Category: Blockchain

Blockchain Company AltLayer Appoints Amrit Kumar as COO

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Binance Provides Hope Amongst Extreme Uncertainty – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). The FTX saga continues as crypto investors fear who else could be the next custodial platform to fall. The exchange that has captured the most negative attention over the weekend is Crypto.com. This stemmed from Crypto.com sending $400 million to Gate.io, which was around the time that Crypto.com’s Proof of Reserves was released. This raised significant speculation that Crypto.com has attempted to forge their Proof of Reserves, so that their reserves seem higher than what they are. However, Crypto.com’s CEO, Kris…

Blockchain and the world’s growing plastic problem – Cointelegraph Magazine

Everything makes its way to the sea, and none more so than plastics. There are now five floating plastic islands in different oceans across the world, with the largest island even having a name, the Great Pacific Garbage Patch, which is three times the size of France. Lying between California and Hawaii, it is the world’s biggest ocean waste repository, with 1.8 billion pieces of floating plastic that kill thousands of marine animals each year. Of course, we now know that 35% of waste originates from wealthy countries and 50%…

Philcoin Partners with Indacoin to Enhance Blockchain-Powered Charity

To enhance confidence and accountability in the charitable space, philanthropic blockchain ecosystem Philcoin has inked a deal with Indacoin, a British fiat-to-crypto conversion gateway. Jerry Lopez, Philcoin’s CEO and founder, noted that the partnership would be a stepping stone toward changing how giving happens by providing credit and debit cardholders with the chance to instantly purchase its native token, PHL, in at least 180 countries. Lopez stated: “We have a user base of over 250,000 people across the world through our app and we expect this number to soar…

Climate Chain Coalition releases report on blockchain and emerging technologies at COP 27

The Climate Chain Coalition (CCC), a network of organizations dedicated to leveraging blockchain technology for effective climate action, including Cointelegraph as a member, delivered on Nov. 11 its stock take report at the United Nations Climate Change Conference, or COP27, in Sharm El-Sheikh, Egypt.  Founded five years ago, the coalition has been working on initiatives related to the consumption accounting system and greenhouse gas emissions accounting. Tom Baumann, chair and founder of the Climate Chain Coalition, stated: “During those years, the Coalition has grown from 12 founding organizations to over…

Cosmos Blockchain Founder Kwon Says He Is Against Proposed Changes to ATOM Token

“In an ecosystem with one of the most advanced systems of governance like Cosmos, changes affecting the development of the Cosmos Hub and placing its security and dependability at risk, as well as radical changes to its monetary policy, must be thoroughly examined from all angles and broken down into individual components to be assessed one by one – not grouped together in an omnibus white paper proposed by a centralized committee,” Kwon said in emailed comments. Source link

It is High Time to Rethink Holding Strategies as FTX Crisis Roams, Says Blockchain.com CEO

Speaking on CNBC’s “Closing Bell” Thursday, Peter Smith deemed the collapse of crypto exchange FTX as “a tragedy and total failure of governance.” The CEO and co-founder of crypto exchange Blockchain.com noted that there is a need for crypto investors to go back to the drawing board and hold their assets on their own private keys. Smith explained: “Crypto is one of the very few assets in the world that you can custody yourself, and I think we’re going to see folks increasingly move back to that model as…

FTX appears to have resumed withdrawals Blockchain data shows

According to data from Etherscan on Nov. 10, troubled cryptocurrency exchange FTX appears to have resumed withdrawals. The exchange’s hot wallet address, which has remained inactive after FTX announced on Nov. 8 it would be halting all user withdrawals, has resumed activities as of 3:50 pm UTC. Blockchain data shows that multiple types of tokens and large sums of transactions have since left the hot wallet, which has a balance of $469 million at the time of publication.  Earlier today, Sam Bankman-Fried, CEO of FTX, stated on Twitter that FTX…

After Breaking Up With EA, FIFA Has Announced 4 New Blockchain Games

Following the company’s split with EA, FIFA has announced four new blockchain-based Web 3.0 games as the World Cup 2022 approaches. FIFA Has Revealed 4 New Blockchain Games In Buildup To Qatar World Cup As per an announcement on the organization’s website, FIFA is aiming to entertain and engage a wider group of fans ahead of the upcoming World Cup with the help of these new Web 3.0 games. FIFA is the main governing body of international soccer, and is responsible for holding the most popular sporting tournament in the…