Author: Judith Faith

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Judith Faith

Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry. She is passionate about helping to foster the growth of the industry and believes in the power of blockchain technology to revolutionize the world.

Articles by Judith Faith

Alchemy Unveils Revolutionary Dapp Builder to Empower Web3 Developers

4 weeks ago 1 min read

Alchemy has unveiled its Create Web3 Dapp (CW3D) platform to help bring more people into decentralized technologies. According to Elan Halpern, Product Manager at Alchemy, the company’s mission is to bring blockchain, or Web3 to a billion people by empowering developers. For Halpern, the key to bringing Web3 to the masses is to get developers excited about creating the products that people will use. Launched in 2017, Alchemy is a blockchain software development company that builds applications across several chains, including Ethereum, Polygon, Arbitrum, and Optimism. In October 2021, the company raised $250 million in Series C funding, and in

Colombian Lawmakers Conduct Virtual Court Hearing Using Meta’s VR Tech

1 month ago 1 min read

Colombian lawmakers recently held a two-hour court hearing using virtual reality technology provided by Meta, the parent company of Facebook. The meeting, which was streamed live on YouTube, marked the first full virtual hearing held by Colombian lawmakers and was reportedly successful. Lawyers donned virtual headsets and participated in the meeting as computer-generated avatars, using Meta’s Horizon Workrooms. While some viewers felt that using virtual avatars took away from the seriousness of the hearing, the event represents a landmark moment in the technology’s use in legal proceedings. Virtual meetings and court hearings became more common in 2020 due to the

JP Morgan to Establish Blockchain-Focused Innovation Hub in Athens

1 month ago 1 min read

JP Morgan Chase, one of the largest American banks, has announced its foray into the world of cryptocurrencies. The bank recently revealed plans to open a crypto lab in Athens, according to a report by StockWatch. The lab will reportedly focus on data encryption and security. This move is yet another indication of how the traditional financial industry is joining the crypto trend. The new crypto lab will initially focus on building blockchain-related capabilities to support Onyx, JP Morgan’s decentralized finance platform. The platform facilitates the transfer and clearing of money in multi-currency and multi-bank ledgers. The lab will have

Kratos Studios secures $20M seed funding at $150M valuation

1 month ago 1 min read

Kratos Studios, an Indian-based web3 gaming startup, has raised $20 million in a seed funding round at a valuation of $150 million. The funding round was led by Accel and included other investors such as Prosus Ventures, Courtside Ventures, Nexus Venture Partners, and Nazara Technologies. Kratos has also acquired IndiGG, a sub-DAO of Yield Guild Games DAO, through a token swap. Existing INDI token holders will be swapped to new Kratos tokens, which will be launched in 12 months. The acquisition will help Kratos continue to build the IndiGG brand as a gaming DAO. Kratos’s business model brings game developers

Saudi Aramco Enters the World of Web3 Through Partnership with droppGroup

1 month ago 1 min read

Saudi Aramco, the world’s largest oil producer, has signed a memorandum of understanding (MoU) with droppGroup to explore co-developing a range of Web3 technologies. The partnership aims to leverage blockchain technology to create innovative solutions for Aramco’s employees, including potential on-boarding, training ecosystems, tokenized networks, and rewards programs. The third generation of the internet, Web3, is driven by blockchain technology, and it has been gaining traction in various sectors, including finance, supply chain management, and social media. With the latest partnership, Saudi Aramco is joining a growing number of global corporations that are embracing blockchain technology to streamline operations, improve

Chaos Labs Secures $20 Million Funding Round Led by Galaxy Digital and PayPal

1 month ago 1 min read

Chaos Labs, a startup providing an automated economic security system for decentralized finance (DeFi) protocols, has raised $20 million in seed funding. The round was co-led by Galaxy Digital and PayPal Ventures, with participation from Coinbase, Uniswap, and other notable investors. The funding will be used to expand Chaos Labs’ suite of risk and security products for DeFi protocols. The startup aims to help DeFi protocols protect user funds from attacks while optimizing capital efficiency. The need for such solutions is clear: last year, hackers stole a record-setting $3.8 billion in crypto assets, with the vast majority coming from DeFi

Huobi intends to relocate its headquarters from Singapore to Hong Kong.

