Tag: Blockchain

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Judge Cites Blockvest ‘Egregious Misconduct’ in Granting SEC Motion

In a judgment against assets exchange Blockvest and founder Ringgold, a California judge rules in favor of SEC’s terminating sanctions. A federal judge for the Southern District of California has argued in a recent court filing that blockchain-based assets exchange Blockvest and founder Reginald Buddy Ringgold III should lose their defense in a Securities and…
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Sex Tech Announces First VR Event on Blockchain Security

The VR sex tech event will discuss the blockchain protections in place for those in the sex industry or just those utilizing sex technology. Panelists from sex technology industries will gather in virtual reality on April 23 to discuss the impact of safety in the sex industry when it comes to blockchain. The notice posted…
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Leveraging Hyperledger Fabric — Enterprise Blockchain Unleashes Viable Solutions

Billion-dollar industries are using blockchain platforms powered by Hyperledger Fabric to bring trust to traditionally nontransparent markets. Located in San Francisco’s Presidio Heights neighborhood, the Linux Foundation’s office is nestled in a square of red-roofed buildings that resemble homes rather than technology work spaces. Inside the Linux Foundation’s office sits Brian Behlendorf, the executive director…
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BABB Launches Cash-Out Fiat Gateways in 36 New Regions

The app will enable users to convert fiat currency into BABB’s native token throughout Europe, which can be sent abroad. Crypto wallet banking and donation app BABB has announced on April 20 that they have incorporated a cash-out fiat gateway with GBP/EUR conversion in 36 countries in Europe. According to the official announcement, users can convert…
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People Spend More Crypto on Food and Clothing Than on Illegal Drugs

A survey of people familiar with crypto shows a stark contrast between public perception of crypto’s utility and what it is actually used for. A survey published by research firm Visual Objects has found food and clothing purchases to be the most common use cases for cryptocurrencies. The findings highlight a significant disparity between the…
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Tencent Taps DAML Smart Contract Language for Chinese State Blockchain Network

Tencent’s digital bank WeBank is integrating the DAML smart contract language for the chain that will undergird China’s national Blockchain-Based Service Network. Tencent’s digital bank WeBank is exploring the integration of the DAML smart contract language for its consortium blockchain FISCO BCOS — the chain that will undergird China’s national Blockchain-Based Service Network (BSN). On…
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Survey: Consumers Trust CBDCs Over Privately-Issued Crypto Assets

A survey found twice as many people use central bank digital currencies than decentralized cryptocurrencies. Crypto.com and The Economist teamed up to survey more than 3,000 consumers on issues concerning crypto assets.  The survey found far greater trust in central bank digital currencies, or CBDCs, than decentralized cryptocurrencies — indicating that crypto is still yet…
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Japanese Advertising Giant Promotes Content Creators Using Blockchain

Content creators on popular streaming apps in Japan may soon find it easier to have their work recognized thanks to Dentsu and Kadosawa. One of the largest advertising companies in Japan is making it easier to recognize content creators on popular apps as a market force, even if they use copyrighted material in their work.…
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FBI: Cybercrime Reports Increased by 2 to 3 Times Amid COVID-19

The FBI’s Tonya Ugoretz estimated cybercrime reports have more than tripled amid the coronavirus pandemic. Speaking as part of an online panel hosted by think tank, Aspen Institute, Federal Bureau of Investigations, or FBI, deputy assistant director, Tonya Ugoretz, revealed that the number of cybercrime reports received by the agency has more than tripled amid…
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ConsenSys Developer on How Baseline Protocol Can Improve Contact Tracing

Leading ConsenSys developer, John Wolpert, discussed the potential security flaws with Apple and Google’s contact tracing proposal. Developers contributing to the Github of Baseline Protocol, an open-source blockchain project launched by Microsoft, EY, and ConsenSys, recently offered suggestions for a Baseline Protocol-based COVID-19 contact tracing system.  The project aims to address security flaws noted in…
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