Nigeria and Binance build a Blockchain Hub City for blockchain projects
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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 […]

PraSaga awarded US patent for placing computer operating system onto the blockchain
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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 […]

Shanghai includes blockchain, Web 3, and NFTs in 5-year plan
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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 […]

State Street sees ‘significant opportunity’ in tokenisation
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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 […]

‘Most of crypto is still junk,’ lacking use cases, says JP Morgan blockchain head
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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 […]

Moonbirds will store NFT art ‘in chain’
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PROOF, the private community behind the Moonbirds NFT collection, has announced it is shifting its blue-chip collection completely “in chain” — allowing images to be fully contained within the underlying smart contract, reports Cointelegraph. In a community live stream named “Future PROOF”, Harri Thomas, director of products at PROOF, explained that the new approach will […]

Ethereum’s Proof-of-Stake consensus pivot worries users
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The Merge, Ethereum’s migration from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus algorithm has raised concerns about the future of the chain when it comes to censorship, reports Bitcoin.com. After the addresses of the smart contracts of Tornado Cash, a privacy-cantered mixing protocol, were sanctioned and blacklisted by the US Treasury’s Office of Foreign […]

Trinity Business School launches dedicated blockchain, crypto and Web3 course
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Trinity Business School has launched a dedicated blockchain, crypto and Web3 course titled “Unpacking Crypto and Blockchain”. The programme has been designed for business professionals who have an interest in: – What bitcoin, blockchain, crypto and digital assets are – How they work – The role they are playing and will play across industries and […]

Hyperledger Global Forum set to tackle blockchain interoperability, CBDCs, climate change, digital identity, tokenomics, and more
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More than 100 speakers will take the stage in Dublin on 12-14 September, for talks, panels, demos and hands-on workshops. Highlights include these keynotes: Additional speakers will include: “There has been an impressive amount of market evolution, technology development and innovation in the two plus years since we last held an in-person Hyperledger Global Forum,” […]

Public firms invest $6bn in blockchain industry, says Blockdata
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Google’s parent company Alphabet has become the top investor in the blockchain industry, according to research on the blockchain investment activities of the world’s top 100 listed companies by market capitalization released by the blockchain market intelligence agency Blockdata. Blockchain.news reports that since June 2021, a total of $1.56 billion from Alphabet was injected into […]

Crypto scam revenue drops two thirds in 2022
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Illicit crypto volumes have been diminishing year-over-year, with scams making the largest drop, according to research by blockchain analytic firm Chainalysis, reports Blockchain.news. Chainalysis points out: “Total scam revenue for 2022 currently sits at $1.6 billion, 65% lower than where it was through the end of July in 2021, and this decline appears linked to […]