Technology Financial News

09.11 / 01:35

Technology Twitter Adoption Tech elon Crypto fans should get behind Elon Musk’s subscription model for Twitter

Like many people, I was originally dubious of Elon Musk’s takeover of Twitter given his historic tendency to make bold promises but later back away. That said, there is merit to his idea of adding a subscription layer to Twitter and using it to both improve curation and diversify away from advertising. If you believe in the core values of crypto, you should believe in it.

08.11 / 17:35

Technology Adoption proof-of-work Bitcoin Could Bitcoin have launched in the 1990s — Or was it waiting for Satoshi?

This year, Oct. 31 marked the 14th anniversary of the issuance of one of this century’s most consequential white papers — Satoshi Nakamoto’s “Bitcoin: A Peer-to-Peer Electronic Cash System.” Its 2008 publication set off a “revolution in finance” and “heralded a new era for money, one that did not derive its value from governmental edict but rather from technological proficiency and ingenuity,” as NYDIG celebrated in its Nov. 4 newsletter.

08.11 / 07:11

business Technology Law Bitcoin Countries ignoring crypto AML rules risk placement on FATF's 'grey list' — Report

Countries failing to adhere to anti-money laundering (AML) guidelines for cryptocurrencies could find themselves added to the Financial Action Task Force’s (FATF's) “grey list."

07.11 / 23:43

Blockchain Technology defi Exploit Leak Report: GALA token exploit resulted from public leak of private key on GitHub

According to a new post by blockchain security firm SlowMist on Nov. 7, it appears that the last week’s token exploit affecting GameFi project Gala Games resulted from a public leak of applicable security keys on GitHub. As told by SlowMist, pNetwork, the cross-chain interoperability bridge used by Gala Games on the BNB Smart Chain, had three privileged roles in its smart contract pGALA.

07.11 / 23:21

Blockchain Technology Adoption copyrights Trademarks filed for NFTs, metaverse and cryptocurrencies soar to new levels in 2022

The number of companies filing trademarks for nonfungible tokens (NFTs), metaverse-related virtual goods and services, and cryptocurrencies has grown rapidly in 2022.

07.11 / 07:55

markets business Blockchain Technology Royalties OpenSea launches new "on-chain" tool to enforce NFT royalties

Nonfungible (NFT) marketplace OpenSea appears to have taken a position in the NFT royalties debate — launching a new "on-chain" tool helping creators enforce royalties.

05.11 / 16:57

Blockchain Technology Ethereum Polygon Polygon Studios' Ryan Watt talks Web3's core principles and fairer internet

The year 2022 in crypto was eventful in many ways. However, the negative impacts of a bear market dampened the excitement around the blockchain upgrades that significantly brought crypto ecosystems closer to the future of finance.

04.11 / 01:11

business Blockchain Technology Bakkt Digital asset platform Bakkt set to acquire Apex Crypto for $200M

Digital asset platform Bakkt has entered into an agreement to acquire Apex Crypto, LLC from Apex Fintech Solutions, Inc. According to the agreement, Bakkt is expected to acquire Apex Crypto for the price tag of $200 million, making its first payment of $55million at the closing of the deal. The transaction will likely be completed by the first half of 2023 and is subject to regulatory approvals.

03.11 / 23:53

business Blockchain Technology Twitter What will Crypto Twitter look like post-acquisition? Blockchain executives share their insights

Nearly seven months after Tesla CEO Elon Musk first made a tender offer to purchase social-media giant Twitter, the $44 billion deal finally came to a close, resembling much of the original terms despite a heated corporate tug-of-war. As a platform for news announcements, marketing, and developer-user communication in the blockchain realm, crypto enthusiasts have already begun to speculate on the future of Twitter now that it's in the hands of the billionaire tech entrepreneur.

