Blockchain gaming giant Animoca Brands is breaking ranks with most of its peers and blocking Russia from its platform in response to the invasion of Ukraine, Bloomberg reported on Wednesday (March 2). While sanctions against Russia continue from most corners of the map and from numerous...
The growth of new bitcoin ATMs that let people buy and sell cryptocurrencies slowed in the first two months of the year, with just 1,817 installed, compared with 2,435 in the same period last year. That’s despite news like bitcoin ATM operator LibertyX’s acquisition by...
Most people first heard of decentralized autonomous organizations (DAOs) when one raised nearly $50 million to try to buy a copy of the U.S. Constitution. While that effort failed, it publicized a type of blockchain-based collective governance that has been growing like wildfire in the...
A draft of the European Union Data Act would require a smart contract kill switch that could have a profound effect on the use, and even usefulness, of commercial blockchain technology. Smart contracts are self-executing agreements that, once created, are effectively unchangeable and unstoppable. They’re...
It’s hard to argue that the case for bitcoin as a store of value that, like gold, provides a hedge against inflation has been badly battered in recent months. Having plummeted as much as 50% in the past three months, the price of bitcoin has...
Web3 browser Opera has integrated with Ethereum Layer 2 exchange DeversiFi, a decentralized exchange (DEX) powered by Starkware’s Layer 2 scaling solution, to provide lower-cost, real-time transactions within Opera’s mobile browser wallet. Starkware’s StarkEx scalability engine makes Layer 2 transactions “instantaneous and 100-times cheaper” than...
Not all that long ago, blockchain was the answer to every problem in financial services, to every problem in connectivity. But reality — chiefly the length of time getting projects off the ground, and the urgency of other technologies amid the pandemic — may be...
Investors have committed a half-billion dollars to El Salvador’s forthcoming bitcoin bond, according to Blockstream Chief Strategy Officer Samson Mow. Mow, who developed the novel bond, told industry news site BeInCrypto that “the bond had received more than $500 million in verbal commitments at the...
JPMorgan Chase, Toshiba and telecom equipment company Ciena say they have demonstrated the “full viability” of a first-of-its-kind Quantum Key Distribution (QKD) network for metropolitan areas. The companies announced the test in a news release Thursday (Feb. 17), saying the network could resist quantum computing...
