BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
Crypto Intermediaries Must Register with the SEC in Some Capacity: Gensler
US Securities and Exchange Commission (SEC) Chairman Gary Gensler said crypto intermediaries should be registered under the SEC.
Tesla Launches Cyberwhistle by Accepting Dogecoin for Payment
American electric vehicle manufacturer Tesla has launched a new product called Cyberwhistle by accepting Dogecoin for payment.
MicroStrategy Plans to Increase BTC Holding by Selling Class A Shares Worth $500m
MicroStrategy Inc is planning to increase its bitcoin holdings through the net proceeds of its sale of up to $500 million worth of its class A shares.
The Merge is Complete: Ethereum
The upgrade - known as the Merge - has shifted Ethereum into a more environmentally sustainable framework by reducing Ethereum’s energy consumption.
Neutral Third Party to Examine Celsius' Finances
A neutral third party is set to examine the finances of Celsius Network which earlier this year filed for Chapter 11 bankruptcy.
SWIFT Payment System Embraces Blockchain Technology
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is making a targeted move to integrate blockchain technology in a bid to drive efficiency in some of its international financial operations.
Coinbase Launches New App, Providing Crypto Policy Advocacy Information for Midterm Election
Brian Armstrong, the founder of Coinbase Brian Armstrong, said he plans to add encryption policy content to Coinbase trading app for the upcoming US midterm elections.
Seoul Court Issues Arrest Warrant for Do Kwon and 5 Others
Do Kwon and five others have allegedly violated the nation's capital markets law and have been issued a warrant from the court in Seoul. LUNA and LUNC both collapsed after the arrest warrant was issued.
Canadian PM Justin Trudeau Denounces Cryptos as Escape from Inflation
The current Prime Minister of Canada, Justin Trudeau, said that investing in cryptocurrencies to avoid inflation is an act of irresponsible leadership.
Fetch.ai Enhances Web3 Adoption after Onboarding 40,000 New Users
Fetch.ai’s push to a Web3-driven digital economy gained steam after onboarding 40,000 unique and active users from Get My Slice (GMS), a leading consumer-centered data marketplace.