Announcements Original

Visa is set to integrate its B2B connect network with JPMorgan’s suit of blockchain based cross-border payment products, reports Cointelegraph. Traditional finance and payment giants JPMorgan and Visa are teaming up to streamline the use of their private blockchain solutions Liink and B2B Connect to facilitate cross-border payments. According to an 11 October from Forbes, […]

Gemini has entered the Irish market, reports Blockchain.News. The company now provides crypto exchange and custody services to individuals and institutions. Gemini announced that users can access their web site and mobile application to create accounts and purchase cryptocurrencies in EUR or GBP. Additionally, users can also fund their accounts via debit card, Apple Pay, […]

The world’s largest cryptocurrency exchange suspended trading on a smart contract blockchain after a hacker took at least $100 million in stolen cryptocurrency, reports Data Breach Today. Independent observers say the attack on the Binance Smart Chain actually netted the hacker $586 million. Changpeng “CZ” Zhao, chief executive of Binance, says the company asked all […]

The Africa Blockchain Institute has released its second Africa Blockchain Report, with the theme of “accelerating Blockchain Innovation across the Continent.” It says the research has been conducted to study the trends of Blockchain activities in Africa and has resulted in the production of the “practitioner report to enlighten the African public on Blockchain use […]

In the United States, President Biden’s administration has urged the country’s Congress to pass laws that will clarify how crypto assets should be regulated amid increasing fears of a global recession, reports CryptoNews. The group of financial regulators comprising the US Financial Stability Oversight Council, had issued a report, calling on politicians to reach an […]

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 […]