Business Archives

No Result

View All Result

No Result

View All Result

No Result

View All Result

The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Shiva Rajaraman<\/a>, VP of Product at OpenSea, claims that NFTs can create new experiences. According to him, NFTs also provide a platform for bringing people together in new and interesting ways around the things they like.<\/li>\n<\/ul>\n\n\n\n
\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
Shiva Rajaraman<\/a>, VP of Product at OpenSea, claims that NFTs can create new experiences. According to him, NFTs also provide a platform for bringing people together in new and interesting ways around the things they like.<\/li>\n<\/ul>\n\n\n\n
\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Haas And OpenSea - What It Entails<\/h2>\n\n\n\n
\n
Shiva Rajaraman<\/a>, VP of Product at OpenSea, claims that NFTs can create new experiences. According to him, NFTs also provide a platform for bringing people together in new and interesting ways around the things they like.<\/li>\n<\/ul>\n\n\n\n
\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/em><\/strong> OpenSea Valued At $10B After Investment Offer<\/a><\/p>\n\n\n\n
Haas And OpenSea - What It Entails<\/h2>\n\n\n\n
\n
Shiva Rajaraman<\/a>, VP of Product at OpenSea, claims that NFTs can create new experiences. According to him, NFTs also provide a platform for bringing people together in new and interesting ways around the things they like.<\/li>\n<\/ul>\n\n\n\n
\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Haas F1 Team's VF-22 automobiles will have the OpenSea logo for increased exposure in support of the alliance.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> OpenSea Valued At $10B After Investment Offer<\/a><\/p>\n\n\n\n
Haas And OpenSea - What It Entails<\/h2>\n\n\n\n
\n
Shiva Rajaraman<\/a>, VP of Product at OpenSea, claims that NFTs can create new experiences. According to him, NFTs also provide a platform for bringing people together in new and interesting ways around the things they like.<\/li>\n<\/ul>\n\n\n\n
\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
Haas F1 Team's VF-22 automobiles will have the OpenSea logo for increased exposure in support of the alliance.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> OpenSea Valued At $10B After Investment Offer<\/a><\/p>\n\n\n\n
Haas And OpenSea - What It Entails<\/h2>\n\n\n\n
\n
Shiva Rajaraman<\/a>, VP of Product at OpenSea, claims that NFTs can create new experiences. According to him, NFTs also provide a platform for bringing people together in new and interesting ways around the things they like.<\/li>\n<\/ul>\n\n\n\n
\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
They want to provide the NFT community with fresh and distinctive collections thanks to a common vision for boosting participation and offering exceptional Web3 experiences. \"NFTs have the incredible power to unlock new experiences and give us a canvas to bring people together around the things they love in new ways,\"<\/em> said Team Principal at Haas, Guenther Steiner. <\/li>\n<\/ul>\n\n\n\n
\n
Haas F1 Team's VF-22 automobiles will have the OpenSea logo for increased exposure in support of the alliance.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> OpenSea Valued At $10B After Investment Offer<\/a><\/p>\n\n\n\n
Haas And OpenSea - What It Entails<\/h2>\n\n\n\n
\n
Shiva Rajaraman<\/a>, VP of Product at OpenSea, claims that NFTs can create new experiences. According to him, NFTs also provide a platform for bringing people together in new and interesting ways around the things they like.<\/li>\n<\/ul>\n\n\n\n
\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
They want to provide the NFT community with fresh and distinctive collections thanks to a common vision for boosting participation and offering exceptional Web3 experiences. \"NFTs have the incredible power to unlock new experiences and give us a canvas to bring people together around the things they love in new ways,\"<\/em> said Team Principal at Haas, Guenther Steiner. <\/li>\n<\/ul>\n\n\n\n
\n
Haas F1 Team's VF-22 automobiles will have the OpenSea logo for increased exposure in support of the alliance.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> OpenSea Valued At $10B After Investment Offer<\/a><\/p>\n\n\n\n
Haas And OpenSea - What It Entails<\/h2>\n\n\n\n
\n
Shiva Rajaraman<\/a>, VP of Product at OpenSea, claims that NFTs can create new experiences. According to him, NFTs also provide a platform for bringing people together in new and interesting ways around the things they like.<\/li>\n<\/ul>\n\n\n\n
\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
