TransUnion, one of the three major United States credit reporting agencies, announced April 20 that it would begin supplying credit scoring to public blockchain networks. Off-chain credit data have not previously been available to Web3 and decentralized finance (DeFi) applications. In the new TransUnion service, credit information will be made available to decentralized applications, or Dapps, at the consumer’s request.…
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Krafton, the South Korean studio behind breakout battle royale shooter PUBG: Battlegrounds (originally PlayerUnknown’s Battlegrounds), hasn’t forgotten about the metaverse. In fact, its planned Web3 metaverse game platform—tentatively called Migaloo—is still in the works and now slated to launch sometime this year. Krafton and South Korean augmented reality firm…
Though a crypto-focused regulatory framework still needs approval from the European Council before final passage, many in the space have reacted positively to the Markets in Crypto Assets, or MiCA, bill moving forward. On April 20, the European Parliament voted to pass MiCA after two delays starting in November 2022. The crypto framework aims to create a consistent regulatory framework…
Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April 20 at block height 786,240. The network’s difficulty now stands at 48.71 trillion, marking a 22.62% increase over the last 55 days since block height 778,176. Bitcoin’s Difficulty Has Risen More Than 22% Since Block Height 778,176 In less than…
A pair of computer science researchers recently published pre-print research indicating that the nascent cryptocurrency market is beginning to show a level of maturity similar to the traditional equities market. Dubbed “Collective dynamics, diversification and optimal portfolio construction for cryptocurrencies,” the paper was written by Dr. Nick James, a fellow at the University of Melbourne’s Centre for Data Science, and…
gm: Arthur Hayes Says Crypto Failures Are A Sign of The System Cleansing Itself Arthur Hayes says the speed at which projects like Terra grow and implode is a feature of the crypto industry, not a bug. He founded crypto exchange Bitmex in 2014 and then became the original crypto bad boy. In 2021 the DOJ charged him in with…
According to a report published by the Hong Kong Stock Exchange (HKSE), two Bitcoin (BTC) exchange-traded funds (ETF) and an Ethereum (ETH) ETF listed on HKSE averaged 9.30 million Hong Kong dollars ($1.19 million) in daily trading volume from Dec. 16, 2022, to Feb. 7, 2023. As the first region in Asia to provide such access to crypto ETF products, Hong…
Among the original artworks by Matisse and Picasso, visitors to Paris’ famed Centre Pompidou can now find a unique new exhibit: a CryptoPunks NFT. It’s part of a new exhibition titled “Policies of the Immaterial: From Certificate to Blockchain,” exploring the relationships between blockchain and artistic creation. Running until January 2024, the exhibition features work from 13 French and international…
press release PRESS RELEASE. SINGAPORE – SAI.TECH Global Corporation, a clean-tech company specializing in Bitcoin mining, heating, and power industry, hosted its virtual corporate annual conference, SAITIME 2023 on April 20th at 08:30 EST. The virtual conference was hosted by founder & CEO Arthur Lee and was live-streamed on YouTube and Zoom. Live tweets and discussions were also hosted on…
Binance is under investigation in Brazil by the Federal Prosecutor’s Office and Federal Police, according to a report in Valor Econômico newspaper. The cryptocurrency exchange has allegedly been helping clients evade a stop order on cryptocurrency derivatives investments. According to the newspaper, the Brazilian Securities and Exchange Commission (SEC) reported to the Attorney General of the State of São Paulo…
