Tag: BlockchainRelated

NFT-delivered court orders an answer to blockchain-related litigation: Lawyers

Non-fungible tokens (NFTs) are becoming an increasingly popular solution to serving defendants in blockchain-based crimes that would otherwise be unreachable, according to crypto lawyers. The last year has seen an increase in litigation delivered over NFTs in cases where those accused of blockchain crime wereuncontactable through traditional methods of communication. In November 2022, the United States District Court for the Southern District of Florida granted a United States law firm The Crypto Lawyers its request for its client to serve a defendant via NFT. While the defendant’s identity was unknown,…

BlackRock’s newest ETF invests in 35 blockchain-related companies

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BlackRock, the world’s largest asset manager, has just launched a new exchange-traded fund (ETF) providing European customers with exposure to the blockchain industry, while reports indicate a Metaverse-focused ETF may be on the way.  The newly launched blockchain ETF on Sept. 27 is called the iShares Blockchain Technology UCITS ETF (BLKC). BlackRock said 75% of its holdings consist of blockchain companies such as miners and exchanges, while the other 25% are companies that support the blockchain ecosystem. The fund includes 35 global companies out of a total of 50 holdings, which also includes…

Blockchain-related hacks have declined in 2020

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The amount of cryptocurrency and blockchain-related hacks has been decreasing over the course of 2020, a new report claims. According to data analyzed by VPN provider Atlas VPN, the number of hacks in the first half of 2020 dropped more than three times compared to the same period in 2019. The data is part of a report released by Atlas VPN on Oct. 28. According to Atlas VPN, 2019 was a record-breaking year for blockchain hackers that exploited 94 successful attacks in the first half of the year, while in…

Alibaba Signs Blockchain-Related Deal With Chinese Port Operator

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China’s biggest port operator, China Merchants Port, reached a deal on May 28 with the e-commerce giant, Alibaba Group, and its affiliate, Ant Financial. This deal will allow for the development of a blockchain-based platform, which will target a number of different use cases. According to local media, the platform will allow buyers, sellers, logistic companies, banks, customs, and tax officials to conduct contactless digital export and import transactions. The companies will promote an in-depth integration of blockchain technology in the port industry. Their goal is to become the world’s…

Blockchain-Related Deals Are Moving From The US to China

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New York-based research firm, CB Insights, has released a report showing that  Chinese startups are starting to substantially increase their blockchain-related investments. The research document, titled The Blockchain Report 2020, was published on March 11. It highlights that in 2015, deals from US-based companies accounted for 51% of Blockchain tech growth. Comparatively China-based companies represented only 2%. However, the balance has now tipped in China’s favor.  Data indicates that in 2019, the percentage of deals enacted by U.S. startups fell to 31%. During the same year, China’s market share grew…

Telecoms Giant Verizon Seeks Talent for Blockchain-Related Positions

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A search for “blockchain” on the career page for telecoms giant Verizon reveals that the company is actively looking to hire new recruits for blockchain-related jobs, including five blockchain developers. The Block highlighted the vacancies in a report on July 24. Verizon is apparently interested in creating a distributed network, as per the report. Additionally, the report specifies that a leading engineer at Verizon believes that hiring options are thin right now: “Google, Facebook, Microsoft, those guys are just taking the cream of the crop. […] I have interviewed over…

2019 AP Stylebook Provides Guidelines for Writing Blockchain-Related Terms

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Major New York news outlet, the Associated Press (AP) has announced that its latest version of The Associated Press Stylebook and Briefing on Media Law has a new section on cryptocurrencies in an official Twitter post on May 29. According to the new AP style guidelines, which constitute a popular standard for professional publications, writers should capitalize the names of cryptocurrencies when referring to them as a system but should keep the first letter lowercase when referring to token payments. They provided the following two sentences as examples: “The government…

Tech Mahindra and Samsung Partner to Seek Blockchain-Related Business Opportunities

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Tech Mahindra and Samsung Partner to Seek Blockchain-Related Business Opportunities April 17, 2019 by Akshay Makadiya Samsung SDS, the logistics and IT arm of South Korean tech conglomerate Samsung, has joined hands with Indian IT services giant Tech Mahindra to pursue potential business opportunities revolving around blockchain technology in India and globally. Also read: Binance to Delist Bitcoin SV as Craig Wright Battle Heats Up Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts SDS, Tech Mahindra Hope for a Win-Win Partnership According to The Korea Times,…

Major Auditing Firm Ernst & Young Releases Updates to Two Blockchain-Related Products

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Big Four auditing firm Ernst & Young (EY) has released two new blockchain developments, a new version of its Blockchain Analyzer and a zero knowledge proof protocol. The company revealed the products in two separate press releases on April 16. EY has launched the second generation of its analytics tool EY Blockchain Analyzer. While the first generation of the product was available to only EY audit teams facilitating gathering companies’ entire transaction data from multiple blockchain ledgers, the upgrade made the analyzer accessible for EY teams and non-audit customers as…

PwC is Top Recruiter for Blockchain-Related Jobs on Indeed, Big 4 Auditing Firms Follow

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Big four auditing firm PricewaterhouseCoopers (PwC) is the top recruiter for blockchain-related jobs on recruitment platform Indeed, search results showed at press time on March 30. At press time, PwC is responsible for 40 blockchain-related job offers on the platform. Other big four auditing firms are apparently recruiting professionals in this niche on the platform: more precisely, Ernst & Young posted 17 such announcements, while Deloitte posted 10. This leaves KPMG as the only big four auditing firm not recruiting blockchain professionals on the platform. Tech giants IBM and Oracle posted…