Announcements Original

Members of the Parliament of the European Union have voted in favour of a non-binding resolution aimed at using blockchain to fight tax evasion and coordinate tax policy on cryptocurrencies, reports Cointelegraph. In a notice on 4 October, the European Parliament said 566 out of 705 members voted in favour of the resolution originally drafted […]

The past few months have been a rough awakening for many Web3 enthusiasts, according to an article by McKinsey: the market prices of major cryptocurrencies have declined significantly, the trading volume of non-fungible tokens (NFTs) has slowed, and, most importantly, some pioneers of the space have declared bankruptcy because of failed risk management and misuse […]

As part of its Education Week coverage, CoinDesk has ranked Trinity College Dublin (TCD) among the best universities for blockchain. A high number of citations on the blockchain research papers propelled this school to No. 44, said CoinDesk. It acknowledges TCD as a research university that was ranked 98th on the QS World University Rankings […]

At Cointelegraph, writer Chris Jones explains the potential downsides of Proof-of-Work and Proof-of-Stake, in light of recent developments. Under headings such as the types of nodes and alternatives, efficiency of consensus mechanisms, current challenges for validating transactions, and PPoC benefits for users, Jones considers topical and timely issues. What are the main types of nodes […]

Ethereum is about to get a makeover, reports Bloomberg. The popular crypto network that runs Ether, the world’s second-most-valuable digital currency, could morph as early as 14 September into a configuration that shakes up the entire crypto universe. The long-anticipated software change, “the Merge” to crypto fans worldwide, will lower Ethereum’s energy use by 99%, […]

The Hyperledger Foundation’s Global Forum opened in Dublin on Monday 12 September, with the foundation’s executive director Daniela Barbosa welcoming the attendees, and acknowledging the trying time that had passed since the previous forum in 2020. She introduced two key stakeholders, Vipin Bharathan, technical strategist, DLT.nyc, and Jyoti Ponnapalli, director, Technology Strategy, DTCC, who set […]

The Central Bank of Ireland has added Zodia Custody (Ireland) Limited to its Virtual Asset Service Provider Register VASP), the company becoming the first dedicated crypto-asset custodian to be registered to provide commercial services to clients in Ireland. The registration with the CBI means that Zodia Custody Ireland will be subject to the Criminal Justice […]

The Nigerian government agency in charge of export processing zones, EPZA, has announced that it is in talks with cryptocurrency exchange Binance to establish a “virtual free zone” dedicated to blockchain technology and the digital economy, reports Cryptonews. The National Economic and Production Zones Authority (NEPZA) hopes that the end outcome will be comparable to […]

According to a new United States Patent and Trademark Office publication, Swiss-based blockchain start-up PraSaga has been awarded a patent placing its operating system, dubbed “SagaOS,” on the blockchain, reports Cointelegraph. Titled “Systemic Extensible Blockchain Object Model Comprising A First-class Object Model And A Distributed Ledger Technology,” the methods described in US patent no. 11436039B2 […]

The Shanghai government has maintained an openness towards Web 3 and other blockchain technologies, and now has included them, and others such as NFTs, in its five-year plan, reports Cryptopolitan. According to its latest release, it will foster the development of these technologies to cope with the latest developments. Various countries and governments have remained […]

The head of JPMorgan’s digital assets unit Umar Farooq has suggested that most of the crypto assets on the market are “junk” and that real crypto use cases have yet to fully present themselves, reports Cointelegraph. During a panel discussion at the Monetary Authority of Singapore’s Green Shoots Seminar, Farooq stated that regulation is yet […]

While 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 efficiency […]