Israeli Firm Unveils Tech Allowing Users to ‘Undo’ Erroneous Ether Transactions
Kirobo has repurposed its bitcoin transaction reversal feature to work on Ethereum.
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The founder and CEO of an Africa-focused payments firm, Elizabeth Rossiello, claimed on Nov. 11 that the beleaguered crypto exchange FTX had incorrectly included AZ Finance in its chapter 11 bankruptcy protection filing. The CEO insisted that her firm does not hold customer funds and is presently taking steps to correct the “erroneous court filings.” AZA Finance Does Not Hold Users’ Funds The founder and CEO of AZ Finance, Elizabeth Rossiello, has slammed the “erroneous inclusion” of her firm in FTX’s Nov. 11 chapter 11 bankruptcy filing. According....
Ethereum startup Blox is introducing shared staking pools, allowing users to aggregate their ether holdings to participate in Eth 2.0.
Israeli blockchain tech developer Kirobo is set to launch a P2P token swap solution it claims is cheaper than using exchanges and over-the-counter parties. Israeli blockchain tech developer Kirobo is launching a decentralized P2P token swap solution. According to the company the protocol, dubbed “Atomic Safe Swap,” offers a decentralized peer-to-peer trading alternative to centralized marketplace exchanges or over-the-counter (OTC) desks, and is set to launch on July 27. The service is built on Ethereum and supports Ether (ETH) and ERC-20 tokens. Atomic Safe Swap is an extension of the....
The vibrant Israeli fintech industry generates innovation using Blockchain technology which leaves the regulator no choice but eventually to join in. Special Counsel Roy Keidar examines the development and the current state of Blockchain in Israel. The military factor. Despite its small size, Israel, long recognized as a hotspot for disruptive innovation, is becoming a leading force in Blockchain technologies. The flourishing Israeli tech ecosystem, boasting the highest concentration of tech companies outside of Silicon Valley, provides fertile ground for pushing DLT forward. One of the....
The Israeli government is considering taxing profits on bitcoin, said an Israeli paper this week. Business paper Globes reported that the Israel Tax Authority is mulling the prospect, believing that people who make profits from bitcoin owe taxes. "We cannot ignore this phenomenon which one way or another involves financial transactions and therefore we are examining its importance," an Israel Tax Authority source was quoted as saying. But a model for taxing profits was unclear, given that the country has not yet recognized bitcoin as an official currency, said Globes. Jonathan Rouach, CEO....