Tag: Platform

Former Paxful CEO Says He Cannot ‘Vouch for Anything Happening There Now’ — Platform Tells Users It Is Back Online – Featured Bitcoin News

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The former CEO of Paxful, Ray Youssef, has told users of the peer-to-peer bitcoin marketplace that he is no longer in control and therefore cannot vouch for “anything that is happening there now.” Youssef also told a user who claimed to have been scammed on the platform that he too has been banned from the platform. Former CEO Tells Users to ‘Trust No One’ The former CEO of Paxful, Ray Youssef, has again reminded users of the peer-to-peer platform on May 9 that he left the company weeks ago and…

Bakkt delists majority of tokens from recently acquired Apex Crypto platform

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Digital asset firm Bakkt has dropped 25 of the 36 crypto tokens listed on its recently acquired trading platform Apex Crypto. A spokeswoman for the company told Cointelegraph on May 12 that the decision was “part of our regular coin listing review process,” and added that: “Our clients’ and their consumers’ best interests are our core commitment, and our review process ensures those interests are best served when we contemplate the most up-to-date regulatory guidance and the latest industry developments.” Further details are sparse at this stage, however most of the…

Bitcoin (BTC) Miner Riot Platform Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees

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Riot claims that Rhodium “deliberately miscalculated” how much in hosting fees it had to pay for Riot’s hosting services. The two were supposed to share the net revenue from Rhodium’s mining at the Whinstone facilities, said the lawsuit, which further alleged that the Rhodium entities short-changed Whinstone for $26 million from 2021 to the first quarter of 2023. Original

Taboo raises $10m to expand entertainment platform

Taboo, an entertainment platform that prioritizes user privacy and is censorship-resistant, has raised $10m at a $250m valuation. TABOO’s blockchain content creation and distribution  Taboo offers users a secure environment to share their thoughts and ideas without fear of surveillance or censorship. The platform leverages blockchain technology and cryptographic protocols to keep user data private and secure while enabling users to retain full control over their data. Additionally, Taboo uses its native TABOO token to incentivize content creators and facilitate on-chain transactions. The successful fundraising highlights the potential of Taboo’s unique value proposition.…

Ernst & Young Starts Ethereum-Based Carbon Emission Tracking Platform

“Detailed traceability allows for tracking of emissions inventory through tokenization including the ability to link carbon output to specific product output,” Brody said in a statement. “By using carbon credit tokens, either created or sourced on the market, enterprises can now have visibility into their actions toward decarbonization.” Source

EU embraces blockchain, launches official platform to transform data management

The European Blockchain Services Infrastructure (EBSI) is launching a publicly accessible blockchain platform in collaboration with Norway and Liechtenstein. The regulated and permissioned blockchain will transform data management with its security and transparency. JUST IN: EU Develops its Own Official Blockchain. Belgium aims to transform EBSI technical project into political projects during its European presidency in 2024, according to a minister. — Crypto Research Group (@CRG_crypto) May 9, 2023 Distributing nodes To promote blockchain adoption across the European Union (EU), the new initiative will see Germany, the largest economy in…

IBM Uncovers AI Platform Watsonx for Client Enterprises to Level Up Their Technological Capabilities

IBM said Watsonx is an AI solution that enhances machine learning and foundation models using trusted data, speed, and governance. IBM (International Business Machines Corporation) (NYSE: IBM) has unveiled an artificial intelligence-facilitating platform Watsonx. At Tuesday’s annual Think conference, IBM stressed that Watsonx would cater to foundational models and generative AI. The company also added that Watsonx offers a studio, data store, and governance toolkit. Watsonx as an AI-Facilitating Solution In addition to enhancing next-gen business foundation models, Watsonx seeks to accelerate the impact of the most sophisticated AI with trusted data. According…

Crypto platform Bittrex files for Chapter 11 bankruptcy following SEC charges

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Cryptocurrency trading platform Bittrex has filed for Chapter 11 bankruptcy protection in the District of Delaware. In a May 8 filing in the United States Bankruptcy Court for the District of Delaware, Bittrex estimated it had more than 100,000 creditors, between $500 million and $1 billion in assets, and between $500 million and $1 billion in liabilities as part of bankruptcy proceedings. The declaration followed the U.S. Securities and Exchange Commission charging the company and its co-founder and former CEO William Shihara for securities violations in April. Cointelegraph reached out to Bittrex…