New Research Lab
US Central Intelligence Agency has rolled an in-house R&D arm dubbed CIA Labs to scale up technological and scientific breakthroughs for future intelligence challenges.
Hedge Fund Billionaire Marc Lasry Wishes More Bitcoins To Accumulate
US billionaire hedge fund manager, Marc Lasry, acknowledged that he regrets not purchasing enough Bitcoin in the past. He has predicted that Bitcoin would see adoption growth and an increase in price.
Bitcoin Takes Black Swan Dive With Markets, Cash Still King as Stablecoin Market Caps Surge
The Bitcoin community watched from the edge of their seats as the BTC price briefly sank below to $3,900 before rebounding to between $5,300 and $5,500 in less than 30 minutes this morning.
HashKey Group Secures Licenses from Regulator to Operate Virtual Asset Trading Platform
Hong Kong-based digital assets company HashKey Group announced it has secured regulatory approval from the Securities and Futures Commission of Hong Kong (SEC) to operate a virtual asset trading platform.
EU to Regulate AI Use of Copyrighted Material
The European Union has passed a draft bill to regulate AI use of copyrighted materials. AI tools will be classified according to their risk level, with high-risk tools subjected to stricter transparency procedures. The bill is part of the EU's Artificial Intelligence Act and aims to strike a balance between protecting citizens and fostering innovation.
Bitcoin family Taihuttus Immigrates to Crypto Tax Haven Portugal
According to CNBC’s February 6 report, “Bitcoin family” Taihuttus immigrated to crypto tax haven Portugal due to a 0% tax on cryptocurrencies.
Ethereum Has Entered a New Bull Market as ETH is Dwarfing Everything in the Crypto Space
Spencer Noon recently tweeted that ETH has entered a new bull market. Here are a few factors why ETH is dwarfing the rest of the crypto market.
The World Economic Forum Forms Six Tech Policy Councils Including Blockchain
The World Economic Forum (WEF) launched six different “fourth industrial revolution councils” to help regulators working on the new technology policy guidance. The new technology included artificial intelligence, autonomous mobility, blockchain, drones, internet of things and precision medicine, as revealed on 29 May.
Philippines Becomes the First to Leverage Blockchain to Issue Retail Treasury Bonds in Asia
The Filipino government has launched a blockchain-based app that will be utilized in the distribution of government-issued bonds. The novel project dubbed Bonds.PH was developed by the country’s Bureau of Treasury in conjunction with Union Bank and the Philippines Digital Asset Exchange.
Huobi & BTC.Top Reportedly Suspends Business Operation in China
Cryptocurrency mining operators, including Huobi and BTC.TOP, are reportedly halting their business in mainland China, sources said.
What are Smart Contracts and Why are They Important?
Since the lack of transparency puts the security of any transaction in jeopardy, this as now a problem of grave concern, so how do smart contracts solve these problems?
OpenAI Launches GPT-4 API: A New Era of Chat-Based AI
A major advance in the development of artificial intelligence technology has been signaled by OpenAI's announcement that its long-awaited GPT-4 API is now available to all paying clients. This event marks a key milestone in the advancement of AI technology.
Kakao Affiliates Face Probe Over Crypto Misappropriation Allegations
Prosecution delves into allegations of cryptocurrency embezzlement & breach of trust against ex-Kakao chairman & affiliate executives, marking the start of a formal inquiry with the examination of the complainant on Oct 11.
MicroStrategy CEO Michael Saylor From BTC Skeptic to Bitcoin Maximalism
MicroStrategy's CEO Michael Saylor went from cryptocurrency skeptic to Bitcoin bull in just seven years, but his eyes are for Bitcoin and Bitcoin only.
Square to Acquires 'Buy Now, Pay Later' Payment Company Afterpay for AU$39B
The digital commercial payment giant Square announced on Sunday to acquire the Australian payment platform Afterpay for 39 billion Australian dollars.
Alibaba Vice-Chairman Admits He Likes Crypto
Joe Tsai, the Executive Vice-Chairman of Chinese conglomerate Alibaba Group has expressed his likeness for digital currencies in a tweet in which he professed “I like crypto.”
Japan Blockchain Association Proposes Cryptocurrency Tax Reforms to Government
The Japan Blockchain Association (JBA), led by Representative Director Yuji Kano of bitFlyer, submitted a proposal for cryptocurrency tax reforms to the government on July 28, 2023.
Accenture Forms Strategic Partnership with TradeIX, Joining the Marco Polo Network
Professional services firm Accenture has partnered with TradeIX to create new use cases for the buyers and sellers in the trade finance market. TradeIX, a trade finance blockchain startup, previously launched the Marco Polo Network along with R3.
Top Three Altcoins to Watch This Week: DOT, AVAX, and MANA
With a mildly volatile weekend done with, investors are looking forward to another new week in hopes of charting a positive trade history across all markets. Here are three altcoins to watch ahead of the new week.
Dash NEXT: Fostering Crypto Adoption in Asian Tourism
Felix Mago is the CEO of Dash Thailand, and has been working in the blockchain space since 2014 and one of the driving forces of cryptocurrency adoption in Thailand. He is the author of the “Bitcoin Handbook” and the co-founder of the Dash Embassy Thailand as well as the co-founder of Futerio, a southeast Asia based gateway to blockchain, ICOs, and OTC brokerage.
Algorand (ALGO) Foundation CEO's Social Media Hacked
The Algorand Foundation CEO's social media account was hacked, raising significant cybersecurity concerns in the blockchain and cryptocurrency sectors.
Orbs Releases Smart Contract for Validators in TON Blockchain
Orbs has released a new smart contract, called the single nominator, designed for validators in the Telegram Open Network (TON) blockchain. The contract allows validators to have an isolated cold wallet for securing their validation process, enhancing their independence, security, and protection against gas-spending attacks.
Singapore Unveils Ambitious National AI Strategy 2.0 for Future-Ready Innovation
Singapore's updated National AI Strategy 2.0, launched on Dec 4, focuses on expanding AI talent to 15,000, building an AI community hub, and integrating AI across various sectors for public good.
UK Court of Appeal Examines Copyright Claims over Bitcoin File Format
UK Court of Appeal reviews Dr. Craig Wright's claim of copyright infringement over the Bitcoin File Format. Wright alleges he is Bitcoin's creator, 'Satoshi Nakamoto'. The case's outcome could impact digital asset copyrights.
Ternio Research Finds Blockchain-Affiliated Companies Are Employing Over 86,000 People
Ternio, a leading white-label technology company, has revealed the findings of a new study dubbed “The State of Crypto Entrepreneurship 2019.” It was, therefore, estimated that crypto/blockchain organizations employ 86,443 people across the globe.
Envisioning the AI Ecosystem of Tomorrow: Perspectives and Principles
This article delves into the future of AI, exploring the concept of 'shared intelligence' in cyber-physical ecosystems. It highlights the shift from artificial narrow intelligence to more complex, interconnected systems, emphasizing the role of active inference, a physics-based approach, in AI's evolution. Ethical considerations in respecting individuality within these intelligent networks are also discussed, framing a future where AI is not just advanced but also ethically grounded.
“We Can’t Let China Beat Us,” Document shows US Regulators Want to Pass a National Blockchain Bill
Lawmakers in the US are coaxing the federal government to consider a national blockchain strategy for regulation and growth, citing China’s Blockchain Service Network as an example.
Intel Releases New Bitcoin Miner Hardware Specifications
Intel released the technical specifications of its Bonanza Mine bitcoin miner hardware, saying that the miner provided greater efficiency than others in the market.
Web3.0 Wallet Tracking App Context Raises $19.5m in Seed Funding
Web 3.0 application Context has secured a $19.5 million seed round led by Variant Fund and OpenAI CEO Sam Altman.
Chainlink DeFi Token Soars; DeFi Booms, But Poll Indicates Many Still Don’t Understand It
As of now, the decentralized finance (DeFi) industry is valued at $6 billion in value.
Grimes Offers to Split Royalties with AI-Generated Music Creators
Musician and producer Grimes has announced that she is in favor of AI-generated music and will treat AI creators using her voice the same as other artists she collaborates with. She plans to split 50% royalties on any successful AI-generated song that uses her voice. Grimes has no label and supports open-sourcing art, ultimately “killing copyright.”
World Economic Forum Recognized Six Blockchain Companies as “Technology Pioneers” in 2020, Including MakerDAO and Chainlink
The World Economic Forum (WEF) has honored six blockchain companies on its list of 100 “early to growth-stage” firms Technology Pioneers for 2020, including MakerDAO and Chainlink.
Thai Regulator Warns Against Unlicensed Crypto Firms as Cryptocurrency Trading Ramps Up
As cryptocurrency trading ramps up in the region, the Securities and Exchange Commission of Thailand (SEC) warns investors against unregulated crypto players.
Mastercard Still Betting on Blockchain Despite Pulling Out from Facebook’s Libra
Mastercard recently pulled out of the Libra Association, along with Visa and PayPal, however, it has been reported that the payment processor is not giving up on blockchain.
Thailand Immigration Services to Implement the Idea of Virtual Visas
Travelling to Thailand may become even more accessible, thanks to blockchain technology. Thai Immigration Officials are in the process of testing out an ‘eVOA’ service for tourists entering the country. As a result, physical copies of travel documents may no longer be necessary.
Google AI and Robotic Systems Forge New Frontier in Material Discovery
Google AI and robotic systems have predicted the stability of nearly 400,000 new substances, accelerating material discovery and synthesis, with implications for clean-energy technologies and other fields.
How Blockchain Can Mitigate the Menace of Identity Theft
According to the Center for Victim Research, 7-10% of the US population are often victims of identity theft annually. Moreover, 21% of them suffer multiple cases of identity fraud. This menace is being experienced across the globe, and blockchain technology can be instrumental in stamping it out.
Questions Regarding Whether Bitcoin Will Hit $100,000 in 2022 Still Hangs
Analysts state that many factors will potentially determine whether Bitcoin follows its 60% gain in 2021 with another banner year.
Volkswagen's Skoda DigiLab Collaborates with Microsoft for Blockchain-Based Business Solutions
Skoda DigiLab, an innovation hub, has partnered with Microsoft and Lumos Labs for innovative blockchain-based solutions in the business arena.
Alex Gladstein Fights Government Corruption
Human Rights Foundation CSO Alex Gladstein thinks Bitcoin can improve democracy and combat state corruption by restricting government and institutional authority.
Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030
VanEck's analysis suggests Solana could reach significant valuation by 2030 due to its technical innovations and user-focused applications. However, challenges like financial sustainability, technical stability, and developer adoption need to be addressed for this potential.
What Ripple Thinks of Flare Networks, as Whether Tokens Already Minted for Spark Token Airdrop Questioned
Ripple’s CEO Brad Garlinghouse expressed excitement for what the smart contract utility fork Flare Networks had in store.
Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years
Goldman Sachs predicts a substantial increase in blockchain-based asset trading in the next 1-2 years, indicating a transformative shift in financial markets and growing interest in digital assets.
Tencent to Offer Metaverse Business Support in Japan before Feb
Tencent reportedly will launch services for supporting the virtual space "Metaverse" business to Japanese companies before February.
FINRA Ends Regulatory Unclarity By Awarding Harbor with Crypto Broker-Dealer License
The Financial Industry Regulatory Authority (FINRA) awarded Harbor Square Investments a broker-dealer license. Harbor Square Investments is a subsidiary of tokenized securities platform-Harbor.
Uniswap (UNI) Momentum Fades, Chainlink (LINK) Faces Correction as Selling Pressure Takes Over
The UNI token reached its all-time high of $8.50 before shortly facing a correction, which led to the cryptocurrency’s price plunge to $3.93, as of press time.
OpenSea Freezes Stolen Bored Apes, Sees Backlash for Lack of Decentralization
Following an apparent phishing attack, OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) owned by New York-based art curator and NFT collector Todd Kramer.
Bitcoin’s On-Chain Data Shows a Pattern of Accumulation is in Play
The Realized Cap HODL Waves indicator, as availed by Glassnode, illustrates a pattern of accumulation is in play in the BTC market.
Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients
Coinbase announced yesterday that it was going to offer Bitcoin-backed loans to their US customers, set to be in effect for fall of this year.
Leading Musicians Continue to Fight with Blockchain in Battle Against Piracy
In recent years studies have shown that there has been a sharp decline in album sales net revenue, due to online piracy and illegal creation or sharing of property righted materials.
Argentina’s Central Bank Set to Prove Non-Crypto Use Cases of Blockchain Technology with its New Clearing System
The Central Bank of Argentina (BCRA) is now looking to test a blockchain-based clearing system to be used by the country’s major financial institutions. The aim of the blockchain clearing system is to provide efficiencies for fiat payments and enable them to be more reliable and to provide end-to-end traceability.
JP Morgan: Groundwork Now in Place for Mainstream Blockchain and Digital Currency Adoption
JPMorgan published a report showing a significant move towards blockchain, enormous growth of blockchain, and challenges hindering mainstream adoption.
Google's Imagen 2 Unveiled: Revolutionizing Text-to-Image AI Technology
Google's latest updates to Bard introduce image generation, multilingual support with Gemini Pro, enhanced coding assistance, and broader accessibility, showcasing significant advancements in AI-driven creativity and user interaction.
Bitcoin’s Institutionalization Increases 4-Fold to Hit Weekly Average of $1.9T
Since institutional investments started trickling into the Bitcoin (BTC) network, the leading cryptocurrency has prompted exponential growth.
How Blockchain Can Mitigate Electoral Malpractices
For elections to be credible, they ought to be free and fair. Nevertheless, the voting process may be marred with malpractices, and this hinders transparency. Blockchain is being touted to avert electoral malpractices and voter fraud based on the distributed ledger technology (DLT) presented.
Bitcoin Plummets to $46K after Tesla Refuses Bitcoin Payments
After Elon Musk's announcement Tesla will no longer be accepting Bitcoin payments due to its environmental footprint, Bitcoin dropped by nearly $10,000.
SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace
The US Securities and Exchange Commission plans to award CipherTrace blockchain analytics firm with a contract pertaining to Binance Chain.
A Dragonfly Researcher Breaks Mimblewimble’s Privacy, Proving That The Model Is Flawed
The esteemed privacy of Grin has been tampered with by a Dragonfly researcher who was able to unearth the real addresses of senders and receivers of up to 96% of transactions carried out in Grin’s blockchain.
Blockchain and AI: The Delicate Balance Between Two Cyber Titans
Artificial Intelligence and Blockchain. A technological duality with immense potential to disrupt and create a new order. But is mankind playing with fire?
Hong Kong Vending Machines Accept Bitcoin Cash not Bitcoin Boasts Roger Ver
Bitcoin Cash (BCH) advocate Roger Ver recently took to Twitter to highlight a Hong Kong vending machine which accepts BCH and Ether as payment options but not Bitcoin. After asking why BCH was preferred over BTC, Ver was accused by popular YouTube Bitcoin influencer Tone Vays and trader Willy Woo of paying for Bitcoin’s omission.
1inch Launches Wallet on Apple iOS App Store
1inch, a decentralized exchange aggregator operating on both Ethereum and Binance Smart Chain, launched its wallets on Apple iOS this Tuesday.
Filecoin Miner RRMine Global Shuts Down Market in China, Moves HQ to Singapore
Decentralized storage network Filecoin miner RRMine Global announced that it would withdraw from the Chinese mainland market and close its business in mainland China, moving its headquarters to Singapore.
Binance to Airdrop $3 Million BNB to Aid Morocco Earthquake Victims
Binance Charity has pledged to airdrop up to $3 million in BNB to affected users in the Marrakesh-Safi Province of Morocco. The airdrop will be based on Proof of Address (POA) submissions, with users who completed their POA by 9 September 2023 eligible for a $100 BNB airdrop. Binance has extended a grace period for those not completing their POA between 9 September and 30 September 2023. The initiative is expected to benefit around 70,000 users in Morocco, with funds distribution starting on 12th September 2023. Binance Charity has set up a public donation address for donations.
Chia Network Joins Crypto Lobbying Group Blockchain Association
Chia Network Inc. announced that it has become a member of a Blockchain Association, an industry leader championing the collaboration and innovation necessary to support U.S. leadership in the crypto industry.
Four Reasons Why Filecoin Increased by 430% Within a Month
Filecoin has risen by 89.74% within 7 days and has increased by over 430% since the beginning of March. What are some factors driving Filecoin's surge?
Tokens.com Corp Launches Hulk Labs, Focusing on GamFi and NFT
Toronto-based publicly-traded Blockchain technology company Tokens.com Corp has launched Hulk Labs, a platform focusing on Crypto gamefi and NFT investment.
Morningstar Ventures Invests $5M to Open 37xDubai, a Novel NFT Art Gallery in Central Dubai
Morningstar Ventures, an investment firm specializing in digital assets and blockchain technology, is opening its first interactive digital art gallery in the heart of Dubai. Located in the Burj Daman Tower (DIFC area), ‘37xDubai’ is positioned amidst Dubai’s business and lifestyle center.
India’s Central Bank Clears the Air on Cryptocurrencies not Being Outlawed
India’s central bank, the Reserve Bank of India (RBI), has stated that it had not prohibited cryptocurrencies, such as Ethereum and Bitcoin, in the nation as it only highlighted the risks linked to crypto trading to regulated entities like banks.
Japanese University Integrates Blockchain for Tamper-Proof Academic Records
The Muroran Institute of Technology, located in Hokkaido, Japan, is piloting a blockchain initiative to authenticate the academic records of its students. Five other Japanese universities are expected to follow suit in 2020.
Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance
In an effort to break economic ties with the United States and escape the US Dollar dominance of the global markets, Turkey is adopting blockchain and cryptocurrency at a greatly accelerated rate.
EOS Price Surges by 110% Within Three Days
EOS, a platform that is designed to allow developers to build decentralized apps with its native token "EOS”, has seen its token rise by 110% within three consecutive days.
Exclusive: Why Sharding is a Bad Idea to Solve the Blockchain Trilemma?
In Part 2 of the interview, Fan Long shares with us the technical breakthrough of Conflux Chain, including the use of tree graph and directed acyclic graph! Long also compares Conflux Chain with competitors like Algorand and he explained to us why sharding is a bad idea to solve blockchain trilemma!
Riot Blockchain Generates $79.8m Revenue with YoY Increase of 244%
Riot Blockchain's first-quarter earnings from 2022 showed a new record of total revenue for the quarter. It was up 244% year-over-year to $79.8 million, and its bitcoin production increased year-over-year in the first quarter of 2022 by 186% to 1,405 BTC.
Binance Launches Airdrop Rewards and iPhone 15 Promotion for SOL and BNB Locked Products, and ETH Staking
Binance, one of the leading cryptocurrency exchanges, has announced a new promotion that allows users to earn rewards by subscribing to SOL or BNB Locked Products, or staking ETH. Participants have the chance to share a portion of 140,000 PIXEL in airdrop rewards and even win an iPhone 15. The promotion is set to run from March 19, 2024, to March 31, 2024.
Vision Mamba: A New Paradigm in AI Vision with Bidirectional State Space Models
The Vision Mamba project introduces a transformative approach in AI vision with its bidirectional state space models, outperforming traditional vision transformers in efficiency and performance across various tasks, including ImageNet classification and COCO object detection.
Data-Hungry: Official Trump 2020 Election App Collects User Data of Voters
US president Donald Trump’s campaign app “Official Trump 2020 App” raised a lot of skepticism, as it has been uncovered that the election app collected mast amounts of sensitive information on his voters.
Pickle Finance DeFi Protocol Loses $19.7 Million In DAI Stablecoin in “Massive” Hack
Pickle Finance becomes the latest DeFi Protocol to suffer from hacking, losing almost $20 million in DAI stablecoin.
Looking For a Data Scientist: Is NASA Interested in Launching a New Cryptocurrency?
A few days ago, NASA advertised the position of data scientist with emphasis on cryptocurrency experience on LinkedIn platform. The move has stirred much speculation on whether the agency is intending to launch its own cryptocurrency. But let’s find out.
ANNA Develops New Technology Strategy On Digital Assets
ANNA, a mnemonic for the Association of National Numbering Agencies apprised the public that it has developed a new technology task force on digital assets which will help to investigate the identification of digital assets in the likes of tokens and cryptocurrencies, blockchain technology.
Ukraine Government Restricts Crypto Purchases Using Local Currency
Ukraine has restricted crypto purchases in an attempt to stabilize markets as the country faces a crisis derived from the ongoing war.
Australian Blockchain Startup Power Ledger Deploys Blockchain Grid to Audit Renewable Energy
An Australian-based blockchain energy firm has bought a 250kW photovoltaic system, which will use the firm’s new energy data management and settlement system to offer greater transparency on renewable energy sold to consumers.
NFT Platform LÜM Cooperates with 25 World-renowned Musicians to Launch the "Access Pass" NFT
U.S.-based music blockchain NFT platform LÜM has announced a partnership with 25 world-renowned musicians to launch the “Access Pass” NFT.
Gemini Expands Services to Six European Nations
U.S-based cryptocurrency exchange Gemini has announced the launch of its services in six European Nations.
OKX Exchange Announces Venom Network's VENOM Token Listing
Global crypto exchange OKX announces the listing of Venom Network's VENOM token on its spot market, expanding trading options with VENOM/USDT pair.
OpenAI's Sam Altman Spotlights Antisemitism and Islamophobia in Tech
OpenAI's CEO Sam Altman has brought significant attention to the issues of antisemitism and Islamophobia in the tech industry with his tweets on January 5, 2024. His personal experiences and observations have sparked discussions on the need for greater support and awareness within the industry. The public's varied responses highlight the complexity of media coverage and the responsibility of tech companies in addressing these social issues.
Cardano (ADA) Price Analysis - March 31, 2021
Cardano will achieve another milestone through the upcoming Alonzo Hard Fork-creating an entire ecosystem of Defi projects centered on Cardano.
GameStop Shares Surges 26% after Announcing Entry into NFT, Crypto Markets
GameStop said the company is entering the NFT market. Its shares on the Nasdaq exchange, GME, rose 26% in after-hours trading after the announcement.
Vodafone DAB and Chainlink Labs Unveil Blockchain Solution to Streamline Global Trade
Vodafone's Digital Asset Broker and Chainlink Labs, in partnership with Sumitomo Corporation and InnoWave, have developed a proof of concept to improve the global trade ecosystem. The initiative aims to facilitate the seamless exchange of trade documents across various platforms and blockchains, reducing fragmentation and inefficiencies. The collaboration uses Chainlink's Cross-Chain Interoperability Protocol for security and interoperability, paving the way for smart contract, blockchain, and AI applications.
Brazilian E-sport's Team MIBR Partners with Bybit
Brazilian esports team MIBR has announced a partnership and sponsorship deal with crypto exchange Bybit for the next three years.
First Ever Blockchain-Based IPO Launches on National Stock Exchange
The shares are available on the MERJ exchange platform as well as through broker-dealer Jumpstart and crypto custodian Prime Trust, which are both based in the US and via Globacap.
Nomura-Backed Digital Asset Firm Komainu Hires Nicolas Bertrand As CEO
Bertrand’s experience driving strategic transformations at the Italian stock exchange demonstrates his capability to accelerate Komainu growth and capture the opportunities ahead.
DeFi Liquidity Project Paradigm Labs Shuts Down, Unable to Find Niche in DEX Ecosystem
The ambitious DeFi liquidity project, Paradigm labs are shutting down its operations citing an inability to build a resilient business within the DEX ecosystem.
Exclusive: Access, Connectivity and Inclusion—How UNICEF Leverages Blockchain to Close the Digital Divide
Christina Lomazzo is the Blockchain Lead for UNICEF’s Office of Innovation; whose work mainly involves leading the blockchain efforts at UNICEF Ventures where she heads up a diverse team of six. Together they invest in early technology prototypes that they assess and determine could have an exponential impact on UNICEF’s operations and ability to fulfill its mission across the developing world.
How Blockchain Will Break Down Barriers to Asset Management?
To tackle issues like global inequality, blockchain is believed one of the ways to break down barriers to asset management among traditional finance sector.
Top Crypto Firms That Laid Off Staff Recently
The crypto industry has witnessed a massive downturn, losing about $2 trillion in value since hitting a peak in November.
Binance Australia Appoints Former DigitalX EXEC Leigh Travers as New CEO
Binance exchange officially announced yesterday that hired former DigitalX CEO and director Leigh Travers as the CEO of Binance Australia.
Deepak Chopra Partners with Hedera Hashgraph to Leverage Blockchain for COVID-19 Mental Health Support
Renown Indian-American author Deepak Chopra discussed how blockchain technology could help in improving mental health during the current pandemic crisis.
Asset Tokenization to Expand into $16.1M Business Opportunity by 2030: BCG, ADDX Report
Asset tokenization will expand into a US$16.1 million business opportunity by 2030, according to a report published by BCG and ADDX.
UK Parliament Committee Set Out Inquiry Into Risks and Benefits of NFTs
A group in the UK's House of Commons are now planning to launch an inquiry into the operation, risks, and benefits of NFTs and the blockchain at large, as well as to see how the industry could impart the UK economy.
FBI Warns Investors of Fraudulent Crypto Apps
FBI issued a public warning to crypto investors about fraudulent cryptocurrency apps. Fake apps have defrauded more than 200 American investors up to $42.7 million.
Barstool Sports Founder Dave Portnoy to Dump Bitcoin and Chainlink (LINK) After $25,000 Loss
Dave Portnoy announced that he is done with cryptocurrency and Bitcoin after undergoing a loss of $25,000 due to market crash.
Binance Invests another $5m in Metaverse Startup Ultiverse
Binance is putting in a fresh $5 million investment in metaverse gaming startup Ultiverse, after leading a $4.5 million seed investment a week earlier for the firm.
Dallas Cowboys Signs Deal with Blockchain.com, Becomes 1st NFL Team to Enter Crypto Space
Dubbed as the first crypto deal in the National Football League (NFL), the Dallas Cowboys have chosen cryptocurrency platform Blockchain.com as its “exclusive digital asset partner.”
FTX Hack Suspect Reactivates Wallet
Blockchain analytics firm Spot On Chain reported a significant movement in a crypto wallet associated with the historic FTX hack on September 30, 2023. The wallet, labeled 0x3e957, transferred 2,500 ETH (approx. $4.2 million) amidst the anticipation surrounding the launch of Ethereum-based ETFs in the U.S. This marks the first activity in the wallet since the hack, with the wallet still holding 12,500 ETH.
Thai Political Party Proposes Digital Currency Stimulus
The Pheu Thai Party in Thailand plans to give all Thai residents over the age of 16 a stipend of $300 in digital currency if the party wins the next election. The initiative aims to stimulate the local economy using blockchain technology.
President Biden Amplifies AI Safety and Security Measures with Executive Order
President Biden has issued an Executive Order on October 30, 2023, aiming to improve AI safety, security, and trustworthiness. The order requires rigorous testing of critical AI systems, advocates for data privacy legislation, and promotes AI's positive impact on healthcare, education, and the labor market.
Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards
Magic Eden's latest initiatives, including an enhanced rewards program, a cross-chain wallet, and open-source protocols, aim to universalize digital ownership and transform the NFT ecosystem.
Animoca Brands subsidiary Forj Unveils $APE Accelerator to Boost ApeCoin Ecosystem
Forj, under Animoca Brands, has inaugurated the $APE Accelerator to bolster the ApeCoin ecosystem. The accelerator is now open for applications, inviting innovative Web3 projects to leverage the platform and connect with a substantial ApeCoin community. The initiative underscores a community-driven approach to enhance the utility and value of ApeCoin.
Blockchain Startup Agriledger Launches Ecosystem of Transparency and Opportunity For Haitian Farmers
UK Tech Startup, Agriledger has launched a blockchain ecosystem for Haitian farmers to add transparency to the supply chain and create fairer product pricing for suppliers and retailers.
Blockchain Intelligence Group Launches Data Evaluation Support for Dogecoin and Dash
Blockchain Intelligence Group "BIG", the cryptocurrency compliance and real-time intelligence subsidiary of BIGG Digital Assets Inc., adds the Dash and Dogecoin cryptocurrencies to its ecosystem of data tools that can be tracked and risk assessed by exchanges, banks, and law enforcement.
BNB Chain Launches "Meme Innovation Campaign" with $1M Incentive for Developers
BNB Chain's new "Meme Innovation Campaign" aims to invigorate the meme token sector by offering $1 million in rewards for developer projects until May 9.
Telecommunications Giant Deutsche Telekom Invests in Blockchain Payments Platform Celo
Deutsche Telekom, a German-based telecommunications company, has entered the crypto space by investing in Celo, a San Francisco-based blockchain payment platform that offers crypto on mobile phones.
Gateway to Earning Bitcoin: Beginners’ Guide on BTC Futures Trading
Beginners’ Guide on BTC Futures Trading
Buying Pressure Builds up on Ethereum Network, Pushing Price Above $1,300 Amid Merge News
Ethereum (ETH) experienced notable momentum that drove the price above $1,300 after news of the much-anticipated merge made the airwaves.
Social Factors Influencing the Adoption of Blockchain Technology
Some factors could be necessary to drive the increase in the use of Blockchain technology are trust in what it has to offer and the level of awareness of this technology among people.
Following Investigations in Brazil for Crypto Scams, Ronaldinho Faces Arrest for Using Fake Passport
Ronaldinho, the widely celebrated football player faces arrest for attempting to use fake passports to enter Paraguay after the scandal of his involvement in cryptocurrency scams.
Palm NFT Studio Receives $27M in Series B Financing Led by Microsoft M12
Palm NFT Studio, co-founded by ConsenSys founder and Ethereum co-founder Joseph Lubin, received a total of US$27 million in Series B financing led by Microsoft-led venture fund M12.
StarkWare to Open Source Proprietary Prover
Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.
Dutch Central Bank Grants First-Ever Crypto Service Registration
The Amsterdam Digital Asset Exchange (AMDAX) has secured the De Nederlandsche Bank (DNB) in line with EU Anti Money Laundering guidelines.
US House of Representatives Passes Blockchain Innovation Act On to the Senate
Two bills introduced by Rep Darren Soto—the Digital Taxonomy Act and the Blockchain Innovation Act—have passed the Lower House and are on their way to the Senate.
Ethereum’s Zinken Testnet Launch Is a Huge Success, Buterin Says “Scalability Will Go Up” on Eth 2.0
Ethereum developers have finally achieved a successful testnet release with Zinken.
Sui Network Redirects Additional 40M SUI, Totaling 157 Million
The Sui Foundation has redirected an additional 40 million SUI tokens towards ecosystem and community development, adding to the previous 117 million SUI, making a total of 157 million SUI. This reallocation aims to bolster the DeFi ecosystem of Sui Network, which has shown a significant uptick in total value locked, marking over 100% increase in the last two months. The initiative follows a series of remarkable achievements by Sui, underscoring its commitment to fostering a robust ecosystem for decentralized applications and financial protocols.
DeFi Derivatives Platform SynFutures Raises $14M in Series A Funding Led by Polychain
Singapore-based DEFI derivatives EXCHANGE-SynFutures announced Wednesday a Series A funding completed with a total value of $14 million.
Ripple Customers to Seamlessly Interact via RippleNet Home
RippleNet Home, an innovative product by Ripple, is set to revolutionize the way customers partner and connect on this platform. This product will also benefit companies as they will be able to get real-time insights about the performance and payment flows.
DappRadar Report Shows Prominent NFT Collections Seeing a 40% Increase Amidst a Harsh Bear Market
DappRadar, the global app store for decentralized applications that makes it easy for users to track dapp activity online, has revealed that the NFT space is defying the emergence of crypto winter, with popular blue-chip collections such as CryptoPunks, Meebits and RTFKT - CloneX Mintvial enjoying substantial floor price gains of at least 40% over the weekend.
South Korea's Crypto Tax Delayed Until Jan 2025
Crypto tax on digital assets in South Korea will be further delayed by another two years, according to an announcement from an official of the Ministry of Economy and Finance tax policy.
Cardano Releases New Daedalus Wallet for the Shelley Testnet Ahead of Shelley Hard Fork
Input Output (IOHK), the blockchain engineering company behind Cardano has released the new Daedalus wallet for the Shelley testnet, less than a week after the Cardano Virtual Summit.
ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox
Led by ING Bank, in collaboration with ABN AMRO, BNP Paribas Securities Services, Invesco US, Société Générale – Forge, State Street, and others have launched a digital asset project — Pcytor.
Crypto Market Witnesses Increase in Women Users: Report
According to a report from BTC Markets, there was a 175% increase in women crypto users last fiscal year. The percentage dwarfed the 80% increase it saw in male users.
BlazeSwap Delivers New DeFi Standard With Flare Network: a DEX offering Enhanced Organic Yields
Dubai, UAE | October 26th, 2022 — BlazeSwap is an upcoming decentralized exchange (DEX) launching on Flare Network, the new blockchain that aims to connect everything. BlazeSwap will be the first and only DEX on Flare offering users Flare’s price oracle delegation and network airdrop rewards on top of liquidity provider fees.
Vitalik Buterin Explains What’s Next for Ethereum after the ETH 2.0 Beacon Chain Launch
Ethereum 2.0 Phase 0, also known as the blockchain’s Beacon chain, was launched on Dec. 1. What's next for Ethereum after the launch?
Trump’s Proposed Capital Gains Tax Cuts Could Benefit Ethereum 2.0 Stakers
President Donald Trump has proposed a capital gains tax cut which may greatly benefit United States cryptocurrency traders—particularly those planning to stake on Ethereum 2.0.
South Korea's Top Remittance Payment Company Global Money Express Joins RippleNet to Expand Payments into Thailand
Ripple has established a connection with Global Money Express, Korea’s top non-bank remittance payment company to link with Thailand’s Siam Business Bank.
Indian Bill To Ban Cryptocurrency Excluded From Winter Parliament Agenda
The bill to ban cryptocurrency trade in India has been left of its parliamentary winter session agenda, fueling speculation that there has been a change in strategy.
Web3 Startups Witness 76% Plunge in Venture Funding in Q2 2023
Web3 startups saw a 76% drop in Q2 2023 funding, with only $1.8B raised. Despite VC downturn, Bitcoin and Ether prices surged. Future of Web3 funding remains uncertain.
Fintech Firm Cross River Raises $620M Funding, Led by Eldridge & a16z
CRB Group, Inc., the parent company of fintech company Cross River Bank, announced a $620 million investment led by Eldridge and Andreessen Horowitz.
Smart Contracts Enables Commodity Trading Transformation, GSCG Report Shows
Given that commodity trading is highly fragmented, blockchain-driven smart contracts can transform this sector by redefining market transactions and transparency, according to a Global Smart Commodity Group (GSCG) report.
Tel Aviv Stock Exchange To Launch Blockchain Based Securities Lending Platform
Israel’s only stock exchange, the Tel Aviv Stock Exchange (TASE) is on course to launch a blockchain-based platform for securities lending in the country
Bitcoin Miners are Squeezed By Lack of Data Centers Amid China's Clampdown
The clampdown on crypto mining from China has caused a shortage of space for the homeless mining machines.
China's Blockchain Initiative Hits Roadblock as Stakeholders Refuse to Share Private Data for Free
China’s blockchain initiative is going ahead full steam, but local and provincial officials are facing some resistance from stakeholders who are not enthusiastic about sharing their data.
Hong Kong, Singapore Sees Diverging Approaches to Retail Crypto Trading
Hong Kong is planning to shift to a friendlier approach towards cryptocurrencies starting next year, according to a Bloomberg report, while neighbouring Singapore is planning to impose fresh restrictions on consumers.
Hope Finance Scam Leaves Prospective DeFi Users Out of Pocket
Arbitrum-based algorithmic stablecoin startup Hope Finance loses $2 million to a smart contract attack.
Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says
During the Top CEO event in Dubai, Crypto Oasis co-founder Saqr Ereiqat opined that at least 1,000 companies will enter the crypto space in the United Arab Emirates (UAE) by the end of the year based on a fast-paced ecosystem.
AI : Experts Predict Human-Level Intelligence Within Decades
A 2023 Oxford University survey forecasts a 50% chance of AI surpassing human performance in a decade, potentially reshaping jobs and industries by 2116. This rapid AI development calls for equitable access and bias mitigation.
Will The Outcome of Biden-Trump US Presidential Race Affect Crypto?
Market experts have debated whether the outcome of today's US presidential election will affect the crypto industry.
Finland Tracks Monero in High-Profile Cybercrime Cas
Finnish authorities traced Monero transactions in the Julius Aleksanteri Kivimäki trial, highlighting challenges in tracking privacy-focused digital currencies, a significant development in cryptocurrency-related cybercrime investigations.
Over 1 Million Applicants Join Nigeria's 3MTT AI Program
Nigeria's 3MTT program, led by Bosun Tijani, is attracting over one million applicants, demonstrating the country's commitment to AI education and fostering a technologically skilled workforce.
China’s Tencent Will Invest 500 Billion Yuan in Blockchain and New Technology Infrastructure
Chinese tech giant Tencent Holdings, the owner of China’s messaging platform WeChat has announced that the company will be investing 500 billion yuan ($70 billion) in the next five years in emerging technologies including blockchain, artificial intelligence (AI), cloud computing, and cybersecurity. Tencent is aiming to strengthen the development of FinTech in China, following the push of accelerating the development of blockchain as stated by the country’s President Xi Jinping.
Coti Unveils $10M Airdrop Plan for Coti Token Holders, Amplifies Privacy in Web3
Coti, a privacy-focused layer-2 protocol on Ethereum, announces a $10 million Coti v2 token airdrop, enhancing data security across Web3.
Dunamu's Upbit Reports 81% Profit Drop in Q3 2023
Upbit's owner, Dunamu, is facing an 81% drop in Q3 2023 profits due to falling crypto prices and a sluggish investment environment.
2023 Call for Code Hackathon: AGNO, Phyto, and Synergy Squad Emerge as Winners
The 2023 Call for Code Hackathon, focusing on AI for sustainability, announced winners AGNO, Phyto, and Synergy Squad for their impactful solutions in agriculture and waste management.
Bitcoin will Reach $100K in 2022: Nayib Bukele Predicts
El Salvador President Nayib Bukele released on his official Twitter on January 2 his bullish forecasts for bitcoin in 2022. Among them, Nayib Bukele believes that the bitcoin price will reach a high of $100k in 2022.
BNB Surges Over 12% as Chain Launches Airdrop Alliance to Reward Community
BNB Chain announces the Airdrop Alliance Program to incentivize and engage its user base, with details of upcoming partnerships to follow.
Blockchain Firms To Benefit From SEC's Upward Review of Fundraising Limits For SMEs
The Securities and Exchange Commission has amended its maximum fundraising limit for Small and Medium Enterprises a move that will benefit smaller blockchain firms.
Polygon Founder Announces POL: Massive Technical Upgrade to MATIC
Sandeep Nailwal introduces the POL token, a technical upgrade to Polygon's ecosystem, revolutionizing multi-chain staking and introducing a new era in token design.
Three Ex-Citi Executives Launch Crypto Investment Firm
Three former Citi executives have started a new crypto investment firm named Motus Capital.
Australian Securities Exchange Partners with VMware to Go Blockchain in 2021
A recent press release shows a new agreement with the NYSE listed companies namely VMware and Digital Asset holding and the ASX for the replacement of the CHESS system by 2021.
OKEx Partners with Klaytn To Enhance Mass Blockchain Adoption
OKEx and Klaytn have officially joined hands as ecosystem partners who are meant to push for global adoption of blockchain technology for millions of users in the world.
Google, UK, FTX and Binance in Crypto News
Google expands its Web3 program with 11 blockchain partners, while the UK government commits $125 million to accelerate its AI readiness. FTX is set to sell LedgerX for $50 million, and Binance.US backs out of a $1 billion Voyager asset purchase, citing regulatory concerns.
Explosive Growth in TON Developer Community: A Comprehensive Analysis
TON's Q4 2023 Developer Report reveals a 22.8% increase in its developer community, highlighting over 500% growth in active developers and significant advancements in blockchain technology and community engagement.
Former Twitter CEO Parag Agrawal's AI Startup Raises $30 Million
Ex-Twitter CEO Parag Agrawal's new AI startup secures $30 million in funding, focusing on software for large language model developers. Backed by prominent investors, the venture reflects Agrawal's shift from social media to AI innovation.
Bitcoin and Ethereum Prices Unaffected Despite $150M Hack Suffered by KuCoin
Bitcoin and Ethereum prices have been reported to be unaffected by the security breach that impacted coin exchange KuCoin and that resulted in a loss of $150M.
UK Watchdog Proposes Tougher Advertising Rules
If the UK Government approves the FCA's plan, crypto businesses from abroad may have to meet additional conditions to advertise to UK clients.
Universal Carbon UPCO2: World’s First Carbon Off-Set Token Now Tradable on Uphold Platform
Universal Carbon (UPCO2), the world’s first tradable carbon token is available on Uphold to trade or to offset corporate carbon footprints, each token representing 1 ton of CO2
Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China
CEO of Ripple, Brad Garlinghouse, has disclosed how China has taken the lead in blockchain and crypto as the US risks losing out.
Twitter CEO Jack Dorsey Supports Nigerian Protest Against Police Brutality With Bitcoin Donations
Twitter CEO Jack Dorsey has supported Nigeria's EndSars campaign against police brutality with an undisclosed amount of Bitcoin (BTC), asks public for further donations.
Hedge Fund Marshall Wace Forms Workforce, Focusing on Blockchain Investments
Investment firm Marshall Wace is forming a blockchain team, focusing on investing in private blockchain-related companies.
Maximizing Returns: Strategic Insights on Selling Airdropped Tokens
CoinGecko's study on airdropped tokens reveals early selling is crucial for profit maximization, with significant gains observed in 23 out of 50 largest airdrops.
Ethereum Launches ETH 2.0 Multiclient Testnet - Medalla
Ethereum software developers proudly launched the blockchain project they have been perfecting these past few months, the Ethereum 2.0 multiclient testnet, Medalla.
Mayor of Miami Francis Suarez Accepts Paycheck 100% in Bitcoin
Francis Suarez, an American attorney and politician serving as the 43rd Mayor of Miami, announced on Twitter that he will get his next salary in Bitcoin (BTC).
Twitter Launches Verification Mechanism for NFT Avatars; Bybit Demonstrates Ambition on NFT Marketplace
Twitter said it is rolling out an official verification mechanism for NFT avatars, allowing users to set the NFTs as their profile picture.
Crypto Domains Made Available on Opera Browser Boosting Blockchain Adoption
Unstoppable Domains, a technology company building domains on the blockchain network, announced in a tweet the integration of '.crypto' domain with the Opera browser.
Discover Smodin: The All-in-One AI Writing Tool
Smodin is an AI writer and rewriter platform used by over 100,000 businesses and 30,000 universities worldwide, offering tools like AI-powered research, translation, and homework solvers, with various pricing plans.
Winklevoss Backs Ethereum DeFi Craze, Despite Crypto Downtrend and Market Experts' Concerns
With speculations that the decentralized finance (DeFi) industry is rapidly approaching bubble territory, the Winklevoss twins have vouched for the contrary, saying that the current DeFi craze is a revolution in the making.
Bitcoin Millionaires at an All-Time High as Analysts Warn of a Pullback Before BTC Moves Higher
Bitcoin’s price has remained stable overnight, currently trading at the $13,000 level. However, other cryptos have not been able to hold their strength.
Visa Approves Australian Startup CryptoSpend to Issue Debit Cards in Cryptos
The world's leading payment giant Visa approves the Australian startup CryptoSpend to issue debit cards for its customers to consume through cryptocurrencies.
BIS to Adopt DeFi Implementation in Forex CBDC Markets
The Bank for International Settlements (BIS), along with the “Eurosystem” – central banks of France, Singapore, and Switzerland will be launching a new project called “Project Mariana.”
Kitsumon Launches NFT Breeding Gameplay
Kitsumon has announced the launch of its Breeding Mainnet, showing the significant progress made by the game project since its testnet announcement back on the 14th of June 2022, and hundreds of users testing this Gameplay aspect within this period of time also, which is now available.
Fantom (FTM) Foundation CEO Reveals Exciting Plans for Sonic's Launch and Future Development
Michael Kong, CEO of Fantom Foundation, has unveiled the highly anticipated launch of Sonic, a groundbreaking blockchain technology that promises unparalleled scalability and security. With plans to create a shared sequencer for L1 and L2 chains and introduce simplified staking and liquid staking support, the Fantom team is poised to revolutionize the world of blockchain. Stay tuned for more exciting updates and partnerships in the coming weeks.
Polygon Co-Founder Proposes zk-Powered ApeChain
A proposal for developing a dedicated Layer-2 chain, ApeChain, to support ApeCoin ecosystem’s growth was made within the ApeCoin DAO community by Sandeep Nailwal of Polygon Labs. The initiative aims to solve scalability issues and promote ApeCoin-integrated projects through a collaborative effort between ApeCoin DAO and Polygon Labs. Estimated at an annual cost of $200,000 funded by ApeCoin DAO, the proposal garnered support as well as raised concerns and queries from the community regarding its financial, technical, and strategic aspects.
World Wide Fund for Nature in the Philippines to Create Blockchain-Powered Fish Traceability App
The World Wide Fund for Nature (WWF) Philippines has teamed up with UnionBank, a digital wallet, to create a blockchain-powered app dubbed Tracey to offer financial support to local fishers, as well as propel traceability and transparency in the fish supply chain.
Talent Protocol supports the next generation of builders through the acquisition of Agora Labs
Talent Protocol, the web3 professional community for high-potential builders, has acquired Agora Labs, a social token and NFT infrastructure platform for creators to build and scale their communities. The acquisition will not only integrate Agora’s tech stack and community into Talent Protocol, but also onboard its young talented founders, Matthew Espinoza (CEO) and Freeman (CTO) into the team.
PANGU Announces 'PANGU ECOLAND' NFT drop from June 14
Hong Kong-based and the Metaverse-driven startup agency PANGU by Kenal (PANGU) announced that it will be launching the 'PANGU ECOLAND' NFT drop from June 14 at 11pm local time.
Former South Korean Deputy Minister Yong-beom Kim Joins Blockchain Research Institute
Yong-beom Kim, former first deputy minister of the Ministry of Planning and Finance of South Korea, will join Hashed Open Research, a blockchain and digital technology research institute, as CEO.
U.S. IRS Chief Requests More Power To Collect Crypto Transfer Data
U.S. Internal Revenue Service Commissioner Charles Retting told Congress that the authority needs more permission to collect cryptocurrency transfer data, Reuters reported Tuesday.
Ethereum’s Vitalik Buterin: Centralized Digital Currencies Without Privacy Are a Huge Step Back
Vitalik Buterin the Ethereum co-founder believes that mainstream adoption of digital currencies is inevitable, with or without blockchain, but will that currency be sovereign, corporate or decentralized?
Dragonfly Capital Completes $3.5M Seed Round Funding For Debt DAO
Dragonfly Capital completed a $3.5 million seed round for crypto credit protocol Debt DAO, according to a press release.
TomoChain Prepares for Zorro Network Upgrade
Smart contract platform TomoChain today released details of an upgrade to its network. The Zorro Network upgrade will take place on January 22nd and will improve the functionality of the Ethereum Virtual Machine (EVM) — a collection of nodes that ensure security for the Ethereum network.
Bitmain's Board Makes Decision Ousting Co-Founder Ketuan Zhan
Bitmain has changed its company structure in the registration filing with government agencies. Leading to Wu becoming executive director and legal representative of the company.
Astar Network To Launch Smart Contracts 2.0 on the Mainnet on April 6th
Astar Network, a smart contracts platform for multichain, is thrilled to announce that it will launch Smart Contracts 2.0 – the WebAssembly (WASM) smart contracts that extend the Web3 functionality of EVM – on the mainnet at 14:00 UTC on Thursday, April 06th. With this technical update, Astar Network will support both Ethereum Virtual Machine (EVM) and WASM VM smart contracts on the mainnet.
Ukraine Receives Military Supplies via Crypto Donation
Ukrainian deputy minister Bornyakov said that as much as $15 million in military supplies had been received recently. The funding was thanks to crypto donations from various crypto organizations.
10,000 New Blockchain Companies Founded in China Despite COVID-19
COVID-19 has not prevented blockchain companies in China from emerging at a dramatic speed.
Paradigm Targets Record-Breaking $850M Raise for New Crypto Fund
Paradigm is in talks to secure up to $850 million for a new fund, potentially marking the largest crypto-focused fundraise since May 2022.
Ethereum Dominates Bitcoin on CEX.IO Crypto Exchange
Chief Technology Officer of CEX crypto exchange has reported that Ethereum (ETH) on its platform has spiked up in the past week, as opposed to Bitcoin.
Kompute Seeks to be the “AWS” of Decentralized Cloud Computing
Kompute, a blockchain company based in Estonia, intends to render significant control and anonymity in cloud computing through a decentralized model explicitly created for Web3.
NBA Sacramento Kings Leverage Blockchain for Authentic In-Game Gear Purchases
Sports teams continue to adopt and implement blockchain into their business models, helping fans and security.
Billionaire Shark Tank Investor Mark Cuban Changes Tune on Bitcoin as Store of Value
Mark Cuban, a billionaire entrepreneur who is famed for his investor role on Shark Tank - where aspiring entrepreneurs pitch their business models -has watered down his Bitcoin criticism as he views it as a store of value.
What is InstructGPT and Key Differences from ChatGPT
InstructGPT is a refined version of OpenAI's GPT-3 model, focusing on ethical and accurate user command execution, aligning responses with user intent, unlike ChatGPT's conversational agent approach.
Five Reasons Behind Ethereum's Rally to Top $3000
Ethereum broke the $3,000 mark after a rocky April. Its market capitalization now surpasses that of the Bank of America.
Hong Kong Outlines New Rules For Crypto Futures ETF Issuers
The Securities and Futures Commission (SFC) of Hong Kong, on Monday, published a detailed circular of the requirements exchange-traded fund managers need to meet to list their crypto products in the city.
The First Pocket Gamer and Blockchain Gamer Connects Hong Kong Wows the Crowds
The temperature outside may have been in the high 30s, but that was nothing compared to the white-hot talks and meetings taking place inside Hong Kong’s awesome Cyberport venue on 17-18 July, at Steel Media’s inaugural Blockchain Gamer Connects and Pocket Gamer Connects in East Asia.
Block's Q2 Earnings Beat Expectations
Block, formerly Square, generated $4.4 billion in total revenue in the second quarter of 2022, beating FactSet's average analyst estimate of $4.3 billion.
What Is Tome AI?
Tome AI is an AI-powered platform for generative storytelling. It creates narratives and presentations, integrating interactive content and offering mobile-responsive layouts. It's used for creating decks, roadmaps, and more.
Chelsea Football Club Owner Abramovich Confirmed as Investor in Telegram's 2018 ICO
The US Securities and Exchange Commission’s (SEC) investigation into Telegram’s $1.7 billion initial coin offering (ICO) in 2018 has revealed that some very big names took part in the unregistered offering.
Kraken Launches Kusama Parachain Auction Platform,Driving it Surging by 19.07%
Cryptocurrency exchange Kraken official announced to launch of the Kusama Parachain Auction platform. Kraken will support users of the exchange to bid on the Karura and Shiden projects.
Ethereum Devs Launch Spadina Testnet, What Needs to be Perfected for ETH 2.0?
Ethereum developers have launched a short-term testnet, dubbed Spadina, in preparation for Ethereum 2.0 mainnet.
Chainlink (LINK) Achieves New Record High - What's Next?
Chainlink (LINK) hit a new record-high of $42.19 today, amid the oracle network's partnership with fintech company NCFX.
Crypto Adoption in Latin America: A Tool Against Economic Woes and Authoritarianism
The cryptocurrency landscape in Latin America, particularly in Argentina and Venezuela, is evolving as a mechanism to counter economic and political adversities. While Argentina sees crypto as a bulwark against economic instability, Venezuela is utilizing it as a tool for humanitarian aid and resistance against authoritarianism. The divergent crypto adoption narratives in these nations underscore the asset class's potential to address complex societal challenges.
BIS Newest Quarterly Report: What Potentials Do CBDCs and Distributed Ledger Technology Hold?
The Bank for International Settlements (BIS) has released its newest quarterly report on the changes in the payment industry, including the market impact of the recent coronavirus outbreak. Some of the trends mentioned in the report include stablecoins, tokenized securities, central bank digital currencies (CBDCs), cross-border payments, and peer-to-peer payments.
Cardano Founder Charles Hoskinson Addresses an Alleged ADA Scam in China
Scammers are capitalizing on the recent success of Cardano’s native altcoin, ADA, and using it for their own personal gain. For the first time in over a year, ADA has moved above $0.10, and has picked up by over 200 percent.
Ripple Most Likely to Relocate Blockchain Firm to Japan Over Other Countries, Says SBI Holdings CEO
It appears that blockchain firm Ripple Labs may favor Japan over other locations when considering new headquarters outside of the United States.
Coinshift Integrates Superfluid to Automate Crypto-Native Payroll with Ongoing Money Streams
Coinshift’s native integration of Superfluid Protocol allows DAOs and web3 businesses to automate payroll with money streams, saving HR managers time and cognitive effort
Tencent, Huawei, and Baidu Executives to Join China’s New National Blockchain Committee to Set Industrial Standards
The Chinese central government has put together a national blockchain committee to work on setting industrial standards. The Ministry of Industry and Information Technology (MIIT) issued a notice on April 13 of the “Public Notice on the Formation of a National Blockchain and Distributed Ledger Technology Standardization Technical Committee.”
Tik Tok Pushes Harder for Blockchain Despite Vulnerabilities in Core System
Hundreds of millions of users are using Tik Tok, meaning that any breach of data could lead to serious vulnerabilities for users and the company.
Ethereum 2.0 Testnet to Launch: Can the Blockchain Network Keep Up With the Surge in Demand?
With the number of transactions on Ethereum recording an all-time high and shooting up over the past few months, crypto experts are speculating on whether the network can keep up with the high demand whether its scalability is reliable enough.
Significant Crypto Hacks in December 2023, with Orbit Bridge Exploit Leading the Surge
In December 2023, a significant increase in crypto thefts was triggered by an $81.5 million attack on Orbit Bridge, marking one of the largest attacks on cross-chain bridges in recent years.
Over 220 Web3 Companies Settle in Hong Kong, Boosting Virtual Asset Development
Hong Kong has welcomed over 220 Web3 companies from 20 countries and regions, focusing on sectors like virtual asset exchanges, blockchain infrastructure, network security, and payment services, aiming to balance development with regulatory frameworks.
Fan Token Issuing Startup Socios.com Receives Italian Regulatory License
The sports-based fan token market has surpassed $440 million since football fans' blockchain app Socios.com announced it has received regulatory approval from the Italian government, up 97% from the previous month.
Binance Lists the Nigerian Naira on its Exchange Platform in Partnership with Flutterwaves
Binance has announced its listing of the Nigerian Naira on its exchange in collaboration with Flutterwaves, a Nigerian company that is poised to help banks and businesses build secure and seamless payments solutions for their customers.
Bridging the Accessibility Divide in AI: New Study Insights
New study highlights the need for inclusive design in AI-powered information systems, vital for users with low literacy.
BlockSec Launches Phalcon Fork for Private Chain Collaborative Testing
Blockchain security firm BlockSec has launched the Phalcon Fork toolkit for collaborative testing on private chains forked from the Ethereum mainnet. The toolkit provides more control for developers over testing, analysis, and debugging of transactions, while retaining services and states from the Ethereum mainnet. It also includes an integrated faucet for free fork network Ether (ETH) and Fork RPC for integration with Ethereum Virtual Machine-compatible development frameworks.
Terra Expands Stablecoin Reserve by Purchasing $100m worth of Avalanche Tokens
The Luna Foundation Guard (LFG), primarily focused on the Terra blockchain, expands its TerraUSD (UST) stablecoin reserve by purchasing $100 million worth of Avalanche tokens.
Bybit-Backed Gaming Platform Enters the Web3 World for Enhanced Experience
Yeeha Games, a $50 million-funded GameFi platform backed by crypto exchange Bybit, has entered the Web3 world to act as the bridge between gaming and finance (GameFi) and traditional gaming.
South Korean Court Apprehends Crypto Assets of “Nth Room” Ringleader
A South Korean court has frozen 15 cryptocurrency wallets belonging to Cho Ju-bin, the orchestrator of the “Nth Rooms” scandal. It came to the limelight following a national outcry following the sexual exploitation of underage girls by Cho Ju-bin and his team who was named and paraded through the Korean streets to face the public in March.
Leumi to Become 1st Israeli Bank Facilitating Crypto Trade
Bank Leumi's digital platform Pepper Invest announced that the bank is set to become the first Israeli bank to facilitate cryptocurrency trading - following a partnership with US blockchain firm Paxos.
How Does MakerDAO Stay Compliant on over 400 Global Partnerships?
MakerDao has over 400 global partnerships active throughout the world. So how does Maker manage to remain compliant with users in over 120 separate and specifically financially regulated jurisdictions?
Demand for Blockchain Courses Available at 56% of the Top 50 Universities
Cryptocurrency trading platform Coinbase brought to light new research highlighting 56% of the top 50 universities now offering one or more classes on cryptocurrency and blockchain technology.
Global Shipping Business Network (GSBN) Bullish on Blockchain
Hong Kong-based nonprofit consortium Global Shipping Business Network (GSBN) remains optimistic about the potential of blockchain in logistics, with a platform that rivals Maersk's TradeLens. Major shipping partners like Cosco and Hapag-Lloyd have already joined, with a permissioned blockchain allowing only authorized parties to access data. Despite past failures, GSBN CEO Bertrand Chen believes blockchain has yet to fully catch on and its adoption may take another decade.
DeFiChain’s DFI Token Starts Trading on the Gate.io Exchange
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, today announces the listing of its DFI token on Gate.io, one of the world’s leading cryptocurrency exchanges. This is a major step in DeFiChain’s mission to make DFI accessible to investors worldwide.
Abacus Life Partners With Blockcerts to Introduce Blockchain-Powered Insurance
Abacus Life Settlements, a buyer of life insurance policies in the US, has teamed up with BlockCerts to introduce blockchain-enabled insurance and longevity-related assets.
Cardano’s Shelley Mainnet Enters Epoch 3 With Two Major Milestones Accomplished
The Cardano Shelley mainnet has already reached two significant milestones ahead of epoch 3 — reaching the target of 1,000 registered stake pools and having the first block produced by an external party other than Input Output Hong Kong (IOHK) and Emurgo.
Chainalysis Finds Ownerships of Web3 DAOs Are Not Actually Decentralized
Chainalysis research study shows that most DAOs are not actually decentralized as they are intended to be, instead, they are normally controlled by a few founder members. In fact, they are designed to prevent an accumulation of power by a few members.
Acala Network's aUSD Depegged from Dollar Mark after Breach
Acala Network's stablecoin was depegged from the dollar mark on Sunday following a breach. A vote was proposed to pause operations on Acala after it noticed configuration issues regarding the Horizon protocol, which affects its stablecoin aUSD.
US FinCEN Files Show Deutsche Bank Tops List of Suspicious Transactions, So Cut Bitcoin Some Slack
German central bank, Deutsche Bundesbank appears to have facilitated over one trillion dollars of suspicious transactions flagged by US FinCEN.
Democratization of Digital Technologies: Crypto ATMs
Greater accessibility for everyday people to digital technology is the key to breaking the concentrated asset control of states and governments. To ensure a long and prosperous evolutionary life for blockchain technologies, a good diffusion signal can definitely be the increasingly growing installation, around the world, of Crypto ATMs. What they are and how they work?
Binance Partners with Brave to Enable Seamless Crypto Trading on Web Browser
Crypto giant Binance partners with blockchain-based web browser Brave. Such a partnership enables over 12 million monthly Brave users to obtain deposit addresses, view their crypto balances, and sell, buy, and trade crypto assets without leaving the browser.
Cryptocurrency exchange Huobi Global is seeking a license in Hong Kong
Singapore-based cryptocurrency exchange Huobi is considering expanding into Hong Kong, where regulatory changes are underway.
Upcoming Movie Storyline Focuses on Anonymous Bitcoin Creator Satoshi Nakamoto
Decrypted, a movie speculated to be released by December 1, 2020, focuses on Satoshi Nakamoto’s persona as part of their story outline.
Usain Bolt Partners with Step App to Propel Healthier World
Usain Bolt, the 8-time Olympic gold medalist and 11-time world champion, has teamed up with Step App to take fitness and exercise a notch higher by incorporating Web3 and the metaverse.
Charles Hoskinson: Elon Musk Could Have an Opinion on the Cardano Network with its Delegated Democracy Governance Model
Input Output (IOHK) CEO and founder of Cardano Charles Hoskinson recently discussed the future of governance on the Cardano network in his YouTube video. The problem with governance is when large actors are able to decide, they could transform a protocol into something that would preserve the monopolies they already have.
Google Play Embraces NFT Games
Google Play Store has announced that it will now allow video game publishers to sell nonfungible token (NFT) games on its platform. The announcement was made on July 12, 2023, by Joseph Mills, the store’s group product manager, marking a significant step towards the integration of blockchain technology in mainstream gaming.
Digital Asset Income Application Finblox Completes $3.9M Funding in Seed Round
Hong Kong-based digital asset income application Finblox announced the completion of a $3.9 million seed round.
JPMorgan Blockchain Spin-Off Kadena Releases Blockchain-Based App that Verifies Coronavirus Tests
Kadena launches a blockchain-based app that compliments COVID-19 testing, in a united effort to prevent data falsification.
Kitsumon launches NFT land sale in partnership with top NFT and Gaming platforms
Professions will allow players to explore a massively multiplayer world where players can use their land to level up their character in 6 different roles, such as farming, cooking, fishing, mining, crafting and alchemy. A full overview of professions can be found here.
Turkey Names Blockchain Expert to Central Bank Committee
Turkey's central bank embraces blockchain with the appointment of crypto expert Prof. Fatma Ozkul to its monetary policy committee.
Bitcoin Dips to Lowest Level in Five Months below $39K
It is the second time this year that bitcoin has fallen below $40,000 hitting $38,642 mid-way through the Asia trading session.
MicroStrategy To Sell $1B in Stock for More Bitcoin
MicroStrategy Inc. (MSTR) filed a shelf registration to the U.S. Securities and Exchange Commission (SEC) on Monday, intending to sell as much as $1 billion in common shares for general purpose, including purchasing more Bitcoin.
Digital Asset Firm Castle Island Ventures Raises $250M to Target Web3 Crypto Startups
Digital asset company Castle Island Ventures completed the largest financing in history, up to $250 million to invest in startups focused on building currency networks, financial services and Internet architecture.
Huawei Files Patent For Blockchain Ledger Storage and Device
Chinese technology giant Huawei has applied for a patent on a new blockchain-based storage systems.
SAMA is Ramping Up Its Research into Central bank digital currencies
SAMA is expanding its central bank digital currency study (CBDCs). Saudi Vision 2030 aims to diversify the economy, decrease oil dependency, and improve public services.
London is the Next Station for The Internationally Overarching Blockchain Summit
As the Most Prodigious and the Largest Blockchain & Crypto Conferences Hub, Blockchain Economy Summit has just successfully finished its Most Global Blockchain Event Ever in Dubai, UAE on 4-5 October, 2022 with more than 3000 profoundly gratified attendees from 74 countries all over the world. Blockchain Economy Dubai Summit hosted dozens of sponsors like GARI, Chingari, NAGAX, Codego, Point Network, Gton Capital and many more at this astounding 5th Edition of the Blockchain Economy Summit.
BIS Economist Proposes "Embedded Supervision" to Enhance Transparency of Tokenized Markets
Economist Raphael Auer of the Bank for International Settlements (BIS) has championed distributed ledger technology (DLT) as a way of supervising financial market risks.
Betmatch Employs Blockchain to Revolutionize Sports Betting
Betmatch views blockchain as the perfect technology needed in revolutionizing the sports betting sector based on the decentralized ledger network availed. Blockchain will provide every bettor with optimal transparency as he/she can see the entire bet terms.
Why Bitcoin Has Threatened US Dollar Dominance and Federal Reserve
How Bitcoin has threatened US dollar dominance and Federal Reserve power, and has been reducing the role of the government in issuing money.
Walmart Files Patent Introducing Its Own Digital Currency
Walmart has filed a cryptocurrency patent to develop its own U.S dollar-backed digital currency similar to Facebook’s Libra.
Binance Integrates AI Chatbot ChatGPT into Its Education Platform
Binance, the cryptocurrency exchange and blockchain developer, has integrated the AI chatbot ChatGPT into its education platform, Binance Academy. The new AI-driven tool, known as Binance Sensei, sources answers from Binance Academy's education platform using machine learning to help users answer questions related to Web3. However, the integration of AI in education has sparked concerns about the potential misuse of the technology.
Chinese Government to Consider Cross-Border East-Asian Stablecoin for Hong Kong Amid Implementing Controversial National Security Law
Chinese officials to consider a cross-border stablecoin in Hong Kong, to facilitate a cross-border payment network between three Asian countries, and four currencies China, Japan, and South Korea. The world’s second-largest economy is aiming to build Hong Kong into an international financial center in the digital economy era. At China’s annual “Two Sessions,” also known as the National People’s Congress, China’s most important annual political event in Beijing, officials set the decision to impose new national security legislation on Hong Kong.
Digital Yuan Transactions Overtakes Visa during Beijing Winter Olympics
According to a Wall Street Journal, at the opening ceremony of the 2022 Winter Olympics in Beijing, the number of transactions using the digital yuan greatly exceeded that of Visa.
FTC Investigates Big Tech's AI Investments
The US FTC is conducting a thorough investigation into the partnerships and investments between tech giants like Alphabet, Amazon, Microsoft, and AI startups like OpenAI and Anthropic, focusing on their impact on market competition and innovation.
Shiba Inu Shibarium Introduces Wrapped BONE and Hosted Blockscout Explorer
Shibarium has 1 million wallets and near 1 million transactions. It launched a hosted Blockscout explorer and expanded its token bridge to include various tokens. The Wrapped BONE contract has been verified, and Shibarium plans to renounce the Bone contract.
Dave Portnoy Offers to be The Savior of Bitcoin and Chainlink (LINK), Angering Crypto Twitter
After declaring that he may be quitting crypto trading altogether, Dave Portnoy is now hinting that he will “save Bitcoin and crypto.”
Crypto Firms Join Forces to Push for Stratum V2 Bitcoin Mining Upgrades
Spiral and Braiins lead efforts along with an industry working group to upgrade the current Stratum V1 protocol for miners.
Worldcoin Protocol Undergoes Comprehensive Security Audits
Worldcoin, a blockchain-based protocol that integrates both off-chain and on-chain components, a proof of humanity protocol co-founded by Sam Altman of OpenAI, recently underwent two separate security audits.
ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash
Christine Lagarde, President of the European Central Bank (ECB), said that a CBDC or digital euro would most likely work in tandem with fiat currency, not replace it.
Ethereum Whales Buy Dip, Increasing Holdings by 180,000 ETH
Ethereum whales took advantage of the recent dip by increasing their holdings by 180,000 ETH.
Leaked EU Commission Draft on Crypto Assets Law: How Will Cryptocurrency be Regulated?
A leaked European Union legislative draft on digital assets reveals the country's plans for cryptocurrency trading and issuance across the nation.
China Tightens Regulation on Tech Industry, Sinking Alibaba and Tencent Stocks on Single’s Day
China's regulatory clampdown on the technology industry has resulted in Chinese tech shares' underperforming on the stock market.
Fonbnk and Tanda Partner to Launch Airtime Trading Marketplace in East Africa
Fonbnk and Tanda have partnered to launch an airtime trading marketplace in East Africa, allowing micro-entrepreneurs to earn revenue and store their profits in dollarized stablecoins. The partnership increases liquidity in the marketplace through the buying and selling of prepaid airtime for profit, providing more earning opportunities and creating a growth flywheel effect through improved liquidity and marketplace efficiency.
Chinese City Eyes Blockchain Applications for Urban Governance and Smart Education
Chengdu, the capital of China’s Sichuan province, aims to develop blockchain applications to revolutionize cross-border trade, urban governance, and smart education by 2022.
Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”
Ashok Venkateswaran, Mastercard’s Blockchain and Digital Assets Lead, Asia Pacific shares insights on the payment giant's new blockchain and digital initiatives.
China Unlikely to Approve Oracle and Walmart’s TikTok Deal – Blockchain and Bitcoin Implications
China appears to be on edge regarding Oracle and Walmart’s deal with parent company ByteDance for TikTok’s US operations, calling it an “unfair deal.”
FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI"
The Financial Stability Board (FSB) has announced its 2024 Work Programme, focusing on crypto regulation, AI, and digital innovation, aiming to enhance global cooperation and stability in finance.
Why Upland’s Virtual Land NFTs Are The Future Of Crypto
The asset class of non-fungible tokens (NFTs) is quickly growing and coincides with the rise of parallel worlds where people are spending more of their time and money.
Thai Central Bank Urges Less Engagement With Crypto, Other Sectors See Otherwise Instead
Due to the volatile nature and potential risks to the financial and payment stability of cryptocurrencies, the Bank of Thailand (BOT) has urged commercial banks to stay away from trading with digital assets.
Malaysia's National Stock Exchange Conducts Blockchain PoC to Digitize Bond Market
Malaysia’s national stock exchange, Bursa Malaysia will conduct a blockchain Proof-of-Concept (PoC) dubbed "Project Harbour" to explore the DLT management of the country’s bonds market.
Fed Governor Warns ECB Forum that Libra Risks are Immense
The Governor of the Federal Reserve, Lael Brainard warned a European Central Bank (ECB) forum in Germany, that the risks posed by the potential mainstream adoption of the Facebook proposed stablecoin Libra, are too immense.
Blockstack PBC Files Annual Report with SEC
Company releases most comprehensive report since the first-ever SEC qualification for its token offering last year
Thailand's Commercial Bank SCB Terminates Deal to Acquire BitKub Crypto Exchange
Siam Commercial Bank (SCB), the oldest commercial banking institution in Thailand has announced the effective termination of its proposed deal to acquire the BitKub exchange.
Helium Network Raises $111M through Token HNT Sale, Hitting a Three-month High
The Helium network, supported by Andreessen Horowitz, raised $111 million through the sale of its native token (HNT). HNT rose by 25.78% within 24 hours, and the price hit a three-month high.
What is ChatPDF?
ChatPDF is a platform using ChatGPT technology to process PDFs, catering to students, researchers, and professionals. It offers summary and Q&A, multi-language support, cited sources, and high security. It caters to students, researchers, and professionals, offering exam preparation, homework assistance, and understanding complex study materials. Pricing plans include a free plan and a premium plan. ChatPDF is intended for users aged 13 and above, and its terms of service and privacy policy outline its commitment to user privacy.
China to Strengthen Artificial Intelligence Development with New Legislation
China has included a draft AI law in its legislative agenda for the State Council in 2023, which will be reviewed by the National People's Congress.
Amazon CEO Jeff Bezos is Worth More Than Bitcoin’s Market Cap
It was recently announced that Amazon CEO Jeff Bezos’s wealth has surpassed that of Bitcoin’s market cap, meaning Bezos’ wealth has soared up to $171.6 Billion—the icing on the cake to top off his pre-divorce financial record.
Walt Disney Seeks Attorney to Explore Emerging Technologies in NFTS
Walt Disney Company is hiring a deal attorney to explore emerging technologies, including NFTs.
USDT Sees Rise on Ukraine's Kuna Exchange Following Russia Attack
The price of Tether's USDT stablecoin soared to 36.97 Ukrainian hryvnias (UAH) ($1.23) on Ukraine's Kuna exchange on Thursday, following the ongoing invasion from Russia.
WEF Launches Coalition to Deal with Climate Change through Web3.0
The World Economic Forum (WEF) has established a Crypto Sustainability Coalition to investigate the capability of Web3 in tackling climate change.
Jul 13 Trading Analysis: Dont confuse the lack of volatility with stability
BTC has been relatively unaspiring this weekend as ALTs continue to steal the limelight with LINK, Tezos, and Defi names making good gains. For example, ChainLink has hit an all-time high over the weekend with the market pundits citing near record network usage and mainstream adoption (over 45 partners since April). Strategy: Continue to load up BTC options 8-8.5k puts,,,,,
Bitcoin Price Will Ignite on September 7, Says Former Prudential Securities CEO and New Bitcoin Bull George Ball
George Ball the former chief executive of Prudential Securities and current chairman of Sanders Morris Harris has joined the growing list of traditional financial industry experts to advocate for Bitcoin as a safe have asset and hedge against inflation.
Hong Kong Firm Prima Asia to Launch Blockchain Payment in APAC
Hong Kong-based startup Prima Asia Limited said it will launch innovative blockchain payment technology in the Asia-Pacific region this year.
Tim Cook Says 'No' to Apple Launching Crypto Similar to Libra
Tim Cook, CEO of Apple made his remarks against launching an Apple cryptocurrency, the main reason is that companies should not be focusing on gaining power by establishing competing currencies.
Thai SEC Regulates Crypto Custody Providers
New crypto custody guidelines from Thailand's Securities and Exchange Commission (SEC) safeguard bitcoin investors. VASPs must put up a digital wallet management system to ensure efficient custody under the new laws. Designing, implementing, and maintaining digital wallets and keys need VASP policies.
Stanford University's Percy Liang Spearheads AI Transparency Initiative
Stanford's Foundation Model Transparency Index highlights a significant transparency gap in AI foundation models, highlighting the need for enhanced practices and regulations.
Cypher Capital Rolls Out Worth $100m Blockchain and Digital Assets Fund
To expand the blockchain ecosystem, UAE-based venture capital firm Cypher Capital has launched a $100 million seed fund with a special interest in digital asset investments.
Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"
Set out to rid the decentralized finance space, free from scammers, DeFi creators tried to patent the term ‘DeFi’. However, this was short-lived as the United States Patent and Trademark Office rejected the registered application last January.
Blockchain Projects in China Are All Hype and No Chain?
Blockchain projects from the very beginning have been hyped before any real substance or proof of work. This was a trend in 2017 following countless exit scams and initial coin offerings (ICOs) that had great plans to change the world, but ultimately only changed people’s bank accounts for the worst.
Why the World Needs a Blockchain Consensus Operating System
The true potential of blockchain to transform the lives of people around the world has clearly not been realised.
Ethereum Testnet Successfully Upgrades for Upcoming Shanghai Hard Fork
Ethereum's Sepolia testnet has undergone a successful upgrade simulating the upcoming Shanghai hard fork expected to take place on the mainnet in March. The upgrade, called "Shapella", allows validators to withdraw their staked Ether and rewards on the execution layer.
Top 3 Cryptocurrencies To Watch This Week: BTC, DODO, ZEC
Bitcoin standing over the $61,781 mark will lead to other breakthroughs and will enable altcoins to surge. DODO and ZCash have rallied bullishly over the past week. Here's a deeper look into Bitcoin, DODO, and ZCash's price movements.
Polkadot (DOT) Launches Alpha Program to Foster Collaborative Building
Polkadot launches the Alpha Program, a groundbreaking initiative to foster collaborative building and lower entry barriers for blockchain projects. The program provides resources, community support, and the opportunity to shape Polkadot's future.
Binance tightens NFT rules, announces delistings and KYC
Binance has tightened NFT listings. Binance will delist NFTs having an average daily trading volume below $1,000 listed before Oct. 2, 2022. After that, NFT artists may only manufacture five digital collectibles every day.
IOTA Price Hits Three-Year High as Foundation Announces New Acquisitions
Although Bitcoin suffered a sharp correction, reaching a low of $53,000 yesterday, other cryptocurrencies such as IOTA (MIOTA) performed bullishly.
AntChain Integrates Zero-Knowledge Proof for Enhanced Privacy and Verification in Web3.0 Era
Ant Group's AntChain has announced a new architecture upgrade for its privacy collaboration platform, AntChain FAIR, introducing Zero-Knowledge Proof (ZKP) as a core technology for verifiable computation. This extends trustworthy data transfer to the verification of computation processes, data attributes, and identities.
CryptoPunk, Meebits Owners can now Create Commercial Projects With Their NFTs
The announcement comes following Yuga Labs' release of its long-awaited IP licensing deal for CryptoPunk and Meetbits NFT holders.
BitMEX to Launch BMEX Token Trading on Friday
Crypto exchange Bitmex has announced it will launch the trade of its BMEX token on 11 November.
SBI Holdings to Launch Investment Fund for Emerging Companies like Web3, AI, and Metaverse Startups
SBI Holdings plans to invest 100 billion yen in startups focusing on Web3, AI, and metaverse, with financial institutions supporting Japan's goal to nurture its startup ecosystem and enhance its Asian startup hub position.
Blockchain.com Accepts Visa Debit Cards for Crypto Payment
Blockchain.com has launched Visa debit cards to enable users to spend from their crypto balances free of charge, with the opportunity to gain cryptocurrency rewards.
NEAR Foundation Sets Up a Regional Hub in Kenya, Boosting Blockchain Innovation in Africa
NEAR Foundation has launched a regional hub in Kenya in collaboration with Sankore, an African-focused blockchain community, to trigger talent development, education, and blockchain innovation on African soil.
Ethereum's Dencun Upgrade: Catalyst for Ecosystem Expansion and Price Surge in 2024
The Ethereum network is poised for significant growth in 2024, thanks to the Dencun Upgrade, which aims to enhance network efficiency, scalability, and decrease transaction costs.
FTC Investigates ChatGPT over Consumer Protection Concerns
The U.S. Federal Trade Commission (FTC) has begun a thorough check into OpenAI, the company from San Francisco that created the well-known AI chatbot, ChatGPT.
VeChain and Alipay Join China-Australia Blockchain Supply Chain Project for Sustainable Shipping
A joint Australian-Chinese supply chain and trade finance project got a major boost last week as AliPay, Mastercard, and crypto firm VeChain joined the initiate.
Macau Likely to be Test Bed for China's Digital Yuan: Reuters
Macau is expected to be a testbed for China's digital yuan, also known as the e-CNY, as casino operators prepare to bid for new licenses in the city for the first time in two decades.
Alibaba to Bring Blockchain Technology to Chinese Shipping Ports
China is tapping into the potential of blockchain technology like none other; the country’s entrepreneurs and local governments alike have already started implementing blockchain-based projects while most of the globe grapples with legality issues.
Sparkswap Decentralized Exchange Shuts Down Citing Low User Volume
The decentralized exchange, Sparkswap which is backed by Pantera Capital has made an announcement that it is going to shut down permanently. The announcement came from the editor of Sparkswap exchange, Trey Griffith who attributed the shutting down of exchange to the low and weak user base of the exchange.
Blockchain Got Down to Business in 2019
Executives who took part in Deloitte’s survey are confident about the new and evolving use-cases of blockchain. In comparison to Deloitte’s 2018 survey, respondents report that overall corporate blockchain investment is expanding across most sectors and practical applications are gaining traction.
Ethereum Foundation Brings Blockchain to UNICEF
The Ethereum foundation team made a series of donations to the United Nations Children's Fund (UNICEF), in a move considered both charitable and good for blockchain adoption.
The Truth Behind Crypto and Online Gambling
Internet proliferation has enabled cryptocurrencies to emerge as convenient payment avenues in online gambling as hundreds of betting sites offer this option acting as the icing on the cake in this sector.
Starkware to Open Source Proprietary Prover
Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.
‘Millionaire’ Bitcoin Whales Accumulates Extra 90,000 BTC
According to Santiment, an encrypted market data aggregator, approximately 90,000 Bitcoins have been accumulated by Bitcoin whales in the past 25 days.
Significant Bitcoin Price Fall is Expected as CME Bitcoin Futures Settle Ahead of the Weekend
Wall Street’s institutional interest in cryptocurrency has been reflected by CME’s futures contracts on Bitcoin, as it can only be traded by institutional investors and professionals.
EZ Blockchain Introduces Immersion Cooled Crypto Mining Data Center Containers
Crypto Mining Company EZ Blockchain Creates Immersive Liquid-Cooled Data Center, Simultaneously Unveils Newest Product for Cooling Crypto Mining Containers, SmartBox 1500i.
Walmart Canada Delves Deeper into Blockchain with DLT Labs Tie-Up
Walmart Canada has teamed up with DLT Labs for its blockchain-driven freight and payment network that is touted to be the world’s most prominent full production blockchain solution for any sector application.
Xinyuan Employs X-Bolts Blockchain for Real Estate Transformation
Xinyuan, a real estate property manager and developer primarily operating in China, seeks to win market recognition and accelerate innovation in this sector by using the X-Bolts blockchain.
ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance
"Banks are short-sighted in determining and validating the value of the goods being financed. They have drawn a very distinctive line between Logistics and Financial institutions, where the value of the assets is entirely disconnected from the process. Thus, leaving an untapped market of unfulfilled credit demand estimated at $1.6 trillion," says ConsolFreight's CEO, Ernesto Vila.
All You Need to Know About the Silicon Valley Cryptocurrency
The rising popularity of cryptocurrency has contributed to a revolution in the digital currency industry. Currently, a U.S based venture capital firm, Andra Capital, has announced its desire to introduce its own Silicon Valley cryptocurrency to leverage its business. It is interesting to see that the company has joined the list of other enterprises like JPMorgan Chase, Arias Intel Corp, Facebook, and others that have created or in the process of creating cryptocurrencies they call their own.
NEAR Protocol Expands Gaming Ecosystem with Vortex Gaming Partnership, Strengthening Web3 Integration
NEAR Protocol has expanded its gaming ecosystem by partnering with Vortex Gaming, a Web3 subsidiary of INVEN, Korea's largest game media and community. This collaboration aims to attract more users and companies to the NEAR ecosystem while strengthening the NEAR game ecosystem. INVEN, with a monthly active user count of 7.2 million, brings valuable expertise and content to the partnership.
Canada to Become the Global Leader in the Blockchain Industry, Report Indicates
In a recently published report by the Canadian Chamber of Digital Commerce showed that Canadians in the blockchain industry are amongst the highest-earning salaries in the country. The report also noted that Canadian blockchain companies want more legal clarity, to understand where their government stands regarding regulation in Canada.
Caduceus Partners With Lord Botham To Launch Cricket Into The Metaverse
Cutting-edge Metaverse blockchain tech company Caduceus has partnered with British sporting legend Lord Botham to launch an exclusive new NFT collection on the Light Cycle platform. This bold move from the cricketing Hall of Famer introduces the world of cricket to the metaverse for the first time and showcases the endless possibilities of web3 technology.
Global Microfinance Market Projected to Reach $506 Billion by 2030
The global microfinance market, valued at $200 billion in 2022, is expected to grow to $506 billion by 2030, according to a new report by ResearchAndMarkets.com. The market is set to expand at a CAGR of 12.3% from 2022 to 2030. Microenterprises are identified as a vital growth driver for Microfinance Institutions (MFIs). The report also highlights the role of emerging technologies like AI and blockchain in shaping the industry.
What Does Oracle's TikTok Deal Mean for the US? ByteDance Confident President Trump Will Approve Deal
ByteDance is confident that its deal with Oracle tech giant for TikTok’s US operations will be approved by both Chinese and American regulators.
Will Bitcoin’s Price Touch $100,000 by End of 2021?
Will Bitcoin’s rising popularity, global uncertainties and a weak U.S. dollar drive the cryptocurrencies price to $100,000 in 2021?
Proposal to Burn 1.3bn UST Tokens Wins Approval from Terra Governance
According to CoinGecko, the total number of tokens to be burnt equals more than 1.3 billion UST or around 11% of the existing 11.2 billion UST supply.
Carl Icahn: Possibly Get Into Cryptocurrencies up to $1.5B in a ‘Big Way’
Billionaire Carl Icahn, an American business tycoon who was sceptical of Bitcoin-led cryptocurrency before revealed in an interview with Bloomberg that it may get Into the cryptocurrency market up to $1.5B in a big way.
SBI, Sygnum, and Azimut Jointly Established a $75M Venture Capital Fund for Crypto Startups
Japanese financial giant SBI Group, Swiss bank of digital asset management Sygnum, and Italy's Azimut Group jointly raised a US$75 million venture capital fund in Singapore today, aiming to invest in capable start-up companies in the digital asset field.
CleanSpark Buys 45,000 Bitmain Antminer S19 XPs for $144.9 Million
CleanSpark, a crypto miner, has purchased 45,000 Bitmain Antminer S19 XPs for $144.9 million, which will nearly double its current computing power. The first batch of 25,000 rigs will be delivered in August, with the remainder arriving in September, and they will be installed at a site in Sandersville, Georgia. CleanSpark aims to have 16 EH/s of computing power by the end of the year.
Ex-Terra Developer Somani Raises $15M for Startup
Neel Somani launched his Solana-based cross-chain modular rollup startup, Eclipse, following the collapse of TerraUSD.
Nigerians Set to Enjoy Remittances at 1% Cost Through the Strategic Partnership Between Dash And Bitfxt
According to the report, this partnership is meant to ensure that Nigeria's crypto-enthusiasts enjoy remittances at a very affordable rate. While Dash is deemed as a leading digital asset for remittances and international payments with secure, fast and affordable transactions, BITFXT a Nigerian exchange with the goal of bringing more liquidity to the Nigerian crypto market. The recent development indicates that the team has decided to bridge the gap in remittances for Nigerians through the use of Dash at a 1% cost.
Crypto.com Partners with Leading Tax Providers to Simplify Reporting Process
Crypto.com, a pioneering payment and cryptocurrency platform, has partnered with three reputable tax providers namely, Token Tax, CryptoTrader Tax, and CoinTracker for simplified tax reporting with the click of a button. This decision was arrived at following requests by the Crypto.com community to be tax compliant.
Exclusive: Arbitrage - the Key Business Opportunity Brought by Blockchain
Following the latest update of Paxful, Ray took a step back and shared to us his inspiration to set up Paxful and what he learnt from 11 failed startups! He then identified arbitrage as the key business opportunities by blockchain and instead of decentralization, peer to peer should be the core value preposition of Bitcoin!
Elon Musk and Joe Rogan Slam US Stimulus Money Printing and Incoming Inflation
Elon Musk appeared on the Joe Rogan Experience for the second time and had a few choice words regarding the coming inflation and creative monetary issuance coming into play due to the COVID market meltdown.
Crypto Miner BIT Mining Raises $50M through Private Placement to expand its Mining Business Abroad
A Shenzhen-based cryptocurrency miner, BIT Mining, announced it will raise $50 million through private placement to expand its mining business to overseas markets abroad.
Argo Blockchain Announces 1st Quarter Financial Results
Argo Blockchain has released its financial report for the first quarter of 2022. It showed total quarterly revenue of $19.52 million, up from $17.84 million in the same period last year, attributed to an increase in hash rate over the past year.
Twitter and Facebook Grilled in Senate Hearing Over Social Media Censorship of US Presidential Election
Facebook and Twitter are facing heat from US Congress for how they handled political misinformation circulating on the social media platforms.
Bitcoin Cash (BCH) Hard Forks into Two New Blockchains Following Disagreement on Miner Tax
Bitcoin Cash (BCH), a hard fork from Bitcoin, has once again split and created two new blockchains after a disagreement between two BCH clients.
DeFi Reaches Record High of $13.7 Billion in Total Value Locked
The decentralized finance sector has reached a new all-time high of $13.69 billion in total value locked (TVL).
Binance CEO CZ Discusses the Rise of the Ethereum Killer, the Binance Smart Chain
Changpeng Zhao says he has a little role to play in the emergence of the Binance Smart Chain.
Chainlink (LINK) Price Set to Reach New Highs This Quarter When Staking Goes Live
The oracle-based cryptocurrency has rallied to new highs, surging by over 9% in the past 24 hours, and over 40% in the past week.
UEFA Champions League Winners FC Bayern Munich Embrace Ethereum Blockchain for Tokenization
FC Bayern Munich, is the latest entrant in the Ethereum-based fantasy soccer game platform called Sorare, which leverages non-fungible tokens.
Coinbase Amplifies Anti-Terrorism Financing Measures Through Blockchain Analytics
Coinbase, on October 17, 2023, outlined its robust measures to curb terrorism financing and other illicit activities through a rigorous compliance framework and blockchain analytics. The discourse emphasizes the importance of regulatory clarity in the U.S to minimize offshore risks associated with digital assets. With a dedicated team and technological tools, Coinbase demonstrates a proactive approach in maintaining the integrity of the crypto ecosystem.
FlamingoDAO NFT Portfolio Valuation Touches $1B
FlamingoDAO's NFT portfolio is now worth an estimated $1 billion, DAO's members and reports from Forbes confirmed.
Citi Unveils Digital Asset Solutions with Blockchain Integration
Citi Treasury and Trade Solutions (TTS) has launched Citi Token Services, a digital asset service that integrates blockchain and smart contract technologies to improve cash management and trade finance for institutional clients. The service offers cross-border payments, liquidity, and automated trade finance solutions, aiming to improve the regulated financial system and streamline global liquidity management.
Plantoids: The Advent of New Blockchain-Based Lifeforms
Plantoids. What are they? Where do they come from? This new art project uses blockchain as a new outlet of artistic expression.
NCR Corporation Acquires Crypto ATM Provider LibertyX to Introduce a Complete Digital Currency Solution
Atlanta-based leading enterprise technology provider NCR Corporation in Georgia State announced the acquisition of cryptocurrency software provider & cryptocurrency ATM provider LibertyX.
Bitcoin’s Lightning Network Capacity Crosses 5,000 BTC Benchmark
The capacity of Bitcoin’s lightning network has crossed the 5,000 BTC benchmark, data shows.
North Island Ventures to Invest $125m in 30 to 40 Emerging Crypto Firms
North Island Ventures said in a statement that is launching a new $125 million investment fund to execute 30 to 40 early-stage investments in emerging crypto and Web3 companies and protocols.
South Korea Proposes 20% Capital Gains Tax on Cryptocurrency Commodities
South Korea’s parliament has put forward a bill that could see crypto profits taxed by up to 20% as members argue that cryptocurrencies are commodities.
Coinbase CEO Brian Armstrong Ponders Mass Cryptocurrency Adoption on Twitter
Brian Armstrong, Coinbase CEO, believes that blockchain will help the crypto space to reach 5 billion users.
El Salvador's Bitcoin Adoption Lower than Expected: Survey
The level of adoption of Bitcoin, the new legal tender in El Salvador is technically at a low ebb, at least, compared to what is being portrayed in the media, a survey suggests.
Despite Bear Market, Bitcoin Adoption Has Continued As Usual
There’s no denying the fact that the last six months have been quite brutal for the crypto market, as is made evident by the fact that the total capitalization of this rapidly evolving space has dropped from approximately $3T to $1T, representing a net loss of approx. 60%. Bitcoin, in particular, has shed 70% of its value since hitting its all-time high of $69,000 last November.
Reddit Community Points Ready for Ethereum Mainnet through Off-Chain Labs
Off-Chain Labs has announced that it has been selected to help bring the Community Points (CP) initiative of the Reddit social media network onto the Ethereum Mainnet.
Anticipation for Cardano’s Mary Upgrade Grows as It Is Hours from Launching – Here’s What You Need to Know
Cardano’s blockchain upgrade, dubbed Mary, is set to go live today at 21:44 UTC.
Astar, Kabocha Lead in Polkadot and Kusama Auctions
Bill Laboon at Web3 Foundation highlights ongoing parachain lease auctions for Polkadot and Kusama networks, highlighting Astar's strong position and Kabocha's maintaining lead. He also discusses educational opportunities and grant programs.
SEC Charges Titan Global Capital Management for Misleading Advertisements and Compliance Failures
On Aug 21, 2023, the SEC charged Titan Global Capital Management for misleading ads and compliance failures. Titan advertised a 2,700% annualized return, omitting key details. They'll pay $1.04M in penalties and disgorgement.
Fox Corporation and Polygon Unveil "Verify for Blockchain-Based Content Authentication
Fox Corporation partners with Polygon to launch 'Verify', a blockchain-based tool for authenticating digital content. Verify aims to combat AI-generated media and deepfakes, ensuring the integrity of media content in the digital age.
PSG and Juventus Fan Crypto Token Prices Surge as Binance Listing Goes Live
Binance has just listed the crypto fan tokens of football giants Juventus and Paris St-Germain—both the JUV and PSG tokens have immediately recorded a token price surge.
Ways DeFi is Changing Finance and its Stand in 2020
Decentralized finance (DeFi) is the bridge between traditional centralized currency and decentralized cryptocurrencies like Bitcoin, Ethereum. Here's how it's changing finance.
First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible
Implementing a unique new idea will be the Bank of Lithuania in introducing the world’s first blockchain – based digital coin collectible.
Yuga Labs to Raise $50m by Launching New NFT Collection "Mecha Apes"
Yuga Labs, the startup that developed the Bored Ape Yacht Club (BAYC) series of NFTs, plans to launch a new NFT series, “Mecha Apes”, by the end of this year.
LSG Group Says Crypto Exchanges Dealing in Russia Could See Setbacks
The head of the London Stock Exchange Group said that cryptocurrency exchanges engaging with Russia could see negative consequences as Western governments look for ways to tackle Moscow's invasion of Ukraine.
Solana Restores Network Outage After Successful Cluster Restart, But SOL Price Still Struggling
The major blackout, which ran for several hours, is not the first time a bug caused Solana’s network to temporarily fail.
NYSE Files Trademark Application to Trade NFTs
The New York Stock Exchange (NYSE) said it filed a trade NFT trademark application with the United States Patent and Trademark Office (USPTO) on February 10, aiming to enter the world of the Metaverse.
Galaxy Digital CEO Michael Novogratz on Bearish Bitcoin, Libra Hearing and Regulator Angst
Michael Novogratz, CEO, and Chairman of Galaxy Digital recently appeared on CNBC’s “Squawk Box” where he answered questions on Bitcoin’s bearish trend, Zuckerberg’s appearance on Capitol hill and the sentiment driving regulators of the crypto market.
BitMart to Compensate by its Own Funding, Covering Loss of Security Breach for Victims amid Hacking
BitMart CEO revealed that the company will use their own funding to cover the security breach that saw hackers withdraw about $150 million of cryptocurrencies and compensate the victims whose money was stolen.
Universal Music Label Acquires Ape NFT to Build Virtual Music Group
Universal Music Group has bought one of the popular NFT to build a virtual music group, according to Reuters.
Bitget U30 Hackathon Recognizes Budding AI and Blockchain Innovators
Bitget’s Under 30 Virtual Hackathon, a part of its Blockchain4Youth initiative, concluded on October 16, 2023, showcasing exemplary AI and blockchain innovations. With over 1,000 participating teams, winners were recognized across various categories, each receiving $10,000. The hackathon highlighted promising young talents, aligning with Bitget's aim of promoting blockchain and cryptocurrency adoption among the youth.
Transform Ventures Co-Invests in Alpha Transform Holdings to Accelerate Blockchain Investment
Transform Ventures has co-invested in Alpha Transform Holdings, a new holding company aiming to support the blockchain ecosystem through investments via two new funds. The merger of select assets from Transform Ventures and Alpha Sigma Capital’s parent company will amount to $100 million in assets under management, with a focus on delivering suites of products under asset management, Alpha Transform products, and Alpha Transform strategies.
Meta's Metaverse Division Reports 3rd Quarter Loss of Over $3.7B
Meta's Facebook Reality Labs division has reported a third-quarter loss of over $3.7 billion, making only $285 million, according to its earnings report released on Wednesday.
MintDice—Rolling the Dice on Trust
MintDice is an online cryptocurrency casino that leverages the immutable trust-machine Blockchain. No, blockchain does not magically turn losers into winners or improve their odds, but players on the site will be able to know for certain that the odds didn’t change mid-spin, the game was played properly, and the stakes were real on both ends.
Eastern Europe Hotbed For Darknet As Ransomware Activity Increases
A recent study from Chainalysis has found that darknet operators are responsible for a disproportionately large share of the crypto market in Eastern Europe.
Vitalik Buterin Is Named Headline Speaker at ETHToronto 2022
ETHToronto, the official Hackathon of the Blockchain Futurist Conference, is coming to Toronto on August 8-10, 2022 as part of an event that will be graced by Canada’s brightest crypto mind, Vitalik Buterin.
Wahed Projects announces Strategic Partnership with EnterMed
WAHED is delighted to announce the signing of an official partnership with technology provider EnterMed. With over 20 years of experience in Dubai and Italy, EnterMed’s team of experts specializes in value-added integrated services and real-time applications.
Turing College Receives Tezos Foundation Grant to Help Developers Enter the Web3 Ecosystem
Turing College (YC W21), an online school for web2 developers, announced it is collaborating with the Tezos Foundation to create courses focused on simplifying developers transition from web2 to web3 The Tezos Foundation provided a grant to create a one to two month specialization course on Tezos smart contracts development, featuring practical capstone projects on smart contracts, NFTs and DeFi.
UK NatWest Bank Restricts Daily Transfer Amount to Crypto Exchanges, Including Binance
To prevent the occurrence of fraud-related incidents, NatWest bank has tightened restrictions on crypto-related activities followed by the U.K. financial watchdog imposing restrictions on crypto exchanges.
Visa Integrating Cryptocurrency Services into Brazilian Banks
Visa is further expanding its cryptocurrency services. The payment giant firm is working in Brazil to integrate cryptocurrency services into the local banking system.
Prepare for Bitcoin’s Early Adopters (They’re Not Who You Expect)
As the opt-out movement gains steam, another group of people may end up pushing crypto into the mainstream: old people and business leaders.
CipherTrace Unveils New Compliance Software For Banks Against Illicit Crypto Transactions
CipherTrace launches Armada to fix the blind spot in cryptocurrency compliance
Bank of China Launches e-CNY Smart Contract Product for Off-campus School Education
The Bank of China, in collaboration with the Education Bureau and financial authorities of Longquanyi District, Chengdu, has launched an educational electronic RMB smart contract prepaid fund management product, according to Chinese news media Sohu.com.
Shanghai, China, Launches a Comprehensive Technical Initiative for the Metaverse (2023-2025)
The Shanghai Municipal Science and Technology Commission announced today the release of its "Shanghai Metaverse Key Technology R&D Plan (2023-2025)".
NFT will Become the Revenue Model of Metaverse,Co-founder of Tether William Quigley says
William Quigley, the co-founder of the stablecoin- Tether (USDT), said the business model would undergo radical changes in the future. The delivery of non-fungible tokens (NFTs) will become the revenue model of Metaverse and Crypto.
Bitcoin ATMs Reign Supreme in East and South London
The confidence of residents of East and South London has been boosted as they no longer have to fear crypto scams based on the flourishing number of Bitcoin ATMs. Based on statistics availed by BCB ATM, an operator of Bitcoin ATMs in East London, these machines are used 30 to 40 times daily.
Is Cardano (ADA)'s Addition to the Bloomberg Terminal a Bullish Signal?
On March 15, Cardano was added to the Bloomberg terminal list of support assets.
Bitcoin, Crypto and Porn: Will the Adult Industry Boost the Market?
The adult porn industry is a massive sector. Will it give crypto adoption a boost in the right direction? With many coins already in use, what has happened?
London Stock Exchange Acquires Cloud-based Tech Provider TORA for $325M
London Stock Exchange Group (LSEG) plans to buy U.S. cloud-based technology provider TORA for $325 million. The deal will add digital currency assets to its exchange to meet growing investor demand for diversified investment tools.
Crypto Exchange Zipmex Granted 3-Month Protection from Singapore Court against Creditors
Zipmex, Asia's leading digital asset exchange, said it had won creditor protection from the Singapore High Court for more than three months, gaining time to address liquidity issues.
Binance Labs Launches Season 7 of Incubation Program for Web3 Innovators
Binance Labs invites early-stage Web3 founders to apply for Season 7 of its Incubation Program, offering tailored mentorship and resources.
Crypto.com Launches Turkish Language Version of App and Crypto Exchange
Crypto.com are services for Turkey, a rapidly emerging digital market with a strong affinity for and a high adoption rate of cryptocurrency and blockchain technology.
Tether Intervenes on Terrorism Funding, Freezing 32 Cryptocurrency Addresses
Tether has frozen 32 cryptocurrency addresses tied to terrorism funding in Israel and Ukraine, manifesting the growing partnership between crypto firms and global law enforcement to combat digital-financed crime.
Unveiling the Pioneers: Top 10 Generative AI Companies to Keep an Eye On
2023 saw a surge in generative AI, with companies like OpenAI, DeepMind, NVIDIA, IBM, and Microsoft leading the way. These firms are revolutionizing industries with advancements in natural language processing, AI ethics, and diverse applications, from healthcare to autonomous driving.
Telegram's Toncoin Partners With 'Donate' for Subscription Payments
Telegram’s brainchild, TON Blockchain has partnered with the social media giant’s verified payment protocol ‘Donate’ to use its native token ‘Toncoin’ for subscription payments, amongst other things.
Hong Kong Protests Powering Through Bitcoin Adoption
The Hong Kong protests, which has now entered its 12th week, affected Hong Kong’s economy, including the property market, stock exchange, shop owners, and banks.
Naoris Protocol Secures $11.5 m Funding, Enhancing Web3 Networks Security
Cybersecurity protocol Naoris raised the funding with $11.5 million, which it mentions will enable it to revamp network security for the Web3 world.
China’s Low-Cost National Blockchain Service Network to Launch in April
The Chinese government’s State Information Center revealed its plans for its national Blockchain Service Network (BSN), aiming to provide small businesses and individuals to operate blockchain applications easily without using a private blockchain network.
Web3 Platform Angelo Prepares to Reimagine Physical Art Collection
Angelo, an investment platform tying physical fine art to NFTs, has announced its launch. The web3 platform aims to add a more tactile component to the abstract concept of NFT ownership.
Vitalik Buterin: Time will Tell Whether the Hive Blockchain will Surpass Steem
Justin Sun’s entry into Steemit is not going down well with the community. They have created a hard fork of the blockchain and named it Hive. Vitalik Buterin, Ethereum Founder, tweeted that Hive stands a test of time in demonstrating whether self-independence will be achieved.
China to Dominate Global Tech Standards? Expert says “It Would be Tough”
China announced a new 15-year blueprint as part of the country’s global technology push, to set the global standards for the next-generation of technologies, including blockchain.
CFTC’s New Chief Supports Blockchain Technology
The Commodity Futures and Trading Commissions, CFTC appointed a new chief who is also pro-crypto. Just as his predecessor J. Christopher Giancarlo, appears to have supported the established pro-crypto/pro-blockchain approach. In a recent interview, the newly appointed chief, Heath Tarbert gave a favorable opinion of blockchain technology.
Marathon Digital Says Generated 707 BTC with YoY Increase of 8% in 2022 Q2
Marathon Digital Holdings, Inc. revealed that the cryptocurrency mining firm had mined 707 bitcoins, an increase of 8% year-over-year in the second quarter of 2022.
Gemini Exchange Inks Deal with Samsung to Boost Crypto Adoption
Gemini, a leading American crypto exchange, has struck a deal with tech giant Samsung Electronics to bring crypto closer to Samsung Blockchain Wallet users in Canada and the United States. This integration will make users connected to the Gemini mobile app where they can buy, sell and trade cryptocurrencies.
OpenSea Adopts Scarcity Tracking Tool OpenRarity
Following the adoption, OpenRarity will help OpenSea to remove opacity as to how rare certain features in an NFT are. It will also further eliminate the use of third-party NFT scarcity tracking tools.
Ondo Points Program Launches
Ondo Foundation's new Ondo Points program and ONDO token unlock plan mark significant steps in community engagement and token utility in the DeFi sector.
Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency
The Thai government has remained visible as one of the leading governments committed to adopting blockchain technology. Many innovations concerning blockchain use cases can be learned from the government.
Blockchain Video Game Firm Mythical Games Lays Off 10% Of Workforce
Mythical Games has joined the rising list of tech firms reducing headcount amid recession concerns.
EPC Blockchain among 16 Startups Selected to Join EY Incubator
Big four accounting firm Ernst & Young (EY) has selected 16 early-stage startups to join its EY Foundry Cohort 5 program to propel disruptive solutions in four areas.
No Plans to Launch Crypto Platform Yet: Nasdaq
Nasdaq plans to wait for further clarity in terms of crypto adoption globally, the company’s executive vice president and head of North American markets said.
Asia's First NFT-backed ‘Crypto Keepers’ Drama Series Officially Launches
AMM Global announced a pairing partnership with Phoenix Waters Productions to launch Asia’s first NFT drama named ‘Crypto Keepers’.
U.S. Democrats Propose Bill to Restrict Russian Crypto Use amid Ukraine Crisis
U.S. Democratic senators have proposed a bill that intends to impose sanctions on foreign cryptocurrency companies that have partnerships with Russian entities, preventing them from bypassing U.S. sanctions.
19 of the World's Largest Banks Hold Nearly $9B in Digital Assets: Basel Committee Survey
According to a survey by the Basel Committee, global banks hold nearly $9 billion in digital assets, and banks holding crypto assets may account for only 0.01% of total Bank for International Settlements (BIS) exposure.
Binance CEO Highlights Disproportionate Narrative on Illicit Activities in Crypto versus Fiat Currencies
Dr. Andrzej Gwizdalski and Binance CEO Richard Teng's analysis reveals traditional fiat currencies are involved in more illicit activities ($3.2 trillion annually) than cryptocurrencies ($20 billion), prompting a rethinking of the narrative.
Paypal's Crypto Services to Land in UK this week
Digital payment giant Paypal said the company will officially launch its cryptocurrency service in the UK this week. Customers are expected to enjoy at least four cryptocurrency trading services.
HKSFC Guidance on Virtual Asset Fund Managers: The 4 Key Takeaways
The Hong Kong Securities and Futures Commission (HKSFC) released the latest guideline “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets”, providing further guidance on fund dealing and virtual asset fund management.
Bitcoin Water Trust Receives Over $1.3M BTC Donations For Charity within Three Weeks
The famous New York-based non-profit organization "Charity: water" has recently introduced the Bitcoin Water Trust establishment during the 2021 Miami Bitcoin Conference. The trust fund has received worth more than $1.3 million BTC donations within three weeks of the trust's launch.
NexChange Interview Series – Adam Vaziri, CEO of Blockpass, Part 2
“You can spend a tremendous amount of time and effort on building regulations, but you are actually looking into the rear-view mirror, as the industry has already moved on.” Sign up for Block O2O event “STO: Blockchain Powered Next-level Fintech” on Nov 5th 2019 and get to listen to Adam and Blockpass team’s vision of STO operational hurdles and solution – in person!
Mozilla Foundation Backtracks on Accepting Cryptos after Backlash
Mozilla has reversed its stance on accepting cryptocurrencies after facing backlash over concerns about the impact cryptocurrency mining has on the environment.
Dubai Economy Moves to Blockchain-Based Unified Business Registry Platform
Dubai’s Department of Economic Development has announced its move to a Unified Business Registry Platform (UBRP). The UBRP is hosted on the innovative Blockchain Platform as a Service (BPaaS) of Dubai Pulse which is a joint initiative of Smart Dubai and du.
Ethereum Price Set to See Higher Gains as ETH 2.0 Beacon Chain Genesis Expected Soon
As the ETH 2.0 beacon chain genesis is coming to fruition soon, it could be a catalyst for Ethereum’s price surge. Here's why.
North Korea Is Making Its Own Version of Bitcoin
The hermit state is reportedly in the early stages of creating its own cryptocurrency, Vice News reports.
DApps Development Platform Moralis Raises $40m in Series A Funding
Moralis, a blockchain development platform for web applications, announced the completion of a $40 million Series A round, according to Bloomberg.
Craig S Wright Challenges Cypherpunk Interpretation of Bitcoin
Dr. Craig S Wright criticizes the cypherpunk movement for misinterpreting Bitcoin's goals, emphasizing on Twitter and his blog the importance of legal frameworks in cyberspace. He highlights the growing global regulations due to cybercrime, and explores blockchain technology's potential and the necessity of legal adherence for its evolution across various sectors.
Illicit Transaction Activity Hit All-time High in Value in 2021: Chainalysis
The latest report suggests cryptocurrency-based crime hit a new all-time high in 2021, with illicit addresses receiving $14 billion in 2021, which amount was doubled to 2020, according to Chainalysis.
Meta Files for Debt Shelf Offerings
Meta, the parent company of Facebook, Instagram, and WhatsApp, has filed for new debt shelf offerings with the United States Securities and Exchange Commission (SEC). The company has not disclosed the exact amount of debt securities being offered, but it plans to issue a new prospectus supplement each time a debt security is sold.
Arab's Financial Security Publishes a Tentative Draft Resolution for Crypto Regulations
Securities and Commodities Authority in the United Arab Emirates released a draft containing their tentative resolutions on how the crypto market will be regulated.
China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides
Investment activity in China’s tech sector has seen a massive drop in the past four months since the coronavirus outbreak has emerged from the city of Wuhan. The venture capital market has been suffering a tremendous impact on its existing drop in activity.
Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000
Bitcoin price spikes as Federal Reserve officials of FOMC said they will hold US interest rates close to zero and will continue to push inflation above 2% by 2023.
BNB Chain Partners with University of Zurich to Boost Blockchain Education
Binance-backed smart contract platform BNB Chain has announced a new partnership with the Blockchain Center of the University of Zurich for blockchain education.
Retail Momentum on the Bitcoin Network Slows Down by BTC’s Sinking Social Sentiment
Crypto analyst Joseph Young noted that a slow down in retail momentum and miners moving out of China were affecting Bitcoin.
Google Creates Web3 Team to Take Advantage of Growing Crypto Popularity
To set the ball rolling in Web3, Google is assembling a team to create services for developers in this ecosystem through its cloud unit, according to CNBC.
Robinhood's Crypto Revenue Collapse, Records 78% Decrease in Q3
Robinhood Markets Inc’s crypto trading revenue has been staggering. Its crypto revenue totalled $233 million in Q2 and $51 million in Q3, marking a 78% decrease compared to the previous quarter.
Why the proof-of-work chain is a solution to the Byzantine Generals' Problem
Why the proof-of-work chain is a solution to the Byzantine Generals' Problem
OpenSea Signals Integration of Solana NFTs by April
Solana NFTs will be available for buying and selling on OpenSea's website by April, the company signalled via a video on Twitter.
Jul 17 Trading Analysis: Even the best pandemic stock couldn't move the needle on earnings
BTC continues to snooze while ALTs continue to put on their dancing shoes with some DeFi names tracking double digit gains on a daily basis this week. If DeFi isn't enough, payments segment is also getting a bid on with Stellar making an announcement that they will be made available on Samsung mobile phones. So what if crypto celebrities and company twitter accounts got hacked, Bitcoin just had another free advertising campaign courtesy of these hackers. Bank of Thailand is also making greater progress in its central bank digital currency as it heads into Phase 3.
Coinbase Considers Support for 18 New Cryptos Including VeChain, Prompting Higher Prices
Coinbase is considering adding a new range of digital assets, including VeChain, Aragon, Bancor, Siacoin, Origin Protocol, and Ren to its potential listings.
NSAV Partners with MNC to Launch First Multi-token Blockchain Home Mining Rig HIVE
Net Savings Link, Inc., a technology services company for the digital asset industry, announced a partnership with Metaverse Network LLC to release HIVE - the first multi-token-enabled blockchain home mining device.
Swiss Crypto Firm Launches Venture Fund, Supporting African Early-Stage Blockchain Startups
Crypto Valley Venture Capital's venture fund will offer early-stage financing to African blockchain startups that have the potential to benefit humanity.
Top 8 Credible Blockchain News Websites That Are Worth Reading in 2020
You might be familiar with the term “blockchain” if, during the recent years, you have been using cryptocurrency. Yet, if you search about it, you may find different definitions. We bring you one simple version: blockchain is a list of records, also known as a database or a” public book” that records bitcoin transactions.
US Regulator Crypto Custody Proposal Opposed
The US SEC's proposal to amend its custody rule has faced opposition from the Blockchain Association and Andreessen Horowitz, who have filed letters criticising the rule's impact on investment advisers and its potential to curtail investment in digital assets. The SEC's proposal would apply more stringent rules on investment advisers in the custody of assets, including crypto.
Significant Unlock of Optimism's OP Tokens Imminent, Wintermute Transfers a Large Batch to Binance
According to Token Unlocks data, a significant amount of Optimism's OP tokens is scheduled for release on May 31st. A total of 386,547,056.64 OP tokens, equivalent to approximately $587 million and accounting for 9% of the total supply, are set to be unlocked.
IBM and Oracle Collaborate on Interoperability Work for Their Blockchains to Communicate With Each Other
IBM and Oracle have announced that they are collaborating to build an interoperability initiative to allow their blockchains to be able to communicate with each other.
CertiK Outlines Mobile Blockchain Security Threats and Countermeasures
CertiK discussed security challenges of blockchain technologies on mobile platforms, including malware, insecure wallet apps, and network vulnerabilities, and provided countermeasures like reputable security solutions and regular updates.
Magic Eden (MAGIC) Launches Retroactive NFT Rewards for Ethereum Users
Magic Eden introduces a cross-chain rewards program, offering Diamonds to Ethereum users for past activities.
Neutral Third Party to Examine Celsius' Finances
A neutral third party is set to examine the finances of Celsius Network which earlier this year filed for Chapter 11 bankruptcy.
New Wave of Green Energy Programs Influence Crypto Mining Sector
The mass exodus of crypto mining operations out of China based on intensified crackdowns has triggered the urge for sustainable and environmentally friendly mining activities.
Digital Asset Investments Surge to $117 Million
Last week, digital asset investment products experienced record inflows and volumes.
Blockchain Delivers a Glimpse of Future Innovation Today
A brief look at how the energy market and consumers will benefit from blockchain technology in the near future.
Bitget Launches Blockchain4Youth Initiative
Bitget has announced the launch of its new corporate social responsibility project, Blockchain4Youth, which will provide blockchain courses and certifications, host campus lectures in partnership with universities worldwide, and incubate innovative projects by young entrepreneurs. The initiative will commence with a series of campus lectures on Web3 held in universities across Taiwan, Vietnam, and Thailand. Bitget plans to allocate $10 million over five years towards this project.
Riot Blockchain Mines 318 BTCs, Decreased 28% Compared Last July
Colorado-based bitcoin mining company Riot Blockchain Inc. announced that it produced 318 BTC in July, a decrease of about 28 % from 443 BTC in July last year.
Indian Engineering Students Develop Blockchain-based Smart Voting System
Three Computer Engineering Students have created a Blockchain-based Voting System which will allows casting of votes online, instead of the manual means of standing in a poll.
Cardano's Vasil Upgrade is Finally Complete
Cardano’s much-awaited Vasil upgrade will enable increased network capacity, higher throughput, and lower transaction costs on the peer-reviewed, proof-of-stake blockchain platform.
Blockdaemon Empowers Web3 Developers and Institutions to Run Their Own Collator Nodes on Astar Network
Astar Network, the innovation hub on Polkadot, is thrilled to announce that it has integrated Blockdaemon, the world’s largest institutional-grade blockchain infrastructure company for node management and staking, as a collator. The partnership will enable Blockdaemon’s institutional and individual users to start their own collator nodes with Astar Network.
NEOPIN Signs Strategic Partnership With Cube Entertainment
NEOPIN, a blockchain subsidiary of NEOWIZ Holdings(KOSDAQ: 042420), announced on July 7th that it has signed a strategic partnership with Cube Entertainment (hereinafter “Cube”) to establish a global blockchain ecosystem.
Bakkt Announces the Promotion of the Company’s Former Chief Product Officer to CEO
Having previously worked in Google and PayPal, Mike Blandina is to leave his position as Chief product officer of Bakkt, for his new role as CEO. The chairman of ICE has expressed strong confidence in his ability to steer the company to excellence.
China intensifies focus on blockchain despite cryptocurrency stance
China's Ministry of Industry and Information Technology aims to improve its blockchain technology standards by 2025, calling for public opinion on the draft guidelines. Blockchain is listed as a target industry for growth in the country's 5-year plan.
Breaking: Visa Expands Stablecoin Settlement On Solana
Visa has expanded its stablecoin settlement capabilities, incorporating the Solana blockchain and initiating pilot programs with merchant acquirers Worldpay and Nuvei. The move aims to modernize cross-border money movement by leveraging stablecoins like Circle's USDC. Visa has conducted live pilots, transferring millions of USDC between partners over Solana and Ethereum blockchain networks to settle fiat-denominated payments authorized via VisaNet. The new settlement options enable Visa to send funds on-chain to acquirers like Worldpay and Nuvei, serving various sectors.
Ethereum Falls Below the Short-Term Upward Trend Line - What’s Next?
With the downturn of the entire crypto market, Ether’s price has also fallen below the short-term upward trend line.
Gemini Allocates $24 Million for Expansion in India
Gemini is set to invest $24 million in its Gurgaon development center in India, focusing on core platform areas like compliance and security. The move is part of Gemini's broader strategy to tap into India's burgeoning tech and startup ecosystem.
Binance's New Blockchain Platform Aims to Build Web3 Infrastructure
BNB Chain stores storage metadata, while third-party storage providers store data.
ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite
ARK Invest and 21Shares have launched a suite of digital asset ETFs, combining crypto-specific insights with traditional investment indicators, focusing on Bitcoin and Ether futures.
Dai Stablecoin Reaches 100 Million in Debt Ceiling – An All-Time-High
The Dai (DAI) stablecoin reached the protocol’s built-in debt ceiling of 100 million as there has been 100 million Dai tokens minted. The nearly two-year-old stablecoin project had an original debt ceiling of 50 million, which was raised to 100 million in July 2018.
Facebook Blocks President Trump from Its Platform as Protestors Storm Capitol Hill
Facebook’s CEO Mark Zuckerberg announced Trump will now be blocked from using the social media platform.
UK Research Shows 66% Control of Hash Rate is Coming From China
Reporting on a study developed by UK based company CoinShares, as much as 66% of global hash rates come from and are controlled by Chinese Entities.
NFT Platform Mintable Raises $13 million in Series A Financing and will Integrate with XRP Ledger
NFT platform Mintable has received $13 million in Series A financing and will be integrated with Ripple's XRP Ledger blockchain.
Amazon Denies Accepting Bitcoin Payments, BTC Price Drops Afterward
E-commerce giant Amazon denies a rumour from media report that the company may accept Bitcoin payments by the end of this year.
Portland Trail Blazers Pairs with StormX as the First NBA Crypto Jersey Patch Partner
Cryptocurrency platform StormX announced that the company will conduct a jersey patch advertising transaction with Portland Trail Blazers.
Silvergate Bank Earns Nearly $60m in Q1, Net Income Hits $24.7m
American Commercial bank Silvergate Capital, a bank focused on digital currencies, reports financial results for the first quarter of 2022.
Bybit to List OBX Token on Bybit Launchpad 2.0
Crypto exchange platform Bybit has announced plans to list the inaugural BloxVerse platform token OBX on Bybit Launchpad 2.0.
Crypto Firms Make Job Cuts Amidst Ongoing Crypto Winter
Protocol Labs, Chainalysis, and Bittrex slashed 216 employees during the crypto winter.
Mark Cuban Discusses Dogecoin with Ellen DeGeneres as DOGE Adoption Surges
Mark Cuban has given Ellen Degeneres a brief rundown on Dogecoin and NFTs.
Israel's Stock Exchange to Launch a New Platform for Digital Asset
The Tel Aviv Stock Exchange is planning to create a crypto platform through a project that will span for 5 years
Europol Places Bitcoin Mixer Wasabi Wallet on its Radar for Promoting Dark Web Transactions
The general regulatory difficulty experienced by Bitcoin and altcoins lie in the skepticism of regulatory agencies due to their cryptographic nature. Transactions are generally obscured as privacy is the watchword. This creates a source of concern as the likelihood of the currencies being used in dark web transactions is high. Monitoring agencies have been able to fight this partly by ensuring companies or firms that will be involved with digital currencies adhere to some compliance clause.
Bluzelle Launch Looms as Decentralized Storage Goes Mainstream
Bluzelle, the decentralized data storage platform, is preparing for the launch of its mainnet on February 3, ushering in a new era for censorship-resistant data storage.
UK Group to Run Pilot Retail CBDC, Providing Data to Bank of England
The private consortium, called the Digital FMI Consortium, will carry out a real-world CBDC pilot with a ‘digital pound’ (dSterling).
TON Foundation Launches Open League with $115 Million in Community Rewards
TON Foundation kicks off the Open League Season 1, with $115 million in Toncoin rewards for community engagement and project growth on the TON blockchain.
Northern Trust Partners with NUS to Advance Blockchain for Institutional Investors
Nasdaq listed company Northern Trust (NTRS), the National University of Singapore's School of Computing (NUS Computing), and the Asian Institute of Digital Finance (NUS AIDF) have announced a series of initiatives aimed at shaping the future of blockchain for institutional investors.
Blockchain Unleashed at the United Nations General Assembly on the Global Crisis
Greta Thunberg, the 16-year-old has been on the headlines for the global climate crisis movement and has delivered a compelling speech at the 73rd United Nations General Assembly (UNGA).
Major Strip Club in Las Vegas Crazy Horse 3 Accepts Bitcoin as Payment
Las Vegas-based adult strip club Crazy Horse 3 has announced the acceptance of bitcoin as a payment method, aiming to provide customers with a more private way to enjoy facilities and services.
Hong Kong with its Incredibly Unique Positioning in FinTech
In the second part of our interview with Peter Mok, Head of Incubation and Acceleration Programs at the Hong Kong Science and Technology Park (HKSTP), he went into detail on the initiatives they have developed to combat the global talent shortage, bring Hong Kong’s lagging Fintech industry up to speed and he tells us how blockchain startups can leverage the Hong Kong-Shenzhen Innovation and Technology Park.
Bitcoin Billionaires Movie to Tell the Winklevoss Twins’ Story
The Winklevoss brothers have teamed up with Stampede Ventures to bring their best-selling biography, ‘Bitcoin Billionaires’ to the big screen.
Yat Partners With Blockchain.com to Level the Web3 Playing Field, Expand Access to Crypto
Yat , the company transforming online identities through personalized emojis, today announced its integration with Blockchain.com, one of the world’s most trusted crypto companies that helps millions across the globe safely access cryptocurrencies. The integration was announced at Yat’s Emoji Drop 4 livestream event.
Chainlink's Supply on Exchanges at a New Low Since 2017, Confidence in LINK Price to Surge is High
Chainlink’s percent of supply sitting on exchanges has seen a new low, with the lowest supply amount on exchanges seen since its ICO in September 2017
EU to Vote Restricting PoW-based Crypto Assets
The European Union could see a major change in the cryptocurrency industry as proof-of-work cryptocurrencies face an indeterminate future.
Coinbase Plans to Transition into the AWS of Digital Currencies
Coinbase’s Chief Product Officer Surojit Chatterjee announced the company’s plans to transition into the Amazon Web Services (AWS) of the digital currency ecosystem.
DBS Declines to Offer Crypto Services to Retail Customers as Regulation Stiffens
Since regulators consider crypto coins to be ill-suited for retail consumers, DBS bank said that it will not offer such products to retail-banking clients any time soon.
Tether Criticizes UN Report for Overlooking USDT Traceability and Law Enforcement Collaboration
Tether rebuts a UN report accusing USDT of facilitating illicit activities, underscoring its traceability and law enforcement collaboration, and highlighting USDT's positive impact on developing economies.
Ant Group's IPO Delay Bigger Concern for Asia Tech than US Election
Could the suspension of Ant Group’s $34.5 billion IPO have a greater impact on Asia’s FinTech ecosystem than the United States election?
Henry Cheng's owned Knight Dragon to Issue 100,000 Tokens for Luxury Real Estates in London
Hong Kong property tycoon Henry Cheng's owned Knight Dragon announced Tuesday that it plans to issue 100,000 security tokens, named KDB4 for investors to invest in real estate items in London.
Nigerian Government Enhances eNAIRA to Draw Financial Inclusion
The Central Bank of Nigeria (CBN) has announced the upgrade to its Central Bank Digital Currency (CBDC) dubbed the eNAIRA.
Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade
The XRPL's fixReducedOffersV1 amendment, which has achieved 80% consensus, is in a two-week activation countdown, enhancing DEX functionality and addressing reduced offers in order books.
Pixlr to Launch NFT-based Art Gallery With a Collection of Unique AI-generated Art Pieces
Pixlr is launching Pixlr Genesis, a decentralized NFT-based art gallery on December 1, 2021, with a collection of 10,000 unique, AI-generated art pieces.
Will A Second Round of US Stimulus Payments Mean Another Bitcoin Bull Run?
As the second round of the US economic stimulus package is about to begin, crypto experts have been speculating on whether Americans will once again redirect their stimulus checks towards Bitcoin investments.
Kazakhstan to Integrate its Digital Tenge into the BNB Chain
Binance CEO has confirmed the National Bank of Kazakhstan will integrate its Digital Tenge into the BNB Chain ecosystem
Verizon's New Blockchain Verification Tool 'Full Transparency' Combats Fake News
Verizon has unveiled a blockchain-based solution dubbed 'Full Transparency' for the verification of news and media releases.
DLT is Becoming Mainstream Among Financial Market Participants - Citi
According to a recent white paper by American multinational investment bank, Citi, the mainstream adoption of distributed ledger technology (DLT) is now growing rapidly among the financial market infrastructures and global market participants.
Elliptic Discovery Established to Seamlessly Assist Banks in Crypto-Asset Decisions
Elliptic, a London-based provider of crypto-asset risk management solutions, has revealed the launch of Elliptic Discovery, a database of more than 200 worldwide crypto exchanges, that is purposely built for banks in their quest to determine the flow of funds into and out of crypto-assets.
Tron DAO Reserve Buys $50M BTC, TRX
Tron DAO Reserve announced through Twitter that it bought $50 million worth of Bitcoin and Tron (TRX) to "safeguard the overall blockchain industry and crypto market."
Samsung Users Can Now Access TRON Blockchain Network from Their Devices
The incorporation of TRON network into Samsung smartphones not only favor users in terms of security but also it could facilitate the direct integration of crypto-wallets.
ING Poll Reflects That Austrians are The Most Skeptical Towards Crypto
A giant in Austria had revealed that Austrians are the most skeptical people towards Bitcoins and cryptocurrencies in general.
Polkadot Reports Q3 Growth: New Parachains, Staking Metrics, and Technical Upgrades
Polkadot's ecosystem saw significant expansion in Q3 2023, with the addition of five new parachains, a rise in staking metrics, and major technical upgrades. The total volume of staked DOT increased to 663 million, and the platform recorded more than 190 million on-chain events. The quarter also saw the introduction of native USDC and a 20% quarter-on-quarter rise in XCM messages.
Did Satoshi Nakamoto Move His Bitcoin Yesterday? No, But Craig Wright Shot Himself in the Foot
On Wednesday a Twitter bot reported that a Bitcoin transaction came from a wallet that possibly belonged to Satoshi Nakamoto, the anonymous creator of the network and author of the Bitcoin whitepaper. Oh and Craig Wright trips over own story,
Alibaba Group and COFCO Group Signed a Memorandum of Cooperation through Blockchain Technology
There are more and more blockchain applications. recently, Alibaba group and COFCO group signed a blockchain-based memorandum of cooperation.
1.1m XRP Tokens Dumped by Ripple Co-Founder Jed McCaleb
Ripple co-founder Jed McCaleb resumed selling his Ripple reserves and liquidating 1.1 million Ripple, leaving only $17 worth of XRP left in the account.
Bakkt Platform Launched: Trades 71 Bitcoin Futures Contracts in 24 Hours
ICE’s historical data on Bakkt’s Bitcoin/USD futures contract trading reveals that the platform traded 71 BTC at press time, with the last trading price recorded at $9,875 per Bitcoin.
BNB Chain and MetaMask Resolve Glitch Affecting opBNB Gas Fees
BNB Chain and MetaMask have successfully addressed a glitch that led to the display of inflated gas fees for opBNB transactions. The issue was rooted in MetaMask's default algorithm, which set a minimum recommended gas price based on averages across various Layer 1 and Layer 2 networks. This has been corrected, and users can now benefit from opBNB's lower gas fees for faster and more cost-effective transactions.
DeFiChain To Sponsor the National Fighting Championship in Germany
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is delighted to announce that its community has voted to sponsor the National Fighting Championship (NFC) this year. The NFC is the German version of the widely known UFC, in charge of the mixed martial arts (MMA) fighting league in Germany.
ApeCoin Experiences Sharp Price Surge on South Korean Exchange
Yuga Labs' ERC-20 token ApeCoin (APE) experienced a brief surge in price on the South Korean cryptocurrency exchange Upbit, with prices reaching $90.00 per token before a sell-off reduced most of the gains. The spike was attributed to retail frenzy and trading restrictions on the exchange.
US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes
US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes
Exclusive: Will Everipedia Replace Wikipedia in the Future?
Following Part 1 of our interview, Larry took a deeper dive in Everipedia in terms of governance model, staking mechanism and public awareness. He also addressed the question that have drawn widespread curiosity of public: Will Everipedia replace Wikipedia in future?
Stablecoin On-Chain Activity at Record Highs but Will Crypto Market Inflation Follow?
On-chain activity for stablecoins has surged over the last year, increasing by 800% according to the latest market intelligence, but could the increase in stablecoin issuance create inflation in the cryptocurrency markets as past allegations against Tether and Bitfinex have suggest ?
PlanetWatch Partners with Treedom to Launch "Stake for the Planet" Initiative
PlanetWatch in partnership with Treedom has launched a "Stake for the Planet" initiative.
Twitter Massive Hack Attack Traced Back to Crypto Wallet Using BitPay and Coinbase
In the massive Bitcoin scheme that happened earlier this week, reputed coin exchanges such as Binance, Gemini, and Coinbase were targeted by crypto scammers, and officials have been hard at work investigating the digital trail that may lead back to the crypto scammers.
Impel Adds Bitcoin to ISO 20022 Financial Messaging on XDC Network
Impel is pleased to announce today that bitcoin (BTC) has been added to its ISO 20022 financial messaging API as optional collateral for making payments. This addition enables BTC to be used in the instant settlement process for traditional banking services and other organizations that utilize the new ISO 20022 messaging standard. It offers the opportunity for improved customer experience, increased security, and significant operating cost savings.
0x Protocol's API is Live on Polygon Network
0x Project officially announced that its API is officially integrated with Polygon. The launch of the DEX liquidity API aims to expand this vibrant ecosystem Polygon.
Messari in Talks for New Funding Round That Could Raise Valuation to $300M
Blockchain data analytics startup, Messari is reportedly in talks with investors to pull new funding that can push its market valuation to $300 million.
Kraken Brings Crypto Asset Liquidity to Skrill and Neteller
Paysafe, a leading specialized payments platform has chosen US-based cryptocurrency exchange Kraken as their crypto asset liquidity provider.
Etihad Airways Enters Crypto Space by Launching First NFT Collection
Etihad Airways plans to release its first NFT collection, featuring 10 comprehensive 3D aircraft models, on July 21.
Core Scientific seeks to sell $6.6 million in Bitmain coupons
On Jan. 25, bankrupt Bitcoin mining business Core Scientific filed an emergency move to sell Bitmain coupons.
NFT platform Pinata Announces Completion of $21.5m Series A Funding
Nebraska-based NFT platform Pinata announced the closing of a $21.5 million funding round.
Korea’s Jeju Island Introduces Blockchain-Fueled COVID-19 App for Tourism
To recover from COVID-19 tourism losses, South Korea has introduced a blockchain-powered digital app for visitors of Jeju Island to ensure safe travels.
Major Advantages of Blockchain Financial Trading
Major Advantages of Blockchain Financial Trading
Robinhood Lays Off 9% Workforce, Shares drop
Robinhood is laying off 9% of its full-time workforce, CEO Vlad Tenev announced, as the shares of the company's stock hit a new low.
Original Snow Crash Manuscript Goes Up for Auction
Snow Crash-inspired NFTs will also be auctioned.
Ant Financial Launches OpenChain for China's Small Businesses to Leverage its Enterprise Blockchain Consortium
Ant Financial, the parent company of AliPay, has launched OpenChain, a new blockchain platform that gives developers and small and micro enterprises (SMEs) the power to leverage the Chinese blockchain giant’s proprietary blockchain consortium and efficiently and cost effectively deploy smart contracts and create decentralized apps (DApps).
Swiss Regulator Issues Banking Licenses to Two Blockchain Firms
The Financial Market Supervisory Authority (FINMA) in Switzerland has issued banking and securities dealers’ licenses to two new blockchain companies.
US CFTC Commissioner Says Crypto Derivative Contracts Had an Enormous Positive Impact on the US Economy
United States Commissioner of the Commodities and Futures Trading Commission (CFTC), Brian Quintenz spoke about the current and future regulation in Fintech at the Singapore Fintech Festival held last week.
Blockchain Foundry Pairs with Palmer Group to Launch Web3 Education Platform Metacademy
Canadian blockchain software development company Blockchain Foundry has partnered with Palmer Group to launch Metacademy, a Web3 education platform focusing on blockchain, cryptocurrencies, NFTs, and more.
ETH Miner Balances Recovering with its Transactions Hitting $2.5 Trillion in Q2 of 2021
This renewed Ethereum momentum is propelling ETH miner balances on the road to recovery.
LedgerX “Not Yet Approved” by CFTC to Launch Physical Bitcoin Futures
The United States Commodities and Futures Trading Commission (CFTC) confirmed that LedgerX has not yet been approved to offer physically-settled Bitcoin futures in contrary to previous announcements.
Blockchain Game Developer Oasys Grants $20m Investment in Private Token Sale
Oasys, a Japan and Singapore-based blockchain gaming company, has secured a $20 million investment from a cryptocurrency leader in private token sales.
Perianne Boring: Fostering Blockchain Through Regulatory Uncertainty
Perianne Boring is the President and Founder of the Chamber of Digital Commerce, the world's first and largest blockchain trade association. Boring began her career as a legislative analyst in the U.S. House of Representatives, advising on finance, economics, tax, and healthcare policy. Prior to forming the Chamber, Boring was a television host and anchor of an international finance program that aired in more than 100 countries to over 650 million viewers.
Bitcoin Surges Higher as Visa Announces It Will Soon Support USDC Stablecoin
After Visa announced that it will support USDC as a settlement currency on its network, Bitcoin broke the resistance level of $55K and topped $58K.
Coinbase's NFT Platform to Allow Purchase With Credit & Debit Cards
Following its new partnership with Mastercard, Coinbase Global Inc will start allowing users to buy NFTs with credit cards and debit cards.
US Department of Justice Releases Cryptocurrency Enforcement Framework
The US Department of Justice (DOJ) has released a cryptocurrency enforcement framework, which offers a comprehensive overview of the emerging threats in the crypto space.
European Central Bank Plans to Take the Lead on Stablecoins
European Central Bank President Christine Lagarde has urged the ECB to take the lead regarding stablecoins, citing increased interests in the space from central banks in Britain, Canada, and China.
Mysterious Bitcoin Inscriptions: A Puzzle in Raw Binary Data
A mysterious Bitcoin user inscribed 9MB of raw binary data on the blockchain, spending over $64K. The encrypted data's purpose remains unknown, stirring speculation in the crypto world.
Binance Contributes to Recovery and Return of $10,000 of Stolen Crypto To a Targeted Investor
Binance affiliate crypto security expert Harry Denley helped a victim recover $10, 000 worth of lost cryptocurrency recently.
Has Judgement Finally Come for 2017 ICOs? Class Action Lawsuits Name Binance, BitMEX and Block.One Among Host of Crypto Defendants
Crypto Giants Binance, BitMEX, along with Executives CZ, Arthur Hayes Named Among Defendants in 11 Class Action Suits For Violating Securities Laws.
Getty Images Introduce Generative AI iStock to Revolutionize Visual Content Creation
Getty Images' new tool, Generative AI by iStock, powered by NVIDIA Picasso, revolutionizes visual content creation for marketing, offering legally safe, affordable, and versatile AI-generated visuals.
Germany's Federal Ministry of Finance Puts Digital Security Adoption at Core of Blockchain Strategy
Germany’s Federal Ministry of Finance (BMF) and the Federal Ministry of Justice and Consumer Protection (BMJV) have introduced a bill that highlights the adoption of digital securities as a crucial element of Germany’s blockchain strategy.
Hong Kong-listed Entertainment Firm HMVOD to Accept Bitcoin for Membership Subscriptions in October
In Hong Kong, an online entertainment platform HMVOD will accept Bitcoin to pay for membership subscriptions in October.
Ukraine’s Largest Bank Privatbank Suspends Money Transfers to Crypto Exchanges amid Martial Law
Other local banks in Ukraine have also imposed restrictions authorized by the country’s central bank under the current martial law.
Zero-gas DeFi Ecosystem XODEX Launches its Testnet
The zero-fee DeFi Ecosystem XODEX has announced the launch of its XODEX testnet, which will allow developers to integrate and transition their code deployed on the XODEX mainnet to the final implementation.
Stellar Development Foundation Injects $5 Million Into Crypto Wallet Abra to Leverage Products Expansion
Abra is a crypto-financial services app that gives users exposure to cryptocurrency and stock investments. On the other hand, The Stellar Development Foundation is a non-profit, which supports the development of the Stellar network. The Stellar Development Foundation said that its investment would help Abra to expand its services and products on the Stellar network. Abra CEO Bill Barhydt stated that his team will leverage Stellar’s ability to use traditional banking infrastructure as it builds yet more banking tools.
South Korean Gaming Giant Wemade Faces $41 Million Tax Bill for Crypto Operations
South Korean gaming firm Wemade faces a $41 million tax bill for its crypto operations, highlighting the complexities of regulatory compliance in the blockchain gaming industry.
$75M Capital Raised by Blockchain Founders Fund for Metaverse and Web3
Singapore-based venture capital Blockchain Founders Fund (BFF) has announced the launch of a new Venture Capital Fund II to support emerging projects in the cryptocurrency, Metaverse and Web3 space.
Over 3.4m Sweatcoin Crypto Wallets Created since Launch of SWEAT Token in April
Sweatcoin has seen the creation of over 3.4 million crypto wallets via its mobile application since the company announced the SWEAT crypto token last month.
BIS builds out "game-changing" blueprint for the future monetary and financial system
The Bank for International Settlements (BIS) is set to redefine the global financial landscape with its newly released blueprint for a futuristic monetary system.
SoFi Invest Report Reveals Investor Concerns and Optimism Despite Economic Uncertainty
SoFi Technologies, Inc., a leading digital personal finance company, released its first SoFi Invest Midyear Investor Report, surveying over 3,400 Americans on their investment sentiment and habits during the first half of 2023.
13 New Members including Gemini, Robinhood Sign up for Crypto Market Integrity Consortium
Thirteen new members including Gemini, Robinhood and others join the Crypto Market Integrity Consortium.
CFTC Report Underscores DeFi Risks and Calls for Action
The CFTC report on DeFi underscores significant risks to the U.S. financial system, national security, and consumer protection, emphasizing the need for increased understanding, regulation, and collaboration in the sector.
Fidelity Investments Adds More Than 12,000 New Jobs to Meet Customer Interest in Growing Areas Like Crypto
To address customer demands in growing areas like cryptocurrency and direct indexing, Fidelity Investments has created more than 12,000 job offerings to shape the future of financial services.
Christine Lagarde Announced EUR 750 Billion Bond Buyback, Bitcoin Surged 10%
With the launch of ECB's €750 Billion bond buyback, Bitcoin, in the last 24 hours witnessed a steep increase in price clocking at 16% growth.
UK Defence Ministry Awards 1.8 Billion Pound AI-Driven Maritime Enhancement Contract to Thales
UK Ministry of Defence signs £1.8 billion contract with Thales for 15-year project to improve Royal Navy ship availability and resilience, leveraging AI and data management.
Cipher Mining's Strategic Expansion: 16,700 New Miners Ahead of Bitcoin Halving
Cipher Mining gears up for Bitcoin's 2024 halving with a strategic purchase of 16,700 new miners, eyeing increased market value and mining capacity.
Elon Musk Refutes xAI's $500 Million Investment Claims Amid Valuation Speculations
Elon Musk denies Bloomberg's claims of his AI company, xAI, securing $500 million toward a $1 billion goal and discusses a $15-20 billion valuation. Musk refutes these reports as inaccurate.
Hong Kong Sees Stable Number of Crypto Kiosks, but Popularity Remains Questionable
In Asia, Hong Kong has a stable number of cryptocurrency kiosks, which are also called automated teller machines (ATMs). However, their popularity remains questionable.
How Triffic is Gamifying Advertising for Local Businesses
Entering the world of cryptocurrency can be a daunting prospect for newcomers, with several practical and psychological barriers to overcome. Most people who’ve heard of Bitcoin are aware of its notorious volatility, and in some cases, of negative headlines associated with cryptocurrencies, such as the risk of hacks and losing private keys.
Standard Chartered's Virtual Bank, Mox Will Usher in New Era of Banking for Hong Kong
Mox Bank Limited, or Mox, the new virtual bank in Hong Kong recently launched by Standard Chartered, has now been made available to select customers via invitation in an external pilot. The aim of the pilot is to prepare the state-of-art virtual bank for the public launch scheduled for later this year.
SEC Chairman Gary Gensler Faced with Scrutiny Over Compliance with Federal Recordkeeping Requirements
The Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is under scrutiny for alleged noncompliance with federal recordkeeping requirements. This issue has sparked controversy in the crypto world due to the potential implications on regulatory transparency and accountability.
India UPI expanding services to Singapore
The eight-bank digital rupee pilot programme has processed 770,000 transactions.
Global Blockchain IoT Market Expects to Record $5.8 Billion Revenue by 2026
According to a report by Indian-based market research firm Research Dive, the global blockchain IoT sector will likely register a revenue of $5.802 billion by 2026.
Moonbeam Wins Second Parachain Auction Slot on Polkadot
Moonbeam, an emerging protocol that prides itself as one of the most powerful Ethereum-compatible smart contracts on the Polkadot blockchain has won the second parachain auction slot.
Bitwise and ETF Trends : 64% of US Financial Advisors expect Bitcoin Price to Appreciate Over Next 5 years
Around half of all wealth in America is managed by financial advisors, but how much of that wealth are they comfortable allocating to cryptoassets?
Huobi Joins State-Backed Blockchain Alliance in China to Provide Blockchain Infrastructure Services
In the first-ever Blockchain Service Network Partner Conference hosted by the National Information Center and Hangzhou Municipal People's Government in China, it was announced that cryptocurrency exchange Huobi has joined the Blockchain Services Network (BSN), an alliance initiated by the State Information Center (SIC).
New Money Theory in Action: Circle's USDC Stablecoin
Circle is gearing up for 2020 with a renewed deep focus on stablecoins and the powerful potential they hold for people, enterprises, and governments globally.
Animoca Brands, Blowfish Studios Announces Closure of Planet Private Sale for Phantom Galaxies
Animoca Brands and Blowfish Studios announced the closure of Planet Private Sale. The Planet Private Sale for Phantom Galaxies sold 7,734 Planets and Asteroids (“Planets”), a kind of NFTs, for a total of US$19.3 million.
NexChange Interview Series: Alicia Garcia-Herrero, Part 1
Olga’s interviewee this time is amazing Alicia García Herrero, Chief Economist for Asia Pacific at Natixis. Alicia also serves as Senior Fellow at European think-tank BRUEGEL and non-resident Research Fellow at Madrid- based political think tank Real Instituto Elcano.
Bank of America Plays Ripple Project Close to Chest
Bank of America (B of A) has been keeping its blockchain contingency plans under wraps for the better half of a decade.
Beyond Startups—Championing for an Ecosystem to Drive Blockchain Forward
Tribe Accelerator is Singapore’s first government-backed blockchain accelerator, on a mission to bridge the gap between blockchain startups and the traditional world. Yi Ming Ng, the Managing Director at Tribe Accelerator, believes that blockchain is beneficial to a lot of businesses from different industries. However, there has been a lot of fear and speculation around cryptocurrencies in the traditional corporate world.
Enhancing AI Recommendations: A Study on ChatGPT's Conversational Refinement and Bias Mitigation
The study examines ChatGPT's effectiveness in conversational recommendations using the HetRec2011 dataset, focusing on its top-n recommender performance and strategies for mitigating popularity bias, highlighting its potential for user engagement.
Telegram May Push TON Launch Date Before Facing SEC
After coming under fire from the United States Securities Commission (SEC) Telegram has allegedly informed its investors that it will postpone launching its Telegram Open Network (TON).
Zetrix Announces Launch of NFT-based Insurance Product Covinsure
Public blockchain network Zetrix announced the launch of Covinsure, an NFT-based insurance product.
Binance Invests Heavily in Chinese Crypto Media Firm
According to a Bloomberg report, Binance has debuted an investment in China With a crypto Media and data sourcing company, Mars Finance.
How Kaspersky Protects Investors During Token Sales in 7 Ways
In the exclusinve interview with Blockchain.News, Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky shares the latest trend on cybersecurity threats in crypto fundraising and how Kaspersky's solutions can protect investors in 7 ways.
BTC Price Consolidates at $19,000, Will Bitcoin Reach $20,000 in 2020?
Bitcoin soared to over $19,400 last night, the BTC price coming within relative inches of creating a new all-time high before falling. Will we see Bitcoin reach $20,000 in 2020?
World Economic Forum Releases GSMI Global Blockchain Standards
The World Economic Forum (WEF) has released blockchain standards dubbed the Global Standards Mapping Initiative (GSMI).
BNY Mellon's Subsidiary Insight Investment Doubts about Bitcoin as Payment Medium
Despite the Bank of New York Mellon (BNY Mellon) becoming the first global bank that allows customers to hold, transfer, and issue digital currencies, Insight Investment, a subsidiary of BNY Mellon, reveals its sceptical attitude towards Bitcoin as the means of payment.
What is Agent GPT?
Agent GPT is an autonomous AI platform allowing users to create customizable agents. Limitations include output generation restrictions, API usage caps, inability to resume runs, and output length constraints.
Malta-Based Lawyer Joseph Borg Says Blockchain is the Future of Gaming
Blockchain has begun to transform the way consumers interact with games. It has introduced an emerging gaming trend: blockchain games that give the possibility to earn for both owners and players. Today, these types of games are causal and built on exchanging and collecting operations. However, the potential power of blockchain for the gaming industry is huge.
Facebook's Libra Sparked CBDC Race, COVID-19 Made Central Banks Realize Its Necessity
Digital innovation and central bank digital currency adoption (CBDC) have been on the rise despite the ongoing COVID-19 pandemic. What has driven CBDC forward?
LG's Affiliate and Kakao’s Subsidiary Agree to a Strategic Partnership to Foster Blockchain Technology
For diversity in the application of blockchain, LG’s IT solutions affiliate, LG CNS, and Kakao’s blockchain subsidiary, Ground X are in partnership
Block Allows Cash App Users to Gift Bitcoin for the Holidays
This holiday season, Cash App will enable its users to gift both crypto and stock to other users of the app.
Hub71+ Digital Assets Initiative Aims to Advance Web3-Based innovations
Hub71 will invest $2 billion in Web3 startups in Abu Dhabi.
Ethena Labs Airdrops $450M in Tokens, Largest Wallet Nets $2M
Ethena Labs has completed a massive $450 million token airdrop, with the top wallet receiving $1.96 million in Ethena tokens as they hit major exchanges.
Shiba Reaches All-Time Following a Price Surge More Than 46%
Shiba Inu touched an all-time high following a price surge of more than 46% in just two days to become the 11th-biggest cryptocurrency by market value.
Top Tennis Player Andy Murray's Wimbledon NFT Sold for $177,777 at Auction
Scottish professional tennis player Andrew Barron Murray's 2013 Wimbledon championship moment NFT has been sold for $177,777 at the WEENEW auction on Monday.
NVIDIA Acquires GPU Orchestration Software Provider Run:ai for $700 Million
NVIDIA, a leading technology company, has announced its acquisition of Run:ai, an Israeli startup that specializes in GPU orchestration software. The acquisition aims to enhance NVIDIA's capabilities in managing and optimizing AI computing resources across various environments. The terms of the deal, including the acquisition cost, have not been publicly disclosed.
Cardano’s Shelley Mainnet Code Launch at Virtual Summit Could be a Catalyst for ADA Price Rally
Prior to the bearish slump, Cardano’s ADA cryptocurrency has risen around 50% since late May 2020, in light of the news of its Shelley upgrade. The Shelley mainnet is a decentralized network of community nodes operating on a proof-of-stake consensus protocol, with less central governance coming from the developers.
BNB Chain Begins Innovation Incubator Program To Boost European Web3 Startups
The innovation incubator program will provide long-term support to web3 startups in Europe by offering outstanding web3 resources as well as training through reputable partners and community professionals.
Square to Establish Decentralized Bitcoin Exchange
Jack Dorsey, CEO of American financial services and digital payments company Square, announced on Twitter recently that the company's new TBD division has drawn a new direction to create a decentralized exchange for Bitcoin.
Billionaire Investor Tim Draper: Why Millennials Should Consider Investing in Bitcoin
The future of Bitcoin remains a hot topic. Billionaire venture capitalist, Tim Draper, calls Bitcoin as the way of the future. Draper had a recent interview with Foxbusiness, a session whereby he advised millennials that if they really want to retire rich, then they need to invest in Bitcoin.
Deribit Dominates CME and Bakkt in BTC Options Volume
Existing bitcoin exchange Deribit has bested institutional newcomers CME and Bakkt in terms of Bitcoin option trading volume at the start of 2020.
SBI Ripple Asia Powers Cambodia’s First Cross-Border Remittance Corridor Using RippleNet
SBI Ripple Asia, a joint venture between SBI Holdings and Ripple, will be facilitating Cambodia’s first international remittance service using blockchain technology.
Can MakerDAO Survive the Coronavirus Pandemic?
The coronavirus pandemic and growing macroeconomic uncertainties have seriously dampened the cryptocurrency market, which Bitcoin once dipped below USD 4000. The “Red Sea” has expanded across the market of decentralized finance (DeFi), where the total value locked (USD) for DeFi market dropped from USD 649m to USD 246m.
