Chainalysis announces free sanctions screening tools for crypto industry

    Blockchain-data analytics company Chainalysis announced a fast-tracked launch of two free screening tools to help provide sanctions oversight to the crypto industry. According to the blog post provided by Chainalysis on Thursday, the screening tools include two main components of new tracking software that will assist exchanges in screening wallets and transactions for activities that…

    Aleo: Building the private web

    Aleo, the first decentralized, open-source platform to enable fully private and programmable applications, provides users access to a world of truly personalized web services without giving up control of their private data. As a blockchain that is private-by-default, open-source, and built for the web, Aleo is uniquely positioned to address the shortcomings of blockchain adoption….

    Web3 relies on participatory economics, and that is what is missing – Participation

    Web3 needs to reframe around participation in terms of technology, architecture, design, and talent to achieve a decentralized internet, Nitin Gaur shares his opinion on Cointelegraph. Web3 is hailed as a technology paradigm that is fueled by the creator economy and is in the future, or rather, the next evolution of the internet. As we…

    $4 billion US hedge fund attempts to short Tether’s stablecoin

    Fir Tree Capital Management, a $4 billion New York-based hedge fund, is shorting Tether as the largest stablecoin in crypto faces down scrutiny from regulators and fears over ties to the Chinese debt market. According to Bloomberg, Fir Tree has constructed a way to short Tether in an “asymmetric trade.” That means the risk is…

    Web 3.0: Message to Those Lost In the Web. Part 4

    The last time you dived headlong into the World Wide Web, you probably did so without as much as thinking about it. It has become natural for us: we are always online, our smartphones stay connected to the web, as do the computers we work on, our smart TVs, etc. And soon, the immersion may…

    Yuga Labs acquires CryptoPunks and Meebits intellectual property

    Yuga Labs, the company behind one of the biggest and most valuable NFT collections in the industry, the Bored Ape Yacht Club, announced Friday that it has bought the rights to the intellectual property of the other two most popular collections – CryptoPunks and Meebits – from Larva Labs. Yuga Labs announced Friday that it…

    Crypto Trends Weekly March 5 – 11

    Breaking crypto news from the last week (Mar. 5 – 11, 2022): Mar. 5: The global pandemic changed everything for creators: The stay-at-home orders accelerated the shift toward blockchain and Web3 advancement, writes Doug Petkanics, a co-founder at Livepeer, where the team is building a decentralized live video broadcast platform to enable the next generation…

    Web 3.0: Message to Those Lost In the Web. Part 3

    The last time you dived headlong into the World Wide Web, you probably did so without as much as thinking about it. It has become natural for us: we are always online, our smartphones stay connected to the web, as do the computers we work on, our smart TVs, etc. And soon, the immersion may…

    Roofstock raised $240 million from SoftBank, reaching a $1.9 billion valuation

    Roofstock, a digital real estate platform for single-family rental investing, announced closing a $240 million Series E round led by SoftBank‘s Vision 2 fund. With the new funding, Roofstock achieved a valuation of $1.94 billion. The Roofstock platform enables the $4 trillion fragmented, cottage industry of single-family rentals (SFRs) to become a relevant asset class….

    UK’s financial regulator issues termination order for Bitcoin ATMs

    Britain’s Financial Conduct Authority (FCA) has warned operators of crypto ATMs in the UK to shut down their machines, claiming it illegal. The financial watchdog says that it hasn’t granted any of the crypto firms registered with it the permission to operate ATM services. Government regulators are concerned about money laundering using crypto ATMs. The…