Cryptocurrency Analysis and News Portal
Following the iniquitous events of last year, many players see regulation accelerating and the digital asset value chain requiring segregation. In effect, this means custodians should stick to custody and an exchange shouldn’t be a custodian or a prime broker or a broker dealer, according to Komainu’s head of strategy,
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Digital identities can help in fake product detection by providing a unique and verifiable identity to each product, making it easier to track its movements through the supply chain and verify its authenticity, thereby preventing the circulation of fake products. In the modern era of e-commerce, the problem of
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On March 10, the United States Securities and Exchange Commission ruled against a change that would allow investment manager VanEck to create a spot Bitcoin (BTC) trust. Commissioner Mark Uyeda joined his colleague Hester Peirce in releasing a statement criticizing the commission’s decision not to approve the listing and trading of
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The new product aims to help firms perform faster on-chain data analyses using unique data from Nansen’s expansive database. Source
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Applications that straddle multiple blockchains are becoming more common, though the cross-chain “bridges” often used to move digital assets back and forth between the different networks are frequently targeted by hackers. Chainalysis, a blockchain security firm, estimated the costs of hacks and other thefts from cross-chain bridges at $2 billion
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Polygon, a layer-2 scaling protocol for Ethereum, has launched a zero-knowledge decentralized identity solutionto the public nearly a year after announcing its development.The Polygon ID service uses zero-knowledge proofs (ZK proofs) that use cryptographic techniques to allow users to verify their identity online without having their sensitive information passed or
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Polygon specializes in scaling solutions for the Ethereum blockchain, including the popular Polygon PoS sidechain. According to the company, the new Polygon ID “toolset can be used by developers to unlock features such as an enhanced signup user interface, assist in regulatory compliance, help verify user identities and restrict access
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According to people familiar with the matter at Tencent, the company has set up a development team to work on a new project. Chinese conglomerate company Tencent Holdings has joined the growing list of companies working to develop a similar AI tool like ChatGPT. The Microsoft-backed ChatGPT has gained massive attention
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In a move seen as a major setback for South Africa, the international financial watchdog, the Financial Action Task Force, announced on Feb. 24 that it had added the country to its “grey list.” Getting grey-listed by the financial watchdog potentially makes it difficult for South Africa to obtain loans
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The product is designed to offer users exposure to a basket of liquid staking derivatives in one token. Source
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