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Trust Machines: Changing Bitcoin’s Narrative by Adding More Utility to the Legacy Chain
24.8.2022
Bitcoin (BTC) is speedily moving away from its age-old narrative of being a “store of value” as emerging solutions accelerate the network’s expansion into previously uncharted territories. While dozens of second and third-generation blockchains have aggressively expanded their use-cases, especially...
Celsius calls out Prime Trust in court, alleging firm didn't turn over $17M in crypto
23.8.2022
"Prime Trust was obligated under the Bankruptcy Code to deliver all property belonging to Celsius [...] including these remaining crypto assets," said Celsius' legal team
Bankrupt Crypto Lender Celsius Sues Prime Trust Over $17M in Tokens
23.8.2022
The dispute stems from a trove of assets held by Prime Trust for Celsius customers in New York and Washington
PayPal Partners With Coinbase-Backed TRUST Network
23.8.2022
PayPal recently announced a strategic partnership with TRUST Network. Backed by Coinbase, Travel Rule Universal Technology is an industry-driven solution. The integration will help PayPal to increase compliance while maintaining optimal customer privacy and security. Seeing PayPal’s market stature...
Paypal adds to list of crypto heavy hitters on the TRUST network
23.8.2022
Paypal has stepped up its regulatory compliance by joining TRUST to streamline its reporting requirements relating to the digital assets “travel rule.”
The BlackRock Trust: Crypto Legitimacy or the Beginning of the End for Bitcoin?
18.8.2022
Brazilian Crypto Investment Platform Bluebenx Stops Withdrawals Under Hack Allegations
14.8.2022
Bluebenx, a Brazil-based cryptocurrency investment platform, suspended withdrawals last week due to an alleged hack that made the company lose more than $31 million. The company announced that the withdrawals would be stopped for at least six months. The company has been investigated by...
World’s Largest Asset Manager Blackrock Launches Bitcoin Private Trust Citing ‘Substantial Interest’ From Clients
12.8.2022
The world’s largest asset manager, Blackrock, has launched a spot bitcoin private trust. “Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients,” said Blackrock. Blackrock Launches Bitcoin Trust...
BlackRock announces the launch of a new private spot Bitcoin trust
11.8.2022
The move comes one week after its partnership with Coinbase to provide institutional clients with crypto trading access
Why Real-World Utility Tokens Are Taking the Meme Coin Community According to Chronoly
11.8.2022
PRESS RELEASE. The recent cryptocurrency market crash has shaken the trust of investors in several crypto projects. Investors are prompted to rethink and reevaluate the fundamental aim of digital currencies they have invested in. In fact, the crash has proved to be more severe for cryptocurrency...
World Gold Council Exec Believes Blockchain Technology Will Bolster Trust in the Gold Industry
8.8.2022
The World Gold Council’s (WGC) head of global sales and regional CEO, Joe Cavatoni, explained on Friday that he believes the gold industry will integrate with blockchain technology in order to “help the industry standardize reporting.” Cavatoni spoke about the London Bullion...
Meta Expands Instagram’s NFT Rollout to 100 Countries — Platform Connects With Third Party Web3 Wallets
5.8.2022
In a blog post called “Introducing Digital Collectibles to Showcase NFTs on Instagram,” the parent company of Facebook, Meta, announced the company has started an “international expansion to 100 countries.” The company also revealed integrations with specific Web3...
Filecoin Lacks Investors’ Trust; Will FIL Price Soar Again?
27.7.2022
Filecoin addresses a problem that could emerge in the future since cloud storage is a free service from most online technology companies, be it Adobe, Google, Facebook, Gmail, YouTube, or other tech firms. The storage of data in these firms is centralized, which can be accessed by these firms...
Fans seek trust and better understanding of sports NFT market: Research
23.7.2022
The prolonged crypto winter razed off the inflated floor prices across the NFT ecosystem, inadvertently changing investor sentiment and forcing users to rethink their long-term investment strategies
Bitcoin Non-Profit ₿trust Launches Africa Open Source Cohort; Names First Developer
21.7.2022
Jack Dorsey and Jay-Z funded Bitcoin non-profit welcomes its founding member Vladimir Fomene. He will contribute to the Bitcoin Development Kit and the Swahili Wordlist
A mandate for blockchain businesses is to rebuild global trust
9.7.2022
Given the tumultuous times for humanity, blockchain must be mandated not as an alternative but as an incumbent to enable confidence and build trust
Study: AUM of Crypto Investment Products at Record Lows in June, Trust Products Garner Lowest Total Since December 2020
2.7.2022
The latest data from Cryptocompare shows that assets under management (AUM) of crypto investment products reached record lows during the month of June. The data also shows 21 Shares Short Bitcoin ETP as the only digital investment product that registered a positive 30-day return (30.8%) as of June...
Japanese Trust Banks Likely to Gain Permission to Handle Crypto from Autumn
2.7.2022
Japan is set to allow trust banks to manage cryptoassets – after a top financial regulator announced plans to roll out legislation that could become legally binding later this year.
The newspaper Nikkei reported that the Financial Services Agency (FSA), the body that polices both the banking...
Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection
30.6.2022
Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to convert the Grayscale Bitcoin Trust to a spot bitcoin...
Bitcoin App Developer Trust Machines Hires Coinbase, BNY Mellon Veterans
30.6.2022
Trust Machines has hired Manas Mohapatra and Asiff Hirji, formerly of BNY Mellon and Coinbase respectively, in legal and advisory roles