MoneyGram sheds light on the nature of its partnership with Ripple. Global money transfer service MoneyGram has clarified the nature of its collaboration with its blockchain partner Ripple following the latter’s recent probe by the U.S. Securities and Exchange Commission. In a press statement issued on Dec. 23, MoneyGram revealed that it has never utilized […]
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Experts in blockchain technology and the crypto space take on the question: What impact has DeFi had in 2020, and what can we expect in 2021? Figuring out the point at which decentralized finance began almost always ends up in a rhetorical debate. Some argue that Bitcoin’s (BTC) invention a decade ago marked the start […]
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DeFi, like crypto as a whole, features brilliant and questionable projects in equal measure. As 2020 comes to a close, it’s a good time to reflect on the biggest crypto developments and the wild ride the sector took investors on. At the beginning of the year, Bitcoin (BTC) was hovering just above $7,000, and the […]
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South Korea’s Hashed has established a new fund to finance emerging blockchain startups Hashed, one of South Korea’s largest crypto asset fund managers, has raised 120 billion won ($110 million) to fund new blockchain ventures in the so-called “protocol economy.” The funds were raised via Hashed Ventures Inc., a new entity that will oversee the […]
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Coronavirus lockdowns caused the global event organizer to take a new direction, launching a record label and selling digital art. International party brand Space Yacht is preparing to drop its second collection of nonfungible token artworks on the Nifty Gateway marketplace on Dec. 23. Titled the “Space Yacht Iconography Collection”, the NFTs feature three of the brand’s […]
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The privacy paradox has a potential resolution — if both sides can accept compromise in an increasingly polarized financial system The unique power of blockchain and cryptocurrency can also be considered their weakness. Crypto users gain unparalleled privacy for financial transactions through a decentralized transactional system. Governments, however, demand transparency in financial transactions for legal […]
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Cryptocurrency may seem like the perfect holiday gift this year, but education is key when deciding how to gift digital assets. The mainstream has taken a growing interest in cryptocurrency as the price of Bitcoin (BTC) continues to reach all-time highs. To put this interest into perspective, researchers at the Cambridge Centre for Alternative Finance […]
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A major network of state banking regulators is renewing its attack on the OCC’s moves to register non-depository institutions. A leading association of state banking regulators is trying to put the U.S. national banking regulator in its place on the issue of fintech registration. Per a Dec. 22 filing, the Conference of State Bank Supervisors, or CSBS, […]
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“It is a massive event,” and not only in the U.S. but in Europe too, as it will show markets how to value crypto firms. In some ways, the Coinbase exchange is the poster child for the crypto industry. It has embraced — not fought — regulation, which sets it apart from most cryptocurrency exchanges […]
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Australia’s overall crypto perception improved in 2020 but adoption among women is still lacking. A recently published survey by the cryptocurrency exchange platform Independent Reserve shows nearly 20% of young adults in Australia own virtual currencies in 2020. According to the 2020 edition of the Independent Reserve Cryptocurrency Index (IRCI), Australia’s general crypto sentiment improved […]
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