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.
Alameda Research co-CEO Sam Trabucco Resigns
Sam Trabucco, co-CEO of Alameda Research, an encrypted digital asset fund, announced on Twitter that he would resign from his leadership position to focus on other personal matters.
Bitcoin Miner Argo Updates Computing Power to 3.2 EH/s at the end of 2022
U.K.-based publicly traded cryptocurrency miner Argo Blockchain said on Wednesday it plans to update its year-end computing power from 5.5 EH/s to 3.2 EH/s by the end of 2022, a drop of 41.8%.
Haun Ventures' Funding Round Helps Thirdweb's Valuation Reach $160M
Thirdweb has reached a $160 million valuation following a successful $24 million funding round led by Haun Ventures.
Spirit Blockchain Capital to List on CSE in September
Blockchain and digital assets company Spirit Blockchain Capital Inc. (Spirit) announced that it has received listing approval from the Canadian Securities Exchange.
Blockdaemon Empowers Web3 Developers and Institutions to Run Their Own Collator Nodes on Astar Network
Astar Network, the innovation hub on Polkadot, is thrilled to announce that it has integrated Blockdaemon, the world’s largest institutional-grade blockchain infrastructure company for node management and staking, as a collator. The partnership will enable Blockdaemon’s institutional and individual users to start their own collator nodes with Astar Network.
China Guangzhou Public Transport Launches Digital RMB Payment Function
China's Guangzhou became the first city to launch a pilot function of a digital RMB payment code to pay for bus rides.
Web3 Security Infrastructure GoPlus Security Reaches Strategic Deal with Dtools
Web3 security startup GoPlus Security has partnered with Web3 ALL-IN-ONE tool Dtools to provide comprehensive security data support for its newly launched token security detection function.
Argentine Crypto Exchange Ripio Launches Crypto Prepaid Debit Card in Brazil
Latin American cryptocurrency company Ripio partnered with Visa on August 24, to launch a cryptocurrency prepaid debit card in Brazil that supports payments with cryptocurrencies.
Blockchain.com Signs Dallas Cowboys quarterback Dak Prescott as Brand Ambassador
Cryptocurrency exchange Blockchain.com has announced that it has entered into a multi-year partnership with Dallas Cowboys quarterback Dak Prescott of the National Football League.
Coinbase COO Choi Joins Okta's Board of Directors
Prior to joining Coinbase in 2018, Emilie Choi had spent more than 8 years working for LinkedIn - initially as a VP of business and data, after which she took on the role of COO in 2018.