The island nation of Sri Lanka has now formed an eight-member committee to examine the sensible legal approach to blockchain and crypto. Government authorities have agreed that the new regulation of cryptocurrencies should be designed to promote or increase investment in the country's crypto industry. In order to attract foreign investors and for the small
As the first European company, Auto1 FT, a financial partner of the automotive industry, enables the financing of the purchase of vehicles with smart contracts based on the Ethereum blockchain. Manual input and paper processes are to be abolished in the company's core business and replaced with smart contract-based solutions. Auto1 FT hopes the digital
Developed over six years by some of the most brilliant minds in the blockchain and beyond, the “Alonzo” upgrade is based on intensive research and development. The aim was to solve the long-standing problems of blockchain in terms of environmental compatibility, scalability, cost and security. With the upgrade, commercialization is now in the hands of
The question of the existence of the mysterious Onecoin blockchain was advanced this week by two IT expert witnesses, clearing the air in what may be the biggest crypto fraud case of all time. Ruja Ignatova, the founder of the supposed cryptocurrency Onecoin, allegedly collected more than $4 billion from investors between 2014 and 2017.
A consortium of biotech companies, medical engineers and leading research institutes has announced the creation of the Longevity Science Foundation to extend human lifespan. The foundation is a Swiss institution that plans to spend more than $1 billion over the next decade to find technology-based means to extend the human lifespan to 120 years. The
After the Bitcoin tipping feature has been introduced for a week now, Twitter is now sharing to work on the NFT feature. A tweet from Mada Aflak, a Twitter Spaces software engineer, demonstrates how this feature works. According to him, users click on their avatar and select an NFT from their crypto wallet. However, he
