The $588,000 was stolen across 38 transactions, with the largest transfer totaling $81,200.
Cricket World Cup to feature Web3 fan app as ICC taps into Near blockchain
The International Cricket Council will leverage Near’s Blockchain Operating System to power a Web3 fan engagement app during the 2023 Cricket World Cup in India.
Race for Ether Futures ETFs Kicks Off With 6 Firms Filing SEC Applications
As many as six entities have filed applications with the U.S. Securities and Exchange (SEC) for Ethereum Futures exchange-traded funds (ETFs) as of filing time on August 2, 2023.
Shared Web3 user base could power new social app integrations — Aave CEO
Web3 social layer Lens Protocol aims to power seamless connectivity of applications across blockchain and non-blockchain platforms.
StarkWare’s ‘Starknet Stacks’ Could Add to Growing Field of Blockchain-in-a-Box Offerings
The announcement is part of a growing trend in Ethereum’s layer-2 ecosystem, where developers can create application-specific chains using the blockchain’s native stack.
U.S. Spot Bitcoin ETF Approval Clock to Start Wednesday as 8 Applicants Named on Federal Register
The clock for the SEC approval process of spot bitcoin exchange-traded fund (ETF) applications will begin Wednesday after all eight applicants, including BlackRock, were listed in the Federal Register.
US Federal Reserve denies Custodia Bank’s request for Fed supervision
The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System.
UK’s FCA hints at why its given only 15% of crypto firms the regulatory nod
The UK financial watchdog has received 300 crypto firm registration applications but has approved only 41 applicants.
SBF reportedly files new bail application in the Bahamas Supreme Court
Bahamas media reports that Sam Bankman-Fried lodged a new bid for bail just two days after a judge denied his previous application and called the FTX founder a flight risk.
Hermès reveals plans for Metaverse fashion shows, crypto, and NFTs
The trademark application comes months after filing a lawsuit against NFT project MetaBirkins for allegedly using its Birkin brand to sell digital collectibles.
<h1>Blockchain And Construction: Building The Foundation</h1>
Authors Don Tapscott and Ricardo Viana Vargas of the Harvard Business Review think blockchain technology can disrupt the construction industry.
<h1>The Collapse Of Crypto-Powered Payments App Wala</h1>
South African startup Wala aimed to provide unbanked citizens of African nations with a crypto-centric payments alternative, but conflicting stories highlight the service’s struggles leading up to its demise in February of this year.
<h1>IOTA Foundation Shares Details Of Improved Network Security And Scalability</h1>
Researchers for the IOTA Foundation have released details of their plan to combine proof-of-work algorithms with proof-of-stake algorithms to improve the IOTA network’s ability to avoid congestion and tackle spam attacks.
<h1>A Look At Bitcoin, Ethereum, And Monero’s Presence On Reddit</h1>
As part of a Defense Advanced Research Projects Agency-funded study, the Pacific Northwest National Laboratory looked at the conversations being had about bitcoin, Ethereum, and Monero on reddit; how quickly those discussions grew; and how effective posts and comments were for each cryptocurrency.
<h1>Using JPMorgan’s Quorum, State Farm And USAA Put Insurance Claims On The Blockchain</h1>
With development starting back in early 2018, the blockchain network built by State Farm and USAA on JPMorgan’s private version of Ethereum will allow the two companies to pay each other’s insurance claims by 2020. With the blockchain netting out the claim balances and facilitating payments, the two insurers hope to add more companies to their system in the future.
<h1>Presidential Hopeful Eric Swalwell To Accept Crypto Campaign Donations</h1>
Partnering with blockchain firm The White Company, Representative Swalwell will accept six different cryptocurrency donations to support his presidential run, including bitcoin, Ether, bitcoin cash, stellar, bitcoin SV, and The White Company’s native token.
<h1>Luxury Goods Provenance With LVMH, ConsenSys, And Microsoft</h1>
Luxury goods company LVMH, which includes subsidiaries Louis Vuitton, Christian Dior, and other rarefied brands, has partnered with ConsenSys and Microsoft to develop a blockchain-based platform to verify products’ authenticity.
<h1>Starbucks To Use Blockchain Tech To Track Beans From ‘Farm To Cup'</h1>
Starbucks is working with Microsoft’s Azure Blockchain Service to track coffee shipments around the world and provide customers with more information about the coffee they’re drinking.
<h1>Building Cities On Blockchain</h1>
A discussion regarding the pros and cons of building a city based on blockchain and cryptocurrency technology.
<h1>Bank Of Canada, Monetary Authority Of Singapore Complete Cross-Border And Cross-Currency Payment</h1>
The Bank of Canada and the Monetary Authority of Singapore announced the successful completion of a cross-border and cross-currency payment pilot using central bank digital currencies.