The DFINITY Foundation (DFINITY), a not-for-profit research and development organization and major contributor to the Internet Computer Blockchain (ICP), today announced a joint initiative with SingularityNET, the world’s leading decentralized AI (DeAI) marketplace running on the blockchain. The two organizations will collaborate to advance DeAI infrastructure and bring AI-based services to all decentralized applications (dApps) building on the ICP. Continue reading
Elliptic, the global leader in blockchain analytics solutions, today released its 2023 edition of the landmark report, ‘The State of Cross-chain Crime’. The report reveals that $7 billion of illicit or high risk funds has been laundered through cross-chain and cross-asset services, with North Korean hackers, the Lazarus Group, responsible for $900 million of cross-chain crime. Continue reading
Bitget, top cryptocurrency exchange and copy trading platform, has released a study that sheds light on the financial aspirations and investment behaviors of crypto enthusiasts across the globe. The research, conducted from May 2023 to August 2023, engaged over 1,500 participants from 20 countries, including Canada, Europe, Australia, Japan, and Turkey. Continue reading
The US Securities and Exchange Commission (SEC) sued the cryptocurrency platform Coinbase shortly after launching a lawsuit against the world’s largest cryptocurrency exchange, Binance.
This isn’t the first time Binance and Coinbase have caught the SEC’s attention – it’s not even the first time this year. But the latest charges are much more serious, including accusations that the exchanges are operating without the correct registration.
Vechain has officially launched VORJ, a no-code ‘Web3-as-a-Service’ platform designed to revolutionise the blockchain development experience. Launching free-to-use, VORJ offers a simple ‘click-configure-deploy’ interface that drastically expedites the building process for developers and businesses, with users able to deploy tokens, NFTs and smart contracts without fees, irrespective of technical expertise. Continue reading
Sports Metaverse company LootMogul is partnering with a leading sports marketing and commercial rights agency Six Sport, to support its strategic growth plans and expedite the adoption of blockchain gaming for sports organizations and athletes, delivering truly immersive sports fan experiences. Continue reading
- FTX’s bankruptcy hurts small investors across the world
- Young African crypto backers fret about damage to sector
- Regulators repeat warnings about risks of crypto dealing
LAGOS/BANGKOK – Days before his FTX cryptocurrency exchange collapsed, co-founder Sam Bankman-Fried tweeted “Hello, West Africa!” – his latest nod to a region where a growing number of kitchen table investors had put their faith, and savings, in FTX.
- Young South Africans see crypto as way to quick wealth
- Poverty, high unemployment pushes them to crypto
- Users not fully aware of risks, vulnerable to scams
By Kimberly Mutandiro
JOHANNESBURG, Sept 26 (Thomson Reuters Foundation) – John first heard of cryptocurrency three years ago, when the teenager came across slick YouTube videos and Facebook posts of other South Africans claiming to have become wealthy overnight with bitcoin.
- No. 2 cryptocurrency to adopt energy-saving protocol
- ‘The merge’ could cut ethereum’s power use by 99%
- Move seen piling climate pressure on bitcoin
By Avi Asher-Schapiro
LOS ANGELES, Sept 12 (Thomson Reuters Foundation) – Ethereum, the blockchain underpinning the world’s second-largest crypto token ether, is poised for a software upgrade that will slash the amount of energy it uses – a step that could pile pressure on bitcoin to take similar climate-friendly action. Continue reading