BIS project demonstrates automated cross-border transaction compliance
Project Mandala uses zero-knowledge proofs to complete compliance checks across different jurisdictions.
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Decentralized Lending Protocol bZx Hacked Twice in a Matter of Days
Decentralized finance (DeFi) proponents are taking a hard hit after decentralized lending protocol bZx saw two successful hacks just days apart with losses totalling around $954,000.According to bZx’s report, the protocol was compromised for the first time on Feb. 14, when the team was at the ETHDenver industry event. The second attack, according to industry…

Judge denies motion allowing SBF to use messaging apps
The judge did not provide a reason for denying the motion “without prejudice” but added the matter would face oral argument in a Feb. 9 hearing. 70 Total views 2 Total shares Own this piece of history Collect this article as an NFTA federal judge has denied a joint agreement between Sam “SBF” Bankman-Fried’s legal…

Pi Network price nears all-time lows as supply pressure mounts
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Binance’s Paysafe deal worries UK financial watchdog
Binance lost access to the sterling payment network in July; however, the Paysafe partnership opened the gates to restricted services. 460 Total views 24 Total shares The Financial Conduct Authority (FCA), the top financial authority in the United Kingdom, has raised concerns over Binance’s recent partnership with Paysafe, a retail payment processor.The U.K. financial watchdog…

ING, Rolls Royce and Multi.io Join Blockchain Education Alliance
ING Bank, AB-InBev, Rolls Royce, and Multi.io joined the Blockchain Education Alliance launched by blockchain accelerator MouseBelt. The Blockchain Education Alliance launched by blockchain accelerator MouseBelt has gained several noteworthy new members. Ashlie Meredith, the head of education for MouseBelt Blockchain Accelerator, told Cointelegraph on Aug. 17 that the new members include brewing company Anheuser-Busch InBev,…

A New York airport test pilots blockchain-based coronavirus cleanliness app
The app will provide travelers at the New York state airport with surface cleanliness data in real-time. 971 Total views 12 Total shares With an eye towards the rapidly spreading coronavirus pandemic, Albany Airport has begun experimenting with the "Wellness Trace App" to track the cleanliness of surfaces and objects inside the airport.The app, developed…

Ethereum price tumbles to $915, but traders are bullish for 4 key reasons
The past week has been an emotional rollercoaster for Ether (ETH) traders, as there were seven four-hour candles of a 10% or larger price movement. Furthermore, the most recent 30% drop to $920 triggered $550 million in liquidations on long futures contracts. To complicate things even further, this current price correction is taking place just four…

NFT clone Punks: Right or wrong?
“Can someone explain to me why NFT ‘clones’ are selling for so much?” asked Redditor LittleDoofus a couple of months ago.NFT clones cash in on successful NFT collections by releasing similar or even identical copies of the art under similar sounding brands. LittleDoofus wanted to know how we have suddenly ascribed so much value to…