Figment takes over staking services for Dutch exchange Bitvavo

Following the meteoric launch of Balancer Labs’ governance token, the decentralized finance (DeFi) protocol has quickly implemented changes to limit large players from exploiting the platform to mine BAL tokens, rather than for crypto asset trading.With $3 million worth of tokens airdropped to users storing assets in Balancer pools, the protocol incentivized storing assets in…

The Islamic Development Bank’s research organization has partnered with Blocko to build a blockchain credit management system. 1781 Total views 46 Total shares The research arm of Suadi Arabia’s Islamic Development Bank Group is aiming to develop a blockchain-based smart credit management system.To achieve this, the bank's Islamic Research and Training Institute, or IRTI, has…

News requires an element of trust. Blockchain may be able to help. 1217 Total views 15 Total shares Verizon unveiled "a blockchain-based, open-source newsroom product designed to raise the bar for corporate accountability," today according to a public statement. Called Full Transparency, the platform is meant to immutably document the company's own news releases on…

A nine-month blockchain initiative assessing the cost and time efficiency of the two countries’ digital verification systems has been deemed a success. 1123 Total views 252 Total shares The Australian Border Force (ABF), Infocomm Media Development Authority of Singapore (IMDA) and Singapore Customs, along with other industry representations, have concluded a blockchain trial project analyzing…

Bitcoin’s price (BTC) turned down from just above the $41,000 mark on June 15, suggesting that traders are halting their purchases at higher levels. Traders seem to be hesitant to take large bets until the U.S. Federal Reserve releases its latest economic projections and the timeline of the proposed rate hikes today.However, Jurrien Timmer, the…

Privacy coins are getting more attention than ever from the U.S. government. 530 Total views 14 Total shares A new report from the U.S. Department of Justice alleges that crypto traders dealing with coins like Monero, Dash, and Zcash are inherently engaging in “high-risk activities.”According to the "Report of the Attorney General's Cyber Digital Task…

Historical crime has left a proverbial black mark on the cryptocurrency ecosystem with multi-million dollar hacks, scams and fraud cases grabbing headlines around the world.Various research reports have highlighted the use of cryptocurrencies for illicit means, with varying degrees of severity since Bitcoin’s inception in 2009. This has ebbed and flowed but crypto is still…

The U.S. Securities and Exchange Commission (SEC) has published a memorandum, dated Oct. 9, from a meeting regarding the Bitcoin (BTC) exchange-traded-fund (ETF) proposal from VanEck and SolidX.As stated in the memorandum, VanEck is a New York-based investment management firm with $46 billion in assets under management and SolidX is a provider of blockchain software…

Artificial intelligence has come a long way in recent years, but there is still one milestone which is yet to be achieved: passing the Turing test.The premise is simple: an interrogator asks questions to a machine and to a human while sitting in a separate location, and receive the answers written down. If they can’t…