On its most recent quarterly earnings statement on November 9th, blockchain financial services company Galaxy Digital revealed that it has $76.8 million in cash and digital assets exposed to struggling cryptocurrency exchange FTX. Galaxy Digital has reported that $47.5 million is in the withdrawal process now. After a consumer bank
The ideal mixing protocol, for Ethereum, Tornado Cash, has been sanctioned yet again. The United States Treasury Department said in a press statement today that it was updating its sanctions on Tornado Cash because the service had been used to provide North Korea with money, supplies, and technology. The Treasury
NTT Docomo, the leading mobile phone operator in Japan, partnered with the consulting firm Accenture to invest up to $4 billion in Web3 technology, the third generation of the Internet. The collaboration also includes educational opportunities for corporate executives and engineers interested in the topic. A joint press statement from
AllianceBlock, whose goal is to provide frictionless entry points into DeFi, has announced the release of its Trustless Identity Verification (TIDV) solution on Mainnet, with the first integration occurring through the Fundrs platform. The issue of exchanging verified information without compromising security is addressed by Trustless Identity Verification (TIDV), a
G2, a software marketplace, has awarded nine badges to Chainwire, a crypto press release distribution service. Based on the feedback from actual users included in its quarterly review form, the badges were assigned in G2’s Fall 2022 report. High Performer, Most Likely to Be Recommended by Users, and Highest User
The swappin.gifts app is now accessible directly through the Ambire Wallet dApp Catalog as part of the newest plug-in integration and collaboration that Ambire Wallet has developed. With its primary emphasis on enhancing the cryptocurrency user experience, Ambire is the first open-source, self-custodial smart contract wallet. There will be a
Now in its 2nd year, Decipher is a leading annual conference on blockchain and Web3 use cases. Hosted by the Algorand Foundation, Decipher will present its 2022 edition in Dubai, UAE – a burgeoning crypto capital – and feature top industry voices from FTX, SkyBridge Capital, Envision Racing, Napster, Binance,
It was revealed on Monday, along with a published copy of the judgement that the Securities and Exchange Commission (SEC) had prevailed in its action against LBRY, Inc., the business behind the LBRY protocol. LBRY tweeted: “We lost. Sorry everyone. We’re going to lick our wounds for a little bit
The open Beta release of Xternity, a WEB3 platform for games, and the accompanying $4.5 million were just revealed. Prominent names in the game industry and the web3 community have contributed to the funding. Companies like Jibe Ventures, Flori Ventures, Secret Chords, Vgames, and NFX are among them. Xternity was
Blocto, a crypto ecosystem, and multichain wallet has announced the creation of a $3 million Aptos Ecosystem Fund to assist projects in bringing new users to Aptos. In the wake of Blocto’s Aptos integration, which saw 300,000 new Aptos wallets created in the first week, this is encouraging. Blocto and the Aptos
