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Genesis Reaches Settlement With Parent Company DCG in $620M Lawsuit
29.11.2023
Source: AdobeStock / Timon The beleaguered crypto lender Genesis and its parent company, Digital Currency Group (DCG), have reached a settlement that could end the protracted lawsuit aimed at recovering $620 million in repayments from DCG. DCG Commits to Settling $324.5M in Loans by April According...
Binance’s New CEO Teng Commits to More Regulatory Collaboration – Is This a New Chapter for Binance?
27.11.2023
Image Source: Binance Following his appointment as the new CEO of the world’s largest crypto asset exchange on November 22, Richard Teng has outlined his vision for the platform going forward. In his first-ever blog post, Teng revealed that the Binance exchange would be focused...
Base Commits to Decentralization, Collective Growth of The Optimism Collective’s L2 Ecosystem
24.8.2023
The US’s largest cryptocurrency exchange and the largest publicly traded crypto company in the world Coinbase just released a blog post emphasizing its commitment to respecting the principles of decentralization relating to its newly launched layer-2 Ethereum scaling protocol Base.
Base,...
Curve Token Climbs After Binance Labs Commits to $5M Investment
10.8.2023
The decentralized exchange, which suffered a $70 million hack last month, will also consider deploying to the BNB Chain
Singapore commits $112M to support fintech solutions like Web3
7.8.2023
Singapore’s central bank recognized the importance of partnering with industry players to support solutions from emerging technologies like Web3
Avalanche Foundation Commits $50M to Bring More Tokenized Assets to Blockchain
25.7.2023
The program follows Avalanche’s initiative to financial institutions to test blockchain services on one of its subnets
Crypto developer commits $2M rug pull fraud to fuel gambling addiction
5.7.2023
A Redditor described the developer’s gambling addiction excuse as a “weird way to rug” as projects usually just run away and delete all the evidence
OpenAI commits $1M to support AI-driven cybersecurity initiatives
3.6.2023
As criminals devise innovative ways to exploit AI for malicious intentions, OpenAI remains committed to equipping “defenders” with the necessary tools
Crypto Exchange Kraken Commits to Tougher Rules Required by Canada
30.3.2023
Kraken has filed a pre-registration undertaking with the Ontario Securities Commission as it works towards becoming a registered Restricted Dealer in Canada
EOS Network Ventures Commits $20M to Build Dapps and Games on EOS Blockchain
20.3.2023
The commitment comes ahead of next month's launch of EOS Ethereum Virtual Machine (EVM)
Circle Commits to Covering USDC Shortfalls – Ensures Redemption at 1:1 with USD
12.3.2023
USDC issuer Circle has pledged to cover any shortfall in the stablecoin's reserves if it does not receive the entirety of the $3.3 billion held at now-collapsed Silicon Valley Bank.
In a Saturday blog post, Circle said that the company is prepared to cover any shortfall in the USDC reserves that...
Tron Blockchain Commits $100M in Grants to Artificial Intelligence-Focused Projects
9.2.2023
The commitment comes as AI-focused tokens take over the narrative in crypto circles
Starkware commits to open source its ‘magic wand’ Starknet Prover
5.2.2023
The prover is the crucial engine Starkware uses to roll up hundreds of thousands of transactions and compress them into a tiny cryptographic proof written on the Ethereum blockchain
AR, VR, and a Model for 3D in HTML
27.1.2023
Tucked down somewhere in the Safari Technology Preview 161 release notes is a seemingly innocous line about support for a new HTML element and attribute:
Added support for <model src> and honor <source type> attributes (257518@main)
Anytime I …
AR,...
UK Minister Commits to Greater Crypto Industry Engagement as New Regulation Looms
25.1.2023
Andrew Griffith berated regulators for being too slow, but there’s still no trace of his own long-awaited crypto consultation
zkSync developer Matter Labs raises $200M, commits to open-sourcing platform
16.11.2022
Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain
Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals
10.11.2022
"We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves," the Crypto.com CEO said
ConsenSys commits $2.4M annually to launch MetaMask Grants DAO
27.10.2022
The employee-led DAO will take charge of issuing grants to external developers building within the MetaMask ecosystem
GEM Digital commits $50M to ParallelChain Lab for L1 protocol development
22.9.2022
As a proof-of-stake layer-1 protocol, ParallelChain intends to deliver an architecture that operates in confidentiality while allowing to validate transactions
Xbox Boss Commits To Current Series S/X Console Prices, For Now
16.9.2022
Sony turned a few heads when it unexpectedly hiked prices on the PlayStation 5 in the second year of the current generation of consoles. Naturally, many wondered if the same complicated economic situations we all find ourselves in would see a spike in Xbox prices as well. In a recent interview with...