Coinbase Backed Centre Deploys Identity Solution, How It Will Affect Future O...

Coinbase Backed Centre Deploys Identity Solution, How It Will Affect Future O...

Founded by leading crypto exchange Coinbase and Circle, the Centre Consortium recently announced a set of decentralized data models and identity protocols for credential issuance under the name “Verite”. Per a press release shared with Bitcoinist, the identity solution has been developed as open software and can be implemented by developers right now. Related Reading […]


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Microsoft deploys solution on Bitcoin, calls it the most secure network

Senior Product Manager for Decentralized Identity at Microsoft, Daniel Buchner, has confirmed the release of ION. Deployed on the Bitcoin mainnet, this solution is a permissionless public network for Decentralized Identifiers (DIDs). Implemented on Bitcoin’s blockchain, it operates as a second-layer solution to support a DIDs/DPKI (Decentralized Public Key Infrastructure) at scale, according to its […]

FTX joins other crypto goliaths to promote autonomy over sensitive information

FTX and Alkemi add to the list of 14 crypto companies partnered with Verite, including Coinbase, Circle, Hedera Hashgraph, Ledger, Solana Foundation and more. Centre, an open-source technology project developed by Coinbase and Circle, has onboarded crypto exchange FTX and Alkemi Network as its latest partners to collaborate on Verite. Verite is a set of shared decentralized identity protocols — developed by Centre — to empower crypto-centric individuals and businesses by granting total control of personal information. Supporting Verite’s commitment to collaborate on shared decentralized....

Centre Consortium Working to Create ‘Global Network’ of Stablecoins

Centre, the consortium created by Circle and Coinbase around USD coin (USDC), has assembled a team of new executives to power its expansion overseas. The new team, comprising six new executives assembled by David Puth, CEO of Centre, will look to support new partners and add new alliances to keep the company growing in the future. One of the objectives of the new ensemble will be to create an interoperable global network of stablecoins. Centre Consortium Expands Team to Create Stablecoin Network Centre, the standards and governance organization for USD coin (USDC), reported it....

PayPal-Backed Identity Platform Acquired by Nevada’s Blockchains LLC

An identity management provider backed by PayPal, Foxconn and others has been acquired by Nevada-based holding company Blockchains LLC.

How the CFTC fine on Coinbase could affect future crypto company listing

The Commodity Futures Trading Commission (CFTC) has imposed a $6.5 million fine on Coinbase. The regulator is accusing the Exchange of false or misleading reporting and wash trading, per an official statement. Between 2015 and 2018, according to the CFTC order, a former Coinbase employee engaged in the referenced misconduct on the GDAX platform. The […]