1 month ago 1 min read

Huobi Global is looking to relocate its Asia headquarters from Singapore to Hong Kong, according to Justin Sun in an interview published Monday. Huobi intends to increase its Hong Kong workforce from 50 to 200 by the end of the year. Justin Sun announced on Twitter on Monday that the exchange is applying for a crypto trading license in Hong Kong and will open a new Hong Kong exchange to serve local institutional investors and high net worth individuals. The Securities and Futures Commission (SFC) of Hong Kong published proposals for a new crypto licensing regime on Monday, which may

Zipmex Reopens Customer Withdrawals Following Successful Acquisition Deal

1 month ago 1 min read

Zipmex crypto exchange, has announced that it will reopen customer withdrawals following a successful takeover deal with a venture capital firm last month. This move comes after the credit crunch the company faced last year due to the market collapse that followed the implosion of Terra and its algorithmic stablecoin UST. Eligible creditors are required to fill out a form stating the amount owed to them by February 21. The company’s scheme manager, investment firm KordaMentha, is aiming to finalize all withdrawals by March 21. The rescue deal, which was in “advanced talks” in November, has been signed, according to

BAYC Community Accuses Yuga Labs of IP Theft for Trademarking Logo

1 month ago 2 mins read

Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, has been accused of illegally trademarking the BAYC wolf skull logo without proper licenses. The logo was allegedly taken from a company specializing in drawing tutorials for beginners and children. NFTs were created to protect artists and their intellectual property. However, Yuga Labs has been accused of the very thing NFTs were created to prevent. Crypto Twitter member and NFT artist @Jdotcolombo discovered a post from April 5, 2021, where Easy Drawing Guides advertised an easy step-by-step drawing tutorial for a wolf skull. The art

Former Stanford Dean and Research Scientist revealed as Sam Bankman-Fried’s bail backers

1 month ago 1 min read

Two academics from Stanford University have been identified as the previously unknown individuals who signed bonds for the release of Sam Bankman-Fried, the founder of FTX crypto exchange. Larry Kramer, the former dean of Stanford Law School, and Andreas Paepcke, a computer science research engineer at the university, were named in court filings released on Wednesday. Bankman-Fried was arrested and charged with fraud and other crimes, and was released on bail in December on a US$250 million personal recognizance bond signed by himself and his parents. Two separate bonds were signed by Kramer and Paepcke, with court documents showing that

Judge Bans Sam Bankman-Fried from Using VPN While Under House Arrest

1 month ago 2 mins read

A US District Judge has banned Sam Bankman-Fried, the former FTX boss, from using a virtual private network (VPN) after he admitted to using it to watch the Super Bowl while under house arrest. The judge cited the risks associated with using encrypted messaging or call applications and has amended the defendant’s release conditions, effective immediately. This move comes as Bankman-Fried’s lawyers negotiate his bail terms with prosecutors. Recently, the judge barred Bankman-Fried from using encrypted messaging apps, such as Signal, after he was accused of contacting a potential witness in his criminal case. Bankman-Fried is also prohibited from contacting

South Korean Financial Regulator Keeps Close Eye on Ripple vs. SEC Lawsuit

1 month ago 1 min read

The South Korean financial authority, the Financial Supervisory Service (FSS), is closely monitoring the Ripple vs. SEC lawsuit in the United States. The outcome of the lawsuit could potentially influence regulations in the country. The FSS Digital Asset Research Team gathers data on the crypto market and presents it to the FSS, which will examine the lawsuit’s outcome and consider its conclusions for local regulations. The FSS will revise regulations and formats so that token securities can be issued and distributed in accordance with relevant guidelines. It will also hold a briefing session for the industry. The outcome of the