Tag: Blockchain

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Bancor Claims Liquidity Token Airdrop Will Increase DeFi Users by 500%

The decentralized liquidity network Bancor announced its upcoming airdrop, which aims to increase the liquidity of decentralized exchanges. The decentralized liquidity network Bancor announced its upcoming airdrop, which will start on New Year’s Eve.  In a Nov. 27 press release shared with Cointelegraph, the decentralized exchange platform announced the official launch of its New Year’s…
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Indian Government to Issue National Blockchain Strategy

The Indian government is working on a national blockchain strategy in order to spur further adoption of the technology in the country. The Indian government is working on a national blockchain strategy in order to expand the technology’s adoption in the country.  As the India Times reported on Nov. 27, India’s Ministry of Electronics and…
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Former UBS Executive Establishes Digital Securities Insurance Platform

A former executive of investment bank UBS, Claude Waelchli, has established a United States-based digital securities issuance platform dubbed Tokenyz. A former executive of investment bank UBS has established a United States-based digital securities platform. According to a press release on Nov. 27, Claude Waelchli — who served over 12 years at UBS in various…
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Swiss Executive Branch Calls for Improved Regulations for Blockchain

The Federal Council of Switzerland has called for the improvement of regulatory conditions for blockchain and distributed ledger technology in the country. The Federal Council of Switzerland — the country’s executive governing body — has called for a better regulatory framework for blockchain and distributed ledger technology (DLT) in the country. According to an official…
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Report: Cyber Criminals Are Using YouTube To Install Cryptojacking Malware

Major antivirus software supplier Eset has found cyber criminals using YouTube to distribute mining modules to cryptojack Monero. Slovakian software security firm Eset has uncovered that cyber criminals behind the Stantinko botnet have been distributing a Monero (XMR) cryptocurrency mining module via Youtube. On Nov. 26, the major antivirus software supplier Eset reported that the…
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Bittrex Exchange Denies It Sought to Collaborate With Ukrainian Government

Cryptocurrency exchange Bittrex has denied claims that the exchange sought to collaborate with the Ukrainian government. A Ukrainian government official said that United States cryptocurrency exchange Bittrex sought to collaborate with the Ukrainian government on developing the country’s cryptocurrency industry. In a Nov. 20 interview with domestic blockchain media outlet ForkLog,. Deputy Minister of Digital…
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Former US Gov’t Official, Capital One Exec Joins Payments Startup C Labs

Cryptocurrency payment startup C Labs recruits former managing vice president at Capital One to oversee the company’s compliance strategy. Cryptocurrency payment startup C Labs has hired former United States government official Jai Ramaswamy to oversee the company’s compliance strategy. On Nov. 26, Coindesk reported that Ramaswamy had joined C Labs, the company responsible for Celo,…
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Security Platform Is Up To $2.5B In Crypto Moved A Month 6 Months After Launch

Digital asset security startup Fireblocks announced that it is moving more than $2.5 billion in crypto each month only six months after launch. Digital asset cybersecurity startup Fireblocks announced that it is currently moving more than $2.5 billion in cryptocurrencies each month. In a Nov. 26 press release, Fireblocks revealed that the company has seen…
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Red Cross Deploys Blockchain to Boost Communities’ Economic Resilience

Three national units of the Red Cross are backing a blockchain-based currency scheme to enhance aid delivery and boost local economies. Three national units of the Red Cross — the largest humanitarian donor after the United Nations — are backing a blockchain-based currency scheme to enhance aid delivery and boost local economies. According to a…
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BitTorrent Creator Calls Vitalik’s ASIC-Resistant Proof-of-Work ‘A Pipe Dream And a Bad Idea’

Author of peer-to-peer BitTorrent protocol Bram Cohen says ASIC-resistant proof-of-work is both “a pipe dream and a bad idea.” Bran Cohen, best known as author of the peer-to-peer (P2P) BitTorrent protocol, has responded to some of Vitalik Buterin’s opinions about the state of technology around cryptocurrencies. On Nov. 25, Cohen, also the current CEO of…
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