Crypto currencies can be used to evade sanctions
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Concerns have been expressed by US Senate Democrats that cryptocurrencies may be used to sidestep economic sanctions imposed on Russia, reports Protocol.com. It writes that Senate Democrats want to know what steps the US Treasury Department is taking to prevent such actions. “Given the need to ensure the efficacy and integrity of our sanctions program […]

Fourth Blockchain International Scientific Conference
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The British Blockchain Association is hosting the fourth Blockchain International Scientific Conference online on 14 March, from 08:00. Attendance registration is now open, but paper submissions are closed. Among the presentations will be “Developing Education Awareness of Blockchain /DLT: A Student Led Blockchain/DLT Research Fellowship”.This will be presented by Dominic Allen, student, GMIT, Dr Trevor […]

Africa Blockchain Report 2022  – “Accelerating Blockchain Innovation across the continent”
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The African Blockchain Institute, in association with Algorand Foundation, has released the Africa Blockchain Report 2022. Analysing the blockchain scene across four countries, Nigeria, Kenya, South Africa and Tunisia, shows that almost half of (49.2%) of the companies participating in the study are at the growth stage, indicating the high level of activity in the […]

Intel launches blockchain chip to tap crypto boom
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Intel Corp has recently launched a new chip for blockchain applications, such as Bitcoin mining and minting NFTs, to cash in on the rising usage of cryptocurrencies, reports Reuters. The chip will ship later this year, says the report, and the first customers include Block Inc, the Jack Dorsey-led firm that recently changed its name […]

Blockchain energy application to hit $6.29bn by 2024
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A report from Blockchain.News, reveals that blockchain application in the energy market was worth $518.6 million in 2018 and its value will reach $6.29 billion (€5.53 billion) in 2024. Based on research from BIS Research, its report ‘Global Blockchain in Energy Market – Analysis and Forecast, 2018-2024’ says the market growth witnessed is primarily linked […]

Crypto start-up Alchemy tops $10bn valuation amid blockchain funding frenzy
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Less than four months after its last funding round, San Francisco-based Alchemy raised another $200 million investment led by Lightspeed and Silver Lake, reports CNBC. It comes amid a wave of venture capital interest in crypto, as investors look for winners in what some describe as the future of the internet. Competition for back-end, blockchain […]

#Startups Networking_IRL: Web3 innovators
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Register: #Startups Networking_IRL: Web3 innovators Catered event. Free-of charge. Many thanks to host and sponsor @Defactor. Date: Tuesday 22/2/22 Venue: Dogpatch Labs, D1. Time: 230-5.30 Activities: 1. Community building Micro-pitching and #Startups speed-dating. 2. Knowledge-sharing Enterprise NFT applications. Panel and Q+A. Chair: Brendan Bonner, Chief Technologist, IDA. 3. Workshop Irish blockchain readiness – Gap Analysis […]

Sequoia leads $450 million investment in Polygon blockchain
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According to CNBC, the Silicon Valley venture capital firm, Sequoia Capital, has led a $450 million investment in the blockchain network Polygon. Polygon serves as a support layer to Ethereum, the platform behind the ether cryptocurrency, helping it process transactions at scale. The Ethereum network is different from bitcoin’s in that it supports applications for […]

Blockchain rare earth scheme to certify sustainable output for EVs
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An EU-funded certification scheme using blockchain is being developed for rare earths as automakers demand proof that materials used to make magnets for electric vehicles (EVs) are not linked to toxic pollution, reports Reuters. The system will set global standards and give confidence to consumers demanding sustainable products, two of the organisers told Reuters ahead […]

Blockchain 50: Cryptocurrencies hog the spotlight, but biggest innovations are below the surface
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The Forbes 50 in Blockchain for 2022 is out and features companies as diverse as Breitling and Boeing, Meta and Nornickel. Forbes characterises the list with: ”You’ve come a long way, blockchain!” An article on its website says since the inaugural roundup of the Blockchain 50, in 2019, the billion-dollar companies (minimum, by sales or […]

Twitter-funded social media project Bluesky taps Dorsey for board
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Bluesky, a Twitter Inc-funded project that seeks to rebuild how social media companies operate, has said Twitter co-founder and former chief executive Jack Dorsey will join the company’s board, reports Reuters. Bluesky is working to build a technology that would allow different social media companies to operate on the same standard, which would enable developers […]

Eisenhower Fellowship open to Irish applicants
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The Eisenhower Fellowship (EF) is a programme to identify, empower and connect innovative leaders through a transformative fellowship experience and lifelong engagement with a diverse, dynamic, global network of change agents committed to creating a world more peaceful, prosperous and just. The EF was founded by a group of Philadelphia businessmen in 1953 to celebrate […]