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BASELESS CLAIMS? Binance is neither licensed to operate, nor is it regulated in Malta, the country's chief financial watchdog said in a statement Friday. The Malta Financial Services Authority explained it was responding to press reports referring to Binance as a "Malta-based cryptocurrency company." Full story
JOINING LIBRA: Digital commerce platform Shopify announced it has become a member of the Libra Association in a blog post Friday. The company joins the Facebook-led stablecoin project roughly a month after Vodafone pulled out of the organization to focus on its own digital payments system. Full story
PICTURE PROTECTION: The organization that created the popular JPEG picture format believes blockchain could be used to verify images, protect copyright as well as flag fakes and image theft. The Joint Photographic Experts Group (JPEG) said blockchain has "great potential" as the basis of a system that would use a combination of encryption, hash signatures and watermarking in an image's metadata to protect copyright. Full story
EXPLOIT PAYOUTS: Nexus Mutual, the London-based crypto insurance company, has paid out $31,000 in claims to accounts that lost funds in the bZx exploit earlier this week. Full story |
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