Blockchain

It is expected that Dwpbank’s move will put pressure on other German banks and financial institutions in the country. Deutsche WertpapierService Bank (Dwpbank), has launched a new platform called wpNex. The securities processing giant announced the launch via a recent press release on the new platform. According to the release, wpNex by Dwpbank will accommodate its over 1,200 affiliated banks and will allow them to offer Bitcoin (BTC) trading to their customers in the second half of this...

Doch diese doch sehr neue Verantwortung sollte auch zum Nachdenken bewegen, letztendlich birgt dies eine Welt vieler Gefahren. Was das Sichern einer Krypto-Wallet angeht, so ist dies nicht nur eine Option, sondern absolut eine Notwendigkeit. Heutzutage gibt es immer mehr Kriminalität im Internet und digitale Sicherheit ist von mehr als nur entscheidender Bedeutung. Lese dir also diesen Beitrag gut durch, denn er kann womöglich einen großen Unterschied bezüglich Ihrer persönlichen Finanzen...

Animoca Brands has established itself as one of the most prominent investors in NFT, blockchain gaming, and metaverse-focused firms. But its appetite for metaverse appears to have taken a hit. In the latest development, the Hong Kong-based blockchain gaming giant has reportedly reduced the target for its metaverse fund by 20%. The report suggests that the company is scaling down its initiative in response to the volatility in the crypto sector. The fund Animoca Capital, which...

Scammers adapt better than we can imagine and change depending on the market situation. This revelation was made in a recently hosted webinar by prominent blockchain analytics firm Chainalysis wherein it gauged crime trends in the industry market during the crypto winter. The data gathered by the firm revealed how scammers adapted to the developments and volatility of the crypto market. Not all scams behaved the same way in the context of the bear market. This time around, it...

Yesterday, lawyers from the FTX Group announced their intention to settle out of court with Modulo Capital, a measure that effectively wiped the VC firms’ books by about 99%. Mysten Takes it in Stride Today, in another bid to raise as many funds as possible, FTX outlined intentions to sell its stake in Mysten Labs back to Mysten. Unlike Modulo – a company whose capital seems to have been almost entirely FTX-sourced – Mysten Labs, the creators of the Sui blockchain, is a solid...

With the much-anticipated Shapella upgrade just around the corner, the Ethereum Foundation has increased the bug bounty. According to the latest developers’ call, the reward was updated as part of the last-minute testing efforts. Bug Bounty In the 105th All Core Developers Consensus (ACDC) call, Security Researcher at the Ethereum Foundation – Fredrik Svantes – revealed that the maximum bug bounty for identifying a vulnerability in the Shanghai/Capella upgrade has been...

Arbitrum’s much-anticipated token airdrop shook up the crypto space as on-chain activity of the popular layer-2 solution soared to levels not seen before. With the introduction of the ARB token, Arbitrum finally transformed into a DAO. Meanwhile, the hunters of this cash rain raked in an impressive amount of ARB tokens. In the first hour alone, over 42 million ARB tokens were claimed. New data found two “super airdrop hunters” that received 1.4 million ARB, worth around $1.92...

For LVMH, a task to convince other luxury brands to join the blockchain movement has been a difficult one. Luxury goods company LVMH has suggested that luxury brands are dependent on blockchain technology to improve the lifecycle of their products. According to Franck Le Moal, the Chief Information Officer (CIO) of luxury goods company LVMH, “when you talk about luxury, you are talking about long-term products, repair, and care”. And to achieve this, Le Moal, who is also the vice-chairman...

A recurring pattern of recent employee layoffs among tech giants reveals these companies are hedging against economic uncertainties.  Despite the current economic conditions, a number of tech giants are still likely to embark on company layoffs even though they are turning profits. These layoffs have been ascribed to a slowdown in operational growth and seen as a hedge against economic uncertainties. Across the United States, Europe, and Asia, tech giants such as Microsoft (NASDAQ:...

As part of the agreement, debtors will sell roughly $95 million worth of preferred stock back to Mysten Labs in addition to $1 million in SUI tokens. On Thursday, March 23, debtors of the collapsed crypto exchange FTX filed a motion in the bankruptcy court seeking a $95 million stake in the Delaware-based Web3 firm Mysten Labs. Crypto exchange FTX has been surviving to pay its customers impacted by the collapse of the exchange last year in November 2022. Before it fall, FTX had paid $101...