Crypto veterans call out DOJ for targeting Roger Ver a decade after he left US
A majority of the crypto community criticized the US government for its indictment against Ver, and a few users called it a part of the larger anti-crypto stance of the Biden administration.
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$1B in Wrapped Bitcoin now being audited using Chainlink’s ‘Proof of Reserve’
Wrapped Bitcoin is now even safer with Chainlink oracles checking custody wallets every ten minutes. Wrapped Bitcoin custodian BitGo has adopted Chainlink’s Proof of Reserve mechanism in order to boost the transparency and auditability of the tokenized asset for DeFi protocols.The functionality, which is currently live on testnet, enables Ethereum-based dApps to completely automate the…
Police Arrest Indian Crypto Exchange Co-Founder for Unregistered ‘Illegal’ Bitcoin ATM
The co-founder of Indian crypto exchange Unocoin has been arrested shortly after setting up an allegedly unregistered Bitcoin (BTC) ATM machine in Bangalore, English-language daily Times of India reports Oct. 24.The 37-year-old co-founder, Harish BV, was apprehended by police after having reportedly installed the ATM kiosk at Kemp Fort Mall on Old Airport Road, together…
NFTs democratize music industry and redistribute song rights
EDM artist R3HAB and music community anotherblock are using NFTs to share song royalties with everyone involved in the process of launching a song -including fans. 217 Total views 13 Total shares The music industry continues to find inventive ways to integrate decentralized technology into new releases to benefit both artists and their fans. Electronic dance…
Lost keys have already cost billions of dollars, many more at risk — Polygon exec
Polygon’s Mudit Gupta said that despite moving fast in theoretical security, the crypto space is “so far behind” when it comes to practical security. 253 Total views 17 Total shares While private or mnemonic keys offer many advantages for security, they also present practical challenges, according to Mudit Gupta, the chief information security officer of layer-2…
MetLife’s LumenLab Using Blockchain to Automate Life Insurance Claims
MetLife subsidiary LumenLab is using blockchain technology to automate life insurance claims, according to a news release published on June 17.Known as “Lifechain,” the collaboration with Singapore Press Holdings and NTUC Income will enable bereaved families who place obituaries in a local newspaper to instantly trigger searches to see whether their loved one had a life insurance policy.This month,…
Bitcoin Dips Below $10,000 for the Second Time in July
The Bitcoin (BTC) price has dipped below the $10,000 price mark on July 16, while all top 20 coins by market cap are seeing significant losses.Market visualization from Coin360Bitcoin has dipped below $10,000 threshold for the second time this month after the biggest cryptocurrency broke a multi-month high above $13,700 on June 26. After Bitcoin…
Props Project Moves From Private Blockchain Over to Algorand
The Props Project, which includes popular dating app Dating.com, is moving over to the Algorand blockchain. 3798 Total views 43 Total shares Props Project, a decentralized network of apps including Dating.com, is migrating from a private blockchain to Algrorand (AGLO).Props’ network of independent apps uses Props Token as a reward mechanism. Currently it has over…
Podcaster Joe Rogan Uses Crypto-Powered Brave Browser
Joe Rogan and Reggie Watts just talked up Brave to millions of people. 917 Total views 42 Total shares Podcaster Joe Rogan has revealed that he uses the privacy focused Brave browser to avoid internet ads and Google tracking in the latest episode, which features American musician and comic Reggie Watts.It’s one of the most…