Silicon Valley-based cryptocurrency venture capital firm Variant has completed fundraising for a new $222 million fund, designated Variant 4, with a strategic …
Blockchain
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Markets
JPMorgan, Bank of America, Citi to start blockchain offensive with shared tokenized network
by shayaanby shayaanAmerican’s biggest banks plan to introduce a shared tokenized network next year to tackle the potential threat of stablecoins eating into their …
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Regulation
Blockchain Association urges Senate to pass Clarity Act with letter from 160 former security officials
by shayaanby shayaanThe Blockchain Association sent a letter on Tuesday to Senate Majority Leader John Thune and Senate Democratic Leader Charles Schumer expressing strong …
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Markets
Franklin Templeton says Wall Street fears blockchain because it threatens its profits
by shayaanby shayaanJenny Johnson, Franklin Templeton’s CEO, said blockchain and crypto threaten a huge number of business models that exist today in traditional finance. …
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Markets
Wall Street’s trillion-dollar dilemma: Why AI-powered hackers are keeping big banks off the blockchain
by shayaanby shayaanCertiK CEO and co-founder Ronghui Gu says April was the worst month for DeFi in four years with exploits on 27 out …
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Smart Contracts
You Can Now Read the US Constitution via the Bitcoin Blockchain
by shayaanby shayaanIn short An anonymous Bitcoin user has written the text of the US Constitution on the Bitcoin blockchain. This operation was possible …
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Paxos new license positions it alongside legacy giants such as DTCC and makes it a compelling, more efficient alternative for traditional finance …
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Mining
DMG Blockchain Revenue Slides 35% in Q2 as Bitcoin Price Squeezes Margins
by shayaanby shayaanCanadian blockchain and cryptocurrency technology firm DMG Blockchain Solutions reported second-quarter revenue of $5.28 million, a 35% decline from the previous quarter. …
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Mining
Alps Blockchain Begins Bitcoin Mining at Decommissioned Bolivian Gas Plant
by shayaanby shayaanItalian energy company Alps Blockchain, in partnership with Bolivian firm Kuruvika, has launched a Bitcoin mining operation at a decommissioned 127-megawatt (MW) …
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Finance
Japan Reveal AI and Blockchain Finance Plan to Protect Digital Yen Sovereignty
by shayaanby shayaanJapan’s ruling Liberal Democratic Party (LDP) has reveal a new national strategy focused on stablecoins, tokenized banking, and AI-powered digital payments. Called …