The Future of Blockchain Is Regulated, Permissioned And Decentralized
Blockchain has come a long way since it was first proposed as the technology powering Bitcoin’s distributed ledger. Since then, it has come to be understood as a technology that exists in its own right, as the base layer of second generation blockchain networks that are the foundation for all kinds of decentralized applications, or dApps.
Announcing Hashstack’s switch to Starknet
Hashstack is thrilled to announce its strategic shift to Starkware developed Starknet — the first general-purpose permissionless Decentralized ZK-Rollup, to deploy Open — Hashstack’s money-market protocol to enable secure, under-collateralised loans on the blockchain. With this, Hashstack shifts its focus from EVM chains to zk-primitives to further its mission to build the critical infrastructure necessary to 10x the usability of decentralised finance, to truly empower financial inclusion through crypto.
Hong Kong Tycoon-backed C Capital to Raise $500m to Invest in Digital Assets
C Capital, a fund owned by Hong Kong real estate tycoon Adrian Cheng, plans to raise $500 million in the next 18 months to invest in blockchain and digital assets.
Curve Finance Launches MIM/crvUSD Pool on Arbitrum, Bolstering DeFi Ecosystem
Curve Finance's new MIM/crvUSD liquidity pool on Arbitrum marks a significant advancement in DeFi, offering enhanced liquidity and user experience. This strategic move leverages Arbitrum's layer 2 capabilities for faster, cost-effective transactions, underlining Curve's commitment to innovation and community-driven governance.
Binance Card Adds Three New Altcoins: Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX)
Major global cryptocurrency exchange Binance announced Friday that three new altcoins are now added to its Binance Card: Ripple (XRP), Shiba Inu (SHIB), and Avalanche (AVAX)
US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules
The US Senate Banking Committee Chair Mike Crapo sent a letter to the OCC to develop guidelines on digital payments.
Reflexivity Research Provides Digital Asset Analysis & Consultation for Finance Industry
Well-known crypto enthusiast and analyst Will Clemente announced to co-found Reflexivity Research with Anthony Pompliano.
Rep. French Hill Eyes Financial Services Committee Leadership Amid Crypto Focus
Arkansas Rep. French Hill is poised to assume leadership of the House Financial Services Committee, bringing a crypto-savvy perspective to the role.
Banking Infrastructure Needs Blockchain Technology to Meet Rapid Fintech Enviroment, HashCash CEO Says
With the fintech industry making significant strides within a short time, the banking sector ought to integrate blockchain technology to keep pace with this area, according to HashCash CEO Raj Chowdhury.
Reddit Avatars on Polygon Blockchain
Reddit has launched the third generation of its blockchain-based digital collectibles, Reddit Avatars, on the Polygon blockchain. The release has generated excitement and predictions of quick sellouts, but some users have criticized the payment process.
NFT Boom: OpenSea is Recording More Daily Volume than its Total 2020 Volume
Popular NFT Marketplace, OpenSea now processes 650x the daily transaction volumes it did for the whole of 2020.
Bitcoin Gains Strong Momentum as It Surpasses the $48K Barrier
BTC has gained its momentum, as acknowledged by crypto analyst Joseph Young because it is up by 6.1% in the last 24 hours to trade at $49,001 at the time of writing,
Titanium Blockchain CEO Sentenced to Four Years in Prison
Michael Stollery, the CEO of Titanium Blockchain, has been sentenced to four years in prison for his involvement in a cryptocurrency fraud scheme that raised approximately $21 million through an initial coin offering (ICO) in 2018. Stollery pleaded guilty to securities fraud, admitting to falsifying aspects of TBIS’ whitepapers, planting fake client testimonials on the TBIS website, and commingling ICO investors’ funds with his own.
Bybit CEO clarifies company's exposure to Genesis
Bybit CEO confirms $150 million Genesis Global Trading exposure. The crypto community has moved on from FTX's bankruptcy to other loan businesses, some of which are suing parent company Digital Currency Group.
Hiccups Surface as Bellatrix Upgrade Sets Stage for Ethereum Merge
With the much-anticipated merge being around the corner, the Bellatrix upgrade went live, curtain raising for this event.
Ripple CEO Brad Garlinghouse Says Japan or Singapore Could be Firm's New Home
Ripple CEO Brad Garlinghouse said that his company has earmarked Singapore and Japan as the most crypto-friendly countries where Ripple Labs could relocate.
Worldwide Blockchain Distributed Ledger Market to Hit $20.6B by 2027 - Report
The global blockchain distributed ledger market is expected to grow from $3.5 billion recorded in 2021 to $20.6 billion by 2027, according to a report by Research and Markets.
May 15: The Year of Bitcoin Options?
Happy Friday! BTC up 3% in the past 24 hours, flirting $9,900, teasing the market at the $10K psychological level. In the last few days, I noticed BTC weakness from the start of Asia session followed by buying activity when the U.S. woke up, driven primarily by spot buying (futures curve still relatively flat).
Superstate Gains $14m in Series A Led by Distributed Global and CoinFund
Superstate, an innovative asset management firm, has secured a $14 million Series A financing round, aiming to expand its team and launch private funds for institutional investors.
Blockchain.com May Suffer $270M in Losses for 3AC's Insolvency
Cryptocurrency exchange Blockchain.com may suffer a total of $270 million in losses due to Three Arrows Capital's inability to repay loans due to the bankruptcy and liquidation of Three Arrows Capital.
Hong Kong to Unveil Virtual Assets-Related Policy Statement on Upcoming Fintech Week
The Hong Kong Special Administrative Region's government will release the plans for the development of virtual assets in the city during FinTech Week by the end of this month.
Hong Kong's Regal Hotels Announces Entry into Metaverse with Project MetaGreen
Hong Kong's Regal Hotels Group has announced its entrance into the metaverse with project MetaGreen, scheduled for completion by October 2022.
Fighting Ransomware: Chainalysis Acquires Cyber-Security Firm Excygent
Chainalysis, a blockchain data analytics, and security platform has announced its acquisition of cybercrime investigative company Excygent.
Dogecoin Surges by 12.63% as Token Launches on Coinbase Pro
Coinbase, the top US cryptocurrency exchange, announced today that Dogecoin would be `available for trading on Coinbase Pro accounts.
Africa Blockchain University Partners with YIELD App to Enhance NFT Education
African artists are set to be enriched about the value they can get from the booming non-fungible tokens sector.
Ethereum Layer 2 Boba Network Raises $45M in Series A Funding
Ethereum Layer 2 project Boba Network has raised $45 million in its Series A funding round.
Connecting Crypto Exchanges with CMC's New Liquidity Metrics: What We Learned at The Capital
Beginning on Nov. 12 and spanning two days, CoinMarketCap held its inaugural large-scale event, The Capital, which brought together leading stakeholders in the blockchain, cryptocurrency, regulatory and financial industries.
Business Niches Where Cryptocurrencies Are Accepted for All Payments
Digital currency is becoming more well-known because it’s been around for a decade or so. In the past, it was only die-hard investors who chose to work with crypto like Bitcoin. However, more and more companies are accepting it as payment for services and goods.
Facebook’s Libra Could Do to the Payment Sector What Elon Musk's SpaceX Did to the Space Industry, Binance Research Reveals
Libra has released its updated whitepaper, marking several significant changes towards providing individual stablecoins for major fiat currencies, including USD, EUR, GBP, and Libra Coin.
Bitdeer and NVIDIA Partner to Launch AI Cloud Service in Asia
Bitdeer Technologies Group and NVIDIA are set to launch Bitdeer AI Cloud in Asia, utilizing NVIDIA DGX SuperPOD technology, to meet the growing demand for AI computing power in the cloud PaaS market.
North Korea Stole Over $1 Billion in Crypto in 2022
According to a UN study, North Korea stole more bitcoin in 2022 than ever before and targeted multinational aerospace and military industries.
Top Brazilian Crypto Exchange Mercado Bitcoin Adopts Sports Token Chiliz
Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, has announced its plans to add sports token Chiliz ($CHZ) to its existing list of digital assets.
Enhancing AI's Operational Efficiency: Breakthroughs from Microsoft Research and Peking University
Researchers from Microsoft Research and Peking University have developed groundbreaking methods to enhance LLMs' ability to follow complex instructions and generate high-quality graphic designs, showcasing significant advancements in AI operational efficiency.
Exclusive: Can Onchain Custodian Fill Fidelity's Gap in Crypto Custody?
While wall street giant Fidelity tapped into the crypto custodian space, can Onchain Custodian survive under the fierce competition? Alexandre Kech, CEO of Onchain Custodian believes that they can fill Fidelity's gap in the crypto custodial market. He also explains how the surging demand in BTC futures and crypto collateral can present huge business opportunities for crypto custodians.
Slovenia Makes History as the First Country to Launch an NFT Product
Slovenia is on track to become the first country in the world to launch its first Non-Fungible Token (NFT) series.
Gavin Nathan Joins Spirit Blockchain as Head of Fundraising
British Columbia, Canada-based Spirit Blockchain Capital Inc., which focuses on blockchain and digital assets, announced on May 2, that it has hired Gavin Nathan as head of fundraising.
Orange Financial To Launch Innovative Yield Farming Treasury - Stablecoin Rewards for NFT Holders
Orange Financial, a multi-chain yield farming treasury, is excited to announce its public mint date on February 1st, 2023. As the only NFT project to offer stablecoin rewards through yield farming to its holders, Orange Financial will revolutionize the world of yield farming and NFTs.
Facebook and Calibra Head David Marcus: What Problems Would Wholesale CBDCs Even Solve?
During a panel discussion at the World Economic Forum which included the topic of Central Bank Digital Currencies (CBDCs), David Marcus, Head of Calibra, highlighted that digital currencies are the key to innovate cross-border payments and solve the issues of the unbanked—regardless of if that digital currency is Libra or not.
Taiwan's Financial Supervisory Commission in Exploratory Phase for Crypto ETFs
Taiwan's Financial Supervisory Commission is cautiously considering the introduction of cryptocurrency ETFs, focusing on self-regulation and gradual liberalization in the digital asset market.
Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3
Genesis records rising demand for cash and stablecoins
Web3 Data Ecosystem Pocket Network Adds Support for the Fantom Blockchain
The Web3 blockchain data ecosystem Pocket Network adds support for the Fantom blockchain, allowing developers to mint Fantom RPC endpoints for their applications directly from Pocket Portal, earning $POKT tokens.
Japanese E-book Publisher Turns to Blockchain for Distributiion in the Pandemic Era
A Japanese book distributor is mulling an investment in a blockchain-based platform to distribute e-books, as partial lockdowns due to the ongoing COVID-19 pandemic continue in Japan.
Iris Energy Raises $71m in Debt Issuance
Iris Energy raised $71 million in debt issuance for new Bitcoin mining equipment.
Big Names Enter Metaverse
Why there are so many big names entering the Metaverse? It is probably because of fear of missing out.
Ethereum Achieves Record-High of $2,700 as EIB Announces Sale of Digital Bond on Ethereum Blockchain
Ethereum hits a record high of $2,718 as the European Investment Bank announces a plan to sell a "two-year digital bond" on the Ethereum blockchain network.
MakerDAO Keeps USDC as Primary Collateral for Dai
MakerDAO has voted to keep USDC as the primary collateral for Dai, rejecting a proposal to diversify into GUSD and USDP. The decision was made based on reduced risks from a cascading bank run in the US and USDC's return to a $1 peg.
US SEC Halts American Cryptofed DAO’s Registration for Digital Tokens
The US regulator stopped American Cryptofed DAO based on the ground that the firm failed to register its two digital tokens “Ducat” and “Locke” as securities.
Bitcoin Price Bull Run Expected to Continue says Bloomberg Intelligence
Bloomberg Intelligence reports that only an "unexpected occurrence" can stop the Bitcoin price bulls from running.
Italy's G7 Presidency: Focus on AI Regulation, African Development, and Ukraine Support
Italian Prime Minister Giorgia Meloni outlined Italy's G7 presidency priorities for 2024, focusing on AI regulation, supporting African development, and maintaining support for Ukraine against Russia.
Crypto Media Decrypt Secures $10m for Further Editorial Growth
Crypto news company Decrypt announced that it has raised $10 million after departing from its parent company ConsenSys Mesh at a post-money valuation of $50 million.
Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield
Ripple Co-Founder, Chris Larsen believes the Cold Tech War between China and the United States is going to be won and lost on the blockchain battlefield.
Uniswap (UNI) Proposes Governance Upgrade to Incentivize Delegation and Protocol Growth
Uniswap Foundation's new governance proposal aims to activate protocol governance by incentivizing token holders through staking rewards.
New Zealand's Tax Authority Demands Info on Crypto Investors
New Zealand's Internal Revenue Department has asked all companies to pass on customers' personal details as well as the type and value of their crypto assets.
NEAR Protocol's Q2 Market Cap Holds at $1.25 Billion, Experiences 25% QoQ Decline
According to Mesari, NEAR Protocol, a leading smart contract platform, demonstrated resilience and growth in Q2 2023, despite being listed in the SEC's complaint against Coinbase. The platform's financial and network fundamentals remained stable, with strategic partnerships and grassroots initiatives driving user adoption.
Defi Wallet Unstoppable Finance Raises $12.8M in Series A Fund
Berlin-based Unstoppable Finance has announced a €12.5 million ($12.8 million) Series A round led by Lightspeed Venture Partners.
Animoca Brands Subsidiary Lympo Launches SPORT Token
Animoca Brands subsidiary Lympo launched the SPORT token to replace the Lympo utility token LMT.
Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation
Members of the United States Congress will receive a $50 campaign contribution in Bitcoin today to educate lawmakers on the potential of blockchain technology.
Microsoft's OpenAI Investment Faces EU Merger Regulation Scrutiny
The European Commission is investigating Microsoft's investment in OpenAI, a significant partnership since 2019, under the EU Merger Regulation, as part of a larger plan to control tech giants' influence in the AI field, focusing on potential anti-competitive impacts.
Cryptocurrency Detective ZachXBT Uncovers Unusual ETH Withdrawals for MTG Cards
ZachXBT's analysis of cryptocurrency transactions involving the withdrawal of over 11,200 ETH, equivalent to $25 million, raises questions about the source and intent of these funds.
Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe
Matrixport, a Singapore headquartered and Bitmain-backed crypto company that offers trading, lending, and custody services, extends its services into Europe through the establishment of its new Zurich office.
Is Dubai the New Rallying Point for Crypto Exchanges?
Dubai comes off as one of the most active influencers among gulf nations, granting licenses to many cryptocurrency exchanges recently.
Uniswap Price Analysis - March 29, 2021
As the eighth-largest digital currency, Uniswap is likely to be restrained by short positions on the next trading day. Here is an analysis of what to expect of UNI in the short-term.
BNB Chain Partners with Google Cloud to Enhance Web3 DApps
Layer-1 blockchain technology, BNB Chain has announced its partnership with Google Clouds, a collaboration that will see decentralized applications and smart contracts hosted on the protocol gain access to the cloud service provider’s infrastructures
Is Conversational Diagnostic AI like AMIE Feasible?
AMIE, an AI system developed by Google Research and DeepMind, demonstrates superior diagnostic accuracy compared to human physicians in a groundbreaking study, signaling a new era in AI-driven healthcare.
Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO
Chinese insurance giant, Ping An Insurance’s financial technology arm, OneConnect is leaning towards choosing New York over Hong Kong for its initial public offering (IPO) this year in mid-November.
BTC Mining Hardware Startup Fabric Systems Raises $13M
Fabric Systems has said that the funds will be used to fund the development of two core launch products including a liquid immersion-cooled ASIC machine.
U.S. Should Examine Chinese Digital Yuan Rollout during Winter Olympics: Senator Toomey
Senator Pat Toomey, a senior member of the U.S. Senate Banking Committee, urges the Treasury and State Departments closely examine Beijing’s CBDC rollout during the Olympic Games.
Bitcoin's Average Block Size Hits All-Time Highs
The average Bitcoin block size has reached record highs after Bitcoin NFT Ordinals protocol launched.
Propy Partners with Crypto Lending Platform Abra, Launching Crypto-backed Real Estate Loans
Blockchain-based real estate transaction management company Propy has partnered with digital asset wealth management platform Abra to open up a path to obtain real estate loans with digital assets as collateral.
SEC Proposes New Rules to Address Conflicts of Interest in AI Usage by Brokerage Firms
The U.S. Securities and Exchange Commission (SEC) has proposed new rules to address potential conflicts of interest that may arise when investment advisers and broker-dealers use predictive data analytics and artificial intelligence (AI).
Japan’s SBI Acquires Stake in Securitize
On SBI investing in his company, Domingo said “I think that the fact that [SBI is] putting their faith and investing in a company like us [is] signifying the move towards more adoption of security tokens.”
The IMF Urges El Salvador to Abandon Bitcoin as Legal Tender
The International Monetary Fund (IMF) is concerned about the risks of El Salvador's issuance of bitcoin-backed bonds, urging El Salvador to terminate bitcoin as legal tender as soon as possible.
Bank of Lithuania Has Commenced the Issuance of its LBCOINS to the Public
Following the launch of its digital collectibles dubbed “LBCOINS,” the Bank of Lithuania has announced that it has commenced the issuance of the LBCOINS to the members of the public. The issuance of LBCOINS is a landmark step in the worldwide drive towards achieving a financial era dominated central bank digital currencies (CBDC).
Fireblocks Introduces 'Off Exchange' to Address Exchange Counterparty Risk, Integrates with Deribit
Fireblocks introduces 'Off Exchange', reducing exchange counterparty risk for institutional traders, allowing them to trade directly from on-chain MPC shared wallets, marking a significant advancement in digital asset trading.
Ukrainian Government Raises over $10M in Digital Currencies from the Public
The entire public, particularly the crypto-savvy population, has shown solidarity with Ukraine and has raised more than $10 million since the call was made.
US Congress Proposes Bill to Restrict Government Interactions with Foreign Adversarial Blockchain Networks
US Congress introduces H.R.6307, limiting government interactions with Chinese blockchain networks, addressing national security and data privacy concerns, and urging increased scrutiny in the technology sector.
Axiom Secures $20 Million in Series A Funding for Blockchain Data Access Innovation
Axiom, a smart contract infrastructure firm, raises $20M in Series A funding led by Paradigm and Standard Crypto, aiming to transform blockchain data access using zero-knowledge cryptography.
Binance Taps Operating License from the Bank of Spain
Binance cryptocurrency exchange has received the license to operate in Spain through its subsidiary in the country, Moon Tech Spain SL
European Blockchain Convention reinvents itself to remain the leading congress in Europe
European Blockchain Convention Virtual becomes the meeting point of the Blockchain Industry this year in Europe. The congress, which will be held on September 21 and 22, will feature workshops, presentations, panel discussions and more than 100 world-class speakers. EBC will provide access to an AI-powered networking platform to facilitate virtual one-to-one meetings between over 1.500 attendees.
North Korea Is Developing Own Crypto to Circumvent US Sanctions
North Korea has always been suspected for either indirectly or directly funding weapons or involved in some powerful projects of mass destruction using virtual currencies. The nation, recently, was accused of stealing cryptocurrencies worth $2 billion to facilitate the development of deadly weapons.
How Far Away is Japan’s CBDC? Bank of Japan Meets with Monetary Authorities on Potential Digital Yen Issuance
Japan’s Monetary Authorities Get Serious About CBDC Research and Roll Out
Tesla Launches Cyberwhistle by Accepting Dogecoin for Payment
American electric vehicle manufacturer Tesla has launched a new product called Cyberwhistle by accepting Dogecoin for payment.
Partner at Proof of Capital Presumes That China’s Digital Currency Could Go Live in No Time
In her view, Edith Yeung, fund manager, and partner at Proof of Capital, a blockchain-based venture capital fund, presumed that the Chinese Government could launch their digital currency, virtual yuan, in no distant time, assumably, within the next six to twelve months.
EY Ops Chain: Bringing Transparency and Accountability to Public Finance Management
Blockchain.News sat down with Jimmy Ong, EY Asia-Pacific Blockchain Leader to take a deep dive in EY Ops Chain and EY Blockchain Analyzer. In particular, we explore how EY Ops Chain facilitates a more transparent public finance tracking. Ong also shared an interesting use case when EY Ops Chain enables the tracking of blood in Canada.
Analysis of Microsoft's Terms and Conditions for AI Services
Microsoft's AI terms, effective Sep 30, 2023, prohibit reverse engineering, data extraction, and limit data use, ensuring ethical use and IP protection.
5% Global Business Transactions Expected to Utilize Blockchain Technology by 2028: SkyQuest
At least 5% of worldwide business transactions are expected to utilize blockchain technology by 2028, thanks to heightened activity in the fintech blockchain market, according to a report by research firm SkyQuest.
Stablecoins Could Bolster U.S. Dollar and Economic Competitiveness: Circle CEO
In a compelling testimony delivered to the House Financial Services Committee, Jeremy Allaire, CEO and Co-Founder of Circle, underlined the significant role stablecoins, such as the U.S. Dollar Coin (USDC), could play in strengthening the global position of the U.S. dollar.
Coinbase Suspends Trading on 41 Non-USD Pairs
Coinbase Exchange suspended 41 non-USD trading pairs on September 13, 2023, to improve market health and consolidate liquidity. Users on Coinbase Exchange, Advanced Trade, and Coinbase Prime can continue trades using USDC balances and USDC unification. The suspension has minimal impact on trading volume.
Invesco Mutual Fund Files to the India‘s SEC to Invest in Blockchain Fund
The fund management giant Invesco Mutual Fund has submitted documents to the SEC of India to invest in Invesco Elwood Global Blockchain UCITS Exchange Traded Fund.
April 20: Too Many Have Missed the ETH Lining Because They're Expecting BTC
Trading Crypto with Eugene is a series of daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful!
Chainlink Labs Appoints Diem CTO Dahlia Malkhi as CRO
Dahlia Malkhi joins Chainlink Labs to further strengthen its external insight and to help develop research and thought leadership.
Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks
Binance, in conjunction with the Royal Thai Police, has successfully disrupted major crypto fraudulent networks in Thailand through two significant operations. The collaboration led to the arrest of key individuals and substantial asset seizures, underscoring Binance's proactive stance against cybercrime and its ongoing commitment to enhancing security within the digital asset ecosystem.
Bitcoin Most Popular Crypto in North America, Market Experts Report
Bitcoin has always been the most popular cryptocurrency on the global market, but the region that is most invested in BTC assets appears to be North America.
A16z Crypto Introduces Jolt zkVM for Blockchain Scaling
Andreessen Horowitz (A16z) Crypto has introduced Jolt, a zero-knowledge solution that integrates SNARKs, enabling faster SNARK-based Layer 2 solutions and enhanced security for developers.
Crypto Exchange Deribit Moves Headquarters to Dubai after Oobtaining VASP License
Crypto exchange Deribit moves headquarters to Dubai after obtaining a VASP license, expanding crypto trading services in the region.
Fidelity Digital Assets Custody Ready for Bitcoin Derivatives Yield Fund
Wave Financial, based in Los Angeles, launched the Wave BTC Income & Growth Digital Fund, racing to become the first crypto derivatives-based yield fund in the market.
Public Will Not Confuse Name With H&R Block, Says Block
Block Inc, formerly known as Square, has made a formal argument at a Missouri federal court stating that its new name won't confuse potential customers with tax-preparation giant H&R Block who had filed a trademark infringement lawsuit against the financial-services company.
R3 - Revolutionizing Trade Finance with Blockchain
R3 leads the largest blockchain ecosystem in the world, creating initiatives using distributed ledger technology. Carl Wegner, the Managing Director and Head of Asia at R3, elaborates on the consortium’s reach with its broad ecosystem, on initiatives that are built on Corda, including, Project Voltron, Project Inthanon, Project LionRock, and Project Ubin in Asia.
The Creative Uses of Crypto and Blockchain Many People Haven't Heard Of
Blockchain technology has the potential to revolutionize industries like online casino games, sports betting, micropayments, and decentralized voting, while also providing financial inclusion to underserved populations.
Singapore's FOMO Pay Introduces New Crypto Payment Solution for Retailers
Singapore-based major payment institution FOMO Pay has introduced a new cryptocurrency payment solution for retailers in the island city-state.
Goldman Sachs Invites Investors to Conference Call on Bitcoin, Gold and Crisis Markets
Goldman Sachs is preparing to host a conference call with its top investors to discuss the impact of the current economic crisis on inflation, gold, and Bitcoin.
Economic Affairs Committee Unsure UK Needs Retail CBDC
The United Kingdom’s Economic Affairs Committee has shared its views on the proposed plans by the country to launch a Central Bank Digital Currency (CBDC) or digital Pound.
Crypto is Unable to Solve Modern Moneatry Problems, Says Economics Scholar
Hans-Joachim Voth, a Professor of Economics at the University of Zurich, said he has not seen cryptocurrencies able to tackle modern monetary problems.
TRON Academy Announces 7 New Partners and New Activations
TRON DAO recently launched The TRON Academy initiative to empower young blockchain enthusiasts from top-tier universities around the world. Creators are being welcomed to take advantage of early-stage development opportunities in the TRON ecosystem. Partnerships have been developed with existing blockchain clubs, and coaching support is available for students interested in establishing new clubs on their campuses.
BitKeep Wallet Surpasses 10 Million Users
BitKeep Wallet has reached over 10 million users, with 560,000 new users in March due to successful campaigns with Arbitrum and Sui. Bitget has invested $30 million in the platform, resulting in a rebranding to Bitget Wallet while remaining an independent entity.
Bitcoin Mining Technology Luxor Completed $5M Series A Funding Led by NYDIG
Luxor announced the completion of a Series A funding with a total value of $5 million.
Crypto Data Firm Kaiko Raises $53m from Investors Led by Eight Roads
Blockchain data startup, Kaiko has raised $53 million in its Series B funding round, tripling the company’s valuation amidst the bearish crypto market terrain.
Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests
A research study by Fortune Business Insight, a market reporting and consulting firm, suggests the global blockchain industry will be valued at a mammoth $21 billion in the next five years. The report explored the rise of financial technology and blockchain companies working towards financial inclusion and targeting developing countries and regions to leverage growth. Such regions, incidentally, have witnessed a growth in educated talent in the past decade, and are well-suited to interact with and understanding distributed ledger mechanisms.
NBA Superstar's Thirty Five Ventures Signs Deal With Coinbase
Thirty Five Ventures, co-founded by NBA superstar Kevin Durant and sports manager Rich Kleiman, announced a new multi-year business partnership with cryptocurrency platform Coinbase Global.
Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions
The Federal Reserve's research and development on a central bank digital currency issuance has been complemented by several regional Federal banks' efforts.
Best safe investments for your money in 2021
Choosing a reliable broker is a major concern if you want to trade your investments in safe hands since the safety of funds is always the most important.
Nytro Chain Offers A Seamless Transaction Experience For The Avalanche Network With Its Built-in Multi Payment Function
Nytro Chain is designed for high-volume transactions and has a built-in multi-payment function that allows senders to send digital assets to multiple wallet addresses
Over $5M Bitcoin Worth Transferred towards Aiding Ukrainian Army Amid Russian Invasion
At least $5 million in Bitcoin has been donated to boost the Ukrainian Army since Russia attacked the nation on February 24, according to blockchain analytics firm Elliptic.
Primex Finance deploys its Beta on zkSync testnet to enable margin trading on DEXs
Pioneer cross-chain prime brokerage protocol Primex Finance announces the deployment of its recently-launched Beta version on the zkSync 2.0 testnet. Taking place at the end of October 2022, the integration will enable the project to offer users better transaction speed for margin trading on DEXs. At the same time, traders will be able to take advantage of lower gas fees and a high level of security on Primex Beta.
UAE Health Authorities Launch Blockchain-Based Platform for Verifying Health Data Validity and Reliability
The United Arab Emirates (UAE) Ministry of Health and Prevention (MoHAP), the Ministry of Presidential Affairs, Dubai Healthcare City and other authorities have come together to launch a blockchain-based system for health data storage.
Billionaire Tim Draper Predicts Bitcoin Will Reach $250,000 by the End of 2022
Billionaire Tim Draper said he remains optimistic about Bitcoin and expects its price to reach $250,000 by the end of 2022 or early 2023.
Celsius, BlockFi, Voyager: An Endless List of Reasons Why Users Need To Take Self-Sovereignty Seriously
The ongoing issues affecting various major DeFi projects have sparked fear and concern among enthusiasts. When multi-billion dollar projects suspend trading and withdrawals without further communication, there is cause for concern. Portal, a self-hosted Layer 2 wallet and DEX on Bitcoin, shows things can be done differently.
Spirit Blockchain Capital to List on CSE in September
Blockchain and digital assets company Spirit Blockchain Capital Inc. (Spirit) announced that it has received listing approval from the Canadian Securities Exchange.
Bitcoin Millionaire Warns Against Disclosing Crypto Holdings After Narrowly Escaping Rubbery Attack
It has been reported that a millionaire who happens to have acquired his wealth through Bitcoins fell into the arms of an armed robber. He used this to sound a note of warning to other members of the crypto community.
Global Blockchain in Retail Market to Hit $3.27B by 2028
Heightened demand in the worldwide blockchain in the retail market is expected to drive its value past the $3.27 billion mark by 2028, according to market research organization Facts and Factors.
Have We Really Seen the Last of Former Presidential Crypto-Candidate Andrew Yang?
Have we really seen the last of former Presidential Crypto-Candidate Andrew Yang?
NFT Trading Platform Giant MakersPlace Completes $30M in Series A Financing
Non-Fungible Token (NFT) trading platform MakersPlace announced the completion of a $30 million Series A financing jointly led by Bessemer Venture Partners and Pantera Captial.
LocalBitcoins Seller Charged by US Homeland Security for Money Laundering
Kenneth Rhule, a localBitcoins seller is charged by the US Homeland Security for conducting an unlicensed money transmitting business. Rhule can face up to forty years in prison on account of fraudulent activity alongside illegal marijuana production and distribution.
How Smart Money Is Investing
With a flurry of renewed interest in cryptoassets, and multiple new opportunities for riches abounding, the vast majority of us can’t help but tentatively listen to that voice whispering in our ear, “remember 2018”. The bull run throughout 2017 ended in tears for many as early 2018 saw the market enter into an abrupt and prolonged bear cycle that lasted the better part of three years.
India May Imposes 2% "Equalization Levy" on Offshore Crypto Exchanges
According to local media sources in India, the regulator intends to impose a 2% "equalization levy" on investors for cryptocurrency trading services from offshore exchanges that provide services to the Indian market.
Litecoin vs Ethereum: The 8 Differences that You Should Know
Litecoin and Ethereum have proven to be among the most fundamental digital assets in the crypto space. According to the Coin Market Cap, Ethereum is ranked the second most popular cryptocurrency after Bitcoin, whereas Litecoin is ranked seventh. Despite their popularity, their intentions are entirely different. It, therefore, becomes crucial to comprehend their unique aspects.
Meta Unveils Next-Gen AI Emu Video and Emu Edit
Meta's Emu Video and Emu Edit are advanced AI tools for video and image editing, enhancing creative processes and ensuring ethical AI deployment.
Hong Kong Investors Launch $100M Fund for Web3 Startups
ProDigital Future, a new $100 million fund led by Hong Kong-based equity firm SAIF Partners, aims to support early-stage Web3 companies in the regional market. The fund has already raised $30 million during its half-year fundraising period and plans to raise $100 million by the end of 2023. ProDigital Future has already invested in six digital-asset projects, including GigaSpace and One Future Football. The fund intends to operate in Hong Kong, Australia, Singapore, Europe, and the United States, while adhering to the necessary licensing and regulatory requirements.
Bitcoin Is Better Than Gold: Crypto Exchange Coinbase
On May 1, 2020, the world's leading cryptocurrency exchange Coinbase published an article on its blog claiming that Bitcoin is superior to gold. The crypt exchange had earlier published a similar article where they supported Bitcoin over Gold due to its ease to audit, anonymity, low transaction fee, and ease to be fragmented into smaller fractions.
Eight Major Benefits of Salesforce Blockchain with a Real Life Example
How real-life benefits from the SalesForce blockchain that will help businesses achieve better outcomes from their CRM data? This article got more details.
Billionaire Investor Howard Marks Changes His Mind on Bitcoin as Demand for Crypto Rises
Billionaire Howard Marks has acknowledged that the growing demand of Bitcoin has shifted his perspective.
Wealth Management's Future: Embracing Innovation for the Next Investment Era
New research outlines the necessity for wealth management firms to adapt to technological advancements and altering investor profiles for future success.
China Allows Building of Hydroelectric Plant in Well Known Bitcoin Mining Town
Government authorities in China have allowed construction to go ahead to increase the capacity of current hydroelectric plants in the Ya'an district of Sichuan, a town popularly known in cryptocurrency circles to be teeming with Bitcoin miners.
Predictions of Rising Potential for Bitcoin and Ethereum in 2020
A recent Forbes article gives us insights into the driving forces which could determine the trends to follow in the upcoming year, within the cryptocurrency market. Read more in the article below, with insights from leaders from BIS, NEM Ventures, Close Cross, and CVA.
Crema Finance Hacker Returns Stolen Crypto Following Negotiation
Crema Finance has received 6,064 ETH ($7 million) and 23,967 SOL ($870,000) from a hacker who had stolen 69,422.9 SOL and 6,497,738 USDC stablecoin (roughly $9 million) following a negotiation.
OpenSea Creates Tool for NFT Creators to Enforce Royalties On-Chain
NFT marketplace OpenSea has revealed its plan to create a tool to help creators on its platform enforce creator fee payments.
Blockstream CEO Criticizes Sushiswap as a "Ponzi" Scheme, Ripple as a "Scam," Litecoin for "Sell the Top"
Blockstream CEO, as the firm supporter of Bitcoin, just issued a series of tweets, criticizing Sushiswap, Ripple and Litecoin.
MetaBunny - An NFT Collection you don’t want to miss! Coming to you on 23rd MARCH 2022
Since 2021, NFT has been one of the hottest topics, it is said that the year 2021 is the Birth Year of NFT. According to “The Collins Word of the Year 2021”, the use of the word “NFT” has seen a 1,100,00% increase. In the birth year of NFT, its estimated sales also increased over 2,000% between Q4 2020 to Q1 2021, from 93 Million USD to an astounding 2 Billion USD.
Colombian Bank Banco de Bogotá to Support Customers to Transfer funds to Crypto Exchange
Colombia-based commercial bank Banco de Bogotá will support customers to transfer funds to cryptocurrency exchanges for trading through its banking services.
XLM Price Surges as Ukraine Selects Stellar Lumens for CBDC Development
Stellar network’s native token XLM has soared by approximately 30 percent in a day, following the news that Stellar will partner with Ukraine to develop CBDC.
FinTech in Belt and Road - the UK FinTech Bridge
In the second round of our interviews at the Belt and Road Summit 2019 in Hong Kong, Blockchain.News gained further insights from European representatives Germany, as well as soon to be European exiters—the UK to learn more about their countries’ latest developments related to the Belt and Road Initiative.
Blockchain Can Empower Organizations to Monetize Their Data and Make Revenue
Many organizations don’t know that they can monetize their data and make a profit. But firms can now apply blockchain for data monetization.
Following Meta, Yahoo Announces Metaverse Activities in Hong Kong
Yahoo plans to launch a series of metaverse activities in Hong Kong to explore the use of immersive advertising technologies.
SushiSwap to Redirect Trading Fees to its treasury
SushiSwap will shortly transfer all trade fees to its treasury. 99.85% of voters "clawbacked" 10,936,284 unclaimed SUSHI ($14.8 million) tokens.
New Revolutionary Trading Platform Allows You to Trade 48 Forex, Indices, Commodities and Cryptocurrency Markets with Your Bitcoin!
Geco.one brings Bitcoin holders the ability to enter the Forex, Indices and Commodities markets - as well as of course the Cryptocurrency markets, for the first time by simply depositing Bitcoin.
Despite $45M Square’s BTC Impairment Loss, Cash App’s Quarterly Bitcoin revenue has Tripled
Digital payment giant Square officially released the Shareholder Letter of Q2 2021 on Sunday. Its financial data for the quarter recorded the quarterly bitcoin revenue of its Cash App has tripled, despite the company's bitcoin holdings were devalued by $45 million.
How to Build Sustainable Mobility With Blockchain?
Sustainable mobility is the need of the hour. Mobility service providers have to make public transit attractive to people while adding sustainable and green transport. How can technologies such as Blockchain empower these Mobility Operators in their move towards a greener future?
Ethereum Network's Transaction Prices has Declined: The Block
The Ethereum network's gas fees have declined significantly since 2021, according to The Block.
BTC Breaks Its Strong $10,000 Support Amidst US-China War Trade Cool Off
The price of Bitcoin has taken a serious hit in the past few days as the largest cryptocurrency has dipped below its supposedly strong support of $10k and bounced back up.
Puma Launches Metaverse Space Black Station for Displaying NFTs
Puma has entered the metaverse by launching an interactive space titled Black Station to showcase limited edition NFTs based on its sneakers.
South Africa Pioneers Blockchain-Enabled Property Register Pilot Project
The Centre for Affordable Housing Finance in Africa (CAHF) has teamed up with Seso Global, a blockchain property registry company, to develop the first-ever blockchain-powered property register in South Africa.
Co-Founder Jihan Wu Resigns from Crypto Mining Giant Bitmain
Jihan Wu, the co-founder of Bitmain, has announced that he is stepping down as the chairman of the company in light of internal power struggles.
Chainlink (LINK) Price to Gain Bullish Momentum Despite Broken Correlation with Bitcoin
Chainlink has not seen any upside strength recently, even though Bitcoin has been able to rally over 4% in the past 24 hours. What's next for LINK?
Ethereum Leads ahead of Traditional Markets Performance over the Past 30 Days
The London Hardfork or EIP 1559 upgrade that got activated in August seems to have boosted Ethereum’s performance in the last 30 days.
Bitcoin Rebounds, Despite Bearish Confidence among Institutional Investors
Bitcoin’s price rebounded slightly, which has increased by 24.15% over the past week. However, the institutional sentiment remains bearish.
Ripple XRP Ripplex Proposes XLS-30 AMM Amendment for XRPL Mainnet Integration
RippleX proposes the XLS-30 AMM amendment for XRPL, aiming to enhance decentralized finance. Introduced to Devnet in Nov 2022, it's now up for validator voting. The protocol offers native AMM functionality and a unique auction mechanism to reduce impermanent loss, optimizing asset trading.
Are You Ready for Halal Cryptocurrency?
Recently, many cryptocurrencies are being introduced to serve different purposes. This time round, halal cryptocurrency is soon coming. But are you ready for it?
Ambire Launches ‘Smart Wallet’ Series on Twitter Spaces to Educate and Engage Crypto Users
Following the debut of the first ‘Smart Wallet’ Twitter Spaces on July 21, Ambire is launching a fully-fledged infotainment series, held on Wednesday every week. Smart Wallet is designed to inform, guide and educate users of the crypto space about smart wallets, highlighting their strength as versatile instruments in the wider context of EVM networks and Web3.
Michael Cohen's AI Blunder: Unknowingly Citing Fake Google Bard-Generated Cases
Michael Cohen, former Trump lawyer, admitted to unintentionally using Google Bard AI to create fake legal citations, raising concerns about AI use in legal research and its implications on his credibility as a witness.
R3 Highlights the Transformative Potential of Tokenization in Finance
R3, a leading enterprise blockchain software firm, discusses the transformative potential of tokenization in the financial sector. The company emphasizes the need for regulatory frameworks and industry standards to unlock the full benefits of digital assets. According to a June 2023 report from Bernstein, $5 trillion in assets could be tokenized in the next five years, offering significant opportunities for market participants.
Ether.fi (ETHFI) Initiates Season 2 StakeRank with Enhanced Loyalty Rewards
Ether.fi launches Season 2 StakeRank, offering boosted loyalty points for staking, with a 5% ETHFI token supply allocation and new conditions for participants.
Google Cloud Joins EOS Blockchain Network as a Block Producer Candidate
Google Cloud will join the EOS community and has begun the process of becoming a block producer candidate for Block.one’s EOS public blockchain network.
Microsoft’s Bill Gates on Big Tech Antitrust Hearing – Government Scrunity Inevitable with Tech Success
Bill Gates discussed the antitrust hearing opposing US congress and Big Tech - Amazon, Apple, Facebook, and Google (Alphabet) - and gave his input.
Mastercard Expands Consulting Services to Crypto
Mastercard Inc is expanding its consulting services and is making commitments to a number of innovations in the cryptocurrencies market.
Bank for International Settlements to Issue a PoC CBDC With the Swiss Central Bank Before the End of 2020
The Bank for International Settlements is set to issue a CBDC at the Proof of Concept stage in conjunction with the Swiss National Bank before year-end.
Spotify Says Testing New Feature to Allow Artists Promote NFTs
Music streaming platform Spotify is planning to add support for NFTs in the future.
Google Cloud Introduces Blockchain Node Engine for Web3 Development
Google Cloud's latest launch, Blockchain Node Engine, aims to help Web3 developers build and deploy new products on blockchain-based platforms.
Blockchain Capital Joins the Libra Association as Newest Governing Member
Blockchain Capital investment company has joined the Libra Association as a governing member.
Crypto Project Baer Chain Has Been Classified as a Ponzi Scheme by the Chinese Police Department
The police department of the Haizhou district in Lianyungang, a coastal city in China published a notice on " information verification and registration of investment members of the Baer Chain case” on June 15. According to the notice, the project has been classified as a Ponzi scheme.
Crypto Adoption Grows among Asian Countries, Says Chainalysis Report
Chainalysis has released the analysis report, showing that countries in Central & Southern Asia and Oceania (CSAO) region received more than $900 billion in crypto value from July 2021 to June 2022.
Fortex Launches Crypto Non-Deliverable Forwards
Fortex Technologies, a globally recognized multi-asset trading provider, has announced the expansion of its crypto services to include crypto non-deliverable forwards (NDFs), as well as an institutional platform for cryptocurrencies and digital assets.
Taiwan is Most Interested in NFTs, Says NFT Club Research
Taiwan is the country where people are the most interested in NFTs, according to research conducted by NFT Club.
Spanish Lawmaker Tables a Proposal to be Bitcoin Mining Hub after Kazakhstan Internet Shutdown
Maria Munoz, a member of the Congress of Deputies, seeks to make Spain a Bitcoin mining hub following the turmoil that was continually rocking Kazakhstan.
Women Taking on the Mantle of Leadership in Blockchain and Crypto Law
Women cryptocurrency and blockchain lawyers are taking the helm in several major law firms as they are leading blockchain practice groups in at least a half-dozen reputable law firms, such as McDermott Will & Emery, Morrison & Foerster, and Goodwin Procter.
HK's Ex-Financial Secretary Joins Digital Wealth Manager StashAway as Advisor
John Tsang has become the advisor of StashAway, a Singapore-based digital wealth firm, and has planned to give away a portion of his soon-to-be issued NFTs to attract new clients, Bloomberg reported.
Deloitte Tests Remuneration of Its Staff Using Bitcoin
Deloitte one of the most reputable audit firms globally has shown plans of testing BTC payments on its staff for optimal adoption.
Thailand SEC Eases ICO Restrictions
Thailand’s Securities and Exchange Commission (SEC) plans to lift restrictions on retail investment in initial coin offerings (ICOs). The SEC aims to permit bigger investments in asset-backed ICOs, including those backed by real estate and infrastructure.
Catheon Gaming Hires Mark Aubrey as New CEO To Drive Growth
Mark Aubrey will help Catheon Gaming scale its operations in Asia and across the world. The blockchain firm is seeing significant growth since its formation in September last year. It is apparent that the firm needs someone with a robust operational background to help it scale.
Core Scientific Signs Hosting Deal to Add 75 MW to ASIC Server Capacity
US-based crypto mining company Core Scientific has signed a colocation agreement to secure at least 75 megawatts of energy capacity for its data centres.
Crypto.com Grabs Naming Rights of Staples Center for $700M
Hong Kong-based Crypto.com signed a 20-year cooperation deal worth $700 million with Anschutz Entertainment Group (AEG), which owns the Staples Center and the L.A. Live.
US Department of Homeland Security to Host Blockchain-Based Digital Wallet Event with $25K Reward
DHS Science and Technology Directorate (S&T) and Silicon Valley Innovation Program (SVIP) will host a virtual event for a Digital Wallets Challenge on Oct 27.
Aevo Announces 30M $AEVO Airdrop with Rewards for Active and New Users
Aevo, a burgeoning name in the decentralized finance (DeFi) landscape, has just announced a significant airdrop event, scheduled for March 13, 2024.
India’s Demand for Blockchain Developers Soars by 700%
India's demand for blockchain developers has increased by more than 700% because it is viewed as an incredible blockchain destination.
Blockchain, Brands and Clothing: Will 2020 Continue to Be a Year of Growth?
According to the global brand counterfeiting report 2018, “The growth in global trade and technology has positively affected many markets across the world, but along with that, it has some major adverse effects as well. Business organizations spend a lot of money, time and resources on protecting their brand and trademarks. But even after all the measures, the counterfeit market is booming rapidly.”
FinFabrik and Lumiere Co-create the First Securitized Film with ‘Papicha’
FinFabrik and Lumiere, two companies based in Hong Kong made history by performing the first tokenisation of a direct investment into a movie in the world.
TRST01 Partners with Blockchain Protocol Rubix to Create Green Economy
Two blockchain technology companies, TRST01 (Trust O One) and Rubix, have established a cooperation to provide a Web3 green blockchain technology platform for institutions to create a green and zero-carbon emission future.
Bithumb Touts Indian Alliances for its New Blockchain Protocol
Bithumb Global, one of the biggest cryptocurrency exchanges globally, has announced its intent of availing its new blockchain protocol in India. Dubbed 'Bithumb Chain,' the South Korea based exchange seeks to avail it to Indian startups, companies and even the administration for developing products and services on the foundation of blockchain technology.
Bithumb to Terminate Trading Support for Orbit Chain (ORC)
Bithumb, following the decision of the Digital Asset Exchange Joint Consultative Body (DAXA), will terminate trading support for Orbit Chain (ORC) to protect investors. The schedule for trading and withdrawal has been announced.
Ethereum City Builder MCP3D Goes DeFi with $MEGA Token October 28
Recent months demonstrated explosive growth of decentralized finance with $13 Billion in total value locked. Normally, games are the first thing to take off on new platforms, and seems like DeFi is not an exception here.
Fox Corp Leads a $100M Strategic Investment in Blockchain Digital Content Management Company Eluvio
U.S. media giant Fox Corp announced a $100 million strategic investment in Eluvio, a blockchain digital content management company to expand the Non-fungible token (NFT) business.
Ripple Whales With at Least 10 Million XRP Reach an All-Time High as Spark Token Airdrop Looms
With the Spark token airdrop by Flare Networks scheduled for tomorrow, Ripple addresses holding more than 10 million tokens broke the record at 339.
FunFair’s New Crypto Wallet Intended for Blockchain Mass Adoption
FunFair, a decentralized gaming platform has developed a new non-custodial crypto wallet, intended for propelling blockchain mass adoption.
Core Scientific to Host CoreWeave's AI and HPC Workloads in $100M+ Deal
Core Scientific has signed a multi-year contract to provide CoreWeave with up to 16 MW of data center infrastructure for AI and HPC workloads, with potential revenue exceeding $100 million.
To Criminalize or Not to Criminalize Bitcoin and Crypto? Moscow Reconsiders
The State Duma is discussing its legislative plans regarding Bitcoin and cryptocurrency usage and has been reported to seemingly have a change of heart regarding digital assets adoption in Russia.
China's Guangdong Province Aims to Lead in Quality and Innovation by Embracing Blockchain and AI Technologies
In a recent move, the Guangdong Provincial Party Committee and Provincial Government have issued the "Outline for Building Guangdong Province as a Strong Quality-driven Province," outlining their vision to enhance the leading role of industrial clusters in terms of quality.
Coinbase Allows Employees to Get Four Charge Weeks Holidays for Restoring Energy
Major U.S. cryptocurrency exchange Coinbase said it will give its employees four charging weeks (roughly one per quarter) in 2022 to allow employees to store power.
Twitter Takes on Decentralization with New Social Media Development Project
Bluesky – the new social media decentralized initiative, endorsed by Jack Dorsey of Twitter and five other programmers. Dorsey has dedicated funds for this new project, which ultimately will put social media platforms on blockchain.
Top Three Coins to Watch for the Week: BTC, DOT & OMG
Based on prospective ecosystem activities, BTC, DOT, and OMG are some of the top coins to watch out for this week.
PwC Cybersecurity: CatchMe if you Kan
Felix Kan is a Partner in PwC’s Risk Assurance Cybersecurity Privacy practice with 10 years of extensive experience. Kan began his career as an ethical hacker and has committed his career to helping Hong Kong companies enhance their protections against increasingly sophisticated cyberattacks.
Alibaba Integrates New Blockchain System With its E-Commerce Platform to Enhance Traceability
Alibaba has recently announced its integration of a full-link traceability blockchain system into its import e-commerce platform, Kaola. The Chinese e-commerce giant has previously acquired NetEase’s Kaola cross-border e-commerce platform in September 2019 for $2 billion.
UK to Invest £100m in Global AI Chips Race
The UK government commits £100M to fortify its position in the AI chip market, targeting essential components from Nvidia, AMD, and Intel. Despite this, concerns arise about the UK's global semiconductor share and its comparison to the US and EU investments. Amid geopolitical tensions, the UK plans an AI summit and emphasizes its dedication to being a global AI leader.
Polkadot (DOT) Price Analysis – March 23,2021
The bears occupy the main market, pushing the DOT/USD to the support line below the triangle line. What does this mean?
MIT Cybersecurity Experts Warn Against Use of Blockchain Voting Systems
MIT Cybersecurity experts have said that blockchain-based mobile voting systems are vulnerable to serious failures.
Global Blockchain IoT Market Expected to Generate Returns Worth $5.8 Billion by 2026
The global blockchain IoT market is expected to offer a revenue of $5.802 billion by 2026, driven by factors like IoT being increasingly implemented by mand end-use industries worldwide.
Argo Blockchain Inks Bitcoin Mining Machine Swap Agreement with Core Scientific
The London-listed Bitcoin mining company, Argo Blockchain, has inked a partnership with Core Scientific that will see both companies swap their BTC mining machines over the next few months.
What is DTube?
DTube is a decentralized video sharing platform launched in August 2017 by Adrien Marie, and is one of the most popular decentralized alternatives to YouTube.
Communist Party of China: Members Can Show Allegiance Through Blockchain
The Communist Party of China is offering a new app, whereby members will be in a position to show their loyalty by noting down the reasons for joining. The answers will be stored on a perpetual distributed ledger.
Malta A.I. & Blockchain Summit looks to shape the future
SiGMA Group has announced that the winter edition of Malta A.I. & Blockchain Summit will take place 7th to 8th November 2019, at the InterContinental Arena Conference Centre, St Julian’s, Malta, marking the second event in 2019 for the successful expo.
Meta's Martin Signoux Predicts AI Model Developments for 2024
Martin Signoux predicts 2024 AI model trends including Large Multimodal Models, continuous improvements, Small Language Models' significance, open and proprietary models coexistence, benchmarking challenges, and public debate on AI risks.
South Korean Police Raid Bithumb Crypto Exchange For Second Time in BXA Token Fraud Case
Bithumb, the largest crypto exchange in Korea has been raided for a second time in five days by the South Korean police.
Binance Finalizes Maverick Protocol Integration on BNB Smart Chain
Binance has integrated Maverick Protocol (MAV) into its BNB Smart Chain, enabling MAV token deposits and withdrawals on the BEP20 standard. This decentralized finance infrastructure optimizes liquidity for traders, providers, and developers. Users can find their MAV deposit address on the BNB Smart Chain.
Paradigm Shift amid Global Crypto Chain Reactions
Crypto industry leaders on Wednesday discussed the landscape change amid the market downturn over the past half year.
How Crypto is Helping a Globally-Recognised NGO with Their Covid-19 Response
The Covid-19 pandemic has taken its toll on the world, causing almost half-a-million deaths, illnesses, and economic downturns. The World Bank argues that the deadly virus could push up to 60 million people into extreme poverty, wiping out the progress made in this area in the past three years.
How Blockchain Technology Can be Used to Leverage Booming TikTok and Influencer Trends
Blockchain technology has been a growing hot topic, with companies integrating it more and more into their ecosystem for better security, decentralization, and lower costs, among other things.
Fundraising by Crypto Companies Accounts for $8.2B in Q3
A study says that as cryptocurrencies continue gaining steam, crypto companies raised capital worth $8.2 billion in the third quarter of 2021.
How Does Blockchain Enhance Traditional Project Management?
Projects are very different from every other type of activity; they have a definite beginning, ending and time frame. They are created or initiated to fulfill a specific objective, which after fulfilling they cease to exist. But did you know that 7 out of ten projects overrun their deadlines? How can blockchain enhance the process of project management?
Locked Down in Coronavirus Quarantine? Why not get your Blockchain Credentials for Free?
The coronavirus epidemic has been ravaging China and has raised concerns regarding the effect the disruption may have on the growth of technology within the region. Rising from the panic of the virus has been a plethora of misinformation and fake news which has, in fact, led the country to increase its use of blockchain technology.
Composable Finance Wins Polkadot Parachain Auctions
Composable Finance, a robust cross-chain and cross-layer infrastructure with intuitive tools for developers, has won the 8th slot in the 7th Polkadot Parachain auctions.
Optimism (OP) Prepares for Canyon Hardfork Across Superchain Testnets on November 14
OP Labs Team announces Canyon hardfork for Superchain testnets, November 14, incorporating Shanghai and Capella updates, bug fixes, and EIP-1559 changes. Node operators must upgrade systems.
HIVE Purchases Additional 4,000 New Bitcoin Mining Machines
HIVE Blockchain, a publicly listed firm based in Canada, has announced a purchase of 4,000 Bitcoin mining machines to increase its hash rate production.
Binance Faces Intensified Scrutiny in Nigeria Amid Accusations of Impacting Local Currency
Binance is under heightened scrutiny in Nigeria, with allegations of contributing to the naira's devaluation, challenging the crypto exchange's regulatory dialogues.
Industry Concerns New Policy Implementation after Google Lifting the Ban on Crypto Advertisements
Crypto experts welcome the recent lifting of cryptocurrency advertisements in general. Yet, industrial leaders still concern….
Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share
According to DefiLlama, a ranking and metrics provider for DeFi protocols, the total value locked (TVL) in this sector stands at $208.03 billion.
Blockchain Based Ad Networks Represent the Future of Advertising
The crypto vertical is a highly converting arena for ad marketing networks. They heavily push crypto to their network of affiliates, taking on a variety of digital exchanges and wallets on the advertiser side of the equation.
Bank of Japan Puts Top Economist in Charge of CBDC Development
Bank of Japan’s top economist, Kazushige Kamiyama is now the head of payments and settlements and at the helm of Japan’s exploration of its Central Bank Digital Currency (CBDC) project.
Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development
Circle announces new Web3 services—Gas Station and Smart Contract Platform—to simplify blockchain development and lower costs. These user-centric solutions aim to accelerate the mass adoption of blockchain technologies.
Fintech Investments Amount in Singapore Reached over $3.9 Billion in 2021
The fintech sector in Singapore made significant strides in 2021 by hitting $3.94 billion, with crypto and blockchain funding contributing nearly half at 1.48 billion.
Analysis of Dominance and Dynamics of Bitcoin Mining in 2023
In 2023, Bitcoin mining saw top pools like Foundry and Antpool dominate, navigating 27 difficulty adjustments and 147 empty blocks, showcasing evolving blockchain dynamics.
MetaMask Adds Apple Pay Integration, Expands Options for Buying Cryptos
ConsenSys-owned crypto wallet MetaMask announced Tuesday the addition of Apple Pay integration, increasing options for buying cryptocurrencies.
Smart Contract 101: What is the Structure of a Contract?
A better understanding of the Blockchain Structure could help us learn how to create smart contracts efficiently, here is a simple overview as part of our Learn series.
BCH Price Sees a Bullish Correction After A Week-Long Dip, Chainlink (LINK) Still On a Downtrend
This article reviews the short term price analysis of altcoins Bitcoin cash (BCH) and Chainlink (LINK) as the overall crypto market continues to move bearishly sideways.
Mortgage giant Sun West Up to give away 5 ETH as they introduce blockchain technology during the Game on event June 25th via livestream from Vegas
Sun West CEO and Morgan’s innovator Pavan Agarwal was welcomed by Hall of Famers Terrell ‘TO’ Owens and ‘Ivan’ Pudge Rodriguez as part of the leadership coaching event ‘Game On’.
AI in the Dock: B.C. Supreme Court Tackles Fabricated Legal Cases
The B.C. Supreme Court case raises concerns about AI reliability in legal proceedings, highlighting the need for regulation, education, and ethical guidelines for legal professionals.
The Biggest Cryptocurrency Exchanges In 2021
It can be extremely scary to invest in cryptocurrencies especially for a new time investor due to the constant news they hear about scams.
WordPress Plugin to Boost Copyright Protection by Timestamping Content on the EOSIO Blockchain
Upon setting up a plugin dubbed WordProof Timestamp, WordPress users will be able to encode their content on EOSIO blockchain, securing copyright protection.
SWIFT Works with Chainlink Labs to Develop Cross-chain Interoperability Protocol
Society for Worldwide Interbank Financial Telecommunication (SWIFT) has called for a partnership with the Chainlink Labs Cross-Chain Interoperability Protocol (CCIP) to improve the efficiency of traditional finance (TradFi) on the blockchain.
Bank of Thailand Projected to Go Forward with Central Bank Digital Currency Prototype
The Bank of Thailand (BOT) announced its plans for a Central Bank Digital Currency (CBDC) prototype to be in effect by 2021. The BOT plans to begin the production of their prototype for a CBDC next month.
UK Adults Hesitant in Crypto Investments due to Perceived Lack of Security
A quarter of the UK's adults are hesitant in crypto investments due to a perceived lack of security, according to research from TMT Analysis.
El Salvador Buys the Dip for another 500 Bitcoins
The crypto trading world is in a sell-off panic due to the Fed’s rate hike. President Nayib Bukele announced Monday that the government bought just 500 bitcoins at an average price of $30,744, spending about $15.5 million.
Binance Reveals Why 30 Trading Pairs Where Removed From Its Exchange Platform
The cryptocurrency exchange giant based in Malta, Binance has been outshining Justin Tron who has been renowned for his high marketing skills.
Judge Expresses Concerns Over Proposed Bail Conditions for Former FTX Founder
U.S. District Judge Lewis Kaplan has expressed concerns over the proposed bail conditions for former FTX founder Sam Bankman-Fried, citing the risk of potential evasion and covert electronic communication.
Binance Labs Clarifies Non-Involvement in SkyArk Chronicles' Claimed Investment
Binance Labs recently clarified its non-involvement in SkyArk Chronicles' claimed $15M investment round, spotlighting the need for factual accuracy and transparent communication in blockchain project investments.
Multi-Grammy Winning Singer Akon Planned to Launch Akoin on Stella Network
More updates on Akoincity as Akon’s cryptocurrency project will be available on a newly release whitepaper. Akoin will be launched on Stella Lumens (XLM). Will this trigger massive cryptocurrency adoption in Africa?
Spanish LaLiga League Joins Hands With Sorare to Launch NFTs for all Players
Spanish LaLiga league has teamed up with Ethereum-based fantasy soccer game platform Sorare to establish non-fungible tokens (NFTs) for all its players.
Reasons behind Monday’s Crypto Market Sell-off Panic: Evergrande Group shaky Bankruptcy Threat Ahead
The fall down of the Chinese real estate giant Evergrande Group swept the entire cryptocurrency market. Evergrande’s financial crisis caused investors to worry about China’s catastrophic debt default, which caused panic selling in the market.
LG Electronics Expands Business in terms of Blockchain Technology & Crypto
As part of its expansion plan beyond home appliances, South Korean tech giant LG Electronics intends to add blockchain, cryptocurrency, and medical devices as new sectors in its corporate charter.
Ethereum’s Joe Lubin: ‘I Would Love to Help China Get Expert in Ethereum Technology’
Ethereum co-founder and ConsenSys founder Joseph Lubin was interviewed by Forbes on Saturday, and among other things, he said that he’d love to help China get up to speed with Ethereum technology.
Blockchain Investments in 2021 Surpasses Past 3 Years' Total Capital Raised: KPMG
The blockchain ecosystem might still be relatively tagged as new. However, when it comes to funding and recognition by Venture Capital (VC) Firms, they are arguably fast attaining maturity.
Solana Network Goes Offline Amid Massive SOL Price Plunge
The Solana blockchain network has been down for several hours, an incident that adversely affected the price of SOL cryptocurrency. Restoration efforts are underway.
Vietnam to Propel Blockchain Training for Enhanced Competitiveness
To gain an upper hand in the blockchain sector, Vietnam is in high gear to boost human resources in this sector
NBA Top Shot Creator Dapper Labs's Flow Launches $725m Blockchain Ecosystem Fund
NBA Top Shot producer Dapper Labs has announced a $725 million eco-fund for Layer 1 blockchain Flow to help grow the flow ecosystem.
Sotheby's to Accept Ether in Live Bidding for Sale of Banksy's Works
Sotheby’s auction house will be accepting Ethereum cryptocurrency during live bidding for its upcoming virtual exhibition where two of Banksy's artworks will be up for sale.
Ripple’s CEO Argues XRP Decentralization: Are Bitcoin and Ethereum Really Controlled by China?
The Ripple team has countered the SEC's decentralization argument claiming that Bitcoin is controlled by China as a result of the mining pool concentration. Is this true?
ShareRing Rolls Out Skinny ID for Frictionless Blockchain-Based Digital Identity Solutions
ShareRing, a blockchain-based ecosystem providing digital identity solutions, has launched Skinny ID aimed at offering a seamless and frictionless onboarding process.
ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge
Central Banks are planning their own payments revolution which could eliminate most cryptos from the cross-border payments conversation - all except Ripple (XRP).
Warner Music Group Artists to Own NFT Page on OpenSea
NFT marketplaces OpenSea has partnered with US-based music and entertainment giant Warner Music Group to help attract more music fans through NFT projects.
Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth
Tether Holdings Limited reported a Q4 2023 profit of $2.85 billion, boosted by US Treasuries, Gold, and Bitcoin reserves, and a net profit of $6.2 billion, showcasing strong financial health.
Brazil Records the First Blockchain-Based Birth Certificate
The first birth certificates recorded on the blockchain was issued in Brazil to Álvaro de Medeiros Mendonça.
US SEC Reopens Rejected Bitwise BTC ETF For Review
The United States Securities and Exchange Commission (SEC) has announced that it will revisit and review its previous decision to reject Bitwise Asset Management and NYSE Arca’s filing for a Bitcoin (BTC) exchange-traded fund (ETF).
Judge Dismisses Antitrust Suit Against Apple Over Apple Cash
US District Judge has dismissed an antitrust lawsuit targeting Apple, where Venmo and Cash App users claimed Apple Cash had an anti-competitive edge.
Protagonist Establishes $100m Crypto Fund, Supporting Blockchain & Web3 Ecosystems
Protagonist, a Miami-based crypto fund and incubation lab rolled out a $100 million fund to boost emerging blockchain and Web3 networks.
Topnotch Bitcoin Mining Machine Manufacturer Bitmain Suspends Sales due to Chinese Crackdown
The world's top bitcoin mining machine manufacturer Bitmain Technology Co., Ltd. announced that it would suspend the sale of mining machines worldwide in response to the Chinese government's recent crackdown on domestic mining activites.
S. Korean Artist Management Firm Hybe Eyes Expansion into NFTs
Hybe, one of S. Korea's top K-pop management agencies, is planning to expand its marketplace for NFTs by collaborating with celebrities not managed by the firm.
Women in Blockchain: Sam Shrager of BCB Group
The Women in Blockchain Series describes the journeys of some of the pioneer women driving initiatives and changing the nature of work by leveraging this revolutionary technology.
China’s Blockchain Service Network Unveils New International English-Based Website
China's Blockchain Service Network, introduced in early 2020, has launched an official international website.
UN Agency Employs Blockchain to Protect Migrant Workers in Hong Kong From Illegal Fees
Blockchain is being deployed by the International Organization for Migration to curb the exploitation of domestic helpers in Hong Kong by unethical agencies who charge illegal fees.
Veteran Trader Peter Brandt Warns Bitcoin Can Go Below $1000
After the roller coaster ride of Bitcoin early this morning, veteran market trader Peter Brandt comes out with a bold statement saying that Bitcoin price may go even down to as low as $1000.
Cosmos Hub Postpones Vote Date On New Security Model Proposal
After two respective postponements, the Cosmos' vote date to approve proposed changes to the network’s Hub has now been fixed to October 31.
Hive Digital Technologies Bolsters Global Reach with Swedish Data Center Acquisition
Hive Digital Technologies acquires a data center in Boden, Sweden, enhancing its Bitcoin production and affirming its commitment to green energy and AI.
FATF Virtual Assets Guidelines for Cryptosphere Review
With the growing concern of virtual assets/cryptocurrencies being used as a medium for the financing of illegal activities, the Financial Action Task Force (FATF) issues revised guidance from time to time to combat money laundering and terrorist financing involving virtual assets (VAs) and virtual asset service providers (VASPs).
US House Committee Chairman Seeks Insights into Crypto Retirement Plans
Bitcoin is increasingly becoming a larger part of many institutional portfolios, including pension funds. A number of public pension funds, which have been investing in private equities to increase their investment yields, are now investing in cryptocurrencies.
Russia Collaborates With Other Countries to Setup Stablecoin Cross-border Clearing Platform
Russia is already working with several countries to establish clearing platforms for cross-border settlements of stablecoins, according to the state-backed TASS news agency.
Galaxy Digital Invests $44 Million Into Institutional Cryptocurrency
Galaxy Digital invests $44 million in institutional bitcoin custody platform GK8 to integrate its asset storage and management capabilities.
Microsoft Reveals Azure Maia AI Accelerator and Azure Cobalt CPU
Microsoft unveiled Azure Maia 100 AI Accelerator and Azure Cobalt CPU, optimized for AI and cloud computing, with deployment scheduled for early 2024.
Coinbase Commerce Accepts Dogecoin as Payment Method
Coinbase’s e-commerce platform officially announced that it accepts Dogecoin as a payment method Wednesday. Yet, it excludes in the scope of The S&P Cryptocurrency Broad Digital Market (BDM) Index.
BTSE Becomes 1st Exchange to Offer Perpetual Futures Trading for Overcollateralized Stablecoin
Crypto exchange BTSE has become the first to offer perpetual futures trading for the world's newest stablecoin- US Decentralized (USDD).
Big Time Studios announces OPEN LOOT Platform & Gaming Fund
Following the success of launching the flagship title ‘Big Time’ into Early Access and generating NFT sales in excess of 100 million dollars, BIG TIME Studios Ltd. (BTS) announced the OPEN LOOT (OL) Platform. OL enables developers to launch web3 games and distribute their NFTs through the OPEN LOOT Marketplace. Its Vault technology enables an extremely easy-to-use experience for receiving and managing blockchain-based digital assets, allowing players to trade and sell to one another in a very natural way.
Ukrainian Volunteer Groups Receive Bitcoin Donations amid Tension with Russia
Ukrainian volunteer groups and related NGOs are receiving Bitcoin donations, given that Russia has marshalled at least 100,000 troops on the border.
Luxury Luggage Brand Hermes Files for Crypto, NFT and Metaverse Trademarks
In December last year, luxury giant Hermes sued NFT project MetaBirkins for allegedly using its brand to sell digital collectables, joining other luxury fashion companies trying to gain a foothold in the virtual online world.
Lawrence Dallaglio Appointed Strategic Global Advisor for Caduceus to bring Sport into the Metaverse
Caduceus Metaverse Protocol (CMP) today welcomes on board English World Cup Winning Rugby legend Lawrence Dallaglio in a vital new advisory role Caduceus is the world’s first Metaverse protocol with edge-rendering technology to bring developers, creators, and users on an unrivaled Metaverse experience. In their quest to introduce web3 technology to the wider public, they have now signed up Lawrence Dallaglio to work in an advisory role.
President of Liberland Keynotes in Vienna and London
As part of his continued international work, President of Liberland, Vit Jedlicka, presented recently in both Vienna and London. Opening his talks he asked the audience “who has thought about founding a country?” In both cases, the audience responded with humour and some awe. And in London about six hands went up. Vit had hit upon a nerve which may or may not have been promoted by Brexit.
Ripple Co-Founder Proposes Alternatives to Proof-of-Work Model to Make Bitcoin More Sustainable
Many industry experts have addressed the issue of sustainability, and how the current Bitcoin network can be tweaked to achieve better energy efficiency.
US proposes new bail conditions for former FTX CEO
The US Department of Justice has proposed new bail conditions for former FTX CEO Sam Bankman-Fried, which include communication restrictions and monitoring of his online activity. The proposal also requests that temporary bail conditions recently imposed should be made permanent. Bankman-Fried's $250 million bail has been under scrutiny since he was found to have contacted potential witnesses on his case, and a superseding indictment against him was unsealed containing 12 criminal counts.
Why Bitcoin Traders Are Continuously Buying the Dip
Bitcoin (BTC) fell below the important support level of $52,000 yesterday, dropping to a low of $50,360.
DJ 3LAU Establishes NFT Music Investment Platform Royal by Obtaining $16M in Seed Funding
American musician Justin Blau, also known as 3LAU, established the blockchain music investment company Royal, supported by a $16 million seed round.
Binance Gets Business License to Offer Trading Services in Dubai
Binance has continued to make its foray into the global crypto markets. The leading exchange gets a new business license in Dubai, where the company intends to establish a regional headquarter there.
Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain
The French Central Bank, Banque de France has recently successfully trialed a central bank digital currency (CBDC) – the digital euro, operating on a blockchain. The Bank of France experimented with the use of a central bank digital currency to test a sale of securities, which was carried out by Société Générale Forge. Banque de France launched a program of experiments to test out potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants have been invited to submit their applications to experiment with the use of a digital euro.
ECB Officials Urges to Accept Digital Euro in Brick-and-Mortar Stores
Fabio Panetta, a member of the Executive Council of the European Central Bank (ECB), suggested that acceptance of the digital euro in brick-and-mortar stores, as well as online entities, would help promote the use of the fiat digital euro.
US Banking Giant Patents AI Fact Checker to Simplify Investing in Crypto
Capital One Services, a subsidiary of US banking giant Capital One has patented a new artificial intelligence system to guide human cryptocurrency traders through the complicated world of misinformation in the digital assets space.
Web3-centric NFT Platform Pixel Vault Obtains $100M Investment
Pixel Vault, a web3-centric NFT platform, today announced a $100 million investment from venture capital firms Velvet Sea Ventures and 01A.
Social Media Giant Snap Lays off 20% of Staff, Terminates Web3 Team
Social media giant Snap announced 20% layoffs this week, leading the Web3 team to become a casualty of that move.
HK FinTech Week: What’s Next for Blockchain in Finance?
HK FinTech Week: What’s Next for Blockchain in Finance?
Square Wants Less Technical User-Friendly Cryptocurrency Wallets
Square Crypto, the cryptocurrency arm of the online payment service provider Square Inc is set to fund the development of crypto wallets with enhanced UX.
Bitcoin Slides Below $60,000, ETH & Altcoins Prices Drop
Bitcoin slid below $60,000 as euphoria over the first U.S. Bitcoin futures ETF dissipated. Other performances like Ethereum and altcoins have been subjected to the bear sentiment as well.
OpenAI Negotiates Licensing with Major Media Amid NY Times Copyright Dispute
OpenAI is negotiating content licensing with major media outlets like CNN, Fox, and Time, amidst a copyright lawsuit with The New York Times. The talks highlight the evolving relationship between AI technology and media copyright, with issues like fair compensation and legal clarity at the forefront.
NYSE Launches Shares of Pro Crypto Silvergate Bank for Trading
American Commercial bank Silvergate Capital, a bank focused on digital currencies, is now officially established on the New York Stock Exchange (NYSE), with an opening of $12.75. Parallel to the event was the celebration of its initial public offering (IPO), as per NYSE.
UAE Crypto Insights: 72% Investors Lean Towards Bitcoin
The UAE's crypto investors, according to a survey by KuCoin, are overwhelmingly in favor of Bitcoin, highlighting the need for trust, security, and crypto education, as well as a keen interest in blockchain and AI integration, indicating the country's potential as a crypto hub.
HK-based Animoca Brands Partners with S. Korea's Cube Entertainment for K-pop Metaverse & NFTs
Animoca Brands is partnering with Cube Entertainment to build a metaverse and non-fungible tokens as K-pop has been taking the world by storm.
Ex-Polychain Capital General Partner Launches $125M Crypto Venture Fund
The fund, dao5, will invest in early-stage protocols and blockchain firms.
Coinbase Partners with Chainlink Labs to Launch NFT Floor Price Service
Blockchain infrastructure protocol Coinbase Cloud and decentralized oracle network Chainlink Labs work together by launching an NFT floor price feed service.
Venom Foundation Announces the Release of its Public Testnet
Venom, a Layer-1 blockchain that operates out of the Abu Dhabi Global Market (ADGM), today announced that its public testnet is officially live. The milestone marks a significant accomplishment in Venom’s roadmap as it prepares to launch on mainnet. Along with the testnet launch, Venom has also unveiled a host of in-house developed decentralized applications as part of its growing ecosystem.
Coffee Company to Use IBM Blockchain to Connect Farmers And Consumers
The J.M. Smucker Company, known as Smucker’s, has announced that blockchain technology will be implemented in their system to trace Colombian coffee beans directly back to their source, all the while enabling consumers to support coffee farmers through the platform.
Cosmos Hub Votes to Reduce ATOM Inflation Rate to 10%
Cosmos Hub proposes reducing ATOM inflation rate from 14% to 10%, lowering annual staking yield from 19% to 13.4%, optimizing security expenses and introducing a liquid staking module.
US CFTC Approves Clear Markets For Operating Crypto Derivatives
The U.S. Commodity and Futures Trading Commission (CFTC) confirmed it has approved the U.S. subsidiary of electronic trading platform developer Clear Markets to offer physically settled crypto derivatives, according to Clear Markets shareholder SBI Holdings.
Amazon Launches Virtual Clinic Called Amazon Care
Amazon, the world’s largest internet company by revenue, quietly launched a virtual health clinic for Seattle-area employees, CNBC reports.
Kosovo Imposes Ban on Crypto Mining After Facing Electricity Crisis
Cryptocurrency miners in Kosovo are facing a temporary ban on crypto mining from the government in order to curb electricity consumption as the country faces a severe energy crisis.
UBS and OSL Pioneer Hong Kong's First Ethereum Tokenized Warrant
UBS AG, in collaboration with OSL Digital Securities, introduces Hong Kong's first tokenized warrant on the Ethereum blockchain, marking a landmark moment in financial innovation and blockchain adoption.
South Korea's FSC to Submit Two Crypto-Related Acts to National Assembly
According to Newsis on July 13, the People's Power Party and the Financial Services Commission of South Korea are planning to submit amendments to the Electronic Securities Act and the Capital Market Act to the National Assembly within this month.
Jack Daniel’s Parent Company Brown-Forman Targeted for Ransomware by Notorious REvil
Brown-Forman, Jack Daniel’s parent company and a giant powerhouse in the alcoholic industry, recently suffered a ransomware data breach originating from REvil.
Russian Alexander Vinnik Remained To Jail Five Years For Money-laundering
The Paris Court remained upheld of five-year imprisonment for BTC-e operator Alexander Vinnik. Still, it exempted him from a fine of 100,000 euros to consider that Vinnik was unable to pay the fine.
Exclusive: CEX.IO - The Holistic Bitcoin Exchange Taking the US Regulatory Road Less Travelled
Oleksandr Lutskevych is the Co-founder and CEO at CEX.IO LTD, a successful London-based holding company consisting of the CEX.IO Bitcoin Exchange. Established in 2013 as the first cloud mining provider, CEX.IO is a multi-functional regulated cryptocurrency exchange, registered as a Money Business Service (MSB) by US regulator FinCEN.
Renault Deploys Blockchain for Vehicle Compliance Certification from Design to Production
Renault, a leading French automobile manufacturer, has established the XCEED blockchain system to ensure compliance of all car parts from design to production.
Bitcoin’s Taproot Upgrade Launch in Three Days, Smart Contract Capabilities to be Unlocked?
Within around three days, Bitcoin’s Taproot will go live. It is arguably the most anticipated and vital upgrade to the BTC network since the Segregated Witness (SegWit) improvement in 2017.
IAMAI to Host World’s Largest Virtual Global Fintech Fest
New Delhi, 01st July 2020: Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising the two-day virtual Global FinTech Festival on 22-23 July 2020.
Hedge Fund Billionaire Ken Griffins Manages to Outbid for Copy of US Constitution
Hedge Fund billionaire Ken Griffins outbid a coalition of crypto investors to buy a rare, first-edition copy of the US constitution at a Sotheby’s auction.
UK Embraces Crypto Innovation with Groundbreaking Financial Services Act
The UK government has taken a bold step forward in the financial services sector, embracing the dynamic world of cryptocurrency and blockchain technology with the passing of the Financial Services and Markets Act 2023.
Possible Impacts of Bitcoin Futures on the World Economy in the Next 10 Years
In the past month, there was a little increase of attention towards Bitcoin futures as Bakkt launched its own market, the Bitcoin futures market has been around since 2017. However, there are still some individuals who don’t clearly understand what it is.
Taiko Raises US$37M from Top-tier VCs Ahead Of Mainnet Launch
Taiko has successfully raised US$37 million in a funding round led by top-tier venture capital firms, positioning the company for its upcoming mainnet launch. The investment highlights the growing interest and confidence in Taiko's innovative blockchain solutions.
Bithumb Lists Civic (CVC) and HUNT in Korean Won Markets
Bithumb, a leading virtual asset platform, has announced the addition of Civic (CVC) and HUNT tokens to its Korean Won trading market.
DBS Offers 4 Crypto Trading for Premium Clients in Singapore
Singapore-based banking giant DBS announced to enable accredited investors to trade four cryptocurrencies, including BTC, BCH, ETH and XRP on its digital exchange.
HK-based Gusto Collective Raises $11m in Funding Round Led by Animoca Brands, Gaw Capital
Hong Kong-based Gusto Collective has raised $11 million in its Seed Plus funding round led by Animoca Brands and Gaw Capital.
How To Protect Your Wealth When Bitcoin Continues To Drop
Concerns over the security of Bitcoin and the speech from Donald Trump may have caused a brutal sell-off among cryptocurrency markets.
Brazil’s Nubank Set To Launch Digital Currency On Polygon Blockchain
Nubank, a fintech bank based in Brazil has announced it’s set to launch its own digital token called Nucoin which will be available by the first half of 2023.
Asia-focused multi-currency stablecoin protocol, Bluejay Finance, raises $2.9M in funding
Bluejay Finance, a capital-eff icient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects like Ribbon Finance, Flux, Voltz, and Alpha Venture Dao. Bluejay Finance, a capital-eff icient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects like Ribbon Finance, Flux, Voltz, and Alpha Venture Dao.
Likvidi Launches Platform with Blockchain Tech for Projects access Carbon Credit Markets
Likvidi and Albo Climate have launched a platform with blockchain technology to help projects access the carbon offset markets.
South Korea to Introduce 10%-50% Gift Tax on Crypto Airdrops
Users who receive crypto airdrops in South Korea could be taxed at 10%-50%. The virtual asset gains tax will start taking effect in 2025.
Why Bitcoin's Price Is Expected to Increase This April
Although Bitcoin (BTC) started 2021 with a bang, its momentum has slightly stalled in March .However, according to market experts, this trend is likely to be reversed as April approaches.
Samsung Electronics to Secure its Smart Gadgets With Blockchain-Based Solution
Multinational tech giant, Samsung Electronics has unveiled its plans to protect its connected devices using a Samsung Knox Matrix solution
PwC: Crypto M&A and Fundraising in Asia Reports Major Growth
PwC previewed its latest white paper—PwC Global Crypto M&A and Fundraising Report—last Thursday at CoinDesk’s Invest: Asia event. This is the first report by PwC on the broader crypto ecosystem, but the firm will continue to publish updates twice a year moving forward.
Crypto.com Backs MIT's Digital Currency Initiative With a 4-Year Partnerhship
Singapore-based digital currency trading platform Crypto.com has announced the Digital Currency Initiative support at the Massachusetts Institute of Technology’s (MIT) Media Lab with a four-year partnership.
MetaHollywood Aims to Become Largest Hollywood-Themed Metaverse
MetaHollywood is building the largest online community within a Hollywood-themed metaverse following a joint venture between Animoca Brands and the Planet Hollywood Group.
Entropy Closes $25M Seed Round for Building Decentralized Custody Platform
Entropy announced that the crypto asset firm has closed a $25 million seed round, The Block reported.
US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate
The US Treasury Department Office of Foreign Asset Control has sanctioned two men believed to involved in laundering stolen cryptocurrency from a 2018 cyberattack against a cryptocurrency exchange.
Use of Crypto Mixers Reaches ATH in 2022: Chainalysis Report
Blockchain analysis firm, Chainalysis has released a report on the doubled use of crypto mixers this year with illicit addresses responsible for about 10% of the total usage
UK Requests Crypto Exchanges to Report Suspected Sanction Breaches
The UK authorities have introduced the new rules in response to Russia’s invasion of Ukraine. The regulations cover all valuable digital assets.
Marathon Digital Initiates Bitcoin Mining Powered by Renewable Landfill Energy
Marathon Digital Holdings and Nodal Power are launching a 280 kW Bitcoin mining pilot project in Utah, converting harmful methane emissions into electricity for sustainable mining.
New Blockchain Patent Presented by US Postal Service as Trump Denies Funding for Mail-In Votes
In light of the 2020 US presidential elections, Trump admitted to denying funding to the United States Postal Service (USPS), despite the mailing service’s proposal on Thursday of a new patent for a blockchain-powered voting system, which would make ballot casting more secure.
Biden's Administration to Release Crypto Strategy on Digital Assets Next Month
US President Joe Biden's administration is working on an initial government-wide strategy on digital assets for release next month.
Reddit Launches New NFT Avatar Marketplace
Reddit has partnered with Polygon blockchain to enable the launch of the new NTF marketplace. The popular social media platform is capitalizing on NFTs to propel its growth.
Nous-Hermes 2 Mixtral 8x7B Surpasses Mixtral Instruct in Benchmark
Nous-Hermes 2 Mixtral 8x7B surpasses Mixtral Instruct in benchmarks, offering SFT and SFT+DPO models with ChatML prompt format, enhancing AI performance and user experience.
US Spy Agencies Suggest Cryptocurrencies May Be a Threat to the US Dollar and the Euro
Just like JPMorgan Chase CEO, the American intelligence community has tagged cryptocurrencies as a threat to the economy, and the Dollar
Bitcoin Bull Run Ahead? Understanding the Factors Driving Bitcoin's Price Growth
Bitcoin breached its key resistance of $7,300 today. Block halving, change in economic supply and an Ichimoku Kumo twist are driving the price forward. In this article, we analyze the price movement, the change in supply dynamics, and how BTC halvings have performed historically.
Bitcoin Plunges to $56K Due to Weakening Trading Volume
As Bitcoin's price has been hovering around $60K for a long time, the spot market has been in a weak state, causing BTC to fall to $56K.
Sequoia Capital's $213.5m Investments in FTX Marks Down to $0
Amid the liquidity crisis in FTX, Sequoia Capital announced to mark down its FTX investment to $0.
VanEc's Crypto Lending Fund Grants $35m Investments from 2 Fairfax Retirement Funds
VanEck, a global ETF and mutual funds investment manager, announced that it has granted a $35 million direct investment from two Fairfax County retirement funds for its crypto lending fund.
How to Leverage FinTech Opportunities in Africa
Insights from Paxful on FinTech opportunities in Africa!
Digital Asset Lender Genesis Confirms Risks Exposure of 3AC's Insolvency
According to Bloomberg, Digital asset lending firm, Genesis Capital, said it would sell its collateral to hedge against bad debt risks if Three Arrows Capital fails to meet margin calls.
Russian Blockchain E-Voter Identities Can be Exposed Through Vulnerability
On the final day of Russia’s vote on the proposed constitutional amendments—a vulnerability in the blockchain-based system that allows user’s votes to be decrypted has been exposed by Russian media.
Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site
Criminal analyst, Kim Reece, has been named as a finalist for the Samuel J. Heyman Service to America Medal for her role in the takedown of the South Korean ‘Nth Room’ child pornography chat rooms hosting the content of Welcome to Video blackmail sex and exploitation site.
What is VeChain?
VeChain was founded in Shanghai in 2015 by the former CIO of Luis Vuitton China, Sunny Lu, as a blockchain to improve business processes and supply chain management.
Unraveling ChatGPT Jailbreaks: A Deep Dive into Tactics and Their Far-Reaching Impacts
Exploring the intricacies of ChatGPT jailbreak strategies, this paper delves into the emerging vulnerabilities and the advanced methodologies developed to evaluate their effectiveness.
Reserve Bank of Australia May Still Have Its Eye on CBDC After All
Reserve Bank of Australia's Tony Richards has said that the RBA will continue to consider the potentials of issuing a CBDC.
MetaBunny NFT gaining traction in Thailand
Capturing all the hype from Thailand, a number of popular Thai influencers have shared their keen interests in the MetaBunny NFT project.
Binance CEO CZ Surpasses Tech Giant, Holding World's Biggest Crypto Fortune with $96B Net Worth
Changpeng Zhao, the CEO of Binance cryptocurrency exchange, enjoys a fortune of $96 billion, who become the richest person, surpassing many tech giants, including Facebook's Mark Zuckerberg.
Tezos Integrates Harbinger Price Oracle As Network Prepares For DeFi
Tezos is taking another step towards decentralized finance (DeFi) with a delegated price feed oracle called Harbinger.
TBZ Eyes Blockchain for Jewellery Validation
TBZ (Tribhovandas Bhimji Zaveri), a famed jewellery brand in India, is eyeing technological innovations, such as blockchain, virtual reality, and artificial intelligence (AI), to authenticate its jewellery.
PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups
We arranged an interview with Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain during the SFF, which Shu Ning shares with us the investment sentiment of Singaporean blockchain startups and the state of enterprise blockchain adoption in Singapore.
Argentina Fighter Guido Cannetti Accepts Salary in Stablecoin
Argentina athlete Guido Cannetti of the world's leading mixed martial arts competition Ultimate Fighting Championship (UFC) announced that his salary will be paid in full in stablecoin USDC.
TikTok Owners Launch Blockchain and AI company with Shanghai Dongfang Newspaper
TikTok owners agree to a new partnership to advance blockchain advancements with Chinese News Outlet, Shanghai Dongfang Newspaper Company.
5 Factors Behind Chiliz (CHZ)'s Price Surge
Chiliz (CHZ) is a blockchain-based sports platform that aims to provide blockchain-powered solutions for the sports industry and help fans participate in the token economy.
British Virgin Islands Aims to Rollout a New USD-Backed Digital Currency
The government of the British Virgin Islands, in partnership with LIFElabs.io, aims to develop a digital currency that will be peeled at the ratio of 1:1 against the United States dollar to be used with the territory.
Hodlnaut Lost $190M from Hong Kong Branch in TerraUSD Wreck
A report from the interim judicial manager has uncovered that cryptocurrency lender Hodlnaut's Hong Kong branch lost nearly $190 million during the collapse of the Terra/Luna digital token in May 2022.
Ethereum and Solana Disrupt Venture Capital With Coinbase-Backed DAODAO
Today, the fundraising process for founders is highly-centralized, with a handful of elite venture capitalists controlling who gets funded and who doesn’t. In addition, founders must typically wait ten years or more for their company to “go public” and become traded on a liquid exchange. But that could soon change as blockchains like DeSo enable founders to raise money from millions of Bitcoin, Ethereum, and Solana users with just the click of a button.
Firstblock Introduces Firstblock Labs To Support The Next Generation Of Web3 Innovators
FirstBlock, a leading blockchain solutions provider, announces the launch of FirstBlock Labs, a virtual laboratory designed to support and help Web3 startups thrive in the rapidly growing blockchain industry.
Binance Announces Upgrade to Proof-of-Reserves Verification
Binance's zk-SNARKs update improves proof-of-reserves verification security and transparency.
JPMorgan Collaborates with Indian Banks to Launch Blockchain-Based Dollar Settlement System, Reported Bloomberg
JPMorgan Chase & Co., the American multinational investment bank, has formed an alliance with six Indian banks to inaugurate a blockchain-based platform that will handle interbank dollar transactions within India's emerging International Financial Centre.
CipherTrace Unveils Crypto Predictive Risk Model to Combat Suspicious Transactions in Wake of Twitter Scam
CipherTrace, a cryptocurrency intelligence company, has introduced a predictive risk-scoring model to instantly avert money laundering of cryptocurrencies from ransomware attacks and theft.
Avalanche Received $230M Funding with its Token AVAX Hitting a Record High of $68.89
On September 16, the Avalanche Foundation received a $230 million investment from a group led by Polychain and Three Arrows Capital. The price of AVAX soared to a record high of $68.89 today
FinTech Association of Hong Kong Supports HKMA's Risk-Based Approach to Regulate Stablecoins
The FinTech Association of Hong Kong said that it is in principle supportive of the Hong Kong Monetary Authority's January discussion paper on crypto assets and stablecoins.
Alchemy Pay Bolsters Hong Kong's Crypto Infrastructure with Enhanced Virtual Card Services
Alchemy Pay enhances Hong Kong's crypto infrastructure by adding new BINs for its Crypto Virtual Card, aligning with the region's evolving regulatory landscape and advancing global crypto payment solutions.
Swiss-based Crypto Firms Selects Tezos for Tokenizing Finance Products
Swiss firms, Crypto Finance Group, InCore Bank, and Inacta have tapped the power of Tezos blockchain to launch tokenized finance products.
Correlation Between Performance of Equity Markets and Crypto Assets in Asia Increased: the IMF
The International Monetary Fund said that the returns and volatility correlations between Bitcoin and Asian equity markets have increased significantly since 2020, before the pandemic.
Pre-Production Solana Phone Set to Ship to Developers in December
As the launch draws closer, Solana phones (also called Saga) pre-production are now set to be shipped out to developers for testing from December 15th.
CertiK Raises $60m In New Funding in Two Weeks
The new fund comes just two weeks after CertiK mopped up $88 million Series B3 round as the blockchain company continues to beef up its business offerings.
R3 and Asian Central Banks Join Forces to Unravel Central Bank Digital Currencies
Blockchain.News spoke with Carl Wegner, the Head of Asia Pacific at R3, who has been with the company for over three years, with a major focus on developing business and partnership opportunities for the consortium. Having been in the trade finance industry for over 30 years, Wegner feels that it is an incredible opportunity for blockchain to help streamline processes.
Global Blockchain Technology Market Expected to Hit $19.9 Billion
The global blockchain technology market is anticipated to reach $19.9 billion by 2026 from the current $3.4 billion value, according to market research publisher Global Industry Analysts Inc.
Bitcoin Transaction Fees Soar After Block Reward Halving
Bitcoin transaction fees continue to soar after halving.
HK FinTech Week: Understanding Misconceptions on Cryptocurrency
Misconceptions about cryptocurrencies have been prevalent since their inceptions more than ten years ago with Bitcoin being the first to revolutionise the blockchain system.
May 26: It's Always Been There
Strategy today? With SPX e-mini futures now just shy of 20 points from 3,000 level and the highest it's traded since the March 23 crash, I expect BTC to follow. Expectedly, this recent sell off has been mostly triggered by large players (i.e. whales) trimming their positions.
Bitcoin, Bumble, and Beyond
What do Bitcoin and Bumble have in common? They’re both showing us glimpses of the #AIP future.
Musk's Boring Company to Accept Payment in Dogecoin
Elon Musk's The Boring Company will accept payment in Dogecoin for rides in its Las Vegas Loop, a CNN report stated.
Dinari Secures $10M Seed Funding, Expands Crypto Asset Offerings
Dinari, a blockchain-based investment platform, secures $10M in seed funding, launches RWAs on Arbitrum, and expands dShare with crypto-themed assets, bridging TradFi and DeFi.
UK to Host First International AI Safety Conference in November
The United Kingdom is set to host the world's first international conference on AI safety on November 1-2, 2023. The summit aims to position the UK as a mediator in tech discussions between the US, China, and the EU. Prime Minister Rishi Sunak will host the event at Bletchley Park, featuring notable attendees like US Vice President Kamala Harris and Google DeepMind CEO Demis Hassabis. The conference will focus on the existential risks posed by AI, among other safety concerns.
David Beckham Joins Metaverse, Becomes DigitalBits Blockchain Global Brand Ambassador
Famous football star and entrepreneur David Beckham has been announced as a global brand ambassador for the DigitalBits blockchain.
Oman Central Bank Issues Warning Against Crypto Trading, Specifically Dagcoin
The Central Bank of Oman has warned citizens that cryptocurrencies come with a high risk and specifically highlighted the risks as they pertain to Dagcoin.
Exclusive: Liberal Society Comes with Friendly Crypto Regulations
As a veteran lawyer in technology, Nathan Kaiser of Cardano Foundation shares his insights in identifying countries with friendly crypto jurisdictions. He also examined how different jurisdictions affect both on-chain and off-chain governance.
Bitget creates an AI-powered crypto trading tool
Bitget, an influential entity in the fields of crypto derivatives and copy trading, has introduced a novel tool called the Martingale AI trading bot. This AI-powered innovation is engineered to help its users trade cryptocurrencies with higher efficiency.
Binance to Support BNB Beacon Chain and BNB Smart Chain Network Upgrades and Hard Forks
Binance supports network upgrades and hard forks of BNB Beacon Chain and BNB Smart Chain, with maintenance scheduled for April 15, 18, and temporarily suspending deposits and withdrawals.
Former Meta and Pinterest Executive Joins Sequoia-Backed Decentralized Social as COO
After years spent developing the category-defining technology powering its infrastructure, Sequoia-backed DeSo is hiring Salil Shah, a seasoned executive with experience at Meta and Pinterest, to scale the business.
Tesla Records $23M Impairment Loss on BTC, Despite Revenue and Profit both Exceeded Expectations in Q2 Financial Report
American electric vehicle manufacturer Tesla released its second-quarter financial report on Monday. The company recorded a $23 million impairment loss on Bitcoin subject to the recent volatility.
Mina Stones to Propel Ethical Mining in Africa via Credits Blockchain
Mina Stones, a pioneer of Handcrafted African Fine Jewelry, seeks to avert the unethical mining problem in Africa by using Credits blockchain to alter the present gemstones supply chain.
Wendy's Launches AI Drive-Thru Chatbot
Wendy's has partnered with Google Cloud to launch an AI chatbot called "Wendy’s FreshAI" that will take drive-thru orders. The chatbot will use natural language processing to generate responses and is expected to revolutionize the fast-food industry.
All You Need to Know Before Investing in Cryptocurrencies
It is best to understand how it differs from other methods, as well as how to avoid cryptocurrency scams before you make an investment.
IMF Educational Cryptocurrency Video Receives Backlash from Bitcoin and Crypto Experts
A video posted by the International Monetary Fund (IMF) on its social platform has generated a lot of criticism from the cryptocurrency community.
Facebook Sets up $50M Investment Fund for the Development of Metaverse
Social media giant Facebook announced a two-year grant of $50 million to strengthen the interpersonal connection between reality and virtual reality, consumer hardware and promotion of Metaverse products' development.
Miami Mayor Francis Suarez: Bitcoin Will Be "Biggest Story For Next Few Years"
Francis Suarez, Miami Mayor, wants his city to embrace blockchain technology, Bitcoin and digital assets.
DeFi Technologies Inc's Subsidiary Valour Owns over $274m in AUM
DeFi Technologies Inc announced Wednesday that its subsidiary Valour records $274 million in assets under management (AUM).
Carrefour Shoppers in the UAE to Get Farm-to-Shelf Information with Blockchain Technology
Carrefour customers in the United Arab Emirates (UAE) will be able to track the origins of the products with blockchain technology.
Women in Blockchain: Alisa Berezutska of Krypton Events
The Next Block Asia held in Bangkok was a huge success in June 2019. Organized by Krypton Events, Next Block 2.0 will be back in Bangkok on Dec. 3, gathering blockchain leaders to discuss affiliate marketing in the age of crypto. We caught up with Alisa Berezutska, CEO of Krypton Events on her blockchain journey and shared with us her personal take on “Women in Blockchain”.
DeFi - Find Out What's Happening in Macau on This Exciting Topic
DeFi is explored in Macau by some of the leading names in this space. The FinWise Summit is second to none in delivering quality content at a fast pace
Coinbase Establishes Open Source Cryptography: Kryptology
American cryptocurrency exchange Coinbase announced the launch of Kryptology, an encryption library that focuses on building complex encryption technologies.
Animoca Brands' PRIMATE Token Sees Enlistment on Huobi Global
Animoca Brands announced on April 29, that its PRIMATE Token had been listed on the Huobi Global crypto exchange for trading.
Meta AI's Top 10 Research Breakthroughs of 2023
Meta AI announced ten significant AI research achievements in 2023, including image segmentation, computer vision, brain decoding, and multisensory AI, indicating progress and potential integration into everyday life.
Crypto Assets Mark Cap Continuously Sinks by $200bn
The market cap of the crypto asset continues to suffer by losing $200 billion within a day. Bitcoin suffers from bear market sentiment, breaking $26,000 to its lowest level in 16 months.
South Korea to Introduce Blockchain-Powered COVID-19 “Vaccine Passports”
In order to revive cross-border travel and keep infection risks under control, the South Korean government seeks to issue blockchain-backed COVID-19 “vaccine passports” to immunized citizens.
Cardano’s Shelley Mainnet Set to Launch, ADA Price Predictions are High
The third-generation blockchain Cardano is making some promising strides with its development plan as it matures into its more decentralized “Shelley Era.”
Ex-CFTC Boss Christopher Giancarlo Joins CoinFund as Advisor
Christopher Giancarlo, the former Chairman of the Commodity Futures Trading Commission (CFTC) has joined CoinFund as a strategic advisor.
Elon Musk Foresees an AI-Dominated Future, Believes China will Command Significant AI Capabilities
Elon Musk, CEO of Tesla, opened up about the future of artificial intelligence (AI) and autonomous driving during his virtual address at the World AI Conference in Shanghai on July 6, 2023.
xAI's Grok: Musk's Novel AI Chatbot with Real-Time Insights
Elon Musk's xAI unveiled Grok, an AI chatbot, inspired by 'The Hitchhiker's Guide to the Galaxy, providing real-time world knowledge and answering questions with humor, outperforming other models.
Smart Contract 101: MetaMask
MetaMask is a crypto wallet & gateway to blockchain apps. It also a tool for interacting with decentralized applications (DAPP).
Mauritius Jumps on Digital Currency Bandwagon
The issuance of Central Bank Digital Currency (CBDC) has been making airwaves with nations, such as China, leading the hype. The Bank of Mauritius, the central bank of the Republic of Mauritius, seeks to join this bandwagon based on an announcement that it wants to introduce a digital currency.
Interchain Foundation to Spend $40 Million on Cosmos Ecosystem Development
The ICF supports adoption initiatives like Interchain Builders and Interchain NFTs while emphasizing core development.
IMF Concerns El Salvador Bitcoin Adoption as Legal Tender
The International Monetary Fund (IMF) expressed their concerns over the recent adoption of legalising Bitcoin (BTC) as a legal tender in El Salvador.
Twitter & Instagram Reportedly To Launch NFT Collectibles
Twitter and Instagram reportedly develop non-fungible tokens (NFT) feature on its app, a mobile developer reveals.
Blockchain Analytics to Help Curb Crypto Misuse, Says HashCash CEO
Blockchain analytics is believed to help fill the void of curbing money laundering and cybercriminal activities, according to Raj Chowdhury, the CEO of HashCash Consultants.
2022 was a tough year for crypto with a decline in venture
Due to tough macro circumstances and industry developments, blockchain and cryptocurrency-related VC investments fell every quarter in 2022.
Bitmain Commits $54 Million Investment in Core Scientific, Inc. Amid New Supply Contract
Core Scientific has secured a $53.9 million investment from Bitmain, a leading manufacturer of digital currency mining servers. The deal involves a $23.1 million cash payment and an equity exchange worth $53.9 million in Core Scientific common stock. The partnership aims to boost the Bitcoin Network's efficiency and contribute to the company's self-mining hash rate.
BORA to Establish Cross Chain with Polygon in expanding Web 3.0 Market: KBW 2022
South Korean-based and blockchain-based content platform operator BORANETWORK (BORA) announced Wednesday to establish a cross-chain with Polygon to expand the global ecosystem and user liquidity contact points.
Alfa Romeo Unveils Tonale SUV with NFT Tracking Capabilities
Italian automobile brand Alfa Romeo is launching a new Sports Utility Vehicle in 2023, the Tonale, and it will incorporate NFTs and blockchain technology in its data capturing procedures.
Chinese Tech Company Tencent Launches Blockchain Accelerator
Tencent, the Chinese multinational conglomerate, on April 29, 2020, announced the launch of its new blockchain accelerator which is now open to both mature and early-stage blockchain-based startups. The 'Tencent Blockchain Accelerator' will allow the selected projects to reap special benefits like four mentoring meetings every year, a rich network of industry experts, and the opportunity to learn more about the international blockchain community.
Dubai Regulator Grants Virtual Asset License to Former Singapore Legislator's Company
The VARA license allows Calvin Cheng- a former Singaporean member of Parliament, for his Web3 company to operate within Dubai’s crypto market.
Binance Coin (BNB) Price Analysis-April 8,2021
Although Bitcoin experienced a sharp decline, Binance Coin (BNB) showed a very strong trend and has not been dragged down by Bitcoin.
El Salvador’s Digital Bitcoin Wallet Chivo Removes Key Pricing Feature
El Salvador’s digital Bitcoin wallet Chivo removed a pricing feature that allows users to make quick profits on trades, siting efforts to increase the crackdown on speculation involving the world’s biggest cryptocurrency.
Zetrix-based NFTs Minting Launches on the NFT Pangolin
Zetrix-based NFT Minting joins the global marketplace NFT Pangolin recently.
Mastercard Partners with 3 Firms to Launch First Crypto-Linked Payment Cards in Asia Pacific
Mastercard said that it has cooperated with three well-known digital asset companies in the Asia-Pacific region to launch a Mastercard payment card funded by cryptocurrency.
Bitcoin Ad in Hong Kong Apple Daily Publication Promotes Bitcoin As Beyond Government Control
In the Hong Kong Apple Daily today, a full-page ad was dedicated to Bitcoin, calling on Hong Kongers to move their wealth beyond the control of “any” government.
Crypto Trading Lesson 1 - Understanding the Fundamentals: Probability
Trading is a multifaceted activity that necessitates a profound understanding of various concepts and strategies. While the ultimate objective of trading is to generate profits, achieving this goal entails more than just the basic principle of buying low and selling high. The core concepts of trading encompass probabilities, risk management, opportunity identification, relative mispricing, and more.
Binance Launches 'Crypto Against COVID' Charity Project To Fight Global Pandemic
On March 25, 2020, Binance in its blog post announced the launch of its new fundraising project titled 'Crypto Against COVID' which aims to raise $5 million in cryptocurrencies which will be used to buy medical equipment for the countries worst affected by Coronavirus.
OpenSea to Lay off 20% of Employees
OpenSea, one of the largest marketplaces for NFTs, suggested that about 57 people will be laid off as it said it now has 230 employees.
Bitget Pledges $10 Million for Fetch.ai Ecosystem
Bitget, a cryptocurrency derivatives exchange, has pledged $10 million towards the development of the Fetch.ai ecosystem. Fetch.ai provides infrastructure for autonomous services and features an AI agent network and smart wallet.
Global Currency Organization Launches New USD Stablecoin USDD
The Global Currency Organization (GCO) has launched a new USDD token, a US dollar-backed stablecoin, intended for revenue sharing in institutions.
Japan's Akatsuki Raises $20m Fund for Investing in Web3 Projects
Japan's Akatsuki announced that it has raised a $20 million fund for investing in web3 projects, according to The Block.
US Congress Considers Using Blockchain for Remote Voting While the White House Urged to Stay Competitive with China
The US Congress is considering using blockchain technology to enable the Senate to conduct remote voting during the ongoing COVID-19 pandemic. The report highlighted that the crisis emphasized the need to consider certain functions to proceed remotely when it may not be safe for members to gather in person. The report explored a combination of different technologies to be used, including blockchain and encrypted E2EE.
Blockchain-based Games Rallied Up 2,000% in One Year, DappRadar’s Latest Report Shows
Despite setbacks, blockchain games are dominating in the DApp industry. Sutdy from DappRadar shows blockchain-based games has risen by 2,000% since Q1 of 2021.
The Most Unworkable State Law
An Illinois senator has presented a law that would compel crypto node operators, miners, and validators to reverse transactions if ordered by the court, even though it's impossible.
Hong Kong's 2020 Budget: Digital Assets May be Incorporated into Regulatory Framework but not Blockchain
Financial Secretary of Hong Kong, Paul Chan been under intense pressure from lawmakers to dip into the government’s fiscal reserves to help the city get out of an economic slump. After months of anti-government protests and the emergence of the coronavirus epidemic, Hong Kong residents aged over 18 will receive a cash handout of HK$10,000. The budget also highlighted the forecast of an all-time high deficit of HK$139 billion for the coming fiscal year.
Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View
The safety of crypto wallets was recently questioned, after an incident where a Bitcoin address was successfully hacked.
Singapore Regulator Bans Crypto Ads on F1 Tracks
According to the Wall Street Journal, Singapore’s financial regulator Monetary Authority of Singapore(MAS) told F1 organizers that it would ban Crypto.com ads from appearing on the track.
Ethereum’s Transaction Volume Hits a 5-Month High
Despite Ethereum (ETH) correcting from the historic high of $4,860 attained recently, the second-largest cryptocurrency is still experiencing high transaction volume on its network.
ConsenSys Picked to Help Develop Phase 2 of Hong Kong's CBDC Project
Blockchain firm ConsenSys has revealed that it has been awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA)
$400M Funding helps Gemini valued at $7.1B to Build a Decentralized Metaverse
American cryptocurrency exchange Gemini raised $400 million through growth equity financing, led by Morgan Creek Digital. Now it is valued at US$7.1 billion.
5 Ways The Crypto Market Has Changed In 2020
The cryptocurrency market is constantly evolving. Among new investment methods, new technologies, and new cryptocurrencies altogether, these are some of the most prominent developments in 2020.
Explosive growth alongside peace of mind offered by C10 from Invictus
With investor focus shifting towards the next market downturn, investors are increasingly seeking protection against potential future drawdowns. The Invictus Capital Crypto10 Hedged fund (C10) is that protection investors are looking for and holds the answers to many investor concerns. The C10 fund has continued to offer investors unparalleled risk adjusted returns in 2021 with a 119% increase in performance for the first quarter.
BNB Chain Introduces Web3 Verification Tool
BNB Chain has launched a verification tool to help users identify genuine affiliations and potential threats in the Web3 space. The tool aims to prevent fake bridges, deceptive websites, and imposter social media profiles, ensuring user safety.
Brazilian Crypto Exchange Foxbit Raises $21M in Series A funding, Led by OK Group
Brazilan Cryptocurrency exchange Foxbit announced that it has raised $21 million in a Series A round led by OK Group, owner of cryptocurrency exchange Okcoin.
Mid-Size Banks Ask for Deposit Insurance Extension
The Mid-Size Bank Coalition of America (MBCA) has requested that the US Federal Deposit Insurance Corporation (FDIC) extend insurance on all deposits for the next two years, which would immediately halt the outflow of deposits from smaller banks and stabilize the banking industry, according to a Bloomberg report. The MBCA proposed that the banks themselves fund the insurance program by raising the deposit-insurance assessment on lenders who opt to participate in the increased coverage, and the failure to provide this could result in up to 300 banks going under.
Coinbase Acquires Crypto Wallet Firm BRD
US-based crypto exchange Coinbase announced the acquisition of crypto wallet startup BRD, aiming to create more secure and reliable access to the encrypted decentralized world for users.
Bitcoin Miners’ Control of BTC Network is Gradually Shrinking
Coin Metrics, a provider of on-chain and off-chain crypto asset market data, has released a new report showing Bitcoin miners’ control of the BTC network is decreasing.
El Salvador Relaunches Chivo Wallet and Plans to Roll Out 1,500 BTC ATMs Nationwide
El Salvador relaunches the Chivo Wallet, which promises to enable instant low-fee Bitcoin transactions by integrating with white-label infrastructure provider AlphaPoint while addressing issues related to stability and scalability.
Breaking: Coinbase, a16z, and Ledger Back New Texas Alliance Advocating for Clear Digital Asset Regulations
The Crypto Freedom Alliance of Texas, backed by industry leaders like a16z crypto, Bain Capital Crypto, Blockchain Capital, Coinbase, Ledger, and Paradigm, is launching a campaign to establish transparent and consistent digital asset regulations in Texas. The alliance aims to provide insights and guidance to regulators and industry stakeholders, fostering innovation and protecting consumers. The alliance is expected to grow and play a more influential role in the Texas legislative process.
Tron Blockchain Launches USDD Decentralized Stablecoin by Tron DAO Reserve
Justin Sun, the founder of the Tron blockchain network, said that he has launched a USDD decentralized stablecoin pegged to the US dollar at a ratio of 1:1 through the Tron DAO Reserve.
US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress
In a congressional hearing which was held on January 30, US Representative Tom Emmer has expressed his concern about the excessive criticism of innovations in digital payment, saying that it may repress its progress.
Greater Bay Area Blockchain Week 2021 to Bring Global Attention to Blockchain Innovation
Being one of the world’s fastest growing tech hubs, Greater Bay Area (GBA) attracts audiences passionate about smart technology applications for business, education, and finance to come together for the premier international virtual event.
India's Proposed 30% Tax on Digital Asset Implies Recognition of Cryptos
India's decision to regulate cryptocurrencies by introducing a high crypto tax rate of up to 30% on all transactions involving digital assets is an indication that the government recognizes cryptocurrency transactions as valid.
Paradigm Bags Record-breaking $2.5b for Largest Crypto Venture Fund
Crypto investment firm Paradigm One smashed a previous record of $2.2 billion with $2.5 billion for the largest cryptocurrency venture fund ever.
Chinese MIIT Issues Guidance on Blockchain Technology
China has issued guidelines for promoting the application of blockchain technology and industrial development.
Arbitrum's New ArbOS 11: A Game Changer for Blockchain and Crypto
The recent implementation of ArbOS 11 by the Arbitrum community introduces key improvements, including EVM Shanghai support and gas efficiency enhancements, fostering optimism in the crypto market for ARB.
Microsoft's 2.5 billion GBP Investment in UK AI: Catalyst for Innovation and Growth
Microsoft's significant investment in the UK's AI infrastructure is expected to significantly enhance the country's technology sector and its global AI standing.
Uniswap's Front-End Fees Surpass $1 Million
Uniswap's front-end fees exceed $1 million in 24 days, contributing 17.4% to its total fees, with an estimated annual revenue of $15.2 million.
Bakkt Partners with Starbucks to Test Consumer App and Merchant Portal
Mike Blandina, Chief Product Officer, Bakkt, revealed that the company's current interest lies in developing the consumer app and merchant portal and as well as testing with their first launch partner, Starbucks.
The Top Dapps to Consider Using in 2020
DApps are a significant shift from traditional apps, majorly due to the underlying principle of decentralization, which drives the whole lifecycle. While traditional apps are controlled by centralized authority, DApps run on a decentralized blockchain. Now, let’s look at some of the top useful DApps that consumers should consider using.
Cash App Introduces Bitcoin Transactions via Lightning Network
The payment processing app created by Block Inc, Cash App, has now accepted bitcoin transactions, enabling users to both send and receive Bitcoin via the lightning network.
Will DeFi Migrate to New Blockchain Platforms with the Surge in Ethereum Gas Prices?
The rise of DeFi in 2020 has made experts question whether Ethereum could sustain the sheer volume of transactions in the long run.
X Marketplace Launches Integrated NFT IP Marketplace
X Marketplace will allow users to list NFT IP, and license projects to IP for zero fees.
Rainforest Foundation Uses Crypto to Protect the Brazilian Amazon
An announcement was made regarding a campaign to fight against the deforestation of the Brazilian Amazon with the aid of the cryptocurrency community. The Rainforest Foundation has developed its own crypto – Bitseed in 2014 and has been embracing cryptocurrencies for years.
EMT Pilots Facial Recognition and Blockchain Ticketing Project in Madrid
EMT, a public transportation firm in Madrid wants to use blockchain for its ticketing pilot project.
Bitcoin Needs to Break $51K Level for an Continuous Upsurge
Market analyst Michael van de Poppe believes Bitcoin should break the $51,000 level if an upward momentum is to continue, failure to which a pullback to the $44-$48K level will be witnessed.
Greece Establishes High-Level Advisory Committee for Artificial Intelligence Strategy
Greek Prime Minister Kyriakos Mitsotakis announced the formation of a High-Level Advisory Committee for AI on October 19, 2023. Led by MIT Professor Constantinos Daskalakis, the committee aims to prepare Greece for the rapid advancements in AI and their applications. The committee will focus on long-term national strategy, including policy development and guidelines, in key areas such as economy, society, and innovation.
Celsius May Repay Customers With Wrapped Assets
Executives at Celsius Network are proposing to pay back customers by issuing new wrapped assets to trade on other platforms, a new leaked recording revealed.
MintMe.com Coin Secures 25 Million Dollars Investment Commitment From GEM Digital Limited
GEM Digital Limited commits 25 Million Dollars to MintMe.com Coin. MINTME rose by over 50,000% in the last two years, and such news will only speed up its march to the top.
Less Than 10% of Chinese Blockchain Companies Actually Have Blockchain
Here’s something unsurprising, The Block, citing China’s “Focus Report,” says that over 90% of China’s 32,000 blockchain companies don’t have the technology:
Bitcoin Mining Difficulty Increases by 3.4%
Data published by BTC.com showed that Bitcoin's mining difficulty increased by 3.4%, which is a decrease from the previous jump of 9.26% on August 31. However, it is the fourth positive adjustment in a row.
Chinese Robinhood Futu & Tiger Brokers To Expand Crypto Trading Abroad
Two Chinese online brokerages Futu and Tiger Brokers reportedly intend to expand their business into the crypto trading market abroad against stock competitors app, like U.S-based Robinhood.
Will Distributed Ledger Technology and Cryptocurrencies Ever Lead to the Extinction of Banks?
In the world we live in today, virtually every sector of human activities have begun to experience one form of digitisation or another, and the Banking sector happens to be one of the sectors at the forefront of this evolution.
Mastercard Launches NFT-Gated Artist Accelerator Program
Mastercard announced a new artist accelerator program, which is NFT-gated and only accessible to holders of its Mastercard Music Pass NFT. The program is a collaboration with Polygon and offers free access to educational materials, unique AI tools, and other experiences.
Yearn.finance Takes Pickle Finance Protocol Onboard to Enhance DeFi Rewards
Leading DeFi protocol Yearn.finance has absorbed Pickle Finance to create a structure that will leverage shared expertise, boost specialization, and minimize work duplication.
Pakistani Judge Challenges Federal Authorities Over Cryptocurrency Ban
Justice Muhammad Iqbal Kalhoro of the Sindh High Court (SHC) has challenged the State Bank of Pakistan's ban on cryptocurrencies in 2018.
Ransomware Hackers Hunt for Bitcoin by Targeting Call of Duty: Warzone
Ransomware hackers have raided Call of Duty: Warzone player accounts and demanded Bitcoin payments in exchange for releasing the retained data.
Crypto.com Becomes 1st Crypto, NFT Partner with Women's Professional Sports Team Angels FC
Crypto.com announced on Tuesday that it has partnered with Los Angeles' Angel City Football Club (ACFC) for exclusive rights to issue official cryptocurrencies and NFTs.
Can CBDC Drive Financial Inclusion?
There are still 1.7 billion unbanked in the world. What are the reasons behind such a significant number of unbanked? Can CBDC drive their financial inclusion?
Ukrainian President Signs Law to Establish Regulatory Framework for Crypto
Amidst the ongoing war on its shores, Ukraine President Volodymyr Zelenskyy has signed into law the bill that will legalize digital currencies in the country.
OpenSea Delists CryptoPunks V1, Following Takedown Notice From Developers
OpenSea has once again delisted the CryptoPunks V1 collection due to a Digital Millennium Copyright Act takedown notice issued by developers Larva Labs.
TRON Credited with Powering Record USDT Growth
With all the speculation around future growth of cryptocurrency protocols, it can be hard to gauge fundamental network health accurately. However, one metric that never fails is user adoption, an indicator that can be measured onchain. When applied to TRON, this metric shows that the network’s user base is proliferating very rapidly, with USDT accounting for a significant tranche of all onchain activity.
COPA Sues Self-Declared Bitcoin Founder Craig Wright
Cryptocurrency Open Patent Alliance (COPA), an initiative created by Twitter CEO Jack Dorsey’s payment company Square, has moved to sue Craig Wright over the Bitcoin white paper.
The Listing of Clean Energy Crypto-Mining & Semiconductor ETF on NYSE Launches
The clean energy encrypted mining and semiconductor exchange-traded fund (ETF), created by registered investment advisor and emerging fund manager Viridi, was officially traded on the New York Stock Exchange on July 20 under the code name RIGZ.
Mastercard Reveals to Develop CBDC as The Private Payment Provider
Digital payment Mastercard CEO Michael Miebach expresses his strong support for CBDC on the Q3 earnings conference call.
BME Rolls Out Blockchain-Powered Collateral Pledge Certificates
BME, a Spain-based stock market operator, has established a service dubbed BE DLT-Preda that deploys blockchain technology in the digitization of collateral pledge certificates. This, therefore, eradicates the urge for physical documents.
GameStop's NFT Marketplace is Out in Beta
GameStop's NFT marketplace is out in beta and integrated with the Ethereum Layer 2 zkRollup protocol, Loopring (LRC).
Demand for Blockchain and AI Expected to Push Market Value to $980.7M by 2030: Report
Since blockchain and artificial intelligence are among the greatest technological innovations, their demand is expected to make the market value soar to $980.7 million by 2030, a study suggests.
How The Casino Industry is Gaining Profit Amid The COVID Lockdown
Analysts from Morgan Stanley have predicted in a recent online publication that the impact of Coronavirus in the U.S., which has led to the shutdown of casinos, could lead to faster growth of the online sports betting industry, and online casinos. The countrywide lockdown that was instituted to control the spread of Covid-19 has spurred an interest in online gambling for individuals involved in the industry, as well as attracting new customers.
Thailand Sees PoW Mining Surge As China Ban Lingers On
As the popular saying goes, one man’s food is another man’s poison, the same can be said of crypto mining which is largely on the rise in Thailand amidst the persistent ban on related activities in China.
Crypto.com and Mobilum Technologies Form a Strategic Partnership, Provide Crypto Liquidity Services
Mobilum Technologies Inc has signed a strategic service agreement with Crypto.com, by providing token liquidity services to crypto.com customers with better services.
Amber Group has Laid off up to 10% of its Workforce this Year
Cryptocurrency trading platform Amber Group claims it has laid off up to 10% of its workforce so far this year due to sluggish market conditions.
The launch of a nonfungible token protocol on the Bitcoin mainnet
On Jan. 21, Bitcoin introduced "Ordinals," an NFT-like programme. However, meme-inspired JPEGs are filling Bitcoin blockspace.
Jul 24 Trading Analysis: What Bloodbath?
Despite stonk's bloodbath, BTC managed to close higher on the day with some short squeeze liquidation through $9600 level. I am actually surprised that we are still trading at current levels, would only be a matter of time that we see us retracing back some of its gains, which was why I said yesterday, we need to continue to monitor the momentum of capital into BTC.
Binance Announces Removal of Multiple Trading Pairs Including BAT, CVX, FORTH
Binance delists 22 spot trading pairs in three phases, starting at 05:00 UTC on September 8, 2023. Users are advised to update or cancel their bots and convert BUSD assets into other available assets before February 2024.
Exploring AI Stability: Navigating Non-Power-Seeking Behavior Across Environments
The research explores AI's stability in non-power-seeking behaviors, revealing that certain policies maintain non-resistance to shutdown across similar environments, providing insights into mitigating risks associated with power-seeking AI.
The Wormhole hack: hacker shifts $155 million
On January 23, a DEX received $155 million in Ether. The Wormhole attack, which lost 120,000 Wrapped ETH on Feb. 2, was 2022's third biggest crypto heist.
Billionaire Stan Druckenmiller Owns Less Bitcoin than Gold, but says BTC has Better Risk-Return Potential
“I’m a bit of a dinosaur, but I have warmed up to the fact that Bitcoin could be an asset class,” said Stanley Druckenmiller during an interview with CNBC.
Microsoft Ventures into Nuclear Energy to Power AI Development
Microsoft is venturing into nuclear energy to support its growing AI and cloud computing needs. The company has posted a job listing for a Principal Program Manager in Nuclear Technology, focusing on the development of an energy strategy based on SMRs and microreactors. While this move aims to address the energy-intensive nature of AI models, it also raises questions about the environmental and logistical challenges associated with nuclear energy.
E-commerce Shopify's Founder to Join Board of Coinbase
Tobias “Tobi” Lütke, founder and CEO of e-commerce company Shopify Inc., will join the board of directors of Coinbase, the largest cryptocurrency exchange in the United States.
University of Cambridge: Crypto Asset Users Have Skyrocketed to 101 Million Globally
The University of Cambridge has found that the estimated number of cryptoasset users stands at 101 million worldwide.
Facebook’s Libra Developers Release Initial Roadmap
The developers behind Facebook’s cryptocurrency project Libra have released their initial roadmap outlining the milestones they plan to achieve prior to the mainnet launch of the Libra blockchain.
Cryptocurrency Phishing 2023: Wallet Drainers Steal $295 Million from 324,000 Victims
Scam Sniffer's 2023 report shows a significant rise in sophisticated crypto phishing scams, causing losses of $295 million to over 324,000 victims, highlighting ongoing industry challenges.
Hive Blockchain Generated 465.1 BTC, 2957 ETH in July
Hive Blockchain said it currently holds 3,091 Bitcoin and 6,820 Ethereum as of August 4, 2022, after producing 278.5 BTC and 2,957 ETH in July.
JustCarbon DAO Announces Multi-Exchange Platform Partnership
Carbon action marketplace JustCarbon has announced a multi-exchange platform partnership with DigiFinex, Coinsbit, LAToken and Coinstore signifying a play for dominance in the carbon market.
Digital Dollar's Benefits Could Affect Financial Stability & Privacy: US Fed
The US Federal Reserve said that the introduction of an official digital version of the US dollar could benefit Americans but it may also potentially affect financial stability and privacy.
Court Upholds OFAC's Designation of Tornado Cash Under IEEPA
The US District Court upheld the OFAC's designation of Tornado Cash under the IEEPA, rejecting plaintiffs' claims of overreach and First Amendment violations, highlighting legal challenges for privacy-oriented blockchain entities.
Bitsliced, the revolution behind asset tokenization
While the adoption of cryptocurrencies continues to grow, as evidenced by last year's bull market, there is still an abundant need to integrate real-world assets onto the blockchain. Bitsliced's purpose is to fill this gap by bridging blockchain technology with the physical world. Through Bitsliced's app and set of smart contracts, Bitsliced will make it intuitive and easy to tokenize and fractionalize assets from different markets such as collectibles, real estate, traditional art, and several other use cases.
Hong Kong, a Coronavirus Hit City: How is the Blockchain Ecosystem Bracing for Greater Impact?
Workers in China are now stuck in their hometowns, with 27 Mainland cities on lockdown in the country. Hong Kong has been investigated cases of environmental transmission of the coronavirus, as two residents in Hong Kong have been infected who live in the same residential building, but on different floors. This, in turn, could impact the US stock market, as the country was previously confident that China could contain the spread of the disease.
Power Ledger Wikipedia Page Removed By Biased Crypto-Hating Wiki Editor David Gerard
Power Ledger recently became the target of the anti-crypto zealot and Senior Wikipedia Editor David Gerard who argued to delete their Wiki page.
Crypto Squid Collapses after Jumping More Than 310,000% in Value
Cryptocurrency Squid, inspired by the popular Netflix series Squid Game, collapsed on Monday after jumping more than 310,000% in value as of Sunday night.
Walmart Clarifies False report, Not Accepting any Litecoin for Payment
On Monday, retailer Walmart issued a clarification to debunk a false report concerning a partnership between Walmart and Litecoin (LTC). Walmart stated that it has no relationship with Litecoin.
Libra Testnet ‘Going Strong,’ Boasts Over 51000 Transactions and 34 Projects
Regulators may think it’s the work of the devil but Facebook’s crypto project, Libra, has been “going strong.”
VeChain Reaches Record-High, Soaring by 12%
VeChain (VET) set a new all-time high today, touching a high of $0.1911.The cooperation with Salesforce has contributed to the surge in prices.
Taiwan's Financial Regulator Cautions Investors Amidst Crypto Volatility
Taiwan's FSC urges public caution with virtual asset trading due to extreme price volatility, highlighting the speculative nature and risks involved.
Blockchain as a Solution for Data Management in Clinical Trials
Applying blockchain technology to clinical trials can help resolve one of the industry's biggest weaknesses: Poor data management. Learn how blockchain's immutability trait can become a trial investigator's best asset.
Brazilian Crypto Firm 2TM Announces Second Round of 15% Layoffs
2TM - the Brazilian startup that owns the Mercado Bitcoin cryptocurrency exchange - announced Thursday that it will lay off 15% of its workforce, or about 100 employees.
DeFi Lending Protocol Compound Launched its Compound III Version
Defi lending protocol Compound announced that Compound III (V3)was officially launched on the Ethereum mainnet.
Unauthorized Cryptocurrency Betting Jeopardizes Jockey Racing Integrity, Warns HKJC Expert
During a presentation at the Asian Racing Conference in Cape Town, South Africa, Tom Chignell, a Hong Kong Jockey Club expert, warned that illegal cryptocurrency betting markets could seriously compromise jockey racing integrity.
Binance Launches Refugee Crypto Card for Displaced Ukrainians
Binance said that it has launched the Binance Refugee Crypto Card for Binance users from Ukraine who were forced to move to the European Economic Area countries due to the ongoing war with Russia.
Crypto Winter Beats Top Crypto Billionaires from US Ranking - Forbes
The downturn in the broader digital currency ecosystem has hit some notable billionaires in the US, pulling four names out of the wealthiest American’s list according to Forbes data.
Ten Malaysians Arrested for Unlawful Bitcoin Investment Event
Ten Malaysians have been arrested in Chiang Mai, Thailand, and charged with illegally running a business that encourages Chinese nationals to invest in Bitcoin without a valid license.
UK Regulator Examines AI Impact
The UK Competition and Markets Authority (CMA) is examining the impact of AI on consumers and the economy, with a focus on foundation models. The regulator plans to examine their usage against key principles, including transparency and accountability. The review aims to help develop AI in ways that ensure open, competitive markets and effective consumer protection, with guiding principles for consumer protection and healthy competition to be produced. The findings are set to be published in September 2023.
Taj Quantum Utilizes Blockchain in Authentication Systems, Awarded Patent for Groundbreaking Type II Superconductor
Taj Quantum was awarded a patent for a Type II Superconductor and utilizes blockchain for authentication systems, as announced on July 31, 2023.
Latin America E-Commerce Giant MercadoLibre Purchases $7.8 Million Worth of Bitcoin
Mercadolibre announced a $7.8 million Bitcoin purchase, believing deeply in the cryptocurrency.
DAppstore Creator Decenternet’s Spyce Token to be Listed on BW Exchange November 22nd
Decenternet has created a marketplace for decentralized applications (dApp store) and a decentralized web browser. The token accompanying this new online ecosystem will be called Spyce. The BW Exchange plans on listing the Spyce token on November 22nd, 2019.
Huobi Announces Plan To Launch A Fiat Gateway For Turkish Users
At the Eurasia Blockchain Summit Istanbul, Huobi Global declared its ambition to launch a crypto trading platform for Turkey users which will start with Turkish Lira (TRY) / paring and which they hope will enable users to exchange more crypto assets with greater liquidity.
IOHK Rolls Out Shelley Upgrade to Cardano Ahead of Public Participation on the 7th of July
IOHK rolls out Shelley upgrade to Cardano ahead of public participation on the 7th July
Mercedes Partners with Blockchain Company to Track Carbon Emission in Cobalt Supply Chain
A collaboration between the major car manufacturers, Mercedes Benz and Circular, a Blockchain Startup to carry out a combined program which would be for the purpose of tracing the emissions of carbon in the cobalt supply chain.
Japan Advances LLC-Type DAOs: Easing Tokenized Membership Rights Regulations
Japan proposes amendments to ease regulations on tokenized membership rights for Decentralized Autonomous Organizations (DAOs), aligning tokenized rights with traditional company memberships, marking a significant step towards fostering DAO operations.
Fundstrat’s Thomas Lee Discusses: What Happens After the 10 Best Days for Bitcoin?
Thomas Lee, the Co-Founder, Managing Director, and Head of Research at Fundstrat Global Advisors, known for his opinions on the Bitcoin and crypto market has sat down with Blockchain.News to discuss his views on some macro trends and the Bitcoin industry we’re currently observing.
OKX Ventures Invests in Celestia Lab's Series B Funding for Modular Blockchain Development
OKX Ventures has invested in Celestia Lab's Series B funding round to advance the development of the first modular blockchain network, Celestia. This investment aligns with the growing trend towards modularity in blockchain technology, aimed at overcoming scalability issues inherent in traditional Layer-1 chains. The initiative also underscores OKX Ventures’ broader commitment to fostering blockchain innovation globally.
Exclusive: Lack of Interdisciplinarity - Culprit for FinTech Talent Shortage
Professor Aris Stouraitis, Department Head of Finance & Decision Sciences at Hong Kong Baptist University shares with us the culprit of FinTech talent shortage! He also highlights how financial institutions, governments, and academic institutions can address this problem.
Coinbase Supports Apple Pay to Purchase Cryptos and to Integrate with Google Pay
Coinbase now provides customers with more payment methods for transactions by allowing users to use Apple Pay to purchase cryptocurrency assets on its trading platform.
The Bank of Jamaica Suggests Court Order Approval Required for Tracking CBDC Transactions
The Bank of Jamaica (BOJ) believes it must obtain a court order approval for tracking CBDC transactions, apart from wallet holders and issuers.
VisionsDao Exits Stealth Mode and Presents a Modular Stack for GameFi That Enables Sustainable Economies
An up-and-coming GameFi infrastructure startup, VisionsDAO has been building for more than a year what could become a foundational primitive for game developers looking to implement sound crypto economic designs and plug-and-play modules that will power a new wave of sustainable on-chain Web3 games to come to market and thrive.
XRP Gains 36 Percent as Ripple Sees Rise in Active Addresses
Data analytics firm Santiment posted last week about the steady increase in wallet addresses for Ripple. The insight proves bullish for the firm’s native token, which has risen 36 percent since March 2020.
Turkey Witnesses Resurgence in Crypto Trades Above 1M per day
Turkey is witnessing a resurgence in cryptocurrency trades of above one million per day due to a continuous fall in the value of the country's currency, Reuters reported.
Deloitte: 80% of Bank Executives Sees Digital Assets as a Vital Part of their Businesses in 24 Months
Blockchain has played a major role in shifting the paradigm in the financial services industry
Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption
Circle Builds Layers of Simplicity over Complex Crypto Concepts for Business to Trigger Digital Adoption
PornVisory Plans Token Rewards for Porn Streaming
PornVisory is an Italian based adult content streaming site modeling the Brave Browser's system by rewarding users with its own token (PVY) to reward users who view content and ads on the site while also promoting anonymity.
GameStop Phases Out NFT Platform in Response to Regulatory Challenges
GameStop has announced the closure of its NFT marketplace, citing regulatory uncertainty. Effective from February 2, 2024, the platform will cease operations but assures that NFTs remain accessible on the blockchain.
Which Cryptocurrency Has the Highest ROI as of Q1 2020? Bitcoin Only Ranked 5th
Which cryptocurrency has the highest Return on Investment (ROI) as of Q1 2020? We have compared the ROI of the top 30 cryptocurrencies with the highest market capitalization on CoinMarketCap.
Zero-commission Trading Platform Robinhood is Valued at $32B amid IPO Prices at $38 per Share
The popular stock and cryptocurrency platform Robinhood's IPO is valued at $38 per share at the low end of the previously estimated price range of $38-$42. The company's market value is up to $32 billion.
Samsung to Unveil Galaxy AI
Samsung gears up for a revolutionary Galaxy AI debut with the S24 series.
StormGain Launches Free Bitcoin Cloud Mining Service!
StormGain launches a free crypto cloud mining service that allows you to become a cloud miner for free!
Uniswap’s UNI Price Drops by 30%, but DeFi Protocol Still Winning
Uniswap’s very own UNI dropped by more than 30% over the weekend, plummeting from its all-time high of $8.39, according to data from CoinMarketCap.
Knowledge of Design Week 2020 Connects 10,000 Innovative Minds to Co-create a Digital Future with Design
Knowledge of Design Week (KODW) 2020, organised by Hong Kong Design Centre (HKDC) with Create Hong Kong (CreateHK) of the Government of the Hong Kong Special Administrative Region (HKSAR Government) as the Lead Sponsor, officially concluded its successful debut as a virtual event. Livestreamed from Hong Kong over four days (26 to 29 August), KODW 2020 connected innovative leaders with the global community through over 15 thematic sessions, interactive remote workshops and an exclusive online community and networking platform.
Arbitrum Foundation Proposes Control of $1 Billion in ARB Tokens
The proposed "special grants" program on the Arbitrum blockchain, which would allocate 750 million ARB tokens worth nearly $1 billion to the centralized Arbitrum Foundation without input from token holders, has caused community concerns.
Visa's New Debit Card Rumored to Use XRP for Payments
In an announcement made yesterday, Moneygram has partnered with Visa to launch a peer-to-peer debit card service.
Largest DeFi Hack Recorded on Poly Network with $610M Stolen
A $610 million hack has been recorded by interoperability protocol Poly Network in what is tagged as the biggest heist in the DeFi world.
Spain's Largest Telecom Company Telefónica Now Accepts Crypto Payments
The Spain-based telecom company has now joined the list of firms accepting cryptocurrency as a payment method.
Quarterback Aaron Rodgers Teams up with Cash App to Take a Portion of Salary in Bitcoin
Aaron Rodgers, the American football quarterback of the Green Bay Packers of the National Football League (NFL), said on Twitter that he is firmly optimistic about the future of bitcoin and will accept bitcoin as part of his salary.
Intel launches Articul8 AI with DigitalBridge
Intel and DigitalBridge launch Articul8 AI, focusing on secure, enterprise-grade GenAI software, with diverse industry applications.
Paxos’ Blockchain Settlement Platform Goes Live with Settling Credit Suisse and Instinet Trades
New York-regulated stablecoin issuer, Paxos, launched its blockchain-based settlement platform, after announcing the service in late 2019. The new service enables settlement of US-listed equity trades between broker-dealers Swiss financial services firm Credit Suisse and Nomura Group-backed Instinet.
US SEC Commissioner Proposes 3 Year Securities Law Exemption for Crypto Projects
United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has doubled down on her recent suggestion to provide decentralized network developers a safe harbor and has now submitted a formal proposal.
What are NFTs?
A non-fungible token (NFT) is a special type of encrypted token that represents unique things such as encrypted art, digital collectibles, and online games.
Spanish Renewable Energy Firm Partners with Climate Blockchain Initiatives to Boost Carbon Offset Sales on Blockchain
Acciona, a leading Spanish renewable energy company, has joined hands with Climate Blockchain Initiatives (CBI), a Valencia-based startup, to boost the sale of its carbon offsets using the latter’s blockchain-powered trading platform.
Russian Auditor of Accounts Chamber Warns of the Risks in Crypto Investment
Alexei Savatyugin, the Auditor of the Accounts Chamber in the Russian Parliament has shared concerns about unregulated digital currencies, and the risks they pose to investors.
American Health Firm Enhances Medical Record Transparency with Blockchain
For the next 3 years, American Health Insurance Company Anthem is reported to be adding blockchain technology to store and share medical history for its 40 million-plus consumer base.
BCB Blockchain Collaborates with Philippine Government to Support Local Startups
BCB Blockchain, a Singapore-based technology firm agreed to join hands with the government of the Philippines to support the development of local startups through creating smart city projects and applications making use of their funds and blockchain protocol.
Ripple CEO Says Bitcoin PoW Energy Use Makes Square Target of Biden’s Climate Change Agenda
Ripple CEO thinks Bitcoin’s PoW energy consumption makes public companies who invested heavily in BTC, like Square, potential targets of Joe Biden’s climate change agenda.
The Russia-Ukraine War Might Accelerate CBDC Issuance, Former BOJ Official Says
The sanctions slapped on Russia based on its invasion of Ukraine might prompt more nations to adopt CBDCs as a shield against the U.S. dollar’s supremacy in the global financial system.
April 29: Don't Fight the Fed for Now
With today's spotlight on FOMC and a few large tech (FB, Microsoft) earnings, I suspect risk assets to trade well into, and may potentially sell after "the fact".
HBAR Foundation Launches $250m Metaverse Fund
The HBAR Foundation launched a $250 million Metaverse Fund, which aims to integrate Hedera Hashgraph's Web3 metaverse world for consumer brands.
Gitcoin Pivots to Ethereum Grants
Gitcoin, the open-source funding platform, announces a strategic shift from public goods funding to concentrate on grants infrastructure for the Ethereum ecosystem. This reorganization aims to enhance technological development within Ethereum, transitioning from a flat organizational structure to a more defined "Labs" model for improved efficiency and direction.
Binance Launches Crypto Prepaid Card in Argentina through Partnership with Mastercard
Binance has rolled out its first crypto card in Argentina. The exchange plans to expand the service to other Latin American nations, including Brazil, Peru, Colombia, and Brazil.
Chainflip Announces Community Sale on CoinList, Scheduled for August 31, 2023
Chainflip, a decentralized and trustless protocol that enables seamless value transfer between various blockchains, has announced its Community Sale on CoinList. The sale is set to begin on August 31, 2023, at 17:00 UTC.
21Shares Launches Bitcoin ETP on Aquis Exchange
21Shares, a well-known cryptocurrency ETP issuer, announced today that it has cooperated with GHCO, an issuer-centric liquidity provider committed to building transparent and accessible financial markets to list Its Bitcoin ETP (ABTC) on the Aquis exchange.
NFT Trading Platform Giant OpenSea Raises $100 M in Series B Funding, Becoming Next Crypto Unicorn
The well-known NFT trading platform giant OpenSea announced the completion of a US$100 million Series B financing, joining the track of crypto unicorn officially.
Julian Assange Supporters Raise over 12,500 ETH via DAO for his Freedom
Donors have formed AssangeDAO to free WikiLeaks founder Julian Assange from extradition to the United States and facilitate his freedom from prison.
Canadian Dollar Stablecoin QCAD Launched for Mass Market
Canada Stablecorp Inc. has launched a new regulated Canadian Dollar stablecoin called “QCAD”.
Theta Capital Management B.V. Announces $200M Theta Blockchain Ventures IV Fund
Theta Capital introduces a new $200M fund, Theta Blockchain Ventures IV, targeting early-stage blockchain infrastructure.
S. Korean Presidential Candidates to go Head to Head in Crypto Policies
As South Korea's presidential elections draw to a close, crypto is turning into a political battleground with both candidates set to showcase a number of crypto-related policies.
PayPal Will Give Jack Dorsey’s Square a Run for its Cryptocurrency
Payments giant PayPal looks set to roll out cryptocurrency sales services for its 305 million users.
Abu Dhabi Women Set to Receive Free Crypto Domains to Expand Their Web3 Knowledge
To give women residing in Abu Dhabi the opportunity to expand their knowledge base and ultimately explore the Web3 world, Abu Dhabi Investment Office (ADIO) and Access Abu Dhabi have teamed up with NFT domain name provider Unstoppable Domains
Portugal Plans to Levy Tax Up to 28% on Crypto Gain
According to the plan submitted to parliament on Monday, Portugal's proposed 2023 budget has made a provision to tax gains on crypto holdings held for less than one year at a rate of 28%.
Cathie Wood-led ARK Invest Purchases Another $54M Shares in Square
The Ark investment has placed a strong bet on the US version of the online payment provider Square, which bought another total of about 226,000 shares of the Square (SQ) at a cost of about $54 million.
Binance.US Digital Asset Trading Marketplace is Now Available in North Carolina
Binance.US has now expanded its digital asset trading services to include North Carolina investors.
More Than 700,000 ETH Staked for Ethereum 2.0 Launch
The amount of Ethereum (ETH) locked up in the smart contract needed to transition to a proof-of-stake protocol from the current proof-of-work has surpassed the 700,000 mark.
Chainalysis Exposes Southeast Asia's Human Trafficking and Scam Nexus
Chainalysis reveals the intertwining of human trafficking with crypto scams in Southeast Asia, highlighting the urgency to combat these digital age crimes.
Blockchain Adoption Wins Center Stage in Africa
Blockchain technology is continuously reigning supreme across the globe based on the distributed ledger network it avails, making transparency, immutability, and traceability inevitable.
Defi Tranche Protocol Receives $1.5M Seed Round of Financing led by Three Arrows Capital and Spartan Group
Defi chess-themed Tranchess protocols received a $1.5 million seed round of financing led by Three Arrows Capital and Spartan Group.
GameFi platform BinaryX launches strategy game CyberChess with $500,000 Prize Pool
BinaryX, a GameFi development platform, announced today the launch of CyberChess, one of the first free-to-play, play-and-earn auto chess strategy games in the P2E dominant GameFi space. CyberChess offers people on Web3.0 new entry points into the world of GameFi.
iSunOne-MPC Partnership to Develop First-Ever Islamic Financial Blockchain System in Malaysia
A collaboration between MPC and iSunOne is set to revolutionize the Islamic financial structure with blockchain technology.
Kraken Launches New Mobile App for Crypto Trading in the U.S.
Crypto exchange company Kraken announced Wednesday to launch a new mobile app for cryptocurrency trading.
Why Switzerland is Fast Becoming a Global Hub for Blockchain Industry
Switzerland is fast adopting innovation and blockchain and is positioned to create a huge impact on other economies.
Google Introduces Generative AI Features to Enhance Search Experience
Google's latest search updates harness advanced generative AI, enhancing coding overviews and web browsing. However, concerns arise over AI's influence on independent thought.
Five Myths People Have About Cryptocurrencies Debunked
Cryptocurrency has now been in the market for a decade, and its introduction enabled it to join the ranks of fiat currencies as a potential means of payment. However, the majority of consumers still hold wrong beliefs about cryptocurrencies. This explains the reason for the low adoption of cryptos.
Talk to Earn, TAGO to Introduce Blockchain Technology in Mental Health Sector
TAGO, a UK-registered tech startup, aims to connect people in need of support for mental health through blockchain technology.
ECB is Raising the Bar with its Crypto Surveillance
European Central Bank: Increase Crypto Monitoring Activities with On-Chain Data
Polygon Announces the Launch of a Direct Bridge by Ren Protocol
Polygon’s official Twitter announced to launch a direct bridge to Polygon by Ren open protocol.
How Apple Will Advance in Generative AI in 2024
Apple's 2024 agenda includes the launch of Vision Pro, advancements in generative AI with iOS 18, and integrating AI across its ecosystem. Emphasizing thoughtful AI integration, Apple navigates generative AI's potential while maintaining its privacy-focused approach.
NFL ALL DAY: Revolutionizing Sports Memorabilia Through NFTs
NFL ALL DAY merges NFL fandom with blockchain, offering a digital platform for collecting and trading NFL moment NFTs.
China Shuts Down Over 90% BTC Capacity, Sichuan BTC Sites Massively Offline
China intensified law enforcement against domestic Bitcoin mining activities. Bitcoin mining sites in Sichuan Province were reportedly massively disconnected by losing power supply and abilities for further BTC mining operations.
Bitcoin Miner Iris Energy Inks $100M Deal as it Contemplates M&A
Bitcoin mining company Iris Energy has agreed on a deal to sell up to $100 million in shares to investment bank B. Riley, as the company contemplates mergers and acquisitions following a recent capital increase
IOTA On How Distributed Ledger Technology Will Transform Supply Chain
Distributed ledger technology could potentially revolutionize the supply chain industry by providing several upgrades, according to industry experts.
IBM Launches "Granite": AI Foundation Models for Business
IBM has introduced "Granite" foundation models for its watsonx.ai platform, utilizing generative AI for linguistic and coding applications. These models, specifically Granite.13b.instruct and Granite.13b.chat, have 13 billion parameters and are trained on diverse datasets. IBM emphasizes trust, transparency, and customization, and plans to introduce more models in different languages.
Bringing Bitcoin to Ethereum: Wrapped Bitcoin Surpasses $1 Billion in Total Value Locked
Decentralized finance (DeFi) keeps booming as one of its Bitcoin tokenization protocols recently skyrocketed by 900% in a span of two months.
India’s Election Commission Proposed Using Blockchain for Remote E-Voting
India’s Election Commission proposed using blockchain technology as a solution for bringing transparency for remote voting in a discussion on addressing geographical voting issues.
Crypto.com Suspends all Deposits, Withdrawals due to Suspicious Transactions
Crypto wallet provider and trading platform Crypto.com said it would stop all deposits and withdrawals due to suspected unauthorized transactions on the platform.
52% of Game Developers Concern about Regulatory Uncertainty, Report says
A new report from the Blockchain Game Alliance (BGA) showcases the majority of active developers about 52% in the space are concerned about the impacts of regulations in the near future.
Top 5 Technology Trends that Might Shape in 2022 and Beyond
One word that has been on the tip of the tongue of almost every second person on this planet especially since the last decade, and that has completely revolutionized the world in which we are currently living, is none other than technology.
Jun 10: Who says only Irrational Investors trade Bitcoin?
FOMC tonight with consensus heading rather dovish. For example MS expects Fed to switch to a monthly program of Treasury QE at $80bn per month with a dovish bias in projections. Of course, Powell isn't going to offer much clarity in explicit forward guidance. With Nasdaq crossing 10k momentarily last night (just 2 minutes), the market is starting to get excited. Nikola, a electric truck company with 0 earnings, has more than doubled in share price from last week, is now actually worth close to $30 billion (more than Twitter?).
Payments giant PayPal and Galaxy raise $20 million
The investment round included 23 organizations and six angel investors.
Bitcoin Miner Rhodium Plans to List on Nasdaq through Reverse Merger
Bitcoin miner Rhodium Enterprises is planning to list on Nasdaq under the ticker “RHDM” through a reverse merger with business consulting firm SilverSun Technologies Inc., Bloomberg reported on Sept 30.
Protests Erupt as Alexander Lukashenko Wins Disputed Landslide Election in Crypto Forward Belarus
In Belarus, a highly contested election victory for longstanding President Alexander Lukashenko over Svetlana Tikhanovskaya has erupted in protests. Despite the dispute, the Soviet forged dictator’s stay of power may be good news for crypto.
Cardano and COTI Partnership Is Bearing Fruit
Top-five cryptocurrency Cardano (ADA) has experienced some freakish momentum of late, crossing the dollar threshold to approach an all-time high set three years ago. Amazingly, ADA gained 650% in less than two months prior to the latest correction, making it one of the best-performing altcoins in the market.
Blockchain 2020
We welcome researchers, experts and curious young scientists from all over the world to be a part of International Conference on Blockchain and Data Science is scheduled during March 18-19, 2020 in Las Vegas, USA.
Six Cryptocurrency Trends to Watch in 2020
A quick look at some of the main developments and events on the horizon that are set to shape the digital asset market throughout 2020.
Arbitrum's Governance Token Return Proposal Rejected
A proposal to return 700 million ARB governance tokens to Arbitrum's DAO Treasury was rejected by 84% of the total votes received. The proposal was introduced after the Arbitrum Foundation transferred funds without community approval in March.
Equilibrium and Chainlink to Power Synthetic Assets and Stablecoins on Polkadot
Equilibrium has chosen Chainlink, a tokenized oracle network, to power synthetic assets, lending, and stablecoins using its smart contracts.
Crypto Scam Revenue Has Dropped by 65% in 2022: Chainalysis
Illicit crypto volumes have been diminishing year-over-year, with scams taking the lion’s drop share, according to a report by blockchain analytic firm Chainalysis.
Fintech MoneyLion Adds Crypto Trading with $1M Prize Before IPO
Financial technology company MoneyLion introduced cryptocurrency services to its integrated financial service application before its public listing, allowing clients to buy and sell Bitcoin and Ethereum freely.
Litecoin Expected to Move Towards Its Resistance of $214 as PayPal to Enable Crypto Payments
PayPal allowing Litecoin payments will undoubtedly stimulate the further surge of Litecoin. LTC is expected to move towards its resistance of $214.
King’s College Report: Blockchain Could be Pivotal in Nuclear Disarmament
Through its new policy report, King’s College London discloses that blockchain technology could be pivotal in dismantling nuclear warheads reliably, securely, and safely.
FATF Assessment Finds Majority of US Exchanges are Compliant with Virtual Asset Guidance
The Financial Action Task Force (FATF) has published an assessment of the US’s compliance with its revised criteria for anti-money laundering (AML) and terrorist financing (CTF) through virtual assets and found that most virtual asset providers are compliant.
Chinese Internet Giant Tencent on the Lookout for New Head of Digital Currency Group
Chinese internet giant Tencent, also the operator of messaging app WeChat has been reported that the company is looking to create a digital currency research group. Tencent released a statement to its employees, stating that the company is currently hiring a new head of the research group.
