The bitcoin halving is imminent, and crypto is on everyone’s mind this week. That’s because the technical event, which happens every four years and serves to create more scarcity of the nominal cryptocurrency asset — of which only 21 million will ever exist — is...
The next iteration of the internet, Web3, has been around for a while now. Meta’s Reality Labs division — the arm of the tech giant that focuses on metaverse, mixed reality (MR), augmented reality (AR), virtual reality (VR), and artificial intelligence (AI) initiatives — is...
Lockchain.ai has debuted what it calls the first AI-powered blockchain risk management platform. The company, founded by a trio of cybersecurity CEOs, announced its launch Monday (April 1), saying its platform offered “automated risk management solutions to traders, investors, and fund managers in the blockchain ecosystem.” According to...
For the past 15 years, blockchain has been attempting to transform the global financial system. Or, if you listen to some of the earlier adherents of the digital asset sector, attempting to replace it. However, the inherently anonymous nature of the crypto industry’s web3 technology...
Blockchain is full of promise, cryptocurrency perhaps less so, and tokenization is already shifting what it means to “own” an asset. In a speech delivered this week by Travis Hill, vice chairman of the Federal Deposit Insurance Corp. (FDIC), at the Mercatus Center, the call was...
Goldman Sachs and BNY Mellon are reportedly delving deeper into the world of blockchain transactions. The two banks were among several firms that took part in a series of tests on a blockchain network connecting various financial institutions, one of the largest-scale of such pilots in capital markets, Bloomberg News...
Web3 payments platform Zeebu said it exceeded $1 billion in first quarter transaction volume. “In just seven months following the debut of its on-chain settlement platform, Zeebu swiftly advanced from settling nearly 5,000 invoices totaling over $500 million to surpassing the $1 billion threshold, marking a new...
Proponents of blockchain’s underlying technical capabilities are determined to shake off its cryptocurrency-centric associations. In large part by finding historical opportunity areas within the traditional financial sector that digital assets were originally designed to replace. After all, the technology’s innovative capability for storing and moving...
Hack VC has closed an oversubscribed $150 million Venture Fund I to invest in early-stage Web3 opportunities. The Web 3 venture capital (VC) firm is led by veteran Web3 venture investors and operators Alex Pack and Ed Roman, who have invested in and advised more than 100 Web3 projects...
