Consensys urges clear crypto rules in letter to future US president

SBI Ripple Asia and the Japan Payment Card Consortium have announced a joint proof of concept (PoC) to combat fraud with blockchain technology, according to an official release published Nov. 16.According to the news release, the PoC will be conducted on R3's blockchain platform, Corda, and will aim to prevent damage wrought by fraudulent transactions…

As the West continues to impose more sanctions against Russian banks following Russia’s invasion of Ukraine, one Ukrainian official has called for sanctions on Russians’ cryptocurrency holdings as well.Mykhailo Fedorov, Ukraine’s Minister of Digital Transformation, took to Twitter on Sunday to urge the global cryptocurrency exchanges to block addresses of Russian users.He emphasized that exchanges…

New York-based blockchain intelligence firm Chainalysis has launched a new initiative to shed more light on the scope of its latest cryptocurrency crime analyses. Published on May 4, three installments of the firm’s new Crypto Crime Intelligence Briefs provide insights into the mechanisms and routes being used for illicit transactions in the crypto space. In launching its…

Ether (ETH) bulls like a positive spread between its spot and ETH futures prices because the so-called contango reflects optimism about a higher rate in the future. But as of Aug. 1, the Ethereum futures curve slid in the opposite direction.Ethereum quarterly futures in backwardationOn the daily chart, Ethereum futures quarterly contracts, scheduled to expire in December…

The upcoming "Stargate" upgrade with Inter-Blockchain Communication helps propel the price of Cosmos' ATOM to a new all-time high. 2444 Total views 17 Total shares The price of Cosmos' ATOM has increased 240% since the beginning of February as excitement builds for the approaching Stargate upgrade on Feb. 18 that will help connect all Cosmos-based chains…

CoinDCX users to stake on ETH 2.0 with as low as 0.1 ETH, the exchange says. 498 Total views 8 Total shares CoinDCX, one of the largest cryptocurrency exchanges in India, is preparing its platform to support ETH 2.0 staking in anticipation of Ethereum 2.0 launch.As the first phase of Ethereum 2.0 is expected to…

Nearly 40% of new fintech firms to launch in Hong Kong over the past year are operating in the blockchain sector. 1866 Total views 50 Total shares Blockchain firms are increasingly dominating Hong Kong’s financial technology sector, with 39% of new firms launching in the country’s fintech industry last year operating with distributed ledger technology,…

Mehmet Eryılmaz said that Web3 opens up opportunities for creators to properly showcase their culture through films and music. 170 Total views 14 Total shares While the entertainment and production industry is still primarily dominated by the West, shows like the Squid Game demonstrate an opportunity for non-Western productions to take flight on the international…