Cointelegraph By Arnold Kirimi
BNY Mellon, a major investment bank, is developing a digital asset custody platform that would allow institutional customers to gain crypto exposure.According to a report from City A.M., customers will be able to store the world's most popular cryptocurrencies, Bitcoin (BTC) and Ether (ETH), in BNY Mellon crypto...
zkSync, a provider of zero-knowledge blockchain solutions, has announced the successful deployment of its Rollup protocol on the Ethereum (ETH) testnet. The deployment is seen as a positive development by proponents of Ethereum, as it removes the need for human operators to validate transactions.Last year, the creators of zkSync...
The Bank of Jamaica revealed the name of its upcoming central bank digital currency (CBDC) after a design competition, only to receive backlash from the local crypto community. The central bank of Jamaica announced on Twitter that it had chosen the name "Jam-Dex" along with the tagline and logo for...
Metaverse startup Portals has raised fresh funds to finance its browser-based metaverse that allows people to enter without virtual reality (VR) equipment.Portals co-founder Adam Gomez told Cointelegraph that a browser-based platform lowers the barrier to enter metaverse for many people. Simply clicking a link would allow users to...
In response to institutional investors' concerns about the risks of trading in a new asset class, TMX Group, Canada's major stock market operator, has revealed plans to launch its first-ever crypto futures product.While speaking to Reuters, TMX Group's John McKenzie said that the firm plans to release the...
Many religious denominations now offer interactive digital locations to supplement traditional services, but unique to COVID-19 is the opportunity to experience spirituality in an immersive 3D environment through virtual reality (VR) technology.As per a report by NZ Herald, Garret Bernal and his family were reportedly absent from a...
On Tuesday, Singapore-based crypto exchange, Bybit, announced a new partnership with digital assets institution Cabital for the euro (EUR )and British pound sterling (GBP) on-ramp integration. Bybit crypto exchange platform users can now use EUR and GBP to buy cryptocurrency directly on the system through Cabital's fiat on-ramp solution,...
Singapore has seen a tenfold increase in crypto-related investments last year worth $1.48 billion, up from $110 million in 2020, according to KPMG's Pulse of Fintech report.As per the study, the city-state has long been recognized as a center of cryptocurrency activity, with over $1.48 billion in investment...
Binance CEO Changpeng “CZ” Zhao has alerted the crypto community against a “massive” SMS phishing scam targeting Binance customers.Tweeting on Friday, CZ alerted users of a phishing scam campaign directed at Binance users through SMS.There is a massive Phishing scam via SMS with a link to cancel withdrawals....
Google has started researching blockchain and how it may benefit Web 3.0 technology.According to a Tuesday statement from Sundar Pichai, the CEO of Alphabet — Google's parent company — the company is exploring integrating blockchain technologies into its flagship products and services.When asked how the firm views Web3,...