Blockchain Financial News

02.11 / 13:05

Blockchain regulation privacy Web3 security Decentralization Deutsche Telekom Becomes Validator of Privacy-Focused Aleph Zero, More to Come

Privacy-enhancing layer-1 blockchain Aleph Zero has announced Deutsche Telekom’s wholly-owned subsidiary, Deutsche Telekom MMS, as its newest validator.

02.11 / 12:51

Blockchain defi Hackers hacks regulation SEC security centralized exchanges SafeMoon hacker’s use of centralized exchanges could help law enforcement — Match Systems

The decentralized finance project SafeMoon, which was exploited in March, resulting in a net loss of $8.9 million in BNB (BNB), has been charged by the United States Securities and Exchange Commission (SEC) for security rules violations and fraud.

02.11 / 10:47

Blockchain cryptocurrency Adoption Sport Adidas MoonPay Adidas and Bugatti Collaborate on Limited-Edition Soccer Shoes with Digital Twins

Luxury carmaker Bugatti and shoe giant Adidas have partnered to auction a limited-edition football shoe, which will come with a digital twin.

02.11 / 10:37

Blockchain Ethereum Provident Digital Platform Interface reports Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development

Circle, a global financial technology firm, has taken steps to simplify blockchain interactions for developers and businesses with the beta launch of two new Web3 Services products: Gas Station and Smart Contract Platform. These new services come as a follow-up to Circle's recent Programmable Wallets offering. Gas Station aims to ease the cost burden associated with blockchain transactions for end users. Typically, Web3 users are required to pay a «gas fee» to conduct transactions on the blockchain. These fees have long been a point of friction for developers and businesses looking to integrate blockchain functionality into their apps.

02.11 / 10:37

Blockchain Provident Target Action country Department donates Debunking Overblown Claims on Crypto and Terrorism Financing

In light of the recent terrorist attack in Israel orchestrated by Hamas, Chainalysis, a blockchain analysis company, addresses the misconceptions surrounding cryptocurrency's role in terrorism financing in a blog post dated October 18, 2023. The analysis reveals that terrorism financing represents a minuscule portion of the already marginal illicit cryptocurrency transaction volume. While terrorist groups do utilize cryptocurrencies, they predominantly rely on traditional fiat-based financing channels like financial institutions, hawalas, and shell companies.

02.11 / 10:37

Blockchain Digital Platform Align Simulation country 2020 DTCC to Acquire Securrency, Advancing in Digital Asset Infrastructure

The Depository Trust and Clearing Corporation (DTCC) has solidified its position in the digital asset sphere by confirming its intention to acquire Securrency, a firm renowned for its expertise in digital asset infrastructure development. This acquisition aligns with DTCC's strategic vision of seamlessly integrating digital assets with its pre-existing products and services. The specifics of the deal remain confidential, but indications suggest a closure «in the coming weeks.»

02.11 / 10:19

Blockchain defi applications banking FinTech TradFi TradFi gets crypto boost: Renegade joins Cointelegraph Accelerator

As the crypto industry continues to grow, it becomes increasingly intertwined with traditional finance (TradFi) to the benefit of end users. TradFi is notoriously slow, inefficient and expensive. International wire transfers, which take days and double-digit dollar fees in most cases, are a perfect embodiment of the current state of traditional finance.

02.11 / 09:41

Blockchain defi Trading Bitcoin Price Multichain Trader exploits Multichain opening to turn $280K to $1.9M; community suspects insider job

A wallet address turned nearly 1.9 million Fantom (FTM) worth $280,000 to $1.9 million within hours of exploiting the long-frozen Multichain Bridge opening momentarily, leading to insider job speculations among the crypto community.

02.11 / 08:15

business Blockchain Gaming Sky Mavis Axie Infinity developer brings Japanese Web2 games to Ronin

On November 2, Sky Mavis, the developer behind the popular monster-battle nonfungible tokens (NFT) game Axie Infinity, announced a partnership with Korean gaming studio Act Games, to bring a variety of Japanese video game franchises to its native Ronin blockchain.

