Supersonic is a trustless zero-knowledge proof system that could help DeFi platforms, as third-party trust isn’t required to ensure privacy. In an interview with Cointelegraph at the Stanford Blockchain Conference on Feb. 19, Stanford University cryptography Ph.D. student Ben Fisch described Supersonic as a trustless zero-knowledge proof system, also referred to as a zk-SNARK. Fisch […]
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By proposing the united regulatory framework for blockchain and crypto spaces, Europe would have a chance to surpass its main competitors: China and the U.S. Besides China’s ongoing struggle with the coronavirus, one of the defining narratives for the world’s largest country entering the new decade was its central bank-issued digital currency. Reportedly in its […]
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In South Korea, tax experts gathered and proposed a transaction tax on cryptocurrency before leaping straight to an official income tax. South Korean tax experts have advised the Korean government to apply a low-level trading tax on cryptocurrency profits before subjecting citizens to a transfer income tax, according to a Business Korea report. The Korean […]
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Polkadot has progressed through the initial stage of integrating Chainlink oracles, which signals a systematic approach of porting Ethereum infrastructure. Polkadot is gearing up for its upcoming network launch as it revealed an integration with Chainlink (LINK) on Feb. 25. The integration of Chainlink oracles may be crucial for the development of Polkadot decentralized finance […]
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Nigma Conseil and the Austrian Institute of Technology joined forces to provide an alternative blockchain forensics platform, offering compliance for AML and KYC. The French cybersecurity company Nigma Conseil and the Austrian Institute of Technology (AIT) have revealed to have collaborated on developing a new blockchain forensics tool. The agreement was signed on Feb. 25 […]
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Fintech firm Diginex has revealed its further development plans, once the merge deal with 8i is closed. Investment holding company 8i Enterprises Acquisition Corp. and blockchain financial services and technology firm Diginex have scheduled a shareholders meeting to consider the proposed business merge. The special meeting will take place on March 20 in New York, […]
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The senior Bank of England official believes that regulators must act quickly to prevent major tech firms from using stablecoins to dominate the payments sector. Bank of England (BoE) chief cashier Sarah John has expressed opinions favoring state-issued digital currencies, according to a Feb. 22 article published by The Telegraph. She urged other central banks […]
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Celsius Network released its quarterly report where it reveals its growth in most reference metrics, having more than doubled the interest paid to users. Celsius Network reports to have more than doubled its interest payments in the three months since its last disclosure. This is one more signal of the continuous growth of the crypto […]
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To avoid recession of national economics Turkey is planning to become the crypto and blockchain hab in Eurasia: What has been done and what to expect in the future? Turkey is making huge strides toward becoming one of the world’s premier locations for blockchain and cryptocurrency adoption. A nation that has often been seen as […]
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Authorities in the 3rd-largest economy are meeting to discuss adopting a digital currency. With finance ministers and central bank governors having recently discussed cryptocurrency regulations at the G-20 summit, Japan is taking notice at home. Leaders at the Bank of Japan (BOJ), Ministry of Finance (MOF), and Financial Services Agency (FSA) have held a number […]
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