Polygon has just launched a new self-sovereign, zero-knowledge proof (ZKP) identity service. Called Polygon ID, the solution will enable users to verify their credentials and identity without ever revealing any personal information. The solution aims to front-run the know-your-customer (KYC) regulation that will put incredible pressure on cryptocurrency companies around the globe. A decentralized solution …
Continue reading “A look at Polygon ID, a new zk-proof based Web3 identity solution”
The dawn of the metaverse raises new questions about user protection and data-driven advertising. This new world is hinging on immersive technology that could allow companies to collect new kinds of personal information and even biometric data. To read the rest of this article, sign in or join CryptoSlate Edge. Get an Edge on the …
Continue reading “How decentralized identities can save us from surveillance capitalism in Web3”
A major cryptocurrency exchange in the UAE, Bitoasis, has obtained provisional approval from Dubai’s new cryptocurrency regulator. Binance and FTX have also been green-lighted by the regulator. Bitoasis Pursuing License From Dubai’s New Crypto Regulator Bitoasis, a major crypto exchange founded and headquartered in Dubai, announced Wednesday that it has received “provisional approval” from Dubai’s …
The deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A climate of change,” Delgado explained that the continued and extended use of cryptocurrencies might bring different kinds of risks to the 12% …
On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that backed seed stage founders. Gumi Cryptos Capital Reveals Fund II — Firm Will Invest $110 Million Into early-Stage Blockchain Startups The …
Continue reading “Gumi Cryptos Reveals $110 Million Fund Targeting Early-Stage Blockchain Startups”
The UK’s Financial Conduct Authority (FCA) released a notice in 2019, condemning all crypto businesses to comply with their AML/CFT rules by 9 January 2021 and acquire their licenses. However, by December 2020, this deadline was still far from being met. Therefore, the FCA established a Temporary Registration Regime (TRR) so that crypto-asset firms who …
Continue reading “FCA angers lawmakers by extending crypto compliance deadlines”
Luna Foundation Guard has doubled down on its Bitcoin (BTC) strategy after purchasing an additional 2,943.00002511 BTC for $139 million. Data from block explorer Blockchain.com shows the company’s wallet received the BTC in five transactions. Two of these transactions carried 2,943 BTC. Following these purchases, the wallet’s balance rose to 30,727.97959166 BTC. According to Blockchain.com, …
Continue reading “Luna Foundation Guard (LFG) buys an additional 2,943 BTC for $139M”
A couple of days ago, we published an article on Planetwatch. In it, I toyed with the idea of a crypto mining super box that could mine different cryptocurrencies. Well, a few hours after it went live, I received an email from a reader informing me that there was indeed such a device. It is …
Continue reading “From April you can mine BTC, HNT and MXC from a 4W handheld device”
sponsored PRESS RELEASE. Yield App, one of the rising and most trusted digital wealth platforms, recently underwent a thorough ‘proof of reserves’ audit. The inspection was conducted by Armanino LLC, the firm responsible for auditing Kraken – one of the largest and most trusted cryptocurrency exchanges in the world. Yield App passed the audit with …
CME Group, one of the world’s largest derivatives marketplaces, has launched micro-sized bitcoin and ether options. “The launch of these micro-sized options builds on the significant growth and liquidity we have seen in our micro bitcoin and micro ether futures,” said a CME executive. CME Now Offers Micro Bitcoin, Ether Options CME Group announced Monday …
Continue reading “Leading Derivatives Exchange CME Group Launches Micro Bitcoin and Ether Options”
Billionaire Mike Novogratz says he is much more optimistic about the crypto market now than he was a month ago. He explained that bond sell-offs and increased crypto adoption have boosted the prices of cryptocurrencies, particularly bitcoin. “I think you are going to see the Democrats taking a softer stance,” he added. Mike Novogratz Expects …
The International Monetary Fund (IMF) says a lot more work needs to be done on crypto regulation. “We’ve certainly seen an increase in the use of cryptocurrencies before this war, and we’ve seen it happen more in emerging markets than in others,” said the deputy managing director of the IMF. IMF Chief Kristalina Georgieva Pushes …
Continue reading “IMF: We Need a Lot More Work Done on Crypto Regulation”
› Metaverse The term ‘metaverse’ has become increasingly prevalent within the context of the cryptocurrency market, mainly since Facebook’s rebrand to ‘Meta’ in late 2021. 6 min read Updated: March 30, 2022 Cover art/illustration via CryptoSlate Go to Source
Anyone who seeks to help Russia bypass economic sanctions will be held accountable by the US government, says Deputy U.S. Treasury Secretary Wally Adeyemo. This follows the punitive measures that the US and its allies have imposed on Russia for its decision to invade Ukraine. Treasury Department warns anyone against helping Russia bypass sanctions Since …
Continue reading “U.S. warns crypto firms against helping Russia: “We will hold you accountable””
The Bitcoin community is reacting strongly to calls by environmental NGO Greenpeace and Ripple Co-founder Chris Larsen for a change in the consensus model of the digital asset. Larsen’s Ripple association gives concern Larsen, the chairman of Ripple, donated $5 million to a Greenpeace Campaign seeking to change the Bitcoin code. The “Change the Code, …
Continue reading “Crypto community attacks Greenpeace Bitcoin demands to migrate to PoS”
