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Tag Archives: Blockchain Technology

“Meta” Blockchain Exec David Marcus Announces Exit

David Marcus – head of the blockchain department at Facebook, now known as Meta – has stated he will be exiting his position and leaving the social media giant at the end of 2021. David Marcus Is Taking a Different Path Marcus is a former PayPal executive that joined forces with Facebook to release a new cryptocurrency that people could use to pay for goods and services. Known as Libra, the currency would be tied to a wallet system called Calibra, which would store...

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Michael Saxon Is Growing Treliant’s New Blockchain Division

Multi-industry consulting firm Treliant has brought Michael Saxon onboard as its new senior director. Saxon will work to grow the company’s blockchain and cryptocurrency advisory services for the company’s expanding list of clients. Saxon Is the Man for the Job Saxon has worked as a consultant for the past several years in the blockchain space. Not only has he advised many up-and-coming firms, but he has also led several new projects that have pushed the digital currency...

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Sino-Global Experiences Management Shifts So It Can Focus on Crypto

Sino-Global Shipping America, Ltd. Is looking to expand its growth in the cryptocurrency market. To do this, the company is experiencing some solid changes in management. Sino-Global Is Shifting Towards Crypto For example, Sino-Global chairman and chief executive officer Lei Cao has stepped down from his latter role with the company. Having been with the company for roughly 20 years, he will remain chairman of Sino-Global, but will not serve in an executive capacity. The...

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Jay Clayton: The SEC “Cares” About Securities. That’s Why It’s Involved in Crypto.

As the former Securities and Exchange Commission (SEC) chairman, Jay Clayton oversaw the financial agency for approximately four years. He came down hard on the industry many times, and initiated penalties to companies that claimed their securities were mere “tokens” or “coins” that the SEC held no jurisdiction over. Jay Clayton On the Future of Crypto However, despite this hardcore attitude, Clayton is quite positive about the future of crypto. He thinks that blockchain...

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The Poly Network Has Gotten All Its Money Back

The strange and crazy circumstances surrounding the recent hacking of the Poly Network have reached an odd, yet definitive conclusion. The Poly Network Is Rich Again! Not long ago, the Poly Network – which hosts several blockchains including those of Ethereum, Binance and of course, Poly – stated that it was the victim of a hack that saw more than $610 million in digital funds practically vanish overnight. The company halted all withdrawals and deposits and said in a...

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Poly Network Offers Its Recent Hacker a Job with the Company

Not long ago, Live Bitcoin News reported a story that the Poly Network had been hacked. The organization lost more than $610 million in digital funds at the hands of a hacker who claimed in a future Q&A session that he was only doing it “for fun.” The Poly Network May Employ Its Hacker In a strange twist, the hacker ultimately returned more than half of the stolen money, saying that he was never about the riches but rather that he was interested in taking advantage...

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Poly Network Hacked, Loses $610 Million in Crypto Funds Only to Get Half of It Back

The Poly Network – which hosts several blockchains such as Binance, Ethereum and Polygon – has been hacked, resulting in more than $610 million worth of cryptocurrency being stolen. This is the largest decentralized network attack in the history of the cryptocurrency space. The Poly Network Is the Latest Crypto Hack Victim In a recent Q&A session regarding the event, a participant spoke out and claimed to be the person behind the attack. In the session, the...

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Blockchain Firm Chainalysis Just Got Its Hands On a Ton of New Money

Blockchain analysis firm Chainalysis has closed a new funding round that garnered the company an additional $100 million from various investors. The enterprise is now valued at a whopping $2 billion, which is double what the company was valued at just a few months ago. Chainalysis Closes Its $100 Million Funding Round The funding round was headed by Paradigm, a crypto-centered venture capital firm. Money also came from the likes of Salesforce CEO Mark Benioff, who saw...

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Daniel Gouldman: Everyone Focuses So Much on BTC They Forget About Blockchain

Everyone has been making a huge deal out of bitcoin these past several months. The world’s number one digital currency by market cap has surged in price, reaching a new all-time high just a few weeks ago of $61,000 per unit. However, according to Daniel Gouldman – CEO and co-founder of blockchain firm Ternio – people have the wrong idea, and by focusing too much on bitcoin, they are focusing on just one aspect of what is arguably a much larger arena. Gouldman: Blockchain...

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Christie’s Auction House Says “Yes” to ETH Payments for Art Pieces

Who would have ever thought that the world of blockchain technology and the world of art would ever collide? The past few years have shown that digital artists can, indeed, make a nice living with blockchain’s help, and now Christie’s Auction House is looking to get in on the action.Christie’s Auction House Views ETH with PositivityThe company has recently stated that all art pieces put up for sale or auction in the future can be paid for with Ethereum, the second-largest cryptocurrency by...

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