For more than 135 years, the Kanoo family, one of Bahrain’s wealthiest families, has helped build the Gulf’s entire commercial infrastructure. The family, with a net worth of up to $6 billion, owns businesses spanning shipping, logistics, travel and finance. Abdulla Kanoo, one of the… Read More
South Korean tech giant LG Electronics is working with the Ethereum layer-2 network Arbitrum to build a blockchain-based advertising network aimed at serving the digital ad industry. Arbitrum would give advertisers and publishers a shared database of ad inventory and track how customers interact with… Read More
Circle’s (CRCL) upcoming Arc blockchain and its $222 million token presale are raising a broader question for crypto investors: should Circle still be valued mainly as a stablecoin issuer, or as an infrastructure company building the rails for digital finance? Alongside its quarterly earnings this… Read More
Cryptocurrency venture capital company Blockchain Capital is raising $700 million for two new funds, Bloomberg reported on Thursday. The San Francisco-based firm is raising for its seventh early-stage fund and second growth fund, which are expected to be completed in the next five to six… Read More
South Korea’s Ministry of Economy and Finance will begin testing blockchain-based deposit tokens for government spending in the fourth quarter as part of a broader push to modernize how public funds are managed. The ministry said the pilot to spend Treasury funds as digital currency… Read More
Quantum computers capable of breaking the Bitcoin blockchain do not exist today. Developers, however, are already considering a wave of upgrades to build defenses against the potential threat, and rightfully so, as the threat is no longer hypothetical. This week, Google published research suggesting that… Read More
