Ekta Secures $60m Investment Commitment in Crypto Bear Market

Ekta, one of the first Layer-1 blockchain companies that bridges real world physical and tangible assets to blockchain has secured $60m in an investment commitment despite a downturn in the market. With this investment commitment from GEM Digital Limited (GEM), Ekta is set to continue building its ecosystem of platforms and products that connect real world utility and value to end users. Ekta started in 2021 in the midst of COVID as a response to the economic...

Global Web 3.0 Blockchain Market Competition Forecast

The “Global Web 3.0 Blockchain Market, By Blockchain Type (Public, Private, Consortium, and Hybrid), By Application, By Vertical, By Organization Size, By Region, Competition Forecast and Opportunities, 2017-2027″ report has been added to ResearchAndMarkets.com’s offering. The global web 3.0 blockchain market is anticipated to grow at a formidable rate during the forecast period. The market growth can be attributed to the continuous evolution of technologies and shifts in data ownership toward users. Web 3.0 blockchain, also known as the...

Binance Announces Joshua Eaton as its First Deputy General Counsel

Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange, today announced the appointment of Joshua Eaton, former Deputy U.S. Attorney in the Northern District of California, as Deputy General Counsel. Eaton will lead the organization’s legal affairs, supporting global compliance, investigations, and law enforcement coordination activities. Eaton brings over 20 years of experience representing the United States at the Department of Justice (DOJ) and in the U.S. Army. Over the span of his career, Eaton provided key...

DLI and the City of Mobile, Alabama Announce Bitcoin Mining Project

Today, Distributed Ledger, Inc. (DLI), a blockchain and cryptocurrency service provider, is excited to announce Bitcoin mining is coming to the City of Mobile, Alabama in partnership with the GulfQuest Maritime Museum Board in the form of a new sustainable revenue source poised to fuel growth for the next decade. The City of Mobile is home to one of the largest ports in the United States with a trade volume of over 65 million per year. To honor Mobile’s 340-year historic port and...

NUS Computing Joins Forces with TZ APAC

Asia-based blockchain adoption entity TZ APAC will be spearheading the blockchain curriculum at new Centre for Nurturing Computing Excellence Today, TZ APAC, the leading Asia-based blockchain adoption entity supporting the Tezos ecosystem, announced a partnership with the National University of Singapore School of Computing (NUS Computing) to set up the Centre for Nurturing Computing Excellence. Led by Associate Professor Tan Sun Teck from NUS Computing, the new Centre will empower students to learn from real-world industry experts in fields such as...

Blockchain Technology Market: 19.00% Y-O-Y Growth Rate in 2021

The Blockchain Technology Market value is set to grow by USD 6.25 billion, progressing at a CAGR of 32.39% from 2020 to 2025, as per the latest report by Technavio. The market is segmented by end-user (BFSI, government, healthcare, and others) and geography (North America, Europe, APAC, South America, and MEA). Moreover, the increase in fintech spending is notably driving the blockchain technology market growth. The blockchain technology market report also offers information on several market vendors, including Accenture Plc, Amazon.com Inc., Huawei Investment & Holding Co....

DMI Joins Global Mobility Open Blockchain Initiative (MOBI)

DMI, a global digital transformation services company, has joined the Mobility Open Blockchain Initiative (MOBI). MOBI is a member-driven consortium focused on creating the standards and collaboration necessary to enable Web3 digital infrastructure for connected vehicles and IoT commerce. The membership will provide DMI with the opportunity to collaborate within its alliance of the world’s largest vehicle manufacturers along with startups, non-governmental organizations, transit agencies, insurers, toll road providers, smart city leaders and blockchain technology...

Chintai secures approval for the Capital Markets Services

Chintai anticipates conducting regulated Digital Asset dealing in Capital Market Products This includes the issuance of securities and units in a collective investment scheme (CIS) Chintai, a Singapore based fintech company that uses blockchain technology to modernise capital markets, announced it has received in-principle approval for the Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS), a leading financial regulator in Asia. The license enables Chintai to conduct regulated activity dealing in capital markets products. This...

Klaytn commits US$20M to advance blockchain research

Klaytn, one of the dominant interoperable blockchain ecosystems in the Web3 industry, has announced the launch of a $20 million fund to create a Blockchain Research Center (BRC) program. The fund aims to back research projects for the continuous development of its blockchain technology over the next four years, to deepen blockchain capabilities and support industry growth. The research center will operate on an open model, where research conducted will be publicly disclosed as research papers or open-source software, and external researchers will be able to...

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