Announcements Original

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 […]

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 […]

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, […]

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 […]

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 […]

Web3 companies continue to hire amidst a bull market as tech giants undergo layoffs and hiring freezes, reports CointTelegraph. As inflation continues to grow, coupled with a looming recession, many tech firms are having to cut portions of their staff. To put this in perspective, data from Layoffs.fyi found that more than 700 tech start-ups […]

In July 2021, European Blockchain Services Infrastructure (EBSI) launched the Multi-University Pilot, which gathered European universities alliances across 11 countries, who joined forces and identified, designed, and delivered six cross-border scenarios. Those projects relied on the use of a common standard, known as verifiable credentials, for wallets as digital interfaces and blockchain as the trusted […]

The European Union Blockchain Observatory and Forum has published a new report on blockchain for supply chain transparency. The report states that supply chain is a complex sector with implications for everyday life that apply to a range of products. Generally, the supply chain is an environment where multiple stakeholders coordinate in order to bring […]

Members of the European Union (EU) must be ready to block crypto mining, the European Commission, the bloc’s executive arm responsible for introducing new legislation, has said as the region prepares for an uncertain winter, reports Coindesk. The EU is also developing an energy-efficiency label for blockchains as the disruption of gas supplies from Russia […]

A proposed amendment to the UK’s Financial Services and Markets Bill would bring crypto under its scope, reports Blockworks. The new clause, introduced by Parliament member Andrew Griffith, is meant “to clarify that the powers relating to financial promotion and regulated activities can be relied on to regulate crypto assets and activities relating to crypto […]

Ripple users may be able to interact with Ethereum-compatible decentralised applications (DApps) in the future following the launch of a test phase of Ripple’s new XRP Ledger sidechain. The launch of the sidechain was shared in a Tweet by blockchain development firm Peersyst Technologies, on 17 October, noting that the new sidechain is compatible with […]

Türkiye’s President Recep Tayyip Erdo?an has unveiled new details about the e-Human project powered by blockchain ahead of Türkiye’s national blockchain summit. Cointelegraph Türkiye has reported the e-Human project will be based on blockchain tech to keep all services, data and capabilities used by the system under protection. Türkiye’s e-Human project acts as a digital […]