Category: Blockchain

Blockchain Protocol Komodo Offering Three-In-One Wallet, Cross-Chain Bridge and DEX

“Most internet users spend all day opening and closing new tabs, so the wallet and crypto experience should be integrated with the way we already use the internet, rather than asking users to download browser extensions or additional software to access their funds,” said Komodo Chief Technology Officer Kadan Stadelmann. “Crypto should be as easy as opening a new tab from any device, on any operating system, while still being your own custodian of your funds.” Source link

Ukraine-based blockchain firm blasts ‘fake news’ for crypto donation rumors amid FTX collapse

Everstake, a blockchain firm that partnered with the Ukrainian government to launch a donation website amid the country’s war with Russia, has pushed back against online rumors and conspiracy theories that the platform was used for politically motivated money laundering.  Ukrainian government officials partnered with Everstake, Kuna and the now infamous crypto exchange FTX to launch Aid for Ukraine in March following the Russian military’s invasion. According to the platform, crypto users and Ukraine supporters sent roughly $60 million in crypto and fiat aimed at supporting Ukraine’s armed forces and…

EIB settles €100 million digital bond on private blockchain

According to a new press release on Nov. 29, the European Investment Bank, or EIB, issued a first-ever euro-denominated €100 million digital bond on a private blockchain-underpinned platform with tokenization help from Goldman Sachs. The latter, along with Société Générale Luxembourg, also act as the on-chain custodians for the financial instrument. The bond bears interest at a coupon rate of 2.57% per year with a maturity date of Nov. 29, 2024, and is governed by Luxembourger laws.  Banque de France and the Banque Centrale du Luxembourg participated in the project…

Blockchain-based fintech company prepares to enter $500B freight settlement market

The world is quick to blame inflation for the rising prices at grocery stores and retailers. This was the #1 political issue for recent Election Day voters in the United States. For example, media sources recently reported poll data that 85% of Americans could not afford to spend $200 on a Thanksgiving meal in November 2022, and only 25% could afford $100. However, few recognize inflation is only part of the problem. Higher costs for products and services are also directly attributable to settlement fees paid by transportation providers who…

Line shuts down crypto exchange to focus on blockchain and LN token

The Japanese messaging giant Line has decided to shut down its cryptocurrency exchange business amid the ongoing crypto winter. Line-owned crypto exchange Bitfront officially announced on Nov. 27 a plan to completely close down the platform by March 2023. According to the statement, the closure was driven by the continued cryptocurrency bear market and other issues in the crypto industry. Despite the exchange’s closure, Line will still continue to run its other blockchain ventures, including the Line blockchain ecosystem and Link (LN) token, the announcement notes, stating: “Despite our efforts…

A Number of Renowned Speakers are Expected to Take Part in Blockchain Fest Singapore 2023

A Number of Renowned Speakers are Expected to Take Part in Blockchain Fest Singapore 2023 Insights and Educational Speeches from Experts about Blockchain are Provided in This Presentation. [Singapore] Marina Bay Sands Convention Center, Singapore, the place that has been chosen by FINEXPO to hold Blockchain Fest 2023. The event will be held on 16-17 February 2023 starting at 10 AM Singapore time until 6 PM. Blockchain Fest Singapore is one of the most interactive events in South East Asia on Blockchain, Exchanges, Cryptocurrencies, Decentralized Finance (DeFi), NFTs, Mining, Gaming…

Putin calls for blockchain-based international payment system

Russian President Vladimir Putin criticized monopoly in global financial payment systems and called for an independent and blockchain-based settlement network on Nov 24, speaking at the International AI Journey Conference in Moscow.  During the event organized by Sberbank, the largest Russian bank and a major lender to the government, he stated: “The technology of digital currencies and blockchains can be used to create a new system of international settlements that will be much more convenient, absolutely safe for its users and, most importantly, will not depend on banks or interference…

Fenix Games raises $150M to fuel next-generation blockchain gaming

Web3 game publisher Fenix Games raised $150 million in funding to acquire, invest and distribute blockchain games. The fund will be used to create a game publishing company specifically for mainstreaming blockchain games. Fenix Games’ latest funding round saw participation from investors, including Phoenix Group and Dubai-based venture capital firm Cypher Capital, reported local news media Jinse. Chris Ko, CEO and co-founder of Fenix Games, who previously led Mythical Games, considers Fenix Games “like a VC fund” for fueling the next generation of blockchain games. Sharing details into the post-funding…

JP Morgan Makes Historical Move with New Crypto Wallet – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Bitcoin and crypto markets bounced back for a while on wednesday following the continuation of a relief rally in the S&P 500. As investors lose trust in exchanges and trading platforms which are not transparent, 137,000 Bitcoins have been removed from exchanges in the past 30 days. Retail investors are accumulating at a rapid pace, as the Bitcoin supply held by on-chain entities between the size of 0.1-1 BTC is spiking. Whilst the stability of the crypto ecosystem remains in…

Which Should You Choose? – Blockchain News, Opinion, TV and Jobs

Cryptocurrency loans are on the rise. In fact, Raconteur found they’re fast becoming a genuine alternative to borrowing money from banks. This development isn’t surprising: many worldwide already buy, trade, and sell crypto. After all, crypto is still a currency despite being digital. If you’re new to crypto loans and deciding between this and personal loans, keep reading to find out which is the best option for you. Crypto loans Cryptocurrencies are assets similar to cars, houses, or stocks. As such, they can serve as collateral for loans. A crypto…