Deutsche Bank builds L2 blockchain on Ethereum: Bloomberg
Deutsche Bank is building a layer-2 blockchain on Ethereum using ZKsync to enhance compliance in regulated finance.
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The founder of blockchain security company Quantstamp, Richard Ma, said security is the biggest challenge for DeFi’s growth. 652 Total views 13 Total shares Richard Ma, the CEO and co-founder of the blockchain security startup Quantstamp, explained that decentralized finance has the potential to change our financial ecosystem but security remains a huge challenge.“We think…
Amazon Wants to Build a Blockchain for Ads, New Job Listing Shows
Amazon is looking to hire a software development engineer to develop an advertisement blockchain.Amazon works on an advertising blockchainAmazon posted a job offer on LinkedIn for a software development engineer for its Colorado team, who is supposed to work on an advertisement blockchain. The online retail behemoth aims to grow its advertisement business by leveraging…
The CBDC promised land: As some governments falter, others press on
With the crypto market turning up its pace of growth over the last year and a half, the idea behind central bank digital currencies (CBDCs) seems to have gained an increasing amount of traction among many governments and retail banking institutions. In this regard, as per a study recently released by consulting giant PwC, more…
Bitcoin enters 'a new era' as whales scoop up over 47K BTC during price pullback
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UK High Court Orders Freeze on $1M of Bitcoin in Ransomware Case
A United Kingdom High Court ordered a proprietary injunction on Bitcoin (BTC) obtained through a ransomware attack on a Canadian insurance company. A proprietary injunction is an order which prevents a person from dealing with their own assets when it is subject of a proprietary claim.On Jan. 17, the UK High Court released documents concerning…
Tezos Foundation Moves to Settle $25M Consolidated Lawsuit
The Tezos Foundation moved to settle its $25M consolidated class-action lawsuit on March 20, following more than two years of fighting in court.In a post on its website, the foundation claims to have chosen to settle due to the time and financial expense incurred through continuing proceedings.“It was decided that the one-time financial cost of…
Stacks ecosystem becomes #1 Web3 project on Bitcoin
There were also 140,000 NFTs minted on the Stacks blockchain during its inaugural year. 1356 Total views 66 Total shares On the first anniversary of the launch of Stacks blockchain (STX), which seeks to make Bitcoin (BTC) programmable, the network achieved over 350 million monthly API requests, 40,000 Hiro (development tool for Stacks to build…