Ethereum co-founder and founder of Cardano, Charles Hoskinson, pronounces the 20th-century world order dead. Ethereum co-founder and founder of Cardano, Charles Hoskinson, pronounced “the economic order of the 20th century” dead in a recent YouTube livestream. By “the economic order of 20th century”, Hoskinson means a centralized hierarchical economy that was built through “a series […]
Continue Reading
This week, the UK’s central bank issued a discussion paper on how digital currencies could be introduced and used in the country. The Bank of England (BoE) is seriously weighing the pros and cons of issuing a central bank digital currency (CBDC) denominated in pounds sterling. Britain’s central bank recognized that a digital pound could […]
Continue Reading
MakerDAO, the organization behind the Dai stablecoin, is making a bid for Dai to serve as a “real parameter” of dollar-pegged value for video game economies. MakerDAO, the organization behind the Dai (DAI) stablecoin, is making a bid for Dai to serve as a “real parameter” of dollar-pegged value for video game economies. As blockchain […]
Continue Reading
America’s largest bank, JPMorgan Chase, has settled a $1 million class-action lawsuit over unannounced changes to its credit cards’ fee schedule for crypto purchases. The sixth-largest bank worldwide, JPMorgan Chase Bank, has settled a lawsuit over unannounced changes made to the fee structure applied to cryptocurrency purchases made using its credit cards in 2018. The […]
Continue Reading
PumaPay hopes to stimulate interest in crypto payments in the porn industry through a number of new subscription models. Although cryptocurrency payments still only account for a tiny fraction of revenue on adult entertainment sites, a new integration on the Pornhub platform is looking to finally deliver against expectations that have been running high for […]
Continue Reading
Insurance protection for online crypto wallets is finally on the market, but at what cost? Insurance underwriters associated with Lloyd’s of London are now backing a new liability policy designed to protect cryptocurrency stored in online wallets. With a modest minimum of 1,000 British pounds ($1,275) in protected assets and rather flexible terms, the product […]
Continue Reading
Earning interest on your assets is only the tip of the iceberg for the thriving crypto lending ecosystem; opportunities abound to make hodl’d assets more productive. What is the future of crypto lending? While liquidations are saved for last because of the limited opportunity, it’s important to recognize liquidations are a key part of the […]
Continue Reading
A blockchain lending firm has seen the value of total loans funded surge to $1 billion since the U.S. Federal Reserve announced its emergency stimulus interest rate cut last week. A blockchain lending firm has seen the value of total loans funded surge to $1 billion since the United States Federal Reserve announced its emergency […]
Continue Reading
Decentralized finance project Paradigm Labs — backed by veteran crypto investors Polychain Capital, Dragonfly Capital and Chapter One Ventures — is shutting down. Decentralized finance project Paradigm Labs — backed by veteran crypto investors Polychain Capital, Dragonfly Capital, and Chapter One Ventures — is shutting down. In an announcement yesterday, March 10, CEO and co-founder […]
Continue Reading
Global crypto exchange Huobi has announced a new mobile app to trade a wide range of cryptocurrencies. Huobi Group has officially announced the launch of its new mobile application, Huobi Lite. Per a March 10 announcement, the new app will allow anyone to trade major cryptocurrencies on Android and iOS without fees or commissions. Users […]
Continue Reading