Crypto needs to increase defenses against 654% spike in deepfake scams
Deepfake scams are everywhere, and detecting them with the naked eye is fast becoming impossible. Awareness and education need to be improved.
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Binance briefly pauses Ethereum withdrawals as network suffers ‘minor hard-fork’
Geth developers to blame? 852 Total views 10 Total shares The Ethereum network has suffered what looks like a hard fork on Wednesday as reports emerged of outages and irregularities on infrastructure providers Infura and Blockchair.While initially it was believed to be an internal issue in Infura, a hosting service used by some exchanges and…
8 smart strategies for effectively explaining a blockchain scaling solution
Blockchain technology can be difficult for the average layperson to understand, and when “layers” are added to the concept — as with blockchain scaling — it can be even more confusing. Companies working on blockchain scaling solutions are led and staffed by experts who fully understand the underlying technology and why scaling is essential to…
Belarus Banks Announce Upcoming Token Pilot Program
Belarus Central Bank authorizes several banks in the country to begin issuing tokenized offerings. 279 Total views 4 Total shares On June 10, 12 Belarus' commercial and state-owned banks received permission from the national central bank to issue digital tokens. They will distribute these digital offerings through an upcoming pilot program.According to Sputnik Belarus, the…
B2C2 Launches New Gold Derivative Priced and Settled in Bitcoin
Over-the-counter (OTC) trading platform B2C2 has created what it calls the first product for gold trading using Bitcoin (BTC) for pricing and settlement.Macro players eye new BTC gold productSpeaking to industry news outlet The Block on Oct. 10, the company’s CEO Max Boonen stated that the move comes on the back of increasing demand from…
Borderless Capital launches half billion dollar fund for Algorand projects
Borderless Capital is looking to use its $500 million fund to back projects powering the “next generation” of decentralized projects on the Algorand blockchain. 43 Total views 2 Total shares Capital venture firm Borderless Capital has launched a fund worth $500 million to support projects building on the Algorand blockchain. According to a Nov. 30…
$8.6B IT firm Globant revealed as Bitcoin’s latest institutional buyer
The technology solutions firm revealed it purchased $500,000 worth of BTC during the first quarter of 2021. 10525 Total views 3 Total shares Filings with the U.S. Securities and Exchange Commission reveal that major IT conglomerate Globant has become the latest big firm to invest in Bitcoin.The firm declared its crypto asset purchases for the…
Ethereum Classic Devs Building a ‘Chainhopping’ Bridge Between ETH and ETC
San Francisco-based incubator for the blockchain Ethereum Classic (ETC), ETC Labs, has announced that it has partnered with cryptocurrency firm Metronome to create a solution for Ethereum (ETH)/ETC interoperability, in an official blog post on June 27.Per the announcement, blockchain interoperability—also referred to as “chainhopping”—is a property of a blockchain asset meaning that it can…
New Report Highlights Increasing Decentralization of Bitcoin Mining
Bitcoin (BTC) mining has become more decentralized and continues to diversify, a new report from Canadian wealth management company Canaccord claimed on Feb. 6.Canaccord, which tracks the blockchain and digital currency sectors along with its other financial operations, highlighted the increasingly wide distribution of Bitcoin’s hash rate over the past five years.This, the report says,…