Blockchain

A decentralized Metaverse platform, The Sandbox, will partner with security solution provider Ledger Enterprise to develop security integration for its partners. The latter will get their nonfungible token (NFT) collections migrated to the Ledger wallet.  The Sandbox announced a partnership in its official blog on Apr. 23. The collaboration will include several initiatives. The Sandbox
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The swift rise of artificial intelligence (AI)– generated art has shaken creatives across various industries. While many have highlighted copyright infringement issues involving AI-generated art, not all artists are against the fusion of AI and their intellectual property.  According to a tweet from Canadian musician and producer Grimes, she says will treat AI creators using
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The federal financial regulatory agency of the United Arab Emirates (UAE) has announced that it will start receiving licensing applications for firms that want to provide virtual asset services within the country.  The Securities and Commodities Authority (SCA) said in a press release that all virtual asset service providers (VASPs) operating in the country must
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The United States House Committee on Financial Services a.k.a the Financial Services Committee will hold a hearing on April 19 to discuss stablecoins’ position as a means of payment and whether or not the ecosystem needs supporting legislation. The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in
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Blockchain security tech firm BlockSec has launched a new toolkit that enables collaborative testing on private chains “forked from arbitrary (transaction) positions” and block numbers on the Ethereum mainnet. The developer and security researcher-focused toolkit is dubbed the “Phalcon Fork” and was launched by BlockSec on April 14. We’re thrilled to introduce Phalcon Fork, a
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Hong Kong-based digital asset firm HashKey Group has launched a new wealth management platform geared toward professional and institutional investors. In an April 14 announcement, HashKey cited “significant demand from investors to access virtual assets” as the reason for its move into the wealth management space. Deng Chao, the CEO of the group’s venture capital
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The success of Web3 is dependent upon solutions to the security issues posed by distinct application structures. Web3 security companies are responsible for ensuring that blockchain-based platforms and applications are protected from cyber threats. These companies offer a variety of services, including smart contract auditing, security testing and incident response. PureFi, a decentralized finance (DeFi)
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The French government is seeking public comment on the metaverse, or what it’s calling the “virtual immersive universe,” to shape “a French strategy” for the up-and-coming sector and offer an alternative to the “international giants.” On April 11, France’s Directorate General for Enterprise issued a consultation calling upon companies, associations, citizens and researchers to answer
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Japan-based decentralized autonomous organization (DAO) Sushi’s head chef Jared Grey and his counsel stated that as far as they know, no one associated with Sushi has violated U.S. federal security laws, while providing reassurance that he is cooperating with the United States Securities and Exchange Commission (SEC) subpoena. In an April 8 statement, Grey answered the
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