US House Committee to Probe Crypto Crimes in November Hearing
The US House Financial Services Committee will hold a hearing today, November 15, 2023, to examine illicit cryptocurrency activities, including money laundering and terrorist financing, and discuss the Department of Justice's focus on these crimes.
YouTube Sees NFTs as Catalysts, Tieing Deeper Relationships with Users
YouTube sees NFTs as stepping stones towards a stronger connection between creators and viewers, according to Chief Product Officer Neal Mohan.
Solana Network Experiences Slowdown in Block Production Following Upgrade
After validator software update, Solana network block generation slowed on Feb. 25.
Interoperability Protocol LayerZero Labs Secures $135m Investment
Decentralized full-chain interoperability protocol LayerZero Labs has secured a $135 million investment co-led by Sequoia Capital, FTX Ventures and Andreessen Horowitz.
Curve Finance Submits Application for 1 Million OP Token Grant
Curve Finance has submitted a governance proposal on Optimism for a 1 million OP token grant, according to a post on the Optimism forum submitted on July 24.
CITD to Issue HK$100 Million Bonds Utilizing Blockchain
China Information Technology Development Limited (CITD) (HKEX: 8178), a leading technology company specializing in AI and cloud technologies, has announced its plan to issue HK$100 million worth of Bonds using distributed ledger technology (DLT). The proposed issuance aims to revolutionize the bond market by leveraging blockchain and smart contract technologies.
Polygon Labs Proposes Celo's Transition to Ethereum L2 Using Their Chain Development Kit
Polygon Labs has proposed a technical upgrade for Celo, transitioning from an independent EVM-compatible L1 to an Ethereum L2. The proposal uses the Polygon Chain Development Kit (CDK), an open-source toolset that allows developers to create a ZK-powered L2 for Ethereum. Key benefits include enhanced collaboration, an EVM-equivalent environment, security, low fees, a unified L2 ecosystem, customization, fast transactions, and high standards of support. The proposal aims to achieve optimal technical upgrades for the blockchain community.
XRP Treated Differently Than Bitcoin and Ethereum in the US and Why It Matters, According to Ripple CEO
Ripple CEO Brad Garlinghouse discussed why Ripple has been actively considering other hubs outside of the US for cryptocurrency and blockchain innovation.
Fifth Belt and Road Summit opens today
The fifth Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), opened today. The two-day event (30 November and 1 December) is being held online this year with a new virtual platform that includes plenary sessions, one-to-one business matching meetings, project pitching sessions and a virtual exhibition, bringing together some 80 ministerial officials and business leaders from countries and regions along and beyond the Belt and Road. The event attracted an audience of more than 6,000 from some 80 countries and regions.
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.
Online Travel Agencies Booking.com and Travala.com Enters Into Strategic Partnership for Mass Adoption of Crypto
Travala.com, a crypto-friendly travel platform founded in 2017 and Booking.com, an online travel agency established in 1996 have signed a strategic partnership deal that is aimed at encouraging the mass adoption of cryptocurrency.
Crypto Market Cap Clashes over 50% to around $1.4T
The market cap of cryptocurrencies has fallen more than 50% to around $1.4 trillion as the Federal Reserve (Fed) raised interest rates by 50 basis points sparking a sell-off panic among investors.
NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing
Focusing on using NFT as loan collateral, Arcade raised US$15 million in Series A financing which was led by Pantera Capital, Castle Island Ventures, and Franklin Templeton Blockchain Fund.
GameStop's Blockchain Chief Matt Finestone Departs from Company
Matt Finestone, head of the blockchain team of GameStop Corp, announced his departure after working 1.5 years at the company.
Wells Fargo Injects $5M into Blockchain Startup Bridging Crypto Exchanges and Banks to Expand in Asia
US Banking Giant, Wells Fargo is investing in blockchain startup focusing on forensics, Elliptic. Wells Fargo Strategic Capital (WFSC), the venture capital arm of the bank, has decided to inject $5 million into Elliptic’s Series B funding round.
Coinbase and Venmo Users Angered by Privacy Issues—Fintech Firm Faces Second Class Action Lawsuit
A second lawsuit has been filed against the fintech company Plaid, for violating user data privacy agreements they hold with major financial accounts that use Coinbase and Venmo.
Metaverse, Web 3.0 Disruption and Blockchain Advancement to be Discussed at MetaWeek in Dubai
The MetaWeek conference will take place on September 11-14, 2022. Thousands of web 3.0 enthusiasts and thought leaders from all over the world will convene in Dubai to set the future trends of metaverse applications.
Golden Gate University Establishes Blockchain Law for Social Good Center to Aid Regulation
The Golden Gate University School of Law has teamed up with Algorand Foundation to set up Blockchain Law for Social Good Center to eliminate regulatory scepticism.
MicroStrategy CEO Michael Saylor Says Apple Could Gain $100 Billion More with Bitcoin Investment
Bitcoin bulls make the case for why Apple will benefit from a Bitcoin investment and an integration of the digital asset on its platforms.
Ripple (XRP) Charges Past $1.00 and Becomes the Fourth-Largest Cryptocurrency
Ripple has soared for two consecutive days and surpassed the psychological threshold of $1.00, a level it has not managed to reach since the peak of altcoins in early March 2018.
Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill
Crypto businesses may be offered a regulated path to legalization in the state of Louisiana. The proposed bill has been backed by Louisiana state representative Mark Weight. Should the bill be passed, the state would have a regulated crypto framework to operate within and would provide an official definition of traditionally ambiguous cryptocurrency-related terms.
Chinese President Xi Jinping Highlights the Transformative Impact of Blockchain and AI on Global Industries
Chinese President Xi Jinping praised emerging technologies like AI and blockchain at the 2023 China International Intelligent Industry Expo, highlighting their potential global implications.
Metadee Launches 5 Volumes of the World's Oldest Quran Manuscript NFT
UK-based NFT marketplace Metadee has announced plans to sell all five volumes of the oldest currently handwritten Quran manuscript in NFT.
North Korea Targets Crypto Exchanges to Fund Missile Programs: UN Report Reveals
North Korea has stolen more than $50 million in cryptocurrency between 2020 and mid-2021 to fund the country's missile programmes, an excerpt from a United Nations report stated.
Blockchain in Manufacturing Market Speculated to Generate $766.2m in Revenue by 2030
The blockchain in the manufacturing market is expected to render revenue worth $766.2 million in 2030, according to Verified Market Research.
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.
Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE
Dubai International Financial Centre (DIFC) and Mashreq Bank announced the launch of the region’s first blockchain data-sharing platform which went live on March 1.
OpenAI Introduces GPTBot: A New Web Crawler for Data Access with Opt-Out Options
OpenAI's GPTBot, a new web crawler, gathers data from websites to enhance AI models. Publishers can contribute data or opt out via a simple code line.
Could Bitcoin and Blockchain Be Affected by the Coronavirus?
Blockchain, Bitcoin and Viruses. What can we expect?
US Blockchain Firm Ripple Considers Relocation to UK and Singapore for Better Crypto Regulatory Clarity
Ripple CEO explains why he is considering UK and Singapore as potential countries to move blockchain firm Ripple's operations to.
Mangofarm Scandal: Solana's Blockchain Ensnared in Alleged Ponzi Scheme Ties
Mangofarm, Solana blockchain, cryptocurrency scam, Banana Miner Ponzi scheme, digital currency security, blockchain fraud, crypto investment caution, Richard Matthew John O’Neill, decentralized finance, investor vigilance
Browser Extensions Used by Scammers to Steal Bitcoin
The CEO of Casa takes his time to demonstrate how browser extensions can be used to launch a cyberattack to steal Bitcoin. He emphasized on cyber consciousness and cybersecurity.
Solar-powered Crypto Mining Becomes Legal in Uzbekistan
Companies in Uzbekistan can start mining cryptocurrencies using solar energy, a presidential decree released this week stated.
Bitcoin Addresses Sending to Exchanges Hit a Monthly Low as BTC Sits on Strong On-Chain Support
The number of BTC addresses sending to exchanges reached a monthly low of 4,831.226, as acknowledged by crypto analytic firm Glassnode.
H&R Block Sues Block for Trademark Infringement
Block Inc, previously called Square Inc, was sued by tax preparation company H&R Block Inc for trademark infringement.
Unstable Diffusion: What Does It Truly Mean?
Unstable Diffusion, the NSFW counterpart to Stable Diffusion, offers unrestricted image generation from text. Similar to ChatGPT NSFW and DAN GPT, it bypasses service provider constraints, potentially leading to biases and explicit content.
Blockchain and the Wheel of Fate: The Role of Blockchain Technology in Disease Surveillance and Pandemic Prevention
Pandemics are an inescapable fact of life on Earth. They have happened before, and we are on the verge of experiencing the latest such event through the relentless spread of the coronavirus. How can blockchain technology help to contain pandemics?
Here is Why Tether Blacklisted Five TRON Addresses
Tether has blacklisted five new addresses on the TRON blockchain, highlighting its efforts to maintain network integrity and security. The largest address lost over $1.2 million USDT, aiding law enforcement and users in recovering stolen funds.
AngelBlock, DeFi protocol for crypto-native fundraising, announces it’s Startup Grant Program and platform launch
AngelBlock is a platform dedicated to bringing together vetted, noteworthy crypto and FinTech startups with knowledgeable investors. The aim is to allow frictionless providing of financing and support by investors to new ventures in the crypto, blockchain, and FinTech space focusing on early-stage investments, in a manner that's fully on-chain and decentralized. The team prepares to launch the fundraising platform in Q4 later this year, and they want to support three promising startups with a 90,000 USDT grant program. Winners of the grant will not only get 30,000 USDT each but will also be listed on the platform for fundraising and have access to the core AngelBlock team for mentoring.
Block on Hiring Spree for Bitcoin Mining, Wallet Hardware Businesses
According to Block's job postings on LinkedIn, the available job openings are heads of Bitcoin mining policy, communications, and partnerships among many.
ETH 2.0 Gold-Backed Stablecoin
Ethereum Gold backed tokens. Will this be the return of the gold standard? In crypto form.
Digital Asset Protection Firm Coincover Secures $30 Million in Funding Round
Foundation Capital and CMT Digital invest $30 million in Coincover to safeguard digital assets.
Over 12,000 Brazilan Firms Hold Crypto, Says Local Tax Authority
According to a recent report from the Brazilian Tax Authority (RFB), Brazil registered a hike in records of companies and institutions claiming to hold some cryptocurrencies.
North Korean macOS Malware Detected on Crypto Platform
North Korean hackers known as the Lazarus group are believed to be behind the malicious piece of macOS malware that is capable of removing payloads from crypto-sites and running them as memory. The malware was barely detected by security researchers who claim this is the second attack in as many months by Lazarus.
Legal Battle Intensifies as Bankman-Fried's Parents Counter FTX's Allegations
Stanford Law professors Bankman and Fried are attempting to dismiss a lawsuit filed by FTX, alleging misappropriation of funds and knowledge of FTX's collapse.
The Global Blockchain Congress 2019: Blockchain and its impact in sustainability, stable coins, privacy and other disruptive technologies
The Bank of Japan, the World Trade Organization, the Inter-American Development Bank and the World Economic Forum will participate in a global congress where a direct dialogue will be established to outline the future of the industry.
Indian State to Generate 20,000 Blockchain Professionals by 2021
Kerala, a southwestern Indian state, seeks to churn out 20,000 blockchain experts in the next two years. This development is expected to revolutionize the blockchain space in India.
Gate.io Offers Zero-Fee Trading on Spot and Contract Markets
What's better than low fees? No fees. Gate.io is excited to announce ZERO trading fees on most spot and contract market trading pairs. The no-fee structure was launched in two phases, first on September 16 (UTC) and then on September 20 (UTC), for spot and other markets, respectively. After a breakthrough year for the exchange, this radical change in fees is an ambitious move to give back to the crypto community. The removal of fees on this scale is unmatched by any other mainstream exchange, making Gate.io the industry's most affordable platform for crypto trading.
Mercado Libre to Continue Crypto Trading Expansion in Brazil
Argentine-listed retail giant Mercado Libre has announced that it will continue to expand its cryptocurrency trading operations to Brazil through a digital wallet called Mercado Pago.
Thailand Exempts Crypto Transfers from VAT Payments until 2024
The Thai government has decided to exempt crypto transfers from value-added tax (VAT) payments until December 31, 2023, following a royal decree, the Bangkok Post reported.
Hacking Ransomware Group REvil Threatens to Strike Again
Previously known to be the company that has hacked big-name Grubman Shire Meiselas & Sacks, REvil threatens to keep up with their devious activities. This time, the new scheme that they plan to carry out entails big-name celebrities, such as rap star Nicki Minaj, and NBA superstar Lebron James. They also extended their cyber-attacks to include Mariah Carey.
U.S. House of Representatives to Create Crypto Task Force Joining SEC and CFTC Members
The US House of Representatives passed a bill dubbed “Eliminate Barrier to Innovation Act of 2021” (H.R. 1602).
Crypto Candidate Andrew Yang Calls for Clarity on Hodgepodge Regulations
Presidential candidate Andrew Yang has been owning his moniker as the ‘Crypto-Candidate’, as he once again highlighted the “high potential” of cryptocurrencies in an interview with Bloomberg on January 29. During the interview, he discussed his thoughts and strategy for regulating digital assets and cryptocurrencies.
Ethereum is Settling Three Times More Value On-Chain Than Bitcoin Daily
Ethereum (ETH) continues to surpass Bitcoin in terms of the value settled on-chain daily.
Nobel Laureate to speak at Asian Financial Forum Global business leaders view post-COVID Economy in January
17 December 2020 – In light of the ongoing COVID-19 pandemic, the 14th Asian Financial Forum (AFF) will be held virtually on 18 and 19 January 2021. Under the theme “Reshaping the World Economic Landscape”, the forum will examine the challenges at hand and strategize the road to recovery and beyond with more than 150 influential global financial experts, policymakers, business leaders, economists, investors, and entrepreneurs.
Binance.US Preps Ripple XRP Holders for Spark Token Airdrop, Over 81,500 XRP Accounts Ready for Tomorrow’s Snapshot
Binance.US, the US-based cryptocurrency arm of Binance, has been all over the Spark token airdrop despite announcing support at the very last minute.
U.S. Payment Network Affirm Promotes Crypto Trading Services via Debit Card
American payment company Affirm announced that it plans to launch a debit card that will add cryptocurrency buying and selling functions, allowing users with affirm's savings accounts to buy and sell cryptocurrencies freely.
Changpeng Zhao, CEO of Binance Opens Up About Bitcoin & Current Crypto Market Situation
In one of his blog posts posted on March 20, 2020, Changpeng Zhao, CEO of Binance shared his thoughts on the current situation in the crypto market. He isn't worried about the cryptocurrency at all. According to him, the fundamentals haven't changed and Bitcoin is still limited in supply whose demand is increasing, especially at this very moment.
Exclusive: Why are Independent Third Party Crypto Custodians so Important?
Alexandre Kech, CEO of Onchain Custodian shares with us the importance of independent third party custodian solutions. He identified three grey areas for assets under custody by the exchange and how Onchain Custodian identifies the custodial needs for crypto players and traditional financial giants!
Blockstream Partners with Sevenlabs and Poseidon Group to Launch Decentralized Bitcoin Exchange
Cryptocurrency infrastructure service providers Blockstream, Sevenlabs, and Poseidon Group have partnered to launch XDEX, a decentralized exchange for bitcoin and securities assets, in Switzerland, according to Nasdaq.
Binance Restricts 281 Nigerian Users in Relation to Money Laundering Laws
Binance restricted 281 Nigerian users in relation to safeguarding international money laundering, CEO Changpeng Zhao said.
UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility
London-based Argo Blockchain has joined an increasing number of firms seeking to construct crypto mining facilities in Texas, US.
Banxa's Partners with AAX to Allow Purchase of Crypto with Fiat and Vice Versa
On-and-off ramp Web3 solution Banxa's new partnership with cryptocurrency exchange AAX now allows customers to purchase crypto with fiat and vice versa.
Scorpion Casino Ignites the Crypto and iGaming World with Impressive Pre-Sale and Upcoming Listings
Scorpion Casino, a blockchain pioneer, raised over $10 million from 21,000 backers and is set to list on major exchanges like Bitmart, Lbank, and XT. The casino offers daily USDT staking rewards and partnerships with major iGaming developers for enhanced security and transaction speed.
IOSCO Proposes Measures To Probe Digital Marketing Risks
Concerning the rapid increase of risks in digital marketing, The International Organization of Securities Commissions, or IOSCO, has proposed some measures for its member countries to consider when deciding their policy and imposition approaches to retail online offerings and marketing.
Ankr to Introduce Sei Blockchain RPC Connection
Ankr plans to integrate its RPC service with the Sei blockchain to facilitate developers in creating swift and scalable decentralized applications. The integration will allow users to access both Sei Public and Premium RPCs, enabling them to make request calls and receive responses similar to those from a Sei full node. This will simplify node operations, provide access to advanced tools, and strengthen the Sei network.
Zcash Co-founder "John Dobbertin" is Actually Edward Snowden
Edward Snowden has been revealed as one of the co-founders of Zcash, after he gave his fellow co-founder Zooko Wilcox permission to disclose his involvement.
Biden-Harris Administration Secures AI Commitments from Major Tech Companies
The Biden-Harris Administration has secured voluntary commitments from eight more artificial intelligence (AI) companies to manage AI risks. The commitments emphasize safety, security, and trust, requiring AI products to undergo security testing, share information on risk management, prioritize cybersecurity, and develop mechanisms to inform users. The administration is developing an Executive Order on AI and pursuing bipartisan legislation to position America as a responsible AI developer.
Emirates Airline to Roll Out Bitcoin Payment and Enter the Metaverse
To optimize customer satisfaction rates, Emirates Airline has revealed plans to adopt advanced digital solutions, such as cryptocurrency, metaverse, and blockchain.
Switzerland’s Sygnum Crypto Bank Launches Swiss Franc-Backed Stablecoin to Facilitate Trading of Financial Assets
Sygnum, a Swiss-based crypto bank, has launched a fiat-based stable coin, DCHF token, tied to the Swiss Franc, in an effort to increase transaction efficiency by enabling faster payment when trading financial assets.
BlockFi Faces SEC Probe Over High-Yield Crypto Accounts Offerings
The SEC is the latest US regulator scrutinizing BlockFi’s high-yield crypto interest products. Earlier this year, a series of state-level agencies had launched investigations into BlockFi.
Q9 Capital Releases 1st Integrated Crypto Portfolio Performance Analytics
Crypto investment platform Q9 Capital has launched the industry's first integrated portfolio performance analytics solution.
Swiss's Luxury Hotel Chedi Andermatt Accepts Cryptocurrency Payments
After four years of negotiations, Chedi Andermatt, a luxury hotel located in the Swiss Alps, finally passed a cryptocurrency payment plan.
Bitcoin Miner CleanSparks Buys 10,000 Miners at Discounted Price
American Nasdaq-listed cryptocurrency mining company CleanSpark has announced the purchase of new 10,000 Antminer S19j Pro units for $28 million.
TRON Academy Sponsors Princeton Blockchain Club and Partners with TRON Climate Initiative
TRON Academy has become the official sponsor of the Princeton Blockchain Club, the premier blockchain-focused student organization at Princeton University, whose goal is to build a vibrant and diverse network for Web3 natives on campus. TRON DAO is thrilled to be engaged with such a prestigious institution and such an innovative club with a kindred focus on educating the next generation of blockchain developers.
Zonda Slashes Maker/Taker Fees by 50% Across All Markets From November 22-29
Zonda, the leading cryptocurrency in Eastern Europe, will slash maker and taker fees by 50% for one week.
Brock Pierce's Presidential Campaign Enlists Akon as Chief Strategist
Crypto entrepreneur Akon has announced that he will be endorsing Brock Pierce’s presidential campaign and joining the crypto venture capitalist’s campaign team.
Blockchain.com Has Processed Over $1 Trillion in Transaction
Over the past 10 years, the Blockchain.com exchange has now processed $1 trillion in transactions, the company's CFO Macrina Kgil said.
Why Hong Kong Will Be a Leading Digital Asset Trading Centre in Asia
Reasons why Hong Kong will a leading digital asset trading centre in Asia.
Singaporean DBS Bank to Expand Bitcoin Offerings to Retail Traders
Singapore-based bank and financial operator DBS is on track to expand its Bitcoin trading services to its retail customers.
Singapore's Amber Group Gets Valuation of $3B, Facilitating Potential IPO
Singaporean state investment firm Temasek Holdings Pte and other investors value cryptocurrency-trading platform Amber Group at $3 billion in a funding round.
Google Web Searches for Bitcoin Hit a Historic Low with Nigeria Still Leading
The Global web search data from Google Trends indicate that there has been a decline in recent times as it has recorded an all-time low since October 2018. Even in the midst of the activities going on in the global scene we see that some African countries have been leading with Nigeria recorded as the country with the highest level of Bitcoin searches, followed by South Africa and Ghana respectively.
Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action
Telegram, in an October 16th filing, has asked the Southern District Court of New York to deny the request by the United States Securities and Exchange Commission for a preliminary injunction on Gram, Telegram’s native cryptocurrency.
Covalent Rolls Out Educational Program to Bridge Skills Gap in Web3
Covalent, a Web3 data provider that is backed by Binance Labs and Coinbase Ventures, launched an educational program aimed at bridging the data analytics skills gap for workers in Web3.
Crypto-Related Firms Should Treat Crypto Custody Arrangements as Liability: US SEC
The U.S. Securities and Exchange Commission（SEC） said cryptocurrency-related U.S.-listed companies should link those assets to arsenic liabilities and disclose the associated risks to investors, Reuters reported.
Drone Racing League Partners with Hivemind's Playground Labs, Launch First P2E Game on Algorand Blockchain
Professional drone racing League joins the Metaverse world by launching its first game on the Algorand blockchain in partnership with Playground Labs.
Understanding Cross-Chain Infrastructure And Its Importance In Fostering ‘Internet 3.0’
Cross-chain assets and transactions sound complex, but are actually an easy way to better understand how blockchain networks communicate with each other.
Cardano’s Charles Hoskinson: Accountability of Funding from Voltaire Does Not Need to be Centralized
Cardano founder Charles Hoskinson recently explained in a video update regarding the accountability of the funding from Voltaire, its governance era.
Thai Firms Pour Money into Bitcoin as Crypto Ownership Expands
Major Thai companies are heavily investing money into Bitcoin as the number of people estimated to own cryptocurrency in the Southeast Asian nation surged over 400% in 2021 from the year before to 3.6 million, Nikkei Asia reported.
Demand for Zilliqa Blockchain in Play-to-Earn Games Gains Steam
Zilliqa, a public blockchain that offers solutions to decentralized applications (dapps) and enterprises, is emerging as one of the sought-after networks in the esports industry based on notable partnerships.
Ohio Democrat Lawmakers Propose Blockchain Voting in Bill For Election Overhaul
In the Ohio House of Representatives, Democrats have included a new voting system pilot based on blockchain as part of their elections law overhaul bill. The system will be used to count and track the votes of military personnel stationed outside the US and registered to vote in Ohio.
Coinbase Confirms No Risk Exposure to Bankrupt Crypto Firms
Nasdaq-listed cryptocurrency exchange Coinbase said in an announcement Wednesday that it had no risk-free exposure to bankrupt crypto firms including Celsius, Three Arrows Capital, and Voyager Digital.
Changelly Launches New App for Cryptocurrency Swapping
Changelly, a leading in cryptocurrency swaps has released a new app for both Android and iOS users.
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.”
Blockchain in Manufacturing Market Expected to Hit $17 Billion by 2027
The urge to streamline operations and track assets with unprecedented precision are some of the factors expected to make the blockchain in the global manufacturing market hit $17.047 billion by 2027, according to a report by Research and Markets.
Decentralized Finance (DeFi)
DeFi stands for decentralized finance, which owns the blockchain advantages, thus removes trusted third parties and more. DeFi will have profound impact to traditional financial industries.
Bank of Korea Seeks a Consulting Partner to Accelerate CBDC Launch
The Bank of Korea (BoK) is in search of a consulting partner to help develop the architecture for its Central Bank Digital Currency (CBDC).
United States Department of Defense Tests Out Blockchain Technology to Enhance Cybersecurity
The United States Department of Defense (DoD) is considering implementing blockchain technology to enhance its cybersecurity.
Crypto Markets Waver with $30 Billion in a Bitcoin Sell-Off
This bearish triangle pattern exhibited by Bitcoin for the past months reached its lowest- $8000
OpenAI Suspends ChatGPT Plus Sign-ups Due to Overwhelming Demand
OpenAI has suspended new ChatGPT Plus premium sign-ups due to high demand, following a DDoS attack at its first development conference. The platform has reached 100 million monthly users in two months.
The Rise of the Anon: Protecting Innovation
Anonymity is increasingly offering protection to innovators as well as their ideas.
DeFiChain Community Brings Attractive Rewards For DFI ERC-20 Pairs on Uniswap
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is thrilled to announce that its community has voted to offer lucrative liquidity mining rewards for the ERC-20 format of its native DFI token pairs on Uniswap. The proposal put forth by DeFiChain’s Lead Researcher received more than 96% votes in favor.
One of the Richest Men in Mexico Invests in Bitcoin, saying “Paper Money is Worth Nothing”
One of the wealthiest men in Mexico, Ricardo Salinas Pliego has just revealed that he had invested 10% of his liquid portfolio in Bitcoin (BTC).
Russia Restricts Anonymous Cash Deposits to Online Wallets
The Russian Government has put strict limits on anonymous deposits made to online wallets. While it is not a complete ban, the initiative by lawmakers is promoted as a step to deter illegal activity such as money laundering and illicit drug transactions and could affect up to 10 million users.
Over 48 Terra Projects Merged to Polygon Ecosystem
Over 48 projects that used to run on Terra blockchain have been jointly migrated to the Polygon ecosystem, including the well-known Lunaverse (LUV) Metaverse platform, OnePlanet NFT marketplace, and Derby Stars play-to-earn (P2E) games.
South Korea Is Looking to Put Trade Finance on the Blockchain
The South Korean government wants all trade to be on the blockchain, Coindesk reports.
Dubai Lays Out Metaverse Strategy Plan for 2027
The Emirati City of Dubai has launched its Metaverse Strategy plan for the next five years. It hopes to increase the contributions from the digital currency ecosystem to $4 billion from its current $500 million.
Digital Transformation in Finance and Accounting Accelerated by Pandemic, ISG Reports
The 2023 ISG Provider Lens™ report highlights the global transformation of finance and accounting departments due to COVID-19 lockdowns and remote work, relying on external providers for digital strategies and outcome-based contracts.
Morgan Creek Digital to Raise $250m, Balancing BlockFi's Bailout from FTX
Bailing out the crypto lending platform BlockFi has come off as one of the most significant endeavours for early investors in the company such as Morgan Creek Digital.
Simplify Asset Management Unveiled Bitcoin Strategy-related ETFs
On September 30, Simplify Asset Management, a registered investment advisor, announced the official launch of the Bitcoin Strategy ETF “Simplify Bitcoin Strategy PLUS Income ETF” with the code “MAXI”.
Minima Blockchain Network Reaches 120,000 Complete Nodes, Surpasses Bitcoin Node Count
The history of blockchain has witnessed another level higher with the number of Minima complete nodes surpassing the number of Bitcoin full nodes.
Voyager Digital Files Chapter 11 Bankruptcy in New York
Cryptocurrency broker Voyager Digital Ltd. said that it has filed for Chapter 11 bankruptcy in New York.
Rogue Validator Outsmarts MEV Bots, Resulting in a $25 Million Loss
MEV bots attempting sandwich trades lost $25 million worth of digital assets to a rogue validator. The loss included Wrapped Bitcoin, USD Coin, Tether, Dai, and Wrapped Ether. Blockchain security firm CertiK explained that the attack was due to the centralization of power with validators, making them vulnerable to such attacks.
Coinbase Blocked 25,000 Wallet Addresses of Russian Individuals or Entities Linked to Illegal Activities
Cryptocurrency exchange Coinbase Global Inc. said it has blocked 25,000 wallet addresses of Russian individuals or entities linked to illegal activities.
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.
China Announces 15 Pilot Zones for Testing Blockchain Tech
China announced 15 pilot zones for testing the application of blockchain technology for several service sectors.
Ukraine Launches ‘NFT Museum’ to Remember the War and Raise Funds
Ukraine is leveraging blockchain technology to keep the memory of war and celebrate Ukrainian freedom and identity.
Libra Appoints New Chief Compliance Officer, Third C-Suite Executive Appointed with a Strong Compliance Track Record
The Libra Association appointed Sterling Daines as its new Chief Compliance Officer, who is currently the Managing Director and Global Head of Financial Crime Compliance at Credit Suisse. He is expected to leave his position at Credit Suisse and join the Libra Association later this year. Prior to Credit Suisse, he was the Managing Director and Deputy Head of Financial Crime Compliance at Goldman Sachs and has worked as a consultant to the US Department of Justice and the Financial Crimes Enforcement Network (FinCEN).
Space and Time Secures $20 Million Strategic Funding Led by Microsoft’s M12 to Automate the World’s Business Logic
Space and Time, a Web3-native data platform that empowers the trustless automation of business logic through patent-pending Proof of SQL cryptography, has secured $20 million in strategic funding from marquee investors led by Microsoft’s M12 fund.
Crypto Investors’ Realized Gains Increased by 400% to Hit $162.7m in 2021, Study Shows
With 2021 emerging as a strong year for cryptocurrencies, global investors made $162.7 million in realized gains, according to blockchain analytic firm Chainalysis.
FTX Crypto Exchange Suspends Claims Portal Access After Kroll Data Breach
FTX temporarily suspends user access to its claims portal following a cybersecurity breach at Kroll, overseeing FTX's bankruptcy proceedings. The breach exposed non-sensitive data of claimants. FTX remains confident in infrastructure security and advises affected individuals on precautionary measures.
Swiss Digital Asset Bank Sygnum Partnered with Artemundi to Issue Picasso NFT Painting for $6K per Share
The Swiss bank of digital asset management, Sygnum, announced that it has partnered with industry-leading art investment company Artemundi to sell the ownership stake in Pablo Picasso’s NFT painting at a price of $6,000 per share.
GSBN Adopts Blockchain to Share Shipping Data with Financial Insitutiotns
Global Shipping Business Network (GSBN) has adopted blockchain technology to speed up pilot transactions by unifying the consent collection and sharing of shipping data with financial institutions.
Bitcoin Miner Argo Updates Computing Power to 3.2 EH/s at the end of 2022
U.K.-based publicly traded cryptocurrency miner Argo Blockchain said on Wednesday it plans to update its year-end computing power from 5.5 EH/s to 3.2 EH/s by the end of 2022, a drop of 41.8%.
Be the First to Mox
Asia’s first all-in-one numberless bank card in black stainless steel, exclusively reserved for our Founding Members!
World's 1st Fine-Dining NFT Concept Auction to Conduct in May
Gourmeta, the world’s first fine-dining non-fungible token (NFT) concept, announced its NFT dining auction schedules.
SeaCoast Will Host $COAST Token Sale on October 25th
SeaCoast, the maritime startup using web3 technology to pioneer new ways of exploring the world’s waterways, has announced its public token sale. The event will commence on October 25, giving members of the public their first opportunity to purchase $COAST tokens.
Yotta Data Services Boosts Indian AI Capabilities with Nvidia Chip Acquisition
Yotta Data Services in Mumbai has empowered India's tech landscape by acquiring Nvidia AI chips, a move set to democratize AI solutions for local businesses and startups.
PayPal Exposed of Overcharging Clients: Can Bitcoin be the Remedy?
The news has been making the rounds again as grievances have been seen expressed about the exploitative conversion fees being charged by PayPal.
Blockchain Payment Company Facepay Launches Facepay Crypto Service
Blockchain payments company Facepay Inc. announced the release of Facepay Crypto, bringing cryptocurrency payments to auto stores.
Celsius Spent Over $40m on Crypto Mining in First Two Weeks after Bankruptcy
Celsius Network LLC used more than $40 million in cash on its startup mining operation in the first two weeks after filing for bankruptcy, according to a report from the Wall Street Journal.
Nigeria's E-Naira Gains Momentum, Tackles Influence of Volatile Cryptos
Nigeria's further efforts to curb the influence of cryptocurrencies have begun to bear fruits as its introduction of a centralised digital currency eNaira has lured about half a million users within three weeks.
RSS3 Raises Funding Round to Expand Decentralized Protocol for Web Feed, Content Distribution
CoinShares, Coinbase Ventures, Dragonfly Capital, and Balaji Srinivasan back Web3 infrastructure project focused on enabling platformless media.
Matthew Whitcomb Joins Spirit Blockchain Capita as Head of Corporate Development
Canada-based blockchain and digital assets company, Spirit Blockchain Capital Inc. (Spirit), has hired Matthew Whitcomb as head of corporate development.
Argo Blockchain Seeks $57.5M Debt Funding to Build Texas Mining facility
Argo Blockchain has filed an application with the United States Securities and Exchange Commission to offer $57.5 million worth of 8.75% senior unsecured notes to interested investors.
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.
Solana sees Network Instability Amid Crypto Volatility
Solana was hit by instability due to excessive duplicate transactions, according to the notice on the blockchain network's website.
China's Shenzhen Special Economic Zone Now Supports Digital Currency Research
The Central Committee of the Communist Party of China recently announced that the Shenzhen special economic zone would be supporting research and the promotion of digital currencies.
Ethereum Transaction Fees Record Lowest Price Since Beginning of DeFi Boom
Ethereum transaction fees recorded its lowest price since July, when the decentralized finance (DeFi) boom began. What does this mean?
DappRadar—Redefining Accuracy and Transparency in the State of Dapps
Skirmantas Januskas is the CEO and founder of DappRadar a website that lists the best Ethereum Dapps and ranks them by DAU (Daily Active Users) showing the authentic acceptance and usability of Dapps. DappRadar recently added full token tracking for EOS Dapps which has reportedly uncovered that the EOS Dapp ecosystem may be undervalued by 1 billion dollars.
Web3 Security 2023 State Revealed, Nearly $2 Billion Lost
CertiK's "Hack3d: The Web3 Security Report 2023" provides a thorough analysis of Web3 security incidents in 2023, highlighting key vulnerabilities and trends in the blockchain and smart contract security landscape.
Dynasty Farms to Use Blockchain for Fresh Produce Traceability Project
Dynasty Farms/ Pacific International Marketing is set to use iTrade Blockchain to propel transparency and traceability of fresh produce. iTrade Network is a noteworthy worldwide provider of supply chain management solutions in the food and beverage sector.
Crypto-related Investment Slowdown May Continue in H2, KPMG Predicts
Attributed to the so-called crypto winter during H1, the amount of investment in the crypto market has been dragged, attracting over $14 billion in H1, according to global audit and consultancy firm KPMG.
In Talks with "Interested Parties" for Bailout, Says Zipmex
Zipmex cryptocurrency trading platform is looking ahead as it has confirmed that it is in talks with interested parties who would like to bail out the platform from its recently identified woes.
Mogo Launches Mogo Ventures, Manages C$124M Portfolio
Canada-based fintech company Mogo Inc has created new venture capital Mogo Ventures to manage its C$124 million ($99 million) portfolio.
Ethereum Transactions Hit A Record-High of 1.4 Million
The Ethereum network has reached a notable milestone in its daily transactions after hitting an all-time high of 1,406,016 as availed by Etherscan data on September 17. It broke the previous record of 1.35 million attained on January 4, 2018.
Fintech Startup Stripe Reaches $35 Billion Valuation
According to CNBC, San Francisco-based payments startup Stripe has just raised another $250 million in funding, bringing its valuation from $22.5 billion to $35 billion
MoonXBT Eliminates Fees on Multiple Spot Trading Pairs
MoonXBT is no longer charging fees for multiple spot trading pairs to ease the burden on users during the ongoing economic crisis.
Canadian Blockchain Project to Assist Mongolian Nomadic Farmers Fight Income Instability
Convergence.tech, a Toronto-based digital transformation company, has finished a blockchain-powered project aimed at assisting Mongolian nomadic farmers maximize returns on their cashmere product.
Australian and Los Angeles Residents Charged in $25 Million AI Crypto-Trading Ponzi Scheme
The DOJ indicts David Gilbert Saffron and Vincent Anthony Mazzotta Jr. for running a $25M AI crypto Ponzi scheme, involving fictitious entities, false promises, and misuse of investor funds.
China Leads Pan-Asian Digital Currency Project to Compete with Facebook's Libra
Led by China, four Asian countries are in the early stages of developing a joint digital currency. The currency will help keep the Dollar and Libra in check
Fox Corp Puts $100M Creative Fund for NFT Project
U.S. media giant Fox Corp announced the company is raising a total of $100M creative fund for its NFT company Blockchain Creative Labs, aimed at inspiring content creators.
Ethereum’s Highly Awaited “London Hard Fork” Is Now Alive
The London Hard Fork – the major updated to Ethereum – is currently underway. Here are the key details of the upgrade.
Changpeng Zhao Launches Giggle Academy: A Gamified, Adaptive Learning Platform
Binance's Changpeng Zhao announces Giggle Academy, a free educational platform for basic education, focusing on gamification and adaptability.
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests
Binance has introduced Binance Megadrop, a token launch platform that combines airdrops and Web3 quests. Users can subscribe to BNB Locked Products and complete tasks in their Web3 Wallet to gain early rewards from selected Web3 projects, including BounceBit (BB), a BTC restaking chain.
Republicans Cry Foul Play, USPS Postal Employee Retracts Claims of Ballot Tampering
The US elections have finally come to an end, amid a flurry of anticipation and misinformation that have left the Republican party incredibly infuriated.
Base Unveils Its Decentralized Superchain Vision Powered by OP Stack
Base, an Ethereum Layer 2 solution, aims to decentralize and align with the Superchain vision by transitioning from Stage 0 to Stage 2 L2, bolstering OP Stack's scalability, reliability, and decentralization. It plans to allocate sequencing revenue to the Optimism Collective.
Will Blockchain Make Shipping more Efficient in the Future?
Shipping in some cases is not restricted to the transportation of cargo by ships, but it refers to the transportation of items by mail of any means, the form of transportation could be air, road or train, but the most used form is transportation by sea.
The Issuance of a $1.5B Junk Bond by Coinbase Indicates Investors are Eager to Join Crypto
Coinbase's sale of a junk bond with a total value of $1.5 billion shows that cryptocurrencies have gradually become mainstream.
Gluwa Blockchain Partners With Lagos State Government to Digitize Agricultural Assets
Blockchain infrastructure platform Gluwa is partnering with the Lagos State government to transform the agricultural sector. The move will enable the digitization of agricultural assets, making it easier for farmers in the region to obtain finance.
Hong Kong is a Step Closer to Legalizing Retail Crypto Trading - Report
New reports show the speculations that Hong Kong might permit retail crypto trading may be true
Crypto Twitter Explodes as Elon Musk Announces Tesla Will Stop Accepting Bitcoin Payments
Tesla CEO Elon Musk's latest tweet on Bitcoin has generated a lot of backlash on Twitter.
Jury Trial will Decide if Ethereum Dev Nigel Griffith Helped North Korea Evade Sanctions
Ethereum developer Virgil Griffith has been accused by the US Department of Justice of aiding North Korea (DPRK) in evading sanctions and will now face trial by jury.
New Crypto Fund Could Promote Release of Physically Backed US BTC ETF: Bloomberg
The launch of a new futures-backed product could potentially back the release of handouts for a physically-backed US Bitcoin exchange-traded fund.
DBS Bank Gets Approval from the Monetary Authority of Singapore to Provide Crypto Payment Services
Singapore-based DBS Bank has officially received approval from the Monetary Authority of Singapore (MAS) to provide cryptocurrency payment services, starting from next Monday.
SkyLaunch Plans to Collaborate with Polygon to Boost Crypto Projects
To tackle issues and support the aim of a decentralized finance ecosystem, SkyLaunch birthed the vision to become a multi-chain initial Decentralized offering platform that will bring changes to the ecosystem.
Dutch Government Invests Heavily in AI to Compete Globally
The Dutch government has allocated €204.5 million ($222.07 million) for AI development, signaling a robust commitment to advancing the Netherlands' position in the global AI landscape and adhering to the EU's AI Act.
Crypto Sector M&A Saw Almost 5000% Jump in 2021: PwC
The cryptocurrency industry saw a 4,864% jump in the value of mergers and acquisitions in 2021, Bloomberg reported citing a report by PricewaterhouseCoopers (PwC).
South Korea Tightens Regulations on Crypto Mixers Amid Money Laundering Concerns
South Korea's Financial Intelligence Unit (FIU) is set to introduce new regulations targeting digital asset mixers, mirroring similar moves by the US. These measures aim to curb the use of crypto mixers for illegal money laundering.
PwC: Blockchain Technology Has the Potential to Boost Global GDP Up $1.76 Trillion By 2030
Findings from PwC indicate that by 2030, blockchain technology has the potential to boost global gross domestic product (GDP) by $1.76 trillion.
Why are Millennials Favouring Bitcoin?
Based on technological innovations revamping the world like cryptocurrencies, millennials have been at the forefront to embrace them. Therefore, explaining the reasons why millennials are heeding to the call of bitcoin being an exceptional technological advancement and investment tool.
Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns
The Australian Securities Exchange has further postponed the replacement of its current CHESS system with a new blockchain-based settlement system due to coronavirus concerns.
Opera Browser Launches AI Prompt Feature
Opera One, the latest version of the Opera browser, now includes an AI integration known as AI Prompt, providing contextual prompts for web pages and highlighted text. The new version also includes access to other AI tools like ChatGPT and ChatSonic. The generative AI feature will enable shortened texts for accessible reads, explanations of complex ideas, and content creation. The updated browser is a Web3, "future proof" platform.
Alibaba Sees Blockchain as the Icing on the Cake in the Film Industry
During the ongoing 28th Golden Rooster and Hundred Flowers Film Festival happening in Xiamen, China, Li Jie, senior vice president of Alibaba Pictures, noted that blockchain was crucial in propelling the growth of the Chinese film industry.
US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth
The US Treasury Department officially designated China as a “currency manipulator” on Monday following the largest stock market losses the U.S has seen in 2019.
Ethereum is Expected to Undergo a 90% Daily Emission Reduction Following ETH 2.0 Upgrade
Market analyst Lark Davis believes that Ethereum 2.0 upgrade will prompt a 90% daily emission reduction from 12,800 to 1,280.
Bitcoin Begins to Attain Better Mass Adoption Status as Watford Accepts It in Sales of Merchandise
Bitcoin can be seen to continually reach the state of mass adoption as its recognition begins to enter the world football.
Google Assistant to Integrate Bard AI for Enhanced Capabilities
Google Assistant is set to integrate with Google's Bard AI to offer enhanced functionalities. The integration will allow Google Assistant to perform complex tasks like planning vacations and sorting emails. Although the feature is still under testing, it marks Google's aggressive efforts to compete in the AI space.
World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge
The World Economic Forum (WEF) suggested that leaders around the world need to do more to ensure a quicker and more sustainable recovery for the global economy caused by the COVID-19 pandemic. Amongst the 350 top risk professionals in the world surveyed, these risk managers expect a prolonged global recession, as a number of areas of concern were identified in the report compiled by the Forum’s Global Risks Advisory Board, Marsh & McLennan Companies Inc, and Zurich Insurance Group.
GitHub Copilot X: The Future of AI-Powered Software Development
GitHub Copilot X is an AI pair programmer integrating into developers' workflow. It offers context-aware conversations, personalized documentation, pull request support, and CLI assistance, aiming to enhance productivity and code quality.
J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments
JPMorgan Chase has set the ball rolling by deploying its digital currency, the JPM Coin, for commercial purposes creating a new blockchain business unit dubbed Onyx.
PayPal Finally Enables Cryptocurrency Payments and Shopping
PayPal's customers will finally be able to make payments and shop using digital currencies such as BTC, ETH through PayPal’s online wallets.
Venezuela to Launch its Central Bank Digital Currency in October
The Central Bank of Venezuela officially announced to launch central bank digital currency (CBDC) in October this year.
Five Market Makers Nearing Worldcoin (WLD) Loan Settlement Date
The five market makers involved with Worldcoin's liquidity provision are approaching the loan settlement date of October 22. The recent on-chain activities reflect different strategies among these entities, possibly in anticipation of the settlement. The actions of these market makers could influence Worldcoin's market dynamics as the date nears.
WeChat Offers Digital Yuan Payments Ahead of Beijing Winter Games
WeChat has become compatible with payments using the digital yuan ahead of the Beijing Winter Olympics, owner Tencent Holdings said.
Tencent Uses Blockchain in Annual "99 Giving Day" Charity Campaign
Chinese internet giant Tencent will use of blockchain technology in its annual internet charity campaign dubbed “99 Giving Day.”
THETA Sets New All-Time High as Theta Mainnet 3.0 Launch Anticipated for April
The price of THETA has increased ten-fold in the past three months and has risen by over 200% since March. The strong driving force behind this comes from the anticipation of Theta Mainnet 3.0's launch in April.
SBI Holdings Supports Ripple, says that XRP is not a Security in Japan
While many in the crypto industry have moved away from XRP, SBI Holdings has made it clear that it is still a firm supporter of Ripple.
California Signs Executive Order to Formulate Crypto Regulations
The US state of California announced that state agencies will work with the federal government to formulate digital currency regulations to officially accept and supervise cryptocurrencies.
PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse
PCCW and HKT have become the first Hong Kong-based communications, media and technology (CMT) organisations to join the metaverse following a partnership with The Sandbox.
Decentralized Exchange SushiSwap Nominates Jonathan Howard as 'Head Chef'
Decentralized exchange SushiSwap has nominated Jonathan Howard as Head Chef - an official title given to the project's chief executive officer.
Chainlink Price Gains Bullish Momentum as LINK Whales Accumulate
LINK is currently trading at $11.20, following the price action of Bitcoin and other large-cap cryptocurrencies in the market.
Soundraw: An AI-Powered Music Creator
Soundraw is an AI music generator that simplifies creating custom music for projects. It offers a range of genres, moods, and themes. It's used by content creators, game developers, and Artists.
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.
SEC Adopts Expedited Public Listing Review Process—Blockchain ETFs Could Qualify
The United States Securities and Exchange Commission has voted to adopt rule amendments to expedite the review procedure for companies applying for public listing, which could potentially create an expedited and cheaper application process for crypto and blockchain ETFs.
Denmark Backs Blockchain Technology As Instrument to Fighting Runaway Political Corruption
The Danish government has thrown its support behind blockchain in the fight against political corruption.
Bitrue Will Support Symbol (XYM) Airdrop for NEM Holders and Launch Pre-Trading
Bitrue, the cryptocurrency exchange that regularly clears over $1 billion in daily volume, has announced that it will be supporting the upcoming Symbol (XYM) token airdrop. To create a market for the new token at the earliest opportunity, Bitrue will be offering trading through an IOU system.
Binance Introduces XAI Token Launchpool, Unrelated to Elon Musk
Binance has launched its 43rd Launchpool project, Xai (XAI), a gaming platform for users to stake BNB, FDUSD, and TUSD assets for rewards, with 277 million tokens released, 80% for BNB stakers. But is the Xai is not related to Elon Musk and the domain X.AI he owns.
DOJ's Crypto Regulation Report Overview: Bitcoin, Tether, Ether, Litecoin, and Ripple
US authorities are tightening regulations on cryptocurrencies. Here is an overview of what their recently released report suggests.
Canada's Federal Government Begins Consultations on Digital Currency
The federal government of Canada announced in a budget address that it has started discussions on cryptocurrencies, stablecoins and central bank digital currencies.
Bitcoin Venture Capital Firm Ribbit Capital Files $350 Million Blank Check IPO with SEC
Ribbit Capital, an early Bitcoin VC firm, has filed for a $350 million initial public offering with the SEC leveraging its “blank check” structure.
Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why
According to Bloomberg's report on Thursday, billionaire hedge fund manager Paul Tudor Jones is buying Bitcoin to hedge against inflation as central banks across the world print money to relieve economies affected by coronavirus pandemic. Tudor is one of Wall Street’s most seasoned and successful hedge fund managers. He is the CEO and founder of Tudor Investment Corp, which is a hedge fund company that managed $8.4 billion as of March 30, based on data from the SEC (Securities and Exchange Commission).
Crypto Weekly Outflows Touches $17m, Ending Six Consecutive Weeks Inflow: CoinShares
Outflows from crypto investment products reached $17 million in the week as of Aug. 12, according to digital asset management firm Coinshares, ending a six-week run of inflows for the cryptocurrency industry.
IBM, KPMG, Walmart, Merck Reveal Results of FDA Blockchain Drug Tracing Pilot
IBM, KPMG, Walmart, and Merck’s blockchain pilot in drug-tracing has successfully exceeded the US Food and Drug Administration’s (FDA) benchmarks. The pilot program aimed to encourage new technologies to be used in the pharmaceutical supply chain. Blockchain was used as a shared record movement of pharmaceutical drugs through the supply chain, which resulted in improved efficiency. Recalls were proven to be done in just seconds, rather than in days, as blockchain offers traceability.
UAE's Ras Al Khaimah to Launch Free Zone for Virtual Asset Companies
Ras Al Khaimah in the UAE is launching RAK Digital Assets Oasis, a free zone for digital and virtual asset companies. The purpose-built zone will support emerging technologies in the virtual assets sector, including blockchain, NFTs, and DApps. The free zone is set to open for applications in Q2 2023.
United Africa Blockchain Association Cries Foul of FNB’s Crypto Termination
The United Africa Blockchain Association (UABA) has lamented the decision by First National Bank (FNB) to terminate its banking services to crypto exchanges, as well as intermediaries trading in cryptocurrencies.
Canada’s Central Bank Considers Launching a Digital Currency to Combat the “Direct Threat” of Cryptos
Canada’s Central Bank, the Bank of Canada, is considering launching a digital currency that would enable the collection of how Canadians spend their money.
First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance
The blockchain national currency platform issued by blockchain company Apollo Fintech was finalized and completed on August 12.
Bitstamp to Charge Inactive Fee to Make Up for Costs
Inactive users of the cryptocurrency exchange Bitstamp platform will have to pay a fee to make up for costs, according to a report from The Block.
Bitcoin's Market Confidence Slips as Retail Sentiment Breaks 30-Day Low
Bitcoin’s retail sentiment breaking a 30-Day low indicates a drop in market confidence.
Moody’s: Blockchain Technology to be Standardized in 2021
A research report published on September 5th by financial services company Moody’s stated that blockchain technology would most likely be standardized in 2021.
Coinbase CEO Defends Decision to License Analytics Platform to US Secret Service
CEO of Coinbase Brian Armstrong sold his blockchain analytics software to US Secret Service, and addressed any worries investors might have concerning privacy issues.
Will Distributed Ledger Technology Revolutionize Education?
Since the establishment of blockchain and its deliverance of many opportunities for with disruptive potentials, the question at the back of many minds have been numerous, this article is focused on answering some of those pressing questions.
President Biden’s Tax Plans Spark Fear, Triggering a Bitcoin and Ethereum Price Drop
The speculation that U.S. President Joe Biden’s administration will increase capital gains taxes sent shock waves in the crypto space as Bitcoin (BTC) and Ethereum (ETH) dropped amid fears that this initiative could limit investment in digital assets.
India's Largest Shipping Port Operator Adopts Maersk-IBM Blockchain Platform
In the latest development, India’s largest port operator announced on May 27 it is adopting blockchain technology through its shipping and invoicing business.
Instagram to Welcome NFTs Feature, Meta CEO Mark Zuckerberg Confirms
Meta CEO Mark Zuckerberg said Meta will add NFTs to its video and photo social app Instagram in the coming months.
Canada's Emergencies Act to Target Crypto Transactions, amid Anti-Vaccination Protest
The Emergencies Act gives local authorities more tools to control protestors by freezing bank accounts and keeping an eye on “large and suspicious transactions,” including crypto.
AGI Development: The Heart of Future AI, Zhu Songchun's Vision
Zhu Songchun, a key figure in AGI research, stresses the importance of human-like 'hearts' in AI and the pivotal role of talent in global tech competition.
Altcoins React Negatively to XRP News While BTC Holds Still—Are We Close to an Altseason Yet?
Some analysts believe that while Bitcoin was not moved by the XRP news, most of the major altcoins may have been affected.
AT ART BASEL, MARINA ABRAMOVIC ANNOUNCES FIRST-EVER NFTS THE HERO 25FPS ON TEZOS
At Art Basel, world renowned performance artist Marina Abramović announced in a panel discussion that she will launch her first ever NFTs titled The Hero 25FPS on the energy-efficient Tezos blockchain July 25th, 2022. This one-of-a-kind performance on the blockchain, presented in collaboration with the Cultural Institute of Radical Contemporary Art (CIRCA), depicts the figure of a steadfast woman astride a white horse holding a white flag that is waving gracefully in the wind, over the expansive landscape of trees and sky in Spain. The Hero 25FPS (frames per second) offers an opportunity to collect time and holds a symbolic charge as it is set against today's backdrop of global instability, escalating conflict and climate breakdown.
SK Chairman Chey Tae-won Champions AI Transformation in Business
SK Group Chairman Chey Tae-won urges businesses to adapt to the AI era by reshaping their models, focusing on flexibility, strategic partnerships, and offering comprehensive AI solutions.
Ernst and Young Unveil Blockchain Solution for Public Funds Management
This move by Ernest and Young is an accurate depiction of the boundless opportunities and possibilities inherent in Blockchain technology.
Waste2Wear to Use Blockchain in Tracing the Conversion of Ocean Plastics into Eco-Fabrics
Waste2 Wear is to trace the conversion of ocean plastic waste into eco-fabrics using blockchain technology as this will propel traceability.
Canaan Deploys 10,300 Mining Machines in Kazakhstan, Expanding its Mining Operations
Canaan announced that it has signed strategic cooperation agreements with a number of crypto mining companies and plans to launch joint mining operations in Kazakhstan.
Chance Encounters in New Mediums: The Generative Art Renaissance at Art Basel in Basel 2022, Presented by Tezos
“Chance Encounters in New Mediums: Generative Art, Presented by Tezos,” will be on view from June 16-19, 2022 at Art Basel in Basel and will explore a living artistic process, where the element of chance is celebrated and etched onto the blockchain. The exhibition will be headlined by visionary early generative art pioneer and sci-fi writer Herbert W. Franke. The interactive experience lets visitors co-create a new generative artwork that is automatically minted as an NFT and gifted to attendees in real-time. The installation will feature generative algorithms from Aleksandra Jovanić, Eko33, Ryan Bell, and Sam Tsao. The Tezos NFT Speaker Series will be held in the Art Basel Auditorium in Hall 1 with the aim of raising awareness of the powerful role of NFTs in the art world, and beyond. Tezos, an energy-efficient blockchain, has gained global acclaim as a platform of choice for artists looking to mint NFTs sustainably and responsibly.
Crypto Analyst Suggests Bitcoin Price Has “Bottomed,” Bullish in the Next Few Weeks
Despite a massive technology stock sell-off recently, the US stock futures market was trading in positive territory on Sept 9, adding pressure to financial markets.
The Sandbox Co-Organizing Metaverse Summit 2022 Showcasing Ecosystem Impact
The metaverse has gained momentum recently, and it is predicted to continue to expand in the years to come. Metaverse Summit, with its co-organizer The Sandbox, supports the development of various industry stakeholders and assists brands, start-ups, and corporations in determining their position and metaverse strategy.
How Blockchain Technology is Improving the Agricultural Sector
This implementation of the blockchain technology has led to the adoption of tactics like smart farming, which connotes the use of modern technology like Blockchain in farming practices.
British Lawmakers Sense Risks Over Use of Digital Pound
As talks about the release of a digital pound by 2025 are yet to happen, British lawmakers are already doubtful that their use could harm financial stability, raise the cost of credit and erode privacy.
Melanion Capital to Launch First EU-regulated Bitcoin-tracking ETF
The Paris-based fund manager Melanion Capital got the approval from the French regulators to lunch an exchange-traded fund (ETF) for tracking up to 90% correlation with Bitcoin’s price and its performance.
Head of Chinese Investment Firm Believes Blockchain will "Lead" China's Economy, Here's Why
China’s blockchain push seems never-ending, various governmental and financial officials of the country have, in recent times, spoken on the merits of blockchain technology and how a distributed ecosystem may help bolster the ongoing “fourth industrial revolution.”
HSBC and Wells Fargo Utilize Blockchain Technology, Enhancing Foreign Exchange Transactions
HSBC and Wells Fargo have formed a strategic agreement to use a settlement ledger powered by blockchain technology when undertaking foreign exchange (FX) transactions meant to minimize settlement risk.
AI's False Promises: CFTC Warns of Soaring Crypto Scams
The U.S. Commodity Futures Trading Commission (CFTC) alerts the public about the surge in AI-driven crypto scams, emphasizing the technology's inability to predict market trends and the dangers of misleading claims about high returns.
Polygon Surges by 2600% on a Year-to-Date Basis as Adoption of Layer 2 Accelerates
Polygon's rate of return is very impressive, rising by more than 2600%, from $0.0178 to $0.468 since the beginning of 2021.
Currency.com Joins UK's Crypto Trade Association CryptoUK as an Executive Member
Currency.com has officially announced that it will join CryptoUK, the trade association of the UK's encrypted digital industry, as an executive member. It commits to share best practices and recommend how the sector responds to industry developments.
Asian Investors Have a Better Disposition to Crypto than Europeans and Americans, Fidelity Survey finds
A Fidelity backed survey has revealed a growing interest in crypto amongst Asian investors over Europeans and Americans respectively.
Coca-Cola Leverages Enterprise Ethereum Blockchain to Optimize Supply Chain
Coke One North America (CONA), partner of Coca Cola’s largest US-based bottling company has announced it will use the enterprise Ethereum blockchain platform the Baseline Protocol—to enhance transparency and minimize friction in its supply chain transactions.
Exploring AGI Hallucination: A Comprehensive Survey of Challenges and Mitigation Strategies
A new survey delves into the phenomenon of AGI hallucination, categorizing its types, causes, and current mitigation approaches while discussing future research directions.
MetaMask Denies Involvement in Massive Wallet-Draining Exploit
MetaMask has denied claims that its wallet was exploited in a recent massive wallet-draining operation that resulted in the loss of over 5,000 ETH. The company has confirmed that the funds were stolen from various addresses across 11 blockchains, and that the exploit was not specific to MetaMask.
Sharding, pBFT and Linear Scalability - An Interview with Saiba Kataruka at Zilliqa
Saiba Kataruka is the Developer Market Lead at Zilliqa. He began his career as a consultant with IBM in the payment technology field for Asia and Europe. He joined Zilliqa based on his belief that blockchain and decentralization can improve the current social and financial structure.
Is Blockchain-Based Virtual Reality the Future?
For years, advocates of virtual reality have struggled to overcome several major barriers to mass adoption — centralised corporations controlled user accounts, hackers eliminated digital assets, and developers lacked incentives to create quality VR content. Now, blockchain is changing the game.
Crypto Snack enables RCD Espanyol to become the first football club to integrate crypto payments
Crypto Snack, a global pioneer in cryptocurrency payment solutions, today announced the start of its first phase to enable La Liga’s RCD Espanyol to become the world’s first football club to fully integrate crypto payments.
FTX Debtors' Filing Sets Controversial Valuations for Cryptocurrency Claims Post-Collapse
TX debtors propose a valuation for user claims based on digital asset prices at the time of the exchange's collapse, sparking objections from users due to the significant rise in cryptocurrency prices since then.
Singapore Payment Services Act Now in Effect For Crypto Firms
The Monetary Authority of Singapore now requires cryptocurrency providers and exchanges to be licensed under some of the same regulatory elements as traditional financial service providers.
The Fate of Cryptocurrencies in a Fast-Changing Financial Ecosystem
Cryptocurrency being a digital currency, created and managed through the use of advanced encryption techniques known as cryptography has been gradually modifying the world of finance as well as other sectors such as e-commerce and since its creation in 2009.
Early Investor Turns $3,000 into $32.8M with $PEPE Token
A cryptocurrency enthusiast achieves a staggering 11,077x gain, turning a $3,000 investment into approximately $32.8 million with the $PEPE token.
$6.2 Million Worth of Digital Yuan is Officially Piloted in Beijing
The Chinese digital renminbi is officially piloted in the capital of China-Beijing. The authority plans to issue a total of $6.2 million worth of digital currency to Beijing residents through a lottery, totaling 40 million RMB.
Ankr Becomes One of the First RPC Providers to the Aptos Blockchain
Ankr, one of the world’s leading Web3 infrastructure providers, today announces that it has become one of the first RPC (Remote Procedure Call) providers to Aptos, a safe and scalable Layer-1 blockchain. Developers can now access Aptos Testnet Community and Premium RPCs, make request calls, and receive information returns that mirror the results they would get by running an Aptos full node by themselves.
Riot Blockchain Sees Growth in Q1 2020 Despite COVID-19 Disruption
Riot Blockchain Inc., one of the few listed public cryptocurrency mining companies in the United States on Nasdaq, reported financial results for Q1 of 2020, which ended on March 31. The company has seen a small growth in its earnings per share during this quarter. Riot Blockchain previously changed its name from Bioptix in 2017 after shifting its focus from biotechnology to Bitcoin mining. The company’s share price skyrocketed to a $38 high in late 2017, which then fell to $110 after Riot was accused of misleading investors by capitalizing on public interest in blockchain to drive up its share price. These claims have been dismissed on the basis that it was not proven that the company’s name was changed to drive up the share price.
FCA Warns Companies on Crypto Mergers
The crypto market in the UK received a warning from the financial watchdog following an acquisition announcement by Bitpanda.
Ant Group Launches Blockchain-Powered System to Help SMEs in Cross-Border Trade
China's Ant Group established a blockchain-enabled smart contract platform Trusple to assist small and medium enterprises (SMEs) for cross-border trades.
NIST's Call for Public Input on AI Safety in Response to Biden's Executive Order
NIST is seeking public input to create AI safety guidelines following President Biden's Executive Order, aiming to ensure a secure AI environment, mitigate risks, and foster innovation.
BNB hacker liquidates from market meltdown, loses $53M
A sharp market dip caused many traders to sell and BNB Smart Chain exploiters to steal approximately $600 million in BNB tokens. The assault halted BNB Smart Chain's cross-chain bridge, liquidating Venus Protocol collateral valued over $53 million. The crypto market fell 6%, wiping roughly $1 billion in holdings in 24 hours. BNB's price went below $220, liquidating three wallet holdings immediately.
Bybit Launches $BIT Token Listing
Singapore-based cryptocurrency exchange Bybit announced its first token- “$BIT”on its Bybit Launchpad platform.
Ether’s Net Issuance Dropped from Over 4% to 0.21% Last Week
Ethereum's supply continues to diminish based on the London Hardfork or EIP-1559 upgrade.
Portal, Backed by Coinbase and Other Prominent Investors, Announces Republic Equity Offering
Portal, a cross-chain Layer-2 DEX network being built on Bitcoin, is delighted to announce its Reg D equity offering through Republic, a multi-asset investment platform that allows anyone to invest in vetted, private startups. The public sale began on Monday, July 18th.
Reuters: U.S. Aims to Thwart Chinese Access to AI Chips via Overseas Outlets
The U.S. is contemplating tightening restrictions to prevent Chinese firms from accessing American AI chips via overseas outlets, reinforcing its stance on curbing China's AI military advancements. The move comes amid existing challenges in enforcing export controls, with the new rules expected to broaden the scope of restrictions on the AI chip market.
Esports, Web3 Firm Ampverse Expands into the Philippines
With the expansion, Ampverse plans to invest more than 100 million pesos in the Philippines' local gaming and esports ecosystem.
MENA Region Emerges as The Fastest Growing Crypto Market: Chainalysis Report
Much of the crypto growth in the Middle East & North Africa (MENA) region is driven by savings preservation, remittance payments, and friendly crypto regulations.
Dealing with Upcoming EU Regulations: a Glimpse Into the Future
How to save your business and grow despite the legal challenges
Web3.0 Game Developer Xterio Secures $40M Fund from FunPlus
Xterio, a Web3.0 game developer has pulled the sum of $40 million in a new funding round that has earned the Swiss-based startup a valuation of $300 million
Binance Launches Oracle Services on BNB Chain
Crypto exchange Binance has launched an oracle service called Binance Oracle to power the BNB chain ecosystem, making it the first-ever blockchain to use Binance Oracle.
US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC
The US Federal Reserve has continued to research the benefits and impact of implementing a central bank digital currency (CBDC).
WEMIX and Mirana Ventures Fuel Chinese Blockchain Gaming with $30M Fund
WEMIX PTE. LTD. has invested in five Chinese game developers through a $30 million blockchain game-specialized fund, created with Mirana Ventures. This move aims to nurture blockchain gaming enterprises and expand the WEMIX3.0 ecosystem. The fund, part of a joint initiative with Mirana Ventures, an investment division of Bybit, has already utilized $6.4 million. The investees, working on diverse game genres, will feature their games on WEMIX PLAY, a blockchain game platform under WEMIX3.0.
Ruble-Crypto Trading Soars amid Western Sanctions on Russia
Trading volumes between the Russian Ruble and the Tether cryptocurrency surged on Monday as Western powers slapped sanctions on Russia over the Ukraine-Russia war.
PancakeSwap Rebounds Higher as KeyFi DeFi Token Launches on its Platform
KeyFi DeFi Platform is launching its KeyFi token on PancakeSwap. CAKE has had an amazing performance in the past week, rising by 55.60%.
Nairobi-based FinTech Mara Launches African Crypto Wallet Service
A new crypto project called Mara has now been introduced to the African crypto ecosystem. This project is backed by Coinbase Ventures, FTX-affiliated Alameda Research, Huobi Ventures, and other prominent venture capital firms and angel investors in the industry.
Uniswap Foundation Announces Grant Recipients for V4 RFPs
The Uniswap Foundation announced the winners of its first round of RFPs for Uniswap V4 on November 1, 2023. The projects include developing a Deposit Liquidity Widget, creating an open-source design package, compiling POC hook developer documentation, and researching malicious hook design space.
Thai Energy Billionaire Sarath Ratanavadi Boosts Investment in Crypto
Thailand’s second-richest billionaire, Sarath Ratanavadi, has said he’s increasing investments in the blockchain ecosystem, despite the crypto industry’s bitter winter.
Argentinian Private Bank Banco Galicia Opens Cryptos Trading Service
Banco Galicia (NASDAQ: GGAL), Argentina's largest private bank by market share, has announced that it will allow its users to buy cryptocurrencies such as bitcoin on its mobile app.
Decentralized NFT Marketplace Sudoswap To Launch Ethereum Token Airdrop
The launch of the Ethereum airdrop token will enable Sudoswap to reward its active users and raise awareness of its native tokens.
Federal Reserve “Flexible” Inflation Monetary Policy Could Boost Bitcoin Price as Investors Stock Up on BTC Safe Haven
Federal Reserve Chair Jerome Powell has announced new measures to control inflation, in a speech that could have long-term implications for the Bitcoin price and cryptocurrency.
Lido DAO Faces Class-Action Lawsuit Over LDO Token Alleged to be Unregistered Security
A class-action lawsuit against Lido DAO alleges its LDO token is an unregistered security, claiming responsibility for investor losses following the token's price decline.
BTC Mining Report Draws Criticism
The New York Times’ recent report on Bitcoin mining has been criticized by some BTC proponents for cherry-picking data and overstating the fossil fuel use of BTC miners. They also point out the increasing use of sustainable energy in the sector. Despite the debate on energy consumption, Bitcoin mining remains significant for blockchain security and decentralization.
Decline in Crypto Crime: Insights into 2024 Trends and Challenges
2024 sees a notable decline in crypto crimes, with hacking and scamming activities reduced. However, ransomware and darknet markets show resurgence, emphasizing the need for enhanced security and regulatory measures in the crypto industry.
Nigeria’s Unity Bank Collaborates with Binkabi for Blockchain-Based Agricultural Solutions
Nigeria's Unity Bank has partnered with Binkabi so that blockchain-based agricultural solutions can be availed in this nation.
Solana and ROK Capital launched a $20 Million Fund to Promote the Ecosystem Expansion in South Korea
The Solana Foundation has cooperated with ROK Capital to jointly launch a $20 million fund, aiming to further expand Solana's blockchain ecosystem in South Korea.
'B is for Bitcoin' Children's Book by Graeme Moore
There has been a recent release of a new book which targets teaching kids about Bitcoin, in this book titled "B is for Bitcoin" the basics of the alphabets as well cryptocurrency which would have most likely gained sufficient relevance by the time they become grown-ups are shown.
OpenAI Expands Board with Tech and Legal Luminaries
OpenAI announces the addition of Dr. Sue Desmond-Hellmann, Nicole Seligman, and Fidji Simo to its board of directors, marking a significant governance expansion.
Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash
Is Bitcoin still a safe haven? The Crypto Community takes the debate to Twitter after the biggest stock market crash since 2009.
Hedge Funds Were Net Short Bitcoin Futures Coming Into the Crash
According to the Block, hedge funds were inordinately short CME bitcoin futures compared to their peers the past week. So much so that net short positions among the hedge funds trading the product were at an all-time high the past two weeks.
Swedish Central Bank Completes Second Phase Testing of E-Krona
The Riksbank, Sweden's central bank, said it completed the second phase of the e-krona test, known as the e-krona, ready to be integrated into the banking network and facilitate transactions.
Blockchain Association Rejects Court's Securities Ruling on Private Blockchains
A U.S. lawyer called it "absurd" for a court to declare digital assets on centralized databases securities.
Decentralized Lending Platform Cream Finance Announces Integration with Polygon Network
Decentralized lending platform Cream Finance officially announced integrating with Polygon by launching its money markets on the Ethereum layer 2 scaling solution Polygon network.
Hyundai Emerges as First Automaker to Roll Out Community-Based NFTs
South Korean auto giant Hyundai Motor has entered the non-fungible token (NFT) market after partnering with the ‘Meta Kongz’ NFT brand to enhance its customer community and brand awareness.
Thailand's Mystic Valley Music Festival To Receive Payment Via its Minted MYST Tokens
Thailand's Mystic Valley music festival will be accepting payment for tickets from attendees through its own native MYST tokens.
Teaching with ChatGPT: OpenAI Issues Guidelines
A guide has been released for educators to integrate ChatGPT into classrooms, outlining its workings, limitations, and potential applications, emphasizing customization and human oversight.
Crypto Exchange Kraken to Launch in UAE
U.S.-based cryptocurrency exchange Kraken expands to the UAE, and open an office in Abu Dhabi.
How Blockchain Technology is Helping to Fight the Novel COVID-19 Pandemic
Coronavirus disease has changed our lives in unprecedented ways. With the imminent lockdown caused by the virus, several reorganizations had to be implemented to keep our lives going. This brief analysis highlights some of the key ways that the application of Blockchain Technology is helping in the fight against the COVID-19 disease and pandemic.
RIFT Protocol Solves the Scalability Problems in Blockchain
RIFT Protocol is a potential solution that could make the scalability problem in blockchain market a thing of the past.
Total Value of Ethereum in ETH 2.0 Tops 3 Million Ether
The total value of Ethereum locked in Ethereum 2.0 tops 3 million Ether and currently pegged at 3,000,034 ETH.
South Korea Arrests 3 Suspects in $3.4 Billion worth Crypto-related Probe
South Korean prosecutors on Thursday arrested three people in a probe of $3.4 billion worth of foreign-exchange transactions for possible connections to illegal crypto-related crimes.
Wales Eyes Own Digital Currency for Speedy Business Transactions
Wales has set its eyes on creating a complementary digital currency. It has been speculated that it could enhance the nation’s economy by approximately £250m in the next ten years.
Trump Warns of AI and Deepfake Dangers in Fox Business Interview
Former President Donald Trump criticized AI and deepfake technology, stating they pose significant risks and require urgent action to mitigate potential conflict and misinformation, emphasizing the complexities of regulating AI and ensuring ethical use.
Exclusive | FUSANG CEO: CCB’s $3 Billion in Blockchain-Based Debt Bonds is Rise of Crypto 2.0
According to FUSANG CEO Henry Chong, the CCB's historic blockchain-based bond listing, the first tranche of $3 billion in debt, marks a transition into what he calls “Crypto 2.0”
Ethereum (ETH) Price Analysis - April 9,2021
Ethereum hit a new high of $2,151.63 earlier this week and rallied bullishly after Federal Reserve Chair Jerome Powell's speech on US economic recovery.
Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k
In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.
STEPN Commits to Donate $100,000 Monthly towards Carbon Removal
Move-to-earn Web3 running application STEPN has made a commitment to donate $100,000 monthly towards carbon removal as part of its Earth Day goals.
MakerDAO May Onboard USDC as DAI Collateral Support to Combat Mounting Liquidity Risk
The share plunge of the cryptocurrency market has severely hit MakerDAO, the leader in the decentralized finance (DeFi) ecosystem. Last week its market value fell sharply from 889M to $246M which brought together Maker’s developer community who have recently discussed adding support for Circle’s USDC as collateral to hedge against the liquidity risk.
Google's Parent Company May Utilize Blockchain to Revamp its Existing Products
Alphabet Inc, the parent company of search engine giant Google, is not ready to play the second fiddle when it comes to blockchain technology, marked by the company’s in-depth research into the emerging tech.
Radix To Become The Wix Of DeFi
The website building platform Wix has taken the internet by storm, helping millions of people without software skills to build slick and stylish websites that are bursting with functionality seamlessly.
Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption
At least 100 car dealers in the UK have inked a partnership with London-based AutoCoinCars, the nation’s market leader in trading cars with cryptocurrencies. Through the strategic collaboration, clients will be able to purchase cars using cryptos in some of the biggest car dealers in the UK, such as Benz Bavarian, Saxton4x4, and Redline Specialist Cars.
Bitcoin Ordinals: Controversial but Here to Stay
Bitcoin Ordinals, the ability to permanently store data on the Bitcoin blockchain, are a controversial topic within the cryptocurrency community. However, builders and CEOs of Bitcoin-focused companies see potential for the technology, despite concerns over blockchain congestion and offensive content. Ordinals offer a new use case for the Bitcoin network beyond peer-to-peer cash, allowing for permanent and censorship-resistant storage of culturally significant events and data.
Digital Assets Market Update 12 August 2019
Latest news and updates from the digital assets market
Digital-Asset Investment Funds Enjoys Net Inflow of up to $63M since Five Weeks
Market analysis report shows that digital asset investment products enjoy a net flow of up to $63 million in five consecutive weeks, breaking a four week run of outflow.
Internet Computer (ICP): Everything You Need to Know
After Internet Computer ICP tokens were listed on a number of leading cryptocurrency exchanges, its price even exceeded the maximum of $750, briefly surpassing Ripple, Dogecoin, and Cardano, and reached fourth place.
The Ontario Securities Commission Flags Crypto Exchanges CEO's Tweet to Law Enforcement
The Ontario Securities Commission has flagged Twitter posts to the law enforcement by the CEOs of cryptocurrency exchanges Kraken and Coinbase Global Inc., according to the Logic report.
5G, FoodTech, Biotech? Unveiling Top Surprising Portfolios by eToro
Following Part 1 of our conversation, Lee shares with us some interesting thematic portfolios in eToro’s “Copy Portfolio” feature. He also revealed the significance of the acquisition of Delta and Firmo in the development of eTorox and tokenized market.
OKX and Manchester City’s Rúben Dias Debut ‘Train Like Dias’ Global Metaverse Training Experience
OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today debuted ‘Train Like Dias’ its first ‘OKX Collective’ immersive metaverse fan experience featuring OKX ambassador and Manchester City player Rúben Dias.
What is DeFi: The Ultimate Guide to Decentralized Finance Technology
The concept of decentralized finance (DeFi) has become so potent that it is difficult to separate the prospect of blockchain and crypto from the success or failure of DeFi as the ideal alternative to traditional financial systems. Owing to the importance of innovations classified as DeFi to the crypto economy, here are four fundamentals of DeFi.
Vleppo and Tokel make NFT rights legally enforceable in the real world leveraging Komodo technology
A long-standing problem confronting the blockchain world and NFT owners is the distinct lack of contractual clarity and legal rights in the enforcement of digital asset transactions. Today, Vleppo and Tokel have successfully conducted a breakthrough digital procedure that will pave the way for the blockchain industry and NFT owners to establish and enable their legal rights embodied in the NFTs and digital transactions to be made legally enforceable in the courts of law around the world.
Bitpay Announces the First Large Online International Furniture Brand to Go Live
Beliani, a European online home accessory and furniture seller, has inked a partnership with BitPay, a US-based bitcoin payment service provider, to allow buyers make purchases using cryptocurrencies, such as Bitcoin, Ripple, Ether, and Bitcoin Cash, as well as dollar-pegged stablecoins like USD Coin (USDC). This approach will enable shoppers to save 2-3% on every crypto transaction made compared to other payment methods.
HolyShxxt!'s NFT and Future GameFi plans Shows HK's Potential
Hong Kong-based non-fungible token (NFT) and blockchain developer HolyShxxt!'s release of NFTs and their plan to launch a strategic football management simulation GameFi shows the potential growth of the fusion of gaming and blockchain-powered financialization in the city and globally.
Total Value Locked in Ethereum 2.0 Reaches Record-High as Gas Fees Decreased
More investment continues trickling in Ethereum 2.0, which has broken the record, as disclosed by on-chain metrics provider Glassnode.
Russia Might Resort to Bitcoin Mining as Sanctions Continue to Bite
Based on the ripple effect of sanctions slapped on Russia because of its ongoing invasion of Ukraine, Russia continues to be starving for foreign currency. It might make Bitcoin mining an alternative to bypass sanctions.
Fireblocks Raises $500M, Taking Valuation to $8B
Digital asset infrastructure provider Fireblocks said that it raised $500 million from investors which lifted the company's value at $8 billion.
Fantom's Evolution: From Technical Innovations to Ecosystem Expansion
Fantom continues to innovate despite facing challenges in its DeFi ecosystem. With planned technical upgrades and a focus on growing its developer community, the network aims for a robust and diversified blockchain ecosystem.
Top Three Advantages of the Forex Trading Profession
There are also many other foreign exchange markets where you can start trading but the Forex market has many advantages. If you know and understand the Forex market then you won’t be able to quit trading in the market. Most people choose the Forex market as it gives higher chances to make a profit than in the other foreign exchange markets. In this article, you will be able to discover the advantages of Forex trading so make sure you read the full article.
TrueUSD Depegging Linked to Binance Launchpool Activities
TrueUSD (TUSD) depegged below its $1 parity, dropping to $0.97, amid significant selling on Binance and issues with real-time reserve attestations. The depegging was linked to activities on Binance Launchpool and raises questions about stablecoin stability and transparency.
News Industry Grapples with Financial Woes and AI Disruption
The news industry faces declining advertising revenue, declining subscriber growth, and AI-driven disruptions, necessitating strategic shifts and legal disputes to adapt to digital advertising trends.
Bitcoin Exchange Balances At Two Year Low
A decrease in bitcoin balances on exchanges signals that many investors could be holding for the long-term.
Animoca Brands refutes claims of scaling back metaverse fund target and plummeting valuation
Animoca Brands denied reports of scaling back its metaverse fund target by $200 million and a decrease in valuation from $6 billion to $2 billion. The firm acknowledged the impact of banking collapses but stressed that fundraising is still ongoing.
Santander Imposes Limit on Crypto Transactions for UK Customers
Santander to impose a £1,000 transaction limit on its crypto customers in the UK
HumanCode Collaborates with TON Society to Introduce AI-Powered Biometrics to TON Ecosystem
HumanCode, in partnership with TON Society, has launched an innovative collaboration to bring AI-powered biometrics to the TON Ecosystem. Through a $5 million incentive program, users can now verify their digital identities securely within the TON Ecosystem using palm scanning technology. This initiative aims to provide secure digital identities to millions of Telegram users, ensuring convenience, privacy, and enhanced security.
Mastercard Uses AI to Combat Real-Time Payment Scams
Mastercard has introduced a brand new artificial intelligence (AI)-powered solution with the intention of assisting financial institutions in combating payment fraud and scams in real time, ahead of any potential monetary abuses.
Zambia SEC Warns Crypto Enthusiasts About Making Investments in Onyxcoin Cryptocurrency
The Securities and Exchange Commission in Zambia has issued a statement warning the general public that the creator of OnyxCoin Kwakoo is in no way a licensed investment advisor and should not solicit funds from within or outside the country. The CEO of the commission was reported to have made this statement.
PNC Bank Plans to Cooperate with Coinbase to Launch Crypto Products
According to Coinbase's letter to shareholders on Tuesday, PNC Bank, the fifth-largest bank in the United States, is planning to cooperate with Coinbase to launch cryptographic service products.
Sberbank Executive Touts Blockchain for Russia
Sberbank executive Alexander Vedyakhin believes blockchain technology could help Russia solve current settlement issues, offering new capabilities for payment systems.
Upland and FIFA Officially Launch the FIFA World Cup Qatar 2022™ Experience in The Upland Metaverse
Upland and FIFA have today announced a multi-year partnership that allows the Upland community and football fans worldwide to collect, trade, and own FIFA digital assets and game video highlights, pursuing a joint mission to help fans get a better understanding of how the metaverse and web3 work.
DZ Bank to Integrate Digital Currencies Into Asset Management Services in collaborated with Turkish technology company
Metaco has also worked with Togg and UnionBank of the Philippines.
Minecraft Won't Allow Integration with NFT, Says Developer Mojang Studios
Mojang Studios, the sandbox video game Minecraft developer, has stated that it will not support NFT integration with Minecraft.
Alameda Research's FTX Tokens worth millions transferred
Many think the latest money transfer is part of the bankruptcy process, with officials liquidating funds to repay creditors.
Ukraine Opens Channel for Dogecoin Donations Towards Relief Efforts
As the Russia-Ukraine war rages on, Ukraine has increased the number of digital currencies. It now accepts Dogecoins from donors.
Multicoin Capital invests in Wormhole to enhance crypto interoperability
Multicoin Capital leads $225 million funding round for Wormhole, a leading multichain solution with over $41 billion assets and 30 chains, focusing on user experience and zero-knowledge verification technology.
Female-Backed VC Blossom Capital Raises $432M to Back Startups
Ophelia Brown's Blossom Capital has raised $432 million to back early-stage tech startups in Europe.
Robinhood Officially Rolls out Crypto Wallet
Robinhood rolls out a crypto wallet, providing access to more than 2 million customers on the waiting list for the digital product, Chief Product Officer Aparna Chennapragada announced.
ShareRing Enhances Digital Identity Solutions by Merging ShareToken
ShareRing, a blockchain-based ecosystem providing digital identity solutions, announced to merge ShareToken (SHR) into the Ethereum and Binance networks through a Multichain swap.
Adam White, COO of Bakkt on the Custody Offerings and Future Roadmap
Adam White, COO, Bakkt began his journey in the crypto world when he joined Coinbase six years ago, much to the dismay of his family and friends who believed has was throwing away his Harvard education on a pseudo-market.
Eureka Entertainment and Astar Network Collaborate for "CoinMusme" Blockchain Game Development
Eureka Entertainment and Stake Technologies are collaborating on the blockchain game "CoinMusme," which will introduce a new character, "Astar," and distribute 100 exclusive NFTs. The game also plans to collaborate with various cryptocurrencies and NFT projects.
Iran Completes Pre-Pilot Phase for Digital Rial
Iran's central bank has completed a pre-pilot phase for its digital rial, according to an official statement by the Monetary and Banking Research Institute. The CBDC will align with the rules governing the national currency, the Iranian rial, and be distributed among individuals and banks. Ten banks have applied to join the project, and all banks and credit institutions in Iran are expected to start offering electronic wallets for the digital currency.
$1.5 Billion of BTC Locked Up In Ethereum
Bitcoin maxis are turning to the dark side as the value proposition of DeFi sees record levels of Bitcoin on Ethereum.
Uniswap Labs Announces Upcoming v4 and Developer Training Program
Uniswap Labs teases the launch of Uniswap v4 and introduces an 8-week developer course to master v4 hooks, led by industry experts including Will Pote.
Gucci to Accept Cryptocurrency Payments in US
The world-renowned luxury brand Gucci will accept cryptocurrency payments by the end of this month and plans to roll it out to direct-operated North American stores this summer.
Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle
Harvey Eugene Murphy Jr. sues Macy's and Sunglass Hut for $10 million over wrongful arrest and assault, highlighting flaws in facial recognition technology and its serious consequences.
IRS Refuses Watchdog Request to Clarify 2019 Crypto Tax Guidelines
The Internal Revenue Service will not clarify how taxes work with cryptocurrencies and digital asset transactions in the US according to a US congress watchdog’s report released on Wednesday.
Ethereum-Based Akropolis DeFi Protocol Hacked, More than $2 Million Stablecoins Stolen
The recent hack suffered by Akropolis, an Ethereum-based DeFi protocol, resulted in a loss of more than 2 million DAI ERC-20 tokens.
Mastercard Onboards Ava Labs as Part of Start Path Crypto Program
American payment services firm Mastercard has onboarded Avalanche blockchain creator Ava Labs as part of its Start Path Crypto Program.
U.K. Could See Crypto Exchanges Exodus before FCA Deadline
With three days until a decision from the U.K.'s regulatory body, crypto companies awaiting approval are looking at places abroad for relocation, according to Bloomberg.
10 Things You Might Not Know About Davos
Freelance journalist Jillian Godsil popped her Davos cherry this year and learned ten surprising things you might not know about Davos
Bank of America Joins Marco Polo Blockchain Network Powered by R3 Corda
Bank of America has joined the Marco Polo Network, powered by R3 Corda’s distributed ledger technology to solve the challenges of the global trade participants.
Visa Offers Crypto Development Program for College Students
Visa is offering an 18-month full-time crypto development program for undergraduates in the United States, which will focus on building a "fully fluent cryptocurrency team now and for the future".
Singapore to Pump $8.9 Million Into National Blockchain Ecosystem
The Singaporean government has deployed a US$ 8.9 million national blockchain initiative dubbed the Singapore Blockchain Innovation Program (SBIP).
Blockchain.News Interview with Co-founder and CIO of CryptAM, David Demmer on Digital Asset Management
We conducted an interview with the Founder and CIO of CryptAM, a Fintech firm that offer high net-worth and institutional investors access and diversification into the digital asset market. He also shared with us his views and insights on the current digital asset landscape.
Why Cryptocurrency Is Not A Viable Global Reserve Currency to Replace the US Dollar
With the recent rise of cryptocurrency, there have been talks about the digital currency poised to become a global reserve currency, thus replacing the U.S dollar. Based on the virtual currency’s potential, it can become the next global hedge currency. But let us look at the facts in the financial market, especially from the dimensions of regulations, digital currency, and fiat currency. This move would help us understand whether the claims hold water.
Can’t invest in the US stocks you’re bullish on? DeFi could help
Diversification of investment has been an age-old advice. Investing money in stocks, commodities, Futures, Bonds, etc., all have been viable options. However, individuals don’t want to stop at the options in front of them. They want to reach for the options available beyond the borders of their homeland. But politics and economic regulations act as a roadblock for investors willing to invest in stocks of other countries. That is where DeFi comes to the rescue.
Kevin Rose, co-founder of Moonbirds, falls victim to phishing attack
Moonbirds co-founder Kevin Rose. He lost about $1.1 million in NFTs to a phishing fraud.
Crypto.com Extends Free Crypto Tax Reporting Services in Australia
Cryptocurrency exchange Crypto.com has launched a new crypto taxation service for Australian recently, enabling their clients to import their crypto transaction to generate a report and file to the government.
Telegram Goes Public with Involvement in TON Blockchain
Telegram finally acknowledged its involvement in the Telegram Open Network (TON) and Gram. In Telegram’s terms of service on its official website, Telegram mentions the govern of use of the Grams Wallet as well as its involvement with the TON blockchain network.
Ethereum is Ready for $5,000 and Chainlink for $100, says Market Analyst
Ethereum and Chainlink's current bull runs are far from over, as market analyst Michael van de Poppe remarked that ETH and LINK will surge to $5,000 and $100 price levels, respectively.
NFL Star Beckham Jr to Accept Salary in Bitcoin
National Football League's star Odell Beckham Jr has become the latest high-profile athlete to accept his salary in Bitcoin from his team Los Angeles Rams.
White House Cracks Down on Cryptos Used for Purchasing Illicit Drugs
The White House issued two advisories on illicit drug purchases in the United States on Wednesday, referencing the role of cryptocurrencies allegedly used in these transactions.
China's Central Bank Digital Currency DCEP: What We Know So Far
China has been charging full speed with its digital currency development plans in response to Facebook’s Libra. China’s state-owned bank, the People’s Bank of China (PBoC) has been reportedly developing their own digital currency aimed to replace cash in circulation and was said to be ready in the coming months.
SK Square Earmarks $1.6b to Invest in New Tech Including Blockchain
SK Square, the largest shareholder of South Korean chipmaker SK Hynix, is reportedly earmarking the sum of 2 trillion won ($1.63 billion) to invest in new technologies including chips and blockchain.
Moelis Investment Bank Launches Blockchain Firm for Crypto Venture Deals
Moelis bank has created a new group to target venture deals into firms across blockchain and crypto industry.
Next generation mainnet project NvirWorld signs MOU with “high-performance” blockchain Solana
NvirWorld, a blockchain company with platforms such as NFT marketplace Nvir Market and decentralized finance (DeFi) service N-Hub, announced the MOU with the Solana Foundation.
JPMorgan: El Salvador to Face multiple Obstacles on the way to Implement Bitcoin as Fiat Money
JPMorgan Chase, citing a report, stated that El Salvador’s designation of Bitcoin as legal tender would bring various obstacles to its country, questioning the robustness of the payment mechanism.
UAE Rolls Out Blockchain-Powered Trade Finance Platform to Fight Fraud
The United Arab Emirates (UAE) has launched a blockchain-enabled trade finance platform dubbed UAE Trade Connect to curb economic crimes like money laundering, under-invoicing, and fraud.
New Ride-Hailing App to Transform Payments by Offering Blockchain Direct Transactions
Bayride has revealed RideNode, a new transportation virtual and blockchain currency that seeks to transform the payment structures in this sector. America’s ride-hailing industry is touted to be revolutionized because RideNode will offer direct transactions between the service provider and consumers.
AMC Entertainment to Accept Bitcoin as a Payment Method for Ticket Purchases by Year-end
AMC Entertainment, the leading American movie theatre chain, said it would accept bitcoin as a payment method for ticket purchases and discounts by the end of this year.
Bitcoin Dips Below $50,000 as Price Correction Continues, What's Next?
Despite its price retracement, market analysts are still bullish on Bitcoin. What can we expect from the cryptocurrency in the upcoming days?
Libra Faces Competition as Celo Foundation Hands Out First Grants Expanding the Use of its Platform
Libra has been facing some competition as the Celo Foundation has awarded its first grants of $700,000 in total to 13 projects that expand the use of its platform.
Tim Beiko announced Shapella upgrade
Full and partial validator withdrawals alter the consensus layer.
Bitfinex Partners with ODEM to Revitalize Crypto Education
Bitfinex has joined hands with ODEM, an on-demand education and employment marketplace, in creating a new education model on the importance of digital tokens in the blockchain and crypto space.
Tether Deny Bitcoin Bull Run Manipulation
Reporting on allegations made against Tether’s parent company Ifinex, Tether has released follow up comments to deny any wrongdoing in the market.
Arbitrum DAO Explores Grants to Boost Web3 Gaming Development
Arbitrum DAO is discussing grants to support Web3 gaming, with phases of development receiving $100,000 to over $1.5 million. This effort aims to capitalize on the growing $272 billion gaming industry, enhance Arbitrum's gaming ecosystem, and position it competitively in the Web3 space.
Exclusive: Gerard Dache, on the Two Contradictions of Facebook Libra
In part 2 of the interview, Gerard walked us through some of the recommended bills to the government in fostering blockchain innovation, such as the “Blockchain Promotion Act”. He then shared his views on the nature of Bitcoin and two contradictions of Facebook’s Libra.
NBA's Rockets Team up with NYDIG, to be Paid in Bitcoin
NBA team Houston Rockets announced that it will collaborate with the New York Digital Investment Group (NYDIG), a top player in the bitcoin arena.
Yearn.finance’s YFI Token Pumps to a New Record High of $95K
Yearn.finance's governance token YFI set a new record high of $95,000 today.
Twitter Bitcoin Hack Demonstrates That Crypto Fraud is Easier to Track Than Fiat
Cryptocurrency regulation was the hot topic during an ongoing panel hosted by the Association of Certified Financial Crime Specialists.
Germany Overtakes US to Become Rank 1 Crypto Economy, HK at 8
Germany has overtaken the US to become the world's top-ranked crypto economy in the third quarter of 2022. The US, which led the rankings alongside Germany last year, was pushed to seventh.
Tencent Gets Green Light for Blockchain-Enabled Invoice Standard
Tencent, a Chinese internet giant, has been given the go-ahead by China’s State of Administration of Taxation to generate a draft for a blockchain-powered invoice standard.
Chainlink (LINK) Hit a New All-Time High in Daily Active Addresses Despite Dave Portnoy Selling Tokens
Dave Portnoy, he decided that investment in Chainlink may not be worth it as he makes “6 figures every day” in the real stock market.
Russia To Introduce Laws Regarding the Confiscation of Crypto Assets
Russia Prosecutor General Igor Krasnov said that the administration is preparing to introduce legislative amendments to the confiscation of illegal digital assets by law enforcement agencies, according to TASS.
What is Forefront AI? Everything You Need to Know!
Forefront AI is a service aggregator integrating ChatGPT and Claude's NLP capabilities. It offers features like enhanced ChatGPT experience, internet content access, image generation, and custom personas. Applications span content creation, customer service, personal assistance, education, research, and entertainment. The platform has various pricing tiers, catering to individuals and enterprises. Users should consult official policies for privacy and legal concerns.
Nordea Bank Ban on Staff Bitcoin Trading Upheld By Danish Court
A Danish court has ruled that Nordea Bank is within its rights to prohibit its employees from investing in Bitcoin and other cryptocurrencies.
FTX to Have Its European Operating License Suspended
Following its turmoil, the FTX’s European license is now said to be soon suspended by Cyprus regulators, according to a report.
Theta Token Dips by 20% as Theta Pushes Mainnet 3.0 Launch to June
Theta’s Mainnet 3.0 launch, which was previously anticipated for this April, has been pushed back to June 30, 2021.
Is Bitcoin a Safe Haven Asset? US-Iranian Tensions Ignite Old Debate
Bitcoin’s price has improved significantly following the U.S. killing of top Iranian general Qassem Soleimani. As tensions escalate between the US and Iran, several crypto analysts have reconsidered the old debate on Bitcoin’s ability to function as a safe-haven asset similar to gold in times of geopolitical uncertainty.
Indonesia’s Chronic Crop Data Problem Solved by Blockchain
Indonesia has been a victim of unreliable crop data, and this has hindered the optimality of its agricultural sector. This nation has been grappling with the lack of accurate data when it comes to issues, such as crop output. HARA, a Jakarta-based startup, seeks to address this challenge by deploying blockchain technology.
Flare Partners With Blockchain Security Specialist FYEO For Ongoing Audits
Flare is pleased to announce an official partnership with blockchain security specialist, FYEO. The firm will perform ongoing security audits of Flare’s codebases, providing actionable feedback to support safer smart contract development and help to minimize risk for all users of the network.
Gemini Launches Crypto Staking Service in US, Singapore, Hong Kong
Gemini said users can start staking MATIC on the Polygon network. The exchange stated that plans to support Ethereum, Solana, Polkadot, and Audius will be launched next month.
Simplex Redefines the Fiat-to-Crypto/Crypto-to-Fiat Experience With the Launch of the Simplex Banking Solution
Simplex Banking works alongside Simplex’s unparalleled partner network to overcome key barriers to greater crypto adoption by providing a global solution of crypto- friendly banking, offering local payment methods for a truly global reach.
Singapore Blockchain Week 2020 Sets the Stage with Global Blockchain Experts and Regulators
Singapore Blockchain Week 2020, hosted by Blockchain Association of Singapore (BAS) and co-organised by NexChange Group, will be held from 21 July to 23 July 2020. The anchor event - Singapore Blockchain Week Virtual Summit will take place on 21 July, followed by a series of meetups, workshops and investor events to be organised from 22 July to 23 July 2020.
Fan Receives a Bitcoin From Tom Brady after Returning 600th Touchdown Ball
A nine-year-old Tampa Bay Buccaneers fan got a reward with a Bitcoin from football player Tom Brady after returning the ball following Brady's 600th touchdown pass, which Mike Evans completed.
IBM and SAP Partner to Enhance Consumer Industries with AI-Driven Solutions
IBM and SAP collaborate to revolutionize consumer industries using WatsonX AI, aiming to optimize supply chains, enhance retail operations, and achieve greener deliveries.
Metropoly Pre-Sale Raised 300k After Releasing Beta
The Metropoly presale for the METRO token has started successfully, with seven stages sold out and only three remaining. The METRO token presale started at $0.033 and will launch at a fixed price of $0.1. Metropoly has already managed to raise over $300,000 in its presale. The blockchain-based project aims to transform the real estate industry's operations, bringing it into the digital age.
US Crypto Tax Law Study
Indiana and Maine universities publish a study examining US cryptocurrency tax law. The paper proposes a new tax framework for cryptocurrency losses, which would prevent taxpayers from using them against other capital gains.
May 12: No Hype Needed for BTC
BTC largely unchanged in the last 24 hours post the halving with hash rate dipping slightly. With the halving behind us now, you've 1,458 days to talk about the next for those suffering from hype withdrawal symptoms. What's more interesting than the halving yesterday was Paul Tudor Jones admitting that he has 1-2% of his assets in bitcoin and that it's a "great speculation".
Paxos—Regulated and Rising above Trustless Tether and Lost Libra
In this second part of our interview with Cascarilla, he explains why the PAX stablecoin is ultimately superior to Tether and gives his thoughts on Facebook’s Libra project and the nature of money.
1 in 9 Indonesians hold Cryptocurrency, Hootsuite Report
According to a report shared by Hootsuite citing GlobalWebIndex, 11% of all Indonesians own some kind of cryptocurrency. The total population of Indonesia is just over 270 Million people which makes it the fourth most populous country on the planet.
Binance to Launch UK Crypto Exchange to Meet Client Demand
Binance, the leading cryptocurrency exchange has announced that it will launch a regulated crypto trading platform in the UK, in the coming months. Binance.UK is planning to create a trading platform to allow retail and institutional investors to sell and buy cryptocurrencies using euros and pounds.
Artificial Intelligence Might Help Eradicate Fake Cryptocurrency News
Deepfakes may jeopardize the future because they might make fake news to blend seamlessly into our daily lives. As a result, people’s actions and viewpoints might be substantially influenced, especially in the crypto space.
Depegging of USDC and DAI Saves Borrowers $100 Million
The depegging of USD Coin (USDC) and Dai (DAI) from the US dollar resulted in more than $2 billion in loan repayments on decentralized lending protocols Aave and Compound, with borrowers saving a total of over $100 million. USDC and DAI started heading back toward their peg, and repayment activity tapered off in the following days.
CME Group Bullish on Bitcoin Despite Pullback in Prices
The Chicago Mercantile Exchange (CME) Group recently stated that customer interest in CME Bitcoin futures remained bullish in Q3 2019 despite the Bitcoin price pullback.
Robinhood Seeks Sanctions Investigators ahead of Self-Custody Crypto Wallet Launch
Robinhood is hiring more specialists to work in the finance crimes compliance unit as the platform may be broadening its offerings.
5200 Vendors Now Accept Bitcoin Payments For Tobacco Purchases
Keplerk, a French-based cryptocurrency startup has relaunched it's Bitcoin for tobacco service in as much as 5200 outlets across France starting from October 10th.
C10: An All-Weather Approach to Investing In Cryptocurrencies
The future of cryptocurrencies looks bright as an increasing number of investors are looking for alternative investment opportunities, but many remain hesitant because of the market's extreme volatility.
Binance Bails Out From FTX Takeover Deal
Binance on Twitter announced the crypto exchange has ended the acquisition plan because, among other reasons, FTX has mishandled customer funds.
UK Fund Managers Urge Regulators to Approve Blockchain-Traded Funds
UK fund managers urge regulators to approve blockchain-traded funds, suggesting this move will help the UK in line with advances in the financial ecosystem.
Polkadot Regains Bullish Momentum as Osprey Launches Polkadot Trust
Crypto asset management company Osprey Funds announced the establishment of the Osprey Polkadot Trust.
Thailand's SEC enhances investor protection with new cryptocurrency trading rules.
Thailand's Securities and Exchange Commission (SEC) has introduced new guidelines to strengthen investor protection in the cryptocurrency industry. The SEC has mandated clearer disclosure of risk warnings and restrictions on digital asset business operators' deposit and lending services.
XVI Citizens to Introduce 16 Personalities as NFTs
The 16 Personalities idea is turning into non-fungible tokens (NFTs) and entering the metaverse for the first time through the XVI Citizens project.
Mike Bloomberg: US Presidential Candidate Highlights Crypto Adoption In Agenda for Financial Reform
The United State presidential candidate for the upcoming 2020 election Mike Bloomberg is set to tender a proposal seeking to accommodate regulations for cryptocurrencies in a new financial plan that will be duly regulated.
Dorsey's Payments Firm Block Starts to Begin Mining Bitcoin
Block Inc, formerly known as Square, will begin mining Bitcoin with its mining system based on custom silicon and open source for individuals and businesses worldwide.
Binance Coin (BNB) and Monero (XMR) Price Analysis - March 11,2021
BNB may continue to rise and break through the resistance level of $300. As for XMR, the short sides are still dominating the market.
Stablecoin USDC Issuer Circle to Apply for U.S. Crypto Banking License
Circle Internet Financial, the second-largest stablecoin USDC issuer, said it is now close to submitting an application to U.S. regulators to operate as a bank.
Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet
The software developing team for Ethereum 2.0 has finally announced that they will be launching ETH 2.0’s testnet on August 4.
Deceptive AI: The Hidden Dangers of LLM Backdoors
Recent studies reveal large language models can deceive, challenging AI safety training methods. They can hide dangerous behaviors, creating false safety impressions, necessitating the development of robust protocols.
Blockchain Security Firm Certik Raises Nearly $88m in Stock Offering
Blockchain security and audits firm, Certik raise nearly $88 million through a stock offering.
Visa Launches a Blockchain System that Algorithmically Ensures Fairness
Visa, a prominent card payment solution provider, has developed a blockchain-driven system dubbed LucidiTEE that seeks to enable multiple parties to compute large-scale private data jointly. This is touted to happen in such a way that policy compliance is guaranteed even if the input providers are offline.
Matrixport's Evolved Enterprise-Grade Cactus Custody and Holistic Approach to KYT and AML Compliance
Matrixport is a Singapore-based cryptocurrency startup which was launched by former Bitmain CEO Jihan Wu. Established in July 2019 with the goal to offer over-the-counter trading, lending and custody services for crypto, Matrixport boasts a systematic security model, global distributed infrastructure and business-focused security innovation capability to assure the security and reliability of users' assets.
First-Ever Real Estate Blockchain Portal Set to Launch in the UK
OpenBricks is eyeing to be the world's first blockchain-based portal as it won’t have any centralized authority, as well as many staff because it will thrive on agents’ own servers using a distributed ledger network.
OpenSea Set to Launch 2.0 Version to Enhance NFT Experience
OpenSea is launching OpenSea 2.0, a revolutionary NFT marketplace upgrade, focusing on enhanced user experiences, improved trading access, advanced security measures, and simplified user onboarding.
Paxful Exits Venezuela’s P2P Crypto Bitcoin Market Following US Sanctions
Paxful has withdrawn its crypto trading services from Venezuela after the country was classified as high-risk by the Office of Foreign Assets Control (OFAC).
Estonia's Central Bank Launches Research Project into CBDC
Estonia’s Central Bank also known as Eesti Pank has launched a multi-year research project into central bank digital currencies.
International Chamber of Commerce to Deploy Blockchain-Powered App for Tamper-Proof COVID-19 Compliance Status
International Chamber of Commerce (ICC) has inked a partnership with International SOS, the globe’s biggest medical and travel security services firm, to establish a new blockchain-enabled mobile app dubbed ICC AOKpass. It will be instrumental in providing trusted and immutable recognition of persons’ COVID-19 compliance status.
OpenAI Explores GPT-4 for Content Moderation
OpenAI is leveraging GPT-4 for content moderation, streamlining policy creation from months to hours. The process involves refining policies through iterative feedback between GPT-4 and human experts, enabling efficient, large-scale moderation.
Australian Government Explores the Viability of Blockchain For Land and Property Conveyancing Transactions
The Australian government is piloting a blockchain database to find out its viability on conveyancing transactions.
Australian Bitcoin Miner Iris Energy Doubles Operating Capacity to Over 2.3 EH/s
Australian Bitcoin mining company Iris Energy has announced that its operating capacity has roughly doubled to over 2.3 EH/s.
75% Investors Joins Crypto Space due to GameFi, Survey Shows
Despite the recent market crash might discourage investors. A survey shows that 75% of investors join the crypto space due to GameFi.=
Taiwan's Major Crypto Exchanges Form Association to Align with Upcoming Regulations
Taiwan's major crypto exchanges form an industry association to align with upcoming regulations by the Financial Supervisory Commission. The association aims to serve as a unified voice for the industry and facilitate effective communication with the government.
LG Electronics to Roll Out Crypto Wallet
As part of plans to expand its business scope to include platforms and software, South Korean tech giant LG Electronics is launching a crypto wallet application dubbed “Wallypto.”
New partnership to enable Bitcoin micropayments for content platforms
Crypto has enabled micro-monetization across businesses. Play-to-earn games and music streaming led this crypto integration. ZEBEDEE and Fountain, a value-for-value podcasting platform, partnered.
Coffee Origin Traceability Propelled by Blockchain App
The traceability of coffee origin is set to be propelled through blockchain technology. For instance, a blockchain-enabled app known as 'Thank My Farmer' seeks to avail information about this to various consumers, such as millennials.
Blockchain Daily Digest – November 5th, 2019
After some three years of work, Liechtenstein has introduced what some have described as the world’s first blockchain business law (the Lichtenstein Token and Trusted Technologies Law’) which will go into effect in January 2020.
Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders
Wall Street giant Morgan Stanley is creating more access for everyday investors with the announcement of an imminent $13 billion acquisition of online trading firm E*Trade Financial Group.
Ethereum Developer’s Trial for Attendance at North Korea Blockchain Conference Set for September 2021
Ethereum researcher Virgil Griffith has been accused by the US government of assisting North Korea in questionable affairs involving cryptocurrencies.
Luxembourg: The FinTech Hub For Cross Border Asset Management
Luxembourg for Finance (LFF) is a public-private partnership that acts as the agency for the development of the financial center of the small nation.
Binance.US Offers Institutional Liquidity to Tagomi Users in a Partnership Deal
Binance.US has partnered with Tagomi, a crypto brokerage firm, to offer institutional liquidity to its users in its cross-exchange trading platform.
Abu Dhabi-based Venom Foundation creates $1B Web3 and blockchain fund.
Abroad. Venom Foundation and Iceberg Capital announced a $1 billion agreement to finance Web3 and blockchain companies. Venom Ventures Fund will invest in payments, asset management, DeFi, and GameFi protocols and Web3 DApps. The investment fund will target entrepreneurs and IT companies to employ Venom's scalable, proof-of-stake blockchain system.
AI-powered project steals $1M from consumers.
Users have reported that the AI-based decentralized application project Harvest Keeper has stolen approximately one million dollars from their accounts in what is likely to be a fraud.
Manta Network Launches "Blast Off to Manta" with $MANTA Incentives
Manta Network introduces "Blast Off to Manta" for instant Blast withdrawals & MANTA rewards, aiming to enhance the DeFi ecosystem.
USDC Enjoys Robust Reserve & Redeemed on 1:1 basis with USD, Says Circle CEO
Jeremy Allaire, the founder and CEO of USDC stablecoin issuer- Circle, shared on Twitter about the firm and how to place in a better position financially, despite the ongoing crypto market meltdown.
WAHED Announces Strategic Partnership With The Creator’s Group
WAHED is delighted to announce a brand new partnership with Creator’s Group. Bringing years of experience in the real estate and property management sector, the Creators Group can look forward to enjoying a number of advantages that the blockchain can add to this industry.
$134 Million Deal Closed By Real Estate Company Using Blockchain in Switzerland
Switzerland has just recorded one of its first real estate tokenization and sale on the blockchain. The asset involved in this transaction is a building sitting on the prestigious Bahnhofstrasse in Zürich.
Crypto.com Signs 5-Year Deal with Australian Football League, Worth $25m Sponsorship
Crypto.com announced that has signed a five-year partnership agreement with the Australian Football League, sponsoring it for $25 million to develop sports business.
Demand for Crypto Mixers Hits ATH, Illicit Address Activities Draws Majority
The rising use of mixers in the crypto space should be a cause for concern because they are highly being utilized by cybercriminals and bad actors, according to Chainalysis.
Solana Foundation Offers $400k Bounty for Critical Code Discovery
Jacob Creech announces a $400k bounty for discovering code that can halt Solana network, part of Solana Foundation's endeavor to ensure robust network security.
Tertiary institution Signs MOU with Cryptography Development Initiative in Nigeria
As the rest of Africa makes an effort to secure a position of relevance in the blockchain space, Nigeria based Nile university has gone into partnership with Cryptography Development Initiative in Nigeria
Israel Incoming President Receives NFT Souvenir from his Father
Israel newly-inaugurated President Issac Herzog receives his gift of an NFT-formed oath archive from the parliament, signed by his father and the former president.
Blockchain Technology in the Healthcare Market Expected to Contribute $121Bn by 2030
Blockchain technology in the healthcare market is expected to reach an annual growth rate (CAGR) of 68.3% between 2022 and 2030, according to a study by Market Research Future (MRFR).
DOJ Targets SBF's Jets for Forfeiture
Samuel Bankman-Fried, also known as "SBF," faces the possibility of asset forfeiture, including two luxury jets, as per a filing by the U.S. Department of Justice (DOJ) dated October 4, 2023. The forfeiture is linked to multiple charges against Bankman-Fried, who is currently on trial. The aircraft in question are embroiled in an ownership dispute involving the U.S. government, FTX, and Island Air Capital.
April 16: When Memories Last A Lifetime
Trading Crypto with Eugene is a series of daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful!
$27M USDT Theft Linked to Binance Deployer Address
A 27 million USDT cryptocurrency theft, linked to Binance's deployer, has raised security concerns and highlighted the risks of cryptocurrency holdings and recovery challenges.
The Central Bank of China Reiterates All Crypto-related Transactions are Illegal
The Chinese government once again stepped up its suppression of cryptocurrency transactions, and the Chinese central bank stated that all cryptocurrency-related transactions are illegal.
Bitcoin Pizza Guy and the Tenth Anniversary of the Most Regrettable Purchase in Human History
On May 22, 2020, the 10th anniversary of Bitcoin Pizza Day will be marked. It is because ten years ago, on this day Laszlo Hanyecz, aka ‘Bitcoin Pizza Guy,’ traded his 10,000 BTC for two Papa John’s Pizzas with eighteen-year-old Jeremy Sturdivant, aka jercos.
3 Ways Biden Can Be Friendly With China
I’ve often viewed myself as both a global citizen and a bridge between East and West. The Biden Administration has a once-in-a-generation opportunity to redefine America’s role in the global economy and pave the way for success in world with two equal economic superpowers. Here’s how…
Dolce & Gabbana Bags $6M from Fashion NFT Collection “Collezione Genesi”
Leading Italian luxury fashion house Dolce & Gabbana sold a nine-piece collection of fashion NFTs dubbed Collezione Genesi for a whopping $6 million.
185 Blockchain Hacking Incidents with $920M Loss Reported by SlowMist in First Half of 2023
SlowMist, a renowned blockchain security firm, has recently published its mid-2023 report on Blockchain Security and Anti-Money Laundering (AML). The report offers a comprehensive overview of the current global landscape of blockchain security and AML developments.
Mexican Senate Gets First Bitcoin ATM Machine, the Nation Eyes Making BTC Legal Tender
To offer Mexican lawmakers first-hand Bitcoin experience, ChainBytes and Axolotl Bitcoin have put up a Bitcoin ATM at the nation's senate building.
Fetch.ai Enhances Web3 Adoption after Onboarding 40,000 New Users
Fetch.ai’s push to a Web3-driven digital economy gained steam after onboarding 40,000 unique and active users from Get My Slice (GMS), a leading consumer-centered data marketplace.
Constellation Network to Provide Blockchain Security for US Air Force's Data Sharing Needs
The US Air Force is set to secure its multi-partner data sharing using Constellation Network's data infrastructure.
Mining firm Compute North Files for Chapter 11 Bankruptcy
Crypto mining firm Compute North has filed for Chapter 11 bankruptcy protection in a federal court as it had been struggling to survive due to the market downturn.
TravelX, Air Europa Launch World's 1st Flight Ticket NFTs
TravelX announced that it has partnered with Air Europa to release the world's first NFT flight ticket collections or "NFTickets." Owners can issue their own flight tickets by presenting their NFT.
Surge in Generative AI Interest: Insights from Twitter Discussions
A recent study titled "Public perception of generative AI on Twitter: an empirical study based on occupation and usage" unveils a broad spectrum of sentiments and uses of generative AI across various occupations, highlighting the technology's impact and ethical considerations.
China and EU Trade Talks Included the Potential Cooperation of Central Bank Digital Currencies
The European Union and China recently had trade and economic discussions regarding topics including central bank digital currencies (CBDC) and supply chain.
Taiwan FSC to regulate crypto
Taiwan's top administrative authority, the Legislative Yuan, will regulate cryptocurrencies via the Financial Supervisory Commission (FSC). Chairman Huang Tien-mu declared that the FSC would supervise Taiwan's crypto business, but not NFTs. The FSC should create and adopt a crypto regulatory framework by March or April. This follows continuous tensions with China, which views Taiwan as a separatist province it intends to dominate.
Video Generation: ByteDance MagicVideo-V2 Outperforms Pika 1.0, SVD-XT?
ByteDance's MagicVideo-V2 surpasses Pika 1.0 and SVD-XT in AI-driven video generation, showcasing advancements crucial for the parent company of TikTok and Douyin and the broader tech industry.
CI Global Asset Management Partners with Galaxy Digital, Launching Blockchain and Metaverse ETFs
CI Global Asset Management (“CI GAM”), a major Canadian asset management firm, has partnered with Galaxy Digital to launch ETFs focused on blockchain technology and Metaverse.
Turkish Crypto Exchange Goes Bankrupt, Customers Locked Out of Their Funds
Thodex crypto exchange has gone offline and its customer service vanished too, thus leaving users in the dark.
Cryptocurrencies are Assets, Not Currency, says American Express CEO
Cryptocurrencies are an asset class like gold and silver, American Express chairman and CEO American Express chairman and CEO said.
Singapore Regulator Considers Strengthening Safeguards on Crypto Access to Retail Trading
Singapore Central Bank considers updating its crypto regulations to strengthen system safeguards that financial firms must put in place to protect users.
IBM Food Trust: Cutting Through the Complexity of the World’s Food Supply with Blockchain
IBM Food Trust was first launched in August 2017, with 10 Foundation members aiming to use blockchain in food traceability to solve issues in the food supply chain. Prior to the launch, IBM, Walmart and Tsinghua University announced a collaboration to improve the way food is tracked, transported and sold to customers in China. Juniper Research recently announced that IBM Food Trust is one of the leading blockchain players in the food provenance space.
Harmony Plans to Mint billions of New ONE Tokens for Reimbursement
Harmony is planning a hard fork to mint billions of new harmony (ONE) tokens to reimburse victims of its bridge hack last month.
SEC Reschedules Decision-Making on Bitcoin ETF Proposals
The Securities and Exchange Commission (SEC) in the United States once again delayed on deciding on the three Bitcoin exchange-traded fund (ETF) proposals according to the release of documents from the regulatory agency on Monday.
Serum Hits New All-Time High amid 900% Year-to-Date Increase
Serum (SRM), a decentralized exchange that operates on the Solana blockchain, set a new all-time high of $11.24 today.
DeFi Keeps Surging with Decentralized Finance’s Total Locked in Value at over $9 Billion
DeFi's value keeps surging with Decentralized Finance’s locked in value now at over $9 Billion
Bitfinex and Tether's Appeal Rejected by New York Judge
Judge Cohen reportedly decided to give a 90-day extension to the case, which will give the New York Attorney General’s office to continue investigating. Judge Cohen also dismissed Bitfinex and Tether’s motion to appeal after the ruling.
Circle Introduces Native USDC on OP Mainnet: What It Means for the Ecosystem
Circle launches native USDC on OP Mainnet, replacing Ethereum bridged liquidity. Collaborating with Optimism, it will be available on Coinbase's Base, Solana, Ethereum, and Mercado Pago.
Russian Prime Minister Sets Deadline For Adopting New Approach to Cryptocurrencies
The awesome wave of change has snaked into the Russian cryptocurrency market as their finance ministry advocates for a new regulatory framework to be adopted by the country’s legislative body. This proposition entails that cryptocurrencies will be classified under three separate legal categories or tiers as set by the Russia legislative body law. These tiers are virtual assets, technical tokens, and digital finance asses.
Sber Bank's blockchain technology uses Metamask
Russia's biggest lender integrates its blockchain technology with Ethereum to enter DeFi and Web3. The connection lets users utilize Sber's tokens and smart contracts. Sberbank is developing blockchain goods. It requested a blockchain platform for its "Sbercoin" stablecoin from the Bank of Russia in 2021.
CoinsPaid Total Transaction YTD Tops €16B despite Crypto Winter
Cryptocurrency processing platform CoinsPaid has shared an update on its performance in Q3, revealing it saw a two times growth in its transaction volume when compared to the same period of last year.
Indonesia Plans to Strengthen Security for Crypto Investments
The Financial Service Authority (OJK) of Indonesia will oversee the regulation, supervision and oversight of crypto investments to improve protection for investors, the Southeast Asian country's minister said on Thursday.
Crypto Custody Firm Fireblocks Integrates with the DigitalBits Blockchain
Crypto custody firm Fireblocks has launched a new integration with the DigitalBits blockchain, providing users with secure access to products and services built on the DigitalBits blockchain.
Argentine Crypto Exchange Ripio Launches Crypto Prepaid Debit Card in Brazil
Latin American cryptocurrency company Ripio partnered with Visa on August 24, to launch a cryptocurrency prepaid debit card in Brazil that supports payments with cryptocurrencies.
"I Knew Owning Bitcoin Was a Bad Idea," Claims Peter Schiff After Losing Access to His Bitcoin Wallet
"I knew to own Bitcoin was a bad idea, I just never realized it was this bad!" exclaims Peter Schiff, after losing access to his bitcoin wallet and his password being invalidated. The crypto – the community has offered help, but it would seem the BTC has been lost for good.
Ethereum Will Be Made Available on Amazon Managed Blockchain
Amazon Web Services (AWS) has now brought the benefits of Ethereum blockchain solutions to its users.
Bitcoin Hit the Worst Quarter Return since Q1 2018
Bitcoin is currently down nearly 46% this quarter. Bitcoin is about to meet its biggest decline since 2014.
Candy Club Integrates with OKC (OKX Chain) Ecosystem
Candy Club has successfully integrated into the OKC ecosystem and added a use case for the OKC token and community. OKC is an EVM-compatible L1 built on Cosmos with a focus on true interoperability (IBC) and maximized performance. At high scalability, developers can build and scale with low gas fees. The OKC ecosystem and infrastructure, including the all-in-one multi-chain Web3 interface, enables a seamless experience for both developers and users.
GPT: A Comprehensive Guide
GPT, standing for Generative Pre-trained Transformer, is a machine learning model specifically designed to generate text. It is initially pre-trained on a large corpus of text data and subsequently fine-tuned to perform specific tasks.
What is Dogecoin?
Dogecoin is an altcoin cryptocurrency founded in 2013 based on the popular Doge meme, and is one of the more colorful coins on the cryptocurrency spectrum.
U.S. Financial Stability Oversight Council to Discuss Digital Asset Regulation Next Week
The Financial Stability Oversight Committee (FSOC), chaired by U.S. Treasury Secretary Yellen, will meet on September 23 to discuss regulatory loopholes in digital currencies and the potential risks they pose.
FTX to Open Regional HQ in Dubai after Acquiring License
Cryptocurrency exchange FTX is set to open a regional headquarters in Dubai after its virtual-asset license was approved.
91% of Bitcoin Mined, Remaining less than 1.9m Units to Issue before 2140
Only 9% of Bitcoin is left to be mined for the next century, according to a data platform from the Clark Moddy Bitcoin's dashboard.
Compound Founder's New Venture Superstate To Bridge Traditional and Blockchain Finance
Compound's Founder and CEO, Robert Leshner, has announced the launch of a new venture, Superstate (@superstatefunds). "Superstate's mission is to create regulated financial products that bridge traditional markets & blockchain ecosystems," said Leshner, signaling a significant shift in the financial industry.
Dubai’s Free Zone to Bridge the UAE-India Agriculture Trade Gap with Blockchain
Dubai Multi Commodities Centre has established a blockchain agriculture trading and sourcing platform to link India's rural farmers with the UAE food sector.
Mastercard Collaborates with Bakkt to Expand Encryption Solutions & Join Loyalty Program
Payment giant Mastercard cooperates with the U.S. Institutional Exchange Bakkt by expanding integrated cryptocurrency solutions and payment services.
Genesis Digital Assets Raises $125M to Expand Bitcoin Mining Business
Digital asset lending firm Genesis Capital has raised $125 million in equity financing to expand its Bitcoin mining business, mainly in North America and Northern Europe.
Spanish Opposition Party Partido Popular Proposes Bill Allowing Crypto Payment for Mortgage
Spain opposition party- Partido Popular (PP) party has proposed a bill allowing the use of cryptocurrency to pay for mortgage loans.
Hong Kong-based Grand Cru Cellar to Offer First Redeemable Wine NFT in Asia
Hong Kong-based wine importer and distributor Grand Cru Cellar (GCC) has announced plans to enter the NFT industry.
China Telecom and Conflux Network to pilot Blockchain enabled SIM card in Hong Kong
Today China Telecom and Conflux Network announce a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level Web3 product will be the largest blockchain hardware product ever seen globally, involving the most users and applications. China Telecom will launch the first BSIM pilot program in Hong Kong later this year. This will likely be followed by pilots in key mainland China locations such as Shanghai.
Benefits and Use cases of Blockchain in Real Estate Sector
From the rental market to general real estate transactions, cryptocurrency and blockchain technology are transforming the way landlords do their business.
China to be First Cashless Society with Digital Yuan Launch in 2022, SCMP Report
China is poised to become the world’s first cashless society should roll out its Digital Yuan DCEP before it hosts the 2022 Winter Olympics according to the SCMP
Tron's Justin Sun Hopes USDD to Become First Stablecoin in “EthereumPOW ecosystem”
H.E. Justin Sun, Founder of TRON and investor of Poloniex, a global cryptocurrency exchange, hopes that USDD the stablecoin would become the first one in the “EthereumPOW ecosystem” after the completion of the Merge. However, Sun reiterated that he supports the fork with the strongest community consensus and the largest hashrate instead of supporting one specific fork.
Ethereum—The Whole Forking History
Ethereum is the second most recognizable name in the cryptocurrency and blockchain space, next to Bitcoin. Ethereum was created to overcome the limitations of Bitcoin, which is essentially just a system for decentralized money, and push the boundaries of blockchain technology and decentralization. Like Bitcoin, it is supported by a peer-to-peer node network, meaning that it is essentially a decentralized server run by a vast number of computers with no central administrator or intermediary.
Comdex Accomplishes Over $10M Trades via Commit Blockchain
Comdex, a commodity trading platform that is powered by the Commit blockchain, has facilitated trades valued at more than $10M
Countdown to the Blockchain Fest Singapore 2023
The Premier Event for the Blockchain Industry in Singapore
IBM Blockchain in Action: What are the Benefits?
In first and second parts of our interview with Alan Lim, the Program Director of IBM Blockchain Lab in the Asia Pacific, we explored the idea of data standards to improve the supply chain industry, as well as the IBM Food Trust, a food provenance network that allows food products to be traced and tracked. Digging deeper into IBM Blockchain, what else has the company been working on?
Dubai-Based Property Developer Introduces Bitcoin Payment for Home Buyers
Ellington Properties, a Dubai-based developer, has chosen Bitcoin Suisse (BTCS) as its ideal crypto brokerage provider to facilitate Bitcoin payment for its international customers.
Switzerland Begins Consultation Before Finalizing its Proposed Blockchain Law Amendments
Switzerland announced it has initiated a consultation process ahead of its plans to effect amendments in its extant laws to accommodate blockchain technology
HKEX Executive Director, Chief Executive: The LSEG-HKEX Merger Proposal in Context
HKEX formally announced today its intention to merge with London Stock Exchange Group.
Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers
Blockchain-powered driving licenses were made available as an option in South Korea in May.
Chiliz (CHZ) Surges 15% Amid 2022 World Cup Tournament, Mainnet Launch
Chiliz is the latest crypto token on the bullish trend. The token is more than 15% for the last 7 days.
Elrond Network Integrates with Cybersecurity Firm AnChain.AI, Enhancing Compliance And Fraud Prevention
Elrond Network completes its integration with cybersecurity firm AnChain.AI, improving compliance and enhancing fraud detection capabilities across Elrond’s product portfolio.
Director of FinCEN Affirms That Cryptocurrency Industry Is in Line With Agency Regulations
The director of FinCEN (Financial Crimes Enforcement Network) Kenneth. A Blanco believes that the cryptocurrency industry is starting to fall in place with the agency’s regulations on money transmission services.
ChatGPT in Finance: A New Era of Ethical Considerations and Solutions
ChatGPT is revolutionizing the finance sector, bringing innovative applications and ethical challenges. This article explores its uses, the ethical concerns it raises, and potential solutions for a responsible future in finance.
Wintermute-Backed Decentralized Exchange Bebop Expands to Polygon
Following its launch on the Ethereum blockchain in June, Bebop, a decentralized exchange incubated by crypto trading firm Wintermute, has now expanded support to Polygon.
Crypto Gains Significant Exposure as Jim Parsons Debuts on The Simpsons to Introduce the 'Cash of the Future'
The latest episode of The Simpsons featured Jim Parsons, known for his role as Sheldon Cooper in the television show, The Big Bang Theory, as an animated guest star who introduces cryptocurrencies and blockchain to Lisa, one of the characters in The Simpsons.
Web3 Wallets Will Help Onboard Blockchain’s Next Billion Users
A centralized DeFi wallet might allow users to explore the fresh world of DeFi in the open and egalitarian way these apps were designed for but with features that mimic the old ways of doing transactions via a trusted third party.
Chess Grandmaster Garry Kasparov Supports Bitcoin as Tool for Human Rights and Financial Autonomy
Chess Grandmaster and rising human rights advocate, Garry Kasparov, sees cryptocurrencies like Bitcoin and Ethereum as a way to fight tyranny and restore liberal democracies.
Bank of Thailand Tests its Central Bank Digital Currency with Large Businesses Before Official Debut
The Bank of Thailand (BoT), Thai’s central bank, is already utilizing its central bank digital currency (CBDC) for financial transactions with various big businesses. This development ushers in the third development phase of the nation’s CBDC before a public debut.
Colnago Deploys Blockchain-Powered Digital Passport for Seamless Cycling Experience
Colnago, a leading Italian road-racing bicycle manufacturer, has integrated blockchain technology into its new bicycles so that customers can get proof of validity and ownership.
How Blockchain Technology is Transforming Gaming
We are witnessing a remarkable transformation in many industries due to blockchain technology. Among the various sectors being revolutionised, the gaming industry stands out, having captured the interest of an estimated 3.09 billion active video gamers worldwide. The figure has surged by over 1 billion in just seven years, a testament to the growing popularity of gaming.
Terra-Based Anchor Protocol Hits $12b in Total UST Deposits
Anchor Protocol, a lending and borrowing protocol built atop the Terra blockchain network, its total UST stablecoins deposit has hit 12 billion, a show of the massive embrace it is currently receiving from the Terra ecosystem.
Union Bank of Philippines Cooperates with Hex Trust for Promoting Pilot Digital Assets Custody Service
Union Bank of Philippines (UnionBank) announced the bank has paired with Hong Kong-based Hex Trust to pilot digital assets custody service.
Tesla Announces CFO Transition: Vaibhav Taneja to Succeed Zachary Kirkhorn
Tesla appoints Vaibhav Taneja as CFO, succeeding Zachary Kirkhorn, effective August 4, 2023, marking a new phase in leadership.
Bitcoin in Africa: Cryptocurrency and P2P Bitcoin Trade Surge Across the African Continent
Cryptocurrency adoption and peer-to-peer Bitcoin transactions are on the rise across the African continent. There have been significant advances across Africa for crypto adoption in terms of regulation, trade volume and reported cryptocurrency ownership.
PWC Singapore's Venture Hub: A Breeding Ground for Singaporean Unicorns
Following Part 1 of the interview, Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain analyzed the key challenges for startups to become a “Unicorn” in Singapore and shared with us how PwC Singapore’s Venture Hub partners with local regulators and accelerators to foster FinTech innovation in Singapore.
Deutsche Bank Joins JP Morgan’s Blockchain Platform
Germany’s beleaguered banking giant, Deutsche Bank, has joined JP Morgan’s blockchain-based Interbank Information Network (IIN), the Coin Telegraph reports.
Blockchain Startup Contribution Labs Raises $3M through Equity Sale
Contribution Labs, a Web3-focused startup backed by Alchemy, a pioneer in the blockchain developer platform, raised $3 million through an equity sale.
Short Bitcoin Investment Products Saw Record Inflow of $18m Last Week: CoinShares
Data from digital asset management firm Coinshares showed that outflows from cryptocurrency investment products reached $9.2 million last week, with the majority of inflows coming from short investment products.
TOR Network Vulnerability May Have Facilitated Dark Web Bitcoin Theft
According to a cybersecurity researcher, Bitcoin thieves and hackers have controlled more exit relays on the Tor network this year than in the past five, raising serious cybersecurity concerns that experts are looking to fix.
Saudi's $250M Tech Innovation Boost with Hashgraph (HBAR)
The Hashgraph Association and Saudi Arabia's Ministry of Investment have launched a $250M DeepTech Venture Studio in Riyadh, supporting over 500 companies in developing advanced AI, blockchain, and VR solutions.
Bitcoin Purchase Made Possible By Dropbit Through Apple Pay and Google Pay
It is now possible to purchase Bitcoin on Dropbit wallet through Apple Pay or Google Pay. This news was announced in a Medium post by Coin Ninja on November 5. Prior to this announcement, Dropbit was only used to send and receive Bitcoin, which can be done by using just the phone number of the recipient.
Bitstamp acquires a Spanish crypto licence
Bitstamp has been focusing on the European Union market since its launch in 2011. The approval from the Bank of Spain lets Bitstamp's local subsidiary offer digital currency exchange services for fiat currency and electronic wallet custody services to Spanish users. By this fall, the country became home to the third-largest network of Bitcoin and cryptocurrency ATMs after the United States and Canada.
Blockchain-based Distribution Protocol TravelX Raises $10m in Seed Round
TravelX, a company focused on the use of blockchain technology for distribution in the travel industry, has raised $10 million in a seed round led by Borderless Capital.
Oxford City Football Club Partners with CoinCorner to Accept Bitcoin Payment
Oxford City Football Club (OCFC), one of the world's most successful and coveted football clubs, has partnered with Isle of Man-based bitcoin company CoinCorner to offer bitcoin payments.
Crypto Miner Greenridge on a Mission to Raise $22.8M
Crypto miner Greenridge Generation is on a mission to raise up to $22.8 million through an at-the-market offering.
Safeheron Discovers Security Flaw in MPC Wallets
Safeheron has identified a security flaw in MPC wallets when used with Starknet-based apps like dYdX and Fireblocks. The flaw allows attackers to bypass the security protection of private keys in MPC wallets, potentially leading to unauthorized transactions.
CMCC Global's Titan Fund Secures $100M for Asian Blockchain Ventures
Hong Kong-based CMCC Global has raised $100 million for its Titan Fund, targeting early-stage blockchain start-ups primarily in Asia. The fund's first round saw participation from over 30 investors and comes amid a 70.9% YoY decline in global crypto venture capital investments.
The Collapse of the Cryptocurrency Market Triggers Discussions among Legislators
Bitcoin plummeted by more than 30% yesterday and the huge volatility caused the panic of selling in the entire cryptocurrency market. This caused the U.S. regulators and legislators may be re-examining crypto-asset legislation.
Dell Uses VMware’s Blockchain Solutions to Track Recycled Packaging Materials
Waste management is one of the main challenges after global warming, which affects the natural environment. Dell is committed to developing solutions to enable better waste management. Recently, Dell partners with VMware to track recycled packaging materials using blockchain.
Venom To Launch A Blockchain Hub With Kenyan Government
Venom Foundation has announced a strategic partnership with the Government of Kenya to establish a “blockchain hub” in Africa, focusing on the development of Web3 and blockchain technology applications. This collaboration aims to drive innovation in key sectors such as financial infrastructure, supply chain, agriculture, SMEs, and cross-border trade, benefiting Kenya and the entire African continent.
Tata Motors Seeks Blockchain-Enabled Automotive Solutions via TACNet 2.0
Tata Motors seeks to get blockchain-based solutions through a program deemed TACNet 2.0.
California Spearheads AI Ethics and Safety with Senate Bills 892 and 893
California takes a pioneering role in AI regulation with Senate Bills 892 and 893, aiming to ensure AI safety, ethics, and public benefits.
Binance Raises $500m Crypto Fund to Enhance Blockchain & Web3 Adoption
Binance has raised $500 million funds to invest in projects that propel crypto use cases and aid the adoption of blockchain and Web3 technologies.
Swiss data and analytics service Nuant prepares for the Q4 launch of the first unified platform for digital asset data, analytics & portfolio intelligence
Swiss-based digital asset data and analytics Fintech, Nuant, is launching a platform that solves a critical industry-wide portfolio management problem for institutional funds invested in digital assets: namely data fragmentation from exchange accounts, on-chain wallets, custodial wallets, on-chain data and market data by providing a single unified hub to manage, monitor and make accurate data-driven investment decisions for digital asset portfolios. For the first time, funds will now have access to accurate on-chain and market data, metrics, analytics and compliance tools for all current holdings as well as potential new assets into a portfolio, in one place, in real-time.
Band Protocol (BAND) and Chainlink (LINK) DeFi Tokens Outperform Bitcoin by Gaining 100%
With the recent boom of the decentralized finance (DeFi) industry, DeFi tokens have undergone more than a 100% gain on the crypto market over the past few weeks, outperforming Bitcoin.
OpenAI Files Trademark Application for GPT-5
OpenAI, a leading artificial intelligence research lab, has filed a new trademark application for "GPT-5." The information was revealed by Josh Gerben, a prominent trademark attorney, through a tweet on July 31, 2023.
Public Chain WormholesChain Receives $10m in Seed Funding
Multi-dimensional public chain WormholesChain said it has completed a $10 million seed round led by Mandra Capital and Timing Capital.
R3's Marco Polo Network Welcomes First Indian Corporate as Asia Serves as a Key Area of Growth
The Marco Polo Network announced on Thursday that India’s leading provider of digital transformation, Tech Mahindra became the first corporate in India to join the R3’s open-source blockchain-based Marco Polo Network for facilitating cross-border transactions.
Freewallet.Org Features for Crypto Newbies and Skilled Users
Freewallet is a fintech company that has been a part of the crypto scene since 2016. It provides 3M users with apps for mobile devices and a web version of a wallet for 100+ cryptocurrencies. There are also standalone wallets for 30+ coins, such as BTC, ETH, XMR and more. The company produces simple and cost-effective payment tools with the aim of making crypto more available to everyone.
Solana NFTs Go Live on OpenSea
Top non-fungible token (NFT) marketplace OpenSea's long-anticipated integration with Solana has finally gone live.
Mercedes-Benz and Volkswagen Unveil Cutting-Edge Voice Assistants at CES 2024
Mercedes-Benz and Volkswagen showcase advanced voice assistant technology at CES 2024, including Mercedes' 'Dialogue Partner' and Volkswagen's ChatGPT integration, enhancing user experience and safety in vehicles with AI-driven innovations.
Bored Ape Yacht Club Enters the Movie Scene, Pairing with Coinbase
Seen as the face of the non-fungible token (NFT) market, the Bored Ape Yacht Club (BAYC) has entered the silver screen based on a series of animated short films called “The Degen Trilogy.”
VanEck's Ambitious Move: A Spot Bitcoin ETF with a "HODL" Ticker
VanEck submits a fifth amended application for a spot Bitcoin ETF under the "HODL" ticker, aiming for SEC approval and significant market impact.
World's First National Digital Currency to Be Built on Algorand
World’s First National Digital Currency to Be Built on Algorand
Indian FM says Crypto Taxation is "Sovereign Right"
India's Finance Minister Nirmala Sitharaman came out guns blazing to clarify that cryptocurrency taxation is a "sovereign right" and a "corrective action".
China Central Bank Releases Digital CNY Smart Contract Prepaid Fund Management Product
In China, the Digital Currency Research Institute of the People's Bank of China has launched a digital renminbi smart contract prepaid fund management product - "Yuanguanjia".
OKX Ventures Fuels Moonbox's AI and Web3 Ambitions with $1M Investment
OKX Ventures invests $1M in AI and Web3 startup Moonbox, aiming to boost development of AI-powered NFTs. The funding will accelerate product growth and promote the integration of AI and Web3.
Schwab Q3 Survey: 44% Bullish on U.S. Stock Market and 66% See AI as a Significant Market Impact
The Charles Schwab Trader Sentiment Survey for Q3 indicates a shift in investor sentiment towards optimism, with 44% of traders optimistic about the U.S. stock market, despite concerns about recession, Federal Reserve interest rate hikes, political instability, inflation, and market corrections. Older traders are more optimistic.
WonderFi to Acquire Canadian Crypto Exchange Parent Firm First Ledger with $206M
WonderFi, a Vancouver-based and Canadian politician Kevin O’Leary-backed firm, announced the acquisition of First Ledger Corp., the parent company of Canadian cryptocurrency exchange Bitbuy with $206 million.
Samsung Facilitates Blockchain Use on Galaxy Devices
Samsung issued an official announcement to inform users that they will now be able to manage and trade cryptocurrencies from third-party wallets directly on Samsung Galaxy smartphones.
US Prosecutors Unseal Indictment of $20 Million Dollar Cryptocurrency Ponzi Scheme
US prosecutors have recently indicted a group of investment scammers who have orchestrated a cryptocurrency mining fraud following a Ponzi scheme protocol.
Blockchain Technology and the Gig Economy Will Propel Better Work Choices with more Flexibility
According to a report commissioned by Appjobs and Vinter, blockchain technology and the gig economy’s growth will reshape how people live and work in the future.
Matrixport: Jihan Wu's Spin Off Start-up Meeting Demand for Cryptocurrency Services Beyond Bitmain's Mining Ecosystem
Cynthia Wu is the Head of Business Development and Sales at Matrixport where she is also focused on building business for Cactus Custody and managing Matrixport’s key investor relations. In this first part of our exclusive interview, Wu shares her insights with Blockchain.News on the state of the Bitcoin mining, the surge in Bitcoin’s Hashrate and the potential impact that the coming Bitcoin halving will have on Bitcoin miners.
Thailand’s Bank of Ayudhya Unveils Blockchain-Based Platform for Cross-Border Funds Transfers
Smart contracts and blockchain play more of a key role in the economic and social growth of modern society. For example, Thailand’s Bank of Ayudhya demonstrates how the use of blockchain technology leverages cross-border funds transfers.
Bitcoin May Continue to Face Headwind after Plunging to $53,500
Bitcoin plummeted to as low as $53.5K on May 11. However, the lowest concentration of Bitcoin whales is around $52K, which means that this may be the current floor price of Bitcoin.
Crypto.com Joins Hands with Xfers to Enhance Cryptocurrency Adoption in Singapore
At the ongoing Singapore Fintech Festival, Crypto.com has revealed its collaboration with Xfers, a Singapore-based payment processing portal. By December 2019, the partnership seeks to permit Crypto.com users to purchase and sell crypto, such as Ripple, Ethereum and Litcoin, among others in SGD.
Seven Key Takeaways You Need to Know About Central Bank Digital Currencies
Why are Central Bank Digital Currencies (CBDCs) important? Do we really need them? What are the implications? How will they be designed? Here are seven key takeaways you need to know.
Pakistan Eyes Educating 1 Million Youths on Crypto and Web3
To expand the knowledge base of 1 million youths on blockchain-based technologies, crypto and web3, the Pakistan administration has partnered with Fasset and JazzCash through the Prime Minister’s Youth Program (PMYP).
AI and Competition Policy: Insights from the White House Meeting
The White House meeting on competition policy and AI highlighted concerns about market concentration in critical AI components and its impact on small businesses. The discussion emphasized the need for fair competition and scrutinizing industry behaviors. The Biden-Harris Administration is committed to promoting competition and supporting small businesses in AI development.
Twitter CEO Jack Dorsey Says Coinbase CEO's Apolitical Stance "Leaves People Behind"
Following the move by Coinbase to offer severance packages to staff who disagree with the ‘apolitical’ stance of the firm, Twitter’s CEO Jack Dorsey has slammed the move.
Steamboat Willie Enters Public Domain, Inspires NFT and Meme Coin Craze
The public domain's "Steamboat Willie" Mickey Mouse version has sparked the creation of popular NFTs and meme coins, marking a new era in digital art and copyright freedom.
Crypto Bank BVNK Secures Operational License from the Bank of Spain
London-based digital currency banking service provider, BVNK has announced it is now a licensed Virtual Assets Service Provider (VASP) with the Bank of Spain
Marathon Digital Shares Filing Details of its Purchased Miners and Cost
American Bitcoin mining firm Marathon Digital disclosed that it has ordered a total of 78,000 Antminer S19 XP from Bitmain Technologies in a bid to advance its position as a leading miner in the space.
Why Vitalik Buterin Proposed 33% Increase in Gas Limit for Ethereum
Ethereum's Vitalik Buterin proposes a 33% increase in the gas limit to improve network throughput. This first change in three years aims to balance efficiency and stability, addressing scalability.
Indian State Eyes Blockchain Technology to Facilitate Remote Voting
The government of Telangana, a southern Indian state, is moving forward with its objective of making the voting process seamless and trustworthy with the help of blockchain technology.
StartmeupHK Festival 2022: A week-long showcase of Hong Kong’s dynamic and thriving startup ecosystem
(Hong Kong, 9 August 2022 The annual StartmeupHK Festival return s in a hybrid format on 5 10 September following last year’s success Curated
SandStorm Launches On-Demand Metaverse Builds with 5 Virtual World Partners
The largest metaverse builder community SandStorm has launched its self-serve build proposals, making it easier for brands to hire on-demand builders. SandStorm is a builder marketplace that currently spans 5 virtual worlds and eventually plans to expand across the entire open metaverse.
Algorand Partners with Italian Economic Ministry to Advance Blockchain Initiatives
The Algorand Foundation of Singapore has signed a collaboration agreement with Fondazione Ugo Bordoni aimed at testing and advancing the groundbreaking open-source technology developed by its founder Silvio Micali.
GRNGrid secures 50 million USD investment Commitment from GEM Digital
The GRN Association announced today that it has secured an investment totaling $50M for the GRNGrid project from GEM Digital Limited, a venture capital focused on digital currencies.
Goldman Sachs Applies for a DeFi and Blockchain ETF to Optimize Investment Results
Banking giant Goldman Sachs applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission intended to maximize investment results based on the performance of the Solactive DeFi and Blockchain index.
ConsenSys Acquires US Brokerage Firm to Tokenize Outdated Municipal Bonds Market
ConsenSys has made a major acquisition of a U.S brokerage Firm to put traditional municipal bonds on the blockchain.
MahaDAO Shares Details of Staking Program That Delivers 40% APY
MahaDAO, the crypto collateralization and valuecoin minting protocol, is to launch a staking program for its native governance token. Holders of MAHA, which was issued to the community in an Initial DEX Offering (IDO) last week, will be able to stake their assets for a 90-day period and earn a yield of close to 40%.
Uniswap Sets New All-Time High Ahead of Coinbase Public Listing
Coinbase’s public debut this week has drawn numerous investors' attention to DeFi tokens and served to push altcoins higher.
Binance Adds DOGE, XRP, SOL to FDUSD with Zero Maker Fees
Binance introduces five new trading pairs, including DOGE/FDUSD and SOL/FDUSD, and offers zero maker fees on FDUSD pairs until further notice, potentially increasing liquidity and trading volumes, with TRY as part of TOMO/TRY and UNFI/TRY pairs.
Find the Way to Solve Liquidity Problems at The Conference. Exchanges
One of the most important parameters for any asset is its liquidity. After all, if you can’t realize the asset - it’s virtually worthless. And despite all the effort, cryptocurrency today cannot compete with fiat money in terms of liquidity.
Bangkok to Host NEXT BLOCK ASIA 2.0 “Affiliate Marketing in the Age of Crypto” This December
NEXT BLOCK ASIA returns to Bangkok for another landmark Crypto and Affiliate industry event on December 3, 2019.
Meta Introduces Purple Llama: Enhancing Generative AI Safety and Security
Meta's Purple Llama project enhances generative AI safety and security through CyberSec Eval and Llama Guard, collaborating with major tech entities for responsible AI development.
Former TikTok Gaming Head Launches Blockchain Gaming Startup Meta0
Jason Fung, the former head of short video giant TikTok’s gaming division, launched a blockchain gaming startup called Meta0 as CEO and has completed its first round of financing.
Unchained Partners with Build Asset Management for Bitcoin-Backed Credit Fund
Unchained, a bitcoin financial service provider, has partnered with Build Asset Management to invest in Unchained loans. The partnership aims to unlock the value of bitcoin for borrowers. Unchained's lending division has a 170% surge in Q1-2023, despite the 2022 crypto market contagion and bitcoin's 65% value drop.
Blockchain Startup 5ire Secures $100m in Series A Funding
Fifth-generation blockchain ecosystem 5ire from India has secured $100 million in Series A funding from UK conglomerates Sram and Mram.
Simplify Asset Management Files Application of the "MAXI" Bitcoin ETF
According to filings with the U.S. Securities and Exchange Commission (SEC), a Registered Investment Adviser Simplify Asset Management filed the application for Simplify Bitcoin Strategy Risk-Managed Income ETF under the ticker symbol MAXI.
OKX Receives Virtual-asset License in Dubai, Stablecoins Trading Goes Live on OKC Chain
Cryptocurrency platform OKX gets Virtual-asset License from Dubai's authority. The exchange also launched stablecoins trading options for their investors.
Visa New Crypto Consulting Services to Promote Mainstream Development of Cryptos
Payment giant Visa said that it will launch a new consulting service focused on the cryptocurrency field to help customers gain a deeper understanding of cryptocurrencies.
Spain Strengthens Crypto Oversight to Settle Tax Debts
Spanish Ministry of Finance is implementing legislative reforms to increase cryptocurrency monitoring, enabling seizure of digital assets for tax debt resolution, aligning with EU regulations.
Global Automotive Blockchain Market Value Expected to Hit $2.23b by 2027
The value of the global automotive blockchain market is expected to hit $2.23 billion by 2027, a study shows.
Binance.US to Establish Office in Portals, the Metaverse Platform on the Solana Blockchain
The US branch of the world-leading Binance exchange, Binance.US, is opening an office in Portals, the Metaverse platform on the Solana blockchain.
Crypto Mining Firm EZ Blockchain Launches Low-Emission Custody Hosting Service
Crypto miner EZ Blockchain will be promoting its low-emission custody all-inclusive hosting service at the Mining Disrupt conference in Miami, July 26-28.
Helium Network to Migrate to Solana Blockchain
Helium will migrate to Solana and install Oracles on March 27.
U.S. Should Align Itself with Digital Assets to Safeguard its Interests, Says Chainalysis Founder
During a Senate hearing, Chainalysis founder Jonathan Levin opined that the U.S. ought to prioritize and invest in digital assets to get the upper hand when enhancing financial transparency, public safety, and national security.
What is InferKit AI?
InferKit AI is an advanced artificial intelligence (AI) technology designed to generate human-like text based on the input provided.
May 6: You Snooze You May Not Lose
$9,000 continues to pin Bitcoin down, leaving it to trade in a narrow $300 range for the past 48 hours. Eethereum also rather lackluster, having traded poorly relative to BTC in the last few sessions as halving looms.
Paxful CEO: COVID Economic Measures Add Fuel to Peer-to-Peer Bitcoin Renaissance in India
As the impact of the coronavirus pandemic continues to steer Central banks and monetary policy into new and creative directions, the market outlook has been drastically altered to view alternative assets such as Bitcoin as legitimate safe haven assets. Recent developments with the Reserve Bank of India lifting its crypto ban has also triggered a wave of cryptocurrency buying in the emerging economic superpower, and Paxful has been right at its centre.
Billionaire John Paulson Describes Crypto as “Worthless Bubble”, Will Eventually Crash to Zero
Legendary Billionaire investor, John Paulson, has trashed cryptocurrency. Paulson now calls cryptocurrencies a bubble that will eventually prove to be worthless. He instead recommends gold as a safe haven asset.
