A New York judge has said that crypto purchases might not be cash advances, and a class action suit against Chase can largely proceed. Southern District of New York Judge Katherine Polk Failla has ruled that purchasing cryptocurrency with a Chase Bank credit card does not necessarily count as a cash advance, as per Chase’s […]
Continue Reading
Facebook’s Libra stands to be the largest DApp network to date, with over 2.4 billion active users — but will the dream be realized? The official announcement and details around Project Libra were provided to the world on June 18, 2019. Firstly, Libra was introduced: a new global reserve-backed cryptocurrency built on top of the […]
Continue Reading
Are crypto tokens different than coins? An ultimate guide to all forms of digital currencies. Are those definitions universal? No, given that the space is continuously evolving. Cryptocurrencies as we know them have existed for just 10 years, while most government agencies started paying attention to them only three-five years ago, when Bitcoin’s popularity began […]
Continue Reading
Green policy and crypto energy consumption in the US. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies, necessitate very high consumption of electric energy, currently produced with coal and fossil fuels with adverse environmental effects. A global shift towards green energy will require the removal […]
Continue Reading
Ethereum is becoming the go-to blockchain protocol for enterprise business solutions based on several reasons, such as adoption, scalability and support. Ethereum currently is known as the most popular public blockchain network for the development of decentralized applications (DApps) and smart contracts. Its prospective blockchain protocol is one of the few cryptocurrency projects actually achieving […]
Continue Reading
Congresswoman Alexandria Ocasio-Cortez highlighted the idea of scrip in today’s Libra hearing, remarking that it is destabilizing. New York Congresswoman Alexandria Ocasio-Cortez addressed the control of Facebook’s Libra cryptocurrency in today’s United States House Committee on Financial Services hearing. As per a recording of the event, provided by C-Span on July 17, Ocasio-Cortez addressed Calibra […]
Continue Reading
Jamie Dimon says that he would not spend too much time on Libra as the coin does not pose a threat in the foreseeable future. Jamie Dimon, CEO of global financial services firm JPMorgan Chase, argued that Facebook’s cryptocurrency project Libra does not pose a threat in the foreseeable future. As reported by CNBC, Dimon […]
Continue Reading
A new job listing from investment banking giant Goldman Sachs reveals apparent intentions to pursue digital asset development at an unprecedented pace A new job listing from investment banking giant Goldman Sachs reveals apparent intentions to pursue digital asset development at an unprecedented pace. The listing, now live, seeks a Digital Asset Project Manager under […]
Continue Reading
Libra, Ton and JPMorgan Coin, a comparative survey of three projects that are set to shock the crypto world — for better or for worse.. Since the beginning of 2018, rumors and then news about some large players entering the blockchain industry mesmerized the crypto community. Presently, the projects promoted by JPMorgan Chase, Facebook and […]
Continue Reading
sponsored An open-source blockchain platform says the industry is going the same way as the internet: Just like websites, every business now wants their own chain. An out-of-the-box solution says it enables anyone, even with no experience, to build their own blockchain in under 10 minutes. According to Nuls, businesses are going through a similar […]
Continue Reading