Mastercard, the American multinational financial services giant intends to patent a blockchain anonymity solution. Their patent application is currently under the review of the United States Patent and Trademark Office (USPTO). The patent application addresses an interesting area in the…
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Polkadot Workers Shocked: As an Unexpected Retreat Amid Mass Layoffs
In a surprising turn of events, Polkadot workers found themselves in a precarious situation just a week before Parity Technologies’ annual retreat on the beautiful Mediterranean island of Mallorca. The bombshell? The company had decided to lay off a significant…
The SEC’s troubled relationship with Coinbase demonstrates fear of the $1 trillion crypto market
The SEC’s paradoxical ties with Coinbase indicate its fears around a crypto market now valued at more than $1 trillion. This cryptocurrency landscape is evolving rapidly, and its complex relationship with government agencies, particularly the U.S. government, warrants a closer…
Global Crypto Wealth Study Reveals 6 Bitcoin Billionaires and 88,000 Crypto Millionaires
Even though the crypto market isn’t doing well right now, some folks handle it like pros. According to a recent report from Henley & Partners, there are currently six Bitcoin billionaires worldwide. Also, 22 billionaires have their crypto wealth spread…
Only 8% of people are familiar with Web3 – what has happened?
The year 2021 was quite a roller coaster. Restrictions, stimulation checks, and general social withdrawal made this a noteworthy year. The crypto industry also rode a wave of excitement in the following year. Dogecoin’s remarkable rise to a price of…
Gavin Woods’s perspective on Polkadot and the state of digital currencies
Born in April of 1980, Gavin Woods is a renowned British computer scientist famous for his contributions in the development of the blockchain ecosystem. He is the co-founder as well as the former Chief Technical Officer of Ethereum having managed…
Abu Dhabi port uses Blockchain solutions for international trade and logistics
During 2018, Abu Dhabi Port subsidiary Maqta Gateway launched its own Blockchain solution for imports, exports and other logistical commercial purposes within the port. The project which is dubbed ‘silsal-‘ Arabic synonym for chain will enable seamless and efficient processing…
Barclays seeks to patent blockchain stablecoin and KYC solutions
Barclays, the largest bank in the UK, intends to patent a set of blockchain stablecoin and KYC solutions. They had filed three patent applications in July 2016, however, the United States Patent and Trademark Office (USPTO) has only recently published…
Norwegian’s bank DNB adopts IOTA’s Distributed Lager Technology (DLT) for business exploration
Norway’s largest financial institution- Den Norske Bank (DNB) sign a memorandum of understanding with IOTA Foundation which will enable the two work together to utilise IOTA’s tangle for business exploration. IOTA is a unique version of cryptocurrency which is designed…
Crypto Executive Do Kwon Charged by SEC of Misappropriating Funds to Buy 10,000 Bitcoin
Do Kwon, a South Korean blockchain entrepreneur and co-founder of the Terra blockchain platform, has been accused by the U.S. Securities and Exchange Commission (SEC) of conducting an illegal securities offering and misappropriating funds. Dodgy ICO and Stolen Investor Funds…