Bitcoin Price Breaks $10,000 Flirting with High Resistance of Supply – Understanding the Stock to Flow Model
Bitcoin has taken off this week, moving to $10,000 and firing up the market in euphoria. With only one week from halving, The Bitcoin price has now deleted all its coronavirus crash losses, up practically 40% since January 1st—and putting it on target to be one of the year's best performing resources.
Bitcoin Hit Lows of $42K, following the Liquidation of $2.2B in 12 Hours
Over the weekend, Bitcoin (BTC) plunged to lows of $42,000 based on massive liquidations. Variant Omicron strain and overleveraged market were attributed to this round of chain liquidations.
Suzhou Next City in China to Test Digital Yuan DCEP in Red Envelope Event
China’s central bank is scheduled to test its digital yuan dubbed the Digital Currency Electronic Payment (DCEP) in a second red packet lottery event in Suzhou on December 12.
Myanmar says Cryptocurrencies are Banned, but Local Users Disagree
Even though the Myanmar government said earlier this month that Bitcoin and other cryptocurrencies are not legal tenders in the country, fanatics continue to interact with the technology.
Brexit Border Issues Solved by Blockchain? The EU Has Doubts
ELAND, a consortium of border security professionals, IoT experts, and haulage industry professionals, have come together with a plan to use blockchain technology to track cross-border trade after the United Kingdom leaves the European Union.
Upbit Announces Next LUNA2 Airdrop for LUNC Holders
Upbit, a Singapore-based cryptocurrency exchange, plans to launch a LUNA2 airdrop targeting LUNC holders, marking a significant milestone in the rebranding process. The airdrop will be distributed staggered over 24 months, with LUNC holders receiving an extra 30% of the initial airdrop.
Exclusive: LabCFTC's Melissa Netram Talks Advancing Policy and Regulation in FinTech and Blockchain Through Times of Crisis
The United States Commodity Futures Trading Commission (CFTC) established LabCFTC as an initiative under the General Counsel’s office in 2017 aimed at promoting FinTech innovation and competition. The office has been very active with over 400 different private meetings held with innovators in the last three years. In addition, LabCFTC has published three primers in the marketplace based on their understanding of smart contracts, artificial intelligence, and crypto-assets.
Australia Announces 'Token Swap' Campaign to Accelerate Crypto Regulation
Australian federal government will implement a “token mapping” exercise to inform future regulation of the country’s crypto assets, laying the groundwork for “determining how crypto assets and related services should be regulated.”
Blockchain Can Improve Climate Crisis through Smart Contracts, Study Shows
Climate change is considered a desperate issue in modern times. Blockchain technology is believed to act as a stepping stone towards addressing economic complexities and interoperability when transiting to renewable energy, study shows.
Russian Finance Ministry Compromises, Willing to Take Crypto Suggestions from Central Bank
Russia's finance ministry has said that it is willing to take suggestions on cryptocurrencies from the country's central bank but they should not clash with their approach.
Fantom Foundation Lowers Staking Threshold to 50,000 FTM
Fantom Foundation has reduced its validator staking requirement from 500,000 FTM to 50,000 FTM, aiming to boost network security and accessibility, following a June 2023 governance vote.
New Democrat Coalition Launches First-Ever Artificial Intelligence Working Group
The AI Working Group aims to explore AI's diverse uses, assess benefits and challenges, and position the U.S. as a leader in AI safety and innovation.
Abra's CEO Confirms 50% of His Investment Portfolio is Now in Bitcoin
Abra's CEO Bill Barhydt has revealed that approximately 50% of his investment portfolio is now in Bitcoin (BTC).
'Small Number' of Crypto Firms Gain Temporary License from FCA
A "small number" of cryptocurrency companies in Britain have received an extension of temporary licences ahead of the April 1 deadline from the country's financial watchdog.
G7 Inks New Taxation Deal, What is in it for Crypto Firms?
G7 has entered a new Tax arrangement that may impact crypto companies operating globally.
Cardano's Goguen Rollout Could Directly Compete with Ethereum with its New Smart Contract Implementation
Cardano’s Goguen era, which marks the next period after Shelley, will be the era of implementing smart contracts and enabling decentralized applications (Dapps) on the network. The Goguen era is Cardano’s third development phase, which is expected to start in the third quarter of 2020 with the release of its testnet.
Federal Reserve Digital Dollar DLT Testing Underway But CBDC Monetary Policy Lags
Federal Reserve Board Governor Lael Brainaird announced that the United States Federal Reserve is currently experimenting with blockchain and DLT in pursuit of its central bank digital currency (CBDC) or digital dollar.
How Do I Sell Dogecoin on Cryptocurrency Exchanges
Recently, a large number of cryptocurrencies have experienced a price plunge, including Dogecoin. If your purpose for being here is to answer how do I sell Dogecoin, it is expected.
Metacade Presale Hits Final Stage Before Listings, Raising Over $500k in under 24 hours
Metacade, fast becoming the most exciting GameFi project in 2023, has reached the final stage of its token presale after raising more than $500k in 24 hours, reaching a total raise of $12.4m.
The Dapp of 2019? How MakerDAO Took Charge of the DeFi Field
The MakerDao project is the contemporary success story for decentralized finance (DeFi). DappRadar has tagged Maker as the most influential Dapp of the year and the driving force behind the entire DeFi ecosystem.
Celsius Gets Green Light from Bankruptcy Judge for Bidding Plans
Celsius Network has received an ok sign from a federal bankruptcy judge for bidding procedure plans. The next step will include setting up a schedule in motion which could see the platform's assets sold by the end of the year.
Bitcoin Miners Have Transformed to Holders and Buyers Since 2020
Bitcoin miners have emerged as notable holders and buyers in the crypto space, which signifies a behavioral change.
What Is Web 4.0?
Web 4.0 is an innovative concept outlined by the European Commission, designed to compete with the rapidly emerging trend of Web 3.0, which is gaining significant momentum in countries or regions such as the USA, Mainland China, Hong Kong, and Singapore.
Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare
Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.
Bitcoin Users Have Bigger Problems Than Recent Twitter Scam
The recent spate of Twitter scams appears to indicate that Bitcoin users will face even more sophisticated and devastating attacks in the future.
HashKey Group Secures $100 Million in Series A Funding
HashKey Group raised $100 million in a Series A financing round, reaching a pre-money valuation of $1.2 billion. The Hong Kong-based company plans to use the funds to enhance its Web3 ecosystem and expand its Hong Kong business.
UK Financial Regulator Reveals: 1.9 Million British Adults Own Cryptocurrencies
The Financial Conduct Authority (FCA) in the UK reported that 1.9 million adults own cryptocurrencies, representing 3.86% of the general population. The regulator also noted that 75% of them hold crypto worth less than £1,000, approximately $1,230.
Business of Design Week 2020 Summit Concludes First Hybrid Live Edition Captures Trends Redefined by World’s Top Creative Minds for the Post-pandemic Era
Business of Design Week (BODW), Asia’s annual flagship event on design, innovation and brands held its 2020 edition from 30 November to 5 December.
Lionel Messi Becomes Sorare’s Brand Ambassador and Investor
Lionel Messi, a football star who has bagged seven Ballon d’Or Awards, has joined hands with Sorare to be its brand ambassador and investor.
Standard Chartered Enters The Sandbox Metaverse
Banking giant Standard Chartered has entered the metaverse with The Sandbox to build a virtual space for its clients and supporters.
CryptoExchange.com Review - Is it the best Bitcoin Escrow Service?
CryptoExchange.com is an exchange, marketplace, and escrow service built to help facilitate cryptocurrency transactions.
Elliptic Debunks Claims of Substantial Crypto Funding to Hamas
Elliptic, a blockchain analytics firm, refuted claims of significant cryptocurrency funding to Hamas, following a wave of reports and a letter from US lawmakers to the White House. The firm highlighted the lack of substantial evidence supporting the alleged $130 million crypto funding between August 2021 and June 2023. Despite historical endeavors by Hamas to solicit crypto donations, recent analysis reveals that the amounts garnered remain minuscule compared to the figures cited in misinformed reports.
Crypto Miners Allege Chinese Bitcoin Mining Giant Delivered "Defective" Product
Ahead of Bitcoin’s much-awaited halving event on May 12, a group of miners alleged Bitmain’s latest “Antminer” deliveries were defective and led to losses for investors.
ProShares Files for New Metaverse ETF With U.S. SEC
The metaverse is likely going to see an exchange-traded fund from ProShares, according to a Tuesday filing with the U.S. Securities and Exchange Commission, Bloomberg reported.
Blockchain Gaming is Having a market caps increment
The research also found that top gaming token market capitalization rose 122% in January.
ARGOS ID presents the World’s First Travel Rule Solution for Unhosted Wallets
ARGOS ID is delighted to introduce the world’s first Travel Rule solution for crypto wallets. The service brings full coverage on verifying unhosted wallets which virtual asset service providers(VASPs) find challenging in the current stage.
Microsoft Unveils Free Copilot AI App for Android, Featuring GPT-4 and Challenging Paid Alternatives
Microsoft's Copilot AI app for Android, incorporating GPT-4, challenges paid alternatives with advanced text and image capabilities, enhancing the Microsoft ecosystem and preparing for an iOS version.
NEO Joins .NET Foundation as the First Blockchain Member
.NET Core is an open-source and cross-platform version of .NET that is maintained by Microsoft and the .NET community on GitHub and is now joining forces with crypto giants NEO.
Italian Soccer Giant Juventus Embraces Blockchain Technology
In a move widely celebrated by fans, Juventus Football club of Italy enters into a licence agreement with blockchain based fantasy football company, Sorare.
Italian Banking Association Chose Decentralized Blockchain Route
The Italian Banking Association, Associazione Bancaria Italiana (ABI), chose to leverage the blockchain-based system Spunta, as they could not identify an appropriate single actor to run a centralized system.
Exploring the World of Digital Currency Futures Trading
Cryptocurrency futures trading merges digital currencies with futures trading, enhancing transparency, security, and global market access. Blockchain technology revolutionizes commodity markets and agricultural sectors.
Total NFT Sales Hit $25B in 2021
The explosion in popularity of non-fungible tokens (NFTs) topped its sales to some $25 billion in 2021, data from market tracker DappRadar shows.
Siemens Issues World's First Blockchain Bond
Siemens claims that "releasing the bond on a blockchain provides a variety of advantages compared to prior approaches," including removing banks as middlemen.
Perianne Boring: Blockchain Will Be the Foundation of the New Financial System
Perianne Boring is the Founder and President of the Chamber of Digital Commerce—the world's first and largest blockchain trade association. Boring began her career as a legislative analyst in the U.S. House of Representatives, advising on finance, economics, tax and healthcare policy. Prior to forming the Chamber, Boring was a television host and anchor of an international finance program that aired in more than 100 countries to over 650 million viewers.
Fiat Exchange Volumes Down 5 Times in a Row: The Block
Fiat exchange volumes fell for the 5th time in a row as Sept ended. Among crypto exchanges that support fiat, FTX ranked highest in terms of volume in Sept with 24.6%, followed by Coinbase with 22.7 % and Upbit with 13%.
Apple is Looking to Power New iPhone AI Features Via Google's Gemini
Apple Inc. is reportedly negotiating a deal with Google to provide artificial intelligence (AI) support for the iPhone. According to people familiar with the development, Apple and Google are already in talks to have iPhones feature support from Google’s Gemini artificial intelligence engine.
Bitcoin Economy Gives El Salvador Village Hope Amidst COVID-19
Despite being heavily impacted by the COVID-19 pandemic, a small beach town in El Salvador, dubbed El Zonte, have strived to keep their economy afloat with the integration of Bitcoin as a digital currency.
Binance Smart Chain Surpasses Ethereum for Unique Active Wallets and Transaction Volume
The Binance Smart Chain, a platform for building smart contracts, has surpassed the Ethereum network for transaction volume and unique active wallets.
EU Approves Brazilian Crypto Asset Management Firm Hashdex to List ETP Products
Brazil-based global digital asset management company Hashdex announced on September 1 that it has been approved to list its exchange-traded product (ETP) in the European Union.
Tachyum's Prodigy Processors: A Game-Changer for Blockchain in Banking and FinTech
Tachyum, a leading tech company, has recently published a paper titled "Credit Unions, Blockchain, CBDC, FinTech and Tachyum Prodigy", which highlights the potential of Prodigy to revolutionize transactional banking and significantly reduce the environmental and financial costs associated with blockchain's energy consumption.
Permissionless Blockchains fit the Business World's Needs
R3 CTO Richard Brown recently published an interesting article. Among other issues, the story states explicitly permissionless blockchains have probabilistic confirmation of transactions. We want to clarify several parts of this problematic statement by describing how Concordium solves some of the challenges for Permissionless Blockchains.
What is DeepSwap?
DeepSwap is an AI-powered platform for face swapping in videos and photos. It offers tools like AI Video and Photo Generators, with a focus on privacy and safety.
Utrust Joins Hand With Alternative Airlines To Ensure Secure Crypto Payments For Users
Utrust, a blockchain-powered payment technology that enables online businesses to accept cryptos.
Belgian Blockchain-Platform-as-a-Service Company Sets Foot in the Indian Market
The Indian blockchain sector is ripe for investment based on the rapid growth witnessed to the tune of at least $20 billion as this technology is being deployed in different industries. As a result, SettleMint, a Belgian blockchain-platform-as-a-service company, has revealed its penetration into the Indian market.
Blockchain Analytics Firm Elliptic Extends Monitoring Solutions to Cover Binance Chain and BNB
Blockchain analytics firm Elliptic recently extended its crypto risk monitoring solutions today by adding the Binance Chain and Binance Coin (BNB).
HKEX Set to Build Digital Trading Platform this Year
The Hong Kong Exchanges and Clearing (HKEX) is set to establish a digital trading platform this year in a pilot version as part of its comprehensive strategy, the bourse announced.
THORChain Pauses Network Amid Reports of Vulnerability
THORChain has temporarily halted trading due to a potential network vulnerability, causing its native token, Rune, to fall 5% in value.
Bitcoin Price Will Hit $20,000 in 2020? Not Even Close Says Peter Schiff
Bitcoin has been having a good year and a very strong price showing since the Black Thursday stock market crash in March.
FinFabrik and Chekk sign MOU to live and breathe KYC into digital assets investment
FinFabrik is pleased to announce that it signed a Memorandum of Understanding (MOU) with Chekk to integrate Chekk’s KYC capabilities to its market infrastructure “CrossPool”, enabling financial institutions in private markets to grow new digital asset businesses powered by distributed technology.
Solana Joins BTC, ETH on Bloomberg Terminal
Solana (SOL) becomes the third cryptocurrency after Bitcoin and Ethereum to be added on Bloomberg terminals.
Blockchain and Beer: World’s Largest Brewer is Assisting Unbanked African Farmers Using Blockchain
Anheuser-Busch InBev (AB InBev), the largest beer company in the world, has created a blockchain-based system in collaboration with BanQu, a blockchain-as-a-service software company, to assist small-scale African farmers to show that they are suppliers of the drinks behemoth.
Bank of Spain Plans to Look at Design Proposals and Economic Implications of a CBDC
Spain’s Central Bank mentioned that it would study the design proposals and economic implications of a CBDC in the country.
British Farmer Attempted £1.4M Bitcoin Extortion from Tesco by Contaminating Baby Food
Nigel Wright, a 45-year-old sheep farmer from Lincolnshire, England, has been accused of trying to extort Bitcoin worth £1.4 million, approximately $1.8 million, from retail giant Tesco. He made this blackmail to reveal the Tesco stores he had planted the contaminated baby food.
US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms
The US Supreme court has limited the amount in punitive fines that the US Securities and Exchange Commission (SEC) can impose on cryptocurrency and blockchain firms, in a historic ruling yesterday.
Federal Reserve Considers a FEDcoin in Wake of Rising Stablecoin and CBDC Development
Federal Reserve Governor, Lael Brainard said that the Fed is weighing the developments and policy issues in the digital payments sector and experimenting with central bank digital currencies (CBDC) in consideration of potentially issuing it own digital currency.
Blockchain and IoT: Transforming Hong Kong into a Smart City
Blockchain and IoT: Transforming Hong Kong into a Smart City
Regulated Stablecoins Likely to Remain in Use by 2030
A panel of digital regulatory experts at the World of Web3 (WOW) Summit in Hong Kong discussed the future of regulated stablecoins. The group concluded that regulated stablecoins are likely to remain in use by 2030 and that their growth rate in the market supports this idea. The panelists acknowledged the growth of the crypto industry and emphasized the importance of both centralized and decentralized approaches to digital assets.
Ethereum Upgrade Raises Concerns as Bitcoin Dominance Continues
Ethereum's Shanghai upgrade has led to concerns among investors, particularly regarding a potential sell-off of tokens unlocked after the upgrade, causing uncertainty in the market. Meanwhile, Bitcoin's dominance rate continues to rise and is currently at the highest level since July 2021.
OpenAI-Backed 1X's $100M Funding Paves Way for Home Robot Revolution
1X, a Norwegian AI startup, recently announced a substantial $100M Series B funding, significantly expanding its financial resources since the OpenAI-led $23.5M Series A. This infusion of capital is set to revolutionize home robotics with the introduction of NEO, 1X's new android designed for domestic tasks.
Want Bitcoin's Price to go up? Bet on People, Not Inflation
We can't predict how the global financial situation will play out, nor how government interventions will affect international financial systems. If all you care about is the price of bitcoin, focus on people, not monetary policy.
Bitcoin Network Transacts a Whopping $8.9 Billion in a Single Hour
The Bitcoin network has reached an unprecedented level in terms of chain volume as it transacted 8.9 billion in one hour. Rafael Schultze-Kraft, Glassnode’s co-founder, ascertained that this movement made history because it was the highest hourly volume of Bitcoin to be recorded in its 11-year existence.
Mastercard Launches Web3 Solution for Crypto Verification
Mastercard has launched a new Web3 solution called "Mastercard Crypto Credential" aimed at enhancing user verification standards in the digital asset space. The solution is designed to provide a unique identifier to users, enabling them to instantly verify that an address they want to send funds to has been vetted by Mastercard and has been operating in compliance with the firm's standards. The solution will support compliance through the exchange of metadata and help reduce the opportunities for bad actors.
SEC to Hire More Investigators to Fight Crypto Frauds
The United States Securities and Exchange Commission (SEC) has planned to expand its special unit which was created for investigating cryptocurrency frauds and other illegal activities, The Wall Street Journal reported.
Can the Bitcoin Price Retake $40,000 after BTC Breaks Key Resistance?
The Bitcoin price saw a bullish breakout above the $35,000 resistance for the first time since Elon Musk sent BTC soaring to $38,000 with his support for the crypto last week.
Binance China and Xinyuan Group to Expand Blockchain Utility in Global Real Estate
Binance China Blockchain Institute, the research arm of global exchange Binance has formed a strategic partnership with Xinyuan Group to further the application of blockchain technology in the global real estate industry—including New York.
Allied Market Research: Blockchain Identity Management Will be a $11.46 Billion Market by 2026
Allied Market Research, a US-based research and advisory company, has reported that the worldwide blockchain identity management sector will escalate to $11.46 billion by 2026 from $107 million recorded in 2018. This will represent a compound annual growth rate (CAGR) of 79.2% because blockchain is touted to offer an immutable, interoperable, and unified infrastructure needed in the storage of digital identities.
Klaytn Adds Huobi to Growing Blockchain Governance Council
Klaytn has announced that Huobi has signed on as the latest member of its Governance Council for South Korean internet giant Kakao’s public blockchain project.
Total Value Locked in Ethereum 2.0 Deposit Contract Reaches a New All-Time High of $6.5 Billion
The total value locked in Ethereum 2.0 has hit a new all-time high, showing the trust in the network's future amid high gas fees.
Around 1.6 Million Users Now on Robinhood's Crypto Wallet Waitlist
Robinhood Markets announced that 1.6 million people are on the waitlist for its cryptocurrency wallet; the figure is up from 1 million just a few weeks ago.
FTX Denies Rumours of Merging between Alameda Research and FTX VC
Sam Bankman-Fried, founder and CEO of cryptocurrency exchange FTX, has denied reports that his two companies, FTX ventures and Alameda Research, are merging venture capital operations.
Coinbase Lands in Japan, Pairing with Mitsubishi UFJ Financial Group to Expand Crypto Trading
US cryptocurrency exchange Coinbase announced partnered with Japan's largest bank Mitsubishi UFJ Financial Group (MUFG), to expand cryptocurrency trading in Japan.
Jennifer Robertson to Pay $12 Million CAD in Quadrigacx Settlement
The death of Gerald Cotten, founder of Quadrigacx, a once reputable cryptocurrency exchange in Canada took the world by surprise. More surprising is the position taken by his widow, Jennifer Robertson, who will liquidate personal assets to cover customers' losses.
Bank of America Announces Blockchain Job Openings
Bank of America the second-largest bank in the United States recently announced various blockchain job openings. This shows its intention to considerably adopt blockchain technology.
OPEC Workshop Will Focus on Blockchain Integration with Oil Supply Chains
The OPEC Member Countries have revealed that its forthcoming videoconference workshop will feature blockchain integration with supply chains.
Making Sense of the Cryptocurrency Market as a Beginner
The cryptocurrency industry can be a daunting place for beginners. Given the breakneck pace of development, sheer number of cryptocurrencies, and staggering wealth of information available, it’s not easy to keep up.
South Korea Crypto Sector Face Headwind over Stricter Legal Regulations Challenges ahead
Crypto sectors and retail investors face a tough time as the finical regulators in South Korea are about implementing tougher and stricter administrative measurements to supervise the crypto industry.
OpenAI Expands Global Reach with Media Partnerships in France and Spain
OpenAI announces strategic partnerships with Le Monde and Prisa Media, bolstering AI-driven content delivery in French and Spanish-language media.
Five Ways Blockchain Technology is Transforming the Automotive Industry
Blockchain, as a secure and unique sort of encryption, has the potential to be one among the critical technologies that make it possible for the automotive industry to breakthrough into the new era of smart vehicles.
Japan to Introduce Corporate-friendly Crypto Tax Law in 2023
The Japanese government proposes a new crypto tax law that will be introduced in 2023 for companies.
Here's Why Harvey's $80M Funding is a Game Changer in Legal AI
Harvey raised $715 million in a $80 million Series B funding round, showcasing its advanced AI-powered workflow optimization technology.
DeSo is Elon Musk and Jack Dorsey’s Answer for Decentralized Social Blockchain
The DeSo Foundation announces the release of their ambitious roadmap to decentralize social media and build The Social Layer of Web3. Milestones on the roadmap will be executed over the next 2 quarters to solve the major problem with social media today.
Ethereum (ETH) Price Analysis - March 25, 2021
Stratis, a company based in London that provides blockchain-as-a-service (BaaS) to eliminate the complexities associated with launching a decentralized chain, announced that it was now interoperable with Ethereum. Meanwhile, how is Ether performing on the market?
Is Blockchain the New Frontier for Human Sexuality?
To paraphrase Sinatra's classic song, sex and technology go together like a horse and carriage. This piece examines the possibilities that blockchain technology offers in the realm of human sexuality.
Case against Do Kown is "highly politicized": Terraform Labs
Terraform Labs believes South Korean prosecutors have "highly politicized" the case against founder Do Kown after he was issued with an arrest warrant.
Bankman-Fried's Bail Conditions Extended
Sam Bankman-Fried's legal team requested a third extension on the enforcement of his revised bail conditions, citing difficulties in installing monitoring software on his parents' cell phones. The software is meant to capture a photo of the user "every five minutes."
Moscow Exchange Drafts Bill to Offer Digital Financial Assets and Securities Trading
According to local media reports, Russia’s Moscow Stock Exchange (MOEX) is drafting a bill aimed at making digital assets available for trading on the stock exchange as securities and directly as digital financial assets.
What Will Cryptocurrency Speeds Look Like in 2020?
Each year, more people are converted to the benefits of cryptocurrency. Some are spurred to make the change from traditional fiat currency based on the security and safety features that are present in the blockchains. Others are increasingly convinced it's the future of finance by the transaction speed that cryptocurrency offers.
Rollbit Shuts Down Degen EXchange and Rollbot.com Amid Regulatory Concerns
Rollbit has announced the discontinuation of its Degen EXchange and sister site Rollbot.com due to regulatory challenges and low user adoption. However, the company's core product, Rollbit.com, and its $RLB token functionality remain unaffected. The firm also hinted at exciting future releases.
Central Bank Digital Currencies Unmasked by Dr. Alicia Garcia-Herrero at Natixis
Blockchain.News has been delighted to reach out to Garcia-Herrero for her to share some thoughts on central bank digital currencies around the world. Central bank digital currencies (CBDCs) have increasingly sparked interest in recent years. With the notion of China’s central bank, People’s Bank of China (PBoC) announcing its plan to issue its digital currency (DCEP) and Facebook’s Libra stablecoin emergence, the world has been paying more attention to CBDCs.
BitGo Secures MPI License Approval in Singapore
BitGo has received in-principle approval for a Major Payment Institution (MPI) license from Singapore's MAS, allowing it to expand its crypto services in the region. This aligns with Singapore's robust regulatory standards and BitGo's commitment to security in digital asset transactions.
Ex-Coinbase Ventures Lead to Join Core Team at Synapse
Following successful stints at crypto firms Coinbase and Dharma, Max Bronstein has joined DeFi-focused company Synapse.
Chainlink Price Analysis: LINK Struggles to Retest Previous Highs
The Ethereum-based token has seen a steady downward spiral but not low enough to break its $6.79 support level.
Ether Surges Ahead of Bitcoin and Sets the Record for 2020
Ether underwent a 20% surge, and the increase in pricing can be attributed to the rising popularity of DeFi applications and the resulting number of dividends pay-outs.
COINNEWSEXTRA AND GLOBAL POLICY HOUSE TO HOST FIRST UNPRECEDENTED CBDC CONFERENCE IN AFRICA
One of the best gift possessed by humans is the ability to adapt to change. Little did we know that the global COVID-19 pandemic was going to deprive us of our regular mode of living, here we are today with several months of stay at home with many organisations and people pivoting into the digital economy. The immense impact of the COVID-19 pandemic has severely affected the whole world with developments changing frequently. However, digital innovations and technology solutions have been deployed to respond urgently to these changes, This has led to a notable increase in demand for online transactions, resulting in a significant shift from cash to digital payment methods.
CowDAO Pulls $23m in Funding to Power EVM Interoperability
CoWDAO, the Decentralized Autonomous Organization behind the CoW Protocol, has raised the sum of $23 million from a mixture of private investors and the platform’s community members.
Solana NFT Platform Magic Eden Moves To An Optional Royalties Method
Solana-based NFT platform Magic Eden announced on Saturday it's opting for an optional royalties method for its users.
Crypto, Tax, and the IRS: The Good, The Bad, and The Downright Ugly
The IRS wants a piece of your crypto, and the agency is sending letters to thousands of taxpayers who may have failed to declare profits from crypto deals. Question is, is the IRS entitled to what it's asking for?
Hong Kong Startup BEAM+ LAB's Exhibition to Celebrate Launch of CRYPTYQUES NFT
Hong Kong startup BEAM+ LAB is hosting an interactive exhibition at the Haus of Contemporary from 8 to 26 June to celebrate the launch of CRYPTYQUES; NFT collectables based on classic Hong Kong movies.
Prove Anything Announces Strategic Partnership With Ruby Protocol To Bring Forward Private Data Management Framework For Web 3.0
Prove Anything aims to strengthen and reshape the existing consumer market by creating simplified tools for businesses and consumers to enter the web3.0 space with Ruby Protocol Functional Encryption.
Grammy Winner John Legend to Launch Music NFT Platform Called OurSong
12-time Grammy winner John Legend will launch a music NFT platform called OurSong for musicians and entertainers.
Blockchain-Powered Donation Tracking Platform Shanzong Seeks to Propel Transparency Amid Coronavirus Scare
With coronavirus having claimed more than 1,800 lives, capturing vital statistics is fundamental in having it curbed. Shanzong, a blockchain-enabled donation tracking platform, has been established in China to boost efficiency and transparency of giving.
Bitcoin Miner Digihost Under Risk of Delisting from Nasdaq
Crypto miner Digihost is under scrutiny and has been threatened with getting delisted by Nasdaq for trading below $1 for 30 consecutive days.
Russian Banking Giant Sberbank and S7 Airlines to Streamline Air Ticket Purchase with Virtual Tokens
Sberbank, Russia’s biggest bank, and S7 Airlines are set to revamp the sale of air tickets with virtual tokens, smart contracts, and a blockchain platform.
Binance-led Investors to Rescue Victims in Ronin Hack
According to Reuters, the Crypto Exchange Binance said on Wednesday that the "bridge" hacker who was previously called RONIN was rescued for assistance.
Ripple Blockchain Firm to Establish Regional Headquarters in Dubai
Amid the conflict with the SEC over its strict crypto regulatory framework, Ripple has announced that it will set up a regional office in Dubai.
OMG Announces Kaiko to Expand Financial Instruments Global Identifier (FIGI) Standard for Crypto Assets
BOSTON, MA – JANUARY 20, 2021 - Financial Instruments Global Identifier® (FIGI®) is an open standard for the issuance of unique identifiers that can be assigned to financial instruments including common stock, options, derivatives, futures, corporate and government bonds, municipals, currencies, and mortgage products.
Binance Supports Optimism (OP) Network Upgrade and Hard Fork
Binance confirms support for Optimism (OP) network's upgrade and hard fork on January 12, 2024, enhancing Ethereum's Layer 2 scalability and efficiency.
Coinbase Adds Near Protocol to Roadmap with NEAR Token Skyrockets
NEAR Protocol's native token, NEAR, surged after cryptocurrency exchange Coinbase added it to Coinbase's listing roadmap.
Binance Labs to Establish a Web3 Developer Community
On September 9, Binance’s official Twitter announced that its Binance Labs is planning to build a Web3 developer community, but the specific information has not been disclosed.
FTX Japan Launches Blockchain-based Proof of Solvency to Enhance Transparency and Security
FTX Japan has introduced a blockchain-based Proof of Solvency (PoS) to ensure the transparency and security of its customer's assets. The PoS, announced on September 28, 2023, by COO Seth Melamed, enables the objective verification of asset management, allowing customers easy access to verify their balances. The details of PoS will be published weekly on the Ethereum blockchain, marking a significant step towards enhancing trust and transparency in the cryptocurrency ecosystem.
Bitcoin Trading Guide- Important Steps for Beginners
Bitcoin adoption and popularity are growing by the day. And as the price of Bitcoin continues to make significant moves, traders can make more profits and faster. Bitcoin trading mechanics are straightforward.
Bloomberg: Crypto Saw more Funds in 2021 than all Previous Years Combined
More funds have been invested in the cryptocurrency industry in 2021 than in the past 10 years combined, according to Bloomberg.
EIDOS Token Airdrop Causes Congestion Problem in EOS Blockchain Network
Blockchain congestion is a serious issue in the cryptocurrency industry. Several networks suffer from this problem regularly.
IRS Announces New Tax Payment Guidance on Cryptocurrencies
The controversial nature of the acceptance of cryptocurrencies is now more tilted to the positive end where world government now deem it fit to establish guidelines to tax cryptocurrency holders.
Blockchain Solution in Healthcare: Google Secretly Collects Health Data From U.S Patients
Blockchain provides a fourth model that can enable secure sharing of lifetime health data across providers and business partners. The use of blockchain is a potential solution to the case associating Google to have reportedly collected medical data from U.S patients in secret.
Microsoft & EU Based Universities Believe Blockchain Can Achieve Paris Agreement Carbon Goals
With blockchain, industries like the financial services are finding alternative modes of cash transfers, with a gradual switching to cryptocurrencies. The use cases of blockchain technology are steadily transcending digital asset opportunities, as key EU partners now believe the technology could help meet the Paris Agreement Carbon Goals.
Ethereum Tests $2,000 before Retreating for the First Time since May 31
Ether rose 2% to $2,030.50, topping $2,000 for the first time since May 31, as investors are looking forward to the upcoming Merge upgrade of ETH in September with a positive sentiment.
Crypto Payments Operator RocketFuel Grants Approval of VASP License in Denmark
Crypto payments operator RocketFuel has announced that its subsidiary has been granted approval as a Virtual Asset Service Provider (VASP) by the Danish Authority to run a cryptocurrency exchange.
Dubai Prince's Hong Kong Office Warned by US SEC, MTR Listed as Untrustworthy
The Hong Kong office of Sheikh Ali Rashed Ali Saeed Al Maktoum, a member of the ruling family in Dubai, has received a warning from the US Securities and Exchange Commission (SEC) regarding their involvement in cryptocurrencies. Additionally, the Hong Kong subway operator, MTR Corporation, has been listed as an untrustworthy company.
What is Character AI?
Character.AI is an AI chatbot platform offering personalized AI companions. It uses advanced language models, has a free and premium service.
CBDC for Stimulus Payments Advocates Honorary Christopher Giancarlo
During an open hearing by the House Committee On Financial services yesterday, the Honorable Christopher Giancarlo once again advocated for the use of a central bank digital currency (CBDC), effectively digital dollars, as a solution to directly distribute the COVID stimulus packages to citizens.
Circle Plans to Increase Workforce by 15-25%
Circle's $42 billion USDC is the second-largest stablecoin behind Tether's USDT.
Oman Oil & Orpic Group and HSBC Digitize Trade Finance with the Execution of their First Blockchain Trade Transaction
Oman Oil & Orpic Group and HSBC Bank Oman have succeeded in carrying out their first trade transaction via blockchain technology.
Crypto is Becoming the Lifeline for Ordinary Russians, Coinbase CEO Says
Meanwhile, as the war between Russia and Ukraine ravages, Coinbase CEO Brian Armstrong believes that cryptocurrencies are emerging as the lifeline for Russians as the nation faces heavy sanctions.
Sep 08 Trading Analysis: Be Long in the face of adversity...
I'm actually thinking that it could be a great opportunity to start accumulating BTC or ETH at these levels. Check these out:
US SEC Issues Summons to Influencers Promoting HEX, PulseChain, PulseX
The crypto influencers are expected to fully cooperate with the SEC request.
US NIST Initiates AI Safety Consortium to Promote Trustworthy AI Development
The US National Institute of Standards and Technology (NIST) has launched the Artificial Intelligence Safety Institute Consortium to promote safe AI development and responsible use, inviting organizations to collaborate on identifying proven safety techniques by December 4, 2023.
US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada
With the advancement of technology, the importance of oil and gas resources in promoting global social and economic progress is rising.
Taiwan’s Blockchain Startup XREX Completes $17M Pre-A Round Funding
Taiwan’s blockchain startup XREX has completed a pre-A round of financing, led by CDIB Capital Group, with $17 million in total.
China’s CBDC Should Start Replacing Cash But Not Confined to Substitution, says Former Chinese Banker
Former Chinese banker, Wang Yongli suggested that a push for digital currencies to substitute all currencies is needed to support monetary operation reforms.
Ethereum Transfer Demand Increases as Average Gas Fees Hit a 3-Month High
The Ethereum network has been experiencing high demand, as evidenced by an uptick in transfers and average gas fees.
Ethereum-Based Wallet MetaMask Adds Token Swaps to Its Features
MetaMask recently announced a new add-on to its browser which can facilitate decentralized finance (DeFi) transactions for Ethereum-based tokens.
Mysterious $1.17 Million Bitcoin Transfer to Bitcoin Creator Nakamoto Wallet
A recent transaction of 27 BTC to a Satoshi Nakamoto wallet has raised interest in the cryptocurrency community, particularly considering the Genesis Block's 15th anniversary. This event celebrates Bitcoin's history and raises questions about its future and originator.
London-based Micropayment Platform pingNpay to Debut in 2022
London-based micropayment company pingNpay announced Monday to launch its network next year by providing a small amount payment platform to customers, according to its press release,
Mars Hub Launches Independent Cosmos Application Chain
An airdrop on the mainnet will unlock 64.4 million MARS tokens for Terra Classic holders who held them throughout the two historical snapshots. Osmosis blockchain will launch the first Mars outpost in early 2023.
‘The SEC Has to Give its Decision: Yes or No’ to Bitcoin ETF Approval, says Bitwise
The Securities and Exchange Commission (SEC) previously set an Oct. 13 deadline for approving Bitwise Investments’ Bitcoin exchange-traded fund (ETF). With Bitcoin’s high volatility this year, its performance in 2019 remained bullish, although falling by over 20% in one week in September. Bitcoin reached its lowest level in July while hitting its high of over $11,000 in June 2019.
Oxford Study Reveals "Prospective Configuration" - A Novel Brain Learning Principle Surpassing AI
Oxford University and the MRC Brain Network Dynamics Unit have discovered a new principle of brain learning called "prospective configuration," suggesting the human brain has a superior learning mechanism compared to AI systems. Future research aims to develop learning algorithms.
Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services
Australian Liberal Senator Andrew Bragg has expressed optimism on the potential of blockchain technology to help ‘Rebuild Confidence’ in the financial services sector
EU Policymakers Vote for Blockchain Use to Fight Tax Evasion, Crypto Asset Non-Taxation
The European Parliament has voted in favour of leveraging blockchain technology for tax compliance, with a majority of 566 out of 620 members backing the motion.
Samsung to Expose Its Well-Crafted Blockchain Strategy In Annual Developers Conference
The electronics giant Samsung, according to a press release on September 2, has revealed its intentions to present it's blockchain-based corporate strategy next month at the annual Samsung Developer Conference 2019 in San Josè, California.
PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry
PayPal may be looking to penetrate the market further following its recent crypto payments announcement, rumors indicate the firm may buy digital asset custodian BitGo.
Vanity Rolls Out Solution Enabling Crypto Users to Customize their Wallets
For a more personalized experience in the crypto space, Vanity Global has developed a blockchain-based technology that generates a custom prefix of not more than 11 leading characters for any crypto wallet.
WeSleep Unveils its 'Sleepie' NFTs
Web3 app WeSleep has launched with the promise of daily rewards for users who pursue a healthy and active lifestyle. Dubbed a sleep-to-earn app, WeSleep utilizes clever tokenomics to incentivize positive behaviors.
What Solutions Can Blockchain Bring in Response to the Deadly Coronavirus Outbreak?
The coronavirus death toll hit a daily high, as China confirms 3694 cases, a slightly lower number than the day earlier. 28,261 cases of infection have been reported worldwide with 565 deaths, mostly in Hubei province in China. How can blockchain be utilized to tackle this problem?
Omega Secures $6M in Funding to Revolutionize Bitcoin and DeFi Ecosystem
Omega announces a $6M funding round to launch its decentralized infrastructure, aiming to redefine omnichain and Bitcoin DeFi without relying on traditional bridges or L2 solutions.
Microsoft and AFL-CIO Forge Partnership to Navigate AI's Impact on the Workforce
Microsoft and AFL-CIO's partnership marks a significant step in integrating AI into the workforce, focusing on worker education, labor rights, policy influence, and ensuring AI meets workers' needs.
What Are NFTs? Learning How To Create And Sell NFTs
What is an NFT and how to create NFT artwork? Learn about NFT-artwork and how to turn artwork into NFT with 8biticon!
NYC Mayor to Receive 1st Paycheck in Crypto Converted via Coinbase
New York City's new mayor Eric Adams said that his first paycheck will be converted into Bitcoin and Ethereum via Coinbase Global.
Planet IX is Creating a New Framework for Esports by Implementing On-Chain Gaming
Planet IX, the biggest P&E & NFT project on Polygon, has entered into a strategic merger with a disruptive 3D art & gaming studio - ArcadeNFT. As part of the collaboration, Planet IX will be able to incorporate a much sought-after smart contract developed by ArcadeNFT.
Current Crypto Sector in Dire Need of Professional Education, Asserts Ripple Executive
Ken Weber, the social impact head at ripple, has noted that the current crypto sector needs professional education and his gap can be bridged by universities if they are more specific on the blockchain or crypto courses they offer.
VanEck Makes the Case for Institutional Bitcoin Investment
VanEck has outlined the case for institutional Bitcoin (BTC) investment in a report published on Jan. 29. According to the investment management firm, even a small amount of BTC allocation could improve a portfolio's upside.
Banxa | AAX Launch new Partnership
Banxa, the leading global on-and-off ramp solution for Web3, is pleased to announce a new partnership with AAX, the institutional-grade cryptocurrency exchange. Customers can now purchase crypto with fiat and vice versa with AAX using Banxa.
Lattice Capital Injects $60M Venture Fund II for Crypto Projects
Crypto-asset venture capital firm Lattice Capital is launching a $60 million second fund and will invest $500,000-$1.5 million in early-stage blockchain projects or companies.
Amun AG Obtained Approval from Swedish Regulator for ETP Offerings in EU
Swiss crypto firm, Amun AG granted permission to market its exchange-traded products to several retails' clients within the EU. Cointelegraph has reported that this will help in expanding Switzerland's crypto offerings both globally and domestically.
Almost $5m Withdrawn from ZB.com in Possible Hack
The crypto exchange had halted client withdrawals on Tuesday, citing "temporary maintenance" of the platform, following which the suspected hacking of $4.8 million was executed.
Taiwan Regulates Crypto Exchanges, Bans Unregistered Foreign Operators
Taiwan's FSC has released new guidelines for regulating Virtual Asset Service Providers (VASPs) in the country. The guidelines, effective from September 26, 2023, prohibit foreign VASPs from operating in Taiwan without proper registration and encourage self-regulation within the industry.
Samsung Electronics to Use Blockchain in Climate-Focused Reafforestation Program
Samsung Electronics America has committed to the planting of 2 million Mangrove trees in Madagascar in a bid to advance its quota on the fight against climate change.
CoinFlex to Allow Users to Withdraw up to 10% of their Balance
According to Bloomberg News, CoinFlex will allow users to later withdraw 10% of their balance after suspending withdrawals last month.
Token Management Platform Magna Raises $15.2M
Magna has raised $15.2 million at a $70 million evaluation. The funding round for the token management platform was led by venture capital firms Tiger Global and Tusk ventures.
KeyFi Announces Native Token Listing on ApeSwap DEX
KeyFi, an AI-Powered DeFi aggregator platform backed by SelfKey Credentials, is listing its native token, KEYFI, on decentralized exchange ApeSwap.Finance.
Coinbase Crashed Amid Bitcoin Price Surge
On April 30, 2020, Coinbase, one of the biggest crypto exchanges in the world, crashed during the Bitcoin price outbreak where it skyrocketed from $7,700 to $9,200 within a matter of 24 hours.
Craig S. Wright Explores 'Code is Law' Paradigm in Digital Governance Debate
Dr. Craig Wright's blog post on "Open-Source Development" rekindles debate on "Code is Law" principle, emphasizing the need for a balanced approach balancing code precision with legal considerations.
JBS Paid Hackers $11M Worth of Bitcoin to Set Free From Hacker Attack
JBS's CEO Andre Nogueira revealed the company had paid hackers $11 million worth of Bitcoin ransom to set free. Nogueira insisted that is the right decision.
EY, Microsoft and ConsenSys Create a Platform For Enterprises on Ethereum Mainnet
Global accounting firm EY have launched their open-source Baseline protocol which aims to address privacy issues to encourage enterprise adoption of public Ethereum.
Thai Bank SCB Acquires Local Crypto Exchange Bitkub for $536.7M
Thailand’s oldest bank Siam Commercial Bank Plc (SCB), has completed the acquisition by acquiring a majority stake of local cryptocurrency exchange Bitkub.
Uniswap Foundation Seeks Additional $46.2M Funding for Next Two Years of Operations
The Uniswap Foundation initiates a governance proposal for an additional $46.2M funding to sustain its operations for the next two years. This follows a Temperature Check, ahead of an on-chain vote slated for October 12, 2023. The funds, converted based on a 30-day TWAP of UNI, are designated for grants and operational costs, among other strategic initiatives aimed at bolstering Uniswap's position in the DeFi sector.
Applied Blockchain Refinances $15M Credit Facility from a North Dakota-based Bank
U.S. bitcoin mining company Applied Blockchain, Inc has announced that it has entered into a credit agreement with a North Dakota-based bank for a $15 million loan that will expand its crypto mining operations to take advantage of opportunities emerging in the current bear market
Canadian Big 4 Auditing Firm KPMG Lists BTC and ETH to Balance Sheet
Multinational professional firm services and one of the Big four auditing firms, the Canadian distribution of KPMG said it will add Bitcoin and Ethereum to its balance sheet.
Blockchain in Fintech Sector Expected to Hit $31.4B by 2030
Blockchain in the FinTech market is anticipated to reach $31.4 billion by 2030, given that the penetration of this cutting-edge technology in the financial industry has boosted app-based operations.
How to Implement AI-Enhanced Day Trading Strategies?
AI-enhanced trading strategies can capture market fluctuations, identify profitable opportunities, and manage multiple strategies. However, success depends on quality data, structured implementation, and adaptability, not replacing human knowledge.
Polygon Launches Web3 .polygon Domains with Unstoppable Domains
Polygon and Unstoppable Domains have partnered to offer the ability to create Web3 .polygon domain names, enabling users to log into Web3 applications, use human-readable wallet addresses, and create decentralized websites. The service will be available to an estimated 180 million users and 40,000 services across the Polygon blockchain ecosystem. Unstoppable Domains makes use of Polygon to mint decentralized domains with zero gas fees. Users will be able to use .polygon domains to create digital identities that are compatible across 750 applications, games and metaverse platforms, as well as to login to web apps, act as cryptocurrency wallet addresses, and create decentralized websites.
Chainlink (LINK) to Expect a Bullish Trend Reversal After Recent Crash? Price Predictions are Mixed
Plunging 20 percent from its all-time-high in 2020, analysts have mixed feelings about the future of Chainlink.
Oracle Confirms Partnership with TikTok, President Trump Still Needs to Approve Deal
Oracle, the tech company that was said to have acquired TikTok’s US operations, has finally commented on the partnership and confirmed it.
HUAWEI CLOUD and COBO Announce Strategic Blockchain Partnership in Asia
HUAWEI CLOUD, the cloud service division of global technology titan Huawei, has officially entered into a "Memorandum of Understanding (MoU)" with COBO, a frontrunner in digital asset custody solutions. This landmark announcement was made during an exclusive, closed-door event.
Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019
bitFlyer, a Tokyo based cryptocurrency exchange reported a loss of $6.9 million after suffering a loss in customers amidst regulatory issues with the financial services agency of Japan. The company is doing all it can to stand strong and successfully survive this downtime.
Now-Defunct Crypto Exchange Mt. Gox Issues Commemorative NFT
Mark Karpeles, the former CEO of suspended Japanese cryptocurrency exchange Mt. Gox, announced the launch of a non-fungible commemorative token for certain eligible users.
EToro Boosts Insurance Cover-Up to £1 Million, but Crypto Investments Excluded
eToro has unveiled a new insurance plan that will cover up to 1 million euro for customers, but cryptoassets are excluded from the policy.
NSFW AI: An In-Depth Exploration
NSFW AI, utilizing machine learning and deep learning, generates unconstrained content, democratizing adult entertainment and fantasy exploration, but faces ethical challenges and potential misuse.
Private Crypto Wallet Accredited To Accept New Users in Midst Of Utility Token Rollout
Accredited Finance, the cost-effective Web 3 solution for digital asset management, is accepting new sign-ups for its uniquely tailored TradFi-to-DeFi digital asset custodian as a way to expand its platform during its ecosystem token launch.
Unizen (ZCX) enters a strategic partnership with THORChain (RUNE)
The team at Unizen, operating the Web3 ecosystem found at zcx.com, is pleased to announce a strategic partnership with the team at THORChain. Specifically, Unizen has integrated the THORChain settlement layer to enable swaps between ETH (Ethereum) and AVAX (Avalanche C-chain) to BTC (Bitcoin) and vice versa.
SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification
After the fall of FTX and the Ripple lawsuit in 2022, the U.S. Securities and Exchange Commission (SEC) is now looking into Wall Street corporations that may be violating custody regulations.
Thai Delays Testing Its Retail CBDC Until Late 2022
Thailand will be slow but prudent in testing its CBDC to ensure that it does not have problems with funder transfers and other payments.
PrimeXBT Analysis: Bitcoin Hash Rate Sets New ATH, Fundamentals Scream Buy The Dip
In stocks, company profit margins and operating expenses are top priorities in fundamental analysis. Fundamental analysis in forex currencies could involve looking at each nation's GDP or country's political health. Commodity fundamental analysis looks at supply, demand, and environmental factors.
GameStop, Dogecoin and Crypto: Making Sense of The Wild Current Financial News
I have been watching the exploits of the rag-tag group of Reddit traders who have upended Wall Street's status quo. As an investor, the absurdity of both Wall Street and Reddit is apparent. I will continue to support open and decentralized platforms like Bitcoin. Here is my take on where we go from here.
New Zealand Police Seize about $6.7m Cryptocurrency from Jarothe n David McIvor for Alleged Money Laundering
The New Zealand police confiscated about $6.7m cryptocurrency from Jarothe n David McIvor, a software developer, in Hamilton for alleged money laundering via online movie piracy in the United States.
Venezuelan President Maduro Leveraged Cryptocurrency to Conceal Drug Ring Transactions According to US DOJ
Venezuelan President Maduro and 14 other high-ranking Venezuelan officials have been charged for their alleged involvement in a multibillion-dollar cocaine trafficking ring that the the DOJ claimed wreaked havoc on American communities by flooding the markets with cocaine for over 20 years. According to Homeland Security Investigations (HSI), the Venezuelan officials had leveraged cryptocurrency in an attempt to mask their money trail on their alleged crimes
Amun AG: What are the Top Valuation Approaches for Altcoins?
We continue to explore the top Bitcoin valuation approaches stated in Part 1, which include NVT, NVRV, NVHR, Cost of Mining and Active Address method. In addition, we also looked at the field of altcoin valuation, including Ethereum, top privacy and payment coins.
Crypto Firm Q9 Capital Wins Dubai's Regulatory Approval for Provisional Virtual Asset
Crypto investment platform Q9 Capital has received regulatory approval for a provisional virtual asset from Dubai's Virtual Asset Regulatory Authority, according to the company's announcement.
Taxing Crypto Transactions Would Generate $13B Each Year for Russia: Report
Data collected from Russian authorities showed that the country could earn $13 billion each year by taxing cryptocurrency transactions, Moscow-based news outlet The Bell reported.
Indian State Plans to Combat Fake COVID-19 Vaccines with Blockchain
The administration of Telangana, a southern Indian state, intends to avert any attempt of hoarding or black-marketing of COVID-19 vaccines using blockchain technology.
Meta Plans to Introduce Virtual Tokens: FT
Meta is planning to introduce virtual tokens and cryptocurrencies, aiming to use these digital assets for rewarding creators and other financial services, the Financial Times reported.
Babel Finance Lost Over $280m in Proprietary Trading with Customer Funds
Babel Finance has undergone severe loss as it executed proprietary trading with customer funds. The Asian crypto lender is in trouble and has abruptly suspended client withdrawals from last month.
Semiconductor Design Company Bitmain Suspends Sales of Antminers in Mainland China
The multinational semiconductor company Bitmain Technology Holding announced that from October 11, 2021, Bitmain's Antminer will stop shipping to mainland China in order to comply with a series of local bans on strict crackdowns on cryptocurrencies.
Tech leaders sign open letter calling for AI development halt
More than 2,600 tech leaders, including Elon Musk and Steve Wozniak, have signed an open letter calling for a temporary halt to any further artificial intelligence (AI) development. The letter expresses concerns about the potential hazards to society and mankind posed by AI with human-competitive intelligence. However, the petition has divided the larger tech community, with some opposing the call to halt AI development, citing the need to keep moving forward with new technologies.
HSBC Undertakes Blockchain-based Trade Finance Transacntion for Automotive Sector in the Middle East
Through the blockchain technology supported by the Contour platform, HSBC conducted a trade finance transaction between SAIC Motor and Taajeer Group.
SPACE ID and Polyhedra Unite for .zk Domain and ZK Interoperability
SPACE ID collaborates with Polyhedra Network, launching .zk domains and enhancing Web3 interoperability with ZK proofs and a community airdrop.
Visa New Crypto Initiative
Visa is developing a new crypto product to promote the adoption of public blockchain networks and stablecoin payments. The company is seeking software engineers with experience in programming, Web3 technologies, and Solidity to build the product.
IOTA Foundation Releases Testnet of Fully Decentralized Network Pollen
The IOTA Foundation, a non-profit organization focused on blockchain and open-source development has announced the launch of its testnet of a fully decentralized network, Pollen.
Banks Want in on Crypto this Year, but Obstacles Remain
Obstacles remain for banks looking for ways to fight issues that differ from their core values and carve their way into the crypto craze in 2022.
CONSENSUS 2022 HIGHLIGHTS: PlayDapp Makes 3 Major Announcements at the World’s Largest Blockchain Conference
At The recent Consensus 2022 Conference, The Blockchain Middleware Provider Announced The Launch Of A Metaverse Virtual World, A New Play-to-earn Baseball Game And An Update On PlayDapp - IPX Partnership
Holistic Approach to Investing in Cryptocurrency
The basic criteria for selection and investing in Cryptocurrencies using the three pillar approach.
Bitcoin Adoption is the Ultimate Protest Against Government and State Abuse of Freedoms
As protests break out across the globe against state and central authorities, are the protesters overlooking their best and most potent weapon in Bitcoin? Bitcoin in essence, was built for protest and could potentially destabilize the central source of power for our governments—control over traditional financial systems.
One Thing Needs to Happen Before Bitcoin Booms
No matter bitcoin's price or how well it performs as an investment asset, most people will not put any money into it until its price goes up for a while.
Multichain Reports Unusual Outflows Worth Over $100M
In the past 12 hours, a large amount of assets has unusually flowed out from Multichain. These assets, which include a variety of cryptocurrencies, have been transferred to the new address: 0x1eed63efba5f81d95bfe37d82c8e736b974f477b. At the time of writing, the net worth of all assets transferred is $102,834,504.
Red Alert: Ripple Effects of Coronavirus on Chinese Electronic Manufacturers and Bitcoin Miners
The scourge of the coronavirus has led to the temporary closure of factories in China with the electronic industry supply chain being hit the hardest forcing an extension in the Lunar year holiday following the outbreak of the virus.
Circle Doubles Value to $9B with New Deal with Concord Acquisition Corp
Fintech company Circle Internet Financial has revamped its merger agreement with Concord Acquisition Corp (NYSE:CND) through a special purpose acquisition, doubling its valuation to $9B from the $4.5 billion initially announced in July 2021.
Tencent PhotoMaker: Advancing AI in Personalized Photo Generation
encent's PhotoMaker, an innovative AI tool, revolutionizes personalized photo generation with its 'Stacked ID Embedding' technology. Endorsed by AI expert Yann LeCun, it offers versatile applications, blending various ID features for customized images. Despite challenges and ongoing refinements, it signifies a major leap in AI-powered imagery.
Inery Token $INR goes Live On Huobi Following Successful VC raise
$INR is live on Huobi, after successful VC rounds and several strategic partnership announcements. Trading officially opened at 13:00 UTC today, September 28th and the project saw its token trending up from $0.22 to $0.44 within the first few hours. The listing is an important milestone for Inery on its journey to revolutionize how data is handled on the decentralized web.
Crypto ATM Operator Bitcoin Depot to Place Thousands of ATMs in Circle K
In Georgia, Bitcoin Depot, an Atlanta-based Bitcoin operator, announced the expansion of its cryptocurrency ATM business to Circle K convenience stores in more than 30 states in Canada and the United States.
Secret Network to Restructure as Nonprofit with 'Transparent Operation'
Two Secret Network-promoting groups argued publicly before the vote.
Crypto-Integrity-Tao—The Books And Convention That Will Change Everything
or the first time in technological history, with Blockchain humanity is creating an “Organism-Environment” and a few innovators and futurist are aware of this fact. It will begin this year and deliver incredible rewards, releasing the “spirit” of Blockchain Intersections in a 5G world.
PwC Reports Huge Shift in M&A and Fundraising from US to Asia and EMEA in 2019
In 2019, crypto fundraising and M&As began migrating over to Asia, Europe and the Middle East and saw a lack of new VC investments as the majority of funding came from crypto firms within the industry, according to PWC’s latest report released on April 6.
People’s Bank of China Announces Its Digital Currency is Ready
The central bank of China has announced that its digital currency can now be said to be ready. Speaking in a major event, the China forum as reported by local news site Shanghai Securities News on August 10, the deputy director of the people’s Bank of China (PBoC) Mu Changchun stated that over five years of rigorous research work has been put into creating a prototype that adopts the Blockchain architecture
BlockApps Raises $41m in Series B Funding
Blockchain services company BlockApps announced that it has raised $41 million in Series B funding.
Short-Term Holders Dominate Primary Driver for Bitcoin's Liquidation amid Ukraine Crisis
Analysis by IntoTheBlock shows that short-term holders have been the primary catalysts of the present leg down as they continue liquidating their BTC investments.
Nobel Prize Winner Milton Friedman, Satoshi Nakamoto and Bitcoin
Nobel Prize Winner Milton Friedman, Satoshi Nakamoto and Bitcoin
Financial Services Company Plaid Integrates Crypto Exchange Data
Financial services API developer Plaid is adding account information on crypto assets from cryptocurrency exchanges.
TOKEN2049 is Back for 2020, Examining What’s Next for the Crypto Industry
TOKEN2049, the premier crypto conference in Asia, will be returning to Hong Kong this year on 17-18 March 2020 at Shangri-La’s Kerry Hotel. As the flagship event of Asia Crypto Week, TOKEN2049 will bring together leading projects as well as key decision makers and thought leaders throughout the blockchain space.
SingularityNET Announces the Successful Integration of PayPal Payments in its Decentralized Beta Marketplace
The SingularityNET Foundation, the leader in decentralized AI technology, announces today the successful integration of PayPal payments into their blockchain-based artificial intelligence marketplace.
Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls
Square has announced that it has successfully launched COPA to empower blockchain and crypto companies and to protect them from patent hoarding trolls.
The Merge is Complete: Ethereum
The upgrade - known as the Merge - has shifted Ethereum into a more environmentally sustainable framework by reducing Ethereum’s energy consumption.
Visa Announces $100 Million Fund for Generative AI in Commerce and Payments
Visa Inc. has announced a $100 million fund to invest in generative AI technologies that are relevant to commerce and payments. The initiative, led by Visa Ventures, aims to foster innovation in the rapidly evolving field of artificial intelligence.
PureFi Introduces SafeTransact to Enhance Web3 Security
PureFi has launched SafeTransact, a new security method that examines blockchain transactions and notifies users of any suspicious activities. The system is designed to integrate with AMLSafe, a multi-crypto wallet from the same ecosystem. SafeTransact aims to improve the security of Web3 transactions and address the potential hacking threats to blockchain networks.
Climate Activists, Billionaire Launch Campaign to Tackle Bitcoin's Impact on Environment
Bitcoin's impact on the environment is about to face the limelight as several climate activist organizations such as Greenpeace and crypto billionaire Chris Larsen are launching a campaign to tackle its power usage system.
ANKR/CRV/STORJ Price Analysis – March 24,2021
ANKR, CRV, and STORJ are included in the Coinbase Pro list and have increased by 42.57%, 23.73% and 102.00% respectively within the last 24 hours.
European Central Bank Considers Rolling Out Blockchain-Powered Bank Transactions
The European Central Bank (ECB) seeks to be ahead of the game by studying how blockchain-based bank transactions will enable more money control even if lenders change to distributed ledgers.
Over 50% Crypto Investors Backup Security Keys by Paper Wallets, Threatening its Vulnerability
New research by Unstoppable Domains, Efani, and NGRAVE found that more than half of crypto investors at 54% store their security keys on a paper wallet amid intensified cyber attacks.
Jay Z-Backed Ethereum App Platform Officially Opens Doors to Public
Blockchain startup Alchemy has recently announced that the blockchain developer platform was perfected and now open to any companies or individuals looking to build smart contract-based projects.
Nexo Capital to Pay $45 Million in Penalties
Nexo Capital, a crypto lender, will pay $45 million to the SEC and NASAA (NASAA). SEC and NASAA announced the announcement on Jan 19.
bloXroute Raises $70M in Series B Funding to Speed up DeFi transactions
As a critical infrastructure provider for quick decentralized finance (DeFi) trades on Ethereum, Polygon, and Binance Smart Chain, bloXroute has raised $70 million in Series B funding to boost its quest of reducing latency on blockchain networks.
Digital Currency Ecosystems Company BTCS Inc. Adds Ethereum Layer 2 Sidechain Polygon
An early mover in the blockchain and digital currency ecosystems BTCS Inc. announced the addition of Layer 2 proof-of-stake sidechain Polygon (“MATIC”) to its blockchain infrastructure operations.
PAID Network DeFi Platform Attacked as Hacker Gains $3 Million Of ETH After Minting $166 Million Of Tokens
PAID token crashed by over 75% instantly after the popular PAID Network DeFi protocol experienced a massive hack.
First Shadow Fork Launches on Ethereum Mainnet,Transition to PoS Gains Steam
The move from proof-of-work (PoW) to proof-of-stake (PoS) known as the merge attained a landmark achievement after the first shadow fork went live on the Ethereum (ETH) mainnet.
Thai Political Party Proposes $300 Digital Currency Stimulus
The Pheu Thai Party in Thailand has proposed giving all residents 16 years and older a digital currency stipend of $300 if it wins the next election. The initiative is a stimulus project aimed at helping the local economy using blockchain technology.
Malaysian Universities to Expand Women’s Blockchain Knowledge Base with Programmers Course
Women in Blockchain Asia (WIBA) has partnered with various Malaysian universities to propel the number of female blockchain developers and coders in Malaysia.
Former HKEX Executive: Will HkbitEX Issue Its First STO Project Next Year?
On a forum, the Chief Development Officer of HKbitEX said that she hoped the company would issue its first security token offering (STO) project in 2021.
Shopify Becomes Member of the Libra Association
Canadian-based e-commerce giant Shopify has announced it will become the latest member of the Libra Association's governing council.
Mexico Turns Bitcoin Development Down after Billionaire’s Crypto Pitch
Central Bank of Mexico (Banco de México) and other regulatory watchdogs issued a statement prohibiting financial institutions from conducting transactions by virtual cryptocurrencies.
Messi Accepts PSG tokens for Partial Payment after joining Paris Saint-Germain Soccer Club
Lionel Messi, a football superstar from Argentina, signed a new contract with the Paris Saint-Germain team (PSG). His remuneration will be partly paid by cryptocurrency PSG tokens.
UNBLOK Provides Incentive-Based App Blockchain Solutions
UNBLOK LLC provides consumers with a revolutionary solution through blockchain technology, allowing users to use the application on their mobile phones without the need to conduct traditional application market research and get rewards.
India Reportedly Postpones to Test Digital Rubee in Q1 in 2023, Amid Banning Private Cryptos
Reportedly, the Indian government has postponed the trial date of testing digital Rubee until Q1 of 2023, the digital form of central bank digital currency (CBDC), according to local media outlets.
FTX US and DC Sports Leader MSE Establishes Multi-year Crypto Exchange, NFT Deals
Cryptocurrency exchange FTX USA announced on December 20 that it has become a cryptocurrency exchange and non-fungible token (NFT) partner with Monumental Sports & Entertainment (MSE).
Raiffeisen Bank to Launch Crypto Investment Service
Raiffeisenlandesbank Niederösterreich-Wien is teaming up with Bitpanda to provide crypto investment services. Customers can invest in various assets regardless of the capital amount. The new offering will feature over 2,500 digital assets, including Bitcoin and Ether.
California Court Fines Crowd Machine and Metavine in ICO Case
A California court orders Crowd Machine and Metavine to pay over $20 million for an unlawful 2018 ICO, highlighting the importance of adhering to securities laws in the crypto industry.
Interpol Issues Red Notice for Terra's Kwon
Terraform Labs co-founder has been issued with a red notice from Interpol, prosecutors in South Korea claim, according to a report from Bloomberg.
Top Banks in South Korea Select CenterPrime And Chainlink To Bring FX Rates Data to DeFi
Top banks in South Korea have selected Chainlink and CenterPrime to bring a blockchain-enabled decentralized finance solution for foreign exchange rates.
As it Happened: Binance Denies Ripping Off $1 million From a User's Account
Binance, one of the largest crypto exchanges based on trade volume, has hit back at embezzlement claims made in November 2018 after it froze a user’s account with crypto assets worth $1 million. It claims that its actions were based on a tip-off by the South Korean police to return the funds to a scam victim.
Metaverse Gaming Firm MetaBlaze to Conduct Second Round of ICO on April 20
MetaBlaze, a metaverse and blockchain-driven gaming company, will conduct its second ICO round on April 20 at 9 AM EST.
HashKey Exchange and Animoca Brands Unite to Boost Web3 in Asia
HashKey Exchange partners with Animoca Brands to foster Web3 and digital entertainment in Asia, leveraging their strengths in virtual assets and blockchain gaming.
Velas 3.0 Is Coming: Here's What You Need to Know
Velas (VLX), a platform designed to address the scaling and usability challenges seen by other blockchains, is on the verge of releasing by far its largest update to date — with the impending launch of the Velas 3.0 ecosystem.
Following Market Crash, BoE Governor Says Crypto Has No Intrinsic Value
Bank of England governor Andrew Bailey once again raised a warning on cryptocurrencies after the latest market slide, arguing that cryptocurrencies are not a practical means of payment, even though he considers blockchain technology undoubtedly important.
The Importance of Embedded Finance in Today's Fintech World
Banking, lending, insurance, payments, and branded credit cards are popular integrated financial products.
Bitcoin Continues to Surge, Price Jumps to Record High After Crossing $68,000
Bitcoin, the world’s largest digital coin, jumped past $68,000 for the first time to a new all-time high.
HackerOne User Finds Critical Bug in MakerDAO Upgrade
MakerDAO has fixed a critical bug that could have resulted in a complete loss of funds for all Dai users thanks to HackerOne user lucash-dev.
Racing to Save the Planet: The Role of Blockchain in Sustainability
The world is in decay. A long list of environmental disasters and the relentless requirement for fossil fuels are pushing Earth's capabilities to heal itself to a dangerous tipping point. Blockchain might very well be mankind's last hope to avoid the fall.
Positives Out of the Wuhan Coronavirus: Blockchain Educators in the City
For many outside of China, the city of Wuhan is now identified as being ground zero for the recent outbreak of the coronavirus, but some amazing innovation has come out of China's seventh biggest city in recent years.
NFT platform Autograph Raises $170M in Series B funding
Another NFT platform succeeds in raising capital from investors; Autograph has raised $170 million in Series B funding, co-led by a16z and Kleiner Perkins.
Binance Now Accepts Fiat Payments Through Alipay and WeChat
In light of advancing the company's market outreach, Binance CEO Changpeng Zhao confirmed on the 9th of October in a tweet that Binance now accepts Fiat payment through Alipay and WeChat.
Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT
A US dollar global economy has led to the underwhelming volume of growth of Chinese goods being traded among the Belt and Road countries and corridors since the initiative began in 2013. GoldZip is the exciting new digital tool allowing countries to barter goods based on their digital gold values.
SupraOracles Releases Roadmap to Mainnet While Starting 550+ Signed Web3 Project Integrations
Unveiling multiple technological breakthroughs, SupraOracles is excited to announce its novel cross-chain oracle infrastructure enabling highly accurate, robust data porting across a multitude of blockchains and DLTs with only 3-5 second finality. Now, with over 550+ signed integration partners, they’re officially announcing the launch of their Alpha testnet as they progress towards mainnet in early 2023.
Bank of Lithuania Calls For Uniform Regulation for Digital Financial Innovation Across Europe
Bank of Lithuania, Lietuvos Bankas, has proposed uniform regulations throughout the European Union in response to the European Commission’s consultations for the development of the digitalization of financial services in Europe.
Ripple Rolls Out On-Demand Liquidity Solutions in Sweden and France
To render seamless and real-time cross-border payments, Ripple, a leader in blockchain and crypto enterprise solutions, has established On-Demand Liquidity (ODL) solutions in France and Sweden.
EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto
Despite being perceived as an “anti-security bill” by many, the EARN IT Act has made its way to the US House of Representatives and currently awaits approval.
Argentinians Seek Shelter in Stablecoins after Economy Minister Resignation
Argentinians have taken refuge in stablecoins after the nation’s economy minister Martin Guzman resigned over the weekend attributed to the financial crisis crushing the South American country.
Ethereum to Implement New "Devcon Improvement Proposals" for Devcon Colombia 2021
Ethereum has announced a new way for its crypto community to get more involved for next year’s Devcon event.
Litecoin (LTC) Price Analysis – March 18, 2021
The price of Litecoin (LTC) successfully rebounded above $200, but it seems that it is currently suffering from strong selling pressure.
Unstoppable Domains Partners With Multiple Firms to Support Women of Web3.0
Unstoppable Domains has launched Women of Web3.0, an initiative that seeks to recognize and empower women and other marginalized groups in the growing world of Web3.0.
Canadian Dollar Payments on Blockstream’s Liquid Network Boosting Bitcoin Adoption Powered by Bull Bitcoin
Montreal-based Bitcoin exchange Bull Bitcoin, released Liquid Canadian dollars (L-CAD) using Blockstream’s Liquid Network, taking the Bitcoin standard to Canada. Blockchain’s Liquid sidechain is used for settling Bitcoin transactions.
Australian Football Club Perth Glory FC to be Tokenized by New Owners London Football Exchange
Sports clubs and cryptocurrency, will this lead to a new method of ownership in global sports?
Russians Under Sanctions Using Crypto to Launder Money: Elliptic Report
Russians with strong social connections, who are under international sanctions for the invasion of Ukraine, have been using cryptocurrencies to launder their wealth, according to a report.
Decentralized Information Markets Platform Polymarket to Pay Civil Fine of $1.4M, Violating Unregistered Swaps
Decentralized information markets platform Polymarket was imposed a civil fine of $1.4 million by the United States Commodity Futures Trading Commission (CTFC), failing to obtain a proper registration.
EIP 1559 May Not Reduce High Gas Fees on Ethereum, but ETH 2.0 Will – Here’s Why
EIP-1559, an Ethereum Improvement Protocol set to launch in July, has been touted as a game-changer that will address the issue of rising gas fees on the network.
Upbit Announces Listing of Layer 1 Blockchain SEI
Upbit has announced the listing of SEI, a Layer 1 blockchain specialized in DeFi, on its KRW and BTC markets, with trading support to commence on August 15, 2023.
Are Blockchain and Tokenization the Holy Grail in Eradicating Wealth Inequality?
Blockchain and tokenization could prove to be ideal in fighting the wealth inequality challenge as they can break the vicious cycle of wealth inequality by prompting ownership of high-performing asset classes. This will enable any person to invest and partially own lucrative assets, such as commercial real estate.
Chainlink (LINK) Price Set to Surge as Recent Major Partnerships Boost Adoption
Although Chainlink’s price has not yet recovered, crypto analytics firm Santiment noted that Chainlink’s network growth has picked up.
CME to Close Trading Floor on Friday as Coronavirus Prevention Measure
CME Group plans to close its trading floor in Chicago due to fears of further spreading the coronavirus, the influenza outbreak that has sent global stock markets falling.
LOST Island to Provide Groundbreaking Escape Game Experience
LOST's entry into the metaverse with LOST Island will provide users with game-changing escape game experiences as the company has initiated various upcoming initiatives, the company told Blockchain.News.
Ethereum Classic Surges Unexpectedly amid Ethereum Upgrade
The layer 1 blockchain protocol, Ethereum Classic, has climbed more than 124% over the last two weeks and the computing power of the whole ETC network is 23.55TH/s, with a monthly increase of 13.98%.
BTC Price Analysis as Whale Alerts Indicate More Institutions Buying Bitcoin
As Bitcoin soared to a new all-time high of $57,808, over a billion dollars’ worth of BTC has left Coinbase to unknown wallets. What can we expect from the BTC price?
Blockchain Favored by Andrew Yang, America’s 2020 Presidential Hopeful
Andrew Yang, one of the US Presidential election's hopeful, has asserted that blockchain should be embraced in the voting system.
China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes
China’s top digital bank WeBank has announced its partnership with Singaporean government-backed OpenNodes. This partnership will allow China’s FISCO BCOS blockchain platform to be brought to Singaporean academics for innovation and new initiatives. FISCO BCOS was deemed to be China’s version of Hyperledger Fabric when it was launched in 2018. The Financial Blockchain Shenzhen Consortium (FISCO) is backed by more than 100 Chinese organizations, including Huawei, Tencent, JD Finance, and WeBank, which is partly backed by Tencent. Developed by FISCO, the enterprise blockchain protocol was the first blockchain to be supported by China’s Blockchain Service Network.
Bitfinex CTO: Keeping Crypto Safe with State-of-the-Art Cyber Security
Paolo Ardoino, the CTO of Bitfinex and Tether tells us why safety and security should always be a top priority for crypto exchanges.
Billionaire Entrepreneur Mark Cuban Invests in Polygon,Driving it to Surge by 12645% on a Year-to-Date Basis
Today, Mark Cuban, an American billionaire entrepreneur, officially supports the Polygon network-which drives Polygon's token MATIC to surge by 12645% on a year-to-date basis.
Crypto Exchange Use Pushes ENS Registrations To 2.2M
After the 2022 Midterms, Republicans will dominate the House of Representatives with a narrow majority on Jan. 3. In January 2022, Republican congressman Kevin McCarthy indicated he would explore banning legislators from possessing and trading equities, which could include crypto. Future issues included U.S. senators' financial links to crypto.
LandX & KlimaDAO Partner Up For A Carbon Neutral Future
LandX is excited to announce its new partnership with KlimaDAO. LandX Choice is joining the Klima Infinity program, which uses a stack of DeFi technologies to enable organizations to retire tokenized carbon credits and verifiably demonstrate that they have offset their carbon footprint.
Ethereum Co-Founder Vitalik Discusses Worldcoin's Biometric Proof of Personhood
Ethereum's Vitalik Buterin explores Worldcoin's biometric proof-of-personhood, discussing its potential value, applications, and challenges such as privacy, accessibility, and centralization.
ADGM Launches Pioneering DLT Foundations Regime
Abu Dhabi Global Market's Registration Authority has introduced the Distributed Ledger Technology Foundations Regulations 2023, a global legislative framework designed to facilitate token issuance, promote governance, and drive transparency in the crypto sector.
Ripple Swell 2020: Clear Regulations and CBDC Will Drive Cryptocurrency Adoption Forward
Financial leaders virtually discussed the regulatory framework for crypto assets and how crypto adoption could be driven forward.
Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects
As part of this wide-ranging alliance, Polygon’s blockchain infrastructure will be crucial in underpinning and furthering Sensorium’s Web3 developments, supporting token and NFT-related features within the Sensorium Galaxy metaverse, SENSO dApp, and the recently announced UNDER project.
FBI Says Cyber Criminals Dealing With Crypto are Rapidly Upgrading
The United States Federal Bureau of Investigation (FBI) says that law enforcement can barely keep up with the advancements of criminal activities in the cryptocurrency sector.
Meta to Build World's Fastest Supercomputer for Metaverse, Mark Zuckerberg Confirms
Meta is reported to be building the world's fastest artificial intelligence supercomputer as part of the plans to build a virtual metaverse.
4 Reasons Why Bitcoin Investors Should HODL Despite BTC Price Drop Below $18K
As BTC price corrects below $18,000, here are four expert BTC price predictions and reasons to keep HODLers holding on to their crypto in the months ahead.
Polkadot Q2 2023: OpenGov and XCM V3 Launch, SEC Clearance for DOT
According to Messari, Polkadot, a blockchain network designed to support interconnected, application-specific Layer-1 chain, has made significant progress in Q2 2023.
Adult Content Platform Onlyfans Launches NFT Profile Picture Feature
Online adult content subscription platform OnlyFans has launched a feature for users to display verified NFTs as profile pictures.
Coinbase-backed Crypto Financial Startup Amber Group Raises $1B Investment Round
Coinbase-backed cryptocurrency financial services company Amber Group raise worth up $1 billion in funds, aiming at provides investors with many different cryptocurrency products for investment.
British Standards Institution Pioneers International AI Safety Guidelines for Sustainable Future
BSI's release of the first international AI safety guideline, BS ISO/IEC 42001, marks a significant step in standardizing the safe and ethical use of AI, reflecting global demand for robust AI governance.
Paxful to Boost Financial Inclusion with Its First Crypto Debit Card
Bitcoin trading platform Paxful announced that it will be adding a crypto debit card to its financial services.
The Blockchain Africa Conference 2020 is Moving Beyond the Hype
Africa's leading Blockchain conference will bring together hundreds of attendees from around the globe to discuss the future and convergence of blockchain technology and AI and how these technologies are addressing urgent challenges in Africa.
On-Chain Transactions Above $10 Million Skyrocket on the Bitcoin Network
More large accounts or organizations are taking part in the Bitcoin network as on-chain transactions above $10 million have gone through the roof.
Tiffany & Co.'s 250 NFTiffs Sold Out, Generates nearly $13M in Revenue
Passes for physical copies of Tiffany & Co.'s debut 250 NFTs were sold out in about 20 mins on Friday for 30 ether each or about $50,000.
What is Gamma AI?
Gamma AI is an AI-powered suite for business processes and presentations, offering user-friendly interfaces, AI-powered suggestions, and data loss prevention, but has limitations in handling complex tasks.
Traditional Finances Reimagined: The Future of Digital Finance
Traditional financial institutions such as banks are no longer the only option. The financial services industry will be decentralized and digital in the future.
Former OpenSea Head of Product, Nathaniel Chastain, Sentenced in Pioneering NFT Insider Trading Case
Nathaniel Chastain, former OpenSea head of product, received a three-month term for digital asset insider trading. Chastain was found guilty of "fraud and money laundering" and earning over $50,000 via NFT transactions. Insider trading in crypto and digital assets is a developing problem, with fines of up to 20 years for each offence.
Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models
Amazon and AI startup Anthropic have entered into a $4 billion investment agreement to develop advanced foundation models. The collaboration will provide Anthropic with AWS resources and allow Amazon to build on Anthropic's AI models. Both companies are committed to AI safety and responsible scaling.
OpenAI's CEO Expresses Disappointment Over FTC's Leak, Affirms Confidence in Protecting User Privacy
OpenAI's CEO Sam Altman has publicly responded to the U.S. Federal Trade Commission's (FTC) investigation into the company's AI chatbot, ChatGPT. The FTC's probe was examining whether OpenAI has breached consumer protection laws, potentially putting users' personal data and reputations at risk.
China's CBDC Testing Advances along 19.25M Yuan Distribute to Residents
The Digital Yuan testing is extending to Shanghai as residents will be given free money worth 19.25 million yuan.
Web3 Security Infrastructure GoPlus Security Reaches Strategic Deal with Dtools
Web3 security startup GoPlus Security has partnered with Web3 ALL-IN-ONE tool Dtools to provide comprehensive security data support for its newly launched token security detection function.
Bitcoin Miner CleanSpark Announces Second Quarter 2022 Financial Results, Beating Analyst Expectations
CleanSpark announced financial results for the second quarter of 2022, with total revenue for the quarter quadrupling year-on-year to $33.5 million and adjusted earnings before interest, taxes, depreciation (Ebitda) of $22.5 million.
Russian Cybercriminals Sanctioned by DoJ for Crypto Laundering Scam Generating More than $16.8M
TheDoJ has sanctioned two Russian nationals for their cybercrimes, where millions in cryptocurrency were accumulated through scamming and phishing schemes.
Tezos SEA Collaborates With Singaporean Government-Backed Platform to Launch a Training Program for Tezos Developers
Tezos Southeast Asia (TSA), a non-profit-oriented arm of Tezos, has entered into a partnership with Tribe, a Singapore government-backed blockchain platform for the sole aim to launch a training program for Tezos' developers
G7 Reports Stablecoins Like Libra Threaten Financial Security
According to the BBC, the G7 group of nations has drafted a report outlining nine major risks that digital currencies, such as Facebook’s proposed Libra, pose to the global financial system.
US Federal Court Defines Bitcoin As Money
A US Federal court has classified Bitcoin as a “money” under the Washington, D.C, Money Transmitters Act (MTA).
Elrond Transforms Into MultiversX, Launches 3 New Metaverse Products
Elrond, the startup building internet scale blockchain technology, announces its transformation into MultiversX. The company thus expands its mission of building the new internet economy to include the digital meta-space frontier.
Are Blockchains Becoming Centralised?
Envisioned to be decentralised, peer-to-peer systems, public blockchains are becoming centralised, creating an identity crisis for the blockchain community
China Plans to Incorporate Blockchain in Attempt for Hainan to Overtake Hong Kong on International Trade
The Chinese government is planning to make the province of Hainan into a free trade port, focusing on facilitating free trade, investment, and cross-border capital flows. The plan encourages government institutions to use blockchain and other emerging technologies to improve government functions. The government’s plan has mentioned blockchain technology consistently, as it could have the potential to be used in social governance, as well as protecting data systems including intellectual property rights.
BinaryX Releases Trailer and Opens Beta Test For Futuristic Space Game Project Matthew
BinaryX announced today the upcoming release of a space-building simulation game, Project Matthew. The team just released the trailer video which gives a first look at the game, and is also opening registration for their Closed Beta Test happening soon.
Crypto Leaks launches platform that reveals scams and corruption in the crypto space
Crypto scams and corruption have persisted for years, affecting many in their wake.
Self-Acclaimed Bitcoin Inventor Craig Wright Vindicated in Kleiman Lawsuit
A federal jury in Miami has vindicated self-acclaimed Bitcoin (BTC) inventor Craig Wright in a lawsuit involving him and his late business partner, Dave Kleiman.
MarginX, World's First Community-Based Decentralized Exchange, Launches on Function X Blockchain
MarginX, the world’s first community-based decentralized exchange (DEX), launches on the Function X blockchain today. It runs on a first-of-its-kind multi-chain and on-chain infrastructure that allows investors to trade with close to zero gas fees, ultra-high throughput and liquidity, and full ownership and transparency.
Game Developers Have Increasing Interest in Blockchain and NFTs Products, says Stratis Survey
A new survey report shows a sizeable number of respondents agreeing that blockchain technology will become prevalent in video gaming within the next two years.
Japan supports OpenAI amid concerns
Japan expressed interest in incorporating OpenAI’s technology into government systems, provided privacy and cybersecurity concerns are addressed. OpenAI CEO, Sam Altman, visited Japan and met with government officials to discuss the potential of the technology and how to maximize its benefits while minimizing risks. Meanwhile, OpenAI is being investigated by Canada’s privacy commissioner for allegedly collecting and utilizing personal information without consent.
Standard Chartered Becomes the First Bank to Join the Global Digital Finance Patron Board
Standard Chartered, the British multinational bank (MNB), announced recently that the corporation would be joining the crypto and digital finance industry membership body Global Digital Finance (GDF) Patron Board.
Crypto Lending Platform SALT Works with Cion Digital, Launching Crypto Lending Service for Auto Dealers
Crypto lending platform SALT has partnered with Cion Digital to launch crypto lending-as-a-service for over 5,000 U.S. auto dealerships.
India Accuses WazirX of Tax Evasion, Future of Local Crypto Sector Remains Unclear
India’s largest cryptocurrency trading platform, WazirX, has been accused by the country's authorities of tax evasion worth $5.4 million.
Paris Blockchain Week Summit Announces Its 2020 Speaker Lineup
Paris, France - January 16th, 2020 - Paris Blockchain Week Summit (PBWS), the first international conference held in France dedicated to professionals in the blockchain and crypto-assets space, has announced the primary speaker lineup for its upcoming event on March 31 - April 1, 2020.
Tech Mahindra Leverages IBM Blockchain For New Entertainment Royalties Platform
Indian multinational tech company, Tech Mahindra has announced the launch of a blockchain-based platform aimed at preserving the rights of video content generated by content creators and producers.
Regulated Blockchain Will Power Central Bank Digital Currencies
So far, the story of blockchain has been one of new financial services built on decentralised technology. As the continuing prominence of Bitcoin demonstrates, these decentralised finance, or DeFi, applications have built up a following amongst a band of loyal supporters.
Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service
Cryptocurrency exchange Coinbase has sold its blockchain-based data analytics software to the United States Secret Service. The analytics software was made available to the secret service in a contract worth $183,750 and billed to span through May 9, 2024.
Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting
A hacking operation that is allegedly backed by North Korea has been reported to be targeting blockchain and cryptocurrency employees through LinkedIn.
VeChain and Bayer China Team up for Blockchain-based Healthcare Project, Here’s What it Means for China
Pharmaceutical giant Bayer is now working with Chinese crypto project VeChain on a blockchain-based medical traceability and supply chain program.
Puerto Rico Police Say No Evidence of Foul Play in MakerDao Co-Founder’s Death
On Friday, local district police in Puerto Rico announced the results of the investigation into the death of MakerDAO Co-Founder Nikolai Mushegian. The report said there is no evidence of criminal elements involved in the death.
Stay Alert to Crypto Wallets Protection from Quantum Computer Attack
Nowadays, the application of digital signature to access financial accounts could be risky to be attacked by quantum computer hacking, especially for the crypto wallets, experts remind the public to stay alert.
Thailand’s SEC to Eradicate Any Stumbling Blocks to Digital Asset Advancement
The Securities and Exchange Commission (SEC) in Thailand has revealed plans to revise the royal decree on digital asset businesses in 2020 to boost digital assets’ growth, as well as shielding investors from avoidable risks.
Chainlink Whales are Growing as LINK Investors Increase, according to Santiment Study
New data by Santiment reveals that crypto wallets holding at least 1,000 Chainlink (LINK) grew by more than 445 in November.
Bitcoin and Bad Guys
With Bitcoin a growing number of people have been choosing to opt-out of the traditional financial system, and others have even chosen to use the cryptocurrency to circumvent regulation altogether, leading to its unfortunate connection with illegal activity and shady characters.
Digital Health Funding on Track for Another Stellar Year
Despite simmering down after a sizzling first half, digital health funding remains near all-time highs, according to Rock Health. Startups in the space are reportedly on track to raise an estimated $7.3 billion this year, a billion short of 2018’s $8.3 billion but more than double that of 2017’s.
Tron DAO to Purchase 1 billion USDT to Combat Short Sellers
The Tron Dao reserve is now set to purchase 1 billion USDT to combat short sellers and bring the stablecoin USDT back to its normal price.
Samsung to List Blockchain ETF on the HKEX
The new EFT launched by Samsung will track crypto and blockchain tech companies listed in Asia.
Bitcoin Price Sinks Below Critical Level as Joe Biden Officially Inaugurated as 46th US President, What's Next for BTC?
Bitcoin has been losing steam and struggling to clear the $35,000 level, for a second straight day.
OKX Survey: 83% of Community Expects More ETH Staking Around Shanghai-Capella Upgrade, 63% See New Record High by End of 2023
OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today released the findings of a survey on the perceived market impact of the two-part Shanghai-Capella (a.k.a. Shapella) upgrade, which is slated for April 12 and will enable withdrawals of staked ether (ETH).
Rated Labs Secures $12.888 Million in Series A Funding
Rated Labs, known for its Ethereum explorer and API services, has secured $12.888 million in Series A funding led by Archetype. The company plans to use the new capital to expand its services to multiple Layer 1 blockchain networks and enhance its existing product line.
MakerDAO Adds Layer-2 Network StarkNet to Address DAI Transaction Costs
The newly integrated StarkNet, a zero-knowledge proof layer 2 protocol, aims to improve efficiency of DAI stablecoin.
Bakkt BTC Options Trading Falls To Zero: What Does This Mean for Mainstream Adoption?
The impetus behind Bakkt was to create a safe and regulated environment where larger institutions, corporation and investors would feel comfortable leveraging for access to the nascent crypto market. The trading volume or lack thereof seems to indicated that these larger investors are still weary of cryptocurrency.
Crypto.com Announces Suspension of Ethereum Transactions During POS Merge
The Cypto.com exchange stated that its services fully support the Ethereum merger, and announced that it will stop the deposit and withdrawal of ETH and all ERC20 tokens on the Ethereum mainnet during the week of the merger on September 15 next month.
Iranian President Advocates for Cryptocurrency-Driven Muslim Nations
During the first round-table discussion at the Kuala Lumpur Summit 2019, Hassan Rouhani, Iran’s President, suggested that cryptocurrency ought to be integrated into Muslim nations to enhance trade between the nations.
Ethereum’s Daily Active Addresses Surpass Bitcoin for the First Time in Crypto History
ETH made history by surpassing Bitcoin’s daily active addresses, as acknowledged by crypto analytic firm Santiment.
Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020
Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.
Visa CEO Says the Payment Giant Will Add Cryptocurrencies to Its Payments Network
Visa has come out in support of digital currencies and believes that cryptocurrencies have the potential to improve the value of digital payments and create more accessibility.
Venture Capital Firm MetaWeb Ventures to Establish $30M Venture Fund
Venture capital firm MetaWeb Ventures has announced the launch of a $30 million venture fund to focus on decentralized social media, DeFi, gaming and decentralized autonomous organizations.
CZ: I Personally Believe in Two Coins, BNB and BTC, That’s It
On a rainy Monday night in Moscow, on October 21st 2019, the famous influencer, game-changer, and billionaire, CEO of Binance cryptocurrency exchange Changpeng Zhao, widely known as CZ, met with 700+ Russian blockchainers during a special Binance Super Meetup Russia. To everyone’s delight, CZ started his speech confirming that Binance is going to launch crypto-fiat trading pairs, and the debut trading option would be tied to the Russian ruble.
Grayscale CEO Optimistic that US Regulators Can't Stop Bitcoin
Barry Silbert, CEO of Grayscale Investments thinks that Bitcoin has too much support from policymakers in the United States to ever be shut down completely.
Do Kwon Tweets "Not on the Run", Willing to Disclose Location
Terraform Labs' founder claimed that he is not on the run but in "full cooperation" with government agencies interested in communicating.
IBM Eyes Blockchain and IoT Solution to Eradicate Drone Theft
Companies, such as FedEx, DHL, and Amazon, are developing drones that can deliver packages to clients’ doorsteps. This is a novel undertaking, but IBM is looking at the bigger picture, whereby these drones might steal the packages instead of delivering them.
Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter
Riot Blockchain Inc, one of the few blockchain companies to be listed on the Nasdaq has posted yet a profitable third quarter performance.
Digitization vs. Digitalization: FinFabrik CEO Explains Digitalization of Asset Investment in Private Markets
FinFabrik, a leading capital markets FinTech startup based in Hong Kong has recently launched a new Private Equity module on its proprietary DLT infrastructure that helps private markets institutions digitalize their operations. The platform named “CrossPool” rides on Corda Enterprise for transaction and contract management and Hyperledger Indy for identity management. With extensive experience in the financial industry and entrepreneurship, Alex Medana, the CEO of FinFabrik, talks about the core values of FinFabrik in the maturing DLT and FinTech industry and the firm’s digital assets issuance and investment platform CrossPool.
US Congressmen Ask Federal Reserve to Create National Digital Currency
Two members of the United States House of Representatives Financial Services Committee recently asked the Federal Reserve if it has any plans to create a U.S. dollar digital currency.
Blockchain.com Gets Full Approval to Operate Crypto Exchange in the Cayman Islands
Blockchain.com announced that it had received full regulatory approval from the Cayman Islands Monetary Authority (CIMA) to operate its exchange and clearing house in the Cayman Islands.
AI Image Editing: The Rise of Unified Concept Editing in Diffusion Models
Exploring the groundbreaking advancements in AI with Unified Concept Editing in diffusion models, offering enhanced precision and control in image editing.
Singapore Consults China on Central Bank Digital Currency
Singapore is considering a partnership with China as it works on developing a Central Bank Digital Currency dubbed Project Ubin
Maven 11 Launches $30m Loan Pool on Defi Lending Protocol Maple Finance
Defi lending protocol Maple Finance has launched a $30 million liquidity pool backed by Netherlands-based crypto-native investment firm Maven 11.
US FDA Calls Meeting on Blockchain, AI and the New Era of Smarter Food Safety
The FDA will hold a meeting on October 21st, with the aim of gathering input and feedback to help shape an FDA blueprint for the initiative. The FDA will propose leveraging modern technologies such as blockchain, artificial intelligence, and IoT to improve the transparency and decrease the risks of contamination in the food supply chain.
VanEck Launches Mining ETF on List Today
Investment firm VanEck has launched a mining ETF (DAM), which will officially go public on Wednesday.
Tether Plans to Issue Stablecoin Backed by Chinese Yuan
Tether has been reportedly working on a new stablecoin pegged to the Chinese Yuan. The stablecoin project named “CNHT” came from the intention of Zhao Dong, one of the shareholders of the Bitfinex crypto exchange.
Ethereum Founder Vitalik Buterin Co-Authors Paper on Blockchain Privacy and Compliance
Ethereum's Vitalik Buterin, along with researchers and privacy advocates, published a paper on September 6, 2023, titled "Blockchain Privacy and Regulatory Compliance: Towards a Practical Equilibrium." The paper introduces "Privacy Pools," a smart contract-based protocol designed to reconcile financial privacy with regulatory compliance.
Digital Dollars—A Two Tier CBDC Design to Maintain US Currency Dominance
The Digital Dollar Project (DDP) is the focus of the Digital Dollar Foundation and advocates the need for a CBDC. In their recently released whitepaper, the DDP stipulates that it aims for the US dollar to maintain its global dominance but further warns that the work needs to begin immediately. The DPP also calls for public-private collaboration, including the use of a two-tier system for the spread and distribution of retail digital dollars.
Mastercard's Dynamic Yield Launches AI-Driven Shopping Muse to Enhance Online Retail
Mastercard's Dynamic Yield has introduced "Shopping Muse," an AI-driven personal retail assistant tool, enhancing its digital personalization and AI portfolio to provide personalized product recommendations and meet evolving retail industry demands.
DBS Bank Claims COVID-19 Accelerated Central Banks' Interest in Digital Currencies
DBS Bank has pointed out that the coronavirus pandemic has caused a “troubled and intrigued” dilemma for central banks around the world.
CEX.IO Founder: US and UK Investors Expect Bitcoin to Serve as Hedge Against Currency Depreciation
CEX.IO Founder and CEO, Oleksandr Lutskevych is a pioneer in the Bitcoin industry and serial entrepreneur with deep expertise in internet technology businesses. In this second exclusive interview with Blockchain.News, Lutskevych to discuss the current Bitcoin market sentiments in the US and UK following Brexit and discuss CEX.IO’s next steps for 2020.
Teucrium Trading Submits Bitcoin Futures ETF Application to SEC
ETF provider Teucrium Trading submitted an application Thursday for an exchange-traded fund (ETF) for tracking the futures of Bitcoin (BTC) to the US Securities and Exchange Commission (SEC).
Dubai-Based Asset Advisors Enables Clients to Purchase Real Estate with Bitcoin and Ethereum
Purchasing real estate property with cryptocurrencies is becoming more of a reality, especially in Dubai.
Crypto firms to Form Coalitions by Promoting Market Integrity, against Market Manipulation
Reportedly, Crypto firms, led by risk monitoring software firm Solidus Labs, are forming a coalition to combat market manipulation in an effort to win for trust across the digital asset industry.
NASA is Funding a Blockchain Solution for Space Communication
The United States National Aeronautics and Space Administration (NASA) is funding two US-based companies to develop a blockchain solution to enhance space communication
Exploring the 2023 Surge in AI Market and Nvidia's Role Amidst Technological Challenges
Nvidia's NeMo Guardrails, an AI safety tool, aims to improve conversation accuracy with large-language models, despite challenges like model drift and hallucinations in 2023.
MIT Study Challenges AI Job Displacement Fears
MIT's study reveals that human labor remains more cost-effective than AI in most job roles, especially in tasks requiring visual processing, challenging rapid AI-driven job displacement fears.
Chief Justice Roberts Calls for Caution with AI in Legal Field
Chief Justice John Roberts advocates for legal caution in utilizing AI due to privacy and human judgment concerns, proposing rules for lawyers to verify the accuracy of AI-generated court papers.
Vitalik Buterin's Vision of Techno-Optimism and AI's Future
Ethereum founder Vitalik Buterin advocates for a balanced approach to technology, considering both its benefits and risks, particularly in the context of AI and existential risks.
Cyberport: Integrating New Technology and Blueprint for a Smarter Hong Kong
Other than the incubation programme provided, Cyberport also has a programme dedicated to encouraging education in the FinTech and blockchain sector. The Cyberport University Partnership Programme (CUPP) is a program created for university students.
Elliptic Hires OakNorth's Jackson Hull as Chief Technology Officer
As CTO, Hull will be responsible for taking Elliptic into the next phase of its product and technology growth, leading one of the major blockchain analysis providers.
Including ALGO, XLM, and AERGO, Binance to Remove Select Spot Trading Pairs
Binance announces the removal of select spot trading pairs on March 8, 2024, as part of its ongoing efforts to optimize the trading market, protect users, and foster a healthy cryptocurrency ecosystem.
Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform
Decentralized applications startup Near Inc announced $21.6 million tokens raised led by venture capital firm Andreessen Horowitz (a16z). Joined by other investment firms, including Libertus, Animal Ventures, Notation Capital, Blockchange, Pantera Capital, and Distribution Global, the token sale is the network’s second funding, following a $12.1 million round last July.
Voyager to Receive $200m in Repayment of Loans from Alameda Research
Voyager Digital will receive about $200 million in repayment of loans from trading firm Alameda Research.
Crypto Wallet Launches Testnet Trades for 300million Telegram Users
Button wallet which happens to be a non-custodial and multi cryptocurrency provider has announced that it is launching a free testing service on the Telegram Open Network (TON) this would be in an effort to further drive the adoption of Cryptocurrency adoption amongst 300 million telegram users.
ADDX Introduces Cash Management Tool ADDX Earn
ADDX has introduced a cash management tool for investors which consists of a solution that aims to withstand short-term volatility while preserving capital.
DappRadar—What is the Dapp of 2019?
In the second part of our exclusive interview with Skirmantis Januskas, CEO and Founder, DappRadar - we discuss Ethereum’s transition to proof-of-stake, the growing Dapp ecosystem and the DeFi revolution instigated by MakerDao.
Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week
Federal Reserve Chairman Jerome Powell will be speaking to the International Monetary Fund (IMF) next week as part of a panel on cross-border digital payments.
Fox Renews Dan Harmon Krapopolis for Third Season Amid NFT Tie-Up
Fox has renewed the animated comedy series, Krapopolis, for a third season before its first season even airs. Produced by Fox Corp’s NFT firm Blockchain Creative Labs, the show features NFTs called “Krap Chickens” that depict cartoon chicken avatars in the same art style as the show, and holders are given exclusive access to experiences, content, rewards, and voting rights on certain aspects of the show. In other NFT-related news, Baobab Studios sold out its first collection of 8,888 NFTs just nine hours after launch, and Flare welcomed its first NFT platform after Sparkles went live. Additionally, Square Enix’s NFT-friendly CEO, Yosuke Matsuda, is stepping down after nearly 10 years at the helm.
CoinShares Launches Twitter Bot for NFT Investors
Crypto asset manager CoinShares has launched a helpful Twitter bot for NFT investors.
Discovery Communications Releases Puppy Bowl NFTs to Benefit Ariana Grande's Animal Rescue Charity
Discovery Communications will be selling off 23 unique NFTs to commemorate this year’s Puppy Bowl competition.
Consider These 6 Factors When Trading Crypto In 2021
What do trading audiences expect with high-quality, modern exchange and aggregator services? It has a lot to do with the context of the industry – what people are doing with their assets, and the choices that they have to navigate within the greater fintech ecosystem.
There Would Be No Bull Market If There Was No Bear Market...
Daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks.
Fidelity: 60% of Institutional Investors Believe that Digital Assets Have a Place in their Portfolio
Fidelity Digital Assets surveyed 774 institutional investors across the United States and Europe, and 80 percent of those who were surveyed found something appealing about digital assets. The research was conducted from November 2019 to early March 2020 and is the second consecutive year that Fidelity Digital Assets has conducted this survey for US institutional investors and the first for European investors.
Libra Forms Governing Board Despite Shrinking Membership
The Libra Association has reaffirmed its commitment in creating a payments-oriented stablecoin, holding its inaugural meeting yesterday in Geneva, Switzerland.
Catch Lil Bubble at BlockShow Asia 2019
BlockShow Asia 2019 powered by Cointelegraph will bring together experts, media and PR persons, startups as well as investors. This year’s BlockShow Asia is being celebrated as a Festival of Decentralized Technology and there will certainly be elements of entertainment in the two day long conference. An exciting development announced by BlockShow is that Lil Bubble who shot to fame due to his parody of Lil Nas X’s Old Town Road titled ‘All Time Lows’ has been roped in for BlockShow Asia 2019.
How Can IBM’s Blockchain Network Support $2 Trillion in Product Logistics by 2023?
IBM Blockchain has been around for several years, delivering on blockchain projects for enterprises in areas such as trade finance, securities, payments and supply chain traceability, as well as establishing new platforms for businesses and improving efficiencies in existing industries. Alan Lim, one of the initial members of the IBM Worldwide Blockchain team, heads IBM Blockchain Labs in the Asia Pacific. Lim kicked off his journey in blockchain as he was curious about how blockchain was being used in solving some real-world challenges.
Former Goldman Sachs Marcus Head Launches Crypto Investing App with $33M
Former Goldman Sachs Marcus Head Launches Crypto Investing App with $33 million.
Chainlink Rises 50% in a Week, LINK Price Rally Set to Break ATH
Chainlink is finally joining the crypto price rally after LINK’s price broke above $16, with our technical analysis indicating there is plenty of room for a rally passed $20 and its ATH.
China Plans to Thwart Procedural Violations in the Police Force and Courtrooms with Blockchain
China has laid plans to use a new automated system powered by blockchain and other technologies to propel surveillance of its judges and police officers.
Marketlend Launches New Stablecoin Against the Australian Dollar for Security Token Purchasing
Marketlend creates a digital currency to be backed by the Australian dollars to create a secondary market for corporate loans prompting a means through which assets can be tokenized over the blockchain.
Chainalysis Partners with Wyoming Watchdog to Fight Cybercrime and Crypto Laundering Scams
Chainalysis has announced partnered with Wyoming’s Division of Banking to fight cybercrime, crypto laundering, crypto scams, sanctions violations, and more.
Humanity Protocol Receives Major VC Funding for Web3 Digital Identity Solution
Humanity Protocol has secured strategic investment from top VCs, advancing its mission to create a sybil-resistant digital identity layer for Web3.
Ripple CEO Says DOJ Report Offers No Regulatory Clarity, XRP Price Not Influenced
The tightening regulations on cryptocurrency raise many concerns in the community, the DoJ’s new guidance around cryptocurrency enforcement has Ripple’s CEO concerned.
OKX Launches AI Integration for Crypto Market Volatility
OKX has partnered with EndoTech.io to utilize AI algorithms for real-time analysis of data and trading opportunities, specifically to capture crypto market volatility. This new integration follows the recent announcement of OKX expanding its services to Australia while shutting down operations in Canada.
Blockchain Gaming N3TWORK Studios Secures $46M in Series A Funding
Blockchain gaming startup N3TWORK Studios has secured $46 million in Series A funding led by venture capital firm Griffin Gaming Partners.
VC Shima Capital to Launch $200m Shima Capital Fund I for Web 3 Industry
Early-stage venture capital Shima Capital will launch Shima Capital Fund I, the first fund to support emerging digital assets for web3 and crypto startups.
Ripple CTO Regrets Selling Ether for $1 Each, Missed Out on Millions as ETH Looking Bullish
Ripple chief technical officer (CTO) David Schwartz disclosed that he previously had 40,000 Ether in his possession, but that he liquidated it in 2012.
Bitmedia is Revolutionizing Advertising for Crypto Projects!
Bitmedia makes it easier to advertise crypto projects through its crypto ad network with Bitcoin banners! Learn how to supercharge your crypto ads with Bitmedia today!
Toyota Leasing Issues Debentures Using Blockchain in its $16 Million Thai Market
Toyota Leasing Thailand Co Ltd, the automotive leasing arm of Toyota Motor Thailand, has offered debentures through blockchain’s distributed ledger technology (DLT) in its 500 million baht or $16.4M market.
Coinbase Launches 1st Crypto Derivatives Product, Focusing on Retail Brokers
Coinbase Derivatives Exchange (formerly FairX) is launching its first crypto derivatives product Nano Bitcoin futures (BIT) on June 27.
Mastercard Survey Suggests that Consumer Appetite for Cryptocurrency Payments Is Surging
Mastercard released a report on May 4 that revealed that there is a growing demand for digital payments.
Cardano Working With SA Blockchain Alliance to Free African Enterprise from Politically Entrenched Legacy Banking Systems
The Cardano Foundation has partnered with the South African National Blockchain Alliance (SANBA) in a bid to expand blockchain adoption and bring financial inclusion to the country of 59 million.
Microsoft Azure Integrates Lition Commercial Blockchain into Cloud Marketplace
Lition, an enterprise blockchain has been integrated into the Microsoft Azure cloud marketplace to provide blockchain as a service (BaaS) solutions.
Ripple Hires Former Amazon Executive to its Engineering Team as XRP Price Continues to Sink
Despite its momentary reach past the $0.30 mark last week, XRP’s price has since resumed its downward trend.
UK FCA Regulator Proposes Mandatory AML Data Reports from Cryptocurrency Firms
The United Kingdom’s Financial Conduct Authority (FCA) has proposed obligatory AML reporting requirements for crypto exchanges.
KYC on Exchanges Powerless Against PlusToken Ponzi Scammers According to New Report
The PlusToken Ponzi scheme operators are using regulated KYC compliant exchanges to dump their cryptocurrency according to an updated report by investigative firm OXT Research.
Crypto Weekly Inflows Have Topped $500M for Six Consecutive Weeks: CoinShares
Inflows into crypto investment products have been experiencing an uptick for six consecutive weeks, topping $500 million, according to a report by market insight provider CoinShares.
Paradigm: Onchain Gaming's Transformative Potential in the Broader Landscape
The gaming world is poised for change with blockchain's rise. Paradigm.xyz explores onchain gaming's vast potential and challenges in the broader landscape.
DeFi Insurance Claims Reach $34.4 Million
DeFi insurance firms paid out $34.4 million in claims in 2022, including $22.5 million for the collapse of Terra Luna and $4.7 million for FTX. DeFi insurance now covers eight major categories, but more work is needed to scale.
Blur Releases Blur Beta, Real-time Trading Platform for NFTs
Blur announced that it is releasing Blur Beta, a real-time trading platform for NFTs.
AI Companies Respond to Copyright Infringement Claims
Stability AI, Midjourney, and DeviantArt have responded to a lawsuit brought by artists who claim that their work was used without permission to train generative AI systems. The companies argue that the resulting AI-generated images are dissimilar to the artists’ work, and that the lawsuit lacks specific information about the allegedly misused photos.
Russian Sberbank Conducts First Digital Asset Trade on its Blockchain Platform
Sberbank expects digital assets trading to be rolled out to the bank’s customers later this year.
Bitcoin Sex Scam Claims Another Victim and Generates $115,000 BTC
Recently, a Bitcoin sex scam that has been running since 2015 accumulated fraudulent funds of approximately $115,000 before being detected.
Huobi Token Breaches $29.54 - What's Next?
Huobi Token (HT) hit a record high of $29.54. What should we expect from the token in the upcoming days?
The Philippine Stock Exchange To Consider Launching Crypto Exchange
The Philippine Stock Exchange (PSE) will plan to launch a platform for legally trading cryptocurrencies in the country. It is currently waiting for the SEC and other regulatory agencies to issue relevant encryption trading guidelines.
60% of Ethereum Supply Has Been at a Standstill for More Than a Year—What's Next for ETH?
Ethereum's circulating supply has been limited because 60% of it has remained stagnant for more than a year, according to EthHub co-founder Antony Sassano.
FTX Gets Full Approval to Operate Crypto Exchange in Dubai
FTX has received full government approval to expand its services in Dubai. In March, the exchange obtained a partial license to offer its services in the region.
Nike Acquires NFT Sneaker Collectibles Startup RTFKT
NFT platform RTFKT Studios, which integrates reality into fashion and games, announced on its official Twitter account on December 13 that it has been successfully acquired by sports brand giant Nike.
Burberry Cooperates with Mythical Games to Launch the First NFT in Blankos Block Party Game
The famous British luxury brand Burberry cooperated with Mythical Games to launch its first non-fungible token (NFT) series that provide players with the verification of ownership and real rights.
KPMG Partners with Coin Metrics to Boost Institutional Crypto Adoption
KPMG has teamed up with Coin Metrics to enhance institutional adoption of blockchain and cryptoassets offering proprietary analytics, trusted data & insights.
LinkedIn Ranks Blockchain as a Top Skill for 2020
The skills that are in demand follow programming and computer science as key elements, however, sales and marketing in the industry will also follow suit, to advertise and push awareness for the new developing tech shown alongside Blockchain on the in-demand list according to the job and professional networking site LinkedIn.
South Korea’s Leading Crypto Exchanges Aid Police in Hunting "Nth Rooms" Blackmail Porn Members
The four primary crypto exchanges in South Korea, namely Coinone, Korbit, Bithumb, and Upbit, have reportedly offered to help police investigate the sexual exploitation of underage girls in the “Nth Rooms” scandal that has sparked a national outcry.
Bitcoin Gains 110% Since Its Halving – 4 Reasons Why BTC Is Only Going to Rally Higher
Bitcoin’s price has more than doubled in value since its third halving in May. Market experts think that Bitcoin will only rally higher due to four reasons.
The Bank of Tanzania to Introduce CBDC, Strengthening Domestic Payment System
The Bank of Tanzania is actively introducing a CBDC to strengthen the domestic payment system.
Binance.US Opens Crypto Assets Marketplace to Millions of Florida Cryptocurrency Traders
Binance.US will now open its digital assets marketplace to Florida citizens and cryptocurrency traders.
Animoca Brands Partners with Untamed Planet to Develop Untamed Metaverse
Animoca Brands has announced a partnership with Untamed Planet to develop and publish Untamed Metaverse, a game to help nature conservation efforts.
Total NFT Sales Hit $25B in 2021
The explosion in popularity of non-fungible tokens (NFTs) topped its sales to some $25 billion in 2021, data from market tracker DappRadar showed.
Blockchain for Emails: What are the Benefits?
Blockchain has an array of benefits that could solve some of the problems in the email marketing field. Eliminating spam and enhancing privacy are some of the major benefits of this technology.
FinCEN Director Warns Crypto Firms Are Not Above Anti-Money Laundering Laws
Speaking at the University of Georgetown, Kenneth Blanco, FinCEN (The United States Financial Crimes Enforcement Network) Director, blasted the crypto firm by informing them that they are not exempted from the anti-money laundering laws.
BitMEX to Launch Platform Token BMEX by the End of 2022: CEO
The CEO of BitMEX announced it will launch its exchange token BMEX by the end of this year, citing that the present market conditions are not ideal enough.
Circle Launches Circle Research with Perimeter Protocol
Circle launches 'Circle Research' to further technical innovation in crypto, blockchain, and Web3 through open-source research. The initiative's first contribution, Perimeter Protocol, sets a new standard for building on-chain credit markets. Circle releases the Perimeter white paper and public GitHub Repo to advance open protocol transacting with a focus on credit, catering to a wide range of credit scenarios.
FCC Targets AI-Generated Voice Scams Under New Proposal
FCC Chairwoman Jessica Rosenworcel proposes making AI-generated robocalls illegal under the TCPA, aiming to combat fraud and misinformation. The initiative follows incidents like misleading robocalls in New Hampshire, with broader measures to protect consumers and enhance enforcement tools for law enforcement.
Ethereum to Launch Another Testnet for ETH 2.0 After Spadina Fails to Achieve Finality
Ethereum developers announced that they will be launching another testnet next week, dubbed Zinken, following the low participation rate on Spadina.
African Crypto Traders Get a Community-Driven Token Created By CYF
African development-focused platform CYF, or Community Yield Farming has developed a community-driven token solely for crypto traders in Africa.
SEC Delays Decision on Overstock-Backed Security Token Exchange
The SEC has extended the timeline for its to disapprove or approve operations by the BSTX, a security token exchanged affiliated with Overstock’s blockchain arm tZERO.
Ethereum User Pays $9,500 In Transaction Fees to Send $120 of ETH
An Ethereum user has found himself paying $9,500 in transaction fees to send only $120 of Ether.
InvestHK unveils Global Fast Track Programme to boost fintech development with Hong Kong's proven market resilience and fintech opportunities
Invest Hong Kong (InvestHK) today (August 10) unveiled the Global Fast Track Programme, a business-driven programme within Hong Kong Fintech Week (HKFW), Asia's annual flagship fintech event,to help local and global fintech enterprises leverage Hong Kong's proven resilience and fintech opportunities to scale business and accelerate innovation.
Why You Should Use Invictus Capital’s C10 Fund to Buy the Dip
Recently, the cryptosphere has garnered plenty of media attention with bulls, bears, advocates, and cynics all indiscreetly butting heads.
Crypto Tax Automation Platform Koinx Secured a $1.5M Seed Round
On July 5, Koinx, a crypto tax platform focused on providing tax automation for crypto users, announced the completion of a $1.5 million seed round.
Hard-fork to be Deployed Within 24 Hours of The Merge: Ethereum POW
EthereumPoW (ETHW), the splinter of the proof of work from the Ethereum blockchain, announced its plan to launch a hard-fork mechanism within 24 hours after the Merge.
April 27: Not Out of the Woods Yet
How do we trade? Stick to the same plan as last Friday, buy BTC around $6,800 to $7,200 region and stay on the sidelines.
WeBank Blockchain Patents Filings Rank Third Highest Globally for 2019
China’s WeBank is leading the global banking community in banking technology patents jumping ahead of US giants JP Morgan Chase and Bank of America with 632 filed patents in 2019.
What are the Top 5 Blockchain Market Events to Watch in Q2 2020?
Looking ahead to Q2 2020, what are the top 5 blockchain market events to watch? This article provides a simple guide for you!
Advancing CBDC: Bank of Canada In Search of Digital Currency Economist
The Bank of Canada is in search of an economist with expertise in digital currencies and financial technologies to help advance its CBDC drive.
AIBC gets back to business with limited free early bird tickets
Malta AIBC Summit 2020 will take place November 18th – 19th, 2020 at the Malta Fairs and Conventions Centre in Ta’ Qali. Positioned at the cutting edge of a very competitive industry, the event has evolved since 2018 into one of the world’s leading events for blockchain and emerging tech, operating on both a European and world stage. In 2019, Malta AIBC Summit welcomed over 12,000 attendees from over 80 countries, and in 2020 this favourite in the global emerging technology event calendar is set to continue growing.
KuCoin Exchange Launches its Meta Office As KuCoin’s First step on Metaverse
KuCoin Exchange has announced it will launch virtual offices in a visually stunning virtual reality skyscraper called Bloktopia.
Blockstack’s STX Token Starts Trading on KuCoin Today
Blockstack is increasing its presence in Asia with the addition of its token Stacks (STX) to popular Asian-based cryptocurrency exchange KuCoin.
Exciting AI Efficiency: Blending Smaller Models Surpasses Large Counterparts
A new study introduces "Blending" - combining smaller AI models to match or surpass larger counterparts like ChatGPT, showcasing enhanced efficiency and user engagement.
Coinbase is challenging the U.S. Treasury over the recent tornado cash sanctions
Coinbase is suing the U.S. Treasury for listing Tornado Cash on the SDN List, arguing it violates digital privacy and regulatory authority in the cryptocurrency sector.
AI Chatbots Set to Revolutionize Fast-Food Industry
Wendy's and other fast-food chains are partnering with tech companies to develop AI chatbots that use natural language processing to take drive-thru orders. This technology has the potential to significantly improve customer experience and streamline operations in the fast-food industry.
Bitcoin and Anonymous Tokens Used in Illicit Child Porn Activities—Crackdown by Spanish Authorities
According to a recent report by Guardia Civil, Spanish authorities arrested several individuals involved in illicit crypto-driven child porn activities. Within the Kiru criminal operation ring, a man was detained for abusing his stepdaughter and using her to generate content for an illegal child porn website. Digital payouts were then made to an offshore account.
R3 Partners with Dubai Fintech Firm to Revolutionize the Sukuk Market
Enterprise software firm R3 recently entered into a strategic partnership with a Dubai-based fintech firm, Wethaq. The partnership aims to bring together a platform for issuing and trading Sukuk securities by utilizing R3 Corda’s blockchain.
Walmart Files Patent Application for Blockchain-Based Drone Communications
The American commerce giant Walmart filed for a patent application for a drone communication system entitled “Cloning Drones Using Blockchain” in January 2019. The United States Patent and Trademark Office published the patent on August 1.
Bitcoin Falls to the Lowest Level since Dec 2020
Bitcoin has fallen to its lowest level for a year and a half, trading around $25,344 at the time of writing, according to data from CoinGecko.
German Policymakers Cannot Accept Facebook’s Libra
The German cabinet is expected to adopt a comprehensive blockchain strategy with the aim of digitally enhancing its economy. The strategy also consists of plans to tackle risky new technologies such as Libra, which German policymakers fear could become an alternative currency.
John McAfee is Having a Fascinating Time in Spanish Prison Says it's "Not That Bad"
John McAfee is having and interesting time in Spanish prison while awaiting his extradition to the United States.
HSBC and Wave Facilitate Blockchain-Powered Trade Between New Zealand and China
HSBC and Wave facilitated a blockchain trade transaction for the shipment of milk powder from New Zealand dairy processor Fonterra to China’s Sichuan New Hope Trading.
Ripple May Dump Over 96 Million XRP Soon
Ripple's strategic handling of 240M XRP in December 2023 stabilized the market and may influence future cryptocurrency dynamics.
Chinese Government Releases First-Ever Blockchain Application Blueprint, Continuing on its Major Tech Push
The Chinese government has released its first-ever blockchain application blueprint regarding government services in the country. According to Beijing’s blueprint, 140 government services applications are already on blockchain and are divided into three categories, including data sharing and exchange, business collaborative processing, and electronic certificate and certificate storage.
Banking on Blockchain: FinTech and Digitalization Will Play a Significant Role for the Chinese Banking Industry
China’s banking industry for small to medium-sized enterprises (SMEs) will rely on digitization and financial technology to build a “new infrastructure” for the entire industry. Highly endorsed by the country’s president, Xi Jinping, blockchain technology has seen a surge in popularity in the past year.
BitKub CTO Fined by Thai SEC For Insider Trading Offenses
Samret Wajanasathian, the Chief Technology Officer of BitKub, has been fined by the Thai Securities and Exchange Commission (SEC) in a rare insider trading case in the local crypto ecosystem.
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?
Alien Worlds Takes the Helm as the Top Blockchain Game, Approximately 11 Million Daily Transactions
Alien Worlds has emerged as the leading blockchain game with nearly 11 million daily transactions undertaken by more than 700,000 monthly active users.
NexChange Interview Series: Alicia Garcia-Herrero, Part 2
“Digital assets are the future. We just need time to get there.”
Gmail Enhances AI Email Drafting with Voice Input
Google is set to revolutionize Gmail with the integration of a voice input feature in its AI-powered 'Help Me Write' tool, enhancing the email drafting process and reflecting the evolving role of AI in digital communication.
Bitcoin Recovers from Plunge Triggered by Confirmation Hearing for SEC Chair Nominee Gary Gensler
Bitcoin (BTC) dipped after Gary Gensler said that it was a challenge for the SEC to keep cryptocurrency markets free of fraud.
Meet the FinTech Entrepreneur: Co-Founder of FinFabrik, Florian Matthaeus Spiegl
There has been a lack of innovation and digitization in the capital market systems, we sat down with Florian Spiegl, the Chief Operating Officer of FinFabrik in Hong Kong, to explore his journey from the traditional capital markets industry to the new modern digital space. FinFabrik, a start-up focused on bridging the gap between the traditional financial markets and the digitization of assets has come a long way helping institutions to digitize illiquid and alternative assets.
WEF Proposes Interoperable Stablecoins as Building Blocks for a Sustainable Global Economy
Stablecoins and the technology underlying them will be the building blocks of a more sustainable, inclusive and resilient global financial system according to the World Economic Forum (WEF).
Bitcoin Flash Crashes to $48K Amid Panic over Cryptocurrency Taxation
After Bitcoin (BTC) hit the latest all-time high of $64,895 on April 16, it has been showing a downward trend, expanding its decline to its lowest level since March at $48,338.
Lightnet Group Lands $50M to Help Scale Velo Blockchain Protocol
Global investment firm LDA Capital has committed $50 million to Lightnet Group, a blockchain financial technology startup to help in building out its infrastructure.
Visa Reports Record-Breaking Cryptocurrency Thefts in 2022
Visa's biannual threat report reveals that over $3 billion was stolen in cryptocurrency thefts in 2022, with token bridges being a common target. The report also details a phishing campaign targeting crypto exchanges.
Blockchain Investment Dropped 60% in 2019 despite Bitcoin's Bullish Run
Blockchain investment dropped 60% from a record 4.1 billion in 2018 to 1.6 billion this year, according to the findings of CB Insights reported on Bloomberg 18 July.
Italian Town Spearheads Blockchain-Propelled Waste Management
Miglianico, an Italian town in the Abruzzo region, is famous for its wine production based on its expansive vineyards. The city is planning to establish a new blockchain breakthrough by being the first town in the country to incorporate distributed digital ledger technology for its waste management solutions.
GoSats Pairs with NPCI to Launch a New Bitcoin Cashback Reward Card in India
The Bitcoin Rewards app GoSats has partnered with the National Payments Corporation of India (also known as NPCI) to launch a new cash-back reward card in India.
10% of Ethereum Supply Staked in ETH 2.0 in Anticipation of The Merge
Ethereum 2.0, which was recently renamed the consensus layer, continues to gain steam because 12,059,714 ETH has been staked in this deposit contract.
FTX's $477 Million Heist: A Trail of Blockchain Clues Unearthed
The FTX hack in November 2022 saw $477 million vanish, with the elusive thief later laundering assets through decentralized exchanges and cross-chain bridges like RenBridge and THORSwap. As the trial of FTX's CEO Sam Bankman-Fried commences, the thief, still unidentified, resumed moving the stolen assets, converting Ether to Bitcoin. Blockchain analytics firm Elliptic sheds light on this crypto mystery, unraveling the blockchain trail and revealing the thief's laundering tactics.
Indonesian Crypto Exchange Pintu Raises $113m with Backing from Investors
Indonesia's Pintu was backed by several investors who helped the cryptocurrency exchange raise $113 million in a Series B funding round, The Block reported.
Red Cross to Help Disaster-Riddled Communities in Kenya via Blockchain
Red Cross is eyeing to use blockchain-backed “local currencies” to help revitalize poor communities and establish a thriving economy on the foundation of smooth trades. As a result, the Red Cross societies of Kenya, Norway, Denmark, will be partnering to steer this initiative.
Cathie Wood's Ark Investment Has Partnered with 21Shares for a Joint Bitcoin ETF
Cathie Wood, a top wall street investor and founder and CEO of ARK Investment management firm, has cooperated with 21Shares to apply for the Bitcoin ETF-Ark21Shares ETF jointly.
Axelar Partners With LongHash Ventures to Launch Its First Global, Cross-Chain Accelerator Program
LongHash Ventures, Asia’s first Web3 Accelerator and one of Asia’s leading Web3 venture funds, today announces its partnership with Axelar, a cross-chain communication network for Web3, to launch the LongHashX Accelerator Cohort 10 Axelar Cohort.
Bitcoin Flash Crashed to $51K,Triggering a $9.32B Liquidation - What's Next?
After Bitcoin fell below the previous support level of $60,103 yesterday, it plummeted from $60K to around $51K, incurring a loss of around $9,000 in just four hours and creating the largest reversal record since February.
Chainlink Rebounds While Large-Cap Altcoins Lag Behind, DeFi Market Reaches $10B in Total Value Locked
Chainlink (LINK) has been making over 18 percent gains in the past 24 hours, taking the lead ahead of most of the large-cap altcoins and Bitcoin.
Hong Kong to Release Cryptocurrency Exchange Licensing Guidelines
The Hong Kong Securities Futures Commission (SFC) plans to release guidelines for cryptocurrency exchange licensing next month, in support of trading services to retail investors by June 1. AML/KYC regulatory requirements were key considerations in the consultation process. Some trading platforms have already received licenses, while others have chosen to cease operations.
Could DeFi’s Yield Farming Craze Hinder Ethereum 2.0’s Upcoming Launch?
According to a report by ConsenSys, high yields gained from DeFi protocols running on the Ethereum blockchain may be problematic for ETH 2.0 in the long run.
Thailand's Market Watchdogs Suggest Crypto Regulation to Avoid Threatening Financial Stability
Regulators in Thailand, including The trio of the Bank of Thailand (BOT), the Securities and Exchange Commission (SEC), and the Ministry of Finance (MOF), issued a joint statement on cryptocurrencies that threaten the local financial ecosystem.
Strong Resistance For Bitcoin on its Path Towards $40K Lies at $37K
Data science firm IntoTheBlock believes that Bitcoin has to breach the $37,000 level because it is a significant stumbling block on its journey towards $40,000.
Ripple's Biggest Achievements and Setbacks of 2020
2020 has been a big year for Ripple. Here is a sneak peek of the firm's accomplishments and mishaps of 2020.
Omicron Soares to an ATH, amid the Covid-19 Pandemic Variant Outbreak
The price of one tiny cryptocurrency, coincidently named Omicron (OMIC) after the fast-spreading Covid-19 variant, has soared to an all-time high.
Coinrule Unveils AI-Driven Marketplace to Simplify Automated Trading
Coinrule has launched an AI-driven Marketplace, offering pre-built trading strategies and customization. The platform aims to simplify automated trading for all experience levels.
Binance and Changpeng Zhao Seek Permission to File Excess Pages in Response to CFTC Complaint
Binance, Changpeng Zhao seek court's permission for extended response to CFTC complaint amidst increasing scrutiny from US regulatory agencies.
Coinbase Bolsters Advisory Board with Security Experts
Coinbase has enlisted four national security experts to its Global Advisory Council, including former U.S. Secretary of Defense Mark Esper, former U.S. Representative Stephanie Murphy, Counterterrorism Advisor Frances Townsend, and strategist David Urban.
Riddle&Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3
Riddle&Code, one of Austria’s fastest-growing startups, has established a new path of digitalization for industrial companies with its evolved purpose - onboarding industries to Web3. For many industrial companies it is challenging to transition into the new standards and find their way in the Web3 universe, often delaying entry into new potential business models. With this new technology from Riddle&Code, it is possible to tokenize industrial machines, create new crowdfunding opportunities, and provide trusted data.
Primex Finance Launches Its Beta Version, Letting Users Experience Its Cross-DEX Trading Features
Primex Finance, the first-ever cross-chain prime brokerage protocol, launches the Primex Beta on the Ethereum Goerli testnet. The Beta version allows users to experiment with the protocol’s cross-DEX spot margin trading. With the Beta launch, Primex also introduces the new Referral Program for early users, offering benefits to early registrants and referral-based rewards.
Bullish.com to Layoff Staff amid Market Downturn
Cryptocurrency exchange Bullish.com has joined other crypto companies in making layoffs to tackle the massive market downturn.
Pop Culture Collectibles Firm Funko Launches Game of Thrones NFT
Fantasy-themed TV series "Game of Thrones" launched its NFT through the US fashion play giant Funko, which will be released on October 4 on the NFT platform Droppp.
Crypto Whales Load Up on XRP, Anticipation for a Surge to $0.30 Escalates
Ripple (XRP) prices have risen by more than 2% in the past 24 hours on CoinGecko, kickstarting the week with a bang.
StarCard Sports Games Launches “Legends” Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos
StarCard Sports Games (SCSG), the creator of New World Football Alliance, a play-to-earn football (soccer) video game marrying blockchain with social impact and environmental initiatives, announced today the launch of their Legends platform. This is a series of real-world and in-game partnerships between SCSG and some of the most iconic names in football history, including Ashley Cole and Roberto Carlos. These partnerships will be reflected in StarCard Sports Games’ new title, “New World Football Alliance,” as well as through the creation of NFTs and the curation of real-world events around the globe.
Binance Liquidates Entire FTT Holdings
Binance is liquidating its remaining FTT holdings, according to the crypto exchange CEO Changpeng "CZ".
NYC Mayor-Elect Adams Says He Will Take First 3 Paychecks in Bitcoin
New York City Mayor-elect Eric Adams, a cryptocurrency proponent, made a landmark statement saying that he will take his first three paychecks in Bitcoin when he takes over City Hall in January.
Coinbase Q3 Financial Data Lower Than Expected, Stock Falls
Coinbase's Q3 financial data revealed that the total net income and the earnings per share owned by shareholders were lower than what analysts had expected.
BNB Chain Launches $160K Incentive Program for BSC Projects in Second Phase
BNB Chain unveils Phase 2 of its TVL Incentive Program, offering a prize pool of up to $160K for BSC projects to boost ecosystem growth.
40 Public Firms Invest around $6B in Blockchain Industry: Blockdata
Google's parent company Alphabet has become the top investor in the blockchain industry, according to a research report released by the blockchain market intelligence agency Blockdata.
What is HyperWrite AI?
HyperWrite AI is an AI-powered writing assistant that improves efficiency and creativity by offering autocomplete, sentence rewriting, grammar enhancement, customization, and integration with various platforms. It caters to diverse fields and offers various pricing plans.
CoinDesk Under Fire for Retracting Articles on Justin Sun and Chainalysis
CoinDesk, a prominent cryptocurrency news source, has been accused of retracting articles criticizing industry players, raising concerns about its commitment to balanced reporting and editorial integrity, highlighting the need for objective reporting.
Several Cryptocurrency Firms Suffer Domain Cyber-Attacks Due to GoDaddy Employee Error
Malicious actors gained control of domains owned by several cryptocurrency firms after tricking GoDaddy employees.
Bank of Thailand to Start Retail Test for its Retail CBDC
The Central Bank of Thailand also known as the Bank of Thailand (BOT) plans to begin a pilot study of Retail central bank digital currency (CBDC)
Yann LeCun Discusses AI Progress and Quantum Computing at FAIR's 10th Anniversary
Yann LeCun of Meta AI discussed the future of AI, highlighting Nvidia's hardware dominance, skepticism about human-level AI and quantum computing, and Meta's focus on multimodal AI systems.
Entertainment Platform CHILI Partners with Coinbar to Accept Crypto Payments
European entertainment video-on-demand platform CHILI has announced a partnership with blockchain fintech firm Coinbar to accept Bitcoin, XRP, DigitalBits and Tether for purchases.
Woman Arrested for Bitcoin Murder-for-Hire Deal with Dark Web
A Nevada woman has been charged with a murder attempt in which she paid a hitman Bitcoin in exchange for killing off her ex-husband.
Will Bitcoin Replace Gold as A 'Traditional Safe-Haven Asset?' Experts Debate
Nigel Green, CEO, and founder of financial consultancy firm deVere Group, addressed Bitcoin’s bullish traction on the crypto market and boldly stated on his Twitter platform that the cryptocurrency was potentially going to “knock gold from its long-held position” of being a safe-haven asset.
Blockchain in healthcare symposium Abu Dhabi 2020
Blockchain in Healthcare Symposium Event Overview
Cardano’s ADA Becomes Third Largest Cryptocurrency by Market Capitalization
Cardano’s ADA has become the third largest crypto asset by market cap.
Union Bank of the Philippines to Enhance Crypto Trading & Custody Services
Union Bank of the Philippines plans to choose Metaco and IBM to enhance cryptocurrency trading and custody services, taking advantage of the Asian country's rapid adoption of digital tokens.
Benjamin Quinlan: New Chairman of FinTech Association of Hong Kong Shares Vision for FTAHK 2.0 and the Future of Asia's FinTech Ecosystem
The FinTech Association of Hong Kong has elected Benjamin Quinlan as Chairman to lead it through the next chapter of its mission to foster the FinTech ecosystem in Hong Kong and Asia.
JPMorgan Conducts Strategic Investment to Blockchain Firm TRM Labs, Expanding Crypto Business
Financial tycoon, JPMorgan Chase (JPM), said it is making a "strategic investment" in San Francisco-based blockchain intelligence platform TRM Labs, aiming at expanding the crypto business.
Paystand Acquires Accounts Payable Startup Yaydoo
Paystand said Yaydoo reinforces its strategic tools, local operations, and an unmatched presence in many of the attractive markets overseas.
Thoma Bravo Contributes $70m for Blockchain Intelligence Firm TRM Labs
Private equity firm Thoma Bravo has contributed $70 million in funding to Blockchain-based intelligence company TRM Labs’s series B funding round, totalling the amount raised to $130 million.
Jul 10 Trading Analysis: When bitcoin sneezes, the crypto world catches a cold
With escalating covid19 cases in some US states (esp Florida, Texas, California and etc - it's very hard to ignore that when the cases keep rising), Oil now back to below $40, lack of any macro news tonight and some technical exhaustion signs on equity indices, I think US stocks will trade weak tonight; and I think there is a likelihood that S&P will likely close near the BIG 3k level.
Jamaica on Track to Launch CBDC, says Jam-Dex
The Jamaican Decentralized Exchange (Jam-DEX), the official name of the Jamaican CBDC is set to go live for domestic use later this month, according to Bank of Jamaica Governor Richard Byles.
VARA Issues New Guidelines for Virtual Asset Service Providers in Dubai
VARA's "Full Market Product Regulations" comprise four mandatory and activity-specific rulebooks for running VASPs.
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
Avalanche Foundation Announces $4m Incentive Program for Trading Platform GMX
Avalanche Foundation has announced it will grant a $4 million incentive in AVAX tokens for the growth of the decentralized trading platform GMX.
CEO Of BTCS Explains How The Company Surpassed $1M In Crypto Assets
BTCS Inc. is a publicly-traded cryptocurrency and blockchain company that recently surpassed the $1 million milestone in crypto assets under management (AUM). The landmark achievement comes after crypto prices recovered from the mid-March slump (Black Thursday). Reports indicate that Bitcoin-focused crypto hedge funds are outperforming their more-traditional counterparts. BTCS plans to pursue a measured approach to diversifying its current cryptocurrency holdings. BTCS shares are up more than 215% year-to-date.
Ethereum Devnet 10 Testing Paves Way Towards Mainnet
Recent devnet 10 testing on Ethereum revealed a stable network under normal conditions, although some bugs were identified. Stress-testing exhibited increased CPU and RAM usage on some clients. The conversation around forking timelines for testnets and transitioning to mainnet was initiated, with more discussions to follow in the upcoming ACDC meeting on November 9.
Kraken Hires Gemini Executive Blair Halliday As UK’s Managing Director
Halliday comes with solid experience that will help empower digital transformation at Kraken.
Coinsfera Enables Users to Trade USDT in UAE through OTC
Coinsfera, the global OTC digital asset trading platform, announced that it enables users to trade stablecoin USDT in Dubai.
Burger King Brazil Accepts Dogecoin as a Payment Method for Purchasing a Dog Snack "Dogpper"
The Brazilian branches of Burger King, an American premium fast food service company, officially announced yesterday that it will accept Dogecoin as a payment method for the purchase of a dog snack called "Dogpper".
White House Top Tech Adviser Holds Millions in Bitcoin
Timothy Wu, a top technology and competition policy adviser for the White House, is identified to be a bitcoin millionaire. Politico featured the tech adviser for the Biden administration and quoted his personal financial disclosure.
Ethereum Team Leader Critiques University's Apathy Towards Crypto Education
Ethereum head, Péter Szilágyi, expressed frustration over his alma mater's lack of interest in blockchain technology, contrasting with global demand for blockchain education driven by major corporations and student interests.
Dorsey's Block Sees Shares Close at More Than 8%, Marking 52-Week Low
Block shares closed down more than 8% as it marked a 52-week low on Wednesday.
Follow up: Almost 300,000 Addresses Hit in Binance Dusting Attack Launched Against Litecoin
Cryptocurrency exchange giant Binance alleged that a dusting attack had been launched on Litecoin (LTC). Being the fourth-largest altcoin, this had gained substantial attention amongst cryptocurrency proponents.
Authorities Uncover Illegal Bitcoin Mining Farm In Kyrgyzstan
Federal authorities have uncovered a large illegal Bitcoin mining site in Kyrgyzstan in the territory of the Bishkek Free Economic Zone.
Doge Army Wins Hot Doge Wieners Bidding for $15,001, Breaking Guinness Record
Food industry leader Oscar Mayer owned by the American food company Kraft Heinz officially tweeted that DogeArmy has pushed the price of its Hot Doge Wieners to $15,001.00.
Vitalik Buterin Presents Ethereum 2.0: The Three Things You Need to Know
Vitalik Buterin, having recently attended DevCon 5 held in Osaka Japan, visited Hong Kong at the Hong Kong Jockey Club University of Chicago Academic Complex, at an Ethereum Meetup hosted by the Polsky Center for Entrepreneurship and Innovation at The Hong Kong Jockey Club University of Chicago Academic Complex | The University of Chicago Francis and Rose Yuen Campus in Hong Kong along with the Fintech Association of Hong Kong.
Binance Snaps Up the In-principle Approval to Trade in Kazakhstan
Binance has received the authorization to trade in Kazakhstan after snapping up the In-Principle Approval from the Astana Financial Services Authority (AFSA).
Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023
USD coin issuer and digital financial technology firm, Circle, is now set to expand its Euro Coin and its cross-chain transfer protocol to the Solana ecosystem in the first half of 2023.
Ethereum Gains $10M Investment as 20% of ETH 2.0 Target Staked, Vitalik Buterin Discusses Expectations
With just a week and a half to go before Ethereum 2.0’s launch, the number of staked Ether (ETH) have been growing slowly, recently just topping 100,000.
House Stablecoin Bill to Seek Two-year Ban on Issuing New Algorithmic Stablecoins
U.S. House of Representatives is drafting a new bill to impose a two-year ban on issuing new algorithmic stablecoins similar to TerraUSD (UST), according to Bloomberg.
DLive Introduces Decentralized Video Streaming to Increase Customer Base By Over 50 Million Monthly Users
DLive has partnered with Theta Network to offer decentralized video streaming to users.
Crypto Bull Anthony Pompliano Reveals That 80% of His Wealth Is Bitcoin
Anthony "Pomp" Pompliano, the co-founder of Morgan Creek Digital and host of the Pomp podcast show, disclosed that 80% of his wealth was allocated to Bitcoin.
Deloitte seeks crypto experts
Deloitte is actively seeking individuals with cryptocurrency expertise, with over 300 job openings in the United States, including positions such as Blockchain & Digital Assets Manager and Tax Manager, Blockchain & Cryptocurrency. The firm signals its continued support and interest in Web3 and crypto.
"Buckle Up" For Bitcoin's Next Bull Run, Cameron Winklevoss Says
Gemini co-founder Cameron Winklevoss believes that the next Bitcoin bull run coming up will be "dramatically different,” due to the innovative financial resources that crypto investors have access to nowadays and to the current economic infrastructure.
Cause for Concern? Ethereum's 15 Minutes of Extreme Volatility Explained
Ethereum’s price on the crypto market underwent a lot of fluctuations in the span of 15 minutes yesterday, causing quite a stir in the crypto community.
Delegated Proof of Stake Blockchain Accumulate (ACME) Releases Governance Documentation
Delegated Proof of Stake (DPoS) blockchain Accumulate has released its official governance documents. These detail the network’s constitution, its list of stakeholders, and the various rules and policies that govern both the protocol and the community. They also outline the primary role that the ACME token will play in the protocol’s development.
In Blockchain We Trust? New Paths to Religious Consensus
Religion, technology, blockchain, and AI. Deep, far-reaching concepts come together in mysterious and fascinating ways to form the basis of new religious and faith movements.
Crypto-Related Cybercrime Saw 30% Increase in 2021: Chainalysis
Blockchain analysis firm Chainalysis said that there was a 30% increase in cryptocurrency-related cybercrime last year from 2020.
Bitcoin’s Average Coin Dormancy Hits a 3-Month High
Bitcoin's average coin dormancy has been going through the roof based on the current consolidating market.
Gemini Enters Wealth Management After Acquiring BITRIA
Gemini announced that it has acquired BITRIA to provide a digital asset ecosystem for wealth management institutional asset managers.
National Australia Bank to Launch Ethereum-Based Stablecoin
NAB will introduce an Ether-based Australian dollar-pegged stablecoin. Reports say the AUDN stablecoin streamlines cross-border transfers and carbon credit trading.
THORSwap Resumes Operations with Enhanced Security Measures to Combat Illicit Funds Transfer
THORSwap, a decentralized exchange (DEX) leveraging the THORChain protocol, resumed operations on October 13, following a temporary shutdown to address concerns of illicit funds transfer. The platform has enhanced its security measures, updated its terms of service, and partnered with an industry leader to prevent the movement of illicit funds. Although the move was met with mixed reactions from the community, it underscores THORSwap's commitment to providing a secure trading environment amid rising regulatory pressures in the DeFi sector.
Meta Lifts its Crypto Advertisement Banning Policy
The social networking giant meta, previously known as Facebook, said on Wednesday that it would withdraw its policy of banning most cryptocurrencies from advertising on its social platforms.
Chainalysis Research: Crypto Assets Worth $50 Billion Exited China in 2019
Tether and cryptocurrency assets valued at nearly $50 billion left China in 2019 according to Chainalysis.
Bitcoins Used in Facebook Scheme to Scam Suicidal Victims Into Buying Drugs
A cybercriminal ring operation has been inciting Facebook users to employ Bitcoin and other cryptocurrencies, in exchange for drugs. This investigative report from the UK depicts the strategic techniques used to track down the unknown villains operating behind this devious scheme.
Revolutionizing the NFTs- Telept City Launches Cutting-Edge AIGC NFT Platform for Web3
Telept Inc., a Web 3.0 startup, has announced today the launch of a ground-breaking first-mover Web PC platform Telept City, which empowers participants to create one-of-a-kind AI generated Non-Fungible Token (NFT) called X-Native. With its cutting-edge AI Generated Content (AIGC) image generation model that has undergone rigorous fine-tuning utilizing a vast database of images, and coupled with an intuitive game-like user interface, provides a novel and accessible AI Web 3.0 experience for participants of all levels.
How Can Blockchain in IoT Market Grow 180 times by 2026?
Internet of Things (IoT) is now influencing our day-to-day lives. Today, blockchain has emerged as the probable solution for creating more secure IoT systems. With delegation in place, computation and storage needs can be spread across millions of IoT devices. Thus, the use of blockchain in IoT is benefiting the IoT devices to proficiently scale up. Also, assimilating the blockchain in IoT devices can cut the costs of managing and installing servers for an IoT network.
Polkadot: A Decentralized Center for Specialized Blockchain Interoperability
Polkadot could be one of the most carefully crafted blockchain projects to date, allowing for better coordination and communication between blockchains.
FTX Wins Bid to Take Over Bankrupt Voyager's Assets
FTX took over bankrupt crypto brokerage Voyager Digital Ltd.'s assets after winning an auction with a bid of about $50 million, the information was shared by people familiar with the matter.
Singapore-based Online Press Initium Media Accepts Membership Subscription in Crypto
Online Chinese-language press Initium media announced the digital media platform had accepted cryptocurrencies to pay for membership subscriptions.
Voyager Secures Approval to Return $270M to Customers
Crypto firm Voyager Digital Holdings Inc. is set to return $270 million in customer cash, the Wall Street Journal reported.
Google Forms New Team to Shape Blockchain Venture
Google's venture into the blockchain and related technologies is beginning to shape a new formation of a dedicated group under an engineering vice president.
Web3 Music Platform Coop Records Raises $10 Million
Coop Records, a Web3 music-focused platform founded by NFT song collector Cooper Turley, has raised $10 million, according to Billboard.
Iran to Pump Liquidity in Economy by Permitting Power Plants to Mine Bitcoin
Iran has given power plants the green-light to undertake Bitcoin mining on a large scale as this will spur economic growth from the revenue generated. Nevertheless, interested parties must adhere to various regulations like not using subsidized fuel to extract Bitcoin and other cryptocurrencies.
1INCH Hits a New All-Time High
1inch, a decentralized exchange (DEX) aggregator, today announced that 1inch Network aggregated liquidity of MDEX on Binance Smart Chain (BSC).
Foodpanda Goes Blockchain for Digital-Out-of-Home Advertising Enabled by the Zilliqa Blockchain
The aim of the new blockchain-enabled pilot has been identified as being present across offline moments when consumers make their decisions on food delivery.
Allianz Advances with Blockchain-Based Token System
As the growing adoption of blockchain technology approaches the mainstream enterprises, the insurance giant, Allianz has also entered the blockchain sector.
China Guangzhou Public Transport Launches Digital RMB Payment Function
China's Guangzhou became the first city to launch a pilot function of a digital RMB payment code to pay for bus rides.
Hong Kong HKMA Advances CBDC Development with Phase 2 of e-HKD Pilot
The HKMA has initiated Phase 2 of the e-HKD pilot program, focusing on the tokenization and programmability of digital currency.
South Korea Sets Up Panel to Accelerate CBDC Launch
In a bid to keep up with global trends in the development of a Central Bank Digital Currency, South Korea launches a 6-man panel to review regulatory issues
SWIFT Payment System Embraces Blockchain Technology
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is making a targeted move to integrate blockchain technology in a bid to drive efficiency in some of its international financial operations.
What to Expect of Cryptocurrency and Bitcoin Trends in 2021
With Bitcoin rising to new heights, the cryptocurrency’s sustained price rally on the markets may be indicative of what may be in store for it next year.
Ethereum's Vitalik Buterin Considers Creating App Store After Google Demands 30% Cut
Ethereum founder, Vitalik Buterin considers competing with Google Play and Apple's App stores dominance.
Blockstream Samson Mow on Scalability: Bitcoins are Tanks while Altcoins are Bicycles
Towards the end of 2017, the cryptocurrency market was in a state of delirium. Bitcoin set record price after record price and reached a peak of around $20,000 USD per token. During this market frenzy, a huge issue long-suspected by educated developers was finally revealed—the bitcoin network had become overloaded and was running against the limits of its capacity, unable to scale beyond seven transactions per second.
OneConnect Launches Blockchain Integrated Dual Carbon Innovation Lab
OneConnect Financial Technology Co. Ltd. has announced the launch of the Innovation Laboratory of Carbon Emission Governance Blockchain and Energy Technology (the “Dual Carbon (carbon peaking and carbon neutrality) Innovation Laboratory”).
Binance Lauches NFT ticketing Solution with Italian Football Club S.S. Lazio
Cryptocurrency exchange Binance has announced a partnership with Italian football team S.S. Lazio for an NFT ticketing solution, a new feature that will help Lazio fans to enjoy new digital tickets with non-fungible tokens in an easy and fair while more reliable way.
Why Energy Experts are Watching the Crypto Market Closely
Words like Bitcoin and Oil Market seem to have no correlation between them. However, given the kind of small world we are living in, there's more than meets the eye. Check out this article which explains the perfect correlation between Bitcoin and Oil Market and why energy experts are keeping a close watch on the crypto market.
Jamaica to Launch Central Bank Digital Currency in 2022
Jamaica’s Minister of Finance Nigel Clarke has announced that the country intends to launch its central bank digital currency (CBDC) in 2022.
Midjourney V6 Alpha Unveils Major Enhancements: A Leap in AI-Driven Image Generation
Midjourney's V6 alpha update, a significant advancement in AI-driven image generation, offers enhanced prompt interpretation, smarter generation, remixing, improved upscaling, and additional image manipulation options. Despite mixed user reactions, the update's detailed, realistic outputs have garnered praise.
What is Grayscale Bitcoin Trust (GBTC)?
The Grayscale Bitcoin Trust is an investment vehicle that is designed to enable investors to trade Bitcoin shares without actually owning BTC.
Thousands of Solana Wallets Hacked, Estimates of Damage Unclear
The hack on Wednesday was executed after a flaw was exploited to suck out cryptocurrencies from 8,000 crypto wallets where owners stored their funds, the Solana Foundation announced.
Bain Capital Ventures Unveils $560 Million Crypto Fund for Blockchain-Focused Tech Startups
Bain Capital Ventures’ crypto fund is designed to accelerate the growth of the crypto economy by backing firms and projects that serve users’ needs.
Riot Blockchain Mined 508 BTCs, Increased 150% in April
The production growth is attributed to Riot Blockchain’s continued investment resources in its plants and advanced mining chips.
Fusion Hacked? CEO Says That 10M FSN Tokens are Gone
The blockchain-based financial platform, Fusion Network has announced a compromised wallet on Sept. 28. The Fusion swap wallet compromise resulted in a theft of 10 million native FSN tokens.
FTX/Alameda's Crypto Portfolio Valued at $1.19 Billio
Lookonchain's analysis outlines the $1.19 billion worth of cryptocurrency holdings by bankrupt FTX/Alameda, with the FTT token leading at $482.98 million. As the crypto market experiences a bull run, these holdings, including BTC and ETH, could significantly influence the bankruptcy outcome.
Can Blockchain Strengthen the Internet of Things (IoT)?
IoT and Blockchain are two disruptive technologies leveraged for numerous technological innovations across multiple industries, but how do they complement each other?
Crowd Sentiment Towards Bitcoin Tends to be More Positive Than Usual
Crowd sentiment towards BTC has been on an upward trajectory because more traders have become optimistic about this crypto asset scaling the heights.
Thailand Plans to Amend Regulations Governing Crypto Assets
Thailand's crypto regulation is under scrutiny as the government plans to amend rules governing digital assets.
WEF Launches Blockchain Proof of Concept to Track Supply Chain Greenhouse Gas Emissions
The World Economic Forum’s Mining and Metals Blockchain Initiative has launched a unique proof of concept to track greenhouse gas emissions across the value chain.
European Investment Bank to Harness Blockchain Technology for Bond Sale
The European Investment Bank (EIB) intends to deploy blockchain technology for selling bonds.
