Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals

Kris Marszalek, CEO of cryptocurrency exchange Crypto.com has become the latest crypto company promising to publish “audited proof of reserves,” amid the downfall of rival exchange FTX.  “We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves,” said Marszalek, adding that his company “will be publishing our audited … Read more

ConsenSys commits $2.4M annually to launch MetaMask Grants DAO

Blockchain technology firm ConsenSys will spend $2.4 million annually to fund its newly launched MetaMask Grants DAO aimed at driving further development of the Web3 ecosystem. The fund will be led by MetaMask employees who will manage the decentralized autonomous organization (DAO). The DAO will be responsible for issuing grants to developers working outside of … Read more

ATPCO Commits to ‘Dynamic’ Airline Offers

ATPCO has committed to build the “framework needed” for 80 percent of all airline offers to be “dynamically” created by 2026, the company announced Tuesday at its annual Elevate conference in Washington, D.C. Dynamic offers are generated at the time of search, instead of filed within ATPCO’s system. “Our mission is to drive innovation and … Read more

The European Tour group commits to achieving net zero carbon emissions by 2040 | Golf News

Keith Pelley, chief executive of the European Tour group, said: “Our net zero commitment shows that through Golf for Good we are serious about environmental responsibility and the role we can play” Last Updated: 10/10/22 10:07am Keith Pelley, chief executive of the European Tour group The European Tour group has become the first professional golf … Read more

Adam Scott: LIV Golf not ‘pure evil’ for the game; Former Masters champion commits to Aus PGA | Golf News

Adam Scott has confirmed he will join compatriots Cameron Smith and Marc Leishman at the Australian PGA Championship in November; LIV Golfers will be allowed to compete despite the event being co-sanctioned by the DP World Tour By Reuters Last Updated: 30/09/22 10:49am Please use Chrome browser for a more accessible video player Rory McIlroy … Read more

UK economic secretary commits to make country a crypto hub under new PM

Richard Fuller, the Economic Secretary to the Treasury, said the government wants the United Kingdom to be the “dominant global hub for crypto technologies.” In a parliamentary debate on crypto asset regulation in the U.K. on Wednesday, Fuller spoke in favor of “powerful” use cases for cryptocurrency and blockchain technology, including using distributed ledger technology … Read more

Amid crypto winter, Nexo commits additional $50M to buyback program

Crypto lending platform Nexo has increased the size of its buyback program, giving the company more discretionary ability to repurchase its native token to boost interest payments or make strategic investments in the future. On Tuesday, Nexo disclosed that its board of directors had committed an additional $50 million to buybacks, building off the company’s … Read more

Dollar rebounds as Powell commits to fighting inflation

Breadcrumb Trail Links PMN Business Author of the article: Article content NEW YORK — The dollar index gained on Friday after Federal Reserve Chair Jerome Powell adopted a hawkish tone to battling inflation, but did not settle the debate on how large a rate increase is Financial Post Top Stories Sign up to receive the … Read more

US commits to talks on frozen Afghan funds – Reuters — RT World News

Washington is negotiating the release of Kabul’s foreign-held assets to avert a humanitarian disaster, sources said The US administration will move ahead with negotiations to release billions in Afghan funds, which were frozen following the Taliban takeover last August, Reuters reported on Monday, citing its sources. The talks are meant to help stabilize the crumbling … Read more