The rights to a performance art piece have been tokenized on the Ethereum blockchain. HOW ARE WE, a performance art collaboration consisting of 15 short works filmed in COVID-19 quarantine, has been hashed and minted into a non-fungible token on the Ethereum blockchain. Additionally, a mechanism has been put in place to reward the project’s […]
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The Vega Protocol claims to have found a solution to sustainably bootstrap liquidity for decentralized exchanges. The founders of the Vega Protocol believe that the concept of order book-based decentralized exchanges is not quite dead yet. A key component of their quest to reinvigorate the concept was announced on Wednesday as a research paper. Titled […]
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An overview of the first two days of the Unitize virtual blockchain conference where top crypto and blockchain experts offered their views on topical issues in the industry. The first two days of Unitize, the virtual conference organized by BlockShow and San Francisco Blockchain Week, have come and gone with speakers from various sectors of […]
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Part 2 of this series continues to cover the legal implications associated with the sale of SAFTs and focuses on taxes related to tokens. The United States Internal Revenue Service and Treasury Department have published minimal guidance on the tax treatment of virtual currency and no guidance on Simple Agreement for Future Tokens or secondary […]
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Volvo’s venture arm invests in blockchain traceability startup Circular to track. On July 8, Volvo Cars Tech Fund announced their investment in blockchain traceability startup, Circulor. Volvo previously used Circulor’s traceability solution to track cobalt in its batteries. Much of cobalt mining happens in Africa under questionable conditions and involves child labor. In the era […]
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Hardware wallet Ledger is allegedly vulnerable to two new attacks, Kraken exchange warned. Kraken, a major United States-based cryptocurrency exchange, has identified new potential attacks against the popular hardware wallet, Ledger. Kraken Security Labs, the exchange’s cyber security division, has discovered two new attack vectors that could compromise the security of Ledger Nano X wallets. […]
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Venezuelan authorities confiscated 315 Bitcoin mining systems. The Bolivarian National Guard of Puerto Ordaz, Venezuela, seized 315 Bitcoin (BTC) mining machines manufactured by Bitmain. The owners of the mining rigs were told that they did not possess the necessary permits to own and operate the machines. They also were not authorized to be transporting the […]
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Ethereum 2.0. is coming, but not soon enough. Could layer-two solutions be the answer? Ethereum has been the center of focus in the cryptosphere for some time now, and for good reasons. As the popularity of the second-largest blockchain network continues to grow, so too does the urgency for improved performance and scalability. The Ethereum […]
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Blockchain tech has not yet reached its full potential for use in the marketing and advertising industries, but it definitely will in the near future. In modern business, there are no areas left where blockchain enthusiasts will not try to use the technology. Distributed ledger technology is used in logistics, manufacturing, games and in facial […]
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Coinbase analyst Max Bronstein says “fireworks” in the global currency market might positively affect the value of Bitcoin. Max Bronstein, who works on the Institutional Coverage team at Coinbase, believes “fireworks” are coming to the global currency market. What’s more, a spike in volatility of currencies might largely benefit the price of Bitcoin (BTC). He […]
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