With this partnership, Haas F1 Team and OpenSea will concentrate on creating a fantastic tool that allows supporters to connect with the team and will provide intriguing collections to the NFT community. Although, the team has been vague on exactly what their NFTs will look like and if investors receive more than just an NFT.<\/li>\n<\/ul>\n\n\n\n
\n
They want to provide the NFT community with fresh and distinctive collections thanks to a common vision for boosting participation and offering exceptional Web3 experiences. \"NFTs have the incredible power to unlock new experiences and give us a canvas to bring people together around the things they love in new ways,\"<\/em> said Team Principal at Haas, Guenther Steiner. <\/li>\n<\/ul>\n\n\n\n
\n
Haas F1 Team's VF-22 automobiles will have the OpenSea logo for increased exposure in support of the alliance.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> OpenSea Valued At $10B After Investment Offer<\/a><\/p>\n\n\n\n
Haas And OpenSea - What It Entails<\/h2>\n\n\n\n
\n
Shiva Rajaraman<\/a>, VP of Product at OpenSea, claims that NFTs can create new experiences. According to him, NFTs also provide a platform for bringing people together in new and interesting ways around the things they like.<\/li>\n<\/ul>\n\n\n\n
\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
With this partnership, Haas F1 Team and OpenSea will concentrate on creating a fantastic tool that allows supporters to connect with the team and will provide intriguing collections to the NFT community. Although, the team has been vague on exactly what their NFTs will look like and if investors receive more than just an NFT.<\/li>\n<\/ul>\n\n\n\n
\n
They want to provide the NFT community with fresh and distinctive collections thanks to a common vision for boosting participation and offering exceptional Web3 experiences. \"NFTs have the incredible power to unlock new experiences and give us a canvas to bring people together around the things they love in new ways,\"<\/em> said Team Principal at Haas, Guenther Steiner. <\/li>\n<\/ul>\n\n\n\n
\n
Haas F1 Team's VF-22 automobiles will have the OpenSea logo for increased exposure in support of the alliance.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> OpenSea Valued At $10B After Investment Offer<\/a><\/p>\n\n\n\n
Haas And OpenSea - What It Entails<\/h2>\n\n\n\n
\n
Shiva Rajaraman<\/a>, VP of Product at OpenSea, claims that NFTs can create new experiences. According to him, NFTs also provide a platform for bringing people together in new and interesting ways around the things they like.<\/li>\n<\/ul>\n\n\n\n
\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
As an official partner of Haas F1, Opensea will collaborate with the team and other partners to create an NFT-branded collection.<\/li>\n<\/ul>\n\n\n\n
\n
With this partnership, Haas F1 Team and OpenSea will concentrate on creating a fantastic tool that allows supporters to connect with the team and will provide intriguing collections to the NFT community. Although, the team has been vague on exactly what their NFTs will look like and if investors receive more than just an NFT.<\/li>\n<\/ul>\n\n\n\n
\n
They want to provide the NFT community with fresh and distinctive collections thanks to a common vision for boosting participation and offering exceptional Web3 experiences. \"NFTs have the incredible power to unlock new experiences and give us a canvas to bring people together around the things they love in new ways,\"<\/em> said Team Principal at Haas, Guenther Steiner. <\/li>\n<\/ul>\n\n\n\n
\n
Haas F1 Team's VF-22 automobiles will have the OpenSea logo for increased exposure in support of the alliance.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> OpenSea Valued At $10B After Investment Offer<\/a><\/p>\n\n\n\n
Haas And OpenSea - What It Entails<\/h2>\n\n\n\n
\n
Shiva Rajaraman<\/a>, VP of Product at OpenSea, claims that NFTs can create new experiences. According to him, NFTs also provide a platform for bringing people together in new and interesting ways around the things they like.<\/li>\n<\/ul>\n\n\n\n
\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
As an official partner of Haas F1, Opensea will collaborate with the team and other partners to create an NFT-branded collection.<\/li>\n<\/ul>\n\n\n\n
\n
With this partnership, Haas F1 Team and OpenSea will concentrate on creating a fantastic tool that allows supporters to connect with the team and will provide intriguing collections to the NFT community. Although, the team has been vague on exactly what their NFTs will look like and if investors receive more than just an NFT.<\/li>\n<\/ul>\n\n\n\n
\n
