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Jamie Dimon Was A Believer In Smart Contract Cryptos Long Before JPMorgan Hit The Buy Button On Ethereum ETFs: Here's What The CEO Said
Friday, February 28, 2025 - 12:53am | 647Jamie Dimon, the CEO of banking heavyweight JPMorgan, has acknowledged the importance of smart contracts-based cryptocurrencies, in stark contrast to his views on Bitcoin (CRYPTO: BTC). What happened: During a CNBC interview in January 2023, the CEO of the world's most valuable banking company...
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'Historic Win For Crypto:' Court Overturns Treasury Sanctions On Tornado Cash, Associated Token Skyrockets 430%
Wednesday, November 27, 2024 - 2:30am | 954In a big legal win for the cryptocurrency industry, a U.S. appeals court has overturned sanctions imposed by the Treasury Department on popular cryptocurrency mixer, Tornado Cash, causing the price of the associated coin to zoom 430%. What Happened: A three-judge panel from the Fifth Circuit...
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GoDaddy Partners With Ethereum Name Service To Bridge Domain And Blockchain Worlds
Monday, February 5, 2024 - 4:31pm | 478In a significant move blending traditional web domains with blockchain technology, domain registration and web hosting firm GoDaddy (NYSE: GDDY) announced on Monday a partnership with Ethereum Name Service (ENS). The partnership aims to integrate domain names with blockchain-based...
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Tokenization Is Reshaping Real Estate Investment - Right Now
Friday, February 2, 2024 - 2:16pm | 748Real estate has always been a key differentiator between the wealthy and low-income groups. According to Realtor Magazine, homeowners are 40x richer in comparison to renters. Historically, it has been difficult for those of lower socioeconomic status to acquire real estate and hang onto it during...
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Smart Contract Security Nightmare: $12M Disappears, Nirvana Finance Attacker Pleads Guilty
Monday, December 18, 2023 - 10:37am | 540In a landmark case for the cryptocurrency industry, Damian Williams, the U.S. Attorney for the Southern District of New York, has announced the guilty plea of Shakeeb Ahmed, who hacked DeFi protocol Nirvana Finance and one other cryptocurrency exchange. Williams calls this the first-ever conviction...
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Coinbase's Project Diamond Ready To Disrupt Traditional Finance With Blockchain Technology
Tuesday, December 12, 2023 - 7:19pm | 407Crypto exchange Coinbase Global Inc. (NASDAQ: COIN) on Tuesday announced the launch of Project Diamond, a new smart contract-powered platform aimed at institutions, designed to facilitate the creation, purchase and sale of digitally native assets. The first transaction on...
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Decentralization Evolves, AI And Blockchain Merge: A16z Makes Predictions For 2024
Thursday, December 7, 2023 - 2:03pm | 348Venture capital firm a16z is predicting a future where blockchain technology is becoming more user-friendly and accessible. What Happened: According to its annual trend report, a16z is betting that developers will make it easier for people to use and interact with decentralized applications (dApps...
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EXCLUSIVE: Helio CEO Discusses Blockchain Potential, Hidden Wallets And Economic Benefits
Monday, November 6, 2023 - 11:23am | 726Helio CEO Stijn Paumen recently spoke with Benzinga where he shed light on the transformative role of blockchain technology. "You might have applications that actually have hidden wallets and self-custody wallets," Paumen explained, indicating a future where blockchain is so embedded in...
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Fhenix Secures $7M Funding, Aims To Bolster Privacy On Public Blockchains
Tuesday, September 26, 2023 - 11:37am | 492Blockchain platform Fhenix clinched $7 million in venture capital. Multicoin Capital and Collider Ventures led the seed funding round. A host of other investors, including Node Capital, Bankless, HackVC, TaneLabs, and Metaplanet, joined the effort. The capital infusion will be used to launch the...
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Citibank Bets Big On A New Golden Age Of Digital Payments With New Token Service
Tuesday, September 19, 2023 - 3:25pm | 706Citibank (NYSE: C), a global banking giant, has developed a groundbreaking business service centered around smart contracts, aiming to revolutionize instant payments. Known as Citi Token Services, the banking giant has been at the forefront of developing digital currencies, and...
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Royal Gemstones' €5 Million Portfolio To Embrace Blockchain Tokenization
Tuesday, September 19, 2023 - 12:22pm | 490The Natural Gem, a leading figure in gemstone trading, has chosen the eCredits Blockchain to tokenize its €5 million Royal Portfolio. This development is in conjunction with The People’s SCE, a decentralized governing organization (DGO) that facilitates applications on the eCredits...
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CFTC Warns DeFi Investors Are Playing With Fire
Thursday, September 14, 2023 - 12:07pm | 611Ian McGinley, the director of enforcement at the U.S. Commodity Futures Trading Commission (CFTC), spoke at the PLI White Collar Crime Conference on Sept. 11, focusing on the rapidly evolving digital asset landscape, including the challenges and concerns surrounding...
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CFTC Comes After DeFi Firms: 'Smart Contracts Don't Make Unlawful Transactions Legal'
Friday, September 8, 2023 - 11:28am | 564The U.S. Commodity Futures Trading Commission (CFTC) has taken stringent action against three decentralized finance (DeFi) firms. This latest development comes as the world of digital assets continues to draw attention, a focus that will also be explored in the upcoming Benzinga's Future of...
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Uniswap Triumphs In Federal Court Over Securities Allegations In Victory For DeFi
Wednesday, August 30, 2023 - 12:38pm | 536In a landmark decision, Uniswap (CRYPTO: UNI), a leading decentralized finance (DeFi) platform, emerged victorious Wednesday in a legal battle in the United States District Court for the Southern District of New York. The case revolved around allegations that Uniswap violated certain...
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Microsoft, Aptos Labs To Create AI-Powered Web3 Assistant To Simplify User Transition From Web2
Wednesday, August 9, 2023 - 4:08pm | 490Microsoft (NASDAQ: MSFT) and Aptos Labs are joining forces to integrate artificial intelligence with blockchain, aiming to simplify the transition for users into the Web3 realm using the Microsoft Azure OpenAI Service. What Happened: This collaboration seeks to address the challenges users...