03.11 / 16:49

business Technology Hackers Trading Low How low liquidity led to Mango Markets losing over $116 million

It would seem that the hackers used an “oracle price manipulation” tactic in the exploit on the Solana-based DeFi network, as indicated by a tweet sent by the official account for the Mango cryptocurrency exchange.

03.11 / 07:15

business Blockchain Technology Programmer spends 69 nights in 'Bitcoin Cash City' using only BCH: Here's how it went

When programmer Jonathan Silverblood flew to Townsville, Australia from his Finland home for a two-and-a-half-month holiday in August, he had one main task — pay for everything he could using Bitcoin Cash (BCH).

02.11 / 19:43

Blockchain Technology defi settlement International Bank of International Settlement will test DeFi implementation in forex CBDC markets

According to a new announcement on Wednesday, the Bank of International Settlement, or BIS, along with the central banks of France, Singapore, and Switzerland, will be embarking on a new initiative dubbed "Project Mariana" in its exploration of blockchain technology. Project Mariana intends to use decentralized finance, or DeFi, protocols to automate foreign exchange markets and settlement.

02.11 / 18:17

business Technology Food Denmark election: From kingmakers to comeback kids, five things we learned from the vote

Perhaps nobody was more surprised by the Danish election results than incumbent Prime Minister Mette Frederiksen, who wiped away tears as she spoke to supporters at her party headquarters in Copenhagen late on Tuesday night.

02.11 / 17:37

business Technology Food Deal Ukraine war: Moscow rejoins grain deal; Russian missile strikes continue; and UK sanctions

Here are the latest news developments from Russia's war in Ukraine.

02.11 / 16:27

business Technology Activism Poland begins building new wall along border with Russia’s Kaliningrad

Poland’s government has authorised the construction of a new barrier along the 210-kilometre border with the Russian exclave of Kaliningrad.

02.11 / 16:27

business Technology Activism What is Listenbourg? Why is it going viral on Twitter? Why did the meme become so big in Europe?

It only took three days after a photoshopped map showing Listenbourg — a fictional country haphazardly tacked onto the Iberian peninsula — appeared on social media for the joke to take the world by storm.

02.11 / 10:41

Technology Activism Energy North Korea launches several missiles aimed at South in another apparent test

A North Korean ballistic missile landed less than 60 kilometres off South Korea's coast on Wednesday in a barrage of apparent tests President Yoon Suk-yeol said was "effectively a territorial encroachment".

02.11 / 09:33

Technology Activism Energy Danes show trust in PM Frederiksen in nail-biter election

Danes handed its current prime minister another mandate at the polls Tuesday in what was seen as a vote of confidence in Mette Frederiksen's handling of the pandemic and her ability as a leader to overcome yet another crisis.

01.11 / 20:53

business Technology Apple Apple Pay crypto rules Apple's absurd new crypto rules expose how out-of-touch it's become

Giant companies like Apple have made a fortune by centralizing their powers and profits and expanding their product and services network to be a part of people’s lives in as many ways as they can. Until recently, however, Apple had also demonstrated an ability to tunnel-focus its efforts to stay relevant and up to date with what consumers wanted, what mattered to them and what they needed most from the tech giants they rely on. It seems that this is not strictly true anymore, and that is a real shame.

01.11 / 17:09

Blockchain Technology Adoption security Can internet outages really disrupt crypto networks?

In the wee hours of Oct. 18, several parts of Europe, America and Asia were left without any internet due to several undersea internet cables being “cut,” causing a chain reaction of connectivity problems across the globe. France, Italy and Spain, in particular, were faced with significant outages, with many experts claiming that vandals were to be blamed for the same.

01.11 / 16:03

business Technology Law Adoption centralized exchanges Crypto adoption via regulation: Setting rules for centralized exchanges

Centralized cryptocurrency exchanges have become the backbone of the nascent crypto ecosystem, making way for retail and institutional traders to trade cryptocurrencies despite a constant fear of government crackdowns and lack of support from policymakers.

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