Industry Talk Archives - Cryptominded

Industry Talk

The Merger of DASH Industry Forum into SVTA

The Streaming Video Technology Alliance (SVTA) has welcomed the DASH Industry Forum (DASH-IF), representing a significant shift in the streaming technology environment. This merger incorporates DASH-IF’s considerable work on the MPEG-DASH format and related technologies into SVTA’s larger industry objectives. DASH-IF was founded by crucial industry heavyweights such as Qualcomm, Netflix, and Microsoft and has […]

Industry Talk

SSV Network DAO’s New Initiatives to Foster Community Involvement

SSV Network DAO, the decentralised autonomous organisation overseeing the SSV Network protocol, recently announced two unique initiatives to increase community engagement: the SSVDivers Ambassador Programme and the Community Associates Programme. These programmes encourage active engagement and provide concrete rewards for community involvement, thereby improving the ecosystem of decentralised staking. SSVDivers Ambassador Program The SSVDivers Ambassador […]

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Nigeria Reviews Blockchain Policy to Lead African Blockchain Development

Nigeria has launched a complete review of its blockchain technology policy to solidify its African blockchain development leader position. The Steering Committee, led by Chairman Chimesie Chuta, began this critical review on July 17, 2024, marking a vital step in the country’s transition to a blockchain-driven future. Chuta announced revising Nigeria’s blockchain technology policy on […]

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Cambodian Firm Linked to North Korean Crypto Scams: $305M DMM Hack

According to new revelations, more than $35 million from the $305 million theft of the Japanese cryptocurrency exchange DMM Bitcoin was tracked back to Huione Guarantee, a Cambodian corporation. The breach, alleged to be carried out by North Korea’s Lazarus Group, has shed light on hackers’ elaborate and methodical laundering procedures. The DMM Bitcoin breach […]

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Postponement of Crypto Taxation in South Korea

The South Korean government has once again postponed the implementation of cryptocurrency taxation, pushing the commencement date to January 2028. This decision underscores persistent concerns about market stability and investor dissatisfaction as authorities develop a tax structure that balances legal requirements and the vitality of the cryptocurrency sector. The postponement is a response to market […]

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BitMEX’s AML Violations: Executives Under Legal Scrutiny

BitMEX, a well-known cryptocurrency exchange, has acknowledged violating US Anti-Money Laundering (AML) and Know-Your-Customer (KYC) requirements in Manhattan Federal Court. This disclosure is a significant milestone in the continuing legal disputes between the exchange and its officials. The case emphasises the vital need for cryptocurrency companies operating in the US to comply with banking regulations. […]

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Taiwan’s Central Bank Embarks on CBDC Trials

Taiwan’s Central Bank is developing digital currency activities, particularly in creating a Central Bank Digital Currency (CBDC). President Yang Chin-long has emphasised a systematic approach to ensuring long-term progress rather than a quick start. This strategic step involves investigating the use of special-purpose tokens in government bids to improve openness and efficiency. A prototype platform […]

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Chainalysis Triumphs Over $80 Million Lawsuit in Court Victory

Chainalysis, a renowned blockchain analysis firm, recently won a $80 million lawsuit from a former employee. The Manhattan Supreme Court dismissed allegations that the business breached an oral agreement over stock options. The court’s judgement, which emphasised the value of written agreements in contractual disputes, strengthens Chainalysis’s legal standing while underscoring the importance of formal […]

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$215 Million Boost: ARB Foundation’s Big Bet on Gaming Innovation through Arbitrum

The ARB Foundation has approved a $215 million funding campaign to support gaming companies on the Ethereum rollup-based Layer 2 network, Arbitrum. The issue of 225 million ARB tokens will power the newly created Gaming Catalyst Programme (GCP), supporting growth within the thriving developer and player ecosystem. This intelligent step will likely strengthen Arbitrum’s position […]

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Apu Apustaja Memecoin’s Bold NYC Campaign

Phoenix, USA, June 4, 2024, Chainwire—In a stunning exhibition of digital creativity, Apu Apustaja Memecoin has come to the streets of New York City, launching an ambitious billboard campaign that embodies the lively character of this budding cryptocurrency. These billboards, featuring the iconic frog from the meme that spawned it, have been deliberately placed in […]

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Matter Labs Halts ‘ZK’ Trademark Amid Community Backlash

Matter Labs, the main force behind the zkSync protocol, has just withdrawn its disputed efforts to trademark the term “ZK”. This decision came after a strong outcry from the zero-knowledge-proof research community and other blockchain enthusiasts. Pioneers like Shafi Goldwasser and Silvio Micali expressed alarm, arguing that “ZK” should remain an open and accessible resource. […]

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The Sandbox DAO & Community Governance

The Sandbox, a decentralised gaming platform, has made a massive step towards community empowerment by launching The Sandbox DAO. This decentralised autonomous organisation (DAO) seeks to give the game’s users, who own its native currency, SAND, and LAND non-fungible tokens (NFTs), the capacity to influence platform development and management. By allowing users to vote on […]

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