They want to provide the NFT community with fresh and distinctive collections thanks to a common vision for boosting participation and offering exceptional Web3 experiences. \"NFTs have the incredible power to unlock new experiences and give us a canvas to bring people together around the things they love in new ways,\"<\/em> said Team Principal at Haas, Guenther Steiner. <\/li>\n<\/ul>\n\n\n\n
\n
Haas F1 Team's VF-22 automobiles will have the OpenSea logo for increased exposure in support of the alliance.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> OpenSea Valued At $10B After Investment Offer<\/a><\/p>\n\n\n\n
Haas And OpenSea - What It Entails<\/h2>\n\n\n\n
\n
Shiva Rajaraman<\/a>, VP of Product at OpenSea, claims that NFTs can create new experiences. According to him, NFTs also provide a platform for bringing people together in new and interesting ways around the things they like.<\/li>\n<\/ul>\n\n\n\n
\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The only American-owned team racing in the FIA Formula 1 World Championship, Haas F1 Team, announced<\/a> a partnership with OpenSea, the top peer-to-peer<\/a> marketplace for non-fungible tokens<\/a> (NFTs).<\/p>\n\n\n\n
\n
As an official partner of Haas F1, Opensea will collaborate with the team and other partners to create an NFT-branded collection.<\/li>\n<\/ul>\n\n\n\n
\n
With this partnership, Haas F1 Team and OpenSea will concentrate on creating a fantastic tool that allows supporters to connect with the team and will provide intriguing collections to the NFT community. Although, the team has been vague on exactly what their NFTs will look like and if investors receive more than just an NFT.<\/li>\n<\/ul>\n\n\n\n
\n
They want to provide the NFT community with fresh and distinctive collections thanks to a common vision for boosting participation and offering exceptional Web3 experiences. \"NFTs have the incredible power to unlock new experiences and give us a canvas to bring people together around the things they love in new ways,\"<\/em> said Team Principal at Haas, Guenther Steiner. <\/li>\n<\/ul>\n\n\n\n
\n
Haas F1 Team's VF-22 automobiles will have the OpenSea logo for increased exposure in support of the alliance.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> OpenSea Valued At $10B After Investment Offer<\/a><\/p>\n\n\n\n
Haas And OpenSea - What It Entails<\/h2>\n\n\n\n
\n
Shiva Rajaraman<\/a>, VP of Product at OpenSea, claims that NFTs can create new experiences. According to him, NFTs also provide a platform for bringing people together in new and interesting ways around the things they like.<\/li>\n<\/ul>\n\n\n\n
\n
Steiner noted that Haas has \"waited to find the right partner in the NFT space and in OpenSea we\u2019ve found exactly that...we know we\u2019ll be in good hands as they\u2019re not only connected to all the key players but they\u2019re an industry leader with innovation at the forefront of all they do.\u201d<\/em><\/li>\n<\/ul>\n\n\n\n
\n
\u201cIt\u2019s going to be exciting for us to take our first steps into the NFT environment and engage with OpenSea\u2019s passionate community. We have some fun ideas how we can do things differently,\"<\/em> stated Steiner.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/strong><\/em> OpenSea To Support Solana NFTs<\/a><\/p>\n","post_title":"Haas F1 Team Partners with OpenSea for NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"haas-f1-team-partners-with-opensea-for-nfts","to_ping":"","pinged":"","post_modified":"2022-11-07 21:18:21","post_modified_gmt":"2022-11-07 10:18:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8134","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7642,"post_author":"10","post_date":"2022-10-15 16:22:45","post_date_gmt":"2022-10-15 05:22:45","post_content":"\n
The parent company of Arbitrum, Offchain Labs, announced<\/a> the acquisition of Prysmatic Labs in a blog post.<\/p>\n\n\n\n
The purchase is a significant accomplishment for Offchain Labs as it seeks to broaden the reach of Arbitrum, its optimistic rollup network that enables users to transact on Ethereum with reduced rates and faster transaction times. The purchase of one of Ethereum's top Layer 1<\/a> teams by Offchain indicates the growing importance of Layer 2<\/a> scaling platforms in the Ethereum ecosystem.<\/li><\/ul>\n\n\n\n
After the completion of the acquisition, the developers will keep working on the \"neutral and open-source\" client and other Ethereum (ETH) ecosystem projects.<\/li><\/ul>\n\n\n\n
According to Raul Jordan, a co-founder of Prysmatic Labs, the merger was a perfect fit since both teams use the programming language Go to create their software and are committed to delivering products that will make Ethereum successful.<\/li><\/ul>\n\n\n\n
