How DePIN is poised to disrupt the cloud computing industry: Report

One of the main themes to be discussed at the G-20 Financial Ministers and Central Governors Meeting this weekend has to do with money laundering and cryptocurrency. What kind of agreement would be a surprise? Even for the purpose of introducing Anti-Money Laundering (AML), should we allow our financial privacy to be compromised? Alexander Zaidelson,…

Puerto Rico-based Medici Bank, founded by a direct descendant of the Italian Medici dynasty, launches private beta testing in October.Medici Bank will be piloting digital onboarding procedures, application programming interface and web portals with five global firms, two or three of which represent crypto businesses, Coindesk reports Sept. 26.Crypto clientsMedici Bank CEO Ed Boyle elaborated…

Prime Core Technologies said that “under prior management” it had lost $6 million in user funds and $2 million in treasury funds through investments in the algorithmic stablecoin. 94 Total views 3 Total shares The parent company of crypto custodian Prime Trust, currently involved in Chapter 11 bankruptcy proceedings, has reported losing roughly $8 million…

This is how Ripple’s next product might be called. Ripple, a major cryptocurrency firm developing XRP-based products, continues to actively claim rights on new business trademarks.Over the past month, the company filed four trademark applications to the United States Patent and Trademark Office (USPTO), according to publicly available data on the USPTO website.The latest trademark…

“We hope that the regulatory climate in Canada will change over time to allow us to resume services in the country," said the exchange. 58 Total views 35 Total shares Own this piece of history Collect this article as an NFTCryptocurrency derivatives exchange dYdX has announced it will be restricting Canadian user accounts over the…

Major crypto wallet provider Blockchain.com has opened its fifth office location, continuing its expansion into Europe, the company announced in a blog post on Feb. 19.According to Blockchain.com, the company considered several locations in Europe, choosing Vilnius, Lithuania. The firm said it found that the country was truly committed to innovation and the perfect place…

Top financial services experts continue to join the Libra project. The Libra Association has appointed HSBC veteran James Emmett as managing director of its subsidiary firm, Libra Networks LLC.James Emmet spent 25 years at HSBC and is a former colleague of the Libra Association’s new CEO, former HSBC chief legal officer Stuart Levey. Levey is…

The Federal Council of Switzerland — the country’s executive governing body — has called for a better regulatory framework for blockchain and distributed ledger technology (DLT) in the country.According to an official announcement released on Nov. 27, the Federal Council adopted a dispatch explaining its priorities for improving blockchain and DLT legislation. The proposal targets…