With all eyes on the phased upgrade of Ethereum, the Foundation released an update today that the Ethereum 2.0 Phase 0 has now been set for an official launch at some time around 1 December this year. The update went on to state that the deposit contract was now live and can collect funds to
Blockchain
Former Chief Digital Officer of design house LVMH, Ian Rogers, will join the French digital asset security company – Ledger – as its first Chief Experience Officer. With this appointment, Rogers will focus on consumer interaction and user proficiency and “accelerate” Ledger’s Business to consumer development. Further, Rogers will be involved in “reinventing the user
China-based blockchain infrastructure provider, Blockchain Service Network or BSN, which is backed by the Chinese Government, today announced that it has added major blockchain protocols such as Polkadot, Oasis and Bityuan into its network. In a tweet published on 26 November, the firm announced: Welcome @Polkadot @OasisProtocol @Bityuanofficial into the BSN family! pic.twitter.com/yD6LfMlNDb — BSN
Vietnam’s Ministry of Education and Training (MOET) will now avail blockchain services from smart contract platform TomoChain following a recent partnership. The Ministry would make use of blockchain’s core features such as transparency and having an immutable verification of data. According to a release shared with AMBCrypto, the Ministry’s National Qualifications Archive program will ensure
China Construction Bank Corporation which is one of the “big four” banks in the People’s Republic of China is reportedly launching the sale of $3 billion worth of debt on a blockchain. The digital bonds can be bought for US dollars or bitcoin and will be listed on a regulated Malaysian digital asset exchange. However,
United Nations Office on Drugs and Crime (UNODC), advisor wants countries like Kenya to adopt blockchain technology which would then make it easier for the nation to trace government corruption and other economic crimes. UNODC’s regional anti-corruption advisor, David Robinson, believed that online trust was necessary while building confidence in governments and preventing fraud and
CEO of Tron foundation Justin Sun said in a tweet today that that TRON’s network was “back to normal,” after he revealed on twitter that its mainnet had actually been attacked today by a “malicious contract” during the network’s upgrade: During the 4.1 version upgrade period, the #TRON Mainnet was attacked by a malicious contract
Centre for Science and Security Studies, which is the research wing at King’s College London published a report on 2 November that outlined attributes of blockchain technology and how it could enhance trust between nations fighting to dismantle nuclear warheads, “in a safe” and “reliable” way. According to the arguments set forth in the report,
Lightning Labs, that developed the Lightning Network, a Layer 2 payment protocol and a proposed solution for the Bitcoin scalability problem, announced the release of Pool, “a non-custodial, peer-to-peer marketplace” which would “transform” Lightning liquidity into a tradable asset. Pool is said to allow node operators to buy or sell access to liquidity on the
New York-based telecommunications company Verizon has announced the launch of a blockchain-based, “open-source newsroom product designed to raise the bar for corporate accountability,” according to its report released. Verizon’s new initiative, dubbed the ‘Full Transparency,’ platform is meant to immutably document the company’s own news releases and provide a record of changes to communications on
A fully owned subsidiary of the private Russia-based Gazprombank (JSC) bank announced that it has received authorization from the Swiss Financial Market Supervisory Authority (FINMA) to provide cryptocurrency custody services as well as trading between crypto and fiat currencies to its corporate and institutional clients. Gazprombank said it would first provide these crypto-focused services to
After cryptocurrency exchange Binance said that it would fund 5 DeFi projects, the firm has announced today that it will now be funding the second batch of blockchain projects as part of its $100 million accelerator fund, which was launched in September this year. Altogether, the fund now supports 11 projects that will build on
Economist Nouriel Roubini has criticized online payments giant PayPal Holdings Inc for allowing its customers to buy, sell and hold BTC and other altcoins, from next year onwards. In a tweet published on Monday Roubini shared an article titled how PayPal has brought “crypto gambling,” to customers in the U.S. – which is “bad” for
Cryptocurrency compliance and risk management firm TRM Labs has reportedly appointed former U.S. Treasury and Financial Crimes Enforcement Network (FinCEN) official Ari Redbord as the Labs’ head of legal and government affairs. In this role, at TRM, which is a PayPal backed firm, the official will help the platform build its risk-based anti-money laundering programs
An official from the Russian Central Bank’s National Banking Council, Anatoly Aksakov said that Russia’s CBDC, the digital ruble, would be the “future” of all money circulation in the country, and that the CBDC will start being tested, “possibly” in 2021. This development follows an earlier announcement from the Central Bank regarding the possibility of
San Francisco-based software development firm O(1) Labs, that introduced a portable blockchain, Mina protocol has announced today that it has raised $10.9 million in a strategic investment round from Hong Kong-based Bixin Ventures, and Three Arrows Capital, with both firms co-leading the funding. Other participants that were involved from the Asian markets included SNZ, HashKey
