Blockchain

[PRESS RELEASE – New Delhi, India, September 10th, 2023] The Constitution Club of India, New Delhi, was abuzz with innovation and insights on September 1, 2023, as industry leaders convened for the transformative conference on blockchain’s potential in revolutionizing public utilities, especially within the telecoms sector. The event, which precedes the G20 summit in India, was a significant platform for exploring blockchain’s transformative potential across various...

Ethereum, die weltweit zweitgrößte Kryptowährung nach Marktkapitalisierung, ist nicht nur eine Plattform für die Erstellung von dezentralen Anwendungen (DApps), sondern auch ein Ökosystem für die Entwicklung von Token. Diese Tokens werden nach bestimmten Standards erstellt, um Interoperabilität, Sicherheit und die reibungslose Integration in das Ethereum-Netzwerk sicherzustellen. Einer der wichtigsten Faktoren für den Erfolg von Ethereum ist die Vielfalt der ERC-Standards (Ethereum Request...

Vitalik Buterin, the co-founder of the second-largest blockchain, Ethereum, had his X account hacked to portray a phishing site that reportedly drained over $800,000. The fraudulent post has been deleted since, and the account has been restored. The blockchain security resource PeckShield was among the first to alert about the ongoing hack later last night, showcasing the suspicious post coming from Buterin’s account. It read that Consensys has decided to distribute...

Although Ripple scored a partial court victory against the SEC earlier this summer, the battle is far from over, as the agency has formally requested the right to appeal against the decision. The US securities regulator’s response comes after the deadline for Ripple to present its opposition passed on September 1. Recall arguably the most significant development in the crypto industry in July, when US Judge Analisa Torres ruled in favor of the blockchain company that most of...

XRP and Bitcoin Spark (BTCS) have gained significant attention within the crypto community for their unique features. Let’s delve into their technological differences and see how each of them is contributing to the growth of cryptocurrency. What is XRP? XRP is a cryptocurrency created by Ripple, whose main focus is improving international money transfers for financial institutions by enabling them to settle transactions quickly, efficiently, and at low costs. XRP is used...

LBRY plans to challenge a New Hampshire federal judge’s ruling that sided with the Securities and Exchange Commission (SEC) that declared the platform’s token sales as unregistered securities. The appeal comes after blockchain firm Ripple scored a partial victory in its fight with the country’s federal regulator. Prominent asset manager Grayscale’s most recent win is also one of the high-profile crypto industry victories that have given other platforms targeted by the SEC a...

American financial services giant JP Morgan is exploring a new type of token that will speed up its cross-border payments and settlements. People familiar with the matter told Bloomberg that the multinational financial services firm has developed most of the underlying infrastructure needed to launch a deposit token. However, the firm is waiting for approval from U.S. regulators. JP Morgan to Launch Deposit Token A deposit token is a digital coin that serves as a deposit...

Cosmos – a blockchain network that developed the notion of the “app chain” (a blockchain dedicated to a specific application) – used to be one of the biggest and most well-known crypto networks around, but it’s fallen hard from grace following the crypto meltdown of 2022. Cosmos isn’t Doing so Hot Cosmos was largely tied to Terra USD, the algorithmic stable currency that fell apart completely in the summer of last year It appears the network has had a very...

Ripple – the company behind one of the leading cryptocurrencies, XRP – has announced that it will acquire Fortress Trust. According to a recent announcement, Ripple has agreed to acquire Fortress Trust. Fortress Trust is a well-known financial institution that’s focused on cryptocurrencies. Mainly, it provides Web3 financial, technology, and regulatory infrastructure to blockchain-oriented companies. The sum of the acquisition remains undisclosed. Speaking on the matter was...

The US Federal Bureau of Investigations (FBI) claimed that the notorious North Korea-sponsored hacking syndicate Lazarus Group is responsible for the recent attack on the cryptocurrency sports betting and casino platform Stake. The hack resulted in the loss of over $41 million worth of crypto assets from the gambling firm. Lazarus Group Behind Stake Hack In a press release issued on Sept. 6, 2023, the FBI said it carried out investigations into the Stake hack, which revealed...