finance Archives - Page 85 of 295

Slow But Steady: FATF Review Highlights Crypto Exchanges’ Struggle to Meet AML Standards

August 8, 2020cashtechnews

Compliance with FATF’s travel rule presents major technical difficulties, but the blockchain industry is best-equipped to overcome them. In June 2019, the intergovernmental Financial Action Task Force (FATF) introduced its revised set of standards for virtual asset service providers. The document establishes the anti-money laundering and counter-terrorism (AML/CFT) requirements that regulated VASPs — the term […]

Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay

August 8, 2020cashtechnews

Ransomware attacks are increasingly becoming the norm as the world struggles with the fallout of the coronavirus pandemic. Year after year, the ransomware landscape changes dramatically. In 2019, a new resurgence of attacks occurred as businesses and government institutions became the main targets of ransomware, given their capacity to yield larger payouts. The most recent […]

OneCoin Co-Founder Escapes 90-Year Jail Term Following Court Settlement

August 7, 2020cashtechnews

Konstantin Ignatov is probably breathing a sigh of relief today. Konstantin Ignatov, co-founder of major cryptocurrency exit scam, OneCoin, initially faced up to 90 years in jail after pleading guilty in November 2019. Now, however, it seems that Ignotov is no longer one of the key defendants in legal actions brought by victims of the […]

Blockchain Energy Trading Pilot Using Bitcoin Sidechain Goes Live in LA

August 7, 2020cashtechnews

A U.S. startup is setting up a blockchain energy trading pilot in Los Angeles to promote electric van sharing. Energy and transportation startup EVShare is launching a community energy-sharing pilot in Los Angeles. The initiative, which received $20 million in partner funding and a $9 million grant from the California Energy Commission, is set to […]

Bitcoin Dominance Slides to 12-Month Low as Crypto Market Cap Tests Resistance

August 7, 2020cashtechnews

Bitcoin’s dominance has fallen to a 12-month low despite its recent rally, signaling renewed strength in the altcoins markets. Bitcoin’s (BTC) dominance relative to altcoins has fallen to its lowest point in 12 months, with the leading cryptocurrency representing 61% of the $359.5 billion combined cryptocurrency capitalization. Bitcoin’s dominance has slid from more than 67% […]

Analysis: Most DeFi Tokens Are Concentrated In Hands of Top 500 Holders

August 7, 2020cashtechnews

A new analysis suggests the token supplies for most DeFi projects are not widely distributed, with up to 99% held by the top 500 addresses. Token supplies for most decentralized finance (DeFi) projects are not widely distributed according to an analysis by the co-founder of DeFi Italy and Head of CryptoLab’s Digital Assets Investments Simone […]

Chinese Schools Can’t Keep Up With Demand for Blockchain

August 7, 2020cashtechnews

The Chinese academic sector is “seriously lagging” in terms of keeping up with demand for blockchain specialists. As the blockchain industry keeps expanding across China, there are concerns that the academic sector is failing to keep up with demand for comprehensive, undergraduate, blockchain-related educational programs. The head of the Digital Economy Development Research Center at […]

Funding Rate of Digital Assets: How to Avoid Being Misled

August 6, 2020cashtechnews

The funding rate is an essential mechanism to allow derivative instruments to track the spot price of their underlying asset. Since the “digital Sleeping Beauty,” Bitcoin (BTC), woke up about two months after its third halving in mid-May 2020, we have read a lot about the “funding rate” of digital assets futures — from good […]

Chainlink Rival Band Protocol Surged 65% Overnight — 3 Reasons Why

August 6, 2020cashtechnews

Chainlink rival BAND, the native token of Band Protocol, has soared by 65% in one day after Coinbase announced its listing among other factors. Band Protocol (BAND), a rival blockchain network to Chainlink (LINK) — which is also at an all-time high — surged by 65%. Within 24 hours, BAND rose from $4.825 to $8, […]

Santiment Reveals Top DeFi Platforms by Development Activity

August 6, 2020cashtechnews

Maker, Synthetic, Band Protocol, and Augur are the top DeFi platforms in terms of developer activity. Santiment research has revealed that the top DeFi platforms in July in terms of development activity include Maker, Synthetix, Band Protocol, and Augur. But it also revealed that some of the platforms that saw the biggest gains in price […]

Tag: finance

Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay

OneCoin Co-Founder Escapes 90-Year Jail Term Following Court Settlement

Blockchain Energy Trading Pilot Using Bitcoin Sidechain Goes Live in LA

Bitcoin Dominance Slides to 12-Month Low as Crypto Market Cap Tests Resistance

Analysis: Most DeFi Tokens Are Concentrated In Hands of Top 500 Holders

Chinese Schools Can’t Keep Up With Demand for Blockchain

Funding Rate of Digital Assets: How to Avoid Being Misled

Chainlink Rival Band Protocol Surged 65% Overnight — 3 Reasons Why

Santiment Reveals Top DeFi Platforms by Development Activity

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