Tagged: distributed ledger technology

April 17, 2021 @ 11:00 am By Omar Faridi  |  

On April 15, 2021, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 16 individuals and 16 entities for “attempting to undermine and influence the 2020 US presidential election,” blockchain security firm CipherTrace noted in a blog post. CipherTrace also mentioned… Read More

April 16, 2021 @ 7:09 pm By Omar Faridi  |  

Nitin Gaur, Founder and Director of IBM Digital Asset Labs, recently looked into how businesses may be able to absorb “disruptive” impact and start integrating new business models (NFTs) in existing and “new streams” of business opportunity. Gaur writes in a blog post that non-fungible… Read More

April 16, 2021 @ 5:37 pm By Omar Faridi  |  

The team at Chainlink (LINK), the leading decentralized Oracle Network provider, has published a whitepaper titled, Chainlink 2.0: Next Steps in the Evolution of Decentralized Oracle Networks. Released on April 15, 2021, the paper notes that the team has a vision for the “evolution” of… Read More

April 16, 2021 @ 2:22 pm By Omar Faridi  |  

RedBlock and NFT Bazaar have announced a strategic partnership in an “embrace” of the fast-evolving NFT industry. As noted in a blog post by RedBlock: “We are very pleased to announce that RedBlock and NFT Bazaar have officially entered into a strategic partnership, leveraging our… Read More

April 15, 2021 @ 8:00 pm By Omar Faridi  |  

Adam Turman, Developer Support Engineer at Kava Labs Inc, which is focused on “democratizing” financial services and making them more accessible to “anyone, anywhere” across the globe, notes that Kava Labs is pleased to introduce new features and enhancements they’ve been working on recently. Turman… Read More

April 15, 2021 @ 11:32 am By Omar Faridi  |  

Dr. Leemon Baird, Founder and Chief Scientist at Hedera Hashgraph, an ecosystem focused on developing enterprise-grade business applications, has revealed that they’ve just hit their first billion transactions on the Hedera Hashgraph mainnet (in only 19 months). Baird also noted: “And it keeps accelerating. A… Read More

April 15, 2021 @ 10:00 am By Omar Faridi  |  

We recently caught up with Kris Vaivods, CEO at Vorto Gaming, a blockchain startup planning to carry out an initial public offering (IPO) on the Swedish stock exchange later this year. Kris is the Founder of the Vorto Games subsidiary vz games and is part… Read More

April 15, 2021 @ 6:43 am By Omar Faridi  |  

BitRefill, a company that helps consumers “live on” crypto with gift cards, phone refills, and Lightning Network (LN), notes that in Switzerland, people can take advantage of free markets, low taxes and a high standard of living. BitRefill notes in a blog post that they’re specifically… Read More

April 14, 2021 @ 11:57 pm By Omar Faridi  |  

UNA Blockchain, a subsidiary of Hopium, the car manufacturer that develops “high-end” hydrogen sedans, is launching its new blockchain ecosystem. Based in Venice, California, UNA Blockchain aims to position itself as a leader within the automotive sector, according to a release shared with Crowdfund Insider…. Read More

April 13, 2021 @ 8:42 pm By Omar Faridi  |  

Arweave, which aims to offer a “novel” data storage blockchain protocol enabling “a permanent serverless web and creating truly permanent data storage for the first time,” has released its Q1 2021 Ecosystem Update, titled, NFTs, The Guardian, a new web wallet, new gateway (& much… Read More

April 12, 2021 @ 12:52 pm By Omar Faridi  |  

Inal Kardanov, Co-founder and CTO of Billy, notes in a blog post published by the Waves Protocol developers that NFTs’ “second coming” is set to be even “more successful.” Kardanov, a software engineer focused on blockchain, AI, and machine learning, writes in a blog post… Read More

April 11, 2021 @ 7:50 pm By Omar Faridi  |  

Cryptocurrency intelligence firm CipherTrace is reportedly using Chainlink to release CipherTrace DeFi Compli: a compliance solution enabling decentralized or non-custodial exchanges (DEXs) and other DeFi apps to adhere to the Office of Foreign Assets Control (OFAC) sanctions requirements. As part of its decentralized finance (DeFi)… Read More

April 11, 2021 @ 5:55 pm By Omar Faridi  |  

The developers of Ontology (ONT), a leading blockchain platform focused on decentralized ID solutions (among other use cases), recently published their weekly report in which they revealed that their community continues to grow. The update from the blockchain developers also revealed that Ontology’s decentralized identity… Read More

April 10, 2021 @ 12:07 pm By Omar Faridi  |  

The VeChain Foundation, which aims to support the development of VeChain, a leading blockchain platform, reports that their community’s vision “remains steadfast” which is focused on delivering the “mass adoption of public blockchain” while addressing key business challenges that may be “unworkable without this emerging,… Read More

April 9, 2021 @ 8:21 am By Omar Faridi  |  

Alonzo will be developing on Cardano’s (ADA) token upgrades in order to give application developers the tools needed for creating business applications. IOHK, which supports Cardano development, notes in a blog post that at the beginning of March 2021, they implemented Mary ‒ which is… Read More

April 8, 2021 @ 10:34 pm By Omar Faridi  |  

The blockchain-based decentralized applications (dApp) industry has seen “tremendous” growth, according to a report from DappRadar. There’s been a 639% increase in active wallets across all blockchain or distributed ledger technology (DLT)-enabled platforms during Q1 2020. The report reveals that there were around 458,000 daily… Read More

April 8, 2021 @ 6:30 pm By Omar Faridi  |  

Billionaire Mark Cuban-backed Nifty’s has reportedly hired Olta Andoni, an NFT copyright legal expert as its new Chief Legal Officer. Andoni will notably be the first CLO of the nascent non-fungible token or NFT-focused social media platform. Nifty’s is a fairly new online network for… Read More

April 7, 2021 @ 1:42 am By Omar Faridi  |  

Dominik Schiener, Co-founder at IOTA, which claims it has “re-engineered the principles” of existing distributed ledger technology (DLT) to offer a fee-less, open-source, secure data and financial exchange protocol, has revealed that one of the biggest upgrades in IOTA’s history is “right in front of us.”… Read More

April 6, 2021 @ 9:25 pm By Omar Faridi  |  

The team at Security Token Market (STM), which is focused on the fast-evolving blockchain-enabled security tokens space, has published their monthly report. The report reveals that the total security token market cap (as tracked by stomarket.com) stood at  $613,442,470. The market cap monthly change was… Read More

April 5, 2021 @ 6:15 pm By Omar Faridi  |  

The team at Bancor (BNT), which serves as a protocol and standard for decentralized exchange networks for the automated conversion of crypto tokens into other tokens, including across blockchains (without requiring an order book or counterparty to facilitate the exchange), reports that the Bancor Vortex… Read More