Cardano’s Shelley Hard Fork Has Crossed the Threshold of No Return, Plans for Goguen in October
Cardano’s Shelley hard fork has crossed the threshold of no return, where the system will automatically upgrade at the end of the current epoch, on July 29. IOHK CEO Charles Hoskinson announced in a live stream on YouTube: “The hard fork is a go, and we’re marching towards it. The Shelley era will begin on Wednesday.”
Tencent Receives Patent for Tracing Missing Individuals by Using Blockchain Technology
Chinese tech giant Tencent has revealed that it has been granted a patent for person-seeking notices by using blockchain technology. Its purpose is to boost the search for missing person efficiency.
Brand Connector from Smart Token Labs: connecting brands and NFTs
Smart Token Labs, a Web3 open source software development company, today announced the launch of its newest product, Brand Connector. The first-of-its-kind solution enables any website to recognize and interact with any NFT collection, derivative, or coin. With Brand Connector, Web2 brands can customize content, rewards, and offers by integrating NFTs into their website or loyalty programs.
Greater Bay Area Blockchain Week 2021 to Showcase International Technological Bridges
A nearly week-long premiere virtual event will feature industry leaders discussing the most exciting use cases of blockchain application in fintech, healthtech, investment banking, supply chain etc., as well as strengthen links between China’s own Greater Bay Area and other countries.
JPMorgan Says Younger Investors Tilt Towards Bitcoin While Older Ones Favor Gold
Investment Bank JPMorgan through research by its strategists has discovered that older generation investors favor gold while younger generations embrace Bitcoin and tech-based assets
Elon Musk Confirms Russian Bitcoin Ransomware Attack Targeting Tesla, FBI to the Rescue
Elon Musk confirmed that Tesla was recently targeted in a ransomware attack set to extort $1 million in Bitcoin from the car manufacturing giant.
Binance Labs Wraps Up Incubation Season 6 with Strategic Investments in Seven Blockchain Startups
Binance Labs concludes its sixth incubation season, investing in seven early-stage projects across DeFi, infrastructure, and AI-powered DApps, signaling strong support for innovative Web3 solutions.
US Files Lawsuit to Recover Cryptocurrency Accounts Linked to North Korean Hacking Operation
The US Department of Justice has filed a suit against North Korean state-sponsored cyber hackers for allegedly perpetrating two major cryptocurrency heists.
Bitcoin Anonymity
More than ten years ago, Satoshi Nakamoto created Bitcoin. The aim was to come up with a financial system that included no third-party intermediaries and that’s owned by everyone and no one. Another reason behind Bitcoin’s creation, however, was anonymously transferring funds.
Binance Taps MVP License from Dubai Virtual Assets Regulatory Authority
Binance Exchange has announced it has tapped the Minimal Viable Product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA).
Altcoins Expanding DeFi Ecosystem but Can't Beat Layer 1 King Ethereum: Chainalysis
One of the major investment topics of 2021 was the alternative blockchain networks as big investors are looking beyond Bitcoin and taking a leap into Ethereum.
Leading Sneaker MarketPlace Sets Foot in the Metaverse to Spur Innovations
The Edit LDN, a global sneaker marketplace based in London, has entered the metaverse by developing a premium store to drive its innovation a notch higher.
Ripple is Determined to be Carbon Neutral by 2030
Ripple Labs Inc, the blockchain company behind the Ripple (XRP) coin has declared its intentions to eliminate all of its carbon footprint by 2030.
Taiwan Moves to Ban the use of Credit Cards to Acquire Cryptocurrency
Taiwan through its Financial Supervisory Commission (FSC) has moved to ban the use of credit cards in purchasing cryptocurrencies
WonderFi Completes $30m Acquisition of Canadian Crypto Platform Coinberry
Crypto marketplace WonderFi has completed the $30 million acquisition of Canadian crypto trading platform Coinberry. The acquisition was closed after being admitted to trading on the Tronto Stock Exchange last week.
Ripple Whale Moves 40 Million XRP to Bitstamp Crypto Exchange After Being Dormant for Years
Blockchain analytics picked up an unusual Ripple transfer of 40 million XRP.
Musk Asks McDonald's to Take Dogecoin as Payment
Elon Musk tweeted, saying that he will eat a happy meal on television if McDonald's accepts Dogecoin.
Universal Music Group Calls for AI Music Copyright Protection
Universal Music Group has called for streaming services to block AI services from harvesting melodies and lyrics from copyrighted songs. AI-generated music on Twitter, YouTube, and popular streaming platforms, such as Spotify and Apple Music, has raised concerns about intellectual property rights.
Present-day Blockchain Industry Hindered by Structural Scarcity of Talents
The growth of the current blockchain sector is being hampered by the lack of enough structural expertise.
MAS Proposes New Regulations to Tighten Crypto Business Activities
The Monetary Authority of Singapore (MAS) has published a consultation paper proposing a new set of regulations that may stiffen the emergence and activities of crypto industries in the country. Despite the proactive strides of the MAS towards the development of the country’s central bank digital currency (CBDC), the apex bank is set to reinforce its regulations on digital currencies.
Thailand to Implement In-Person KYC Step for Crypto Exchanges
Thailand has introduced a new method of verifying clients’ identities for crypto exchanges.
Thai Retail Giant to Introduce Crypto Coin for Its Shopping Malls
Thailand's biggest shopping centre developer, Central Retail Corp, is planning to introduce a digital currency among employees.
Neopin Works with Cube Entertainment to Jointly Develop Metaverse Ecosystem
The blockchain platform Neopin has established a partnership with Cube Entertainment, the largest entertainment company in South Korea, to jointly develop the DeFi ecosystem of the Metaverse blockchain.
Social Media - The Good, The Bad, And The Balanced
It’s no secret that today’s world is largely shaped by social media. We post photos of our vacations on Instagram, keep in touch with family on Facebook, and express our public opinions on Twitter or Reddit.
PancakeSwap (CAKE) Launches V4 with $500,000 Developer Program to Enhance DeFi Ecosystem
PancakeSwap V4 debuts with a substantial $3M CAKE token airdrop, introducing innovative features and significant gas cost reductions for its users.
$1 Million in USDT Refunded After DeFi Mistake
Tether CTO Paolo Ardoino announced last Friday, that a group of Chinese traders had mistakenly sent their funds to Swerve, a clone of Curve Finance.
Ukrainian Retailer VARUS Partners with Binance Pay to Launch Crypto Payments
On September 16, Binance announced on its official Twitter that it has cooperated with Ukrainian food chain retailer VARUS to launch cryptocurrency payments.
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.
Apr 15: The Future Influencing The Present
Trading Crypto with Eugene is a series of daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful.
Poloniex to List ETH Potential Hard Fork Tokens in Support of the Merge
Poloniex, one of the world’s largest crypto exchanges, announces that it fully supports the Ethereum Merge with listing of two potential forked ETH tokens: ETHS & ETHW, with commencement date of trading on August 8.
Major US Hospitals Test Blockchain Platform to Streamline Operations
University Hospitals, an American doctors’ network and medical delivery organization has partnered with Axuall, a verification company, to explore blockchain technology in an extensive, nation-wide, medical-related project. As Crains Cleveland reported, the effort will research blockchain technology and its deployment in mechanisms affecting timely healthcare delivery to patients, specifically the creation of workflows and dispatch times. The joint project hopes to reduce the time it takes to connect qualified medical personnel with the growing demand from patients.
Time Magazine to Start Accepting ApeCoin
Time Magazine made an announcement via Twitter that it will start accepting ApeCoin in the coming weeks.
Binance Adds APT/USDC, GALA/USDC, NEO/USDC, OMNI/BRL, and STX/USDC Trading Pairs
Binance introduces new trading pairs and Trading Bots services on its Binance Spot platform, enhancing users' trading experience with more options and automated strategies.
NVIDIA and NSF Launch Groundbreaking NAIRR AI Research Initiative
NVIDIA and the NSF partner to launch the NAIRR pilot, a major initiative to advance AI research in the U.S. by providing resources and promoting responsible AI innovation, strengthening America's global AI competitiveness.
New England Revolution Teams Up with Chain as Official Blockchain and Web3 Sponsor
The National Football League (NFL) New England Patriots, and New England Revolution have chosen blockchain infrastructure company Chain as their official blockchain and Web3 sponsor, and said the partnership will go into effect.
Polygon Partners with NGO OCEEF for Ocean Conservation Initiatives
This collaboration between Polygon and OCEEF aims to offer interactive experiences to facilitate ocean conservation actions.
Web2 and Web3 tools are merging as crypto-backed debit cards
The Bit2Me card supports eight cryptocurrencies, including BTC, ETH, ADA, and SOL, with more anticipated later this year.
Taiwan's ACE Exchange Founder and Associates Face 20-Year Prison Sentences in Fraud and Money Laundering Case
Taiwan's prosecutors are recommending 20-year prison sentences for four suspects, including ACE Exchange founder David Pan, in a fraud and money laundering case involving the cryptocurrency trading platform. The case, which involved 32 individuals, resulted in over 1,200 victims and an estimated loss of 800 million New Taiwan dollars ($24.56 million).
Preventing Future Hacks: Twitter Improves Security Ahead of US Elections
Social media giant, Twitter has revamped its security measures for high profile accounts ahead of the U.S. November Presidential Elections.
Unstoppable Domains Raises $65m in Series A Funding Led by Pantera Capital
The new funding for Unstoppable Domains, which builds digital identity markers as NFTs, now has a valuation of $1 billion.
Coinbase to Release Q4 Results, Crypto Winter Expected to Cause amid Ukraine- Russia War
Coinbase, the largest cryptocurrency exchange in the United States, announced that it will release its fourth-quarter earnings report on February 24, 2022, EST. Wall Street analysts expect a brief winter in the cryptocurrency market due to the Crisis in Russia and Ukraine.
Crypto Charity Elongate Donates $25,000 to Malala Fund
Cryptocurrency-driven Charity organization Elongate announced Friday to donate $25,000 to Malala Fund as seed funding.
Bybit Pairs with Cabital, Providing Trading Service for Crypto
Singapore-based cryptocurrency exchange Bybit has tied with Cabital, allowing users to buy cryptos by using EUR and GBP and enjoy a lower cost.
Commerzbank Applies for Crypto License
After the German commercial bank (Commerzbank) earlier this year applied for license encryption, if they are licensed, will become the country's first major bank to provide encryption currency.
Unprecedented UN Security Council Meeting to discuss AI's Threats and Advantages, Set for July 18
On July 18, the United Nations Security Council is slated to hold an inaugural discussion on the dual-edged sword of artificial intelligence (AI) — its potential perils and merits regarding global peace and security.
LidoDAO is considering selling or staking its $30 million
LidoDAO, the decentralized autonomous organization behind Lido, is considering staking or selling its $30 million ETH treasury to meet unexpected market swings.
Huobi Global to List Inery Token on September 28th, 2022
Inery, a decentralized data system, announces the official listing of its token on Huobi Exchange is set to go live on September 28, 2022. Huobi Exchange is one of the world’s leading crypto exchanges, supporting over 1000 trading pairs and more than 600 cryptocurrencies. Inery takes a different approach to decentralizing data and data management for both Web2 and Web3 companies while streamlining the shift to the decentralized web.
Six Leading Central Banks to Brainstorm the Issuance of Digital Currencies in Mid-April
The leaders of six major central banks are scheduled to meet in mid-April to conceptualize on creating their own digital currencies as they can be instrumental in substituting the digital yuan or Facebook’s Libra.
Starknet v0.13.1 Launch: Embracing EIP-4844 for Lower Costs and Enhanced Stability
Starknet v0.13.1 upgrades Ethereum data storage costs, offers lower transaction fees, and improves stability and user experience, potentially boosting adoption and advancing Starknet's evolution.
Binance Provides Blockchain Education to Francophone Africa, Narrowing the Financial Gap
To offer lifelong financial and career development to French-speaking Africans, leading crypto exchange Binance is offering blockchain education in Cameroon and Francophone Africa.
Coinbase Advanced Collaborates with Coinrule to Introduce AI-Driven Automated Trading
Coinbase Advanced partners with Coinrule, offering AI-automated trading tools to over 1M retail traders. Coinrule's recent AI-driven Marketplace enhances trading strategies, catering to all experience levels.
Strategies for Trading Bitcoin in 2021
Almost everybody that uses the internet knows about Bitcoin trading. And, the Bitcoin market doesn't seem like it will slow down any time soon. So, if you're yet to venture into Bitcoin trading, you need to consider making a move.
Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins
Nifty, a centralized USD-based exchange for non-fungible tokens (NFTs), has announced that the Nifty Gateway 2.0 upgrade is live as of March 17.
Turkish Government Announces Plans for National Blockchain Infrastructure
The Ministry of Industry and Technology of the Turkish Government announced its plan for a national blockchain infrastructure used in public administration on Sept. 18 in Ankara.
Global Tech Giants Unite to Shield 2024 Elections from AI Misinformation
Twenty tech companies have signed a "Tech Accord to Combat Deceptive Use of AI in 2024 Elections," aiming to detect and counter misleading AI content, protecting over four billion voters.
HK-Based Hex Trust Raises $88m in Funds, Valuation Touches $300m
Hong Kong-based Hex Trust raised $88 million in Series B funding led by Animoca Brands and Liberty City Ventures, following which, it saw its valuation rise to $300 million.
Immutable's zkEVM Marches Towards Mainnet with a Series of Milestones
Immutable progresses towards the Mainnet launch of its zkEVM, underpinned by a series of strategic milestones and a growing gaming ecosystem. The journey encompasses a testnet launch, re-genesis, the imminent mainnet release, and future dedicated app chains and prover integration, setting the stage for a robust gaming arena on the Ethereum blockchain.
Norwegian Air Set to Accept Cryptocurrency Payments
Amazing times ahead for travelers in Norway as Norwegian Airline, one of the largest in Europe is set to accept the use of cryptocurrency as a means of payments for flight booking.
The Thrill Behind Non-Fungible Tokens
A non-fungible token (NFT) is a digital asset whose ownership is blockchain-based, and its value is pegged on its uniqueness. Some of the most common use-cases of NFTs include event tickets, game items, digital collectibles, software licensing, digital certificates, in-game props, authentication certificates, and domain names.
Cryptoaddiction: The Uglier Side of Digital Currencies
Addiction is an ugly word, but it's an unfortunate reality for many people. Crypto has brought about a new type of addiction. This is an introspective look at what crypto addiction looks like, and advice on where to find help.
ChromaWay and COMUNITYmade to Reinvent Near Shore Fashion Supply Chains with Web3 Technology
Stockholm headquartered blockchain technology company ChromaWay announced today that it had signed a Memorandum of Understanding (MOU) to partner with COMUNITYmade to co-design and develop supply chain solutions that leverage decentralized Web3 technologies to strengthen product-provenance and transparency, empower designers, and bring high-quality fashion to market faster.
WWE Plans to Release the Undertaker NFTs Ahead of WrestleMania 37
The World Wrestling Entertainment (WWE) has announced that it will release non-fungible tokens (NFTs) featuring the Undertaker ahead of WrestleMania 37, which will run today and tomorrow at Raymond James Stadium, Tampa, Florida.
Avalanche (AVAX) Foundation's Innovative Criteria for Meme Coin Acquisitions
The Avalanche Foundation has established an eligibility framework for purchasing meme coins, focusing on stability, security, and community engagement. This move aims to support projects that add value to the Avalanche ecosystem.
Defi Cross-chain Interoperability Protocol Nomad Raises $22.4m from Crypto Leaders
Defi cross-chain interoperability protocol Nomad has secured a $22.4 million seed round from crypto industry leaders.
Celo Launches Web3 Africa Fund to Support Blockchain Startups
Celo, a mobile phone-focused blockchain platform, launched the Celo Web3 Africa Fund with the goal of supporting 250 projects in the development of African projects.
Ethereum’s Medalla Experiences Critical Bug, but Prysmatic Labs Says ETH 2.0 Launch Is Unaffected
One of the top client teams staking on Ethereum 2.0 testnet announced that the crash that recently occurred was a learning experience and was salvaged.
Optimism (OP) Announces Critical Fault Proof Upgrade Impacting Bridges and Exchanges
Optimism introduces major updates to Fault Proofs, affecting withdrawal processes for bridges and exchanges on OP Mainnet and OP Sepolia.
Ex-FTX Execs Launch New Crypto Exchange Backpack
Former FTX executives, Can Sun, are launching Backpack Exchange in Dubai, aiming to raise $100 million for customer fund security and advanced technology.
Dragonfly Fintech Wins G20 TechSprint CBDC Challenge
The Bank for International Settlements (BIS) Innovation Hub and Bank Indonesia under the Indonesian G20 Presidency announced the winners of their jointly organized G20 TechSprint competition last week during a live award ceremony in Jakarta. This third edition of the TechSprint aims to catalyze the development of central bank digital currency (CBDC). Twenty-one finalists from more than 100 applicants worldwide developed and submitted innovative best-in-class CBDC solutions.
Crypto Miner Marathon Secures 200MW Energy Capacity from Applied Blockchain
Bitcoin miner Marathon has announced the completion of a deal with Applied Blockchain to secure at least 200 megawatts of energy capacity.
$1 Billion in Bitcoin Moved, Making It the Largest Dollar Value Crypto Transaction in History
On-chain crypto data analytics recently picked up a Bitcoin transaction worth more than $1 billion.
Crypto-Spring in Bloom as Institutions and Billionaire "OG" Investors Mature Towards Bitcoin
The Bitcoin price hit its peak of around $20,000 at the end of 2017, but over the last two years it has been trading at around half that value. Along with Bitcoin, other cryptocurrencies that take their cue from the success of the pioneer crypto, have also not achieved anything close to their values at the end of the 2017 ICO rush. But times are changing and according to Alexis Ohanian, co-founder of Reddit and early investor in Coinbase believes the crypto winter is thawing and asserts that we are on the cusp of a ‘crypto spring’.
Blockchain: Technology for Sustainability
The teams of AB InBev, IECISA and Rewire were the winners of the Global Blockchain Challenge, thanks to their innovative blockchain-based solutions that excelled for their technical, business and legal development, scalability and social impact.
BTI Report Reveals Kraken and Coinbase as the Cleanest Crypto Exchanges
The September issue of the Blockchain Transparency Institute’s market surveillance report, verifying that the cryptocurrency exchange volumes of Kraken and Coinbase are the cleanest in the industry.
Investors Sell FTX, Celsius, BlockFi, Voyager
A number of investors who lost money as a result of the recent failures of FTX, Celsius, BlockFi, and Voyager Digital are considering transferring their claims to other parties. Nearly 10,000 claims were posted at the time this article was written, including 9,072 claims on Celsius Network, 93 claims on Voyager, 67 claims on FTX, and 23 claims on BlockFi. It has been alleged that former FTX CEO Sam Bankman-Fried has cashed out a total of $684,000 since he was released on bail.
DeFi Platform HashBrownSwap Appoints Ian Scarffe as Advisor
Ian Scarffe's extensive investment experience globally has won him a spot at HashBrownSwap (HBS) as a blockchain and cryptocurrency advisor.
Ex-US CFTC Chair Advocates Building Financial Infrastructure with Blockchain
Former Chairman of the United States Commodity Futures Trading Commission (CFTC) Christopher Giancarlo slammed handlers of the economy for taking a back seat in financial innovation related to blockchain technology and cryptocurrencies.
Bitcoin Bull Market Sentiment Is Sparking New Blockchain Startup Deals
The evolving and promising blockchain applications are emerging in parallel to technological advancements, enhancing customer experience and utilizing digital assets.
French-Austrian Collaboration on Blockchain Forensics Instrument to Enhance Cryptocurrency AML
The French cybersecurity firm Nigma Conseil and the Austrian Institute of Technology (AIT) have announced a partnership aimed to create a new blockchain forensics instrument.
Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring
Sam Altman returns as OpenAI's CEO, with a reconstituted board, after a brief ouster, underscoring his pivotal role in the AI industry.
Alibaba's Largest E-commerce Platform Taobao Firstly Presents NFT Artworks in Festival Week
China's largest e-commerce website, Taobao, a subsidiary of Alibaba Group, exhibited artworks in the form of NFT for the first time in the recent Shanghai Taobao Maker Festival.
Coin98 Debuts Decentralized App Store on NEAR's Blockchain Operating System
Coin98 has launched a decentralized app store on NEAR's Blockchain Operating System, providing seamless access to top L2 and DeFi protocols for over 7 million users.
Worldline and Ingenico Will Merge Creating FinTech Payments Super Giant
French fintech giants, Ingenico and Worldline are merging in a deal worth €7.8 billion to create the fourth largest company in the global financial technologies sector.
Metaverse-related Market Size in China Expected to Reach $4T: JPMorgan Chase
The market of the Metaverse could triple China's online gaming market from $44 billion to $131 billion, according to a recent research report by JPMorgan Chase (JPM).
CoinFund Launches $300m Web3 Fund to Invest in Early Stage Startups
CoinFund is cryptonative investment company. The firm has established a $300 million crypto fund that targets web3 startups.
Hopes Dashed for India's Crypto Community
The Indian crypto community was upset that the budget did not address crypto, hoping for a 30% tax decrease.
Crypto Market Expanding in the Middle East, Says HashCash CEO
A paradigm shift is being witnessed in Middle East nations, especially the United Arab Emirates (UAE), because the region’s interests are changing from oil to crypto and metaverse.
Wirex Moves on From Defunct Wirecard, Secures New Partnership with Railsbank
Crypto service provider Wirex has moved on from Wirecard,. The company has secured a new partnership with Railsbank
Breaking: London Stock Exchange Rejects £32B Takeover Offer from HKEX
Rejection of Conditional Proposal from HKEX
India’s Telangana State Partners with CasperLabs for Seamless Blockchain-Powered Government Processes
To stimulate more secure, efficient, and sustainable government processes, India’s Telangana State has joined hands with CasperLabs to revamp operations using blockchain technology.
Private Cryptocurrencies May Soon Vanish From Russia
According to Russia's TASS news agency, Bank of Russia Deputy Governor Vladimir Chistyukhin signalled that private cryptocurrencies may soon go out of existence in the financial markets.
Cryptocurrencies post record inflows in first 11 months of 2021: CoinShares
According to data from digital asset manager CoinShares on Monday, cryptocurrency products and funds posted record inflows in the first 11 months of 2021.
Ethereum Calls On Hackers to Attack Ethereum 2.0 in Exchange for Bug Bounty
With Ethereum's plans to launch its 2.0 protocol network, the open-source platform has also decided to tweak its blockchain project to perfection by calling all hackers and challenging them to break into two Ethereum 2.0 attack networks.
Chainalysis Employs Coinbase Commerce to Facilitate Crypto Payments, Broadening Support for DeFi Sector
Chainalysis has announced the integration of Coinbase Commerce into its payment systems. This new feature enables users to settle invoices with a diverse selection of digital assets, including a variety of DeFi tokens.
Blockchain: The Trust Alternative to the History of US National Credit?
A conscientious look over the last few centuries would reveal that the brief history of the United States is riddled with national credit defaults. In all these instances, the people and the businesses relying on the fiscal value agreements they had made with the Central credit agency found their trust hopelessly misplaced. How can blockchain be leveraged to break the cycle of U.S. National Credit Default?
Israeli Team Finest Expand ESports Collaboration To Tezos NFT’s And Blockchain Adoption
Today, Team Finest is pleased to announce the organization has renewed its collaboration with Tezos Israel to build their first NFT on the energy-efficient Tezos blockchain. This one-year renewal of the contract will make history as Team Finest becomes the first eSports club in Israel to produce NFTs for its fans.
Supply Chain IoT Needs Blockchain For Full Functionality
Milind Balaji – senior supply chain manager at Georgia-Pacific LLC identified that supply chain professionals are currently facing tremendous difficulties when it comes to tracking and tracing supply chains, which are increasingly more complex and marred with global opaque setup. Even with IoT devices, tracking and traceability of goods are not easy. Milind Balaji gives a hint of the role of blockchain as fundamental in enabling greater functionality of IoT in the supply chain.
US Financial Giant Capital International Group Acquires 12.2% Equity in MicroStrategy
American financial services provider, Capital International Group, acquires 12.2% of the shares in MicroStrategy, leaping over the third-largest shareholder in the company.
Australia-based Zip Considers Adding Crypto Trading Options within a Year
Australia-leading digital retail finance and payments company Zip Co Ltd is considering adding cryptocurrency trading options for customers.
Ethereum Under Potential SEC Scrutiny after The Merge: WSJ
Ethereum's latest software update may have caught the Securities and Exchange Commission chair's attention to categorize the second-largest crypto as a security.
HashKey Group Announces HashKey Chain
HashKey Group is set to expand its Web3 Ecosystem with the launch of HashKey Chain, a ZK-proof based Ethereum Layer-2 platform, leveraging its token HSK for ecosystem incentives.
Bitmain Responds to Former Co-Founder Claims of Holding 36% Company Stock as Baseless
Bitmain recently released an official statement in which it disputed the claims of Micree Zhan, the former CEO, over the ownership of a majority stake of the company.
FTX Customer Claims Portal Update: How It Affects Derivative Positions and USD Balances
The recent updates to the FTX Customer Claims Portal aim to provide more clarity on derivative positions for customers. While these changes may affect the displayed USD balance, they do not impact the overall value of the claims. The valuation of derivative positions is based on FTX exchange pricing as of specific dates and times, with the final USD valuation to be determined later.
Ethereum Miner Addresses Hits 4-year High Ahead of the Merge
Ethereum miner addresses have continued to grow and are now at a 4-year high according to on-chain data
Is Ripple’s Blockchain-Powered XRP Ledger Superior to SWIFT for Cross-Border Payments?
Ripple, compared to SWIFT payments network, may be a cheaper, more transparent, and more secure alternative for the future of payments and online banking.
Actinver, BNP Paribas, Citibank, And JPMorgan Go Live on CLS Blockchain Platform
Four banks (JPMorgan, Citibank, BNP Paribas, and Actinver) go live on CLS blockchain bilateral payments netting platform.
China Construction Bank Announces Updates of Blockchain Platform After $50B Transacted
One of China’s four largest banks, China Construction Bank (CCB) has officially released the second version of its blockchain platform for trade finance, reaching 360 billion yuan ($50 billion) in cumulative transaction volume. CCB announced the release of “BCTrade 2.0,” focusing on digitizing trade and financial services between 54 domestic and overseas CCB branches and 40 external organizations. Reported by Xinhua news, these organizations include state-owned banks and foreign banks.
Hong Kong Arrests Two AAX Executives
Two AAX executives were detained in Hong Kong for fraud and deceiving authorities. Since mid-November, system maintenance has kept 2 million AAX subscribers from accessing their cash. Over 337 victims from China, Taiwan, Italy, and France have reported to local authorities since then.
Chinese Province Eyes Blockchain-Powered Points Reward System to Boost Tourism
Hainan, a southern island province of China, is developing a blockchain-enabled points reward program aimed at promoting tourism in the region.
Huobi Partners with AstroPay to Provide Fiat-to-Crypto Payment Services in Latin America
Huobi Global has partnered with AstroPay to provide fiat-to-crypto payment services for cryptocurrency exchange users in Latin America.
BlockSec Launches Phalcon Fork for Collaborative Testing on Ethereum Mainnet
Blockchain security firm BlockSec has launched Phalcon Fork, a toolkit that enables collaborative testing on private chains forked from arbitrary transaction positions and block numbers on the Ethereum mainnet. The toolkit offers greater control over testing, analysis, and debugging on testnets, with features such as snapshots and a faucet for acquiring free fork network Ether. The Phalcon Fork user manual touts advantages over traditional solutions such as Goerli, including retaining services and states from the mainnet and maintaining full control over block information.
Belt and Road Summit 2019—Iranian Investment, Malaysian FinTech and the Kazakh Belt Buckle
Rounding off our exclusive interviews for the 2019 Belt and Road Summit, jointly organized by the HKTDC and the HKSAR Government, we share insights from delegates from Iran, Malaysia, and Kazakhstan
Cyber Science 2020 - Pioneering Research & Innovation in Cyber Situational Awareness
Cyber Science is an IEEE sponsored event, in partnership with the Dublin City University, Ireland. The event comprises four joint and co-located internationally refereed conferences, namely: Cyber Situational Awareness (CyberSA), Social Media, Cyber Security and Cyber Incident.
OKX Wallet is First in Web3 to Utilize Leading-Edge MPC Technology Together With Support of 37 Blockchains
OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today upgraded its OKX Wallet to become the first Web3 wallet to utilize leading-edge multi-party computation (MPC) technology in combination with its support of an industry-best 37 blockchains.
Why Jack Ma's Ant Group IPO was Suspended by Authorities
On Nov 3, the Shanghai Stock Exchange of China published an announcement titled "Decision on postponing the listing of Ant Technology Group Co., Ltd. on the Sci-Tech innovation board".
Former a16z Partner Katie Haun's Crypto VC Fund Raises $1.5 Billion
Former federal prosecutor Katie Haun’s crypto venture capital fund has raised $1.5 billion to invest in crypto-related startups.
Crypto Regulation Remains to Unfold in 2022
As cryptocurrencies enter into a new year after experiencing new highs last year, new changes await, among which regulation is top of the list.
KuCoin lists AirDAO's $AMB token with a $USDT pair
The announcement gives KuCoin's 25 million global users the opportunity to participate in AirDAO's up-and-coming DeFi ecosystem, boosting its rapidly growing international community and marking another exciting exchange listing for AirDAO. KuCoin is running a Net Holding competition as part of the events surrounding the listing, with $30,000 in $AMB tokens up for grabs for participants. Also, KuCoin will launch a Twitter airdrop and a participation reward campaign to promote the listing.
Binance to Donates $10M to Support Ukrainian Humanitarian Crisis
Binance Exchange announced to donate the sum of $10 million to support the humanitarian relief efforts in Ukraine.
Majority of China's Tech Startups Are Exploring Blockchain Technology, Report Reveals
South China Morning Post's Report shows Chinese firms are growing in the adoption and integration of blockchain technology
Binance Announces $90K DODO Token Airdrop for Web3 Wallet Users
Binance launches a new airdrop campaign offering $90,000 in DODO tokens to users of its Web3 Wallet, incentivizing adoption and trading on its platform.
ViralCoin’s Founder Explains Why VIRAL Can Flourish During this Bear Market
ViralCoin, an emerging cryptocurrency project centered around subscription payments and price stability, has a novel vision of success during this bear market. James McLendon, ViralCoin’s Founder, explained that the ViralVault contract utilizes on-chain arbitrage to keep the price relatively stable, regardless of crypto market conditions. “If the VIRAL price increases too high, then the ViralVault mints additional VIRAL and transfers the newly-minted VIRAL into the liquidity pool. Similarly, VIRAL price decreases too low, then the ViralVault purchases the excess VIRAL and burns such amount to rebalance the price.”
Is Blockchain Tech the Holy Grail for the Aerospace Industry?
The aerospace industry moves millions of people and billions worth of assets every single day. Yet, the industry's sheer complexity is its own worst enemy. Can blockchain technology become the savior?
Vitalik Buterin Holds Taiwan Employment Gold Card
Vitalik Buterin holds a Taiwan Employment Gold Card, integrating work, residence, and travel permits. Valid for 1-3 years, it simplifies processes for global professionals in Taiwan.
China Issues New ‘Bejing Action Plan’ to Accelerate the Inclusion of Blockchain in the Economy
The Chinese government issued a new “Beijing Action Plan” aiming to accelerate the inclusion of new emerging technologies in the country’s economy. China aims to leverage new technologies including artificial intelligence (AI), 5G, industrial internet, blockchain, big data, and others to promote the steady growth of Beijing’s economy post-pandemic.
Tesla CEO Elon Musk Is Selling His First NFT and It’s a Techno Song about NFTs
The NFT hype has been escalating and many artists and celebrities have capitalized on the trend to produce a NFT of their own.
NYDIG has Raised $720 Million for its Institutional Bitcoin Fund
On Oct. 3, New York-based digital investment group NYDIG raised $720 million for its institutional bitcoin fund, according to filings with the U.S. Securities and Exchange Commission.
Fintech Startup Monerium Seeks to Issue E-Money on Algorand Blockchain
The role of e-money is on the rise and continues to challenge bank deposits and cash. The recent partnership between Fintech Firm Monerium and Algorand Blockchain company presents a whole picture of the relevance of e-money as a more convenient means of payments and financial transactions.
Yuga Labs Taps Spencer Tucker as its Chief Gaming Officer
Yuga Labs is a Web3 company that seeks to push the crypto and NFT platforms forward. Yuga recently appointed Spencer Tucker as the Chief officer in charge of the gaming and the Otherside metaverse project
Whatsapp is Close to Launching Digital Payments in Indonesia
Whatsapp, the Facebook-owned messaging platform has been engaging in preliminary talks with multiple Fintech establishments to launch digital payments in Indonesia.
What is Conch AI?
Conch AI is an AI-powered writing assistant offering features like rewriting, summarizing, answering questions, and generating text. It also bypasses AI detection algorithms. Available as a Chrome extension.
Crypto Assets Custodian Hex Trust Acquires Key License from MAS
Crypto asset custodian Hex trust announced Tuesday has obtained a CMS license from the Singapore regulator- the Monetary Authority of Singapore (MAS), according to a Bloomberg report.
Coinbase Secures Major Payment Institution License from Singapore's Monetary Authority
Coinbase has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant milestone in its expansion into the Asian market. The license will enable Coinbase to offer digital payment token services to both individual and institutional clients in Singapore. This move aligns with the company's strategy to tap into Singapore's growing crypto and Web3 ecosystem.
Exclusive: How is Blockchain Disrupting the Music Industry Globally?
With the widespread of blockchain technology used in different industries in the past decade, Sean Jong from K-Tune in Korea explains how blockchain can address the current pain points in the traditional music industry. He also explains the role of blockchain in royalty distribution and copyright infringement!
Australian Judge Allows Plaintiff to Use Bitcoin as Collateral Bond
In Australia, a New South Wales (NSW) court has allowed a cryptocurrency exchange account to be used as a collateral bond for legal costs.
FTX CEO Breaks Down Zuckerberg's Intent To Invest $10B/Year Into Meta
FTX CEO Sam Bankman-Fried on Saturday took to Twitter to break down the reason behind Zuckerberg rebranding his company Facebook to Meta and his intent to pump $10 billion every year into Meta.
Binance Accounting Vulnerability Led to Uneven Distribution of About $20M HNT
The Helium Foundation says a bug in Binance’s accounting system caused users to mistakenly receive around $20 million worth of HNT token.
Alipay Officially Bans All Bitcoin-Related Transactions
Alipay, one of the most popular digital payment systems under China’s Alibaba group, officially stated that it would be banning all payment transactions related to Bitcoin and other cryptocurrencies.
Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto
CoinMena, a Bahrain-based crypto asset service provider, has teamed up with Carlton Real Estate, to facilitate real estate purchases using cryptocurrencies.
Involved in Cryptocurrency and Cash Corruption, Regional Military Recruitment Heads Were Dismissed by Ukrainian President
Ukrainian President dismissed regional military recruitment heads for corruption involving cryptocurrency and cash. Law enforcement opened 112 cases.
Binance's BNB Chain Fusion: Merging BEP-2 and BEP-20 for Enhanced Efficiency and Security
Binance's BNB Chain Fusion plans to unify BEP-2 and BEP-20 chains by April 2024, enhancing security and efficiency. Users must transfer BEP-2 and BEP-8 tokens to BEP-20 to preserve assets.
KuCoin Pairs with DeFi Data Aggregator 1inch for Implementing Native Swap Function
The Seychelles-based crypto exchange KuCoin has announced a partnership with 1inch DeFi data aggregator to bring native token swap functionality to its in-house wallet.
Social Trading Company eToro Establishes $20m NFT fund
Cryptocurrency trading platform eToro has established a $20 million NFT fund to buy NFTs and support NFT creators and brands, according to CNBC.
Jelurida and Aumenta Solutions Develop Blockchain-based Maintenance System for Ports
Blockchain solutions provider Jelurida has partnered with AR firm Aumenta Solutions to create a blockchain-based maintenance system for ports, aimed at increasing the traceability of maintenance operations. The system combines blockchain certification and AR, allowing workers to access real-time digital information. Jelurida and Aumenta Solutions are targeting the global port infrastructure market with the technology.
Blockchains Do Not Address Any Fresh Issues - Polygon's Sandeep Nailwal
The Co-founder of Polygon Sandeep Nailwal has disproved one of the most harmful myths propagated by fervent blockchain skeptics: the Web3 revolution is not solely intended to address "new" problems
The Montreux Jazz Festival unveils new NFT Collection on Tezos
The Montreux Jazz Festival today launched its second series of NFTs as part of its partnership with OneOf. Built on the energy efficient Tezos blockchain, the ‘Diamond Seated Package’ NFTs unlock exclusive hospitality offers during the 56th edition of the Festival for concerts including Diana Ross, Björk and John Legend. The artwork was created by New York artist Alex Alpert.
Ethereum Co-Founder: Facebook Not Fit to be Libra’s Driving Force
Joseph Lubin, Ethereum’s co-founder, has asserted that Facebook should not spearhead the Libra project based on the concerns raised about its reputation.
Compass Mining to Cut Salaries, Spending and 15% Staff
Compass Mining said that the Bitcoin mining company is cutting salaries, spending and 15% of its team.
Digital Assets Soar to $67 Billion, Avalanche (AVAL), Polygon (MATIC) and Chainlink (LINK) Gain Momentum
Digital asset investment products saw record-breaking inflows of $2.45 billion, raising total assets under management to $67 billion, with Bitcoin dominating, benefiting major players like Avalanche, Polygon and Chainlink.
Love is in the Chain: Could Blockchain be the Solution to People's Dating Woes?
The dating scene, as it exists today, is a minefield. Fake profiles, catfishing, scammers, and just plain old rudeness puts many people off the very act of dating. But a relatively recent newcomer into the tech field might just be the solution to the inherent problems of today's dating environment. Can blockchain technology dating's best friend?
WEF: Blockchain Can Drive Sustainable Digital Finance for a Low-Carbon Economy
The World Economic Forum (WEF) has highlighted Blockchain as a driver of sustainable digital finance for a low-carbon economy
Instagram to Run Polygon-backed NFT Marketplace
Meta has announced that social media giant Instagram will be introducing an NFTs marketplace that will run with the support of Polygon.
Generative AI in the UK Public Sector: A Comprehensive Analysis
A survey by the Alan Turing Institute shows a significant uptake of GenAI in the UK public sector, with diverse applications across healthcare, education, and more. While boosting productivity and offering new operational methods, challenges like unclear guidelines and varying attitudes towards AI persist.
Billionaire Chris Kirubi Warns Followers of Bitcoin Scammers Impersonating the Kenyan Tycoon
Dr. Chris Kirubi continues fighting against Bitcoin scams using his name as an endorsement.
Bloomberg: Changpeng Zhao's Net Worth Surges to $37.2 Billion
Changpeng Zhao's net worth has risen $25 billion since December 2022, ranking him 35th in the Bloomberg Billionaires Index despite facing legal challenges.
Baidu Trends: Bitcoin Searches Skyrocket Amid Social Distancing and Working From Home Approaches
According to Baidu, a Chinese multinational technology company offering internet-related services, Bitcoin searches have shot up by 183% in the last one month. This trend can be linked to the fact that many countries have asked their citizens to adhere to precautionary approaches, such as self-quarantining, social distancing, working from home, necessitated when tackling coronavirus.
Coinbase Cloud Adds Solana Archive Node
Blockchain infrastructure protocol Coinbase Cloud launches Solana Archive Node to help developers build better products and services on Solana.
Ukraine Military Foundation Allies Solicits Donations in Crypto
The “Return Alive” Foundation with close ties with the Ukrainian military is now soliciting funds in cryptocurrencies to support the army in these trying times.
Italian Bank Offers Crypto Trading to Over A Million Customers Amid Coronavirus Pandemic
Due to the coronavirus outbreak and the lockdown situation in Italy, an Italian Bank, Banca Sella has launched Bitcoin trading services for its 1.2 million customers of Hype mobile banking platform.
$3.5M of Stolen Crypto Linked to KuCoin Hack Moved
On-chain data analytics have reported that KuCoin hackers have been on the move lately, as a total of $3.5 million of stolen funds were transferred.
Italian Government to Provide €45m in Grants for Blockchain Industry
Italy’s Ministry of Economic Development is planning to provide up to $46 million in subsidies for blockchain and AI industries.
Blockchain Soccer Startup GOAL Pulls $15m in Seed Funding
Stockholm and NFT-based soccer startup, GOALS, has raised $15 million as seed funds from venture capital firms and angel investors.
PwC Veteran Quits Role to Establish Digital Asset Fund in Dubai
Henri Arslanian, the former Global Head of crypto of PricewaterhouseCoopers (PwC), has launched his own crypto-dedicated venture capital firm, Nine Blocks Capital Management, and has chosen Dubai as the outfit’s base of operation.
Taurus raised $65 million
Credit Suisse, Deutsche Bank, Arab Bank Switzerland, and others invested $65 million in digital asset infrastructure provider Taurus.
Nearly 100 Countries are Developing their CBDC by July - IMF
According to the International Monetary Fund (IMF) report, as of July 2022, nearly 100 central bank digital currencies (CBDCs) are in the research or development stage around the world.
Make hundreds of connections at Blockchain Life 2020
The 5th Blockchain Life 2020 returns to Moscow on April 22-23 at the unique media venue Music Media Dome. The international forum annually gathers over 5000 participants from 70 countries, proving to be one of the biggest events on blockchain, cryptocurrencies, and mining in the world.
Canadian PM Justin Trudeau Denounces Cryptos as Escape from Inflation
The current Prime Minister of Canada, Justin Trudeau, said that investing in cryptocurrencies to avoid inflation is an act of irresponsible leadership.
Italian Authorities Bust Illegal Ethereum Mining Activities Using Airport Computers
Airport officials working at Italy’s Lamezia Terme International airport have nabbed a 41-year-old technician for unlawfully mining Ethereum using the airport computers.
Visa Files Trademark Applications for Crypto Products, Including NFTs
Payment giant Visa has filed two trademark applications to the United States Patent and Trademark Office (USPTO) concerning cryptocurrency wallets, NFTs, and the Metaverse.
ChatGPT Unveils Updates: Multi-File Analysis, Custom Instructions, and GPT-4 Default Model
OpenAI's ChatGPT has rolled out significant updates, including multi-file analysis, custom instructions, and GPT-4 as the default model. These enhancements aim to improve user experience and expand the AI's capabilities.
AI-Based Startup Optic Raises $11m, Developing AI NFT Content Recognition
NFT authentication company Optic raised $11 million to support its ongoing progress toward the development of AI technologies for NFT monitoring devices.
Circle Crypto Firm to Go Public in SPAC Deal Valuing At $4.5 Billion
Stablecoin Issuer Circle Announces $4.5 Billion SPAC Deal. The combination with Concord Acquisition Corp sets to bring Circle more than $691 million.
Cronos Builds Partnership With Chainalysis
Blockchain network Cronos announced a partnership with blockchain data platform Chainalysis.
Bunzz Raises $4.5M Seed Round to Expand its Smart Contract Hub for DApp Development
Bunzz a web3 development platform for decentralized applications, has completed a $4.5M seed round. Investors included gjmp, DG Daiwa Ventures, Coincheck, and Ceres. Funding will be used to help build out Bunzz’s Smart Contract Hub, which is already used by more than 8,000 dApp developers.
Crypto Group ConstitutionDAO Plans to Refund Money and Shutdown, after Losing Auction
After failing to outbid billionaire Ken Griffin in auction for a copy of the US Constitution, the decentralized autonomous organisation ConstitutionDAO is planning to shut down after refunding the money it raised.
SEMPSA JP, LBMA Good Delivery Refinery Launches Tokenized Gold and Silver on the Blockchain in Partnership with Aurus
SEMPSA JP, the leading Spanish Good Delivery precious metals refinery, has partnered with Aurus to offer digital tokens backed by gold and silver to its network of bullion dealers. Five precious metals dealers working with SEMPSA JP are selling tGOLD and tSILVER tokens to the broader retail market via their e-commerce stores. The refinery has tokenized an initial allotment of 3 kgs. of gold and 25 kgs. of silver bullions using the Aurus blockchain protocol.
MAXathon: An online hackathon to tackle global pandemic related challenges with blockchain technology!
A global leader in the technology and blockchain industry, Maxonrow is thrilled to be hosting the first-ever MAXathon. This digital hackathon will challenge participants to reimagine the use and applications of blockchain for health and sanitary solutions in response to the COVID-19 pandemic. With €15,000 in prizes available, blockchain experts, developers, and other tech enthusiasts will compete in a battle of innovation from September 5 to October 3, 2020.
TON Developers Threaten to Go Rogue and Launch Network as Telegram Battles SEC Lawsuit
While the US Securities and Exchange Commission (SEC) may have temporarily succeeded in stopping the launch of Telegram’s TON network, can they really stop open-source technology?
Bitcoin Has The Right Catalysts to Push its Price to $100,000 - Bloomberg
Mike McGlone lists institutional backing, ETFs as part of the catalysts that will push BTC to $100,000
Meat Food Production Giant Oscar Mayer Auctions Disposable Packaging "Hot DOGE" Wiener
An American meat and cold cut production company Oscar Mayer, owned by the American food giant Kraft Heinz, used the eBay e-commerce platform to auction a single package of "Hot Doge Wieners" worth 10,000 Dogecoins.
Crypto Talk with OliveX's CEO Rumjahn: Move-To-Earn Fitness App & DOSE Token
Exclusive: Blockchain.News spoke to Keith Rumjahn, CEO of OliveX and Founder of DOSE token, to explore the potential development of a move-to-earn app and how cryptocurrency shapes the virtual fitness industry.
Mercari Japan Embraces Bitcoin Payments
Mercari, Japan's e-commerce leader, announces Bitcoin payment integration by June 2024, leveraging its subsidiary Melcoin. This reflects Japan's advanced crypto regulatory environment, fostering digital currency adoption in commerce.
Australia Uses Blockchain to Enhance Cross Border Trade With Singapore
The Australian Border Force (ABF) is launching a blockchain trial that is targeted at enhancing cross border trades with Singapore
Bitcoin Price Flashes $750M Warning Sign As 60,000 BTC Options Set To Expire
The Bitcoin price has climbed more than 20% over the last 30 days but traders could be in for a $750 million shock through the markets on Friday.
87% of Merchants Believe Crypto Payments Enhancing Competitive Advantage: Deloitte Survey
87% of merchants believe crypto payments will enable them to stay at the top of their game based on the competitive advantage rendered, according to a survey by big four audit firm Deloitte.
The First Crypto Miner ETF Unveils in Australia
Australian Bitcoin miner Iris Energy applies for IPO on the Nasdaq. The stock code is "IREN". Reportedly, $100 million has been raised.
Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering
Why is Bitcoin worth anything? Am I too late to buy Bitcoin? It’s too expensive, do I need to buy a whole Bitcoin? 3 questions that hound crypto journalists at parties.
Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License
Harbor, a digital assets firm for security token issuance, has been granted a transfer agent license by the United States Securities and Exchange Commission.
PayPal to Launch Crypto Wallet in Q3 This Year, CEO Reveals
Payment provider PayPal Holdings Inc. published its second-quarter financial report Wednesday. CEO of PayPal Dan Schulman said the company would launch a crypto wallet in the third quarter this year.
Sweden's Sveriges Riksbank Begins Testing Its Blockchain-Powered Central Bank Digital Currency
Sweden’s Riksbank announced that it had started testing an e-krona, taking one step closer to the release of a central bank digital currency.
Ethereum Uncovers Blockchain Bugs to Stabilize Medalla Testnet
Ethereum developers discussed the technical issues that went wrong during the launch of Medalla testnet and that could have been improved to make the release smoother.
WWE Launches John Cena-Inspired NFTs Just in Time for SummerSlam
World Wrestling Entertainment (WWE) announced the creation of non-fungible tokens (NFTs) inspired by 16-time world champion John Cena.
Blockchain Can Make Patients Profit From Personal Health Data
Jim Nasr, a healthtech expert who is the Vice President of Technology and Innovation at Certara, has forecasted that blockchain could assist patients own, share, and monetize their own health data.
DEA Special Agent O’Kain: Regulated Bitcoin Exchanges Are Good For Law Enforcement
DEA Special Agent Patrick O’Kain spoke at the LA Blockchain Summit on Bitcoin on the role of government agencies in policing the digital asset and blockchain space.
JP Morgan Looking to Merge its Blockchain Unit Quorum with ConsenSys
JP Morgan Chase & Co has been reportedly in talks with blockchain startup ConsenSys, to merge the former’s blockchain unit, Quorum with the startup.
Can Ripple’s XRP Price Surge to $1.00 With the Upcoming Spark Token Airdrop?
Since the huge increases it recorded last month, XRP has since pulled back. Will Spark token's airdrop trigger XRP's price surge to $1.00?
SkyBridge Capital's Crypto Pivot Looks to Triple its Assets
Hedge fund SkyBridge founder Anthony Scaramucci said he plans to shift the pace of SkyBridge Capital's investment to virtual digital assets.
Step Secures $300m Fund, Introduces Crypto Investment Platform for Young Adults
Step has secured $300 million in new debt funding round, which coincided with the company’s launch of a crypto investment platform aimed at minors and young adults - their key clientele.
First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year
Hong Kong’s first approved cryptocurrency fund, Arrano Capital, the blockchain arm of Venture Smart Asia announced its rollout of a new Bitcoin fund in Hong Kong.
Silvergate Bank Contemplates Crypto-Lending
Silvergate Bank seeks to become a crypto lender based on the considerable demand witnessed in this sector.
FTX Seeks to Liquidate $1.4 Billion Anthropic Stake Amid Bankruptcy Proceedings
FTX seeks court approval to divest its $18 billion stake in Anthropic, part of its post-collapse asset liquidation strategy, to repay customers and fulfill stakeholder commitments.
Symmetry Protocol releases Solana's First Asset Management Infra
DeFi protocol Symmetry has released the first on-chain asset management infrastructure on Solana called Symmetry Engine, announced on Twitter on Tuesday. Symmetry Engine is a collection of SDKs that lets developers build asset management applications on-chain, as well as gain access to 0 price impact and 0 slippage liquidity. The protocol has been launching products on Solana since 2021 and has surpassed over $500 million in volume on their DEX built with Prism Aggregator.
European Regulatory Blockchain Sandbox Welcomes Its First 20 Projects
On July 3rd, Europe's blockchain regulatory sandbox officially introduced its inaugural set of use cases. This milestone follows a period of eager anticipation in the industry, culminating from nearly 90 applications submitted back in April.
Cardano CEO Getting a OneCoin Vibe from Federal Reserve's 'Infinite Cash' Statement
In an interview given to CBS's 60 Minutes on March 22, 2020, Neel Kashkari, the President of Federal Reserve Bank of Minneapolis made a controversial remark on being asked how the state would deal if the situation like 2008 financial crisis would come again due the Coronavirus outbreak.
South Korean Companies Adopt NFT Strategy to Attract the Younger Generation
Non-fungible tokens (NFTs) have been endeared in the South Korean market as companies treat NFTs as one of the favourable marketing tools.
The Sandbox Expands Footprints in Hong Kong for Alpha Season 3
Decentralized virtual gaming developer The Sandbox, a subsidiary of Animoca Brands, announced Thursday to roll out the first pop-up atelier in Hong Kong for the upcoming seasonal events.
Decentralized Streaming Music Service Audius Partners with TikTok to Share Sounds for Artists
The global video streaming platform TikTok and the encrypted music streaming platform Audius have developed a new feature called TikTok Sounds to support users to share sounds to the TikTok platform through Audius.
Facebook’s Libra Encouraged to Exclude the Chinese Yuan Being Tied to the Stablecoin
While Facebook is facing regulatory approvals for its Libra project, Facebook told US senators that the initial group of currencies that Libra will be likely backed by the US dollar, Euro, Yen, British Pound, and the Singapore dollar.
Bitfinex Permitted to Withhold Documents About Alleged $850 Million Cover-up
The Appellate Division of the New York Supreme Court has ruled that Bitfinex is legally allowed to withhold documents pertaining to the alleged cover-up of an $850 million loss on its trading platform.
Machine Learning Network Fetch.ai Shares Vision of Interoperable Blockchains
Fetch.ai has a vision: to bring machine learning services to every ledger and blockchain.
GogolCoin Unveils Its Cryptocurrency Exchange - GOLEX - the Premier & Most Secure Exchange in MENA Region
Recognized as a pioneering platform for buying, trading, and selling cryptocurrency in MENA Region, GOLEX stands out as the ideal exchange in a decentralized future.
Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras
GrainChain being an agricultural start up backed up by Medici Ventures and has shown some prospects so far, plans to bring together the coffee industry of Honduras.
Nations Around the World Urged to Learn From China in Fighting Coronavirus Using Blockchain
Different stakeholders are urging other nations to embrace China’s effective model in fighting this pandemic by deploying blockchain technology.
Blockchain May Jeopardize London’s Financial and Tax Collection Systems, Proclaims John Straw
John Straw, a senior advisor to IBM and McKinsey, has warned that blockchain could render the financial service sector in London irrelevant. He also noted that the city’s banks could be destroyed, making the collection of corporate and personal taxes cumbersome.
Blockchain Brings Monetary and Financial Freedom
We look at three key aspects (money form, money issuance, and the flow of money) of our monetary and financial system where the blockchain technology may have a major impact
Qualcomm CEO: Generative AI Will Redefine the Smartphone Industry in 2024
2024 is set to be a transformative year for AI in smartphones, with advancements in hybrid AI models and new features reshaping user experiences and industry dynamics.
RyanAir CEO Declares Bitcoin a Ponzi Scheme, Urges Public Boycott
RyanAir CEO Michael O’Leary has declared Bitcoin (BTC) a Ponzi scheme and has urged the boycott of the premier digital currency.
South Korean Advocates for Institutionalization of Cryptocurrencies via Bitcoin Derivatives
A South Korean commission dubbed the 4th Industrial Revolution Commission has proposed that the government ought to permit financial institutions to establish cryptocurrency-based products, such as Bitcoin derivatives as they will be instrumental in the long-term institutionalization of cryptocurrencies.
Bitwise Pulls Bitcoin ETF To Sort Through SEC Response
Bitwise has officially withdrawn its Bitcoin exchange-traded fund registration filing from the United States Securities and Exchange Commission.
UNICEF Unveils Cryptocurrency Donation Fund
UNICEF has launched a cryptocurrency fund intended for open-source technology funding, whereby Ether and Bitcoin will be accepted. The donations will be beneficial to young people and children across the globe.
Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps
Coinbase CEO Brian Armstrong has voiced his disappointment over Apple’s lack of flexibility on decentralized applications (dApps) operating on its App store.
New Darknet Markets Launch Despite Exit Scams as Demand Rises for Illicit Goods
Despite the recent amount of exit scams on dark web platforms, the darknet sector has seen increasing growth, with new marketplaces launching every year.
Revolving Games Raises a $13.2M Seed Round to Build AAA-level Web3 Games
Mobile free-to-play developer Revolving Games, which has raised $13.2 million in seed funding, plans to double down on Web3 gaming.
Korean Businesses Come Together to Form Massive Blockchain Council Similar to Libra's
Korea’s internet giant Kakao is bringing crypto and blockchain adoption to the Asian markets. A huge consortium of financial giants and big brands has joined together to form a Governance Council relating to all matters blockchain.
BTSE Offers Users the Chance to Collect Interest on Their Idle Crypto Holdings
BTSE, the UAE based digital exchange, has big plans for their ecosystem. They have recently launched the latest development in what they call their “comprehensive digital bank at the juxtaposition of crypto and fiat.”
DekaBank to Launch Blockchain-Based Tokenization Platform
German asset management DekaBank is cooperating with Metaco to build a tokenization platform but won't trade Bitcoin.
KuCoin Exchange Restores All Token Deposit and Withdrawal Services Following Massive Hack
KuCoin announced yesterday that the withdrawal and deposit services for all tokens will finally be resumed on the crypto exchange.
Chainalysis Acquires Transpose to Bolster Blockchain Data Infrastructure and Accelerate Towards an On-Chain Future
Chainalysis, the leading blockchain data and analytics provider, announced the acquisition of Transpose, a prominent blockchain data and infrastructure firm.
Automobili Lamborghini drops its limited edition "World Tour" themed NFTs this October
Fasten your metaversal seatbelts, as Automobili Lamborghini is releasing a series of limited edition ‘World Tour’ themed NFTs this October. In collaboration with Web3 Pro™ and INVNT.ATOM™ (the Web3-focused digital innovation division of [INVNT GROUP]™), the iconic Italian company will release four unique “World tour” themed NFTs available for a limited time.
ConsenSys Reveals How the Ethereum Network Weathered the COVID-19 Pandemic Market's Flash Crash on Black Thursday
While much debate has raged about the state and action of crypto’s main player Bitcoin, new insights generated using ConsenSys’ analytics suite, Alethio have revealed how Ethereum has endured the evaporation of liquidity in the global markets.
US Senator Pat Toomey Eyes Senate Banking Committee Chair and Digital Currency Regulations
United States Senator Pat Toomey said he will take on digital currency regulation and payments reforms should he become the Senate Banking Committee’s next chairman.
Solana (SOL) Validators Approve "Timely Vote Credits" Proposal to Accelerate Blockchain Transactions
Solana validators have approved a proposal called "Timely Vote Credits" to reduce consensus vote latency and incentivize timely votes, potentially speeding up blockchain transactions, before implementing the mechanism.
The World Economic Forum Highlighted Blockchain and Digitization to Address COVID-19 Supply Chain Disruption
The World Economic Forum (WEF) published a report on the importance of blockchain in supply chain disruption amid the coronavirus pandemic. Although the report suggested that blockchain may not be able to support the damage caused by the impact of COVID-19 directly, it may help with supply chain visibility.
Blockchain.com Hits $14B Valuation after Series D Round
Cryptocurrency exchange Blockchain.com has secured a Series D investment led by Lightspeed Venture Partners.
FUSANG Exchange Announces CCB $3 Billion Digital Bond Listing Suspended
FUSANG exchange announced that the listing of the $3 billion digital bond backed by China Construction Bank has been suspended.
Mastercard Attains CipherTrace to Boost Security and Fraud Detection in the Crypto Ecosystem
Payment giant Mastercard announced the acquisition of CipherTrace to offer businesses powerful intelligence about the crypto economy as digital assets continue becoming more intertwined with daily activities.
Ethereum Hit 1 million Daily Transactions since May 2018
As reported by leading Ethereum block explorer Etherscan, Ethereum hit over 1mn daily transactions on 28 June, the first time since May 2018.
Hahn Air Becomes First Airline to Issue Blockchain-Enabled Tickets To Passengers
Hahn Air, a leading airline distribution, has just issued Blockchain-enabled tickets to its passengers. Offering the tickets through the platform of their partner, Winding Tree.
Baidu's Enterprise Blockchain Network Initiates Service for Developers and SMEs to Build Dapps
Enhancing China's initiative to adopt blockchain countrywide, internet giant Baidu will be launching a new blockchain-based service, through Xuperchain, for SME's and developers to use in the creation of decentralized applications.
Hong Kong's MTR Becomes World's 1st Transport Operator to Enter The Sandbox Metaverse
Hong Kong's MTR Corporation has become the first global transport operator to join The Sandbox metaverse to create new and immersive experiences in the virtual world.
Upbit Exchange Hacked For 50 Million Dollars in Ethereum
CEO of Upbit, wrote a report explaining the reasons why deposits and withdrawals were not functional on the exchange at the moment, noting that a shocking total of 342,000 ETH were stolen from the Upbit Ethereum Hot Wallet.
Huobi to Delist Monero and Privacy Tokens on Regulatory Account
Huobi Global has unveiled its plans to delist privacy tokens, counting Monero (XMR), Dash (DSH), Decred (DCR), Firo (FIRO), Verge (XVG), Zcash (ZEC) and Horizen (ZEN) as the digital assets that will be affected.
Coinbase Rises ahead of Second-quarter Earnings Report
Shares of cryptocurrency exchange Coinbase have been rising recently this week, although they are still down nearly 70% from the beginning of 2022.
UK's Advertising Authority Orders Arsenal to Remove "Misleading" Fan Token Ad
The United Kingdom’s Advertising Standards Authority ordered Arsenal FC to remove fan token ads from their official Facebook account and website, accusing the football club of “misleading” investors.
Zilliqa: Enhanced Practicability in Blockchain A – Z Workshops
In this second installment of our exclusive interview, Kataruka shares insights on Zilliqa’s mission to enhance blockchain education in a way that keeps up with the speed of technological developments.
TRX Mortgage Lending Platform Now Available to Public On TRON’s Nile Testnet
The Tron Foundation announced that the TRON TRX mortgage lending platform which is being launched on the Nile test net is available for the public testing phase, according to a medium post on Monday. The foundation believes that the platform will expand the quality of Tron ecosystem and foster awesome ecological prosperity within the loans sector.
National Bank of Egypt Delves into Blockchain-Powered Inward Remittances with Ripple Partnership
Egypt’s biggest and oldest bank, the National Bank of Egypt, seeks to revamp its inward remittances with blockchain technology. As a result, the bank has entered a partnership with Ripple to use its blockchain-powered payments network RippleNet to offer cost-friendly and quicker cross-border payments.
Individual Crypto Hacks Done by Using Malware from Darknet: Chainalysis
Over the last few years, hackers have been actively stealing smaller amounts of cryptocurrency from individual users using malware available on the internet or darknet, Chainalysis reported.
Central Bank Official: Blockchain Application Ideal for Chinese Commercial Banks
Li Wei, the Technology Departmental Head of the People’s Bank of China, has urged Chinese commercial banks to embrace blockchain and digital finance.
Estonia's Finance Minister Says They Are Ready to Share Crypto Experience with the US
The Finance Minister of Estonia announced that the country is ready to share its experience in terms of crypto regulations with the United States. Keit Pentus-Risomannus talked about this with the United States Treasury Secretary Janet Yellen during a special video call and said that the United States is the key ally for Estonia.
China’s Central Bank Takes A Step Forward to Regulate Blockchain
China’s central bank, the People’s Bank of China is set to create industry standards across the financial technologies sector, including blockchain.
Coinbase Applies to the National Futures Association for Trading Crypto Futures
Digital currency exchange Coinbase is working hard to become a qualified cryptocurrency derivatives commission merchant.
Doppel Secures $14M in Series A Funding Led by Andreessen Horowitz
Doppel, a San Francisco-based AI digital risk protection company, secures $14M in Series A funding led by Andreessen Horowitz, aiming to enhance AI-powered brand security against digital threats like impersonation and phishing.
Trading Platform Forex Suggest to Launch Crypto Calculator for Cost Evaluation
Luxembourg-based crypto institution Forex Suggest announced Wednesday the roll out of a cryptocurrency calculator for clients to evaluate trading cost on cryptocurrencies.
Klaytn's Governance Council: Bringing Enterprises and Institutions Together on Blockchain
In part 1 of our interview with Zachary Keats of Klaytn, Kakao’s blockchain development arm, we explored Klaytn and Kakao’s dominance in the online and digital community in South Korea. Although Kakao gives Klaytn a large audience and participant pool in South Korea, what other attributes does Klaytn have that makes it an exceptional blockchain?
Block.one Settles with SEC to the Tune of $24 Million
Blacksburg startup Block.one has agreed to pay $24 million (HK$ 188 million) in fines to settle the allegations of unlawfully selling its ICO (initial coin offering) to US investors. The blockchain company had raised several billion dollars between 2017 and 2018 by selling its own digital currency.
Warren Buffett: Cryptocurrencies Do Not Have Any Value And I Will Never Own Any
Business magnate, CEO and Chairman of Berkshire Hathaway, Warren Buffett on Monday, Feb. 24, confirmed his resentment for cryptocurrency.
UAE Gets First Blockchain-Powered Solution to Acceletrate Motor Insurance Claims
XA Group has rolled out the first end-to-end and blockchain-based digital solution dubbed Addenda to tackle the decades-old industry challenge of reconciling motor recovery claims.
KuCoin Secures Over $10M in Strategic Investment
KuCoin has successfully secured over $10 million from Susquehanna International Group in a strategic investment.
SpankChain Shuts Down SpankPay Crypto Payment Processor
Ethereum-based adult entertainment platform SpankChain has closed down its crypto payment processor, SpankPay, after losing its payment service provider Wyre in February and failing to find a new one.
JasmyCoin $JASMY Unveils Layer 2 Solution, Jasmy Chain, to Democratize Data and Enhance Scalability
Jasmy has introduced its Layer 2 solution, Jasmy Chain, built on Ethereum blockchain, offering an efficient, cost-effective, and secure way for users to transact data, combining IoT and blockchain technologies for data storage and marketplace.
Cardano Announces Shelley Mainnet Launch for a More Secure and Fully Decentralized Future Leading to the “Voltaire” Era
The blockchain engineering company behind Cardano, Input-Output (IOHK) announced in a blog post that the Shelley code was successfully implemented in Cardano’s mainnet. This announcement marks the biggest upgrade to the Cardano blockchain so far, with the deployment of the Shelley code confirmed to have been successfully released on the mainnet on June 30.
Ripple CEO Hints at Firm's Likely Move from US after DOJ Report
Ripple's Chief Executive Officer has hinted that unfavorable regulations may force the company to relocate its headquarters out of the United States.
BNY Mellon Launches Crypto Custody Service - Report
Bank of New York (BNY) Mellon has announced that its digital assets custody service is now live as it seeks to deepen its foothold in the emerging cryptocurrency ecosystem.
McAfee Labs Threat Report Shows Concern for Cryptojacking and Blockchain Security Issues
In August 2019, McAfee Lab released a threat report with conclusive statistics stating cryptojacking being an area of concern.
Web3 Development Platform Alchemy Adds Polkadot's Parachain Astar Network
Alchemy, a pioneer in the blockchain developer platform, announced that it will partner with Astar Network to accelerate Web3 development on Polkadot.
Ripple-Backed BBVA Bank to Launch Cryptocurrency Trading in 2021
BBVA, Spain’s second-largest bank, announced its plans to introduce cryptocurrency trading and custodial services in early 2021.
Dogecoin Whales Make Transfer of up to 90.3M
In the past 24 hours, whales have transferred up to 90.3 million Dogecoin, which is over $15.5 million to an anonymous wallet, data from the Dogecoin Whale Alert's Twitter showed.
Huawei and Beijing Municipal Government Develop Blockchain-Based Data Directory System
Telecoms giant Huawei has joined hands with the Beijing Municipal Government to create a blockchain-powered directory system. It is aimed at addressing the headache of weak applications, scattered coordination, and data sharing in various departments.
Virginia Proposes Regulatory Framework for Digital Asset Mining and Transactions
Virginia Senate Bill No. 339, introduced by Senator Salim, aims to regulate digital asset mining and transactions, exempting businesses from certain licenses and providing tax benefits for digital asset exchanges.
Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies
Ripple has outpaced other indigenous blockchain companies on a recently published list of 5000 fastest-growing private companies in the United States.
Block's Cash App to Allow Free Bitcoin Transactions With Lightning Network
Block, formerly known as Square, owned Cash App will now allow US users to send bitcoin for free globally following its integration with the Lightning Network.
NFT Mania Grips The Market As Hashmasks Emerge
While Bitcoin’s market capitalization passed $1 trillion for the first time ever on Feb.19, the Non Fungible Token (NFT) market has been growing at a pace like never before as well. A NFT is a special kind of crypto token which represents a wide range of tangible and intangible items from sports cards or collectibles, art and even real estate.
Amber Group Expands Retail Trading Operations into Brazil Through WhaleFin
Cryptocurrency financial services startup Amber Group has announced that it will expand its retail trading operations into Brazil through a retail platform called WhaleFin.
Signature Bank Team Joins Customers Bank, Part of $21B Customers Bancorp
Customers Bank, a subsidiary of Customers Bancorp (NYSE:CUBI), has announced the successful onboarding of nearly 30 team members formerly employed by Signature Bank, once known for its crypto-friendly stance.
Ethereum's Average Gas Fees Hit a 3-Month Low
The average gas fees on Ethereum have hit a 3-month low, below $10.
Binance NFT Adds Polygon Network Support for Marketplace Trading
Binance NFT has expanded its marketplace by adding support for Polygon network, allowing users to trade NFTs using their Binance accounts. However, only selected ERC-721 NFT Collections on the Polygon network are currently available on the platform, with more to be integrated regularly. Binance also tightened its rules on NFT listings, delisting those with daily trading volume lower than $1,000 and limiting the number of NFTs artists can mint per day. Binance is also exploring AI with the launch of its AI-powered NFT generator, "Bicasso," which minted 10,000 NFTs in just 2.5 hours.
Microsoft, Eidos, and Fable Plan Blockchain Revival of 'Way of the Tiger'
Microsoft is teaming up with major game developers Eidos and Fable to revive the popular 1980s card game, 'Way of the Tiger' using blockchain technology.
IKEA Permits Invoice-Payment through Ethereum Blockchain
IKEA recently permitted an invoice to be paid from Nordic Strore through the Ethereum blockchain.
Native USDC Integration on Base Blockchain
Circle plans to launch native USDC on Base blockchain, replacing bridged USDbC liquidity. The token will be fully reserved and redeemable for US dollars, enhancing scalability, transaction speeds, and reduced gas fees.
Dubai Seeks to Become Hub of Metaverse
Dubai has set the ball rolling to improve people’s lives and render creative solutions by positioning itself as the global capital of Web3 through its new blockchain and metaverse technology.
April 30: Will Leveraged $$ Bite Time Time?
Bitcoin heading to the moon today, up almost 20% over the past 24 hours. If you're new to cryptocurrency, welcome to volatility.
Ripple XRP Expands European Presence with University Blockchain Research Initiative
Ripple has expanded its University Blockchain and Research Initiative in Europe, incorporating Trinity College Dublin, EPITA, IE University, and University of Trento. The initiative aims to nurture blockchain leaders and align with Europe's goal to become a global crypto hub. IE University will organize a virtual asset regulation workshop.
Block.one Raises $10 Billion in Bullish Global Launch, Triggering a 50% Increase for EOS Token
Block.one, EOSIO's open-source parent company, announced the establishment of a new subsidiary, Bullish Global.
Elliptic to Provide AML Services to Zilliqa’s Blockchain Network
Elliptic, a London-based blockchain analytics startup, has partnered with Zilliqa, a Singapore-based blockchain network provider, to propel the infrastructure compliance and security of the latter’s network by offering an anti-money laundering (AML) compliance support.
Ethereum Tapped by Reddit to Bring Blockchain and Scaling Technology to the Online Forum
Ethereum will be leveraged by Reddit, bringing blockchain technology to the online network for the first time ever through their partnership.
YouTube to Explore NFTs, Head of Gaming Quits to Join Polygon
YouTube's CEO Susan Wojcicki has announced that the company plans on adding NFT features for its video creators. Meanwhile, YouTube’s head of gaming Ryan Wyatt is leaving to join Polygon Technology.
Moonbirds Parent Firm PROOF Closes $50M Series A Round Led by A16Z
PROOF, the parent firm of Moonbirds NFT, has received $50 million in Series A financing in a new round of financing.
Uniswap Launches on Moonbeam Network, Extending to Polkadot
Uniswap v3 contracts are now live on the Moonbeam Network, a core component of the Polkadot ecosystem, facilitating a broader user base to engage with Uniswap via an Oku interface. This integration, spurred by community approval and secure cross-chain protocol Wormhole, underscores Moonbeam’s standing in multi-chain expansions and augments trading experience with enhanced features catering to liquidity providers.
Chainlink’s LINK Crypto Price Surges to a New All-Time High, Signaling a Strong Altcoin Season
Chainlink has surged to an all-time high, $8.48, as recent new partnerships have instigated its bull run. Likely factors that pushed the crypto into its strong momentum were recent high-profile partnerships, price discovery, and the strong altcoin market.
US Congress’ Attack on Amazon, Google, Apple and Facebook Continues, Can Blockchain Benefit?
As the antitrust hearing with tech giants Amazon, Apple, Facebook, and Google (Alphabet) continues, the question of whether decentralization will subsequently rise as a result of the legal tech-policy hearing has been brought up.
Terrorist Groups Use Telegram for Raising Cryptocurrencies
Terrorist groups, including ISIS, Al-Qaeda, and Hamas, are using several social media platforms, including Telegram, to raise funds via cryptocurrencies.
Blockchain Fest Singapore 2023 Wraps Up with Great Success
Blockchain Fest Singapore 2023 Concludes with Successful Outcomes and Valuable Connections
Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19
Tencent Holdings has joined hands with blockchain firm ShareRing to deploy a blockchain-powered digital document and identity management solution.
Ripple (XRP) Check Feature May Soon See the Light of Day
The long-awaited Ripple Check may soon be launched as the margin for the needed votes by the network's validators narrows. With the Check feature, institutions and users will find flexibility in money exchange and adherence to compliance.
South Korea Declares Andong City as Blockchain Free-Trade Zone to Boost Medical Hemp Production
The South Korean government has designated Andong City as a free trade zone for hemp production, leveraging a blockchain network.
HK Legislative Council Member Advocates for Integrating Senior Economy with Web3
Johnny Ng discussed the senior economy's integration with the internet and Web3's potential to boost content creator earnings at the 2023 World Internet Conference, highlighting Hong Kong's growing interest.
It is the Season of Giving! Binance Charity is Giving Back with TravelBit's Partnership
Christmas is here! And to add to the season of giving, Binance partners with TravelBit to allow travelers booking through their website, to donate to the Binance Lunch for Children.
Two Massachusetts Men Arrested And Charged To US Court For Supposed Social Media Frauds And Crypto Theft
Two Massachusetts men had been arrested and charged to court on account of stealing victims' social media accounts and cryptocurrency through swapping their sims, hacking their computers, and other nameless techniques.
'Blockchain Is Bunk': Crypto Critics Find their Voice
John Stark, one of the founding members of the US SEC, joined other experts in a major gathering of crypto sceptics.
Vitalik Buterin Shares Opinion On Crypto Regulation
Ethereum co-founder Vitalik Buterin on Sunday, shared his opinion on crypto regulation, expressing that he is happy exchange-traded funds (ETFs) are getting delayed.
Advancements in Autonomous Driving: Analyzing the Progress of Waymo, Tesla, and Industry Trends
This paper provides an in-depth analysis of the current state and future prospects of autonomous driving, focusing on the roles of Waymo and Tesla in the industry, alongside discussing the broader technological, economic, and regulatory landscape.
Gold Guaranteed Coin Mining Introduces Tokenised Gold Investment
Gold Guaranteed Coin Mining has launched the Gold Guaranteed Coin (GGCM), which uses blockchain technology to digitally store physical gold.
Local Officials Set Ambitious Targets for Digital Yuan Transactions
In 2022, the e-CNY processed $50.5 billion in municipal transactions.
China's Crypto Adoption is Ahead of the US, According to Chainalysis’ On-Chain Metrics
Chainalysis recently published a report on the global adoption of cryptocurrencies and found that China is ahead of the US on the list.
Breaking: Swift, Chainlink, and Major Banks Achieve Multi-Blockchain Token Transfer
Swift, a global financial messaging service, has conducted experiments to facilitate the transfer of tokenized assets across multiple blockchains. The collaboration with major banks, including ANZ, BNP Paribas, and BNY Mellon, aims to solve interoperability challenges that hinder the growth of tokenized asset markets. Swift's existing infrastructure could serve as a single point of entry for financial institutions, reducing operational challenges and costs.
What is Homeworkify?
Homeworkify is an AI-powered educational platform founded in 2023. It's known for assisting students with academic needs, though specific details about its features and plans are limited.
Australian Crypto Market Tanks on the Arrival of Bitcoin and Ethereum EFTs
Australia’s digital currency exchanges began trading funds on Thursday amid a breakdown in the digital tokens.
Huobi to Cease Operations in Thailand After SEC Revokes License
The Thailand subsidiary of the Huobi cryptocurrency exchange has seen its operating license revoked by the country’s Securities and Exchange Commission (SEC) for failing to comply with the system security requirements laid down by the regulator
Ethereum's Vitalik Buterin Concerned About Security Risks That Come With High ETH Transaction Fees
By now, it is no secret that Ethereum co-founder Vitalik Buterin and his team are busy perfecting Ethereum 2.0 and preparing it for its official launch.
Bitcoin Balance on Exchanges Experiences Macro Decline as Price Eyes a Weekly Close Above the 200-Week MA
Bitcoin (BTC) continues to exit crypto exchanges since it’s recording a macro decline.
Robinhood Explores New Feature to Protect Investors from Crypto Fluctuations
Zero-commission financial trading platform Robinhood is exploring a new feature designed to protect investors from price fluctuations during the process of investing in cryptocurrency trading.
17,000 Customers Claim Refund from Collapsed Canadian Crypto Exchange QuadrigaCX
Ernst & Young, the trustee of the now-bankrupt cryptocurrency exchange QuadrigaCX, published a report showing that almost 17,000 people have filed for the remaining assets of the crypto exchange. EY assumed control of the crypto exchange in February 2019 after QuadrigaCX filed for bankruptcy. Ernst & Young took over custody of QuadrigaCX’s assets following the alleged death of Gerald Cotton, the founder of QuadrigaCX, who held the private keys to the crypto holdings, in January 2019. The report indicates that as many as 16,959 people have claimed assets ranging from Litecoin, Bitcoin, Ethereum, Bitcoin Gold, Bitcoin SV, and Bitcoin cash, along with US dollars and Canadian dollars.
PlayDapp's $31 Million Hack: A Blow to Blockchain Gaming Security
PlayDapp, a prominent NFT marketplace, experienced a security breach, resulting in the unauthorized minting of $200 million PLA tokens, worth $31 million.
Bitfinex to Launch New Security Token Offering Platform Regulated by Kazakhstan
Cryptocurrency exchanges Bitfinex is launching a new security token offering (STO) platform regulated by Kazakhstan.
Ethereum Still Undervalued Says Winklevoss as ETH Price Rally Continues Above $1,550
The Ethereum (ETH) price has again surged to a new all-time high of $1,550 but is still undervalued according to Gemini digital asset exchange founder Cameron Winklevoss.
AmeriCoin - The Pathway to Monetary Freedom, Tokenization and the American Dream?
Is cryptocurrency the tool to achieve the “American Dream”? Adam Kokesh, the leading libertarian candidate of the 2020 U.S. presidential race has revealed the plan to develop AmeriCoin cryptocurrency. The development of AmeriCoin will be led by Alastair Caithness, the Chief Blockchain Policy Advisor appointed by Kokesh.
“New FATF regulations will bite next year” NexChange Interview Series with Adam Vaziri, CEO of Blockpass, Part 1
Sign up for Block O2O event “STO: Blockchain Powered Next-level Fintech” on Nov 5th 2019 and get to listen to Adam and Blockpass team’s vision of STO operational hurdles and solution – in person!
Cryptocurrency is Highly Influencing the Gaming Industry
Cryptocurrency is said to be the payment of the future. Since the introduction of Bitcoin in 2009, many industries have incorporated and accepted cryptocurrency as a reliable option for payment. With rising competition and seeing the concrete future in the business of digital currency, many cryptocurrency service providers are available to choose from.
China to Launch Its Own Digital Currency Later This Year
In order to remain ahead in the global competition, China plans to launch its own digital currency known as Digital Currency Electronic Payment (DCEP). The digital currency will stimulate daily banking activities like deposits, payments, and withdrawals from the digital wallet. Crypto news website Coin Journal shows that the People’s Bank of China, China’s central bank has initiated the efforts to roll out its very own digital currency. It is an effort aimed at staying ahead among all the central banks worldwide as well as preserving financial sovereignty.
KuCoin Rolls Out Decentralized Crypto Wallet to Aid Web3.0 Exploration
The Seychelles-based crypto exchange KuCoin has rolled out a decentralized product dubbed KuCoin Wallet, supporting multiple tokens trading and multi-chain aggregation.
Crypto Saw Increase in Professional Investors at Record Rates: WSJ
The Wall Street Journal reported that the crypto industry saw an increase in professional investors at record rates.
Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping
The Australian Taxation Office has issued guidelines on the capital gains tax implications for decentralized finance activities and crypto token wrapping, following a recent security breach.
Mastercard Launches New Crypto Program for Start-ups
Payment giant Mastercard announced Tuesday to kick off a new program for start-up companies to support the development in cryptocurrency and blockchain industries.
Solana NTF Marketplace Magic Eden Is Expanding to Ethereum Blockchain
Expansion into the Ethereum blockchain is set to enable Magic Eden to integrate Ethereum NFTs into its platform.
Crypto Exchange FTX Offers Stock Trading Services to All Users in US
Cryptocurrency exchange FTX.US has opened stock trading services to all users in the US.
Protocol Upgrade to Boost Transactions Speed & Cross-Chain Communcation Security: Algorand
Algorand said that the new protocol upgrade will boost its transactions per second (TPS) and cross-chain communication security via state proofs.
Thailand to Ban Use of Digital Assets as Payment from April
Thailand's market regulator announced that the use of digit assets to pay for goods and services will be banned from April 1, according to a report from Reuters.
Solana-based Decentralized Exchange Slope Finance Raises $8M in Series A funding
Solana-community based decentralized exchange Slope Finance announced to complete the rasing of $8,000,000 in Series A funding, co-led by Solana Ventures and Jump Crypto.
Hong Kong Fintechs Embrace Blockchain and DLT
Blockchain firms make up nearly 40% of all new Hong Kong FinTech companies launched in 2019.
Ankr Becomes an RPC Provider to Ethereum L2 Scaling Solution Optimism
Ankr, one of the world’s fastest-growing Web3 infrastructure providers, is thrilled to announce that it has become an RPC (Remote Procedure Call) provider to Optimism, a blazing-fast and low-cost Layer-2 scaling solution for the Ethereum blockchain. Following this partnership, Ankr is now an RPC provider to 17 blockchains including Ethereum, BNB Chain, Solana, and Avalanche. An RPC enables various applications to interact with the blockchain.
Bank of Lithuania Selects IBM and Tieto as Finalists for its Blockchain-Powered LBChain Project
The central bank of Lithuania has chosen IBM, a technology titan, and Tieto, a leading Nordic software and services company, as the finalists in its blockchain-powered LBChain project. The winner will be announced as the year ends.
Australia's National Blockchain Steering Committee Mobilizes Domestic Developer Community
The Australian National Blockchain Roadmap Steering Committee is seeking expressions of interest from its domestic blockchain community to create working groups on supply chain and credentialing.
BIS Advances Technology in Finance: Quantum, AI, and Green Initiatives for 2024
The Bank for International Settlements announces six innovative projects for 2024, focusing on quantum security, AI, and green finance, to enhance global financial system resilience.
NYDIG Launches Bitcoin Savings Plan for Employees
NYDIG, a company specialising in providing Bitcoin investment and technology solutions, announced on Feb. 1 the launch of an employee bitcoin savings plan that allows employees to convert a portion of their salary into bitcoin.
UK’s Financial Watchdog Warns of Fraudsters Impersonating Blockchain.com
The FCA has raised the alarm about fraudsters who want to lure the public using a cloned version of Blockchain.com, a crypto wallet and trading company.
DJ Steve Aoki to Release NFT Series at Price of 1.5 SOL on August 29
American DJ and EDM producer Steve Aoki, in collaboration with artist Greg Hildebrandt, will be releasing his NFT collection on August 29th at 2 pm.=
Bitcoin Crashed down to $30K-What’s Next?
Despite the price of Bitcoin (BTC) retracted by 30%, followed by a plummet intraday Wednesday. the bulls are trying to push Bitcoin stand firm over the 200-Exponential Moving Average (200-EMA) of around $42K.
Sierra Leone Revamps National ID Infrastructure with Blockchain
According to Sierra Leone’s President, Julius Maada Bio, the nation intends to use blockchain technology in restructuring the national ID system.
Hong Kong-Based Chiron VC Raises $50M for Launching Terra Ecosystem Fund
One of Asia’s biggest Venture Capital firms, Chiron Partners, has launched a $50m ecosystem fund christened the Chiron Terra Fund I aimed at supporting innovative projects that are emerging from the Terra blockchain ecosystem.
OpenAI Introduces New Plugin Feature for ChatGPT AI Chatbot
OpenAI has introduced a new plugin feature for its AI chatbot, ChatGPT, allowing it to retrieve information from online sources and interact with third-party websites. The feature is in the alpha phase and will only be available to a limited set of users initially, with a waitlist in place to access it. The plugins include e-commerce platforms Shopify, Klarna, and Instacart, and travel search engines Expedia and KAYAK, among others.
Dee Templeton Joins OpenAI's Board Amidst Corporate Governance Overhaul
Microsoft's Dee Templeton joins OpenAI's board as a nonvoting observer amidst significant corporate governance changes following CEO Sam Altman's brief ouster and reinstatement.
Theta EdgeCloud Set to Revolutionize AI Computing with Decentralized GPU Power
Theta EdgeCloud is poised to transform AI computing by offering unprecedented access to decentralized GPU resources for AI and video tasks.
Polkadot's Parachain Auctions Filling up With Astar Network Winning Third Slot
Astar Network has won the third parachain auction slot on the Polkadot Network.
Ugandan Government Forms an Expert Task Force to Delve into Crypto Usage
The Ugandan government has formed a team of experts to research and offer guidance on digital financial operations, such as cryptocurrencies in the wake of recent crypto scams.
Crypto Music Platform Audius Allows Sending Token to Support Artists
Crypto music streaming platform Audius has developed a new feature that allows users to send the platform’s governance tokens to their favourite creators.
Chinese Ant Group to Divest Non-Core Assets, Including Blockchain, for Another HK IPO Attempt, Reports Bloomberg
Following information from insiders cited by Bloomberg, Ant Group is contemplating a restructuring plan. To clear the way for its Initial Public Offering (IPO) in Hong Kong, this strategy intends to sell parts of its company that are unrelated to its core financial activities in China.
Could Brock Pierce's Presidential Campaign Damage the Crypto Industry? Tether's Legal Troubles Resume
Brock Pierce’s run for President of the United States may have come at the wrong time, as the New York Supreme Court today ruled that Bitfinex and Tether must face up to allegations that they concealed the loss of commingled corporate and client funds amounting to over $850 million.
Citi Sees the Metaverse to Reach $8 Trillion to $13 Trillion by 2030
Citi expects the metaverse to be worth between $8 trillion and $13 trillion by 2030, given that the exponential growth of NFTs has brought it to the limelight.
Alameda Research co-CEO Sam Trabucco Resigns
Sam Trabucco, co-CEO of Alameda Research, an encrypted digital asset fund, announced on Twitter that he would resign from his leadership position to focus on other personal matters.
Gold, Oil and Bitcoin: What Does One Have to Do With the Others?
You’ll often hear the value of bitcoin being compared to that of gold, with the newest likeness being to oil. But do these three commodities really have anything in common?
Japan’s Financial Watchdog Believes Deregulating Crypto Does Not Necessarily Propel Technical Innovation
After assuming the helm of Japan’s Financial Services Agency mandated with overseeing the monetary sector in July, Ryozo Himino has voiced his reservation of promoting cryptocurrency trading.
Japan’s Financial Services Agency Has Officially Chosen a New Commissioner, Himono
Japan's Financial Services Agency (FSA) confirmed its plans for hiring Ryozo Himono as the new commissioner of the financial watchdog group.
Australia Sponsors Two Blockchain Pilot Projects for AU$5.6M
The Australian government has allocated more than 5.6 million Australian dollars to support two domestic blockchain pilot projects, enhancing the domestic productivity and competitiveness of the Minerals and Food and Beverage sectors.
Uniswap v4 Aims to Dominate Long Tail Asset Market
Uniswap plans to deploy version 4 of its decentralized exchange, aiming to capture long tail assets and small capitalization tokens, enhancing its current offering.
Navigating AI Transparency and Privacy in Digital Commerce
As AI transforms digital commerce, transparency and proactive privacy measures become key to balancing innovation with consumer trust and safety.
Blockchain Association Singapore and Statutory Board JTC Signs MOU Deal
Blockchain Association Singapore and statutory board JTC have signed a Memorandum of Understanding to co-develop and nurture a virtual blockchain ecosystem.
Malaysian Authorities Shut Down Illegal Bitcoin Miners For $600K Power Theft
Malaysian police have shut down two illegal Bitcoin mining operations which had been siphoning power continuously for the past three years.
DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda
Singapore’s biggest bank, DBS Bank joined R3-backed Contour Network known for digitalizing global trade processes. Previously known as Project Voltron, Contour is a blockchain-based trade finance platform, built over R3’s Corda blockchain and was founded by R3 and major global institutions, including HSBC, ING, Standard Chartered, Citi Ventures, BNP Paribas, and Bangkok Bank, Bain & Company, and CryptoBLK. DBS Bank became the first Singaporean bank to join the network.
Cryptocurrencies Experience Record Outflows in Week 1 of 2022: CoinShares
As prices continued their tumble in the first trading week of 2022, digital asset manager CoinShares' report showed that cryptocurrency investment had net outflows totalling a record $207 million.
Brock Pierce Served for Securities Fraud in Connection with His Blockchain Company Block.one During Electoral Campaign
Presidential hopeful Brock Pierce was served a court summons during his electoral rally at his new headquarters in New York City today.
The important role of AI in online casinos
AI is revolutionizing online casinos by enhancing player protection, fraud detection, and targeted advertising. It can analyze gameplay, improve gameplay, and potentially replace in-person dealers with realistic avatars.
Ark Invest Expands Research Arm, Focusing on Blockchain Technology and AI
Ark Investment Management LLC, owned by Cathie Wood, has expanded its research arm as it seeks deeper development in various fields, including blockchain and AI.
Spanish Researchers Deploy AI and Blockchain-Powered App to Tame COVID-19
At least 100 Spanish researchers from the University of Salamanca, the Artificial Intelligent Research Institute, and the Institute of Biomedical Research of Salamanca have joined hands to design an AI and blockchain-based app to picture the evolution of the coronavirus (COVID-19) pandemic. Their objective is flattening this pandemic’s curve as it has wreaked havoc across the globe.
US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters
US lawmakers have introduced a new bill to Congress seeking to impose federal control over the entire stablecoin industry and would mandate issuers to secure bank charters.
Japanese Advertiser Dentsu Offers Influential Manga Comic Critics Blockchain Rewards
A Japanese advertising behemoth, Dentsu has partnered with Kadowkawa ASCII Research Labs to help local content creators on popular streaming apps to gain recognition and have their work critiqued by the public.
Ethereum co-founder Vitalik Buterin Proposes Signature Reduction
Ethereum co-founder Vitalik Buterin proposes reducing the number of signatures for validators in the PoS system to simplify the system, address technical issues, and enhance network security.
Market Researcher States That Bitcoin is an Indicator for Geopolitical Turmoil
Nicolas Colas, a market researcher and Co-founder of market research firm DataTrek Research, says that Bitcoin could be used as an indication for geopolitical turmoil.
OpenAI Introduces the "Preparedness Framework" for AI Safety and Policy Integration
OpenAI has introduced the "Preparedness Framework," giving its board veto over CEO decisions and introducing risk scorecards for AI risk management, demonstrating its commitment to responsible AI development.
Microsoft Fights Piracy by Using Ethereum Blockchain
Microsoft is debuting Ethereum based Argus system to fight piracy concerns
FINEXPO Presents Blockchain Fest Singapore 2023
FINEXPO is proud to bring Blockchain Fest 2023 to Marina Bay Sands Convention Center, Singapore, one of the biggest venues in Singapore. Singapore is the most crypto friendly environment and a real hub of modern financial Asia inviting companies from Europe and the world to join the event.
DeFi Platform DFX Finance Says it Has Been Hacked for $7.5M
The stablecoin platform DFX Finance is the latest victim of a $7.5 million hack
Vietnam Blockchain Association Signs Strategic Partnership with Binance To Drive Blockchain Innovation
The Vietnam Blockchain Association and Binance will collaborate on developing innovation for the local blockchain ecosystem.
Wrapped Tokens Issued by FTX or Alameda Slumps, No Longer Redeemable
Following the filed Chapter 11 bankruptcy from FTX, the wrapped tokens issued by the crypto exchange or its sister trading shop Alameda Research have now undergone a price decline.
Mr Dark's Depraved Rape and Child Porn Site Brought Down by Blockchain Analysis
A Dutch national has been indicted by a federal grand jury in the District of Columbia for operating a depraved and violent pornography site featuring minors and sexual assault. Michael Rahim Mohammed, known as Mr Dark, allegedly profited around $1.6 million which was paid in cryptocurrencies like Bitcoin and Ethereum.
Trustlessly purchasing an NFT on Flare using the token of a different blockchain.
The layer-1 for data, Flare, just completed a live demonstration of new interoperability functionality now available in beta on the network. Using two core interoperability protocols, State Connector and Flare Time Series Oracle (FTSO), an NFT was trustlessly purchased with the transaction taking place on a different chain using a different token. The demo was performed on Flare’s canary network, Songbird, with the purchase made using DOGE and XRP tokens.
UWM Holdings Corp Plans to Accept Crypto for Mortgage Payment this Year
MI. UWM Holdings Corp, a large-scale wholesale mortgage lender in the United States, said it plans to accept cryptocurrency to satisfy mortgage payment this year.
Chinese Premier Li Qiang Advocates Ethical AI Boundaries at Davos
Chinese Premier Li Qiang at the Davos Forum calls for establishing ethical boundaries and good governance in AI development, emphasizing the need for global cooperation and inclusivity.
Musk Says SpaceX will Follow Tesla's Lead in Adding DOGE Payments
Tesla CEO Elon Musk tweeted that in the near future his space venture company SpaceX plans to introduce payments with his favourite crypto asset, dogecoin (DOGE).
Bitwise Recruits BNY Mellon as Transfer Agent for Proposed Bitcoin ETF
On Wednesday, Bitwise amended its Bitcoin ETF S-1 form listing BNY Mellon as the administrator, transfer agent and ETF custodian. The amendment also listed Foreside Fund services as the marketing agent and Cohen & Co…. Read More
World's Largest Law Firm Dentons to Launch fleetAI, Proprietary Version of ChatGPT
World's largest law firm Dentons will launch fleetAI, a proprietary version of ChatGPT, in August 2023, enhancing legal research and document analysis.
Google Unveils IP Indemnity for Generative AI Users
Google Cloud has introduced a two-fold IP indemnity scheme to shield users of its generative AI services from possible legal challenges regarding copyright infringements. This initiative, encompassing both the training data and generated output, reflects a proactive risk mitigation strategy to foster a secure and conducive environment for leveraging generative AI capabilities.
Tesla's Token Rises Despite Shanghai Factory Shutdown
Regardless of Tesla's Shanghai factory shutdown, investors believe the automaker will survive the disruptions as its crypto-token trading suggests a rise in its shares.
Chinese Media Criticizes OKEx for Illegal Advertisements as Bitcoin Surges Above $30K
On June 27th, the Chinese media outlet Beijing Business Daily published an article titled "Bitcoin's Soaring Market Triggers Illegal Speculation Activities, OKX Resorts to 'Indirect' Marketing."
Jul 30 Trading Analysis: The Running of the BTC Bulls
- BTC trading resiliently around the $11k mark with open interest across global exchanges hitting $5 billion, a level not seen since February this year. - Overnight, no surprises from the U.S. Fed who left interest rates near zero and vowed to use all its tools to support the recovery from an economic downturn that Chair Powell called the most severe “in our lifetime.” - Trade strategy: Think we have got some momentum going as rotation from DeFi and precious metals investors as well as even day traders from the U.S. (think Robhinhood).
Binance Enhances Trading Options with New Pairs and Bot Services
Binance boosts its trading services with new spot trading pairs and trading bot services, expanding options and enhancing user experience. This includes pairs like MOVR/TRY, LDO/FDUSD, and more, with a focus on FDUSD and Turkish Lira pairs.
Crypto Market Maker GSR Lays Off Less Than 10% Staff
GSR, a prominent market maker and liquidity provider in the industry, has unemployed less than 10% of its staff during Q3 this year.
US Senators Urge FTC to Address AI-Enabled Scams Targeting Older Americans
US Senators have written to the FTC, urging action against AI scams targeting older Americans, emphasizing the need for detailed data tracking and effective countermeasures.
JPMorgan Chase Adopts Blockchain for Collateral Settlement
Financial tycoon, JPMorgan Chase (JPM), announced to use of blockchain technology in the collateral settlement, planning to expand to other asset types such as equities and fixed income, according to Bloomberg.
CGV Leads Expansion in Bitcoin Wallet Sector with UniSat Investment
CGV invests in UniSat to bolster Bitcoin wallet infrastructure, leveraging UniSat's support for the Ordinals protocol and market presence.
The UAE's Minister of State for Foreign Trade Thani Al-Zeyoudi
Thani Al-Zeyoudi said crypto will "major" in UAE global commerce. The UAE's international trade minister updated 2023 commercial ties and policies. New restrictions allow a $2.7 million penalties for noncompliance. At the World Economic Forum in Davos, the artificial intelligence and digital economy minister spoke.
Why Bitcoin’s Price Is Rising Despite Selling Pressure from Crypto Whales
Bitcoin whales have been depositing their digital asset funds into exchanges recently, potentially signifying an intent to sell, according to CryptoQuant.
IOHK Chief Scientist Discusses the Advantages of Cardano's Rewards Sharing Scheme
Chief Scientist of IOHK and Cardano project owner Aggelos Kiayias thinks that decentralization may be Cardano's most important goal.
Ripple Donates $10M to Humanitarian Organization to Accelerate Financial Inclusion
Ripple has continued to be innovative in finding ways to deliver global financial inclusion amid a struggling COVID-19 economy.
Cake DeFi Levels Up With Razer Silver
Cake DeFi, Asia’s fastest growing cryptofinance platform dedicated to providing access to decentralized financial services, has today announced a market-leading partnership with Razer Silver, a loyalty rewards program for gamers, backed by Razer Inc, the world’s leading lifestyle brand for gamers. The exclusive partnership will deliver class-leading value to both gaming and crypto enthusiasts by enabling Razer Silver customers to exchange their Razer Silver for Cake DeFi vouchers via the Razer Silver Rewards catalogue.
El Salvador Purchases 150 new Bitcoins, Bukele: Buys the dip, Now Holds 700 coins
On Monday, El Salvador President Nayib Bukele announced that the Central American nation bought 150 new Bitcoins from the dip, urging people to buy the dip by giving his "presidential advice".
Alipay and WeChat Pay Could Be Casualties of China's Digital Yuan
Still strategizing to curb the dominance of Alipay and WeChat Pay, the People’s Bank of China will be using its DCEP system to break the cashless payment duopoly.
Mike Novogratz Intends to Donate Most of His Bitcoin Holdings to Charity, But With a Condition
Mike Novogratz has stated that he would be donating most of his Bitcoin (BTC) holdings to charity.
UK’s Argo Crypto Mining Firm Begins Paying CEO in Bitcoin
Argo blockchain crypto mining firm has become the first publicly listed company to pay its CEO in Bitcoin.
Blockchain-Powered Devices to be Worth More Than $23.5 Billion by 2030 According to Business Intelligence Firm
According to a market research report availed by P&S Intelligence, a business intelligence consulting services firm, the worldwide blockchain devices market was worth $0.3 billion in 2019 but is expected to surpass $23.5 billion by 2030.
Steve Bannon Expresses his Admiration for Bitcoin
Co-founder of Breitbart News and former chief strategist for US President Donald Trump's administration, Steve Bannon has expressed his admiration for Bitcoin saying that it is a part of the "global populist revolt" in a CNBC News Squawk box on August 2
Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority
The UK Financial Conduct Authority has granted a license to the Winklevoss twins’ Gemini cryptocurrency exchange.
Blockchain-Based Invoices Reached $1 Billion USD in China with 10 Million Invoices
Shenzhen’s pilot blockchain technology invoice system has reached a new milestone. The program known as ‘fapiao’ which allows the Chinese government to track purchases and prevent tax evasion, has just issued its 10 millionth invoice.
Deso Blockchain Crosses 2 Million Accounts Amid Elon Musk's Twitter Revamp
The DeSo Blockchain, a custom-built layer-1 designed for the scalability of decentralized social applications for millions of users, recently crossed 2 million accounts and 130,000 MAUs.
Spot, Derivatives Trading Volumes across Crypto Exchanges Fell over 15% since May
Overall spot and derivatives trading volumes have fallen over 15% since May to around $4.2 trillion across exchanges as cryptocurrency trading volumes have plummeted.
Aeternity Partners with Uruguay Can to Track Cannabis Production Using Blockchain
Uruguay Can, one of the major cannabis production companies in South America, and Aeternity, an open-source blockchain firm intended for decentralized applications, have partnered in developing a supply chain management platform based on the blockchain technology.
SoftBank Vision Fund to Cut 30% of Global Workforce
According to Bloomberg reports, the investment department of the Vision Fund under the Japanese multinational company SoftBank Group is preparing to lay off 30% of its global employees, a total of about 150 staff.
Japanese Lawmaker Urges Digital Yen Development to Curb China Dominance
Japanese Lawmaker, Kozo Yamamoto has called for the expedited development of Japan’s digital yen as the race to be the first nation with an operating central bank digital currency (CBDC) heats up.
Startup Secret Santa – Bridging Startups, Mentors, VCs and Industry Experts
This Christmas, fintech, blockchain, and social impact startups have an opportunity to spur new growth, new thinking and new innovation for the year ahead with the help of free mentorship from experts and investors representing a wide range of relevant fields, including finance, business development, law, and R&D. Startup Secret Santa will pair 20 mentors with 20 chosen startups for two transformative days of pitching, discussion, and networking.
US Bank Failures Shock Regulators
The New York Department of Financial Services and the US Federal Reserve Board have published their internal reviews on the handling of Signature Bank and Silicon Valley Bank's failures. The string of bank failures, including Silvergate Bank's voluntary liquidation, has prompted regulators to re-evaluate their supervision.
FTX Announces Proposed Settlement and Amended Plan in Chapter 11 Cases
FTX has announced a proposed settlement in their Chapter 11 cases, pending court approval. The settlement includes a "Shortfall Claim" for customers and an amended Plan of Reorganization. The Official Committee of Unsecured Creditors supports the plan, expecting expedited cases and improved recoveries. Customers may receive over 90% of distributable value globally.
What Is Fueling the Dogecoin Hype?
Dogecoin (DOGE), the meme-based cryptocurrency, seems to have entered mainstream finance with ease, being the latest "hot coin" amid the crypto frenzy.
Why Cryptocurrency Massive Energy Consumption Is Extravagant?
Overblown bitcoin energy consumption is leaving an adverse impact on environmental sustainability and different opinions exist of bitcoin miner experts regarding this major concern.
Jun 03: Crypto is not for the faint-hearted
Welcome to the world of volatility. Crypto never sleeps. Bitcoin got whipsaw squeezing shorts to trade above $10,400 on Monday only to get smashed down to $9,300 with fresh longs capitulated (see chart below).
Sky, O2, And Unilever Enter Blockchain Project for Digital Advertising Transparency
Advertisers across the industry are looking for ways to increase transparency in their digital campaigns. Blockchain appears to be a potential solution in this respect. Recently, Sky, O2, and Unilever have joined a blockchain pilot designed to boost digital advertising transparency.
Coinbase Layer 2 Network
Coinbase's new layer-2 network, Base, has Ethereum supporters. One lawyer thinks the launch "opens the way" for the SEC to expedite its "secondary market agenda."
Bitcoin Could Touch $100K by Year-End, Standard Chartered Analysts Predicts
Standard Chartered analysts are projecting a price top of $100K for Bitcoin by the end of this year.
NiceHash Keeps Promise to Reimburse Victims of 2017 Security Breach
NiceHash is making good on its promise to repay victims of the 2017 security breach of its exchange, which saw over 4640 BTC stolen ($55,680,000 in Bitcoin at the time).
South Korean Police Raid Bithumb Crypto Exchange Headquarters On Fraud Allegations
South Korean Police have raided the headquarters of Bithumb cryptocurrency exchange as part of an investigation into fraud.
Opensea Opens Bulk NFT Listings & Purchases for Users
Opensea offers users the to list and buy up to 30 items in a single flow on its marketplace, citing that it’s more convenient and spends fewer gas fees than buying individually.
LINE to Offer BTC, ETH for Payment Options and Introduce token in March
Messenger app LINE is considering adding cryptocurrencies to its payment options and officially launching its native LINK token (LN) in March.
Polkadot and Binance Coin Prices Surge, Flippening Bitcoin Cash and Chainlink by Market Cap
Polkadot (DOT) and Binance Coin (BNB) have climbed up the market capitalization ladder, overtaking Bitcoin Cash (BCH), and Chainlink (LINK).
How to Mine Without Buying A Mining Machine
Bitcoin’s price has been rising incredibly and continues to trend upward. Many people may think that if they cannot buy a Bitcoin mining machine, they are missing out on a huge opportunity to generate profit.
Is Ethereum's Move to PoS Really an Upgrade?
Proof-of-Work is a solution to the Byzantine Generals' Problem. Ethereum's move to PoS looks more like a downgrade into previous solutions that Satoshi Nakamoto tried to avoid.
Why is Nigeria Africa’s Biggest Crypto Hotspot Even Though it Doesn't Even Have a Bitcoin ATM?
Nigeria is the biggest crypto market in Africa, but based on official records it does not have a functional Bitcoin ATM. WeeTracker reported on Jan 27 that this trend is noted in Nigeria despite it backing the first stablecoin project in the continent using its currency the Naira.
Ethereum Beacon Chain Sees Over $2 Billion Worth of ETH Withdrawn in Four Days
Over 1 million ETH, worth $2.1 billion, has been withdrawn from Ethereum's Beacon Chain within the first four days of the Shapella hard fork, with nearly 87% of active validators now able to withdraw their staked Ether. Despite initial community uncertainty about the impact of Shapella on ETH's price, the first four days have resulted in close to a 10% rise, with much of the withdrawn stake being reinvested in the Beacon Chain for interest compounding purposes.
China's Tencent Forms Alliance to Boost Blockchain Development in the Country
China remains a pacesetter in the technological landscape. The Chinese government as well as Chinese companies are all in tandem with the fight to push for a whole new world of technological dominance. This developmental posture is also true of Tencent, one of China’s technologically focused firms that announced it has formed an industrial alliance that will help promote the development of blockchain technology. The alliance is set to recruit 100 members before the end of the year to create room for wider representation.
Polkadot (DOT) Price Analysis - April 21,2021
If the overall crypto market remains bearish, Polkadot (DOT) may follow the broader market trend and continue its current downward momentum, falling below the $30 mark.
HSBC to Issue Digital Bonds to Institutional Investors through Tokenization Platform
Multinational banking giant HSBC has revealed plans to issue digital bonds to corporates and financial institutions through its new proprietary tokenization platform called HSBC Orion.
Bitcoin’s 7-Day Transaction Volume Hit All-Time High of $4.39 Billion
New data by Glassnode reveals that BTC’s seven-day transaction has broken the record at $4.39 billion.
Solana (SOL) Hits New AHT of $145, Displaces Dogecoin To Become the Seven-Largest Cryptocurrency
Solana is making an impressive rally this year, prompting the need to understand such trading performance. SOL's recent performance has replaced Dogecoin to become the seven-largest cryptocurrency.
Ripple Invests in MoneyGram Equity Honoring Commitment to Accelerate and Expand On-Demand Liquidity
MoneyGram has announced that Ripple has made the final 20 million dollar investment in MoneyGram equity pursuant to the original $50 million equity investment commitment made earlier this year.
Ledger and Coinbase Partnership Elevates Crypto Wallet Security
Coinbase and Ledger have collaborated to enhance crypto security and user experience by integrating Coinbase Pay into Ledger Live. This partnership allows users to buy and transfer crypto with unparalleled ease and security, directly from desktop or mobile devices.
EOS Price Analysis- April 1, 2021
Bitcoin has rebounded strongly from around $51K to around $59K in the past week. It has led altcoins to surge as well, including EOS.
Hive Blockchain Says Produced 278.5 BTC and 2,542 ETH in June
Hive Blockchain stated that it currently holds 3,239 bitcoin (BTC) and 7,667 Ethereum (ETH), after producing 278.5 BTC and 2,542 ETH in June.
Bitcoin’s Average Trader Returns Sink to a 14-Month Low as FOMO Factors Become Prevalent
The average Bitcoin trader has been on the receiving end as their returns have nosedived to a 14-month low, as revealed by on-chain metrics provider Santiment.
Russia Won't Follow in the Footsteps of China's Total Ban on Crypto Transactions: Russian Deputy FM
The Russian government said it will not follow China's comprehensive ban on cryptocurrency and has no plans to prohibit investors from buying cryptocurrencies in the foreign exchange market.
How To Buy Bitcoin and Crypto With Paypal in 2021
In November 2020, PayPal announced that all US users would be able to buy bitcoins and 3 other cryptocurrencies (LTC, BCH, ETH) directly through their PayPal digital wallet.
Imperial College London Partners with FluidAI to Address Digital Asset Market Inefficiencies
Imperial College London, a top-ranking UK university, has announced a strategic partnership with the fintech startup FluidAI on August 21. The collaboration aims to address and rectify inefficiencies in the digital asset market using advanced artificial intelligence (AI) technologies.
Coinbase Secures an E-Money License From the Central Bank of Ireland
The US-based cryptocurrency exchange, Coinbase, has just been granted an e-money license in Ireland by the Central Bank of Ireland as it continues its expansion into Europe.
All Nippon Airways Jumps into the NFT Space
According to simpleflying, Japan's largest airline group, All Nippon Airways (ANA) Group, has announced its venture into the Non-Fungible Token (NFT) market, following other airlines including airBaltic, Qantas, and Etihad Airways.
SEC Commissioner Hester Peirce Wants Regulator Clarity for Crypto Innovation
Hester Peirce, Commissioner of the Securities and Exchange Commission has continued her push for regulatory clarity on crypto and blockchain projects to encourage innovation in the US capital markets.
Nigeria’s eNaira Records 200,000 Transactions Worth Over $10 Million Since October
Based on eNaira’s success, Nigeria government is taking efforts to boost the functional capacity of the Central Bank Digital Currency (CBDC).
Blockchain Asia: Technological Solutions to Cultural Mistrust
Jochen Biedermann is also the Founder and CEO of Blockchain Asia which was established in 2016. In this second installment, we discuss Blockchain’s applications throughout Asia, clashes in culture and China’s mission to be the first country with an operating central bank digital currency (CBDC).
Blockchain Labs and HashKey Capital Launch Future3 Campus, a Web3.0 Innovation Incubator
Blockchain Labs and HashKey Capital have announced a joint initiative to establish Future3 Campus, a Web3.0 innovation incubator aimed at promoting the global Web3.0 ecosystem.
Nigeria Eyes New Regulatory Framework to Boost Crypto and Blockchain Adoption
Nigeria’s Ministry of Finance is collaborating with the nation’s capital market watchdog, to provide a new regulatory environment for the blockchain and crypto space.
Coronavirus Measures in China Delay Crypto Hardware for MicroBT and Bitmain Customers
The coronavirus is causing mass disruption throughout Asia and has now been declared a ‘global health emergency’ by the World Health Organisation. The Chinese government have taken drastic isolation measures and over 40 million people are effectively on lockdown. Two major crypto hardware manufacturers have been having difficulties servicing clients from their bases in China.
Panama Looks to Legalize Bitcoin and Ethereum in Line with El Salvador
Panama has introduced a crypto bill with the aim to legalize Bitcoin and cryptocurrencies.
Bitcoin Gets an A, EOS Gets an F in Latest Blockchain Report
Coin Metrics, the research and analytics firm, have ranked the top ten blockchain networks through a multi-variate analysis. The results may surprise many in the community as popular developer chain Ethereum was a awarded a mere B classification while popular chains EOS and Binance Chain took positions at the bottom of the list with an F grade.
Kids Should Be Taught About Cryptocurrency: NYC Mayor-elect Adams
New York City Mayor-elect Eric Adams, a major proponent of cryptocurrency in the US, made another statement in support of digital currencies saying that schools should teach about the technology.
DeFi Trading Platform PancakeSwap Tokens Rose Nearly 12% in the Worth $72M Burning Event
Decentralized trading platform PancakeSwap’s native token Cake burned 5,300,000 cake tokens at a total price of $72 million on Monday. Cake's transaction price subsequently increased by 11.63% which s the largest daily increase since June 23.
US Congressmen Urge Trump to Implement Blockchain Technology for COVID-19 Relief
Nine members of the US Congress advocated for the benefits of leveraging blockchain technology to counter the crisis brought upon by COVID-19.
Chinese State Media Agency Xinhua to Issue First News NFT Collectables
Amid the strict restriction of cryptocurrency activities in China, Chinese state media agency Xinhua will issue its first news NFT collectables on Friday at 8 p.m.
Telegram Mulling to Launch Marketplace for NFT-Like Smart Contracts
Telegram is considering introducing a new marketplace to allow users to transfer usernames via "NFT-like smart contracts," founder Pavel Durov announced.
PolkaFantasy's New NFT Marketplace aimée Features Exclusive Collection from Mega Man’s "Beastroid"
PolkaFantasy, the world’s first Japanese ACG-dedicated blockchain ecosystem, announced the launch of their rebranded NFT marketplace, aimée, on a quest to bring people from all over the world together for their love of NFTs on August 4th and 7th.
European Commission Blockchain Report: The 3 Key Takeaways
Since the inception of Bitcoin, much hype and public attention have followed the development of cryptocurrencies their value being dismissed by many while others have become hoarders of crypto. Away from the uncertainty of cryptocurrency future value, one aspect of the technology is now squarely in the limelight—the blockchain platform or distributed ledger technology that make the currencies possible.
Venom Blockchain Partners with DAO Maker to Incubate Web3 Startups Focused on Real-world Use Cases
Venom Foundation, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM), has announced a partnership with DAO Maker, a leading blockchain growth solutions provider known for their Launchpad, to incubate promising Web3 startups focused on delivering real-world use cases.
The New York Stock Exchange to Mark Companies' Trading Debuts with NFT
The New York Stock Exchange is launching "NYSE First Trade NFTs" to mark the company's historic debut on the public bourse.
Crypto Market Crashes after Putin Announcing Military Operations against Ukraine
The crypto market is full of bearish sentiment, right after Russia launched the latest military operation against Ukraine. Bitcoin has fallen over 8%, whereas Ethereum has plunged over 10%.
Ripple and Chainalysis to Discuss How Crypto for Crime and Child Exploitation Can Be Prevented
An illicit way in which cryptocurrencies have been used in the digital age has been to drive the distribution of child sexual abuse material (CSAM).
Ethereum Dominates European Blockchain Startup Scene
LeadBlock Partners, a European Venture Capital fund that invests in early-stage B2B Blockchain solutions, has announced that Ethereum is a prominent gamechanger among all the European blockchain startups.
Stablecoin Protocol Frax Finance Launches Lending Market Fraxlend
Algorithmic stablecoin protocol Frax Finance has launched its own lending marketplace Fraxlend, allowing users to lend and borrow tokens belonging to the Chainlink data feed without permission.
Gate.io Executive Reveals Global Economic Outlook and Future Cryptocurrency Adoption Amid Coronavirus Pandemic
Blockchain.News exclusively interviewed Marie Tatibouet, the Chief Marketing Officer of Gate.io to explore the current trends and future expected evolution of the cryptocurrency market.
New York Supreme Court Declares NYAG has Jurisdiction over Bitfinex
The New York State Supreme Court ruled that the New York Attorney General (NYAG) has jurisdiction over the case with cryptocurrency exchange Bitfinex, regarding fraud allegations.
UN Agency Advises Kenya to Embrace Blockchain Technology to Tame Corruption
The United Nations Office of Drugs and Crime (UNODC) wants Kenya to embrace blockchain technology to fight runaway corruption.
World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread
With coronavirus (COVID-19) prevention measures necessitating self-isolation and social distancing, Friend of the Sea (FOS), a World Sustainability Organization’s project for seafood certification, has embraced blockchain-enabled virtual audits to mitigate the expansion of this pandemic. As a result, FOS has eradicated onsite scrutinies because safety is of the essence during these trying times.
X.LA’s Alex Barkaloff Reveals Vision to Bring Billions to Web3
Alex Barkaloff, a founding member of X.LA Foundation, has shared his vision for onboarding billions to web3. At the recent CogX festival for CEOs, technology leaders, entrepreneurs, and investors, Barkaloff proposed how web3 must evolve to meet the needs of internet users the world over. He also detailed the role X.LA Foundation will play in allowing content creators to leverage their IP so that they can profitably participate in the metaverse economy which will be enmeshed in this new internet standard.
Goldman Sachs to Launch Data Service to Classify Digital Assets
Goldman Sachs has floated a new crypto categorization tool dubbed Datanomy
The Singapore Fintech Association: Boosting the Industry with Blockchain Education
Following part one of our interview with the founding president of the Singapore FinTech Association, Chia Hock Lai, we further explored the education initiatives in the blockchain industry in Singapore.
Nigerian Blockchain Firm Bitmama Closes $2 Million Pre-Seed Funding Round
Bitmama said the founding round will enable it to open up the continent to more investment and financial opportunities accessible to users.
Noah Davis Quits Christie's To Join Rival NFT Marketplace Yuga Labs
Noah Davis has entered a new phase in his career. Yuga Labs has hired Davis from auction house Christie’s. Davis announced he is pleased to be joining Yuga Labs as sales project lead.
DODO DeFi Token: Everything You Need to Know
DODO is a decentralized exchange based on Ethereum and Binance Smart Chain by using Proactive Market Maker to provide users with a single token market-making to earn transaction fees.
Bitstamp Scraps Inactivity Fee Plan
Bitstamp had announced that as of August 1, it will start charging a monthly 10 euro fee to users with an inactive account to make up for costs. However, the exchange changed their mind within a day.
Bitcoins Rebounds after Witnessing 6 Month Lows due to FUD, Standing around $36K
Subject to fears of a Russian invasion of Ukraine and the possibility of raising the interest rate from the U.S. Fed meeting last week, Bitcoin rebounded during the Asia trading session after it tumbled to its lowest in six months.
FTX Control Failures
FTX CEO John Ray III revealed that control failures at FTX were due to a lack of appropriate financial and accounting controls, inadequate group management structure, and the use of software not suitable for large companies. The multi-billion dollar company was managed by inexperienced founders who relied on a hodgepodge of online shared documents and communications.
South Korea Sees Surge in New Blockchain Platforms for Trading of Unlisted Stocks
South Korea’s progressive-thinking and liberal attitude on blockchain technology and cryptocurrencies got another boost on May 11. Industry sources revealed the upcoming launch of two new blockchain-based exchanges to bolster the financial trading of unlisted equities.
Chamath Palihapitiya Sees Bitcoin as a Hedge Against Economic Uncertainty
Chamath Palihapitiya, the founder and CEO of Social Capital, reveals that Bitcoin acts as a hedge against global uncertainty caused by the pandemic.
Thailand’s SEC Moves to Revoke Huobi's License
Thailand's SEC is about to revoke Huobi's license to operate in the country.
DeWave: Brain-to-Text AI Breakthrough Revolutionizing Communication
DeWave, a revolutionary AI model, translates brain activity into text using EEG and AI, offering communication solutions for speech-impaired individuals with about 40% accuracy.
Alibaba’s Ant Group Set to be 2020’s Top IPOs in Hong Kong and Shanghai
Ant Financial, formerly known as Alipay and known renamed to ‘Ant Group’, has announced its intentions of launching an initial public offering (IPO) that would be featured both on the Shanghai Stock Exchanges' STAR board and the Stock Exchange of Hong Kong (HKEX/ SEHK).
Singapore's Whampoa Group Raises $50M for Crypto Hedge Funds
According to Bloomberg, Singapore-based asset management firm Whampoa Group plans to raise $50 million for a crypto hedge fund and has announced plans to set up a venture capital fund to invest in digital assets.
Why Bitcoin is Popular among Investors
The number of forums where people are discussing Bitcoin trading and investing has increased over recent years. More companies and individuals are also interested in Bitcoin trading and investing.
Aave Integrates with Pocket Network for Dapps Development
Aave announced integration with the distributed network of over 44,000 nodes on the Pocket Network to enhance decentralized application development.
Ripple Welcomes Former JPMorgan Chase Chief Regulatory Affairs Officer to its Board of Directors
Ripple has been expanding its network and recently, the blockchain firm has made yet another move to bring its company growth to another level.
Interactive Brokers Launches Crypto Trading Services for Institutional Clients
In 2023, Hong Kong will cooperate with cryptocurrency and fintech firms.
The Central Bank of Nigeria to Conduct its Central Bank Digital Currency Pilot on October 1
The Central Bank of Nigeria (CBN) officially announced to pilot its central bank digital currency programme on the Hyperledger Fabric blockchain on October 1.
Thailand Eyes Crypto Tourism to Increase GDP
Thailand could see a new phase in its tourism sector as it plans to target crypto digital nomads to increase its GDP.
Alibaba Unveils Its First Home-Grown AI Chip
Chinese e-commerce giant Alibaba unveiled its first artificial intelligence inference chip on Wednesday, a move which could further invigorate its already rip-roaring cloud computing business.
Alibaba Founder and China's Richest Man Jack Ma: Digital Currency Could Redefine Money
Alibaba founder and China's richest Jack Ma says digital currency could redefine money and digital currency is the core of future finance.
HSBC Becomes the First Bank to Finance Transaction via Hyperledger
Multinational banking giant, HSBC has reportedly become the first bank to complete a financial transaction using the blockchain trade platform, we.trade based in Europe.
Slangs Used in Crypto Space
There is a plethora of crypto slang in the industry and it can be helpful to know about them as it can quickly explain the different terms used in the industry.
Avalanche Launches Avaissance to Boost NFT Ecosystem
The Avalanche Foundation has announced the launch of Avaissance, an initiative aimed at supporting digital artists and growing the Avalanche NFT ecosystem. The program includes an Artist in Resident program for over 50 artists and the Mona Lisa Initiative to curate digital art and expand the collections of art-focused DAOs. In other news, Ticketmaster has announced a new feature, token-gated ticket sales, allowing artists to reward NFT holders with exclusive benefits. Popular NFT artist Patrick Amadon withdrew his work from a major auction house to protest a lack of female representation. Sony Interactive Entertainment filed a patent for a framework allowing users to transfer and utilize NFTs across multiple game platforms.
Hong Kong-Based LOST Launches World's 1st Escape Room in Metaverse
Hong Kong-based LOST has launched the world's first escape room in the metaverse.\
Surge in Generative AI Adoption Across Sectors: Balancing Innovation and Risks
Recent surveys highlight a significant increase in generative AI adoption in public and private sectors, driven by its potential for innovation and productivity. However, concerns over governance, risk management, and economic inequality emphasize the need for responsible and ethical use.
Understand JPMorgan's DocLLM: Enhancing AI-Powered Document Analysis
JPMorgan introduces DocLLM, an AI model for multimodal document understanding. This lightweight extension of LLMs excels in analyzing business documents, employing a novel spatial attention mechanism and bounding box information instead of costly image encoders.
PartyDAO Raises $16.4 Million Led by a16z
PartyDAO has raised $16.4 million in funding led by Andreessen Horowitz (a16z), The Block reported.
XRP Up 186% on One-Year Price Gain, What to Expect From Ripple and XRP in Two Years
Ripple CEO Brad Garlinghouse explained what was in store for his blockchain firm and XRP in two years, as Ripple continues to grow despite COVID-19.
Abu Dhabi to Integrate Land Records on the Blockchain Platform
The capital of the United Arab Emirates (UAE), Abu Dhabi has revealed its intentions of putting its land registry system on the blockchain.
Switzerland's Canton of Zug Will Accept Bitcoin and Ethereum For Tax Payments From 2021
The canton of Zug in Switzerland plans to start accepting taxes in cryptocurrencies from the beginning of next year.
India Crypto Exchanges Restrict Rupee Deposits to Buy Crypto
Indian cryptocurrency exchanges CoinSwitch Kuber and WazirX have banned users from making rupee deposits to buy cryptocurrencies due to issues with the United Payments Interface (UPI), Reuters reported.
Bitcoin-like Wisdom: Edward Snowden's Call for Algorithms to Replace Institutions
Edward Snowden's vision of AI and Bitcoin's financial revolution share a common theme of decentralization and replacing traditional institutions, highlighting concerns about surveillance and public trust.
Bitcoin Price Bull Run Will Hit All Time High in 2020, Predicts Billionaire Bitcoin Investor
The Bitcoin price is heading to $20,000 by the end of 2020 according to billionaire cryptocurrency investor Michael Novagratz, CEO, of Galaxy Digital.
Investors Interested in Digital Assets Despite Volatile Market
Bitcoin attracted $69 million in inflows, 90% of the week's total, according to CoinShares.
Billionaire Mark Cuban Thinks Ethereum Will "Dwarf" Bitcoin, ETH Sets New Record-High of Over $2,150
Ethereum has soared to a new all-time high of over $2,150 and that has contributed in pushing the entire cryptocurrency market to $2 trillion.
Dubai's VARA Appoints Matthew White as CEO
Dubai's VARA is appointing Matthew White as its new CEO, focusing on regulatory compliance in the cryptocurrency space, following a leadership transition.
Federal Reserve Backs Ethereum Powered AMERIBOR as a Viable Replacement in Setting Interest Rates
US Federal Reserve Chairman Jerome Powell backs the replacement of LIBOR with AMERIBOR. AMERIBOR is an Ethereum based lending protocol that is aimed at removing the inadequacies of the LIBOR index.
Fantom Collaborates With Dedaub To Automatically Detect Smart Contract Bugs With Watchdog
Scalable layer 1 platform Fantom announced its collaboration with Dedaub to leverage its automated system called Watchdog to look for smart contract bugs in the Fantom ecosystem.
Monero (XMR) Hits a Three-Year High
With the rapid development of the decentralized market, Monero has received widespread attention and has hit a 3-year high to celebrate the 7th anniversary.
Top Latin American Crypto Exchange Bitso Enters Colombia
Bitso, one of Latin America's largest cryptocurrency exchanges, said it will enter the Colombian market, hiring former Mastercard executive Emilio Pardo as its new country manager.
Nium Pairs with Bitpay to Launch API-based Solution, Enhancing Crypto Payments for Business
Payments platform Nium has launched an API-based solution called "Crypto Accept", which aims to provide crypto payments to businesses around the world.
EU Lawmakers Urged to Speed Up Passage of Crypto Law
Controversial provisions of the MiCA framework aim to simplify the rise of crypto businesses across the EU's 27 member nations.
South Korean Bank, KB Kookmin, Shares Blockchain Strategy
KB Kookmin, a major South Korean bank, is planning to adopt blockchain technology into its internal processes.
Regulatory Clampdown Pushed US and China Down the Crypto Adoption List, Chainalysis says
Cryptocurrency analysis data platform Chainalysis released a report highlighting a declining ranking in the US and China cryptocurrency adoption rate while emerging economies record significant growth in crypto adoption.
iComply on FATF Travel Rule: Cryptocurrency is Meant to be Trustless, Not Anonymous
iComply Investor Services (iComply) is a regulatory technology (Regtech) company focused on making financial markets more robust, secure, and efficient. We asked their CEO, Matthew Unger for his take on 2019 FATF Travel Rule Guidelines and find out what these recommendations really mean and how should exchanges or VASPs observe them?
Republic Capital to Raise $700m for Two Crypto-focused Funds
Investment platform Republic is raising $700 million for two new cryptocurrency funds, a $200 million flagship venture fund and a $500 million dedicated crypto fund, Axios reported.
US Bank Regulators Confess Mistakes
US bank regulators have admitted to errors in supervision after high-profile bank failures, with the New York Department of Financial Services publishing its review of Signature Bank and the US Federal Reserve Board releasing its review of Silicon Valley Bank.
New US CFTC Regulatory Framework to Have a Major Impact on Digital Assets
The new regulation by the CFTC is designed to benefit digital currencies in the era of the growing involvement of cryptocurrencies in the derivative market
Road to a US CBDC? Ex-CFTC Chairman Released Written Remarks on Digital Dollar in Davos 2020
Davos 2020 to host ex CFTC Chairman, J. Christopher Giancarlo, and his insights on the possibility of CBDC and its many advantages!
World Bank Pushes to Raise the Bar for FinTech and DLT for Cross-Border Interoperability and Financial Inclusion
The World Bank Group has recently published a study, issued by the Bank for International Settlements (BIS) on “Payment aspects of financial inclusion in the FinTech era,” highlighting the concepts derived using blockchain, including stablecoins, and central bank digital currencies (CBDCs).
Once Upon a Time in Blockchain: The Reinvention of Storytelling
Storytelling is a timeless craft. From early human art in caves around the world, to the complexity of Egyptian hieroglyphics, people have been crafting and telling stories for millennia. Now, blockchain has emerged as the next platform to create and tell stories on.
Crypto Exchange Blockchain.com Expected to Launch IPO This Year: Bloomberg
Cryptocurrency exchange Blockchain.com is expected to go public as soon as this year, according to Bloomberg.
Galaxy Digital Looks to Complete BitGo Acquisition, US Listing by Q1 2022
American digital currency service provider, Galaxy Digital, says it is on track to complete its acquisition of BitGo by the first quarter of 2022.
Ethereum Sustains Price Above Key Support Level as Addresses With 1+ Coins Hit ATH
Ethereum is trading above the $1,800 support level as its bull run is currently fueled by retail holders.
Binance Informs Customers of Upcoming Service Disruption
Disruption begins February 1. U.S. Dollar-held bank account holders who use SWIFT to acquire or sell cryptocurrencies under $100,000 may be impacted. Binance needs a new SWIFT (USD) partner to prevent service delays.
Ethereum Developer Indicted for Blockchain and Crypto Expertise Sharing in North Korea
A judge has ruled that the U.S. Department of Justice has enough evidence to move to trial against Ethereum developer Virgil Griffith after he allegedly aided in the circumvention of U.S. Sanctions that have been placed on the Democratic People’s Republic of North Korea.
Solana Wallet Developer Cashmere Raises $3M in Seed Funding
Solana's enterprise wallet developer Cashmere announced on August 9 that it has raised $3 million in seed funding at a $30 million valuation.
Crypto Lending Firm Delio Faces Regulatory Sanctions for Compliance Failures in South Korea
South Korean crypto asset management firm Delio has been fined KRW 1.896 billion and suspended for three months by the Financial Services Commission's Financial Intelligence Unit due to non-compliance with financial transaction laws.
Estee Lauder Uses Blockchain Technology to Further Beauty Solutions
Estée Lauder Companies (ELC) has established a blockchain platform to meet sourcing standards for its Madagascan vanilla.
Cardano Breaks Correlation with Bitcoin Price with Recent Partnership with Coinbase and Shelley Mainnet Launch
Cardano recently partnered with Coinbase Custody to allow ADA holders to stake and store their funds in a secure cold wallet. The launch is expected in Q4 of 2020, once the staking rewards on Cardano’s Shelley mainnet becomes available.
Apple is Keeping an Eye on Cryptocurrency: CEO Tim Cook
Apple CEO Tim Cook said the company is keeping a close eye on cryptocurrency features it could introduce in its products in the near future but the company has no plans to make crypto an accepted method of payment anytime soon.
Hex Trust Partners with Chainalysis to Provide a Compliance-focused Custody Solution for Financial Institutions
Hex Trust, the leading digital asset custodian for the banking sector, today announced its partnership with Chainalysis, the blockchain analysis company
Crypto OTC Trading Platform B2C2 Launches New Bitcoin-Settled Gold Derivative
Cryptocurrency over-the-counter (OTC) trading platform B2C2 created the first gold derivative product, priced and settled in Bitcoin. B2C2 stated that the gold-bitcoin derivative would allow institutional clients to trade gold via its OTC trading operations regulated and licensed by the United Kingdom’s Financial Conduct Authority (FCA).
Blockchain Investments Declined 63% Due to COVID-19, Says New KPMG Report
Auditing firm KPMG has recently published its 2020 Global Emerging Technology Survey Report that identified a decline in investments into blockchain technology because of the coronavirus pandemic. However, the study predicts that the sector would be one of the industries, which would probably obtain the highest amount of investment in the next 12 months.
How the First ESG Blockchain Is Doing It Right?
While other blockchains are mainly interested in end crypto users, Telos focuses on solving development problems. This op-ed discusses how blockchain company in response to ESG issues in the business world.
UK to Invest £100m in Global AI Chips Race
The UK government commits £100M to fortify its position in the AI chip market, targeting essential components from Nvidia, AMD, and Intel. Despite this, concerns arise about the UK's global semiconductor share and its comparison to the US and EU investments. Amid geopolitical tensions, the UK plans an AI summit and emphasizes its dedication to being a global AI leader.
The Algorand Foundation to Integrate Chainalysis KYT for Transaction Monitoring and Compliance
The Algorand Foundation will be leveraging Chainalysis’ Know Your Transaction (KYT) for transaction monitoring and compliance processes after its integration.
Avo Receives First Virtual General Insurer License in Hong Kong
Hong Kong’s Insurance Authority (IA) announced on Tuesday that it has granted the first authorization for virtual general insurance under Fast Track. The license was granted to Avo, a local insurtech company providing products like health and travel insurance.
May 18: Are leverage traders waking up from their bad dream on March 12?
A sea of green across crypto on Monday Asia morning with BTC recovering close to $10k again from its low on Friday at $9,150. This broad based rally includes some overshoots such as ETH, BSV and BCH all up 6% or more in the last 24 hours. Interesting headline over the weekend that could inflict some short-term pain: another mega $1bn crypto ponzi WoToken has been taken down by the Chinese police.
Citi Bank Launches "Digital Asset Group" for Developing Crypto Products
Citi group announced a "digital asset group" has been launched in its wealth management department for developing crypto-related products.
Staked Ethereum Surpasses Mined ETH
Ethereum locked in the ETH 2.0 deposit contract continues to outway the one being mined on a daily basis, which is a bullish sign.
101 Azuki Purchaser 'LastKnight' is Adrian Cheng
Adrian Cheng has been revealed to be the mysterious "LastKnight," who bought 101 Azukis amidst ongoing controversy.
Bulgarian Authorities Accuse Four Persons After Nexo Office Raid
The Sofia Nexo raid resulted in four charges. Nexo lets investors borrow and stake crypto. The UK, Bulgaria, and Switzerland-based corporation does not serve Bulgarians. Nexo announced its US service phaseout in December.
Trump Launches Limited Edition Digital Trading Cards on Bitcoin Ordinals
Donald Trump's latest NFT collection, minted as Bitcoin Ordinals, brings a unique collectible aspect to the digital trading card market. This integration into the Bitcoin blockchain ensures longevity and immutability, enhancing the value of these limited-edition collectibles.
DeFi Yield Protocol (DYP) Anticipates Metaverse Platform Launch with Listings on Coinbase, Huobi, and MEXC
DeFi Yield Protocol (DYP) announced listings on several industry-leading exchanges, including Coinbase, Huobi Global, and MEXC. This is just one of the many developments in the project’s fast-paced evolution, including its upcoming Metaverse platform, where users will get to interact with Cats and Watches Society (CAWS) NFTs. Moreover, DYP took center stage at Deep Forest Fest. During this prestigious music festival, DYPians had the great opportunity of meeting the team.
Professional Investors Believe Crypto Will Become Mainstream, Study Says
A recent survey by London-based crypto hedge fund Nickel Digital Asset Management found that professional investors believe that digital assets will become mainstream in the future.
Chainlink Introduces SCALE Program to Drive Ecosystem Growth
Chainlink has introduced the Chainlink SCALE program to accelerate access to oracle products and services for both Layer-1 and Layer-2 protocols.
XRP Flare Fork to Airdrop Free Spark Tokens, but Coinbase and Kraken Will Not Benefit
With just under two weeks to go before Flare Network's airdrop goes live, it may be too late for some cryptocurrency exchanges to join.
Why the SEC Charged Telegram, EOS, Kik and ICORating: Are Your Cryptos Safe?
Could the SEC charge your blockchain or crypto project? Let's take a look at why Telegram, EOS, Kik, and ICORating have been charged.
Bank of Thailand Completes Digital Bond Issuance With Blockchain
Thailand’s apex bank, the Bank of Thailand has leveraged the power of blockchain technology to launch a platform for government bond savings issuance
ChangeNOW Hits 250 Supported Crypto Assets
ChangeNOW announces that the overall number of assets supported by the exchange exceeded 250 after listing 27 tokens this summer.
China's "Instagram" chooses Conflux Network for permissionless blockchain integration
Little Red Book, (XiaohongShu), the Chinese version of Instagram integrates Conflux Network as permissionless blockchain allowing users to showcase NFTs minted on Conflux on their profile page in the digital collection section called ‘R-Space’.
Craig Wright's Settlement Offer in Bitcoin Litigation Sparks Debate Over Decentralization
Dr. Craig Wright, self-proclaimed Bitcoin creator, has offered a settlement to COPA in ongoing legal battles, raising questions about Bitcoin's decentralization and the future governance of the cryptocurrency.
India IT Tech Firm Partners with Local Government to Introduce Blockchain Acceleration
Huge development talks originating from Pune City, shows that India IT services firm Tech Mahindra recently introduced the T-block Accelerator, the maiden accelerator program for the Telangana Blockchain District in partnership with the state government and IBC Media, an innovative management company.
New Bitcoin Lightning Network Vulnerability Exposed: The Replacement Cycling Attack
A new vulnerability termed as "replacement cycling attack" on the Lightning Network has been unveiled by a developer known as mononaut. The attack manipulates the transaction mechanism of the network, potentially causing financial loss to users. This revelation has led to the resignation of security researcher Antoine Riard from the Lightning Network development team. Despite the challenges, the network's locked-in value stands at $159.5 million, indicating its growing popularity since 2018.
400 Crypto.com Accounts Hacked, CEO Confirms Reimbursement for all Victims
According to a Bloomberg interview, Kris Marszalek, CEO of Crypto wallet provider and trading platform Crypto.com, said he would be more than willing to share information about Tuesday's hack if the regulator has any relevant inquiries.
South Korea's National Tax Service Advances on Cryptocurrency Oversight with Integrated Management System
South Korea's National Tax Service is set to complete the 'Integrated Cryptocurrency Management System' by 2025, aiming to enhance tax compliance and prevent illicit activities.
Bitcoin 2019 Yearly Overview - Price Movements, Advancement and Adoption
The rise and fall of Bitcoin in 2019, with information on price. adoption and what 2020 could hold.
U.S. Moves to Combat Deepfake Pornography with the Preventing Deepfakes of Intimate Images Act
Representative Joe Morelle introduces the Preventing Deepfakes of Intimate Images Act, a bipartisan legislation criminalizing the creation and distribution of non-consensual deepfake pornography, primarily affecting women and girls.
Internet Computer to Integrate with Bitcoin and Ethereum by the End of 2022
Internet Computer has launched a roadmap for 2022, saying it will roll out the integration of Bitcoin and Ethereum by the end of 2022.
How Distributed Ledger Technology Can Help our Dying Planet Become a Greener Place
Industrialization and urbanization, the very things that have been adding so much to our countries, are now killing them. The World Health Organization says that at least 4.2 million people die each year because of air pollution.
Premier League Champion Manchester City Tokenizes its Players via Superbloke
It has been reported that the Premier League championship, Manchester city had signed South Korea’s Superbloke who is a sports game developer, to become the Club’s official blockchain-based gacha gaming partner in Korea, Japan and South-East Asia. Gacha games involve virtual currency.
Why is everyone going crazy over NFT?
Dmytro Volkov, CTO of the international cryptocurrency exchange CEX.IO, has over 15 years ’work experience in IT, including over 10 years in financial markets. He has optimized the technology and processes at the CEX.IO exchange, as well as the trading and analytics systems and integrations with external systems. Equally, he has created the CEX.IO Broker platform to trade derivatives, an author of trainings on financial and tech topics as well as a speaker at industry-wide conferences.
Ethereum Foundation Suffered from MEV Bot Attack in Eth Selling
The Ethereum Foundation suffered a Sandwich attack by an MEV Bot during a 1.7k ETH transaction on Uniswap V3, resulting in a $9,101 loss. The incident spotlights the rising menace of MEV exploits and underlines the necessity for enhanced security protocols in blockchain transactions.
Binance To Terminate Chinese Yuan Transactions after China's Strong Encryption Ban
Binance announced today that it will terminate C2C Chinese Yuan trading before the end of this year. The action is considered a backlash in response to China’s latest crypto ban.
Abu Dhabi to Host Inaugural Middle East Blockchain Awards
The first edition of the Middle East Blockchain Awards will be held in Abu Dhabi in November 2022, to recognise and reward outstanding efforts within the fields of blockchain and Web 3.0 innovations. Hoko Agency Middle East will host the Awards, in association with Abu Dhabi Global Market's flagship platform, Abu Dhabi Finance Week; and the Middle East, Africa and Asia Crypto and Blockchain Association (MEAACBA).
Growth of Blockchain Market will Reach $67.4B by 2026: MarketsandMarket Report
MarketsandMarkets, a revenue impact and advisory firm, released a new market research report on July 4, stating that the market global trend is witnessing the growing popularity of cryptocurrencies.
Virgin Galactic CEO Rejects Coronavirus Bitcoin Bull Theory as “Idiotic”
Virgin Galactic CEO, Chamath Palihapitiya has dismissed the notion that the disruption to traditional markets caused by the coronavirus will serve as the catalyst for a major Bitcoin and cryptocurrency bull run.
Elon Musk developing AI startup to rival OpenAI
Elon Musk is creating a new AI startup to compete with OpenAI, assembling a team of researchers and engineers while in talks with investors for the upcoming venture.
OpenAI Dismisses NYT Copyright Lawsuit as Baseless Amid Rising Legal Challenges
OpenAI has dismissed a copyright lawsuit by The New York Times, which alleges unauthorized use of its content for AI chatbot training, as "without merit." The case highlights significant challenges in AI and copyright law.
Token Taxonomy Act that Will Exempt Cryptocurrencies from Securities Laws Reintroduced in US Congress
A crypto bill suggesting that certain cryptocurrencies should be exempted from securities laws has been reintroduced to US Congress for review.
Hong Kong Experienced Crypto Break Out Year in 2021: Gemini Report
Hong Kong experienced a break out year for crypto investing in 2021 and currently, the city has a 24% adoption rate in crypto investors, according to a report by global cryptocurrency exchange Gemini.
Opinion: The Merge- Key Questions to Answer
For the upcoming Ethereum Merge, some of the issues and answers to some of the questions often come up about crypto’s biggest event.
Mercedes Benz To Launch A Blockchain-Based Carbon Emission Tracker
German automobile manufacturing company, Mercedes-Benz reported that they are working on an automobile blockchain gas emission tracker.
CFTC Commissioner Brian Quintenz: US SEC Has No Authority Over Cryptocurrencies
The recent heated debate between the US SEC officials and the CFTC over who should police crypto tokens highlights the difficulty in applying existing regulations to the nascent sector.
HashKey Exchange Becomes First Licensed Retail Crypto Trading Platform in Hong Kong
Hong Kong, 3 August 2023 - HashKey Exchange has announced the official upgrade of its Type 1 and Type 7 licences, becoming the first licensed virtual asset exchange for retail users in Hong Kong.
Coinbase to Launch 2nd Crypto Derivatives Product-Nano Ether Futures for Retail Brokers
Coinbase Derivatives Exchange (formerly FairX) will launch its second crypto derivatives product, Nano Ether Futures Contracts (ET) on August 29.
Blockchain's Adoption & Capabilities Increase against Fraud in Public Finance Sector
Based on blockchain’s inherent capability of tackling fraudulent transactions, this cutting-edge technology is expected to continue being adopted in the banking and financial services sector, according to HashCash Consultants CEO Raj Chowdhury.
Coca-Cola to Launch First-Ever NFT Collectibles to Honor International Friendship Day
Coca-Cola has partnered with Tafi, a leading designer of avatars and digital wearables, for the company’s first-ever non-fungible token (NFT) to celebrate International Friendship Day to be held on July 30.
Bittrex Leverages Chainalysis KYT Tool to Enhance Security and Regulation Compliance
Cryptocurrency exchange Bittrex will use Chainalysis Know Your Transaction (KYT) to meet new and existing regulatory and compliance standards, and establish a safer, more secure platform for their users.
Crypto Miners in Texas Halted Due to Extreme Heat
Many crypto miners have shut down operations due to a heatwave in Texas.
Hong Kong’s Central Bank and Bank of Thailand Announce Results of Blockchain-Based CBDC Study
The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand published the results in a research report of the Project Inthanon-LionRock, by the two central banks on the application of central bank digital currencies (CBDCs) on cross-border payments. In May 2019, the two authorities signed a Memorandum of Understanding (MoU) on fintech collaboration, as Thailand is one of Hong Kong’s top 10 principal trading partners.
Senator Michael Bennet Urges Tech Giants to Curb AI-Generated Misinformation
U.S. Senator Michael Bennet from Colorado has today called on leaders of prominent technology and artificial intelligence (AI) companies, including Meta, Alphabet, Microsoft, Twitter, TikTok, and OpenAI, to implement proactive strategies to combat the proliferation of misleading AI-generated content.
RCMP Requests Exchanges to Stop Trading with 34 Crypto Wallets, amid the Freedom Convoy Protest
The Financial Post has confirmed that the Royal Canadian Mounted Police has asked several Canadian cryptocurrency exchanges to block transactions on 34 crypto wallets related to the truckers’ “Freedom Fleet” protest.
Bitwise Explores ETP Offering for Ethereum Layer-2 Networks
Bitwise is eyeing an Exchange Traded Product (ETP) focused on Ethereum's layer-2 solutions, with CIO Matt Hougan confident in the ecosystem's potential.
Shenzhen Warns Against the Resurgence of Illegal Activities Owing to the Promotion of Blockchain Technology
The Office of the Leading Group for Special Remediation of Internet Finance Risks in Shenzhen has warned about the seeming resurfacing of illegal activities as a result of interest in cryptocurrency.
AI Breakthrough: Devin, the Self-Programming Software Engineer, Raises Eyebrows in Tech
Cognition Labs' Devin AI, capable of autonomously coding and solving complex software tasks, ignites debate over the future of software engineering.
US Television Network Provider Dish Aims to Track and Stop Piracy Using New Blockchain Systems
In recent years with subscribers moving to newer forms of media, including internet-based streaming services such as Netflix, Dish has struggled to maintain its customer base, with 381,000 subscribers lost in 2018’s Q4.
THORChain (RUNE) Price Soars After Multicoin Capital’s Heavy Investment
Multicoin Capital has made an unusual move by betting big on THORChain (RUNE), a digital currency that is not widely acclaimed like BTC
Blockchain for Gun Control in the US: The Great American Dilemma
Columbine, 1999. Sandy Hook, 2012, Las Vegas, 2017. Aurora, 2019. The list of mass shootings in the United States grows larger and deadlier every year. Blockchain can address the technological challenge of gun control, but a radical shift in American society's stance on guns is paramount.
IT Firm Globant Purchases Bitcoin for $500K as the Latest Institutional Investor in BTC market
Globant becomes the latest major company to invest a total of $500,000 in Bitcoin in the first quarter of 2021.
Polygon Emerges as Second-Largest Blockchain Gaming Network
Polygon, a layer-2 scaling solution for Ethereum, has become the second-largest blockchain gaming network with 138,081 unique active wallets engaging in games in March. Polygon surpassed third and fourth-ranked Hive and BNB Chain, with Wax in the first place with 314,000 UAWs. Polygon's surge in user activity was primarily due to Hunters On-Chain, which saw a UAW increase of over 17,000% in the past 30 days alone. Polygon is gaining recognition as a gaming blockchain and has notched big-name partnerships such as Warner Music, Starbucks, and Adobe.
Security Token Market Launches 1st Tokenized Crowdfunding Campaign
Global leader of media and data for tokenized assets Security Token Market (STM) launches the first tokenized crowdfunding campaign that supports Web3 governance.
Bitcoin Lightning Network Goes Parabolic after Hitting ATH Capacity of 2,738 BTC
The Bitcoin lightning network has been experiencing an uptick, given that its capacity recently reached a record high of 2,738 BTC.
MetaMask Launches Bridge Aggregator, Enabling to Move Tokens across Blockchains
Popular self-custodial wallet MetaMask has now launched a bridge aggregator allowing users to bridge across multiple blockchain networks.
McAfee Admits 2020 Bitcoin Million Dollar Price Prediction Was a Ruse
John McAfee, creator of the McAfee cybersecurity company has finally admitted that his famous 2020 million dollar Bitcoin price prediction, to which he staked his sex organ, was just a ruse to attract new users.
Ethereum’s Launch Ready for Take-Off as Deposit Contract Target Met, ETH Price Smashes $600
Ethereum 2.0’s launch is going to happen on December 1 at 12 pm, as the required number of staked Ether for the deposit contract was locked in late last night.
Korean Blockchain Games Are Becoming More Mainstream in Global Markets
The latest Game “Crypto Legends” and “Knights Story” developed by Weneepl and Biscuit gaming have been released into the markets with a large demand happening all across the world. In Korea due to market rulings and regulations, the games are not in full availability in Korea, but booming abroad.
tZERO Partners With Alliance Investments to Tokenize $25M Real Estate Project in UK
tZERO has announced that it has collaborated with Alliance Investments for the sole aim of tokenising River Plaza worth around $25 million.
FTX Founder Bail Agreement
FTX founder Sam Bankman-Fried’s lawyers have reached a new bail agreement with US prosecutors that restricts his use of electronic devices and apps while allowing him to remain at home. The proposed agreement would limit SBF’s access to the internet on a smartphone and any apps except for voice calls and text messaging. Additionally, he would be required to use a basic laptop with limited functions and monitoring software to track user activity. The new bail conditions are yet to be approved by the US District Judge overseeing Bankman-Fried’s case.
