Staff Reporter 
An automated way of sharing proof that a user owns a private cryptocurrency wallet when transacting with a regulated exchange in Switzerland is being integrated by hardware wallet Trezor. Developed by crypto startup 21 Analytics, the Address Ownership Proof Protocol (AOPP), which also works with wallets like BitBox and Edge, was designed to accommodate the …
Lamborghini has entered into the world of non-fungible tokens (NFTs) with its new ‘Space Key’. NFTs have grown in popularity over recent months, with these unique pieces often taking the form of digital drawings, music or art. By being non-fungible they’re essentially unique and can’t be traded for another similar commodity. For instance, one piece …
Spanish bank Santander is launching its own “buy now, pay later” service in Europe, in a bid to fend off fintech rivals trying to eat its lunch. The lender said Wednesday it will roll out Zinia, an app that lets shoppers split their purchases over monthly installments interest-free, across its markets this year, starting with …
A recent survey revealed that most game developers and their studios have no interest in developing or working with nonfungible tokens (NFTs) or crypto payments. The survey released by the Game Developers Conference on Jan. 21 titled State of the Game Industry 2022 polled 2,700 game developers on their level of interest in NFTs and …
NFT marketplace OpenSea has purchased Dharma Labs, a startup for digital cryptocurrency wallets. Announced on Tuesday, the news follows a report from Axios that said the two companies were discussing a deal valued somewhere between $110 million USD and $130 million USD. Dharma Labs was founded in 2017 and allows users to connect their bank …
The UK government published plans to strengthen the rules on crypto advertisements and protect consumers from misleading claims today. At the moment, an estimated 2.3 million people in the UK own a crypto asset and their popularity is on the rise. Research suggests that not all users fully understand what they are buying when buying …
Bank of America digital asset strategist Alkesh Shah has predicted that Ethereum competitor Solana could become the “Visa of the digital asset ecosystem” in a Tuesday research note. The Solana network launched in 2020, and its native token, SOL, has since grown into the fifth-largest cryptocurrency with a market capitalization of $47 billion. An order …
The foundation of cross-border payment has a mixture of speed, low costs, transparency, and unlimited access to funds transfer in the finance section. They’re the building blocks used to improve international trade for B2C or B2B and promote economic growth. Recently, technological innovations have refined the international payments systems to increase service delivery for businesses …
A cutting edge provider of blockchain-based financial solutions has teamed up with a major bank to offer the bank’s B2B customers blockchain based payments. Tassat, the blockchain company, recently announced the partnership with Cogent bank. The payments are made in real time, and made using a platform fully developed in the US banking system. TassatPay™ …
Prominent Blockchain technology innovative group The Eagle Network is set to launch EgonSwap – a new Decentralized Exchange platform with new exciting features to rival existing big-players in the industry. The Eagle Network is a globally-reputed blockchain-based network launched globally February 2021 that is dedicated to the proliferation of decentralized finance and mainstream adoption of …
Bittrex Global recently announced PKT ($PKT), the world’s first layer-1 blockchain for bandwidth, will list on its exchange later this month. “We are excited to welcome such a unique blockchain project onto the exchange” PKT is an open-source community project that monetizes unused internet bandwidth and provides an economic incentive for people to expand internet …
Square Enix president Yosuke Matsuda has published a letter in which he expresses hope that NFTs and blockchain technology will become a “major trend” in gaming. In a New Year’s letter, Matsuda expressed what he believes will be major areas of growth for the industry in 2022, including cloud gaming, AI, and blockchain games. The …
Bliv.Club, a Non-fungible Token (NFT) derivative startup, on Monday raised undisclosed Pre-seed funding by Sandeep Nailwal, Co-founder of blockchain scalability platform Polygon, the company said in a statement Bliv.Club said it has already in discussions with a number of potential investors to raise a larger round of funding in the near future. Its goal is …
The cryptocurrency world is branching out as NFTs are trending. They are a bridge between digital and real-world entities. NFTs tokenize any digital item and provide sole ownership of that item. That can be a tweet by a famous person, a piece of art, music, or anything in between. Unlike cryptocurrencies, they are not interchangeable. …