Crunchbase reports <\/a>that since its creation in 2018, Offchain Labs has generated over $120 million from investors. The addition of 11 additional Prysmatic Labs colleagues pushes its total staff beyond 60. Prysmatic Labs and Offchain Labs did not release the financial details of their agreement to the public.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> The Misconceptions With The Ethereum Merge<\/a><\/p>\n\n\n\n
What Is Prysmatic Labs?<\/h2>\n\n\n\n
Prysmatic <\/a>Labs created the proof-of-stake<\/a> consensus mechanism that has powered and authenticated Ethereum. It is implemented by node<\/a> validators all across the globe using Prysm, a consensus client program.<\/li><\/ul>\n\n\n\n
The Prysmatic Labs team is made up of elite developers that are well-versed in blockchain technology and strongly support Ethereum's key principles.<\/li><\/ul>\n\n\n\n
The core staff of Offchain Labs will now include Prysmatic Labs' programmers. While developing Arbitrium, they will continue to support Prysm<\/a> and act as a neutral consensus client on Ethereum. The group will also contribute significantly to developing Ethereum's EIP-4844<\/a> data-sharding initiative.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin, Ethereum, Ripple Are About To Experience A Bumpy Ride Ahead, Crypto Analyst Tony Montpeirous<\/a><\/p>\n","post_title":"Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"offchain-labs-buys-ethereum-consensus-client-prysmatic-labs","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/the-misconceptions-with-the-ethereum-merge\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/#layer2","post_modified":"2022-10-15 16:25:41","post_modified_gmt":"2022-10-15 05:25:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7642","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7637,"post_author":"10","post_date":"2022-10-14 23:11:20","post_date_gmt":"2022-10-14 12:11:20","post_content":"\n
According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius\u2019 bankruptcy case, the overall costs for her job would likely range between $3 million and $5 million.<\/p>\n\n\n\n
The proposed counsel to the examiner said in a file <\/a>that her main objective is to comprehend the volume and breadth of documents and data that must be analyzed for the inquiry.<\/li><\/ul>\n\n\n\n
Shoba Pillay has yet to be granted access to the necessary papers she needs for her job, despite negotiations with Celsius\u2019 legal counsel and financial advisors. However, the filing also said that she anticipates receiving it shortly since Celsius just made a publicly released statement of their financial affairs. <\/li><\/ul>\n\n\n\n
On September 29, Pillay was chosen to serve as the independent examiner. Her duties include looking into Celsius\u2019 cryptocurrency holdings, including finding out where such holdings were kept before and after the firm filed bankruptcy claims and if multiple kinds of accounts were mixed.<\/li><\/ul>\n\n\n\n
She will also examine a change in account offers that went into effect in April 2022, switching certain clients from the Earn Program to the Custody Service while placing others in a \u201cWithhold Account.\u201d<\/li><\/ul>\n\n\n\n
Celsius Network tweeted<\/a> that the court should establish a deadline for customers to provide claim evidence. That motion will be heard on November 1.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Celcius Files For Bankruptcy Revealing A Billion-Dollar Deficit<\/a><\/p>\n","post_title":"Celsius To Spend $5 Million On An Independent Examiner","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"celsius-to-spend-5-million-on-an-independent-examiner","to_ping":"","pinged":"","post_modified":"2023-04-10 18:49:49","post_modified_gmt":"2023-04-10 08:49:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7637","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7530,"post_author":"1","post_date":"2022-10-08 00:21:45","post_date_gmt":"2022-10-07 13:21:45","post_content":"\n
Web3 startup Thallo announced<\/a> a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a blockchain-based carbon credit marketplace.<\/p>\n\n\n\n
Carbon credits are given to companies and define how much emissions they're allowed to put out, which can be traded between companies. Thallo aims to solve liquidity and pricing problems within the current carbon credit marketplace.<\/li><\/ul>\n\n\n\n
\u201cAs the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability and verification,\u201d says Ken Weber a senior VP for Ripple's social impact and sustainability sector in Thallos announcement.<\/li><\/ul>\n\n\n\n