Binance NFT to Delist Assets With Low Trading Volume
NFT listings on Binance have been tightened. NFTs listed on Binance before Oct. 2, 2022, with an average daily trading volume under $1,000 will be delisted. NFT artists may only manufacture five digital collectibles each day after that.
Zksync 2.0 Goes Live, Promises Lower Gas Fees, Faster Transactions on Ethereum Mainnet
ZkSync 2.0 is a Layer 2 solution working to scale Ethereum.
Bitcoin Miner Compass Mining Establishes 75 MW Hosting Partnership with Compute North
Compass Mining, a Bitcoin mining hosting and brokerage services firm based in Delaware, US, announced the completion of a partnership with colocation provider Compute North to secure at least 75 megawatts (MW) of energy capacity for its TIER 0™ data center in Granbury, Texas.
Meta's Strategic AI Expansion with Nvidia GPUs and New Llama Model
Meta plans to invest 350,000 H100 GPUs by 2024, enhancing its AI infrastructure, training the Llama 3 model, and restructuring its organization to drive AI-driven innovation.
US Authorities Uncover Chinese-linked Bitcoin Mining Operations
US authorities have identified a significant number of Chinese-linked Bitcoin mining operations across the United States, sparking national security concerns. Published by The New York Times on October 13, the report highlights the close proximity of some of these operations to critical military and infrastructure sites. Amidst escalating US-China political tensions, the surge in Chinese Bitcoin mining operations in the US, coupled with their substantial energy consumption, poses critical questions regarding cybersecurity, energy sustainability, and geopolitical dynamics.
Uruguay Digital Party Join Forces with Aeternity for Blockchain-Enabled Internal Voting
The Uruguay Digital Party has teamed up with Aeternity for blockchain-enabled internal voting. The resolution to use blockchain technology was prompted by the party's wish to propel Uruguayans’ influence in the voting process.
Brazil's Digital Banking Platform Nu Holdings Adds 5.7m new customers in Q2
Nu Holdings has added 5.7 million new customers in the second quarter of 2022. The Brazilian digital banking unicorn now has 65.3 million people and businesses using its services.
IBM Opens Quantum Computation Center in New York
On September 18th, IBM announced the opening of the IBM Quantum Computation Center in New York State which will house the world's largest fleet of quantum computing systems for commercial and research activity that exist outside of an experimental lab environment.
SAP and GS1 to Establish Blockchain Prototype to Enhance Road Safety
SAP and GS1 have created a blockchain prototype intended at the digitization of tire retread activities for better road safety. Notably, the blockchain network deployed will be instrumental in tracking tires’ life-cycle.
The California DMV is set to digitize car titles and title transfers
The project modernises the DMV's record-keeping and reduces fraud by dealers selling defective autos.
German Banks Authorized for Crypto Custody and Sales in 2020
In 2020, German banks will be legislatively authorized to sell and provide custody of cryptocurrencies as reported by German newspaper Handelsblatt.
Crypto Investment Products, Funds Sees Net Outflows for 2nd Straight Week
Digital asset manager CoinShares stated that crypto investment products and funds saw net outflows for a second straight week, according to Reuters.
Stellar (XLM) trading is now available on the Kinesis Exchange
XLM, the 10th cryptocurrency listed, is now available to Kinesis users. XLM will be paired against 8 fiat pairs, including USD, GBP and EUR, as well as Kinesis' native stable coins based on physical gold (KAU) and silver (KAG) - enabling greater accessibility to the platform for cryptocurrency traders and investors.
Ethereum (ETH) and Ripple (XRP) Price Analysis
Price analysis for Ethereum and XRP amidst the ongoing crypto rallies
Malaysian Authorities to Extend Crypto Regulations to Wallet Providers
The Malaysian Securities Commission plans to extend crypto regulations to wallet providers in the country owing to their importance in the cryptocurrency ecosystem.
IOTA Foundation Partners with the Japanese Government to Create Digital Infrastructure with DLT and AI
The IOTA Foundation, announced its partnership with a Japanese national agency to strengthen the security of the critical infrastructure in the country.
Mastercard Launches Virtual Platform to Help Governments Test CBDCs
Payment giant Mastercard has unveiled a virtual platform that will enable central banks to assess and explore Central Bank Digital Currencies (CBDCs).
Ethereum Breaks $4000 for The First Time, Setting A New Record High
The world's second-largest cryptocurrency Ethereum broke the psychological barrier of $4,000 for the first time, setting a new all-time high.
Metaverse will be a Trillion-dollar Market in Future: Grayscale
Cryptocurrency investment giant Grayscale released a report on Thursday stating that by 2025, the revenue of the virtual gaming world may grow to $400 billion.
Solana Foundation Forms Strategic Alliance with DMCC Crypto Centre in Dubai
The strategic partnership between Solana Foundation and DMCC Crypto Centre marks a significant milestone towards fostering a thriving Web3 ecosystem in Dubai. By offering technical and business development support, alongside educational initiatives, this alliance is poised to drive innovation and business scalability, further elevating Dubai's standing as a global hub for blockchain and Web3 technologies.
Gemini co-founder: Crypto's next bull run will start in Asia
Last October, former BitMEX CEO Arthur Hayes and Gemini co-founder Cameron Winklevoss predicted that Asia will lead the next bull run.
BNB Chain's Red Alert Flags 191 High-Risk Projects
Binance's BNB Chain has added 191 new high-risk projects and decentralized applications (DApps) to its weekly red alarm list. The list is based on smart contract assessment and includes projects suspected of issuing fake tokens, having high tax fees, or malfunctioning websites or Twitter handles. The alert is aimed at helping users research before investing, and does not represent the risk level of the underlying DApp projects.
Bank of Lithuania Launches First Blockchain-Based Digital Collector's Coin As Test for CBDC
The Bank of Lithuania has launched the first central bank-produced digital collectors coin dubbed “LBCOINS” as part of its trial of blockchain technology and testing in its development of central bank digital currencies.
How Blockchain Technology is Shaping Digital Advertisements
There are thousands of ads everywhere, in our phones, applications, websites, there is hardly anywhere you would turn to (digitally) today without bumping into an ad, even when using ad blockers. According to Forbes, an average person is exposed to about 4,000 to 10,000 digital ads every day. They aren’t cheap; the standard ads we see every day on our phones cost billions.
Algorand's Blockchain Based COVID-19 Global Survey Shares Real-Time Public Pandemic Data
Algorand, the first pure proof-of-stake (POS) blockchain created by cryptography pioneer and Turing award winner Silvio Micali, has launched a global Coronavirus (Covid-19) survey. The company published a blog post on March 27 announcing its ‘IReportCovid’ survey app. The aim of the survey is to compile a public database to share information on the spread, status, and symptoms of the COVID-19 pandemic and give updates in “real-time.”
Toyota Reveals Blockchain Lab to the Public After Almost a Year of Development
Japanese automotive company Toyota Motor Corporation, in collaboration with Toyota Financial Services Corporation announced its Blockchain Lab involving six Toyota Group companies. The Lab plans to focus on exploring the future of the automotive industry, and said it aims to become a “Mobility Company.”
Kinesis Money Launches Virtual Crypto Card
Kinesis Money, the digital asset utility platform, launched the Kinesis Virtual Card, enabling the global community to spend their crypto holdings in real-time, with instant fiat conversion, anywhere in the world.
Season 3 of The TRON Grand Hackathon: Get Ready for the #HackaTRON
TRON DAO and BitTorrent Chain (BTTC) are excited to announce Season 3 of the TRON Grand Hackathon 2022. This season is focused on expanding upon the success of Season 2, when we had over 1800 participants with over 200 projects. We intend on keeping that momentum moving forward.
Anthropic Lands $450 Million Investment to Develop Reliable AI Products and Advance AI Safety
Artificial Intelligence (AI) innovator Anthropic announced today a landmark $450 million Series C funding round, securing significant investment to enhance its reliable AI products.
Thai Cafe Welcomes Traders to Offer Crypto Advice
A cafe in the northeastern of Thailand has become popular with cryptocurrency traders, this restaurant now welcomes people to offer advice to the industry.
What is Genie AI?
Genie AI stands at the forefront of artificial intelligence, integrating advanced chatbot capabilities with OpenAI's ChatGPT and GPT-4, offering users a versatile digital assistant.
FTX Ventures Forms Strategic Partnership with Banking app Dave, Invests $100m
West Realm Shires Services, Inc., the U.S.-based owner and operator of the FTX crypto exchange, has invested $100 million in a strategic partnership with banking app Dave.
Microsoft Copilot: SMEs with Affordable AI Integration
Microsoft's introduction of Copilot AI for SMEs, with individual subscriptions at $20 and business plans at $30 per month, brings advanced AI capabilities, including GPT-4 Turbo, to small and medium-sized businesses, enhancing productivity and decision-making.
Sofi BitLicense Receives NYDFS Approval
The New York Department of Financial Services (NYDFS) has approved the SoFi BitLicense, a subsidiary of Social Finance, thereby agreeing and allowing its residents to get involved in digital currency trading.
World Economic Forum Partners with Mining Companies to Design Blockchain Solutions
According to a Medium post released on Oct. 25, seven major mining and metals companies have decided to partner with World Economic Forum (WEF) to experiment, design, deploy blockchain solutions and sustainably maximize blockchain sourcing of raw materials.
Polygon Collaborates with Virtua To Boost Its NFT Ecosystem
With this collaboration, Virtua users can now benefit from Polygon’s reduced gas fees, faster transactions, and minimal environmental impact.
NEXT BLOCK Asia 2.0 Revisits Bangkok; Ends with GURUS Influencer Awards
NEXT BLOCK Asia 2.0 Revisits Bangkok; Ends with GURUS Influencer Awards
Google Sues Unknown Entities for Malware Scheme Disguised as AI Chatbot Bard
Google is suing individuals for a malware distribution scam involving false AI chatbot ads, aiming to protect users and intellectual property amid growing digital security challenges.
Ethereum’s Bullish Momentum Has Been Sparked by Increased Utility
Ethereum (ETH) recently broke the record by surging to the $4,400 level as this network continues to gain steam based on increased utility.
WAHED Coin to Launch on LBank Exchange on December 5
WAHED Coin, the native cryptocurrency of the WAHED ecosystem, is to be listed on LBank on December 5. The asset powers a growing array of features within WAHED’s next-generation investment hub.
Ukrainian Security Department And Law Enforcement Uncover a Crypto Mining Farm in a Railway Subdivision in Lviv
According to a report, Ukrzaliznytsia has uncovered a hidden cryptocurrency mining farm in the Lviv railway subdivision, which has been making use of the country’s electricity without paying for it. This secret mining company was discovered by Ukrzaliznytsia's security department, in conjunction with law enforcement officials.
Dragonfly Fintech Wins G20 TechSprint CBDC Challenge
The Bank for International Settlements (BIS) Innovation Hub and Bank Indonesia under the Indonesian G20 Presidency announced the winners of their jointly organized G20 TechSprint competition last week during a live award ceremony in Jakarta. This third edition of the TechSprint aims to catalyze the development of central bank digital currency (CBDC). Twenty-one finalists from more than 100 applicants worldwide developed and submitted innovative best-in-class CBDC solutions.
DeFi Yield Protocol Rebrands as Dypius to Help Users Embrace Metaverse Opportunities
After experiencing success in the crypto space, DeFi Yield Protocol announces a complete rebranding to Dypius. The experienced team conducted several months’ worth of research to come up with the best way to represent what they had evolved into over the years. Dypius has the suffix of the nebulae in the galaxy. Nebulas are the formations of gas, dust, and other materials that "clump" together to form denser regions in the universe. They attract further matter and eventually become dense enough to form stars, planets, and planetary system objects. Dypius is the place of creation of stars, planets, and life. This is Dypius, a place to create and shape the future!
Crypto.com Offers Google Pay and Apple Pay Support for Canadian Users
Crypto exchange Crypto.com has announced that Google Pay and Apple Pay are now available for its Canadian users.
Bitcoin Price Plummets After Bitmex Starts BTC Double Spend Rumor, Grayscale Buys the Dip
BitMex Research incorrectly identified a double spend of around $21 in Bitcoin. The BTC price fell to a low of $28,953.37 and Grayscale Investment bought up $1.2 billion worth.
Credit Giant MasterCard Grants Wirex First Principal Membership License
Wirex has become the first native cryptocurrency platform to be granted a principal membership license from credit giant Mastercard as part of their accelerated expansion into digital assets.
SBF Wishes To Create A Company, Formally Added As Hearing Witness
According to Nov. 14 bankruptcy documents, FTX may have "more than 1 million creditors" and lost $10 billion to $50 billion. FTX's ex-CEO wants to launch a firm to compensate them. On his media apology tour, Bankman-Fried again denied fraud. FTX founder William Bankman-Fried has been confirmed as a witness for the House Committee on Financial Services hearing on Dec. 13. He missed the Dec. 14 Senate Committee hearing on the FTX collapse. The other witness is FTX CEO John Ray.
Cardano's ADA Soars by 18% and Hits New All-Time High - What's Next?
Cardano has achieved a major breakthrough of 18.05% in the past 24 hours and plans to achieve more and set a new all-time high of 1.55 today.
Venezuelans Will Love Bitcoin Even More with 10,000,000% Inflation
Bitcoin's trading volume has set a record high in Venezuela, thanks to the 10,000,000% inflation rate in 2019.
Our Happy Company's NFT Platform OurSong Integrates with Circle
Web3 infrastructure platform Our Happy Company launched its social NFT platform OurSong and integrated with the issuer of stablecoin USD Coin (USDC) Circle.
Ant Blockchain Open Alliance Seeks to Minimize Costs for SMEs
Ant Blockchain Open Alliance, an enterprise blockchain platform by Chinese financial giant Ant Financial, is purported to aid SMEs in generating their own blockchain applications at minimal costs.
Crypto Powerhouse Binance Returns to China with an "Education-First" Blockchain Approach
Cryptocurrency exchange Binance, famously exiled by China in early-2018 and later set up in Malta, is moving back to the country, choosing a blockchain-centric strategy over crypto.
Luna Trading Draws Online Discussions in China Despite Crypto Ban
Despite being banned in China, cryptocurrency is gaining attraction in the country as the value of some of the world’s most prevailing digital currencies and Non-fungible tokens (NFTs) has increased.
Taiwan Musician Jay Chou Enters the Metaverse NFT Market, Earning Nearly $10M
Taiwanese pop singer and musician Jay Chou has ventured into the meta-universe, earning nearly $10 million.
Nvidia's Soaring Data Center Revenue Signals Strong AI and GPU Market Position
Nvidia's Q3 fiscal 2024 results show a 279% increase in data center revenue and a 206% overall revenue increase to $18.12 billion, highlighting its success in AI and GPU markets. Analysts predict further growth in 2024.
One Million Bitcoin Held By Dark Web Marketplaces and Cybercriminals, Chainalysis Data
Data from Chainalysis reveals that almost one million Bitcoin is circulating on the dark web between bad actors and illicit darknet markets.
Gitcoin and Shell Partner to Leverage Blockchain for Climate Solutions
Gitcoin collaborates with Shell to incentivize renewable energy adoption using blockchain. The partnership includes funding for Climate Solutions rounds and a Q4 hackathon.
Ethereum Crypto Crashes to $340 After SushiSwap’s Alleged Exit Scam
The price of Ethereum (ETH) crashed recently, dropping to a low of $315 over the weekend, after hitting an all-time high of $487 last Wednesday.
FXCM Managing Director: Bitcoin or Forex? Customers Just Want to Trade What is Moving
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. Founded in 1999, the company's stated mission is to provide global traders with access to the world.
IBM and R3 to Scale Up Hybrid Cloud with Blockchain Capabilities
Tech giant IBM has teamed up with R3, an enterprise software company, to boost the hybrid cloud with blockchain capabilities.
Losing Access to your Crypto Wallet: Dangers and How to Not Lose your Funds?
Dmytro Volkov is the CTO at CEX.IO. He optimized the technology and processes at the exchange, as well as the trading and analytics systems and integrations with external systems. Created the CEX.IO Broker platform to trade derivatives. Also, he has over 15 years’ work experience in IT, including over 10 years in the financial market, and is an author of trainings on financial and tech topics.
InvestHK’s first virtual StartmeupHK Festival intrigues, surprises and succeeds
Hong Kong’s annual StartmeupHK Festival, the startup showpiece organised by Invest Hong Kong (InvestHK), ended July 10 after a record-breaking week that more than lived up to a common underlying theme apparent in each of the sector events and activities: innovation and problem solving as the driving force for startups.
NFTs of Nobel Prize-winning inventions to be auctioned by UC Berkeley
UC Berkeley will sell data for immunotherapy and gene editing from the Nobel Prize winners to non-fungible tokens (NFT) next week.
Starfish Finance Proposes DeFi-NFT Convergence on Polkadot
Starfish Finance, the DeFi project running on Astar Network, has shared its vision of how NFTs and decentralized finance will coalesce on Polkadot. The community-driven project predicts the worlds of DeFi and NFTs will eventually fuse and form a brighter star, with Starfish Finance ($SEAN) serving as the fortress that hosts this union.
Blockchain-Based Ride Hailer Tada Closes $5m Series A
MVLLabs, the Singapore-based startup, has raised $5 million in a Series A round.
Ethereum Price Plunges Below $2000 As Inflation Worries Hit Markets Hard
Ethereum price has tanked $2,000 for the first time since late June.
Mastercard Will Support Direct Cryptocurrency Payments on its Network this Year
Mastercard Inc has disclosed that preparations are underway to start supporting some cryptocurrencies directly on its network by the end of the year.
Chinese Telecom Giants Cite Blockchain as the Enabler for the Roll Out of 5G
According to a report from the BBC in November 2019, China continues its push for global supremacy in technology. State-owned telecom giants - China Mobile, China Unicom and China Telecom now sees the emergence of Blockchain and other digital technologies as the crux to allow China to lead the market.
OKEx Partners with Shrimpy to Foster Crypto Portfolio Automation
OKEx cryptocurrency exchange and Shrimpy, a crypto exchange trading bot for portfolio management and market indexing, agree on a strategic partnership to foster crypto portfolio automation tools among crypto traders.
90% of Total Supply of Bitcoins Mined, Robust Supply Shock Might be Inevitable
With a 21 million cap, 90% of Bitcoin’s total supply has already been mined, given that the coins in circulation stand at 18.89 million.
IEOs are Overhyped? Research Shows That Most IEO Projects are not Profitable
Replacing ICO’s is the IEO business model, although a report by Blockshow Capital suggests that it may not be the most profitable investment. In retrospect, Binance has proven to be the best platform to yield profitable returns.
Vitalik Buterin Sceptical About DeFi Yield Farming, Compares It to US Federal Reserve Money Printing
Vitalik Buterin has criticized the yield farming craze observed from the DeFi sector, comparing it to the US Federal Reserve’s mass printing strategy.
Fluffypony, the Master behind Monero Steps Down after 5 Years of Leadership
The Lead Maintainer of Monero, Riccardo Fluffypony Spagni, is to step down his position and take a more backup role. Snipa will become the new leader of Monero after Spagni's resignation.
Accounting Firm Wolf & Company Pairs with Bitpay to Accept Crypto Payments
Leading regional CPA firm providing insightful financial accounting and audit services Wolf & Company partners with cryptocurrency payment processor BitPay to accept cryptocurrency payments
Aave Announces the Launch of Its V2 Liquidity Mining Program
Aave announced the launch of the V2 liquidity mining (LM) program, which will operate for three months for analysis and end on July 15.
Terminating Fake News with Blockchain
What's real and what's fake in the media world is increasingly difficult to discern. The war against fake news rages on, but there is one new weapon in the arsenal against misinformation: Blockchain
Mysten Labs of Sui Blockchain Hacked on Discord
Mysten Labs has confirmed that the contents stored in its Discord server has been hacked.
Unchained Forms Strategic Alliance with Bakkt to Enhance Bitcoin Custody Network
Unchained and Bakkt have partnered to enhance their Collaborative Custody Network, enhancing their capacity to secure over $3 billion in bitcoin assets.
Arbitrum Airdrop Boosts zkSync Growth
Arbitrum's recent airdrop of its governance token has generated significant hype, which has helped another layer-2 scaling solution, zkSync, see significant growth in the last week. Despite not having a native token or announcing any airdrop, zkSync has seen a surge in the number of addresses bridging to its platform, with over 39,000 addresses bridging over $871 million in the last seven days.
Funding for Crypto Startups Falls to One-Year Low
Digital currencies, public stocks and venture capital backing crypto startups have finally cooled down after massive growth due to the effects of an economic storm, according to Bloomberg.
SAP and Infosys Join Forces to Accelerate Enterprise Digital Transformation Projects
Infosys and SAP are in talks to create a joint go-to-market engagement model between project Embrace from SAP and Infosys' Innov8 program. The joint engagement model is intended to help companies accelerate their digital transformation based on SAP S/4HANA® to build intelligent enterprises.
HSBC to Initiate Institutional Digital Assets Custody Service in 2024
HSBC plans to launch a digital assets custody service for institutional clients in 2024, partnering with Metaco to expand its digital offerings to include tokenised securities.
Ether Surges to Over $1,900 Ahead of Staking Withdrawals
Ether breaks $1,900 for the first time in over seven months, ahead of the Ethereum Shanghai hard fork that will allow stakers to withdraw their ETH. The recent price increase may be driven by expectations of the Federal Reserve easing its quantitative tightening efforts and increased demand for Ether due to more flexible staking options.
ACC Sues Meta Alleging Scam Crypto Ads
Australia’s competition watchdog sued Meta Friday, alleging scam advertisement of cryptocurrency investments by asking local celebrities to promote them on its social media platform.
Cardano Blockchain to Stimulate Authenticity and Quality of Georgian Wine
To boost Georgia’s global reputation as a leading wine producer, the Cardano Foundation has partnered with the nation’s wine agency to create a public and flexible trace solution powered by the Cardano blockchain.
Proposal to Return ARB Tokens to Arbitrum DAO Treasury Rejected
A proposal seeking the return of 700 million ARB governance tokens to Arbitrum's DAO treasury was rejected after receiving only 14.5% of the total votes. The proposal called for the foundation to return the tokens as a symbolic gesture to demonstrate the DAO's control over the governance holders. The rejection comes amid a dispute between Arbitrum's community and foundation over its governance proposal AIP-1.
Ethereum's Vitalik Buterin Discusses ETH 2.0 Progress and Bitcoin-Ethereum Debate
On Peter McCormack's talk show, Ethereum co-founder Vitalik Buterin discussed the challenges faced by Ethereum 2.0 and the debate between Bitcoin and Ethereum.
El Salvador Embraces Virtual Currency Era, Nayib Bukele: Just Bought 200 New Bitcoins
Central American nation El Salvador officially adopts Bitcoin as legal tender Tuesday, becoming the first country to embrace Bitcoin as another circulating fiat currency alongside the US dollar.
TrustSwap's SmartLocks Service Locked Up Four Times More than Bitcoin LN
TrustSwap, a DeFi platform dedicated to enabling the execution of timed token purchases, recently announced that its SmartLocks service has officially locked over four times more value than the Bitcoin Lightning Network. While this is a major achievement on its own, it is only one of TrustSwap's many different services and it shows the potential that the project has to dominate the DeFi sector.
Ideogram AI Secures $16.5 Million in Seed Financing Led by a16z and Index Ventures
Ideogram AI, an AI company, aims to use generative AI to enhance human creativity. The company has raised $16.5 million in seed financing, with participation from venture capital firms and industry experts. Ideogram AI is seeking talent in engineering, research, design, and operation, based in Toronto.
Robin AI and Harvey's Funding Surge Signals Legal AI Boom
Robin AI and Harvey AI have raised $26M and $80M respectively, indicating a strong growth phase in the legal AI sector.
China’s Central Bank Accelerates R&D of its Legal Digital Currency
People's Bank of China, the Central Bank of China made an announcement of the acceleration of the development of its legal digital currency.
Researchers of Japan’s Blockchain-Based Digital Court Face Backlash Due to its Decentralized and Unregulated Nature
Researchers in Japan have been looking into a blockchain-based mechanism to settle legal disputes in a “digital court,” aiming to perform legal actions with a more cost-efficient legal process.
Cardano(ADA) Price Analysis – March 25,2021
With the fall of Bitcoin, Cardano (ADA), as the fifth-largest cryptocurrency with a market cap of $35,514,244,744, has also undergone a retracement.
JPMorgan CEO Jamie Dimon Loves Blockchain but says Bitcoin Still Not His "Cup of Tea"
While JPMorgan CEO Jamie Dimon has expressed his thoughts on the critical value of blockchain technology, he is still not interested in Bitcoin as a hedge investment.
Bank of America Predicts U.S. CBDC Rollout between 2025 and 2030
The Bank of America Corp. said that the US is likely to issue its own digital currency between 2025 and 2030, Bloomberg reported.
World's Largest Electronics Marketplace Hong Kong Electronics Fair (Autumn Edition) and electronicAsia Open in October
30 August 2019 – The 39th HKTDC Hong Kong Electronics Fair (Autumn Edition) and 23rd electronicAsia will be held concurrently at the Hong Kong Convention and Exhibition Centre from 13-16 October 2019. The two fairs will gather around 4,300 exhibitors from across the globe, showcasing a wide variety of intelligent products, innovative start-up ideas and electronic components.
Medical Blockchain LEMONCHAIN Token to List on MEXC Crypto Exchange
On April 20, the native token LEMC of LEMONCHAIN Ltd., a project in the medical blockchain industry, announced its listing on the LEMONCHAIN cryptocurrency platform.
Veratad Technologies Pairs with Blockchain-ID Ltd to Developing Authentication Tool on Algorand
Authentication solutions provider Veratad Technologies has partnered with UK-based Blockchain-ID Ltd to jointly develop BlockchainIDme, an authentication tool on the Algorand blockchain.
It is High Time to Rethink Holding Strategies as FTX Crisis Roams, Says Blockchain.com CEO
Speaking on CNBC’s “Closing Bell” Thursday, Blockchain.com CEO Peter Smith deemed the collapse of crypto exchange FTX as “a tragedy and total failure of governance.”
Ritual Teams Up with EigenLayer
Ritual partners with EigenLayer to enhance AI capabilities on Ethereum, leveraging restaking mechanisms for decentralized AI services and economic security.
Crypto Assets Conference 2020B
On October 29-31, 2020, the Frankfurt School Blockchain Center is organizing the Crypto Assets Conference (CAC) for the fourth time. Blockchain technology was born through the invention of Bitcoin and has since then created hundreds of digital assets and spurred the development of business models building on decentralized networks. Together with executives, founders, investors and representatives from public authorities the conference covers both the public blockchain (crypto assets) and the enterprise blockchain domain (DLT). The CAC makes the audience familiar with the current trends in DLT, blockchain and crypto assets.
N.Korea's Crypto Hacks Up by least 7 times in 2021, Nearly $400M Stolen: Chainalysis
North Korean hacks on the cryptocurrency platforms jumped to at least seven times, extracting nearly $400 million worth of digital assets over the last year, blockchain analysis firm Chainalysis said.
FinTech in Belt and Road - Transforming French Freight Logistics with Blockchain
The Belt and Road Initiative (BRI) seeks to improve trade connectivity by upgrading transport infrastructure across much of Eurasia. The undertaking spans a massive geographic area covering as many as 63 countries, accounting for sixty percent of the world’s population and thirty percent of global GDP.
Uniswap Officially Live on BNB Chain
Uniswap goes live on BNB Chain following a governance proposal, aiming for user growth, lower fees, and new market access.
FTX and FTX.US Looking to Raise New Funds after Acquisition Campaign
FTX Derivatives Exchange and its American subsidiary FTX.US are exploring options to raise new sets of funds after the duo injected the bulk of the funds in supporting distressed crypto companies.
DigiFT and Diners Club complete redemption of the first regulatory-compliant corporate note security token
DigiFT will mint 100 NFTs to commemorate its inaugural security token listing.
Is Character AI Safe? An In-Depth Analysis
Character AI, a top 50 GenAI web product, allows users to design and engage with virtual characters, gaining popularity among Gen Z. However, concerns about safety, privacy, and data security remain. The platform has strict policies against NSFW content, age restrictions, and identity manipulation, and users should stay updated on its terms of service.
DTCC to Acquire Securrency, Advancing in Digital Asset Infrastructure
DTCC announces its strategic acquisition of digital asset infrastructure specialist, Securrency. This move will bolster DTCC's digital asset offerings and streamline the integration of blockchain technology.
Unveiling the Top 5 Surprising Views on Blockchain by AFF leaders
Blockchain, cryptocurrencies, fintech and virtual assets will be at the centre of many of the discussions and we have selected a few of the speakers that we are most intrigued by and some that our readers may not realize are important or outspoken in the blockchain and crypto space. We have purposely excluded the usual suspects—if you don’t know what PWC’s Henri Arslanian thinks about crypto by now, we really can’t help you.
Circle Launches Corporate Account to Support USDC Transactions
Circle has launched a new account service that enables corporate customers to deposit, withdraw, receive and store cryptocurrencies through their account and allow them to settle all payments in USDC stablecoins.
Yuga Labs Hires Former Rally Executive Chris Fortier as VP of Products
Yuga Labs, the developer of the Bored Ape Yacht Club, has hired VP of Product at financial software firm Rally Chris Fortier as its VP of Product.
Students at Texas-based University Accorded with Blockchain-Powered GreenLight Credentials
The University of North Texas (UNT) in Dallas has unveiled GreenLight Credentials, a blockchain-enabled academic records verification platform, for its students, giving them more control of their transcripts.
Bakkt to Shift Focus to B2B Technology Solutions
Bakkt said it would continue to provide crypto and loyalty experiences via SaaS and API solutions on a secure platform.
OCC Issues Update to Organize a Virtual Innovation Office Hours
The US OCC has created virtual office hours to discuss fintech and possibly crypto-related innovations
Crypto Exchange Coinify Gets Regulatory Approval to Operate in Italy
Denmark-based cryptocurrency exchange Coinify has announced that it has received regulatory approval to operate in Italy.
Observers Suggest Bitcoin Price Might Touch Bottom, Despite Crypto Market Crash
The Crypto market is still suffering from ushered in a week of plummeting. Bitcoin was plunging to around $34,000 on last Friday while Ethereum also touched a low of 2,300 on the same day.
Chainalysis: Venezuela’s State-Owned Crypto Exchange Possibly Used by Maduro Regime to Launder Funds
Blockchain analysis company Chainalysis wanted to find out whether the claims of whether Petro aiding Venezuelans are true.
Polygon Selected for Joining Disney's Accelerator Program
Polygon becomes the only blockchain selected for Disney's 2022 accelerator program, which will help the development of the web 3 fields.
More Troubles for Do Kwon as S. Korea Levies $78M Tax Evasion Fine
Terraform Labs is currently being charged with tax evasion fraud by the South Korean National Tax Service, a move that complicates matters for the startup that is trying to salvage its collapsed ecosystem
Banking on Blockchain: ICBC Releases First-Ever White Paper on Blockchain for the Financial Sector
One of China's major banks, the Industrial and Commercial Bank of China (ICBC) has released its white paper on blockchain-based applications in the financial sector. The document is the first white paper related to blockchain technology in the financial industry. The paper also highlights the present challenges faced by the banking sector.
China’s Central Bank Official Urges the Acceleration of Digitization of the Chinese Economy with Blockchain
China’s central bank, the People’s Bank of China (PBoC) Financial Technology Committee held its first meeting of the year this week, after months of delay due to the coronavirus pandemic. Fan Yifei, the PBoC’s deputy governor echoed President Xi Jinping’s call for the acceleration of the country’s blockchain development adoption. The president pointed out that it is necessary to strengthen fundamental research of blockchain technology and enhance innovation, enabling China to take a leading position in the blockchain field. The bank’s deputy governor met with the central bank’s officials as well as the heads of their affiliated financial institutions. Fan emphasized the importance of blockchain and financial technology (FinTech) industries and wanted to ensure China’s adoption plan would be laid out and implemented by 2021 to be in line with the deadline they have set out.
Ukrainian Government Accepts Polkadot DOT Donations, Expanding Crypto Donations Over $30M
Ukraine expands over $30M crypto donation program and accepts Polkadot’s DOTs after Russian army invasion.
ShareRing Integrates New Website with Blockchain-Based Digital Identities
To tackle the challenge of the loss of autonomy on personal data experienced in Web2, ShareRing has launched a new website with blockchain-powered digital identities that will usher in the Web3 era.
Ripple-Backed Flare Networks to Launch a Spark Token Airdrop for Litecoin
Flare Networks has announced that they will be hosting yet another airdrop for their native Spark crypto asset.
USDC Will Integrate With Decentralized Social to Bring Web3 to The Masses
Today, social media is controlled by a handful of private corporations– but that could soon change as blockchains like DeSo begin to onboard millions of Ethereum users from DeFi apps into social apps.
Metacade's Community-Driven GameFi Platform Raises Over $10M in Presale
Play-to-earn favorite Metacade continues to draw investor attention after raising more than $10m, as it now enters the penultimate stage of the presale. With confirmed listings on Bitmart and Uniswap due after the presale ends on the 30th of March, there are only 16 days left before the token goes public.
Australia Securities Exchange Moves For Blockchain Technology, CHI-X Calls For More Regulatory Supervisions
Australia Securities Exchange (ASX) plans to switch to distributed ledger technology by April 2021, replacing its clearing system, registry, and settlement with the technology for the sole purpose of cutting costs for customers.
Polygon Launches New Division Polygon Studios, Focusing on Blockchain Games and NFT Fields
Ethereum layer 2 scaling solution Polygon today announced establishing a new division, Polygon Studios, to focus on blockchain games and non-fungible tokens (NFTs).
InvestHK unveils details of virtual StartmeupHK Festival 2020
Invest Hong Kong (InvestHK) announced details of its five-day StartmeupHK Festival 2020, which will run from July 6 to 10. Befitting its theme of startups and technology, the festival is making the unprecedented move of transforming from an in-person event to a fully virtual experience.
Former Student of SEC Chairman Weighs in on Binance and Coinbase Lawsuits
Former MIT Sloan School of Management student and teaching assistant for Gary Gensler, known only as 'Kenny' on Twitter, has offered insights into the recently filed lawsuits against Binance and Coinbase by the Securities and Exchange Commission (SEC), as well as his personal journey into the world of blockchain and crypto.
Join 100+ Global Experts at Business of Design Week (BODW) 2020 To Explore Timely Themes from Connected Health to Safe Travels, Circular Economy, Immersive Tech and Brand Futures
Business of Design Week (BODW) 2020, Asia’s leading event on design, innovation and brands, will bring together design visionaries, creatives, entrepreneurs and business leaders from across sectors and industries around the world with a series of events from 30 November – 5 December 2020 to inspire a new vision of success for the ‘new normal’. One of the highlighted events, the BODW Summit (3 – 5 December 2020), themed “VISION 20/21” this year, will be a hybrid LIVE event, with selective sessions simulcast on ViuTVsix, social media and at ‘BODW CitySalon’ partner locations including PMQ, D2 Place and Fashion Walk for the first time to deliver a ‘Beyond virtual, LIVE global’ experience for international audiences.
SEC Delays Decision on Invesco and Galaxy Digital's Ether ETF
The SEC extends the review period for the Invesco and Galaxy Digital's Ether ETF until February 6, 2024, signaling continued caution in cryptocurrency product approvals.
Vietnamese Scientists Revolutionize AI in Mathematics with AlphaGeometry
Vietnamese scientists are advancing in AlphaGeometry, AI Mathematics, and solving geometry problems using synthetic data, neural language models, symbolic engines, Google DeepMind, and educational AI.
Ripple CEO: Global Governments Now See Blockchain Solution to Addressing Transparency and Settlement
Brad Garlinghouse, Ripple CEO, believes most governments consider blockchain technology a game-changer as it solves frictions like transparency and settlement that were a headache in yesteryears.
Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies
With the readiness of government-backed Swiss bank, bank Basler Kantonalbank (BKB) to offer crypto custodial services, the financial service sector is an inch closer to driving mainstream adoption of blockchain technology
How Jailbreak Attacks Compromise ChatGPT and AI Models' Security
Recent studies reveal the vulnerabilities of large language models like GPT-4 to jailbreak attacks. Innovative defense strategies, such as self-reminders, are being developed to mitigate these risks, underscoring the need for enhanced AI security and ethical considerations.
Ishan Wahi pleads guilty to two counts of conspiracy to commit wire fraud
After pleading guilty to two charges of conspiracy to conduct wire fraud, former Coinbase product manager Ishan Wahi will spend at least three years.
AI Nude Generators: Technology, Tools, and Privacy Concerns
AI nude generators are software tools that use deep learning models to create realistic nude images, including anime characters and mythical beings. These tools can be categorized into general AI image generators, inherent NSFW AI image generators, and dedicated AI nude or clothes remover tools. However, concerns about legality, security, and privacy arise from the potential misuse of these tools. Companies like Stability AI, SoulGen, OnlyFakes, DeepNudeNow, and DeepSukebe have secured funding for their open-source systems.
Bitget Wallet Surpasses 20M Users, Solidifying Position in Global Web3 Arena
Bitget Wallet achieves a landmark 20 million users, becoming the fourth-largest Web3 wallet globally, with its unique offerings and strategic innovations.
Chainlink Labs Taps Former Google CEO as Strategic Advisor
Chainlink Labs, the blockchain oracle service provider has tapped the services of Eric Schmidt, a former Chief Executive Officer of tech giant Google as its new strategic advisor.
Crypto Bank Anchorage Cuts 20% of Workforce
Anchorage Digital has laid off 75 employees, citing regulatory uncertainty and market volatility. The crypto bank expressed confidence in the digital asset landscape but acknowledged headwinds for its business and the crypto industry.
UN Investigates North Korea on Cyberattacks Funding WMD
The U.N. experts are currently investigating 35 cases in 17 countries where North Koreas were using cyberattacks to raise money for the military objective.
Global UAE Bank Building Blockchain Architecture for Federated and Sovereign Digital Identity
A global UAE bank is creating a federated and sovereign blockchain architecture for digital identity via HashCash Consultants, to propel its financial and banking operations and prepare for the future of finance.
EU’s Move to Bypass Encryption on Platforms like WhatsApp Sparks Indignation
European Union lawmakers have created a draft proposal that aims to circumvent end-to-end encryption, in a move to increase cybersecurity.
Coca-Cola Bottlers Acquires SAP’s Blockchain Technology to Streamline Soda Supply Chain Processes
The current breaking news indicates that Coca-Cola bottlers now is rolling out SAP’s blockchain to make its supply chain more efficient and transparent.
Launch House Announces $10M Fund for Web3.0 Startups
Launch House, a private community focused on connecting and supporting top entrepreneurs, launched its first fund, House Capital, with a $10 million commitment to invest in early-stage firms within the community and high-growth startups outside.
Titanium Blockchain's CEO Pleas Guilty of ICO Fraud worth $21m
Michael Alan Stollery, CEO of Titanium Blockchain Infrastructure Services Inc. (TBIS), has been convicted of involving multiple fraudulent accounts in a 2018 initial coin offering (ICO).
Telegram Resists the SEC Court Order to Reveal Financial Details of 2018 ICO
Telegram’s blockchain launch of TON faces delays as the recent court order by US Lawmakers requires the company to hand over documentation regarding the spending of their raised funds via ICO.
Coinbase COO Choi Joins Okta's Board of Directors
Prior to joining Coinbase in 2018, Emilie Choi had spent more than 8 years working for LinkedIn - initially as a VP of business and data, after which she took on the role of COO in 2018.
Wiki Finance Expo Sydney 2023 Is Coming Soon!
The Wiki Finance Expo, Sydney 2023, is Australia's largest fintech event, attracting over 3,000 attendees from various sectors. Supported by 200 institutions, media, and companies, it promotes regulatory security of cryptocurrencies and FX at the Fullerton Hotel Sydney.
Coinbase Introduces Ethereum Staking for US Institutional Clients
Coinbase rolls out a new staking crypto service to its institutional clients ahead of Ethereum’s planned transition to a proof-of-stake mechanism, providing more financial options to their portfolios.
Metis Launches The First-Ever Community-Minted NFT
Blockchain company Metis has announced today a launch of the first-ever community-minted non-fungible token (NFT), called “Rebuilding the Tower of Babel.”
Ethereum's Price Drops By More Than 10% from a Record High of $2,600
Ethereum has set a new high, gaining incredible earnings to $2,644 yesterday. However, the bullish trend did not continue and dropped by more than 10% today.
Blockchain Platform Owned by Russia’s Richest Man Gets Greenlight to Tokenize Air Tickets
Vladimir Potanin, arguably the richest man in Russia, has been granted permission to offer digital tokens to book air tickets, purchase metals, and transfer ski passes using his blockchain platform dubbed Atomyze. The much-needed go-ahead was given by the nation’s central bank last week based on Potanin’s urge to tokenize commodities from a consumer perspective.
What is Wordtune? Exploring the AI-Powered Writing Assistant
Wordtune, an AI-powered writing tool, offers real-time phrasing and sentence construction suggestions, enhancing human writing while allowing writers to maintain control over content.
Google Announces Support for the 2024 Indian General Election
Google announces its support for the 2024 Indian General Election, leveraging AI and partnerships to provide voters with reliable information, combat misinformation, and ensure a fair and transparent election process.
Adam White Reveals to Depart from Bakkt
Adam White, president of U.S. Institutional Exchange Bakkt, revealed on his Twitter, saying that he is working with Bakkt until next week.
MAPay to Collaborate with Verida, Achieving a Decentralized Healthcare Network in Bermuda
Blockchain technology might be an alternative way to resolve healthcare issues effectively. MAPay and Verida have recently announced collaborating by providing a decentralized healthcare network in Bermuda.
Sony Files Patent for NFT Transfer Framework
Sony Interactive Entertainment has filed a patent for an NFT framework allowing users to transfer and utilize digital assets across multiple game platforms.
IBM’s Blockchain Technology Hand Picked By Coop Italia for Food Traceability
Coop Italia, the biggest retail chain in Italy, has acknowledged this attribute as it has selected IBM’s blockchain technology to enable its private label brand called Coop Vivi Verde to trace the origin of eggs in its supply chain.
Acala Wins First Parachain Auction Slot on Polkadot
Acala Network, an Ethereum-compatible smart contract platform optimized for Decentralized Finance (DeFi) has won the first parachain auction on the Polkadot network.
VerticalCrypto Art presents: PROOF OF PEOPLE - London’s first NFT Festival powered by Tezos
VerticalCrypto Art is pleased to announce ‘Proof of People’, London’s first immersive three-day festival showcasing art, fashion and music through the lens of the metaverse culture and NFT-backed technology, held at the iconic London venue Fabric from July 6-8.
Revolut CEO Breaks Silence on Russian-Ukraine War, Condemns Violence
The Chief Executive Officer of a digital banking app Revolut Nikolay Storonsky has condemned the Russian invasion of Ukraine and will donate up to £1.5 million per day to Red Cross Ukraine for the next seven days.
SEC Postpones the Decision on WisdomTree Bitcoin ETF Application
The U.S. Securities and Exchange Commission has postponed WisdomTree's Bitcoin Exchange Traded Fund (ETF) listing application until July 14.
NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding
NEAR Protocol and South Korea's ZEP are partnering to improve user onboarding and enhance Web3 capabilities, using NEAR's blockchain network and ZEP's metaverse platform.
El Salvador Airdrops $30 for Bitcoin Handout, BTC Will Become Legal Tender in September
El Salvador's President Nayib Bukelet announced that Bitcoin will officially become legal tender on September 7 and will airdrop $30 in Bitcoin to the public.
Africa Crypto Adoption Sparks Regulation Concerns
The accelerated growth of blockchain technology in Africa recently has raised concerns over the possible implementation of knee-jerk regulation.
Bitwise: Facebook’s Libra Moved Bitcoin and Cryptocurrencies Ahead by Three Years
A cryptocurrency index fund provider Bitwise based in the US is of the opinion that the Facebook-owned stable Libra has accelerated the growth of cryptocurrencies by three years.
Weakening of CoinShares Capital Inflows Causes the Price of Bitcoin to Fall
Traders tried multiple attempts to push BTC to $60,000 but were rejected and failed to stabilize this level and fell sharply yesterday, reaching a minimum of $53,715.
Ripple CTO Explains Why Banks Have Been Lagging Behind on XRP Adoption
Ripple’s chief technical officer (CTO) David Schwartz explained why the company’s native XRP cryptocurrency has not been more readily adopted by banks.
Why is the Bitcoin Price Correlation with the Stock Market Currently High?
Unlimited Quantitative Easing has had the most significant impact on the stock and crypto market, meaning both markets have a strong correlation with monetary policy.
China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS
Hyperledger Fabric, Ethereum, EOS, ChainSQL, WeBank’s FISCO BCOS, and Baidu’s Xuperchain are also planned to be added to the “ecosystem play,” and “internet environment,” as explained by Zhiguang Shan, the Chairman of the BSN’s Development Association. This network of blockchains will be available for those who are interested to take part in it, including small to medium-sized businesses.
Hut 8 Secures Enhanced $65M Credit Line with Coinbase
Hut 8 has amended its $65 million credit facility with Coinbase, demonstrating a significant shift in digital asset financing by using Bitcoin as collateral.
What Is Chainlink?
The Chainlink network has made a name for itself by providing reliable tamper-proof data for complex smart contracts on any blockchain.
FC Barcelona Enters the Crypto Space with Blockchain-Propelled Fan Engagement Platform
FC Barcelona, one of the most successful and envied football clubs in the world, has joined hands with Chiliz, a fintech firm, in the provision of a blockchain-powered fan-engagement platform.
ConsenSys Proposes Tokenization to Leverage Impure Public Goods
People generally understand that human-made public goods—highways, airports, libraries—will incur some economic costs which must be recovered through some sort of fee, toll or charge. It is apparent, however, that the general public gives little thought to the actual policy decisions made in cost recovery schemes or the impact of cost recovery methodologies on the efficient allocation and utilization of these resources for the assets. ConsenSys proposes a tokenized model to better sustain and enhances public resources.
Cardano's New Algorithmic Stablecoin DJED
ADA, Cardano's native token, backs the algorithmic stablecoin, which is tied 1:1 to the US dollar.
Canada, Netherlands, Ukraine Central Banks Say Blockchain Not Necessary for CBDC
In a conference hosted by National Bank of Ukraine, some central banks recently suggested that blockchain is unnecessary for digital fiat currency
Alex Fazel of Swissborg, on Financial Freedom, Predicting the Price of Bitcoin and Breakdancing
Alex is one of the founding members of Swissborg founded two years ago to open the world of finance to all. His brother and CEO Cyrus had been working in investment banking but was struck by how he was only helping the rich get richer - a position with which he was not comfortable. And so the ambition of opening up the priviate members club of finance was born.
DeSantis Proposes Flat Tax and IRS Elimination, Sparks Trump Rivalry in 2024 Race
In the 2024 presidential campaign, Florida Governor Ron DeSantis advocates for a flat tax system and the elimination of the IRS, a move that has ignited a political battle with Donald Trump, highlighting internal Republican party dynamics and differing tax policy visions
CoinDCX Becomes India's First Crypto Unicorn after Receiving $90M Financing Led by the Founder of Facebook
CoinDCX, India’s largest crypto-enabled financial services company, has raised $90 million in financing led by Facebook co-founder Eduardo Saverin’s fund B Capital,becoming the first Indian crypto unicorn.
Proof of Stake Networks to Help Staking-as-a-Service Providers
The proof of stake (PoS) consensus mechanism has gained steam in 2021 because it is more environmentally friendly and cost-effective compared to the proof of work (PoW) framework used in networks like Bitcoin (BTC).
OKEx Announces Support for Spark (FLR) Airdrop as XRP Holders Prepare for Token Distribution
OKEx has joined other digital asset exchanges in announcing support for the upcoming Spark (FLR) token airdrop.
Deloitte Leverages Zero-Knowledge Proof On New Eduscrypt Platform
Deloitte has partnered with cryptography startup Qedit to leverage zero-knowledge proof privacy tech on its new qualification information blockchain platform.
Tether's Blockchain Ecosystem Continues to Grow with USDT Launch on Bitcoin Cash Network
Tether’s USDT token, the world’s largest stablecoin by marketcap, has launched on the Bitcoin Cash network. USDT is also available on Algorand, EOS, Tron, Omni and the Liquid Network.
Allbridge Recovers $465,000 Stolen in Crypto Exploit
Allbridge has recovered $465,000 worth of cryptocurrency stolen in a recent exploit, after the attacker apparently took the project's offer for a white hat bounty and returned the funds. The stolen funds were converted to Binance USD and used as compensation. Allbridge had previously offered the attacker a chance to escape legal repercussions and receive a bounty for finding vulnerabilities. The project has yet to publicly disclose the total amount stolen but blockchain security firms estimate it to be close to $550,000.
How Are Uniswap’s UNI Governance Tokens Taxed?
Uniswap the popular decentralized exchange recently awarded members its UNI tokens. But what do holders need to know about paying tax on UNI governance tokens?
Why Bitcoin Doesn’t Feel Like a Bull Market
Why does everybody still act like bitcoin is in a bear market?
Emmett Shear Appointed Interim CEO of OpenAI as Sam Altman Steps Down
Emmett Shear, former Twitch CEO, is appointed as OpenAI's interim CEO following Sam Altman's departure, signaling a new phase in the organization's leadership and direction.
Blockchain Startup Developed Solution to Crypto's Irreversible Transaction Problem
An Israeli startup has developed a new technology that could prevent the loss of funds caused by human error when sending Bitcoins or other digital assets. The mistake is common as wallet addresses are represented by a unique and random string of alphanumeric characters.
BIS and Global Central Banks to Explore Asset Tokenization in "Project Agora"
The BIS collaborates with major central banks to study asset tokenization's potential to enhance the monetary system and cross-border efficiencies.
BTSE Launches BTC and ETH Earn Products
Digital asset exchange platform BTSE announced the launch of its Bitcoin (BTC) and Ethereum (ETH) earn products that enable users to generate passive income.
Hong Kong Can Serve Global Community through Web 3 Involvement: Ex-Financial Secretary
John Tsang, the ex-financial secretary, said that the virtual economy would be important to Hong Kong, encouraging the young generation to be active through web 3 involvement and technology adoption.
The European Commission Announces the Launch of the European Blockchain Regulatory Sandbox
The European Blockchain Regulatory Sandbox helps 20 projects each year obtain legal and regulatory support from the European Commission.
Ankr Gives BNB Chain a Major Performance Upgrade With Its Open-Source Contributions
Ankr, one of the world’s fastest-growing Web3 infrastructure providers, is thrilled to announce that its open-source contributions to BNB Chain are bringing unparalleled performance to the BNB Chain ecosystem. The Erigon upgrade implemented by Ankr has reduced the BNB Chain’s storage requirements by 75%, increased the RPC request performance by 10x, and made the sync process 100x faster!
ArcBlock Blockchain Platform 1.0 to Hasten Development of Decentralized Networks
ArcBlock has released an updated framework called ArcBlock Blockchain Platform 1.0. It will assist businesses and developers to quickly manage and build decentralized applications and blockchain networks.
Kraken Secures E-Money License in EU, Expands Virtual Asset Services in Spain
Kraken, a San Francisco-based crypto platform, has secured an E-Money Institution license from the Central Bank of Ireland and registered as a Virtual Asset Service Provider in Spain. These moves are part of Kraken's strategy to expand its European operations.
Reasons Behinds Bitcoin Could Not Break the $50K Psychological Barrier
The leading cryptocurrency Bitcoin experienced a strong bullish rally this week, rebounding to the highest point of $50562.11. Here are the possible reasons behind the story why the price is unable to break through the $50K level.
Resonate Partners with Fetch.ai, Rendering a Decentralized AI-Powered Social Media Experience
To offer users a personal AI-powered, decentralized, and trusted social media experience, Resonate, a decentralized social NFT platform, is leveraging the power of blockchain technology and machine learning provided by Fetch.ai.
Hip-hop legend Snoop Dogg’s first NFT drops on SuperRare
Hip-hop legend Snoop Dogg’s first NFT collaboration with digital multimedia artist Coldie was minted on SuperRare.
Ethereum’s Top 10 Whale Addresses are Holding a Total of 16.86 Million ETH as Sentiment for Ether Remains Bullish
New data by Santiment reveals that crypto whales see the current pullback as the perfect storm needed to accumulate more ETH tokens.
Think Tank Releases Report on the Blockchain-Based Genetic Data Network
Think Tank, dGen, releases a new report entitled, “AI, Privacy, and Genomics: The Next Era of Drug Design”. It tackles the issue of privacy and access to genetic data for companies using AI to speed up and improve drug design.
Cybersecurity Firm Halborn Warns of Zero-Day Vulnerabilities in Over 280 Blockchain Networks
Cybersecurity firm Halborn has warned of a vulnerability called "Rab13s" that could put over 280 blockchain networks at risk of zero-day exploits, potentially exposing at least $25 billion worth of crypto. The most critical vulnerability could allow an attacker to send malicious consensus messages to individual nodes, causing each to shut down and potentially enabling a 51% attack on the network. While Dogecoin, Zcash, and Litecoin have already implemented patches for the discovered vulnerabilities, hundreds of other networks remain at risk.
eToro—The Globally Utilized and Bespokely Localized Trading Platform
Founded in 2007, eToro has been a leader in the global Fintech revolution, empowering people to invest by giving them access to global markets. From cryptos to stocks and commodities, eToro has made trading easy and social, creating a strong community of over 12 million traders worldwide.
Korea's Educated Jobless Individuals are Building their Blockchain Expertise
Korea’s surging ahead with its blockchain and crypto aspirations. Weeks after the government announced a $400 million blockchain fund, a prominent university added blockchain curriculum to its coursework.
Crypto Miner Argo Blockchain Mined 129 Bitcoins in July 2023
Argo Blockchain mined 129 BTC in July 2023, an 11% decrease from June, with stable revenue of $3.87M.
Coinbase Lists KAVA, Advancing Ethereum–Cosmos Interoperability
Today, Coinbase has listed Kava and will launch a massive Learning Rewards Campaign to educate its user base about how Kava is leading the world to Web3.
Apple's Data Operations Annotations Team Relocation
Apple Inc. is closing its San Diego Data Operations Annotations team, impacting 121 employees who must choose between relocating to Austin or facing termination. This strategic move aims to consolidate AI operations and streamline Siri's development.
European Crypto Industry Leaders Ramps up Efforts to Influence EU Regulatory Crypto Policy
According to Reuters, the European Union is working to regulate the cryptocurrency industry, advocating for relevant cryptocurrency exchange companies to disclose relevant details, but has been rejected by more than 40 cryptocurrency business leaders.
OneKey Addresses Vulnerability That Allowed Hardware Wallet to be Hacked
White hat hackers identified weaknesses in crypto wallet OneKey's software earlier this year that allowed them to hack a hardware wallet in one second, however OneKey corrected the problem and no one was affected.
Portugal Successfully Sells Real Estate With Bitcoin Payments for the First Time
A three-bedroom (two-bedroom) house in the Portuguese metropolis of Braga has successfully sold for Bitcoin for the first time.
Pro-Russia Groups Evaded Sanctions With Over $2M Crypto Donations
American blockchain analysis firm, Chainalysis, has released a detailed report on how over $2 million in cryptocurrency donations have been used to fund the Russian-wing of the war in Ukraine
Canadian Fintech Firm Stablecorp Secures $1.5m from Crypto Leaders
Canadian fintech firm Stablecorp announced that it has secured $1.5 million in participation from crypto market leaders, including Circle Ventures, the issuer of USD Coin (USDC) in the Pre-Series A Funding Round.
Dragonfly Fintech Wins G20 TechSprint CBDC Challenge
The Bank for International Settlements (BIS) Innovation Hub and Bank Indonesia under the Indonesian G20 Presidency announced the winners of their jointly organized G20 TechSprint competition last week during a live award ceremony in Jakarta. This third edition of the TechSprint aims to catalyze the development of central bank digital currency (CBDC). Twenty-one finalists from more than 100 applicants worldwide developed and submitted innovative best-in-class CBDC solutions.
Ethereum Gathers Cybersecurity Team Dedicated to ETH 2.0 Final Testnet Launch
With the launch of Ethereum 2.0 testnet set to be released today on August 4 at 1 pm UTC, the Ethereum Foundation has been looking to build a security team that will be responsible for maintaining ETH 2.0.
HK's PANGU Constructs Virtual Space in Metaverse, Expanding P2E Model for Business Growth
Speaking to Blockchain.News in an exclusive interview, Hong Kong-based graphic design and production start-up PANGU, a metaverse agency appointed by the Sandbox, provides one-stop-solution services for clients to establish and develop their own virtual land in the Metaverse.
Ethereum, EOS, & TRON: Which Blockchain Will Continue to Dominate the Dapp Ecosystem in 2020?
By measuring the success of how individual blockchains: Ethereum, EOS, and TRON have been performing in the first month of the new year, the data from January 2020 gives an insight into the year ahead.
Malaysia’s Largest Bank Signs Blockchain Partnership for Remittance
The largest bank in Malaysia Maybank partnered with the National Bank of Cambodia to sign MoU for cross-border remittance using NBC’s blockchain-based Bakong payment system.
The Issuance of China's CBDC On The Horizon, According to Insiders
The issuance of central bank digital currencies (CBDCs) has been gaining traction as various nations have shown interest. The People’s Bank of China (PBoC), China’s central bank, has finished the development of a CBDC’s basic function and relevant laws are being drafted to set the ball rolling for its circulation.
IRS Hoping to Deanonymize Monero and ZCash Privacy Coins to Prevent Cybercrime
The Criminal Investigation Division(CID) of the IRS are actively hiring private contractors to study and analyze privacy coins, as there has quite been a lot of fraudulent activities revolving around their usage.
19 Crypto Billionaires Rank among Forbes’ Annual World’s Billionaires List, Increased by 58% from Last Year
The number of crypto billionaires increased from 12 in 2020 to 19 in 2021, increased by 58%, according to the Forbes’ Annual World’s Billionaires list.
Purse.io Closes its Door After Six Years of Operations
Purse.io the company which was at the forefront of increasing adoption of bitcoin at retail payment outlets such as Amazon, would be closing its door after 6 years of operations, marking the end to an era.
Telegram Issues Letter to Investors After SEC Files Restraining Order and Sets Hearing on Oct. 24
Telegram Open Network (TON) developers responded to investors in a letter regarding the United States Securities and Exchange Commission (SEC) announcing that the GRM token offering was illegal. GRM is a native currency of TON, the blockchain platform that aims at facilitating payments and hosting decentralized applications (DApps).
Kraken Reminds Ripple XRP Holders of Looming Spark Token Airdrop as New Tax Development Unfolds
With the upcoming Spark token airdrop by Flare Networks, many Ripple XRP holders have scrambled to deposit their XRP in participating cryptocurrency exchanges.
How Blockchain is Prompting Innovations in Waste Management
Blockchain can come in handy in the realization of efficient waste management measures through the creation of a trustworthy, transparent, and immutable supply chain network for a plethora of different records. This technology can aid in the digital tracking of information, allowing an in-depth analysis of supply chains.
Baidu's Stock Tumbles Amid Military Testing Rumors of AI Chatbot Ernie
Reports of Baidu’s AI chatbot Ernie Bot undergoing military testing led to an 11.5% drop in its stock, reflecting investor concerns over potential U.S. sanctions and the intricate challenges facing Chinese AI companies in the global tech landscape.
SEB and Credit Agricole launch digital bond platform on blockchain
Skandinaviska Enskilda Banken (SEB) and Credit Agricole have launched a blockchain-based platform called "so|bond," which allows institutional clients to issue, trade and settle bonds digitally. The platform uses a validation protocol called "Proof of Climate awaReness," which minimizes its environmental footprint while incentivizing nodes to improve their environmental impact.
South Korean Regulators to Harden Punishments for Crypto Fraud Practices
South Korean legislature is mulling plans to tighten its grip on crypto fraud practices
The French Army Validates its Judicial Expenses via Tezos Blockchain
The French Army has revealed that it has been using the Tezos Blockchain to authenticate its judicial expenses through a smart contract. This development makes Tezos the first blockchain to be used for operative intentions by a public entity.
Facebook’s Libra Move to Apply for Swiss Regulator FINMA License: A Failed Permissionless Network?
Libra is moving away from its original plan of permissionless digital currency, widely accessible for the public, due to ongoing unprecedented hardship. Libra will be moving towards a coin that would be subject to foreign exchange controls and regulations.
OKX Partners with Pyth Network
Cryptocurrency exchange OKX announced that it is partnering with Pyth Network, which operates one of the largest and most reliable oracle networks.
Reddit Invites Developers to Submit Ethereum Scaling Proposals for its Token Project
Popular social news aggregator, web content rating and discussion site Reddit invites developers to develop is Ethereum based Community Points
Symbolic Capital Pulls $50m to Back Web3.0 Startups
Venture Capital firm, Symbolic Capital has raised the sum of $50 million to bootstrap startups operating within the Web3.0 ecosystem.
Global Radio Station Flat.FM Introduces New Cryptocurrency on the Minter Network
Both at industry events and in the media, there has been an increased interest in the potential impact of blockchain technology. While debates regarding the adoption of the technology continue, a global radio station launches its own cryptocurrency to enhance its operations.
OpenAI Unveils Advanced Embedding Models with Cost-Effective Solutions
OpenAI announced the launch of new embedding models and API updates, featuring enhanced efficiency, cost reduction, and varied dimension options.
Binance Completes BNB Smart Chain Upgrade and Hard Fork: What You Need to Know
Binance has completed a critical upgrade and hard fork for its BNB Smart Chain, allowing deposits and withdrawals to resume. The upgrade temporarily suspended transactions, signaling a return to normalcy for the platform.
NYDFS Reviews BitLicense Guidelines to Favor Crypto Agencies
With the New York Department of Financial Services guidelines, blockchain agencies will find easy entry into the cities blockchain ecosystem
Signature Bank Launches New Digital Payments Technology Platform—Signet
In a press release disclosed with Blockchain.news, New York-based Signature Bank announces that it is planning to launch Signet, its digital payments platform, on the Fireblocks network.
Nasdaq-listed Northern Trust Boosts Digital Carbon Credit with Blockchain
Nasdaq-listed Northern Trust has introduced a digital platform for institutional voluntary carbon credit transactions, utilizing private ledger digital blockchain technology. The platform aims to streamline and digitize the complex process between institutional buyers and project developers.
Web3 Gaming Firm Planetarium Labs Raises $32m in Series A Funding
Singapore-based web3 gaming firm, Planetarium Labs raised $32 million in Series A funding led by Animoca Brands.
Celsius Network Announces Disclosure Statement for Chapter 11 Plan
Celsius Network, a bankrupt crypto lender, has announced it will move forward with its Chapter 11 restructuring plan by filing a disclosure statement on April 12. The statement is aimed at providing "adequate information" for claim holders to vote on the proposed restructuring plan sponsored by NovaWulf. The plan proposes creating a public platform fully owned by Earn creditors called NewCo, with no involvement from Celsius founder.
ELEET GAMES to Build Gaming NFTs and Launch Token Exclusively on Tezos Blockchain
ELEET GAMES is proud to start building Web3 games exclusively on the energy-efficient Tezos blockchain and to announce an investment from the Tezos Foundation. ELEET GAMES is a next-generation gaming publisher leveraging Web3 tools to become the first “Players’ Publisher”. Web3 enables publishers to build games that incorporate user feedback and give gaming communities a real stake in the ecosystems they contribute to as players. New games, associated NFTs, and the native $LEET token from ELEET GAMES will all be built on Tezos.
Mango Markets Community Set to Approve $47 Million Bounty for the Hacker
After the unfortunate hack incident, Mango Markets is now set to accept a large bug bounty for the hacker who stole $114 million from the protocol.
Blockchain Finance Forum: Europe 2021
The Forum will count on 30+ expert speakers from well-known organisations like the European Commission, Swiss National Bank, European Banking Federation, the British Blockchain Association, European Blockchain Partnership, Deutsche Bank, Aviva and many more
AICPA Publishes a Practice Aid for Digital Assets
The American Institute of CPAs (AICPA) has not been oblivious to the rapidly changing digital assets ecosystem as it has availed a practice aid to help in crypto accountancy. The practice aid is founded on professional experience and literature from members of the Digital Assets Working Group.
Astar Network Named ‘Product of the Year’ At the JBA Annual Blockchain Award
Astar Network, the smart contract platform for multichain, has been awarded the Product of the Year at the 4th annual Blockchain Award by the Japan Blockchain Association. Astar Network’s founder and CEO Sota Watanabe bagged the Person of the Year award for the second consecutive year at the same event.
ACCESS Becomes World’s First Organization to Deploy Blockchain Voting in Annual General Meeting
The Association of Cryptocurrency Enterprises and Start-ups, Singapore (ACCESS), a non-profit organization for the cryptocurrency and blockchain sector in Singapore, has set the ball rolling as the first institution across the globe to utilize blockchain technology for an Annual General Meeting (AGM).
Caitlin Long's Avanti Becomes the Second Crypto Bank in the US, Open for Commercial Clients in Early 2021
The Avanti Financial Group has recently become the second cryptocurrency company to get a banking license in the United States.
Coinbase Enters Singapore after Gaining Licence
Coinbase has entered the Singaporean market as it has gained approval from the central bank to offer its crypto services in the city-state.
Sky Mavis CEO Moved about $3m in Crypto before Disclosing Hack: Bloomberg
Trung Nguyen, co-founder and CEO of Sky Mavis, moved about $3 million in crypto tokens prior to the disclosure details of the $540 million Ronin bridge hack in March, Bloomberg reported.
Dubai Real Estate Developer Damac Properties Accepts Crypto as Payments
Dubai Real Estate Developer Damac announced to welcome tokens by accepting cryptocurrencies payment to purchase real estate properties.
Insider Trading and Cryptocurrency
Coinbase director Conor Grogan saw Binance-linked anonymous wallet transactions. The wallets acquired unlisted tokens minutes before their listing announcement on Binance's website and sold them shortly after, sparking suspicions of crypto insider trading.
DeFi Protocol Aurigami Raises $12m in Token Rounds
Aurigami told The Block that $9.5 million was raised via a private token sale, while $2.5 million via an initial exchange offering (IEO) on KuCoin, Bybit and Impossible Finance.
Opinion: Why Ethereum’s ‘Merge’ Won't Lower Gas Fees?
The Merge won’t make the network much faster or be able to process more transactions per second, which means gas fees won’t change much.
First Decentralized Data Warehouse, Space and Time, Raises $10M Seed Round Led by Framework Ventures
Space and Time TM, a decentralized data platform for blockchain applications, has raised $10 million in a seed round led by Framework Ventures, a venture capital firm known for its early entry into decentralized finance (DeFi) and blockchain gaming (GameFi). Additional participants in the round include Digital Currency Group (DCG), Stratos, SamsungNext, IOSG Ventures, Alliance and several market leading DeFi, GameFi, and venture organizations.
Friend.Tech Boosts Security with CoolWallet on Base Chain
Friend.tech, a decentralized social network on Base's Ethereum layer-2 chain, has seen rapid growth but also faces security risks from phishing attacks. To address this, CoolWallet has launched a Web3 Guardian competition to promote its Web3 SmartScan feature, which screens transactions for malicious behavior.
SmartFi To Issue First Mineable Stablecoin & Payment System without Transaction Fees
U.S. based cryptocurrency platform Smartfi announced to develop two coins, including the first minable stablecoin worldwide, which will not require a burn-mint protocol or USD-fiat-peg to maintain an exact correlation to the US Dollar.
IOVLabs Launches Its “Everyday DeFi” Initiative on Rootstock To Onboard The First Billion Users
IOVLabs pushes the boundaries of DeFi innovation and usability. The team will soon unveil their "Everyday DeFi" initiative for the Rootstock ecosystem, spearheaded by the RIF Aggregation Layer-2 scaling solution based on zkSync.
Dock Launches Mainnet For The Creation of Verifiable Credentials
In just a few days, Dock will be introducing its mainnet with the aim to solve many of today’s issues with digital credentials. Scheduled for September 30, 2020, the mainnet launch is the culmination of years of collaboration, hard work, and testing that brings to the market a bespoke credential issuing and verification platform.
The OCC is Focused on "Not Killing" Bitcoin and Crypto says Acting Comptroller Brian Brooks
Brian Brooks has affirmed that the OCC is not planning any ban or stringent regulation on Bitcoin or other cryptocurrencies.
Ontology Teams Up with Chainlink to Solve the Oracle Problem by Creating Externally Connected Smart Contracts
In an effort to foster the Ontology network, the platform has announced its decision to collaborate with Chainlink to build data-driven smart contracts with end-to-end security and reliability, which is centered on solving what they identified as the oracle problem.
DeFi Protocol Ref Finance Completes $4.8M Financing Led by Jump Crypto
NEAR's blockchain ecological DeFi project- Ref Finance announced the completion of $4.8 million financings led by Jump Crypto.
AI's Mainstream Impact and Workforce Dynamics in 2023
2023 was a transformative year for the workforce, marked by AI becoming mainstream, changes in job roles and hiring processes, the rise of hybrid work models, the decline of corporate jargon, and notable increases in job interview compensation.
Robinhood Acquires Cross Crypto Exchange Trading Platform Cove Markets
Robinhood announced the acquisition of Cove Markets, a cross-exchange trading platform, joining Robinhood crypto.
The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President
As the world tries to come to terms with the coronavirus outbreak, recently Edwin Bautista chief executive and president of UnionBank of the Philippines revealed how digital services could support consumers as they increasingly self-isolate themselves or have to work remotely for an extended timeframe. The fintech leader projected the end of cash as the coronavirus crisis provokes banks to fast track the shift towards digital. But will the end of physical cash become a reality? The trend towards cashless remains inevitable as the current events seem to accelerate this process.
Huobi Group Founder in Talks to Sell Almost $3B Company Stake
The selling of Huobi Group founder's majority stake in the crypto-exchange could be the industry's biggest takeover since a $2 trillion global crypto rout started, according to Bloomberg.
JPMorgan Develops AI Tool for Federal Reserve Analysis
JPMorgan has created an AI tool using a ChatGPT-based language model to analyze Federal Reserve statements and speeches to detect trading signals. The tool assigns a Hawk-Dove Score to Fed policy signals and can predict changes in central bank tightening. The bank has reportedly found the preliminary applications of the tool to be encouraging.
S. Korea's Democratic Party Backs Support for Crypto, Metaverse
Song Young-gil, leader of the ruling Democratic Party, stated that the South Korean government should stop the crackdown on the crypto sector and start nurturing it instead.
Alibaba Moves to Expand Its Scope For Its Blockchain-powered Charity Project
Ant Financial, an affiliate of Alibaba the e-commerce giant is making efforts to increase the scope and accelerate its charity project which happens to be a blockchain initiative.
BaaS Startup Domineum to Train 100k Nigerian Students in Blockchain Solutions
Domineum, a Blockchain-as-a-Service (BaaS) startup, is set to train as many as 100,000 students under the umbrella of the Nigeria Association of Computing Students (NACOS) in blockchain and emerging technologies.
Chia Network Appoints Noor Menai to Board of Directors
Chia Network, Inc. has appointed Noor Menai to its Board of Directors. Menai, a seasoned professional with over 30 years of experience in banking, finance, and technology, has held positions at prestigious institutions like JPMorgan Chase, Bank of America, and Citigroup. Chia Network, founded by BitTorrent founder Bram Cohen, aims to redefine blockchain technology for practical applications.
Bankruptcy Threatens $75M In FTX Political Contributions
The collapsed exchange's creditors may demand $73 million in political contributions. Many politicians who received FTX's largesse are now at a loss. Bankruptcy attorneys call campaign finance recovery "a difficult and protracted procedure".
Dogecoin Hits New All-Time High as Bitcoin Stabilizes over $63K
Bitcoin hit a record high of $63,860 and stabilized above the 63K level. As Bitcoin soared, Dogecoin experienced a strong 47% spike on April 14 and hit a record high of $0.1210. What should we expect from DOGE in the short term?
Russian Crypto Advocates Urge Putin to Address Delayed Regulations
The Russian Association of Crypto Industry and Blockchain (RACIB) has written an open letter to President Vladimir Putin urging him to address the risks of delayed cryptocurrency regulations in Russia. The letter argues that Russia has been too slow to implement legal regimes for crypto adoption and highlights the potential complications of proposed amendments to the current crypto law.
The Sandbox, FlickPlay Collaborate to Accelerate Interoperability in Metaverse
With the metaverse expected to be worth between $8 trillion and $13 trillion by 2030, virtual world gaming platforms The Sandbox and FlickPlay have joined hands to enhance its adoption by offering players a blockchain asset.
Russia’s E-Voting Blockchain Platform Attacked
Russia’s blockchain e-voting platform for Vladimir Putin’s proposed Constitutional amendments reportedly suffered a node attack last weekend. The proposal is passed will allow Putin to serve as President until 2036.
7RCC Spearheads a Carbon-Neutral Bitcoin ETF for ESG-Focused Investing
7RCC has submitted a spot Bitcoin ETF with a composition of 80% Bitcoin and 20% carbon credit futures, providing a unique, carbon-neutral investment option in the crypto market.
Combining Blockchain with IoT and AI can Trigger More Accurate Weather Forecast, HashCash CEO Says
For accurate futuristic decision-making in weather forecasting, blockchain ledgers should be integrated with artificial intelligence (AI) and the internet of things (IoT), according to HashCash Consultants CEO Raj Chowdhury.
Mobile Game Publisher Kongregate Launch $40M Fund for Web 3 Developer
Mobile game publisher Kongregate has partnered with Immutable X, Ethereum's leading Layer 2 (L2) scaling solution, to launch a $40 million blockchain developer fund.
Chicago Board Options Exchange Files Trademark for NFT & Crypto Services
The Chicago Board Options Exchange has filed for a trademark application for CBOE DIGITAL, NFT trademark, according to its attorney Michael Kondoudis's announcement through a tweet.
France Seeks to Block Development of Libra in Europe
While speaking at a recent conference in Paris on virtual currencies, Bruno Le Maire, French Finance Minister said, “In these conditions, we cannot authorise the developments of Libra on European soil.
Euler Finance Suffers Flash Loan Attack, Loses Millions in Multiple Cryptocurrencies
Euler Finance, an Ethereum-based noncustodial lending protocol, suffered a flash loan attack on March 13, resulting in the loss of millions in Dai, USD Coin, staked Ether, and wrapped Bitcoin. The attacker stole nearly $196 million in multiple transactions, making it the largest hack of 2023. On-chain data indicates that the attack is related to a deflation attack that occurred one month ago, and the attacker used a multichain bridge to transfer funds from the Binance Smart Chain to Ethereum.
Spot Bitcoin ETFs: A Pivotal Decision by SEC Awaits
The SEC is nearing a decision on approving spot Bitcoin ETFs, which could significantly impact the cryptocurrency market and investor sentiment, with discussions focusing on minor amendments.
MediLiVes Launches Unique Healthcare App in London
MediLiVes, the innovative healthcare platform based on AI and Blockchain technology, launched its App on Saturday 16th November in London. MediLiVes is disrupting the USD 10 million diagnostic industry by partnering with medical practitioners and patients on a single digital platform.
BIS Taps Benoît Cœuré to Lead Digital Currency Initiative
Cœuré, who previously led a Group of Seven working group on global stablecoins, said that he was very happy to join the Basel-based institution:
Crypto Miner EZ Blockchain Expands Mining Rigs to 16 MWs in Georgia State
Crypto mining company EZ Blockchain plans to expand its mining rigs to 16 megawatts using Georgia's underutilized power resources.
Unilever to Use Blockchain for Transparency and Traceability to Achieve Deforestation-Free Supply Chain by 2023
Unilever, the consumer goods company that owns brands such as Ben & Jerry’s, Dove, Vaseline, Knorr, and other well-known brands, has announced that it will be leveraging blockchain to tackle deforestation.
Bankless: Solana's Resilience and Prospects Amid Market Challenges
Solana has navigated through a challenging bear market and technical issues to emerge stronger in 2023. With improved network performance, diversification into new sectors like NFTs and AI, and upcoming developments like Neon EVM and Solang, Solana's future appears promising despite past setbacks.
Crypto ETP provider 21Shares' Parent Firm Raises $25m
21.co, the parent company of European ETF issuer 21Shares, has completed a $25 million financing led by Marshall Wace at a valuation of $2 billion.
Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement
Ripple Labs is facing a lawsuit by New Payments Platform Australia (NPPA) for allegedly violating intellectual property rights for the branding of ‘PayID’.
Venezuela’s Central Bank Considers the Potential of Bitcoin and Ethereum
In the face of global isolation from international financial systems and imposed US sanctions on state-run PSDV (Petroleos de Venezuela S.A.) , Venezuelan’s Central Bank is looking to explore Bitcoin and Ethereum payment systems.
Lido Announces Upcoming Upgrade, Introduces New Staking Router
Staking liquid Lido V2 will allow Ethereum staking reward withdrawals and better staking infrastructure.
Crypto Miner Merkle Increases Hash Rate 9x to 3.1EH/s in 8 Months
Bitcoin miner Merkle Standard has formed a joint venture with Bitmain, one of the world’s largest Bitcoin mining equipment manufacturers, to increase its total computing power, or hash rate, from about 0.3 EH/s to 3.1 exahash ( EH/s), the computing power is increased by 900%.
More Than 50% of ETH Has Now Been Staked in Preparation for Ethereum 2.0 Mainnet
With just a week left before Ethereum 2.0, the deposit contracts that are needed have surged considerably, topping 50% of its target.
Bitso Reaches 1 Million Users Mark in Brazil
Bitso has now reached a mark of 1 million users in Brazil, a year after its release in the country, the Mexican cryptocurrency exchange announced.
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.
Stanford Study Findings—Is Blockchain Hype or Hope for Social Impact?
Beyond the hype of its potential, does blockchain technology really have the power to drive social impact?
US Congress Reveals most Countries Fail to Tax Staked Crypto, Will This be Resolved as Ethereum Launches Staking?
Taxation for cryptocurrencies differ from one country to another and most have yet to provide clear guidelines on how to tax staked crypto.
KuCoin Hacker Scrambles to Dump Stolen Chainlink Tokens, Crypto Exchanges Collaborate for Clamp Down
The KuCoin hacker has begun dumping his stolen funds, after having made off with over $150 million worth of Bitcoin (BTC), ERC-20 tokens, and Ether (ETH).
Tim Draper Plans to Capitalize on Indian Cryptocurrency Renaissance
Tim Draper is a billionaire investor best known to the crypto community for his participation in the FBI’s 2014 Silk road auctions where he won thousands of Bitcoin. The venture capitalist has revealed the he is now honing in on India's emerging cryptocurrency sector and hopes to fund many of the region's startups.
Vietnam Launches a National Enterprise Blockchain Platform as it Eyes a Global Top 50 Slot
The Ministry of Information and Communications in Vietnam is building an enterprise blockchain platform dubbed akaChain in line with its national program.
Optimism Announces Third Airdrop Allocations
Optimism, an Ethereum Layer 2 solution, announced its third airdrop, "OP Airdrop #3," which allocated 19 million OP tokens to 31,870 addresses. The airdrop aimed to incentivize active participation in governance through delegation of voting power. The reward types included government delegation rewards and voting delegate bonuses. Optimism plans to allocate 19% of the initial OP token supply for future airdrops.
JPMorgan Sees Retail Demand Improving, Ending ‘Intense Phase’ of Deleveraging
According to JPMorgan, the current crypto market is seeing improved investor sentiment and increased demand driven by retail investors.
Central Bank Digital Currency (CBDC) Race: 2020 Year in Review
As 2020 comes to a close, we take a look back at the most important developments regarding the pursuit of Central Bank Digital Currencies (CBDC).
Scammers Target NFT Users in BLUR Token Airdrop Scam
Scammers are targeting NFT users with fake BLUR token airdrop links on malicious websites, resulting in the loss of over $300,000 in ETH. Legitimate BLUR platform has been rewarding users with tokens through its three-phase airdrop incentive scheme.
Ransomware Attack Directed Towards University of California Generated 118 Bitcoin
The University of California, San Francisco’s plans to further COVID-19 vaccine research were disrupted by a ransomware attack on the school’s servers.
Coinbase Becomes First Custodian to Pass Two Major Security Evaluations
Coinbase Custody has become the first cryptocurrency custodian to obtain bot SOC 1 Type 2 and SOC 2 Type 2 evaluations.
Former CoinDesk Editor-in-Chief Pete Rizzo Gets Hired by Kraken Digital Asset Exchange
A report from Kraken Digital Asset Exchange, a cryptocurrency exchange firm based in San Francisco, informed that it has hired former CoinDesk journalist, Pete Rizzo who served as an Editor-in-chief in the news industry.
British University Reveals Blockchain-Enabled Digital Certificate to Water Down COVID-19 Dangers Across Supply Chains
Birmingham City University (BCU) in the United Kingdom is testing the waters with a blockchain-based digital safety certificate to safeguard consumers and suppliers from risks triggered by coronavirus (COVID-19). The digital certificate dubbed the Coronavirus Clearance Certificate (CCC), will be instrumental in reassuring stakeholders across supply chains that goods offered are risk-free.
Ukraine's Draft Bill on Digital Currencies Undergoes First Parliamentary Hearing
Ukraine's proposed draft bill for regulating digital assets in the country has passed its first parliamentary hearing.
Voltage Park's $1 Billion Cloud Infrastructure Targets ML Compute Shortage
Voltage Park, launching on October 29, 2023, introduced a $1 billion cloud infrastructure housing around 24,000 NVIDIA H100 GPUs, aimed at redressing the ML compute resource crunch. A subsidiary of the Navigation Fund, Voltage Park aspires to democratize ML compute access, thereby catalyzing AI innovation across the spectrum.
Four Countries to Conduct Cross Border CBDC Payment Trials
The Bank for International Settlements (BIS) has joined forces with the central banks of South Africa, Malaysia, Singapore, and Australia to kick start a project dubbed Dunbar aimed at testing the use CBDCs in cross border payments.
What Happened: US Committee Hearing with the SEC on Crypto and Libra
The United States House of Representatives Financial Services Committee held a hearing on Sept. 24 with the Securities and Exchange Commission’s (SEC) five commissioners. Vital topics covered in the hearing include the consideration of cryptocurrencies as securities, regulation of Facebook’s Libra and Calibra, and insider trading.
Facebook’s Libra Creating Shadow Monetary Ecosystem Warns FAC
Facebook’s creation of cryptocurrency Libra will spawn a ‘shadow banking’ system outside of sanctioned financial markets according to US banks.
US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China
US lawmakers approved the American COMPETE Act and the Digital Taxonomy Act, in an active race against China the blockchain and technological sector.
Why Young Investors are Increasingly Investing in Crypto and Cannabis
Crypto and cannabis markets seem to be attracting a rising number of young investors. Why is this so?
NASDAQ Listed MicroStrategy Buys Up Additional $175 Million in Bitcoin
Bitcoin centric NASDAQ listed MicroStrategy has shored up its Bitcoin (BTC) portfolio by investing an additional US$175 Million.
FreeInit: A Groundbreaking Approach to Enhance Video Generation by Nanyang Technological University
FreeInit, developed by Nanyang Technological University, enhances video diffusion models by iteratively refining noise initialization, significantly improving temporal consistency in video generation.
Green Lights to Texas State Chartered Banks to Provide Virtual Currency Custody Services
Texas state-chartered banks get the green light from the regulator in Texas of the United States for providing customer custody virtual currencies services.
Chainalysis Secures $13M From Ribbit Capital and Sound Ventures, Continuing to Fuel Crypto Adoption
Chainalysis announced that it has secured an additional $13 million in a strategic investment from Ribbit Capital and Sound Ventures during its Series B investment round, taking its total to $49 million.
Crypto Messaging Platform Lines Raises $4M in Seed Round
Crypto messaging platform Lines has raised $4 million in a seed round. The company aims to build an app to solve issues like no verifiable communications platform in the industry.
FTX to Raise up to $1 Billion at $32 Billion Valuation: Source
Crypto exchange FTX is raising as much as $1 billion at a valuation of around $32 billion, according to CNBC, citing people with knowledge of the discussion.
Blockchain Fest Singapore 2023 Announces Sponsorship
EMCD and Gresham International will be Blockchain Fest Singapore 2023 Sponsorship
FTX Exchange Offers $1M to First bank in Each Region who Accept Stablecoins
FTX exchange announced on Twitter that it will provide the first bank in each region with a bonus of $1 million.
Post-Halving Prediction: Bitcoin Price Hitting $20,000 Only a Matter of Time
With the much-anticipated Bitcoin halving just around the corner, pundits, investors, and traders are keeping a keen eye on this event because mining rewards will be slashed from 12.5 BTC to 6.25 BTC. Crypto trader TheMoonCarl tweeted that the number of non-zero Bitcoin addresses had smashed the 30 million figure. As a result, he believes that the all-time high Price of BTC of $20,000 will be broken.
Is Wikipedia the Next to Join the Blockchain Revolution?
Since starting in 2001, the platform has increased to over 49 million pages and millions of articles. Each month, as many as 50,000 new articles are submitted and added to the site, meaning that storage and security are extremely important to its constant growth and usability.
USA and Nigeria to Discuss Digital Economy and AI Advancements for Economic Growth
The US and Nigeria are set to discuss the digital economy, AI advancement, and economic ties at a conference in Abuja.
Infinity Ventures Crypto's $70M Fund to Focus on Global Startups
Infinity Ventures Crypto has completed its first round of funding with $70 million for investing in startups in Asia and the Americas.
Deutsche Bank's Warning of a Possible Future Crisis Worse Than the Current Pandemic Could Mean the End of Bitcoin
Deutsche Bank has warned that there is a high chance of a crisis far worse than the current coronavirus pandemic and could have a chance of taking out Bitcoin completely.
World's largest electronics and lighting marketplaces open in Oct
New AI & Voice Recognition zone plus smart lighting products
Crypto Market to Skyrocket to $1.75 Billion by 2027, Report Reveals CBDCs Could be a Game-Changer
Fortune Business Insights reports that the cryptocurrency market will hit $1.758 billion by 2027 from $754 million recorded in 2019, representing a compound annual growth rate (CAGR) of 11.2%. This growth will be spurred by blockchain technology as it makes cryptocurrency transactions effective, secure, and fast.
Square, Paradigm, Fidelity, and Coinbase Establish Crypto Council to Lobby Regulators
The new cryptocurrency council aims to serve as the growing industry’s voice to advocate for the economic and social benefits of crypto assets and related technologies.
Web3 Payments Company Fuse Launched the Payment API Platform Fuse Charge
Web3 payments revolution Fuse officially launched the blockchain payment API platform Fuse Charge.
Line’s Singapore Crypto Exchange Relaunched as US-based Bitfront
Line, the Japanese messaging service has closed its Singapore-based cryptocurrency exchange and relaunched the exchange service globally from a United States-based platform.
Chainlink (LINK) Price on Recovery, Litecoin (LTC) Trading 131% Above Expected Level Could Mean Bullish Bitcoin
Chainlink’s (LINK) price has managed to see a slight rise, bouncing back from under $10 to temporarily over $13.
Navigating the Resource Efficiency of Large Language Models: A Comprehensive Survey
A survey explores the resource efficiency in Large Language Models (LLMs) like OpenAI's ChatGPT, addressing high computational demands and proposing optimization strategies.
Chinese Courts Deploy Blockchain-Powered Electronic Door Seals for Enhanced Property Security
Chinese courts have gone a notch higher by adopting blockchain-based door seals that will optimize property security by enabling real-time video surveillance and a sophisticated alarm system. This move is intended to eradicate the conventional paper seals, which are not tamper-proof.
MakerDAO Intends to Depeg DAI from USDC
Announcing through Discord, MakerDAO’s founder Rune Christensen revealed that the DeFi protocol might consider de-pegging its native token DAI from stablecoin USD Coin (USDC).
CertiK Announces the Completion of British Pound Backed Stablecoin on Binance
According to the Exchangers representative, the token was going to be referred to as Binance GBP and was going to be fully backed by British pounds reserves. He also stated that in the nearest future more fiat currency backed stablecoins would be introduced on the platform
China’s Cryptography Law Piques Local Interest and Stirs Global Market Reaction
The recent passing of China's Cryptography Law, which will come into effect in 2020, has peaked local interest as searches for blockchain on WeChat surged ten-fold.
Gary Gensler Confirmed as Chairman of the SEC, What This Means for Crypto
Gary Gensler has been confirmed to the role of chairman of the Securities and Exchange Commission.
Square Enix to Launch Final Fantasy VII NFT Collection
Final Fantasy game creator Square Enix has announced plans to launch a non-fungible token (NFT) project related to the game franchise.
Chinese Crypto Veteran Reveals More About Binance After Top Executives Leave CoinMarketCap
Chinese crypto veteran Li Xiaolai revealed to the public via social media platform Weibo, about Binance’s operations.
What is OpenGPT and How It Differs from ChatGPT?
OpenGPT is an open-source project by LangChain AI, offering a community-driven alternative to OpenAI's GPT models, democratizing access to advanced language models, and addressing sustainability, community management, and competition with proprietary models.
Fiat Money
What is fiat money; the history of fiat money and its influence on monetary policy and the global economy.
Fisker Electric Vehicle Startup Bans Bitcoin Investment
Fisker said that the company will not accept Bitcoin (BTC) as an investment due to environmental unfriendly processes used in Bitcoin mining operations.
KPMG and Microsoft Launch Multibillion-Dollar AI Partnership, Unlocking Over US$12 Billion Growth Opportunity
In a landmark agreement announced on July 11, 2023, KPMG and Microsoft have pledged to reshape the landscape of professional services by placing Artificial Intelligence (AI) at the forefront of their operations. This significant expansion of their global relationship aims to modernize the workforce, ensure safe and secure development, and broaden the use of AI solutions across industries and society.
MicroStrategy Releases Q1 2022 Report, Holding 129,218 BTC
MicroStrategy released the first quarter of 2022 report on Tuesday, the company holds a total of 129,218 BTC, resulting in a $1 billion impairment.
Margin Trading And Lending On The Crypto Market
In recent years, many of you who are interested in crypto, probably have noticed the continuous growth of the number of new exchange products that help earn from lending and margin trade.
StripedHyena-7B: The Next Generation AI Architecture for Enhanced Performance and Efficiency
StripedHyena-7B, a new AI model, excels in processing long sequences with its hybrid architecture, outperforming traditional Transformers in efficiency and versatility.
Hyperledger Fabric-based Platform Remooz.com Launches NFT Marketplace
Enterprise-grade distributed ledger Hyperledger Fabric platform Remooz.com launched its first NFT marketplace platform.
Bitcoin Plunges to $32,266 amid the Intensified FUD Sentiment from China
As China has strengthened the supervision of cryptocurrency mining and related trading, fear, uncertainty, and doubt (FUD) sentiment has intensified among investors. BTC/USDT plummeted nearly 10% today, as low as $32,266.
Debunked: The 7 Most Common Myths About Cryptocurrencies
Although cryptocurrencies have been around for quite some time, many people still find them confusing. In part, that is definitely due to the fact that there are many common myths about them that people take to be true.
Crypto Fest 2.0 Rumble in the Crypto Jungle
Crypto is heating up once again! DeFi has exploded onto the scene, scalability of Ethereum is in question and gas fees are out of control, interest in central bank digital currencies (CBDCs) is hot, regulators are scrutinising closely and expectations that bitcoin is going to moon soon, is causing a rumble in the crypto jungle!
Why Facebook's Libra Is Not A Real Cryptocurrency
Facebook on Tuesday announced its Bitcoin rival called Libra, a cryptocurrency created by a Facebook subsidiary called Calibra that will be managed by an oversight body called the Libra Association. The Libra coin will not be available immediately, as the announcement only covers the vision and technology behind the Facebook blockchain. But the company says Libra will be private, mostly.
Australia's Government is Bolstering Its Market Regulator's Digital Asset
The new Australian government has devised a "multi-stage strategy" to combat cryptocurrency frauds, safeguard consumers, and increase enforcement.
Square Establishing Bitcoin Hardware Wallet, Confirmed by CEO Jack Dorsey
Digital payment company Square is building an "assisted custodial" bitcoin hardware wallet, confirmed by founder and CEO Jack Dorsey and head of hardware Jesse Dorogusker.
‘Rich Dad, Poor Dad’ Author Kiyosaki Praises Bitcoin, and Says “Bitcoin is In, Real Estate & Gold are Out”
In a talk radio segment, New York Bestseller Robert Kiyosaki and crypto investor Anthony Pompliano discussed the growth of Bitcoin (BTC) and the major role the cryptocurrency will play in the future.
Taplio for LinkedIn: Everything You Need to Know
Taplio is an AI-powered LinkedIn tool that simplifies content creation, post scheduling, lead engagement, and performance analysis. It uses GPT-4 AI and offers features like content idea generation, post enhancement, and personalized recommendations. Pricing plans cater to beginners, professionals, and agencies.
Inu & meme equivalent to Cleverminu token launched with 1 trillion IMO sale
Cleverminu, a hybrid meme and Inu token, has shared details of its much-anticipated token sale. The public event has seen 1 trillion CLEVERMINU tokens made available to establish a decentralized economy powered by its users. The token sale began on October 27 at 9:00 UTC, supporting price discovery and distributing CLEVERMINU to a global user base.
Is the Narrative about Bitcoin’s 4-Year Halving Cycle Diminishing?
With Bitcoin’s current return of approximately 456% since the third halving event in May 2020, this is a notable underachievement compared to the two previous cycles, which had recorded 1,355% and 4,974% respectively at this point in time.
Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments
Blockchain has been making headlines for quite some time now and banks have been widely talking about distributed ledger technology. Several financial institutions and banks have set up innovation labs to carry out proof of concepts so that to explore modern-day technology. A few days ago, Singapore’s Central Banks and JPMorgan announced that they are working on a blockchain pilot system, which is identified to have the potential to initiate multi-currency cross-border payments.
Pelosi and Mnuchin Narrow Differences on Pre-Election Stimulus Terms, Will Republicans Compromise?
House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin have reportedly narrowed their differences on the terms for a pre-election pandemic relief package.
Thai SEC Will Strengthen Crypto Regulations And Safeguard Investors
Thailand joins the list of nations rethinking crypto legislation. It will strengthen industry rules and safeguard investors. Crypto advertising tendencies worried authorities. The digital asset business was "vulnerable" and needed control.
Bitcoin Becomes Legal Tender in Honduran Special Economic Zone
Bitcoin and other cryptocurrencies have become legal tender in a special economic zone on an island on Honduras' Caribbean coast, officials said.
Central & Southern Asia Lead in 2023 Crypto Adoption, Chainalysis Reports
The 2023 Chainalysis Global Crypto Adoption Index shows Central and Southern Asia are leading in global grassroots adoption of cryptocurrencies. The index measures countries' involvement in the crypto space using on-chain data and real-world statistics. India leads the index, with six of the top ten countries from the CSAO region. Lower-middle-income countries, including India, Nigeria, and Ukraine, have seen robust recovery in grassroots crypto adoption.
Crypto Mining Stocks Plummet Amid SEC Issues a Subpoena to Marathon Digital Mining Facilities
US-based cryptocurrency mining firm Marathon Digital Holdings Inc has received a subpoena from the US Securities and Exchange Commission (SEC) regarding its Hardin, Montana data centre.
Tezos Now in Sixth Iteration After Florence Upgrade Goes Live
The Tezos network has just completed its sixth protocol upgrade, ushering in gas optimizations, increased operation sizes, and more.
Security Should be at the Heart of Crypto Ventures, HashCash CEO Says
The skyrocketing number of digital asset services shows increased crypto awareness and adoption, which necessitates heightened security features, according to HashCash Consultants CEO Raj Chowdhury.
Blockchain.News Interview with Managing Partner of HEX Alessio Quaglini on Digital Asset Custody
Alessio Quaglini, the Managing Partner of a custody solution blockchain start-up HEX, see the growing importance and emerging trends for custody in the age of digital assets. “We strongly believe that blockchain technologies will be the underlying infrastructure for future financial instruments, assets, contracts and currencies.” Say Alessio. He believe that his firm can offer the value of flexibility, accessibility, and security through partner up with traditional financial institution with their unique ZeroKey technology solution.
Crypto Fund Firm Fintonia Group Receives Virtual-asset License in Dubai
Singapore-based crypto fund firm Fintonia Group has received a provisional virtual-asset license from the Dubai authority.
Donald Trump's Impeachment Up for Crypto Bets on Augur
The impeachment of Donald J.Trump, the 45th President of the United States of America and its potential outcome has stirred up predictions on Augur.
UK's ASA Issues Crypto Ad Guidelines for 50 Firms
The UK's Advertising Standards Authority (ASA) has issued a guideline for companies on advertising cryptocurrency services.
JPMorgan Pulls Off First Live Trade on Public Blockchain
Through the trade, JPMorgan was able to issue tokenized $71,000. It was part of the Singapore central bank's pilot programs that are testing the use of DeFi in the banking sector.
Chainlink Oracles Integrate with GMX DEX
Chainlink’s low-latency oracles will integrate with the GMX decentralized exchange following a successful governance proposal, providing real-time market data to GMX v2.
World Economic Forum Views Blockchain as the Vaccine for Future Interferences in the Seafood Sector
The World Economic Forum (WEF) touts blockchain technology as the vaccine and game-changer needed to ensure things run smoothly in the global seafood supply chain irrespective of future disruptions. This is based on the fact that the coronavirus (COVID-19) pandemic has laid the bare knuckles of the inefficiencies and challenges faced by the seafood industry.
Solana CEO Denies Network Outages Caused by On-Chain Voting
Solana CEO Anatoly Yakovenko has refuted claims that Solana's network outages were caused by its on-chain voting system clogging its consensus layer. The CEO responded to a Twitter user's claims that the high volume of validator messages and on-chain votes were clogging the network, calling the theory "pure ignorance." While the root cause of the recent 20-hour network outage is still not clear, commentators have pointed out that there is likely no singular cause of the network outages.
Nifty Gateway Founders Resign
Nifty Gateway co-founders Duncan and Griffin Cock Foster are leaving Gemini. Gemini is suing Genesis Global, an insolvent cryptocurrency lender. "Technical leader" Eddie Ma and "non-tech leader" Tara Harris will head the platform.
India’s Tea Board Contemplates Using Blockchain to Stamp Out Tea Adulteration
India’s Tea Board seeks to mitigate the problem of tea adulteration by using blockchain technology as this will enhance consumers’ experience, as well as preserve the reputation of the Indian tea. Moreover, the consumption of tea in this nation will be boosted through an improved experience.
How Blockchain Can Uphold Creators' Rights and Copyright Law
Blockchain shows its versatility once again by becoming the perfect enforcer for copyright law, ensuring that authors receive their due credit and royalties.
Circle's 2024 USDC Economy Report Reveals Significant Growth in Stablecoin Adoption
Circle's 2024 report on the USDC economy highlights significant growth in stablecoin adoption and usage, with a 59% increase in USDC wallets and over $12 trillion settled in blockchain transactions since its inception.
Crypto Traders See Safe Haven in a Brokerage Newcomer in Turkey
Istanbul-based BtcTurk has established a securities brokerage, offering its millions of clients new options to satisfy their trading itch.
IBM and KAYA&KATO Leverage Blockchain to Trace Fabric Origins
Tech giant IBM has teamed up with KAYA&KATO, a textile manufacturer of workwear and uniforms, in developing a blockchain network aimed at revamping the fashion industry.
Australian Online Neobank Volt has Partnered with Crypto Exchange BTC Markets to Provide Bank Service
Australian online bank Neobank Volt revealed that it has partnered with crypto exchange BTC Markets (BTCM) to provide bank services for Australian crypto investors.
Virginia Pension Fund Enters Crypto Lending Space to Enhance Returns
Fairfax County Retirements Systems, a $6.8 billion Virginia pension fund, seeks to expand its scope by entering the crypto lending market to boost its returns.
Bitcoin Bull Peter McCormack Slams Bank of England Andrew Bailey’s Narratives About Bitcoin
Bitcoin bull Peter McCormack has slammed the narratives of Andrew Bailey, the Governor of the Bank of England (BOE) regarding Bitcoin and cryptocurrencies.
Crypto Hedge Fund Pangea Fund Receives $85m in Financing
Cryptocurrency hedge Fund Pangea Fund has raised $85 million to focus on a"long-only" strategy.
Bank of England is Considering Developing a Central Bank Digital Currency Amid Surge in Crypto Popularity
The Bank of England has confirmed it is considering the development of its central bank digital currency (CBDC). The confirmation was made by the governor of the bank Andrew Bailey in a webinar session with college students.
Bitcoin Circulation and Active Addresses Holding Steadily Despite Retracement
Bitcoin’s active addresses and circulation have not slowed down, despite the present correction because they have remained relatively strong.
BlockFi Suspends Withdrawals Following FTX Crisis
Crypto lender BlockFi announced on Twitter that they have suspended withdrawals and normal business operations due to the lack of clarity around the current status of FTX.
BlackRock Launches Pioneering Tokenized Asset Fund in Partnership with Securitize
BlackRock unveils its first tokenized asset fund with a $100,000 minimum investment, signaling a major move by the asset management giant into digital assets.
U.S. Blockchain-organisation BBA Publishes Crypto Toolkit Guidelines for Regulatory Consideration
The Boston Blockchain Association (BBA) has published a toolkit that will guide Massachusetts lawmakers in their efforts to create crypto laws.
Investcorp Rolls out First Institutional Blockchain Fund in the Gulf
Investcorp, a global manager of alternative investment products, has launched the first institutional blockchain fund in the Gulf Cooperation Council (GCC), aiming at propelling a blockchain-powered digital evolution.
ConsenSys Acquires MyCrypto to Strengthen MetaMask and Enhance Product Security
The Ethereum software company ConsenSys has acquired the Ethereum interface MyCrypto, aiming to integrate MyCrypto with the MetaMask wallet owned by ConsenSys and improve the security of all products.
US Government Considers Blockchain as a Stepping Stone to Smarter Food Security
The US government, through its federal agency the Food and Drug Administration (FDA) mandated with protecting the country’s food supply and public health, has earmarked blockchain as one of the technological innovations that will prompt traceability and a food safety culture.
'Dogecoin Army' Targets $0.69 to Commemorate 4/20 Doge Day
From the beginning of 2021 to now, Dogecoin went from an altcoin worth only $0.007 to hit a price of $0.41 today.
VeChain Announces Launch of Blockchain-Based Digital Platform at Cyprus Hospital
In light of COVID-19, VeChain announced the launch of a blockchain-based medical platform at the Mediterranean Hospital of Cyprus.
Sui Foundation Reallocates 117M SUI to Bolster Network Growth
Sui Foundation announces the reallocation of 117 million SUI tokens from external market makers to support the growth of its Layer 1 blockchain network, Sui. The move aims to bolster the network's DeFi ecosystem, which recently recorded its highest-ever total value locked (TVL) at approximately $37 million. The reallocation will not impact the circulating supply of SUI tokens.
Aave Surpasses $1.7 Billion TVL Taking Number One Spot From Maker and Compound
Aave is taking the open finance sector by storm reaching number one on the Defi Pulse rankings, beating Maker and Compound.
Is Bitcoin Getting Ready for a Breakout?
There seems to be light at the end of the tunnel for a breakout in the Bitcoin market because the multi-month downtrend witnessed on the momentum indicator has broken out to the upside.
Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance
Shanghai Municipal Commission of Commerce had signed a written proposal giving the Shanghai government departments and six financial companies an opportunity to establish an E-port area blockchain alliance with the sole aim of fostering international trade and financial services.
Coinbase Allows Crypto Investors to Cash Out in Pesos in Mexico
Coinbase, the largest U.S. cryptocurrency exchange, said it launched a pilot program in Mexico on Tuesday, allowing crypto investors to cash out cryptocurrencies in Pesos in Mexico.
UK Real Estate Developer Brik by Brik Launches its Property Investment Ecosystem
Brik by Brik, a major UK-based property development company, is making a long-term bet on the growing cryptocurrency market. The company announced that it will announce the launch of Brikn, a DAO ecosystem on the blockchain.
Gemini Report Shows Women Lagging Behind Men in Web3 Investments
Gemini's report showed that women make up only 26% of Web3 investors.
IOTA's Bullish Momentum Continues as Chrysalis Phase 2.0 to be Launched Soon
The decentralized ledger platform IOTA is preparing to launch Chrysalis Phase 2.0, also known as the final phase of IOTA 1.5, and this will be a major milestone.
WEF Report Warns of AI and Quantum Computing Risks
The WEF 2024 report warns of the negative impacts of AI and the risks of quantum computing, including misinformation, labor market disruptions, security concerns, and ethical issues in healthcare and geopolitics. The report calls for increased regulation and public awareness of AI.
Canada’s Central Bank Digital Currency Won't Include Zero-Knowledge-Proofs
Bank of Canada researchers do not feel that the current state of zero-knowledge-proofs is mature enough to be integrated into their development plans for a Central Bank Digital Currency (CBDC).
Belt and Road Initiative – Hong Kong the Gateway for RMB Internationalization
Many analysts have come to view BRI as a diplomatic offensive with geopolitical motives. However, the initiative is primarily driven by the Middle Kingdom’s pressing need to transform its national economy through further integration with the world.
Coinbase Announces Launch of Ethereum Layer-2 Network
Coinbase will gradually decentralize the chain but not create a new network coin.
Solana (SOL) Foundation Entrusts Hackathons and Accelerator Programs to Colosseum
The Solana Foundation is transferring management of its hackathons and accelerator programs to Colosseum, aiming to enhance the Solana ecosystem with substantial funding and developer support.
ADB Launches Blockchain Project for Cross-Border Securities Transactions in APAC
Asian Development Bank (ADB) is going to initiate a blockchain-powered project to connect securities depositories and central banks in the APAC region.
Cosmos-Based Defi Protocol Nolus Raises 2.5M to Build the First Cross-Chain Defi Lease
The Nolus DeFi Lease provides up to 150% financing on the initial investment with a lowered margin call risk and access to the underlying leveraged assets.
Barclays Is Finished with Coinbase, Clearbank Steps In
Barclays, the London based bank, has cut ties with cryptocurrency exchange Coinbase as reported by CoinDesk.
Grayscale Bitcoin Trust Files to Become First Fund to Report to SEC
Grayscale Bitcoin Trust (GBTC) has positioned itself to become the first cryptocurrency investment fund to achieve a reporting status to the United States Securities and Exchange Commission (SEC).
Banks are Still Far Away from Trading Crypto: Genesis CEO
Bitcoin will not receive the same amount of significance from banks any time soon as it has from individual investors, the head of the crypto prime brokerage Genesis Global Trading said.
Animoca Brands Partners with OliveX to Run Allowlist Campaign for Dustland Runner
Hong Kong-based Animoca Brands has announced a partnership with OliveX to run an allowlist campaign for Dustland Runner - the company's move-to-earn game.
Lightspeed Faction Unveils $285M Fund for Blockchain Innovation
Lightspeed Faction has launched a $285 million venture fund, focusing on early-stage blockchain projects, highlighting the growing importance and potential of blockchain technology in various sectors.
OpenAI's ChatGPT Under GDPR Investigation in Italy: Facing 30-Day Defense Deadline
Italian Data Protection Authority, Garante, has raised concerns over potential GDPR violations by OpenAI's ChatGPT, requiring OpenAI to defend its processing of personal data for 30 days.
Five Russian Banks Ready to Lead Russia's CBDC Pilot Test
Five Russian Banks will participate in the pilot test for the Bank of Russia’s proposed Digital Rubble following the release of its public consultation report.
Due To Rising Legal Bills, Celsius Wants To Extend The Claims Deadline
Celsius made the announcement that it will try to push out the date by which claims need to be submitted from January 3 to the beginning of February. The application is scheduled to be heard by the bankruptcy court on January 10th. As of the 29th of December, more than 17,200 claims had been submitted by Celsius' creditors. The total amount of money that had been paid out in legal and other professional expenses related to the bankruptcy case had already reached 53 million dollars.
5 Legendary Investors Share Their Predictions About Bitcoin Prices
Bitcoin is emerging with the speed of lightning due to the rapid rise of technological advancements. What Bitcoin predictions have leading figures in the industry made?
Orbs and Fantom Integrate to Push the Boundaries of Web3
The bridge between the major blockchain networks has set its sights on one of the new contenders to join the race for Web3, Fantom
7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin
This newly found interest also explains the recent increase in the number of exchange platforms that have been springing up to meet this growing demand for liquidity within this space. Some platforms where Nigerians can receive funds in dollars or Bitcoin and convert to Naira has been seen as a way out of the too many constraints fiat presents.
Europechain Education Program delivers EOSIO with the University of Geneva
Europechain is amongst the world’s first to teach blockchain technology at a global university. Europechain has delivered an advanced EOSIO course at the University of Geneva as part of its official Certificate of Advanced Studies (CAS) on blockchain and Distributed Ledger Technology (DLT). The EOSIS Blockchain is considered Blockchain 3.0 because of its zero transaction fees, TPS rates of 10,000 per second and fast scaling ability. The teaching of EOSIO at Geneva marks a further step in the adoption of blockchain as a new and vibrant digital technology.
Hide and Seek? Spouses in Divorce Settlements Conceal Assets into Crypto
Some spouses reportedly intend to hide and covert their properties into digital assets, such as crypto, which is more difficult to track when dealing with divorce settlements, experts said.
Crypto Investment Firm M31 Capital Launches $100m Web3 Opportunity Fund
Crypto investment firm M31 Capital Management, LLC announced the launch of a new Web3 fund, aiming at investing in early-stage blockchain technology projects and protocols in the Web3 ecosystem.
Gamefi 'Land of Conquest' gets Backing from Huobi Ventures, to Start Beta Version in Aug
Blockchain game development company Land of Conquest received investment from Huobi Ventures.
Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products
One of the leading Chinese Filecoin mining machine providers, IPFSMain has suspended sales of all products.
US Government Now Holds $1 Billion in Bitcoin After Silk Road Seizure Using Blockchain Analysis
The DoJ has asked to lock down on approximately 69,370.22491534 Bitcoin (BTC), Bitcoin Gold (BTG), Bitcoin SV (BSV), and Bitcoin Cash (BCH).
FTX Affirms to 'Unauthorized Access’ to Some Assets, Working With Law Enforcement
After confirming the recent incident of unauthorized access" to its crypto holdings, citing a hack, FTX’s general counsel Ryne Miller took to his Twitter on Saturday to explain that the exchange is now working with law enforcement
Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy
Bitcoin is too unpredictable to be "effective money," according to legendary investor Ray Dalio.
Bitcoin Price Rally Stalls, Falls below $23,000 amid 75% of BTC Sold by Tesla
After briefly breaking the $24,000 mark, Bitcoin fell below 23,000 to 22,895.94, at the time of writing, after announcing that Tesla had sold 75% of its bitcoin position.
AI and Human Enhancement: Balancing Benefits with Ethical Concerns
Exploring the role of AI in human enhancement, this paper discusses its potential as a cognitive enhancer and the ethical and societal implications, balancing technological advancements with public concerns and equitable access.
Bybit Launches Leveraged Token Products
Cryptocurrency exchange Bybit announced the launch of leveraged token products on the trading platform's spot exchange starting with two bitcoin leveraged tokens, BTC3L and BTC3S.
Illicit Activities in DeFi Sector Seen Rising in Past Two Years: Chainalysis
Illicit cryptocurrency transactions in the decentralized finance (DeFi) sector have been rising over the last two years, according to the Web3 Safety & Compliance report from Chainalysis.
FTX.US Wins the 10-yr Naming Right of UC-Berkeley's Facility by Sponsoring $17.5M in Crypto
The American cryptocurrency exchange giant FTX sponsors the University of California, Berkeley (UCB) with $17.5 million in cryptocurrency in exchange for getting the 10-year naming right of the California Memorial Stadium.
Space and Time and Microsoft Make Blockchain Data Accessible on Azure Marketplace
Space and Time and Microsoft announce that developers can now deploy the Space and Time data warehouse directly from the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. The one-click deployment provides customers with an accelerated on-ramp to easily access, manage and perform analytics on blockchain-native data.
Wombat Exchange Dominates Stableswap Market With $217M TVL in 24 Hours
Wombat, a multichain stableswap, has broken records for Total Value Locked (TVL) within 24 hours of launching. Users on BNB Chain deposited $217M of stablecoins within the decentralized exchange’s first day of operations, making it the network’s largest stableswap by TVL.
MetaMask Snaps Elevate Security and Interoperability in the Web3 Space
MetaMask introduces security-focused Snaps, including collaborations with Tenderly and Sayfer, and extends functionality through integration with Hedera, marking a significant enhancement in wallet security and user experience.
Opinion: Is Bitcoin Ready for Day to Day Use? Could my Parents Figure It Out?
Technology and the Older Generations, Will Blockchain and Bitcoin Find a Userbase With Them?
NFTs Sees Increase in Manipulative Trading Practices: Chainalysis
Non-fungible tokens have been witnessed a rise in malpractices as the sector turns increasingly volatile, blockchain analytics platform Chainalysis reported.
Palestine Mulls Launching CBDC as the Move of Monetary Independence from Israel
Palestine Monetary Authority, the central bank of Palestinian in the West Bank, is reportedly developing a digital currency, which considers as symbolic monetary independence from Israel, according to Bloomberg's coverage.
Starbucks to Introduce NFTs This Year
Starbucks interim CEO Howard Schultz announced that the company is entering the NFT market this year.
The IMF Releases a Report on Jordan Preparations for a Central Bank
The IMF published a technical analysis on Jordan's retail central bank digital currency.
PreScouter Research: Blockchain Adoption in Life Sciences Wanting
According to a report by PreScouter, a research company that assists business leaders make better corporate and product development decisions, the mindset of leadership in the life sciences sector is hindering blockchain adoption.
Blockchain.com Obtains Digital Payment Token License in Singapore
Blockchain.com has secured a Major Payment Institution License from Singapore's MAS, joining 3,427 licensed firms across banking, capital markets, and more.
Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI
Michelle Fradin, former Sequoia Capital executive, joins OpenAI to lead data efforts, specializing in venture capital and AI, focusing on FTX investment and large language model integration.
Why Hong Kong is Still Not Ready to Become Asia's Leader in Crypto and Blockchain
During a live webinar, as part of the UK FinTech Week, Clara Chiu, the Head of Fintech Unit & Director of Licensing at the SFC explicitly stated that Hong Kong does not have the mandate to create a large regulatory regime for cryptocurrencies or to attract more investors or players in the crypto field. Rather than promoting the crypto sector, Hong Kong is rather focused on protecting investors and promoting new regulations for the same reason. Is focusing on licensing enough for the city?
Blockchain Interoperability—What are the Key Drivers?
Blockchain Interoperability, the ability to connect different blockchain ecosystems, is gaining a lot of traction today. But, first of all, it is necessary to understand if we need interoperable blockchains. What problems do they solve? Or will they create more troubles? And finally, what are the various challenges involved in going down the path of interconnecting blockchains?
Spritz Finance bill pay beta launches on Polygon Network
Spritz Finance, a Web3 personal finance platform for decentralized finance (DeFi) users to easily pay their bills with crypto, announced today that the company’s closed beta for its bill pay product is now available to all Polygon Network users, beginning in the United States.
Bitcoin Fell Below $30K for the Second Time since mid-May, Low Institutional Demand Could Lead to Further Declines
Bitcoin fell below the $30,000 support level for the first time in four weeks. This time, due to the lack of institutional demand for Bitcoin and the large-scale sell-off of the safe-haven Bitcoin caused by the epidemic, the downward trend may be further exacerbated.
Jul 23 Trading Analysis: If only Robinhood has ETH listed
Trade strategy: Buy out of the money BTC and ETH calls; BTC 10 to 10.5k calls and ETH 300 to 350 calls for the next few weeks. Let's not get ahead of ourselves; whether we actually FOMO and chase, we will have to monitor for continued "recycled capital" and hopefully fresh inflows to keep the MoMo going,,,,,
EOS Dublin and ConsolFreight partner to Leverage Blockchain In FreightTech
EOS Dublin, an EOS block producer and EOSIO blockchain developer, has partnered with ConsolFreight, a leading operator in the digitised Freight Forwarding industry. Together, they have conducted a Proof of Concept (POC) for the freight forwarding industry using blockchain. This development is hailed as the new intersection between Fintech and FreightTec
Navigating AI in Hospitality: Insights from Bulgarian Hoteliers
The paper titled "Automated decision-making: Hoteliers’ perceptions" provides an in-depth analysis of Bulgarian hoteliers' attitudes towards AI in decision-making, revealing a preference for AI in tasks not requiring emotional intelligence. It also uncovers that personal and property characteristics do not significantly influence their AI adoption preferences, indicating a widespread acceptance across the hotel industry.
Blackrock Rollouts Blockchain ETF for European Investors
The iShares Blockchain Technology UCITS ETF targets institutional and professional investors in Europe.
FTX Downfall Leaves Crypto Market in FUD Sentiment
FTX native token FTT has fallen 71.6%, CoinGecko showed, and the firm's net crypto asset holdings have plunged 83% in just the past two days, making SBF's total assets lose an estimated $14.6 billion – nearly 94% of his total wealth.
UK Tech Companies Partner to Develop Blockchain-Based Parcel Tracking Application
Triad, a notable UK provider of IT consultancy services and technology solutions, has partnered with Stratis, a London-based enterprise blockchain technology company, for blockchain-enabled solutions to organizations including a parcel tracking application.
Ethereum Network Planned Hard Fork Delayed Due to Late Acceptance of EIPS
The blockchain infrastructure company running the core of the Ethereum network has delayed the planned hard fork launch until September 6th.
Enterprise Grade Back-Office Platform Cryptio Raises $10m in Series A Funding
Enterprise-grade back-office platform Cryptio has raised $10 million in a Series A funding round.
Trezor Produces In-House Chips to Speed Up Hardware Wallet Production
Trezor accelerates hardware wallet production by producing its own chip wrapper, reducing lead times and shipping delays caused by component supply and demand.
MicroStrategy Continues to Invest in Digital Assets amid Holding 105,085 BTCs
The leading enterprise analytics platform MicroStrategy released its financial report for the second quarter of 2021 Thursday. The management is satisfied with its strategic investment in digital assets and will continue to deploy funds to invest in its "digital asset strategy."
ConstitutionDAO Fails to Win the U.S. Constitution Copy on Sotheby’s Auction, after Raising Crowdfund $47M
Breaking: Decentralised autonomous organisation ConstitutionDAO lost ownership by failing to win the bid for the printed copy of the U.S. Constitution at a Sotheby’s public auction. The Lot finally sold for $43.2 million.
The Development of Blockchain Chips
The new "fully homomorphic encryption" chip will let users operate on data without decrypting it.
Official State-Run Publication Reports Blockchain Development in China to Reach $2 Billion In 2023
Chinese publication, Xinhua, reports that blockchain technology will reach $2 billion in 2023 as well as this, blockchain development in China is expected to increase by a compound annual growth rate of 65.7% from 2018 to 2023.
NetCents Technology to Facilitate DeFi Investments on Its Platform
NetCents Technology, a cryptocurrency payments company, has signed an agreement with Vesto to enable decentralized finance (DeFi) protocols to run on its platform.
US Election 2020: Can I Change My Vote?
The United States 2020 election day approaches, and a large number of US citizens have already cast their votes, but what if they wanted to change their votes before Nov. 3?
Tether Brings into Play Anti-Money Laundering Solutions with Chainalysis Tool
Tether, the most leveraged stablecoin provider based on market capitalization, has deployed a tool provided by Chainalysis, a blockchain analytical company, in its quest to have anti-money laundering (AML) compliance solutions
MediLiVes Healthcare Platform Launches App
MediLiVes, the innovative healthcare platform based on AI and Blockchain technology, is to launch its App on Saturday 16th November in London. MediLiVes is disrupting the USD 10 million diagnostic industry by partnering medical practitioners and patients on a single digital platform.
Goldman Sachs Explores Development of its Own Digital Token
Leading global investment bank Goldman Sachs is examining options of creating its own cryptocurrency. The bank has appointed Mathew McDermott as the worldwide head of digital assets to spearhead the realization of this dream.
IDEG Launches Renaissance SP and DeFi Tracker SP
Professional digital asset manager IDEG Asset Management Limited (IDEG) has launched IDEG Renaissance SP and the IDEG DeFi Tracker SP.
British Lloyds Banking Group Recruits Digital Cryptocurrency Experts
British retail banking giant Lloyds Banking Group is looking for digital cryptocurrency experts as a digital currency and innovation senior manager. The starting salary for this position is expected to be £59,040 per year.
RippleNet Expands Access to Cross-Border Payments in the Asian Market with Thai FinTech Partnership
Thailand-based fintech company DeeMoney has joined RippleNet to process more efficient money transfers with competitive rates and low fees for all of Asia.
China's Central Bank Governor Says no Timeline for Digital Currency Launch
The Governor of the People's Bank of China has declared that there is no timeline to the release of the country's digital Yuan, an innovation that has entered its test pilot phase.
BAYC Owner Scammed for NFTs Worth $567K with Fake PNGs
A Bored Yacht Club (BAYC) NFT owner was scammed for at least $570,000 after the victim was tricked into exchanging their NFTs for worthless PNGs.
“2020 5th Global Asset Allocation Focus” will be held in Shanghai in August
Global Asset Allocation Focus 2020 (hereinafter referred as GAAF2020), founded in 2016. With a four-year proven-track record, GAAF2020 will invite more than 500 participants from more than 10 countries, who are mainly senior executives from private banking, family office, independent wealth, asset management, funds, securities, trusts, insurance, futures, etc. GAAF2020 will invite 40+ speakers to share their insights on the theme of "Chinese Opportunities".
Robinhood Silently to Test Crypto Wallets & Crypto Transfer Functions
According to a Bloomberg report, Zero-commission financial trading platform Robinhood is low-profile testing new crypto wallet features for its customers, which will allow users to send and receive cryptocurrencies.
Elon Musk Plans to Launch AI Startup to Compete with OpenAI
Elon Musk is reportedly assembling a team of AI researchers and engineers to launch an AI startup to compete with OpenAI. Musk is said to be in talks with existing investors from SpaceX and Tesla for investment in the new venture. In addition, Musk has recently incorporated a company named X (X.AI) and changed the name of Twitter to "X Corp" as part of his plans to create an "everything app" under the "X" brand. Meanwhile, Amazon Web Services (AWS) has launched the Bedrock initiative to allow its users to build generative AI from foundation models.
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.
What are the New Amendments in Japan’s Crypto Laws to be Enforced Next Month?
Japan will be enforcing new cryptocurrency-related regulations in May, as two of the pieces of legislation were passed by the Japanese House of Representatives last year. The Payment Services Act (PSA) and the Financial Instruments and Exchange Act (FIEA) were originally scheduled to come into effect in April, however, there has been a delay and the final enforcement date has been officially pushed to May.
Hong Kong's Market Regulator Elected as new FCA Chair
With PM Boris Johnson expected to leave after a new leader is elected, the UK’s Financial Conduct Authority (FCA) has appointed Ashley Alder as its new Chair, commencing his term in January 2023.
Blockchain Summit 2020
This 3rd Edition is sponsored by Uruguay XXI, which will open our event on September 3. The opening on Thursday 4 will be by President of Banco Central del Uruguay, Ec. Diego Labat. Main sponsors are IBM, Microsoft and Grant Thornton and we are proud about their featured speakers. ANII has also granted us #DeInterés.
US Congress Encouraged to Regulate Crypto Sector Under Bank Secrecy Act
A Washington DC-based strategic advisory firm, the Financial Integrity Network (FIN), pushed the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA).
FINRA Identifies Widespread Violations in Crypto Communications
A recent FINRA review reveals over 70% of crypto-related retail communications from member firms contain potential violations of regulatory guidelines, including false or misleading claims.
Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund
Bangladesh has expressed its intentions to send 100 new graduates for Blockchain training in Japan and India according to reports by Bangladesh’s English-language newspaper The Daily Star on Aug 4.
Spanish Lawmakers Receive Bitcoin in Cryptocurrency Education Campaign
All 350 Deputies of the Spanish Congress have received Bitcoin as part of an educational campaign aiming to teach legislators about the uses and functions of crypto.
Crypto Exchange KuCoin Forms a Strategic Partnership with Pyth Network
Seychelles-based cryptocurrency exchange KuCoin has announced a strategic partnership with the Pyth Network, the crypto exchange will real-time prices of trading pairs, bringing crypto market prices fully on-chain.
Co-Founder of AirBit Club Sentenced to 12 Years for Cryptocurrency Ponzi Scheme
Pablo Renato Rodriguez, co-founder of AirBit Club, has been sentenced to 12 years in prison for orchestrating a global cryptocurrency pyramid scheme. Co-defendants await sentencing, and the group has been ordered to forfeit approximately $100 million in assets.
NGMI (Not Gonna Make It): A Comprehensive Overview
"NGMI" is a term used in the cryptocurrency community to describe individuals or projects considered unlikely to succeed due to hasty or uninformed choices. It serves as a warning label, mockery, and a reflection of market sentiments. The term is often used during market downturns to signal projects that the community believes won't recover. However, it's crucial to understand its context before making investment decisions.
Indonesian Religious Group Nahdlatul Ulama in East Java tagged crypto as Haram
A religious Islamic organization in Indonesia, Nahdlatul Ulama in East Java, has issued a fatwa on the status of digital currencies under the Sharia Law saying the new digital assets are "haram" which means forbidden in Islam.
Aave Launches Upgrade, DeFi Tokens to Gain as Bitcoin Fails to Break $16K
Aave DeFi protocol launched an upgrade on its public testnet today. The news comes as Defi tokens may be preparing for a bull run, with Bitcoin failing to rally.
OpenSea: A Glimpse into January 2024's NFT Landscape
OpenSea's January 2024 digest reveals exciting NFT trends, including Dmitri Cherniak's 'Ringers' sculpture, Disney's 'Steamboat Willie' entering the NFT space, and The Fabricant's AI-driven digital fashion collection. These developments showcase the growing intersection of art, technology, and digital ownership in the NFT marketplace.
Brexit issues on Supply Chain tacked using blockchain
Since the 1980s, Global Trade has multiplied by a factor of 3.5 but the Global Supply Chain has not kept pace. In fact, the World Trade Bank estimates that inefficiencies in Global Supply Chain are costing as much as USD 2 trillion of the overall USD 16 trillion market.
Spanish Authorities Arrest Bitzlato Exchange Executives for Money Laundering
On Jan. 18, 2023, police enforcement closed Bitzlato.
AMC to Accept Crypto alongside Bitcoin at Movie Theaters before the End of This Year
AMC Entertainment Holdings Inc has disclosed that it will accept a variety of cryptocurrencies as payment for tickets and concession payments at all US theatres by the end of the year.
Digital Currency and the Financial Inclusion Drive: The Journey So Far
With the digital currency ecosystem running toe-to-toe with traditional finance, here is a brief look into the journey thus far on the industry's financial inclusion drive.
Dock Plans to Use Cryptos for International Money Transfers: Reuters
Brazilian financial services platform Dock offers solutions for the entire ecosystem of digital payments and banking. It plans to utilise crypto for international remittances, expanding markets in the Latin American and European regions.
Cryptocurrency Adoption Is Growing, But US Needs To Adopt A Solid Blockchain Policy
In order to be ahead of other countries in the ever-growing industry of blockchain, the US needs to come up with an enforceable and consistent blockchain policy.
CFTC Committee to Hold Virtual Meeting on Digital Currencies and Blockchain
The CFTC has scheduled a virtual meeting for Thursday, July 16th where its Technical Advisory Committee will discuss matters around on cryptocurrencies and DLT.
Alternatives of USDT Gained Wider Merchant Access including Microsoft
Currently, BitPay supports Bitcoin, Bitcoin Cash, and Ether Payments. As of recent, the blockchain payment processor will now accept Circle USD, Gemini Dollar, and Paxos Standard Token.
Joint Sanctions by U.S., UK, Australia Target Hamas's Crypto Financing Networks
The U.S., UK, and Australia have imposed a fifth round of sanctions targeting Hamas's cryptocurrency transfer networks, aiming to disrupt the financial infrastructure that supports terrorist activities in Gaza.
Marathon Digital Buys 78,000 Antminer S19 XP Bitcoin Miners Worth Almost $900M
Marathon Digital Holdings announced that it ordered 78,000 Antminer S19 XP bitcoin mining machines worth $879.06 million from Bitmain.
Australia's First Bitcoin ETF to Launch on Apr 27
Australia’s first bitcoin ETF will be listed on the Cboe stock exchange next week, The Australian Financial Review reported on Tuesday.
KPMG Unveils Blockchain-Based Climate Accounting Tool To Help Drive Environmental Sustainability
KPMG has unveiled a blockchain capability dubbed Climate Accounting Infrastructure (CAI) to help firms measure, report, and offset their greenhouse gas emission.
China Creates New Regulatory Authority for Blockchain Products and Digital Payments
Earlier this month, China's President Xi Jinping made announcements on blockchain prompting banks to begin investing in the industry. In line with this, it is reported the next direction will be a new digital currency for citizens in China to use.
Blockchain in Supply Chain Market Anticipated to Top $14.88 Billion by 2028
The increasing adoption of product traceability for enhanced transparency in manufacturing processes and the urge for optimized security will make blockchain in the supply chain market surpass $14.88 billion by 2028, according to a report by Research Dive.
Estonia to Strengthen Supervision of Virtual Asset Service Providers
Estonia has recently considered enacting new rules on encryption and proposed draft legislation that will strengthen the supervision of virtual asset service providers.
CleanSpark Purchases Over 1000 Mining Rigs to Strengthen Productivity
Nevada-based bitcoin mining company CleanSpark, Inc announced that it has acquired 1,061 Whatsminer M30S rigs at a steep discount, expanding its infrastructures to mine more Bitcoins.
Chaintope Establishes Public Blockchain Protocol to Overcome Governance Challenges
Chaintope, a Japanese blockchain startup, has developed a public blockchain protocol known as Tapyrus to tackle some of the governance issues currently being witnessed in the blockchain space. For instance, some of the challenges noted in public blockchains include privacy concerns and sluggish transaction speeds.
Taiwan's Legislature Considers Virtual Asset Management Bill to Protect Consumers
The Taiwanese Legislature is deliberating on a new Virtual Asset Management Bill aimed at fostering better consumer protection and industry oversight. The bill, seen as moderate, outlines pragmatic mandates for VASPs while leaving room for further regulatory fine-tuning, marking a significant step in Taiwan’s evolving digital asset regulatory landscape.
Square Becomes Block a Week after Dorsey's Exit as Twitter CEO
Square Inc, originally a credit card-reader business, renames itself as Block Inc as it plans to broaden its services towards blockchain, music and cash transfers.
European Commission Takes Aim at AI-Generated Disinformation Ahead of Elections
The European Commission mandates major tech platforms to detect AI-generated content to shield European elections from misinformation, highlighting a robust approach towards maintaining democratic integrity.
Oct 16 Trading Analysis: President Xi's Yawnfest...
In October last year, President Xi made a speech on blockchain that pumped Bitcoin over 40%. There was also some additional evidence for some "blockbuster headline" today with Shenzhen offering $10mil RMB worth of digital currencies to its people reported earlier in the week. Hence, the unusual expectations for Xi to announce something related to blockchain or BTC today. Unfortunately, he did not pump our bags. Instead, he was trying to hype Shenzhen as a serious contender to HK. Boring.
Google's Lumiere AI: Ideal for Realistic Video Generation
Google unveils Lumiere, an advanced AI model for realistic video generation using a Space-Time Diffusion Model and STUNet architecture, outperforming existing models in quality and user preference.
Could Blockchain be a Solution for Mail-In Voting Issues and Election Ballot Counting Fraud?
Amid the misinformation circulating in response to the US presidential elections, blockchain technology has been brought up as a solution to prevent voter fraud.
Bitcoin Analyst: Bitcoin Futures Do Not Manipulate Bitcoin Price In Spot Market
According to a Bitcoin analyst, PlanB, creator of one of the most accurate Bitcoin price models, on April 7, 2020, claimed that Bitcoin Futures do not affect the price of Bitcoin in the spot market. In his tweet, he said that Bitcoin prices stayed within the S2F bands even when Bitcoin was at its all-time-high (ATH) in December 2017 which many people claim was suppressed by the introduction of Bitcoin Futures in Chicago Mercantile Exchange (CME) in 2017.
Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms
Power plants in Iran are considering supplying surplus electricity to Bitcoin and cryptocurrency mining farms in the nation.
Partnership to Tokenize Artifacts Recovered from the Titanic
To support Titanic study, recovery, and preservation, artifacts will be tokenized as NFTs.
El Salvador’s Bitcoin adoption Takes Effects Soon, Possibly Boost the BTC’s price, Analysis Predict
The adoption of Bitcoin as legal tender in El Salvador will be effective tomorrow. The market concerns if the new measure would further stimulate the surge of Bitcoin’s price.
Japanese Startups Can Now Raise Funds Using Cryptocurrencies
Japan's government has relaxed regulations allowing startups to raise capital through cryptocurrencies, aiming to diversify funding methods and catch up with international standards in digital asset handling. This move is particularly targeted at Limited Partnership for Investment funds, fostering innovation in the tech sector.
Thailand to Revive the Tourism Sector by Attracting Wealthy Crypto Holders
The Tourism Authority of Thailand (TAT) is going an extra mile of targeting crypto holders, especially those from Japan as it seeks to revamp the nation’s tourism sector in the post-pandemic era
South Korean Brokerage Firms Form Consortium for Tokenized Securities
South Korean brokerage firms KB Securities, NH Investment & Securities, and Shinhan Investment Corporation form a consortium to jointly venture into the tokenized securities market. The collaboration aims to build a common infrastructure and explore strategic business models, targeting cost efficiency and market expansion.
U.S. Air Force Files Trademark Application for Digital Metaverse 'SpaceVerse'
The U.S. Air Force (USAF) files a trademark application for "SpaceVerse" with the U.S. Patent and Trademark Office to expand military training into the metaverse.
Huobi to Discontinue Cloud Wallet Service in May 2023
Huobi Cloud Wallet will be shut off in May 2023 once Feb. 13 upgrades and maintenance end.
CipherTrace: Cryptocurrency Theft Alarming at $4.4 Billion in 2019
According to a report by CipherTrace, a blockchain forensics company, the cryptocurrency sector has lost a whopping $4.4 billion in scams and thefts so far this year, up by more than 150% from $1.7 billion in 2018.
Canadian Financial Company TMX Group to Launch First Crypto Futures This Year
Canadian financial services company that operates equities, fixed income, derivatives, and energy markets exchanges TMX Group said it will launch its first crypto futures product later this year.
Swiss Startup dua.com with 5M+ users officially lists on AllianceBlock Fundrs platform
The DUA token is set to become the first project to list on AllianceBlocks peer to peer participatory funding platform. Dua is powering the internal economy and matchmaking experience of international migrants, expats and diaspora communities.
Panama Congress Passes Crypto Regulation Bill
Panama’s legislature voted 38 in favor, 2 abstentions, and none against a bill to legalize the use of cryptocurrencies on Thursday.
Crypto Adoption Among Women on the Rise
A new poll suggests crypto is recruiting women. According to eToro's e-Survey of 10,000+ crypto investors, women's ownership climbed from 29% to 34% in Q4 2022.
Metis Proposes Migration to Ethereum Mainnet for Enhanced Data Availability
Metis, an Ethereum Layer 2 network, has proposed migrating its data availability back to the Ethereum mainnet. The move aims to simplify the launch of a decentralized sequencer pool and enhance data availability. The proposal is open for community feedback and will be subject to a Snapshot vote.
Privasea Raises $5M to Pioneer Depin with FHEML Technology
Privasea, a player in DEPIN+AI technology, has raised $5M in funding from prominent blockchain and tech investors to integrate Fully Homomorphic Encryption Machine Learning (FHEML) into its distributed computing network.
Ontology to Digitize Grocery Shopping Through Blocery DApp
Ontology (ONT), a high-performance public blockchain project and distributed trust framework, has revealed its teaming up with Blocery, a high-end grocery pre-purchase/ agricultural products purchase e-commerce platform, for a premium dApp.
Tsinghua University Opens First Metaverse Lab in China
Tsinghua University has launched China's first metaverse laboratory, dedicated to studying the growth and expansion of the new digital industry in the country.
WAHED Projects Donates 5 Million WAHED Coins to Fund Autism Research and Therapy
non-profit organization focused on awareness, education and research to improve the care given to children and adolescents on the autism spectrum.
AAG Partners with World Leading Blockchain PR & Marketing Firm MarketAcross
AAG is thrilled to announce a partnership with the world’s leading blockchain PR and marketing firm MarketAcross to raise the visibility of AAG and its upcoming product launches.
World's Largest IPO Ant Group to Raise $34.4 Billion, What is behind it?
Ant Group priced its dual listing on the Hong Kong Stock Exchange and Shanghai's Star Market at 80 Hong Kong dollars ($10.32) and 68.8 yuan ($10.26) per share respectively,
ChatGPT Poised to Challenge Google Assistant on Android Devices
OpenAI's ChatGPT may soon challenge Google Assistant's role as the default voice assistant on Android, signaling a significant shift in the digital assistant sector and underscoring AI's growing impact in technology.
India’s Telangana State Keeps the Ball Rolling with Blockchain-Centered Incubator
The administration of Telangana, a Southern Indian State, has announced the setting up of an incubator meant for startups in the blockchain technology field
Fetch.ai Launches Blockchain-based File-Sharing Platform for Data Monetization Management
Fetch.ai, a machine learning-based blockchain platform, has rolled out an end-to-end encrypted file-sharing platform dubbed DabbaFlow to simplify and accelerate data sharing.
California Cannabis Grower Using Blockchain For Tracking
Blockchain and smart contracts help a California cannabis nursery authenticate its therapeutic plants. EMTRI and Global Compliance Applications announced a relationship with Mendocino Clone Company, a nursery. It will use blockchain to batch-certify all clones, or baby plants.
Ethereum-Based Products Hit a 72.8% Monthly Growth as the US Reigns Supreme in DeFi Adoption
Ethereum-based products skyrocketed to $13.8 billion after recording a 72.8% monthly growth.
Middle East Eyes for Strong Potential Cryptocurrency Market
More Middle East countries are taking a bet on cryptocurrency, despite its high volatility nature, which may beat investors.
Dogecoin Skyrockets after Musk Announces Acquisition of Twitter for around $44bn
Dogecoin was up to more than 20% after Musk made a $46.5 billion takeover offer on Monday for a 9.2% stake in Twitter and completed a physical acquisition.
Hong Kong Monetary Authority Emphasizes AI and DLT in Fintech Roadmap
The Hong Kong Monetary Authority (HKMA) has released a Fintech Promotion Roadmap, aiming to promote fintech adoption in the financial services industry. The roadmap includes key fintech sectors like Wealthtech, Insurtech, and Greentech, and introduces AI and DLT. It aligns with HKMA's "Fintech 2025" strategy.
Digital Transaction announces world’s fastest web-scale blockchain and launches its utility token XPLL
Digital Transaction the company behind the ParallelChain™ blockchain has launched its utility token XPLL, giving investors the opportunity to stock up during its pre-sales stages
BabyAGI: An Overview of the Task-Driven Autonomous Agent
BabyAGI is an AI-powered task management system by Yohei Nakajima, automating tasks using OpenAI's NLP and vector databases. It streamlines processes, but faces challenges like slower processing speeds and errors.
First Private Bank Joins Turkish Digital Asset Blockchain Network
Garanti BBVA, the second-largest private bank in Turkey with $104 billion of consolidated assets has confirmed that it will be the first and only private bank joining the Turkish Digital Asset Blockchain Network.
UK to Unveil Plans for Crypto Regulation, Eyeing Stablecoins
According to CNBC, the U.K. government will announce a cryptocurrency regulatory regime in the next few weeks, with a focus on stablecoins, and the details of the plan are still being actively discussed.
Nature: Why AI Meeting Quantum Computing Is a Scientific Revolution
According to Nature, the integration of AI and quantum computing, particularly in quantum machine learning, is an emerging field that offers potential for groundbreaking advancements but faces significant challenges and skepticism.
ASIFMA: Tokenized Securities Might Bridge the Current Mainstream Finance with the New Digital World
ASIFMA (the Asia Securities Industry & Financial Markets Associations) has availed a new white paper that reveals a roadmap for regulators and market participants on tokenized securities.
Cambridge Report: 77% of Enterprise Blockchains Are Not 'Truly Transformational'
Following on from its initial 2017 Global Blockchain Benchmarking Study, the new study underlines the significant changes in the industry landscape since the initial version. According to the findings, the new report states, “Two years ago, the industry landscape was mostly dominated by half-hearted experiments and short-lived proofs-of-concept – often announced with great fanfare and publicity – the hype has gradually given way to genuine development of sustainable blockchain networks that are increasingly being deployed in production environments.”
Bitcoin Rebounds Strongly after Hitting a 7-Week Low
Today, Bitcoin (BTC) rebounded strongly to $53K after plummeting to a low of around $47,000 on April 25.
Gemini Pro vs GPT-4: A Comprehensive Comparison of AI Powerhouses
Google's Gemini Pro outperforms OpenAI's GPT-4 in reasoning, math, and multimodal tasks, highlighting the rapid advancement in AI capabilities and driving innovation across various industries.
NEAR and Polygon Partner to Launch zkWASM
NEAR Foundation and Polygon Labs are collaborating on zkWASM, a zero-knowledge prover for WASM blockchains, to enhance interoperability with Ethereum and improve scalability and decentralization.
India’s Crypto Bill Hearing Postponed by Supreme Court
The Indian supreme court has set a new date to hear the crypto case, which was originally scheduled for July 23. The purpose of the hearing was to address the writ petitions against the central bank’s crypto restriction.
The Central Bank of the Republic of Turkey Plans to Launch CBDC in 2023
The Turkish government has submitted the President’s annual plan, which included discussions on the launch of CBDC. The administration plans to launch its country’s CBDC by next year.
Council of Europe Adopts Groundbreaking AI Guidelines for Journalism
The Council of Europe has adopted new guidelines for responsible AI use in journalism, emphasizing human rights and rule of law in the news media sector.
Crypto startup Worldcoin Raises $100m through Token Sales, Worth $3 Billion
Crypto startup Worldcoin is raising $100 million, which owns about $3 Billion worth of cryptocurrency tokens in total, according to the report from The Information.
Mercado Libre Injects Liquidity into Crypto Firms Paxos & 2TM
Mercado Libre, a publicly traded retail giant based in Argentina, has injected an undisclosed sum of money into two regional cryptocurrency-focused firms, Paxos and 2TM Group.
FTX Founder says Hong Kong Could be Top Blockchain Hub in Asia
HKFTW2022: Crypto exchange FTX founder Sam Bankman-Fried said that, unlike the West, although Asia does not have a key web3, blockchain and cryptocurrency hotspot, Hong Kong could emerge as a leader in that sector.
Crypto Entrepreneur Bail Package Revised
The lawyer representing Sam Bankman-Fried in the FTX case is preparing to present a revised bail package to the judge after he expressed concerns about the entrepreneur's use of encrypted-messaging apps and VPN services while on bail.
NYSE Owner Purchases Stake in tZERO
New York Stock Exchange's (NYSE) parent company Intercontinental Exchange Inc (ICE) announced the purchase of a stake in tokenized securities venue tZERO.
May 25: Negative Rates Eating the World (but not Crypto)
Like Chinese ADRs in the US, it's a sea of red for crypto with Bitcoin down more than 5% in the past 48 hours as it fails to hold above 9k & 8.8k where stops got triggered. No news or catalyst but the lack of bulls to follow through was evident through the volume, and perhaps over this long weekend that the usual buyers haven't been able to pile onto their longs.
Crypto-financial Lender Babel Finance Secures $80m in Series B Funding, Valuated up to $2Bn
Hong Kong-based crypto-financial lender Babel Finance has raised $80 million in Series B funding at a valuation of $2 billion.
Amazon and Tech Mahindra to Create Blockchain-Based PPE Supply Chain Solutions
Indian based technology company Tech Mahindra announced today that it has partnered with U.S based e-commerce giant Amazon Web Services (AWS) to deploy blockchain solutions using Amazon’s managed blockchain.
Dual Miners Launches Dual Miners with SHA-256 and Scrypt
Chip design and the manufacturing company Dual Miners announced the launch of SHA-256 and Scrypt, as the first dual-mining machine hardware equipment worldwide, which is expected to be more energy efficient than other algorithms.
Former US Head of Treasury Lawrence Summers Backs Cryptocurrency
In an interview with CEO of the digital currency company Circle —Jeremy Allaire, Former US head of Treasury Lawrence Summers advocates for cryptocurrency’s benefits.
MakerDAO, on the Significance of Multi-Collateral Dai and Dai Savings Rate
In part two of our interview with Gustave Arentoft, Business Development, Dai Speaker, MakerDAO: he shared with us the significance of the launch of multi-collateral DAI and Dai Savings Rate (DSR), as well as his favourite Dapps which integrates DSR.
The Coffee Board of India Views Blockchain-Driven Platform as the Holy Grail
At least 30,000 coffee farmers have signed up for a blockchain-driven electronic-market platform since it was launched by the Coffee Board of India (CBoI) in March
How To Start Trading Cryptocurrency?
The cryptocurrency market is full of pitfalls. It's possible to lose money by storing Bitcoin, buying and selling it, and making transactions on and off the exchange. How to get acquainted with this new type of assets, how to avoid losses and develop your trading skills?
China’s Blockchain Services Network Now Under Major Development Alongside "Digital Fujian" Project in the Province
China’s Blockchain Services Network has been in development in the Fujian province, recently along with its 20 main blockchain projects.
LinkedIn: Blockchain Jobs Skyrocketing in India
According to LinkedIn’s 2020 Emerging Jobs Report, positions, such as blockchain developers, have skyrocketed to unprecedented levels in India. LinkedIn views emerging jobs as tasks that have witnessed incredible demand in a certain region.
Investment Funds for 2020 | Index Funds Centralized Decentralized and the Blockchain
On the outset, this article has been written to put in perspective Index Funds as we know them, which new kind of Index Funds are developing with Cryptocurrencies (Digital Assets) and what developments are taking place in the Global Capital Markets with Blockchain developments.
What’s Different About Cryptocurrencies This Time Around?
Even people who haven’t been paying all that much attention to the markets over the last several months are likely aware that cryptocurrencies are one of, if not the hot investment topic.
DeFi Startup Arch Secures $5m from Seed Round, to Achieve 'BlackRock of Web3'
Arch Finance, a DeFi startup, has acquired $5 million in funding from a seed round, aiming at becoming the "BlackRock of web3."
Frax Finance has voted to fully collateralizing
Frax Finance decided to completely collateralize the $1 billion capitalization Frax stablecoin.
Deepfake Dangers: Michael Saylor Alerts Followers to Emerging Bitcoin Scams
MicroStrategy Chairman Michael Saylor warns of deepfake scams on YouTube, using AI to mimic him promoting Bitcoin giveaways. He stresses the need for vigilance and verification to protect against these sophisticated frauds.
Nearly a third of Women Plan to Buy Crypto in 2022, Says BlockFi
Crypto financial services firm BlockFi has released the third edition of its Real Talk quarterly survey, suggesting one-third of women plan to buy crypto this year.
Close your next big deal at ChainPoint!
The next remarkable blockchain conference - ChainPoint 19, will take place on October 14-15 in Yerevan, Armenia - the innovation powerhouse of the region.
Ripple Official Says Blockchain and Digital Assets like XRP Will Transform The Finance Industry
Ripple's Ken Weber explains how financial inclusion can be achieved with blockchain and digital assets like XRP.
Blockchain Could Potentially Level the Playing Field for Startups and Entrepreneurs
The world of business is growing daily, in an article published by Brad Haddin, a privacy consultant, he pointed out that "there are 150 million startups in the world today with 50 million new startups launching every year.” This means that every day, an average of 137,000 companies have been founded by someone in the world. This number has risen since 2005, which is due to massive globalization and industrialization engaged in by different countries around the world.
Mainstream Adoption of DeFi and DLT Is Coming, It Will Replace Banks, Says US Currency Comptroller
The US acting Comptroller of the Currency disclosed that roles played by banks will soon change due to cryptocurrencies and decentralized finance (DeFi).
Cosmos (ATOM) Community Contemplates Zero Inflation for ATOM Token
Cosmos's StakeLab proposes reducing ATOM's minimum inflation to 0%, aiming to align with other blockchain models and address issues like token overproduction and selling pressure. Nearly 95% of the community supports this significant change.
US Election Results to be Published on the Blockchain
Everipedia, the blockchain-based encyclopedia has teamed up with international newsgroup The Associated Press (AP) for the upcoming US election in November.
Hedera (HBAR) and Algorand (ALGO) Form DeRec Alliance for Decentralized Recovery
Hedera and Algorand ecosystems have united to form the DeRec Alliance, introducing a new standard for simplified and secure digital asset recovery, aiming to revolutionize the Web3 experience.
Child Porn Darknet Sites Surge with Crypto-Payments as Korean Police Hunt "Nth Room" Clientele
The use of cryptocurrencies like Bitcoin and Ethereum has become the preferred payment for internet based human trafficking and depraved services, which include blackmail porn and child sexual exploitation according to forensics firm Chainalysis.
Volvo Cars Invests in London-based Blockchain Firm to Reduce Carbon Dioxide Footprint
Volvo Cars, a leading Swedish car manufacturer, has invested in Circulor, a London-based blockchain company majoring in industrial supply chains. It sealed the deal through its venture capital investment arm called the Volvo Cars Tech Fund.
PwC: Establishing Policies for Blockchain Governance
In a whitepaper published by professional services firm, PricewaterhouseCoopers (PwC), explored the challenges that current distributed ledger technologies (DLTs) face, as well as the strategies that the market is developing to deal with the limitations.
