In a new update to the class-action lawsuit against bZX DAO members, a United States district judge ruled that the ability for developers to upgrade a smart contract where the key is in the hands of a single developer makes the arrangement custodial. On March 27, United States District Judge Larry Alan Burns passed a ruling with regard to the class-action lawsuit against bZx DAO and a few others. While the ruling seemed normal on the surface, Web3 lawyers were able to spot a significant development for decentralized autonomous organizations…
Tag: Platform
Crypto Lending Platform MakerDAO Approves ‘Constitution,’ Moves Forward with Major Overhaul called ‘Endgame’ Plan
“While there are plenty of imperfections in the Endgame reforms and the constitutional processes, we are better off uniting around the clean slate those reforms provide and working to make the new Maker as dynamic and successful as possible,” delegate platform Frontier Research posted on Maker’s governance forum. Source
German Dwpbank Launches New Platform to Offer Bitcoin Trading to Over 1,200 Affiliated Banks
It is expected that Dwpbank’s move will put pressure on other German banks and financial institutions in the country. Deutsche WertpapierService Bank (Dwpbank), has launched a new platform called wpNex. The securities processing giant announced the launch via a recent press release on the new platform. According to the release, wpNex by Dwpbank will accommodate its over 1,200 affiliated banks and will allow them to offer Bitcoin (BTC) trading to their customers in the second half of this year. Dwpbank Aims to Integrate Bitcoin Trading into Users’ Online Banking Experience…
Dwpbank launches wpNex platform for bitcoin trading via affiliated banks
Deutsche WertpapierService Bank AG has launched the wpNex platform enabling affiliated banks to offer bitcoin (BTC) trading to retail clients. Deutsche WertpapierService Bank AG enables bitcoin trading for banks Deutsche WertpapierService Bank AG (dwpbank), a key German player in the securities exchange controlling more than 5.3m securities accounts, on Mar. 22, launched wpNex. This new platform enables more than 1,200 affiliated banks to allow bitcoin (BTC) trading to their retail clients. Deutsche Wertpapier Service Bank AG (dwpbank) owns approximately 1,200 German banks. dwpbank announced with its new platform, wpNex, which…
German dwpbank to offer Bitcoin trading to 1,200 affiliate banks on new platform
Deutsche WertpapierService Bank (dwpbank), which offers securities processing to around 1,200 banks in Germany, is creating a new platform, wpNex, that will offer Bitcoin (BTC) to all of its affiliates’ retail customers in the second half of this year. The new service will feature crypto accounts alongside bank customers’ other accounts and will not require additional Know Your Customer procedures, according to local media reports. Wallet-as-a-service provider Tangany and Bankhaus Scheich’s tradias digital asset trading service will also participate in the new offering. Retail customers will not hold private keys.…
Crypto Platform Ziglu Courting Buyers After Robinhood Deal Collapses: Report
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JPMorgan to Acquire Leading Data Platform Aumni in Venture Capital Service Push
Financial powerhouse JPMorgan will acquire Aumni for the data platform’s value at its last fundraising in 2021. Banking giant JPMorgan appears set to acquire leading venture and private markets investment data platform Aumni. Yesterday, the New York-based multinational financial services company announced a definitive purchase agreement with Aumni. Although JPMorgan did not disclose financial terms, the bank expects to pay the data platform’s value at its last fundraising in 2021. This implies that JPMorgan could fork out around $232 million for Aumni. Furthermore, the banking powerhouse expects to wrap up the acquisition in…
Web3 Community Management Platform TYB Joins Shopify App Store
“We want to bring TYB to brand communities, and it’s very simply a tool that allows brands to directly connect with, prompt and engage their communities,” said Teubner. “The Shopify component is really closing the loop on allowing the brand community members to redeem their collectibles for cool perks.” Source AppCommunityJoinsManagementPlatformShopifyStoreTYBWeb3 CryptoX Portal
Crypto Trading Platform Talos Adds Market Depth in Tie Up With Keyrock
The tie-up with Keyrock, based in Brussels, “helps provide our clients with deeper liquidity as the institutional adoption of digital assets continues to grow,” said Frank van Zegveld, head of Europe, Middle East and African (EMEA) sales at Talos. Source AddsCryptoDepthKeyrockMarketPlatformTalosTieTrading CryptoX Portal
Market Maker DWF Labs Invests $20M in Derivatives Trading Platform Synthetix
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