Creeping doubts over US gold reserves make case for tokenized commodities
America’s Fort Knox, Kentucky gold reserves haven’t been audited in more than 50 years.
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Dell-owned VMware launches enterprise-focused blockchain
VMware, a Dell subsidiary that brought in $10B in revenue last year, has launched its enterprise-focused blockchain platform. Major cloud computing and virtual machine firm VMware has launched VMware Blockchain, an enterprise-ready blockchain platform.The billion-dollar company, owned by Dell, first teased the blockchain’s development in 2018, through its Project Concord, promising an enterprise-grade platform that…

UK Regulator Considers Cryptocurrency Derivatives Ban Due to Market ‘Integrity Issues’
The U.K.’s finance regulator, the Financial Conduct Authority (FCA), may ban cryptocurrency derivatives such as futures as part of its “most comprehensive response” to the industry, financial trading news outlet Finance Magnates reported Nov. 20.In a speech at a London conference Tuesday, FCA executive director of strategy and competition Christopher Woolard said the organization would…

Sam Bankman-Fried trial: former Alameda CEO Caroline Ellison to testify
Sam Bankman-Fried’s former love interest and CEO of Alameda Research, Caroline Ellison, is expected to testify in court, potentially revealing detailed information on the fraudulent use of customer funds. 457 Total views 2 Total shares The second week of the criminal trial for former FTX exchange CEO Sam “SBF” Bankman-Fried continues on Oct. 10, with

Tencent receives patent for blockchain-based missing persons poster
The simple patent idea took three years to be granted regulatory clearance. 87 Total views 3 Total shares According to local news outlet 36kr.com, Chinese technology conglomerate Tencent recently received a novel patent for a blockchain-based missing persons poster. The patent took nearly three years to be awarded from the date of its first submission…

Binance Futures Bucks ‘Dismal’ Volume Trend — Trades a Record $700M
Binance’s Bitcoin futures product is the only winner in a lackluster market this week as trading volume hits local lows. Research highlights “very low” activityAnalysis of various platforms’ trading volumes by exchange eToro’s senior market strategist Mati Greenspan on Oct. 15 revealed cryptocurrency markets had all but bottomed out in terms of activity.From a peak of…

Facial Recognition Could Help to Stamp Out Bitcoin Social Media Scams
Coincurve’s Rod Hsu says facial recognition can stamp out social media Bitcoin scams. 899 Total views 19 Total shares Facial recognition can help prevent future Bitcoin (BTC) scams like those that hit Twitter and YouTube, said Rod Hsu, president and co-founder of virtual currency platform Coincurve. During an interview with Cointelegraph, Hsu said Bitcoin is an…

Telegram Founder Bashes US as a ‘Police State’ Amid Free TON Launch
Telegram founder says that the U.S. is no longer an attractive place for tech entrepreneurs. In a May 7 post, Telegram founder, Pavel Durov, calls the U.S. a “police state” and discourages entrepreneurs from moving their businesses to Silicon Valley.Perhaps exhausted by the legal battles around Telegram’s beleaguered token offering, Durov, berates the U.S. in…

Web3 game project allegedly hired actors to pose as executives in $1.6M exit scam
On Oct. 10, the development team for gaming project FinSoul carried out an alleged exit scam, siphoning away $1.6 million from investors through market manipulation, according to a recent report from blockchain security platform CertiK shared with Cointelegraph. The FinSoul team allegedly hired paid actors to pretend to be its executives, then raised funds for the