EU urges rapid completion of bloc’s crypto rules
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The “questionable practices” at now collapsed crypto exchange FTX would not have been allowed to happen under European Union rules that need to be finalised urgently, a senior European Commission official, reports RTE News. The crash in bitcoin led to a “crypto winter”, which saw the collapse of crypto exchange FTX, and earlier this week […]

Blockchain and TradFi: getting serious
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A glance at the speaker list for the European Blockchain Convention 2023, from 15-17 February in Barcelona for which Blockchain Ireland is a proud to partner, reveals a host of financial institutions. The likes of the London Stock Exchange, Banco Santander, JPMorgan Chase, Société Générale Securities Services, and Scotiabank are joined by that venerable publication, […]

Web3 tech primed to democratise IofT industry
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W3bstream, a MachineFi project, is using Web3 technology to decentralise the Internet of Things, reports Cointelegraph. We live in houses that are capable of monitoring and controlling a wide range of internal processes — from heating and cooling to security and surveillance mechanisms, says Cointelegraph. Our cars keep track of external conditions and are well […]

Global Energy Sector: Blockchain application to hit $6.29b by 2024
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BIS Research has presented a new market intelligence report entitled ‘Global Blockchain in Energy Market – Analysis and Forecast, 2018-2024.’ It reveals that blockchain application in the energy market was worth $518.6 million in 2018 and its value will reach $6.29 billion in 2024, reports Blockchain.news. The market growth witnessed is primarily linked to the […]

FTX fallout: BlockFi reportedly mulling bankruptcy, SALT pauses withdrawals and deposits
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In an official update sent to clients on 14 November, BlockFi admitted to having “significant exposure” to FTX and its affiliated companies but insisted it had “the necessary liquidity to explore all options,” reports Cointelegraph. The news came as somewhat of a surprise since on Nov. 8, BlockFi’s founder and chief operating officer, Flori Marquez, […]

Sustainable blockchains arrive at UN Climate Change Conference COP27
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The UN Climate Conference COP27 took place in in Egypt, where leaders gathered to discuss climate action, propose solutions to the current crisis and explore how technology can help to tackle some of the biggest issues facing the planet, reports Blockleaders.io. Blockchain project, Unique Network partnered with leading climate organisations, teamed up to present the […]

European Blockchain Convention 2023
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The European Blockchain Convention returns for 2023, from 15-17 February in Barcelona. Blockchain Ireland is proud to partner with the event. Described as three events in one, some 3,000 attendees across start-ups, investors, developers, and corporates, will hear from more than 200 speakers on a variety of panels, keynotes, workshops, and fire-side chats on the […]

Blockchain intelligence firm TRM Labs raises $70m in expanded Series B round
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Blockchain-based intelligence company TRM Labs has announced a $70 million expansion to its Series B funding round, bringing the total raised to $130 million, reports Cointelepgraph. Among the world’s largest private equity firms, Series B investor Thoma Bravo manages more than $122 billion in assets. The round was led by Thoma Bravo, with Goldman Sachs […]

FTX’s fate in the balance
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After widespread reports that troubled crypto exchange FTX was set to be rescued by rival Binance, various outlets are now reporting that deal has fallen through. Binance had said it has signed a letter of intent to acquire its most formidable rival FTX, delivering a surprising twist to days-long public spat between the world’s two […]

Restoring trust in the eyes of the Hodler! Can banking use bitcoin to reclaim its authority?
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Is the current retail banking system broken? Many would say yes. Can it be fixed? Probably and here are some reasons why Bitcoin and blockchain may offer a lifeline to the banking identity crisis, argues Blockleaders.io’s Lisa Gibbons. With recent support for Bitcoin coming from the major digital banks like Revolut and German bank N26, […]

Open Metaverse Alliance starts operations, challenges Meta on the future of internet
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The Open Metaverse Alliance (OMA3), a collaboration of Web3 metaverse platform creators, was officially launched on 1 November, and now is offering its memberships across two tiers, sponsors and creators, reports Blockchain.News. Initially disclosed in July, OMA3 officially opened up its operations on Tuesday, 1 November, when it was announced at the Web Summit in […]

Significant opportunity in tokenisation, says State Street
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While State Street’s digital arm is working on the ability to custody crypto assets by the end of the year, tokenisation remains a top focus for the business going forward as institutions continue to show interest in the segment, reports Blockworks. Using distributed ledger technology to tokenise funds and private assets, for example, to improve […]