Kraken’s Jesse Powell donates $1M in crypto to Trump campaign
Jesse Powell, Kraken co-founder, backs Trump with $1 million in Ether, supporting pro-crypto policies against regulatory crackdowns.
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US Retailer Target Unveils Open Source Blockchain for Supply Chain Tracking
United States-based retail giant Target is creating an open source blockchain project for supply chain tracking, according to an official blog post from the company’s VP of architecture on April 22.According to the post, Target ran a pilot test using blockchain technology to certify its paper products along the supply chain in 2018. The blockchain…
SEBA Bank granted the first Swiss digital asset custody license
The bank will concentrate efforts on building an institutional-grade facility to invest in crypto assets. 1212 Total views 21 Total shares SEBA Bank AG, a fully regulated Swiss-based institution with a focus on the offering of digital cryptocurrency assets, has today announced the approval of a CISA license from the Swiss Financial Market Authority, or…
Immutable raises $200M to invest in blockchain gaming, bringing valuation to $2.5B
The company’s valuation grew from just $410 million in 2021, reflecting the rapid expansion of the NFT economy. 118 Total views 3 Total shares Australian NFT trading platform Immutable announced a $200 million Series C funding round led primarily by Singaporean state-owned investment firm Temasek and with participation from Animoca Brands and Tencent. Additional investment from ParaFi…
1inch reveals new cross-chain swap feature
1inch claims that the feature has built-in security against maximal extractable value (MEV) attacks.
Knoxville Is the Latest American City to Suffer a Ransomware Attack
The city of Knoxville had to shut down its IT infrastructure following a ransomware attack launched by an unknown gang. 538 Total views 24 Total shares An unidentified ransomware gang attacked the city of Knoxville, Tennessee’s IT network, forcing officers to shut down all systems on June 12.According to local news station WVLT, the attack…
Square launches cryptocurrency patent alliance to fight the trolls
Square is launching a consortium to pool patents and democratize access to innovative blockchain technologies Square, the U.S.-based financial services company headed by Twitter’s Jack Dorsey, is establishing a consortium to fight patent trolling and ensure open access to technology in the crypto sector.The ‘Cryptocurrency Open Patent Alliance’ (COPA) seeks to democratize access to innovative…
EOS Proves Yet Again That Decentralization Is Not Its Priority
Recently, Blockchain protocol EOS became subject of a new scandal: its governance model was questioned, as evidence showing a moderator reversing transactions which had already been confirmed surfaced on Reddit.Crypto community was triggered once again, but perhaps it is time to face it: EOS is not really decentralized. At least it is isn’t what EOS…
Shenzhen’s stock exchange is preparing to launch Blockchain-powered trades
Chinese exchanges are becoming increasingly blockchain-friendly Shenzhen’s stock exchange, one of the biggest exchanges in the Asia-Pacific region, announced that they have co-launched a blockchain solution for trading with unlisted private-sector companies. This new platform was created as part of the Beijing Regional Trading Center.The report also indicated that the platform will be co-piloted with…