Cryptocurrency news - Blockchain
Decentralized Storage Alliance seeks to bridge the Web3 gap through education and advocacy
Decentralized storage network Filecoin has partnered with Protocol Labs and other participants within the Web3 ecosystem to launch the Decentralized Storage Alliance. According to the announcement, one of the main goals of the newly formed alliance is to help Web2 enterprises tra...
North Korea’s Lazarus behind years of crypto hacks in Japan
Japan’s national police have pinned North Korean hacking group, Lazarus, as the organization behind several years of crypto-related cyber attacks. In the public advisory statement sent out on Oct. 14, Japan’s National Police Agency (NPA) and Financial S...
SWIFT action: JPMorgan and Visa team on cross-border blockchain payments
Traditional finance and payment giants JPMorgan and Visa are teaming up to streamline the use of their private blockchain solutions Liink and B2B Connect to facilitate cross-border payments. According to an Oct. 11 report from Forbes, JPMorgan’s Liink is a network specifica...
Celsius CEO Alex Mashinsky resigns
According to a new press release published on Tuesday, Alex Mashinsky, CEO of troubled crypto lender Celsius Network, has resigned effective immediately. In explaining the decision, Mashinsky wrote: “I regret that my continued role as CEO has become an increasing d...
South Korean ministry recommends enactment of special Metaverse laws
The Ministry of Science and ICT (MSIT) of South Korea revealed plans to move away from imposing traditional video gaming laws on the Metaverse. Instead, the ministry decided to issue new guidelines for incentivizing the growth of the budding ecosystem. South Korea’...
Filecoin service provider announces move to Singapore in light of tightening restrictions in China
RRMine Global, a Filecoin service provider offering global cloud-computing asset management, announced Wednesday that it has shut down business operations in mainland China and is relocating its headquarters to Singapore. The company said the decision to move countries a...
Ripple's plan to tokenize Colombian land stalls amid new administration
A partnership between the Colombian government and Ripple Labs to put land titles on the blockchain appears to have stalled following the project being "deprioritized" by the new administration. The project was initially announced by the outgoing government’s Minis...
FTX revenue reportedly grew 1000% in one year, leaked documents reveal
FTX was among the many crypto exchanges with a front-row seat to witness the crypto hype of 2021, back when Bitcoin (BTC) and other cryptocurrencies hit their all-time highs. Driven by massive customer onboarding, partnerships, sponsorships and other factors, FTX’s revenue...
Bank of China unveils new e-CNY smart contract test program for school education
According to local news outlet Sohu.com, on Tuesday, the state-owned Bank of China announced a new program to bridge primary school education with smart contracts. In a combined partnership with local education and financial authorities, parents residing in the city of Chengdu, l...
The Merge is Ethereum’s chance to take over Bitcoin, researcher says
Ethereum researcher, Vivek Raman, is convinced that Ethereum’s (ETH) upcoming transition to a proof-of-stake system will enable it to take over Bitcoin’s (BTC) position as the most prominent cryptocurrency. "Ethereum does have, just from an economic perspective and b...