The First Trillionaire Will Be Made in Crypto

November 20, 2024 Bitcoin.com

bitcoin.com

History has shown that great technological shifts create vast wealth. Crypto, the next frontier, is no exception. Decentralized Wealth Will Surpass All Previous Tech Revolutions The first trillionaire will emerge from the crypto world. Like past tech booms created billionaires, crypto will generate wealth on an even larger scale. Blockchain and decentralized finance (defi) are […]

Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

California Court Rules That Ethereum Liquid Staking Solution Lido To Be Treated As Legal Entity

November 19, 2024 The Daily Hodl

Blockchain

A recent ruling from a California court has implications for decentralized autonomous organizations (DAOs), especially those involved in Ethereum (ETH) liquid staking. A California court ruled today that Lido DAO, which manages the Lido liquid staking protocol, is classified as a general partnership under California law, meaning its members could be held legally liable for […]

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Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

Fintech Startup Raises $1.5M to Democratize Maritime Finance

November 17, 2024 Bitcoin.com

Fintech Startup Raises .5M to Democratize Maritime Finance

bitcoin.com

Maritime fintech startup Shipfinex secured $1.5 million in seed funding to democratize maritime finance through blockchain-enabled fractional ownership of maritime assets. Democratizing Maritime Finance Shipfinex, a maritime fintech startup, recently announced it has secured $1.5 million in seed funding. Gaurav Mehta, chairman of shipping asset trader Best Oasis Limited and Dubai-based company SPM Shipping DMCC, […]

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Tourism Industry Veteran: Global Travel Lacks Standards, Blockchain the Missing Link

November 16, 2024 Bitcoin.com

bitcoin.com

A travel industry veteran believes blockchain technology can unify the global travel industry, standardize communication protocols and enhance transparency. Blockchain: The Missing Link Pablo Castillo, CEO and CTO of Travel4chain, argues that the global travel industry, which has remained largely unchanged for 40 years, lacks standards and a unified system. Castillo believes blockchain technology is […]

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Ghana Leverages Blockchain for Carbon Credit Trade

November 15, 2024 Bitcoin.com

bitcoin.com

Ghana and Singapore partner to use blockchain technology to facilitate the trading of carbon credits. Cementing Ghana’s Position as Africa’s Carbon Market Leader Ghana’s Environmental Protection Agency (EPA) has entered into an agreement to add the country’s Ghana Carbon Registry (GCR) to a blockchain-based Internationally Transferred Mitigation Outcomes (ITMO) network. This follows an initial agreement […]

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China’s lockdown censorship inspired Ethereum ‘based rollup’ Taiko

November 15, 2024 Coin Telegraph

Blockchain

Taiko Labs co-founder Daniel Wang first wanted to make an “unstoppable” social network and found his way to an Ethereum “based rollup” in the process.

At the height of the COVID-19 pandemic, China plunged its economic capital, Shanghai, into a two-month lockdown in an attempt to outlast the virus — but it also wanted to eradicate any dissent regarding its zero-COVID policies, sparking one of Ethereum’s so-called “based rollups.”

“I lived in my apartment in the Shanghai COVID shutdown. I lived in my small apartment for almost three months without going out once,” Daniel Wang, co-founder and CEO of Taiko Labs — creator of the Ethereum layer 2 based rollup Taiko — told Cointelegraph at DevCon in Bangkok.

“I felt like I wanted to say things in China, but it’s not allowed. So my first idea is to build a decentralized publishing network,” he said.

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Fireblocks partners with South Korean bank on VAT tokenization

November 14, 2024 Coin Telegraph

banking innovation

Fireblocks extends its services with the tokenization of tax refunds through NongHyup Bank.

Digital assets platform Fireblocks has signed a Memorandum of Understanding (MoU) with NongHyup Bank, a large South Korean bank specializing in commercial credit and banking services for the agricultural sector. They hope to launch a prototype for tax refunds.

Fireblocks and NongHyup Bank will use the Fireblocks Tokenization Engine in a pilot project to refund value-added tax (VAT) and goods and services tax (GST) on purchases at retail outlets. Fireblocks co-founder and CEO Michael Shaulov told Cointelegraph that they are looking to increase transparency and security. He said:

“This not only reduces operational costs but also ensures a secure, immutable record that strengthens trust between banks and their clients,” he added.

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Trump Administration Could Compel China To Embrace Crypto, According to Hashkey Group CEO: Report

November 13, 2024 The Daily Hodl

Blockchain

A crypto-friendly Trump Administration could pressure China into easing up on its digital asset hostility, according to the executive at a prominent Web3 firm. Hashkey Group chief executive Xiao Feng says in a new interview with the South China Morning Post that he “firmly” believes the mainland China crypto market will open up eventually, particularly […]

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Creators’ IP rights must be protected in the age of AI — Tracverse founder

November 13, 2024 Coin Telegraph

Adoption

Traverse founder Amos Thomas believes stories are the foundation of everything, and that humanity must do everything in its power to protect them.

Human stories and knowledge are the lifeblood of civilization and must protected at all costs in the age of artificial intelligence, according to Tracverse founder Amos Thomas.

Since their mainstream debut roughly two years ago, generative artificial intelligence solutions such as large language models (LLMs) have come under fierce criticism for reportedly sucking up the knowledge and creative outputs of humans, without credit or compensation, to train their algorithms.

The solution to this major issue lies in minting humanity’s stories on the blockchain, says Thomas.

Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

Stablecoin Issuer Tether Prints Nearly 4,000,000,000 USDT As Crypto Markets Edge Higher

November 11, 2024 The Daily Hodl

Blockchain

Stablecoin giant Tether has created an additional four billion USDT as Bitcoin (BTC) and digital assets make another run to the upside. Blockchain tracking firm Lookonchain says that a “massive amount of money” is set to flow into crypto markets as Tether accelerates its production of USDT, with 2 billion coins being printed in just […]

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