Saturday, June 14, 2025

Loom Network Offers a Rewards Program to Its DApp Developers

Loom Network, a blockchain-based platform designed with large-scale social apps and games in mind, launched a new bounties and rewards program.In the announcement published on Sept. 24, Loom said that it kicked off a new campaign to recruit decentralized applications (DApps) developers, which involves several large bonuses of Loom

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MediConnect Completes PoC to Track Medication Through the Supply Chain

Blockchain startup MediConnect has completed the workflow for the Proof-of-Concept (PoC) designed to track medications through the supply chain and begun integration of online pharmacy UK Meds’ processes to its platform.Tracking medication through the supply chainPer a press release shared with CryptoX on Sept. 26, MediConnect established a foundation

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Bittrex to Use Chainalysis Tool to Identify High-Risk Transactions

Cryptocurrency exchange Bittrex is incorporating Chainalysis know your transaction (KYT) tool to spot high-risk transactions.Compliance standardsIn a Sept. 26 press release, Chainalysis Inc. announced the deployment of its real-time transaction monitoring solution to the Seattle-based blockchain trading platform Bittrex.In an attempt to meet “new and existing regulatory and compliance

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‘I Think We Need to Be a Little Less Paternalistic’

United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce recently spoke on innovation in cryptocurrencies, calling regulators excessively paternalistic.DACOM SummitAt the Digital Asset Compliance and Market Integrity (DACOM) Summit in New York today, Sept. 26, Commissioner Peirce led a Q&A session that featured extensive discussion of the future

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Medici Bank Launches Private Beta Testing in October: Report

Puerto Rico-based Medici Bank, founded by a direct descendant of the Italian Medici dynasty, launches private beta testing in October.Medici Bank will be piloting digital onboarding procedures, application programming interface and web portals with five global firms, two or three of which represent crypto businesses, Coindesk reports Sept. 26.Crypto

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Libra Launch Date in Doubt Following Comments From Mark Zuckerberg

Libra’s proposed 2020 launch date has been thrown into doubt after Facebook CEO Mark Zuckerberg refused to put a definitive timeframe on the project. Contradicting Reports on Libra Launch Speaking to Nikkei, Zuckerberg was asked about the expected launch date of Libra, to which he replied: “Obviously we want to move forward at

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