Archived Posts

Woori Bank Unveils 3D-Powered Metaverse Trial Service
Woori Bank announced the debut of a metaverse trial program based on 3D. The bank will offer kinds of services, one for contact with small company owners and a second for the learning and development of its personnel, utilizing the “Moim” metaverse system of a regional firm Grid Inc. Between 9 a.m. and 4 p.m., Read more...

Telefónica and unBlock Unveil Web3 Smart Tourism Platform
UnBlock has used Telefónica Tech’s Blockchain technology to develop the tourist industry’s inaugural web3 SuperApp, which will be unveiled on January 19 in Madrid at the International Tourism Trade Fair (FITUR). The unBlock SuperApp, which permits any individual (traveller or native) to reach any product, social gathering, or facility in the city, will now incorporate Read more...

ABN Uses Stellar Blockchain for Issuing Digital Bond
ABN Amro was the first Dutch bank to file a digital bond on the public blockchain by employing Fireblocks. Digital bonds were sold to a small number of investors in order to generate capital for APOC, a corporate customer of ABN Amro in the aerospace sector. Bond issuance by ABN Amro establishes a paradigm for Read more...

Ethereum and BNB Chain was the Main Target of Hackers in 2022
A new analysis by SlowMist examines the most significant developments in the blockchain sector in 2022. The SlowMist report gives an assessment of the security state of each business sector and details “typical attack approaches.” Furthermore, it identifies a few phishing strategies and examines “the movement of stolen cash in certain security situations.” As per Read more...

Amazon Web Services Chooses Avalanche to Step Up Blockchain Adoption by Enterprises, Institutions and Governments
Ava Labs Inc., a blockchain company, has partnered with Amazon Web Services Inc. in an effort to expedite commercial, institutional, and governmental blockchain deployment. AWS will serve Ava’s Avalanche architecture and decentralized application network, including single-click node deployment via the AWS Marketplace, under the terms of a collaboration announced today. Avalanche node operators are now Read more...

Revelator Unveils Stripe Powered Non-Fungible Token Framework
Revelator, a provider of digital IP framework to the music industry, has introduced its NFT payment architecture in collaboration with Stripe Inc., allowing music firms, composers, and followers a new entry point into the Web3 realm. Stripe is an Irish-American financial services firm that provides internet companies with a bouquet of APIs for online payment processing and commerce Read more...

LINE NEXT and Finger Labs to Jointly Develop Global NFT Platform
LINE NEXT, the non-fungible token-powered service development arm of the worldwide chat platform operator LINE, has partnered with Finger Labs, a blockchain programmer managed by the digital marketing firm Future Stream Networks, to co-develop a worldwide NFT platform. A blockchain is a decentralized network in which each user has their own digital ledger. When a Read more...

Bithumb Under Scrutiny by Korea’s Tax Authorities
South Korea’s National Tax Service (NTS) is apparently conducting a “special tax inquiry” against Bithumb Korea and Bithumb Holdings to see if the cryptocurrency platform has complied with local taxes regulations. The authorities have also investigated Kang Jong-hyeon and his sister, Kang Ji-yeon, who is alleged to be the true owner of the exchange. The Read more...

Stablecoin USDC Popularity Increases as Transaction Volume Surges
Stablecoin Glassnode, a blockchain analytics company, reports that USD Coin’s daily transaction volume is typically four to five times that of its primary rival Tether. USD Coin’s popularity has increased following the demise of FTX. Despite USDT’s market capitalization being $23 billion more than USDC’s, this is the case. A four-and-a-half-fold advantage favored USDC as Read more...