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Digital asset platform Bakkt has announced its plans to shift its focus to B2B technology solutions. The company said it will soon be sunsetting its consumer-facing app, which was designed to give users the ability to utilize their digital assets in different ways. The app, launched in March 2021, offered
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A big concern for users in decentralized finance (DeFi) is its susceptibility to exploits. A report from Privacy Affairs revealed hackers stole $4.3 billion worth of cryptocurrency from January to November 2022 — a 37% increase from the previous year.Such exploits harm the integrity of companies and fuel skeptics from outside of
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Solana Foundation, Ripple, and GBBC will work on finding ways of mitigating environmental risks as well as applying the best practices for climate-related crypto efforts in different sectors.Solana Foundation and Ripple Labs Inc have announced their partnership with the Global Blockchain Business Council (GBBC), the largest industry association for the blockchain technology and digital
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Hwang, who works on building the infrastructure for the initiative, including carbon credit measurements, which calculates the reduced amount of greenhouse gases generated by human actions, said his team has been meeting every week for the last two and a half years hosting workshops and forums focused on education. The
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Ava Labs is the first blockchain to partner with Amazon’s cloud computing platform. Original Source
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Many investors expect the crypto exchange to gain market share in the wake of rival FTX's collapse and prefer to express their view via structured products that offer enhanced coupon with downside protection, Marex Solutions' Ilan Solot said. Source
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It’s hardly an exaggeration to say that our industry is facing tough times. We’ve been in the midst of a “crypto winter” for some time now, with the prices of mainstays, including Bitcoin (BTC) and Ether (ETH), tumbling. Likewise, monthly nonfungible token (NFT) trading volumes have fallen more than 90%
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MicroStrategy executive chairman Michael Saylor has shared his firm’s plans to release Bitcoin Lightning Network-powered software and solutions in 2023.In a recent Twitter Spaces on Dec. 28, Saylor shared that the company is exploring software and solutions that utilize the Lightning Network, such as solutions that “support” enterprise marketing as
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A type of decentralized finance (DeFi) that allows investors to lend their crypto tokens in return for regular interest payments, the crypto lending space comprises both centralized and decentralized crypto entities that manage the entire process on behalf of their investors.Offering high annual percentage yields (APY) to investors from whom
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This option is made by a Slovakian company, and offers a similar service to BitPay for 0.8% fee. The app, which only requires an email to use, allows automatic daily settlement in crypto or fiat to a personal wallet or bank account. Though, KYC is required for fiat withdrawals. When
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