Tag

Blockchain

All articles tagged with #blockchain

When money buys a vote: crypto billionaires push blockchain governance
world15 hours ago

When money buys a vote: crypto billionaires push blockchain governance

A BBC profile of Liberland highlights a libertarian, tax-free micronation backed by crypto billionaires like Justin Sun, using tokenized voting (Liberland Merits) so wealthier citizens wield more political influence and governance runs on blockchain; the piece ties Liberland to other crypto-backed experiments and thinkers who want to replace traditional government with blockchain-powered “corporate monarchies,” raising questions about democracy and wealth concentration.

Grantham Predicts Crypto’s Quiet Fade; Bitcoin Lacks a Real Store of Value
business14 days ago

Grantham Predicts Crypto’s Quiet Fade; Bitcoin Lacks a Real Store of Value

Billionaire investor Jeremy Grantham calls crypto “useless” and forecasts Bitcoin and other cryptocurrencies will dwindle away “with a whimper,” arguing they aren’t reliable stores of value or practical for everyday use, even as he sees potential for blockchain rails; he notes Bitcoin’s volatility and a steep drawdown from its all‑time high, contrasting it with gold’s gains.

Polymarket Accused of Faking Bets to Drive Viral Growth
business20 days ago

Polymarket Accused of Faking Bets to Drive Viral Growth

The Wall Street Journal reports Polymarket paid mostly college-age creators to stage fake winning bets on copycat sites to boost virality. Investigators found none of roughly $1.9 million in bets shown across 1,105 videos were real, undermining Polymarket's claim that trades settle on a publicly auditable blockchain. The campaign used dummy sites and staged wins, with creators earning a few thousand dollars monthly while instructed not to disclose payments. The piece follows Polymarket's prior US regulatory penalties and its push to re-enter the U.S. market, including promising an audit of promotional content.

Circle Raises $222M for Arc to Build Tokenized Operating System
business2 months ago

Circle Raises $222M for Arc to Build Tokenized Operating System

Circle Internet Group raised $222 million in the Arc token presale, valuing Arc at $3 billion on a fully diluted basis. Led by Andreessen Horowitz, with BlackRock, Apollo Funds, ICE and other major investors, Arc is a public blockchain designed for institutional finance and an envisioned multi-stakeholder operating system, with Circle owning 25% of the initial 10 billion tokens, 60% going to builders and users, and 15% held in reserve. Circle says Arc will underpin AI-enabled services on USDC and broader apps, signaling a shift from its pure stablecoin business toward durable, infrastructure-focused revenue.

CFTC Launches Innovation Task Force to Shape Rules for Crypto, AI, and Prediction Markets
policy3 months ago

CFTC Launches Innovation Task Force to Shape Rules for Crypto, AI, and Prediction Markets

The CFTC announced the formation of the Innovation Task Force to develop a clear regulatory framework for innovators in crypto assets and blockchain, artificial intelligence and autonomous systems, and prediction markets and event contracts. Led by Michael J. Passalacqua, the ITF includes senior agency staff and private-sector experts to establish rules of the road for American innovators.

Fresh Polymarket Wallets Cash In on Iran Ceasefire Bets
business3 months ago

Fresh Polymarket Wallets Cash In on Iran Ceasefire Bets

An analysis of blockchain data shows about 50 newly created Polymarket wallets placed large yes bets ahead of a US–Iran ceasefire announcement, earning some traders hundreds of thousands of dollars even as the contract remained disputed; the pattern echoes earlier profitable bursts around political events and fuels ongoing debates about insider information and the need for regulation in prediction markets.

Sensor-Level Signatures Could Certify Photos in Real Time
technology3 months ago

Sensor-Level Signatures Could Certify Photos in Real Time

ETH Zurich researchers propose cryptographic signatures generated by a camera’s sensor at capture time and stored in a public ledger to prove authenticity and detect tampering, offering a potentially more secure alternative to the current C2PA approach that signs data later in the camera’s processor; implementation would require redesigned sensors and hardware changes, with ongoing cost considerations.

Swift Advances to MVP for Interbank Blockchain Ledger
technology3 months ago

Swift Advances to MVP for Interbank Blockchain Ledger

Swift has completed the design phase of its blockchain-based shared ledger and is moving to a 24/7 MVP to enable interoperable, tokenised-deposits-enabled cross-border payments; the open-source, EVM-compatible stack (Hyperledger Besu) will be live for real-world transactions later this year, with banks running their own environments and Swift orchestrating interbank workflows while leveraging existing RTGS and settlement mechanisms to improve liquidity visibility and reduce reconciliation across more than 11,500 institutions in 200+ countries and 40,000+ payment routes.

ARK's 2026 Big Ideas Map the AI-Driven Global Shift
technology5 months ago

ARK's 2026 Big Ideas Map the AI-Driven Global Shift

ARK Invest's Big Ideas 2026, its 10th flagship report, maps a wave of tech-driven growth led by AI and its infrastructure, consumer OS, and productivity gains, while also highlighting blockchain/tokenized assets, DeFi, multiomics, reusable rockets, robotics, distributed energy, and autonomous vehicles and logistics—designed to help investors and decision-makers anticipate the next big shifts and Own What's Next.

Being your own bank can backfire: the rise of personal crypto theft
technology5 months ago

Being your own bank can backfire: the rise of personal crypto theft

BBC InDepth reports that personal crypto theft surged to about $713 million in 2024–25 as ownership climbs; attackers use hacks, scams, social engineering, and even wrench attacks to target ordinary investors, often with self-custody wallets leaving victims unprotected and unrecoverable. High-profile cases—from a UK couple losing hundreds of thousands after a cloud-storage breach to networks of hackers and even North Korean actors profiting from crypto—illustrate the growing risk. Regulators note crypto is still largely unregulated in the UK, and experts urge stronger wallet security, features like geofencing, and better protections for everyday users.