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2022-09-30 05:40:02 Chainlink Partner with SWIFT for Cross-Chain Proof-of-Concept

Smartcon 2022: Decentralized oracle provider Chainlink announces partnership with international payment messaging network, the Society for Worldwide Interbank Financial Telecommunication (SWIFT). The trial will see SWIFT make cross-blockchain token transfers using the Cross-Chain Interoperability Protocol (CCIP).

Chainlink’s relationship with SWIFT began after it won a startup challenge hosted by SWIFT and developed a proof-of-concept system for successful bond issuance and redemption. While cross-chain bridges already allow token transfers between blockchains, they can pose significant security and user experience challenges. According to Chainalysis, compromised bridges accounted for more than $2 billion in lost funds in the first three quarters of 2022.

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2022-09-29 16:16:02 1 MORE DAY TO @AffynOfficial BIG UNVEILS!!! This is one of the most severely undervalued projects that I believe will become the Number 1 blockchain Metaverse in the entire industry.

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2022-09-29 15:15:31 Breaking: Do Kwon Linked 3,313 Bitcoin To Be Seized? S. Korea Deepens Probe
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2022-09-29 05:38:02 Do Kwon, Luna Foundation Guard Deny Link to $62M in Bitcoin Sought by Authorities

South Korean authorities are seeking to freeze more than $60 million worth of Bitcoin linked to Terra co-founder Do Kwon, several outlets reported. The request was reportedly lodged with crypto exchanges OKX and KuCoin, in relation to some 3,313 Bitcoin, worth around $62 million at current prices.

Although prosecutors declined to say why they believe the bitcoin is linked to Kwon, research from analytics platform CryptoQuant has suggested that the funds were transferred by the Luna Foundation Guard (LFG) on September 15, the day after a Korean court issued an arrest warrant for Kwon. LFG is a Singapore-based organization erected to support the growth of the Terra ecosystem. Its members include Terra co-founder Do Kwon.

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2022-09-28 05:49:02 Crypto Lender Nexo Hit With Enforcement Actions From Eight States

State securities regulators in California and several other states took action against Nexo Group, the parent company of crypto lender Nexo, on Monday, calling the company’s Earn Interest Product an unregistered security. The DFPI release mentions Nexo’s interest rates of up to 36%.

Nexo CEO Antoni Trenchev told Decrypt in a text message that the company has been working with federal and state securities regulators to make its Earn Interest products compliant. Nexo is committed to finding a clear path forward for the regulated provision of products and services in the US, ideally on a federal level,” said Trenchev.

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2022-09-27 06:06:02 ATOM 2.0 whitepaper to be revealed during Cosmoverse, token up 25% in September

The whitepaper for the revamped ATOM 2.0 upgrade will be revealed today, Sept. 26, during the first day of the Cosmoverse conference in Medellin, Colombia. Cosmos validator and Osmosis copywriter Emperor Osmo released a list.

Footage from Medellin shows a party atmosphere with no signs of a bear market in sight. The upbeat environment is indicative of the general sentiment around the Cosmos ecosystem. For example, a VanEck report in August entitled “Why We’re Bullish on ATOM” arrived at a $140 price target for ATOM by 2030. Cryptocito, a content creator within the Cosmos ecosystem, predicts that ATOM 2.0 will tackle tokenomics, fee burns, and inflation.

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2022-09-26 16:59:34 Bitcoin Breaking pinned a photo Open / Comment

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2022-09-26 05:14:02 Digital Asset Exchange Platform Granted 'Crypto Financial Services Provider License' by Israeli Regulator

An Israeli capital markets regulator, the Insurance and Savings Capital Market Authority, recently granted a “crypto financial services provider license” to Bits of Gold, the first such license for an active company in the country. This license allows Bits of Gold to offer crypto custodian services and to enable the safekeeping of funds belonging to retail customers.

Israel, the country’s capital markets regulator, the Insurance and Savings Capital Market Authority (ISACA) recently granted Bits of Gold a “crypto financial services provider license.” This license enables the crypto exchange platform to “offer custodian services” as well as to allow “its retail customers to keep their funds safely and insured” via a wallet application that will be launched sometime in October.

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2022-09-25 05:58:02 Nakamoto almost opted to name Bitcoin as Netcoin, domain data reveals

Satoshi Nakamoto, the anonymous founder of Bitcoin (BTC), might have had a different idea regarding assigning the name to the flagship cryptocurrency. In particular, historical domain registration data shows that Bitcoin.org, the website linked to the original Bitcoin, registered on August 18, 2008, could have been named Netcoin.org.

The two domains were registered under AnonymousSpeech, a service that allowed users to buy domain names anonymously. Further research indicated that no content was ever posted on the Netcoin.org domain before being repurchased by another user. It is worth pointing out that the decision to retain the name Bitcoin might have been crucial to the success of the cryptocurrency, helping minimize the number of individuals claiming to be Satoshi Nakamoto. For instance, Australian Computer scientist Craig Wright has long stressed that he is Nakamoto.

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