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The Tightrope of Regulation

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Time Stamp: September 26, 2023 7:07 AM - Modified On: September 26, 2023 - Published By:
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Republished By Plato

In a significant move at the recent G20 meeting in India, the International Monetary Fund (IMF) and the Financial Stability Board (FSB) released a joint paper outlining a framework for the global regulation of cryptocurrencies. While the proposals mostly tread familiar territory, what’s new is their conviction in crypto’s unstoppable growth and success. A flurry of optimism greeted the G20’s endorsement of the report because it advocates that countries don’t ban crypto. Hidden in its text, however, are some worrying signs. For example, on the first page, they state, “Widespread

Nutriband’s Innovative Patent Breaks New Ground in Transdermal Medications

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Time Stamp: September 20, 2023 8:35 AM - Modified On: September 20, 2023 - Published By:
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Revolutionary AVERSA™ Technology Sets New Standard for Opioid Patch Safety ORLANDO, FL / September 20, 2023 - Nutriband Inc. (NASDAQ:NTRB) (NASDAQ:NTRBW), a leading developer of transdermal pharmaceutical products, proudly announces the issuance of a U.S. patent for its cutting-edge AVERSA™ Technology. This groundbreaking innovation, utilizing taste aversion, marks a paradigm shift in addressing the primary routes of abuse associated with opioid-based transdermal patches. The newly granted patent, numbered U.S. patent 11,759,431, titled "Abuse and Misuse Deterrent Transdermal Systems," significantly bolsters Nutriband's intellectual property protection in the United States. It covers

Swiss WEB3FEST 2023: The Convergence of Web3 Innovation and Collaboration

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Time Stamp: August 28, 2023 5:56 AM - Modified On: August 28, 2023 - Published By:
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The Global Web3 Ecosystem is set to unite under the banner of "Switzerland United", an 11-day extravaganza, from September 7th-17th 2023, that combines the forces of the NFT Fest Lugano, NFT Lakeside Unconference and the Swiss WEB3FEST. Key Highlights The Swiss WEB3FEST will be the center of Web3 innovation and collaboration, with over 150 Preeminent speakers, 50+ exhibitors and 80+ captivating topics and side events The Swiss WEB3FEST is the Ecosystem Festival of Crypto Valley and Crypto Oasis and is Co-Hosted by Dfinity aka The Internet Computer The Conference is

Stablecoins Under Scrutiny

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Time Stamp: July 1, 2023 9:37 AM - Modified On: July 1, 2023 - Published By:
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Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Crypto Chaos

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Time Stamp: May 10, 2023 6:27 AM - Modified On: May 10, 2023 - Published By:
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Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the

Beyond the Dollar

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Time Stamp: April 27, 2023 6:35 AM - Modified On: April 27, 2023 - Published By:
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The global economy is at a crossroads with the US dollar’s future as the world reserve currency facing fresh challenges. For decades, the stability and dominance of the dollar have given the United States significant advantages in global trade, investment, and geopolitical influence. However, as emerging economies like China and India rise in prominence, their currencies are gaining traction in international transactions, challenging the dollar’s hegemony. China, in particular, has been busy over the past few months, actively promoting the Yuan and seeking to challenge US dominance in the global

Government Blockchain Association (GBA) Rates AXES.ai’s Casino Technology as a Trusted Blockchain Solution

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Time Stamp: April 21, 2023 5:57 AM - Modified On: April 21, 2023 - Published By:
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Las Vegas – AXES.ai’s land-based casino management platform became the first blockchain solution in history to be independently evaluated and rated by the Government Blockchain Association (GBA) in accordance with the Blockchain Maturity Model (BMM). “Why would a casino management system need blockchain? Because according to the US Financial Action Task Force (FATF), casinos are high-risk areas for money laundering and terrorist financing,” said Gerard Dache, GBA Executive Director. “Regulators world-wide need to have confidence that financial and compliance reports have not been falsified or altered. By writing data to

Crypto Oasis Launches Cove Beach Venue in the Metaverse with Exscape at Annual Ecosystem Night

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Time Stamp: March 7, 2023 6:49 AM - Modified On: March 7, 2023 - Published By:
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Annual Cove Beach Memberships as NFTs with a physical fractionalised Mural launched on the evening Highlights Crypto Oasis hosted top organisations and players in the regional Ecosystem for its annual Ecosystem Night Exscape was the co-host for the evening and the creator of the entire Cove Beach Venue in the Metaverse that provided a unique immersive experience The Founders Mural at Cove Beach designed and created by Faisal Zaidi was tokenised into 100 pieces of art representing annual memberships to Cove Beach [gallery size="large" link="none" ids="1810566,1810560,1810561,1810565"] March 2 2023, Dubai,

Plato Reaches 10M Visitor Mark.

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Time Stamp: January 25, 2023 4:28 AM - Modified On: January 25, 2023 - Published By:
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Plato hits the 10 millionth Visitor Mark andLays out Web3 Vision at Quantum Miami. Jan 25th Miami FL - Plato Technologies Inc. (Plato) announced today that it has passed the 10 millionth visitor mark on their Open Beta.  “This represents significant milestone for the company and we want to thank everyone involved in this project for their contributions over the course of the last three years of bootstrapping.” states CEO Bryan Feinberg.  The company who has been operating somewhat in stealth mode for the past 3 years is presenting this

The Four Quadrants of MEV Protection

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Time Stamp: November 22, 2022 11:55 AM - Modified On: November 22, 2022 - Published By:
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Understanding the MEV Solution Landscape Like many other crypto narratives, the dark side of blockchain was first introduced on Reddit in a post titled “Miners Frontrunning.” In the now historical post, the author outlines how given the Ethereum mempool is inherently public, miners can frontrun transactions and profit on the ultimately arbitraged difference in that transaction. However, this isn’t an entirely new phenomenon in finance. The 2014 book, Flash Boys: A Wall Street Revolt by Michael Lewis investigates frontrunning orders in high-frequency trading. The paper Flash Boys 2.0, published in 2019, takes these observations into

Passport of the Future

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Time Stamp: November 18, 2022 4:21 AM - Modified On: November 18, 2022 - Published By:
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A few years ago if you were to talk about governments being able to control your money and impose travel restrictions on their citizens most people would roll their eyes and ask where your tin foil hat was. These days however the dystopian future dreamt of by science fiction authors is rapidly becoming a reality. When it comes to dystopian visions of society and governmental overreach, most people’s first thoughts turn to China. Although they may be ahead of the curve at the moment, their path to a digital future