Category: Blockchain

Argo Blockchain Reports Zero Exposure To SVB And Silvergate Bank, Here’s Why

In a recent tweet, Argo Blockchain PLC revealed that it has no exposure to the shuttered SVB and Silvergate banks. It also shared a post responding to the bank issues, declaring that neither the Argo blockchain nor its subsidiaries are exposed to the risks stemming from the bank closures. As such, its operations will continue regardless of the collapse of these banks. The collapse of some top banks recently created chaos in the crypto market and affected many firms. A notable example is the shutdown of Silvergate and Silicon Valley…

Cybersecurity Firm Halborn Warns of Zero-Day Vulnerabilities in Over 280 Blockchain Networks

A cybersecurity firm, Halborn, has recently warned of a vulnerability that could put over 280 blockchain networks at risk of zero-day exploits, potentially exposing at least $25 billion worth of crypto. The vulnerability, which Halborn has dubbed “Rab13s,” could have significant consequences for the affected networks, and Halborn has already worked with some networks, such as Dogecoin, Litecoin, and Zcash, to institute a fix. The warning comes after Halborn was contracted in March 2022 to conduct a security review of Dogecoin’s codebase and found “several critical and exploitable vulnerabilities.” Halborn…

10 important social media ‘don’ts’ for crypto and blockchain companies

Businesses across industries invest a lot of time and resources into building and cultivating their social media presences because of the big potential ROI. Social media marketing is a tool crypto and blockchain companies are quick to leverage — social media platforms offer a variety of audiences, prebuilt communities and global reach.  Still, it’s all too easy to make missteps in social media outreach, and an ill-considered post can go viral (in a very bad way) in an instant and cause lasting damage to a brand. Below, 10 members of…

Tassat blockchain to join FedNow service with B2B onramp as pilot prepares for launch

Blockchain operator Tassat announced March 14 that it will provide access to the United States Federal Reserve’s FedNow payment system. FedNow, which will launch as a pilot project later this year, will provide real-time, round-the-clock payment service. Tassat will serve as a business-to-business onramp for FedNow through a client-facing application programming interface (API), CEO Kevin Greene told Cointelegraph. Both the company’s interbank and intrabank services will provide FedNow access. The FedNow pilot is expected to begin in June or July with a small number of banks. The system will offer…

Former Age of Empires producer talks blockchain game adoption and GameFi

The crypto ecosystem has spent over a decade proving it can disrupt the status quo as crypto and blockchain technologies like cryptocurrencies, nonfungible tokens (NFTs), and blockchain-based games go head-to-head against their mainstream counterparts. While Bitcoin (BTC) has managed to shoulder its way closer to mainstream adoption, the same cannot be said for other crypto subsectors. In the gaming world, blockchain games were afforded hype and passion similar to their mainstream competitors over the years. However, challenging the status quo of an established industry is no easy feat. As a…

Privacy blockchain platform Aztec to shut down Aztec Connect

Privacy blockchain platform Aztec has announced that it will be shutting down Aztec Connect, the network’s privacy infrastructure that acts as the encryption layer for Ethereum. The network was launched in July 2022 and has since amassed more than 100,000 users. However, the company has now officially announced that it will be closing down the service. The closure of Aztec Connect will involve disabling deposits from front-ends like zk.money and zkpay.finance on March 17. Users will be able to withdraw their funds from Aztec Connect with no fees for one…

AI and blockchain could transform the courtroom – Cointelegraph Magazine

Earlier this year, Joshua Browder, CEO of AI startup DoNotPay, attempted to bring a robot lawyer into a California courtroom, despite almost certainly knowing that it was illegal in almost all 50 states to bring automated assistance like this into a courtroom. DoNotPay bills itself as the “world’s first robot lawyer” whose goal is to “level the playing field and make legal information and self-help accessible to everyone.” It helps to serve society’s lower-income segment to lower medical bills, appeal bank fees, and dispute credit reports. It claims to have…

How blockchain technology revolutionizes digital ownership?

Nonfungible tokens (NFTs) prove ownership by creating a unique digital certificate for a specific asset. A decentralized digital ledger that keeps track of all nonfungible token transactions and ownership changes is used to create each NFT. When generated, an NFT has a unique digital signature, signifying the ownership of the asset it stands for. This signature is recorded on the blockchain with all the information about the asset and the transaction. Since the blockchain is decentralized and offers immutability, it provides a secure and transparent record of ownership that cannot…