South Korea-headquartered LG Electronics has added blockchain and cryptocurrency to its business portfolio. LG’s Blockchain and Crypto Game Plans At the Annual General Meeting on March 24, LG Electronics’ shareholders approved “blockchain-based software” development and “sale and brokerage of cryptocurrency” as two new business areas. Although LG has included the sale and brokerage of cryptocurrency...Read More
The latest member to join the BAYC is the “queen of pop” Madonna. In a Twitter post, the 63-year old pop star announced entering the Metaverse after acquiring a Bored Ape NFT valued at more than half a million dollars. Madonna bought Bored Ape #4988, which is a six trait DMT primate with a sleeveless...Read More
The largest Canadian Bitcoin ETF is hitting back-to-back all-time highs with respect to its BTC holdings as inflows intensified. Purpose Bitcoin ETF Sees Huge Infusion Of Capital Citing data from the blockchain intelligence platform, Glassnode, market analyst Jan Wüstenfeld revealed that Purpose Bitcoin ETF currently holds more than 36k BTC, meaning a 23% increase in...Read More
Coinbase’s Applied Researcher, Yehuda Lindell, has won the prestigious “Test-of-Time” award for 2022 from the International Association of Cryptologic Research (IACR). The “Test-of-Time” award recognizes papers published 15 years ago that have had a lasting impact on the field of cryptography. Yehuda’s pioneering work was published a year before another important paper you may be...Read More
Google filed a trademark application titled “Non-Fungible Planet” on Monday – reminiscent of the trending Non-Fungible Tokens (NFT) sphere of the crypto industry. However, the application appears unrelated to such items, and is focused instead on education about climate change. The filing includes the stated goal of “providing information in the areas of environmental protection,...Read More
Washington and the broader electorate in the United States are sharply divided along partisan lines. But there may be scope for finding common grounds with regard to the upcoming crypto bill. Republican Senator and long-time Bitcoin supporter Cynthia Lummis has received support from New York Senator Kirsten Gillibrand for the much-awaited crypto legislation. A member...Read More
Janet Yellen – Secretary of the US Treasury and former Fed Chair – recently discussed cryptocurrency’s benefits, risks, and relationship with Russia on CNBC’s Squawk Box. While she recognized the industry’s growth, she also noted numerous risks it poses to both consumers and the financial system. Regulating the Risks In conversation with Andrew Sorkin, Yellen...Read More
It seems as if the virtual world is always reinventing itself these days, and the latest evidence of this phenomenon is “the metaverse”. This is a term that many people became aware of when they noticed Mark Zuckerberg (of Facebook fame) touting it as the next big online thing, although his ambitions in that direction...Read More
This report updates on what AMIS, Coinbase Crypto Community Fund grant recipient, has been working on over the first part of their year-long Crypto development grant. This specifically covers their work on hierarchical threshold signature. AMIS is a financial technology company creating bonds between traditional and decentralized worlds. We provide security and accessibility for blockchains...Read More
[PRESS RELEASE – Hanoi, Vietnam, 24th March 2022] Heroes of Mavia, a blockchain-based play-to-earn massively multiplayer online (MMO) strategy game developed by Skrice Studios, has officially joined Machinations’ Game Economy Health Monitoring Service as it aims to build a sustainable and healthy in-game economy. Mavia is undergoing a thorough process involving large-scale simulations for different...Read More
[PRESS RELEASE – Majuro, Marshall Islands, 24th March 2022] Gate.io, one of the earliest and largest cryptocurrency exchanges, has joined the Global Digital Finance (GDF) Patron Board. As an established exchange with cutting-edge technology, Gate.io is committed to working with GDF, global regulators, and policymakers to advocate for and accelerate the adoption of best practices...Read More
After collaborating with the world’s largest crypto exchange – Binance – Sarath Ratanavadi’s electric power generation company has announced plans to invest directly in digital assets. To do so, the firm has established a designated subsidiary. The company filed documents to the Stock Exchange of Thailand informing that it had set up Gulf International Investment...Read More
The number of large banking organizations opting in the digital asset industry continues to expand, with the latest example coming from Bank Leumi. The organization has partnered with blockchain company Paxos to provide Bitcoin and Ethereum trading services. Bank Leumi to Enter the Crypto World? Reuters reported on March 24 that Bank Leumi – the...Read More
With Ethereum 2.0’s (Consensus Layer) merge just around the corner, more and more businesses and institutions are looking to get into Ethereum staking. Of course, this feature became available in late 2020 on the Ethereum network as the first drop in a series of updates to help transition Ethereum from Proof-of-Work (PoW) to Proof-of-Stake (PoS)....Read More
[PRESS RELEASE – Please Read Disclaimer] Singapore, Singapore / Mar 21, 2022 / — APENFT Marketplace aims to lower the entry barrier for users through a new NFT market and build new forces in the TRON community by issuing exclusive Genesis NFT badges live on March 31. As an essential art foundation in the TRON...Read More
A few weeks after allowing the public to weigh in on the requests of FTX US Derivatives (formerly known as LedgerX) to amend its registration attempts to offer derivatives services, the CFTC has extended the deadline. CryptoPotato reported in late 2021 when FTX US – the American branch of the international crypto exchange – purchased...Read More
Exxon Mobil – a major multinational oil and gas corporation – is considering leveraging Bitcoin mining to make an even greater profit from excess oil production. The company may take its gas-to-Bitcoin pilot to multiple countries, after already using 18 million cubic feet of gas per month for this purpose. A Clever Use for Bitcoin...Read More
