Category: Blockchain

Blockchain Builder StarkWare Restores Crypto for Delinquent Updaters of Argent Wallet, Braavos Wallet

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How blockchain tech and dMRV can help carbon trading markets

There is a global consensus that greenhouse gas (GHG) emissions are warming the planet, but efforts to accurately measure, report and verify these emissions continue to challenge researchers, nonprofits, corporations and governments.  This is especially the case with “nature-based” projects to reduce carbon dioxide levels, like planting trees or restoring mangrove forests. This has inhibited the development of a voluntary carbon market (VCM) on which carbon offset credits are traded. These “offsets” are sometimes viewed as licenses to pollute, but VCMs overall are thought to be beneficial to the planet…

Native USDC Integration on Base Blockchain

Circle has announced the upcoming launch of native USDC on the Base blockchain. The announcement, part of Circle’s #StableSeptember series, outlines the benefits and implications of this integration for both developers and users. Key Takeaways – Native USDC will be the “official form” of USDC for the Base ecosystem. – The token aims to replace the currently circulating bridged USDbC liquidity originating from Ethereum. – Native USDC will be “fully reserved and always redeemable 1:1 for US dollars,” according to Circle’s official blog. – The launch will facilitate institutional on/off-ramps.…

10 ways traditional companies can benefit from partnering with blockchain projects

Leaders of traditional companies across industries may be hearing a lot about the unique versatility and security of blockchain technology and wondering what role it could play in their own businesses. With many pundits proclaiming Web3 and decentraIization to be the future of business and financial transactions, there is likely a sense of urgency behind at least better understanding the possible benefits. Rather than striking out on its own, a traditional company might benefit from partnering with a well-matched blockchain project, whose leaders can offer expertise not only in the…

OpenAI Introduces ChatGPT Enterprise | Blockchain News

OpenAI has revealed that its ChatGPT technology has been adopted by over 80% of Fortune 500 companies within just nine months of its launch. This data is based on the percentage of Fortune 500 companies with registered ChatGPT accounts, identified through corporate email domains. A Solution for Business Leaders OpenAI’s recent blog post indicates that business leaders have expressed a need for a “simple and safe way” to deploy ChatGPT within their organizations. In response, the company has introduced ChatGPT Enterprise, a specialized version aimed at meeting these demands. Early…

Argo Blockchain cuts 2022 debt by half, down to $75M

The mining company, which has been one of a number of firms to struggle amid negative market conditions and a highly-competitive mining ecosystem, reported half year net losses of $18.8 million in 2023, down over 50% from a net loss of $39.6 million in H1 2022. Argo also notes that it has reduced its debt by $4 million in 2023, taking its total debt to $75 million. The company has cut its debt by $68 million, having owed $143 million in June 2022. Revenues were down by 31% in comparison…

Advisor At Blockchain-Focused VC Nabbed In Colombia For Child Porn

In another shocking development, an advisor at a venture capital (VC) firm that focuses on blockchain companies has been arrested. The Master Ventures advisor identified as Orion Depp was arrested in Colombia and is now facing multiple charges connected with sexual activities with underage children. Making Colombia His Hunting Ground In the report that was published by local media outlet Semana, Depp has been using Colombia as a hunting ground for his sexual activities with minors. The financial analyst and advisor would reportedly use social media to lure underage girls…

HK’s Official Blockchain Platform eTradeConnect to Terminate Operations

The Hong Kong Monetary Authority (HKMA)-backed eTradeConnect, a trade finance platform built on blockchain technology and supported by a group of twelve prominent banks, is set to cease operations by month’s end. Launched officially on October 31, the platform’s primary functions were to digitalize trade documents, streamline trade finance operations, and utilize blockchain capabilities to bolster efficiency and foster trust within the trade community. Its origins date back to October 2017, when the HKMA unveiled plans for this trade finance venture, buoyed by the positive outcomes of a preliminary proof-of-concept…

Western Union Embraces Ripple Blockchain And XRP Token For Enhanced Money Transactions

Global money transfer powerhouse Western Union is boldly venturing into the dynamic and rapidly evolving realm of cryptocurrencies, marking a significant and strategic move in its financial landscape. With a storied history of facilitating seamless cross-border transactions, Western Union’s decision to enter the highly-stacked cryptocurrency arena underscores its commitment to innovation and adaptability in an ever-changing financial ecosystem. This strategic move was unveiled by CEO Hikmet Ersek during an analyst conference call, where he revealed Western Union’s active exploration of integrating Ripple’s blockchain technology and its native digital asset, XRP.…