02.11 / 07:39

Blockchain Provident Digital Manufacturing CEO testing Tangem Unveils Tangem Ring: Bridging Crypto Security and Style

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

01.11 / 23:17

Blockchain Ethereum BLOCK hacks Browser show Multichain Breaking: Some Multichain transactions are confirmed as queue unwinds

Hacked cross-chain protocol Multichain has confirmed some transactions, and its backlog of queued transactions has declined to only a single transaction, according to data from Multichain's explorer tool. Blockchain data confirms that some of the transactions have been confirmed on the destination chain, while others show as confirmed in the Multichain explorer but not on the destination chain.

01.11 / 21:43

Blockchain Celestia Celestia Project Surpasses $370M Market Cap Following Highly Anticipated Launch

Celestia, a project focused on data availability in blockchain, launched its mainnet on Tuesday. Originating from a 2019 research paper by Mustafa Al-Bassam, the project has seen its market capitalization reach over $370 million overnight.

01.11 / 21:25

Blockchain Adoption Hackers hacks Cybersecurity security Cybercrime lazarus Lazarus used ‘KANDYKORN’ malware in attempt to compromise exchange —Elastic

Lazarus Group used a new form of malware in an attempt to compromise a crypto exchange, according to an October 31 report from Elastic Security Labs.

01.11 / 19:18

Blockchain Ethereum CEO Platform Inside social guidelines Cubist Revolutionizes Wallet Management with New Wallet-as-a-Service Platform

Blockchain startup Cubist has publicly launched a new “wallet-as-a-service” (WaaS) product, seeking to tackle the wallet management challenges behind making account keys both readily available and secure.

01.11 / 19:17

Blockchain Provident Platform reports Crypto VC Investments Continue to Take a Hit, Drop Another 10% MoM

There has been a significant decline in publicly disclosed investment projects by crypto venture capitalists (VCs) during the month of October.

01.11 / 19:17

Blockchain Twitter Binance Tether Action reports NOT Pro-Bitcoin Senator Lummis Explains Why Crypto Is Not The Problem On Terrorist Financing

U.S. Senator Cynthia Lummis (R-WY) corrected the record on crypto and terror financing on Tuesday after calling for crackdowns on crypto firms supporting sanctioned groups just days earlier.

01.11 / 17:51

Blockchain Ethereum Provident Digital Bitcoin innovations Unlocking value: Exploring the integration of NFTs and physical assets

NFTs have changed our understanding of digital assets since gaining more mainstream attention in recent years. With this, the relationship between NFTs and physical assets has also emerged as an intriguing and innovative use-case for this technology.

01.11 / 17:51

business Blockchain Visa completes digital Hong Kong dollar pilot test with local banks

Payment processor Visa has completed the Hong Kong Monetary Authority's central bank digital currency (CBDC) Pilot Programme with HSBC and Hang Seng Bank.

01.11 / 17:51

business Blockchain Ethereum Adoption privacy Worldcoin Worldcoin claims 4 million app downloads and 1 million active users

Iris-scanning project Worldcoin has reached a new milestone, as its mobile World App has now been downloaded over 4 million times, according to a November 1 blog post from the project’s team. If this number is eventually confirmed by Coingecko, it could place World App in sixth place in Coingecko’s list of most downloaded software wallets.

01.11 / 15:15

Blockchain Ethereum Platform Reddit awards exclusive 2020 Reddit to Discontinue Blockchain-Based Community Points Program

In a bid to prioritize scalable reward programs, Reddit is terminating its blockchain-based Community Points program, a decision that has garnered significant attention in recent days, according to Techcrunch. The system, conceived to incentivize positive engagement among users, will cease operation by early November 2021.

01.11 / 15:15

Blockchain Progressive Platform stage track country 2020 Chainlink Unveils Constellation: A Grand Hackathon Event

Chainlink has taken the wraps off its most extensive hackathon event to date, dubbed Constellation, set to commence on November 8 and run through December 10, 2023. This announcement comes on the heels of Chainlink's evolution since its initial virtual hackathon in 2020, which had garnered over 1,000 registrations and 70+ project submissions from enthusiasts spanning 45 countries. The initiative was a frontier at the time when the Decentralized Finance (DeFi) space was in its nascency, and Non-Fungible Tokens (NFTs) were just beginning to make a mark.

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