Binance CEO says CZ is banned from managing or operating the exchange
A plea deal filed in November 2023 asked prosecutors to consider that Changpeng Zhao was prohibited from “any present or future involvement in operating or managing” Binance.
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Capturing lost intellectual property revenues with blockchain
The transition to a more digitalized society based on an information economy has created intense pressure for companies to rethink their intellectual property (IP) management. Intangible assets can represent more than 80% of the value in a firm’s balance sheet, and intellectual property in the United States is now worth over $6 trillion in gross…

PayPal reportedly confirms plans to explore the launch of a stablecoin
The development of an in-house stablecoin was first discovered in the source code of Paypal’s iPhone app by developer Steve Moser. 707 Total views 23 Total shares American fintech giant PayPal Holdings has reportedly confirmed its intent to launch its own stablecoin named PayPal Coin. The development of an in-house stablecoin was first discovered in…

Verizon Boosts Security Portfolio With Blockchain Technology
Verizon Business has announced the inclusion of new security services, including two new administration and identity access systems using blockchain-based technology.These are Verizon Identity (VID) and Verizon Machine State Integrity, which are modeled within a Blockchain environment, according to the US technology firm on March 5th. In the case of VID, identity information is encrypted and…

Block job postings reveal Jack Dorsey’s Bitcoin plans
Holding true to their promises made last year, Block (formerly Square) plans to develop open-source Bitcoin mining systems and hardware wallets in 2022. 686 Total views 21 Total shares In two recent job postings on LinkedIn, Jack Dorsey’s Block (formerly Square) revealed the group’s plans to develop “the next generation of mining ASIC,” and make…

Diamonds Are Blockchain’s Best Friend: How DLT Helps Tracking Gems and Prevents Fraud
Last week, Russia’s Ministry of Education and Science introduced a blockchain-enabled platform for tracking diamonds.Indeed, blockchain has been bringing transparency into the diamond industry — a complex ecosystem where corruption and irresponsible mining appear to be largely present.Self-regulation in the diamond industry — and how Everledger’s arrival pivoted it from a dead endThe history of…

Ether tests $1,200 but bears better positioned for $1.13B options expiry on Nov. 25
No matter if one analyzes Ether's (ETH) longer-term or weekly time frame, there is little hope for bulls. Besides the negative 69% year-to-date performance, a descending channel has been pressuring the ETH price while offering resistance at $1,200.Ether/USD 4-hour price index. Source: TradingViewRegulatory uncertainty continues to weigh down the sector. For example, Starling, a digital…

FTX claims portal becomes unavailable shortly after going live
Users affected by the bankruptcy of FTX or certain subsidiaries have the option of filing a proof of claim through Kroll’s online customer form and via U.S. mail. Bankrupt cryptocurrency exchange FTX launched a customer claims portal which stayed live for roughly an hour before going offline for unknown reasons.Many social media users reported the…

Crypto-friendly trading platform eToro to go public via $10B SPAC merger
Social trading platform eToro could become the next fintech player to pursue a public listing in the United States by merging with a blank check firm. 2624 Total views 10 Total shares Crypto-friendly trading platform eToro appears to be making firm moves toward achieving its goal of going public in the United States.According to a…