Securing user data: 11 practical and effective tips for Web3 companies

Speaking to Cointelegraph, entrepreneur and blockchain gaming executive Yat Siu described NFTs as driving a property rights revolution that will redefine the gaming industry. 788 Total views 21 Total shares Prominent online entrepreneur and the founder of blockchain-focused gaming firm Anomica Brands, Yat Siu, has likened the impact of cryptographic non-fungible tokens (NFTs) to the…

If passed, the suspension of both new licenses and renewal applications will last for two years. 304 Total views 21 Total shares New York's legislature might ban proof-of-work (PoW) crypto mining in the state for at least two years, citing environmental concerns. Over the past weekend, on Saturday and Sunday, several crypto advocacy groups — including…

Global banking giant HSBC will explore the use of blockchain for the issuance of fixed income securities in a joint trial with Singapore Exchange (SGX) and investment firm Temasek. Focused on the Asia bond markets, the trial intends to streamline the bond issuance process and reduce associated costs by applying tokenized securities and smart contracts, HSBC…

Cryptocurrency exchange platform and card issuer Crypto.com has partnered with Visa and plans to debut fiat lending. 1615 Total views 8 Total shares Crypto.com is now the latest cryptocurrency exchange and payment service to join the Visa network.According to a press statement issued on Wednesday, Crypto.com has inked a global partnership with the credit/debit card…

California-based online retail store Newegg expanded Bitcoin (BTC) payment options to customers in 73 more countries.Bitcoin payment remains unavailable in six out of over 80 Newegg-served countriesFollowing the announcement, Newegg customers can now purchase its products with Bitcoin (BTC) in almost all of the countries under Newegg’s coverage, according to a press release on July…

Facebook is reportedly seeking support from various venture capital (VC) firms to develop its supposed digital token, New York Times (NYT) tech reporter Nathaniel Popper tweeted on April 8.Citing sources familiar with the matter, Popper states that Facebook is seeking a $1 billion sum to develop its cryptocurrency project. He states that seeking outside investment…

The Philadelphia city government is enthusiastic about exploring a partnership with CityCoins to help boost its treasury with cryptocurrency. 204 Total views 4 Total shares Philadelphia is on the cusp of following in the footsteps of Miami, Austin and New York City by partnering with CityCoins to develop a crypto for the city of Brotherly…

Scam letters purporting to be from the United States Internal Revenue Service (IRS) are trying con cryptocurrency taxpayers and others out of their funds.According to a Forbes report published on August 5, bogus letters are attempting to capitalize on the public’s lack of familiarity with legitimate IRS correspondence and soliciting payments by using threats of…

Five pilot programs will gather data on a digital dollar in the United States over the next 12 months. 3999 Total views 20 Total shares Fortune 500 company Accenture has teamed up with Digital Dollar Foundation to conduct Central Bank Digital Currency, or CBDC, trials in the United States.Announced on Monday, May 3, the newly…