MetaMask co-founder: Memecoins reveal Web3 and AI consent flaws
MetaMask co-founder Dan Finlay’s memecoin experiment highlights Web3’s struggles with consent, trust and investor expectations.
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Nippon Express Developing Blockchain Transport Network
A Japanese logistics company is planning to incorporate a blockchain network into a new transportation system to be developed next year.According to an article from the Nikkei newspaper, Nippon Express plans to invest up to 100 billion yen — approximately one billion USD — into a blockchain-based transportation network for pharmaceuticals. The Tokyo-based company intends…

Blockchain Could ‘Jeopardize the Safety’ of Current Financial Marketplace, DTCC Exec
Fintech is believed to be a “systemic risk” to the broader economy, according to a survey conducted by the United States Depository Trust and Clearing Corporation (DTCC), Dec. 11.20 percent of respondents to the so-called “DTCC Systemic Risk Barometer,” identified fintech among the system risks for the global economy in 2019. The results are up…

Bitcoin’s sharp fall from $50K linked to stronger US dollar, gold correlation shows
Bitcoin (BTC) and spot gold (XAU) hovered below their key psychological levels on Sept. 8, as a stronger United States (USD) dollar weighed on investors' appetite for hedging assets.The BTC/USD exchange rate dropped 5.27% to its intraday low of $44,423 but recovered a portion of those losses after reclaiming the $45,000-46,000 range as support. The…

Core Scientific debtors petition bankruptcy court to approve new president
The debtors appointed Adam Sullivan, a managing director at investment banking firm XMS Capital Partners, to assume the role of president amid the firm’s bankruptcy proceedings. 650 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe debtors behind bankrupt cryptocurrency mining firm Core Scientific filed a motion for…

Nifty News: Luxury brands join Decentraland’s Metaverse Fashion Week
This past weekend, Decentraland hosted the Metaverse Fashion Week, or MVFW, a four-day digital fashion event that staged wearables on virtual runways, organized discussion panels, and housed shopping experiences. A lineup of both legacy luxury labels and digital brands participated, including Dolce & Gabbana, Etro, Tommy Hilfiger, Estée Lauder, and Elie Saab. Meanwhile, digital-native fashion houses…

Virginian county wants to put pension funds into DeFi yield farming
The next few days will see a decision made, which if approved would be the first time pension fund money was used in decentralized finance. 357 Total views 38 Total shares The Northern Virginia county of Fairfax has already invested a part of its pension funds in crypto and blockchain startups. Now, it’s mulling over…

Australia needs blockchain ‘more than ever’ to flip productivity freeze
Australian Parliament Member Andrew Charlton said he believes blockchain technology could add $60 billion to the economy.

How easy is a SIM swap hack and how does one guard against it?
Despite the rise of cybersecurity infrastructure, the online identity still faces many risks, including those related to the hacks of one’s phone numbers.In early July, LayerZero CEO Bryan Pellegrino became one of the latest victims of a SIM swap attack, which allowed hackers to briefly take over his Twitter.And... we're back in. This was basically…