BLOCKCHAIN

Huobi Obtains License to Operate in the British Virgin Islands, States There Is No Timetable for Expansion Into the United Kingdom Yet

[ad_1]   Huobi's affiliate Brtuomi Worldwide is one of the first exchanges in the British Overseas Territory to offer compliant crypto derivatives and trading services. In addition, Huobi, a major cryptocurrency exchange, is expanding its worldwide presence by entering the British Virgin Islands, a British Overseas Territory. Huobi stated on Friday that it had obtained an investing company license from the British Virgin Islands Financial Services Commission (FSC). The permission
BLOCKCHAIN

A Year Of Ups And Downs

[ad_1] El Salvador's first Bitcoin anniversary coincides with BTC losing more than 60% of its value in a year, but this does not imply that the country's Bitcoin experiment has failed. On the contrary, by enforcing the Bitcoin Law, El Salvador became the first country in the world to use Bitcoin (BTC) as legal money on September 7, 2022. Last year, El Salvador President Nayib Bukele advocated adopting Bitcoin as
BLOCKCHAIN

UPenn’s Wharton School rolls out online certificate course on business in the Metaverse

[ad_1] The University of Pennsylvania Wharton School of Business announced Tuesday that its Aresty Institute of Executive Education will launch a certificate program titled “Business in the Metaverse Economy.” The six-week course will be taught online with a heavy dose of immersion.Wharton, one of the world’s leading business schools, teamed up with consulting firm Prysm Group to design the course, which will include more than 50 lectures by faculty and
BLOCKCHAIN

HARTi and Mitsui Sumitomo roll out NFT insurance coverage for claims

[ad_1] As announced on Tuesday, Japanese NFT Platform HARTi and insurance group Mitsui Sumitomo (三井住友海上) will roll out nonfungible token, or NFT, insurance for all digital artworks exhibited within the HARTi app. The insurance will attach to the NFT pieces on display by sellers free of charge, with HARTi responsible for the premium payments. Under the scheme, Mitsui Sumitomo will compensate owners of insured NFTs if their digital assets are compromised
BLOCKCHAIN

Solana said to be ‘more decentralized than people think,’ but there’s more

[ad_1] Solana-based decentralized finance (DeFi) firm Unstoppable Finance has argued that Solana is more decentralized than people make it out to be. However, there’s another side that believes that the blockchain platform is actually more centralized.In a blog post, the DeFi firm lays out its arguments, citing the blockchain network’s active validator count, Nakamoto coefficient and support for validator hardware, which is often argued to be expensive, as reasons for
BLOCKCHAIN

Is user’s crypto at risk?

[ad_1] TikTok continues to gather a head of steam, with the popular social media application surpassing one billion users in 2022. While daily users blissfully swipe through the latest videos from their favorite content creators, data security concerns continue to ask questions of the Chinese social media behemoth.The company has faced criticism over the past couple years relating to security concerns over data collection policies despite the popularity and prolific onboarding of
BLOCKCHAIN

Two-thirds open to a Web3 career for its potential and flexibility: Survey

[ad_1] A new survey from crypto exchange KuCoin showed that enthusiasts who have not worked in the Web3 industry are very eager to explore opportunities in the blockchain space. The participants noted that the industry's appeal includes flexibility, growth opportunities and the future outlook of the nascent space. In KuCoin’s study titled Journey Into Web3: A Global Study on the Future of Work, researchers dived into the engagement and perception of
BLOCKCHAIN

74% of public agencies feel under-equipped for crypto investigations: Report

[ad_1] A public agency survey conducted by blockchain analytics firm Chainalysis highlights the need for better tools, training and support for cryptocurrency-related investigations. The blockchain data platform delved into the topic in its 2022 State of Cryptocurrency Investigations Survey, with 74% of respondents indicating their agencies were under-equipped to investigate cryptocurrency-related crime.Chainalysis polled some 300 respondents across 183 public sector agencies in the United States and Canada to unpack the challenges and
BLOCKCHAIN

FOMO Pay taps Ripple’s liquidity solution for treasury management

[ad_1] Singapore-based institutional digital payment solution provider FOMO Pay has become the latest fintech firm to integrate Ripple’s liquidity solution called on-demand liquidity (ODL).FOMO Pay would use the popular crypto enterprise technology to improve its cross-border treasury settlements. Earlier, the firm used the traditional payment system for cross-border settlement of EUR and USD trades, which took up to two days. However, with ODL integration, the firm aims to achieve an
BLOCKCHAIN

LidoDAO rejects sale of 10M LDO tokens to Dragonfly Capital

[ad_1] LidoDAO, the governance body that controls Lido Finance, has voted to reject a proposal that would have sent 1% of the LDO token supply to Dragonfly Capital in exchange for about $14.5 million in DAI.LDO is the native token on the Lido Finance protocol, which issues the Lido Staked Ether (stETH) token. DAI is the dollar-pegged stablecoin issued by the Maker Protocol. If it had passed, crypto VC Dragonfly