Crypto and blockchain won’t catch on until they’re actually useful

Taking blockchain tech from buzzword to essential technology should have a singular focus: Making it useful for people’s everyday lives. A perennial question surrounding blockchain technology is: When will it make a mainstream impact? Understandably, enthusiasts in the industry are anxious to see this technology live up to its promise of empowering consumers, accelerating cross-border […]

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Chainalysis expands presence in APAC in response to KuCoin hack

But it remains unclear where KuCoin is actually headquartered. Chainalysis, a major global cryptocurrency analytics firm, is expanding its presence worldwide to embrace more jurisdictions for its crypto investigations. Providing services to federal agencies like the Internal Revenue Service and the FBI, Chainalysis is launching new offices in Singapore and Tokyo to better service customers […]

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Gemini crypto exchange adds shielded withdrawals for privacy coin Zcash

“Regulators can get comfortable with privacy-enabling cryptos,” Gemini says. Gemini, a cryptocurrency exchange founded by the Winklevoss twins, aims to improve user privacy with a major privacy token, Zcash (ZEC). Starting Sept. 29, Gemini will support shielded withdrawals of ZEC, which allows users to hide their transaction data. Gemini representatives said that the new feature […]

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Kenya’s golf stablecoin highlights need for Africa-wide regulations

A stablecoin that will be used to pay entrance fees for the golfing tournaments of a Kenyan ‘entrepreneurs network’ has started testing under the local regulatory sandbox. YENTS, an unusual stablecoin developed by the Kenya’s Young Entrepreneurs Network (YEN), has entered into testing under the local regulatory sandbox. YEN, which organizes golfing tournaments to facilitate […]

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Anonymous donor saves OpenBazaar… for now

OpenBazaar received a temporary lifeline, but they aren’t out of the woods yet. On September 25, OpenBazaar announced that their platform would likely shut down due to financial difficulties, stating that user growth and adoption had stalled. According to a tweet published on Open Bazaar’s official Twitter account, a mysterious donor has since agreed to […]

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