DBS Bank pilots blockchain-based government grants

The United States Securities and Exchange Commission (SEC) has charged Eran Eyal, the founder Shopin, with orchestrating a fraudulent initial coin offering (ICO).In a press release on Dec. 11, the SEC alleged that the businessman and his company defrauded hundreds of investors in an ICO that raised more than $42 million from August 2017 to April…

Coinbase customers are venting again in frustration with the lack of customer support from the $65 billion company. 2156 Total views 8 Total shares Coinbase is under fire for terrible customer service following reports of users accounts being hacked and drained of funds. According to an Aug. 24 investigation by CNBC, thousands of customers across the…

On March 4, Twitter topman Jack Dorsey’s digital-assets payment company Square Crypto released a statement showcasing its support for Bitcoin (BTC) development with the creation of a grant program that aims to contribute toward the enhancement of the premier cryptocurrency’s native ecosystem.More specifically, the company revealed that its grant program is open to developers interested…

When the financial system or the economy as a whole undergoes a rapid and large decline, it is said to be in a financial crisis. Financial assets like stocks, bonds, and real estate often see a sharp and significant decline in value during financial crises. They can also be identified by a decline in credit…

An Internet of Things (IoT) blockchain specialist and a healthcare data firm have teamed up to devise a solution for fighting the pandemic that complies with European data privacy laws.On April 17, IoT blockchain startup Ubirch and Nasdaq-listed Centogene announced their partnership on a solution for securely handling the results of COVID-19 mass testing.Volkmar Weckesser,…

Kakao, South Korea’s largest internet conglomerate that operates applications and have nearly a 90 percent dominance in their respective markets, is running an Initial Coin Offering (ICO) to raise funds for its blockchain project called Clay.In March, Kakao released its initial attempt to conduct a token sale by establishing an entity in Switzerland. But, with…

The company said the move intends to cover all NFTs listed on the HARTi platform with no cost to the seller. 133 Total views 4 Total shares As announced on Tuesday, Japanese NFT Platform HARTi and insurance group Mitsui Sumitomo (三井住友海上) will roll out nonfungible token, or NFT, insurance for all digital artworks exhibited within…

Cryptosteel has launched its Cryptosteel Capsule, a physical backup device for the offline storage of private keys, passwords, and wallet recovery seeds.The company announced the official launch of the product in a tweet posted on Oct. 21.Not a hardware walletUnlike the hardware wallets that many cryptocurrency HODLers are familiar with, Cryptosteel’s capsule focuses on providing…

Dapper Labs, the company behind CryptoKitties, has announced a partnership with leading mixed martial arts promotion Ultimate Fighting Championship (UFC).According to a press release on Feb. 25, the partnership will see the development of “a new digital experience” for UFC fans, including opportunities to own, maintain, and trade UFC-branded collectibles on Dapper Labs’ Flow platform.Dapper…