Institutions seek detailed blockchain analytics for crypto adoption — Elliptic

    Large financial institutions are getting involved in digital assets by investing capital, time and effort into on-chain analytics solutions. As more institutions explore digital assets, the need for on-chain analytics platforms has never been higher. Compliance experts, investigators and regulators employ these blockchain analytical tools to better understand the patterns and entities in cryptocurrency transactions….

    Bitcoin can bring ’cause and consequence into cyberspace,’ boost security — Michael Saylor

    During an interview, Michael Saylor discussed how crypto networks like Bitcoin can promote security and combat digital trust issues. Bitcoin may be the answer to combat cybersecurity threats driven by artificial intelligence, such as deepfakes, Michael Saylor, executive chairman of MicroStrategy, said during a recent interview with Kitco News. Saylor illustrated his views using social media accounts created…

    How are NFTs used in fashion and wearables?

    NFTs revolutionizing the digital assets space Nonfungible tokens (NFTs) are unique digital assets that are embedded on the blockchain and have unique identifiers that can be used to confirm their authenticity and ownership. Each NFT has a unique token ID and metadata that makes this process easy. Their nonfungible nature means that each NFT token is one…

    Top metaverse property investments suffer massive losses: Report

    Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year. Prices of virtual lands on some of the top metaverses have declined significantly from their peak prices of 2022, with most depreciating around 90% in value. A study published by CoinGecko shows that popular metaverse properties,…

    Biden reaches ‘tentative’ US debt ceiling deal: Report

    United States President Joe Biden has urged both the United States House and Senate to “pass the agreement right away.” Amid growing concerns of a potential default by early June, the United States President Joe Biden and Republican Kevin McCarthy have reportedly reached an “agreement in principle” to raise the federal government’s multi-trillion dollar debt…

    The Sandbox CEO’s Twitter was hacked, used to promote alleged ‘airdrop’ scam

    The executive appears to have now recovered his account. Arthur Madrid, co-founder and CEO of metaverse project The Sandbox, was the victim of a Twitter account hack on May 26, according to a post from Madrid that was apparently made after he recovered the account. The attacker allegedly used Madrid’s account to promote a fake…