\"By leveraging Ripple\u2019s enterprise readiness and carbon neutral XRPL\u2019s reliability at scale, Thallo is democratizing access to verified carbon credits for both institutional and retail investors to help offset their carbon footprints in a way that satisfies their key stakeholders,\" added Weber.<\/li><\/ul>\n\n\n\n
See Related: <\/strong><\/em>Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market<\/a><\/p>\n\n\n\n
Thallo's Carbon Neutral Team<\/h2>\n\n\n\n
In the announcement, Thallo defined their team as experts in climate and sustainability as well as web3. Alongside Thallo, the 23 partners split into three sectors. The Founding Partners<\/em> include Ripple Labs and Climate Collective to support the development of the platform.<\/li><\/ul>\n\n\n\n
The second sector is the Integrity Partners<\/em> which are academic instiutions, non-profits, and associations which aim to scale carbon markets with integrity such as Carbon Business Council and Crypto Climate Accord.<\/li><\/ul>\n\n\n\n
Finally, the largest sector with 14 companies, the Innovation Partners<\/em>, are the companies that develop the key aspects of the marketplace including Chainlink, Celo Foundation and Filecoin Green.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-labs-partner-with-thallo-to-develop-carbon-credit-marketplace","to_ping":"","pinged":"","post_modified":"2022-10-08 00:24:06","post_modified_gmt":"2022-10-07 13:24:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7530","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7450,"post_author":"7","post_date":"2022-09-28 21:53:22","post_date_gmt":"2022-09-28 11:53:22","post_content":"\n
$\"\"$ <\/figure>\n\n\n\n
Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial and cyber crimes in the crypto industry. This article provides more information.<\/p>\n\n\n\n
Binance launched an industry-first 'Global Law Enforcement Training Program.' The program will connect law enforcement worldwide to seek out malicious actors in the crypto world. Further, the program is designed to assist law enforcement in prosecuting these actors who exploit digital assets<\/li>
This law enforcement training program came into effect due to increased rates of cryptocurrency scams. The exchange platform believes this program will improve working hand-in-hand with law enforcement and regulators across the globe.<\/li>
Binance exchange carried out an extensive workshop<\/a> in the past year to orientate authorities in different countries regarding this program. These countries include Argentina, Brazil, Canada, France, Germany, Israel, Netherlands, Philippines, Sweden, South Korea, and the U.K.<\/li>
Binance reported that its investigation team has responded to over 27,000 law enforcement requests since 2021. In addition, Binance has also worked closely with international regulatory agencies, addressing important compliance issues such as anti-money laundering.<\/li>
The Binance Investigation Team has scored recent victories against crypto crimes. 0n September 3, the CEO of Binance, CZ, revealed that the Investigation team had identified two suspects<\/a> involved in a $265,000 theft from KyberSwap. He further announced<\/a> that Binance is making a resumed effort with the U.S. Department of Justice to return over 100,000 ETH stolen from over 170,000 victims of Centra Tech Fraud.<\/li><\/ul>\n","post_title":"Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-new-law-enforcement-programs-to-detect-crypto-crimes","to_ping":"","pinged":"","post_modified":"2022-10-03 15:07:02","post_modified_gmt":"2022-10-03 04:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7450","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7331,"post_author":"7","post_date":"2022-09-25 13:31:17","post_date_gmt":"2022-09-25 03:31:17","post_content":"\n
Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel industry is ready to implement Web 3.0 and change customers\u2019 traveling experiences for good.<\/p>\n\n\n\n
The travel industry has witnessed an excellent customer base and market size increase. In the early 90s, there were about 1.2 billion airline passengers with a market valuation of $250 billion. However, with the invention of the internet, the industry is home to more than 5 billion airline passengers with an over $500 billion <\/a>market<\/a> size<\/a>.<\/li><\/ul>\n\n\n\n
Implementing a new method of purchasing and managing your tickets is worth considering. An example is the blockchain company, TravelX working actively to tokenize flight tickets. The co-founder of TravelX, Facundo Diaz believes that Web3 technologies can expand the travel industry and market size.<\/li><\/ul>\n\n\n\n
