Wednesday, May 8, 2024
Home > Implements

Pancakeswap implements new ‘Gauges’ voting system and sunsets vCAKE metric

Decentralized crypto exchange Pancakeswap has implemented a new voting system called “Gauges,” and has sunsetted its vCAKE metric, replacing it with a new metric called “veCAKE.”Your CAKE, Your VoiceIntroducing Gauges Voting and veCAKEMore governance power Control CAKE emissions Deeper liquidity Vote Incentiveshttps://t.co/doaCruwMV6 pic.twitter.com/GxHGHdIG4J— PancakeSwapEveryone's Favorite DEX (@PancakeSwap) November 22, 2023 The system

Read More

The Sandbox implements KYC measures for protocol staking

Metaverse platform The Sandbox will require Know Your Customer (KYC) verification for its staking processes, according to an Aug. 3 announcement. The announcement stated that only verified users could deposit The Sandbox (SAND) tokens, which are native to the platform, and claim staking rewards, while non-verified users will be placed into

Read More

Chinese city implements plan for blockchain digital infrastructure system by 2025

The government in the Chinese city of Shanghai issued an implementation plan on July 31 for promoting the development of its urban blockchain digital infrastructure system in the time frame of 2023-2025, according to an update on the government’s webpage. The update says that the plans have been formulated in order

Read More

SEC Implements Rule Requiring Companies, Including Crypto Firms, to Report Cybersecurity Breaches

Most listed companies already include cybersecurity risks in their investor documents, but, until now, the SEC did not mandate any disclosures from them. Public companies and foreign private issuers must also must describe how their board oversees cybersecurity risks and detail "management’s role and expertise in assessing and managing material

Read More

Subsocial chat program implements Ethereum usernames, Polygon donations

Grill.chat, a chat app based on the Subsocial network, has now implemented Ethereum Virtual Machine (EVM) wallet compatibility, allowing users to chat using their Ethereum identities and send crypto to each other via Polygon, according to a June 7 announcement.Subsocial is a Polkadot parachain designed for social media applications. Grill.chat allows

Read More

Japan’s bitFlyer Implements Money Laundering Measures in Line With FATF ‘Travel Rule’

The exchange has set notification requirements for receiving and sending crypto to TRUST-compliant platforms in a list of 21 countries, which includes Japan, Israel, Gibraltar, Hong Kong, the Bahamas and Switzerland. BitFlyer further restricts transfers to complaint platforms in these countries to TRUST-compatible crypto assets such as bitcoin (BTC), ether

Read More

Japan Implements Stricter Anti-Money Laundering Measures for Cryptocurrency Transactions

Japan will implement stricter rules for exchanges, including the implementation of the FATF travel rule, to combat money laundering and ensure transparency in cryptocurrency transactions. On May 23, Japan announced that it will implement stricter measures against money laundering (AML) in cryptocurrency transactions starting from June 1, in order to comply

Read More

Amazon implements AI to enhance logistics and delivery speeds

Amazon is prioritizing using artificial intelligence (AI) to enhance delivery speed by reducing the distance between products and customers. Speaking to CNBC on May 15, Stefano Perego, vice president of customer fulfillment and global operations services for North America and Europe at Amazon, said that artificial intelligence plays a role

Read More

British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams – Bitcoin News

On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers £329 million annually. The limit imposed on crypto exchanges is £1,000 daily ($1,215), with a 30-day limit of £5,000 ($6,077). Natwest’s Cautious Approach Towards Crypto Assets Prompts Another Transfer

Read More