August 8, 2022 @ 9:26 am By JD Alois  |  

As Ethereum migrates to a proof of stake (PoS) ecosystem (called the Merge), a group has decided to maintain a proof of work iteration or Ethereum Proof of Work (ETHPOW). While not making Vitalik Buterin very happy, this is the way of the blockchain world…. Read More

 Tagged bitmex, eth2, ethereum, ethpow, fork, huobi

August 7, 2022 @ 11:46 pm By Omar Faridi  |  

Jarowa, a Swiss digital marketplace and transaction platform for insurance firms, property managers, and leasing businesses that helps manage their trusted service providers and digital orders, has finalized a Series A round. The firm’s investment round has been led by Eos Venture Partners, a venture… Read More

 Tagged andreas akeret, carl bauer-schlichtegroll, digital marketplace, europe, insurance, insurance technology, insurtech, investment round, jarowa, marketplaces, switzerland

August 7, 2022 @ 9:08 pm By Omar Faridi  |  

On August 3, 2022, a large-scale incident of currency theft occurred on Solana, and a large number of users “transferred SOL and SPL tokens without their knowledge,” the SlowMist team noted in their analysis of the incident. The SlowMist security team “tracked and analyzed this… Read More

 Tagged android, crypto wallets, crypto-assets, cybersecurity, digital currencies, digital wallets, hack, hack analysis, hackers, hot wallets, incident report, iOS, mobile apps, online security, online wallets, phantom wallet, security, security breach, slope wallet, slowmist, sol, sol tokens, solana, theft, virtual currency

August 7, 2022 @ 7:05 pm By Omar Faridi  |  

Binance Labs, the venture capital arm and accelerator of Binance, led the seed funding round of Lifeform, which is described as “a disruptive decentralized visual digital identity (DID) solution provider.” The fund will aim to “empower the next billion Web3 users with decentralized digital citizenship.”… Read More

 Tagged binance, binance labs, decentralized visual digital identity, did, digital identity, digital transformation, digitalization, digtial technology, funding, investment round, lifeform, lily fang, mia mai, venture capital, web 3.0, Web3

August 6, 2022 @ 8:43 pm By Omar Faridi  |  

Roxe, a blockchain infrastructure company powering the next generation of payments and digital commerce solutions, has announced a partnership with the Philippines’ micro financial services provider, Cebuana Lhuillier. The partnership will “facilitate seamless cross-border remittance payments for clients in the Philippines by utilizing Cebuana Lhuillier’s… Read More

 Tagged blockchain infrastructure, cebuana, cebuana lhuillier, digital commerce, distributed ledger technology, dlt, e-commerce, financial services, infrastructure, jean henri lhuillier, josh li, payments, Philippines, roxe, southeast asia

August 6, 2022 @ 3:49 pm By Omar Faridi  |  

Unstoppable Domains is pleased to announce their partnership with GMO Internet Group, which operates Japan’s largest domain registration service, Onamae.com, “with more than 28 million domain registration records.” Via this partnership, GMO Internet has “launched a brand new registration service, ‘CryptoName by GMO,’ offering NFT… Read More

 Tagged digital technology, digitalization, domain registration service, gmo internet, gmo internet group, internet domains, japan, nfts, non-fungible tokens, onamae.com, sandy carter, tadashi ito, unstoppable domains, web 3.0, Web3

August 6, 2022 @ 3:32 pm By JD Alois  |  

Beanstalk, a crypto project that encountered a breach earlier this year that led to a $77 million hack, has “unpaused” today. Today, Beanstalk Farms is thrilled to announce that Beanstalk has been Unpaused on the one year anniversary of its initial deployment.https://t.co/HxZmwWksZe — Beanstalk Farms… Read More

 Tagged beanstalk

August 6, 2022 @ 2:31 pm By JD Alois  |  

Neobank Revolut is on a crypto hiring spree, according to a report by Bloomberg. While many firms, and Fintechs specifically, a cutting headcount or slowing things down, Revolut appears to be bucking the trend. Recently, Robinhood revealed it was slashing employee headcount by 23% –… Read More

 Tagged crypto, neobank, revolut, uk, united kingdom

August 6, 2022 @ 11:37 am By Omar Faridi  |  

​Ms. Vachira Arromdee, Deputy Governor of the Bank of Thailand (BOT), has noted that central banks around the world “have focused closely on the development of Retail CBDC and see the potential of Retail CBDC as being the foundation of the future financial system.” The… Read More

 Tagged bank of thailand, bot, cbdc, cbdcs, central bank digital currency, central banks, digital currency, digital transactions, reserve bank, southeast asia, thailand, vachira arromdee, virtual currencies

August 5, 2022 @ 8:17 pm By Omar Faridi  |  

CME Group, which claims to be the world’s leading derivatives marketplace, announced its plans to further expand its cryptocurrency derivatives offering “with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review.” Designed to match their U.S. dollar-denominated counterparts, Bitcoin… Read More

 Tagged b2c2, bitcoin, btc, cme, cme group, cryptocurrency derivatives, derivatives, derivatives marketplace, edmond goh, eth, ethereum, euro futures, sam newman, tim mcCourt, tp icap