Visa is set to integrate its B2B connect network with JPMorgan’s suit of blockchain based cross-border payment products. Traditional finance and payment giants JPMorgan and Visa are teaming up to streamline the use of their private blockchain solutions Liink and B2B Connect to facilitate cross-border payments. According to an Oct. 11 report from Forbes, JPMorgan’s...Continue Reading

The SEC must submit its brief by Nov. 9. After that, Grayscale will then submit a reply brief on Nov. 30 before both parties submit a final brief on Dec. 21. Digital asset manager Grayscale has filed its opening brief against the U.S. Securities Exchange Commission (SEC) to challenge its decision denying Grayscale’s application to...Continue Reading

“The Currency” is the name given to Hirst’s NFT project which examines the value of digital art versus physical art. Britain’s wealthiest living artist, Damien Hirst, has started setting fire to millions of dollars worth of his own artworks as part of his nonfungible token (NFT) project called “The Currency.” During an Oct. 11 live...Continue Reading

Optimistically speaking, Brad Garlinghouse thinks the case will be concluded in 3-4 months, though it could take longer. According to Ripple CEO Brad Garlinghouse, the long-drawn-out battle between Ripple and the U.S. Securities and Exchange Commission is nearing its conclusion — but it could still take many months. The native token XRP has been on...Continue Reading

Solana NFT project DeGods has removed royalty fees and Zuckerberg says Meta is looking at an open Metaverse as a new VR headset rolls out. OpenSea has officially opened up support for the Avalanche blockchain, with the move providing broader access for the network’s native NFT projects and faster transactions for OpenSea users. The Avalanche...Continue Reading

Decentralized identities would open Web3 to a range of services requiring personal information and allow platforms to offer tailored products, according to the CEO of Quadrata. Decentralized identity (DID) and compliance services will become a “key infrastructure” to the success of decentralized finance (DeFi) and the transition of real world financial assets onto the blockchain...Continue Reading

While Google’s feature appears to be a good thing for crypto adoption, a CIO says a move from Apple would make the “crypto industry go from 100 miles an hour to 250 miles in a heartbeat.” Google’s latest crypto feature enables some Ethereum wallet addresses to have their ETH balances tracked straight off of the...Continue Reading

The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings. Solana (SOL) based decentralized finance (DeFi) exchange Mango Markets has been hit with a reported exploit of over $100 million through an attacker manipulating price oracle...Continue Reading

A source familiar with the matter said the SEC is looking into whether certain NFTs from Yuga Labs could be “more akin to stocks.” Sources say that the U.S. Securities and Exchange Commission (SEC) probe into Yuga Labs is actually part of a wider investigation into the nonfungible token (NFT) market, which already came to...Continue Reading

The city notice effectively stopped the facility from conducting “any cryptocurrency mining or related operations” until Blockfusion was in compliance with local zoning ordinances. The City of Niagara Falls has issued a cease and desist notice to New York-headquartered crypto mining firm Bit Digital over a data facility owned and operated by its partner Blockfusion....Continue Reading