Tagged: distributed ledger technology

April 3, 2022 @ 2:30 pm By Omar Faridi  |  

We recently caught up with Markus Levin, Co-founder at XYO, a platform focused on developing a trustless system of Oracles that may enhance the existing location data systems. Levin talked about how the XYO platform is leveraging distributed ledger tech (DLT), smart contracts, and decentralized… Read More

April 1, 2022 @ 1:31 pm By Omar Faridi  |  

TRM Labs, the provider of cryptocurrency anti-money laundering (AML) and investigations software, announced that former IRS-Criminal Investigations (IRS-CI) Special Agent Chris Janczewski has joined TRM “as Head of Global Investigations, bringing extraordinary investigative expertise to the next generation blockchain intelligence company.” While at IRS-CI, in… Read More

March 31, 2022 @ 3:58 pm By Omar Faridi  |  

The Polygon Network, a decentralized app (dApp) layer for Ethereum, has announced that “Polygon ID”, one of the first identity platforms powered by zero-knowledge (ZK) cryptography — privacy, and blockchain scaling technology, will be “ready before the year ends.” The blockchain-enabled ID for decentralized and… Read More

March 30, 2022 @ 6:31 pm By Omar Faridi  |  

Private markets investment firm Hamilton Lane (NASDAQ: HLNE) has teamed up with digital securities exchange ADDX in order to tokenize a class of shares “issued by Hamilton Lane Global Private Assets Fund, to enable access to the private markets for a broader set of investors… Read More

March 30, 2022 @ 3:06 pm By Omar Faridi  |  

Blockchain gaming firm Cross The Ages (CTA) has announced a successful $12 million seed round, with investors including Animoca Brands, Ubisoft, Polygon and Sebastien Borget, Co-Founder and COO of The Sandbox. Covering the virtual and physical worlds, Cross The Ages Universe claims that it is… Read More

March 30, 2022 @ 8:06 am By Omar Faridi  |  

A report from Huobi Research Institute, a blockchain research organization, has identified multi-chain networks as “key to the blockchain ecosystem’s long-term development due to the security, decentralization and scalability they offer.” Titled “Game of Thrones in Blockchain: Multi-chain Networks Battle for Supremacy”, the report by… Read More

March 29, 2022 @ 6:52 pm By Omar Faridi  |  

The Australian Securities Exchange (ASX) is reportedly set to enforce yet another delay to the cutover of its blockchain-powered post-trade network, which was initially expected to go-live in April of last year. The ASX has been working cooperatively with distributed ledger tech (DLT) specialist Digital… Read More

March 29, 2022 @ 7:18 am By Omar Faridi  |  

Steven L. Schwarcz, a Stanley A. Star Distinguished Professor of Law & Business at Duke University School of Law, notes that in the paper, titled Next-Generation Securitization: NFTs, Tokenization, and the Monetization of ‘Things’ (forthcoming in the Boston University Law Review), he has looked at the surge… Read More

March 28, 2022 @ 11:48 am By Omar Faridi  |  

Venly, a blockchain tech provider, is pleased to confirm its partnership with Immutable X, which is an Ethereum (ETH) Layer-2 scaling solution for non-fungible tokens (NFTs), in order to “popularize and enable unbeatable blockchain solutions to its growing audiences.” Venly is a blockchain tech provider… Read More

March 27, 2022 @ 3:30 pm By Omar Faridi  |  

As the global crypto market keeps growing, stablecoins are playing “a more indispensable role, with TRC20-USDT becoming a mainstay.” On March 23, 2022, Tether’s (USDT) official data showed that “the supply of TRC20-USDT topped 40.7B, surpassing that of ERC20-USDT (39.8B).” This is another milestone for… Read More

March 27, 2022 @ 1:27 pm By Omar Faridi  |  

Blockdaemon is pleased to confirm that they have added support for Ethereum’s (ETH) open-source client software “in preparation for the ’the merge’.” As part of their ongoing commitment, they’re offering $900,000 worth of IBM Cloud credits to fund Ethereum client stability testing. This will directly… Read More

March 22, 2022 @ 8:15 am By Omar Faridi  |  

Euroclear, a securities settlement house, has reportedly joined a consortium of banking institutions that are developing a payment solution for tokenized assets in the most recent indication of major institutions working with emerging players in crypto-related tech. Belgium- based Euroclear noted that it had acquired… Read More

March 19, 2022 @ 10:44 am By Omar Faridi  |  

Ripple, which claims to be the leader in enterprise-grade blockchain and crypto solutions, is committing 1B XRP to “accelerate development and new use cases on the XRP Ledger (XRPL).” The fund is “an extension to the XRPL Grants program which launched in 2021 and, to… Read More

March 18, 2022 @ 9:16 am By Omar Faridi  |  

Adam Zadikoff, Senior Product Manager at Coinbase (NASDAQ:COIN), notes that making Web 3.0 more user-friendly “means more ways to interact and connect with dapps across a wide range of blockchains and networks.” Coinbase is now introducing their initial phase of support for Solana. SOL tokens… Read More

March 18, 2022 @ 8:43 am By Omar Faridi  |  

TravelX, the firm focused on building the travel industry’s blockchain-powered distribution protocol, announced a $10 million seed funding round – which has been led by Borderless Capital (closed last November). Other investors participating in the investment round from the travel, technology and blockchain verticals included… Read More

March 17, 2022 @ 10:54 pm By Omar Faridi  |  

onXRP.com, a tech and content platform offering “user-driven” innovation to the XRP Ledger (XRPL), and Pastel Network (PSL), the application-specific and “purpose built” NFT blockchain, announced a partnership to improve the security of the XRPL NFT ecosystem. As mentioned in an update shared with Crowdfund… Read More

March 17, 2022 @ 4:24 pm By Omar Faridi  |  

The Kava DAO has reportedly voted to “allocate $750M to on-chain developer incentives, committing majority ownership of the network to the #BUIDLers.” As mentioned in a blog post, high-quality developers are “the most valuable asset to the long-term success of Layer-1 blockchains.” In recognition of… Read More

March 17, 2022 @ 3:28 pm By Omar Faridi  |  

Japanese web app developer Omochi has announced its pre-registration of “tomonity” NFT marketplace on the IOST blockchain. Tomonity’s “unique” benefits for its users reportedly include “free” transactions and a built-in wallet that “eliminates the pain of creating and importing a crypto wallet for new users.”… Read More

March 16, 2022 @ 1:56 pm By Omar Faridi  |  

American Express (NYSE: AXP) has reportedly filed trademark applications in order to register its official name, logo, as well as its slogans for a range of banking services in the Metaverse. In an applications submitted this month, reviewed by Metaverse trademark attorney Michael Kondoudis, Amex… Read More

March 16, 2022 @ 11:52 am By Omar Faridi  |  

Telos Blockchain (Tlos) has reportedly become a virtual tenant of Bloktopia and is currently organizing to “put that space to good work.” Telos (TLOS) tokens are trading at $0.774674 and they have a market cap of just over $200 million at the time of writing… Read More