Multi-billion dollar companies are more likely to use blockchain for traceability than for payments, according to a new analysis. Multi-billion dollar companies are more likely to use blockchain for traceability and provenance than for payments and settlement, according to a new analysis of the Forbes Blockchain 50. The now annual Blockchain 50 list was published […]
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Financial firm SoFi announced they had signed an agreement to purchase Galileo Financial Technologies for $1.2 billion. California-based and crypto-friendly financial firm Social Finance — SoFi — is acquiring the digital payment platform Galileo. In an April 7 press release, SoFi announced that it has signed an agreement to pay $1.2 billion for Galileo Financial […]
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The organizers of an online poker game aim to raise thousands of dollars to support charities fighting the coronavirus. The crypto community is rallying around the charge to fight COVID-19, with a variety of initiatives raising money to fight the pandemic and support charities on the front lines of the battle. The most recent: an […]
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The eternal battle between the ideology of decentralization and the pragmatism of the real world underpins most of the discussion on the future of MakerDAO. As part of its Black Thursday mitigation efforts, MakerDAO introduced USDC as a form of collateral. While this was an emergency measure, it touched the very sensitive topic of centralized […]
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How digital technologies can foster climate action in the context of the European Green Deal and enable global mobilization of SDG impact finance? According to NASA, the World Meteorological Organization and the National Oceanic and Atmospheric Administration, a scientific agency within the United States Department of Commerce, the last 10 years leading up to the […]
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The lack of institutionalization within the crypto space is the main obstacle for its further development and mass adoption. If the current COVID-19 pandemic has exemplified one thing, it is that our individual actions have consequences for all of us. Unfortunately, human nature propels the majority of humankind to put its individual interests first, and […]
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Coronavirus will subside but give governments carte blanche to control money and people who have no choice but to use it, warns Simon Dixon. Bitcoin (BTC) will be the only exit from the “global reset” of finance which will allow central banks to even destroy the banking system itself. That was just one conclusion from […]
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Bitfinex is launching a staking service allowing EOS, Tezos, Cosmos, and V-Systems holders to generate passive income from proof-of-stake crypto assets held on the exchange. Major cryptocurrency exchange Bitfinex has become the latest exchange to offer staking services to customers. Announced April 3, Bitfinex will offer staking rewards up to 10% per annum on crypto […]
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In an interview with My Two Gwei, CEO Bobby Ong addressed the recent $400 million acquisition of CoinMarketCap by crypto exchange Binance. Just one week after exchange Binance announced its acquisition of CoinMarketCap (CMC) — one of the most-referenced crypto data websites — some prominent figures in the crypto community are speaking out. Bobby Ong, […]
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As part of the Financial Statements Committee, the Minister of Finance is conducting an investigation into digital assets in Japan. According to top government officials in Japan, the current national tax system is not yet capable of accepting declarations of digital assets, potentially leading to outflows overseas. In a Q&A session at the Financial Statements […]
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