Day: December 13, 2023

Hitachi and Concordium’s Biometric Crypto Wallet Innovation

Hitachi Research & Development and Concordium Foundation have joined forces to develop a state-of-the-art biometric crypto wallet. This “proof of technology” project, announced on December 12, aims to transform the way users access and secure their cryptocurrency accounts. The proposed biometric crypto wallet represents a significant advancement from traditional methods. Utilizing users’ fingerprints or facial […]

Swarm Launches Open dOTC for Tokenized Asset Trading

Swarm, a decentralized finance (DeFi) platform regulated by Germany’s Federal Financial Supervisory Authority (BaFin), has recently unveiled its permissionless real-world assets (RWAs) trading platform, Open dOTC. This innovative platform stands as a decentralized, non-governed public goods service network, anchored on the Ethereum blockchain. Open dOTC marks a significant stride in DeFi, employing smart contracts to […]

Trump’s Mugshot NFT Edition

Former President Donald Trump has marked his return with the launch of a new NFT collection titled the “Mugshot Edition.” This collection features 47 unique cards, each encapsulating different facets of Trump’s distinctive persona. Trump’s previous foray into the NFT market was met with overwhelming success, as his initial collection was snapped up within hours. […]

Rainbow Unveils ‘Points’ for Ethereum Users, Eyes MetaMask Community with Bonus

Rainbow, a cryptocurrency wallet service accessible via mobile and browser interfaces, has recently launched a novel points-based program. This initiative is aimed at rewarding existing users and drawing new ones into its fold, particularly from the Ethereum community. The program kicked off on December 11, when Rainbow took a snapshot of user activity on the […]

Coinbase to Offer Spot Crypto Trading Outside US in Global Expansion

Coinbase Global Inc., a leading figure in the digital currency exchange market, is poised to initiate spot cryptocurrency trading on its international exchange. This move is part of the company’s strategy to broaden its global reach, particularly targeting users who hold reservations about US-based venues amidst the country’s unclear regulatory environment. Starting December 14, institutional […]

Enterprise Blockchain Coti Set to Become Ethereum Privacy-Centric Layer 2 in 2024

In a move that is likely to capture the attention of the entire Ethereum ecosystem, enterprise-grade blockchain platform Coti is preparing to undergo a significant transformation. By 2024, Coti is poised to transition from its current standalone protocol status to become a scalable, privacy-focused layer-2 solution on Ethereum. An announcement has unveiled Coti’s plans to […]

Bitcoin And Crypto To Be Measured At Fair Value Under New FASB Rules

The Financial Accounting Standards Board (FASB) today announced a major shift in how companies will account for cryptocurrencies like Bitcoin. These new rules, slated to be effective from December 15, 2024, allow for earlier application by companies who wish to adopt them ahead of time. The FASB’s guidelines are the first of their kind in […]

China Launches RealDID for Blockchain-Based Identity Verification of 1.4 Billion Citizens

China is taking a significant leap in digital identity verification by introducing the RealDID service, a blockchain-based initiative aimed at encompassing its 1.4 billion citizens. This announcement, made at a recent conference in Beijing, marks a crucial step in China’s ambitious plan to integrate blockchain technology into national identification systems. RealDID: China’s National-Level Decentralized ID […]