The Philippines is really interested. The Philippine central bank sees digital tokens as a means to reduce the use of fiat money and improve the delivery of financial services in the country, even as the country is still studying its own digital currency. Speaking to Bloomberg, Philippine central bank Bangko Sentral ng Pilipinas, or BSP, […]
Continue Reading
The listing will make blockchain ownership more decentralized. Beowulf Blockchain, a decentralized cloud network for communication services, has announced the listing of its coin, BWF, on the Bittrex exchange. Headquartered in Silicon Valley, the company stated that its coin would be available on Bittrex starting Sept. 24. According to Beowulf, listing its coin on the […]
Continue Reading
He’s made his governance intentions clear. Yearn Finance founder Andre Cronje puts himself up as a delegate for Uniswap hoping to influence the governance of the protocol. In a tweet, Cronje said he “will build tooling to facilitate delegation, off-chain voting, and on-chain enforcement” if made a delegate. He added: “At this point, I do […]
Continue Reading
If we ever want legitimacy for digital assets in the world of mainstream finance, we need legitimate financial education. The cryptocurrency market is still in its infancy, and the overpowering sense of possibility is strong. The range of attitudes toward crypto is generally broad, but recent surveys shed light on certain inclinations one way or […]
Continue Reading
DeFi is almost certainly the future, but that future may not be today. The decentralized finance, or DeFi, sector of the crypto industry has been bursting with exuberance, innovation, and speculation in recent months. The niche is still very much in its infancy, however, according to Richard Byworth, CEO of digital finance company Diginex. “I […]
Continue Reading
The IRS has a strong interest in receiving information from informed whistleblowers about offshore crypto accounts and criminal crypto tax activity. The COVID-19 pandemic has forced governments worldwide to focus on bringing blockchain technology to their financial services, along with the needed regulatory upgrades to keep the burgeoning fintech industry clean. Related: Not like before: […]
Continue Reading
They aim to make investing faster. Figure Technologies launched its new digital fund services products for investment firms on a blockchain, the company said in a statement. The San Francisco-based financial technology firm used the Provenance blockchain and aims to use the technology to automate much of the paper-based processes in fundraising and fund […]
Continue Reading
There are several ways DeFi users can earn via yield farming. However, it isn’t so simple, as the technology is still young, say pundits. Yield farming has experienced a Cambrian explosion of sorts over the last few months, thanks in part to the emergence of various decentralized finance protocols. In its most basic sense, yield […]
Continue Reading
Data shows whales are not selling large amounts of Bitcoin at the current BTC price and institutions are accumulating BTC. As the price of Bitcoin (BTC) breaks past $11,100 on Sep. 19, whale activities and Bakkt’s all-time high volume suggests strengthening momentum. The 4-hour price chart of Bitcoin. Source: TradingView.com According to CryptoQuant’s Ki Young […]
Continue Reading
Can you imagine a world with 40 Facebooks competing for you? Unstoppable Domains co-founder Bradley Kam believes that neither the anti-encryption bills nor the technology giants present a real threat to the future of the Internet. In his opinion, both, the governments and the giant platforms are helping to usher the era of the decentralized […]
Continue Reading