Facundo Diaz also claims NFTickets<\/a> can become a game changer in how travelers see their tickets. In an emergency, travelers can auction, sell, trade, and transfer tickets with a peer-to-peer<\/a> transaction. This innovation will enable travelers to manage their tickets as they deem fit.<\/li><\/ul>\n\n\n\n
He further explained that airlines could see a revenue increase when customers resell their tickets in the secondary market. Using a smart contract<\/a>, airlines could collect a percentage share when passengers resell their tickets to other passengers. According to Diaz, the implementation is underway with their first layer of infrastructure for other travel industry players to build Web3 solutions. <\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Zilliqa Prepares To Launch Web3 Gaming Console<\/a><\/p>\n","post_title":"How Can Web3 Revolutionize The Travel Industry?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-can-web3-revolutionize-the-travel-industry","to_ping":"","pinged":"","post_modified":"2022-09-25 13:32:47","post_modified_gmt":"2022-09-25 03:32:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7331","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7311,"post_author":"7","post_date":"2022-09-24 22:24:15","post_date_gmt":"2022-09-24 12:24:15","post_content":"\n
Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023. <\/p>\n\n\n\n
The gaming industry generated about $110 billion in gaming consoles. Statistics<\/a> indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.<\/li><\/ul>\n\n\n\n
Zilliqa console integrates web3 features such as crypto wallets and mining<\/a>. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console <\/a>comes equipped with standard i\/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.<\/li><\/ul>\n\n\n\n
Traditional play-to-earn<\/a> games often face sustainability issues regarding their tokenomics<\/a>. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.<\/li><\/ul>\n\n\n\n
Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Gala\u2019s Web3 Game GRIT Now Easily Accessible to Epic Games Store\u2019s 194M+ Players<\/a><\/p>\n","post_title":"Zilliqa Prepares To Launch Web3 Gaming Console","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zilliqa-prepares-to-launch-web3-gaming-console","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/play-to-earn\/","post_modified":"2023-04-10 18:53:05","post_modified_gmt":"2023-04-10 08:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7311","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7308,"post_author":"7","post_date":"2022-09-24 20:12:47","post_date_gmt":"2022-09-24 10:12:47","post_content":"\n
Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities laws. Yet, many believe Ripple winning this case can have a \"ripple effect\" in the cryptocurrency market.<\/p>\n\n\n\n
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of selling $1.3 billion in unregistered securities since 2013. This allegation led to Ripple's decline in price and trading activities in the market ($XRP).<\/li><\/ul>\n\n\n\n
The CEO of Ripple, Brad Garlinghouse, described this allegation<\/a> against Ripple as \"an assault on crypto at large.\" He reasoned that since Ripple is a proxy for other altcoins, such an allegation ruins the reputation of firms working with digital assets.<\/li><\/ul>\n\n\n\n
Ripple has recently been gaining tactical wins over SEC in recent court cases. Many experts believe that subsequent proceedings may turn the tides in favor of Ripple. Recently, the Chamber of Digital Commerce (CDC), is granted the status of acting as an amicus curiae in this case.<\/li><\/ul>\n\n\n\n
Reacting to the amicus curiae status, SEC filed a motion to the court to allow more amicus briefs. However, Ripple strongly objected<\/a> that it was yet another attempt to delay the case's resolution. Consequently, the presiding judge, Analisa Torres, rejected the motion.<\/li><\/ul>\n\n\n\n
Experts believe that with the CDC acting as an amicus curiae, subsequent court rulings will favor Ripple Firm. This legal victory could potentially turn the crypto market condition bullish.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n","post_title":"Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ripple-vs-sec-how-the-outcome-can-affect-the-cryptocurrency-market","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/iso20022-compliant-cryptocurrencies\/","post_modified":"2022-09-24 20:19:02","post_modified_gmt":"2022-09-24 10:19:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7279,"post_author":"7","post_date":"2022-09-22 16:39:02","post_date_gmt":"2022-09-22 06:39:02","post_content":"\n