Why Bitcoin Plunged to $42K before Spiking Back to $45K
Elon Musk's tweet on Bitcoin payments being halted at Tesla generated a plunge in Bitcoin's price. The cryptocurrency plummeted to $42K before recovering in price, following Musk's clarification on Tesla's Bitcoin holdings.
Optimism (OP) Earns High Praise from Vitalik Buterin for $100M Public Goods Initiative
Ethereum Co-Founder Vitalik Buterin praised Optimism for distributing over $100 million in RetroPGF Round 3, emphasizing its role in funding public goods and supporting the Ethereum ecosystem.
Microsoft Researchers Introduce CodeOcean and WaveCode
Microsoft researchers introduce WaveCoder and CodeOcean, pioneering code language model instruction tuning. WaveCoder excels in diverse code tasks, outperforming open-source models. CodeOcean's 20,000 instruction instances enhance model generalization.
Leading Vietnamese Bank Joins RippleNet to Boost Cross-Border Remittances
Orient Commercial Joint Stock Bank (OCB), a large Vietnamese bank with assets worth $4.6 billion, has joined RippleNet as a strategic partner after a 10-month wait.
The DeFi Smart Contract Automation Network Gelato Raised $11M in its Series A Funding
Gelato, a smart contract automation network focused on the Defi sector, announced that it has raised $11 million led by Dragonfly Capital in its Series A financing.
Aptos Token Price Surged over 30% following First Week of Trading
The price surge is driven by three major factors: negative funding rates, VC support, and the market's recovery.
Eastern Asia’s Crypto Market Growth Halts, China's Crypto Transaction Volume Drops by 31% YoY
Eastern Asia's crypto growth came to a near standstill since last year triggered China crackdowns.
Singapore Air Charter Embraces Cryptocurrency and Flexible Payment Options
Singapore Air Charter introduces flexible instalment plans and cryptocurrency payments, enhancing accessibility to its premium aviation services as of August 16, 2023.
CFTC Receives DeFi Crash Course
Crypto executives provided a DeFi crash course to the CFTC during their first Technology Advisory Committee meeting. Topics included blockchain technology, decentralization, digital identity, and exploits and vulnerabilities.
Ripple says XRP Can Be Used as a Bridge Currency for CBDCs, Will This Push XRP Higher?
Ripple released a new whitepaper that depicted XRP's utility as a bridge currency for CBDCs. XRP has broken through the key level of $0.50. What should be expected of the cryptocurrency in the short term?
Virginia Proposes Regulatory Framework for Digital Asset Mining and Transactions
Virginia Senate Bill No. 339, introduced by Senator Salim, aims to regulate digital asset mining and transactions, exempting businesses from certain licenses and providing tax benefits for digital asset exchanges.
Japan's Financial Giant SBI Group to Shut Down Crypto Mining Operations in Russia
Japanese financial giant SBI Group announced that it will shut down its crypto mining operations in the entire country of Russia.
Steemit & Dtube: Social Networking, Blogging, and Video Sharing in the Blockchain Era
Steemit and Dtube allow users to be rewarded for sharing content. These social media networks are decentralized and censorship-resistant.
Crypto Payments Ranks as Top Suggestion to Airbnb, Customers Request Better Service
Airbnb’s Co-Founder and Chief Executive Officer, Brain Chesky, said followers are asking the company for integrating digital currency payments ranks as the top suggestion.
Thailand Waives Taxes on Investment Tokens
Thailand's cabinet has agreed to waive corporate income tax and VAT for companies issuing investment tokens, encouraging alternative capital raising in addition to conventional methods. The government hopes to generate 128 billion Thai baht from investment token offerings over the next two years.
LocalBitcoins warns Tor Browser Users of Potential Bitcoin Theft
LocalBitcoins, a Finnish crypto exchange, recently warned its users about the potential cybersecurity risks connected to the anonymous browser—Tor Browser.
OKEx Allows Traders to Purchase Tether through Brazilian Reals via PIX
OKEx exchange officially announced establishing a strategic partnership with CuboPay, a local payment processor in Brazil. Exchange users are now allowed to use Brazilian real through PIX in exchange for Tether purchases.
Ripple’s Token Outperforms Bitcoin and Ethereum, Why XRP Price Surged 110% in a Week
Ripple has emerged from the shadows, with its bull run that saw its XRP token more than double in price within a week span.
Google Ads Used in $4M Crypto Phishing Scam
Scammers have stolen over $4 million in cryptocurrency from users falling for phishing websites promoted on Google Ads, according to blockchain analytics by ScamSniffer. The fraudulent websites prompt wallet login signature requests that compromise users’ addresses, and have targeted decentralized finance protocols, websites and brands. Metadata from some of the phishing websites has been linked to advertisers in Ukraine and Canada, who bypass Google’s ad review process by manipulating the Google Click ID parameter and using anti-debugging methods. ScamSniffer estimates that scammers spent around $15,000 on advertising which provided a return on their investments of 276%, given the $4 million stolen to date.
AI-Generated Artwork Not Eligible for Copyright, US District Judge Rules
US District Judge Beryl A. Howell rules AI-generated artwork can't be copyrighted. Stephen Thaler's request for his AI-created image denied, emphasizing human authorship in copyright law
Microsoft Azure Cloud Solution Architect Lead Explains the Keys to Success for Blockchain Developers
The Microsoft Azure Blockchain Service is an enterprise service aiming to help businesses build applications on top of blockchain technology. The service is integrated with Azure Active Directory and offers tools such as adding new members, setting permissions, and monitoring the network and activity. Blockchain.News interviewed Saranya Sriram, the Head Cloud Solution Architect at Microsoft Azure, to find out more about the platform.
Google Struggles with Ad Revenue as Crypto Firms Reduce Spending
Alphabet said that reduced ad spending by crypto companies has hurt Google's revenue growth during the third quarter of 2022.
Hong Kong Blockchain Week 2020: Setting DeFi and Blockchain Trends for 2021
During a week-long virtual event, speakers from institutions, businesses, regulatory bodies, innovative companies will evaluate the outcomes of 2020 for blockchain, technology and economy, and deliver valuable predictions about what will be trending in the nearest future.
4 Reasons Why Bitcoin Surged to $58,000
The Bitcoin price has shown green bullish candlesticks for the past 7 trading days. There are four reasons that can serve to explain why BTC's price is surging.
The Old World. What is going on with Digital Assets in Europe?
Europe is an enormous market of more than half a billion people. As small amounts up to 8 million euros may be raised without registration of the offering, it is a very attractive market for international projects looking to reach new investors for their security token offering.
Philippines Central Bank Considering Issuing its own CBDC
The Central Bank of the Philippines has inaugurated a committee to understudy CBDCs based on technical feasibility and policy implications
Over 1,100 Suspects Arrested in China on Crypto-related Crimes
China took joint national actions to arrest more than 1,100 suspects involving committing crimes by conducting cryptocurrencies unlawful trading.
Global Crypto Payment App Industry Value to Hit $2.15 Billion by 2030
The surging adoption of blockchain technology is expected to enhance the market size of the worldwide cryptocurrency payments app sector to a value of $2.15 billion by 2030, data shows.
Foreign Exchange Service Firm Midpoint Completes Acquisition of Blockchain World
UK-based Midpoint Holdings Ltd, an international payments and peer-to-peer foreign exchange service company, announced that it had completed the acquisition of Blockchain World Ltd.
Fake Arbitrum Airdrop Scam Circulated on Discord
Hackers dropped a phishing link into Arbitrum's Discord server, offering the opportunity to re-claim additional stake in Arbitrum DAO Governance. The link prompted unsuspecting victims to enter personal information, leading to a potential scam. Investors are advised against interacting with the announcement until further clarification from Arbitrum.
Blockchain-Based Startups Empower Individuals to Identify Fake News
The fight against misinformation is just starting. Yet startups like Blackbird.AI and Civil are making it easier for Internet readers to identify and discount fake and misleading news. Find out more >
No Significant Risk Exposure to FTX or FTT, Says Coinbase CEO
Coinbase CEO Brian Armstrong tweeted that Coinbase has no significant exposure to FTX and its platform currency FTT, as well as Alameda's exposure.
Auto Giants Consortium MOBI Reveals First Blockchain-based EVGI Standard
MOBI, A blockchain initiative for the electric automobile industry, backed by auto giants Honda and General Motors debuted a blockchain standard for EV charging
Franklin Templeton to Enable Money Fund Shares on Stellar Network
Global investment fund Franklin Templeton Investments filed a preliminary prospectus with the United States Securities and Exchange Commission (SEC) for a money market fund where shares would be recorded and tokenized on the Stellar Network.
Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds
Los Angeles-based digital asset investment firm Arca has launched trading for its new digitized security investment product that runs on the Ethereum blockchain.
Singaporean Company Launches World’s First Blockchain-Enabled Carbon Trading Exchange
AirCarbon Pte, a Singaporean exempt private company, has established the first-ever blockchain-powered carbon trading exchange (CTX) that will permit corporate buyers and airlines to sell and purchase tokens subsidized by carbon offset credits.
Binance to Delist ARPA/BNB, COMP/TUSD, EDU/BNB and PENDLE/TUSD
Binance is set to remove a select number of trading pairs from its platform on March 15, 2024, citing low liquidity and volume as the primary reasons.
Tron's Total Active Accounts Surpass 25 Million, Is TRX Undervalued?
Tron has attained a huge milestone with the total number of accounts on the protocol surpassing 25 million.
DEVITA Goes Live on Polygon for Equitable Healthcare and Speedy Data Transmission
To maximize healthcare operations and processes through the latest innovations in NFT and decentralized identification (DID) technologies, DEVITA has joined the Polygon network.
CleanSpark Buys 20000 New Bitcoin Miners to Boost
CleanSpark bought 20,000 Antminer S19j Pro+ devices for $32.3 million to increase its mining capacity.
Exclusive: Deloitte Blockchain Lab on the Three Areas of Collaborations with HKMA
We were delighted to interview Dr. Paul Sin, leader of the Deloitte Asia Pacific Blockchain Lab, who shared with us its development goals and the collaborations with HKMA across the Greater Bay Area and Europe.
KFC Opts for Blockchain-Based Media Buying and Digital Advertisements for its Middle East Customers
KFC, a leading American fast food chain, seeks to change the face of the quick-service restaurant (QSR) sector by establishing a blockchain platform in the Middle East for more transparent and efficient media buying and digital advertisements.
Animoca Brands and Lympo partner with Play Magnus Group on chess-inspired blockchain game “Anichess”
Animoca Brands and its subsidiary Lympo, a leading global sports NFT ecosystem, announced today that they are developing Anichess in partnership with Play Magnus Group (PMG), a global leader in the chess industry that offers entertainment and e-learning services via its chess market brands. Anichess is a blockchain-based chess game with a play-and-earn ecosystem, and when it launches in 2023 it will merge the worlds of chess and GameFi to create superior gaming experiences.
Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain
The largest U.S. public pension fund, CalPERS increased its stake in RIOT Blockchain (RIOT), a Bitcoin mining firm, during Bitcoin’s sensational price surge at the end of 2020.
Non-Zero BTC Addresses See Steep Climb amid $42K Emerging as Significant Support
More participants are joining the Bitcoin (BTC) ecosystem based on a sharp increase in non-zero addresses.
EOS Foundation Signs MoU with Busan City to Boost Blockchain Investments
Following its recent partnership with crypto exchanges such as Binance, FTX, and Huobi to help develop the blockchain infrastructure in the city and the country, Busan, a city in South Korea, has now signed a memorandum of understanding (MoU) with not-for-profit organization, EOS Network Foundation.
New Art Landscape of NFT Shaping in Hong Kong
【Feature】Although Hong Kong's art scene is already booming lucratively with galleries and auction houses showcasing world-class art pieces, the city is on its way to adding another milestone on its journey with non-fungible tokens (NFTs).
Bored Ape Yacht Club wins legal battle, Mandala Metaverse selects Polkadot, Square Enix partners with Elixir Games, and Cricket Stars launches on Tezos
Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) NFT collection, have won a legal battle against Ryder Ripps and Jeremy Cahen, the creators of the RR/BAYC NFT collection. Mandala Metaverse has chosen Polkadot to host its first major NFT drop, called the "Cryptonauts". Square Enix has partnered with Elixir Games to bring blockchain gaming to the mainstream. Cricket Stars, a multiplayer NFT cricket strategy game, has been launched on the Tezos blockchain.
Bill Gates Confused by Trump’s Terms for Microsoft TikTok Deal, Twitter Reportedly Joins Race
Microsoft may be entering the social media ecosystem should they acquire TikTok, in a deal that Bill Gates is calling a poisoned chalice. Meanwhile, Twitter is now rumored to be in talks with ByteDance—TikTok’s parent company—to potentially reclaim their old video Vines territory.
Justin Sun's $60 Million Crypto Exodus from Binance: Analyzing Market Implications
Tron founder Justin Sun has withdrawn $60M in cryptocurrencies from Binance since December 2023, including major assets like Ethereum and Shiba Inu, sparking market speculation.
Elizabeth Warren Wants SEC to Double Down on Crypto Enforcement
Warren wants the SEC to "double down" on crypto enforcement. The U.S. senator said that the previous SEC administration "basically gave the green light" to a cryptocurrency market "full with trash tokens".
MUFG Seeks Seamless Automatic Securities Settlement via Blockchain
MUFG (Mitsubishi UFJ Financial Group), one of Japan’s biggest banking institutions, has announced the establishment of an ST (Security Token) Research Consortium intended at protecting investors’ rights, as well as offering fund settlement and seamless automatic securities settlement via blockchain.
Celsius Says Bitcoin Mining Key to Restructuring Efforts, Repaying Debts
Celsius Network received approval from a U.S. bankruptcy judge to spend $3.7 million in construction costs at a new bitcoin mining facility to generate 'revenue' to repay their creditors.
What are the Roles of Microsoft Azure and Amazon Web Services in BMW Group's Blockchain Pilot?
BMW Group, a famous global premium manufacturer of motorcycles and automobiles, seeks to expand its pilot blockchain project, dubbed PartChain, to its international supply chains that are enshrined in complexity. Blockchain technology will be instrumental in propelling the traceability and transparency of crucial raw materials and parts as it will ease data sharing.
Pro-Russian Group Raises $400K in Crypto to Support Russian Military Actions
Pro-Russian groups are raising funds through cryptocurrencies to support Russian military operations as the Russian-Ukrainian war continues.
FTX Proposes Joint Proposal to Bailout Bankrupt Voyager's Customers
FTX has announced a joint plan that seeks to see Voyager digital customers immediately receive some of their funds. The proposal expects Voyager to continue pursuing Three Arrows Capital for additional recoveries.
Canadian Court Extends Rare Order, Freezes up to $20M in crypto to 'Freedom Convoy'
In Canada, Ontario Superior Court has ordered to freeze millions of dollars and cryptocurrencies linked to organizers of the Ottawa 'Freedom Convoy' protest by obtaining a so-called Mareva injunction.
SludgeFeed Joins Hands with OpenSea for Seamless Adoption of Blockchain Gaming
SludgeFeed, a platform in the blockchain gaming sector, has collaborated with OpenSea, a notable digital marketplace for crypto collectibles, to propel the adoption of blockchain gaming by presenting relevant items on its structure.
Cyberport: The Key Indicators for Startup Success in the FinTech and Blockchain Industry
Backed by the Hong Kong Special Administrative Region (HKSAR), Cyberport has the vision to be the hub for digital technology for Hong Kong. With its headquarters located in the south of Hong Kong Island, Cyberport is spearheading Hong Kong’s FinTech development. Blockchain.News met with Charles Lam, the senior manager of the FinTech and Blockchain Cluster at Cyberport; he explained to us the current FinTech and blockchain ecosystem in Cyberport and how it connects to the global FinTech network.
Uniswap Price Upward Pressure Remains amid Robinhood Listing
American trading platform Robinhood announced the official listing of Uniswap’s native UNI token in its crypto sector on July 14. The uni token has recovered somewhat, but upward pressure remains.
Exclusive: Does Forking Mechanism Allow for a Better Blockchain Governance Model?
Nathan Kaiser, Chairperson of the Cardano Foundation and a long-time lawyer in the technology sector, shares his views on the crypto regulatory issues in different jurisdictions and blockchain governance. In particular, Nathan examines whether forking mechanism allows for a better blockchain governance and the reason why “blockchain governance = community governance”.
Luxury Miami Condominium Arte Now Accepts Bitcoin and Ethereum as a Form of Payment
Arte by Antonio Citterio, a high-end luxury condominium located in Miami, announced to accept cryptocurrency as a payment method for luxury residences and developments.
West Ham United Inks Deal with Fetch.ai, Harnessing the Power of AI & Blockchain
As an artificial intelligence (AI) and machine learning-based blockchain platform, Fetch.ai will improve business and day-to-day activities at West Ham United.
Multichain CEO's Arrest Triggers Operational Freeze
In a series of unfortunate events, the Multichain protocol, a cross-chain router protocol, has been left in a state of uncertainty following the arrest of its CEO, Zhaojun, on May 21, 2023. The arrest led to a series of operational disruptions, including the revocation of operational access keys to the Multichain's MPC node servers, which were under Zhaojun's personal control.
South Korea to Delay 20% Capital Gains Tax on Digital Asset Investments until Jan 2025
Before levying income taxes on virtual assets, South Korean lawmakers have called for the government to prepare for effective implementation of new rules.
Visa Card Holders Spend Over $1B in Crypto in the First Half of 2021
More than $1 billion worth of crypto have spent in the first six months this year by consumers globally, Visa announced Wednesday. The company said the amount it spent on goods and services by using its crypto-linked cards primarily.
SEC Warns of Risks of Investing in Bitcoin Futures for Mutual Funds
The SEC issued an official statement to warn investors of the risks of Bitcoin futures investment in mutual funds.
Blockchain Security Firm Halborn Secures $90m in Series A Funding
Blockchain security firm Halborn has secured $90 million in Series A funding. However, the valuation of the Miami-based company has not been disclosed.
Binance Creates $1B Insurance Fund for Users Against Hacks
According to Bloomberg, the world's largest cryptocurrency exchange Binance has set up a $1 billion insurance fund for customers to double-protect the platform from hacking attacks.
Darknet Marketplace Empire Alleged to Have Exit Scammed with $30 Million Worth of Bitcoin
Darknet digital marketplace Empire Market appears to have exit scammed and made off with a hefty profit of 2,638 Bitcoin (BTC).
Ticketmaster Partners with Flow Blockchain to Mint Live Event Ticket NFTs
American ticketing company Ticketmaster announced that it will enhance the fan event experience through digital collectable NFTs, and will mint ticket NFTs for selected events on Dapper Labs' Flow blockchain, providing users with a new experience.
Welcoming the Future of Finance with Blockchain
Blockchain is not limited to creating cryptocurrencies like Bitcoin. In fact, it has the potential to entirely remodel every industry out there, including the financial institutions.
FC Barcelona Partners With Ownix to Create NFTs
FC Barcelona will start auctioning off Non Fungible Tokens (NFTs) based on photos videos featuring iconic moments from the club’s history available to fans.
Huobi COO Reportedly Under Investigation, with $400M Sent to Crypto Exchange
According to Chinese Media, crypto exchange Huobi Chief Operating Officer (COO) Robin Zhu was under investigation by the Chinese police.
Bitcoin's Future Looks Bright as Kanye West Decides to Run for President 2020
On July 4th, Kanye West expressed his wishes to run for President in the 2020 presidential race. This is exciting news for Bitcoin, as Kanye has on several occasions expressed his support for the cryptocurrency.
Moonstone Bank to Exit Crypto Space
FTX's collapse may have damaged Farmington State Bank. Jean Chalopin, the Bahamas-based chairman of Deltec, another FTX banking partner, bought Moonstone Bank in 2020.
Hardware Wallet Trezor Adds Crypto Purchase Service via MoonPay
Hardware wallet company Trezor on Wednesday partnered with Crypto payments company MoonPay to integrate the ability to buy cryptocurrencies.
Blockchain-Powered Farm to Plate Portal to Mitigate Recalls
Farm to Plate, a blockchain-enabled provenance tracking portal by Paramount Software Solutions, is set to address the challenge of recalls witnessed in the food & beverage sector.
Bitcoin Miners Move 54,000 BTC to Binance as Liquidity Drops
Recently, significant Bitcoin transactions have been observed in the market. According to Ki Young Ju, the CEO of CryptoQuant, Bitcoin miners have reportedly transferred a whopping 54,000 BTC to Binance over the last three weeks.
Risk Assurance Group and Telecom Analytics Provider Combat Fraud with Blockchain
Subex, a notable telecom analytics solution provider, has partnered with the Risk & Assurance Group (RAG) for blockchain-enabled fraud management solutions.
Nomura's Laser Digital Launches Ethereum Adoption Fund for Institutional Investors
Nomura's Laser Digital has launched an Ethereum Adoption Fund, focusing on institutional investors, with a strategy involving staking and regulated custody, aiming to increase institutional engagement in Ethereum investments.
Fifth Belt and Road Summit draws to successful close
The fifth Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), drew to a successful close today. In response to the COVID-19 pandemic, this year’s summit was changed to an online broadcast. With the new virtual platform helping to overcome geographical boundaries, more than 6,000 participants from about 80 countries and regions attended the event.
Google Finance Pushes Crypto Further into Mainstream with Bitcoin, ETH, LTC Tabs
Crypto prices may be falling but mainstream interest is certainly rising as Google Finance adds a dedicated "Crypto" tab to monitor Bitcoin, Ether, Litecoin, and Bitcoin Cash.
Bank of Canada Says CBDCs Have Inherent Risks in New Study
A new report released by the Bank of Canada has revealed that the bank believes Central Bank Digital Currencies can pose security risks to users
Hacked Crypto Exchange KuCoin Back In Business With Crypto Deposit and Withdrawals
Following the hack of its platform resulting in a reported loss of over $150 million, KuCoin exchange is back in business after completing some wallet upgrades
US Democrats Propose Distributing Covid-19 Stimulus Payments Through Digital Dollars to Unbanked Citizens
As markets across the globe continue to feel the crunch of economic disruption caused by the coronavirus pandemic, debate has raged over a massive stimulus package being proposed in the US which could see the IRS send up to $2000 a month to all US citizens until the recession takes a turn for the better.
Polygon Labs Announces Downsizing, Cuts 19% of Workforce
Polygon Labs has laid off 19% of its team, reducing operational efficiency. CEO Marc Boiron emphasized the decision for agility in the blockchain sector. The company also announced a 15% compensation increase and Polygon ID project spin-off.
SHIB Beats DOGE, Leaping at No. 9 Ranking of Market Value
Shiba Inu now ranks No. 9 with a market value of over $38 billion, beating Dogecoin which ranks No. 10.
Barred from Leaving China? Tron Founder Justin Sun Surfaces in San Francisco
Justin Sun was on the border control list by the Chinese government that can restrict him from travelling abroad due to alleged illegal fundraising, money laundering, gambling and involvement in pornography according to Caixin. However, on a live video broadcast on Justin Sun’s Twitter, he shows the Bay Bridge in the background, which meant he appeared to be in San Francisco.
$790 Million Worth of Ethereum Options Will Expire Today
$790 million Ethereum options will expire today, providing speculators with the last opportunity to buy or sell Ethereum (ETH) at a predetermined price.
Ethereum Stands at the Forefront of Web 3.0 Development, Attracting Over 700 Developers to Join Monthly
As the leading decentralized finance (DeFi) ecosystem, Ethereum (ETH) constantly draws between 20% to 25% of developers eyeing Web 3.0.
Dubai Regulator Establishes Virtual HQ in the Sandbox Metaverse
Dubai is committed to growing the domestic digital asset sector, a local crypto regulator announced on Tuesday that it has created a virtual headquarters in The Sandbox metaverse platform.
Mastercard Blockchain to Trace Produce for the Largest American Food Group
Mastercard is collaborating with Envisible, a supply-chain company, to allow the traceability of the origin of food products via Mastercard's blockchain-based Provenance Solution.
Ethereum Futures Open Interest Hit an ATH Amid $1B Being Locked in ETH Layer Two
Open interest in the Ethereum (ETH) network has been experiencing an uptick, leading to a record high.
Best Before: 26 June 2020
What's going to be interesting is BTC options expiry as close to $1bn of open interest (or more than 100k BTC options) will set to expire today. Some have asked if we are gonna see any impact, I actually see little as most of the OI are skewed towards 10k and beyond, so I see little gamma action into the close as these calls are likely to expire worthless.
Minima Launches Innovation Challenge Campaign Compeition
Minima, an ultra-lean blockchain network, launched an innovation challenge to spur more growth in its ecosystem.
Unstoppable Domains and Chainlink Introduce Twitter Verification for Crypto Payments
Unstoppable Domains and Chainlink, the secure oracle network, have launched a Twitter authentication service for .crypto addresses.
Solana Elbows Tether to 4th Position amid NFT Secondary Sales Clocking $500M
Days after flipping Cardano (ADA) to become the fifth top cryptocurrency, Solana (SOL) is not relenting in its quest to scale the heights because it has dethroned Tether (USDT) at the fourth position.
Metaverse's MANA Token Price Leaps after Facebook Rebrand to Meta
The price of MANA token, a cryptocurrency that can be used in a metaverse has leapt 164% in 12 hours.
The Nascent Primary Market of Security Token Offerings
Now that the ICO market bubble ebbed away security token offerings (STOs) have emerged, allowing investment in regulated securities recorded on a blockchain according to new research from the Oxford Faculty of Law
Nestle Partners with Carrefour To Track Origin of Baby Milk Products Using Blockchain
The adoption of blockchain has great impacts on supply chain management and all activities related to the production processes of an organization. The latest news indicates that Nestle and Carrefour have partnered to track the supply chain of baby milk products using blockchain.
Stellar Lumens: FinCEN Regulatory Proposal May Have “Far-Reaching Consequences for Blockchain and Crypto”
Much like many in the blockchain and cryptocurrency industry, Stellar Lumens has taken up FinCEN on its request for comment for its proposed crypto rule.
Indian film studio Zee Studios has Partnered with Nftically to Launch the First NFT Drop on Polygon Blockchain
Indian film studio Zee Studios announced that it has partnered with the Software as a Service (SaaS) platform Nftically to launch its first-ever NFT drop on Polygon blockchain.
Bitfinex Tackles Phishing Incident: No Customer Funds Affected
Bitfinex has resolved a phishing incident causing partial customer information exposure, confirming no loss of funds or sensitive data compromise, and ensuring ongoing security measures.
BlockFi to Relaunch Yield Bearing Product in the US After SEC Settlement
Months after settling with the SEC, BlockFi has now re-introduced its yield product
Bitcoin Rallies As Tether FUD Clears and Square Reveals $170 M Purchase, But BTC Downtrend Not Over
The Bitcoin price has rallied as the Tether FUD clears and Square revealed an additional $170 million BTC purchase, however, analysis reveals the BTC downtrend is not over.
What You Need to Know About Jae Kwon’s Cosmos (ATOM) Blockchain
The blockchain network Cosmos is unlike any other that has been created so far, offering interoperable solutions across many digital decentralized protocols.
Marathon Digital Releases Q1Result, Generating 1,259 BTC with YoY Increase of 556%
Marathon Digital Holdings, Inc, one of the largest bitcoin mining companies in North America, announced that its bitcoin production output increased by 556% year-over-year to 1,259 BTC for the first quarter of 2022.
PwC Report Shows that Crypto Hedge Funds Have Increasing Appetite for DeFi
A study shows that the assets under management (AuM) managed by cryptocurrency hedge funds have increased from $2 billion in 2019 to nearly $3.8 billion in 2020, showing that an increasing preference for decentralized finance (DeFi).
Asia Crucial to Web3 Gaming Industry
A report by DappRadar highlighted the importance of Asia in the Web3 gaming industry, due to the region's majority share of gamers and gaming revenue, as well as its high interest in blockchain technology. While China prohibits gaming companies from integrating blockchain technology, Japan and South Korea are leading the way in adopting blockchain technology in gaming.
Why Multicoin Capital Invested $5.7M in Squads Labs
Multicoin Capital discloses a $5.7 million investment in Squads Labs, bolstering the multisig standard on Solana. The funding accelerates Squads' blockchain-native custody infrastructure, spotlighting major upgrades like SquadsX and Squads (v4), which are set to redefine self-custody and on-chain capital coordination.
Samsung Galaxy S24 Unveils Live Translate for Seamless Multilingual Calls
Samsung introduces Live Translate on the Galaxy S24 series, enabling real-time translation during calls across various languages. This innovative feature, compatible with both Galaxy and non-Galaxy phones, is designed to break down language barriers, making communication more accessible and inclusive.
Recap on 2019 Blockchain Use Cases: Who Got Off the Ground?
A quick look at some of the most exciting blockchain use-cases of 2019.
Kickstarter's New Company Will Run on Blockchain Tech by 2022
Crowdfunding platform Kickstarter plans to unveil a standalone company to build a crowdfunding system based on blockchain technology.
MicroStrategy Q3 2023: 158,400 Bitcoin Holdings at $29,586 per BTC
MicroStrategy Incorporated reveals Q3 2023 financial results, highlighting continuous acquisition of bitcoin and AI software launch. The company's bitcoin holdings now stand at 158,400 with a total cost of $4.69 billion. Software Licenses and Subscription Services Revenues observed notable growth, indicating a positive trajectory in its business intelligence domain.
DeFi Protocol Morpho Labs Raises $18m
DeFi protocol Morpho Labs has secured an $18 million funding round co-led by Andreessen Horowitz (a16z) and Variant.
Shift Robotics Moonwalkers AI Skates: A Leap in Worker Productivity at CES 2024
Shift Robotics' Moonwalkers AI skates, a feature at CES 2024, significantly improve workplace efficiency by doubling walking speed.
Crypto Exchange Coinmetro Successfully Raises $7M
Crypto exchange Coinmetro has successfully raised $7 million in funding in a round backed by three angel investors and hundred shareholders.
Ruffer Cashes Out Over $1 Billion Profits from Bitcoin Investment to Conservative Assets
Ruffer, a UK-headquartered asset management company, stated that the company started investing in bitcoin in November last year, and now it has similarly quickly made a profit of $1.1 billion from this encrypted digital currency.
Bitcoin Mining Revenue Reaches a 2020 Yearly High of $21 Million per Day
Bitcoin (BTC) mining revenue has hit a new 2020 record, with $21 million per day earned on November 18.
EY Unveils AI Platform EY.ai After a US$1.4 Billion Investment
EY has launched EY.ai, a platform integrating artificial intelligence (AI) into businesses. The 18-month development process and $1.4 billion investment have enabled the integration of AI into EY Fabric, a proprietary EY technology used by 60,000 clients and 1.5 million unique users. EY.ai will also introduce tailored AI learning programs for its workforce. The platform will be anchored by AI-powered tools and services, including the EY.ai Confidence Index and EY.ai Value Accelerator.
Japanese Multinational’s Blockchain App Taps India’s Tech Talent Pool Neglected By Trump’s Visa Ban
NEC Corporation, a Japanese multinational information technology and electronics company, has partnered Persol Career, a job-hunting firm, to pilot its blockchain app to help corporate Japan recruit Indian tech engineers. Nearly 2000 Indians are expected to be hired via the app in the next three years,
Ernst & Young’s Blockchain Technology to Create NFTs for Award-Winning Italian Film
Big-four accounting and auditing firm Ernst & Young’s blockchain-as-a-service dubbed EY OpsChain will create NFTs for the award-winning Italian film La Leggenda Di Kaspar Hauser.
Tesla Stock and Bitcoin Rebound with S&P 500, But Bitcoin Price and Crypto Crash Still Predicted
Tesla and Bitcoin’s price have both surged in the last 24 hours, however, chart analysis indicates that a Bitcoin price crash still looms for September.
Ukraine Ranks Second of Crypto Adopters following Legalization: Report
Eastern European nation Ukraine has been ranked as the second nation with the overall adoption of digital currencies, following only the US in a recent survey report released by Merchant Machine.
SEC Commissioner Expresses Dissent on LBRY Case Outcome
SEC Commissioner Hester M. Peirce criticizes the commission's enforcement action against blockchain firm LBRY, Inc., highlighting the case as an example of regulatory overreach that stifles innovation and fails to adequately protect investors. Amidst ongoing legal actions against crypto enterprises, Peirce's dissent underscores the need for a balanced regulatory approach to foster innovation and investor protection in the blockchain and crypto sectors.
Alibaba’s Plan to Digitize the Services Industry to Rival Tencent Involves Blockchain
Alibaba subsidiary Ant Group CEO Simon Hu is accelerating Alipay’s progression into an online mall for commerce, food, travel services to rival Tencent Holdings Ltd.
Blockstack Breaks New Ground with Proof of Transfer (PoX) Consensus Mechanism, like PoS Without the Risk
Blockstack recently released a white paper for a new blockchain consensus mechanism called Proof of Transfer (PoX). The mechanism is for blockchains piggybacking off the Bitcoin blockchain or other PoW networks, and would require miners to commit BTC to secure the block rather than proof of work.
Coinbase is Safest Crypto Exchange Overall: BrokerChooser
On a scale of 5, Coinbase received 4.1 for the overall safety score. The exchange was also ranked as a tier 1 for other sub-categories.
What Is a Decentralized Exchange (DEX)？
DEX is a blockchain-based exchange that allows people to directly exchange encrypted tokens with each other.
ENS Launches EVM Gateway, Enhancing Interoperability Between L1 and L2 Chains
ENS Domains introduces the EVM Gateway, an open-source platform enhancing interoperability between L1 and L2 chains, promoting a more connected and efficient blockchain ecosystem.
Kazakhstan to Secure $700 Million Funds to Boost its Bitcoin and Crypto Mining Projects
Kazakhstan's government is trying to secure a $700 million investment and reports that it is on track with its crypto mining farm project.
Ethereum Layer-2 Offchain Labs Raises $120M Led by Lightspeed Venture Partners
Offchain labs raised $120 million led by Lightspeed Venture Partners in its Series B financing Tuesday, aiming to expand Ethereum contracts to meet the growing demand for Ethereum transactions.
OKX and Manchester City Captain İlkay Gündoğan Launch Football Masterclass in the Metaverse
OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today launched “Make Your Play”, an immersive metaverse experience in which fans can attend an exclusive tactical football masterclass from Manchester City captain İlkay Gündoğan.
HK-based Ucollex Raises $10M in Funding, Led by Animoca Brands
NFT platform Ucollex closed a $10 million Series A funding round led by Animoca Brands and the MCP IPX One Fund from Japanese investment firm MCP Asset Management.
First Chinese State-Backed Blockchain Firm "Tainted" the Nation's Image Due to the Export of Faulty COVID-19 Medical Supplies
Tus Data Asset, a blockchain firm based in Beijing, has been banned by the Chinese government from exporting medical supplies to other countries during the coronavirus pandemic.
HSBC Successfully Executes First Blockchain Letter of Credit in Malaysia
HSBC announced its successful execution of a pilot live blockchain letter of credit (LC) transaction in Malaysia on Oct. 14.
Coinbase's Base Bootcamp Launches to Address Onchain Developer Shortage
Base, an Ethereum layer-2 network, has announced the launch of Base Bootcamp, an eight-week, cohort-based program aimed at transforming experienced software developers into smart contract developers. The initiative comes as the blockchain industry faces a significant talent gap, with fewer than 30,000 onchain developers compared to nearly 30 million traditional software developers.
The Use of Blockchain in the Film Industry
Fuzzy Head, which was crowdfunded through Untold.io's nonfungible tokens, will debut at Slamdance Film Festival (NFTs). NFTs helped Russel Crowe's Prizefighter film in 2022.
Ethereum Supply in Smart Contracts Hits ATH of 28%
Ethereum’s demand in smart contracts continues to scale the heights.
Interest Rise among Investors towards US Startups as China sees Crypto Crackdown
Since the crackdown of cryptocurrencies in China earlier this year, more crypto and blockchain startups in the U.S. than in Asia are receiving support from venture investors for the first time in four years.
Carbon Offsetting for Blockchains & Beyond: Regen Network Launches Carbon Marketplace
Regen Network Development released its marketplace application for tokenized carbon and ecological assets, Regen Marketplace. Regen Network allows carbon project developers to originate high-quality nature-based carbon credits to markets, catalyzing regenerative finance solutions to the climate crisis. Regen Marketplace takes advantage of Regen Ledger, the application-specific blockchain which brings transparency and public governance to voluntary carbon markets, built on the CosmosSDK.
Finality: A Necessary Condition for Blockchain Applications in Finance
Settlement finality is critical in the world of traditional finance. The same applies to decentralized finance built on distributed ledger technologies (DLT).
Solana's Wallet Phantom has Secured a $109M Series B Investment Led by Paradigm
Solana’s wallet Phantom has secured a $109 million Series B investment led by cryptocurrency firm Paradigm.
OpenSea CFO Resigns Less Than One Year After Joining
Opensea Chief Financial Officer Brian Roberts resigns from the NFT marketplace company and says he is still staying as an ‘advisor’ to the company.
AI's Rising Impact on Job Market: more position replaced especially for stem studentss
A survey of 9,388 engineers reveals growing job security concerns amid AI advancements. With 90% finding it harder to secure jobs and companies favoring AI skills, the tech industry faces a pivotal shift in employment and education.
Animoca Brands to Halt Trading Services to Russian Users
Animoca Brands said it would stop trading services to Russian users is in response to sanctions being imposed on Russia.
Polkadot (DOT) Price Analysis – March 16,2021
Polkadot (DOT) is currently the sixth-leading cryptocurrency with a market cap of around $31,766,980,598 and trading at $34.37 at the time of writing.
Ethereum Mining Difficulty Has Reached an ATH
Ethereum, the second-largest cryptocurrency by market capitalization has attained a new mining difficulty all-time high of 4,745,167,085,193,270.
IOTA Creates Payment System Compatible With Any App or Game
A developer has revealed that IOTA, a distributed ledger protocol created by the IOTA Foundation, has been integrated into a payment system, which can be utilized in any app or game. Expressly, it functions seamlessly on all platforms, cush as Xbox one, WebAbb, Windows, Android, Playstation 4, Linux, and iOS, among others.
Bakkt Joins Unchained's Network for Enhanced Crypto Custody Solutions
Bakkt Holdings, Inc. has joined Unchained’s collaborative custody network, offering increased security and regulated custody for bitcoin assets.
Bitcoin Miner Gryphon Announces the Purchase of 7.2K Antminers S19J Pro from Bitmain for $48M
The bitcoin mining company Gryphon Digital Mining announced that it has purchased 7,200 S19J Pro ant mining machines manufactured by bitcoin mining machine manufacturer Bitmain Technology Co., Ltd for $48 million.
Elon Musk Moves Forward with AI Plans for Twitter
Elon Musk’s recent purchase of nearly 10,000 graphics processing units (GPUs) indicates his commitment to an AI project at Twitter. The project is reportedly in its early stages and uses a large language model. Musk has previously expressed concerns about AI and signed an open letter to halt its development.
BTC Miner Bitfarms' Energy Capacity Touches 21% in July
Bitfarms' increase in energy capacity reached 166 megawatts following the firm's completion of the second phase of construction at a location in Canada.
Lido Launches Layer-2 Ethereum Staking And 150,000 LDO Tokens In Rewards
Lido is now live on layer-2 solutions, Arbitrum, and Optimism, and would allocate 150,000 LDO tokens in rewards per month from Oct 7 for wstETH across each network.
China's Central Bank Publishes Rules for Blockchain-Based Financial Applications
The People’s Bank of China (PBoC) has published a set of evaluation rules for blockchain-based finance applications. The published rules aim to provide regulatory oversight using three basic standards bordering on technical, performance, and security.
Walmart to Launch its own Crypto and Collection of NFT
US retailer Walmart is actively engaging in Metaverse, with documents filed with the US Patent and Trademark Office late last month, showing that the company is preparing to create its own collection of crypto and NFTs.
Hypervine Pilots Blockchain-Enabled Satellite Data Project to Curb Climate Impact of Mining Sector
Hypervine, a blockchain construction company based in Glasgow, Scotland, has revealed the kicking off of a blockchain-powered project that will utilize satellite data to boost efficiency in the mining industry. Expressly, it will be funded by the European Space Agency (ESA).
Crypto Popularity to Spur Growth in Blockchain-Powered Banking, Financial Services
The surging use of cryptocurrencies is expected to enhance the development of blockchain in the banking and financial services market, according to The Business Research Company.
Lekki Free Zone Set to Partner Gluwa On Blockchain Technology
As part of a drive to strengthen its contribution to the Nigerian economy, the Lekki Free Zone Development Company (LFZ) is in talks with Gluwa, a blockchain technology company. The pair are looking to partner and use blockchain to foster trade collaboration, growth, and sustainability among new and existing Free Zone enterprises. The partnership would also explore the creation of a Virtual Free Zone within the Lekki Free Zone.
The Rise of Massively Multiplayer Online Games Being Built on Blockchain
Massively Multiplayer Online (MMO) games have existed for a long time, but these games currently suffer from the same inherent flaws as many other online assets: centralization. Blockchain technology is slowly emerging as a disruptive force in the market, resolving troublesome issues like in-game cheating, and restoring freedom for players around the globe.
SEC plans to propose new rule changes that could impact crypto firms
The SEC is still deciding on a "qualified custodian."
VERTU Paris announces new smartphone available only through the purchase of an NFT
To celebrate the brand's 22nd anniversary, VERTU Paris is unveiling the new VERTU Constellation X Ulm™ smartphone through an exclusive sales process. For this occasion, VERTU will set up a unique launch operation on Monday, June 20th. Only 10,555 smartphones will be available for sale via the purchase of an NFT, on the official Vertu Paris website.
Bitcoin SV Network Suffered a Large-Scale 51% Anonymous Attack
Cryptocurrency data analyst CoinMetrics found that the Bitcoin SV network suffered a 51% attack anonymously through its regular monitoring tool FARUM on Tuesday.
Ethereum Express Establishes Two Pilot Projects Encompassing Over 48,000 Users
Ethereum Express (EEX), a community-driven decentralized ecosystem, has revealed the launching of two pilot projects that will comprise of more than 48,000 users. These initiatives are utilizing the Proof-of-Authority-based Ethereum Express blockchain to boost the productivity of their business procedures.
Digital Currency: Trust in Government or Elegy for Privacy?
Today, many countries are eagerly investing their resources to create a digital version of their currencies. Cryptocurrencies, once written off by the lawmakers are now inspiring the same authorities. What does Digital Currency mean to the governments, to the people and to the society?
Uniswap to Launch on Polygon's zkEVM
Decentralized exchange Uniswap is set to launch on the Ethereum scaling solution provider Polygon's zero-knowledge Ethereum Virtual Machine (zkEVM) roll-up. The proposal has already passed the 40 million vote threshold required for approval, with 100% of addresses voting in favor.
Voyager Digital announces the listing of Elrond Gold token
Voyager digital has just listed the Elrond gold token on it’s exchange
Startup Nilos Raises $5.2M in Funding Round for Business Development
Nilos has announced that the funds will be used for bringing in new clients, finance research and development, and building the sales and marketing team.
India Darknet Policing Ramps Up Following Drug Racket Arrests
Law enforcement agencies in India are teaming up with national research and academic institutions to enhance their ability to police the darknet.
XRP Surges Back in to Top 3 on CoinMarketCap Fueled by Coordinated Buying Attack
Ripple's associated token XRP has broken back into CoinMarketCap’s top three cryptocurrencies by market capitalization.
Institutional Investment in ETH Turns Positive, with Inflows for Four Weeks in a Row
According to digital asset management firm Coinshares, inflows into Ethereum crypto investment products reached $120 million over the past week (the week ended July 15); the last time this happened was in June 2021.
Bittrex Exchange Halts Services In 31 Countries Due To Regulatory Risk
Bittrex, a U.S-based blockchain platform that provides real-time trade execution, dependable digital wallets, and industry-leading security practices, has just recently announced the shutdown of operations in 31 countries of the world.
Stablecoins Hit $20 Billion by Market Cap Milestone, More Investors Favouring Tether as Hedge
Stablecoins have made incredible crypto gains, achieving a milestone of $20 billion per market capitalization in September.
Chiliz Launches Layer-1 Blockchain to Support Growth
EVM-compatible Chiliz Chiliz 2.0 Blockchain as fan tokens rise.
Indian Finance Minister Urges Banks to Use Web3 Technology to Detect Fraud
Indian Finance Minister Nirmala Sitharaman called on banks to use technologies such as Web3 and AI to detect fraud and generate early warning signs at the 75th Annual General Meeting of the Indian Banks Association in Mumbai on September 18.
Understanding the Market Structure of Oil and its Correlation with Bitcoin
The price of crude oil dropped below zero for the first time in history. With storage facilities filled to the brim and settlement of May futures contract on Tuesday, the price movement has shocked many. In this analysis, we study the recent history of oil, what drives it price and how it affects Bitcoin.
Gemini Executes Second Round of Layoffs: TechCrunch
Crypto exchange Gemini has made the second round of layoffs seven weeks after the crypto exchange cut about 10% of its workforce, citing "turbulent market conditions."
US Officials Warn of AI's Role in Cyber Crimes
U.S. authorities are actively addressing the challenges posed by AI in cybersecurity and the legal system, balancing innovation with the need for safety, security, and ethical considerations.
Nobel Prize Winning Economist Abhijit Banerjee: Is Blockchain the Key to Financial Inclusion?
While Nobel Prize-winning economist Prof. Banerjee is no expert in blockchain or FinTech services, we went along to the Asian Financial Forum to find out his thoughts on the application of FinTech and Blockchain to facilitate inclusive finance for the developing world. His response surprised us.
Crypto Payment Provider Alchemy Pay to Launch Virtual Crypto-Linked Card Backed by Visa and Mastercard
The leading crypto payment technology provider Alchemy Pay (ACH) announced that it will launch the Virtual Crypto-Linked card, aiming to expand the scope of cryptocurrency payments to meet the growing demand for crypto-related card transactions.
Unlicensed Bitcoin Exchange Operator Faces Up to 5 Years in Prison in the US
William Green, a 46-year-old American citizen of New Jersey has been indicted on one count of operating an unlicensed money transmitting business through his website, Destination Bitcoin.
Tezos Looks Set to Beat Bitcoin In 2020
Minor cryptocurrency Tezos is making serious gains and is on track to rival bitcoin this year.
Binance CEO: China is Setting the Precedent as a Blockchain Superhouse
Changpeng Zhao, commonly known as CZ, the CEO and founder of crypto exchange Binance, stipulated that the Chinese President’s calls will do wonders as they will instigate mass blockchain adoption.
Vietnam Favored by Korean Blockchain Companies
Vietnam has emerged as a force to be reckoned with in the worldwide blockchain spectrum. As a result, Korean blockchain firms are seeking to setup base in this nation for the benefits rendered.
The Fight for Freedom: Bitcoin and Hong Kong Battle Old World Control
Financial systems and governments clash. Hong Kong and Bitcoin fight for Freedom.
AI's Pioneering Role in 2024: Transformations and Challenges
AI in 2024 is transforming various sectors with advancements in text-to-video technology, the proliferation of deepfakes, and new applications in robotics and journalism, reshaping work and societal norms.
Bruno Le Maire Insists He Cannot Support Facebook’s Libra
Since the social media giant, Facebook announced its plan to launch its digital currency known Libra, one critic has repeatedly made his opinion known. Bruno Le Maire cannot and will not support the stablecoin project.
Standard Chartered Undertakes First Cross-Blockchain Trade Transaction Between Hong Kong and Mainland China
Standard Chartered has made a milestone by completing its first cross-blockchain trade finance pilot transaction between Hong Kong and China.
Web3 Startup Mysten Labs Seeks $200m in Series B Financing, Closing Valuation at $2B
Mysten Labs, a crypto startup founded by former Meta executives, is closing a Series B round that could value the company at $2 billion. Reportedly, the company is seeking at least $200 million in funding.
Huobi Accuses Ex-Senior Manager of Illicit Trading
A former senior manager at crypto exchange Huobi has been accused of illicit trading, according to a report from the Financial Times.
Spheroid to Launch AI Avatars in Augmented Reality
Spheroid Universe, a futuristic Metaverse that augments the real world in every part of the Earth, has announced the upcoming launch of artificial intelligence (AI) Avatars that will inhabit the world around us via augmented reality (AR). This ground-breaking development will deliver breakthrough opportunities across numerous business platforms - from e-commerce and retail to advertising, sales, general customer, and consumer interactions and more.
ETH Price Plunges as Ethereum Gas Fees Make DeFi Unusable
Ethereum’s surging gas fees continue to raise concern—making DeFi all but unusable for the average trader and the ETH price falling drastically to $1,580.63 last night.
LocalBitcoins Deploys Elliptic’s Blockchain-Powered Tracking Tools for Enhanced Surveillance
Leading peer to peer (P2P) Bitcoin trading platform LocalBitcoins has partnered with Elliptic, a global provider of crypto asset risk management solutions, to tame the headache of its illegal usage through blockchain-enabled monitoring tools.
Crypto Assets Mark Cap Sinks by $800bn within a Month
Crypto assets market lost $800 billion in terms of market cap within a month, Bitcoin continues to suffer from the bearish sentiment, battling at the key technical levels - $30,000.
Solana-based Defi Protocol Delta One Raises $9.1M in Seed Funding
Defi protocol Delta One on the Solana blockchain has announced that it has raised $9.1 million in a seed round led by Alameda Research and Ship Capital.
Ubisoft Launches Digits, the First AAA-level Game Energy-saving NFT
Video game developer and publisher Ubisoft launches its own NFT called Digits on its Ubisoft Quartz NFT platform, stepping into the field of encrypted NFT.
UK's ICO to Investigate OpenAI CEO's Worldcoin Project
The Information Commissioner's Office (ICO) announced on July 25, 2023, that it plans to initiate an investigation into Worldcoin, a project overseen by OpenAI CEO Sam Altman. The investigation is set to commence shortly after the announcement. ICO is the data regulator in the United Kingdom.
April 21: Essential Oil No More
Trading Crypto with Eugene is a series of daily commentary of market analysis and trading advice shared by Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful.
Gift ideas you can buy with cryptocurrencies
If you think about whether you may purchase a gift for someone with it, you definitely can.
OCC Says US Banks Can Use Blockchains and Stablecoins in Bank Payments
According to the OCC, regulated banks in the US can leverage stablecoins to conduct payments as well as participate as validator nodes on blockchain networks called INVNs.
European Crypto Miners Share Insights About Their Local Mining Industry
dGen, a non-profit research organization, in its report, has revealed that the cryptocurrency miners in the European region believe that Europe's higher electricity prices as compared to that of Russia and China is due to the strict regulation, strong protections, and political stability.
Brazil Central Bank Moves to Follow IMF Crypto Classification Guidelines
The Central Bank of Brazil has adopted the classification of cryptocurrencies being sold or purchased under the International Monetary Fund (IMF) guidelines.
NFTs Trading Volume Between May and June Fell 74%: The Block
NFTs' trading volume between May and June fell 74%, data from The Block Research showed.
OpenAI Launches Bug Bounty Program
OpenAI has launched a bug bounty program to address privacy and cybersecurity issues, inviting security researchers and ethical hackers to identify and address vulnerabilities in its systems. The program offers cash rewards ranging from $200 to $20,000 for qualifying vulnerability information.
Binance Launches Joint Anti-Scam Campaign
Binance has launched a "Joint Anti-Scam Campaign" in Hong Kong in cooperation with local law enforcement agencies. The initiative involves issuing targeted alerts to potential victims of scams to prevent them from falling victim to fraudulent activity. Binance intends to expand the campaign to other jurisdictions.
FBI seizes $100,000 in cryptocurrency and NFTs
The FBI confiscated the property in October 2022 for violating "federal law," with the NFTs valued over $100,000.
Ethereum Addresses Interacting with DeFi Protocols Surge to 2.91M in Q2: ConsenSys Report
A new ConsenSys report highlights the growth inherent in the Ethereum blockchain cutting across addresses and stablecoins
nChain CEO Departs Accusing Dr. Craig Wright of Fraud
Christen Ager-Hanssen resigns as nChain's Group CEO, alleging serious internal issues and a conspiracy to defraud shareholders. He accuses Dr. Craig Wright of deceiving courts about being Satoshi Nakamoto, leading to a significant reaction from the cryptocurrency community. Discussions also touch on Ager-Hanssen’s past involvement with Algorand and the implications of his revelations on the Bitcoin SV community.
Chinese Police Seize $14M in Crypto from Scammers Posing as Huobi Officials
The Chinese police arrested a crypto scammer gang in Wenzhou that reportedly swindled $14.3M in cryptocurrencies.
Former Synthetix Developer Creates Way To access Prohibited Apps Like Tornado Cash
A former Synthetix developer named Liam Zebedee has introduced his newfound way of bypassing prohibited blockchain apps like Tornado Cash.
Microsoft's AI Revolution: CEO Satya Nadella Unveils Bold Tech-infused Vision
Microsoft CEO, Satya Nadella, unveiled a new AI-driven vision in his annual letter, emphasizing the integration of AI across all products and tech stacks. Highlighting collaborations like that with OpenAI and innovations like AI Copilot, Nadella showcased Microsoft's preparedness to lead in this new AI era. The discourse also touched on the broader global impact and the firm's commitment to responsible AI and cybersecurity.
DOJ Plans to Call Former FTX Consumers, Investors, and Employees as Witnesses in Upcoming Samuel Bankman-Fried Trial
The DOJ is set to call former customers, investors, and employees of FTX as witnesses in the upcoming trial against Samuel Bankman-Fried, with a letter motion on September 30 revealing the scope of testimonies. A witness from Ukraine presents a challenge due to travel constraints amidst local unrest, with video conferencing proposed as a solution. The trial, attracting attention due to its proximity, is poised to kick off following jury selection on October 3.
NFT Lending Protocol Bend DAO Proposes New Measures against Bankruptcy Crisis
Subject to the bankruptcy crisis caused by depleted Ethereum reserves, NFT lending protocol Bend DAO has proposed new emergency measures pending a governance vote.
2 Europeans Charged in Connection to Virgil Griffith's North Korea Case
The two Europeans were allegedly collaborating with Virgil Griffith, a cryptocurrency researcher who was recently sentenced to prison for providing cryptocurrency and blockchain technology services to North Korea, Reuters reported.
Blockchain Industry Leaders R3 and FORMS HK join Cyberport to Launch “Block AdVenture” Program
Hong Kong's innovation hub, Cyberport along with leading global enterprise blockchain platform provider R3 and FORMS HK have launched the Block AdVenture program.
Committee on Payments and Market Infrastructures Develops Criteria for Wholesale Digital Tokens
A new report reveals that the CPMI will list out a criterion for the design of wholesale digital tokens in terms of their usage in whole transactions.
MetaMask Warns Investors Against Phishing Attempts by Scammers
MetaMask informed customers that it never emails account data or collects KYC information.
Justin Sun Tweets Tron just Issued $1.3 Billion in Tether, Here's What it Means for Crypto
While the broader cryptocurrency market is still reeling from a multi-year bear market since 2017, stablecoins like Tether are seeing action. Billions of dollars in USDT have been issued since its launch and the addition of Tron-backed stablecoin issuance, coupled with the now-concluded Bitcoin halving, signals a volatile period ahead for crypto traders and investors.
Can a Microsoft Takeover of TikTok Ease Trump’s Concerns? App Ban could See Bitcoin Price Boom
Microsoft is in talks to acquire TikTok from China’s ByteDance Ltd, promising to address privacy concerns that have President Trump calling for the social video apps ban. But could a TikTok ban be good for Bitcoin?
Circle CEO Allaire Supports Binance Stablecoin Decision
Circle CEO said the recent move by Binance to merge stablecoins could help make USDC the standard stablecoin rail between centralized exchanges and decentralized Exchanges.
Mindgrasp: Everything You Need to Know
Mindgrasp is an AI platform aiding in document analysis, summarization, and learning, with unique features that set it apart from Otter.ai, Quillbot, and Homeworkify.
Harmony Launches Bored Ape Yacht Club Passport
Harmony, the blockchain platform based on the Ethereum chain, announced the launch of Bored Ape Yacht Club Passport, supporting cross-chain activities.
Binance Bahrain Gets Category 4 License to Provide Crypto Trading Service
With the license, Binance can now offer full-suits of crypto trading services in Bahrain.
Crypto Exchange OKEx Delists Five Privacy Coins due to FATF Rules
Cryptocurrency exchange OKEx’s Korean arm will be delisting all five privacy altcoins including Monero (XMR), Dash (DASH), Zcash (ZEC), Horizen (ZEN), and Super Bitcoin (SBTC).
Indonesia to Update Govt Rules for Crypto, Implement More local Control
The South Asian country's trade ministry is planning to issue rules to govern crypto exchanges that will require two-thirds of the board of directors and commissioners to be Indonesian citizens and live in Indonesia.
MakerDAO Implements Emergency Measures Amid Market Volatility
MakerDAO approves an Executive Vote for crucial changes in response to market conditions, aimed at stabilizing the DAI peg and enhancing the protocol's resilience.
Crypto.com Mistakenly Refunds $10.5M to Aussie User
Melbourne resident Manivel Thevamanogari and her sister Gangadory Thevamanogari sought a refund of 100 Australian dollars from Crypto.com in May last year but was accidentally returned 10.5 million Australian dollars, according to Australian local media 7News.
Terra Resumes after Halting Blockchain Production to Prevent Governance Attacks
Terraform Labs, the company which supports the Terra ecosystem, briefly halted the Terra blockchain for two hours on Thursday after a dramatic slump in LUNA and UST, before restarting later.
China's Hainan Province Cautions Citizens Against Illegal Crypto Trading
China's Hainan Province has banned illegal crypto offerings, upholding the country's early ban on digital currency-related activities.
Messaging Giant LINE is Developing a Platform for CBDC
Japanese messaging giant Line is developing a platform to aid Asian central banks in their pursuit of central bank digital currencies (CBDC).
HIVE Blockchain Exploring GPU Mineable Coins Ahead of Ethereum Merge
For the upcoming Ethereum merge, HIVE said it has already started exploring mining other GPU mineable coins with its fleet of GPUs. The miner said it is implementing beta-testing this week, before the merge.
Apex Legends AI Art Controversy in FF7 Rebirth Event Raises Industry Concerns
Apex Legends faces backlash for alleged use of AI-generated art in its Final Fantasy 7 Rebirth event, sparking discussions about AI's role in the gaming industry
Islamic Development Bank to Create Blockchain Smart Credit Platform with Samsung's Blocko
The Islamic Research and Training Institute partnered with Samsung backed Blocko to develop a functional Credit Management System for Saudi Arabia.
Crypto Industry Continues to Experience Hacks and Exploits: Can Increased Security Measures Help?
Despite recent recoveries, $4bn was lost to hacks, fraud, and scams in 2022. Increased security measures, such as DeFi and multi-signature wallets, can help.
From Zero Mentions to a Dedicated Section in CINIC Report: How Fast is Blockchain Growing in the Chinese Internet Industry
The China Internet Network Information Centre (CINIC) recently published “The 45th China Statistical Report on Internet Development”. Compared to the previous issue, it is worth noting that the CINIC covered blockchain development as a dedicated section in the latest report. The report highlighted the rapid blockchain development of China in three aspects: regulation, technical development and applications.
Sushi Deploys to Kava, Debuting Major UI Overhaul
Sushi completes deployment to the Kava blockchain with a liquidity pool eligible for KAVA and SUSHI token rewards. Earlier this year, Kava shook up the L1 industry with its Ethereum Co-Chain launch, sparking the fastest growth of protocols on any blockchain in 2022. Today, tier-1 DeFi protocol Sushi combines its deployment to Kava with an up to $7M matching rewards plan alongside their elegantly redesigned Sushi 2.0 user interface.tly redesigned Sushi 2.0 user interface.
Singapore Blockchain Week 2020 to assess the new reality for businesses and technology in light of COVID-19
Singapore, 12 May 2020 – Blockchain Association Singapore (BAS) and NexChange Group, a venture innovation and media platform, today announced they will be hosting Singapore Blockchain Week 2020 from 21 July to 23 July 2020.
eNaira Adoption Grows Amid Nigeria's Cash Shortages
Nigeria's eNaira, a central bank digital currency (CBDC), is being adopted at an increasing rate as the country faces severe cash shortages due to demonetization. The value of eNaira transactions has increased by 63%, and the total number of CBDC wallets has grown more than 12 times compared to October 2022.
Crypto Market Cap Returns to $2 Trillion
Global cryptocurrency markets have rallied strongly in the wake of the Russian invasion of Ukraine. Bitcoin rose to $44,188 on Wednesday after falling to $36,370 last week.
SWEAT: The Token to Convert Steps, Movement into Crypto
According to Sweatcoin, the idea behind the token is to launch a global currency based on the value of steps and movement and the cryptocurrency will be minted purely by steps.
US-China Tech War and Data Concerns Could Create the Splinternet
Political tensions between the United States and China have been rising with some experts predicting the divide on data standards has grown large, it could split the internet.
Coinbase's Base 2024 Mission: Pioneering a Global Onchain Economy
Base's 2024 mission focuses on building a global onchain economy, emphasizing decentralization, developer empowerment, a vibrant app ecosystem, and a robust capital market, all while maintaining close ties with Coinbase and the broader crypto community.
Launch of Ethereum Climate Platform to reduce PoW emissions
The coalition aims to redress the network's former proof-of-work (PoW) carbon emissions. It was formed by Web3 firms, civil society leaders and the U.N. Framework Convention on Climate Change. The group will invest in climate projects that promise to mitigate Ethereum's past emissions.
PancakeSwap Proposes to Deploy Mainnet on Aptos Blockchain
Developers of the decentralized exchange, PancakeSwap, on October 20, proposed its deployment to the Aptos blockchain due to the chain’s innovative and technical capabilities.
Roger Stone Denies Alleged Murder Plot Against Nadler and Swalwell, Claims AI Manipulation of Tapes
Roger Stone is accused of discussing a plot to assassinate Congressmen Jerry Nadler and Eric Swalwell in a recording. He denies the allegations, claiming AI manipulation of the tapes.
GlobalSTOX’s Wholly-Owned Subsidiary Has Successfully Obtained a TCSP License
GlobalSTOX Limited (“GSL”) is pleased to announce that its wholly-owned subsidiary, HKSTOX Finance Limited, has successfully obtained a Trust or Company Service Provider License (“TCSP License”) on 29 April 2020. The TCSP license number is TC007109.
Coinbase Partners with DustAid for Crypto Donations During Christmas
A partnership forms between Coinbase and Dustaid, to donate Crypto to NSPCC, Little Edi Foundation, and Space for Giants.
Binance is Not In "a War" With FTX, Says Co-Founder Yi He
Co-founder and chief customer service of Binance exchange, in an explanation on Twitter, claimed that Binance is not in a war with FTX and has no intention of engaging in drama.
BSV founder Craig Wright Clarifies Bitcoin's Original Intent and Critiques Misuse
Dr. Craig S. Wright criticizes misconceptions about Bitcoin's White Paper and its purpose, asserting it's a micropayment system, not digital gold, and highlights transaction costs impacting its utility.
Bitcoin Halving Reduces Mining Rewards for Third Time in Brief History
The most anticipated event for cryptocurrency has come to pass. Bitcoin’s third Halving took place reducing the block rewards from 12.5 to 6.25 BTC per new block for the third time in its history. The first block mined for 6.25-bitcoin was mined and relayed by the fourth largest mining pool by total computer power, Antpool.
Blockchain Increasingly Leveraged by China to Combat Coronavirus Outbreak
In the midst of the coronavirus epidemic, there have been growing concerns about how the stalled industry of China may affect the growth of technology within the region.
Gala is announcing a partnership with Stick Figure Productions to distribute Four Down on the Blockchain
Gala, one of the leading innovators in blockchain gaming and music, has announced the launch of Gala Film. This new vertical from the world-leading Web3 company continues the brand’s commitment to providing fans with unique opportunities to enrich their experiences coupled with amazing programming and exciting projects. With this announcement Gala Film also shared they will partner with Oscar-nominated and Emmy Award Winning Stick Figure Productions to present FOUR DOWN, a feature-length documentary directed by award-winning filmmaker Steven Cantor based on the New York Times best-seller NOT WITHOUT HOPE, written by Nick Schuyler and Jere Longman.
What could a Democrat Sweep in US Elections mean for Bitcoin?
What would it mean for Bitcoin (BTC), if the Democrats manage to pull off a clean sweep in the coming US elections?
Crypto Market Swings to Extreme Greed as USDT & USDC Issuance Skyrockets
KuCoin's latest research highlights a major shift in the crypto market to extreme greed, backed by a $4.55 billion rise in stablecoins USDT and USDC, signaling increased market liquidity.
Celsius Makes More Repayments and Withdrawal: Sources
According to tracker Etherscan, Celsius repaid $78.1 million worth of USDC stablecoin to Aave and $35 million worth of stablecoin DAI on the platform Compound.
U.S. Senate Bill Seeks to Limit Federal Reserve's Role in CBDC Issuance
A new Senate bill, dubbed the CBDC Anti-Surveillance State Act, proposes strict limitations on the Federal Reserve's involvement with CBDCs.
Chainlink Hits New All-Time High amid SmartZip Expanding Services to Oracle Network
SmartZip, a leader in real estate predictive analysis, announced that it will join Chainlink's market-leading decentralized Oracle network by launching its own Chainlink node.
Valkyrie's Two Crypto-focused Trusts Raise $73.6m
Two crypto-focused trusts owned by digital asset manager Valkyrie have raised $73.6 million.
Brock Pierce and Blockchain Capital Sue Florida-Based Company for Copyright Infringement
Brock Pierce and his business partners are suing Blockchain Capital Management LLC (BCM) for copyright infringement.
New Zealand Police Issues Warning Against “Nasty” Sextortion Blackmail Porn Scam Demanding Bitcoin Ransom
New Zealand police are warning about a new porn blackmail scam that is targeting residents who watch adult content videos in the country. Scammers will take compromising video or photos of the victim while they are watching pornography and later contact them demanding a ransom in Bitcoin to keep the content private.
Crypto Trading Platform Voyager Digital Acquires Crypto Payments Company Coinify for $85M
American cryptocurrency trading platform Voyager Digital announced on Monday to complete the acquisition of Coinify-a secure online platform that offers an easy way to buy and sell virtual currencies.
Is NEO About To Crash? Developers Unleash 1.6 Million Tokens
Launched in 2014 as Antshares and later rebranded as NEO in 2017, the leading Chinese-based technology platform could now witness a massive price fluctuation in the market as its developers have unleashed 1.6 million NEO tokens which represent 2.3% of its total circulating supply.
Blockchain.com Gets Green Light to Operate in Singapore
Crypto exchange Blockchain.com has gotten the go-ahead to set foot on Singaporean soil after being approved by the nation’s central bank.
Marvel Studios Launches First NFT collectibles Featuring Captain America
Marvel Studios has launched its first collection of Captain America NFT Collectibles.
Crypto Exchange FTX Raises $900M in Series B Financing with a Market Cap valued at $18B
The American cryptocurrency exchange giant FTX.COM announced the completion of a $900 million Series B financing dedicated to expanding FTX's international influence, aiming to become the top exchange worldwide within two years.
Binance Follows Bybit in Appointing Top Compliance Official
Maxwell Baucus, former U.S. senator and ambassador to China, has joined Binance. The top official will become policy advisor and government liaison to the exchange. Given Baucus’s influence in US political circles, the move should support Binance’s expansion efforts within North America, where its Binance US platform operates.
Former Bithumb Chairman Lee Jung-Hoon Acquitted in $100M Fraud Case
Lee Jung-Hoon, former chairman of Bithumb, has been acquitted in a $100 million fraud case related to the non-listing of the BXA token, highlighting challenges in crypto industry legal cases.
DTCP Capital to Invest $300M in High Tech Startups Including Web3.0 Protocols
Digital Transformation Capital Partners (DTCP) has announced the accumulation of $300 million for its Growth Equity III Fund to support high-tech startups in their early growth stages.
Bitcoin Hash Rate Reaches Peak Amidst Price Fluctuations
The benchmark responsible for the level of confidence that miners have in the Bitcoin network has been seen to reach its all-time high on Thursday.
Bitmain Business Booming Despite Public Feud Between Co-Founders Jihan Wu and Micree Ketuan Zhan
Bitcoin mining giant Bitmain, continues to grow despite the public feud of its co-founders Jihan Wu and MicreeKetuan Zhan dominating the news over the last year.
Bitcoin Slumps to 3-Months Low below $30K, Bearish Shockwaves Engulfs the Market
Bitcoin (BTC) slumped to its 3-month low on as investors panic sold on a sustained bearish dump-off that characterized the digital currency ecosystem.
Tokenize the Future: What Tokenization Means For Financial Access
Thanks to advances in financial and blockchain technology, any tradeable asset can be digitally represented as a token and issued onto a blockchain creating greater access.
Sandbox Launches Metaverse Accelerator Program, Offering $50M for 100 Startups
Virtual Metaverse gaming platform Sandbox has launched the Metaverse accelerator program, which will provide 100 startups with $50 million in start-up capital to promote the development of the Metaverse.
Crypto Fugitive Kwon Denies Hiding from Authorities
Do Kwon tweeted "yeah as I said I'm making zero effort to hide. I go on walks and malls, no way none of CT hasn't run into me the past couple weeks," denying running away from the authorities.
A New World of Money - Blockchain in Human History Series
In this article we take a deep dive in money issuance standard to witness the evolution of money. The evolution of money issuance standard can be summarized in four phases.
Nomura's Laser Digital Partners with WebN Group to Launch Libre Protocol on Polygon
Nomura's Laser Digital and WebN Group have unveiled the Libre protocol, a fund tokenization infrastructure powered by Polygon technology, set to launch in Q1 2024. The protocol aims to revolutionize the management and distribution of alternative investments, with Brevan Howard and Hamilton Lane as initial users.
Yellen Works with Regulators to Address Silicon Valley Bank Collapse
United States Treasury Secretary Janet Yellen is working with regulators to address the collapse of Silicon Valley Bank (SVB), one of the top 20 largest banks in the US. Yellen has stated that they are focused on protecting depositors, particularly small businesses that employ people across the country, and that they are considering a range of available options, including acquisitions from foreign banks.
SHIB Token Surges by 1946.11% within a Week
Despite the fact that most mainstream cryptocurrencies have fallen back, SHIB token has proven to be the exception, rising by 123.63% in the past 24 hours.
China's Shanghai Prioritizes Blockchain, Web3.0, and Metaverse in Three-Year Manufacturing Development Plan
Shanghai, a front-runner in the deployment of emerging technologies in China, has recently announced its ambitious "Three-Year Action Plan for Promoting High-Quality Development of Manufacturing (2023-2025)." This strategic initiative was revealed by the Shanghai Municipal Government Office, highlighting the city's commitment to accelerating the development of its digital economy with a focus on Blockchain, Web3.0, and the Metaverse.
Twitter Brings Tweet Tiles Pilot to NFT Marketplaces
Twitter is expanding its trial of Tweet Tiles, previously tested with New York Times, Wall Street Journal, and The Guardian, to the world of NFTs. A selection of NFT marketplaces has been selected for the experiment, which enables Tweets to feature an interactive customizable widget.
The Fourth Belt and Road Summit 2019 – FinTech Cultural Revolution for Inclusive and Green Finance
The fourth Belt and Road Summit jointly organized by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council was held on 11 to 12 September at the Hong Kong Convention and Exhibition Centre. With around 5000 government officials, professionals and entrepreneurs from 69 countries attended the summit, opportunities and innovations were shared and explored.
DWF Labs to Invest $10 Million in TokenFi Tokens Over Two Years
DWF Labs to invest $10 million in TokenFi tokens over two years, deepening partnership and supporting TokenFi's vision to dominate the $16 trillion tokenization industry by 2030.
Mixtral 8x7B: Elevating Language Modeling with Expert Architecture
Mixtral 8x7B, a Sparse Mixture of Experts model, outperforms leading AI models in efficiency and multilingual tasks, offering reduced bias and broad accessibility under Apache 2.0 license.
Top 5 Bitcoin Casino Sites in 2020
As we delve into this year's best online Bitcoin casinos, you'll discover the most worthwhile bonuses, the best selections of games and where to play safely.
ChatGPT Secures Top Spot as the Most-Viewed English Wikipedia Article of 2023
In 2023, ChatGPT's Wikipedia page achieved the highest English article view with over 49 million views, marking a significant increase in public interest in AI technology.
Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations
The heads of the three major US financial regulators have issued a joint statement warning the cryptocurrency industry to adhere to banking regulations in the development of digital assets.
Dubai Sees Crypto as Stepping Stone Towards Global Tech Hub
Dubai is reaping the dividends of new tech investments because it has laid the ground for a post-pandemic boom through a business-friendly and low taxes environment.
Ethereum Price Could Surge as OCC Permits US Banks to Run Nodes For Stablecoins
A recent announcement by the Office of the Comptroller of the Currency (OCC) has provided a mainstream catalyst that could see the ETH price rally to new all-time highs.
Ex-US President’s Wife Melania Trump Releases Her First NFT, Price at 1 SOL
Former US President Donald Trump’s wife Melania Trump released her first NFT token which will run on the Solana blockchain.
Cross-Chain Crime Hits $7B: North Korean Ties Unveiled
The recent revelation by Elliptic highlights a troubling surge in cross-chain crime, now amounting to $7 billion, with North Korean affiliated Lazarus Group playing a significant role. These findings from the 2023 edition of 'The State of Cross-chain Crime' report, outstrip previous forecasts, underscoring an urgent call for bolstered security measures and refined blockchain analytics to confront the escalating menace.
Blockchain Daily Digest – January 6th, 2020
Qatar Issues Crypto Ban, Digital Securities Still Allowed to Roam
Aventis to Become Asia's 1st Graduate School to Enter Metaverse
Aventis Graduate School unveiled its metaverse roadmap and become Asia's first graduate school to enter the metaverse.
EigenLayer Announces Multi-Phased Mainnet Launch Strategy
EigenLayer is set to introduce a gradual rollout for its mainnet, emphasizing security and performance with a focus on operator and AVS integration.
Emerging Crypto Art Platform Outland Raises $5M Seed Round Led by OKG Ventures
Outland, an emerging crypto art platform based in Los Angeles, CA, has announced that it has raised $5 million in its first seed round in March 2022. Led by OKG Ventures, IMO Ventures, Dragon Roark, and JDAC Capital have all invested in the burgeoning Web3 cultural leader.
US SEC and FINRA Issued Latest Custody Guidance on Digital Assets Securities
The United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) issued a statement addressing regulatory issues regarding the custody of digital asset securities on 8 July.
Breaking: CoinsPaid, AtomicWallet, and Alphapo Incidents All Connected to North Korea's Lazarus Group
MistTrack links CoinsPaid, AtomicWallet, and Alphapo incidents to North Korea's Lazarus Group. The hacks, totaling over $183M, highlight the need for robust crypto security.
Bitcoin.org Hacked, Showing Sign of "Double Return Bitcoin" in Gift Scam
Bitcoin.org, an open-source and peer-to-peer platform focused on bitcoin development, was hacked this Thursday morning by showing bitcoin's giveaway activities.
Top 5 Evolving Cryptocurrency Startups That Are Revolutionizing The Future of Fintech
Tremendous evolution in cryptocurrency startups provides to be revolutionary in the Fintech industry now and in upcoming years.
Alipay Facilitates First Digital Cauldron Lighting in Asian Games History
Alipay, the digital payment giant and Official Prestige Partner of the Hangzhou Asian Games, has made history by supporting over 100 million digital torchbearers in the first-ever digital cauldron lighting ceremony. The initiative was part of the Smart Hangzhou 2022 platform, a one-stop digital service for the Games. Alipay's technology ensured that even phones produced 8 years ago could participate in the digital interaction.
Chainlink Price Could be Trading at Under $0.01 if This Happens—Is LINK Overvalued?
Chainlink’s (LINK) price has consolidated to $12.28 at press time. Although LINK has seen a considerable recovery, analysts have not been very bullish.
Crypto Advocacy Group Calls on Regulators to Address De-Banking of Crypto Firms
The Blockchain Association has submitted Freedom of Information Act requests to U.S. financial regulators, seeking documents and communications that could reveal if regulators’ actions have contributed to the recent failures of banks that provide services to crypto firms. The association is investigating allegations of account closures and refusals to open new accounts by banks against crypto firms, which it believes should be treated like any other law-abiding business in the U.S.
Is Blockchain the Solution for Trust in Healthcare?
Currently, in 2020, it is clear that Blockchain is still in the development stage. Handling large volumes of data, as well as app and device development for users all, remain ongoing, yet the potential is vast.
Regulatory Uncertainty Keeps the Securities Company Out of Cryptocurrency: Citadel's CEO
Citadel’s chief has clarified that regulatory uncertainty around cryptocurrency keeps the securities firm away from investing in crypto assets.
MicroStrategy to Sell $500 million in Stock Shares to Buy More Bitcoin
Nasdaq-listed business intelligence and software firm, MicroStrategy Incorporated said it would sell up to $500 million in Class A stock to buy more bitcoin, according to a filing with the U.S. Securities and Exchange Commission (SEC) on Friday, Bloomberg reported.
U.S. Treasury Requests Report to IRS for Crypto Transfers Over $10,000
The U.S. Treasury Department today proposed to the U.S. Internal Revenue Service that investors need to report on crypto transactions of more than $10,000.
Central Banks Could Monopolize Commercial Banking Sector via CBDC, Says Federal Reserve
A new working paper from the Federal Reserve Bank of Philadelphia indicates that the development of a central bank digital currency (CBDC) may create a fundamental shift in the way banks operate.
Mara Raises $23 Million from Coinbase, Alameda to Drive Crypto across Africa
The new funding will enable Mara to expand the reach of its cryptocurrency platform across the continent.
CharacterX Raises $2.8M for AI-DrivenAI Social Networking, Led by Lightspeed
CharacterX, a Stanford-initiated decentralized AI social network, secures $2.8M funding, blending AGI and blockchain to innovate social interactions, with significant user growth and technological advancements.
$3.6 Billion Worth of Bitcoin Options Will Expire Today
Today, $3.6 billion in Bitcoin options will expire. This provides investors with the last opportunity to buy or sell Bitcoin at a predetermined price.
JP Morgan Research: Blockchain Mainstream Years Away, Libra's Hurdles and Bitcoin Hedging
JP Morgan has been one the earliest advocates and adopters of blockchain technology among the major financial institutions and continues to lead many other enterprises in the space. However, a new report by the American institution indicates that while the infrastructure for a digital economy is being developed globally, mainstream adoption is unlikely for at least a few years.
Bitcoin Falls Below $44K, Attributed to the Fed Plans to Raise Interest Rate in March
Attributed to the preliminary raise of the interest rate in March, revealed by the U.S. Fed, Bitcoin's price fell below $44,000 and the lowest trading price was as low as $42,413.
Australia Records Over $14 Million Losses to Crypto Scams in 2019
Scamwatch, an Australian website dedicated to reporting scams saw an increase in crypto relating scams amounting to $14 million
Preemptive Measures Needed to Regulate Crypto Market, FSB Says
Regulators need to take preemptive measures, bringing the crypto market to obey rules and regulations as risks from the sector could grow quickly, the Financial Stability Board said.
P2E Arcade2Earn Raises $3.2M in Seed Funding Led by Crypto.com Capital
Arcade claims a unique selling point, it says that it has a unique concept called "mission pools" which allows gamers to make money without owning NFTs.
Crypto Exchange FTX Lists Dollar Spot Index Perpetual Futures
Cryptocurrency exchange FTX has listed perpetual futures linked to the US dollar spot index, and it is expanding its business scope to the field of foreign exchange derivatives trading.
Will the Impact of Yearn Finance's yETH Vault on the DeFi Space Last Long?
Yearn.finance, a decentralized finance (DeFi) protocol, has recently launched yETH vault, enabling the process of seeking the best returns for yield farmers
General Motors Files Patent for Blockchain-Based Autonomous Vehicle Navigation Map
Major car manufacturer American multinational corporation General Motors filed a patent on October 1, 2018, which uses the application of blockchain technology and integrates vehicle sensors to build a much-improved navigation map for autonomous vehicles.
PowerGhost: The Mining Malware to Watch in 2020
In Part 3 of the interview, Yeo Siang Tiong, General Manager for Southeast Asia, Kaspersky shared with us the state of cryptocurrency mining malware and he believed we should watch out for Powerghost in 2020! Yeo also explained the cybersecurity solutions of Kaspersky on quantum computing.
Chainalysis Releases Crypto Market Intelligence Site Catered to Asset Managers and Regulators
Blockchain analysis firm Chainalysis released Market Intel, a new website catered to asset managers and regulators for access to live crypto data and insights. Chainalysis’ Market Intel will leverage the firm’s proprietary data, which has been collecting and linking to real-world entities since 2014.
GameStop Announces Partnership with FTX US
GameStop, the world's largest video game retailer headquartered in Texas State, announced that it has signed a partnership with FTX US ("FTX") to become FTX's preferred retail partner in the United States.
Darknet Empire Offline for Days Has Users Fearing DDoS Attack and Looming Scam
A popular darknet marketplace, Empire Market, has been reported to be offline for over 48 hours, making website users fretful as to the cause behind it.
Coinbase Launches New App, Providing Crypto Policy Advocacy Information for Midterm Election
Brian Armstrong, the founder of Coinbase Brian Armstrong, said he plans to add encryption policy content to Coinbase trading app for the upcoming US midterm elections.
Web3 Gaming Platform LootRush Raises $12m in Seed Round
Web3 gaming platform LootRush has raised $12 million in seed funding led by crypto company Paradigm, aiming to make playing Web3 video games easier and more convenient for users.
DFINITY Foundation (ICP) Joins Blockchain Security Alliance
DFINITY Foundation joins the Blockchain Security Alliance, enhancing global blockchain security. The alliance, with 42 members, focuses on collaboration and innovation.
Coffee Giant Starbucks Leverages Blockchain to Track Coffee From Bean to Store
Starbucks intends to leverage blockchain traceability on its coffee supply chain.
Oxfam's Blockchain-Based Agricultural Insurance Firms in Sri Lanka Pay Farmers with Crypto
Insurance in the agricultural sector is becoming digitized through blockchain based solutions in Sri Lanka as Oxfam pays farmers in cryptocurrencies
3 Platforms Making DeFi More Inclusive
Decentralized finance (DeFi) is taking the world by storm. Owners of cryptocurrencies can unlock an alternative financial system that offers better rewards than traditional bank accounts and carries more risk. Several trends in the DeFi space are emerging lately, as are the new protocols trying to capitalize on this momentum.
Chinese Firms Hold Overwhelming Majority of Global Blockchain Patents
Chinese firms have been stockpiling blockchain patent applications leaving other nations behind and outpacing the United States 3 to 1.
The Bahamas Central Bank Digital Currency Will Be Rolled Out in October
The Bahamas Central Bank has announced its CBDC, dubbed Sand Dollars, will be ready by next month for roll out.
Oracle Red Bull Racing Teams Up with Mysten Labs for Blockchain Engagement via Sui Platform
Oracle Red Bull Racing has partnered with Mysten Labs to launch the Oracle Red Bull Racing Validator on Sui, their official blockchain. This move aims to enhance fan engagement and ensure only valid data is added to the blockchain.
Kardashian's Instagram Cryptocurrency Promotion Irks UK Financial Watchdogs
British financial watchdogs are wary of investors' cryptocurrency investment risks introduced by well-known influencers such as Kim Kardashian West.
Galaxy Digital Loses $111.7m in Q1 as Crypto Markets Plunge
A diversified financial services firm dedicated to the digital asset, Galaxy Digital (GLXY) announced its financial results for the first quarter ended March 2022, with a significant financial loss.
Largest North American Bitcoin Self-Mining Company, Marathon Announces $250 Million Registered Direct Offering of Common Stock
Marathon Patent Group, Inc. (Marathon) the largest enterprise Bitcoin mining company in North America announced a $250 million registered direct offering of common stock.
MetaWeek to Take Place in Dubai on March 7-10, 2022, Shaping the Future Trends for Metaverses and Blockchain
Investors, NFT artists, blockchain brightest minds, DeFi experts and DAO representatives will converge to UAE for a week-long event with a full-scale trailblazing digital and physical networking experience. Community leaders will discuss what will define development of blockchain space and the upcoming realm of Metaverses.
Chainsafe Raises $18.75m to Advance Adoption & Sustainable Growth in Web 3
Canadian-based Blockchain research and development firm Chainsafe has raised $18.75 million in oversubscribed Series A funding backed by prominent industry venture firms.
Chainlink, Uniswap, and Polkadot among the Altcoins that Have Held Up Well Despite Bitcoin’s Plunge
While Bitcoin has plunged by 15% on a seven-day period, dragging most of the cryptocurrency market along with it, some altcoins have survived the drop.
BNB Chain Resolves BscScan Lag Issue, opBNB Still Undergoing Fixes
BNB Chain resolves lag issue in BscScan browser, continues to address similar issues in opBNB, with BSC unaffected and users advised to use BSCtrace for updates.
Crypto Giant Binance Obtains First Global Regulatory Approval Operation from French
Binance, one of the leading cryptocurrencies exchange, has been approved by the French regulatory agency, the first country to allow the exchange to legally operate trading globally.
UPS and HerdX Deliver Blockchain Verified Beef
With the successful shipment and verification of beef products within Texas, HerdX and UPS are setting a pace in the use of blockchain for global supply chain
Video Game Company BoomBit Launches Blockchain Gaming Platform BoomLand
Video blockchain gaming company BoomBit has launched BoomLand. Players and game developers can earn NFTs and cryptocurrencies in the form of $BOOM and $BGEM tokens.
Intercontinental Exchange Bakkt Bitcoin Futures Trading Platform Goes Live
Launched as of 8 pm EST on Sept. 22, Bakkt’s physically settled Bitcoin futures trading has launched and is now live for trading on the Intercontinental Exchange Futures US (ICE).
Bitcoin ATM Operators Joins Forces to Float New Compliance Cooperative
A group of crypto industry Bitcoin ATM operators and firms have floated the Cryptocurrency Compliance Cooperative to bolster regulatory compliance.
Crypto Exchange Volumes Sees Growth since May, Jumped to $733 billion in Sep
Trading volume on cryptocurrency exchanges jumped to $733 billion in September, up 16% month-on-month and marking the first significant increase since May.
Conflux Network Expands into Hong Kong
Dr Ming Wu, Co-Founder of Conflux Network, was invited by the Hong Kong Government to discuss the rise of tech innovation through Web3 and how the Conflux Network could play a foundational role in these developments.
a16z Leads Blackbird's $24M Series A Funding to Elevate Dining Experiences Through Web3
a16z leads Blackbird’s $24M Series A funding round to foster a web3-enabled platform aimed at revolutionizing dining experiences and financial prospects for restaurants. Announced on October 4, 2023, this investment marks a significant stride towards intertwining blockchain technology with the gastronomic sector, heralding an enriched era of dining engagements.
Ethereum Continues to Grow with the Majority of Stablecoin Projects Leveraging its Network
Ryan Watkins, a researcher at Messari, believes that the numerous stablecoin protocol experiments on the Ethereum network are impressive.
Crypto Crimes Hit All-Time-High in 2021: Chainalysis
Crypto crimes saw a record high number last year in terms of value, blockchain analysis firm Chainalysis said.
Crypto Expert Nouriel Roubini Develops Tokenized Assets, Aiming at Replacing USD
Crypto-basher economist Nouriel Roubini is developing a tokenized asset designed to counter the volatility of the U.S. dollar due to inflation, climate change, and more.
OKX and Google Cloud Host Successful Hackathon for Decentralized Applications on OKT Chain
OKX, the second largest crypto exchange by trading volume and a leading Web3 technology company, has teamed up with Google Cloud to host the OKX Hackathon to drive growth and innovation of the blockchain ecosystem. The three-day event, held in Silicon Valley, aimed to encourage developers to build decentralized applications on OKT Chain, a leading layer 1 blockchain built on Cosmos.
China is Expecting its First-Ever Blockchain Exchange-Traded Fund
Shenzhen is expecting its nation’s first exchange-traded fund (ETF) that will track blockchain-themed stocks as underlying assets.
Democrats Critical of OCC's "Excessive Focus" on Crypto and Stablecoin Financial Services
Democrat members of the United States Congress led by Congresswoman Rashida Tlaib (D-MI) have criticized the OCC's focus on crypto and stablecoins.
Binance Withdraws S'pore Bourse Application, Closing Local Trading Platform by Feb
Binance Asia Services Ltd has withdrawn its application for a local license to run a bourse in crypto-friendly Singapore and shut down its trading platform.
First Virtual Banks By 2025 From Bank Of Thailand
Bank of Thailand will enable virtual banks for the first time. Financial businesses will provide services by 2025. The move boosts competitiveness and Thailand's economy. The licensing structure will regulate and supervise virtual banks like regular commercial banks.
Woori Financial Group To Provide Cryptocurrency Custody Services
South Korean Woori Financial Group has announced that it will establish a digital asset custody joint venture with Korean blockchain developing company Coinplug.
Russian FM says No to Crypto Ban
Russian Finance Minister Anton Siluanov said that cryptocurrencies should not be banned as advocated by the central bank but instead the government should fix the ongoing crypto regulation predicament.
Bullish Sentiment Restores in Crypto Derivatives Markets, Surged to $3.12 Trillion in July
Data shows that investors in the crypto ecosystem have increased their exposure to derivatives markets, with trading volume on central exchanges rising to $3.12 trillion in July, up 13 % from the previous month.
Ethereum developers chose eight updates for Shanghai
The Shanghai update comes after the Merge and proof-of-stake consensus. Beacon Chain staked ETH will be unlocked, permitting withdrawals. Shanghai testnet launched Oct. 18.
Metaverse Memecoin Tamadoge Raises $1 Million Midway Through Its Beta Sale
Tamadoge, the P2E metaverse meme coin, has raised $1 million after just 12 days of its beta sale. The beta sale began on July 25 and is scheduled to run until August 31, but will finish before then when the $2 million hard cap is reached. Once the presale has concluded, the TAMA token will be listed on LBank exchange.
The Ethical Dimensions of ChatGPT in Modern Learning Environments
Exploring the ethical dimensions and transformative potential of ChatGPT in education, focusing on challenges and opportunities in teaching, learning, and academic integrity within STEM and higher education environments.
Chiliz (CHZ) and K League Forge Partnership for Enhanced Fan Engagement and Global Expansion
K League partners with Chiliz to enhance fan engagement and global outreach through blockchain technology, integrating 'K League Fantasy' into the Chiliz Chain.
Allied Market Research: Blockchain Integration into the Global Retail Market to Garner $11 Billion by 2026
Allied Market Research, a global market research and business firm, has reported that the incorporation of blockchain into the global retail market will garner $11.18 billion by 2026 from $83 million recorded in 2018.
Animoca Brands Soon to Acquire Australia's Be Media for Blockchain Development
Hong Kong-based Animoca Brands has announced that it will soon acquire Australian digital marketing agency Be Media to explore the opportunities centred around blockchain development in the country.
Metaverse Hits Top 10 Strategic Technology Trends for 2023: Gartner
A study shows that the metaverse would remain one of the hot topics in the fintech industry. Metaverse also would be top ten strategic technology trends for 2023.
MetaWeek in Dubai to bring together artists, NFT creators, investors, and blockchain Masterminds
A week-long event, set for March 7-10, 2022, will cover how paradigm-shifting technologies revolutionize and scale in industries like finance, art, cybersecurity, media and investment.
Sam Altman Advocates for Energy Breakthroughs in AI at Davos Forum
At the World Economic Forum in Davos, OpenAI CEO Sam Altman emphasized the need for an energy breakthrough to sustain future AI development, advocating for investment in fusion and other sustainable energy sources.
Russians are Rushing to Buy Bitcoin as COVID-19 Pandemic Continues
As governments around the world continue to battle ill-effects of the ongoing COVID pandemic, Bitcoin is turning out an investment of choice among developing and emerging economies. Officials from the Russian chapter of Binance, Garantex, and EXMO shared insights with the Russian publication, confirming the growth in users originating from the country. All the bourses have mandatory KYC policies in place, meaning the reported figures are accurate.
Is Blockchain the Missing Piece Needed in Curbing Illegal Fishing?
Illegal fishing is a predicament that is at times in oblivion despite it endangering marine ecosystems as it distorts their sustainability and biodiversity. Blockchain offers a distributed ledger technology (DLT) that can be helpful in fish tracking from the time it was captured to the moment it is consumed, and this approach can be instrumental in eradicating illegal fishing.
Calibra CEO Defends Libra at Its First Major Encounter with 26 Global Central Banks
David Marcus, the CEO of Calibra, behind Facebook’s Libra has announced that the proposed stablecoin would not be a threat to the monetary sovereignty of nations as suggested previously by regulators.
Could Blockchain Increase Diversity in the Way Films are Nominated for the Academy Awards?
The film awards season has finally passed for the year and a look back over the last few weeks, unfortunately, uncovers lingering problems with diversity among the nominations for both the BAFTAs and the Academy Awards (Oscars). Could blockchain provide a solution?
Blockchain Usage in the Retail Market Expected to Increase 12-Fold, Hitting $2.08B by 2028
Blockchain technology is expected to continue streamlining the retail market, given that its usage is anticipated to increase 12-times to reach $2.082 billion by 2028 from $172.22 million recorded in 2021.
100 Million: You Can Apply Swiss New FinTech licence Permitting to Accept Public Deposits of Up to 100 Million Next Year
From 2019, interested parties can apply for the new FinTech licence. The Swiss Financial Market Supervisory Authority FINMA is responsible for granting this licence. It has published guidelines aimed at simplifying the application process.
Bitcoin Falls to $60K amid a Sharp Drop in Hash Rate and Turkey's Crypto Payment Ban
Bitcoin fell below the $61K level for the first time today due to the decline in hash power of Chinese mining pools and the ban on cryptocurrency for the purchase of goods and services proposed by the Turkish government.
Matrixport Partners with Simplex to Allow Buying Crypto Using Credit Card
Matrixport, the Bitmain spin-off and a leading financial service provider for digital assets, today announced a partnership with the leading payment process company Simplex, enabling users to purchase cryptocurrencies using their credit cards directly and securely on Matrixport.
Open Banking & Banking Digital Transformation Congress will be held in August in Shanghai
Open Banking&Banking Digital Transformation Congress 2020 will be held on September 24-25 in Shanghai with a focus on digital transformation and open ecosystem construction of large state-owned banks, joint-stock banks, urban commercial bank, and foreign bank, etc. The congress will mainly discuss how iABCD empower retail, micro and corporate finance from perspectives of policy transmission, ecological construction, cultural innovation, business model innovation, product innovation, risk management, marketing, and the user experience, etc.
Satoshi Nakamoto's Quotes on Trust - Trusted Third Parties
Satoshi Nakamoto's Quotes on Trust - Trusted Third Parties
Italy Bans Microsoft-Backed AI Chatbot
Italy's national data agency raised concerns about privacy violations and age verification, resulting in Microsoft-backed OpenAI taking ChatGPT offline. The Italian Deputy Prime Minister criticized the ban as excessive and harmful to national business and innovation. OpenAI stated it adheres to privacy regulations and is willing to cooperate with Italy's privacy regulatory body.
Bank for International Settlements Reveals Findings on Central Bank Digital Currencies
The Bank for International Settlements released its analysis report in which it evaluated central bank digital currencies globally.
Robinhood Plans to Roll out Beta Version of Crypto Wallet Feature in Jan 2022
Cryptocurrency and stock trading application Robinhood stated that it will start the beta phase of cryptocurrency wallets in mid-January 2022.
BNB Chain Announces Ecosystem Catalyst Award Winners
BNB Chain has announced the winners of its Ecosystem Catalyst Awards, recognizing key blockchain contributors in four categories: PancakeSwap, MAV Protocol, Izumi Finance, Helio Money, and Alpaca Finance, with the aim of driving innovation and collaboration.
Alchemy Snaps Up ChainShot as its First Acquisition
Blockchain infrastructure service provider, Alchemy has announced the acquisition of ChainShot, a crypto education platform to help complement its plethora of crypto-focused offerings.
Scroll Launches zkEVM Mainnet
Scroll unveils its zkEVM mainnet on October 17, enhancing Ethereum’s scalability and developer engagement. Employing zero knowledge proofs, it boosts transaction speeds and reduces costs, promising a near-identical Ethereum experience, without compromising security or decentralization. The launch follows extensive testing, with notable contributions to Ethereum Foundation’s Privacy and Scaling Explorations. The initiative eyes global developer adoption, advancing Ethereum’s Layer 2 solutions.
Blockchain Application in Healthcare to Cross $500 Million by 2022
Frost & Sullivan, a world-renowned firm that offers insights on disruptive technologies and economic changes, has revealed an analysis dubbed ‘Global Blockchain Technology Market in the Healthcare Industry, 2018-2022’ that blockchain investment is expected to surpass $500 million by 2022.
IRS Sends Warning Letters to Prevent Crypto Owners from Evading Tax
The Internal Revenue Service began sending warning letters out to cryptocurrency owners in the United States, announcing that taxpayers should be paying back taxes they owe or to file amended tax returns in regards to their cryptocurrency holdings.
Justin Sun's TRON to Receive $2 Million from US Government Aid Coronavirus Relief
Justin Sun’s Tron platform has obtained US government aid of more than $2 million in coronavirus relief. The ongoing coronavirus crisis has wreaked havoc in the US financial markets. Particularly small-sized businesses are suffering from the economic shutdown meant to slow down the spread of coronavirus. With hundreds of thousands of employees in danger of losing their jobs, the US government created the Paycheck Protection Program (PPP) to help small businesses stay afloat. The money does not need to be repaid.
Despite Zipmex Dilemma, Thai SEC Approved 4 New Digital Asset Operators
Even though one of Thailand’s leading digital asset exchanges, Zipmex, suffered from Celsius Network and Babel Finance’s financial woes, the Securities and Exchange Commission of Thailand has granted licenses to operate four other crypto companies in the country.
Why Ripple’s XRP Token Price Soared by 130% in a Month
Ripple’s XRP token has been on fire lately, surging by 136% in the past month. XRP's bullish rally is influenced by a few factors.
Bailout Might Not the Best Option for Saving Poor Crypto Projects, Says CZ
Binance boss Changpeng Zhao (CZ) said not all firms are meant to be saved, and he implied that this current economic meltdown that has rubbed off on the crypto industry is just a way to expose the firms without concrete business models.
What Will Be The State of Bitcoin Going Forward?
Dmytro Volkov, CTO of the international cryptocurrency exchange CEX.IO, has over 15 years ’work experience in IT, including over 10 years in financial markets. He has optimized the technology and processes at the CEX.IO exchange, as well as the trading and analytics systems and integrations with external systems. Equally, he has created the CEX.IO Broker platform to trade derivatives, an author of trainings on financial and tech topics as well as a speaker at industry-wide conferences.
Empowering Enterprise Blockchain Integration with Hyperledger and R3
Cyberport, being the digital flagship of Hong Kong has gained collaborations with other government-linked organizations, such as InvestHK. InvestHK is the department of the Hong Kong government responsible for foreign direct investment and for promoting Hong Kong’s status as the leading international business hub in Hong Kong.
Sri Lanka’s Central Bank Shortlists Three Tech Firms to Develop Blockchain PoC for KYC Optimization
The central bank of Sri Lank has selected three tech companies to develop a proof-of-concept for shared know-your-customer platform using blockchain.
Blockchain Deals Are Shifting from the US to China, CB Insights Report
Blockchain Deals Are Shifting from the US to China, CB Insights Report
How Can Blockchain Be Used to Save $31 Billion in Costs in the Food Industry?
Blockchain, along with the internet of things (IoT) trackers and sensors, could reduce costs for retailers. New data from Juniper research showed that blockchain will be essential to $31 billion in “food fraud savings” by 2024 by tracking food across the supply chain.
IMF Releases New Blog on the Adoption of Stablecoins
The International Monetary Fund (IMF) recently released a blog, “Digital Currencies: The Rise of Stablecoins” outlining the adoption of new digital payment methods.
Ethereum wallet Rainbow Raises $18M in Series A Funding
Ethereum wallet Rainbow has raised $18 million in Series A funding, led by Seven Seven Six.
Nvidia to Construct $200M AI Center in Indonesia, Boosting Local AI Talent
Nvidia collaborates with Indonesia's government and Indosat to establish a $200 million AI center aimed at infrastructure development and AI skill enhancement.
Australia and Singapore Authorities Completes Trial for Blockchain-based Cross-Border Document Verification
Australian and Singaporean authorities have conducted a blockchain trial for cross-border digital trade document verification.
Authentication of Medicinal Products Made Possible by Blockchain Technology
Kadena, a blockchain network, has partnered with Rymedi, a healthcare data platform provider, to validate the quality of medicinal products via blockchain.
eToroX: Leveraging Deep Liquidity and Stablecoins for Institutional Traders
Doron Rosenblum is the Managing Director of eToroX. We were fortunate to meet up with him at the Blockshow Asia 2019, where he discussed the advanced crypto functionalities of eToroX, liquidity, and regulation.
California Crypto Bill Seeks to Measure the Consumer Impact of Digital Assets
California’s Senate Banking and Financial Institutions Committee has unanimously passed Assembly Bill 2150 which will help define digital assets as well as to measure its potential impact on the state and consumers
Cardano Flags Suspicious Investment Claims of Individuals Posing as BTCNEXT Employees
The Cardano Foundation recently announced on their forum that they have received reports of suspicious claims from a group of individuals operating under the company BTCNEXT, a cryptocurrency exchange located in the Caribbean.
Former Binance Labs Head Bill Qian Joins Cypher Capital as Chairman
Dubai-based cryptocurrency investment firm Cypher Capital has hired former Binance Labs head, Bill Qian, as its chairman, The Information reported.
Helio Lending Faced with Non-Conviction Bond Over False Australian Credit Licence Claims
Helio Lending faced a non-conviction bond for falsely claiming an Australian credit licence, as revealed by ASIC. The Melbourne-based crypto lender's misleading act underscores the need for transparency in the growing crypto sector.
TRON Launches Sidechain Solution & Aims to List on Coinbase
Tron (TRX) announced the launch of Tron’s sidechain solution, the Sun Network, as revealed in the company’s blog on 11 August.
Multicoin Capital Injects $430m Venture Fund III for Blockchain Startups
Cryptocurrency investment firm Multicoin Capital has announced the launch of $430 million Venture Fund III to help startups focused on decentralized autonomous organizations (DAOs), open finance, Web3 infrastructure, and more.
Paxful Ready to Build on its African Market Success in 2020
Global peer-to-peer (P2P) Bitcoin marketplace, Paxful, believes that the world has much to learn from Africa about the future of the crypto-economy and that 2020 will be a landmark year for the African crypto and blockchain industry.
LocalBitcoins Cuts Fees to Zero for Ukrainians Both Locally and Abroad
To ease transactions amongst Ukrainians as they face the Russian Army Invasion in their nation, P2P Bitcoin marketplace LocalBitcoins has removed all transaction fees for them both locally and abroad.
Web3 Gaming Needs More Publishers to Gain Players’ Trust
Major firms in the Web2 gaming industry generally belong to two camps: game developers and game publishers. The lines between the two often end up blurred. In Web 3 era, the role of game publishers could be much more important.
Sui Foundation Allocates Over $1M to 17 Emerging Projects
The Sui Foundation has earmarked over $1.05 million for 17 new projects aimed at bolstering the development and adoption of Sui. This initiative encompasses a wide range of sectors within the Sui ecosystem, including DeFi, gaming, and on-chain solutions, showcasing the foundation's dedication to fostering innovation and expanding the decentralized platform.
Stakeholders in the Crypto Ecosystem Want US Regulator to Increase Bank's Crypto Capabilities
Stakeholders including the Silvergate Bank have responded to the OCC call recommending the regulator to improve US bank’s crypto capabilities.
Consensys Report: CBDC are Risk-Free Compared to Facebook Libra
In a recent white paper entitled Central Banks and the Future of Digital Money—Consensys offers an insightful and practical overview of the potential and risks of CBDC. The research paper also offers an example of how the Ethereum blockchain can be leveraged to design and build a CBDC and takes a deep dive into what the practical implementation of a CBDC would require.
Indian Minister Reveals Crypto Regulatory Measures to Tame Terrorism
G. Kishan Reddy, India’s Union Minister of State (MoS) for Home Affairs disclosed that the nation would incorporate the standards of the Paris-based Financial Action Task Force (FATF) to deter terrorism by cutting off funding sources, especially cryptocurrencies.
eToro’s Crypto Exchange eToroX to List Elrond’s eGLD Token
eToro’s will list Elrond’s native cryptocurrency eGLD on its cryptocurrency exchange, eToroX. eToroX is one of the largest regulated and licensed crypto exchanges in the market, and the listing of eGLD will make the token available to trade against more than fifteen cryptocurrencies.
What is Crypto Margin Trading & How Does it Work?
There are many different ways to trade cryptocurrency. You may have heard of “shorting” Bitcoin, margin trading, or trading with leverage. All of these terms refer to the same practice — leverage trading — but the interchangeable way they are used can make understanding how it works a little difficult.
Indonesia Officially Imposes 0.1% Tax and VAT on Crypto Income and Purchases
According to CNN Indonesia, Hestu Yoga Saksama, director of tax regulations at the Ministry of Finance, has confirmed that the government has decided to impose a 0.1% tax charge
Blockchain Against Corona: How the World Health Organization Uses DLT Compared to the Rest of the Globe
With disruptive technology including blockchain being continuously deployed to tackle the coronavirus COVID-19 pandemic, the World Health Organization (WHO) has chosen to partner with leading technology and blockchain companies to build a distributed ledger technology-based platform to share data.
Samsung Launches New Phone, Featuring Crypto Wallet Equipment
Samsung is showcasing its interest in the crypto space with the release of its new flagship phone Galaxy S22 Ultra.
Xpring Invests in Towo Labs To Develop Software for XRP Hardware Wallet
Xpring, Ripple’s investment arm and tech incubator announced in a recent report that it has invested in Towo Labs, a Swedish cryptocurrency self-custody startup, to develop a software that will support XRP on a hardware wallet.
Indonesian Government to Launch Crypto Exchange Soon
The Indonesian government is reportedly set to launch its own digital currency trading platform before the end of the year, after overcoming several delays.
HK's Official Blockchain Platform eTradeConnect to Terminate Operations
eTradeConnect, a blockchain-based trade finance platform supported by the Hong Kong Monetary Authority (HKMA) and twelve banks, is set to cease operations by the end of the month. Initially launched to digitalize trade documents and streamline operations, it has seen a decline in usage, leading to its impending closure.
Unibot Ends Partnership with Solana (SOL) Team, Cites Security Concerns
Unibot announces the end of its collaboration with the Solana team due to security concerns and a breach of trust, signaling a shift towards in-house development.
Bexplus Launches Up to 30% Interest Wallet, 100% Bonus Activity
With Bitcoin retake $19,000, the crypto market has gone wild. While the recovery of the global economy is stalled, the crypto market has seen large influxes of capital and investors. By the end of November, the total market capitalization of cryptocurrency has surpassed $500 billion.
Uniswap Labs is Working to Secure over $100M in New Funding
According to TechCrunch reports, Uniswap Labs is planning a new round of equity financing of 100 million to 200 million US dollars.
Pokemon Company Investigates Palworld for Alleged Plagiarism Amidst Success
The Pokémon Company investigates Palworld for alleged plagiarism after selling 8 million copies, challenging Pocket Pair, Inc. as they plan significant game updates, including cross-play and PvP features.
Xbox Teams with Inworld AI for Game Dev AI Tools
Xbox and Inworld AI have partnered to develop AI tools for dialogue and narrative creation, aiming to empower creators in the gaming industry.
$11 Million Raised by the Makers of CryptoKitties to Build a New Blockchain
The firm behind CryptoKitties, Dapper Labs has been able to raise a sum of $11.2 million from investors such as Andreessen Horowitz, Digital Currency Group, and Warner Music Group.
Ethereum’s DeFi Trades Skyrocketed in Q3 2020, but Bitcoin Volume Declined
A quarterly report from eToro indicated that while DeFi sector was bullish in 2020’s third quarter (Q3), Bitcoin trades decreased in contrast.
NexChange Interview Series: Dr. Patrice Poujol, Part 2
“Blockchain technology might not be the ideal system, but might be a conduit for humanity from a fish tank to the ocean.” Dr. Patrice Poujol: The day we came up with our press release, Wesley Snipes said he was launching his 25 million dollar tokenized movie fund. It’s stunning!
Anthony Scaramucci Suspends Redemptions of Legion Strategies Fund
Anthony Scaramucci, the founder of hedge fund SkyBridge, is suspending redemptions of his Legion Strategies fund due to operational difficulties for private companies caused by the sharp fall in the cryptocurrency market, according to Bloomberg.
Cardano Integrated into University of Zurich’s 2021 Blockchain Curriculum
The University of Zurich has announced that a course on Cardano will be integrated into their 2021 Blockchain Curriculum.
NEAR Foundation Announces 40% Workforce Reduction in Strategic Realignment
The NEAR Foundation has announced a 40% reduction in its workforce, impacting 35 team members, as part of a strategic realignment to focus on high-impact activities and further decentralize the ecosystem. Despite this change, the Foundation maintains strong financial health and a commitment to advancing key areas in the Web3 space.
Cyber L2 & SPACE ID Partnership Unveiled, Cyber Ecosystem Airdrop Announced
CyberConnect partners with Space ID to improve interoperability, support Cyber L2 scalability, and provide an ecosystem airdrop for token stakers, enabling faster on-chain transactions.
US Space Force Makes its Foray into the NFT Metaverse
The United States Space Force is launching an NFT series named after Neil Armstrong.
Mastercard and GrainChain Bring Blockchain Provenance to Commodity Supply Chain in Americas
Mastercard has announced a partnership with GrainChain, a blockchain-based supply chain management firm to enhance the commodity supply chain in the Americas
EU Ensures Russia Cannot Bypass Sanctions through Crypto, Says French Finance Minister Le Maire
French Finance Minister Bruno le Maire said the EU is looking for ways other than cryptocurrencies to impose sanctions on Russia, according to Reuters.
CoinShares Lists Chainlink, Uniswap ETPs on Germany’s Stock Market Xetra
CoinShares has launched new physically-backed exchange-traded products (ETPs) for Chainlink and Uniswap cryptocurrencies.
ChatGPT-4.0 Showcases Potential in Neurology with Impressive Exam Results
OpenAI's ChatGPT-4.0 passed a clinical neurology exam with 85% correct answers, showing promise for future applications in the field after further refinements.
Yonghui, Hema among supermarkets singled out by China's food safety watchdog for breaches
Market regulator highlights 11 cases where supermarkets and online platforms sold food products that did not meet national food safety standards
Algorand Implements Sustainable Carbon Offset Smart Contracts
Blockchain-based crypto platform Algorand said it will implement smart contracts that automatically offset carbon emissions, and use part of the transaction fees to offset its carbon emissions.
Five Things Everyone Should Know About Blockchain Benefits in Aviation Security
Recent news has brought blockchain’s role on spotlight in aviation security. Of course, blockchain provides bold promises, highly useful in aviation security, and therefore are worth to be investigated.
Bitcoin's Bull Run Above $50K Has Led to Profits for 99% of BTC Addresses
As Bitcoin soars to a new ATH price above $52,000, more addresses, namely 99% of them, has benefitted.
South Korea will Impose a 20% Tax on Capital Gains from Cryptocurrencies Next Year
The South Korean administration is not relenting on its quest to levy a 20% income tax on capital gains from crypto transactions in 2022 despite growing investor concerns for the taxation plan to be delayed.
"The Wars to Come," Blockchain - A Game Changer for Auditors
Blockchain technology has the potential to upend Audit, Assurance and Control functions —Auditors need to stay attuned to emerging use cases. As Role and skillsets of Auditors will change as new Blockchain-based techniques and procedures emerge.
SiGMA Europe Virtual Expo will focus on the European gaming and tech marketplace
SiGMA Group is excited to announce the launch of their November event, SiGMA Europe Virtual Expo. The online event, which runs from the 24th to 25th, will focus on the European gaming and tech marketplace.
Jihan Wu Regains Control Of China Bitcoin Miner Making Giant Bitmain
Jihan Wu has regained his status as legal representative and executive director of Bitmain stripping Micree Zhan of broad controlling powers.
Ethereum's Layer 2s Break New Ground in Scalability
Ethereum has seen a 22% rise in value as of September 2023, largely attributed to the emergence of Layer 2 solutions like BASE by Coinbase, which enhance scalability and user affordability on the network. Leading Layer 2 blockchains, Optimism and Arbitrum, have surpassed major Layer 1 blockchains in Total Value Locked, indicating a growing trust and utilization in the Ethereum ecosystem. Despite centralization concerns, the progressive strides in Layer 2 solutions are poised to bolster Ethereum's standing as a dominant smart contract blockchain.
Offshore Tax Invasion Continues to be Investigated by OECD
The Organization for Economic Co-operation and Development (OECD) thinks that cryptocurrency might be the solution in preventing large scale tax evasion activities that are ongoing all over the world.
Discover the Decentralization with the Experts in the Largest Crypto Owning Country-TURKEY
The second of the most comprehensive Blockchain and cryptocurrency conference in MENA and Eurasia will take place during two days in Istanbul on February 20-21, 2020 with the best international names in the sector. The conference will be the largest meeting in the region on behalf of the world of blockchain and cryptocurrency, with a wide range of topics focused on the financial technologies of the future, extensive networking opportunities and participation from more than 60 countries.
Sotheby's Metaverse to Launch Largest NFT Charity Auction with Sostento
Sotheby’s Metaverse announced that it has partnered with Sostento for the "biggest non-fungible token (NFT) charity auction ever".
JPMorgan Chase Upgrades Dell Technologies Rating, Eyes AI-Driven Growth
JPMorgan Chase & Co. upgrades Dell Technologies to Overweight, setting a new target price of $90, buoyed by its favorable position in the AI-driven compute investment cycle. Dell's strong market performance and anticipated benefit from the growing AI and ML focus in IT sectors signal promising growth prospects.
Exclusive: Neo Founder and Onchain CEO Da Hongfei on the Future of the Digital Economy with Blockchain
Blockchain.News interviewed Da Hongfei, the founder of the Neo blockchain, to understand more about the development of blockchain in China.
South Korea to Provide Blockchain-based Digital Identities to Citizens by 2024
South Korea plans to provide citizens' digital identities encrypted by blockchain with smartphones in 2024 to facilitate its economic development.
Fighting for Monetary and Financial Freedom
We look at three key aspects (money form, money issuance, and the flow of money) of our monetary and financial system where the blockchain technology may have a major impact
Crypto Exchange Anchex Raises $1M to Expand Customer Base
U.S.-based cryptocurrency exchange Anchex has raised its largest-ever investment of up to $1 million to expand the customer market.
Biden's Administration "Will Ultimately Be Supportive" of Bitcoin, says Circle CEO
Circle's CEO, Jeremy Allaire said on CNBC Squawk Box that he believes the Biden Administration will be more friendly towards Bitcoin and cryptocurrencies.
Formula1 Announces Pairing with Crypto.com as its Global Partner
Hong Kong-based cryptocurrency exchange Crypto.com is now pairing with racing car brand Formula 1 as a global partner.
EY Blockchain Analyzer Adds Explorer & Visualizer Solution to OnChain Data Investigator
Big-four accounting and auditing firm Ernst & Young has enhanced its blockchain analytics tool, the Explorer & Visualizer solution to investigate on-chain data
XRP Money Flows Into Bitcoin Fueling Parabolic Christmas Price Surge, Is $30,000 BTC Price Next?
Bitcoin (BTC) price has been on a parabolic bull run since the lead up to Christmas, adding over 50% to its value. But what is driving the price and is $30,000 next?
Quora's Poe Secures $75M for AI Chatbot Expansion
Quora has secured $75 million from Andreessen Horowitz to expand Poe, its AI chat platform, focusing on creator monetization and integrating leading AI models like ChatGPT and DALL-E 3.
Bangladesh Records First Blockchain-Based Remittance with Standard Chartered Bank
The partnership between Standard Chartered Bank, bKash of Bangladesh, and Valyou of Malaysia has given Bangladesh its first blockchain-based cross-border remittance service.
Metaverse Seen to Bring in Big Investments, Says Morgan Stanley
The metaverse is a booming investment topic, Morgan Stanley said in a research note, and stock sectors are already making the most of it.
Chainlink Flippens Bitcoin Cash by Market Cap, DeFi Push May Take LINK Price Even Higher
Despite a slight correction seen in the last few days, Chainlink (LINK) has continued to rally higher, reaching another new all-time-high, almost reaching $17.
Blockchain Transactions Affirm Suspicious Levels of RaaS Interconnectedness
Blockchain transactions confirm the interconnection between four prominent ransomware strains. A good sign for law enforcement to deter illicit money transfers.
Ark Invest's Wood Turned $100,000 Investment in Bitcoin to $7M
Cathie Wood said she currently owns over $7 million worth of bitcoin, which she purchased on the advice of Reagan-era economist Arthur Laffer, while it was trading at $250.
SFOX Working to Open Market by Facilitating Trading in Bitcoin Derivatives
Crypto prime brokerage SFOX said that they are working to open a market that facilitates banks and market makers to trade in bitcoin derivatives.
California Advances in Generative AI with New Report
The Newsom Administration's report on Generative AI outlines California's approach to regulating and embracing this technology, emphasizing education and workforce training for responsible use.
SAP Announces 2 Billion Euro Restructuring Plan Affecting 8,000 Jobs
SAP SE announces a major restructuring plan, allocating €2 billion to reorient 8,000 roles towards AI-driven business areas, in response to the rapidly evolving tech industry landscape.
Crypto Review 2021: Full of Uncertainty and Volatility
Before the end of 2021, Blockchain.News summaries serval key events and milestones that the crypto sector has witnessed this year.
Amun AG, on 7 Unique Metrics of Bitcoin Valuation
We have exclusively spoken with Lanre Jonathan Ige, Researcher of Amun AG on the limitations of traditional valuation approach and some unique metrics for Bitcoin valuation.
Robinhood Taps Chainalysis to Enhance Crypto Compliance
Robinhood has announced to pair with Chianalysis by getting compliance tools to enhance its crypto trading app ahead of the rollout of its crypto wallet.
3 Good Reasons Why Investors Should be Optimistic About the Future of Crypto
Amidst the ups and downs the market has experienced in recent times, here are the top three reasons to stay positive as the market journeys onto more maturity.
Decentralized Oracle Empiric Network Raised $7M Led by Variant
Decentralized oracle on StarkNet,an Ethereum Layer 2 network (a scaling solution) - Empiric Network has secured $7 million in funding led by Variant.
Cryptocurrencies Should be Given Room to Grow, Asserts IMF Chief
Christine Lagarde, the IMF Chief has asked financial players, such as central banks, to be open-minded when it comes to innovations, such as cryptocurrencies, as they should be given space to grow.
Bitcoin Bull Tim Draper Says Regulators Have Made IPOs Too Expensive
Speaking on Unitize panel, billionaire investor Tim Draper advised blockchain companies to avoid funding through an initial public offering (IPO) as regulators have made the process far too expensive.
PrimeXBT Review | Key Features Offered By Advanced Trading Platform
Reviews of trading platforms are essential in assisting traders with selecting the proper platform for their unique trading style, taste in trading instruments, and features that stand out as must-haves. It can save traders a great deal of time and money, by weeding out the platforms that don’t deserve a deposit.
Exclusive: Is Belarus the Heaven for Tokenized Exchanges?
In this interview with George Paliani, CBDO of Currency.com, we explored the fundamentals of the tokenization of assets and its underlying regulatory requirements. George explained that Currency.com isn’t just an ordinary exchange, where it is a platform with cryptocurrencies and traditional financial products such as commodities, indices, stocks, bonds.
Blockchain Has "Much More to Offer," Says Lufax Head
During CNBC’s East Tech West conference held in Guangzhou, China, Jun Lu, head of Lufax Technology Center, acknowledged that the optimal potential of blockchain was more exciting than what is offered by cryptocurrencies.
Empowering Civil Service with AI: CDDO's Generative AI Courses
CDDO offers online courses on generative AI for civil servants, enhancing digital competencies and promoting ethical AI integration in government operations.
Italy will tax cryptocurrency earnings 26%
Italy will restrict digital currencies in 2023. Cryptocurrency trading earnings above 2,000 euros ($2,062) will incur a 26% capital gains tax. As "foreign money," digital currencies have enjoyed reduced tax rates. Portugal wants to tax cryptocurrency capital gains at 28%.
Huawei Secures Deal with One of China's Districts to Accelerate the Application of Blockchain Technology
The Nanshan government of Shenzhen, in the southern Guangdong province in China, has recently announced an agreement with electronics giant Huawei Technologies to establish an information technology center, accelerating the application of technologies including blockchain, artificial intelligence in the district.
Telegram Prohibited from Issuing Gram Tokens as US Court Grants SEC's Injunction
A United States District Court has sided with the US Securities and Exchange Commission (SEC) granting an injunction against Telegram to to temporarily prevent the company from issuing its Gram tokens.
US SEC Lists Priorities for Crypto Examination in 2020
The SEC’s Office of Compliance Inspections and Examinations (OCIE) has published a list of its 2020 Examination Priorities and cites ongoing risks surrounding digital assets and their transfer agents for US retail investors.
Over $30 Billion Lost to Blockchain Hacks, Reveals SlowMist Hacked Statistics
According to a research by SlowMist Hacked Statistics, the total amount of money that has been stolen from blockchains is an astounding $30,011,604,576.24. This information comes as a stunning surprise.
H.K.-based CMCC Global's Crypto Fund Targets $300M, Drawing Tycoon Richard Li's Attention
The CMCC Global Asset Management Ltd's target of $300 million in assets for its latest crypto fund is attracting investors like Hong Kong tycoon Richard Li, allowing them to bet on blockchain and its applications.
Jul 6: Make it or Break it?
BTC managed to close above $9k and getting bid early as Asia opens up with stocks in the region moving higher. We did see $9K getting breached twice over the weekend but bears haven't had enough strength to push for a sustained move lower.
South Korea Strengthens the Supervision of Crypto Exchanges,Nearly Two-thirds of Exchanges Forced to Close with $2.6B in Losses
Financial Times reported the South Korean Financial Services Commission (FSC) has begun to tighten the supervision of local and overseas cryptocurrency trading platforms in South Korea, resetting a new deadline on September 24.
UK Considers New DeFi Tax Regime
The UK's taxation arm of the Treasury, HM Revenue and Customs, has launched a consultation seeking input from individuals and entities engaged in DeFi activities on a possible new tax regime. Under the proposed changes, crypto used in DeFi transactions would not be treated as a disposal for tax purposes, but a Capital Gains Tax would be triggered when cryptocurrencies are disposed of in a non-DeFi transaction.
Crypto.com Appoints Former Visa Country Manager Patrick Yoon in Charge of South Korea Operations
Cryptocurrency exchange Crypto.com appointed Patrick Yoon, former Visa country manager, as the general manager of the South Korea region to be in charge of the market in South Korea and Mongolia.
IBM Blockchain Technology Used for Salmon Traceability By Cermaq and Labeyrie
Conscious consumerism is a term continuously making waves because people are becoming more keen on what they consume. For instance, they are concerned about the origin, safety, and nutritional value of what they drink and eat.
Meta Introduces Digital Collectibles NFT Features on Instagram & Facebook
Meta, the parent company of Facebook and Instagram, announced that everyone on Facebook and Instagram in the US can now connect their wallets and share their digital collectables.
Aleph Zero Launches $50 Million Ecosystem Funding Program
Aleph Zero, a layer-1 privacy-enhancing blockchain, has launched a $50 million Ecosystem Funding Program to support developers in building on its platform and advancing blockchain adoption globally. The program offers grants, incubation, and acceleration, with successful applicants receiving up to $500,000 per project in grant funding, as well as access to a venture capital pool, infrastructure credits, and security design consultations. The program has already produced a range of successful projects during its pilot phase.
United States’ Third Largest Bank Wells Fargo to Reveal Coin in 2020
USA’s fourth-largest bank has announced it will develop its own cryptocurrency for international transfers in 2020.
Bitcoin Rallies Back to $50,000 on Backing from Ark Investment CEO
Bitcoin (BTC) surged to $50,000 after nosediving to lows of $45,000. Cathie Wood, the CEO of Ark Investment Management, trusts that this correction is healthy for the market.
Bitmex to Layoff Employees a Week After CEO Takes Exit
Bitmex has reduced its number of employees as part of a strategy to move away from the company's "beyond derivatives" model.
Solana Spaces to Close Down Stores
Solana Spaces shuttered its two Solana-themed retail outlets in New York and Miami after seven months, citing a shift in investment emphasis.
Axie Infinity's Ronin Network Expands with New Games
Sky Mavis has announced that four gaming studios will be launching games on the Ronin Network, expanding its native gaming ecosystem. The move is aimed at creating more community-centric, rewarding, and fun gaming experiences while also attracting more users to the Web3 space.
Ukraine Legalizes Bitcoin amid Intensified Tension with Russia
The Ukrainian parliament unanimously voted to legalize Bitcoin and cryptocurrencies by passaging a Virtual Assets law on Thursday, amid the intensified tension with the potential military conflicts with Russia.
ChatGPT in Education: Revolution or Risk?
Exploring the transformative impact of ChatGPT in education, this analysis delves into its potential benefits and looming concerns. From reshaping online learning to ethical implications, the role of AI in classrooms is under scrutiny.
AI-Generated NFT Collection to Preserve Ukrainian Art and Offer Humanitarian Support
Through a global coalition of advocates, digital innovators, artists, and educators, an AI-generated NFT collection has been established to conserve Ukrainian art and raise funds for humanitarian aid.
When China Yuan Sneezes, Bitcoin Wears a Mask
My thesis continues to be that larger accounts (i.e. whales who own > 1000 BTC) have started to liquidate (which I shared yesterday that this number have continued to decline for the past two weeks), and potentially chase/re-allocate into equities.
Is YouTube Sensation PewDiePie a Tron and BitTorrent Shill?
PewDiePie has often had to turn to sponsors for income since the adpocalyspe on YouTube. Notable sponsors include GFuel energy drink and Origin computer products. This year, PewDiePie announced a new sponsorship with Tron and BitTorrent that has attracted the attention and suspicion of the crypto world.
APENFT Foundation Announced The Second Call of its $100 Million Art Dream Fund.
APENFT Foundation announces that the second call of its $100 million Art Dream Fund will launch on August 1st, and registration will close on October 30th. The theme for this year’s call is "Post-Human Era." This theme seeks to explore whether the future of humanity can transcend traditional self-centered humanism and how people should position themselves in a complex ecosystem consisting of non-human animals, plants, and cyborgs. Winners will be eligible to win from a prize pool of over $100,000. In addition to prizes, creators will also enjoy the opportunity to build their art studios in The Sandbox, a metaverse set to launch by APENFT and TRON. Creators will also be able to get involved in annual online and offline exhibitions curated by APENFT, workshops, artist residencies, and other educational events.
Crypto Exchange CEX.IO Named as Top 10 Safest Crypto Exchanges by CryptoCompare
Cryptocurrency exchange CEX.IO is named in the top 10 safest cryptocurrency exchanges by CryptoCompare.
Bitcoin Drops Down Nearly 50% from its Peak-Where is the Key Support Level?
The largest mainstream cryptocurrency Bitcoin continues another round of sell-off after a roller-coaster week trading. On Sunday, Bitcoin's biggest drop reached to 18% and fell to the lowest $31,111. This price was almost half of the $64,854 Bitcoin hit its All-Time High (ATH) on April 14 this year.
Bitcoin Evaporated 30 Billion Market Cap Amid Coronavirus Pandemic and Bearish Economic Outlook
There's a sea of Red for stocks and cryptocurrencies this week. Bitcoin has dipped below USD $6000 for the first time since May 2019. The selloff of cryptocurrencies has extended to altcoins which the price of Ethereum and Bitcoin SV have dropped 30% and 40% respectively.
Cardano Nodes Go Offline for Half an Hour
Stake pool operators reported 50% of Cardano nodes disconnecting and restarting due to anomaly. Cardano's fintech business is investigating the anomaly's cause.
AI Transforming Cybersecurity Landscape: Key Challenges and Solutions
AI is transforming the cybersecurity landscape in 2024 with advanced threat detection, zero-trust architecture, and generative AI, while facing challenges like adversarial AI and regulatory complexities.
Trump Outraged: Jack Dorsey Faces Senate Subpoena After Twitter Blocks Biden Ukraine Scandal
CEO Jack Dorsey is to testify about the recent incident where Twitter blocked a NY Post news disclosing sensitive information on Joe Biden's scandal in Ukraine.
Ethereum Research Forum Enhances Visibility for Interdisciplinary Collaboration
Ethereum Research Forum is initiating measures to boost visibility and collaboration across various academic disciplines to enrich the Ethereum ecosystem.
Over 70% Accuracy: ChatGPT Shows Promise in Clinical Decision Support
A study assessing ChatGPT's utility in clinical decision-making found it has a 71.7% overall accuracy in clinical vignettes, excelling in final diagnoses with 76.9% accuracy. This highlights its potential as an AI tool in healthcare workflows.
Fintech-Ideas brings blockchain functionality to its range of platforms
Enterprise software developer Fintech-Ideas has integrated a suite of blockchain tools to its SaaS offerings. The provision will enable businesses to utilize powerful web3 features such as tokenization, NFTs, and distributed storage.
Standard Chartered Expands Business by Joining Crypto Family
Standard Chartered, the British multinational bank (MNB), announced Wednesday that the corporation has joined and followed the cryptocurrency trend.
Vitalik Buterin: Libra is a Real Wake-up Call for Governments
Libra has been hit with yet another wave of attack that could lead to a possible set back coming as a result of fresh resistance from regulatory bodies across the globe.
Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry
TikTok, the multibillion-dollar video sharing platform popularized by millennials and Gen Z, has chosen Oracle Corporation as its tech partner over Microsoft.
Samsung Adds New Crypto Feature to Their Devices with “Stellar” Blockchain
Samsung device users can now securely store the private keys of their cryptocurrency wallet on their phone, with a recent add-on feature by the Stellar Development Foundation (SDF).
Chinese Military Likely to Employ Blockchain Management to Improve Performance
A report on Nov. 18 from the Chinese media Global Times, has stated that the Chinese military is likely to adopt blockchain technology to ensure proper management of personnel data, improve their training and performance in mission.
Arbitrum Community Pilot: Voting on the Distribution of 25 to 45 Million ARB in Long-Term Incentives
Arbitrum community votes on a pilot program to distribute 25 to 45 million ARB tokens as long-term incentives to protocols on its platform, aiming to enhance ecosystem growth and innovation.
Bitcoin Ransoms Doubled in 2019, New Report Warns Investors
Crypsis Group, a crypto forensics firm, noted in a recently released security report that crypto-ransoms, such as those involving Bitcoin, rose almost 200 percent for last year, compared to 2018.
Taiwanese Authorities Caution Against Crypto Betting for 2024 Presidential Election
Taiwanese authorities warn against using cryptocurrency betting platforms for the January 2024 presidential election, amid ongoing investigations and multiple arrests.
US Elections Need Blockchain: What Happened with the QFS Conspiracy and Voter Fraud Claims
The presidential election has been complicated, as a portion of the ballots collected were done through mail, as Trump has reiterated his stance on voter fraud.
Italy Blocks OpenAI ChatGPT Over Data Breach Concerns
Italy’s data protection agency has temporarily blocked OpenAI’s ChatGPT due to suspected data privacy breaches following a recent data breach on March 20. The agency also cited concerns over the lack of information for users regarding data collected by OpenAI and the lack of legal basis for mass data collection by the AI platform. In addition, ChatGPT's potential breach of its own data protection rules and the risk to minors who may be exposed to unsuitable content were also highlighted. The Center for Artificial Intelligence and Digital Policy has filed a complaint against ChatGPT, describing it as "biased" and "deceptive" and a risk to public safety and privacy.
Blockchain Association Seeks Information on De-banking of Crypto Companies
The Blockchain Association has filed Freedom of Information Law requests to the Federal Housing Finance Agency and the New York Department of Financial Services, seeking more information on the de-banking of crypto companies after the closure of Signature Bank and the failure of Silvergate Bank.
Indicio Secures $3.5m to Expand Blockchain Technology to Validate Digital Credentials
Seattle startup Indicio has announced a $3.5 million seed round led by Hard Yaka.
TRON Toasts Tether Takeover in Bumper Year for Blockchain Network
2020 will go down as a good year for crypto and a very good year for TRON. While the entire industry came on in leaps and bounds, the progress made within the ever-expanding TRON ecosystem was particularly impressive, giving even its skeptics pause for thought.
BNB Chain Dominates Q1 2023 Rug Pull Scams
According to a report by blockchain security firm Immunefi, BNB Chain saw 73.3% of all rug pull scams in the crypto ecosystem during Q1 2023. The report also revealed that BNB Chain and Ethereum were the two largest targets for hackers and scammers, with 68.8% of total losses from these networks combined.
Brazilian fintech giant XP Inc Launches Crypto Trading Platform XTAGE
Brazilian fintech giant XP Inc has announced the official launch of the XTAGE cryptocurrency trading platform in Brazil, opening the door for more than 3.6 million potential users to invest in the cryptocurrency market.
NSA Whistleblower Edward Snowden Might Return to US as President Trump Considers Pardon
US President Donald Trump is considering an executive pardon for NSA whistleblower Edward Snowden after 7 years of exile in Russia. Snowden has been an advocate of Bitcoin for some time and most of the servers he used to leak the sensitive information were paid for in Bitcoin.
Securities Clearing Firm Euroclear Invests in Fnality, Advancing Distributed Ledger Technology
Euroclear Group has invested in Fnality, an international consortium of global banking and financial market infrastructure, to advance distributed ledger technology (DLT) to support the adoption of tokenized assets and markets.
Crypto Miner HIVE Blockchain Rebrands to Drive AI Expansion
HIVE Blockchain Technologies Ltd. has declared its plan to strategically rebrand, including a transition to the new name "HIVE Digital Technologies Ltd." This rebranding initiative is designed to mirror the company's progression into the realm of high-performance computing (HPC) data centres, utilizing Nvidia's superior Graphics Processing Unit (GPU) chips to tap into the burgeoning trend of widespread adoption in the field of Artificial Intelligence (AI).
Mining company Argo Blockchain to Launch Flagship Mining Facility in Texas
The London-listed Bitcoin mining company Argo Blockchain will officially launch its flagship mining facility Helios in Texas next week.
Animoca Brands Releases Key Unaudited Financial Report, Portfolio investments Worth Over $1.5Bn
Hong Kong-based Animoca Brands has released an unaudited financial report. $573 million was recorded for its bookings and other income for the first four months of 2022.
Recap on 2019: What Does the World Think of Central Bank Digital Currencies?
The European Central Bank has recently developed an “anonymity voucher” to safeguard potential central bank digital currency (CBDC) users’ privacy for low-value retail transactions, while ensuring that high-value transfers are subject to anti-money laundering (AML) approvals.
Russian Finance Ministry on Track to Legalize Crypto for Cross-Border Payments
The current economic landscape in Russia is forcing both the Central Bank and the Ministry of Finance to rethink their approaches to cryptocurrencies.
Hong Kong Government Alerts Public to AI-Generated Scams Featuring Deepfake of Chief Executive
The Hong Kong government warns against AI-generated scams, including a deepfake video of Chief Executive John Lee, urging public vigilance and caution.
German Authorities Clamps Down on 'Shitcoins club' Bitcoin ATM Operations
Germany’s financial regulator (BaFin) has moved to stop the operations of Shitcoins Club, a popular Bitcoin ATM operator in the country.
World Economic Forum Launches New Blockchain Toolkit for Supply Chains to Support the World Through Post-COVID Economic Recovery
The World Economic Forum (WEF) has just released its Blockchain Deployment Toolkit, aiming to enable companies of any size to be able to maximize the benefits of integrating blockchain technology in the supply chain sector. The toolkit allows companies to be able to get a better idea of how to handle deploying blockchain technology in regards to supply chain uses.
Blockchain.com Signs Dallas Cowboys quarterback Dak Prescott as Brand Ambassador
Cryptocurrency exchange Blockchain.com has announced that it has entered into a multi-year partnership with Dallas Cowboys quarterback Dak Prescott of the National Football League.
Hong Kong Fintech Week 2019
Hong Kong Fintech Week is an international fintech event. This year, it is moving to a bigger venue – AsiaWorld-Expo to accommodate a greater variety of programmes, business events, exhibitors and attendees. It is expected to attract over 8,000 industry leaders and gather more than 200 top-notch speakers, including fintech entrepreneurs, investors, regulators and academics, over 400 media and 100 fintech exhibitors.
Making a Difference in Africa: Paxful Unveils Bitcoin Donation Fund to Overcome Coronavirus Pandemic
Paxful aims to provide support in Africa to address the coronavirus outbreak.
Fed Rate Hike Unclear, Bitcoin Falls Below $21,000
The largest cryptocurrency, bitcoin, tumbled more than 9 percent to below $21,000, hitting a new low in late July. Bitcoin also posted its biggest one-day drop since June.
Joe Weisenthal: Only Point of Bitcoin Is to Do Transactions “THE MAN Doesn’t Want You to Do”
Former Business Insider executive editor and current Bloomberg Business editor Joe Weisenthal had some interesting things to say about bitcoin and blockchain.
SafeMoon CEO's Bail Release Suspended Due to Flight Risk Concerns
SafeMoon CEO Braden John Karony's bail release has been postponed due to potential flight risk and community danger following allegations of financial fraud and money laundering.
Decentralized Exchanges—UniSwap vs SushiSwap Explained
A quick insight into the world of decentralized exchanges and the ongoing war between Uniswap and Sushiswap.
Bank of Japan Now Considers its CBDC Project a Top Priority
A review of the recent uptick in activities and as confirmed by a Bank of Japan’s senior official, Japan now considers its CBDC project a top priority
UMA, XRX, and FUN Gain Over 100% As Best Crypto Performers this Week
As the global crypto market saw increased gains this week, UMA, ZRX, and FUN lead the rallies with more than 100% weekly gains each.
Cardano Deploys Allegra Hard Fork Seamlessly Through HFC Technology, ADA Rallies 12%
Cardano has successfully reached epoch 236, and with this new epoch, the network has gone through a protocol update, which includes the Allegra hard fork.
BVNK Raises $40M in Series A Round Led by Tiger Global
Cryptocurrency startup BVNK has raised a $40 million Series A round led by Tiger Global.
Crypto Businesses Given the Green Light to Set Up in Dubai’s Free Zone
Following a memorandum of understanding (MoU) between the Dubai Multi-Commodities Centre (DMCC) Free Zone and the Securities and Commodities Authority (SCA), crypto businesses have been granted the liberty to operate in DMCC once registered licenses are granted.
Snowcrash Launches NFT platform, Working with Sony Music Entertainment and Universal Music Group
Solana-based NFT marketplace Snowcrash announced a partnership with Sony Music Entertainment and Universal Music Group by launching an NFT trading platform.
Cere Network unveils Vision 2.0 primed to be a key driver of Web3 infrastructure adoption in 2023
Cere Network, a leader in Decentralized Data Cloud (DDC) platforms, announced today the launch of Vision 2.0 to update supporters on its mission for truly decentralized Web3. The Vision 2.0 release follows the launch of Cere Network’s new website, which displays an array of exciting technology updates along with partnerships and applications in the pipeline.
FTX Exchange Announces Customer Claims Portal and Deadline for Filing Claims
FTX Exchange has launched a Customer Claims Portal for filing proof of claims. The deadline for submission is September 29, 2023, at 4 pm ET.
Blockchain-Based Tenancy Platform via REIQ-Igloo Collaboration in Australia
Real Estate Institute of Queensland (REIQ) has partnered with an Australian technology firm, Igloo in setting up a blockchain-based tenancy platform that will propel productivity and efficiency in Queensland's real estate sector.
Crypto for Sex: Blockchain Takes Off in the Adult Entertainment Industry
Cryptocurrencies have become increasingly popular in the adult entertainment industry, as it can guarantee a high level of anonymity to its users, especially for pornography-related businesses.
Coinbase Wallet Takes a Step Further by Letting Users Earn Interest with New DeFi Integration
Coinbase’s mobile app Coinbase Wallet has previously enabled the access of decentralized applications, Dapps, the crypto giant has taken one step further in the decentralized world. Coinbase has recently announced that the integration of decentralized finance (DeFi) applications will be made available directly via the Coinbase Wallet on both iOS and Android.
Bali-based Ekta Secures $60m from VC GEM
Bali-based Ekta has secured $60 million in funding from venture capital firm Global Emerging Markets (GEM), despite a downturn in the crypto market.
Bitcasino Launches World Cup Campaign with Raffle Prizes, including VIP Match Tickets
Bitcasino, one of the most popular crypto casinos, is celebrating this year's FIFA World Cup in Qatar with a three-round raffle campaign for its players, occurring between June and September. Three lucky players will win World Cup VIP packages consisting of match tickets, yacht cruises, and 5-star accommodation and business class flights. Moreover, the platform will give out 25 other prizes during each round, including iPhones, iPads, Airpod Max headphones, and USDT rewards.
Top Indonesian Football Club Enters the Blockchain Gaming Arena, Partnering with LGG
To offer its fans new experiences in the blockchain gaming sphere, two-time Indonesian football league champion Persib Bandung has partnered with Liberty Gaming Guild (LGG).
Heath Tarbert Joins Circle as Chief Legal Officer and Head of Corporate Affairs
Circle Internet Financial has appointed Heath Tarbert as its new chief legal officer and head of corporate affairs, effective from July 1, 2023.
Stablecoin and Its Potential Business Uses
Blockchain innovation has significantly changed the way we thought in the traditional financial sector. All of those concepts and business models, such as decentralization, cryptographic tokens, and digital ledger, also brought us more imaginations toward the future forms of money.
DeFi Project HUMAN Protocol Launches Routing Protocol for Data Contribution
DeFi project HUMAN Protocol launched a new blockchain coordination layer called Routing Protocol, which aims to improve the data contribution function on the blockchain.
Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money
Central Bank Digital Currencies (CBDC) could be the most important payment trend in development with the most profound effects on our systems of payment and money issuance according to Cuy Sheffield, Visa’s head of cryptocurrency.
OpenAI Expands Global Reach with Media Partnerships in France and Spain
OpenAI joins forces with prominent French and Spanish media outlets to enhance real-time, authoritative news content delivery in multiple languages.
The web3 gaming company Kryptomon partners with Unstoppable Domains
The web3 gaming company Kryptomon which develops the living-NFT-powered metaverse game combining Play-and-Earn gaming mechanics, announced today its partnership with Unstoppable Domains, the leading provider of Web3 domains.
US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela
U.S government has tapped Circle’s USDC stablecoin to offer foreign aid in Venezuela through President-elect Juan Guaidó exiled government.
Shanghai High Court Pilots Blockchain Technology to Record Hearings for Court Reform
Shanghai’s high court has started using blockchain technology to record hearings as part of its court record reform pilot. During the meeting on the reform of court records, participants took part in observing the whole process of the court trial of a dispute over the equity transfer contract heard by the Shanghai Minhang District People’s Court.
Nigerian President-elect's Manifesto Includes Blockchain and Crypto Regulations
Nigerian President-elect Bola Tinubu has released a manifesto proposing the implementation of blockchain technology and cryptocurrencies in Nigeria's banking and finance sector. The manifesto suggests reforming existing Nigerian Security Exchange Commission regulations to create a more business-friendly framework for regulating digital assets. The proposed regulations would require digital asset companies to register with the SEC and comply with SEC regulations. The release of the manifesto coincides with the increasing adoption of cryptocurrencies in Nigeria, with the government hoping that the proposed SEC regulation reforms will attract more investors in the digital and economic sectors and stimulate economic growth.
Russia's Central Bank Plans to Launch its CBDC-Digital Ruble across all Banks in 2024
The Bank of Russia launched a digital ruble experiment in 2022 to explore business models and innovative use cases for central bank digital currencies (CBDCs).
Binance in Talks With Nigeria to Develop Blockchain Hub
Nigeria and crypto exchange Binance are in talks to establish a digital hub like the Dubai virtual free zone to propel blockchain growth in the country, according to the Nigeria Export Processing Zones Authority.
CoinCodex and CoinGecko Break CoinMarketCap's Monopoly on Cryptocurrency Rankings and Price Tracking
Since the release of Bitcoin in 2009, the cryptocurrency industry has continued to evolve to the extent that major banks like JP Morgan Chase have started supporting crypto businesses. This trend has created avenues for various cryptocurrency comparison sites that list prices, market cap, trading volume, and coins in real-time. Nevertheless, this field is no longer a one-stop shop because CoinGecko and CoinCodex have come up, and they are giving CoinMarketCap a run for its money.
Bitcoin Whales Surge as Economic Inflation Meltdown Looms, Over 2000 Wallets Now Hold Over 1000 BTC
On-chain analytics data confirms that Bitcoin whales are forming quickly, likely as economic inflation looms.
Blockchain-Based Voting Could Solve Trump and Biden Presidential Election Dispute
The US Presidential election is coming to an end, although results are still being anticipated. This is how blockchain can change the voting system.
Bitfinex and Tether Face Market Manipulation Class Action Lawsuit
Roche Freedman, New York-based legal firm, filed a class-action lawsuit on behalf of those who own cryptocurrency against Bitfinex and Tether and others for crypto market manipulation and creating the largest bubble in history.
China's Bitmain shows Bitcoin Mining remains Profitable After Posting $300 Million in Revenues
Bitmain, one of the largest mining equipment makers globally, has reported revenues of $300 million thus far in 2020. While its business has faced turmoil in recent times, the core strategy continues to reap benefits.
Bank of Thailand Warns Against the Use of Digital Currencies Payments
The Bank of Thailand warned against the use of digital currencies as legal tender.
R3 CTO Explains—Permissionlessness: A Simple Concept With Profound Implications
Consider some of the unusual or unique things about the Bitcoin network. First, if you have an internet connection then you can transact using Bitcoin without needing the services or approval of anybody else to do so. Secondly, if you run a full node, there’s nobody upon whom you must rely to validate any information you receive; you can fully check it for yourself.
OpenAI Announces Call for Experts to Join its Red Teaming Network
OpenAI is launching its Red Teaming Network, seeking domain experts to improve AI safety measures. The network aims to collaborate with professionals from diverse fields to evaluate and "red team" AI systems. The network will provide insights into risk assessment and mitigation, with members contributing varying amounts of time. OpenAI values diverse expertise and encourages applications from various domains.
Axon Explores Blockchain to Fight Body-Cam Deepfake Videos
Axon Enterprise Inc, a leading manufacturer of body-cams for United States law enforcement agencies has produced new cameras enhanced with blockchain technology in an attempt to thwart ‘deepfake’ videos.
Crypto.com Plans Multi-million dollar Renovation of Staples Center
Singapore-based crypto exchange Crypto.com plans to renovate a series of updates to its iconic arena, the Staples Center, including renovations of giant screens and concession stands, and a terrace overlooking downtown Los Angeles.
Mastercard to Enable Payments for NFTs, Web3
Mastercard has announced that the payment firm is working to enable NFT commerce with Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway, and Web3 infrastructure provider MoonPay.
Square to Build a New Open Developer Platform Focusing on Bitcoin
Square CEO Jack Dorsey announced on Twitter that the company is actively creating a new decentralized financial services business platform, mainly focusing on Bitcoin and other mainstream virtual currencies.
South Korea Intensifies Blockchain in Banking but Rules Out Digital Fiat Currency
Wide application of blockchain technology is expected to affect people’s lives, business, education, governance, and other sectors. That is the reason, many countries explore and even deploy the huge potential of this technology. But the latest trend of the technology seems to have taken a new twist in South Korea. Now let’s find out why South Korea continues adopting blockchain in banking but rejects rolling out digital fiat currency.
Holograph Integrates LayerZero To Facilitate Holographic Omnichain NFTs That Beam Across Blockchains
Holograph, the omnichain interoperability protocol for minting and bridging non-fungible tokens (NFTs), is partnering with LayerZero to deliver its patented ‘holographic’ bridging solution that seamlessly beams tokens across blockchains with complete data integrity, including persistent smart contract addresses and token IDs.
North Korean Crypto Thefts in 2023: A $700 Million Cyber Menace
North Korean groups were linked to 33% of 2023's crypto thefts, stealing up to $700M. Their methods evolved, involving crypto mixers and converting assets to Tether or Tron, highlighting the ongoing cyber threat from DPRK.
Risk or Opportunity: Uniswap's UNI Rose by 133% and SushiSwap by 143% in the Past 12 Days
Uniswap's UNI token has surged by 133% in the past week, with SushiSwap rallying and recording its own increase of 143%.
Britain to Introduce New Bill to Crack Down on Crypto Crime
The U.K. Parliament passed the first readings of an anti-money laundering bill against crypto, which aims to empower law enforcement agencies to seize, freeze or recover crypto in illegal activities.
BitBay Exchange Plans to End Market Trading of Monero on its Platform
As reported by BitBay on November 25, the cryptocurrency exchange platform will stop offering market support for the privacy-focused coin Monero, starting from November 29.
Is the Price of Bitcoin Satoshi Vision (BSV) Driven by Fake News?
The BSV (Bitcoin Satoshi Vision) price chart is peculiar to analyze. Given the state of cryptocurrency investment, it is safe to say that a large influencer of crypto value is derived from speculation, and BSV is plagued by speculation as its chain leader, Craig Wright, continues to claim that he is Satoshi Nakomoto—the anonymous original creator of Bitcoin.
