Larry Fink, CEO of the biggest asset management firm in the world, BlackRock, thinks tokenizing asset classes like stocks and bonds might enhance efficiency in capital markets and increase investor access. BlackRock is looking into the digital asset sector, and the CEO said in his most recent annual letter to
Vitalik Buterin, the co-founder of Ethereum, has contributed $15 million USDC from the Balvi Philanthropic Fund. This is towards the University of California, San Diego, to fund studies into airborne diseases. This grant is said to be the largest ever contributed to open-source research on aerosols. And one of the
With the lure of a $97,000 Ether reward, the hacker responsible for the vulnerability on the decentralized lending platform Tender.fi has returned the stolen assets. At 10:28 am UTC on March 7, an exploit was carried out, and Tender.fi confirmed the event on Twitter shortly afterward, saying that there had
Ajay Kumar Choudhary, Executive Director of the Reserve Bank of India (RBI) let out glimpses of the CBDC plan. The central government of the nation and the union bank are in process of building CBDC as a replacement for crypto. Ajay is confident over the fact, CBDC will emerge as
ALPHARETTA, Ga.–(BUSINESS WIRE)–Cyble, the Y Combinator-backed leader in AI-powered global cyber threat intelligence, today announced that it has been recognized as one of America’s Best Startup Employers 2023 by Forbes in partnership with Statista, the world-leading statistics portal and industry ranking provider. The prestigious list acknowledges the top startup employers
Revolut, a London-based fintech startup that facilitates cryptocurrency trading, witnessed a 33% increase in revenue in 2022, according to the company’s chief financial officer. In spite of the bear market in cryptocurrencies last year and generally poor macroeconomic circumstances, it managed to achieve great outcomes. Revolut’s Chief Financial Officer Mikko
Users of The Sandbox, a blockchain-based metaverse firm, have been issued a security alert due to a malware programme. An outsider breached an employee’s computer and utilized the information it acquired to send a phishing email. Purporting to come from The Sandbox, according to a company blog post. The Sandbox
VICTORIA, Seychelles–(BUSINESS WIRE)–On February 27, 2023, Mete Umut Elmas (Elmas), Head of MENA Business Development of KuCoin appeared as an honoured guest speaker at the Blockchain Life 2023 convention in Dubai. The speech focused on the topic of crypto philanthropy and the potential of using digital assets to revolutionise charitable
WORCESTER, Mass.–(BUSINESS WIRE)–Xceedance, a global provider of digital transformation solutions, technology, and analytical services to the insurance industry, today announced a Series A equity investment in Vitraya Technologies, an India-based technology platform that enables automated claims decision making for insurers and real-time payouts to providers. Xceedance, together with a consortium
LBank; a leading token-to-token crypto exchange, has partnered with Encryptus Europe UAB; a licensed crypto and fiat infrastructure company, to streamline their crypto to payouts in 100+ countries. After this integration, LBank will be able to offer to their users off ramps in the form of bank wires, gift cards,
