Protocol Enables Real-World Assets to Be Tokenized on Bitcoin SV Blockchain

A company has launched a protocol enabling businesses to create tokens for real-world assets on the Bitcoin SV (BSV) blockchain, according to a news release published on May 27. Tokenized says asset types including shares, loyalty points, admission tickets and memberships are supported through its ecosystem — with the Australian firm placing an emphasis on offering a product that is regulation friendly.…

Hacked New Zealand Exchange Cryptopia Appoints Liquidators, Trading Suspended

Hacked New Zealand-based cryptocurrency exchange Cryptopia has appointed David Ruscoe and Russell Moore from consultancy and audit firm network Grant Thornton New Zealand as liquidators. The news was revealed in an official Grant Thornthon announcement on May 15. Grant Thornton New Zealand (NZ) is the local network of Grant Thornton International — a major professional services network of independent accounting and consulting…

Binance CEO Publishes Security Incident Update, Apologizes for Blockchain Re-Org Comment

Changpeng Zhao (CZ), CEO of major crypto exchange Binance, has updated reporters on the exchange’s security revamp and investigation into this week’s $40 million hack in a security incident update shared with Cointelegraph on May 10. The CEO also apologized for having fuelled community concerns by openly discussing the possibility of incentivizing a blockchain re-organization — or transaction…

BlockShow Becomes Festival of Decentralized Technology

Blockshow is an international blockchain conference which is set to occur on November 14 and 15, 2019 in Singapore at Marina Bay Sands Expo. It has announced a change in concept, going from being a conference on blockchain to a Festival of Decentralized Technology. Nine conferences will be held during this period, which include the…

Binance Responds to Notre Dame Tragedy by Launching Crypto Donation Channel

Major global crypto exchange Binance has launched a crypto donation program to support the reconstruction of the Notre Dame cathedral, the firm tweeted on April 16. Binance has initiated a donation program “Rebuild Notre-Dame,” calling the crypto community to support their campaign to restore the medieval cathedral that suffered “colossal damages” from a major fire that nearly destroyed the landmark on April 15. In…

Binance and IdentityMind Team Up for AML and KYC Compliance

Binance is the largest crypto exchange in the world and is teaming up with IndentityMind, which is a risk management firm. The two companies are partnering together to deal with data security as well as compliance for the global operations of Binance. The goal of the partnership is to increase trust from global financial institutions…

Binance Changes Launchpad Token Sale Format to Lottery

Leading cryptocurrency exchange Binance announced major changes to the format of its Launchpad token sale in a post on its blog published on March 24. Per the announcement, the company “will use a new lottery format for the next project on Binance Launchpad.” Previously, the system functioned on a first come, first served basis, which left many users who joined high-demand sale…