Chinese E-Commerce Giant JD.com to Build CBDC Digital Wallet to Support China’s DCEP
JD.com has recently partnered with the People’s Bank of China Digital Currency Research Institute to build mobile apps and wallets to support China’s CBDC.
Mark Cuban Says Crypto Startups With Good Fundamental Will Thrive
Mark Cuban, an Ethereum maximalist and owner of the Dallas Mavericks basketball team, is backing projects with positive fundamentals in the space to thrive longer.
Transforming Asset Management: The Impact of Generative AI
Mohamed El-Erian, a Cambridge economist, highlights the dual impact of generative AI on asset management, predicting job creation and displacement, and emphasizing the need for firms to adapt.
Aerospace Giant Honeywell Streamlines Aircraft Documentation Processes with Blockchain
Honeywell, a US-based tech company offering industry-specific solutions, is solving burdensome aircraft record processes using a digital blockchain ledger. This approach is transforming the aerospace industry by availing an easy user interface in the search for and retrieval of scattered data.
Filecoin (FIL) Price Analysis – March 26,2021
The recent Chainlink integration with Filecoin has served to push Filecoin's price up. Currently, it seems likely that FIL will break the resistance of $96.
PARSIQ Integrates Chainlink Oracle Price Feeds to Trigger Off-Chain Actions and Trading Decisions
Blockchain monitoring and automation platform PARSIQ has integrated Chainlink price oracles to trigger off-chain actions and trading decisions.
Australia to Continue Treating Cryptos as Assets
According to the Australian government's budget announcement on Tuesday, legislation will be put upon treating digital currencies such as bitcoin as an asset.
OpenAI to Host First Developer Conference, DevDay, on November 6, 2023
OpenAI is set to host its debut developer conference, OpenAI DevDay, on November 6, 2023, in San Francisco. The event aims to unite global developers and showcase the latest AI tools. The event will feature breakout sessions led by OpenAI's technical team, and will showcase the company's commitment to innovation and empowering its community.
Mixin Network Suffers $200 Million Hack
Mixin Network's cloud service provider database was hacked on September 23, 2023, leading to a loss of approximately $200 million. Blockchain security firm SlowMist is aiding in the investigation. Deposit and withdrawal services have been temporarily halted on Mixin Network.
Arbitrum Discord Server Hacked for Phishing Attack
Hackers dropped a phishing link on Arbitrum's official Discord server, prompting users to enter personal information. The link misspelled the name of the platform as "Arbtirum." Investors are advised to be cautious of unrealistic claims and deceptions.
VanEck, SolidX Bitcoin ETF Proposal Withdrawn by CBOE from SEC Review
On September 17, the US Securities and Exchange Commission (SEC) officially announced that the Chicago Board Options Exchange’s (CBOE) Equity Exchange had withdrawn its application for the VanEck/SolidX bitcoin ETF proposal on September 13.
Lido Finance Community Votes on Critical Governance Proposal
Lido Finance community members cast their votes on a pivotal governance proposal, shaping the future direction of the staking platform.
India's Proposed Crypto Tax Rules May Become Law
India's proposed crypto tax rules may become law tomorrow through parliament.
BAYC says Discord Server was "Compromised"
Bored Ape Yacht Club (BAYC) announced through Twitter that its Discord server was hacked.
Bitcoin Plunges Over 11% Decline with $141.4M Outflow from Institutions
Bitcoin suffered its biggest decline in 10 days which has fallen by 11.19% in the past 24 hours, with the net outflow of institutions reaching a record of $141.4 million last week.
Ondo Foundation Unveils ONDO Points and Token Unlock Plan
The Ondo Foundation introduces Ondo Points to enhance community engagement and proposes an unlock plan for ONDO tokens, advancing its mission in the DeFi space.
Ripple (XRP) CEO on How China Is Controlling Bitcoin and Will Potentially Dominate All Cryptocurrencies
Ripple CEO Brad Garlinghouse explained why the majority of Bitcoin (BTC) was controlled by China, as he discussed the country's role in the blockchain sector.
BITWORK alliance with BINARYSTAR, ultimately creating a greater knowledge hub and Blockchain Community between Hong Kong & Japan
BITWORK, the Blockchain community pioneer headquartered in Hong Kong is proud to announce their new strategic partnership with BINARYSTAR, is a renowned company operating Blockchain businesses and community in Japan.
Blockchain.com Slashes 25% Workforce amid Crypto Meltdown
Massive layoffs continue engulfing the crypto market. Blockchain.com took the latest actions by reducing its workforce by 25%.
Crypto Platform Matrixport under Bitmain Co-Founder Received $100M in Series C Funding,Valued over $1B
The Singapore-based Digital financial service platform Matrixport led by Wu Jihan, the co-founder of the world's top Bitcoin mining machine provider giant Bitmain mining, raised $100 million in Series C financing.
CoinMarketCap Introduces Algorithmically Ranked Crypto Trading Pairs to Eradicate Volume Inflation
CoinMarketCap, a leading crypto data tracker, has gone a notch higher by presenting a new ranking system based on an innovative algorithm powered by machine learning. According to the company’s blog post, this new approach will enable users to make more profound trading decisions when it comes to market pairs. The new approach presented by CoinMarketCap seeks to revamp its current single metric ranking network to a combined one that will handle at least 22,000 market pairs covering more than 5,500 cryptocurrencies.
Bitcoin Continues to See Gains After President Xi’s Announcement
China Merchants Bank (CMB) has recently announced an investment in crypto wallet BitPie. BitPie is one of the longest-running crypto wallets in China.
FTX's Draft Reorganization Plan: Zeroing FTT Claims and Subordinating Non-Customer
FTX's draft reorganization plan zeroes FTT claims and subordinates non-customer claims, outlining key strategies for asset distribution and legal resolutions.
PancakeSwap’s Native Token Once Surged by Nearly 10% after Binance Labs Sets Foot in Ecosystem
After Binance Labs established a strategic investment in PancakeSwap, the network’s utility and governance token, CAKE, has once soared by nearly 10%.
Radix and LayerZero Partner to Enhance Web3 Interoperability
Radix has partnered with LayerZero to integrate LayerZero with the Radix Babylon public network, encouraging cross-chain communication and asset transfers to the Radix ecosystem. Interoperability enables decentralized applications to collaborate and integrate, broadening the scope of features they offer, enhancing functionality, and improving security.
IBM Unveils NorthPole: An Energy-Efficient AI Chip Prototype
IBM has introduced a new prototype AI chip named NorthPole, exhibiting remarkable speed and energy efficiency, as reported in Science Magazine on October 19, 2023. The chip, showcasing a 25-fold higher energy efficiency and a 22-fold lower time latency on benchmark tests, addresses the longstanding von Neumann bottleneck by melding memory with computation on-chip. This innovation opens up avenues for applications like autonomous surgery and self-driving vehicles, with continued research on this architecture already underway at IBM.
Hong Kong Police Crackdowns Crypto Investment Scam, involving $11M HKD
Hong Kong police announced Friday the authority has dismantled a cryptocurrency investment scam involving as much as 60 million Hong Kong dollars. At least 19 people are under arrest.
DWF Labs Renews Collaboration with DMCC to Propel MENA Blockchain Ecosystem Forward
DWF Labs, a leading research organization, has announced the renewal of its partnership with DMCC, the world's flagship free zone and Government of Dubai Authority on commodities trade and enterprise. This collaboration aims to drive innovation and growth within the MENA region's blockchain ecosystem, with a focus on supporting early-stage startups and providing access to global venture capital.
Ankr Enhances DeFi Ecosystem by Supporting OKX Chain's X1 Layer 2
Ankr expands its infrastructure services by integrating support for OKX Chain's X1 Layer 2, enhancing scalability and DeFi access.
Ethereum’s Social Volume Climbs to an 11-Week High
Ethereum (ETH) continues getting a keen eye as crowd awareness and interest rose substantially after the second-largest cryptocurrency crossed above $2,500, as acknowledged by crypto analytic firm Santiment.
IMF Calls for Global Govts to Keep a Check on Crypto
The International Monetary Fund has advised international decision-makers to keep a check on crypto, following deepening concerns highlighted by the war in Ukraine, The Block reported.
JR Kyushu Railway Company Launches NFTs on Astar Network To Boost Customer Engagement
The initiative will bring real-world utility to NFTs in Japan, enabling the railway operator to strengthen its customer relations
AFP and Other Media Giants Call for Global AI Regulation to Protect Integrity
AFP and major media organizations have called for global AI regulation to protect content integrity, urging transparency, IP protection, and bias reduction.
Maiar Wallet Makes Sending Money as Easy as Sending a Text
Maiar Wallet, a decentralized, non-custodial, low fee, multi-currency digital wallet built on the Elrond blockchain to empower everyday users.
Investment Giant Goldman Sachs Offers the First Bitcoin-backed Lending Loan
Goldman Sachs announced to offer the first bitcoin-backed lending loan, lenders might make use of the bitcoin they own as cash collateral for this loan.
Thailand’s Trade Policy Office to Trace Agricultural Products from Farm to Export Using Blockchain
Thailand’s Trade Policy and Strategy Office (TPSO) has revealed its intentions of using blockchain technology to trace agricultural products from farms to export as this will optimize buyers’ confidence.
Coinbase's 'Nano' Bitcoin Futures Product Surges amid Declining Trading Volume
Coinbase's new derivatives unit is capturing the interest of new retail traders who are eyeing the crypto exchange's "nano" bitcoin product amid the company's collapsing trading volumes.
Ethereum (ETH) Price Analysis - March 18, 2021
CoinShares released its weekly fund flow report, which showed that nearly half of the total inflow of funds went to Ethereum, notably $113.5 million.
European Blockchain Service Infrastructure PCP to Begin—Why it Could Benefit XRP and BTC
The EC seeks industry tenders for the European Blockchain Service Infrastructure (EBSI) - a European blockchain solution that could inadvertently see BTC and XRP soar.
The Crypto Boom: Why it’s Not 2017 Déjà Vu
But for those who think the explosive rise in Bitcoin and digital currencies may just be another repeat of 2017, you’re barking up the wrong tree.
Hacker Steals $265,000 in User Funds from KyberSwap
KyberSwap announced that $265,000 in user funds were stolen after a hacker exploited the multichain DEX aggregator's front end.
Asia's SoftBank and Temasek Join to Fund FTX US
FTX US reached an $8 billion valuation after receiving $400 million from Asian investment giants SoftBank Group and Temasek Holdings in its first round of funding.
Argo Blockchain Secures $20M Loan to Build Out West Texas Mining Facility
London-based Argo blockchain has secured a $20 million loan from Galaxy Digital, providing momentum as a driving force to expansion.
French Central Bank Succeeds in CBDC Experiment in the Issuance of a Government Bond
The Banque de France or Bank of France, the central bank of France, has prospered in undertaking an experiment on using a central bank digital currency (CBDC) to issue a French government bond.
Circle CEO: Treasury’s Crypto Wallet Rule is a Potential Next Level of Financial Surveillance Never Seen Before
Circle's CEO said that the proposed rule introduces a “potential for a level of financial surveillance that goes beyond anything...
OpenAI Enables Web Browsing for ChatGPT
OpenAI has enabled web browsing for its ChatGPT model, initially available for Plus and Enterprise users. This feature aims to address the limitations of ChatGPT in providing up-to-date information. OpenAI has yet to clarify if this update will be extended to non-premium users or the GPT 3.5 model
Women in Payments CEO: Less than 5% of VCs Invest in Women-Led FinTech Companies
With a background in engineering, Kristy Duncan, the CEO of Women in Payments started her career in banking and then into the payments industry. Duncan has then been fascinated with the payments market, and is a “payments geek at heart.” She started Women in Payments in 2012, Looking to add value in a different way, to connect, inspire, and champion women who are working in the payments industry globally.
COTI Unveils ETH L2 Developer Network and Growth Fund Use Cases
COTI announces an ETH L2 Developer Network to leverage its $100M fund, targeting key use cases like Confidential DeFi and encrypted data management.
Polkadot Developers Gains Access to Chainlink Oracle Through Moonbeam Integration
Thanks to the latest integration of Chainlink oracle into the Moonbeam smart contract platform, developers in the broader Polkadot ecosystem can now access reliable price feeds as they seek to build functional DApps
Bank Indonesia Plans to Launch its Central Bank Digital Currency
Bank Indonesia is planning to launch its central state digital currency in response to the increasingly prosperous cryptocurrency market.
Flow Blockchain Proposes Full EVM Equivalence to Enhance Composability and Usability
Flow blockchain unveils proposal for full EVM equivalence, bridging Ethereum dApp ecosystem with Flow’s unique capabilities. The move aims to enhance composability, interoperability, and user experience across the blockchain space.
Determinism: The Philosophy of Blockchain
Determinism, free will, and blockchain? What do these seemingly disparate concepts have in common? A lot, as it turns out.
Coinbase Reveals New Price Oracle Competing with Chainlink as a Major Rival in the DeFi Ecosystem
San Francisco-based crypto exchange Coinbase is taking the decentralized finance (DeFi) industry to the next level by releasing its Coinbase Price Oracle, a reliable source of signed price data for crypto pairs. Blockchain oracles provide paths between off-chain and on-chain events and are third-party information sources that supply data to blockchains. Blockchain oracles offer useful data for DeFi applications and other blockchain services.
35% of Nigerians Have Entered the Crypto Market in the Last 6 Months, Study Shows
Nigerians are entering the crypto space because of the lack of affordable financial services and high inflation rates, given that 35% of them were engaged in this sector in the last six months, according to a study by crypto exchange KuCoin.
Elon Musk To Deliver Starlink Within Weeks with Up to $30B Investment
Billionaire entrepreneur Elon Musk revealed the Starlink satellite internet network of SpaceX has been launched, expecting the internet broadband internet to go online globally (except poles regions) within weeks before August.
Square Inc. To Go Carbon Neutral in Its Bitcoin Operations by 2030
Jack Dorsey’s payment company Square Inc. has laid out plans to go carbon neutral bordering on all Bitcoin and operational aspects by 2030.
Starknet Foundation Establishes DeFi Committee to Boost Ecosystem
Starknet Foundation has launched a DeFi Committee to bolster its DeFi ecosystem. Chaired by six experts, the committee will strategize and implement an on-chain liquidity incentive program, marking a strategic move for Starknet in the DeFi space.
Shenzhen Taxation Bureau to Launch New Blockchain Tax System with Ping An Group
Ping An Insurance and the Shenzhen Taxation Bureau in China signed an agreement to start using blockchain, artificial intelligence (AI), big data, cloud computing, and other technologies to develop a management platform for taxation for all types of taxpayers in the Greater Bay Area.
Chainlink (LINK) to See Potential Correction as Investor Sentiment Show Concerning Signs
Chainlink (LINK) has been one of the best-performing cryptocurrencies in 2020 and has seen a 20% surge in the past 24 hours. Chainlink has set a new all-time high, the fourth time in less than two months, reaching $17.59 on Binance. Is a bear market coming?
Wuhan Coronavirus Outbreak Could Cause Potential Disruption to the Crypto Market
Since the coronavirus patient was identified on Dec. 8, 2019, in Wuhan, the capital of Hubei province in China, the virus has since claimed at least 100 lives. According to crypto research firm Chainalysis, China has the status as a crypto investment hub, as it houses the most crypto exchanges in the Asia-Pacific region, which has 40 percent of the world’s top 50 exchanges.
Hong Kong International Airport Launches First-Ever Metaverse
Hong Kong International Airport (HKIA) has partnered with JCDecaux Transport Hong Kong to introduce the first-ever HKIA Metaverse.
SEC Charges App Developer Abra for Unregistered Security-Based Swaps
Abra and Plutus Tech have agreed to a cease-and-desist order and a combined penalty of $150,000 after being charged by the Securities and Exchange Commission for selling unregistered security-based swaps to investors in 2019.
3 Ways Blockchain is Transforming Cybersecurity
Blockchain technology ensures that data is stored in immutable distributed ledgers and it can be instrumental in enhancing cybersecurity by averting DDoS attacks, authenticating downloads, and offering consensus mechanisms.
Sui Donates $1M to London Business School for Web3 Research
Sui, a leading blockchain platform, has donated $1 million to London Business School for Web3 research and education, aiming to prepare future technology and business leaders.
Zipmex Resumes Some Altcoin Withdrawals After Suspending Withdrawals in July
Mainstream tokens, including bitcoin and ether, remain locked, but all Solana (SOL) tokens will be credited to investors' trading wallets, Zipmex's official statement wrote on Tuesday.
What is Web3?
Web 3.0, frequently abbreviated as Web3, is often recognized as the upcoming or third generation of the internet. It builds upon Web 1.0, characterized primarily as read-only, and Web 2.0, which introduced interactive user-generated content and sharing capabilities.
Samsung Asset Management to Launch 1st APAC Metaverse Theme Active ETF on HKEX
Samsung Asset Management (Hong Kong) Limited to launch the first APAC metaverse theme active ETF in Hong Kong with Samsung Asia Pacific ex NZ Metaverse Theme ETF (Stock code: 3172.HK), which is expected to list on HKEX by July 7.
Pepo Founder Presents First DApp to be Approved by Apple
During the 2nd day of the BlockShow Asia 2019 being held in Singapore, Jason Goldberg, Pepo founder and CEO, noted that they are among the most prominent DApps globally. He also acknowledged that it was instrumental for Pepo to be the first DApp to be ascertained by Apple Pay.
Chinese state company launches crypto funds
CPIC Investment Management, a subsidiary of China Pacific Insurance, is launching two crypto funds with Waterdrip Capital, targeting institutional and wealthy private investors. The funds will focus on investments in early-stage blockchain projects and proof-of-stake digital assets.
Nigeria Expects to Generate a Revenue Stream of $6 Billion Through Blockchain Technology by 2030
Nigeria says that blockchain in the country could generate a revenue of between $6 and $10 billion in 10 years.
Power Ledger Partners with Power Club To Roll Out Blockchain Plants in South Australia
Powerledger enters into a partnership with Powerclub, an Australian electricity wholesaler for better energy usage, allowing the integration of power club's blockchain ledger application.
Citi, IBM, Ubisoft Join Singaporean Blockchain Accelerator
Tribe Accelerator, Singapore’s first government-backed blockchain accelerator, has added another batch of big names to its corporate partners list.
What Can You Buy With Bitcoin?
Bitcoin's price has surpassed the $16,000 resistance for the first time since 2017, but as the crypto's value increases it begs the question—what can you buy with Bitcoin?
eBay Acquires AI-Powered Digital ID Prvoder Certilogo
eBay Inc., a global commerce leader, has announced the completion of its acquisition of Certilogo, an AI-powered provider of digital IDs and authentication for apparel and fashion goods. This move is set to bring new, 'Secure by Design' digital ID technology to eBay's fashion category, expanding opportunities in the circular economy.
Anthropic's Updated Terms of Service: Enhanced Copyright Protection for AI Outputs
Anthropic revises commercial terms of service to provide enhanced copyright protection for Claude API users, addressing ongoing legal challenges in the AI industry.
4-Year-Old OpenSea Raises $300M in Venture Capital, Valuation Reaches $13.3B
OpenSea has raised $300 million in new venture capital, bringing the total valuation to a staggering $13.3 billion in just four years after it was founded.
El Salvador Becomes the First Country to Accept Bitcoin as Legal Tender
El Salvador has just become the first country to adopt bitcoin as legal tender. El Salvador President Nayib Bukelet welcomed the adoption and said that is a historical moment.
Upbit Announces Dunamu & Partners' Digital Asset Holdings for October 2023
Upbit discloses Dunamu & Partners' #Bitcoin holdings as of October 2023, holding 2,081.84950412 BTC with no sales transactions recorded, aligning with Upbit's transparency principle in digital asset trading.
SEC Chairman: AI May Lead to Next Financial Crisis
In recent interviews with DealBook, SEC Chairman Gary Gensler expressed his concerns about the potential risks artificial intelligence (AI) poses to the financial system.
How Not to Secure Your Cryptocurrency: Beginner Mistakes
As a cryptocurrency beginner, you’ve likely considered how to keep your cryptocurrency portfolio safe while it appreciates in value.
IBM, Cisco and EY: The 3 Blockchain Leaders in Supply Chain in 2020
Supply chains are vital networks between a company, its vendors and suppliers to produce and distribute specific products to the consumer. This network usually includes many actors doing different activities—people, entities, information, and resources.
DJ David Guetta To Sell $14M Worth BTC or ETH for Luxury Apartment in Miami
The famous French DJ David Guetta revealed that he would accept $14 million Bitcoin or Ethereumthe payment for selling his Miami beachfront apartment.
U.S. Tightens Microchip Export to Sustain AI Leadership Over China
Senator Mike Rounds highlighted the U.S.'s marginal lead in AI over China, measurable in months. The U.S. restricts AI chip exports to China to maintain this edge. Meanwhile, China's significant AI advancements, despite challenges like U.S. sanctions and technology gaps, underscore the intensifying global AI race.
Deployment of Blockchain Across the Financial Ecosystem Still at Least Three Years Behind
Today marks the kickoff of the Gartner IT Symposium/Xpo 2019, with Blockchain being one of the technologies that this event plans to tackle, there is also a major interest in how this technology will be affecting some industries in the coming years
Costa Rican Lawmaker Proposes to Regulate Crypto Market
Johana Obando, a congresswoman from the Central American country of Costa Rica, has introduced a bill to Congress requiring the government to regulate the crypto market and reduce taxes on cryptocurrencies, making Costa Rica a cryptocurrency-friendly country.
Secret Network Validator Smart Stake to Shut Down Nodes
Smart Stake will no longer provide validator services to the Secret Network in light of an internal leadership conflict and transparency concerns.
Bitcoin's Largest Competitor Ethereum Quickly Gaining Ground in Colombia
The South American region has been very receptive to Bitcoin and cryptocurrencies in general. Countries such as Venezuela have experienced extreme situations ranging from inflation of their currency to other economic situations which ultimately renders them useless to persons within that geographical location have been left with little or no choice but to seek refuge in cryptocurrencies.
French Finance Minister Praises Blockchain, but Condemns Cryptocurrency
French Finance Minister Bruno Le Maire has once again made his stance on crypto clear – he is critical of it and does not support it.
Swiss SIX Exchange Launches Bitcoin and Ether Exchange-Traded Product
Fintech firm, Amun and crypto custodian Bitcoin Suisse and announced today of the launch of its Swiss Franc denominated Amun Bitcoin Suisse BTC/ETH exchange-traded product (ETP). This ETP, a combination of Bitcoin and Ether, has gone live on the Swiss stock exchange, SIX.
Metacade Presale for Web3’s First-Ever P2E Crypto Arcade Raises Over $670k in Under 2 Weeks
Metacade, the first-ever community-developed play-to-earn (P2E) blockchain arcade, has announced the launch of its highly anticipated $MCADE token presale. The sale of Metacade’s native utility token sold over an incredible $670k in under 2 weeks, with their Beta Sale stage now over 60% SOLD OUT.
Why is Blockchain Technology Revolutionizing the Banking and Finance Market?
As technology continues to evolve year after year, it becomes glaring that it is gradually sweeping every productive sector in the world, more importantly, finance and banking. This is so because the sector is about the most sensitive in every economy. It’s got to be, right? Money is important and needed by everyone – one way or another.
Happy Holidays for the TRON Grand Hackathon 2022 Season 3 Winners
There were 1185 participants in Season 3 of the TRON Grand Hackathon 2022, who formed 272 teams that submitted projects in one of six tracks: Web3, DeFi, NFT, GameFi, Ecosystem, and TRON Academy.
Korea Blockchain Week to Hold First Live Event in Seoul After Covid Hiatus
Korea Blockchain Week 2022 (KBW2022) is holding its first live event since the dawn of the Covid-19 pandemic in 2020, finally bringing the most respected leaders in the blockchain field to Seoul, on August 7-14, 2022.
Meta Partners with Digital Brand DressX for New Avatar Store
Meta said that it is partnering with digital fashion startup DressX for Meta's new Avatar Store to introduce new avatar fashion, expanding its business in Metaverse.
China Has Kickstarted the Experimentation of a Blockchain Pilot in its Equity Trading Industry
The China Securities Regulatory Commission (CSRC) has kickstarted the experimentation of a blockchain pilot for the equity trading industry in the country. Announced by the Beijing Local Financial Supervision and Administration, CSRC will be assisting the Beijing Equity Trading Center for the blockchain pilot.
Chinese City Tests Blockchain-Powered Cross-Border Financial Platform
Nanning, a Southern Chinese City, located in Guangxi Region, has experimented with a blockchain-enabled cross-border financial platform.
Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin
Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company working to modernize the financial system by digitizing and mobilizing assets. A traditional hedge fund manager and equity investor, Cascarilla was able to recognize the power of blockchain and the function it could have in revolutionizing the way trade is conducted and settled.
DWF Labs Co-founder Andrei Grachev Announces Financial Partnership with DMCC
Andrei Grachev, co-founder of DWF Labs, announced a financial partnership with DMCC, supporting firms transitioning to Dubai DMCC. This announcement, juxtaposed with Grachev’s recent Twitter feud with GSR.io's Cristian Gil, highlights the competitive and cooperative facets of the crypto market landscape, and the challenges and opportunities DWF Labs encounters in its journey.
Christie’s Auction House Goes On-Chain with a New NFT Marketplace
The new platform is set to enable the legacy auction house to fully conduct on-chain NFT sales to ensure that all transactions — including post-sale processing — are automated and on-chain.
Mitsubishi to Digitize Metal Resource Trade on Blockchain Platform
Mitsubishi Corporation has launched a blockchain platform to streamline and digitize metal trading via its metals and minerals subsidiary.
Celsius Files for Chapter 11 Bankruptcy Protection, Clears Debt with Compound
Celsius Networks has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of New York. The crypto lender also repaid its remaining debt to the DeFi lending protocol Compound.
Seven Web3 Firms Form Alliance Focusing on Data Privacy
According to the Universal Privacy Alliance's official statement, their aim is "to protect privacy regardless of the blockchain or technology stack."
WildWorks Joins Crypto Games, Launching Tokenized Avatars and Virtual Worlds in Jan
Interactive game company WildWorks said it will enter the field of encrypted games and establish a new department focused on the development of the NFT virtual game community.
Private Firms Can Boost Innovation of Central Bank Digital Currency, says IMF
A synthetic Central bank digital currency (CBDC) could create new pathways for innovation according to a senior member of the International Monetary Fund (IMF).
Wharton Business School Launches Online Metaverse Course, Accepting Payment in Crypto
The Wharton School of the University of Pennsylvania has announced the launch of a six-week online course on "Business in the Metaverse Economy."
RISC Zero Raises $12m in Seed Round Led by Bain Capital Crypto
RISC Zero, a startup that creates scalable blockchains with zero-knowledge (zk) technology, announced that it had raised a $12 million seed round led by Bain Capital Crypto.
Twitter CEO Jack Dorsey Explains Why Bitcoin is "The Best Internet Currency"
Bitcoin (BTC) and DeFi tokens have been all the rage lately, with crypto investors anticipating BTC’s next bull run and the DeFi industry booming in growth.
Brazilian Crypto Firm 2TM Acquires Controlling Stake Over Portuguese CriptoLoja
Softbank-backed Brazilian firm 2TM announced the company would acquire a controlling stake in Lisbon-based crypto exchange CriptoLoja.
Three Arrows' OPNX Announces Shutdown
OPNX, a cryptocurrency exchange and bankruptcy claims platform, will cease operations by February 14, 2024, due to regulatory challenges and financial penalties.
Tesla's $140 Million Bitcoin Loss Shows the Risk of Crypto Holdings
Q1 2021 Tesla spent $1.5 billion on Bitcoin.
BlockFi to Pay $100M to Settle Charges with SEC & 32 States
BlockFi will pay $100 million to the U.S. Securities and Exchange Commission (SEC) and 32 states to settle charges in connection with a retail crypto lending product.
Big Banks' Involvement in Drafting the Digital Asset Anti-Money Laundering Act Raises Concerns
The Digital Asset Anti-Money Laundering Act, backed by big banks and introduced by Senators Marshall and Warren, aims to regulate crypto under strict banking laws.
Vitalik Buterin: Supporting Decentralized Staking through Anti-Correlation Incentives
Vitalik proposes anti-correlation incentives to promote decentralization in staking protocols, penalizing misbehaving actors and implementing them in various scenarios, backed by empirical data.
Wharton Accepts Cryptos as Tuition Fees for Blockchain Courses
The Wharton School officially accepts crypto as a payment method for blockchain courses through Coinbase exchange.
Bored Ape Yacht Club wins legal battle
Bored Ape Yacht Club (BAYC) creator Yuga Labs has won a legal battle against copycat non-fungible token (NFT) project RR/BAYC. The United States District Court found that the co-creators of RR/BAYC had infringed Yuga Labs’ trademarks, and Yuga Labs is entitled to an injunction and damages. In other news, Mandala Metaverse has chosen Polkadot to host its first major NFT drop, Final Fantasy developer Square Enix has partnered with Elixir Games for blockchain gaming, and a free-to-play multiplayer NFT cricket strategy game called Cricket Stars has launched on the Tezos blockchain.
Upwork Listed Cryptocurrency Affiliated Gigs as the Highest Paying for Freelancers
growing attention towards blockchain and cryptocurrencies on the fin-tech space, it is therefore not surprising to see that executives of tech companies and startups are on the lookout for persons with the slightest familiarity/ understanding with the operations of Blockchain
Bank of Spain Chooses Adhara, Cecabank, and Abanca to Test CBDC
Banco de España, Cecabank, Abanca, and Adhara Blockchain are launching a pilot program to explore the use of a wholesale Central Bank Digital Currency, aiming to simulate interbank payments.
Chinese Blockchain News Flash Media Platform Bi Shi Jie.com Suspends its Operations
China's well-known cryptocurrency advisory platform- Bi Shi Jie, has reportedly temporarily suspended its App and website operations.
Robinhood to Plan Testing Cryptocurrency Wallets, Speeding up Crypto Territory Escalation
Robinhood Markets is extending its reach in the growing cryptocurrency market and now plans to test its cryptocurrency wallets. The so-called crypto wallets will give customers more ability to own and spend crypto coins.
Mango Markets Proposes to Refund Victims after $114m Hack
Mango Markets proposes a refund plan to victims after the hacking incident. The company said one of the repayment strategies is to cut down the difference between the tokens users had before the exploit and the tokens they will receive.
Ethereum Token Circulation Hit Levels Last Seen in June Amid ETH Realized Cap Reaching ATH
Ethereum has been experiencing an uptick in different activities, despite the crypto market bleeding triggered by factors like a major liquidity crisis witnessed by leading Asian property developer China Evergrande.
Move-to-earn App STEPN to Land in Hong Kong's Cyberport
Move-to-earn app STEPN announced that it is opening an office in Hong Kong despite COVID-19 restrictions and a tough regulatory environment.
Chainlink (LINK) Achieves New Record Price High of over $25 as Altcoins Gain
Chainlink (LINK) has achieved a new record price high of over $25, gaining 105% since the beginning of the year.
NYC to Mine its Own Token, Following Backing From Mayor-Elect Adams
New York City Mayor-elect Eric Adams is reportedly to kick off his ambition by launching his proposed token mining on Wednesday.
QQL Mint Pass Earns $17 Million Upon Launch
Generative art algorithm QQL Mint Pass earned around $17 million following its launch on September 28.
UK Tax Authority Updates Its Guidelines for Crypto Taxation
HMRC updates its guidelines for crypto – taxation, relating to both individuals and businesses. The new guidelines explicitly state that crypto-currencies are not considered as ‘money.’
OKX Global Ad Campaign Argues for a Decentralized Future
Crypto exchange OKX has launched a global ad campaign that argues for the need to rewrite the centralized financial system and embrace the decentralized nature of Web3. Produced in collaboration with BBDO New York, the campaign takes aim at the outdated ways of traditional finance, positioning OKX as a leader in the crypto space.
Bitmain Partners With Digital Currency Group's Foundry to Fuel Crypto Mining Business in North America
Crypto mining giant Bitmain has announced that it will be partnering with crypto mining firm Foundry to extend its services to North America.
Samsung Collaborates with Israel’s Credorax On Automated Blockchain Platform For Merchants
Samsung SDS has signed an agreement with Israel’s fintech startup Credorax to build payment solutions to serve European merchants and banks.
Revolut Introduces Crypto Staking to UK and EEA
This week, Revolut's "soft testing" staking function will launch.
Opportunity to Thrive In Times Of Uncertainty
If history has taught us anything, it's that humanity often takes great leaps forward in times of chaos and uncertainty. This is one of those moments, but it's important that global citizens take steps to ensure that no one is left behind. Now is the time to start thinking less as nations and more as single, unified species.
LG Launches NFT Platform With Hedera Blockchain
The platform, LG Art Lab will allow users to buy, sell and put up digital art or NFTs on their television sets, the company announced.
Bitcoin Price Surpassed $40,000 and Then Plummeted
This week, Bitcoin plunged again, and on Thursday (January 21) it plunged more than 10%. Entering January, Bitcoin rose from $30,000 to $40,000.
Frankfurt Main Finance: Establishing Trust Between Continental Networks
Frankfurt Main Finance is one of the founding members of the World Alliance of International Financial Centres (WAIFC). The mission of the Alliance is to establish transparent networks that facilitate cooperation and sharing of best practices for financial centres globally in the face of breakthrough technologies and rapid social change.
Exclusive: Blockchain at the Stage of Tech Convergence
How does Deloitte Blockchain Lab envision the future of blockchain? Dr. Paul Sin believed that blockchain is at the stage of technology convergence with IoT, big data and artificial intelligence! He also explained the 3 challenges for enterprises to implement their own blockchain and various blockchain auditing services offered by Deloitte.
Theta EdgeCloud to Launch with Meta Llama 2, Google Gemma, Stable Diffusion, and Other Popular AI Models
Theta Labs is launching EdgeCloud, a platform offering open-source AI models, aiming to revolutionize the AI industry by providing developers with access to cutting-edge technologies.
Tenstorrent Secures $100 Million Led by Hyundai and Samsung
AI chip developer Tenstorrent has closed a $100M round led by Hyundai and Samsung. The funds will accelerate product development and AI chiplet design.
CreatorDAO Community Raises $20M in Seed Fund
CreatorDAO, a decentralized autonomous organization, announced that it raised $20 million in a seed round led by Andreessen Horowitz and Initialized Capital.
Blockchain Holds the Future of Hollywood, Outgoing WarnerMedia CEO Says
Jason Kilar, the CEO of Warner Media, believes that the future of Hollywood lies in the hands of blockchain technology.
Crypto Wallet and Data Giant Reported to Raise $50M Funding Round
According to a report by Yahoo Finance, Blockchain is raising a VC fund to invest in both equity and crypto coins.
Curve Founder Proposes Venus Protocol Deployment on Ethereum Mainnet
Michael Egorov of Curve Finance proposes launching Venus Protocol on Ethereum Mainnet, incorporating Curve's stablecoin crvUSD and CRV as collaterals, with community support for growth.
IOTA Network Increases its Speed by 20x Following its Relaunch a Few Months Prior
The IOTA Foundation, a non-profit organization focused on blockchain and open-source development has announced the latest version of its node software, Hornet together with the IOTA community. The IOTA community has conducted a stress test that illustrated a stable network of over 150 nodes with over 650 confirmed transactions per second (TPS). This shows an increase in transaction throughput by a factor of 20, while Hornet is able to consume 10 times less memory under normal operations compared to its previous node software.
Sep 03 Trading Analysis: Miners still the biggest swinging d*cks around
No real headlines except Korea regulators coming after Bithumb (which isn't a "new" news imo). Instead, I actually think was driven by miners selling.
SBI to Launch the First Crypto Fund for Long-term Investors in Japan at the end of November
The Japanese Financial Giant SBI Group stated that it will launch its first cryptocurrency fund in Japan before the end of November to provide Japanese investors with a more diverse portfolio.
NFT Trading Surges 8X Boom from the Popularity of Bored Ape Yacht Club,Pudgy Penguins and CryptoPunk
NFT sales recorded an eight times surge in market trading volume over the last two weeks, compared to the result in March, thanks to the craze of Bored Ape Yacht Club and Pudgy Penguins and the classic NFT CryptoPunk.
Theta: Everything You Need to Know
The Theta network aims to use blockchain technology to provide decentralized peer-to-peer video delivery for online streaming purposes.
Dogecoin Surges by over 30% Thanks to Elon Musk's Price Pump
Yesterday Tesla CEO Elon Musk tweeted "The Dogefather SNL May 8" and announced that he will host the "Saturday Night Show" as "Dogefather".
BNB Chain Launches Zero-Knowledge Proof Scaling Tech
The zero-knowledge proofs utilize mathematical proofs to allow the verification of specific data without the requirement to reveal the details.
Polygon Emerges as Second-Largest Blockchain Gaming Network
In March, Polygon saw a surge in user activity, making it the second-largest blockchain gaming network in terms of unique active wallets. Polygon's Hunters On-Chain game, which has seen a 17,000% UAW increase in the past 30 days alone, was a significant contributor to this surge. Polygon's NFT integrations and partnerships with big-name companies like Warner Music, Starbucks, and Reddit have also contributed to its bullish momentum.
Crypto.com Officially Becomes the Philadelphia 76ers Team's Jersey Patch Partner
Hong Kong-based cryptocurrency exchange Crypto.com announced that it has formed a partnership with the Philadelphia 76ers, becoming its official jersey logo-designated sponsor.
Ethereum Dominates DeFi with 96% of Transactions, Buterin Discusses ETH Gas Fees
Ethereum has set the tone for the DeFi boom this year, and it has dominated particularly during the third quarter of 2020.
Dubai Economy Gets Powered by UAE KYC Blockchain Platform for Safe Digital Customer Onboarding
The Dubai economy has gone live on the UAE KYC (Know-Your-Customer) blockchain platform making instant bank accounting functionality, secure digital customer onboarding, and sharing of verified data between financial institutions and licensing authorities possible.
Hedera Council's Major HBAR Allocation Boosts Ecosystem and Governance
Hedera Global Governing Council allocates 4.86 billion HBAR ($408 million) for network development and decentralized governance, focusing on supporting existing initiatives and operational efficiency.
Web3 Running App STEPN Launches NFT Sneakers with STEPN
Move-to-earn Web3 running app STEPN has partnered with ASICS to release a limited edition of "STEPN x ASICS NFT Sneaker" Mystery Box Collection.
SK Hynix Reports Q4 Profit and Plans for AI GPU Chips
SK Hynix reported a Q4 2023 operating profit of 346 billion won, marking its first profit since Q3 2022, driven by high-end AI chip demand. However, profit-taking led to a 2.6% share drop.
Solana (SOL) Surges by 230% on a Year-to-Date Basis to Hit a New High
Solana, which has faster transaction speed and lower fees than Ethereum, has been favored by Defi users to run applications. Recently, its native token SOL set a new all-time high of $37.10.
CBDC Surveillance Concerns Spark Legislative Action
Congressman Tom Emmer's CBDC Anti-Surveillance State Act aims to address surveillance risks in government-issued digital currencies, emphasizing privacy and autonomy in the evolving digital financial landscape.
End-to-end Internet Protocol Bitmarks Secures $5.6M in Series B Round
End-to-end Internet protocol Bitmark has received $5.6 million in Series B funding, co-led by Galaxy Interactive and North Island Ventures.
Bitfinex and Tether Claim Lawsuit Allegations of Market Manipulation are Baseless
BitFinex and Tether have officially spoken out against what they are describing as a baseless lawsuit, designed to undermine the cryptocurrency ecosystem.
Bitcoin Gains Momentum as Biden Slaps Russia with Sanctions
Bitcoin entered the green zone after U.S. President Joe Biden revealed new sanctions meant to cut off Russia from western finance.
VRJAM Announces The Initial Exchange Offering Of Its Revolutionary Metaverse Currency, Vrjam Coin
VRJAM, the leading platform for Web3 live events, today announced the launch of its revolutionary new digital currency VRJAM Coin will IEO on the 30th of November via exchanges Gate.io and MexC. VRJAM’s and metaverse crypto-coin is currently valued at $US40M and has attracted investment from 15 of the world's leading web3 focussed VC’s and investors.
Federal Reserve Bank of Boston Partners with MIT to Research How Crypto Can Co-exist with the Dollar
The Federal Reserve Bank of Boston has partnered with the Massachusetts Institute of Technology (MIT) to research the feasibility of cryptocurrencies co-existing with fiat currencies
Cross-chain Orbit Bridge allegedly experiences a $82 million exploit
Orbit Chain experienced $81.6 million in financial loss due to unauthorized transactions, involving fake signatures and unauthorized transfers of cryptocurrencies into new wallets.
BETA, BOND, WTC, and XEM Added to Binance's Monitoring Tag List
Binance has expanded its Monitoring Tag list to include Beta Finance (BETA), BarnBridge (BOND), Waltonchain (WTC), and NEM (XEM) as of October 4, 2023. The Monitoring Tag serves as a risk indicator for tokens with elevated volatility and risk.
Trump’s Former Fed Pick to Launch Cryptocurrency
Stephen Moore, President’s Trump nominee to the Federal Reserve, has set his sights on the crypto space.
Decentralized Finance (DeFi); The Game-Changer in Creating a People Oriented Financial Ecosystem
The launch of Decentralized Finance (DeFi) protocols in 2020 marked a significant phase in the growth of the crypto industry. As of writing, the total value locked (TVL) in this market stands at $69 billion, with Ethereum DApps taking the lion’s share. While the ongoing market slump has also affected the DeFi ecosystem, it is hard to overlook the fundamental developments that are currently taking place.
Bitcoin Dominance Hits 70% at 30-Month High While Altcoins are Dying
Bitcoin now accounts for just over 70 percent of the total cryptocurrency market capitalization as of September 3rd according to CoinMarketCap.
FASB Finalizes New Accounting Standards for Crypto Assets
FASB's new ASU No. 2023-08 mandates fair value measurement for certain crypto assets, enhancing transparency and relevance in financial reporting, effective post-December 2024.
US Media Giants Block AI Crawlers to Protect Copyrights
A Wired report reveals that 88% of top US news outlets are blocking AI crawlers like OpenAI's GPTBot, to protect against copyright infringement and uncompensated content use.
Mark Zuckerberg's Sister Randi Zuckerberg Shows Her Support For Bitcoin & Ripple
Randi Zuckerberg, Mark Zuckerberg's sister has lately been showing her immense support and interest in the cryptocurrency market, particularly for Bitcoin and Ripple XRP. She runs a satellite radio show SiriusXM which hosted three cryptocurrency experts who were very bullish on Bitcoin and the cryptocurrency market as a whole.
Digital B2B Payments Startup CoreChain Technologies Raises $4.2m in Seed Round
Blockchain-based digital B2B payments startup CoreChain Technologies has announced a $4.2 million seed round led by Ulu Ventures.
Rabbit Inc Introduces AI-Powered r1 Device for Mobile Interaction
Rabbit Inc's r1, an AI-powered mobile device featuring the innovative Large Action Model OS, was showcased at CES 2024, offering a novel approach to mobile interaction and user convenience.
PayPal Establishes Advisory Committee, Focusing on Crypto Affairs
Major U.S. payment processor PayPal has established a blockchain, cryptocurrency and digital currency advisory committee. All new members have related achievements in the crypto industry.
PolyU 1st in Hong Kong to Offer Metaverse & Blockchain Post-grad Programmes
Hong Kong's Polytechnic University is offering a postgraduate course in the metaverse and blockchain-related technology from September 2023, costing around $40,000 for tuition fees.
Will Dtube Replace Youtube? The 5 Things You Need to Know
What is the difference between DTube and YouTube?
China’s CBDC Research Institute Partners with Didi Chuxing to Explore “Smart Travel” with the Digital Yuan
China’s Central Bank Digital Currency Research Institute and Chinese transportation giant Didi Chuxing have reached an agreement to explore and develop the use of digital yuan in the transportation industry.
BNB and Optimism Synergy: opBNB Mainnet Launches with a Vision for a Billion Web3 Users
The opBNB Mainnet, an Ethereum Virtual Machine (EVM)-compatible Layer 2 chain, has gone live on September 13, 2023. Launched on June 19, it has seen over 35 million transactions and connections to 435,972 wallet addresses. The Mainnet offers reduced gas fees, trustless security protocols, and improved user experience. Post-launch, opBNB focuses on strengthening network resilience and decentralization, fostering an integrated ecosystem for developers.
Tuition Coin Incentives Global Educational Content With Cardano Technology
Tuition Coin aims to enhance the appeal of the Cardano ecosystem through its Teach to Earn nature. The venture will streamline participation in educational technology, benefiting students and teachers alike.
Top 1% of Chainlink Whales Hold 80% of LINK Supply – What This Means
LINK, although birthed a DeFi token, may not be as decentralized as you might think.
Harvard Blockchain Lab Applauds Fight to Fame Model for True Realization of Decentralized Ecosystem
Fight to Fame, a blockchain-based entertainment platform, has been praised by the Harvard Blockchain Lab for consistently presenting decentralized events, online malls, movies, and action star reality shows. It uses a BMS business model in the production of action movies, and fans are empowered by the FF Token when voting and making purchases.
Switzerland’s New Stablecoin Guidelines: 3 Things You Should Know
The Swiss Financial Market Supervisory Authority (FINMA) issued new guidelines for stablecoins added as a supplement to its existing guidelines for initial coin offerings (ICOs) to outline how stablecoins are treated under the Swiss supervisory law.
Dozens of AI-Powered Chatbot Tokens Found to Be Part of honeypot schemes
Blockchain security company PeckShield has warned about "dozens" of BingChatGPT pump-and-dump tokens.
Canadian Crypto Platform Newton Raises $20M in Series B funding at $200M Valuation
Newton, Canada’s leading cryptocurrency exchange, has raised $20 million in Series B funding, valuing it at around $200 million.
Goldman Sachs to Reopen Bitcoin Futures Trading after Three-Year Pause
Goldman Sachs plans to relaunch its Bitcoin futures trading after pressing pause on it in 2018 due to the crypto price fall experienced that year.
Blockchain.com Launches New Asset Management Service BCAM
Cryptocurrency exchange Blockchain.com launched a new asset management brand called BCAM aimed at institutional investors, family offices, and high net worth individuals on Wednesday.
AI-Driven "Nudify" Platforms: A Deep Dive into the Alarming Surge and its Implications
Graphika reports a significant increase in AI-driven "nudify" services, with over 24 million users in September, raising privacy, legal, and ethical concerns.
Exclusive: Blockchain Beats AI and Big Data for the Highest Average Annual Salary in the UK
The report titled “The Disruption of Disruptive Tech” by Capital on Tap highlighted the state of disruptive tech adoption in early 2020. The U.S. had the most businesses in various disruptive technologies, with 71% dominance in cloud consulting and 53% in cybersecurity.
Bitcoin (BTC) Price Analysis – March 15,2021
Bitcoin (BTC) performed strongly in the past week, breaking through the previous high of $58,354. Bitcoin continued to rise, soaring to a new all-time high (ATH)of $61,781 on March 13. But it seems that Bitcoin has suffered strong selling interest near this level and the price has been corrected. At the time of writing, Bitcoin is trading at $60,157.82.
UK Judges Receive Groundbreaking AI Usage Guidance for Legal Work
UK senior judges have issued guidance to magistrates and judges in England and Wales on the responsible use of AI in courts.
China, the PBoC x Blockchain: Love and Marriage, Horse and Carriage
It’s all about China and blockchain. After breaking news of President Xi Jinping’s official endorsement on the blockchain technology and Bitcoin performing a sharp “to-the-moon” move and hitting $10K over the weekend, blockchain-related stocks in China also received a major boost.
China's Pursuit of Digital Yuan "Unswerving" in Wake of COVID-19 Global Pandemic, says Central Bank
China’s central bank has further galvanised its public commitment to creating the first central bank digital currency (CBDC), a digital version of the Yuan, at an annual meeting hosted last Friday by the People’s Bank of China (PBoC) vice governor Yifei Fan.
eNaira: Nigeria Rolls Out Africa’s First Central Bank Digital Currency
Nigeria has become the first nation in Africa to officially launch a CBDC.
Elon Musk Reverses Decision to Sell NFT, but not before Setting an Asking Price of 420M Dogecoins
Elon Musk expressed his wish to sell his NFT for 420 million Dogecoins. This would translate to a total profit of around $24.26 million. However, the Tesla CEO seems to have come back on his decision. What has happened to DOGE's price in the meantime?
Brazil Highlights Blockchain Technology as a Digital Strategy Goal
Last week, Brazil unveiled its Digital Government Strategy that highlighted the use of distributed ledger systems and blockchain technology to transform major parts of the economy, especially in a post-COVID-19 environment.
JPMorgan Reveals Market is Highly Anticipating the Launch of CME Bitcoin Options
Institutional interest in Bitcoin-related contracts seems to be building as the market measures indicate high anticipation of the launch of CME Group Inc. options on Jan. 13, according to JPMorgan Chase & Co.
April 23: ETH Eating The Stablecoin World
Will ETH-inspired rally continue to drive the market? Will oil stabilize despite a fundamental short-term storage environment with a popular flawed ETF product? Will halvening next month start getting the market excited? Bottom line: mixed messaging.
Japanese Firms to Launch New Web3 Game CAPTAIN TSUBASA RIVALS
The new Japanese football-featured Web3 game will allow users to connect globally with the popular manga character.
Apple's App Store Policies Probed: U.S. Lawmakers Investigate Impact on Blockchain and NFTs
U.S. Representatives probe Apple's App Store policies, raising concerns over potential impact on blockchain and NFTs, and questioning the balance between security and innovation.
HashCash Consultants to Streamline Drug Research and Clinical Trials with Blockchain
HashCash Consultants, a US-based blockchain development company, has set its eyes on revamping the complex process of clinical trials and drug research by availing blockchain solutions. It intends to realize this by forming a pharma consortium with pharmaceutical firms and other medical players.
Everything You Need to Know about 1inch
1inch is a Decentralized Exchange (DEX) aggregator built on Ethereum. It is a type of liquidity protocol specialized in providing customers with the most favourable and most convenient transaction route by automatically aggregating offers from other decentralized exchanges.
Ronaldo Among Participants in Cricket NFT FanCraze's Fundraise
FanCraze is raising around $100 million in new funding rounds from backers, including Cristiano Ronaldo.
Exclusive: Is the Hedera Hashgraph Powered Data Visualization Tool the Antidote to Censored Coronavirus Reporting?
Is the Hedera Hashgraph powered data visualization tool the antidote to censored coronavirus reporting? Mance Harmon, CEO, Hedera HashGraph tells Blockchain.News how the HashLog leveraging their decentralized tracker was able to be deployed so quickly to combat the overwhelming volume of misinformation surrounding the outbreak.
African Blockchain Ventures See Explosive Growth
African blockchain ventures experienced a 429% increase in funding, surpassing the global average of 4%. Seychelles and South Africa accounted for 81% of the funding, and Nigeria had the highest number of deals but only accounted for 3.4% of funding. Median deal size has significantly increased, indicating growing investor confidence.
Blockchain: Emergence of a New Breed of Tax Professionals in the Digital VAT World
Governments around the world are seeking new sources of revenue, and value-added tax (VAT) is the key revenue driver and the largest contribution to governmental budgets. Each year billions of dollars are lost in tax revenue due to non-compliance, evasion, fraud, and non-collection.
CHILIZ Launches Layer 1 Blockchain for Sports and Entertainment Industry
Chiliz has announced the launch of the Scoville testnet for the newly established Layer 1 blockchain network Chiliz Chain 2.0 (also known as CC2).
Binance Suspends Crypto-based Derivatives Products in Hong Kong
Binance announced Friday that it no longer allow Hong Kong users to open new derivatives accounts, effective immediately.
HK Outlines Regulatory System for Virtual Asset Sector
Measures include a licensing regime for the virtual asset service providers, contemplating the regulation of payment-related stablecoins and providing traditional financial institutions with guidelines on offering virtual asset-related services to clients.
MicroStrategy Holds over 129K Bitocins, Data Shows
Data shows MicroStrategy holds over 129,00 Bitcoins (BTC) with a total value of approximately $5.8 billion.
KPMG Launches Blockchain-Integrated Supply Chain Platform in Australia, China & Japan
Big Four audit firm, KPMG has announced that it has rolled out a blockchain-enabled track and trace platform dubbed KPMG Origins in Australia, China, and Japan. The platform leverages on emerging technological innovations, such as blockchain and internet of things sensors (IoT), as well as analytics and data tools.
Lionel Messi Signs $20m Deal with Crypto Fan Token Firm Socios
Argentinian football superstar Lionel Messi has signed a $20 million deal with crypto fan token firm Socios, according to Reuters.
Tether to Launch GBPT in July, Pegged to British Pound Sterling
Stablecoin issuer Tether Operations Limited (“Tether”) has announced plans to launch Tether tokens (GBPT) pegged to the British Pound Sterling in early July.
Bitcoin SV Moons As Craig Wright Tells Court That he Has Access to Tulip Trust
Bitcoin Satoshi Version (BSV), a fork of the Bitcoin Cash, is surging in trades following Craig Wright’s compliance with a court order to open up the mysterious Tulip Trust for inspection.
Earn Additional Yield on Your Crypto20 Investment
Invictus Capital continues in their pursuit to provide their community with unique wealth creation opportunities.
South Korea Embraces Blockchain: New Digital Asset Act, K-Culture Tokenization, and More
South Korea passes the Digital Asset Basic Act, Shinhan Financial Group invests in digital asset custody, and K-culture goes blockchain.
Cardano Partners With COTI To Enable Merchant Transactions via ADA Payment Gateway
Cardano, an independent body, based in Zug, Switzerland just partnered with COTI, an enterprise-grade fintech platform, to create an ADA payment solution for merchants.
S. Korea Presidential Campaigns Support Crypto as Young Investors see Growth
South Korea’s presidential campaigns have all supported cryptocurrencies as there is a growing number of young crypto investors in the country.
Oct 08 Trading Analysis: BTC will dance to the U.S. elections beat...
Markets overreacted earlier in the week to Trump walking away from COVID stimulus negotiations. For me, it was clearly a negotiating tactic. Clearly, that was the case with Trump ready to sign for Stimulus Checks yesterday and Pelosi and Mnuchin discussing airline relief later today.
Bakkt Cash Integrated Directly with Starbucks Payment App
Bakkt President Adam White has announced the Bakkt Cash integration with the Starbuck mobile app.
Crypto Prime Broker Hidden Road Partners Urges Clients to Liquidate FTX Positions
Cryptocurrency prime broker Hidden Road Partners is expected to complete the liquidation of its FTX.com holdings tonight, according to Bloomberg.
Steven Seagal Under Siege from US SEC for Shilling 2018 ICO
Iconic 90s martial arts film star Steven Seagal has come under siege from the US Securities and Exchange Commission (SEC) who have made an executive decision to show the Aikido master that he is not above the law for his involvement in the Bitcoiin2Gen ICO of 2018.
Australian Online Broker SelfWealth Becomes the First Platform to Add Crypto for Trading
Australian online broker SelfWealth plans to list 10 cryptocurrencies, including Bitcoin and Ethereum, on its trading platform for trading before the end of this year.
Crypto Mining Hive Signed a $66 million GPU Subscription Agreement with Nvidia
Hive Blockchain Technologies Ltd signed a Graphics Processing Unit (GPU) procurement contract worth $66 million with a top-notch GPU inventor Nvidia Thursday. The announcement has come officially to join the Nvidia Partner Network (NPN) cloud service provider plan.
PwC Expert's Take: What Are the 3 Grey Areas to Crypto Taxation in Hong Kong?
The Inland Revenue Department (IRD) of Hong Kong took a step further to provide clarity in taxing digital assets. In the recent press release titled “LCQ20: Regulation of virtual asset investment activities”, James Lau, the Secretary for Financial Services and the Treasury answered the queries raised by the Hon Wu Chi-wai on taxation of virtual assets, tax evasion of virtual asset-related business and latest effort to regulate virtual assets by the Hong Kong Securities and Futures Commission (SFC).
Lenny Bogdonoff Leaves OpenAI, Reflecting High Workload with 6-Day Weeks
Lenny Bogdonoff, a key contributor to OpenAI's ChatGPT and other AI initiatives, has ended his tenure with an intense six-day workload, a role he has played in the company's culture and technological advancements.
Paxful Research Reveals How Nigerians Are Fighting Devaluation of Native Currency Naira with Bitcoin
The current pandemic has led to a devaluation of Nigeria’s native currency Naira and affected how cryptocurrency trades are conducted in the country.
Ireland's Central Bank Warns Investors about "Misleading" Crypto Advertising
The Central Bank of Ireland today issued a new warning about the risks of investing in crypto assets, drawing attention to "misleading" cryptocurrency advertising.
Crypto Assets Conference 2020: The Conference on "Blockchain & Finance”
On 9/10 March 2020, the Frankfurt School Blockchain Center, together with financial.com, is organizing the Crypto Asset Conference (www.crypto-assets-conference.de) on the campus of the Frankfurt School of Finance & Management for the third time. Blockchain technology was born through the invention of Bitcoin and has since then created hundreds of digital assets and spurred the development of business models building on decentralized networks. The conference covers both the public blockchain (crypto assets) and the enterprise blockchain domain (DLT). CAC20 makes the audience familiar with the current trends in DLT, blockchain and crypto assets.
Chainalysis Partners with US Regulators to Recover $30m from Ronin Loot
Blockchain analytics and security service provider, Chainalysis has helped in the recovery of $30 million in funds stolen from the Ronin Bridge by the elite North Korean hacking outfit, Lazarus Group.
Telegram Investors Agree Not to Demand Money Back Until TON is Launched
The majority of the investors of the Telegram Open Network (TON) in the $1.7 billion Gram token sale have voted against the return of their funds and agreed to postpone the launch of the blockchain network.
Stealth Now Live on Altilly Crypto Exchange
The CEO of Altilly, Nayiem Willem announced on Oct.10, “we’re pleased to have Stealth (XST) join our exchange platform.”
a16z: Top 50 Generative AI Revealed; ChatGPT, CharacterAI, Bard, Poe, QuillBot Rank Top 5
ChatGPT, the fastest consumer application to achieve 100 million active users, is dominating the GenAI space. 80% of the top 50 GenAI web products didn't exist a year ago, with ChatGPT accounting for 60% of monthly traffic. General LLM chatbots dominate, but AI companions like CharacterAI and content generation tools are gaining traction. The GenAI space is rapidly evolving, with ChatGPT leading the charge.
"Bitcoin Is Risky," Says BIS Chief as Crypto and Unconventional Stocks like GameStop Gain Support
The Bank for International Settlements remains skeptical of Bitcoin, echoing the sentiments of many traditional banking institutions.
ADGM Partners with Solana (SOL) Foundation to Boost Blockchain Innovation
Abu Dhabi Global Market (ADGM) has partnered with the Solana Foundation to advance distributed ledger technology (DLT) within its regulatory framework, marking a significant step in fostering blockchain innovation in the region.
Multicoin Capital's Vision for 2024: Embracing AI, Crypto, and Web3 Innovations
Multicoin Capital's 2024 outlook highlights the transformative role of AI, stablecoins, and innovative token distribution in the crypto and blockchain landscape. The firm foresees significant advancements in remittances, social applications, and various sectors integrating crypto as a foundational element.
Gala Games Updates: GalaChain, Dev Tools and Social Media Rep
Gala Games, a blockchain-based gaming company, has launched its L1 blockchain for multiple games and is in the QA phase of migrating its social media platform, Rep, to its own blockchain, GalaChain. The company plans to streamline onboarding and developer tools by the end of the year.
Cardano Becomes the 6th Largest Crypto as ADA Price Continues on Bullish Momentum
Cardano’s native crypto ADA has reached a two-year high on July 8, topping $0.138, up by 180 percent in the past 180 days. Cardano’s ADA cryptocurrency has been one of the top-performing tokens this year and has become the sixth-largest crypto. While its market capitalization remains lower than Bitcoin and Ethereum, Cardano’s ADA has surpassed Bitcoin Satoshi Vision (BSV), which currently ranks the seventh.
Qtum Teams Up with Blockpass To Deliver On-Chain KYC
Qtum, the advanced blockchain platform and growing decentralized finance (DeFi) ecosystem, has just announced its partnership with the leading on-chain KYC provider Blockpass.
Digital Wallet Omni Raises $11m in Seed Funding
On September 7, digital wallet Omni (formerly known as Steakwallet) raised $11 million in seed funding at a $50 million valuation.
Hawaii Pushes Out New Digital Currency Regulatory Sandbox to Boost Crypto Growth
The government of Hawaii has recently announced its establishment of a regulatory sandbox for digital currency companies. The partnership between the Department of Commerce and Consumer Affairs, Division of Financial Institutions (DFI) and Hawaii Technology Development Corporation (HTDC) will see the launch of Hawaii’s first pilot program aimed for digital currencies.
Goldman Sachs and Citigroup Perform the First Equity Swap on Blockchain
Traditional equity swaps have to be continuously updated for multiple variables. These include different interest rates, end-of-day market prices, and corporate actions like stock splits and dividend payments. Financial institutions need to hire many people to verify the process until the swap completion, which in some rare cases, could take months.
Scammers Hack Monero's Official Website and Infected It With Malware
According to Monero's official website, there has been an attempt by unscrupulous people to compromise it's the system, by infecting its wallet with malware that's capable of stealing user's cryptocurrencies when downloaded and installed
Bank of International Settlement Revealed Positive Outlook on Central Bank Digital Currencies
The Bank for International Settlements (BIS), a coalition of 62 central banks, has weighed in on the trending topic of central bank digital currencies (CBDCs). The global central bank noted a positive interest by central banks to develop their state-backed digital currencies.
Stablecoin Issuer MakerDAO Invests $500m into U.S Treasuries & Corporate Bonds
The move is an attempt by MakerDAO to diversify its holdings by allocating $500 million for investment in U.S. short treasuries and corporate bonds.
Altcoins Undergo Their Best Crypto Week since 2017, Polkadot and XLM Prices Expected to Rally Even Higher
Currently, Polkadot and Stellar Lumens (XLM) are bullish, and traders are expecting them to rally higher. Here's why.
Techlinker Asia Partners with TripleA to Remit Payments in Crypto
Tech talent and HR consultancy, Techlinker Asia has partnered with TripleA to allow clients to remit payments in cryptocurrencies or stablecoins.
EXcoin’s first year trading volume surpasses a staggering $600M
EXcoin Futures celebrated its one-year anniversary with trading volume now surpassing over $600M in 2019 for digital options derivatives, and setting the record for “platform with the highest trading volume” in MetaTrader4, MT4’s history.
Senator Lummis Advocates for Clear Crypto Regulations
US Senator Cynthia Lummis emphasizes the need for robust regulations in the crypto industry, targeting bad actors rather than the technology. She reintroduces the Lummis-Gillibrand bill to enhance oversight and protect against abuse, stressing the distinction between innovative crypto assets and illicit activities.
Tesla Earns $64m Profits from Selling 75% of BTC Holdings
Electric car manufacturer Tesla (TSLA) announced it earned $64 million profit from the sale of 75% of its BTC holdings, despite a $170 million impairment loss in Q2 this year.
Creating Corruption-Free Ecosystems with Blockchain: A Study
Fighting and eliminating corruption at government or society level is not easy, as complicity and cronyism creates a wall of silence and impunity around it. How can blockchain help to tear this wall down?
CipherTrace Reveals $1.4 Billion Worth of Crypto Assets Stolen in the First Five Months of 2020
Digital currency tracker CipherTrace has declared the valuation of cryptocurrency-related frauds in the first 5 months of 2020 to be $1.4 billion. This figure can spark insecurity among crypto investors but paying attention to security models can prevent such losses in the future. Several businesses particularly those geared towards blockchain technology experienced quantifiable economic downturns. Some of these downturns are just coming to limelight with the CipherTrace reports released on June 2.
China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance
China’s petrochemical industry has accomplished the first-ever blockchain-enabled digital warehouse receipt pledge financing transaction to minimize costs.
Blockchain Allowed 17 Million People to Travel Between Macau and China During Coronavirus
A blockchain-powered QR health code system has been instrumental in enabling at least 17 million people to travel between the Chinese mainland and Macau since May.
NYDFS Approved: Binance and Paxos New Stablecoin Collab & Paxos Gold-Backed Token
Crypto exchange giant Binance, and digital asset trust company Paxos recently announced their partnership to launch a USD-backed stablecoin. The announcement comes after the approval from the New York State Department of Financial Services (NYDPS). New York-based exchange and stablecoin operator, Paxos launched a gold-backed Ethereum-based token named Pax Gold (PAXG).
CoinFLEX Files for Restructuring in Seychelles
CoinFLEX expects the restructuring plan will bolster the company’s operations. The firm wants its depositors and the court to approve the arrangement that will see it issue its depositors' recovery value USD tokens.
Global Financial Indexes Provider MSCI Plans to Launch Crypto Indexes
Global securities index publisher MSCI is considering launching cryptocurrency indexes. Yet, Henry Fernandez, CEO of the MSCI did not disclose what assets any index would focus on nor any timeline for their introduction.
Blockchain Technology can Radically Revamp Government Structures, Cardano Founder Says
Blockchain technology has the capability of revolutionizing government structures from the whelms of archaic processes to modern ones, according to Cardano founder Charles Hoskinson.
MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users
DeSo, a new blockchain-backed by Coinbase, Sequoia, and Andreessen Horowitz, has announced its integration with MetaMask. As a result, millions of Ethereum users can now enjoy one-click access to encrypted on-chain messaging and a full Twitter-like feature set.
Ethereum’s Berlin Hard Fork Anticipated for April
While Ethereum developers have been working on perfecting ETH 2.0, an upgrade to the current Ethereum 1.0 mainnet is expected to go live in mid-April.
Nobel Laureate Prof Banerjee - Applying RCT to Financial Inclusion
Economists have long theorized on and sought to implement initiatives to increase financial inclusion. What are some of the policy initiatives developing countries should adopt to drive financial reform? What effect have initiatives had thus far in facilitating this financial transformation? Prof Banerjee will speak at the Asian Financial Forum on January 14th and explain his team's groundbreaking application of randomized control testing to inclusive finance.
Ukraine Cancells Crypto Airdrop Program, Instead Embraces NFTs Plan
The Ukrainian government confirms that it has cancelled the airdrop program that aimed to allow anyone to contribute to its crypto donations. The government is now opting to sell NFTs to raise funds.
Citi to Hire 100 Staff Members for Digit Assets Expansion Drive
Citi Group is looking to fill 100 jobs in its digital assets team. The news comes after the bank recently launched a digital assets group as part of its effort to respond to its customer demands for crypto products.
Google DeepMind: Subtle Adversarial Image Manipulation Influences Both AI Model and Human Perception
Recent DeepMind research reveals that subtle adversarial image manipulations, originally designed to deceive AI models, also subtly influence human perception. This discovery underscores similarities and distinctions in human and machine vision, emphasizing the need for further research in AI safety and security.
Binance Adds Smart Contracts to its Blockchain Platform, Moving Towards Direct Competition with Ethereum
Crypto giant Binance will be adding smart contracts to its blockchain platform, Binance Chain, according to its whitepaper released today.
US Awaits Recession While Bitcoin Becomes the Last Resort
The trade-war worries affected the financial markets on Wednesday, while stocks and commodities tumbled in Europe and the United States. Equities declined more than 1% in the United States after the S&P 500 Index fell 2.93%, the NASDAQ shed 3%, and the Dow Jones tumbled over 3%.
Dubai Police Releases Free NFTs to Enhance Authority
As part of a campaign to showcase security, innovation, and communication values, the Dubai Police has rolled out a set of non-fungible tokens (NFTs) comprising 150 free digital assets.
Ethereum Recording Massive Retail Storm As Number of Ethereum Addresses Hit Another ATH
The total number of Ethereum addresses holding at least 0.1 ETH surges to a new high, a day after setting the milestone.
Monetary Authority of Singapore Sets Up New Institute of Digital Finance for Boosting Fintech and Digital Asset Research
The Monetary Authority of Singapore (MAS) has teamed up with the National Research Foundation, and the National University of Singapore to set up a research institute that will develop and support the needs of digital financial services in Asia.
Exclusive: Transforming Healthcare Megatrends with Blockchain Healthcare Specialist
We are delighted to speak with Gerard Dache, Executive Director of GBA in his blockchain journey, the state of professional chapters for GBA and blockchain specialist courses. In particular, Gerard analyzes the uniqueness of blockchain healthcare specialists and its role in transforming the megatrends in the healthcare industry!
Microsoft Acquires Activision Blizzard for $68.7B, Enters Metaverse
Microsoft announced that it has acquired Activision Blizzard for $68.7b, laying the foundation for Microsoft's entry into the Metaverse and accelerating its gaming business.
Unstoppable Domains Pairs with MoonPay to Optimise Crypto Payments
Unstoppable Domains is introducing an easier way for clients to buy crypto on MoonPay. Users will be able to use their customized domain names as a wallet when buying assets on the platform.
How Australia's National Blockchain Roadmap Will Change The Future
Australia was one of the first countries to recognize the immense potential of blockchain technology and to incorporate it into various sectors in the country.
DEC Pulls $9M in Seed Funding to Create Decentralized Uber
The Decentralized Engineering Corporation has pooled a $9M Seed Fund to build a ridesharing Protocol
Tech Adoption Fueled by COVID-19, Will Global Blockchain Adoption Be Accelerated Too?
Coronavirus has driven global economies and businesses to the ground, but one industry that has benefitted from the pandemic appears to be the tech sector.
Bitcoin Price Surges While the British Pound Falls During Brexit Fiasco
Bitcoin’s price shot up above $10,000, and other major cryptocurrencies have also seen gains. The turmoil surrounding the possibility of a no-deal Brexit has led to the fall of the British Pound.
IRS is Developing 'Hundreds' of Crypto Cases Amid Upcoming Tax Season
The United States IRS is building crypto cases and is looking toward hiring new hands to help handle its operations
Enigma Settles With US SEC Over Unregistered 2017 ICO
The US Securities and Exchange Commission (SEC) recently announced it has settled charges against blockchain startup Enigma MPC.
Blockchain-Powered A-Medicare Platform Gains Popularity on Social Media
The A-Medicare platform that is engineered through blockchain, artificial intelligence, and other cutting edge technologies has excited Americans based on its quest to make healthcare available and affordable to all citizens.
Emsisoft Releases Solution for BTC Demanding Ransomware WannaCryFake
Emsisoft, the cybersecurity firm, has released a new free fix for WannaCryFake—the malicious bitcoin (BTC) demanding ransomware.
NFL Announces to Host 2024 Draft in Detroit, Seeking Blockchain Sponsorship Deals
National Football League (NFL) announced Monday that the NFL 2024 draft will be held on April 24 at Matthews Campus Park in downtown Detroit. NFL is seeking blockchain sponsorship deals.
New York Times Experiments with Blockchain to Combat Fake News
The New York Times made an announcement regarding their new project by their research and development team focused on experiments using blockchain.
Ripple: 99% of Respondents Would Consider Using Digital Assets to Process Cross-Border Payments
Ripple’s third annual Blockchain in Payments report identified that blockchain adoption is key to successful growth strategies for financial institutions.
Legend of Wuhan Coronavirus Whistleblower Will Live Forever on Ethereum Blockchain
Li Wenliang was an ophthalmologist at Wuhan Central Hospital who became something of a national hero amidst the turmoil of the Coronavirus. Identifying the deadly virus early, he was silenced by his government for trying to warn the public. His legend has only been further galvanized on the Ethereum blockchain following his recent death where he succumbed to the dreaded illness
dYdX Initiates Token Migration Following Layer-1 Blockchain Inception
Antonio Juliano, dYdX founder, has flagged an upcoming large-scale migration of locked $DYDX tokens to the dYdX Chain following its recent launch. This migration, strictly abiding by legal agreements, marks a significant phase in dYdX's transition to a layer-1 blockchain, amplifying the utility of DYDX tokens for staking and governance purposes.
Blockchain Intelligence Startup TRM Labs Raises $14M Investment Round from PayPal & Salesforce
San Francisco-based blockchain intelligence platform TRM Labs announced the company completes a Series A funding with a total value of $14 million on June 17.
Binance expands with blockchain hub in Georgia
Cryptocurrency exchange Binance has opened a blockchain hub in Georgia to promote crypto adoption in the country, create more jobs and attract talent to the blockchain sector.
Stablecoins Will See Bigger Adoption than CBDCs, says Circle Founder
Central bank digital currency (CBDC) across global economies appear to be inevitable, as central banks have been issuing their own pilot tests of CBDC.
OpenAI Initiates Preparedness Team to Address AI Catastrophic Risks
OpenAI has launched a new Preparedness initiative, led by Aleksander Madry, to address catastrophic risks associated with AI models. The initiative will monitor, evaluate, and mitigate potential dangers, develop a Risk-Informed Development Policy, and launch an AI Preparedness Challenge to recruit talent.
Alchemy Pay to Deploy on Polygon zkEVM Chain
Alchemy Pay is partnering with Polygon to integrate its payment services on Polygon's zkEVM chain, allowing users to convert local fiat currencies into cryptocurrencies. This zero knowledge scaling solution combines Ethereum Virtual Machine and Ethereum L1 security, reducing transaction costs and increasing throughput.
US SEC Rejects Bitwise Proposal to List Bitcoin ETF
The United States Securities and Exchange Commission (SEC) has rejected a proposal filed by Bitwise Asset Management to list a Bitcoin (BTC) exchange-traded fund (ETF).
Silk Road's Ross Ulbricht Apologizes to the Public on the Eve of His 10th Year in Prison
Silk Road founder Ross Ulbricht who is currently serving a double sentence in prison for his role in running a distribution network that allows buying and selling hard drugs through the use of Bitcoin made a statement on Friday describing his emotions on the eve of his 10th year in prison
CUHK Pairs with ConsenSys To Launch Blockchain-based Covid Digital Health Passport
The Chinese University of Hong Kong and an Ethereum technology company-ConsenSys have launched a blockchain solution-based digital health passport for trial to record all Covid-19 related activities.
Bitcoin Hits a Five-month Low of $39,650, Leading to $323M Liquidation for Crypto Traders
Bitcoin prices hit a five-month low of $39,650 on Monday, before briefly dipping 40K before bouncing back to the $41.5K level with over 103,839 traders were liquidated in the past 24 hours, valued at$329.63 Million.
Tone Vays and Blockstream CEO's "Shitcoin List" Includes Ethereum, Ripple, Litecoin, and EOS
Tone Vays believes that Ethereum, XRP, Litecoin, BCH, Tether, EOS, Dash, Cardano, BSV, IOTA, Chainlink, and Monero are all "shitcoins." Blockstream CEO agrees.
Riot Blockchain Hires Nomura M&A Banker Jason Chung as Corporate Development Head
Riot Blockchain has appointed a new head to lead the corporate development affairs with his proven experience in strategy and M&A.
Ex-Cambridge Analytica Employee Confident that Blockchain Can Help Protect Personal Data
Brittany Kaiser, the Cambridge Analytica scandal whistleblower discussed in an interview at the World Economic Forum that blockchain technology could be an important tool to address data protection issues.
CryptoFin is the largest blockchain, cryptocurrency and alternative banking conference in Northern Europe
The capital city of the Northern star Estonia will host the 2-day international event CryptoFin Conference & Expo on 14-15 of October 2019 at the Creative Hub.
World’s Largest Metaverse Builder Community SandStorm Launches Build Proposals for Brands
Leading metaverse builder community SandStorm has released its highly anticipated “proposal and bid” platform. This metaverse construction market pairs brands with builders from top virtual worlds including Decentraland and The Sandbox, allowing brands to deploy assets and experiences on demand. Its decentralized approach aggregates the best builders to provide unparalleled quality and cost savings to brands pioneering the metaverse.
AllianceBlock and Crunchbase Partner to Enhance Decentralized Business Data
AllianceBlock has partnered with Crunchbase to offer its business data to Data Tunnel users. The partnership will enable blockchain businesses and developers to create applications like default probability models, customer acquisition profiles, and untapped market maps using Crunchbase's investment, funding, and industry trends data. The AllianceBlock Data Tunnel is a public marketplace for standardized data that allows for the sharing and combination of information without intermediaries.
Fetch AI's Discord Server Hacked Through Unauthorized Access
Fetch AI's Discord server was compromised on Aug 12, 2023, via unauthorized access. Users are urged to remain vigilant.
DeFi Project ChangeX launches its CHANGE token on Uniswap, HydraDEX to strong investor interest
DeFi project ChangeX has successfully launched its CHANGE token for trading on HydraDEX and Uniswap to strong investor interest, company officials said. The app supports several trading pairs in order to offer a broader range of possibilities to investors, BTC and ETH cross-chain swaps included.
Bitcoin Options Expiry Might Form New Support for a Bullish Price Surge
Expiring Bitcoin options may be a springboard for a new price discovery.
OKX Founder Star Xu Advocates for Compliance Controls while questioning UniSat Wallet
OKX founder Star Xu emphasizes compliance controls in crypto, citing 'Multichain' as a risk example. He also questions the nature of UniSat Wallet's new brc20-swap.
The Networked Ledger—The Evolution of Blockchain Software from Bitcoin to Ethereum
A look at origins and how blockhain has evolved and continues to disrupt our systems of industry and finance, from Bitcoin to Ethereum
Liquid Network: The Platform for the Fastest Bitcoin Transactions?
Samson Mow is an entrepreneur and marketing strategist who is currently serving as the Chief Strategy Officer at Blockstream. In Part 2 of the interview, Samson unmasked the power behind Liquid Network, how Liquid transactions work and c-lightning on Liquid. He also shared the latest initiatives of Blockstream and his personal take of Bitcoin in 2020.
Iran Pushes Oil Investment on Citizens, Winklevoss Advises Bitcoin
Despite the oil price taking a beating this year, Iran has urged its citizens to invest in a scheme that would pre-sell 220 million barrels and drive liquidity into the OPEC nation's struggling economy. In response, Cameron Winklevoss tweeted that Bitcoin is a far better investment.
Gemini Delves Deeper into Crypto Space with Nifty Gateway Acquisition
Gemini, a cryptocurrency exchange behemoth, has revealed the acquisition of Nifty Gateway, a famed platform for non-fungible tokens (NFTs), also called nifties. Expressly, nifties are used in powering the emerging economy of virtual goods and digital collectibles.
Google’s Quantum Technology Could Satiate Proof-of-Stake Detractors
Google’s newly achieved ‘Quantum Supremacy’ computing technology has been marked for some surprising applications in the cryptocurrency space. According to one researcher on the project, the technology could enhance the proof-of-stake (PoS) algorithm.
Huawei’s CEO Responds to Facebook: China Can Issue Its Own Libra
Ren Zhengfei, CEO of China’s Huawei believes that China can create their own digital currency in response to Facebook’s Libra.
Crypto Trading Robot Platform 3Commas Raises $37m in Series B Funding
3Commas announced the completion of a $37 million Series B financing. The new funding would be used for advancing its trading automation and the portfolio management technology ecosystem.
‘AML BitCoin’ Lobbyist Abramoff Pleads Guilty to ICO Fraud
AML BitCoin lobbyist Jack Abramoff has pleaded guilty to multiple accounts of fraud associated with the 2018 Initial Coin Offering (ICO) for AML BitCoin.
MoneyGram CEO Praises Ripple XRP for Providing Speed and Efficiency for Cross-Border Payments
MoneyGram CEO Alex Holmes praised Ripple for the innovation it was providing to the blockchain and cryptocurrency space.
Indian Tech Giant Infosys and Matic Network to Reinvigorate Dapp User Experience
In a pivotal technological partnership, Infosys joins Matic network as an early transaction validator. This synergy will offer a strong tech structure to the Matic operations with DApps.
UN convenes AI High-level Advisory Body for Global Governance
The UN Secretary-General is convening a High-level Advisory Body on AI to analyze and advance recommendations for global AI governance. Comprising up to 38 international experts from government, private sector, and civil society, the body aims to harness AI for humanity while addressing its risks. The initiative, which underscores the importance of a globally inclusive approach, seeks to align AI governance with human rights and Sustainable Development Goals.
Voyager Customers Could Get 72% if Bankruptcy Sale Succeeds
Bankrupt crypto lender Voyager may repay customers 72% of their accounts' value if the company can sell itself to digital-asset exchange FTX US.
ECB Publishes New Guideline on Regulated Digital Asset Licensing
The European Central Bank (ECB) has issued new licensing guidelines for regulating digital assets, although it currently does not have a unified regulatory framework governing crypto-asset activities and services.
Heaven for Bitcoin Miners? Iran Officially Legalizes Crypto Mining
The Iran Chamber of Commerce, Industries, Mines and Agriculture recently published a statement that the Iranian Economic Commission has approved a mechanism for digital coin mining.
Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT
Bitmain has launched a cheaper version of a Bitcoin mining machine, Antminer T19, compared to its more pricy predecessor Antminer S19. Bitmain has been losing its market share to its rival, MicroBT, which launched its M30S++ Bitcoin miner in April this year. The Antminer T19 has a hashrate/ mining power of 84 terahash per second (TH/s), and power efficiency of 37.5 joules per terahash (J/TH). The price of this new mining machine is around $1750, while the S19 costs around $1785.
IMF Warns of AI's Impact on Global Job Market: 40% Positions at Risk
The IMF warns that AI could impact 40% of global jobs, rising to 60% in advanced economies. This trend may exacerbate income inequality, with younger workers adapting more easily than older ones. The IMF urges comprehensive safety nets and retraining programs to mitigate the effects.
Brazil Securities and Exchange Commission Bars Bybit Offering Crypto Trading
Brazilian Securities and Exchange Commission (CVM) ordered the ban on cryptocurrency exchange Bybit from engaging in the securities brokerage business.
IMF Officials Warns Monetary Risks of adopting BTC as Legal Tender
Two International Monetary Fund (IMF) officials criticize without name and shame that the adoption of Bitcoin as legal tender in some countries would be risky and “could be dire” to its economy.
Over 101 Carat Diamond Sold for $12.2M in Crypto in Hong Kong
A 101.38-carat diamond has been sold for over $12.2M, conducted by Sotheby’s in Hong Kong recently. The transaction will be accepted in cryptocurrency, either in Bitcoin or Ether, as payment.
Hyperledger's Brian Behlendorf on Blockchain Interoperability, China's BSN, ID2020 and CBDC
Brian Behlendorf, Executive Director of Hyperledger discusses open-source software development and blockchain technology, China's BSN, ID2020, and CBDC.
Former Federal Reserve Chair Janet Yellen to speak at AFF, Global business leaders to share insights on economic challenges
Business leaders from around the world will gather in Hong Kong to share insights at the 13th Asian Financial Forum (AFF), which takes place on 13 and 14 January 2020 at the Hong Kong Convention and Exhibition Centre (HKCEC). Under the theme “Redefining Growth: Innovation ∙ Breakthrough ∙ Inclusiveness”, global financial experts, policymakers, business leaders and economists will examine topical issues in the global economy and explore new opportunities. This year’s AFF will feature discussions on a wide range of issues such as the new global economy, fintech, sustainable and inclusive development and green financing, offering participants a head start in identifying new economic challenges and opportunities.
How Dapps Will Become Superior Over Apps
Blockchain has made the creation of DApps (Decentralized Applications) a reality. The benefits rendered by DApps considerably out-weigh those presented by Apps (Applications).
Twitter Hack Goes Viral as Bill Gates, Elon Musk, and Biden Hit by Massive Bitcoin Scam
Twitter has gone haywire as news of a Bitcoin scam hack targeting multiple high-profile figures such as Bill Gates, Elon Musk, Joe Biden, Jeff Bezos, and even multinational tech company Apple has broken out.
Hut 8 Mining Corp Generated 330 BTC in July, Becoming one of the Largest BTC Holders
North American publicly traded cryptocurrency mining company Hut 8 Mining Corp has announced its July 2022 operational update.
EY: How Blockchain Revolutionizes Tax Operations for Businesses in 2 Ways
Following Part 1 of the interview, we looked at Ernst & Young’s perspective on how blockchain can be an effective tool for huge tax savings. Jimmy also shared the progress of Nightfall, zero-knowledge proof technology on the role of privacy transactions on public blockchains.
Indian Crypto Taxation Leads to Increase in Daily Sign-ups for Exchange Platforms
Indian crypto-asset exchange platform WazirX witnessed a 30% jump in its daily sign-ups since the country decided to impose a 30% tax on profits from cryptocurrency trading, according to co-founder Nischal Shetty.
Wall Street Indices End The Week With Gains Seen On BTC, ETH and XRP
Wall Street Indices including the Dow Jones, S&P 500, and the Nasdaq Composite closed higher on Friday alongside BTC, ETH, and XRP. Technical analysis was used.
Beware Of Impostors: China Has Not Issued or Released A Date For Its Digital Currency
Owing to this, a statement released by the People's Bank of China on October 13, warned the general public to beware of such fake platforms and organizations as they are not related to the Bank of China.
Foundry Digital Joins Forces with Crypto Lobbying Group Blockchain Association
By joining the Blockchain Association, the members hope to help educate and inform those who may shape the future of the blockchain and crypto industry.
Starknet's Massive STRK Token Airdrop: Navigating the Hype and the Hunt for Rewards
Starknet Foundation's strategic airdrop of 1.8 billion STRK tokens aims to fuel network growth and user engagement, amidst concerns of airdrop farming by savvy participants. Eligibility spans Ethereum developers, users, and a focus on rewarding community contributions.
Litecoin Hits Three-Year High as Litecoin ETP Launch Nears
Litecoin has started a strong uptrend since the end of March. On April 11, LTC hit a high of $263.15 on April 11. It exceeded the resistance level of $262, the highest point on February 26, 2018.
Bitcoin Mining Simulators VS Crypto Faucets – Who wins?
Compare Bitcoin faucets vs crypto mining simulator games in search of the best way to get free bitcoins and the most fun!
MLB All-Star and NY Yankee Pitcher Nestor Cortes Releasing Personal NFT Collection On The ReserveBlock RBX Network
MLB All-Star and NY Yankee Pitcher Nestor Cortes, aka “Nasty” Nestor, announced today that he will be releasing his exclusive NFT collection on the ReserveBlock Foundations RBX Network (reserveblock.io) protocol with a portion of his personal proceeds to benefit Sloan Kettering Memorial Hospital and Miami Children’s Hospital on Sunday evening July 17th. RBX is the first open-source decentralized NFT Centric Blockchain that enables true peer-to-peer operability for the minting and trading of NFTs with or without the need for a centralized authority.
DMG Blockchain Solutions Quarterly Revenue Leaps $14.2m, up 639% Year-over-Year
Blockchain and crypto company DMG Blockchain Solutions announced record revenue of $14.2 million in the first quarter of 2022, up 639% year-over-year.
MetaWeek 2022 Dubai: Featuring Top-notch Projects in Metaverse and Bringing Up Challenges for Social Impact and Mental Health Awareness
The MetaWeek conference, happening on September 11-14, 2022, will deliver exclusive insights and define current and future trends for Metaverse development in the Middle East and globally.
California's FPPC Updates Campaign Disclosure Rules, Including Cryptocurrency Contributions
California's FPPC updated campaign rules, including guidelines for cryptocurrency contributions, ensuring compliance with U.S. regulations and transparency in political financing.
Santa Cruz Adopts Blockchain for Govt Services
Santa Cruz County in California is set to launch a pilot program using a blockchain-powered digital wallet for government services, including bicycle registration and RV parking registration. The program, powered by HUMBL, will launch in July 2023 and run a three-stage pilot program. The county aims to provide a formal report and rollout plan for the digital wallet by September 2023.
Blockchain Sleuth ZachXBT Reports Alleged Harassment by IRS Criminal Investigation Unit
ZachXBT, a blockchain investigator, claims IRS-CI has harassed him for assistance in solving blockchain crimes, underscoring tensions between privacy and law enforcement.
Jerome Powell Renominated as the Next Federal Reserve Chairman
President Joe Biden has renominated Jerome Powell for a second term as Federal Reserve chairman and also appointed Fed Governor Lael Brainard as vice-chairperson.
Former Navy SEAL and Author Willard Chesney Joins CBS SEAL Team Actor Justin Melnick With NFT Collection Release On The ReserveBlock RBX Network
Former Navy SEAL Operator and Author Willard Chesney, the dog handler on the historic raid on the Osama Bin Laden compound, along with Justin Melnick, who plays Navy SEAL dog handler ‘Brock Reynolds’ on the CBS hit television series SEAL TEAM, are banding together to release an exclusive NFT collection utilizing the ReserveBlock RBX Network (reserveblock.io) protocol with a portion of the proceeds benefiting The Boot Campaign. This exclusive NFT series will each come with special unique digital and physical mementos as well as digitally paired with personal experiences with both Chesney and Melnick and will be directly offered from their digital wallets to anyone who wishes to participate.
EY Adopts Polygon Protocol & Framework on Ethereum Solution
Accountancy and consulting firm Ernst & Young (EY) announced Tuesday to provide blockchain solutions on the public Ethereum (ETH) blockchain ecosystem by utilizing Polygon protocol and framework.
Sony Reveals New Blockchain-Based Data Sharing System to Revolutionize the Future for Public Transportation Services
Japanese conglomerate Sony has announced a new successfully developed blockchain system, Mobility as a Service (MaaS) to provide people with data regarding optimal travel routes for using different types of transportation.
Binance-native blockchain BNB Chain continued to show steady activity growth
Despite the bad market, Messari researchers found that BNB Chain fundamentals and on-chain activities improved in Q4 2022.
Bitpanda-backed Pantos Launches Public Beta of Its Multichain Token System
Pantos, a multichain token system conceived by the team behind Bitpanda, announces the public beta launch of its multichain protocol today. Developers and users will be able to use the public beta to send tokens, wrap native coins of supported chains, and soon also create and deploy multichain tokens easily with a few clicks.
Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?
Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14.
DFINITY Unveils $20 Million ICP Asia Alliance to Propel Web3 Adoption
DFINITY Foundation launches the ICP Asia Alliance and a $20 million fund on September 28, 2023, to accelerate Web3 and AI adoption in Asia. The alliance aspires to unite diverse stakeholders, foster innovation, and catalyze the growth of the Internet Computer blockchain across the region, underlined by the establishment of multiple ICP.Hubs and strategic partnerships.
New London Upgrade Could Help Ethereum Hit $3,000, Crypto Expert Says
Ethereum is likely to increase its value based on the speculation and hype surrounding the London upgrade event.
How This Startup’s Blockchain Technology Applications in Estonia Verifies Online Identities
There are so many problems in the world. I’m sure you can name them. But here is another one: online identity fraud, which is rampant these days. It’s common, threatening everyone doing business online, especially businesses involving their activities in banking/financial services, online payment services, real estate, insurance, travel, and online market industries. Now, let's take a look at how this Estonian startup utilizes blockchain technology to help protect businesses and their clients from online identity fraud.
Here’s A Look at The Top Outlets For Blockchain Developers To Source Grants
Monetary grants are extremely important in any field - be it the arts, media, technology - especially nascent ones where there is a lot of scope for growth and development. For example, blockchain is one such domain which over the course of the last decade or so has seen an incredible output of innovation (ala smart contracts, decentralized finance, etc) from relatively independent developers working with limited resources.
Haun Ventures' Funding Round Helps Thirdweb's Valuation Reach $160M
Thirdweb has reached a $160 million valuation following a successful $24 million funding round led by Haun Ventures.
Crypto-Candidate Andrew Yang Officially Withdraws, Blockchain Loses Ally
Crypto-Candidate Andrew Yang Officially Withdraws, Blockchain Loses Ally
TRON Founder Justin Sun Offers Bounty Reward for Twitter Bitcoin Scammers
As distressed Twitter users scrambled to get a sense of the recent Bitcoin attack that happened earlier this week, TRON founder Justin Sun spoke up and offered a $1 million bounty reward for whoever was able to uncover the identities of those behind the Twitter mass hack.
Over Half of Fortune 100 Companies Embrace Crypto, Blockchain, and Web3, Reveals Coinbase Report
According to a recent report released by Coinbase, more than half of the Fortune 100 companies in the US have been actively pursuing crypto, blockchain, or web3 initiatives since the beginning of 2020.
Bitcoin Will One Day Close a $40,000 Daily Candle, says BTC Advocate Jimmy Song
Jimmy Song believes that Bitcoin's daily candle will one day close at more than $40,000 based on its present closure of at least $1900 in the past 24 hours.
Blockchain.com Gets Regulatory Approval to Operate Crypto Exchange in Dubai
London-based crypto firm Blockchain.com announced Friday that it has received regulatory approval to operate its exchange in Dubai, a city in the United Arab Emirates (UAE).
Celsius Co-Founder Daniel Leon Calls it Quits
The embattled crypto lender Celsius Network Ltd. has lost another top member as co-founder Daniel Leon resigned this week.
Australia Evaluates Mandatory AI Rules in High-Risk Areas
Australia is considering mandatory regulations for AI development in high-risk areas, balancing innovation with public safety, ethical concerns, and global alignment in AI governance.
High Risk Crypto Activity on The Rise in Eastern Europe Amid Russia-Ukraine War - Chainalysis
Illicit cryptocurrency activities have increased in the region driven by economic sanctions.
AI.com Now Redirects to Elon Musk's New AI Project X.ai
On August 2, the website X.ai, which is the official website of Elon Musk's new artificial intelligence project, started diverting traffic from the domain AI.com. Previously, traffic on this site was redirected to ChatGPT using the same URL.
Bitcoin Experiences Worst Selloff since May as BTC Trades below 200-Day Moving Average
Despite holding above the psychological price of $50K over the Christmas weekend, Bitcoin (BTC) experienced significant liquidation that drove the price downwards.
Ukraine Plans to Pilot CBDC Digital Hryvnia for Salary Payments
Ukraine has announced pilot testing plans for central bank digital currency to pay the national digital currency (CBDC) to its workers' salaries.
How Cryptocurrencies Can Help You Find Love This Valentine's Day
A Valentine's Day poll reveals that cryptocurrency may be key in compatible relationships.
Bitcoin Community Helps in Setting Up Italian Red Cross Medical Center to Fight Coronavirus
The Bitcoin community has funded a noble cause of establishing the second level Advanced Medical Post (AMP) belonging to the Italian Red Cross as it will be instrumental in saving lives in Italy amid the coronavirus (COVID-19) pandemic. The epidemic has hit Italy hard as it has recorded more than 132,000 cases and at least 16,000 deaths.
DWF Labs Invests $60 Million in EOS Network
DWF Labs, a digital asset market maker, has announced an investment deal worth over $60 million with the EOS Network Foundation. The deal includes a $45 million EOS token purchase agreement and a $15 million pledge to invest in businesses and projects based on EOS. The alliance aims to expedite the expansion and acceptance of the EOS Network, particularly with the launch of its enterprise-grade EOS Ethereum Virtual Machine.
IOTA Foundation and Jaguar Land Rover Introduce Open-Source DLT Framework
IOTA Foundation, a distributed-ledger technology developer, and Jaguar Land Rover, a leading British luxury car manufacturer, have introduced IOTA Access.
Bank of Jamaica Mints First Tranche of CBDC
The Bank of Jamaica has minted its first batch of its CBDC, the Digital Jamaican Dollar, and has entered a pilot testing phase.
Tokocrypto Gets Green Light as First Indonesian Crypto Exchange
Tokocrypto becomes the first cryptocurrency exchange platform to be approved by the Indonesian government. Having being established in Indonesia, Tokocrypto seeks to stamp its authority in this nation in the crypto space. Since 2018 to date, it has facilitated at least US$250 million in cryptocurrency assets.
Celsius Case Experts Yet to Understand Cryptos Ruling Under US Bankruptcy Code
Celsius Network's repayment options to creditors suggest either accepting "cash at a discount" or remaining long-term crypto holders, but this is yet to be decided as the crypto lender's bankruptcy case carries on.
Google Integrates Blockchain Technology to Root Out Fraudulent Actors
Google claimed that they started integrating blockchain technology into their exchange is security theater, since they would essentially write themselves out of the deal between advertisers and publishers if Google were to create an immutable, open, distributed public ledger for its exchange.
UK Supreme Court Denies AI's Claim to Inventorship in Landmark Case
The UK Supreme Court's decision not to acknowledge AI as an inventor highlights the importance of human involvement in patent applications, setting a precedent for future AI-related patent disputes.
Former Coinbase CLO Brian Brooks Joins Hashdex's Board of Directors
Brian Brooks, former Coinbase CLO and current Valor Capital Group partner, joins Hashdex's Board of Directors, aiming to accelerate the firm's global growth in the crypto asset management space.
Blockpass Supports Permissionless DeFi Protocol UniLend Fundraiser with KYC & AML Screening
HONG KONG, Nov 24, 2020 - (ACN Newswire) - Blockpass today announced a successful working partnership with UniLend, the decentralised finance (DeFi) platform. UniLend recently conducted a successful fundraiser, with Blockpass providing the requisite KYC and AML provision in order to meet regulatory compliance. By handling the compliance measures, the UniLend team were able to focus their efforts on the actual fundraising process.
FTX Ventures Leads $300m Series B Funding for Mysten Labs
Mysten Labs, the startup behind the highly hyped Sui blockchain protocol, has raised $300 million from top investors in the Web3.0 ecosystem.
The ECB Expresses Concerns on Regulating Stablecoins
Due to the lack of regulation of stablecoins, concerns have been conveyed by the European Central Bank (ECB) despite stablecoins with a clear governance framework.
Raising Blockchain Awareness will Spur More Adoption, Experts Say
Speaking at a blockchain conference dubbed BUIDL VietNam 2022, experts pointed out that raising awareness about this cutting-edge technology through regulatory frameworks, successful applications, and education would heighten adoption.
Alibaba Enters AI Race with Tongyi Qianwen Chatbot
Chinese e-commerce giant, Alibaba, has announced its own version of a chatbot assistant, Tongyi Qianwen, which will be integrated with its vast ecosystem of tech businesses. The chatbot will be able to communicate in English and Mandarin and perform tasks such as turning conversations into written notes, writing emails, and drafting business proposals. Alibaba's new product has drawn comparisons to OpenAI's ChatGPT and Google's Bard and Baidu's Ernie.
MarketAcross To Join Benzinga’s Future Of Crypto Summit As Global Media Partner
MarketAcross, the premier blockchain PR and marketing firm, is the official global media partner for the Future of Crypto conference, organized by Benzinga. The event is a new Benzinga initiative which wants to focus on the broader cryptocurrency industry, including DeFi and NFTs.
Euler Finance Audited 10 Times Before $196 Million Attack
Euler Finance, an Ethereum-based lending protocol, underwent 10 audits from six different firms in two years before it suffered a $196 million flash loan attack. Despite this, the audits deemed the platform "nothing higher than low risk" with "no outstanding issues." The attack prompted Euler to launch a $1 million bounty for information leading to the hacker's arrest, only for them to move the funds through crypto mixer Tornado Cash.
Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars
According to federal authorities in the US, a group of international cybercriminals has been reportedly attacking the US unemployment systems, funneling millions of dollars in payments that were intended to support the detrimental effects the coronavirus pandemic had on the economy. With the number of infections in the US growing at an appalling rate, so far 1.5 million American citizens have been infected, with over 90,000 related deaths. The unemployment crisis in the country has surpassed the rate since the Great Depression, as the official US unemployment rate is at its highest in recorded history, at an alarming 14.7 percent. The New York Times obtained a memo from the US Secret Service, indicating that the fraud scheme was coming from a “well-organized Nigerian fraud ring,” and could result in the loss of hundreds of millions of dollars in the American financial system.
OKG Holdings Says OKEx Founder Investigation Won't Impact Business, OKB Price Plunges Further
OKG Technology Holdings Limited has announced that operations won't be affected, despite the PRC investigation into controlling shareholder and OKEx Founder Star Xu.
World Economic Forum Wants to Eradicate Abusive Sexually Violent Internet Content with Blockchain
The World Economic Forum (WEF) views blockchain technology as a turning point in addressing the internet of abusive imagery associated with social ills like sexual violence.
PwC Felix Kan: The Ethical Hacker for Modern Cyberattacks
Felix Kan is a Partner in PwC’s Risk Assurance Cybersecurity Privacy practice with 10 years of extensive experience. Kan began his career as an ethical hacker and has committed his career to helping Hong Kong companies enhance their protections against increasingly sophisticated cyberattacks.
Covid-19 and DeFi — TokenInsights Releases Q2 2020 Report on Decentralized Ecosystem
TokenInsights has released their Q2 2020 DeFi industry report to shed some light on the fast-moving Decentralized Finance (DeFi) ecosystem and how it withstood the onslaught of the COVID-19 market.
Crypto.com Removes Data from CoinMarketCap after Prices go Haywire
Cryptocurrency data provider CoinMarketCap.com had a data failure on Tuesday night, causing many cryptocurrencies to show astronomical gains.
Can Jack Ma's ANT Group meet China's Regulators Requirements?
Following the suspension of its IPO, whether Ant Group will manage to restructure itself, to meet China's new tightened regulatory requirements still remains anyone’s guess.
IPFS: The Decentralization of the Web and the Future of Blockchain
This is one of the weaknesses of the current centralized web. Blocking a site simply requires finding the server on which it is located and asking the operator to turn it off or telephone operators to block the connection to the specific IP address of the server. In the case of a site to which a large number of users contribute you will need to block all those computers, greatly increasing the resistance against censorship. The IPFS takes advantage of blockchain technology and the peer-to-peer Torrent protocol, creating a permanent web and distributing "bits" of portals and websites among all Internet users who decide to install the client program associated with the project on their computers.
1Bn Crypto Users Forecasted in the Next Decade, Says Coinbase CEO
Brian Armstrong, CEO of Coinbase Global Inc, predicted there would be up to 1 billion users of cryptocurrencies within the next decade.
Ubisoft to Launch Blockchain-Based Collectibles to Support UNICEF
Ubisoft, the French-based video gaming company has launched blockchain-based collectibles in a bid to raise funds for UNICEF. Cryptocurrencies are taking the lead in fundraisers particularly due to their anonymous nature.
Binance Earmarks $1B to Fund Growth Initiatives in Crypto Ecosystem
Binance, the world’s biggest digital asset trading platform, said it has earmarked $1 billion to fund growth initiatives in the cryptocurrency ecosystem.
Chico Crypto Goes Head-to-Head with Cardano Founder on Smart Contracts
Crypto gets its first bout in the ring with well-known crypto YouTuber Tyler Swope aka Chico Crypto going head to head against Charles Hoskinson Founder of Cardano.
Switzerland Parliament Blockchain Act Reform Validates Crypto and Digital Assets
The Swiss parliament has revamped and clarified legislation on blockchain technology and digital currencies activity in the country
Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?
When Facebook released Libra’s whitepaper, Hedera Hashgraph allegedly “thanks” Facebook for imitating their governance model. What is the story behind?
Ethereum Takes the Lead in GitHub Development Activity
Ethereum continues to scale heights because it has jumped to the top position in terms of GitHub development activity, according to market insight provider Santiment.
Mastercard Launches Web3 Crypto Solution
Mastercard has launched a Web3 solution called the "Mastercard Crypto Credential" aimed at improving user verification standards in the digital asset space. The solution offers users a unique identifier, helping them to verify that an address has been vetted by Mastercard and operating in compliance with the firm's standards. Partnerships with crypto wallet providers and blockchains were also announced.
OKX Global Ad Campaign Targets Outdated Financial Systems
OKX's global ad campaign calls for a rewrite of the centralized financial system, seemingly taking a dig at Coinbase's "update the system" campaign. OKX argues that the decentralized nature of Web3 means consumers don't need centralized players. The campaign was produced in collaboration with BBDO New York, OKX's advertising agency.
Bitcoin Cash ABC (BCHA) Stays Afloat and Is Up 70%, Will The Blockchain Fork Make It?
Despite being blocks behind Bitcoin Cash Node after the split from Bitcoin Cash, lead developer Amaury Séchet’s Bitcoin Cash ABC (BCHA) has up to now survived.
Explosive Growth Forecasted for Blockchain Gaming: Market to Hit $614 Billion by 2030
The blockchain gaming market is predicted to surge from $154.46 billion in 2023 to $614.91 billion by 2030, fueled by trends like DAOs, crypto adoption, AR/VR, cloud gaming, and creative collaborations.
3AC, Coinflex Founders Raise $25M For Claims Trading Exchange
The creators of bankrupt crypto hedge firm 3AC are raising funds for a new cryptocurrency exchange. Their pitch deck seeks $25 million. Presentations call the new exchange GTX. On June 27, 3AC went bankrupt, and Su and Davies disappeared.
Nigerian Blockchain Remittance Platform Afriex Raises $10M in Series A Funding
Nigerian fintech startup Afriex has closed a $10 million Series A round at a $60 million valuation.
UC Berkeley Launches Defi MOOC to Students and Opens to The Public
The University of California at Berkeley (UC Berkely) has introduced a massive open online course (or MOOC) concerning decentralized finance to the public.
Banking Giant Morgan Stanley Purchases 28,289 Shares of Grayscale Bitcoin Trust
According to the U.S. Securities and Exchange Commission's document, the US leading investment bank Morgan Stanley is buying 28,289 shares of Grayscale Bitcoin Trust through its European Opportunity Fund.
Tiffany & Co. to Turn CryptoPunk NFTs into Pendants
Jewellery firm Tiffany & Co. will be turning a limited number of CryptoPunk NFTs into custom pendants containing gemstones and diamonds.
DBS Bank Issues $15M Digital Bonds through DBS Digital Exchange
Singapore-based DBS Bank announced the issuance of digital bonds worth 15 million SGD (US$11.3 million) in its first security token offering (STO).
Chinese President Advises the Government to Use Blockchain and Artificial Intelligence for Epidemic Prevention
During a recent inspection in Zhejiang, Chinese President Xi Jinping emphasized the necessity for the various decisions and arrangements of the government to plan for prevention and control of the coronavirus outbreak and economic and social development work.
Ethereum to Launch Zhejiang Public Withdrawal Testnet
Staked Ethereum is frozen until the Shanghai update.
DeFiChain’s DFI Token Starts Trading on Huobi Global
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, officially announces the listing of its native DFI token on Huobi Global, one of the world’s leading cryptocurrency exchanges.
Binance to Step up Investment in France by up to $113M
Binance is cooperating with the French financial technology industry group to invest 100 million euros, which equals $113 million to support the development of the French blockchain industry and cryptocurrency.
Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption
Santander Bank, a major European financial presence and one Ripple’s most prestigious partners is reportedly hesitating to add XRP to its international payments network - One Pay FX
Africa Web3 Gaming Publisher Carry1st Raises $27M
Carry1st raised $27 million to expand its African publishing and digital content development platform. The additional money will enhance Pay1st's monetization-as-a-service platform. Africa is a fast-growing digital asset market.
How Small Businesses can use Blockchain?
Here are some of the best ways small businesses can use blockchain without burning a hole in their pocket.
Crypto Sector Could see new Rules from Global Regulators
Although regulators have been slow to make a move on the crypto industry, they could come up with a new global framework of rules within months, an official from the Financial Stability Board said.
Blockchain-Powered Cross-Border B2B Transactions to Surpass $4.4 Trillion by 2024
According to Juniper Research, blockchain-enabled B2B cross-border payments will be more than $4.4 trillion by 2024. This will be a substantial rise from the current $171 billion.
Tether becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain
Tether, a reputable stablecoin provider, has incorporated its U.S. dollar-backed stablecoin USDT into Algorand’s blockchain ecosystem. Tether’s presence on Algorand will facilitate block confirmation in less than four seconds and transaction fees will be a fraction of a cent.
Bitfinex Successfully Prevents $15 Billion XRP Exploit Attempt
Bitfinex successfully prevented a complex exploit attempt targeting $15 billion worth of XRP, highlighting the continuous need for advanced security measures in cryptocurrency exchanges. The exchange's correct system configurations played a pivotal role in averting potential theft, emphasizing the importance of robust cybersecurity practices in the digital currency domain.
Cometh Gaming Studio Announces $10m Funding in Seed Round
Cometh gaming studio has announced a $10 million seed round as it launched a second blockchain-based video game.
Goldman Sachs Says Bitcoin Could Beat Gold in Market Shares
As digital assets have become more widely accepted in many economies, Bitcoin is likely to overtake gold in market shares in 2022, Goldman Sachs analyst Zach Pandl said in a research note.
Drosey's Web5 to Merge Web3 and Web 2.0, Built on Bitcoin Blockchain
Web5 is a combination of Web3 and Web 2.0 built on the Bitcoin blockchain, former Twitter CEO Jack Dorsey announced through Twitter.
Chainalysis Adds Bitcoin to Balance Sheet as BTC Soars Above $63,000
Blockchain and cryptocurrency data compliance platform Chainalysis has announced it is adding Bitcoin (BTC) to its balance sheet.
Solo Bitcoin Miner Wins Rare Block Reward Worth Over $150,000
A solo Bitcoin miner successfully mined the 780,112th block in the Bitcoin blockchain, earning a block reward of 6.25 BTC worth over $150,000. The miner was able to produce a valid hash after just two days of mining, a rare occurrence that typically takes solo miners months to achieve. The miner may have rented hashing power to produce the output hash, and they used the Solo CK Pool mining service to create a solo mining pool.
Thai SEC Bars Crypto Staking & Lender Services after Zipmex’s Bankruptcy
Thai regulator has banned digital asset operators from offering crypto depository services that pay returns to depositors to protect traders and the public from service providers’ business risks.
Bitcoin Mining Giant Hut 8 Set to Merge with USBTC
Hut 8 Mining Corp. is set to merge with US Bitcoin Corp. to form a major publicly traded Bitcoin miner, focusing on economical mining, diversified revenue, and environmental, social, and governance practices.
Bitcoin, Ethereum and LINK Could Benefit From Trump's TikTok Ban
President Donald Trump has issued an executive order that seeks to ban TikTok from the United States, following the controversy that the Chinese-owned app raises serious security concerns and that it collects personal information on its users.
Privacy blockchain platform Aztec to shut down Aztec Connect
Privacy-oriented blockchain platform Aztec is set to shut down Aztec Connect, its network's privacy infrastructure serving as the encryption layer for Ethereum. Aztec will no longer run a sequencer from March 2024, and the current system will no longer publish rollup blocks processing Aztec Connect transactions.
Crypto Investment Firm Paradigm Welcomes New Government Affairs Lead Alex Grieve
Alex Grieve joins Paradigm as Government Affairs Lead, bringing a decade of experience in politics and financial policy. Paradigm broadens its focus to include AI alongside crypto.
The Chainsmokers are Cutting Out Scalpers by Backing Blockchain-Based Ticketing Platform
The Chainsmokers, and their manager Adam Alpert, CEO at Disruptor Records are backing YellowHeart, a new ticketing platform founded by Josh Katz, a music executive.
Crypto Exchange Bitfinex to Stop Serving Ontario Crypto Investors
Cryptocurrency exchange Bitfinex announced that it will be leaving the Ontario market, reminding users to withdraw all their funds before March 1.
Metacade raises over $14.7M as presale set to close in 72 hours
Metacade, one of the most exciting GameFi ventures of 2023, has now raised over $14.7m as the presale goes into its final hours. With over 90% sold, the project expects to sell out ahead of their scheduled closing time, set for Friday 31st March at 23:59 Pacific Time.
Global Blockchain Technology Market in BFSI Sector Expected to Hit $4.02B by 2026
The global blockchain technology market in the banking, financial services, and insurance (BFSI) sector is expected to hit $4.02 billion by 2026 thanks to a surge in FinTech spending, according to ReportLinker.
Offchain Labs's Arbitrum Stylus Goes Live
Offchain Labs has released the public testnet and code for Arbitrum Stylus, an open-source framework for smart contracts on Arbitrum Nitro chains. The SDK offers 10x improvement in computational speed and 100x improvement in memory efficiency, reducing gas costs and improving smart contract security.
1 Billion Crypto Users Projected by 2030, Study Shows
According to a joint study by Boston Consulting Group (BCG), Bitget and Foresight Ventures, the total number of cryptocurrency users will reach 1 billion by 2030.
How online users are turning to casinos for BTC wins
More and more online users are searching for ways to win big online, and betting with BTC has become the newest trend, read on for more
Chainlink And Pitango’s First Labs Unveil Summit And Hackathon To Boost Web3 Development In Israel
Upcoming Web3 summit and hackathon to enhance Israel’s web3 startup ecosystem by connecting initiatives with mentorship and industry thought leaders.
Legendary Artist Yoshitaka Amano Partners With Astar Network For His New NFT Collection
Astar Network, a smart contracts platform for multichain, today announces its partnership with the legendary artist Yoshitaka Amano to create and release an exclusive NFT collection on the Astar blockchain. This is the first time Mr. Amano’s fantasy worlds and characters will come to life on a blockchain, where his art can interact with the projects and communities of Astar.
Exclusive from Hedera Hashgraph CEO: Hashgraph is BFT, Blockchains are not
In this second part of our exclusive interview with Mance Harmon, CEO and Co-Founder of Hedera Hashgraph, we discuss the Hashgraph’s unique consensus mechanism, Hedera Hashgraph 2.0 and why the hashgraph is ACID compliant while blockchains are not.
Deloitte Partners With Chronicled to Fight Counterfeit Medication Using Blockchain Technology
Leading audit firm Deloitte has partnered with Chronicled, a San Francisco tech company, to address medication fraud and counterfeit drugs through blockchain technology. Chronicled will provide its blockchain-enabled network dubbed MediLedger that has been instrumental in the healthcare and life sciences sector.
Telegram Agrees to Turn Over ICO Documents To SEC
Telegram has agreed to provide the SEC with ICO Documents.
Ethereum 2.0 Developer Says Phase 0 Most Likely Delayed Until 2021, Vitalik Buterin Disagrees
Justin Drake, an Ethereum Foundation Researcher working on Phase 0 of Ethereum 2.0 said the project will not go live until 2021. The announcement of the delay appeared to confuse Vitalik Buterin who disagreed that the upgrade to the network could not meet its 2020 deadline.
SBI Group Introduces Blockchain-Based Money Transfer Service Between Japan And Vietnam
SBI Ripple Asia recently announced that it has joined hands with SBI Remit to provide money transfer services between Japan and Vietnam using blockchain technology. Of course, the two Japanese companies are working with a local Vietnamese bank – Tien Phong commercial joint stock bank – for making the transfer in fiat currency.
Solid Bull Run: Why Ethereum Is Up 50% in 10 Days
Ethereum faced a flash crash on August 1, where it plummeted by approximately $90 from $415 in 5 minutes.
How can Blockchain Disrupt Web Hosting Ecosystem for Good?
How does blockchain potentially transform the web hosting industry for both providers and end clients better? This op-ed mentions various practical ways in which blockchain's decentralized platform and cryptographic security can improve the web hosting ecosystem
Winklevoss Twins Brief David Portnoy on Bitcoin, BTC Talks Continue
American internet celebrity David Portnoy officially hosted the Winklevoss Twins at his house for a long-due conversation regarding Bitcoin (BTC) and cryptocurrencies.
Blockchain - The Most Important Technology of This Century
Why we all need to talk about Blockchain.
MDEC Mandates Malaysian Big Data and Blockchain Competency Centre Initiative
The Malaysia Digital Economy Corporation (MDEC) has given Multimedia University (MMU) the mandate of establishing the first national industry competency center on big data and blockchain.
UAE Mall Majid Al Futtaim Signs Strategic Partnership with Binance Exchange
The partnership is a big step between Majid Al Futtaim and Binance, enabling customers of Majid Al Futtaim to enjoy a new shopping experience by enjoying web3 technologies.
Binance announces the sunset of the BNB Beacon Chain (BEP2) network
Binance has announced the sunset of the BNB Beacon Chain (BEP2) network, advising a move to the BEP20 network by June 2024.
Thailand SEC Revises its Net Capital Rules In Favor of Crypto Backed Firms
Thailand’s Securities and Exchange Commission has made an upward review of its net capital requirement for the securities firm in the country with crypto ties.
StreamingLLM Breakthrough: Handling Over 4 Million Tokens with 22.2x Inference Speedup
SwiftInfer, leveraging StreamingLLM's groundbreaking technology, significantly enhances large language model inference, enabling efficient handling of over 4 million tokens in multi-round conversations with a 22.2x speedup.
Polish Crypto Exchange BitMarket Co-Owner Found Dead
According to the local news, Niemiro was found dead in the city of Olsztyn near his residence, it was suggested that Niemiro had committed suicide.
WWE Inks Deal with Fanatics to Offer Fans an Enhanced NFT Experience
To render its fans a new experience through non-fungible token (NFT) trading cards, World Wrestling Entertainment (WWE) has signed a deal with digital sports platform Fanatics.
Coinbase to Release New Fee Schedule
The new fee schedule will adjust tiers, and change the taker and maker fee structure for transaction tiers above $100,000-$1 million.
Tron Founder Justin Sun Wants to Spend $5B to Save Distressed Crypto Firms
While there has been no news of Tron bailing out any crypto firm thus far, Sun said he is willing to commit as much as $5 billion to save distressed crypto outfits
Houston Texans Partnered with BitWallet, Becoming First NFL Team to Sell Game Suite with Crypto
Houston Texans of the National Football League (NFL) have selected cryptocurrency platform bitWallet as their exclusive official crypto wallet provider and said the partnership will go into effect.
CoinLoan Announces Temporary Reduction of Withdrawal Limit
Crypto-backed loans provider CoinLoan has temporarily reduced the withdrawal limit for traders. The company said that the move was made due to the current market turmoil.
Emma Watson's AI-Rendered Male Alter Ego: A Glimpse into the Future of Celebrity Transformation
AI technology reimagines Emma Watson and other celebrities in opposite genders, showcasing the blend of creativity and technology in transforming perceptions of identity and celebrity.
Exclusive: Blockchain Trilemma Solved? Secrets Revealed by Turing Award Winner's Algorand
There are numerous blockchain project teams attempting to address the blockchain trilemma, and the Turing Award winning team Algorand is one promising candidate. We have the pleasure to speak with Jing Chen, Chief Scientist of Algorand, on how Algorand attempts to solve blockchain trilemma with its Byzantine agreement. She also explains why Algorand is non-forkable and the restrictions on Algorand’s adversary model!
Block.one to Provide over US$1.5 million in Grants to Promising Businesses Built on EOSIO
EOS VC is now accepting applications for its Grants Program. The venture capital arm of Block.one is aiming to empower developers to turn their visions for the EOSIO network into innovative realities.
Ethereum Scaling Solution zkSync to Launch Mainnet in 3 Months
Ethereum Layer 2 scaling solution zkSync announced that it will be going live on mainnet in the coming three months.
Riot Blockchain Yearly Bitcoin Production Increases by 236%, Accumulates $194M in BTC
NASDAQ-listed blockchain mining company Riot Blockchain announced the production capacity of BTC in September has increased by about 346% year-on-year to 406 BTC.
CoinMarketCap Puts Wash Traders On Notice With New Metric
CoinMarketCaps new “Liquidity” metric will come down hard on exchanges that harbor wash traders.
Binance's MVB Accelerator Program Collaborates with CMC Labs to Launch Innovative Founder Track
Binance's MVB Accelerator Program and CMC Labs are collaborating to launch a new Founder Track, aiming to incubate 100 innovative projects on BNB Chain and support Web3 builders.
Ethereum Has Broken Its Resistance Level of $1,682 as EIP 1559 Update Anticipated - What's Next?
The price of Ethereum (ETH) has risen, breaking through the resistance levels of $1,500 and $1,600 successfully. In the short term, it needs to break above $1,682 to continue its uptrend.
BNY Mellon Joins Marco Polo Trade Finance Consortium
The Bank of New York Mellon, which boasts nearly $2 trillion under management, is the 28th bank to join the Marco Polo trade finance consortium. And according to CoinDesk, the bank is quite eager to go “live:”
Open Loot Announces partnership with Hit Factor’s War Park
OPEN LOOT Ltd (OL) by BIG TIME Studios (LTD) is excited to announce one of our first partners, HIT FACTOR Ltd. (HF), as they unveil their newest game, War Park. War Park is a fast-paced action shooter filled with explosive multiplayer tank combat and is bound to surprise and delight our community. Join Hit Factor’s War Park Discord, where their team will be on hand to answer any questions, chat about the project, and celebrate the launch of their Twitter and community channels!
BaaS Market Expected to Hit $15.8B by 2026, Driven by High Immutability & Secure Decentralization
The global blockchain-as-a-service (BaaS) sector is anticipated to reach $15.8 billion by 2026 from the current $2.31 billion.
Analytics Platform Dune Analytics Raises Nearly $70M in Series B Round, Led by Coatue
Ethereum-centric analytics platform Dune Analytics has raised $69,420,000 in Series B funding led by New York-based private equity firm Coatue.
Arbitrum Foundation and Fracton Ventures Ally to Boost Arbitrum Adoption in Japan
The Arbitrum Foundation has formed a strategic partnership with Fracton Ventures to launch Arbitrum Japan, aiming to accelerate blockchain technology adoption and expand the Arbitrum ecosystem in the country. This alliance is poised to generate new business avenues, especially in finance and entertainment sectors, and bolster community engagement through educational initiatives.
CBDC Privacy and Transparency: Double-Edged Sword of Blockchain
Privacy and transparency of CDBC, to enslave us or free us? that's the question.
Blockchain and Human Consciousness
The reState Foundation held a virtual talk between Vitalik Buterin, co-founder of Ethereum, and Sadhguru, founder of the Isha Foundation, discussing how emerging technologies like blockchain will impact human consciousness.
UniPi: Revolutionizing AI with Text-Guided Video Policy Generation
UniPi's innovative AI approach combines text-guided video generation with policy-making, enabling broad applications in robotics and AI planning.
Ukraine receives over $70M in crypto donations
Ukraine has received over $70 million in cryptocurrency donations since the start of the conflict with Russia, with the majority of the funds coming in the form of Ether and Bitcoin. Donors have contributed to the nation's military equipment and humanitarian aid efforts, with non-fungible tokens also being donated.
Binance CEO Officially Announces the Launch of Binance Futures
The CEO of Binance, Changpeng Zhao had announced the official launch of Binance Futures. The announcement which he made open to the general public on September 9 could be seen bold strides in the right direction following the Bakkt's announcement of the Bitcoin futures.
FTX Still Has a Few Billion to Spare for Struggling Crypto Firms, Sam Bankman-Fried Says
FTX, a leading crypto exchange, is willing to splash a few billion to help struggling companies amid the present cryptocurrency winter, according to the exchange’s CEO and founder, Sam Bankman-Fried.
TrueUSD's TUSD Circulating Supply Surpasses $3 Billion Despite Prime Trust's Challenges
In June 2023, TrueUSD (TUSD) experienced significant growth and adoption across multiple blockchain ecosystems. With the circulating supply reaching 3,059,838,623 TUSD, backed by dollar reserves of over $3 billion, the stablecoin is gaining more recognition in the crypto markets.
Catheon Gaming Named Top Blockchain Firm in APAC Region
Catheon Gaming has been ranked No.1 in blockchain service company in Asia, according to the latest report by KPMG & HSBC’s joint report.
What is Tezos?
Tezos, a promising new blockchain-based platform for building smart contracts and decentralized applications (dApps).
Square's Cash App Generated $1.82 Billion of Bitcoin Revenue
The well-known payment giant Square released its third-quarter financial report, showing that the mobile payment application Cash App under Square achieved $1.82 billion in Bitcoin revenue.
Ford Test Drives the Use of Blockchain Technology for Energy Efficient Vehicles
Blockchain technology is currently been utilized by such tech-based companies like Samsung, Facebook, IBM and so on as listed on hackernoon.com, these companies utilize different blockchain platforms but all to further solidify the position of blockchain technology in the tech world.
Telecom Giant Airtel Acquires Aqilliz, Transforming Adtech & Creator Economy with Blockchain
The acquisition of Aqilliz will enable Airtel to deploy blockchain-based solutions across its fast-growing digital marketplace, Adtech (Airtel ads), and digital entertainment.
Blockchain Devices Market to Grow by $1.285 Billion by 2024
Recent research by MarketsandMarkets shows a CAGR of 42.5% for blockchain devices market by 2024. The study was filtered through their report, “Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography - Global Forecast to 2024.”
Ontario Securities Commission Criticizes Binance for Incomplete Registration
The Ontario Securities Commission (OSC) of Canada stated that Binance has not yet obtained the legal operating qualifications for the province of Ontario.
Cost of Producing Bitcoin Dropped to around $13,000, says JPMorgan
The cost of producing Bitcoin has gone negative as it dropped from about $24,000 at the start of June to around $13,000 currently, according to JPMorgan Chase & Co.
UK to Invest 100m Pounds in Global AI Chips Race
The UK government commits £100M to fortify its position in the AI chip market, targeting essential components from Nvidia, AMD, and Intel. Despite this, concerns arise about the UK's global semiconductor share and its comparison to the US and EU investments. Amid geopolitical tensions, the UK plans an AI summit and emphasizes its dedication to being a global AI leader.
Coinbase Calls for Judicial Intervention on SEC's Inaction
Coinbase's Chief Legal Officer, Paul Grewal, has filed a formal response with the U.S. Court of Appeals for the Third Circuit, urging a mandamus order to compel the SEC to act on Coinbase’s rulemaking petition within 30 days, highlighting the SEC's prolonged inaction and the pressing need for regulatory clarity surrounding digital assets.
Bybit Announces Launch of Grid Trading Bot
Bybit said that users will also have access to the grid trading bot to automate their buy and sell orders and adjust their investment amount.
5 of the Best Cryptocurrency Exchanges to Use in 2021
Cryptocurrency exchanges remain the primary gateway to the industry, providing an opportunity to trade and earn a profit. Here are five of the best platforms.
SEC Chair Jay Clayton to Leave the Commission by Year End—Implications for the Future of Crypto
SEC's Jay Clayton is set to leave the commission by year-end after three and a half years in office. What could this mean for the crypto industry?
Ethereum Revamps Website And Transitions to Staking with Latest Testnet Release
Ethereum Foundation is transforming their website and adding new designs to ethereum.org to deliver a more user-friendly and educational experience for the Ethereum community.
Flowcarbon Partners with Celo Blockchain to Create Carbon Market Ecosystem
Climate technology company Flowcarbon has partnered with the carbon-negative blockchain Celo Foundation to create a carbon market ecosystem, which enables carbon emission credits to be traded on the Celo network in terms of token.
BTCS Inc Taps Axie Infinity intto its Blockchain Infrastructure Operations
Digital currency ecosystem company BTCS, a pioneer in the blockchain and digital currency ecosystem, announced the addition of blockchain-based game Axie Infinity to its blockchain infrastructure operations.
BSN Has Partnered with MetaverseSociety to Launch the South Korean BSN Portal Operator in November
BSNbase has partnered with the South Korean MetaverseSociety to launch the BSN portal operator in November, supporting Korean developers to quickly and efficiently build and operate blocks through its localized BSN platform Chain application.
AMC Theatres Accepts Crypto Payments to Purchase Electronic Gift Cards
AMC Theatres, America’s top theater, first launched an electronic gift card that can be purchased with cryptocurrency.
Mantle (MNT) Network Launches Mainnet v2 Tectonic
Mantle Network has completed its Mainnet v2 Tectonic upgrade, delivering low gas fees and enhanced EVM interoperability.
Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun
Circle denies CfA's allegations of illicit financing and Justin Sun ties, emphasizing regulatory compliance and advocating for stronger stablecoin laws, as clarified by Dante Disparte.
Thai Regulators Make Moves to Tighten Crypto Rules
Regulators in Thailand have introduced tighter rules for digital assets due to trading irregularities and the fall of a top acquisition involving a crypto exchange.
EY Increases Its Investments in The Blockchain Market
EY has committed another $100 million in funding to sponsor the development of several blockchain products.
Breaking: Tech Giants Unite - OpenAI, Anthropic, Google, DeepMind, and Microsoft Launch Frontier Model Forum for Safer AI Development
Breaking: OpenAI, Anthropic, Google, DeepMind, and Microsoft co-found Frontier Model Forum, aiming to ensure safe, responsible development of future hyperscale AI models.
Fidelity Launches Cryptocurrency Custody Business
In a rare interview with Fidelity Investments CEO Abigaile Johnson, the Financial Times revealed that the Boston-based asset management giant is “now engaged in a full rollout” of its cryptocurrency custody and trading service.
What Would it Take For a Genuine Crypto Revolution to Occur
Whether you are a fan of cryptocurrencies and digital assets or not, at the very least you can agree that we are on the cusp of what appears to be a blockchain revolution. Cryptocurrencies are undoubtedly the most high profile of the blockchain-based technologies out there, and the ones that stand to do both the most harm and good, and so are deserving of the most attention.
Is Ethereum 2.0 Ready For the Bull Run?
The initial stage of Ethereum 2.0 is set to start in a few months, with many experts arguing that it may be the catalyst for a huge industry bull run. Adam Cochran, a partner at MetaCartel Ventures DAO, released a blog which outlined why he believes Ethereum 2.0 “could prove to be the largest economic shift in society.” So, is Ethereum 2.0 ready for the bull run?
Nodle's Smartphone-Powered Blockchain Network
Nodle turns cellphones into nodes using Bluetooth to increase IoT adoption.
Ripple CEO Opens Swell Conference, Discussing Current Global Payment Landscape
Ripple CEO Brad Garlinghouse just opened Ripple Swell 2020, which focuses on the current global payment landscape.
Kazakhstan Gets Closer to Legalizing Digital Currencies: Report
Kazakhstan is closer to legalizing digital currencies as President Kassym-Jomart Tokayev has doubled down on his interest in making the country a leader in digital technologies.
Law Firm Pleads with Shaquille O Neal to Acknowledge Legal Complaint
The Moskowitz Law Firm has made a public plea to Shaquille O’Neal to acknowledge its legal complaint on behalf of FTX investors regarding his previous endorsement of the now-defunct crypto exchange. The firm has been standing outside TNT studios in Atlanta all week to serve him, but his security guards have not allowed them in. O’Neal is the only one among the FTX celebrities who has not yet been served.
CeDeFi Revolution: CDFI.ai platform announces it has entered beta testing phase
CeDeFi is developing a platform to revolutionize digital asset management, integrating blockchain, DEX, dApps, and CEX for a seamless experience. The platform aims to enhance user experience, security, and capital usage, with plans to connect with Binance and Bybit.
Footballer De Bruyne Becomes Crypto Exchange Phemex Brand Ambassador
Belgian professional footballer Kevin De Bruyne has been appointed as a brand ambassador for Singapore-based cryptocurrency platform Phemex.
VanEck, SolidX to Sell ‘Limited’ Bitcoin ETF to Institutions
VanEck and Solid X revealed that they have a workaround to bypass regulatory issues and are using an SEC exemption that will allow their product to be offered to institutions such as hedge funds and banks, but not to retail investors.
BlackRock CEO Believes Russia-Ukraine War in Boosting Crypto Adoption
BlackRock Chairman and Chief Executive Officer Larry Fink commented on the role of digital currencies in the ongoing war between Russia and Ukraine. Fink believes countries would be more active to embrace crypto.
ARK Investment Launches Its First Crypto Managed Account for RIAs
Independent managed account provider Eaglebrook Advisors has announced a partnership with Ark Invest to develop the ARK Cryptocurrency Strategy and ARK Crypto Asset Strategy.
Bitcoin Sell-Off Incoming: Bitcoin Whales Return to Major Crypto Exchanges
CryptoQuant Alerts warns that Bitcoin whales are moving huge quantities of BTC onto major crypto exchanges indicating a huge sell-off could be imminent.
Rising Use of Metaverse Could Pose Systemic Risk, Says Bank of England
Staffers at the Bank of England have announced that the rise of metaverse may cause a systemic risk to financial stability. The researchers said that would require strong consumer protection frameworks.
DAN GPT for ChatGPT: Everything You Need to Know
DAN GPT, or "Do Anything Now," leverages ChatGPT's roleplay model to bypass its restrictions, enabling diverse AI roles and unrestricted responses.
The X.LA Metaverse Revealed In Detail
X.LA Foundation executive Aleksey Savchenko has revealed details of the eagerly anticipated X.LA Metaverse. Before an expectant crowd at Gamescom in Cologne, Germany, Savchenko promised an immersive experience, delineating a vision backed by technology that will shape the way people interact well into the next century.
HKMA Announces Joint Research with Bank of Israel, BISIH for Retail CBDC
The Hong Kong Monetary Authority announced joint research with the Bank of Israel and the Bank for International Settlements Innovation Hub Hong Kong Centre for retail CBDC.
Crypto Exchange Huobi Receives Virtual-asset License in Dubai
Cryptocurrency exchange Huobi has received provisional approval from the Dubai Virtual Assets Regulatory Authority (VARA), joining other competitors to expand footprints in the gulf nation.
Apple Joins GPT AI Race Following OpenAI and Google
Apple is reportedly developing its own AI model, 'Ajax' or 'Apple GPT'. Similar to OpenAI's ChatGPT and Google's Bard, it's privacy-focused and runs on Google Cloud. A significant AI-related announcement is expected in 2024.
Binance Acquired CoinMarketCap: A Huge Boost to the Binance "Super Exchange" Ecosystem
Binance, one of the largest digital asset exchanges in terms of trading volume and users, has officially announced the acquisition of CoinMarketCap for an undisclosed fee. According to the press release shared with Blockchain.News, the acquisition creates synergies for both companies in boosting cryptoassets adoption to global users.
Department of Homeland Security (DHS) Trials Blockchain Solution for Canadian Borders
Department of Homeland Security (DHS) trials Blockchain solution for Canadian borders - Works with Customs Direct, a partner with blockchain expert Morpheus.Network, to fast track multiple Proof of Concepts (POCs).
Honduras Breaks Ground by Officially Recognizing Bitcoin in Economic Transactions
Próspera ZEDE, a Honduran special economic zone, officially adopts Bitcoin as a unit of account, signaling a shift towards enhanced financial autonomy and the progressive integration of cryptocurrency in mainstream finance.
Blockchain Fights Climate Change
The World Economic Forum (WEF) has published a white paper outlining how blockchain technology can aid in the fight against climate change. Blockchain can improve market transparency, enhance trust and ambition within climate negotiations, democratize access to climate action, and funnel more funds to project developers. The WEF also stressed the need for constructive regulation to support digital climate innovation.
Ethereum 2.0: Upcoming Upgrade Will Not Eradicate High Gas Fees
The Ethereum Foundation (EF) has debunked some of the misconceptions related to the upcoming merge of the Ethereum network’s Beacon Chain, saying that gas fees would not be eradicated.
UK Invests 100M Pound in AI: Pioneering Healthcare Innovation and Regulatory Frameworks
The UK government announces a £100 million investment to establish AI research hubs and enhance regulatory frameworks, focusing on healthcare, chemistry, and mathematics, alongside global partnerships for responsible AI practices.
Blockchain-Powered App to Seamlessly Assist Patients Request Medical Care and Insurance Cover
Seoul Medical Center is set to launch a blockchain-enabled medical information mobile app dubbed Seoul Care this month. This app will help patients plan medical treatments, look up prescription details, and check test results using their smartphones.
Nine Bitcoin Twitter Accounts That Deserve Your Attention
Nine Bitcoin Twitter accounts that deserve to be followed.
May 13: ALT Coins Give You Wings
Trade Strategy: Similar to yesterday. I've closed my long volatility trades, and will start to sell some volatility here and whenever it spikes. While implied volatility has sharply declined from 100% to 80% since Sunday, the longer-term average before the 12 March crash is around 55-60% so there's still juice to be short vol.
Lamborghini To Drop World Tour Limited Edition Themed NFT
Luxury automobile brand, Lamborghini is set to launch limited edition World Tour NFTs later this month
Digital Week Online - a Global event connecting innovation World from Asia to US!
COVID19 has brought us many challenges, lock downs, self-isolation, and a looming financial crisis. We have all had to adapt while maintaining some semblance of our previous routines. However, as countries start to emerge from lockdowns and restrictions are relaxed, opportunities are developing.
Canada's Alberta Sees Growth in Crypto Sector
Alberta, Canada’s most oil-rich province, is seeing growth in the crypto industry to diversify its economy.
BLOCKCHAIN AFRICA CONFERENCE INVITES INDUSTRY TRAILBLAZERS
Place your brand at the epicentre of African blockchain technology and AI by showcasing your brand through speaking, sponsoring and exhibiting opportunities at the Blockchain Africa Conference 2020. We attract 600+ key stakeholders and media across the African and global blockchain ecosystem, creating the ideal opportunity to communicate your brand, products and services.
UAE Leverages Blockchain, Robotics and 3D Printing to Flatten Coronavirus Curve
The United Arab Emirates (UAE), through in5, a startup incubator for nurturing businesses and ideas, is deploying blockchain, robotics, and 3D printing technologies to instigate the wellbeing and safety of its citizens amid the coronavirus (COVID-19) pandemic.
Core Scientific Records $862m Loss in Q2, follows by 10 % Workforce Laid off
Core Scientific announced its second quarter 2022 update and said it was laying off 10% of its workforce as it reported an $862 million quarterly loss due to impairments such as goodwill and digital assets.
Kazakhstan Blocks Coinbase, Citing Digital Asset Law
Kazakhstan's Ministry of Culture and Information has blocked Coinbase due to legal conflicts with digital asset regulations, revisiting previous restrictions on other financial platforms.
Telegram Appeals Federal Court Injunction to Stop Gram Distribution
Telegram has filed an appeal to yesterday’s ruling by a United Stated federal court in favour of the US Securities and Exchange Commission (SEC) which has prohibited the issuance of Gram tokens for the time being.
JICWEBS Blockchain Pilot Project Attracts Four Media Gurus
JICWEBS blockchain pilot project is touted to be a gamechanger in digital advertising as it will optimize transparency, productivity, and trust. This aspect has, therefore, made four media agencies, namely Havas, OMG, Zenith, and Mindshare, to join this initiative.
Yearn.Finance (YFI) Price Rebounds with a Massive Rally as Selling Pressure Eased
Yearn.finance (YFI) managed to find a critical support level that allowed it to rally higher, which moved in tandem with large-cap cryptos.
MetaMask's New Beta Portfolio dApp to Provide All-In-One Access to Cryptos, NFTs
MetaMask has launched a beta portfolio dApp that allows users to have an overview of their cryptos and NFT in one place.
Nocturne Crypto Shuts Down Version 1 for New Venture
Nocturne, initially established to enhance crypto privacy and accessibility, is refocusing its direction by shutting down Nocturne v1 to develop a new application-based product.
Total Value Locked in Maker Reaches a Record High as Maker Foundation Returns Dev Fund to DAO
Maker's total value locked (TVL) surged to $12.02B, hitting a record high amid Maker Foundation's announcement that it would refund 84,000 MKR from the development fund to the MakerDAO.
The Bank for International Settlements Gives CBDCs Full Backing
The Bank for International Settlements (BIS) announced its full support for developing central bank digital currencies (CBDCs) in pursuing financial and monetary stability through international cooperation with the mandate and support by central banks.
Terra’s Most Anticipated Game, Derby Stars, Migrates to Polygon To Leverage Robust GameFi Ecosystem
Derby Stars, a AAA play-to-earn game centered on horse racing, is migrating to the Polygon Network, moving away from original plans to deploy on Terra.
Debunking Overblown Claims on Crypto and Terrorism Financing
Chainalysis debunks inflated claims on cryptocurrency's role in terrorism financing, emphasizing the predominant use of traditional fiat-based channels by terrorist groups. The analysis highlights the challenges and common misconceptions in tracing terrorist fund flows on the blockchain, particularly concerning service provider identification.
UK to Invest £100m in Global AI Chips Race
The UK government commits £100M to fortify its position in the AI chip market, targeting essential components from Nvidia, AMD, and Intel. Despite this, concerns arise about the UK's global semiconductor share and its comparison to the US and EU investments. Amid geopolitical tensions, the UK plans an AI summit and emphasizes its dedication to being a global AI leader.
The Drone Racing League and Algorand have Reached a $100M Sponsorship Agreement
The New York-based Drone Racing League( DRL) announced reaching a five-year sponsorship agreement with crypto platform Algorand, worth $100 million.
BNPL Payment Firm Afterpay Urges Senate to Support AUD-backed Stablecoins for Cutting Merchant Cost
The BNPL payment company Afterpay expressed their intention to the Australian Senate to launch the Australian dollar stablecoin soon, saying that crypto will help merchants reduce related payments.
Thailand Finance Ministry Eyes Blockchain Technology to Revamp Service Delivery
Uttama Savanayana, Thailand’s Finance Minister, has revealed that his ministry wants to use blockchain technology for system upgrades intended for optimal service delivery to citizens.
Polkadot Announces The Launch of Phase Five with Parachain Functionality
Gavin Wood, the creator of Polkadot and Kusama, announced that the Polkadot mainnet will begin developing phase five-the final phase of Polkadot.
Robinhood Warns About Potential for Significant Decline in Retail Trading, Particularly in Crypto Business
Expecting to conduct IPO next week, Robinhood warns its revenues in Q3 ending in September to be lower compared to Q2 ended in June.
Algorand (ALGO) Ventures Invests in Gora Network
Algorand Ventures' investment in Gora Network marks a significant step in advancing blockchain oracle technology. Gora Network, emerging from an Algorand hackathon, aims to enhance blockchain applications with secure, real-world data, expanding its business, infrastructure, product suite, and developer ecosystem.
Coinbase to Support Ethereum 2.0 Trading and Staking Rewards in 2021, ETH Recovers From Bull Run
Coinbase digital currency exchange voiced its support for Ethereum 2.0, the blockchain upgrade that launched at 12 pm UTC yesterday.
Blockchain Ecosystem Suffers Over $9.8B Worth Security Lost in 2021
According to Snowmist, the blockchain industry has been well characterized by cryptocurrency crimes, money laundering, fraud, cases of theft, drug trafficking, and mining crimes all of which occur frequently.
“LU HK” Mobile App Brings a New Paradigm to Online Wealth Management, With No Entry Barriers and No Limits
Lu International (Hong Kong) Limited has launched its LU HK mobile application, offering 24-hours-a-day, seven-days-a-week integrated wealth management services to Hong Kong customers.
Ethereum and Formula 1 Racing Team Up for Blockchain-Based Gaming
In-game purchasing and item collection has seen growing popularity in the gaming industry. Gamers are investing time and money into attaining the best items money can buy.
Dogecoin Becomes the First Cryptocurrency to Enter Space amid "DOGE-1 Moon Landing Mission"
On May 9, Geometric Energy Corporation (GEC), a logistics firm headquartered in Canada, officially announced the "DOGE-1 Moon Landing Mission."
Ethereum's Layer 2 Debate: Buterin Aligns with Daniel Wang on Validium Classification
Vitalik Buterin agrees with Daniel Wang on classifying Ethereum rollups using external data chains as validiums, not traditional rollups. This debate underscores the nuances in Ethereum's layer-2 scaling solutions, focusing on security and scalability trade-offs.
Parents Demand Action Against AI-Influencers on TikTok
ParentsTogether, a notable non-profit organization, has issued an open letter to TikTok CEO Shou Zi Chew, urging for explicit labeling of AI-generated influencers. The letter, representing over 12,000 parents, voices concerns over the impact of these digital personas on youth's perception of beauty standards.
Crypto Exchanges Not in Violation of Securities Laws by Listing XRP, Implies SEC Lawyer
The discovery hearing between the Securities and Exchange Commission and Ripple Labs may have tipped the scale in the latter’s favour.
Nasdaq Embraces AI to Spearhead Financial Crime Prevention
Nasdaq is investing heavily in AI technology to combat financial crime, strengthening its position as a technology-driven financial services company and addressing sophisticated financial crimes.
KKR Tokenizing Part of its Private Equity Fund on Avalanche Blockchain
KKR plans to tokenize part of its second Health Care Strategic Growth Fund to expand individual investors’ access to private investment vehicles.
Trump Administration May Consider Placing China’s Ant Group on Trade Blacklist
The US State Department recently submitted a proposal to add Ant Group to a trade blacklist, inhibiting the fintech giant’s business operations within the US.
Brock Pierce Running for President to Bring Blockchain Technology to the Forefront
Speaking at the Unitize conference on July 7, Brock Pierce discussed his motivations for his sudden entrance into the presidential election. Despite being extremely unlikely to win, Pierce believes his campaign will serve as an inspiration to younger voters as well as highlight the benefits of blockchain.
OpenAI in Advanced Funding Discussions Targeting Over $100 Billion Valuation
OpenAI is in talks to raise over $100 billion in funding, potentially making it the second most valuable U.S. startup, with discussions also involving a chip venture with G42.
Why is chainlink so important, and What will Chainlink be worth by 2022?
There is various kind of cryptocurrency which is growing day by day in a very vast manner. The best thing about cryptocurrencies is they are very much helpful, and one person can get a huge amount of return if they invest wisely in cryptocurrencies. Most people love to invest in cryptocurrency just because of the amount of return they get. For example, Bitcoin is common to be one of the best examples of showing what drastic change a cryptocurrency can get in the market.
Gaming Platform Azarus to list on Uniswap - onramps multi-million streaming audience to blockchain
Azarus will be hosting a keynote stream in partnership with Animoca Brands at 7am UTC on Wednesday, December 14th (11pm PST on Tuesday, December 13th) to reveal the imminent listing on Uniswap of the AzaCoin, an ERC-20 Token on Ethereum Mainnet, which will list on Uniswap on January 11, 2023.
FUSANG Exchange Lists First Publicly Available Blockchain-Based Digital Bond Backed by CCB
Asia’s first digital security exchange FUSANG is partnering with heavy weight China Construction Bank (CCB) to offer the first ever digital, tokenized, blockchain-based bond.
Mining Capital Coin CEO Indicted for Masterminding $62M Crypto Ponzi Scheme
Mining Capital Coin CEO Luiz Capuci Jr is indicted Friday for orchestrating a scam that defrauded investors around the world of about $62 million, according to the U.S. Department of Justice
How to Capitalize Trillions in Tokenized Real Estate with Blockchain and PropTech
Real estate tokenization insights and Proptech investment landscape by Blockchain.News, Asia Proptech Association, HKBIA and Coinstreet Partners.
Why Sora is A Breakthrough in AI Video Generation?
OpenAI's Sora, a text-to-video generative AI model, marks a breakthrough in AI's ability to create realistic video scenes from textual prompts, with implications across creative industries and education.
Top Four South Korean Banks Announce Plans to Provide Cryptocurrency Custodial Services
Two of South Korea’s top banks have recently announced that they were looking into providing cryptocurrency custodial services to their clients.
Coinbase User Sues IRS for Illegal Seizure of Crypto Records
James Harper, a Bitcoin researcher, is suing the IRS, its commissioner, and nearly a dozen of its agents for violating his Fourth and Fifth Amendment rights—his right to privacy and right to due process—with their infamous Letter 6137 in July last year.
Bitcoin Creates a new ATH of $69K
The price of Bitcoin once again hit a new high of $69,000 at UTC time following Ether hitting $4,868 earlier today.
Judge Considers Dismissing Shaquille ONeal and Naomi Osaka from FTX Lawsuit
A federal judge in Florida is considering dismissing Shaquille O’Neal and Naomi Osaka from the FTX lawsuit due to uncertainty about whether they were served. The judge reprimanded other celebrity defendants for not following proper procedure in requesting a conference extension. A consolidation request by some plaintiffs against FTX was denied, and lawyers for former FTX CEO Sam Bankman-Fried noted the possibility of pushing back the criminal trial scheduled for October 2023.
United Nations FAO: Blockchain, IoT and Robotics Can Foster a Sustainable and Profitable Global Seafood Economy
The Food and Agriculture Organization (FAO) of the United Nations views blockchain as a game-changer for the global seafood sector.
Sky Mavis Promises to Compensate Lost Users for Ronin Hack
After hacking $625 million capital from the Ronin blockchain, the Singapore-based game studio Sky Mavis pledges to compensate users.
Samsung Silently Adds Bitcoin Support for Blockchain Phones
Samsung recently added Bitcoin to the Blockchain Keystore, on the blockchain-enabled smartphones. Samsung’s Galaxy S10 range launched in March with the “Blockchain Keystore” feature offering the storage of cryptocurrencies and transactions for Ether and ERC-20 tokens.
CoinShares to Launch Algorithmic Trading Platform for Retail Traders
CoinShares' new platform HAL will provide retail traders access to a range of algorithmic trading strategies for $20 per month.
UK Financial Conduct Authority: We Will Not Regulate Bitcoin and Ether
The British Financial Conduct Authority (FCA) has confirmed that they will not be regulating cryptocurrencies such as Bitcoin and Ether as it falls out of their perimeter.
Tether Advances Global Blockchain Ambitions with Uzbekistan Partnership
Tether partners with Uzbekistan's NAPP to develop blockchain and peer-to-peer telecommunication, aiming to fuel innovation and economic growth.
China's Shanghai Unveils Action Plan to Forge a New Path in the Metaverse Tourism Industry
Shanghai has taken a significant step in the realm of metaverse tourism with the release of the "Shanghai Action Plan for Creating a New Path in Metaverse Tourism (2023-2025)". The plan, unveiled by the Shanghai Municipal Bureau of Culture and Tourism, outlines the city's strategic focus on five key areas to propel the development of metaverse tourism in the coming years.
ETH Blockchain DeFi Company Partners with The Glimpse Group to Mint 3D AR-based NFTs
The ETH blockchain DeFi company, The Commission, has established a partnership with The Glimpse Group, virtual reality and augmented reality platform company, to create an AR-based gold-plated NFT project.
New Money Theory: Understanding the Fundamental Internal and External Factors of Money
Money has always had a fundamental influence on the development of the world and society's values. Money is a major incentive for our economic society. Everybody knows the importance of money, but how money is created and achieves its value still remains a mystery for most people.
Ethereum Layer 2 Startup Optimism Raises $150m in Series B Round
Ethereum scaling startup Optimism has secured a $150 million Series B round co-led by Andreessen Horowitz and Paradigm.