DFX Labs clears Hong Kong’s AML requirement for crypto license
While not yet permitted to trade, DFX Labs is deemed licensed for virtual asset services by the Securities and Futures Commission of Hong Kong.
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Ubisoft Launches Blockchain-Based Collectables to Support UNICEF
The gaming giant released blockchain-based Rabbids tokens that will gather funds for UNICEF. 605 Total views 36 Total shares On June 17, Gaming giant Ubisoft released a series of blockchain-based digital collectibles for the popular gaming and television franchise, Rabbids. Money raised through the sale of these collectables will go to support the United Nations…
Cybersecurity Firm: Fortnite Gamers Targeted by Malware That Steals BTC Addresses
Cybersecurity firm Malwarebytes has found that scammers are using malware that targets the Bitcoin (BTC) wallet addresses of Fortnite gamers, according to a post published October 2.Fortnite is currently one of the most popular video games in the world, with reports suggesting that 125 million people are active players.Malwarebytes has investigated the game’s online ecosystem…
Report: Blockchain Spending in US to Reach $41 Billion by 2025
Blockchain spending in the United States will increase from $3.12 billion to $41 billion by 2025, according to a new report published on March 25.A new report dubbed the "United States Blockchain Business Opportunities and Outlook Databook Series (2016-2025)” forecasts that blockchain spending in the U.S. will report a compound annual growth rate (CAGR) of…
Ethereum Devs Once Again Approve ASIC-Resistant Algorithm ProgPoW
Ethereum (ETH) core devs once again discussed the proposed Application Specific Integrated Circuit (ASIC)-resistant Proof of Work (PoW) algorithm ProgPoW during their weekly meeting on March 15. This week, the devs again reached an overall consensus that the algorithm should be implemented, while the timeline for its implementation remains unclear.When discussing the algorithm, the developers…
Bitcoin Pre-Halving Hash Rate Volatility to Shake Up the Mining Sector
Bitcoin’s (BTC) mining hash rate is seeing major volatility ahead of the halving event, scheduled for May 12, as the mining sector is preparing for a major reshuffle. On May 3, the hash rate set a new all-time high, or ATH, of more than 142 exahashes per second, beating its previous record reached in March…
JPMorgan Continues to Explore Blockchain for Cross-Border Payments, Having Signed 220 Banks Worldwide Along the Way
On April 21, it was revealed that JPMorgan Chase (JPM), the United States’ largest bank with over $2.62 trillion in assets, is planning to widen the use of its blockchain system.Specifically, JPM is adding new features to its Interbank Information Network (IIN), which is now used by more than 220 banks across the globe. With…
Obscure Omicron token spikes 900% after new variant emerges
FOMO has grabbed hold of crypto speculators who have been loading up on Omicron tokens following the WHO’s naming of the latest COVID-19 variant. 2141 Total views 31 Total shares A relatively obscure cryptocurrency called Omicron (OMIC) has surged to an all-time high today as a new fast-spreading COVID-19 variant got christened with the same…
Interchain Accounts is the biggest upgrade to Cosmos since Stargate
The protocols would enable nearly all aspects of data-sharing between blockchain protocols, such as oracle data, governance voting, etc. 513 Total views 18 Total shares On Thursday, the Interchain Foundation, a nonprofit steward of the Cosmos ecosystem, announced the release of Interchain Accounts.The Inter-Blockchain Communications protocol (IBC) enables an entire blockchain to control an account on…