GRN Grid, a green energy-focused blockchain, announced<\/a> that it had secured a $50 million investment from Bahamas-based venture capital firm GEM Digital on September 19, 2022, in Switzerland. <\/p>\n\n\n\n
GRNGrid is a layer 1<\/a> blockchain that is environment-friendly and scalable. It allows users to select only nodes<\/a> powered with renewable energy to verify transactions. GRNGrid is introducing its Proof of Stake v2. Its design tackles crypto whales and implements a fairer distribution. This staking consensus will provide better security, enhanced decentralization, and better financial sustainability.<\/li><\/ul>\n\n\n\n
Also, according to the blockchain firm\u2019s whitepaper<\/a>, \u201cThe renewable nodes are certified for users to choose from, while the firm enforces specific requirements on validators\u2019 hardware.\u201d<\/li><\/ul>\n\n\n\n
After the announcement on September 19, 2022, GRNGrid native token<\/a>, GRN Grid ($G), has significantly doubled in price, according to Coingecko<\/a>. This native token will govern the blockchain by staking to validate and earn rewards. Also, with an inbuilt decentralized exchange called Exnode, investors and users can provide liquidity<\/a> to sustain the ecosystem.<\/li><\/ul>\n\n\n\n
GRNGrid has been handling environmental projects such as ReCharge. This project ensures its validators repurpose their hardware and cut back on electronic waste. The new funding from GEM digital will be invested to further connections with top crypto Exchanges. It will also add new global professional partnerships and expand on its blockchain technology and infrastructure. The future of cryptocurrency looks green.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Crypto Mining Is a Threat To The U.S. Climate Commitments And Goals, White House Appraised<\/a><\/p>\n","post_title":"A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-better-time-to-go-green-grn-grid-secures-a-multi-million-dollar-investment-from-gem-digital","to_ping":"","pinged":"","post_modified":"2022-09-22 18:02:23","post_modified_gmt":"2022-09-22 08:02:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7279","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7276,"post_author":"7","post_date":"2022-09-22 16:09:33","post_date_gmt":"2022-09-22 06:09:33","post_content":"\n
Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. <\/p>\n\n\n\n
The Virtual Asset Regulatory Authority (VARA) recently granted a Minimal Viable Product (MVP) license to the Binance exchange. This license is a significant accomplishment after Binance's registration to operate in countries in the Middle East, North Africa, and Europe.<\/li><\/ul>\n\n\n\n
VARA's chairman, H.E. Helal Saeed Almarri said, \"we are pleased to have Binance licensed to operate within the VARA MVP program.\" He further explained that the VARA regime balances value creation and risk mitigation<\/li><\/ul>\n\n\n\n
This MVP license means that Binance is fully operational to provide virtual-related services to retail and institutional traders in Dubai. These services include virtual asset exchange services, virtual token offerings, virtual management assets, and trading services.<\/li><\/ul>\n\n\n\n
Binance can also provide local banking services under the VARA program. This initiative will ensure high safety and security measures for customers in Dubai. Changpeng Zhao, founder, and CEO of Binance, commented that The VARA program sets a standard for the global industry. These standards include acknowledging and accepting cryptocurrency-related activities. CZ also believes that this license will enable Binance to develop consistent implementation standards worldwide, just as in Dubai.<\/li><\/ul>\n\n\n\n
The VARA program has introduced regulations relating to cryptocurrency. In addition, under the VARA program, a new metaverse strategy<\/a> announced on Twitter aimed at generating about $4 billion for the economy. The prime minister who made this announcement explained that this venture would generate about 40,000 virtual jobs and contribute to the crypto industry's growth.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Italy\u2019s Registration Has Been Approved<\/a><\/p>\n","post_title":"Binance Granted Minimal Viable Product In Dubai","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-granted-minimal-viable-product-in-dubai","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/binance-italys-registration-has-been-approved\/","post_modified":"2022-09-22 16:17:30","post_modified_gmt":"2022-09-22 06:17:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7276","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

