The enhanced version incorporates lessons learned in the four years since Tokensoft debuted ERC-1404, said Noah Thorp, CEO of Upside, a token issuance firm. Prime can handle automated lock-ups and dividend distributions, two features the original could not. Source
Ledger launched an institutional-grade trading network to meet the risk management and regulatory requirements of institutions. On June 28th, crypto custody company Ledger announced the launch of “Ledger Enterprise TRADELINK”, a custodial trading network for institutions aiming to revolutionize this segment. According to Ledger, the crypto wallet company has signed contracts with several partners to carry out its new project, which eliminates unnecessary complexities in the crypto market that are under scrutiny by regulators. Among the cryptocurrency companies and partners that have signed with Ledger are Bitstamp, Bitazza, CEX.IO, Coinsquare,…
In this week’s newsletter, read about the German foreign intelligence agency issuing a dog-themed nonfungible token (NFT) treasure hunt and check out the new NFT stamp collection from the autonomous territory of the Faroe Islands. Find out about Hermès latest win in its infringement case against MetaBirkins, and don’t forget this week’s Nifty News, featuring the NFT Web3 card game Gods Unchained being added to the Epic Games store, and why the United States Secret Service created an NFT collection. German intelligence service launches dog-themed NFTs to fetch cyber talent…
Artificial intelligence is already having a big impact on society, but it also has the potential to harm. Blockchain technology may help create safer, more effective AI systems. Source
A new report is revealing that beleaguered crypto trading platform FTX has so far recovered billions of dollars in assets. The report says that the bankrupt crypto exchange has recovered $7 billion and expects to claw back even more. According to the new report, the global FTX platform owes its clients about $8.7 billion. “Based on the Debtors’ ongoing analysis, as of the petition date, the FTX.com exchange owed customers approximately $8.7 billion. The vast majority of the deficit—over $6.4 billion—was in the form of fiat currency and stablecoin that…
In the latest episode of The Market Report, analyst and writer Marcel Pechman analyzes some data to conclude whether Bitcoin (BTC) will ever trade at $27,000. Some analysts attribute Bitcoin’s recent 21.5% gains to BlackRock’s spot Bitcoin exchange-traded fund (ETF) filing, but other events might have also fueled the cryptocurrency gains. Pechman asserts that, following a period of enforcement actions by regulators against exchanges allegedly acting as unregistered securities brokers, the United States crypto regulatory environment has improved. More recently, the U.S. Securities and Exchange Commission has drawn opposition in…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tether has signed a memorandum of understanding (MOU) with the government of Georgia to foster crypto, web3, and peer-to-peer (P2P) technology development in the country. The stablecoin issuer will also work with local startups to develop blockchain-based solutions through collaboration. Tether forges alliances with Georgia Tether.to, the issuers of USDT, the world’s largest stablecoin, has signed a memorandum of understanding (MOU) with the Georgian government to accelerate the development and adoption of crypto, blockchain, and peer-to-peer…
The spot bitcoin ETF filings by BlackRock and other financial services giants ensured bitcoin would finish Q2 in positive territory. Now the SEC’s decision on the applications will likely play a big role in digital asset prices for the remainder of the year. Original
Bitcoin-friendly social media app Damus received approval to remain in the Apple App Store on Wednesday, after a two-week battle that started on June 13 when the tech giant threatened to eject it from the App Store for violating the company’s in-app purchase guidelines by allowing tips or “zaps” on content paid for with bitcoin (BTC) instead of Apple Pay. Source
Israel has seized crypto wallets containing millions of dollars intended to fund terror, the country’s National Bureau for Counter Terrorist Financing announced June 28. Israeli Defense Minister Yoav Gallant credited collaboration among the Israeli defense and justice ministries, Israeli intelligence and new technology for the operation, according to local media. Speaking at a conference on June 27, Gallant said the operation concluded “a few days ago” and seized crypto that had been transferred to terrorist organization Hezbollah and the Iranian Quds Force. It was the largest seizure of cryptocurrency from those…