TradFi will keep its distance until DeFi becomes a manageable risk
Traditional finance remains cautious of decentralized finance, but there are opportunities for collaboration.
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Centralized exchanges’ Kodak moment — time to adopt a new model or stay behind
Opinion by: Ido Ben Natan, co-founder and CEO of Blockaid Centralized exchanges (CEXs) have controlled what people can trade for years. If a token wasn’t listed on major exchanges, it didn’t exist for most users. That system worked when crypto was small. But today? It’s completely broken. The rise of Solana-based memecoins, the popularization of

Top Chinese chemical firm uses blockchain to cut trade financing costs
Amid the pandemic, blockchain is alleviating the pressure in China’s petrochemical trade. 1449 Total views 4 Total shares One of China’s largest chemical producers has launched a new Blockchain Warehouse Receipt Platform to help the industry combat the rising costs of operations and trade financing.An increased demand for more environmental and safety measures amid the…

Australian Securities Exchange Switch to Blockchain Delayed to 2022
After stakeholders raised concerns about the Australian Securities Exchange’s blockchain infrastructure plan, it has been postponed until 2022. 207 Total views 2 Total shares The Australian Securities Exchange (ASX) has further delayed its switch to blockchain after public lobbying from key stakeholders.According to a June 30 update from the ASX, the exchange has officially delayed…

Bitcoin Fares Well Against Fiat Currencies, but It’s in a Class of Its Own
Gone are the days of dusty ledgers and checkbooks. Over the last decade or so, the word “money” has taken on a completely new meaning for a lot of people all over the world. This is partly due to the masses being utterly frustrated with the way many big banks handle their business transactions.In fact,…

OpenAI dodges copyright lawsuit over use of news articles in AI training
A New York federal judge dismissed a copyright lawsuit against OpenAI over its use of news articles for training ChatGPT, but plaintiffs hint at a potential revised filing.

Nifty News: 3 Bored Apes gone phishing, fantasy.top fees beat Tron and more
One unlucky BAYC holder just lost $167K in Bored Ape NFTs, Ronaldo’s still on the hook for Binance NFTs, and a fantasy influencer NFT game has topped Tron in fees.

Austin mayor embraces Web3 tech and crypto payments
The second fastest-growing city in Texas will begin exploring policy capabilities to accept Bitcoin as a payment option and integrate other Web3 applications to improve resident's lives. 112 Total views 6 Total shares Mayor Steve Adler of Austin, Texas, has fully embraced the discovery of what blockchain technology and crypto payments can bring to his…

Could LEGO be hopping on the NFT train?
A mysterious, since-deleted tweet from the toymaker has piqued the interest of NFT collectors. 1056 Total views 7 Total shares The LEGO Group, a toy manufacturer best known for its popular interlocking plastic bricks, hinted it may be getting into the latest craze in the crypto space.On Wednesday, the official LEGO Twitter account posted (and…