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Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months
17.1.2023
Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a...
Cardano ecosystem set to expand with custom-built sidechains
13.1.2023
The toolkit will allow for creators of sidechains to choose their own consensus mechanism and other application-specific features, whilst inheriting the security of the main chain
Germany’s Financial Watchdog Warns of ‘Godfather’ Malware Attacks on Crypto Apps
12.1.2023
The agency overseeing the financial sector in Germany has issued a warning about the ‘Godfather’ malware attacking banking and crypto applications. Hundreds of these platforms have been targeted, the regulator noted, including those operating in the Bundesrepublik. Financial Authorities Advise...
Financial Giant Fidelity Files Trademarks for Crypto, NFT, and Metaverse Products
31.12.2022
Fidelity Investments, a major financial services firm with $10 trillion in assets under administration, has filed several trademark applications for a wide range of cryptocurrency, non-fungible token (NFT), and metaverse products and services. Fidelity’s Crypto and Metaverse Trademark...
Today in Crypto: Fidelity Files Metaverse Trademark Applications, Defrost Finance to Refund Users Post-Hack, Argo Blockchain Suspends Nasdaq Trading
27.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Fidelity Files Metaverse Trademark Applications, Defrost Finance to Refund Users Post-Hack, Argo...
Banking Giant HSBC Files Trademarks for a Wide Range of Digital Currency and Metaverse Products
27.12.2022
Banking giant HSBC has filed trademark applications with the United States Patent and Trademark Office (USPTO) for a wide range of digital currency products and services, including those related to the metaverse and non-fungible tokens (NFTs). HSBC’s Trademark Applications for Crypto-Related...
Web3 Applications Will Increasingly Be Built on Custom Blockchains, Says Ankr’s Head of Product
16.12.2022
As blockchain developers compete for traffic and resources for their respective dapps (decentralized applications), the downside to this, according to some in the industry, can be a poor user experience which in turn undermines the mass adoption cause. Therefore, unless current blockchains —...
Relying on Centralized Databases Makes Dapps Vulnerable to Data Tampering Says Nate Holiday
15.12.2022
Decentralized applications (dapps) are prone to data tampering because they “are largely built on top of centralized databases and services,” the CEO of Space and Time Nate Holiday has said. The CEO also shared a list of data tampering risks which he said are specific to data...
Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO
15.12.2022
The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC
Bank of England opens applications for 'proof of concept' CBDC wallet
12.12.2022
The bank requires the wallet to execute basic features such as transacting value and requesting payments and set its budget at nearly $255,000
National Bank of Ukraine Unveils E-hryvnia Concept
1.12.2022
The central bank of Ukraine has presented to interested parties a draft concept of the nation’s future digital currency, the e-hryvnia. The regulator is currently considering several potential applications for its digital coin, including retail payments and cross-border settlements. Ukraine’s...
The Home Depot to enter Web3; files 24 trademark applications
28.11.2022
The Home Depot, an American multinational home improvement retailer, has stepped into the emerging Web3 space. According to the tweet made by Mike Kondoudis, The Home Depot has filed 24 applications covering its logo, name, and trademarks to incorporate into the massive Metaverse and...
How are ‘lite’ versions of crypto apps helping adoption?
16.11.2022
Crypto exchanges use technology and basic design principles to attract a new wave of users into the crypto ecosystem
Bitcoin․com Wallet Integrates Polygon (MATIC) Unlocking Secure Low-Cost Access to Thousands of Decentralized Applications
8.11.2022
Bitcoin.com continues to improve access to high-throughput, low-fee decentralized networks for millions of people by integrating the Polygon network. Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital...
VICUNA Platform, Smell in Metaverse-VINAVerse
2.11.2022
VICUNA is designed to develop cutting-edge technology and applications that push users beyond the limits of immersive experiences. VICUNA team believes in building products that improve customers’ lives and advance the state of VR as an industry with a strong focus on innovation...
Visa Files Trademark Applications Covering a Range of Cryptocurrency Products, Including Crypto Wallet
29.10.2022
Payments giant Visa has filed two trademark applications covering a wide range of cryptocurrency products and services, including its own crypto wallet. The filings also mention crypto transaction management and non-fungible tokens (NFTs). Visa’s New Trademark Applications Visa has filed...
Visa Files Trademark Applications for Crypto Wallets, NFTs and the Metaverse
28.10.2022
The move follows that of other large corporations and payment companies including American Express
Visa's trademark applications suggest more involvement in crypto space
27.10.2022
The company's trademark owner applied for its name to be used in software “to view, access, store, monitor, manage, trade, send, receive, transmit, and exchange” crypto and NFTs
Microsoft Working to Bridge Its Services With the Metaverse
26.10.2022
Microsoft, the software and computing behemoth, is seeking to adapt part of its software service stack to the metaverse. Ihsan Anabtawi, CMO of Microsoft UAE, declared that the company was working to make its cloud division compatible with metaverse experiences, and to allow companies to use...
Apple Unveils Stricter App Store Rules for Crypto and NFTs — Critic Says Firm Wants to Keep Money in Its Ecosystem
26.10.2022
According to Apple’s latest guidelines for developers seeking to have their apps included in the App Store, crypto exchange applications should only facilitate the transfer of crypto funds to approved exchanges. Where payments are needed to unlock features or functionality, Apple says apps...