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2024.10.21 16:19



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Ellison gets two years for involvement in FTX crypto scandal

Caroline Ellison has received a two-year prison sentence for her role in the demise of the cryptocurrency exchange FTX, which is regarded as one of the most serious financial frauds in US history.

Ellison, 29, was a top executive at FTX and the former girlfriend of the company's founder, Sam Bankman-Fried, who is now serving a 25-year prison sentence for embezzling more than $8 billion from customers.

Ellison pleaded guilty to several offences, including wire fraud and

8 October 2024 | Blockchain

Kamala Harris urges US to lead in blockchain, highlighting ‘digital assets’

US VP Kamala Harris has expressed her support for cryptocurrency protection, emphasising the importance of the US' leadership in blockchain, artificial intelligence, and other emerging technologies.

Harris emphasised the importance of investing in the country's biomanufacturing, aerospace, and clean energy industries while maintaining a leadership position in AI, quantum computing, and blockchain. Speaking during a September 25 speech at The Economic Club of Pittsburgh, she

30 September 2024 | Blockchain

Ripple partners with DIFC Innovation Hub to accelerate blockchain adoption in Middle East

Ripple, a provider of enterprise blockchain and crypto solutions, plans to partner with the DIFC Innovation Hub, the thriving innovation ecosystem of the Dubai International Financial Centre (DIFC), to accelerate blockchain and digital assets innovation in the UAE.

The new partnership will connect the next generation of developers with the DIFC Innovation Hub, the largest innovation community in the region and home to more than 1,000 growth-stage tech firms, innovation companies,

28 August 2024 | Blockchain

Humans.ai snaps up Starfish Technologies to drive blockchain innovation

European artificial intelligence and blockchain technology provider, Humans.ai has acquired Starfish Technologies, inventor of TensorChain and part of Home of Prodigy, in a cash and shares deal.

This acquisition marks a significant step forward in the development of TensorChain, a ground-breaking innovation designed to revolutionise the way blockchain handles artificial intelligence deployment through the power of tensor-based operations.

Starfish Technologies is a

27 August 2024 | Blockchain

Gate Ventures and Abu Dhabi launch a $100m global Web3 innovation fund

Gate Ventures, the investment arm of cryptocurrency exchange Gate.io, has partnered with the Blockchain Center in Abu Dhabi to launch a $100 million fund to drive Web3 innovation in the coming years.

Named Falcon Gate Ventures, this new fund will focus on advancing decentralised infrastructure and applications while accelerating the adoption of pioneering technologies worldwide.

The fund will primarily support high-potential projects across critical regions, including

20 August 2024 | Blockchain

Tokenovate collaborates with Land Carbon to design tokenised high integrity carbon credits

Tokenovate, a trading lifecycle management platform company, has collaborated with Land Carbon, a UK developer representing multiple peatland carbon management project owners.

This project exemplifies Tokenovate's strategic focus on the carbon credit space with respect to streamlining and optimising the end-to-end carbon credit transaction lifecycle, including asset creation, tokenisation, custody and trading. Specifically, the collaboration will seek to enhance the value of

21 May 2024 | Blockchain

Zeeve RaaS partners with Memento for the launch of its zkSync Layer2 Hyperchain

Zeeve RaaS has teamed up with Memento as their chosen Rollups-as-a-Service provider for the new L2 Hyperchain built with the zkSync ZK Stack.

The traditional financial sector often hesitates to fully adopt public blockchains due to security and customisation concerns. To address this, Memento is launching a new Hyperchain designed to provide a secure, customised and controlled blockchain environment for institutional players where dApps can thrive. Utilising zkSync’s advanced ZK

21 May 2024 | Blockchain

Cobo and Coincover join forces with XLink to drive Bitcoin’s evolution into DeFi

Cobo, a provider of digital asset custody solutions, has formed a strategic partnership with XLink, a pioneering intent-based omnichain Bitcoin liquidity network and a subsidiary of ALEX, the leading DeFi platform on Bitcoin.

Alongside Coincover, a UK-based digital asset protection company, this dynamic alliance is poised to transform Bitcoin’s integration into DeFi by leveraging Cobo’s cutting-edge multi-party computation (MPC) custody technology with XLink’s innovative

7 May 2024 | Bitcoin

Kyriba unveils ‘first of its kind’ innovation with Onyx by J.P. Morgan

 Kyriba, a specialist in liquidity performance, announced what it describes as a "first of its kind innovation" with Onyx, J.P. Morgan’s blockchain business unit, to improve cash management, payments and liquidity performance for CFOs and Treasurers.

Furthermore, a new partnership with Workday, Inc. will fully embed bank reporting and bank payment connectivity for Workday Financial Management to help Workday customers achieve greater banking agility.

Ara Gopal,

19 April 2024 | Banking

Rightmove and major banks invest in Coadjute to ‘transform UK property market’

Lloyds Banking Group, Nationwide, NatWest and Rightmove have made a strategic investment in Coadjute, the London-based property technology business.

This is the first time that the UK’s three largest mortgage providers have come together to fund a PropTech.

Lloyds Banking Group, as lead investment partner, has invested £3 million as part of a £10 million funding round to support Coadjute’s long-term ambition to revolutionise the UK housing market and offer home

4 April 2024 | Blockchain

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The Block, a publication within the portfolio of TechForge Media, is founded on one core tenet: the belief that the potential of distributed ledger technologies (DLT) for enterprise applications and use cases is vast. With this in mind, The Block will focus on the main and emerging players in the ecosystem, the use cases, as well as the enterprise and developer outlook on what is predicted by Grand View Research to be a $7.7 billion market by 2024.

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