No, FTX distribution payments do not begin on September 30
According to the FTX bankruptcy estate, total claims from injured parties top $11 billion, as a court hearing to confirm the plan looms.
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UK Standards Institution Partners With Blockchain Startup for Supply Chain Compliance
The United Kingdom’s national standards body, the British Standards Institution (BSI), has partnered with blockchain company OriginTrail to increase supply chain transparency. The partnership was reported in a Jan. 24 press release.BSI, which has operated since 1901 and had a reported revenue in 2017 of 473 million GBP (about $616 million), says it wants to…
Impersonation scams in crypto, explained
Understanding impersonation scams in crypto In impersonation scams, fraudsters pretend to be reliable individuals, exchanges or services to trick users into sending cryptocurrencies or disclosing personal information.In the context of cryptocurrencies, due to the pseudonymous nature of cryptocurrency transactions and the level of relative secrecy they provide, impersonation scams are common. So, how do impersonation
CertiK dissects the Axion Network incident and subsequent price crash
On November 2, the Axion Network launched its new token, known as AXN. The project touted the asset as a new investment vehicle, claiming that it would be the most profitable blockchain of its kind to date. During the interim lead up to AXN's airdrop, five separate teams allegedly examined the token's code; industry darlings…
Goldman Sachs is hooking up clients with Galaxy Digital’s ETH fund
Goldman and Galaxy Digital are partnering up again to help the former’s clients gain more access to the crypto industry that the latter offers in spades. 393 Total views 21 Total shares Financial services giant Goldman Sachs has been offering clients exposure to ETH through Galaxy Digital’s Ethereum Fund according to a new Securities and…
IBM Partnership Uses Blockchain, IoT to Combat Drought in California
A collaborative IBM project using blockchain and the Internet of Things (IoT) to tackle drought is underway in the United States state of California, according to a press release published Feb. 8.IBM Research and sensor tech provider SweetSense have reportedly partnered with non-profit organization The Freshwater Trust (TFT) and the University of Colorado Boulder to…
Recursive inscriptions: Bitcoin ‘supercomputer’ and BTC DeFi coming soon
Earlier this year, Ordinals — a unique inscription on the smallest unit of a Bitcoin, called a Satoshi — emerged as a controversial new development. Dismissed by some as spam and embraced by others as a way to bring BRC-20 tokens and NFTs to Bitcoin, the technology stimulated a flurry of developments. Now there is…
New York Financial Regulators Grant BitLicense to Bitcoin ATM Operator
The New York State Department of Financial Services (NYDFS) has granted a virtual currency license, or BitLicense, to Cottonwood Vending LLC, according to an official tweet on Jan. 31.Cottonwood Vending is a Bitcoin (BTC) ATM operator with terminals in New York City and the surrounding area. According to the tweet, the granting of such licenses…
DeFi protocols unite to promote permissionless Web3 experiences
The collaboration of over 30 DeFi projects came as an effort to counteract the negative sentiments built in 2022 due to numerous CeFi ecosystem crashes. 353 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe damages caused by the fall of major crypto ecosystems in the last year…