Business

Adoption

Haas F1 Team Partners with OpenSea for NFTs

The only American-owned team racing in the FIA Formula 1 World Championship, Haas F1 Team, announced a partnership with OpenSea, ...

by Joshua Olatunji
November 5, 2022

Blockchain

Offchain Labs Buys Prysmatic Labs, A Company That Assisted The Merge

The parent company of Arbitrum, Offchain Labs, announced the acquisition of Prysmatic Labs in a blog post. The purchase is ...

by Joshua Olatunji
October 15, 2022

Business

Celsius To Spend $5 Million On An Independent Examiner

According to a work plan filed by Shoba Pillay, the court-appointed examiner in Celsius’ bankruptcy case, the overall costs for ...

by Joshua Olatunji
October 14, 2022

Blockchain

Ripple Labs Partner With Thallo To Develop Carbon Credit Marketplace

Web3 startup Thallo announced a partnership with Ripple Labs, the developers behind XRP, and 22 other partners to launch a ...

by The Distributed Team
October 8, 2022

Blockchain

Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes

Binance, the world's largest cryptocurrency exchange, has introduced a new and dedicated law enforcement program to detect and combat financial ...

by Olusegun Adesua
September 28, 2022

Blockchain

How Can Web3 Revolutionize The Travel Industry?

Web 3.0 is seeing massive adoption in various industries across the world. With its unique design and features, the travel ...

by Olusegun Adesua
September 25, 2022

Business

Zilliqa Prepares To Launch Web3 Gaming Console

Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming ...

by Olusegun Adesua
September 24, 2022

Business

Ripple vs. SEC: How The Outcome Can Affect The Cryptocurrency Market

Ripple and the US Securities and Exchange Commission have been in a two-year legal tussle over allegations of breaching securities ...

by Olusegun Adesua
September 24, 2022

Blockchain

A Better Time To Go Green, GRN Grid Secures A Multi-Million Dollar Investment From GEM Digital

GRN Grid, a green energy-focused blockchain, announced that it had secured a $50 million investment from Bahamas-based venture capital firm ...

by Olusegun Adesua
September 22, 2022

Business

Binance Granted Minimal Viable Product In Dubai

Binance, the world's largest cryptocurrency exchange, has been granted a Minimal Viable Product license in Dubai. The Virtual Asset Regulatory ...

by Olusegun Adesua
September 22, 2022

Previous 1 … 12 13 14 15 16 … 20 Next

Most Read

Adoption

Haas F1 Team Partners with OpenSea for NFTs

November 5, 2022 - Updated on November 7, 2022

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

About The Distributed

Terms

Contact

Privacy

Editorial

Careers

RSS Feed

© 2023 The Distributed

No Result

View All Result

Cryptocurrencies

Adoption

Altcoins

Bitcoin

Blockchain

Business

Decentralized Finance

Ethereum

Hacks

Crypto Markets

NFTs

Regulation

Scams

Stablecoins

Finance

Banking

Central Banks

Financial Markets

Technology

Artificial Intelligence

Cyber Security

Metaverse

Web3

Learn

The Coins

The Future

The Innovations

The Technology

Tools

Cryptocurrency Market

Stock Market

Economic Calendar

Research

Reviews

Exchanges

Wallets

Headlines

About Us

Contact Us

© 2023 The Distributed

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.