Crypto Users Bridge Millions to zkSync Blockchain in Hopes of Token Airdrop
Crypto users that frequently interact with new and existing platforms will likely receive an airdrop at some stage – which has quickly spurred the narrative of “airdrop farming” in Crypto Twitter circles, as large airdrops can be valued at thousands of dollars in effectively free money at peak.
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60 Latin American Banks Can Now Use Bitcoin for Cross-Border Payments
news A leading bank technology provider in Latin America is partnering with cryptocurrency exchange Bitex to facilitate cross-border payments over the bitcoin blockchain. “The integration of Bitex into Bantotal program represents a major step in the breakthrough of blockchain technology in banking,” said Bitex Chief Marketing Officer Manuel Beaudroit. Bantotal is a core banking service…

Ethereum Futures Are Now Trading on CME
The Chicago exchange has now traded 77 ETH contracts after going live on Sunday.Feb 8, 2021 at 10:04 a.m. UTCUpdated Feb 8, 2021 at 10:10 a.m. UTCEthereum Futures Are Now Trading on CMEThe Chicago Mercantile Exchange (CME) has launched its much-anticipated futures contracts for ether – the native cryptocurrency of the Ethereum blockchain network.Announced in…

Libra Taps Another Former FinCEN Official as General Counsel
May 19, 2020 at 14:03 UTCUpdated May 19, 2020 at 14:30 UTCThe Switzerland-based entity managing the Facebook-led Libra project has added a former U.S. government official as its general counsel.Announced by the Libra Association Tuesday, Robert Werner joins the project with "a wealth of regulatory, financial crime compliance and enforcement experience" from his previous roles…

BitGo Buys Crypto Wealth Management Platform HeightZero
Cryptocurrency custody specialist BitGo has acquired HeightZero, a firm that provides software tools for wealth managers whose clients may want to invest a proportion of their portfolios in crypto and digital assets. The financial details of the deal were not made public.Crypto has a reputation for fast-paced, speculative and complex trading strategies. Many institutional players

G20 Urges Countries to Adopt Tough FATF Rules on Cryptocurrencies
Feb 24, 2020 at 16:00 UTCCredit: Matias Lynch / ShutterstockFinance ministers and central bankers from the G20 are pushing for wider adoption of standards that compel cryptocurrency exchanges to disclose user information.Following a summit in the Saudi-Arabian capital Riyadh over the weekend, representatives from G20 financial institutions pressed countries that have not done so already…

Web 3 Cybersecurity Company GoPlus Raises $10M to Build Permissionless Security Layer
GoPlus is building a permissionless, modular Web3 security layer, designed to integrate with any blockchain network.The company also plans to introduce a token, which will be used primarily for gas fees and act as an incentive for developers to engage with GoPlus services.07:08Key Takeaways From Elliptic’s Case Study of Ransomware Attacks07:30Crypto and Security: Tips to

Bermuda Now Accepts USDC Crypto for Taxes and Government Services
news Residents of Bermuda can now pay their taxes in cryptocurrency. The Government of Bermuda announced Wednesday it will accept payments in USD Coin (USDC) “for taxes, fees and other government services,” according to a press release by crypto finance startup Circle. USDC is a stablecoin pegged to the U.S. dollar launched a year ago…

Private Blockchain’s Biggest Startups Integrate in Unprecedented Tie-Up
news A historic change in strategy is taking place at R3 and Digital Asset (DA), who are now collaborating to maximize their respective blockchain ecosystems. Announced Tuesday, DA will be bringing its smart contract language DAML (Digital Asset Modelling Language) to R3’s Corda platform, as well as Hyperledger Fabric, following on from its Hyperledger Sawtooth…