DeFi protocol WDZD Swap exploited for $1.1M: CertiK
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Major Malaysian financial firm to invest in regulated crypto exchange
Malaysian financial services firm Kenanga Investment Bank Berhad is getting into digital assets. 990 Total views 11 Total shares Kenanga Investment Bank Berhad, one of the largest financial services companies in Malaysia, is moving into the cryptocurrency industry with a new investment.According to an official Feb. 8 announcement, Kenanga has entered into a conditional agreement…
Fidelity plans NFT marketplace and financial services in the Metaverse
$4.2 trillion asset management firm Fidelity Investments has filed trademark applications in the United States for a host of Web3 products and services, including a non-fungible token (NFT) marketplace and financial investment and crypto trading services in the metaverse.This is according to three trademark filings submitted to the United States Patent Trademark Office (USPTO) on…
NBA merch designer turned to blockchain to help end world hunger
“We need to relate and provide products to future generations to continue to tackle the global hunger crisis but at the same time make the products engaging and interactive,” says Shawn Kurz. 256 Total views 17 Total shares When he’s not designing merch for the NBA or supplying coffee for big retailers, Shawn Kurz is…
Survey: Almost one in five adult Australians own crypto in 2020
Australia’s overall crypto perception improved in 2020 but adoption among women is still lacking. 1256 Total views 5 Total shares A recently published survey by the cryptocurrency exchange platform Independent Reserve shows nearly 20% of young adults in Australia own virtual currencies in 2020.According to the 2020 edition of the Independent Reserve Cryptocurrency Index (IRCI),…
Doctors Without Borders is now using blockchain tech for medical record storage
Blockchain documentation service Transcrypts announced a partnership with the humanitarian organization on Thursday. 500 Total views 30 Total shares At a November 11 press conference, blockchain- based document security company Transcrypts announced a partnership with Doctors Without Borders, or DWB, that began on October 14th. Working together, they have already uploaded 6500 immunization records to…
AI-generative art predicted to be next trend for NFT sector
Sales of nonfungible tokens, or NFTs, reached $25 billion in 2021, demonstrating that the sector is one of the most sought-after markets in crypto. Art NFTs, in particular, made a big impact last year with Christie’s reporting over $93 million in nonfungible token sales during its fourth annual Art+Tech Summit that took place this past August. While…
US Senator Finds Negative Reactions to Facebook’s Libra ‘Puzzling’
United States Senator Mike Rounds expresses his support for Facebook’s Libra coin in a letter sent to Libra Association member Anchorage Trust company.United States payment systems in its infancyOn Oct. 17, U.S. Senator Mike Rounds wrote to Nathan McCauley, president of crypto custodian company Anchorage Trust, where he expressed his concerns that other parts of…
Libra Association Holds Inaugural Meeting, Forms Board
The Libra Association, the governing body of Facebook’s proposed stablecoin, held its inaugural meeting today in Geneva, Switzerland. According to a report from Reuters on Oct. 14, the consortium reaffirmed their interest in creating a payments-oriented stablecoin that would be balanced by a basked of various, purportedly stable fiat currencies. Libra Association sets rules for governanceIn addition…