The recent Twitter hack shows us that centralized infrastructure is still vulnerable, but DIDs, SSI and blockchains can change the paradigm. Murphy’s law states: “Anything that can go wrong will go wrong.” It always happens with centralized services. A year ago, we saw how half a million Facebook accounts were leaked online, exposing personal data. […]
Continue Reading
Major digital asset firm BitGo announces API support for the Financial Action Task Force’s travel rule. BitGo, one of the world’s largest Bitcoin (BTC) transaction processors, is integrating a new API into its crypto wallet service to support the Financial Action Task Force’s travel rule. BitGo told Cointelegraph on July 14 that the company is […]
Continue Reading
Two related cryptocurrency firms have fallen foul of U.S. financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency. Two related cryptocurrency firms have fallen foul of United States financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency. On July 13, the U.S. Commodity Futures Trading […]
Continue Reading
U.S. regulators team up to fine and halt a crypto portfolio app offering synthetic exposure to traditional assets, which was not offered to U.S. investors. The Securities and Exchange Commission and Commodity Futures Trading Commission issued a joint fine to Abra, a crypto portfolio app that let users get synthetic exposure to traditional markets. According […]
Continue Reading
The ‘.io’ domain name has become part of a complaint against the U.K. for alleged human rights violations tied to its continuing administration of territories in the Indian Ocean. The popular ‘.io’ domain name has become part of a complaint against the United Kingdom for alleged human rights violations tied to its continuing administration of […]
Continue Reading
Brave has found a major partner in Japan to explore the growing Japanese market with. BitFlyer, the biggest crypto exchange in Japan in terms of trading volume, has announced a partnership with Brave, the privacy-protecting browser. According to the announcement, BitFlyer and Brave will develop “a crypto asset wallet for Brave browser users”. No further […]
Continue Reading
A major Chinese steelmaker settled a blockchain-based $16.87 million iron ore trade with the world’s second-largest mining group, Rio Tinto and Hancock Prospecting Pty. Ltd. In its first-ever, the Chinese steelmaker Nanjing Iron and Steel Company said it has completed an iron ore trade on the blockchain. The steel company obtained a $16.87 million shipment […]
Continue Reading
A joint initiative of Akon’s Akoin and Dutch Effect.AI, the Kenyan Opportunity Hub will promote blockchain education and new work opportunities. Akon, a famous Senegalese-American musician and a known blockchain supporter, is setting up a blockchain hub in Kenya. Dubbed the “Kenyan Opportunity Hub”, the new venture aims to promote blockchain and artificial intelligence, or […]
Continue Reading
Afghanistan’s healthcare ministry and several local pharmaceutical companies will use Fantom’s blockchain to combat counterfeit drugs. Afghanistan’s healthcare ministry and several local pharmaceutical companies will use Fantom’s blockchain to combat counterfeit drugs. According to Fantom on July 6, its Opera blockchain will be used to track 80,000 units of four different pharmaceutical products in Afghanistan. […]
Continue Reading
The Binance China Blockchain Institute has partnered with a state-level enterprise to jointly develop new digital infrastructure for small and medium enterprises in the country. Binance’s new blockchain research institute in China has forged a strategic partnership with a state-level supply chain innovator to jointly develop digital infrastructure for small and medium enterprises (SMEs) in […]
Continue Reading