Block.one announces an EOSIO blockchain competition, paying out $200,000 to the first person to solve a puzzle. Block.one announced a smart contract blockchain puzzle, touting a $200,000 prize for whoever figures it out. “In this challenge, participants must create an EOSIO Smart Contract which can store and invoke EVM (Solidity) Smart Contracts in a virtual…
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Binance Launchpad announced the results of the first token sale of the year, WazirX. Binance Launchpad, as the name suggests, is Binance’s token launch platform, which has just announced WazirX’s token sale results. It is the first token sale of this year. According to a Feb. 4 press release from Binance, there were 10,000 winning…
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Payments behemoth Visa is reportedly planning to change point-of-sale fees to merchants in the U.S. as part of a major update of its system. Payments behemoth Visa is reportedly planning to change merchant fees rates for United States-based merchants as part of a major update of its point-of-sale system. The development was revealed in a…
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ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired SEC-registered broker-dealer Heritage Financial Systems. ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired an American broker-dealer, Heritage Financial Systems. Heritage, a broker-dealer registered with the United States Securities and Exchange Commission (SEC), has been acquired by ConsenSys’s…
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The modern scourge of slavery: Can blockchain technology stop its spread and protect workers around the world? It’s a nightmarish scenario that is sadly familiar to many who are seeking work in foreign countries. Slavery and human trafficking — these are criminal industries that continue to flourish in many regions across the globe. Such problems…
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Investment platform CurioInvest and Seychelles-based digital asset exchange MERJ Exchange Ltd. will jointly begin offering a token backed by collector luxury cars. Investment platform CurioInvest and Seychelles-based digital asset exchange MERJ Exchange Ltd. will jointly begin offering a token backed by collector luxury cars. The so-called Car Token (CT1) token is set to be pegged…
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Mastercard’s CEO Ajay Banga revealed why the company left the Libra association, while sharing his thoughts on national payment networks such as CBDCs. Mastercard Chief Executive Officer Ajay Banga explained his concerns about Libra in a Feb. 3 interview with the Financial Times. He bashed Libra for its lack of transparency while arguing that national…
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Electronic voting is gaining more trust and becoming more secure and reliable through emerging blockchain technology. E-voting is gaining its place in the growing discussion over the use of blockchain. In our view, when technology addresses such socially sensitive issues, values step forward to the fore, together with the differences and clashes that they imply.…
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The chairman of Minsheng Bank predicts that blockchain technology will transform the Chinese economy in the next decade. Digital transformation is a national priority for China, and it’s being integrated into both enterprise and banks and other services industries. According to a Feb. 4 report from Economic Information Daily, chairman of Minsheng Bank Hong Qi…
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Waves established a non-profit association to stimulate global adoption of the DLTs and support the growth of the Waves ecosystem. According to a Feb. 3 press release, open source blockchain platform Waves established a non-profit organization called Waves Association in Frankfurt, Germany to provide effective governance for its own ecosystem, Web3, and to foster the…
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