Ripple will allocate funds to non-profit organizations in favor of fighting the coronavirus pandemic. Ripple Labs announced a donation of $200,000 to two different non-profit organizations on March 25. These donations will aid in the fight to contain the spread of the coronavirus throughout the U.S. In a tweet published on Ripple’s official profile, the lab […]
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Brazil’s banking chief argues that crypto is a failure as a currency — but in neighbouring Venezuela it has already ‘changed the destiny of an entire country’. The President of the Brazilian Banking Federation, Murilo Portugal, has argued that cryptocurrencies are not really currencies at all. Portugal was speaking in a debate about the ‘Impact […]
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India’s Tech Mahindra said faster reconciliation and a reduction in paperwork are just two of the benefits of its implementation of the Marco Polo blockchain platform. Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, has become the first Indian business to use R3’s blockchain-based Marco Polo Network for conducting cross-border transactions. It said […]
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Libra association member will include Solana at platform’s mainnet launch. Blockchain infrastructure-as-a-service company and Libra association member, Bison Trails, announced support for Solana on March 26. Solana is an open-source project that implements permissionless blockchain technology. Solana’s protocol uses a new approach to establish the order of blocks, called Proof-of-History, and will be available at […]
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Former block producer and blockchain API provider Dfuse open-sources its technology stack. The technology stack behind Dfuse’s advanced blockchain APIs has been made open-source, according to a March 19 announcement. These APIs are primarily used in EOS development. Cointelegraph took the opportunity to interview the CTO of Dfuse, Alexandre Bourget, who revealed some of the […]
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Alethea AI’s users leverage a new revenue model to support their favorite synthetic AI-generated memes. Alethea AI, a decentralized Synthetic Content Network which tracks the usage and intellectual property of AI-generated content, has officially launched a new revenue model leveraging Decentralized Finance(DeFi) for content creators on March 30. DeFi plays an important role Alethea AI’s […]
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NULS releases ‘blueprint’ for Nerve Network, a cross-chain protocol, whose mysterious mastermind until now was only known as “Berzeck”. The NULS Technical Community (NULS) has released a blueprint for Nerve Network, a cross-chain protocol. Until now, the mysterious mastermind behind the network was known only known as “Berzeck”. Vitalik’s dream come true Nerve Network is […]
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Leaders from different corners of the crypto industry react to the sudden prospect of a digital dollar, highlighting both promise and peril for users. COVID-19 has wreaked havoc on the global economy. As legislators in the United States go back and forth on how best to distribute aid, the conversation has amplified the potential role […]
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The WFE’s Head of Regulatory affairs provides further clarity on what makes crypto a commodity versus a security. Are cryptocurrencies securities or commodities? The World Federation of Exchanges, or WFE, released a document talking cryptocurrency terminology and regulation last week. In conversation with Cointelegraph, WFE Head of Regulatory Affairs, Richard Metcalfe, has added further clarity […]
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Cryptocurrency is an alternative to sovereign currencies that are issued by state governments, but national digital currencies are not so far away from being launched. Over 30 years ago, in a January 1988 cover story emblazoned with a phoenix hovering over a paper-money inferno, The Economist offered this semi-prophetic vision of currency: “Thirty years from […]
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