DBS Bank pilots blockchain-based government grants
The blockchain-based solution builds on DBS Bank’s participation in Project Orchid, an effort by the Monetary Authority of Singapore to test the benefits of tokenization.
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Consumer-Targeted Cryptojacking Is ‘Essentially Extinct’: Research
Illicit crypto mining — or cryptojacking — against consumers “is essentially extinct,” declares a report released by cybersecurity company MalwareBytes on April 23.Per the report, after in-browser mining service CoinHive shut down in early March — when the team claimed that the project had become economically inviable — cryptojacking against consumers has sharply decreased. At…
Crypto Crime on the Rise — Good Odds of 2020 Becoming a Record-Breaker
Per a new report released by digital-asset intelligence firm CipherTrace on June 2, the value of ill-gotten funds siphoned through cryptocurrency crimes over the first five months of the year stands at a whopping $1.4 billion, thus making 2020 a potentially active year in regard to cryptocurrency-related thefts, hacks and fraud.The report goes on to…
Infinite Fleet publisher launches STO led by $1M investment from Tether
Unlike most blockchain gaming fundraises, this one offers equity in the company and future profit-sharing. 858 Total views 13 Total shares Exordium, the publisher of the upcoming sci-fi strategy game Infinite Fleet, has announced a public security token offering, or STO, on the STOKR platform, starting Jan. 18.The $8 million sale to raise funds for…
Crypto interoperability evolves: From blockchain bridges to DeFi transfers
Today, paying for purchases in cryptocurrencies no longer seems like something out of the ordinary. Many online stores accept Bitcoin (BTC) and other coins along with traditional currencies, while in some cafes, cryptocurrency holders can even pay using point-of-sale terminals.However, there is one thing that distinguishes traditional financial systems from cryptocurrencies: advanced interoperability. Thanks to…
EY: Blockchain Not Understood by Almost 70% of Firms in Asia-Pacific
Over two-thirds of enterprises in the Asia-Pacific region lack a solid understanding of blockchain tech and how to apply it, a new Ernst & Young (EY) poll reveals.The Business Times of Singapore reports on July 16 that the Big Four auditor consultancy firm conducted its poll during a live blockchain webcast with 576 attendees from in…
Uniswap reveals assets ahead of fee mechanism vote
During the first quarter, the foundation committed $4.34 million in new grants and disbursed $2.79 million in previously committed grants.
Kentucky regulator denies plan for subsidizing crypto mining facility
A proposed contact with the Kentucky Power Company would have allowed Ebon International to receive a discounted rate for service at its crypto mining facility over a decade. 161 Total views 4 Total shares The Public Service Commission of the state of Kentucky has denied a proposed contract that would have allowed a mining firm
South Korea Gov’t Sponsors Blockchain Hackathon in Fresh Public Awareness Drive
South Korea continues its drive to promote and expand uses for blockchain, announcing a hackathon to bring new ideas from the public Monday, August 27. The brainchild of the Korea Internet & Security Agency (KISA) and Korea IT Industry Promotion Agency (KIPA), the event is now accepting applications and will run in late November as…