Grayscale: Bitcoin Gained 47% in US-China Trade War Drawdown

Traditional assets saw broad losses with few exceptions, with Chinese uncertainty potentially contributing to bitcoin’s price rise. Bitcoin (BTC) vastly outperformed traditional wealth preservation assets during the United States–China trade war, American digital asset manager Grayscale confirmed in research published on June 11. Updating “Hedging Global Liquidity Risk with Bitcoin” — a report originally from […]

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Community First: One Protocol’s Plan to Give Users a Seat at the Governance Table

sponsored A mobile payment protocol says it wants its governance mechanism to encourage community participation, all while being easy to understand and to adopt. A “next-generation” mobile payment protocol has unveiled new features — including “incentives” for users who own and run the nodes that perform vital roles on its network, including the verification of […]

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Microsoft to Collaborate With Icertis in Enhancing Blockchain-Based Contractual Offering

Major enterprise contract management service Icertis will expand its contractual offering with Microsoft. Major enterprise contract management service Icertis will collaborate with Microsoft to expand its blockchain-based contract solution, the company announced on June 11. By entering the collaboration, Microsoft will help Icertis to extend its Icertis Blockchain Framework, which is designed to enhance the […]

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FT: Facebook Hires Standard Chartered Bank’s Head of Public Affairs for Crypto Project

Facebook hired Standard Chartered Bank’s head of public affairs Ed Bowles for its cryptocurrency project, dubbed “Libra.” Facebook has reportedly hired Standard Chartered Bank’s head of public affairs Ed Bowles for its cryptocurrency project, the Financial Times reports on June 14. Per the report, Facebook hired the senior bank lobbyist in anticipation of the greater […]

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Lithuania to Regulate Cryptocurrency Exchange Sector With Obligatory ID Checks

The Baltic nation’s finance ministry will prepare new rules in line with EU directives on anti-money laundering. Lithuania is preparing new rules to govern cryptocurrency transactions, requiring businesses to prove the identity of clients, local daily news outlet Delfi reported on June 12. As part of its obligations to impose European Union anti-money laundering (AML) […]

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Google Cloud Integrates Chainlink Oracles in Analytics Data Warehouse With ETH DApp Support

Google Cloud has integrated Chainlink’s oracle middleware with its BigQuery enterprise cloud data warehouse. The Google Cloud team has integrated Chainlink’s oracle middleware with its BigQuery enterprise cloud data warehouse, allowing for an on-chain and cloud-based interaction with Ethereum decentralized applications and smart contracts. The news was revealed in a development report published on June […]

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Binance to Stop Serving US Traders Following Announcement of US-Dedicated Platform

Binance’s updated terms of use notably includes a restriction of services to U.S.-based individual and corporate traders. Major crypto exchange Binance announced today, June 14, that it has updated its terms of use, which notably includes a restriction of services to United States-based individual and corporate traders. The restriction follows yesterday’s news that the company […]

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WSJ: Facebook Crypto Project Seals $10M Investment Each From Visa, Mastercard, Paypal, Uber

Visa, Mastercard, PayPal, Uber and others have allegedly each invested around $10 million in the governance consortium. Facebook has allegedly sealed backing from over a dozen firms that include Visa, Mastercard, PayPal and Uber for its soon-to-be-unveiled cryptocurrency project. The news was reported by the Wall Street Journal (WSJ) on June 13. Source ostensibly familiar […]

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