Blockchain & Digital Assets

September 18, 2022 @ 7:44 pm By Omar Faridi  |  

Ocean Protocol, the Web3 platform to unlock data services for AI and business innovation, has teamed up with Chainstep, Datarella, Fetch.ai, peaq and 51nodes “to develop the system architecture for European mobility with the preservation of data autonomy as its core principle, within the Gaia-X… Read More

September 18, 2022 @ 5:00 pm By Omar Faridi  |  

We recently connected with Tamas Kadar, CEO and co-founder at SEON., which aims to harness the power of AI to protect your business from fraud, get a 360° view of customers, and increase conversion rates. Kadar talked about the latest issues involving e-commerce fraud. His… Read More

September 18, 2022 @ 4:40 pm By JD Alois  |  

Consensys, an Ethereum-focused firm, says the successful Merge for Ethereum has reduced its carbon footprint by 99.99% – higher than initially anticipated. Last week, the Merge completed where Ethereum migrated from Proof of Work (PoW) to Proof of Stake (PoS) thus eliminating the high utilization… Read More

September 18, 2022 @ 4:40 pm By Omar Faridi  |  

Binance Labs, the venture capital arm and accelerator of Binance, has made a strategic investment in Aptos Labs, a next-generation layer-1 blockchain “built with safety and user experience in mind.” This is “a follow-on investment that comes after the first round of funding announced in… Read More

September 18, 2022 @ 3:42 pm By Omar Faridi  |  

Now that Ethereum (ETH), the world’s largest smart contract platform, has completed the Merge, it’s time to get ready for the next set of Ethereum upgrades – “the Surge, Verge, Purge, and Splurge.” As noted in an update released via an OKX – Okcoin research… Read More

September 18, 2022 @ 2:29 pm By Omar Faridi  |  

LINE NEXT Inc., LINE’s venture dedicated to developing and expanding the NFT ecosystem, announced that it has “opened the beta version of the global NFT platform DOSI, available in 9 languages and in 180 countries.” Named after the Korean word for “city”, DOSI is an… Read More

September 18, 2022 @ 1:12 pm By Omar Faridi  |  

Digital asset firm Kraken is pleased to announce that their platform now supports EthereumPoW (ETHW). As mentioned in an update posted on September 16 by Kraken, ETHW trading “is live and the ETHW token has been distributed to eligible clients.” A further announcement will be… Read More

September 17, 2022 @ 5:17 pm By Omar Faridi  |  

FTX Europe announced that it has received approval from the Cyprus Securities and Exchange Commission (CySEC), to operate “as a Cyprus investment firm (CIF) allowing the Company to fully own the local investment firm it previously acquired.” Patrick Gruhn, Head of FTX Europe, commented: “After… Read More

September 16, 2022 @ 7:50 pm By JD Alois  |  

Senator Elizabeth Warren, a Democrat that sits on the Senate Banking Committee, is not convinced about the Biden Administration’s approach to digital assets. In a letter addressed to Janet Yellen, the Secretary of the US Department of Treasury, Senator Warren claims “cryptocurrency poses grave risks to… Read More

September 16, 2022 @ 2:44 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed fraud charges against Gabriel Edelman, Creative Advancement LLC, and Edelman Blockchain Advisors LLC, for allegedly defrauding investors out of $4.39 million. According to the SEC, Edelman and his affiliated entities offered and sold securities using false and… Read More

September 16, 2022 @ 11:41 am By JD Alois  |  

After months of behind-the-scenes discussion, the White House revealed its “Fact Sheet” on the responsible development of digital assets or crypto-assets. The Executive Order issued by the White House last March sought to outline the administration’s approach, is now being expanded to be utilized as… Read More

September 15, 2022 @ 7:45 pm By Omar Faridi  |  

Naoris Protocol, the blockchain and AI-based Decentralized CyberSecurity Mesh that restores cybersecurity across all sectors of the economy, is announcing a partnership with WACEO, a non-profit specialized in governance, legal, and regulatory compliance “serving DeFi projects, DAOs, DEXs, and other Web3 projects across the globe.”… Read More

September 15, 2022 @ 5:39 pm By JD Alois  |  

SEC Chairman Gary Gensler testified in front of the Senate Banking Committee today, reiterating his opinion that in regards to digital assets  (or crypto assets) that the vast majority are securities. The exception being Bitcoin, and perhaps Ethereum – which entail much of the crypto… Read More

September 15, 2022 @ 12:11 pm By JD Alois  |  

With a huge sigh of relief, Ethereum supporters have declared the success of the MERGE. Ethereum has moved away from Proof of Work (POW) to Proof of Stake (PoS), thus improving the entire ecosystem. While reducing electricity usage, improving speed, and boosting scalability, the Merge… Read More

September 15, 2022 @ 11:51 am By JD Alois  |  

As was reported this week, Do Kwon – the creator of TerraUSD and LUNA, has been subjected to a warrant for his arrest in South Korea. TerraUSD sought to be an algorithmic stablecoin tied to the US dollar but lost its dollar peg generating an… Read More

September 15, 2022 @ 8:31 am By JD Alois  |  

Ethereum creator Vitalik Buterin has been tweeting regularly this past week addressing the Merge where Ethereum moves from Proof of Work (PoW) to Proof of Stake (PoS). The transition is expected to extend the runway for Ethereum which is the most popular smart contract platform… Read More

September 15, 2022 @ 7:46 am By Omar Faridi  |  

We’re quickly approaching (or have already followed through with) The Merge, the most notable upgrade in Ethereum’s history and “a crucial turning point for the wider crypto industry,” according to an update from digital asset firm Kraken. As the Ethereum blockchain transitions from proof-of-work (PoW)… Read More

September 14, 2022 @ 9:41 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is continuing its pursuit of platforms that are issuing digital assets without being registered as securities. In a lawsuit filed today against Chicago Crypto Capital LLC (CCC) and several executives, the SEC alleges the defendants defrauded investors. According to… Read More

September 14, 2022 @ 5:27 pm By Omar Faridi  |  

Future FinTech Group Inc. (NASDAQ: FTFT), a blockchain application technology developer and fintech service provider, announced that Future FinTech Labs, a wholly subsidiary of the company, has teamed up with Currency Cloud Inc., a subsidiary of Visa and a global payment platform that is registered… Read More

September 14, 2022 @ 3:49 pm By JD Alois  |  

Do Kwon, creator of the failed algorithmic stablecoin TerraUSD and LUNA, is the target of an arrest warrant in South Korea, according to a report. South Korean publication Chosun writes, that Kwon is being pursued by the Seoul Southern District Prosecutor’s Office’s Financial and Securities… Read More