JP Morgan-backed blockchain firm ‘Partior’ closes $60M Series B funding
Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek.
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Coinbase Technology Partner Refutes Alleged Collection, Sale of User Data to Third Parties
London-based blockchain analytics firm Elliptic — which provides technology to major United States crypto exchange Coinbase — has refuted allegations that it collects and sells clients’ user data to third parties for financial gain.In an official statement published on March 4, Elliptic’s CEO and co-founder James Smith stated that the firm has never “enabled the…
BlockCrushr drops lawsuit accusing ConsenSys of stealing its IP
ConsenSys described the case’s conclusion as highlighting “the value of aggressively combatting meritless claims.” 81 Total views 29 Total shares Canadian blockchain startup BlockCrushr has agreed to drop an intellectual property (IP) lawsuit against early backer, Ethereum-focused software engineering firm, ConsenSys.The two firms filed a joint agreement to dismiss the case on July 27, with…
ApeCoin surges 1,950% on South Korean crypto exchange Upbit
The APE/BTC trading pair reached an all-time high of around $90 apiece on the exchange. 478 Total views 4 Total shares Own this piece of history Collect this article as an NFTOn April 12, Yuga Labs' ERC-20 token ApeCoin (APE) briefly surged to $90.00 from around $4.20 apiece on the South Korean cryptocurrency exchange Upbit…
Shell-Backed Firm Raises $2.5M for Zero-Knowledge Proof Platform
Applied blockchain, a Shell-backed distributed ledger technology, or DLT, firm, has secured $2.5 million in funding for applications that use zero-knowledge proofs, or ZKPs, in the context of business-to-business transactions.The funding round was led by Hong Kong-based venture capital, QBN Capital, with the funds designated for the development of a platform featuring ZKPs and other…
Kansas adjourns crypto bill targeting political donations to January 2024
The bill required politicians to “immediately convert” crypto donations to U.S. dollars, with no scope of expenditures or hodling the funds. 252 Total views 1 Total shares A Kansas bill that aimed to limit and prohibit cryptocurrency donations in political campaigns has been adjourned to January 2024. Lawmakers in the Kansas House of Representatives introduced the
EU eyes new money laundering regulator and stricter crypto reporting requirements
The new Anti-Money Laundering Authority would comprise the “centerpiece” of a new supervisory system that would include national regulators. The European Union is looking to launch a new agency designated with cracking down on money laundering at the regional level, with increased reporting requirements around crypto transactions listed among its principal objectives.A July 8 report…
Report: Polish Exchange Shuts Down and Disappears With Customers Funds
Polish cryptocurrency exchange Coinroom has reportedly shut down its operations and disappeared with customer funds, local business news outlet money.pl reported on May 31.Money.pl received an email from one of its readers, who stated that Coinroom — which was registered in 2016 — ceased operations overnight and disappeared with customers’ money in April. Some users…
Stablecoin launch and NFT integration back COTI’s rise to a new all-time high
The blockchain ecosystem has evolved significantly over the past decade as smart contract capabilities have moved the industry from being a simple medium of exchange to a bustling ecosystem full of decentralized finance (DeFi) and nonfungible tokens (NFT).One project that has benefited from the increased capabilities of blockchain technology and the recent launch of smart…