As the monetary impacts of the coronavirus drive discussions surrounding central bank digital currencies, a U.K. blockchain firm has proposed a CDBD system to the Bank of England. United Kingdom-based blockchain firm L3COS has submitted a proposal to the Bank of England, or BoE, for a blockchain-based operating system to power a central bank-issued digital […]
Continue Reading
Congressman Warren Davidson recaps yesterday’s hearing on the digital dollar, which seemed to reach new consensus across party lines — but the devil is in the details. In a June 11 hearing before the Congressional Fintech Task Force, everyone seemed to agree that they could improve financial inclusion by giving people more direct access to […]
Continue Reading
Bitcoin Strategist at Kraken, Pierre Rochard, explains why Bitcoin is the perfect asset against uncertainty despite its high volatility. Bitcoin Strategist at Kraken Pierre Rochard believes Bitcoin to be the perfect hedge against uncertainty, despite its high volatility. In an interview with Cointelegraph, Rochard pointed out the dichotomy of uncertainty and risk. While the former […]
Continue Reading
Belarus Central Bank authorizes several banks in the country to begin issuing tokenized offerings. On June 10, 12 Belarus’ commercial and state-owned banks received permission from the national central bank to issue digital tokens. They will distribute these digital offerings through an upcoming pilot program. According to Sputnik Belarus, the country has adopted Decree No. […]
Continue Reading
The New York Times has worked on a blockchain solution to combat misinformation, providing metadata on pictures found in social media. The New York Times publication has revealed the successful completion of a trial for a new blockchain-based system to detect misinformation. According to a June 12 blog post, the publisher built a prototype to […]
Continue Reading
The CTO of Skale believes that the ecosystem behind Ethereum is impossible to compete with, despite delays. In the second part of the interview with Skale Network CTO Konstantin Kladko, he explains why he believes that Ethereum (ETH) is more than just the Eth 2.0 roadmap, and what he believes to be the best use […]
Continue Reading
Brave has paused its BAT referral program in five countries after detecting “a high number of fraudulent referrers.” Crypto-powered web browser, Brave, has halted its referral program for users in China, Russia, Indonesia, Vietnam and Ukraine after detecting “a high number of fraudulent referrers” in those regions, according to a June 11 announcement. Brave’s referral […]
Continue Reading
We selectively analyzed six stablecoins — USDT, GUSD, HUSD, PAX, TUSD and USDC — to uncover their minting and burning activities so far in 2020. As of June 4, six stablecoins — Tether (USDT), Gemini Dollar (GUSD), HUSD (HUSD), PAX Gold (PAXG), TrueUSD (TUSD) and USD Coin (USDC) — have had a total of more […]
Continue Reading
Crypto exchanges such as OKEx, Binance, Huobi, Kraken and Bitmex outline the key challenges they face in pushing to establish global operations. Cryptocurrency exchanges have an important role in driving adoption around the world, but even the biggest operations face significant challenges when trying to expand their services. The advent of Bitcoin (BTC) and the […]
Continue Reading
Gaming behemoth Atari announced that holders of its blockchain token will be able to spend it on betting, gaming and shopping. Gaming behemoth Atari announced that holders of its Atari token will be able to spend it on betting, gaming and shopping. According to an announcement on June 12, the new offerings for Atari token […]
Continue Reading